Tag: economy

Economy Main News Money

Strengthening Financial Governance: NRB’s Strategic Drive to Exit FATF ‘Grey List’

Nepal Rastra Bank (NRB), in its Monetary Policy for FY 2082/83 (2025/26), has reaffirmed its commitment to improving financial integrity by taking decisive steps to remove Nepal from the Financial Action Task Force (FATF)’s “grey list.” The policy outlines a clear strategy that strengthens surveillance, investigation, and enforcement mechanisms to align with global anti-money laundering […]

Business International Main News

US Job Market Posts Solid Gains in June, But Gaps Begin to Show Amid Economic Uncertainty

The Bizonomics Nepal | July, 2025 The United States job market added 147,000 jobs in June, surpassing market expectations of 117,500 and continuing a steady pace of growth. According to data released Thursday by the Bureau of Labor Statistics (BLS), the unemployment rate dipped slightly to 4.1% from the previous month’s 4.2%. Upward revisions to […]

Business Food Main News

First Choice Food Turns Nepali Potatoes into Global French Fries Brand

Kathmandu — In a remarkable push to elevate Nepal’s agri-based manufacturing sector, First Choice Food Pvt. Ltd. (FCF) has emerged as a leading processor and exporter of French fries made from locally sourced potatoes. With the slogan “Farmers’ Effort, Our Pride,” the company is turning Nepal’s rural harvest into an international product, now being exported […]

Corporate Main News World

Tata Steel Charts Green Future: 15 Million Tonnes Through Recycling by 2040

Bizonomics News Desk | June 16, 2025 In a bold move that aligns with global decarbonization goals, Tata Steel is transforming its legacy steelmaking processes to prioritize sustainability and circularity. The company’s CEO & MD, T V Narendran, announced that Tata Steel plans to produce 10–15 million tonnes of steel through the recycling route within […]

Economy News World

Timor-Leste at a Crossroads: Turning Oil Wealth into Sustainable Growth

Dili, Timor-Leste – June 11, 2025 — More than two decades after gaining independence in May 2002, Timor-Leste has made commendable strides in stability, institution-building, and macroeconomic management. The country’s Petroleum Fund—now exceeding $18 billion—is a standout achievement, representing nearly ten times the size of its annual GDP. Timor-Leste’s ability to preserve and grow its sovereign […]

News Politics World

From New Delhi to the G7: Canada Affirms India’s Central Role in Global Affairs

In a defining moment for India’s global positioning, Canadian Prime Minister Mark Carney confirmed that Prime Minister Narendra Modi will participate in the upcoming G7 Summit hosted in Canada. Carney emphasized India’s pivotal role in global supply chains and its stature as the world’s fifth-largest—and most populous—economy as reasons why India’s presence is not just […]

Games International News

D Gukesh Defeats Magnus Carlsen in Norway Chess 2025 – A Checkmate That Could Shift Chess Economics

In a monumental moment for the global chess scene, 19-year-old Indian prodigy D Gukesh has defeated Magnus Carlsen, the five-time World Champion widely regarded as the greatest chess player of all time. This historic victory occurred during the Norway Chess 2025 tournament and marks Gukesh’s first classical win over Carlsen — a symbolic passing of […]

Business Economy News

Nepal Budget 2082/83: Strategic Reforms for Private Investment and SDG Acceleration

Kathmandu – In the fiscal year 2082/83, the Government of Nepal has placed strong emphasis on catalyzing private investment and aligning national policies with the Sustainable Development Goals (SDGs). Through key reforms highlighted in points 25 and 26 of the budget speech, the government has signaled a decisive shift toward a more agile, investment-friendly economy. […]

News

Capital Flows and Remittances in South Asia: Trends and Insights

Kathmandu, May 08– Capital flows into Emerging Market and Developing Economies (EMDEs), particularly within South Asia, have witnessed a marked slowdown since mid-2024. This trend reflects a wider global shift in investment sentiment amidst tightening monetary policies and heightened geopolitical risks. According to the World Bank and the IMF, both net foreign direct investment (FDI) […]

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