Automobiles are Nepal’s second largest import after petroleum products in terms of value.

The first impact is on the price of petroleum products, which sets off a chain reaction.

The online service frees investors from having to visit the office to provide their signature, officials said.

The retail price of the popular sweetener has jumped from Rs110 to Rs130 per kg in less than two weeks, say traders.

The old copper-based landline connections will stop working in Chabahil, Gongabu and parts of Patan from September 18, Nepal Telecom said.

Businesses large and small face declines in sales and profits during economic slowdowns, experts say.

Indian tourists will be spared the hassle of carrying bundles of cash as large banknotes are banned in Nepal.

The government, on Friday, approved the prices of individual television channels and bouquets under the à la carte system.

Officials say India has not responded to Nepal's request for export quotas of paddy, rice and sugar.

The Nepal-China border point has been closed since the 2015 earthquake destroyed the infrastructure.

As if costlier food was not enough, the government has been finding new ways to tax its inflation-stricken citizens.

The system allows viewers to pick the channels they want to watch and pay for them.

Nepal imports almost all its onion requirement from India, and the tax has created shortages in the domestic market.

Capital inflow fell by 67.88 percent to Rs5.96 billion in the past fiscal year, according to Nepal Rastra Bank.

The firms say they are uncertain about the course consumer spending will take in the days to come.