Government issuing debentures worth Rs 10 billion, again
This fiscal year (2023/24) the government has announced an expenditure plan (budget) of Rs 1.75 trillion, among which it will raise Rs 1.24 trillion in …
51 EV charging stations installed amid growing demand for four-wheeler EVs
The Nepal Electricity Authority (NEA) launched 51 electric vehicle charging stations across the country this Wednesday. Fifty-one charging stations are installed across major highways, at …
SEBON’s new amendment paves way for issuing ‘green bonds’. What is a green bond?
The Securities Board of Nepal (SEBON) has revised its Initial Public Offering (IPO) regulations through the seventh amendment to the regulations on securities registration and …
NRB introduces stringent directives for non-performing loan categorisation
The central bank has introduced stringent rules to minimise credit risk and ensure a sound financial system. Any non-performing loans (NPLs) can be recategorised under …
Indian cabinet approves 10-year power purchase agreement with Nepal
The Indian cabinet has approved an agreement to purchase 10,000 MW of electricity from Nepal in the next 10 years. Nepals ambassador to India, Dr. …
JUICE: Exploring Jupiter and its enigmatic moons
In recent interplanetary missions, Indias space missions are on the news. First, Indias recent triumph in landing a probe near the lunar south pole. Now, …
763 monsoon disaster incidents claim 73 lives, damage 113 public projects and properties
Monsoon-induced disasters wreaked havoc in the country in the past few months, according to the stats of the National Disaster Risk Reduction and Management Authority …
A new 5-year trade strategy comes into effect with an expanded list of 32 products
On 17 July 2023, the Ministry of Industries, Commerce, and Supplies (MoICS) introduced its fourth trade development strategy Nepal Trade Integration Strategy 2023 (NTIS 2023) …
State-of-art cyber bureau building under the assistance of Korean government underway
Korea International Cooperation Agency (KOICA), the South Korean governmental agency for Official Development Assistance (ODA) is assisting Nepal to build a state-of-art cyber bureau building …
Foreign trade sees a decline in the first month of FY 2023/24
Foreign trade declined by 2.28% in the first month of the current fiscal year 2023/24, as compared to the first month of the previous fiscal …
Kathmandu-Terai/Madhes Fast Track sees one-fourth of progress in six years
The KathmanduTerai/Madhes Fast Track project, a national pride mega highway project that will connect the Capital city to Nijgadh of Bara district in Madhes Province, …
The era of global boiling has arrived
The era of global warming has ended and the era of global boiling has arrived, said the UN Secretary-General Antnio Guterres after scientists concluded that …
