Economy News - Page 11
Gold and Silver Prices Edge Lower in Nepal
Gold and silver prices recorded a slight decline in the Nepali market on Tuesday, Bhadra 9.
Foreign Investors Turn Buyers in Indian Stocks as Confidence Returns
Improving foreign fund flows and stronger domestic economic indicators are encouraging foreign portfolio investors (FPIs) to increase their exposure to Indian equities.
Gold Hits 3-Month High as Weak Dollar and Lower Treasury Yields Boost Demand
Gold prices climbed to their highest level in more than three months as a weaker U.S. dollar and pressure on Treasury yields increased demand for the precious metal.
Bitcoin Surges Past $80,000 as ETF Inflows and Risk Appetite Strengthen Rally
Bitcoin has climbed above the $80,000 mark as fresh inflows into spot Bitcoin ETFs and improving investor risk appetite provide further momentum to the cryptocurrency rally.
Nepal Moves to Fix Monetary Policy Release Date to Shrawan 1
The government is preparing legal provisions to make Shrawan 1 (mid-July) the fixed date for announcing Nepal Rastra Bank’s monetary policy from the next fiscal year.
Gold Price Climbs Rs. 3,200 Per Tola, Silver Slips Rs. 10
Gold prices continued their upward trend in the Nepali market on Monday, while silver recorded a slight decline.
NPR 129 Billion Financing Secured for 860 MW Tila-1 and Tila-2 Hydropower Projects
Financing has been secured for the 860 MW Tila-1 and Tila-2 hydropower projects in Kalikot, paving the way for the construction of two major peaking projects in Karnali Province.
Finance Minister Wagle Rules Out Immediate Demonetization Plan
Finance Minister Dr. Swarnim Wagle has clarified that the government has no plans to introduce demonetization at present, saying the measure is neither an immediate need nor a priority.
Government Allocates Rs. 700,000 for Legal and Regulatory Framework in FY 2083/84
Finance Minister Dr. Swarnim Wagle has said the government has initially allocated Rs. 700,000 for drafting laws, regulations, procedures, directives, and standards under the Ministry of Land Management, Cooperatives and Poverty Alleviation and the Ministry of Federal Affairs and General Administration for FY 2083/84.
Gold Jumps Rs. 3,300, Silver Gains Rs. 130 in Nepal
Gold and silver prices continued their upward trend in Nepal on Friday, with gold rising by Rs. 3,300 per tola and silver by Rs. 130. Gold has surged by Rs. 12,600 per tola in just two days.
Finance Minister Warns Nepal’s Foreign Aid Sources Are Shrinking
Finance Minister Dr. Swarnim Wagle has warned that Nepal’s traditional sources of foreign grants and concessional loans are narrowing, increasing the need to mobilize private and alternative capital.
Gold, Silver Prices Drop Sharply in Nepal
Gold and silver prices declined in the Nepali market on Wednesday, with gold falling by Rs. 2,700 per tola and silver by Rs. 160 per tola.