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ECONOMY

Govt plans to generate an additional 1,040 MW of electricity...

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The government has estimated to generate an additional 1,040 MW of electricity in the next Fiscal Year (FY), taking the country’s total installed capacity to 5,535 MW.
1 day ago
ECONOMY

Nepali delegation holds investment talk in China

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During the meeting, participants exchanged views on the development of small, medium and large industries, ways to attract foreign investment, and expanding bilateral cooperation. This was shared by Shova Gyawali, former president of the Federation of Women Entrepreneurs Association of Nepal and fou...
1 day ago
ECONOMY

11,262 projects registered in Karnali Province Project Bank

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It has been reported that 2,062 projects under the Ministry of Physical Infrastructure and Urban Development have been entered in those plans.
1 day ago
ECONOMY

NEPSE welcomes budget 2026/27 on negative note, index plunge...

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Nepal Stock Exchange (NEPSE) plunged 26.72 points on Sunday, the first trading day after the announcement of budget for Fiscal Year (FY) 2026/27, to close at 2,755.37 points.
1 day ago
ECONOMY

PM Shah pledges VAT revenue on electricity for infrastructur...

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The government’s budget for Fiscal Year 2026/27 introduced a five percent VAT on electricity use exceeding 50 units per month, sparking widespread criticism.
1 day ago
ECONOMY

3 pc VAT on private schools’ fees earmarked for inclusive ed...

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Finance Minister Swarnim Wagle has urged that the proposed three percent contributions in the fees charged by private schools must not be considered as an additional burden on the middle class, as the funds will be aimed for promoting an ‘equity fund.’
2 days ago
ECONOMY

Gold price jumps by Rs 20,500 per tola as govt doubles custo...

Gold price
The new customs duty provision on gold introduced in the budget for the Fiscal Year (FY) 2026/27 has triggered the price of the precious metal massively on Sunday, with an unprecedented single-day jump in gold price by Rs 20,500 per tola.
2 days ago
ECONOMY

FinMin Wagle claims “extraordinary effort” in new budget to...

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Speaking at a press briefing at the Ministry of Finance on Sunday, Wagle said efforts have been made to address what he described as a 40-year-long narrative that budget execution remains weak.
2 days ago
ECONOMY

Tax hikes contradict govt’s plan to increase domestic power...

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The government has been reiterating its commitment time and again to facilitate domestic electric consumption to prevent wastage of the produced electricity.
3 days ago
ECONOMY

UNP Chairperson Ghising criticizes govt’s decision to slap 5...

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Chairman of Ujyalo Nepal Party Kulman Ghising urged the government to immediately revoke its decision to slap 5 percent value added tax (VAT) on the consumption of electricity by the general public.
3 days ago