Dilip Paudel

KATHMANDU, Aug 11: China has shown interest in investing in a chemical fertilizer factory in Nepal. Despite discussions over nearly four decades, the project has not yet come to fruition. However, Chinese Ambassador to Nepal, Chen Song, has stated that the Chinese government is ready to help Nepal b...

KATHMANDU, Aug 5: Despite no significant increase in government revenue, social security allowances have surged nearly 11-fold over the past decade.

KATHMANDU, July 31: As the government has failed to make up for its exorbitant spending by the slow revenue collection, the country is facing an ever increasing burden of public debt in recent years.

KATHMANDU, July 28: Nepal Oil Corporation (NOC) is constructing a 3.6 million liter (3600 kiloliter) aviation fuel storage tank at Pokhara Regional International Airport (PRIA).

KATHMANDU, July 11: While the budget for the country’s development falls short, the government has failed to spend even the allocated funds, with one week remaining in the current  fiscal year.

KATHMANDU, July 2: While the burden of public debt is rising, the main opposition party, the Nepali Congress (NC), has said that loans will not be accepted for projects under the international program of China's Belt and Road Initiative (BRI).

KATHMANDU, June 24: Nepal's trade deficit has soared to Rs 1.3 trillion, largely due to heavy reliance on foreign imports, even for goods that could be produced domestically. In the 11 months of the current fiscal year, imports amounted to Rs 1.454 trillion, while exports stood at only Rs 139.26 bil...

KATHMANDU, June 5: Amid a shortage of resources for national development, the government has failed to secure the anticipated grants from foreign donors. In the current fiscal year 2023/24, the government had set a target of receiving Rs 49.943 billion in foreign grants but has managed to receive on...

KATHMANDU, May 25: The Department of Money Laundering Investigation (DoMLI) has prepared a case against Kedarnath Sharma, the chairman of Shiva Shikhar Multi-Purpose Cooperative, for allegedly misappropriating over Rs 33 billion of public deposits from various cooperatives.

KATHMANDU, May 8: The government has amended the law related to food, imposing up to five years of imprisonment for the production and sale of non-edible products that pose a threat to human health.