The government has estimated that around Rs. 12.38 billion will be required to rebuild road structures damaged by the recent floods and landslides triggered by heavy rains on October 4, 5, and 6 across the country.
Nepal’s economy is projected to grow at a sluggish rate of 2.1 per cent in the current fiscal year 2025/26, significantly lower from the previous year's 4.6 per cent, according to the World Bank’s latest South Asia Development Update: Jobs, AI and Trade, published on Tuesday. "In Nepal, recent unrest and heightened political and economic uncertainty is expected to
Due to floods caused by heavy rains that occurred on October 3 and 4, 32 hydropower projects have been affected in 10 districts of three provinces. According to prelimina
As Dashain, one of Nepal's most significant and widely celebrated festivals, approaches, markets across the country—especially in the Kathmandu Valley—are witnessing a surge in consumer activity.
The Department of Livestock Services (DLS) has intensified health inspections of goats in the Kathmandu Valley to ensure safe meat consumption during the Dashain festival.
In response to the widespread damage of public infrastructure during the Gen-Z protests on September 8–9, the government has launched an ambitious national reconstruction campaign aimed at rapid recovery and long-term economic revival.
Minister for Energy, Physical Infrastructure and Transport, and Urban Development, Kul Man Ghising, has instructed concerned authorities to ensure round-the-clock monitoring of road conditions and rapid response mechanisms during the festive travel period.
The contracts for unattended development projects under the Ministry of Energy, Water Resources and Irrigation, the Ministry of Physical Infrastructure and Transport, and the Ministry of Urban Development, which have been left idle for a long time, are to be terminated.
Nepal implemented a new constitution on September 20, 2015. With the promulgation of the new constitution, many had expected the country to embark on the path of economic prosperity. This national charter has a clear objective of buil
Nepal’s share market experienced a dramatic fall on Thursday. The benchmark of the stock market, NEPSE, recorded a three-digit fall of 160.33 points on Thursday. The share transaction has been clo
Public transportation to and from the Kathmandu Valley has resumed smoothly after several days of disruption caused by the recent Gen-Z protests. The movement of vehicle
The Business community has demanded necessary security for uninterrupted business operation and the supply chain of essential goods. In separate press statem
Vegetable supply across the Kathmandu Valley has been severely disrupted in the aftermath of the recent Gen-Z protests, causing a sharp rise in prices and widespread shortages in local markets.
Nepal’s foreign direct investment (FDI) stock rose by 12.7 per cent in the fiscal year 2023/24, reaching Rs. 333 billion, according to a recent survey conducted by Nepal Rastra Bank (NRB).
In a welcome shift towards healthier living, a growing number of people are choosing buttermilk over soft cold drinks, thanks to widespread awareness campaigns launched by dairy entrepreneurs, associations, and health advocates.