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ECONOMY

NEPSE drops 105 points to 2,676 as seven companies hit negat...

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The Nepal Stock Exchange (NEPSE) index fell sharply on Sunday, dropping 105.50 points (3.79 percent) to close at 2,676.68 points on the first trading day of the week.
9 hours ago
ECONOMY

NRB to mop Rs 40 billion from BFIs for liquidity management

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Nepal Rastra Bank (NRB) is set to mop Rs 40 billion from the market for liquidity management. The central bank will conduct this through a bidding process for a tenure of 56 days.  
9 hours ago
ECONOMY

Forex update: US Dollar selling at Rs 149.97

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The buying rate of the US dollar stands at Rs 148.67, while the selling rate is Rs 149.97. Similarly, the euro has a buying rate of Rs 171.62 and a selling rate of Rs 172.31, while the British pound sterling is being traded at Rs 196.76 for buying and Rs 197.55 for selling.
12 hours ago
ECONOMY

Gold and silver prices remain stable in domestic market

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According to the Nepal Gold and Silver Traders’ Association, the rate of pure gold is Rs 294,000 per tola.
13 hours ago
ECONOMY

DoTM awaits government’s green signal to revise transport fa...

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Travelers using public transport services are likely to face another fare increase in three weeks, as the Department of Transport Management (DoTM) has proposed that the government hike fares citing recent rises in petroleum prices.
17 hours ago
ECONOMY

Govt forms a panel to facilitate PPA issuance process for po...

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The government has formed a high-level committee to study the current situation of Power Purchase Agreement (PPA) with an aim to make the related work more result-oriented, transparent and accountable.
18 hours ago
ECONOMY

15 int’l flights to Gulf cancelled amid Middle East conflict

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The Civil Aviation Authority of Nepal (CAAN) has cancelled 15 international flights scheduled for Saturday, citing ongoing airspace restrictions in the Middle East.
1 day ago
ECONOMY

PSPP programme to bolster private sector morale: FNCCI Chief

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President of the Federation of Nepalese Chambers of Commerce and Industry, Chandra Prasad Dhakal, has said that the government’s Private Sector Protection and Promotion Programme (PSPP) will help boost the morale of the private sector.
1 day ago
ECONOMY

NMA expresses concern over Everest expedition allegations, u...

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In a press release issued on Friday, the NMA described the allegations as “unimaginable” for expedition operators and warned that unverified claims could damage Nepal’s global reputation as a leading mountaineering destination.
1 day ago
ECONOMY

NOC facing daily loss of Rs 880 million on fuel

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Calls to reduce tax burden to provide relief to consumers Currently, NOC said it is selling petrol at a loss of Rs 47.12 per liter, diesel at Rs 133.45 per liter, and LPG gas at Rs 416.37 per cylinder. The corporation has also increased aviation fuel prices but has kept cooking gas prices unchanged...
1 day ago