The performance of Nepal’s economy is still plagued with some challenges as inflation rates are soaring high to hit the pockets of both the households and firms in Nepal. The tables prepared by the Nepal Rastra Bank depict that the yoy inflation rate was touching the peak of 7.26 % in September that is the highest level of inflation observed during the last two and half years. This has been occasioned by elevated food and beverage costs which were up by 9.02% to the similar period in the prior year. Higher inflation is already affecting the people of Nepal most…
Author: nadmin
In Nepal’s scenic landscapes of green valleys and raised hillsides an evolving shift is happening. Across the nation farmers are turning to sustainable farming approaches and leaving behind the conventional practices that were once common. It goes beyond just raising productivity; this transformation prioritizes an all-encompassing method that incorporates care for the environment and fair practices. Among many who are taking on these new approaches is Kamala Thapa from the Kavre district. She used to depend largely on chemical fertilizers and pesticides. Currently I’m collaborating with nature rather than against it. Thapa uses intercropping methods by growing marigolds near her…
The nation is seeing an important increase in renewable energy initiatives while striving to expand its energy options and cut dependence on fossil fuels. Known for its hydropower abilities in the Himalayas country is now aiming its energy plans toward solar and wind as well. In the last few years,the Nepalese administration has significantly improved its electrical power sector. In the previous five years the country launched 1.100 MW of new hydropower and gathered $1.7 billion in private funding. These actions have established the basis for Nepal’s dream of becoming a leading energy center in the region. Through its Energy…
In a blow to climate change, Nepal has recently introduced powerful policies and programs to secure and advance the nation from the climate change changes. The government, along with its counterparts and development partners and in partnership with stakeholders, here and abroad, has embarked on an integrated and comprehensive strategies in dealing with the challenge that confronts this Himalayan kingdom. Among these are Nepal’s first National Adaptation Plan (NAP), an innovative approach being implemented to strengthen the nation’s capacity to cope with climate change impacts. Presented at the National Climate Summit in Kathmandu only a few days ago, the strategy…
Nepal is indeed eyeing to be world’s best tourism spot with the introduction the new tourism year. It is an ambitious program for the upcoming ten years, which is designed to familiarize the international community with the cultural, scenic, and tourism attractiveness of the country. NEBT, Nepali government through USAID, officially inaugurates the 2024 International Tourism Campaign. This collaboration extends the momentum of the prior year’s campaign, which, with reaching over 16 million travelers, received $15.8 million in earned media value. The foundation of this new campaign is a collaboration with Steller, a storytelling platform inspired by travel. Four gateway…
The farmers in Bharatpur district of Rajasthan have suffered heavily due to heavy rainfall for the last few days and the crop are completely damaged. Yesterday’s news informed that some 51 thousand hectares of agricultural area are under the threat which has raised concern among the local farmers and agricultural departments. The unseasonal rain has principally affected kharif crops which were in different phases of maturity. Farmers in the district had expected plenty this season but the rains have now taken a toll on their expectations. Among such crops, bajra, jowar, and pulses have been impacted the most, and many…
Nepal has experienced a rise in temperature by 13% since August, the latest information from the Department of Hydrology and Meteorology shows. This growing incidence has created panic in the country and has given the population food for thought on the effects of climate change in the Himalayas. Frequent changes in temperature have been experienced in different areas of the country including the Terai, mid-hill and the Himalayas. People in the capital city of Kathmandu have complained of warmer days and nights than usual, with many people finding it difficult to bear the heat. The average temperature in the city…
In what seemed to be rather odd, a snake was found curled in a chair in a government office in Bharatpur, Rajasthan. This happened earlier today when staff members got to work and were unprepared for the situation that met them at the offices. Because they had entered inside they were shocked to find a snake sleeping on one of the office chairs as if it was waiting for them to come. Later it was established that the snake was a non-venomous species; it had apparently found its way into the building during the night. Being on the chair, normally…
The prices of gold have doubled in Nepal and crossed the 100000 nepalese Rupee per tola (11.664 grams of gold) mark. This precious metal has been in an upward trajectory in the past few weeks occasioned by both regional and global factors. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) stating that the fine gold crossed its one tola bench mark and was sold on Monday as high as 100,400 Rupees per tola. This is an increase of 400 rupees from the closing price that was realized the previous trading session. The increase in gold’s price has caused…
Mr. K.P. Sharma Oli, the Prime-Minister of Nepal held a separate meet with Mr. Narendra Modi, Prime-Minister of India during the septet of the seventy-nine United Nations General Assembly at New York city. Both presidents met briefly at the UN headquarters and, among other things, touched upon the topics of the cooperation between two countries and in the framework of the United Nations. The meeting is taking place on the backdrop of renewed vigour in enhancing relations between the two neighboring countries. Nepal’s Prime Minister Khadga Prasad Sharma Oli, who visited New York on Sunday, is the leading delegation to…