Economy

Country sees 5.44 percent annual average inflation FY 2023/24

1 year ago

Kathmandu, August 18 - Country's annual average inflation stood at 5.44 percent last fiscal year. The inflation remained within the expected ceiling. According to the Current Macroeconomic and...

Nabil Bank to close shareholder register on August 23

1 year ago

Kathmandu, August 18 - Nabil Bank will close its shareholder register book on August 23rd. According to a decision made by the bank’s board of directors on August 11th,...

NEA extends national grid power to Gosainkunda first time

1 year ago

Kathmandu, August 18 - For the first time, electricity from the national transmission line has reached Gosainkunda, the famous holy site in Rasuwa district of Bagmati province. This will...

Insider Trading: Up to three years in prison proposed

1 year ago

Kathmandu, August 18 - A new proposal suggests that individuals involved in 'insider trading' in the stock market could face penalties of up to three years in prison. The...

Gold Prices soar to record 152,600 rupees per tola

1 year ago

Kathmandu, August 18 - Gold prices have reached a new all-time high in Nepal’s market on Sunday. According to the Nepal Gold and Silver Traders Association, worked gold was priced...

FNCCI hails Ministry's step to form Economic Reform Commission

1 year ago

Kathmandu, August 17 - The FNCCI welcomed the Ministry of Finance's move to form a high-level Economic Reform Commission. Issuing a press statement here today, the Federation...

'Start-Up Enterprises Loan Operation Procedure' in effect

1 year ago

Kathmandu, August 17 - The Ministry of Industry, Commerce and Supply has approved 'Start-Up Enterprises Loan Operation Procedure, 2081' and brought it into effect. Sharing the activities to provide...

Nepal Airlines revenue doubles in three years, reports 144% increase

1 year ago

Kathmandu, August 16: Nepal Airlines Corporation (NAC) has clarified that three of its aircraft are currently operating on international routes. Additionally, one A330 aircraft and nine ALY aircraft are scheduled...

Gold price decreases by 900 per tola

1 year ago

Kathmandu, August 16 - Price of gold has decreased by Rs 900 per tola (11.66 grams) in the domestic market today. The Federation of Nepal Gold and Silver Dealers...

MoF unveils 100-day economic action plan

1 year ago

Kathmandu, August 16: The Ministry of Finance has announced a 100-day action plan designed to boost the country’s economic performance. The plan includes several major initiatives, such as establishing a...

Budget holiday in Sudurpaschim: Legal issues affect new draft

1 year ago

Dhangadhi, August 16: The unveiling of the new budget for Sudurpaschim Province has encountered legal complications. The budget allocation bill presented by the previous government on June 15 failed to...

Eight suspension bridges built in Myagdi

1 year ago

Myagdi, August 16 : Eight suspension bridges were constructed in the fiscal year 2080/081 BS and three others are under construction in rural areas of Myagdi district. Three bridges...

NOC lowers fuel prices: Petrol drops by Rs. 5, diesel and kerosene by Rs. 3

1 year ago

Kathmandu, August 15: The Nepal Oil Corporation has announced a reduction in the prices of petroleum products. Following a board meeting on Thursday, the corporation decided to cut the...

World Bank to boost budgetary assistance for Nepal

1 year ago

Kathmandu, August 15: The World Bank is set to boost its budgetary assistance to Nepal. In a virtual meeting with Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel,...

Prabhu Bank and Buddha Air agree on discount deal

1 year ago

Kathmandu, August 15: An agreement has been reached between Prabhu Bank and Buddha Air to offer discounts on air services. Under the agreement, both Prabhu Bank employees and customers...

Stock market turnover exceeds Rs 29.95 billion

1 year ago

Kathmandu, August 15: The stock market set a new record on Thursday marking the highest turnover ever. On the last trading day of the week, the market surged past the...