Nepal’s churpi industry is making remarkable strides in the international market, with exports reaching an impressive Rs 1.15 billion in the first four months of the current fiscal year. This achievement highlights the growing global demand for this traditional Himalayan product, often referred to as one of the hardest cheeses in the world. In the first four months, Nepal exported 621,747 kg of churpi to countries across the globe. The United States emerged as the dominant market, accounting for approximately 90% of total exports......

Nepal's economy, in the period leading up to mid-November 2024, has shown a resilient yet nuanced performance, navigating through inflationary pressures, external trade challenges, and fluctuating remittance inflows. While consumer price inflation remains steady at 5.60%, reflecting the delicate balance of rising food prices and subdued non-food costs, the country has witnessed promising growth in its foreign trade, with exports rising by 4.2% and imports by a modest 0.2%. Remittances, the lifeblood of many households, saw a healthy 9.1% increase in Nepali Rupee terms, cushioning the effects of global economic uncertainty.....