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PM looks to private sector to lift economy

Kathmandu, July 9 -- Prime Minister Balendra Shah has begun formal consultations with the private sector after completing the first 100 days in office, signalling a shift towards broader engagement wi... Read More


Seven sectors shrink in third quarter, dimming hopes of economic rebound

Kathmandu, July 7 -- The National Statistics Office says weak government spending, sluggish production and lower imports of machinery and construction materials have slowed economic activity, with ann... Read More


Three credit booms in three decades ended in economic downturn

Kathmandu, July 6 -- Over the last three decades, Nepal's financial landscape has been severely rattled by three distinct episodes of unnatural loan expansion, popularly known as 'credit booms'. Acco... Read More


In 100 days, finance minister unable to give fillip to the economy, restore private sector confidence

Kathmandu, July 4 -- Finance Minister Swarnim Wagle took office on March 27, 2026, pledging to prioritise economic reform, create a more business-friendly environment and pursue legal and regulatory c... Read More


Priority lending is dragging down Nepali banks into huge bad debt

Kathmandu, July 3 -- Loans extended by banks and financial institutions to sectors where the Nepal Rastra Bank (NRB) requires mandatory lending have emerged as some of the biggest sources of non-perfo... Read More


Ajeya Raj Sumargi's passport suspended as Nepal reopens money laundering probe

Kathmandu, June 26 -- Nepal's authorities have frozen the passport of businessman Ajeya Raj Sumargi after launching a fresh investigation into alleged money laundering and the origins of billions of r... Read More


RSP outlines liberal welfare-state model, social market economy at first convention

Chitwan, June 24 -- The ruling Rastriya Swatantra Party has adopted a core policy of building a welfare state with a liberal economy. The party said it believes in a liberal economy with social justi... Read More


UML vice-chair Bishnu Paudel arrested in money laundering probe linked to Bhatta case

Kathmandu, June 22 -- UML vice-chair and former finance minister Bishnu Paudel was arrested on Monday in connection with an ongoing money laundering investigation. The Department of Money Laundering I... Read More


Why Nepal's private sector is choosing safety over growth

Kathmandu, June 21 -- making is generally the fundamental objective of any private enterprise, but for many entrepreneurs in Nepal now, safeguarding themselves, their investments and their businesses ... Read More


Only one-third of September protest damage claims settled after nine months

Kathmandu, June 18 -- Insurance companies have settled only around one-third of the Rs23.53 billion in claims filed for property damage caused during the Gen Z protests on September 8 and 9, 2025, nin... Read More