Economy and Business

Stakeholders urge consistency in taxation policy for economic confidence

Stakeholders urge consistency in taxation policy for economic confidence

KATHMANDU: Stakeholders have voiced their concerns, urging the government to maintain a consistent taxation policy to bolster investor confidence in the economy. The recent budget announceme...

Global IME Bank receives Infosys Finacle Process Innovation Award 2024

Global IME Bank receives Infosys Finacle Process Innovation Award 2024

KATHMANDU: Global IME Bank Limited has been awarded the Infosys Finacle Process Innovation Award 2024, a recognition of its outstanding performance in the banking sector. According to a stat...

Gold price goes down by Rs.500 per tola

Gold price goes down by Rs.500 per tola

KATHMANDU: The price of gold has decreased by Rs.500 per tola today.

On Wednesday, 5th April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,

The p...

Gold price surges by Rs.1700 per tola today

Gold price surges by Rs.1700 per tola today

KATHMANDU: The price of gold surged by Rs.1,700 per tola today.

On Tuesday, 4th April 2024, according to the Federation of Nepal Gold and Silver Dealers...

Gold price increases by Rs.1,700 per tola today

Gold price increases by Rs.1,700 per tola today

KATHMANDU: The price of gold surged by Rs.1,700 per tola today.

On Friday, 31st April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,

The price of...

Nepal initiates daily export of 400 MW electricity to India

Nepal initiates daily export of 400 MW electricity to India

KATHMANDU: Nepal has commenced the export of approximately 400 megawatts of electricity to India on a daily basis, marking a significant development in energy trade between the two countries...

Government allocates Rs.50.74 billion for energy sector development in 2024/25

Government allocates Rs.50.74 billion for energy sector development in 2024/25

KATHMANDU: The government has prioritized the development of hydropower projects, particularly reservoir-based ones, to enhance energy security, allocating Rs. 50.74 billion for the energy s...

Rs.2300 per tola surge in the price of gold

Rs.2300 per tola surge in the price of gold

KATHMANDU: The price of gold surged by Rs.2,300 per tola today.

On Thursday, 30th April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,

The price...

Rs.600 per tola increase it the price of gold today

Rs.600 per tola increase it the price of gold today

KATHMANDU: The price of gold has increased by Rs.600 per tola today.

On Wednesday, 29th April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,

The...

Gold price increases Rs.400 per tola today

KATHMANDU: The price of gold has increased by Rs.400 per tola today.

On Tuesday, 28th April 2024, according to the Federation of Nepal Gold and Silver Dealers Association,

The pr...

Ministry of Finance tops list of arrears among government ministries

Ministry of Finance tops list of arrears among government ministries

KATHMANDU: During the last fiscal year, the Ministry of Finance (MoF) accumulated the highest amount of arrears among government ministries, as revealed by the 61st annual report of the Offi...

Public enterprises in Nepal struggle with losses

Public enterprises in Nepal struggle with losses

A recent annual review report on the status of public enterprises, presented in parliament, revealed that fifteen state-owned entities, including the Nepal Airlines Corporation (NAC), have been gra...