News
Green economy, forest industries in priority
2+ hour, 35+ min ago (434+ words) By A Staff Reporter, Kathmandu, May 30: The government has allocated Rs. 12. 31 billion for the forest, environment and climate sector for the upcoming fiscal year 2026/27. Unveiling the budget, Minister for Finance Dr. Swarnim Wagle, said that forests and natural resources will…...
Increase in excise duty on cigarettes, alcohol
4+ hour, 10+ min ago (433+ words) Kathmandu, May 30: The government has increased excise duties on cigarettes, alcohol and beer through the budget for the upcoming fiscal year. Presenting the budget for fiscal year 2026/27 in Parliament on Friday, Finance Minister Dr. Swarnim Wagle announced an increase of…...
Visitors to be offered 'bamboo-made gift"
2+ day, 2+ hour ago (412+ words) By Amar Raj Naharki, Tanahun, May 28: The local Bhujel community will now be serving modern 'boutique' gift made from bamboo for tourists visiting Bandipur, a major tourist destination in Tanahun. The residents of Bhujel village in Bandipur Rural Municipality-5, who…...
Tax Hike To Deter Smokers
4+ day, 4+ hour ago (433+ words) The Rising Nepal Tax Hike To Deter Smokers Globally, over 8 million people die from the consumption of tobacco products each year, of which 7 million succumb to them from first-hand consumption, while 1. 2 million from second-hand smoke exposure. According to data from…...
Public debt rises by Rs. 300 B in 10 months of current fiscal
5+ day, 5+ hour ago (572+ words) By A Staff Reporter, Kathmandu, May 25: Nepal's public debt increased by over Rs. 300 billion by mid-May of the current fiscal year 2025//26. According to the Public Debt Management Office under the Ministry of Finance, total public debt reached Rs. 2, 975. 04 billion by…...
Industry Minister for reviving Hetauda textile industry
6+ day, 22+ hour ago (190+ words) Hetauda, May 23: Minister for Industry, Commerce and Supply Minister Gauri Kumari Yadav, has said that necessary homework is being carried out to revive the Hetauda textile industry, which remains non-functional for an extended period." " " During her inspection of the Hetauda…...
Trade volume totals Rs. 1941 billion
1+ week, 2+ hour ago (664+ words) Kathmandu, May 23: Nepal's foreign trade recorded strong growth during the first 10 months of the current fiscal year 2025/26, with both imports and exports rising by over 14 per cent compared to the same period last fiscal year." However, the country's trade deficit…...
Mideast war cuts eurozone growth outlook
1+ week, 1+ day ago (555+ words) Brussels, May 22: The eurozone economy will expand less than expected this year, the EU said Thursday, as the Middle East war and subsequent energy shock take their toll. The European Commission said the single currency area's economy is expected to…...
Madhes Province's economic growth rate to be limited to 13. 1 per cent
1+ week, 1+ day ago (232+ words) Janakpur, May 21: The economic growth rate in Madhes Province is projected to remain weak in the current fiscal year due to relatively low contribution of paddy, fishery and forestry sectors, in addition to the negative growth in the agriculture sector....
Fuel import bill jumps to Rs. 212 B
1+ week, 3+ day ago (607+ words) Kathmandu, Apr. 24: Nepal has witnessed a sharp rise in fuel import expenditure over the past month, driven by escalating international petroleum prices linked to tensions in the Middle East. According to the latest data released by the Department of Customs,…...