Nepalis forced to pay more for rice, no one knows why
According to market observers, the price of the most common food grain in Nepali homes has gone up by Rs100 to Rs700 per bag.
According to market observers, the price of the most common food grain in Nepali homes has gone up by Rs100 to Rs700 per bag.
Experts blame Nepal’s topsy-turvy politics for scaring away potential investors.
Brent crude oil dropped to $80 per barrel in the first week of March, after peaking at $128 per barrel in June last year.
Sources say that the state-owned dairy corporation has proposed a hike to what the private sector has increased.
The association says that the cap in premium rate will provide some relief to the creditors as it reduces lending rates.
Especially catering to women, the online shop provides a wide range of products of 13 local and 40 international brands.
Economists and market analysts warn instability in the government could make matters worse.
If a customer is hampered by network issues, telecom operators will have to compensate them for the downtime.
Four years ago, the government prepared a draft bill to introduce a law on trademark, copyright and intellectual property rights. It is gathering dust.
Currently, domestic Visa and MasterCard transactions are switched through international payment gateways and cardholders are charged in dollars.
Statistics show imports jumped 61 percent with 2,009 units of EVs worth Rs5.62 billion ordered in the first seven months of the current fiscal year.
Perceived price rises among Nepali consumers over the next 12 months hit a new high of 12 percent, the central bank says.
The Industry Ministry has proposed to add eight items to the list of priority export goods under the Nepal Trade Integrated Strategy.
Reduced shipments could result in a flour shortage in the market, and that may push up prices, traders say.
Nepal Rastra Bank fears that easy availability of credit could again fuel imports leading to a rapid depletion of foreign exchange reserves.