Economy and Business

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,

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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...

Rs.900 per tola increase in the price of gold today

Rs.900 per tola increase in the price of gold today

KATHMANDU: The price of gold went up by Rs.900 per tola today.


On Tuesday, 16th July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,

NEPSE index falls as market fails to rally despite new Finance Minister appointment

NEPSE index falls as market fails to rally despite new Finance Minister appointment

KATHMANDU: The Nepal Stock Exchange (NEPSE) had a significant fall on the second trading day of the week, contrary to early predictions of a favorable reaction following the appointment of t...

Gold price increased by Rs.200 per tola today

Gold price increased by Rs.200 per tola today

KATHMANDU: The price of gold went up by Rs.200 per tola today.


On Monday, 15th July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,


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NEPSE surges with record Rs 7 billion trades reaching highest level in nearly a year

NEPSE surges with record Rs 7 billion trades reaching highest level in nearly a year

KATHMANDU: The Nepal Stock Exchange (NEPSE) had a significant increase in transaction volume on the first trading day of the week, surpassing Rs 7 billion for the first time in over five mon...

Gold price stayed at Rs.146,700 per tola today

Gold price stayed at Rs.146,700 per tola today

KATHMANDU: The price of gold stayed unchanged today.


On Sunday, 14th July 2024 according to the Federation of Nepal Gold and Silver Dealers Association,


The...

NC and CPN-UML agree to amend Economic Bill, 2081 amid concerns over tax provisions

NC and CPN-UML agree to amend Economic Bill, 2081 amid concerns over tax provisions

KATHMANDU: The coalition between the Nepali Congress and CPN-UML has made significant strides towards amending the Economic Bill, 2081, following their agreement on proposed changes by Natio...