Fifth generation wireless mobile networks will be set up in four cities under a pilot project by the end of this fiscal year.

Traders don't mind the extra cost and time since there is no risk of their shipments being held up, they say.

Nepal saw an economic growth rate of -1.99 percent in fiscal year 2019-2020, ending mid-July, new national accounts statistics says.

According to the Finance Ministry, 393,630 persons and firms received taxpayer identification numbers during the first six months.

The facility will allow importers to make customs clearance in Kathmandu and facilitate trade, officials say.

Experts, however, say the country still has room for borrowing needed for development but insist that there should be productive use of the borrowed funds.

Nepal immediately needs at least 200 megawatts of energy to become self-reliant during the dry season and solar energy is the best option, experts say.

Prices are expected to go down but increasing the quota could dent foreign currency reserves, central bank officials say.

Nepal and India share an 1,800-km open border with more than three dozen motorable crossing points.

The diversion tunnel will redirect part of the flow of the Sunkoshi River to irrigate farmlands in the Tarai.

The pandemic is not over yet, and people should take precautions even if they have been vaccinated, health experts say.

Supplies won’t be affected as shipments are already on their way, officials say. Annual demand for chemical fertilisers is 700,000 tonnes but imports are just around 300,000 tonnes.

Nepal Oil Corporation has jacked up the price of diesel thrice in one month citing global trends.

Farmers faced a pest problem as the winter was slightly warmer this year, experts say.

Once the species of large cardamom, one of the most expensive spices in the world, are registered, Nepal can claim their ownership and patent them in the international market.

The rise in legal imports has also been attributed to the immobilisation of the grey market by virus restrictions.

The government has been placing barriers in the name of opening the country to tourists, insiders say.

The municipality has pledged to invest more than Rs60 million in the Youth Self-Employment Programme.

Stalled installation of communication, navigation and surveillance, air traffic management and meteorological equipment will now resume, officials say.

Nepal imported vehicles and parts worth Rs44 billion in the first half of the current fiscal year.