In the fiscal year 2017-18, which ended mid-July last year, Nepal ran a trade deficit of Rs1,164 billion, up 27.5 percent year-on-year. Spending on imports totalled Rs1,245 billion, of which Rs173 billion went toward petroleum products.

There’s more to loan-deposit mismatches than it seems

In a world of subsidy and quest for self-sufficiency, there is a thin line between sweet and sour