Gold prices, a highly valued asset, rose by Rs. 900 per tola today, reaching Rs. 1,63,000 per tola, compared to yesterday's rate of Rs. 1,62,100 per tola. According to the
Economy
For the first time, Nepal has exported 40 megawatts of electricity to Bangladesh, marking a historic moment as the country expands its power trade beyond India. Nepal Electricity Authority (NEA)
The national transmission grid has reached Tilicho Lake’s base camp in Manang, bringing reliable electricity to the remote, 4,250-meter-high location. Previously dependent on solar and diesel power, the base camp
Nepal's import bill for petroleum products decreased by NPR 11.07 billion in the last fiscal year, even though the volume of fossil fuel imports rose. Data from the Department of
Everest Bank Limited, in partnership with SB Solutions Pvt. Ltd., has introduced the Credit Automation System (Credit-X). The agreement for implementing this system was signed on June 22, 2023, by Mr.
In FY 2080/81, Nepal's National Payment Switch's retail payment switch facilitated transactions totaling NPR 57 Kharba, marking a 49% increase in transaction numbers and a 38% rise in transaction amounts
Nepal Airlines Corporation (NAC) has made notable strides in repaying the loans it obtained from the Employees Provident Fund (EPF) and the Citizen Investment Trust (CIT) for aircraft purchases. NAC
Nepal Rastra Bank (NRB) plans to gather Rs. 50 Arba in deposits through a public bidding process on 2nd Shrawan, 2081, aiming to manage the current excess liquidity in the
The Investment Board Nepal has given the green light to investments totaling Rs. 99.18 billion for four crucial energy projects in nepal, marking a significant milestone in the nation's energy
In the first eight months of this fiscal year, Nepal received remittances totaling 9 Kharba 61 Arba (961 billion 22 million). This indicates how crucial jobs abroad are for our
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