ECONOMY

RSP-led government presents distribution-oriented budget amid debt concerns

RSP-led government presents distribution-oriented budget amid debt concerns

Ambitious FY 2026/27 budget draws mixed reactions from stakeholders

Ambitious FY 2026/27 budget draws mixed reactions from stakeholders

May 30, 2026

ECONOMY

Govt slashes duties, boosts IT and EV sectors in bold budget push

Govt slashes duties, boosts IT and EV sectors in bold budget push

The government has unveiled a sweeping budget introducing major tax reliefs for the IT sector, reforms in EV and electri...

The government has unveiled a sweeping budget introducing major tax reliefs for the IT sector, reforms in EV and electri...

May 30, 2026

ECONOMY

3% levy on private schools and hospitals raises questions on cost of education and healthcare

3% levy on private schools and hospitals raises questions on cost of education and healthcare

Introduced through the Economic Bill 2083 by Finance Minister Dr. Swarnim Wagle in Parliament on Friday, the provision r...

Introduced through the Economic Bill 2083 by Finance Minister Dr. Swarnim Wagle in Parliament on Friday, the provision r...

May 30, 2026

WORLD

Myanmar to allow replacement of old vehicles with EV

Myanmar to allow replacement of old vehicles with EV

In a notification dated May 28, the ministry said the program is part of efforts to reduce fuel consumption, improve roa...

In a notification dated May 28, the ministry said the program is part of efforts to reduce fuel consumption, improve roa...

May 30, 2026

WORLD

Pigeons may be navigating with their liver, study suggests

Pigeons may be navigating with their liver, study suggests

Animals use various techniques to navigate including following the stars and remembering key landmarks. Birds, fish and...

Animals use various techniques to navigate including following the stars and remembering key landmarks. Birds, fish and...

May 30, 2026

WORLD

Vance says progress made as US-Iran deal awaits Trump green light

Vance says progress made as US-Iran deal awaits Trump green light

Trump remained notably silent into Friday morning, despite US sources telling AFP a deal just needed his sign-off, under...

Trump remained notably silent into Friday morning, despite US sources telling AFP a deal just needed his sign-off, under...

May 30, 2026

ECONOMY

Govt budget expands spending, eases tax burden for salaried earners

Govt budget expands spending, eases tax burden for salaried earners

Finance Minister Dr Swarnim Wagle announced allocations across recurrent, capital and financial management headings that...

Finance Minister Dr Swarnim Wagle announced allocations across recurrent, capital and financial management headings that...

May 29, 2026

ECONOMY

Second Int’l airport construction model to be finalized within 6 months

Second Int’l airport construction model to be finalized within 6 months

The Nijgadh airport project, considered a national pride initiative, has remained stalled for the past four years due to...

The Nijgadh airport project, considered a national pride initiative, has remained stalled for the past four years due to...

May 29, 2026

ECONOMY

Govt raises civil servants’ salaries by 21 percent

Govt raises civil servants’ salaries by 21 percent

Presenting the budget for FY 2026/27, Finance Minister Dr Swarnim Wagle said the salaries of government employees will b...

Presenting the budget for FY 2026/27, Finance Minister Dr Swarnim Wagle said the salaries of government employees will b...

May 29, 2026

ECONOMY

Govt projects economic growth of seven percent next FY

Govt projects economic growth of seven percent next FY

In the budget announcement for the upcoming fiscal year, Finance Minister Swarnim Wagle said that the targeted economic...

In the budget announcement for the upcoming fiscal year, Finance Minister Swarnim Wagle said that the targeted economic...

May 29, 2026