April 23, 2025, Wednesday

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Govt spending exceeds income by Rs 153.47 billion in second quarter

Govt spending exceeds income by Rs 153.47 billion in second quarter

The government’s expenditure has significantly surpassed its income by the second quarter of the current fiscal year 2024/25, according to data from the Office of the Financial Comptroller. The government’s total income by the end of Falgun (March 13) stood at Rs 738.82 billion, while expenditure soared to Rs 839.35 billion. This discrepancy has resulted…

Global IME Bank Awarded “Euromoney Awards for Excellence 2024” in two categories

Global IME Bank Awarded “Euromoney Awards for Excellence 2024” in two categories

Global IME Bank Limited has been honored with the Euromoney Awards for Excellence 2024, being recognized as Nepal’s Best Bank 2024 and Nepal’s Best Bank for ESG (Environmental, Social & Governance) among Nepali Banks and Financial Institutions (BFIs). Bank Chairman Chandra Prasad Dhakal and Chief Executive Officer Surendra Raj Regmi received the awards during a…

  • Nepali shoes replacing foreign brand shoes

    Nepali shoes replacing foreign brand shoes

    The Nepali footwear industry is an amalgamation of various styles, designs and price points. From the sturdy sports shoes, the comfortable sandals/ slippers to the elegant leather, it truly is an industry that caters to all tastes. Shoes with outer...

  • Nepal Struggles to Meet 1.6 Million Tourist Target for 2024

    Nepal Struggles to Meet 1.6 Million Tourist Target for 2024

    Prabesh Yadav Kathmandu, Nepal - Nepal faces a significant challenge in meeting its ambitious target of 1.6 million tourists for 2024. Despite a strong start, with 583,016 tourists arriving from January to June, the current monthly average of 96,169 falls...

  • Remote Work Revolution: Transforming Nepal’s Work Culture

    Remote Work Revolution: Transforming Nepal’s Work Culture

    Yashoda Ayer The dramatic shift towards virtual employment in Nepal is having far-reaching effects on the country's labor market and economy, mirroring the global trend of remote work. The COVID-19 pandemic accelerated the adoption of remote work practices in Nepal...

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