Published On: March 13, 2024 07:30 AM NPT By: Republica
Nepal and Bangladesh have reached a landmark agreement on electricity tariffs, paving the way for enhanced cooperation and mutual benefit. The agreement, signed during a World Bank program in Singapore in the presence of the energy secretaries of the two countries, signifies a positive step forward in the bilateral relations between the two neighboring countries.
Published On: March 12, 2024 07:30 AM NPT By: Republica
Nepal continues seeing an unprecedented surge in remittances, a vital part of the country's economy. Nepal received Rs 839 billion in remittance in the first seven months of the current fiscal year 2023/24. This amount is 21.6% more than that of the first seven months of the previous fiscal year. While the immediate financial benefits of this influx are undeniable, it's crucial to emphasize the necessity for long-term economic sustainability too.
Published On: March 11, 2024 07:26 AM NPT By: Republica
In Nepal, women are often seen in the forefront when it comes to organ donation. Our society has been blessed with this noble presence of women. But recently, this situation appears to be changing as men have also started stepping in this field, although, of course, the number is still relatively small.
Published On: March 9, 2024 07:30 AM NPT By: Republica
Amidst the backdrop of recent political developments in the country, Finance Minister Barshaman Pun's assurance on Thursday that the planned Nepal Investment Summit-2024 will remain unaffected is a welcome announcement and commitment for the larger interest of the country. The upcoming summit, scheduled for April 28-29 in Kathmandu, holds huge significance, with the government preparing to finalize agreements for four groundbreaking projects totaling Rs 301.18 billion.
Published On: March 7, 2024 07:15 AM NPT By: Republica
It is concerning to learn that dairy industries across Nepal are struggling to sell the milk produced by farmers as consumption has sharply decreased. Farmers’ representatives say that, although they supply 3.1 million liters of milk to the market daily, dairy industries sell only 2.8 million liters of milk.
Published On: March 6, 2024 07:30 AM NPT By: Republica
Nepal finds itself under the critical scrutiny of analysts and economists, who decry its inability to curtail unnecessary expenses in the wake of sluggish revenue collection. As the nation grapples with a soaring public debt, experts are urging the government to take austerity measures to safeguard public finances and foster sustainable economic growth.
Published On: March 5, 2024 07:32 AM NPT By: Republica
Prime Minister Pushpa Kamal Dahal on Monday reshuffled his coalition partners and appointed three new ministers, marking a significant shift in the political landscape of Nepal. Breaking away from the Nepali Congress (NC), the largest party in the House of Representatives, Prime Minister Dahal has forged a new alliance with the CPN-UML, the second-largest in the lower house-- along with Rastriya Swatantra Party and Janata Samajbadi Party.
Published On: March 4, 2024 07:30 AM NPT By: Republica
Nepal's growing cement industry is emerging as a beacon of hope for the nation's foreign trade, offering a promising avenue to address the widening trade deficit. The government's proactive implementation of effective policies has fueled a five-fold increase in cement exports in the fiscal year 2023/24, demonstrating a stark contrast to the previous year.
Published On: March 3, 2024 07:30 AM NPT By: Republica
As the clock ticks on the completion of our ambitious transmission line and road upgradation projects under the Millennium Challenge Account-Nepal (MCA-Nepal), the projects find themselves entangled in a web of delays, bureaucratic hurdles and legal disputes. With six months of the five-year project already elapsed, concerns mount over the MCA-Nepal’s ability to stay on course.
Published On: March 2, 2024 09:15 AM NPT By: Republica
In its first such confirmation, the government has conceded that Indians have been recruited by the Russian Army and positioned inside the Ukrainian border in land now under Russian control. The Ministry of External Affairs (MEA) says a “few” Indian nationals had signed up for support jobs, as military helpers and loaders, something the government actively discourages.