Economy and Business

NRB takes action against development banks and finance companies for regulatory violations

NRB takes action against development banks and finance companies for regulatory violations

KATHMANDU: Five development banks and three financing organizations were the targets of regulatory action by Nepal Rastra Bank (NRB) for violating standards in the final quarter of the fisca...

Rs.1300 per tola drop in gold price today

Rs.1300 per tola drop in gold price today

KATHMANDU: The price of gold goes down by Rs.1,300 per tola today.


On Sunday, 21st July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,

...

NRB finalizes monetary policy for FY 2024/25

NRB finalizes monetary policy for FY 2024/25

KATHMANDU: Representatives from Nepal Rastra Bank (NRB) have stated that the monetary policy for the 2024–2025 fiscal year is prepared and will be unveiled on Sunday. The NRB's Economic Rese...

Rs.2000 per tola drop in price of gold today

Rs.2000 per tola drop in price of gold today

KATHMANDU: The price of gold went down by Rs.2,000 per tola today.


On Friday, 19th July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,

...

NEPSE surges past 2,400 points, daily turnover reaches Rs 15.5 billion

NEPSE surges past 2,400 points, daily turnover reaches Rs 15.5 billion

KATHMANDU: The Nepal Stock Exchange (NEPSE) rose 59.68 points, or 2.52%, on Thursday, sustaining its upward trend and breaching the 2,400-point threshold. NEPSE finished with 2,424.32 points...

Gold price dipped slightly by Rs.300 per tola today

Gold price dipped slightly by Rs.300 per tola today

KATHMANDU: The price of gold went down by Rs.300 per tola today.


On Thursday, 18th July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,

...

NEPSE continues upward trend, gaining 2.33%

NEPSE continues upward trend, gaining 2.33%

KATHMANDU: On Wednesday, the Nepal Stock Exchange (NEPSE) rose 54.04 points, or 2.33%, following a significant 3.13% advance on Tuesday. The NEPSE index closed at 2,364.63 points for the day...

NRB to mop Rs 50 billion to address excess liquidity

NRB to mop Rs 50 billion to address excess liquidity

KATHMANDU: On Wednesday, Nepal Rastra Bank (NRB) aims to absorb Rs 50 billion from the banking sector in order to contain surplus liquidity. The procedure would include a 21-day bidding phas...

Commercial Banks lower deposit interest rates amid excessive liquidity

Commercial Banks lower deposit interest rates amid excessive liquidity

KATHMANDU: Most Nepalese commercial banks have recently made the decision to reduce their deposit interest rates by an average of 0.14 percent annually for the upcoming month, beginning on T...

Gold price surges by Rs.2000 per tola today

Gold price surges by Rs.2000 per tola today

KATHMANDU: The price of gold surged by Rs.2,000 per tola today.


On Wednesday, 17th July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,

...

Inland Revenue Office Bhadrapur collects Rs 3.21 billion in FY 2080/81

Inland Revenue Office Bhadrapur collects Rs 3.21 billion in FY 2080/81

KATHMANDU: During the fiscal year 2080–81 BS, the Inland Income Office in Bhadrapur raised Rs 307 million between mid–June and mid–July, for a total of Rs 3.21 billion in income. In comparis...

NEPSE surges over 70 points, crossing 2,300 mark

NEPSE surges over 70 points, crossing 2,300 mark

KATHMANDU: The Nepal Stock Exchange (NEPSE) index rose 70.18 points on Tuesday, crossing the 2,300-point threshold. The NEPSE index concluded the trading session at 2,310.59 points, a new re...