Eastern tea industries closed after India's blockade, 60,000 jobs in crisis
-
Media Baaji
- Thu, 18 June 2026
Kathmandu. After India imposed an unannounced ban on Nepali tea exports, the tea industries of Elam and Jhapa have started to close down. 56 industries in Elam have already been closed, while more than 30 industries and about two dozen tea gardens in Jhapa have also been closed since Thursday.
According to the Nepal Tea Producers Association, the tea produced has been stored in warehouses due to the halt in exports. According to the association, the industry was forced to close after repeated requests to the government to solve the problem were not heard. Union president Aditya Parajuli has warned that the bandh program will continue until the obstruction imposed by India is removed.
Express
Related News
What is the exchange rate of foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 45 paisa and the selling rate is 142...
Rastra Bank will collect 1 trillion 25 billion deposits today, more liquidity in the market
Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion 25 billion rupees again this Friday to manage excess liquidity in the financial system. Even after two weeks of formation of the new government, since the liquidity press...
5 lakh more income in one year from flower farming
Walling. Tulsiram Bhandari of Chapakot Municipality-1 Chowghera in Syangja has been earning five lakhs more in a year from commercial flower farming. He, who is also a former teacher, has been cultivating flowers targeting Dasain and Tihar.
<...
Yambaling Hydropower will issue an IPO to the general public from May 16
Kathmandu. Yambaling Hydropower Company Limited is going to issue an IPO to the general public from the 16th of Baisakh. In the first phase, after distributing the IPO to project-affected and foreign employed Nepalis, the second phase is to issue...
More liquidity in banking system, Rashtra Bank pulling 50 billion today
Kathmandu. Nepal Rastra Bank is going to withdraw 50 billion rupees from the banking system today, January 28th. To manage excess liquidity, the central bank is using deposit collection tools to withdraw money from the banking system.
...
NEPSE increased by 9.78 points today, turnover of 3.94 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.78 points to 2550.36. During the day, 88 lakh 93 thousand 778 shares of 335 companies were bought and sold, with a turnover of 3.94 billi...