Economy News - Page 27
Finance Minister Vows Absolute Protection for Honest Entrepreneurs: 'We Stand With You!'
Finance Minister Swarnim Wagle has pledged the government's full support and security for ethical business owners who contribute to job creation and national economic growth.
Market Panic: Government Investigations into Big Investors and Institutions Send Stocks Spiraling!
The Nepali stock market is facing a downturn driven by a leadership vacuum in regulatory bodies and psychological fear stemming from government investigations into major investors.
Trump Escalates Trade War: 25% Tariff Hike Threatened on All European Vehicles Starting Next Week!
U.S. President Donald Trump has threatened to impose a 25% tariff on cars and trucks imported from the European Union starting next week, citing a failure to comply with trade agreements.
Nepal's Business Giants Issue Stark Warning: Powerful 2/3 Majority Gov Must End Policy Instability Now!
Leaders of Nepal's major private sector organizations have urged the government to leverage its strong parliamentary majority to ensure policy stability and boost investor confidence in the upcoming budget.
China’s AI Ambitions Hit a Wall? Global Data Center Race Reveals Shocking Infrastructure Gap Behind the US
Despite its rapid progress in artificial intelligence, China is surprisingly lagging behind the US and several European nations in the total number of established data centers.
Gold Market Alert: Weekly Price Slump as Rates Face Unexpected Rollercoaster Ride!
The price of gold in the Nepali market decreased by Rs 400 per tola over the week, closing at Rs 2,96,100 after several days of significant price swings.
Massive Rs 150 Jump in Cooking Gas Prices Even as Petrol and Diesel Rates Plunge!
Nepal Oil Corporation has reduced the prices of petrol and diesel while significantly hiking the cost of cooking gas and aviation fuel. The adjustments come amid rising international oil prices caused by geopolitical tensions in West Asia.
NRB Moves to Mop Up Massive Rs. 120 Billion as Banking System Overwhelmed with Excess Cash
Nepal Rastra Bank is conducting a massive liquidity absorption exercise, seeking to collect Rs. 120 billion in 97-day deposits from financial institutions.
Gold Prices Plunge by Rs 1,800 per Tola: Massive Drop Hits Precious Metals Market!
Gold and silver prices in Nepal saw a significant decline today, with gold dropping by Rs 1,800 per tola and silver falling by Rs 105.
Sweeping Governance Overhaul: PM’s Advisor Vows New Ordinances Will Smash Red Tape
Prime Minister’s advisor Asim Shah has defended the government's latest ordinances, stating they are essential for removing legal bottlenecks and improving public service delivery.
Official NRB Exchange Rates for Tuesday
The central bank has updated exchange rates for today, with the USD at Rs 150.41 and the Euro at Rs 176.64.
Industry Rebound: Construction and Manufacturing Return to Growth in FY 2082/83
Nepal's economy is set to reach Rs 66 trillion this year, fueled by a 21% jump in electricity production despite a dip in crop yields.