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Remittances remain the lifeline for Nepal, inflation eases, trade deficit widens

KATHMANDU: Nepal’s economy posted a modest recovery in fiscal year 2024/25 with an estimated growth rate of 4.61 percent, up from 3.67 percent in the previous year, according to the Nepal Rastra Bank’s (NRB) annual Current Macroeconomic and Financial Situation report. The growth was largely driven by improvements in...

Remittances remain the lifeline for Nepal, inflation eases, trade deficit widens
Nepal’s banks end Asar on a stronger footing: deposits top NPR 7.3T, lending nears NPR 5.6T, rates ease

Nepal’s banks end Asar on a stronger footing: deposits top NPR 7.3T, lending nears NPR 5.6T, rates ease

Nepal’s foreign trade in first month of FY 2025-26 surges, exports up by 95.75pc

Nepal’s foreign trade in first month of FY 2025-26 surges, exports up by 95.75pc

Non-life insurers invest over Rs 66.23 bn in FY 2081/82, Siddhartha Premier tops the chart

Non-life insurers invest over Rs 66.23 bn in FY 2081/82, Siddhartha Premier tops the chart

Nepal secures India’s consent to export additional 80 MW power, Total export reaches 1,130 MW

Nepal secures India’s consent to export additional 80 MW power, Total export reaches 1,130 MW

Nepal endorses first ever National AI Policy amid concerns over readiness and regulation

Nepal endorses first ever National AI Policy amid concerns over readiness and regulation

Nepal’s Land Bill clears parliamentary committee despite opposition warnings of land commercialization

Nepal’s Land Bill clears parliamentary committee despite opposition warnings of land commercialization

Kathmandu’s public land encroached by landless settlers and VIPs: Over 100,000 ropanis under illegal occupation

Kathmandu’s public land encroached by landless settlers and VIPs: Over 100,000 ropanis under illegal occupation

Commercial banks allocate Rs 38 bn in taxes, Kumari Bank leads with record growth

Commercial banks allocate Rs 38 bn in taxes, Kumari Bank leads with record growth

Congress-UML mimic Pakistani-Style regime, Ignore economy as Nepal crumbles under political revenge

Congress-UML mimic Pakistani-Style regime, Ignore economy as Nepal crumbles under political revenge

Buddha, Yeti and Shree Airlines cross Rs 21.55 bn in annual business as domestic aviation booms

Buddha, Yeti and Shree Airlines cross Rs 21.55 bn in annual business as domestic aviation booms

NRB directs banks to submit uniform LFAR reports, Warns of action for non-compliance

NRB directs banks to submit uniform LFAR reports, Warns of action for non-compliance

Nepal declared Rubella-free by WHO, Becomes 6th country in South-East Asia to eliminate disease

Nepal declared Rubella-free by WHO, Becomes 6th country in South-East Asia to eliminate disease

Finance minister to lead alternative development finance fund as house panel widens scope

Finance minister to lead alternative development finance fund as house panel widens scope

High-level governance reform commission talks dismissal and merger of redundant public institutions

High-level governance reform commission talks dismissal and merger of redundant public institutions

Energy Minister Khadka openly challenges CIAA over Rs 8 bn billing scandal, ‘We created the CIAA’

Energy Minister Khadka openly challenges CIAA over Rs 8 bn billing scandal, ‘We created the CIAA’

Nepal issues first-ever IVF and Infertility Treatment Standards, age limit set for semen and egg donors

Nepal issues first-ever IVF and Infertility Treatment Standards, age limit set for semen and egg donors

NEA profit plunges by 37.32pc after Kulman’s exit; Authority faces backlash under Hitendra Dev

NEA profit plunges by 37.32pc after Kulman’s exit; Authority faces backlash under Hitendra Dev

Commercial banks further slash interest rates in Bhadra; Institutional rates drop to 2.75 percent

Commercial banks further slash interest rates in Bhadra; Institutional rates drop to 2.75 percent

Nepal’s commercial banks earn Rs 71.51 bn profit in FY 2081/82: Strong rebound but uneven performance across sector

Nepal’s commercial banks earn Rs 71.51 bn profit in FY 2081/82: Strong rebound but uneven performance across sector

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National Human Rights Commission recommends action against Oli, Lekhak, Gurung over alleged human rights violations

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