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CNI unveils plan to build $100 billion economy within 10 years through industrial growth and legal reforms
Confederation of Nepalese Industries President Birendra Raj Pandey has announced an ambitious target to expand the country’s economy to $100 billion within the next decade. He said industrial production, export promotion and removal of legal obstacle...
Nepal Rastra Bank sets foreign exchange rates for today
Nepal Rastra Bank has fixed the foreign exchange rates for today, with the buying rate of one US dollar set at Rs 144.72 and the selling rate at Rs 145.32. According to the determined rates, one euro has a buying rate of Rs 171.61 and a selling rate ...
Unequal access to information affecting economy, says Finance Minister Khanal
Finance Minister Rameshwar Khanal has said timely and accurate information flow is essential for the economy to function properly, warning that unequal access to information has created significant imbalances in markets. Speaking at a programme in th...
Government spending reaches 40 percent by midyear as capital expenditure lags
Government revenue and expenditure both remained weak during the first seven months of fiscal year 2082/83, with overall spending reaching about 40 percent and development expenditure limited to around 15 percent by the end of Magh, according to the ...
Gold and silver prices decline in domestic market
Gold prices fell in the domestic market on Friday, the first trading day of the month of Falgun. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold has dropped by Rs 3,000. Gold, which was traded at Rs 306,50...