Economy News
Rasuwa Flood Damage Recovery Estimated at Nearly USD 4 Billion
The reconstruction of flood- and landslide-affected areas in Rasuwa could require nearly USD 4 billion, according to an initial assessment by the National Disaster Risk Reduction and Management Authority.
18 days ago
Hathaway Investment Nepal to Invest NRS 400 Million in Sugar & Hydropower
Hathway Investment Nepal Limited has announced plans to make a long-term investment of up to NRS 400 million in Vijay Shree Sugar Mills and Induwa Khola PROR Hydropower Project as part of its portfolio diversification strategy.
18 days ago
Gold Price Jumps NRS 3,400 Per Tola, Silver Also Rises
Gold prices climbed to NRS 305,800 per tola on Thursday, gaining NRS 3,400 from the previous day, while silver also recorded an increase.
18 days ago
Gold, Silver Prices Fall in Nepal
Gold fell by NRS 3,000 per tola and silver by NRS 40 per tola in the Nepali market on Wednesday, Bhadra 24.
19 days ago
Wagle Unveils Five-Point Plan to Revive Nepal’s Economy
Finance Minister Dr. Swarnim Wagle has outlined a five-point strategy to revive Nepal’s sluggish economy amid prolonged recession and the economic damage caused by recent floods.
20 days ago
Nepal Rastra Bank Sets Today’s Foreign Exchange Rates
Nepal Rastra Bank has published today’s foreign exchange rates, with the US dollar fixed at Rs. 150.88 for buying and Rs. 151.48 for selling.
20 days ago
Sarbottam and Jagdamba Cement Donate Rs. 11.11 Million for Flood Relief
Sarbottam Cement and Jagdamba Cement have jointly contributed Rs. 11.11 million to the Prime Minister’s Disaster Relief Fund to support victims of the devastating Bhote Koshi floods in Rasuwa.
20 days ago
Gold and Silver Prices Surge in Nepal
Gold prices jumped by Rs. 3,500 per tola while silver gained Rs. 100 per tola in the Nepali market on Tuesday.
20 days ago
Global IME Balanced Fund-1 Declares 12% Dividend
Global IME Capital has announced a 12% cash dividend for investors of Global IME Balanced Fund-1 for FY 2082/83, while Global IME Samunnat Yojana-2 will not distribute any dividend this year.
21 days ago
Gold Price Falls by Rs. 2,400 Per Tola as Silver Also Declines
Gold and silver prices continued their downward trend in Nepal on Monday, with gold dropping by Rs. 2,400 and silver by Rs. 35 per tola.
21 days ago
Gold & Silver Prices Fall in Nepal
Gold and silver prices declined in Nepal on Sunday, with gold falling by Rs. 3,100 per tola and silver by Rs. 40. The latest rates are also reflected in today’s market data.
22 days ago
Gold Alert: Why Are European Central Banks Moving Their Gold?
The Netherlands has moved 86 tonnes of gold from North America to London, citing geopolitical uncertainty and the need for stronger crisis preparedness.
22 days ago