The Kathmandu District Administration Office has instructed LPG dealers and distributors to sell available cooking gas stocks to consumers immediately and warned of strict action against hoarding, hidden stocks and overpricing.
The government has moved forward with a bill to amend the Citizen Investment Trust Act, 2047, aiming to expand CIT’s investment areas, strengthen its capital structure and make the capital market more dynamic.
The Prime Minister’s Disaster Relief Fund continues to receive financial support, with its balance reaching NRS 13.54 billion as of 9 a.m. today.
The death toll from a vessel fire in the Philippines’ Palawan province has climbed to 76, while 13 people remain missing and search and rescue operations continue.
Rastriya Banijya Bank (RBB) and Sanskritik Sansthan have signed an MoU to provide salary accounts, professional loans and other banking services to the institution’s employees at concessional rates.
Mustang Customs collected NRS 1.7844 billion in revenue in just 15 days as imports through the northern Korala border surged following the closure of the Rasuwagadhi–Kerung and Tatopani crossings.
Kathmandu Metropolitan City has sought federal government approval to convert the Nepal Airlines Corporation (NAC) building at New Road into a multi-storey parking facility to address the capital’s growing parking shortage.
Gold increased by NRs 1,200 per tola while silver gained NRs 60 per tola in the Nepali market on Sunday.
Nepal’s benchmark NEPSE index rebounded strongly on Thursday, gaining 27.94 points (1.10%) to close at 2,559.49, following a 13.85-point decline in the previous session.
The government estimates that NRS 95.42 billion will be required for immediate and long-term recovery measures, including removing flood debris, reducing disaster risks and ensuring inclusive rehabilitation following the Bhotekoshi floods.
Finance Minister Dr. Swarnim Wagle has announced five special economic packages, including a 10–12 point policy reform plan for the sluggish capital market expected to be introduced within a week.
The government has intensified monitoring of the LPG market following the appointment of Industry, Commerce and Supplies Minister Deepak Kumar Shah, with a Kathmandu shop fined NRS 300,000 for selling cooking gas above the government-set price.