News
Weak private investment deepens pressure on Nepal's revenue and public debt
8+ hour, 38+ min ago (855+ words) The government, currently preparing its policy and programmes for fiscal year 2026-27, which is viewed as the base year for Nepal's long-term ambition to build a $100 billion economy, faces the challenge of restoring the private sector's confidence and creating conditions for…...
Nepal's growth holds steady at 3. 85 percent despite shocks
1+ week, 4+ day ago (866+ words) Nepal's economy has shown resilience in the face of multiple shocks this fiscal year, from heavy agricultural losses and domestic unrest to global geopolitical tensions that drove up fuel and transport costs. Despite these setbacks, the country is projected to…...
Hormuz Strait closure takes its toll on global economic growth
3+ week, 3+ day ago (549+ words) The International Monetary Fund (IMF) has warned that the ongoing conflict in the Middle East could derail global economic recovery, casting a shadow over growth prospects and disproportionately affecting developing countries. According to the latest assessments, the turmoil is expected…...
Indian duties batter Nepal's steel exports, wipe out billions in earnings
1+ mon, 3+ day ago (738+ words) The imposition of hefty import duties by India on iron and steel products has sharply dented Nepal's export potential, causing losses of billions of rupees and pushing domestic manufacturers into crisis. Nepal's iron and steel exports plunged by 77. 28 percent to…...
Economic reform tops agenda as new government sets ambitious growth targets
1+ mon, 1+ week ago (719+ words) Following a strong electoral mandate, Balendra Shah was sworn in as prime minister on Friday, with economist Swarnim Wagle appointed as finance minister in the majority government. The ruling party has set ambitious economic targets in its election manifesto, aiming…...
Development economist looks to strengthen Nepal's economic foundations
1+ mon, 1+ week ago (331+ words) Nepal's economy currently remains under strain, with weak revenue collection, sluggish capital expenditure and declining foreign grants but with strong foreign currency reserves. Against this backdrop, noted economist Swarnim Wagle has assumed charge as finance minister. Wagle entered Parliament through…...
Tarai records highest inflation despite production advantage
1+ mon, 3+ week ago (955+ words) The Tarai, long regarded as Nepal's food basket and a hub for agricultural and industrial production with easy access to cross-border markets, has recorded the highest inflation in the country, according to a report by the Nepal Rastra Bank. The…...
Iran conflict forces central banks into sharp policy rethink
2+ mon, 19+ hour ago (723+ words) The escalating crisis in the Middle East has dramatically changed the outlook for global central banks, with the huge supply shock posing a "difficult trade-off between underpinning growth and countering inflation. For emerging Asian central banks, cutting interest rates has…...
Opinion | Is the peg to INR still a safe harbour?
2+ mon, 1+ week ago (895+ words) kathmandupost. com Is the peg to INR still a safe harbour? For millions of Nepalis, the act of crossing the border into India for employment, trade, or tourism is an essential part of their lives. This ease of movement is…...
Wholesale vegetable prices cool in Kathmandu, retail rates remain high
2+ mon, 3+ week ago (696+ words) The wholesale price of most vegetables that had been fluctuating on the higher side has slightly cooled within a month, following the late arrival of seasonal produce and improved production. However, although a month-on-month comparison of prices at the Kalimati…...