KATHMANDU: In bad news for gold traders, the demand for gold has remained significantly low in the domestic market despite the onset of the wedding season The daily demand for gold has been around 10 kilograms at present which is very nominal in a wedding season, according to gold traders The demand for gold was around 50 kilograms during the wedding season last year The demand for the precious yellow metal has slumped due to the high [...]

KATHMANDU: Nepal Rastra Bank (NRB), the central bank in the country, is set to sell its 1,729,989 units of shares in the Nepal Stock Exchange (Nepse) Ltd Issuing a notice today, the bank said that it is selling its Nepse shares at an auction for Rs 1,032 per unit as per the NRB Act Interested banks, financial institutes and share traders can submit a sealed application to the NRB fiscal management department to pursue the purchase by August 19, said the notice Nepse has 5866 percent government investment, 3460 percent of the central bank, 612 percent of the NIDC Capital and share brokers have their 062 investment in [...]