Kathmandu. The economic growth rate will fall to 2.3 percent this fiscal year. Yuvaraj Khatiwada has told. Announcing the Economic Survey Report 076 and 77 in the Federal Parliament, the Finance Minister has estimated that the economic growth rate will shrink to 2.3 percent in...
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Kathmandu. The economic growth rate will fall to 2.3 percent this fiscal year. Yuvaraj Khatiwada has told. Announcing the Economic Survey Report 076 and 77 in the Federal Parliament, the Finance Minister has estimated that the economic growth rate will shrink to 2.3 percent in...
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Prime Minister KP Sharma Oli has indicated that the lock-down will be loose,. Addressing the nation today, he said that while fighting against the corona virus, economic activities in the country would be continued with precautionary measures.Stating that no cure...
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The Finance Committee of the House of Representatives has recommended the government to bring a budget of around Rs 1.69 trillion.The Finance Committee has suggested to bring the size of the budget of the coming Fiscal Year 2077/78 to 45...
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Kathmandu. The economist Dr. Shankar Sharma has said that the economy is in a serious crisis due to the corona virus. He said that Rs 6 billion monthly relief is needed for the people who have lost their jobs. He stressed on the need for...
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Kathmandu. Industrialist and Nepali Congress MP Binod Chaudhary has warned that 80 percent of the banks may be closed.Speaking at a webinar conference organized by the Confederation of Nepalese Industries, Chaudhary gave the warning. He said that 80 percent banks...
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According to the World Economic Outlook published by the International Monetary Fund in April, the global economy is expected to shrink by 3.0 percent by 2020 due to the global corona epidemic. Similarly, according to the Central Statistics Office, Nepal's economic growth is projected to...
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The Asian Development Bank (ADB) has projected the global economy to lose up to 88 trillion dollar due to the effects of the Covid-19 virus caused by the corona virus. This is more than twice the ADB's own projection last month.
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Nepal's economy is in its worst state due to the Corona virus Covid-19. The International Monetary Fund (IMF) has projected Nepal's economic growth to be only 1 percent, calling it worse than in 2008.The United Nations has noted that 44...
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Finance Minister Dr.Yuvaraj Khatiwada and Asian Development Bank's President Masachugu talked to further support for Nepal's development .During the talks, ADB commits 250 million dollor (around 30 Billion Nepalese rupees) loans to protect Nepal's...
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Corona is facing a global economic crisis. Industry, factories, hotels, tourism, airlines, transportation, along with the financial sector and business have been badly affected. Corona is also bringing crisis in the agricultural production sector. There is a state of sitting and eating what...
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The corona virus has caused a worldwide economic downturn. Industries and businesses are closed. Rich countries have slashed bank interest rates to zero percent. During the economic crisis, the head of the US Federal Reserve took special steps to reduce interest rates to zero.
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The corona virus has caused an extreme crisis in the world economy. The ADB estimates that the global economy will lose 4.1 trillion due to the Corona virus epidemic. The ADB has warned that the Kovid-19 epidemic in the United States, Europe and other countries...
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Mutual Funds: a fruitful investment option
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The US has hit China where it hurts by going after its telecom champion Huawei, but Beijing's control...
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