Economy News - Page 26
From Local Snacks to Global Empires: The Unstoppable Rise of Nepal’s Multi-Billion Rupee Noodle Industry!
Nepal has emerged as the world's fourth-largest per-capita consumer of instant noodles, transforming a simple snack into a dominant economic force that supports over 100,000 jobs.
Gold and Silver Prices Skyrocket as Market Witnesses Another Massive Surge!
Precious metal prices continue their upward trend in Nepal, with gold rising by Rs 1,800 and silver by Rs 100 per tola on Thursday.
Power Crisis Looming? Nepal's Mighty Energy Regulator Paralyzed as Government Purges Top Leadership!
Nepal's Electricity Regulatory Commission has been left leaderless following a government ordinance that removed all its officials, halting critical processes like IPO approvals and tariff adjustments.
Traffic Finally Resumes on BP Highway After 3-Day Shutdown, But Authorities Warn of Imminent Danger
The BP Highway has reopened through a temporary diversion after being blocked for three days by floods, though officials warn of continued risks due to ongoing rainfall.
Gold Prices Take a Hit! Market Watch as Silver Defies Trend with Sudden Hike
Gold prices in Nepal decreased by Rs. 300 per tola today, while silver prices saw a modest increase of Rs. 20 per tola.
PM Balendra Shah’s Bold Housing Vow: Permanent Homes and Digital Verification for Every Landless Citizen
Prime Minister Balendra Shah has announced a nationwide initiative to identify genuine landless citizens and provide them with safe, permanent housing. The plan includes relocating those in high-risk areas and using digital data to resolve long-standing land issues.
30,000 MW Dream at Risk? Nepal’s Energy Sector Paralyzed by Policy Limbo One Month Into New Government
Despite promises of economic prosperity, the new government's first month has failed to resolve deep-seated issues in Nepal's energy sector, including PPA stagnation and infrastructure delays.
‘A Critical Turning Point’: FNCCI President Issues Urgent Call for Economic Transformation to Halt Youth Exodus
FNCCI President Chandra Prasad Dhakal has urged the government and private sector to collaborate on building a self-reliant economy during the organization's 60th Annual General Meeting.
EV Explosion in Nepal: Three Game-Changing Factors Fueling the Massive Shift to Electric Vehicles
Electric vehicle adoption is surging in Nepal due to favorable government tax policies, high bank financing limits, and rising petroleum costs. With imports nearly doubling and infrastructure expanding, the country is rapidly transitioning toward a sustainable electric mobility future.
Digital Crackdown: Nepal Launches High-Tech System to Expose Fake Squatters Nationwide
The Ministry of Land Management has initiated a digital verification process to identify genuine landless squatters and filter out fraudulent claimants using national property records.
Gold Prices Tumble by Rs 1,000 in a Single Day; Here’s the Latest Market Rate!
The price of gold in Nepal has decreased by Rs. 1,000 per tola today, while silver prices saw a moderate increase.
Prosperity Under Threat? Private Sector Leaders Warn Economic Goals Unreachable Without Stability and Respect
Leaders from Nepal's top business organizations have urged the government to prioritize policy stability and legal reforms to boost investor confidence. They argued that achieving significant economic growth is impossible without a strong partnership between the state and the private sector.