This study empirically examines the macro-economic factors of the stock market performance in

Several factors influence the stock market; they trigger market over-or under-reactions. The paper aims to identify the effect of a major catastrophic event on stock returns. For this, daily data of stock market indices was used with a total of 210 observations and the effect of catastrophic event, Nepal Earthquake 2015, was tested using the method of event analysis for different event windows. The catastrophic event did not affect stock returns significantly and was resilient to earthquake-induced shocks. The event window (+2, +10) shows the higher and positive abnormal returns which depicts that the market has recovered from the shock in as many as three days. The study shows that stock market in Nepal is semi-strongly inefficient.

Small businesses are the backbone of the economy in developing countries like Nepal. In such circumstances, small-scale businesses are more appropriate ones in the process of the economic development of the nation. This study pursues to contribute to the experiential understanding of the important and financial hurdles in small business enterprises in Nepal. This paper is based on primary data which are collected from 403 entrepreneurs in small business enterprises. The survey shows more than ninety percent of respondents feel different factors constraining the financial aspect of small businesses while a negligible percent of respondents do not feel any challenges.

Background: Industry 4.0 is the revolution of industrial process along with the adaptation of technological changes and advancement. With the passage of time industry 4.0 has been catching the attention of industries all over the world. Various studies and literatures seem to be emerging regarding industry 4.0 around the globe. However, in Nepalese context no study has been conducted on the particular field. Objective:This study aims to study the current status of industries in Kathmandu valley and analyzes the factors affecting industrial readiness for industry 4.0 amidst the effects of the pandemic. It tries to review the industrial readiness for industry 4.0 in Nepal. Methods: Systematic literature review was conducted to analyze various literatures around the world along with 20 empirical reviews to make this study more efficient. Also, conceptual framework was developed to draw roadmap of the study. Results: We found that Nepal has got many problems in adoption of the concept of Industry 4.0. Our study noticed that along with the involvement of much unskilled labor force in industries, lack of infrastructural development and innovation, and ineffective government policy are the vital ones. Conclusion and implication: This study concludes that Nepal has huge unskilled workers relatively to skilled workers that are means for adaptation of new technologies, replacing manual work and the government from policy level needs to focus on this. This study will be beneficiary for Ministry of Information and technology, Ministry of industry, Ministry of Education, Health and science, Policy makers, Foreign as well as domestic investors, and for authors and graduating students in understanding industries readiness for 4.0 in Nepal.

The objective of this paper is to analyse the role of tourism in the Nepalese economic growth. I use a trivariate model of real Gross Domestic Product (GDP), international tourist arrivals and real effective exchange rate to investigate the long-run and short-run relationship between tourism and economic growth. The Augmented Dickey-Fuller ( ADF) test is used to determine the order of integration of the series, and I employ the Engle- Granger cointegration procedure to test for the presence of long-run relationship. By using annual macroeconomic data for Nepal for the period of 1962-2011, results reveal that there is a cointegrating relationship between tourism and economic growth.