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Nepal witnesses surge in EV imports, expenditure reaches Rs 11.23 billion

KATHMANDU: In a notable trend, Nepal has imported a total of 3,870 electric vehicles (EVs) during the first 11 months of the current fiscal year. According to the Department of Customs (DoC), this import endeavor incurred an expenditure of Rs 11.23 billion from mid-July 2022 to mid-June 2023. As...

Nepal witnesses surge in EV imports, expenditure reaches Rs 11.23 billion
Canada will require Google and Meta to pay media outlets for news under bill set to become law

Canada will require Google and Meta to pay media outlets for news under bill set to become law

Himalayan glaciers melting 65 percent faster than previous decade: Study

Himalayan glaciers melting 65 percent faster than previous decade: Study

Central bank implements measures to address economic slowdown

Central bank implements measures to address economic slowdown

Hospitality associations of Nepal and Bangladesh sign landmark MoU to boost tourism

Hospitality associations of Nepal and Bangladesh sign landmark MoU to boost tourism

Govt allocates Rs 17.35 bn for lawmaker-initiated projects amidst financial strain

Govt allocates Rs 17.35 bn for lawmaker-initiated projects amidst financial strain

CAAN announces reduced airfares following decline in petroleum prices

CAAN announces reduced airfares following decline in petroleum prices

Former IRD Chief Chudamani Sharma sentenced to 9 years in prison, Rs 6bn cash penalty imposed

Former IRD Chief Chudamani Sharma sentenced to 9 years in prison, Rs 6bn cash penalty imposed

IMF working on global central bank digital currency platform

IMF working on global central bank digital currency platform

Nepali parliamentarians demand strong regulation of AI and social media

Nepali parliamentarians demand strong regulation of AI and social media

IndiGo orders 500 Airbus A320 family aircraft worth $50 billion

IndiGo orders 500 Airbus A320 family aircraft worth $50 billion

France’s aviation authority to help enhance Nepal’s air safety

France’s aviation authority to help enhance Nepal’s air safety

CDS and Clearing alerts IPO applicants

CDS and Clearing alerts IPO applicants

Bangladesh formally applies for BRICS membership

Bangladesh formally applies for BRICS membership

Rs 500 million worth of infrastructures destroyed in flooding, landslides in eastern hill districts

Rs 500 million worth of infrastructures destroyed in flooding, landslides in eastern hill districts

At this time, electricity export to India is not the cause of the frequent power outages: Ghising

At this time, electricity export to India is not the cause of the frequent power outages: Ghising

Govt only succeeded in spending 40% of the budget designated for capital expenditures

Govt only succeeded in spending 40% of the budget designated for capital expenditures

Central bank to exercise caution when formulating upcoming Monetary Policy – Former governors

Central bank to exercise caution when formulating upcoming Monetary Policy – Former governors

Nepal begins to export 300 MW of electricity to India every day

Nepal begins to export 300 MW of electricity to India every day

WB report recommends reforms to strengthen fiscal federalism in Nepal

WB report recommends reforms to strengthen fiscal federalism in Nepal

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