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ECONOMY

Remittance inflows soar 38.2% to Rs 2.12 trillion

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The latest Current Macroeconomic and Financial Situation of Nepal Report, released by the central bank on Monday, shows that remittances continue to be one of the country's strongest sources of foreign exchange earnings.
18 minutes ago
ECONOMY

Sudurpaschim govt fails to spend Rs 12.59 billion, 38% of an...

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The Sudurpaschim Provincial Government has failed to spend Rs 12.59 billion allocated for the fiscal year 2025/26, leaving 38 percent of its annual budget unused by the end of the fiscal year.
18 hours ago
ECONOMY

NEPSE hits eight months’ low as daily turnover escalates to...

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Nepal Stock Exchange (NEPSE) on Monday fell 30.60 points to close at 2,570.18 points, the lowest in the past eight months.
22 hours ago
ECONOMY

Karnali Province reports 61 % budget implementation

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Ratna Subedi, Chief of Province Controller of Treasury office, in the current fiscal 2025-26, the budget of Rs 33.19 billion was allocated to the province, while the utilisation amounted to Rs 20.57 billion. The remaining Rs 12.62 billion has been returned to the state's coffer. 
1 day ago
ECONOMY

Govt falls short on capital spending, treasury posts Rs 344...

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Government payment releases ended on July 9. By July 12, only Rs 181.59 billion, or 44.52 percent, of the Rs 407.88 billion allocated for capital expenditure had been spent.
1 day ago
ECONOMY, Republica Watch

Hydropower plants brace for production holiday, putting 900...

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Nepal’s hydropower sector has started witnessing an undeclared power generation holiday with around 900 MW of electricity likely to go into wastage this rainy season.
1 day ago
ECONOMY

Commercial banks record 19.62 percent rise in net profits in...

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Commercial banks of Nepal posted net profits totaling Rs 64.56 billion during the first 11 months of the current fiscal year (FY 2025/26), which was 19.62 percent more than the earnings that they secured in the same period of the previous fiscal year.
1 day ago
ECONOMY

Over 8,000 projects entered National Project Bank in budget...

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The National Planning Commission (NPC) has entered 8,310 projects in the National Project Bank (NPB) this year.
1 day ago
ECONOMY

Quality of DDC products improve, profit margin on rise after...

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Following the directives from the Office of the Prime Minister and Council of Ministers, the quality of raw milk collected by the state-owned Dairy Development Corporation (DDC) has now improved. The DDC has adhered to strict implementation of the required standards for improving the quality of raw...
1 day ago
ECONOMY

Task force formed to resolve budget issue in Madhesh

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In today's meeting of the Madhesh Provincial Assembly, Speaker Ramashish Yadav announced that a task force has been formed consisting of Provincial Assembly members Upendra Mahato, Hari Narayan Mahato, Jangilal Ray, Pramod Kumar Yadav, Sanjay Kumar Yadav, Bimala Ansari Tarun and Sarita Kumari Thakur...
1 day ago