Business

Nepal’s economy will grow by 3.9 per cent: ADB
By A Staff Reporter,Kathmandu, Sept. 26: The Asian Development Bank (ADB) has forecasted that Nepal’s economy would grow by 4.9 per cent in the current Fiscal Year 2024/25, up from an estimated growth of 3.9 per cent in FY 2023/24. This projection is down by about one-third of the government projection for economic growth. Deputy...
Bajura farmers sell apples worth over Rs. 10 mn
Bajura, Sept. 23: Farmers of Swamikartik Khapar Rural Municipality in the north-east part of the district have earned more than Rs. 10 million by selling apples this year. Out of 2,400 households in Swamikartik Khapar Rural Municipality, 1,800 households have earned more than Rs. 10 million by selling apples this year. Uttam Shahi, a farmer...
Nepal’s vegetables being exported to Qatar
Kathmandu, Sept 12: Export of Nepal-grown vegetables to Qatar commenced from today. Around 2,000 kilogrammes vegetables produced within Dakshinkali Municipality of Kathmandu was supplied to Qatar in the first phase under the Agriculture Programme with support from China Foundation for Rural Development (CFRD) Nepal Office, said Mohan Basnet, Mayor of Dakshinkali Municipality. “We handed over...
PM appeals airlines to sell air tickets at concessional rates
KATHMANDU: Prime Minister KP Sharma Oli has requested the airline companies to sell air tickets at a discounted price or at the same rate as before. Due to the increase in the number of air passengers, the airline companies were heavily criticized by the public when they charged higher fare than before without any genuine...
Hyundai Motor hits major milestone with 100 million vehicles produced globally
KATHMANDU: Hyundai Motor Company, on Monday, celebrated a significant milestone, marking 100 million units of global cumulative production. This achievement was accomplished in just 57 years since the company’s foundation, making it one of the fastest in the global automotive industry. In honor of this milestone, Hyundai Motor held a ceremony at its Ulsan Plant...
Mustang campaigns to curb potato import
The Potato Zone Development Program has been introduced in Mustang for the current fiscal year. The Ministry of Agriculture and Livestock Development implemented this program in Mustang for the fiscal year 2024/25, aiming to increase potato production and productivity, reduce imports, and support food security. Netra Prasad Bhatta, head of the project implementation unit in...
Youths hold the power to effect positive change and make a lasting impact
Suryansh Vaidya is a business leader serving as the director at Vaidya’s Organization of Industries and Trading Houses (VOITH), the CEO at Vaidya Energy, and the founder of Pitstop Incorporated. A graduate of Bentley University, he holds a degree in Business Management with a concentration in entrepreneurship. Vaidya Energy is a sole distributor of Ather...