Gold traded at Rs. 135,400 per tola today
Gold traded at Rs. 135,400 per tola today
Image for Representation KATHMANDU: Gold price increased by Rs 2,000 per tola in the domestic market today. As reported by the Nepal Gold and Silver Dealers’ Association, the price of fine gold h...
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has announced today’s exchange rates for foreign currencies. The value of all foreign currencies, including the US dollar, Euro, po...
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. 8 hour ago
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Nepal braces for above-normal monsoon this year
Nepal braces for above-normal monsoon this year
For Nepal, monsoon remains a major macroeconomic event that is closely watched by the government, farmers, businesses and consumers. Most of Nepal will likely experience above-normal monsoon rains...
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. 1 day ago
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People flock to Bajhang highlands for yarsagumba harvest
People flock to Bajhang highlands for yarsagumba harvest
Local markets are buzzing with activity as people shop for stay in the mountains for months. Yarsagumba fetches up to Rs2 million a kilo in the district. Anjana Bohara from Surma Rural Municipalit...
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. 1 day ago
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Government Spending Key To Expedite Credit mobilisation
Government Spending Key To Expedite Credit mobilisation
Commercial banks have been battling falling interest rates both on the credit and deposit. The fall in the rates, which has shrunk the interest rate spread, which could badly hurt its profitability...
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. 1 day ago
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PDMO to issue bond for migrant workers offering 9% interest
PDMO to issue bond for migrant workers offering 9% interest
By A Staff Reporter,Kathmandu, May 4:The Public Debt Management Office (PDMO) is issuing the Foreign Employment Saving Bond with 9 per cent interest rate. The PDMO under the Ministry of Finance is ...
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. 1 day ago
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for May 4, 2024. According to NRB, the buying rate of one US dollar has reached 133...
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. 1 day ago
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Finance Minister Pun: No changes in tax rate under pressure
Finance Minister Pun: No changes in tax rate under pressure
Finance Minister Barsaman Pun/RSS KATHMANDU: Finance Minister Barsha Man Pun has reiterated that tax rates for the upcoming fiscal year will only be adjusted based on necessity and relevance, dism...
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. 2 day ago
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for May 3, 2024. According to NRB, the buying rate of one US dollar has been fixed ...
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. 2 day ago
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Farmers in Myagdi earn Rs 210 million from orange sales
Farmers in Myagdi earn Rs 210 million from orange sales
Image for Representation MYAGDI: The farmers of Myagdi district have generated over Rs 210 million this year through the sale of oranges, the main agricultural produce of the region. According to...
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. 3 day ago
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Risk-bearing vital for economic achievements: Finance Minister Pun
Risk-bearing vital for economic achievements: Finance Minister Pun
Kathmandu, May 2: Finance Minister Barshaman Pun has said the cooperation of former administrators and economic experts is needed to make the budget for an upcoming fiscal year objective and in com...
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. 3 day ago
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Gold price increases by Rs 2,000 per tola
Gold price increases by Rs 2,000 per tola
Kathmandu, May 2 Gold decreased by Rs 2,700 tolas (11.66 grams) on Wednesday and increased by Rs 2,000 on Thursday. According to the Federation of Nepal Gold and Silver Dealer’s Association, gold ...
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. 3 day ago
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The price of eggs decreased
The price of eggs decreased
Kathmandu, May 2 The Association of Layer Poultry Farmers of Nepal has set a new support selling price for eggs. The virtual meeting of the union held on Wednesday decided the new support price to...
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. 3 day ago
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Rs 635.7 mln revenue collected from mountaineering in two months
Rs 635.7 mln revenue collected from mountaineering in two months
By TRN Online, Kathmandu, May 2: The revenue of Rs 635 million has been collected from March 1 to April 29 from the mountain summit.
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Gold price up by Rs 2,000 per tola today
Gold price up by Rs 2,000 per tola today
Image for Representation KATHMANDU: Gold price increased by Rs 2,000 per tola in the domestic market today. As reported by the Nepal Gold and Silver Dealers’ Association, the price of fine gold h...
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. 3 day ago
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The End of Magical Debt Thinking
The End of Magical Debt Thinking
For over a decade, numerous economists – primarily but not exclusively on the left – have argued that the potential benefits of using debt to finance government spending far outweigh any associated...
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. 3 day ago
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Growth Projection
Growth Projection
As the economy is struggling to come out of the crippling impact of recession, here is good news – it is gradually improving since the last fiscal year. According to an estimate of National Statist...
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. 3 day ago
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The corporate takeover of India’s media
The corporate takeover of India’s media
December 30, 2022, was a day to forget for India’s already badly mauled and tamed media. For, that day, influential – and, for many, controversial – Indian businessman Gautam Adani, then the world...
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. 3 day ago
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for May 2, 2024. According to NRB, the buying rate of one US dollar has reached 133...
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. 3 day ago
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Finance Minister Pun asserts 4.5 percent economic growth potential
Finance Minister Pun asserts 4.5 percent economic growth potential
Finance Minister Barshaman Pun/File photo. KATHMANDU: Finance Minister Barsha Man Pun has claimed that country’s economy was coming out from a slowdown. Positive indicators are seen in the nation...
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. 4 day ago
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Gold price decreased by Rs 2700 on Wednesday
Gold price decreased by Rs 2700 on Wednesday
Kathmandu, May 1 On Wednesday, the price of gold decreased by Rs 2,700 per tola (11.66 grams). According to the Federation of Nepal Gold and Silver Dealers Association, gold is being traded at Rs...
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. 4 day ago
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Gold price down by Rs 2,700 per tola today
Gold price down by Rs 2,700 per tola today
Image for Representation KATHMANDU: Gold price decreased by Rs 2,700 per tola in the domestic market today. As reported by the Nepal Gold and Silver Dealers’ Association, the price of fine gold h...
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. 4 day ago
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Putting People And Planet Before Profit
Putting People And Planet Before Profit
Investment is traditionally defined as the commitment of resources to achieve later benefits. Investment of resources could include both tangible and intangible goods. For example, investment of qu...
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. 4 day ago
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British investors for double taxation avoidance agreement
British investors for double taxation avoidance agreement
The UK investors are also looking for investment protection through the bilateral investment treaty, which protects companies from any policy changes while doing business. As Nepal is graduating f...
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. 4 day ago
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Nepal to grow 3.87 percent, says statistical agency
Nepal to grow 3.87 percent, says statistical agency
There’s no environment to achieve double-digit growth anytime soon. The government needs to boost spending and encourage private sector to spend more. Nepal is expected to grow by 3.87 percent in ...
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. 4 day ago
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Damak’s business tower stands deserted ahead of inauguration
Damak’s business tower stands deserted ahead of inauguration
Business tower in Damak of Jhapa district/File Photo JHAPA: Traders, businessmen, and locals of Jhapa are voicing concerns over the enigmatic Business Tower, valued at over NRs 2 billion, question...
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. 4 day ago
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the foreign currency exchange rate for May 1, 2024. According to NRB, the buying rate of one US dollar has reached 133 ru...
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. 4 day ago
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NOC slashes prices of fuel
NOC slashes prices of fuel
Nepal Oil Corporation. (File photo/Khabarhub) KATHMANDU: The Nepal Oil Corporation (NOC) has reduced the price of diesel and kerosene. The price of diesel and kerosene has been decreased by two r...
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. 4 day ago
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Finance Minister Pun, World Bank’s Vice President Rager meet in Kathmandu
Finance Minister Pun, World Bank’s Vice President Rager meet in Kathmandu
Finance Minister Barshaman Pun/File photo. KATHMANDU: Finance Minister Barshaman Pun and Martin Rager, Vice President of the World Bank for South Asia, convened today in Kathmandu. Rager, current...
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. 5 day ago
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Nepal’s economic growth rate 3.87 percent this year: CBS
Nepal’s economic growth rate 3.87 percent this year: CBS
Central Bureau of Statistics. (File photo) KATHMANDU: The Central Bureau of Statistics (CBS) has estimated that Nepal’s economic growth rate will be 3.87 percent this year. This projection sugges...
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. 5 day ago
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Investment Summit impact on NEPSE, stock market rises by 25.93 points
Investment Summit impact on NEPSE, stock market rises by 25.93 points
Image for Representation. KATHMANDU: Following the conclusion of the Third Investment Summit on Monday, the Nepal Stock Exchange (NEPSE) has witnessed a resurgence on Tuesday. On the third day of...
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. 5 day ago
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NEPSE: The stock market exceeded 2,000 points
NEPSE: The stock market exceeded 2,000 points
Kathmandu, April 30 On Tuesday, the stock market exceeded 2,000 points. Compared to the previous day, the NEPSE index increased by 25.93 points and remained at 2006 points. Similarly, the transact...
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. 5 day ago
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Rs13.4 million stolen from a bank in Birgunj
Rs13.4 million stolen from a bank in Birgunj
Burglars entered the bank by breaking a padlock and stole the money stored in metal boxes, police say. Thieves absconded with Rs13.4 million from a Birgunj branch of Nabil Bank overnight on Sunday...
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. 5 day ago
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Gold prices remain unchanged today
Gold prices remain unchanged today
Image for Representation KATHMANDU: Gold prices remained unchanged in the domestic market today. As reported by the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fix...
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. 5 day ago
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Winner of $1.3 billion Powerball jackpot is an immigrant from Laos who has cancer
Winner of $1.3 billion Powerball jackpot is an immigrant from Laos who has cancer
One of the winners of a $1.3 billion Powerball jackpot this month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week. Cheng “Charlie” ...
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. 5 day ago
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Ease Investment
Ease Investment
On Sunday, Nepal's 3rd Investment Summit started in Kathmandu, pulling together scores of global investors desirous of pouring their money in untapped areas of development. Poised to achieve rapid ...
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. 5 day ago
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Third Nepal Investment Summit concludes
Third Nepal Investment Summit concludes
All major parties unite in appealing with foreigners to invest in Nepal. The third Nepal Investment Summit concluded on Monday with the major parties appealing with foreign investors to increase i...
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. 5 day ago
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Energy Minister appeals investors to tap Nepal’s renewable resources
Energy Minister appeals investors to tap Nepal’s renewable resources
By A Staff Reporter,Kathmandu, Apr.30: Minister of Energy, Water Resources and Irrigation Shakti Bahadur Basnet has urged domestic and foreign investors to participate in Nepal government's campaig...
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. 5 day ago
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has announced today’s exchange rates for foreign currencies (Tuesday). According to NRB, the buying rate for 1 US dollar stands at ...
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. 5 day ago
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Nepal ready to take-off its journey to rapid economic development, says leader Oli
Nepal ready to take-off its journey to rapid economic development, says leader Oli
Kathmandu, April 29: Former Prime Minister and Chairperson of CPN (UML) KP Sharma Oli has said that the immediate objective of Nepal's current journey is to create a strong foundation for high, bro...
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. 6 day ago
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Australian investment roped in for building resort in Rara
Australian investment roped in for building resort in Rara
Leaders and foreign investors in Nepal Investment Summit held in Kathmandu. KATHMANDU: Australian investment has been brought in for opening a luxurious resort in the vicinity of Rara Lake area of...
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. 6 day ago
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NEPSE: Finance gained 4 % in the stock market
NEPSE: Finance gained 4 % in the stock market
Kathmandu, April 29 On Monday, the stock market rose slightly. The market index NEPSE increased by 0.07 compared to the previous day and remained stable at 1980 points. The turnover has increased....
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. 6 day ago
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3rd Investment Summit: Investments worth Rs 9.13 billion approved
3rd Investment Summit: Investments worth Rs 9.13 billion approved
Kathmandu, April 29: Investments worth Rs 9.13 billion have been approved for four different projects through the Department of Industry under the 3rd Nepal Investment Summit 2024.
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. 6 day ago
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NEPSE witnesses nominal rise, two companies increase by 10 percent
NEPSE witnesses nominal rise, two companies increase by 10 percent
Image for Representation. KATHMANDU: There hasn’t been any significant fluctuation in the Nepal Stock Exchange (NEPSE) today, as the stock market grew by 0.7 percent today. NEPSE, which had risen...
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. 6 day ago
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Goals of 16th Plan have been determined as per nation’s needs: NPC Vice Chair
Goals of 16th Plan have been determined as per nation’s needs: NPC Vice Chair
Vice Chairman of the National Planning Commission, Dr Min Bahadur Shrestha/File Photo KATHMANDU: Vice Chairman of the National Planning Commission (NPC), Dr Min Bahadur Shrestha, has said that the...
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. 6 day ago
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MoUs signed with Chinese companies for investment facilitation
MoUs signed with Chinese companies for investment facilitation
Flags of Nepal (L) and China. KATHMANDU: Two memorandum of understanding (MoU) have been signed whereby Nepal’s private sector will facilitate in bringing in investment from Chinese companies. In...
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. 6 day ago
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FNIC, IIA agree for trade, investment cooperation
FNIC, IIA agree for trade, investment cooperation
Kathmandu, April 29: The Federation of Nepalese Industries and Commerce (FNIC) and the Indian Industries Association (IIA) inked a Memorandum of Understanding (MoU) for a bilateral cooperation. Thi...
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. 6 day ago
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Nepal-China economic relations high as Himalayas: Minister Bhandari
Nepal-China economic relations high as Himalayas: Minister Bhandari
Minister for Industry, Commerce and Supplies, Damodar Bhandari/File photo KATHMANDU: Minister for Industry, Commerce and Supplies, Damodar Bhandari, has said the trade relations between Nepal and ...
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. 6 day ago
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Nepal Investment Summit: WAPP and NAPPP sign MoU for PPP collaboration
Nepal Investment Summit: WAPP and NAPPP sign MoU for PPP collaboration
Nepal Investment Summit 2024/File KATHMANDU: The ongoing Third Investment Summit in Kathmandu witnessed a significant development as the World Association of PPP Units and Professionals (WAPP) and...
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. 6 day ago
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Nepal Investment Summit: Two organisations sign MoU for PPP Cooperation
Nepal Investment Summit: Two organisations sign MoU for PPP Cooperation
Kathmandu, April 29 : The World Association of PPP Units and Professionals (WAPP) and the Nepalese Association of PPP Professionals and Practitioners (NAPPP) have signed a Memorandum of Understandi...
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. 6 day ago
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