Economy

Nepal Stock Exchange Index Sees Marginal Recovery After Two-Day Decline

5 months ago

Kathmandu. The Nepal Stock Exchange (NEPSE) index, which had fallen in the previous two trading days, showed a slight improvement on Wednesday. Today, the NEPSE index increased by five point...

Excess Liquidity Poses Challenge for Nepal's Banking Sector Amid Low Credit Demand

5 months ago

Kathmandu. Managing excess liquidity has become a challenge faced by the entire banking and financial sector in the country. Deposits collected from the general public in various commercial banks, development...

Digital Donations: A Revolutionary Step Towards Transparent Politics and Curbing Corruption in Elections

5 months ago

While scrolling through Facebook yesterday, my attention was caught by a post from a political candidate seeking campaign funds by sharing their bank's QR code on their wall. Seeing that...

National Cooperative Regulation Authority Enters Second Year Amidst Challenges of Manpower and Legal Gaps

5 months ago

Kathmandu. The National Cooperative Regulation Authority has entered its second year. The authority, established on Magh 14, 2081, through the Cooperative Ordinance, is preparing to celebrate its first anniversary.The authority...

Gold Price Hits New Record High in Nepali Market

5 months ago

Kathmandu. The price of gold set a new record in the Nepali market on Wednesday. According to the Federation of Nepal Gold and Silver Traders, the price of hallmarked gold...

Conflicting Reports Emerge Over LPG Gas Shortage in Nepal Amid Rising Winter Demand

5 months ago

Complaints are surfacing in the market regarding a shortage of cooking gas (LPG) at present. Consumers report returning empty cylinders after sellers responded with "no gas available" when they went...

Nepal Rastra Bank Announces Wednesday's Foreign Exchange Rates

5 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Wednesday). Accordingly, the buying rate for one US Dollar has been set at 146 rupees 46 paisa...

Nepal's Finance Ministry Prepares Mid-Year Budget Review Amidst Low Spending and Potential Cuts

5 months ago

Kathmandu. The Ministry of Finance is preparing to publish the mid-year review of the current fiscal year's budget by Magh 25. The ministry began the mid-year budget review process in...

National Planning Commission Vice Chairman Urges Youth to Choose Entrepreneurship Over Jobs for Economic Progress

5 months ago

Kathmandu. Vice Chairman of the National Planning Commission, Dr. Prakash Kumar Shrestha, has advised youths to set their goals early in life and move forward. Addressing the 'Second National Cooperative...

Nepal Police Arrest Six in Connection with Years-Long 'Fake Rescue' Scam Targeting Tourists

5 months ago

Kathmandu. On Sunday, the Central Investigation Bureau (CIB) of Nepal Police arrested six individuals accused of fraud through 'fake rescues.' This police unit, which received responsibility for investigation from a...

Nepal Reinsurance Company Puts 2.17 Million Shares Owned by United Ajod Insurance Up for Auction

5 months ago

Kathmandu. 2,171,935 shares belonging to the founding group of Nepal Reinsurance Company Limited have been put up for auction. These shares are currently owned by United Ajod Insurance Company.According to...

Nationwide Strike Disrupts Public Sector Banks in India Over Five-Day Work Week Demand

5 months ago

New Delhi. Operations at public sector banks across India were affected on Tuesday after the United Forum of Bank Unions (UFBU) called for a nationwide strike demanding a five-day work...

Intense Competition in Nepal's Internet Market Sees WorldLink Dominate Customer Acquisition

5 months ago

Intense competition is currently underway among more than two dozen companies in the Nepali internet market. Data recently published by the Nepal Telecommunications Authority indicates a race among companies to...

Baglung Municipality Accelerates Construction of Tourist Infrastructure at 'Blue Hill'

5 months ago

Baglung. Construction of tourist infrastructure is gaining momentum at 'Blue Hill' in Ward No. 9, which is considered a prestigious project of Baglung Municipality. The municipality has moved forward with...

Gold Prices See Slight Increase in Nepali Market

5 months ago

Kathmandu. The price of gold saw a slight increase in the Nepali market on Tuesday. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of hallmark...

Cooking Oil and Rice Prices Surge in Nepal Ahead of Elections, Prompting Regulatory Scrutiny

5 months ago

Kathmandu. The prices of rice and edible oil have increased in the market just before the elections. The Department of Commerce, Supply and Consumer Protection stated that complaints have been...