Cosmetic industry down by unrest, trade embargo
Sales and production of beauty products have been affected by the ongoing Tarai unrest and India’s unofficial trade blockade.
Sales and production of beauty products have been affected by the ongoing Tarai unrest and India’s unofficial trade blockade.
Sales of consumer durables like televisions and home theatres have not been seeing the expected growth with people rushing for electric cookers as gas has become very scarce (and very expensive).
Workload has suddenly gone up for Nepal Electricity Authority’s (NEA) technician Arjun Katuwal these days as he has to reach at least two dozen sites a day to repair transformers
The poultry industry has been badly hit by the Indian trade embargo and unrest in the Tarai with supplies of chicken and chicken feed severely disrupted.
The police on Friday filed a case against proprietor and officials of KL Dugar Group in the Kathmandu District Court on charge of black marketing of edible oil.
Dealers of washing machines have started rolling out new products despite gloomy market conditions hoping that the economy will recover soon from the devastating effects created by India’s unofficial embargo.
Shyam Choudhary from Bardia, who used to deliver LPG house-to-house in Kathmandu, is now jobless and has been struggling to feed his family and pay the rent for his room in Setopool.
Grocery stores across the country have started running out of inventory as they have stopped receiving fresh stocks of packaged food products like noodles and biscuits.
The Tihar festival has become an expensive affair for many Nepalis as prices of almost all household commodities have skyrocketed with black marketers apparently holding sway.
Prices of dry fruits have rocketed in the Kathmandu valley, making ‘Bhaimasala’ costlier this Tihar. While some traders attributed the price rise to low supply amid sudden rise in demand
Food prices have spiked across the country due to shortages created by the Indian blockade and prolonged unrest in the Tarai. Retailers have been setting prices arbitrarily and blaming wholesalers for the price hikes.
Frantic householders have been snapping up induction cookers as the liquefied petroleum gas (LPG) crisis enters its second month.
Sita Karki, a housewife from Gaushala, was forced to return home with the empty cooking gas cylinder she had brought along on Saturday after being in queue for six hours
Vegetable prices have decreased in the Kathmandu valley due to low demand amid stable supply.
The market has started running short of daily essentials as unrest in the Tarai and an unofficial Indian blockade tightens the stranglehold on the country.