Economy News
Tomorrow at 4 PM: Dr. Swarnim Wagle to Unveil Radical New Budget
Finance Minister Dr. Swarnim Wagle presents Nepal's paradigm-shifting FY 2083/84 national budget tomorrow at 4:00 PM.
4 months ago
Gold Plummets Rs. 5,500 in Single-Day Crash
Fine gold plummets to Rs. 285,000 per tola today, while silver simultaneously slips down to Rs. 4,865 per tola.
4 months ago
Promoter Share Auction: Swarojgar Laghubitta Opens Bidding for 17,327 Units to Public and Institutions
Swarojgar Laghubitta (SLBBL) is liquidating 17,327 units of promoter equity, inviting both individual and corporate investors to submit their bids at its Banepa headquarters by Ashad 16.
4 months ago
As DDC Releases Rs 120 Million to Stranded Farmers, Private Dairy Debt Balloons to Rs 3 Billion
Nepal's dairy industry payment crisis persists as massive private sector arrears overshadow the state corporation's latest daily repayment efforts.
4 months ago
Global Headwinds Cool Nepal’s Growth to 3.85% Amid Agricultural Slump, Economic Survey Reveals
Finance Minister Dr. Swarnim Wagle’s FY 2082/83 Economic Survey projects a growth slowdown to 3.85% as a sharp dip in farming offsets mild service sector gains, prompting calls for immediate structural reforms.
4 months ago
The Next Fiscal Leap: Benchmarking Nepal's Most Transformative Budgets
Inside a locked-down Ministry of Finance, Dr. Swarnim Wagle is meticulously fine-tuning a high-stakes fiscal blueprint for FY 2083/84. Bending official expenditure caps, the Balen Shah government's debut budget is set to target bold structural reforms, public pay raises, and massive project investments.
4 months ago
NRB Fixes Today’s Forex Rates: USD and Major Currencies See New Benchmarks
Nepal Rastra Bank has published Wednesday's exchange rates, setting the US Dollar's buy rate at Rs 152.80 and sell rate at Rs 153.40.
4 months ago
Gold Prices Slide to Rs 290,500; Silver Secures Marginal Gain
Gold dropped to Rs 290,500 per tola on Wednesday, while silver rose slightly to Rs 5,080 per tola.
4 months ago
Nepal Rastra Bank Updates Today's Forex Rates; US Dollar and Major Currencies Hold Steady
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for Tuesday, fixing the US Dollar buying rate at Rs 152.08 and selling rate at Rs 152.68. The central bank noted that rates may fluctuate based on market conditions and commercial bank policies.
4 months ago
DDC Pumps Rs 160 Million to Dairy Farmers in Just 20 Days
DDC prioritized farmers' dues by cutting employee perks and internal costs, dispersing Rs 160 million within the last twenty days.
4 months ago
Bullion Update : Gold Drops by Rs 1,300, Silver Slips to Rs 5,060
Domestic gold prices fell to Rs 291,500 per tola, while silver slid to Rs 5,060 amid Tuesday's market correction.
4 months ago
Yuan Climbs to 3-Year High of 6.78 Against the Greenback
The Chinese Yuan strengthened to 6.78 per US Dollar, marking its strongest level since February 2023, driven by market optimism over a potential US-Iran deal and the reopening of the Strait of Hormuz.
4 months ago