May 26, 2026, Tuesday

Economy

Parliamentary committee’s advice to industrialists: If the Finance Minister does not respond, take to the streets

Bimal Prasad Srivastava, chairman of Parliament’s Industry and Commerce and Labor and Consumer Welfare Committee, visited the GI wire and sanitary pad industries which were closed due to unequal taxation. In the discussion program held after the visit, Chairman Srivastava said that he would direct the finance minister again to correct the discriminatory tax rate….

Swastik Rolling Industry began commercial production

Swastik Rolling Industry established in Morang Industrial Corridor has started commercial production. This mill, which is the main investment of Golcha Organization, has started its production at Duhavi in ​​Morang. Ramesh Rathi, the owner of the industry, said that the commercial production of Swastik has started. Commercial production has been started with fixed investment of…

  • One year earnings of Jagdamba Steel 14 billion

    Jagdamba Enterprises, which claims to be the number one steel company in Nepal, has earned more than 14 billion in one year. Jagdamba Enterprises has reported an operating income of 14 billion 26 million rupees in 2021. This is a...

  • The profit of Nepal Electricity Authority is 16.9 billion

    Nepal Electricity Authority has greatly increased the profit in the last financial year 2078/79. Due to the control of electricity leakage and increase in electricity consumption, the profit of the authority has reached 16.9 billion rupees. According to the unrefined...

  • Double gas import, use reduction policy fails

    Double gas import, use reduction policy fails

    Kathmandu. Although the government aims to reduce the import of cooking gas by increasing the production of electricity through the budget, the import has almost doubled in one year. Due to the increase in gas demand in the market, the...

  • Gyawali appointed as the chairman of Nepal Bank

    Ganga Prasad Gyawali has been appointed as the Chairman of Nepal Bank Limited. He was appointed as a director on behalf of the Government of Nepal, Ministry of Finance. Gyawali was appointed as the chairman by the meeting of the...

  • vivo Y15C Debuts in Nepal  

    vivo, the leading global smartphone brand today announced the launch of the newest member in the Y series, vivo Y15C in Nepal. With the launch of the Y15C, vivo furthers its vision of catering to the youth with ‘feature-rich smartphones’...

  • Udaipur Cement closed due to lack of electricity

    Laxman Prasad Pokhrel, information officer of the industry in Triyuga Municipality of Udayapur, said that the industry, which has a production capacity of 850 metric tonnes of cement per day, had to bear a loss of Rs 1 million daily....