Economy

IMF’s economic view: A brighter outlook for US but still-tepid global growth

4 weeks ago

WASHINGTON (AP) — The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China. It...

Former DIG Joshi interrogated in Rupandehi cooperative fraud case

4 weeks ago

Butwal, October 22 — The statement from former DIG Chhabilal Joshi began on Tuesday at the District Attorney's Office in Rupandehi. He was brought to Bhairahawa from Kaski on Monday...

Gold prices continue to surge, reaches NPR 165,900 per tola

1 month ago

Kathmandu, October 22 — The price of gold has risen again in the Nepali market on Tuesday. Following the Dashain festival, gold prices have been steadily increasing, setting one record...

Finance Minister Paudel heads to Washington

1 month ago

Kathmandu, October 22 — Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has departed for the United States. He left for Washington, D.C. last night to participate in...

NEPSE sees decline: Index drops 58 points

1 month ago

Kathmandu, October 21 — Both the Nepal Stock Exchange (NEPSE) index and trading volume experienced a decline on Monday. The market dropped by 58 points, bringing the index down to 2,640...

Gold prices set historic records for five consecutive days

1 month ago

Kathmandu, October 21 — The price of gold has been setting historic records continuously for the past five days. Following the reopening of the gold and silver market...

Government to issue NPR 23.5 billion in Treasury Bills

1 month ago

Kathmandu, October 21 — The government is set to issue treasury bills worth approximately NPR 23.5 billion on Monday. The Public Debt Management Office has announced an auction for treasury...

NEPSE declines by 47.44 points

1 month ago

Kathmandu, October 20 — The Nepal Stock Exchange (NEPSE) fell by 47.44 points on Sunday. Trading began at 2,733 points but quickly dropped to 2,697 points within moments. After experiencing...

Global IME Bank partners with University of Innsbruck to promote sustainable housing technologies

1 month ago

Kathmandu, October 20 — Global IME Bank has signed an agreement with the University of Innsbruck, Austria, under the Switch Asia Grant Program, with financial support from the European Union....

Gold price reaches new record, trading at NPR 165,000 per tola

1 month ago

Kathmandu, October 20 — The price of gold in the Nepali market continues to rise. According to the Federation of Nepal Gold and Silver Dealers Association, the price of hallmark...

Tanahun hydropower project sees above 50 per cent progress

1 month ago

Damauli (Tanahun), October 20 — The Tanahun hydropower project with a capacity of 140 MW has achieved a progress of 58.1 percent. The work on the hydel is being...

Netflix raises prices as password boost fades

1 month ago

Baby Reindeer, created by and starring Richard Gadd, has been a big hit for Netflix. (Netflix) New York, October 18 — Netflix is starting to raise prices in some...

Former DIG Joshi asserts innocence amid ongoing investigative proceedings

1 month ago

Kathmandu, October 18 — Former Deputy Inspector General (DIG) Chhabilal Joshi is currently in police custody on charges of embezzling funds from the Surya Darshan Cooperative. He was apprehended on...

Nepal's gold market sees record pricing

1 month ago

Kathmandu, October 18 — The price of gold has surged by 2,000 rupees in a single day. According to the Federation of Nepal Gold and Silver Dealers Association,...

Government prepares to resume operations at Tikapur Airport

1 month ago

Kathmandu, October 18 — The government is preparing to resume operations at the Tikapur Airport in Kailali. The Ministry of Culture, Tourism, and Civil Aviation has stated that the government...

NAC pays Rs 6.32 billion loan

1 month ago

Kathmandu, October 17 — The Nepal Airlines Corporation (NAC) has so far paid back Rs 6 billion 328 million 597 thousand of the loan it had taken for purchasing aircraft...