Top2 min readGulfstream G700 Draws Spotlight at Singapore Airshow as Ultra-Wealth Fuels Luxury Jet DemandGulfstream G700 Draws Spotlight at Singapore Airshow as Ultra-Wealth Fuels Luxury Jet Demand The unveiling of the Gulfstream Aerospace G700 at the recent Singapore Airshow underscored a broader shift in global aviation—one driven not by mass travel demand, but by the rapid rise of the ultra-wealthy. Positioned among commercial and military aircraft, the G700 stood out for its advanced avionics, long-range performance, and meticulously crafted luxury interiors, quickly becoming one of the most talked-about aircraft at the exhibition. Inside, the aircraft resembles a flying luxury residence rather than a conventional jet. Configurations include spacious lounge areas with reclining sofas, high-definition entertainment systems, private sleeping suites, and even shower-equipped bathrooms. Such features reflect a growing expectation among high-net-worth travelers that air travel should offer not only speed but exclusivity, privacy, and comfort comparable to five-star hospitality.Dipesh Ghimire·15 Feb, 2026
Top3 min readKarnali Corridor Road Paving Project Brings New Hope to Bajura and Himalayan CommunitiesKarnali Corridor Road Paving Project Brings New Hope to Bajura and Himalayan Communities The long-awaited blacktopping of the road section from Pilichaur in Jagannath Rural Municipality to Kawadi in Himali Rural Municipality under the Karnali Corridor has raised new hopes among residents of Bajura and surrounding areas. Considered a key infrastructure project for improving living standards in Sudurpaschim and Karnali provinces, the initiative is expected to transform mobility, trade, and access to basic services in one of Nepal’s most remote regions. For decades, local residents have endured difficult travel conditions marked by dust in the dry season, mud during monsoon, and frequent risks of accidents. The absence of a reliable road network had isolated communities from markets, hospitals, and educational institutions. With the announcement of blacktopping, people now anticipate safer and faster transportation, reduced travel costs, and improved connectivity with regional and national centers.Dipesh Ghimire·15 Feb, 2026
Top3 min readRevenue Shortfall Forces Cut in Fiscal Equalization Grants to Provinces and Local LevelsRevenue Shortfall Forces Cut in Fiscal Equalization Grants to Provinces and Local Levels The federal government has reduced the fiscal equalization grants allocated to provincial and local governments after revenue collection fell significantly short of the annual target in the first half of the current fiscal year 2082/83. The decision follows a mid-year review that revealed slower-than-expected income generation, putting pressure on the federal treasury and compelling adjustments in intergovernmental fiscal transfers. In a circular issued on Magh 27, the Office of the Financial Comptroller General instructed all Treasury and Accounts Controller Offices to limit the disbursement of the third installment of fiscal equalization grants. According to the directive, revenue collection until the end of Poush stood at only 81.75 percent of the targeted amount for the review period. Based on this proportion, the Ministry of Finance directed that transfers to provinces and local bodies be adjusted accordingly.Dipesh Ghimire·15 Feb, 2026
Top3 min readInsurance Companies’ Investment in Nepal Stock Market Sees Significant Growth in FY 2082/83Insurance Companies’ Investment in Nepal Stock Market Sees Significant Growth in FY 2082/83 Nepal’s life and non-life insurance companies have collectively made a remarkable investment in the stock market during the second quarter of the fiscal year 2082/83, with a total investment amounting to NPR 47.7 billion. This marks a significant increase from the previous year, when the total investment stood at NPR 30.2 billion. The growth of approximately NPR 17.5 billion in insurance sector investments reflects a strong institutional presence and increasing confidence in the country’s capital markets.Dipesh Ghimire·13 Feb, 2026
Top3 min readExperts Argue Against the Necessity of Dual ISINs for Securities in NepalExperts Argue Against the Necessity of Dual ISINs for Securities in Nepal Experts in the financial sector have expressed strong views against the need for dual International Securities Identification Numbers (ISINs) for shares and other securities, asserting that a single ISIN is sufficient for proper identification and trading. Their reasoning stems from a variety of technical, regulatory, and operational considerations that indicate no real need for the duplication of these identification numbers. One ISIN is Sufficient for IdentificationDipesh Ghimire·13 Feb, 2026
Top3 min readNo Local Government Achieves Full Score in Performance Evaluation, Finds National Natural Resources and Fiscal CommissionNo Local Government Achieves Full Score in Performance Evaluation, Finds National Natural Resources and Fiscal Commission Despite several attempts, no local government in Nepal has been able to achieve full marks on all indicators set for performance evaluation by the National Natural Resources and Fiscal Commission. The Commission’s latest report, released Thursday, highlights the persistent gap in local governance, noting that none of the local bodies, even after two election terms since the first local elections in 2074, have been able to fully comply with the established benchmarks.Dipesh Ghimire·13 Feb, 2026
Top3 min readMinistry of Communications and Information Technology Urges Increased Capital Expenditure for Public BenefitMinistry of Communications and Information Technology Urges Increased Capital Expenditure for Public Benefit The Ministry of Communications and Information Technology has directed its agencies to increase capital expenditure and ensure that their performance directly benefits the public. During the second-quarter review meeting of the fiscal year 2082/83, held under the Ministry-level Development Problem Resolution Committee, Secretary Lakshmi Kumari Basnet emphasized the need for identifying and addressing issues to ensure outcome-based performance. Secretary Basnet underscored the importance of enhancing inter-agency coordination to make service delivery more efficient and effective. She also stressed the priority of resolving outstanding financial discrepancies (referred to as "beruju") and mentioned that the Ministry would create a work plan to ensure regular monitoring of these issues.Dipesh Ghimire·13 Feb, 2026
Top3 min readMinistry Reviews Progress of Ongoing Development Projects for FY 2082/83Ministry Reviews Progress of Ongoing Development Projects for FY 2082/83 The Ministry of Finance has recently concluded the second-quarter review of development projects and programs under its jurisdiction for the current fiscal year 2082/83. The meeting, chaired by Secretary Kedar Nath Sharma, focused on assessing the progress, challenges, and future direction of the ongoing initiatives. The Ministry-level Development Problem Resolution Committee also participated in the discussions, offering insights into how these projects are progressing and the hurdles that remain.Dipesh Ghimire·13 Feb, 2026
Top3 min readMunicipalities of Nepal Evaluated by the National Natural Resource and Fiscal Commission: A Comprehensive ReportMunicipalities of Nepal Evaluated by the National Natural Resource and Fiscal Commission: A Comprehensive Report The National Natural Resource and Fiscal Commission of Nepal has recently released its assessment, ranking municipalities across the country based on various criteria. The city of Biratnagar, located in the Morang district, has topped the rankings for the current fiscal year, achieving an impressive score of 78.11%. This high score secured Biratnagar the first position, reflecting its exemplary performance across various indicators. Lalitpur and Kathmandu Cities Follow Close Behind Lalitpur, another major municipality, secured second place with a score of 76.33%, maintaining its reputation as one of the leading urban areas in the country. Kathmandu, the capital city, ranked third with a relatively lower score of 44.97%, highlighting some of the challenges it faces in fiscal and administrative management. The city of Bharatpur in Chitwan, with a score of 68.08%, placed fourth, while Birgunj in Parsa followed with a score of 54%. Pokhara, a prominent tourist destination in Kaski, also performed well with a score of 58.76%. These scores reflect a varied level of performance in key urban centers, which are critical to the country’s economic development.Dipesh Ghimire·13 Feb, 2026
Top3 min readNepal Telecom Faces Declining Profit Amid Increased OTT Service Usage, Operating Income Shows Modest GrowthNepal Telecom Faces Declining Profit Amid Increased OTT Service Usage, Operating Income Shows Modest Growth Nepal Telecom has released its unaudited financial results for the first six months of the current fiscal year, highlighting a notable decline in profit alongside a modest increase in operating income. The results underscore both the challenges and opportunities the company faces in an evolving telecommunications landscape. Profit Decline: A Major Concern Nepal Telecom's net profit for the first half of the fiscal year stands at NPR 4.16 billion, reflecting a 12.98% decrease compared to NPR 4.78 billion in the same period last year. This significant decline in profit can be attributed to several factors, most notably the increasing adoption of Over-The-Top (OTT) services like Viber, WhatsApp, and other messaging platforms. These services are reducing the demand for traditional telecom services, such as voice and SMS, which have historically been a significant revenue driver for Nepal Telecom.Dipesh Ghimire·12 Feb, 2026