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Customers shy away as gold price soars

Kathmandu, May 31 -- Amid the steady rise in the price of gold in the international market, the government has increased the customs duty on the yellow metal. Nepali bullion traders say gold may open ... Read More


From hills to Tarai, heatwaves push demand for ACs

Kathmandu, May 30 -- As heat waves sweep across many parts of Asia, including Nepal, there has been an increased demand for cooling solutions, mostly air conditioners, popularly known as ACs. The dem... Read More


Budget introduces green tax on petroleum products

Nepal, May 29 -- The government has imposed a green tax on imported petroleum products to fulfil its international commitment to reducing carbon emissions, according to the Financial Act for the fisca... Read More


Vegetable prices rise due to poor rains, low yields and Indian export taxes

Nepal, May 22 -- Vegetable inflation increased by 16.99 percent in mid-April compared to the same period last year which traders attributed mainly due to changes in vegetable export policy by India, n... Read More


Informal cross-border trade balloons: Report

Kathmandu, May 17 -- For decades, cross-border trade between Nepal and India was traditionally done due to social ties spanning borders. The situation now is different. It's now an organised commerci... Read More


Nepal's banking industry is a leader in South Asia in employing women

Kathmandu, May 11 -- After completing her MBA, Devna applied for jobs in the banking industry and found an exciting role. However, the interview had turned a little uncomfortable when her prospective... Read More


Government approves 10 foreign investment proposals through automatic route

Nepal, May 8 -- The Department of Industry has approved 10 foreign investment proposals since implementing the automatic route, a liberalised entry route for investors, a week ago. The department had... Read More


India lifts onion export ban but traders say price in Nepal could double

Kathmandu, May 6 -- India has lifted the ban on onion export after nearly five months but has imposed a minimum export price of $550 per tonne. The move, however, may increase the price sharply in the... Read More


Internet disruption in Nepal as Indian firm cuts services

Kathmandu, May 3 -- Chaos ensued on Thursday evening when internet services across the country were abruptly interrupted for several hours. This happened after Indian telecommunications company Airtel... Read More


Nepal awash with trademark, patent infringement plaints

Nepal, April 27 -- Nepal's Department of Industry has been awash with trademark, patent and design infringement complaints, government officials admitted as the country marked World Intellectual Prope... Read More