- Monday, 8 September 2025
Laxman Kafle
Hotels multiply, raising hopes for tourism industry, national economy
Nepal’s tourism and hospitality industry has seen a remarkable expansion in recent years, with the establishment of significant number of luxury accommodations, including five-star hotels.
Gold price down by Rs. 15,900 per tola as govt cuts customs duty
After the government reduced the customs duty for the precious metal, the price of gold has plummeted in the domestic market on Monday. In a significant single-day decline, the price of gold fell by Rs. 15,900 per tola following the Cabinet's decision to slash the customs duty on gold.
Nepal starts exporting electricity to Bangladesh
In a significant development for regional energy cooperation, Nepal has officially begun exporting electricity to Bangladesh. The export of 40 megawatts of electricity produced in Nepal to Bangladesh began on Friday.
Soaring dry fruit prices compel consumers to curtail quantity
As the Tihar festival descends upon us, a significant concern has distressed consumers in Nepal: the soaring prices of dry fruits. The consumption of dry fruits hits the peak in Tihar festival as women offer these delicacies to their brothers during the Bhai Tika festival. However, this year, many are finding it increasingly difficult to afford these requisite items due to sharp price hikes.
Glow lights business dims down this Tihar
People are now preparing to celebrate Tihar, also known as the festival of flowers and lights. Clay palas, electric lights
Tomatoes too dear for ordinary consumers
The price of tomatoes has skyrocketed in the Kathmandu Valley over the past few weeks. Local shopkeepers cite short supply for the high prices. According to the Kalimati Fruit and Vegetable Market Development Board (KFVMDB), the wholesale price of tomatoes, one of the most essential vegetables, jumped up to Rs. 150 per kilogram on Saturday while it was only Rs. 50 a month ago.
88 MW power added to national transmission grid in 100 days
Additional 88 megawatts of electricity has been added to the national grid during the first three months of the current fiscal year 2024/25. Presenting the 100-day work progress of the Ministry of Energ
Electricity worth Rs. 7.5 billion exported to India in two months
Electricity worth Rs. 7.54 billion has been exported to India during the first two months of the current fiscal year. Nepal Electricity Author
Disasters cause damage worth Rs. 4.3bn in energy, irrigation sectors
Due to continuous rain for two days, floods and landslides across the country have caused losses of approximately Rs. 4.35 billion in the energy and irrigation sectors. According to preliminary r
Upper Tamakoshi, several other hydro projects hampered by rains, floods
Several hydropower projects across the country have been affected due to floods in rivers in the wake of heavy rains. According to the Nepal Electricity
Gold demand goes down this Teej festival
The demand for gold surprisingly experienced a massive decline during this Teej festival thanks to the excessive price hikes. In the past, gold demand used to be high during the women’s festival. But this year, when the p
Over 720,000 tourists arrive in first eight months of 2024
More than 72,500 foreign tourists have entered Nepal in the month of August 2024. According to the Nepal Tourism Board (NTB), a total of 72,719 tourists entered Nepal in the month of August, this year. This is 8.29 per cent higher than the tourist arrival during the same month of last fiscal year 2023 but 23.85 per cent lower as compared to the same month of 2019. A total of 67,153 tourists arrived in Nepal in the month of August 2023. Similarly, around 94,750 tourists visited Nepal in the month of August in 2019.
Paddy plantation completes nationwide
The paddy plantation of the season has been completed with a plantation done in 98.5 per cent of the total paddy field. According to the Ministry
India to purchase additional 251 MW of electricity from Nepal
Nepal has received approval from India to export an additional 251 megawatts of electricity from a dozen hydropower projects. According to the Indian Em
Revenue collection records slight improvement
Revenue of around Rs. 95 billion has been collected in the first month of the current fiscal year 2024/25. According to the daily report of the Financial Comptroller General Office under the Ministry of Finance, the revenue collection of the government stands at Rs. 94.7 billion which is 6.68 per cent of the annual target (Rs. 1,419.30 billion) during the review period.
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