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Business News - Page 2

Last Chance Alert: Sarbottam Paints IPO Closes Today – Act Now to Secure Your Shares!

Today marks the final deadline for Nepalese migrant workers to apply for the Sarbottam Paints Industries Limited IPO. The offering includes 85,000 units reserved specifically for those employed abroad.

Gold and Silver Prices Skyrocket as Market Witnesses Another Massive Surge!

Precious metal prices continue their upward trend in Nepal, with gold rising by Rs 1,800 and silver by Rs 100 per tola on Thursday.

From Local Snacks to Global Empires: The Unstoppable Rise of Nepal’s Multi-Billion Rupee Noodle Industry!

Nepal has emerged as the world's fourth-largest per-capita consumer of instant noodles, transforming a simple snack into a dominant economic force that supports over 100,000 jobs.

Samsung Joins Elite $1 Trillion Club: Shares Skyrocket 400% in a Single Year!

Samsung Electronics has surpassed a $1 trillion market capitalization, becoming the second Asian company to reach the milestone following a massive surge in AI chip demand.

Massive Push to Clear Backlog: 1.7 Million New QR-Enabled Smart Driving Licenses Enter Production!

The Security Printing Center has begun printing 1.7 million additional smart driving licenses following a new agreement with the Department of Transport Management.

Major Breakthrough in MRP Standoff: Importers Exempt from Labeling at Customs Points for Now!

The Nepal government has temporarily eased mandatory MRP labeling requirements at customs points, allowing importers to clear goods through self-declaration. This move aims to resolve a heated dispute between authorities and the business community over logistical challenges and infrastructure.

Janakpur to Shine with Massive 2 Billion NPR Investment: Madhesh Province’s First-Ever 5-Star Hotel Underway!

Former NRNA Vice-President Rameshwar Shah and a group of prominent investors have launched a 2 billion NPR project to build Janakpur’s first five-star luxury hotel. The project aims to boost religious tourism and local employment in Madhesh Province over the next three years.

Supreme Court Overturns Detention Order: Major Legal Victory for Industrialist Shekhar Golchha

The Supreme Court has ordered the release of former FNCCI President Shekhar Golchha on bail, ruling that he can only be detained if he fails to provide the required security deposit.

‘A Critical Turning Point’: FNCCI President Issues Urgent Call for Economic Transformation to Halt Youth Exodus

FNCCI President Chandra Prasad Dhakal has urged the government and private sector to collaborate on building a self-reliant economy during the organization's 60th Annual General Meeting.

KL Dugar’s Smart Appliances Secures Exclusive Whirlpool Distribution Rights Across Western Nepal!

Smart Appliances Pvt. Ltd. has been appointed as the sole distributor for Whirlpool products in Nepal's Provinces 5, 6, and 7.

Gold Prices Take a Hit! Market Watch as Silver Defies Trend with Sudden Hike

Gold prices in Nepal decreased by Rs. 300 per tola today, while silver prices saw a modest increase of Rs. 20 per tola.

Prosperity Under Threat? Private Sector Leaders Warn Economic Goals Unreachable Without Stability and Respect

Leaders from Nepal's top business organizations have urged the government to prioritize policy stability and legal reforms to boost investor confidence. They argued that achieving significant economic growth is impossible without a strong partnership between the state and the private sector.