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 Tuesday?
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 52 paisa and the selling rate is 142...
42.58 points decline in NEPSE, turnover above 14.16 billion
Kathmandu. On the third trading day of the week, NEPSE index decreased by 42.58 points and remained at the point of 2726.51. 14 billion 1671 million shares were traded during the day when 32 million 62 thousand 710 shares of 333 companies were bou...
China to launch new action plan to strengthen digital currency management and operations
Kathmandu. China has announced that it will launch a new 'action plan' to strengthen the management and operation of its digital currency from January 1. Lu Lei, the deputy governor of People's Bank of China PBOC, the country's central bank, gave...
The price of gold decreased, how much is the transaction being done?
Kathmandu. On Tuesday, the price of gold decreased in the local market. According to the Nepal Gold and Silver Traders Federation, the price of gold has fallen by 1,600 rupees in today's business. According to the federation, today the price...
National Life honored the CEO Club members of Bagmati Province
Kathmandu. National Life Insurance Company Ltd. has completed the CEO Club member honor program under the chairmanship of the company's chief executive officer at Wave Hospitality located in Kathmandu. In financial year 2081/82, more than 500 agen...
Increasing Nepalese access to financial services: significant improvement in the index
Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...