Economy

Apollo Hydropower Opens IPO for Affected Locals and Nepalis Abroad

4 months ago

Apollo Hydropower has opened its Initial Public Offering (IPO) for affected local residents and Nepalis working abroad. The hydropower company's primary shares opened for subscription starting Monday.The company is issuing...

Stricter Quarantine Measures on Indian Imports Boost Domestic Banana Sales in Nepal

4 months ago

Chitwan. Following the government's tightening of quarantine measures, the import of bananas from India has decreased, leading to an increased demand for domestically produced bananas. Ghananath Mahato, Chairman of the...

Social Security Fund Accumulates Over NPR 102 Billion in Contributions

4 months ago

Over NPR 102 billion contributed by members has been deposited in the Social Security Fund. As of Falgun 10, NPR 102.54 billion has been accumulated in the fund.The formal launch...

Gold Prices Increase in Nepali Market Amid Global Trends

4 months ago

Kathmandu. The price of gold has increased today. According to the Federation of Nepal Gold and Silver Traders, today, hallmarked gold is being traded at NPR 313,500 per tola.According to...

Avocado Crops in Chitwan Hit by Severe Canker Disease, Threatening Farmers' Livelihoods

4 months ago

Chitwan. Farmers in various areas of Chitwan district are facing serious problems after a severe type of disease infection was recently observed in commercially grown avocado crops. The 'canker' or...

Nepal Rastra Bank Publishes Foreign Exchange Rates for Monday

4 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Monday). Accordingly, the buying rate for one US Dollar has been set at 145.28 Rupees and the...

Nepal Imports NPR 57.88 Billion in Agricultural Goods in Seven Months, Impacting Trade Deficit

4 months ago

In Nepal, an agrarian nation, a significant amount of money is being spent on importing agricultural products, ranging from rice and grains to vegetables, from foreign countries. According to import...

Post-Protest Survey Reveals Historic Low in Investor Confidence Following 'Gen-Z' Unrest

4 months ago

Most political parties have already published their manifestos for the House of Representatives election scheduled for this coming Falgun 21. In their manifestos, they consider the private sector the main...

Nepal Stock Exchange Index Plummets by Over 27 Points

4 months ago

The Nepal Stock Exchange (NEPSE) index has seen a significant drop today. The NEPSE index fell by 27.59 points to settle at 2,614.55. This represents a decline of one decimal...

Nepal Aims to Cut Import Bill by Rs 6 Billion Annually Through Ethanol Blending in Petrol

4 months ago

Kathmandu. Minister for Industry, Commerce and Supplies Anil Kumar Sinha stated that blending 10 percent ethanol in petroleum products could reduce Nepal's annual import bill by approximately 6 billion Nepali...

Cardamom Exports Surge at Mechi Customs in First Seven Months of Fiscal Year, While Tea Trade Declines

4 months ago

Jhapa. Cardamom exports from the Mechi Customs Office have shown significant improvement up to the end of Magh in the current fiscal year 2082/83. According to the customs office data,...

Nepal Prepares to Implement Policy Mandating 10% Ethanol Blending in Petrol

4 months ago

Kathmandu. Nepal is preparing to swiftly implement a policy to mix 10 percent ethanol with petrol. During a program organized here today by the Society of Economic Journalists, Nepal (SEJON)...

Cardamom Exports Surge in First Seven Months of Fiscal Year

4 months ago

Kathmandu. Cardamom worth NPR 8.61 billion has been exported in seven months. According to data published by the Department of Customs, 4153.15 metric tons of cardamom, valued at NPR 8.61207...

Wholesale Price of Lemon Surges by Over 177% in One Month

4 months ago

Kathmandu. In recent times, an increase in the price of lemons has been observed. The wholesale price of lemons has increased by 177.49 percent over a one-month period.According to the...

Gold Prices Rise on First Day of Trading Week in Nepal

4 months ago

Kathmandu. The price of gold increased on Sunday, the first trading day of the week. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of gold...

Kalimati Market Releases Wholesale Prices for Fruits and Vegetables

4 months ago

The Kalimati Fruit and Vegetable Market Development Committee has set the wholesale prices for agricultural produce for today. According to the committee, large tomatoes (Indian) are priced at NPR 70...