Business News

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.

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.

New Investment Opportunity Alert: Sanima Equity Fund 2 Hits the Market Today with Rs 1 Billion Issue!
Sanima Capital has opened public subscriptions for its 10-year closed-end mutual fund scheme, Sanima Equity Fund 2, starting May 7.

Kamana Sewa Bikas Bank Steps Up: Vital Educational Support Reaches 138 Underprivileged Students!
Kamana Sewa Bikas Bank has provided essential stationery and learning materials to 138 students at Shree Janakalyan Basic School through its CSR initiative.

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.

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.

‘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.

Kathmandu’s Illegal 8-Story Landmark Facing Imminent Demolition as Bulldozers Arrive!
Authorities in Kathmandu are preparing to raze an unauthorized eight-story building in Devinagar that lacks land titles and permits. Business owners have begun evacuating the premises as security forces and heavy machinery arrive at the scene.

Massive Administrative Purge: 1,594 Political Appointees Axed as Government Issues Termination Ordinance
President Ramchandra Poudel has issued an ordinance resulting in the immediate removal of 1,594 political appointees across various public sectors. The move impacts leadership positions in education, health, finance, and infrastructure as part of a major government reshuffle.