Top2 min readConsumer Price Index Analysis: Food and Beverage Prices Lead Inflation Across Nepal's Ecological BeltsConsumer Price Index Analysis: Food and Beverage Prices Lead Inflation Across Nepal's Ecological Belts The latest Consumer Price Index (CPI) data, based on the fiscal year 2023/24 as the base, reveals significant trends across Nepal's ecological belts. The CPI highlights changes in the cost of goods and services in Kathmandu Valley, Terai, Hill, and Mountain regions, with notable price increases in the Food and Beverage category driving inflation.Dipesh Ghimire·13 Jan, 2025
Top2 min readEconomic Growth Insights: Nepal’s Macroeconomic Indicators Show Mixed TrendsEconomic Growth Insights: Nepal’s Macroeconomic Indicators Show Mixed Trends Nepal’s latest macroeconomic data reveals a mixed performance across key indicators, highlighting challenges in sustaining consistent growth while pointing to areas of improvement. Here’s an analysis of the data from fiscal years 2019/20 to 2023/24, providing insights into the economic trends.Dipesh Ghimire·13 Jan, 2025
Top2 min readEconomic Growth Rate Projected at 3.4% for the First Quarter of FY 2081/82: National Statistics OfficeEconomic Growth Rate Projected at 3.4% for the First Quarter of FY 2081/82: National Statistics Office The National Statistics Office has projected Nepal’s economic growth rate for the first quarter of the current fiscal year 2081/82 at 3.4%. According to the report published on Tuesday, the economy is expected to achieve modest positive growth compared to the same period of the previous fiscal year. While agriculture, tourism, and electricity production have contributed positively, weak performance in construction and trade has limited overall growth.Dipesh Ghimire·8 Jan, 2025
Top2 min readWho Are the 17 Governors of Nepal Rastra Bank ? Nepal Rastra Bank (NRB), established on April 26, 1956 (Bikram Sambat 2013 Baisakh 14), is the central bank of Nepal. It has the authority to issue currency, guide monetary policy, and regulate the activities of banks and financial institutions, ensuring control as needed. The NRB also serves as the government's economic advisor and operates as an autonomous body, free from governmental interference. Before the establishment of NRB, the Treasurer General used to sign currency notes on behalf of the kingdom. However, following the bank's inception, the tradition of having the Governor's signature on the currency notes began. Since its establishment, NRB has had 17 governors, with Mr. Maha Prasad Adhikari currently serving as the Governor.Dipesh Ghimire·6 Jan, 2025
Top3 min readRace for Nepal Rastra Bank Governor Intensifies: What’s at Stake ? Race for Nepal Rastra Bank Governor Intensifies: What’s at Stake? As the tenure of Nepal Rastra Bank Governor Maha Prasad Adhikari approaches its conclusion in three months, the race for the top position in the country’s central bank has gained momentum. Aspirants are engaging with power centers, proposing solutions to stabilize the economy, and positioning themselves as the ideal candidate for one of the most coveted roles in Nepal’s financial sector.Dipesh Ghimire·6 Jan, 2025
Top2 min readNepal’s Banking Sector Faces Growing Challenges: A Critical CrossroadNepal’s Banking Sector Faces Growing Challenges: A Critical Crossroad Nepal's banking and financial institutions are grappling with one of the most challenging phases in their history. Despite robust external economic indicators, internal weaknesses in the economy have significantly strained the banking sector. These challenges are causing stagnation in investments, declining profits, and rising non-performing assets (NPA), threatening the stability of the financial ecosystem.Dipesh Ghimire·6 Jan, 2025
Top2 min readNepal-India Trade Treaty Review: Addressing Long-Standing IssuesNepal-India Trade Treaty Review: Addressing Long-Standing Issues After four years, the Nepal-India Inter-Governmental Committee (IGC) meeting is set to take place in Kathmandu on January 9 and 10. The key agenda of this meeting will be the review of the 2009 Trade Treaty, a crucial step as the treaty has been renewed twice without amendments. Nepal has long advocated for addressing the limitations in the trade treaty that hinder its exports to India. This review is expected to pave the way for smoother access to Indian markets for Nepali goods. However, the specifics of the review process remain unclear. According to Baburam Adhikari, Joint Secretary at the Ministry of Commerce, the final agenda will only be confirmed a few days before the meeting.Dipesh Ghimire·6 Jan, 2025
Top2 min readForeign Exchange Issues Threaten Nepal's Telecom and Internet ServicesForeign Exchange Issues Threaten Nepal's Telecom and Internet Services Nepal's telecom sector faces significant challenges as telecom service provider Ncell struggles to pay international vendors for bandwidth imports, equipment purchases, and consultancy services. This financial bottleneck stems from the Nepal Telecommunications Authority (NTA) halting foreign exchange facilitation over unpaid fees for the 2100 MHz frequency band. The broader implications of this standstill reveal systemic issues in Nepal's regulatory and financial ecosystems.Dipesh Ghimire·3 Jan, 2025
Popular News2 min readGrowing Attraction and Participation in the Capital MarketIn recent times, the stock market has seen a significant increase in interest, with many new investors stepping into the scene. Notably, women’s participation in the stock market has also been on the rise. Be it in the primary or secondary market, women are increasingly engaging in stock market activities. The involvement of women is not limited to trading but extends to leadership roles in investor associations and active participation in company general meetings. Women are not only present in these meetings but are also expressing their views and contributing to discussions. Currently, prominent women shareholders, like Nirupa Gupta, are making their voices heard, and stakeholders anticipate a further increase in women's participation in the future.Dipesh Ghimire·30 Dec, 2024
Top3 min readWhat Should Be the Role of the Bankers' Association?Kathmandu, Nepal — The Nepal Bankers' Association, an umbrella organization of the country’s 20 commercial banks, has elected Santosh Koirala, the CEO of Machhapuchchhre Bank, as its new president. The election has set the stage for a fresh chapter in the financial sector, with hopes pinned on the leadership's ability to navigate pressing challenges and unlock new opportunities for economic growth.Dipesh Ghimire·29 Dec, 2024