Top3 min readNepal’s Economy: Persistent Constraints, Untapped OpportunitiesNepal’s Economy: Persistent Constraints, Untapped Opportunities Nepal’s economy continues to grapple with deep-rooted structural problems, even as multiple sectors hold significant untapped potential. Economists point out that the most immediate concern remains the government’s chronic failure to increase capital expenditure, which has limited infrastructure expansion and slowed overall economic momentum. Closely linked to this is the reluctance of the private sector to invest in industries, compounded by weak inflows of foreign direct investment (FDI). Another major bottleneck lies in agriculture. While Nepal produces a range of raw agricultural and forest-based products, the absence of grading, packaging, processing, and value addition has prevented these goods from becoming competitive exports. As a result, resources such as medicinal herbs, broom grass, rhododendron, bayberry, and waterfalls with tourism potential remain underutilized, yielding minimal economic return. Nepal’s economy continues to grapple with deep-rooted structural problems, even as multiple sectors hold significant untapped potential. Economists point out that the most immediate concern remains the government’s chronic failure to increase capital expenditure, which has limited infrastructure expansion and slowed overall economic momentum. Closely linked to this is the reluctance of the private sector to invest in industries, compounded by weak inflows of foreign direct investment (FDI). Another major bottleneck lies in agriculture. While Nepal produces a range of raw agricultural and forest-based products, the absence of grading, packaging, processing, and value addition has prevented these goods from becoming competitive exports. As a result, resources such as medicinal herbs, broom grass, rhododendron, bayberry, and waterfalls with tourism potential remain underutilized, yielding minimal economic return.Dipesh Ghimire·24 Jan, 2026
Top4 min readNepal’s Economy Shows Stability, but Structural Reforms Remain UrgentNepal’s Economy Shows Stability, but Structural Reforms Remain Urgent A close reading of the latest macroeconomic indicators released by Nepal Rastra Bank suggests that Nepal’s economy is currently more stable than public perception often assumes. Data from the first two months of fiscal year 2081/82 show that average inflation stands at 3.8 percent, indicating that price rises remain within a manageable range. With nominal wages reportedly increasing by around 25 percent, the impact of inflation on ordinary households appears limited for now, though authorities are advised to closely monitor the supply and quality of essential daily goods.Dipesh Ghimire·24 Jan, 2026
Top2 min readCourt Refuses Interim Relief in Pure Energy’s ISIN Case, Flags Need for Full AdjudicationCourt Refuses Interim Relief in Pure Energy’s ISIN Case, Flags Need for Full Adjudication The dispute over assigning a single International Securities Identification Number (ISIN) to different classes of shares has reached a critical legal juncture, after the High Court Patan declined to issue an interim order sought by Pure Energy Limited. While denying temporary relief, the court has accorded priority to the hearing of the writ petition, underscoring the wider implications of the case for Nepal’s securities market. Pure Energy had approached the court demanding that both promoter and public shares be assigned a single ISIN, arguing that the current practice of separate identifiers was creating unnecessary complications. A joint bench of Justices Suryanath Prakash Adhikari and Narayan Prasad Suvedi ruled that the issue was substantive in nature and required a final determination rather than interim intervention. The dispute over assigning a single International Securities Identification Number (ISIN) to different classes of shares has reached a critical legal juncture, after the High Court Patan declined to issue an interim order sought by Pure Energy Limited. While denying temporary relief, the court has accorded priority to the hearing of the writ petition, underscoring the wider implications of the case for Nepal’s securities market. Pure Energy had approached the court demanding that both promoter and public shares be assigned a single ISIN, arguing that the current practice of separate identifiers was creating unnecessary complications. A joint bench of Justices Suryanath Prakash Adhikari and Narayan Prasad Suvedi ruled that the issue was substantive in nature and required a final determination rather than interim intervention.Dipesh Ghimire·24 Jan, 2026
Top3 min readFormer Planning Commission Leaders Enter Electoral Race, Shift From National Vision to Local PromisesFormer Planning Commission Leaders Enter Electoral Race, Shift From National Vision to Local Promises Two former vice chairpersons of Nepal’s National Planning Commission—once responsible for drafting the country’s long-term development strategies—have stepped into the electoral battlefield ahead of the February 21 House of Representatives election, highlighting a striking contrast between national policy expertise and grassroots electoral politics. The candidates are Dr Govind Raj Pokharel, contesting from Pyuthan, and Dr Swarnim Wagle, running from Tanahun–1. Both are economists with national and international credentials, now seeking voter support in highly competitive constituencies where local dynamics may outweigh technocratic vision.Dipesh Ghimire·24 Jan, 2026
Top2 min readSystem Glitch Turns Into Legal Milestone for Retail Traders in IndiaSystem Glitch Turns Into Legal Milestone for Retail Traders in India An unusual trading incident from India’s derivatives market in 2022 has evolved into a landmark legal precedent, reshaping how responsibility is viewed in broker–client relationships. What began as a technical error at a brokerage firm ultimately led to a court ruling that strengthened the rights of retail traders against large financial institutions. The case revolves around Gajanan Rajguru, a small retail trader whose account held a modest balance of just ₹3,175. Despite the limited funds and the absence of margin or collateral, his trading account was suddenly granted an unusually large exposure limit—nearly ₹40 crore—due to a technical malfunction in the system of Kotak Securities. An unusual trading incident from India’s derivatives market in 2022 has evolved into a landmark legal precedent, reshaping how responsibility is viewed in broker–client relationships. What began as a technical error at a brokerage firm ultimately led to a court ruling that strengthened the rights of retail traders against large financial institutions. The case revolves around Gajanan Rajguru, a small retail trader whose account held a modest balance of just ₹3,175. Despite the limited funds and the absence of margin or collateral, his trading account was suddenly granted an unusually large exposure limit—nearly ₹40 crore—due to a technical malfunction in the system of Kotak Securities.Dipesh Ghimire·24 Jan, 2026
Top2 min readElectric Mini and Micro Buses Gain Ground as Imports Surge in NepalElectric Mini and Micro Buses Gain Ground as Imports Surge in Nepal Electric mini and micro buses are rapidly emerging as a dependable alternative in Nepal’s public transport system, with import figures showing a sharp rise over the past few years. As the domestic electric vehicle (EV) market expands at pace, battery-powered buses in the 11–25 seat segment are increasingly replacing petrol and diesel-powered internal combustion engine (ICE) vehicles, setting new import records. According to data from the Department of Customs, a total of 144 electric mini buses (15–25 seats) and 434 electric micro buses (11–14 seats) were imported by mid-January (Poush) of the current fiscal year 2082/83. In total, 577 EV buses worth Rs 1.80 billion entered the country during this period, generating Rs 423.4 million in government revenue. The figures highlight the growing commercial and fiscal significance of EV-based public transport.Dipesh Ghimire·24 Jan, 2026
Top3 min readNepal–China Border Trade Talks Yield Progress on Connectivity, Trade Facilitation, and InvestmentNepal–China Border Trade Talks Yield Progress on Connectivity, Trade Facilitation, and Investment The third secretary-level meeting of the Nepal–China Coordination Mechanism on Border Trade and Cooperation concluded in Lhasa, the capital of China’s Xizang (Tibet) Autonomous Region, marking another step forward in bilateral economic and trade cooperation. The meeting was held on January 20–21, 2026 (Magh 6–7), according to Nepal’s Ministry of Industry, Commerce and Supplies. The talks focused on a wide range of issues, including cross-border trade, customs facilitation, infrastructure development, transit arrangements, investment promotion, and broader economic cooperation. Officials from both sides described the discussions as constructive, with several understandings reached to improve trade efficiency and reduce logistical bottlenecks along the Nepal–China border.Dipesh Ghimire·24 Jan, 2026
Top1 min readGold Prices Hit Record Highs in Nepal, Prompting Rethink of Savings and SpendingGold Prices Hit Record Highs in Nepal, Prompting Rethink of Savings and Spending Gold prices in Nepal have climbed to an all-time high, intensifying pressure on households and reshaping investment behavior. local bullion markets show that gold is trading at its highest-ever rate per tola, mirroring the surge seen in international markets. Analysts attribute the sharp rise primarily to global factors—persistent economic uncertainty, shifts in the US dollar’s strength, and heightened demand for safe-haven assets. As international prices firm up, domestic conditions such as strong seasonal demand and currency volatility have amplified the upward momentum at home, pushing prices beyond levels many consumers anticipated.Dipesh Ghimire·24 Jan, 2026
Top2 min readMachhapuchchhre Bank’s Profit Jumps 25% in First Half, Asset Quality ImprovesMachhapuchchhre Bank’s Profit Jumps 25% in First Half, Asset Quality Improves Machhapuchchhre Bank has published its unaudited financial statement for the first six months of the current fiscal year, showing a notable improvement in net profit alongside steady growth in business volume, despite pressure on operating income. According to the statement, the bank earned a net profit of Rs 1.01 billion by mid-January (end of Poush). In the same period of the previous fiscal year (FY 2081/82), the bank had posted a profit of Rs 807.3 million. This represents a 25.25 percent year-on-year growth in net profit, reflecting improved earnings efficiency and better control over credit risk.Dipesh Ghimire·24 Jan, 2026
Top3 min readOff-Budget Spending of Foreign Aid Rising in Nepal, Government Report ShowsOff-Budget Spending of Foreign Aid Rising in Nepal, Government Report Shows Nepal is increasingly spending foreign development assistance outside its national budget and treasury systems, raising concerns over transparency, coordination, and fiscal oversight. According to the Ministry of Finance’s Development Cooperation Report 2022–23, more than one-fifth of the total development aid received by Nepal in the last fiscal year was spent outside the government’s budget framework. In Nepal’s public finance system, funds included in the annual budget document—commonly known as the Red Book—are classified as on-budget, while expenditures not reflected in the Red Book are considered off-budget. Even within on-budget allocations, spending may occur either through the government treasury system (on-treasury) or outside it (off-treasury). The report indicates that both off-budget and off-treasury spending have been rising steadily in recent years.Dipesh Ghimire·24 Jan, 2026