In a major policy shift aimed at achieving self-reliance in agriculture and ensuring food security, the government has unveiled a comprehensive agricultural modernisation plan that seeks to transform the sector through mechanisation and specialisation.
Nepal Electricity Authority has issued a white paper showing its situation with financial status, demand and supply situations of electricity and further plans. At a press conference o
Nepal’s economy is estimated to grow by 4.61 per cent in the current fiscal year 2024/25. According to the Ann
While the government is preparing budget for the next fiscal year, economists have suggested the government to prioritise reducing recurrent expenditure in the upcoming fiscal budget.
Ministry of Agriculture and Livestock Development is preparing policy, programmes and budget for the upcoming fiscal year 2025/26 with the focus on increasing agricultural productivity while preserving soil health.
Nepal and India have inked an important agreement to expand the cross-border transmission lines. The landmark agreement
An annual investment of Rs. 3,023 billion is required to meet the Sustainable Development Goals. According to the peri
Recent official visit of Prime Minister KP Sharma Oli to Thailand has been fruitful in expanding trade and commerce and strengthening relations through the private sectors of both countries
The High-Level Economic Reforms Recommendation Commission has submitted its final report to the government with the suggestion for creating a conducive investment climate and bringing production costs down.
Nepal continues to struggle with a growing trade deficit, as it faces deficits with 126 out of its 160 trading partners in the first eight months of the current fiscal year.
Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari has said that the country's economy did not face major problems despite the challenges created by the COVID-19 pandemi
The provincial governments and local levels are set to receive around Rs. 305 billion through revenue sharing and fiscal equalisation grants in the upcoming fiscal year 2025/26. The federal governme
The government of India has agreed to supply electricity to Nepal for additional four hours. India has agreed to all
Goods worth above Rs. 158 billion have been exported during the first eight months of the current fiscal year 2024/25. According to the trade
Nepal’s hydropower production has reached 3,400 MW in 114 years since the first power plant-- the 500-kilowatt Pharping Hydropower Project was built in 1911 during the reign of Rana Prime Minister Chandra Shumsher.