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Y-o-Y Consumer Price Inflation surges in Ktm Valley and Mountain region: NRB

KATHMANDU, Nov 15: The year-on-year (y-o-y) consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region surged to 10.23 percent, 5.66 percent, 7.38 percent and 10.24 percent respectively, the Nepal Rastra Bank (NRB) stated in its Current Macroeconomic and Financial Situation of Nepal Report based on three months data ending Mid-October, 2023/24. ....

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Merchandise export declines in eight months of FY 2022/23

KATHMANDU, April 12: During the first eight months of Fiscal Year 2022/23, merchandise exports decreased 29.1 percent to Rs 104.80 billion against an increase of 82.9 percent in the same period of the previous year. ....

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NEPALESE ECONOMY Slow Growth | New Spotlight Magazine

Two major multinational bodies' most recent growth estimates According to the World Bank and the Asian Development Bank, Nepal's GDP growth will most likely be about 4%. Although both organizations anticipated 4.4 percent GDP growth, Nepal's overhang is likely to worsen in the next months given the current health of the economy. ....

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COVID-19: Nepal to suspend international flights starting midnight, travelers rush to exit

COVID-19: Nepal to suspend international flights starting midnight, travelers rush to exit
ANI |
Updated: May 06, 2021 10:44 IST
By Binod Prasad Adhikari
Kathmandu [Nepal], May 6 (ANI): Nepal is set to suspend international flights from midnight on May 6 due to a surge in COVID-19 cases. The international terminal of Nepal s Tribhuwan International Airport on Wednesday afternoon remained packed with travelers who wanted to fly out before the airport is closed.
On Sunday, a cabinet meeting had decided to stop international flights amid surging cases of COVID-19 in the Himalayan nation.
I actually had my bookings for 12th of this month, the decision by the government to close the airport has prompted me to take the flight for today (5th May). Some flights of others also might have got cancelled due to various reasons. I am happy that I got to get out early without much hassle, Suraj Chaulagain, one of the travelers who ....

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