Economy News - Page 29
Transport Entrepreneurs Demand Fare Adjustment Following Fuel Price Hike
The Federation of Nepalese Transport Entrepreneurs (FNTE) has issued an ultimatum to the government: either implement a "scientific fare adjustment" or withdraw the recent hike in petroleum prices.
Reform and Service Delivery are Top Priorities: Finance Minister
Finance Minister Dr. Swarnim Wagle announced that the government is prioritizing digital service delivery and large-scale economic reforms, including the repeal of outdated laws to modernize the economy.
Rs 450 Million Distributed to Farmers in Nawalparasi Purba
Around Rs 450 million in agricultural grants were distributed to 951 farmers in Nawalparasi Purba over five years.
Nepal’s Capital Spending Falls to 23.58% in Nine Months
Nepal’s capital expenditure remains weak at just 23.58%, despite overall budget utilization reaching nearly 54%.
Gold Surges to Rs. 299,800 per Tola; Silver Also Rises
Gold prices jumped by Rs. 3,100 per tola in Nepal, reaching Rs. 299,800, while silver increased by Rs. 165.