Rising NEPSE index spurs surge in share mortgage loans

3 months ago

Kathmandu, August 20 - As the NEPSE stock market index continues its upward trajectory, the trend in share mortgage loans is also on the rise. According to Nepal Rastra...

'Low revenue, soaring public debt creates problem in mobilizing development finance'

3 months ago

Kathmandu, August 20 - Deputy Prime Minister and Finance Minister, Bishnu Prasad Paudel, has said it is challenging to manage resources for development in the face of the weakening capacity...

Nepalis spent 1.89 trillion rupees on foreign travel last year

3 months ago

Kathmandu, August 19 - The annual report reveals a strong interest among Nepalis in both domestic and international travel. In the last financial year (2080/81), Nepalis spent 1 trillion 89...

Nepal to export 251 MW of power to India

3 months ago

Kathmandu, August 19 - The Government of India has approved the import of 251 megawatts of electricity from 12 hydropower projects in Nepal. The Indian Embassy in Nepal announced on...

Supreme Court bans Yashoda Foods from using Wai Wai trademark

3 months ago

Kathmandu, August 19 - The Supreme Court has directed Yashoda Foods to cease using a trademark that resembles Wai Wai Noodles. The ruling was issued on August 16th by a...

Lumbini EVs stuck due to legal barriers

3 months ago

Butwal, August 19 - Electric vehicles purchased by the Asian Development Bank (ADB) for the Lumbini Development Trust to transport tourists have been stalled in Lumbini for the past five...

Country sees 5.44 percent annual average inflation FY 2023/24

3 months 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

3 months 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

3 months 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

3 months 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

3 months 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

3 months 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

3 months 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

3 months 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

3 months 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...