Economy and Business
Banks in Nepal continue to reduce interest rates as excess liquidity persists
KATHMANDU: Over the past year, banks in Nepal have consistently decreased their interest rates on loans, with an average reduction of 2.31 percentage points. This downward trend reflects the...
The price of gold increased by Rs.600 per tola today
KATHMANDU: The price of gold has increased by Rs.600 pe...
Nepal's foreign currency reserves surge due to rise in remittances
KATHMANDU: Nepal's foreign currency reserves surged to Rs 1.942 trillion as of mid-May this year, primarily driven by a significant increase in remittance inflows. According to Nepal Rastra...
Gold price remains stagnant today as well
KATHMANDU: The price of gold has remained stagnant today as well.
On Tuesday, 11th April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,
The price...
Century Bank's former Chairman arrested for irregularities in loan disbursement
KATHMANDU: The Central Investigation Bureau (CIB) has apprehended Rajesh Shrestha, the former Chairman of Century Commercial Bank, along with seven others, on allegations of irregularities i...
Government conducts Rs 2.40 billion cash transfers in one month for various projects
KATHMANDU: In the span of one month, between mid-April and mid-May, the government executed cash transfers totaling Rs 2.40 billion, as disclosed by the Ministry of Finance (MoF). These tran...
The price of gold remains unchanged today
KATHMANDU: The price of gold has remained stagnant today.
On Monday, 10th April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,
The price of ...
Rs.4000 per tola decreased in the price of gold
KATHMANDU: The price of gold has dropped by Rs.4,000 pe...
NTA issues ultimatum to United Telecommunication Limited to settle arrears
KATHMANDU: The Nepal Telecommunications Authority (NTA) has issued a 15-day ultimatum to United Telecommunication Limited, instructing them to resolve outstanding arrears amounting to Rs 7.4...
NEA reports profit surge in first nine months of FY 2080-81
KATHMANDU: The Nepal Electricity Authority (NEA) has announced a substantial profit exceeding Rs 11 billion in the initial nine months of the ongoing fiscal year 2080-81 BS (2024-25). This p...
Gold price rose by Rs.1000 per tola today
KATHMANDU: The price of gold has
Gold price surges by Rs.1800 per tola
KATHMANDU: The price of gold has
