Economy News
Gold and Silver Prices Decline in Nepal as Gold Drops by Rs 2,200 per Tola
Gold and silver prices fell in the Nepali market on Tuesday, Ashoj 27. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold dropped by Rs 2,200 per tola, while silver declined by Rs 60 per tola compared to Monday’s trading prices.
7 hours ago
Government Directs Employers to Provide Mandatory Festival Allowance to Workers
The Department of Labour and Occupational Safety has urged all employers and industrial and commercial establishments to provide workers with their legally mandated festival allowance equivalent to one month’s basic salary, warning against denying employees the benefit.
a day ago
Gold and Silver Prices Decline in Nepalese Market
Gold and silver prices fell in the Nepalese market on Monday, Ashoj 26, with gold dropping by Rs. 2,100 per tola and silver declining by Rs. 25 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
a day ago
Nepal Rastra Bank Announces Foreign Exchange Rates for Today
Nepal Rastra Bank has published the latest foreign exchange rates, with the US dollar set at NPR 154.48 for buying and NPR 155.08 for selling. The rates cover major international currencies, including the euro, pound sterling, Australian dollar, and Indian rupee.
a day ago
Gold and Silver Prices Rise in Nepal, Gold Hits Rs. 296,500 per Tola
Gold and silver prices have increased in Nepal’s domestic market, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold rose by Rs. 800 per tola to Rs. 296,500, while Tejabi gold also gained Rs. 800 to reach Rs. 295,800 per tola. Silver prices climbed by Rs. 35 to Rs. 4,440 per tola.
2 days ago
Dashain New Note Exchange Frustrates Customers at Banks, Nepal Rastra Bank Offers Faster Service
Customers seeking fresh banknotes for Dashain have reported difficulties exchanging money at several commercial bank branches, despite official information indicating that the service would be available through different banks. In contrast, Nepal Rastra Bank’s Thapathali office has been praised by customers for providing a quick and convenient exchange service, with one visitor reporting that the process took just five minutes.
2 days ago
Government to Provide Rs 1.5 Billion in Grants to Sugarcane Farmers
The government is set to distribute Rs 1.5 billion in grant assistance to sugarcane farmers in Bardiya, Rautahat, Kailali, and Kanchanpur. Agriculture Minister Geeta Chaudhary has approved the procedures for providing the subsidy to support sugarcane producers.
4 days ago
Gold Price Jumps Rs 2,900 to Rs 295,700 Per Tola, Silver Also Rises
Gold and silver prices increased in the Nepali market on Friday, Ashoj 23. Gold rose by Rs 2,900 per tola to Rs 295,700, while silver gained Rs 15 to reach Rs 4,405 per tola.
4 days ago
MFIL Announces 20% Dividend: 5% Bonus Shares and 15% Cash Dividend
Manjushree Finance Limited (MFIL) has proposed a total 20% dividend for its shareholders from the profits of FY 2082/83, comprising 5% bonus shares and 15% cash dividend, including tax. The proposal is subject to approval from Nepal Rastra Bank and the company's upcoming Annual General Meeting (AGM).
4 days ago
73% of Consumers Still Pay Electricity Bills at Counters, Minister Calls for Digital Shift
Energy Minister Biraj Bhakta Shrestha has urged citizens to adopt digital payment methods for electricity bills, noting that 73% of consumers still rely on physical payment counters.
5 days ago
KBSH Announces 18% Bonus Shares and 0.9474% Cash Dividend
Kuthheli Bukhari Small Hydropower Limited (KBSH) has proposed an 18% bonus share and 0.9474% cash dividend for shareholders from the profit of the FY 2082/83.
5 days ago
Nepal Rastra Bank Sets Today’s Foreign Exchange Rates
Nepal Rastra Bank has fixed today’s exchange rates, with the US dollar at Rs. 154.55 for buying and Rs. 155.15 for selling.
5 days ago