The disruptions of fuel supply via the Straits of Hormuz have caused a global energy crisis. Countries like Nepal, which rely solely on imported petroleum products, have faced an unprecedented shortage. The prices of petrol, diesel and aviation fuel have skyrocketed, with knock-on effects on every sector of the economy. The Nepal government has taken a series of measures to mitigate the negative impacts on people's daily lives. A C
The capital market is a crucial financial ecosystem where individuals, companies, and governments trade long-term financial instruments to raise funds for investment. It allows investors to participate in a company’s growth and earn returns through dividends or capital appreciation. The stock market, as a major component of the capital market, provides liquidity to securities issued through the primary market by allowing investors
Pokhara, known as the nation's capital of tourism, is synonymous with scenic beauty. Its economy largely hinges on the flow of tourists who throng to relish its beautiful lakes and shiny mountains that line its northern border. The picturesque city hosts numerous lakes, including Phewa and Begnas. The Annapurna range standing nearby provides a breathtaking view from the city. However, illegally built structures that have encroached on the lake recently have become an eyesore, impacting its magnificence and ecological balance. In 2023, the Supreme Court ordered the removal of all structures within a 65-metre protected area from
Following the elections to the House of Representatives (HoR) on March 5, the Rastriya Swatantra Party (RSP) formed the new government with a near two-thirds majority in the Lower House. The RSP contest
With the convening of the newly elected House of Representatives (HoR), the parliamentary process has finally resumed, ending speculation over whether the constitution, derailed following the Gen Z Movem
Madhes Province is critical to Nepal in many ways. Known as the breadbasket of the nation, the province contributes over 20 per cent to the nation's total paddy production, over 25 per cent to total maize production, and over 75 per cent
Agriculture remains the primary source of livelihood for over 60 per cent of Nepal's population, yet it has not become the driver of prosperity. Its contribution to national GDP has declined to around 24 per cent, indicating inadequate policy intervention and insufficient investment in modernisation of the sector. Despite Nepal's diverse climate and fertile soils, successive governments have failed to provide proper incentives, leaving the agro sector stagnant and prompti
Prime Minister Balendra Shah has started holding meetings with lawmakers elected from different provinces. The consultations between Prime Minister Shah and lawmakers from Koshi and Karnali provinces, the other day, signal a welcom
The new government, led by Prime Minister Balendra Shah, has been making one bold decision after another since its formation on Friday. In its first Cabinet meeting, it unveiled a 100-point
With military confrontation in West Asia raging on, an unprecedented energy crisis has emerged across the world. Its impacts on poor countries like Nepal have become more severe. The supply o
With the swearing-in of the members of the House of Representatives and the formation of a new Council of Ministers under Balendra Shah, the constitutional and democratic system has finally been restored t
Air pollution has become an inescapable problem globally, killing more than 8 million people annually, according to UNICEF. Around 90 per cent of these deaths happen in developing nations undergoing rapid