Nepal’s foreign currency reserves surged to a record high in the fiscal year 2024/25, providing a strong buffer for the country’s external sector. According to the annua
Nepal witnessed a significant surge in foreign direct investment (FDI) commitments in the first month of the current fiscal year 2025/26, with pledges reaching Rs. 24.10 billion. According to the report
An integral part of Nepali traditional cuisine, gundruk—dried form of green leafy vegetable, is gaining renewed popularity across all social classes and is even making its way into high-end culinary establishments.
Nepal Oil Corporation (NOC) is set to construct a new fuel depot with modern facilities on the banks of Rohini River in Rupandehi at a cost of almost Rs. 6 billion.
The Nepal Electricity Authority (NEA) has reported a significant drop in its profit for the fiscal year 2024/25, primarily due to declining electricity export rates, increasing administrative costs and losses from foreign exchange fluctuations.0
Nepal has witnessed a steep decline in gold imports and local consumption over the last fiscal year, as record-breaking global prices of the precious metal have stunned the domestic market. According to the annua
Nepal is an agrarian country, but over the years import of agricultural goods has been growing alarmingly. According to annual tra
At a time when the country’s export trade has not been encouraging, Nepal managed to export power worth Rs. 17.46 billion to India and Bangladesh in the last fiscal year 2024/25, indicating that electricity could emerge as the key export product of Nepal soon.
Most farmers in Nepal heavily depend on monsoon rains to grow paddy and other crops due to limited irrigation facilities.
The National Millet Day is being marked for the first time in Nepal on Friday with the slogan “Diet of Millet Dishes: Base of Food Security and Healthy Life”. The day is being celebrated nationwide to highlight the importance and potential of millet crops and to increase public interest in promoting its cultivation and consumption as well, according to Department of Agriculture under the Ministry of Agriculture and Livestock Development.
A Detailed Project Report (DPR) has been prepared for the relocation of the aviation fuel depot near Tribhuvan International Airport in Sinamangal. The DPR for relocating th
It is the season to enjoy jackfruits. If you visit the fruit and vegetable markets in Kathmandu, you can see heaps of ripe jackfruits waiting for customers at many shops. "It costs around Rs. 70 per kilogram," a shopkeeper was heard responding to a buyer at Pepsicola. "If you want to take only meats, it costs Rs. 150 per kg."
Nepal’s export trade witnessed a record growth in the last fiscal year 2024/25, breaking all previous records. According to annual tra
Madhes Province has reported the lowest paddy plantation progress among all provinces in the country as of July 20, this year. According to the paddy plantation statistics made public by Centre for Crop Development and Agro-Biodiversity Conservation under the Department of Agriculture on Sunday, plantation has been completed only in 46.83 per cent of its total paddy fields so far thanks to the long spell of drought.
The government has once again fallen short in capital expenditure performance for the fiscal year 2024/25, with just 63 per cent of the allocated capital budget being spent, raising concerns about the government's ability to effectively implement development projects.