Minister for Industry, Commerce and Supplies, Damodar Bhandari, has said Pashmina industry is the identity of Nepal.
Minister for Industry, Commerce and Supplies, Damodar Bhandari, has said the ministry has been studying on the issue related to hike in the price of cement and the dispute would be resolve soon.
The country has witnessed a trade deficit of Rs 723.58 billion in the half-yearly review of the current fiscal year. During the period, the country's total foreign trade stood at Rs 921.16 billion, according to the Department of Customs.
Prime Minister KP Sharma Oli has said that a system would be developed making it possible to carry out works like company and VAT registration on a single day from home with the help of technology.
Finance Minister Bishnu Prasad Paudel claimed that the country's economy was moving towards improvement in comparison to the past with the reform efforts yielding results.
The Nepal Stock Exchange (Nepse) index has crossed above 2,600 points today.
With the latest price adjustment, petrol will now cost 162 rupees 50 paisa per litre in the first category of locations, for the second 164 rupees and for the third 165 rupees per litre. Similarly, diesel and kerosene per liter for the first category has been fixed at 153 rupees 50 paisa, for the second category 155 rupees and for the third category 156 rupees per litre.
The Nepal Rastra Bank (NRB) has unveiled a draft with new standards to manage savings and credit of cooperative organizations with the government issuing a new law relating to cooperative sector management through an ordinance.
Deputy Prime Minister and Minister for Urban Development Prakashman Singh called for modernizing industries' management.
The consumer price inflation has stood at 6.05 percent in mid-December 2024 compared to 4.95 percent a year ago, according to the central bank.
This funding will support the company's flagship platform, KHETI, which is transforming Nepal's agricultural landscape by offering collateral-free loans up to Rs. 200,000 for smallholder farmers.
Affordability is hindering EV adoption in both emerging and developed markets. According to the IEA Global EV Outlook, 55% to 95% of the electric car sales across major emerging and developing economies in 2023 were large models targeting consumers of high-end goods, and far too expensive for mass-market consumers, who often do not own a personal car in the first place.