Nepal Rastra Bank (NRB) is moving to reverse a fast-depleting foreign exchange reserve by discouraging the import of non-essential goods and helping enterprises to borrow from abroad.
Traders have started importing onions from China after India banned the export of onions. India, the main market of onion import in Nepal, banned onion export from December 7.
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The import of electric vehicles in Nepal is continuously going up, according to the Department of Customs data.
The post Nepal imports over 1,000 electric vehicles in 4 months appeared first on OnlineKhabar English News.
Amid reports that Nepal's agricultural imports are excessively high, the Department of Customs has revealed another alarming fact: Nepal has been importing vegetables only worth Rs 60 million a day on average.
The post Nepal imports vegetables worth Rs 60 million every day appeared first on OnlineKhabar English News.
Citing a decline in the available amount of foreign exchanges, the central bank of Nepal, Nepal Rastra Bank (NRB), wants to reduce imports in the country. However, the Ministry of Finance and the Ministry of Industry, Commerce and Supplies are not impressed.
The post NRB wants to reduce imports, but finance and commerce ministries aren’t happy appeared first on OnlineKhabar English News.
Nepal has been importing more electric cooktops in the past months to optimize its surplus hydropower, showing the latest data from Nepal's Department of Customs.
Nepal has been importing more electric cooktops in the past months to optimize its surplus hydropower, showing the latest data from Nepal's Department of Customs.
New Dilli, April 28.To address the shortage of oxygen tankers in the country, the union government has imported 20 cryogenic tankers of 10 MT and 20 MT capacity and allocated them to the states. Madhya Pradesh, Uttar Pradesh, Delhi and Gujarat will get two 20 MT cryogenic tankers each. Uttar Pradesh (three), Rajasthan (four), Delhi […]
The post India imports 20 cryogenic tankers of 10 and 20 MT capacity appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.
