Gold prices reaches new record high

KATHMANDU: The price of gold in the Nepalese market has hit a new all-time high. The Federation of Nepal Gold and Silver Traders announced today that the price of gold has increased by rs 1,400 rupees, reaching Rs 167,400 per tola. This marks the highest price ever recorded. On Friday, the pure gold was traded[ ... ]

Economic Digest: Nepal’s Business News in a Snap

Today’s foreign currency exchange rates

Floriculture business suffers damage worth Rs 150 million

NRB Governor Adhikari dubs Nepal’s financial situation ‘satisfactory’

Finances (Bank and others)

Commercial banks experience 21.63% surge in Q1 profits

KATHMANDU: Commercial banks in Nepal collectively reported a 21.63 percent increase in net profit, totaling Rs 16.23 billion, according to a recently published financial results for the first quarter of fiscal year 2081/82. Out of 20 banks, 12 experienced growth in earnings, while 8 saw a decrease. Nabil Bank topped the list with the highest[ ... ]

Remittance increases by 15.5%, exports decrease by 5.1%

KATHMANDU: In the two months of the current

Nepal’s trade declines, remittances surge

KATHMANDU: In the first month of the current

Finance Minister calls for amendments to banking offense law

KATHMANDU: Finance Minister Bishnu Prasad Paudel has announced

Nabil Bank holding Special General Meeting on August 31

KATHMANDU: Nabil Bank Limited has announced that its

Q4 FY 2080/81 Financial Report: Nabil Bank leads with Rs 7.06 billion profit

NEPSE surpasses 2700 points, trades over Rs 15.81 billion

NEPSE rises by 61 points, trades over Rs 15 billion

Corporate

IME Group chips in Rs 50 million to Prime Minister’s Disaster Relief Fund

KATHMANDU: The Global IME Bank, IME Group and the associated companies have chipped in Rs 50 million to the Prime

Airlines slammed for hiking ticket prices amid flood crisis

KATHMANDU: Domestic airline operators, who had sharply increased ticket prices in response to the countrywide disruption in road traffic caused

PM appeals airlines to sell air tickets at concessional rates

KATHMANDU: Prime Minister KP Sharma Oli has requested the airline companies to sell air tickets at a discounted price or

Buddha Air begins three flights a week to Varanasi

KATHMANDU: The private carrier Buddha Air has extended its commercial flights from two to three days a week from Kathmandu

Customer

Floods and landslides close Tatopani Border, impacting Dashain imports

KATHMANDU: With Dashain approaching, the Tatopani border, a key route for importing goods from China, has been closed following severe road damage caused by floods

PM appeals airlines to sell air tickets at concessional rates

KATHMANDU: Prime Minister KP Sharma Oli has requested the airline companies to sell air tickets at a discounted price or at the same rate as

Concerns grow over food safety at highway stops as millions get ready to leave Kathmandu for Dashain holidays

KATHMANDU: As the Dashain festival approaches, the mass departure from Kathmandu Valley intensifies, with an estimated over 1.8 million people leaving the city to return

Government to open advance booking for Dashain public transport tickets from Ashwin 12

KATHMANDU: The government has announced that advance booking for public transport tickets for the upcoming Dashain festival will begin on Ashwin 12. The decision was

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