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News
Nepal’s trade deficit rises 24.88% despite a surge in exports by 61.72%
5+ hour, 5+ min ago (583+ words) KATHMANDU, Aug 22: Nepal’s foreign trade saw a significant improvement in exports in the first month of the current fiscal year (FY 2026/27), although the trade deficit widened due to the continued rise in volume of imports. According to data released by…...
Five hikes in a month: Egg prices climb Rs 15 as production falls short of demand
1+ day, 16+ hour ago (231+ words) KATHMANDU, Aug 20: Egg prices have climbed again, with producers raising the rate by Rs 15 per crate, marking the second increase in a week and the fifth in a month. The Nepal Layers Poultry Farmers Association (NLPFA) announced a new support…...
KOICA launches K-Connect initiative to strengthen Nepal’s entrepreneurship ecosystem
2+ week, 1+ day ago (226+ words) Ambassador of the Republic of Korea to Nepal, Park Tae-Young, attended the event as the chief guest. Joint Secretary Hem Raj Tamang from the Ministry of Youth, Labour and Employment and Joint Secretary Navaraj Dhakal from the Office of the…...
FinMin Dr Wagle pushes NRB Act amendment to boost central bank accountability
2+ week, 3+ day ago (421+ words) KATHMANDU, Aug 4: Finance Minister Dr Swarnim Wagle has said that it is necessary to amend the act to make the Nepal Rastra Bank more proactive and accountable. Addressing to the meeting of the Finance Committee under the House of Representatives…...
AI keeps consumer prices high due to chip crunch
2+ week, 5+ day ago (732+ words) HONG KONG, Aug 3: Print-outs of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer shop, offering an explanation to confused customers feeling the pinch. Price rises for goods such as laptops…...
Bank of England warns on inflation after freezing rate
3+ week, 1+ day ago (462+ words) LONDON, July 31: The Bank of England on Thursday warned that UK inflation was set to rise again as the US-Iran war keeps energy prices elevated. Despite the inflation outlook, the BoE opted against raising its benchmark rate at a regular…...
Nepal’s trade deficit soars 16.6% to Rs 1.78 trillion
4+ week, 1+ day ago (328+ words) KATHMANDU, July 24: Nepal’s trade deficit widened sharply by 16.63 percent in fiscal year (FY) 2025/26, reaching Rs 1.781 trillion, as import expenses surged far ahead of export earnings, according to the annual report of the Department of Customs (DoC). The deficit stood at…...
Debt Without Development
4+ week, 1+ day ago (620+ words) myRepublica Beyond Borders, Beyond News Nepal's public debt has reached Rs 2.974 trillion, equivalent to 45.07 percent of the country's gross domestic product (GDP). During the last fiscal year alone, the government added Rs 385 billion to its debt stock. Although it had…...
Nepal’s public debt climbs to Rs 2.974 trillion, 45.07% of GDP
4+ week, 2+ day ago (373+ words) KATHMANDU, July 23: Nepal’s public debt has surged to Rs 2.974 trillion in fiscal year (FY) 2025/26, equivalent to 45.07 percent of the country’s gross domestic product (GDP), according to the Public Debt Management Office (PDMO). The figure reflects an additional borrowing of Rs…...
UK inflation falls more than expected to 2.6% in June
4+ week, 2+ day ago (313+ words) LONDON, July 22: Britain's annual inflation rate fell more than expected in June, driven by lower fuel prices, official data showed Wednesday, in a boost to new Prime Minister Andy Burnham. The Consumer Prices Index rose by 2.6 percent in the 12 months…...