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
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.
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
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 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.
Nepal has reached the stage of being a fully electrified country as 99 per cent of the country’s population has already had access to electricity. Managing Director of Nepa
Nepal has conducted foreign trade with more than 169 countries of the world. Nepal suffers trade deficit with most of the countries having trade relations. According to an annual tra
The country’s foreign trade has shrunk marginally in the last fiscal year 2023/24. According to annual trad
The total outstanding debt of the government reached Rs. 2,433.23 billion by the end of the last fiscal year 2023/24. Out of total debt, externa
The fiscal year 2023/24 has closed with less than satisfactory performance in both revenue mobilisation and capital expenditure by the government. Despite various efforts and policy mea
There has been a further improvement in the external sector of the economy. A significant improvement h
After almost six years of continuous efforts for power trade between Nepal and Bangladesh, the two countries are finally close to ink an agreement to this effect. The Bangladesh Power De
Paddy plantation is going on in full swing across the country, thanks to the regular rainfall. According to the statistics of the Department of Agriculture, under the Ministry of Agriculture and Livest
With the onset of the monsoon season, agricultural activities have intensified across the country, focusing primarily on the cultivation of paddy. Farmers have begun the annual cycle of planting paddy, the
The revenue mobilisation of the government stands at 67 per cent of the annual target when only 10 days are left to end the current fiscal year. However, the revenue mobilisation of this year is slightly better than that of last year.