import

Nepal’s Mounting Trade Deficit Raises Economic Concerns
Business | Finance | Economy

Nepal’s Mounting Trade Deficit Raises Economic Concerns

Nepal’s trade deficit has reached an alarming level, with figures from the Department of Customs revealing a staggering Rs 1177 billion deficit as of the end of the month of Baisakh (mid-May) in the current financial year. This widening trade gap, fueled by a surge in imports and lackluster export performance, has raised concerns about […]

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Nepal’s Mounting Trade Deficit Raises Economic Concerns
Business | Finance | Economy

Nepal’s Mounting Trade Deficit Raises Economic Concerns

Nepal’s trade deficit has reached an alarming level, with figures from the Department of Customs revealing a staggering Rs 1177 billion deficit as of the end of the month of Baisakh (mid-May) in the current financial year. This widening trade gap, fueled by a surge in imports and lackluster export performance, has raised concerns about […]

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Nepal’s Cereal Imports Plummet in Fiscal Year 2023/24
Business | Finance | Economy

Nepal’s Cereal Imports Plummet in Fiscal Year 2023/24

In a significant trend for Nepal’s economy, the import of cereals has witnessed a notable decline during the first nine months of the fiscal year 2023/24. According to the latest trade data released by the Department of Customs, there has been a substantial decrease both in terms of monetary value and quantity, marking a shift […]

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Nepal needs to Boost Handicraft Sector to Curb Imports
Business | Finance | Economy

Nepal needs to Boost Handicraft Sector to Curb Imports

In a significant move to promote the domestic handicraft industry and curb imports, Damodar Bhandari, the Minister for Industry, Commerce, and Supplies, has recognized the vital role of the handicrafts business in reducing the country’s imports. During an interaction organized by the Federation of Handicraft Associations of Nepal on Friday, the Minister emphasized that the […]

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China to Nepal- Machinery Product import
r/Nepal

China to Nepal- Machinery Product import

Malai china bata 6-7 Lakh parne eauta machine import garnu theo , Alibaba ma eauta matra supplier xa but verified xaina. Is there’s any machinery product import garne company jasle china ma nai machine majale inspect garos ani Nepal ma delivery sapai check garera.??? View on r/Nepal by stgunknonw

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Yatri's P-1 Model Revolutionizes Nepali Automobile Industry
Electric Vehicles

Yatri’s P-1 Model Revolutionizes Nepali Automobile Industry

The registration of Yatri’s P-1 model as the first fully designed and manufactured vehicle in Nepal is a remarkable achievement that is set to revolutionize the Nepali automobile industry. The registration of the P-1 model marks the beginning of a new era for Yatri, and a new chapter for the Nepali automobile industry as a […]

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Nepal Government to tighten the credit for import of fuel based vehicles
News

Nepal Government to tighten the credit for import of fuel based vehicles

The government of Nepal has announced plans to reduce the import of fuel vehicles and encourage the use of electric vehicles. The move is part of a broader effort to reduce the country’s trade deficit and improve its environmental sustainability. Under the new plan, the government will implement a number of measures to discourage the […]

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Electric Vehicle (EV) Sales in Nepal in Rise
Electric Vehicles

Electric Vehicle (EV) Sales in Nepal in Rise

The surge in gasoline prices has become a catalyst for the remarkable growth of electric vehicles (EVs) in Nepal’s market. Despite the recent decline in fuel prices, EVs continue to gain popularity and market share in the country. Among the EV models capturing significant attention is the Tata Nexon EV, regarded as a major attraction […]

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