Latest News
Celebrity Chef Santosh Shah Released on Bail Following Banking Offence Arrest
Renowned chef Santosh Shah has been released from police custody after furnishing bail equivalent to the financial claim filed against him in a banking offence case. Shah was apprehended alongside co-accused Narayan Sah Sudi in Janakpurdham following a property transaction dispute involving a Kathmandu-based restaurant.
2 months ago
Nepal Rastra Bank Unveils Daily Forex Rates; US Dollar and Major Currencies Hold Strong
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Tuesday. The central bank fixed the buying rate for the US Dollar at 𝓡𝓼. 151.24 and the selling rate at 𝓡𝓼. 151.84, while retail rates across commercial banks may vary based on market conditions.
2 months ago
Global Oil Prices Reboud as Skepticism Over US-Iran Truce Details and Strait of Hormuz Clearance Spurs Supply Fears
Global crude benchmarks edged higher on Tuesday as initial market optimism over a preliminary US-Iran peace agreement faded. With the full text of the memorandum of understanding undisclosed and significant technical and security hurdles remaining before the blocked Strait of Hormuz can safely reopen, investors adopted a cautious stance, driving Brent and WTI crude futures up by 0.3%.
2 months ago
Agriculture and Tourism Drive 73% of Nepal's Total Foreign Investments
The Department of Industry has approved ₹47.61 billion in foreign direct investment commitments across 914 ventures in 11 months, with the simplified Automatic Route rapidly capturing small-scale projects.
2 months ago
ICRA Nepal Upgrades Jhapa Energy Limited's Issuer Rating to B+
ICRA Nepal Limited has upgraded the issuer rating of Jhapa Energy Limited (JEL) from [ICRANP-IR] B- to B+. While the revision highlights a marginal improvement in the company's credit profile, the new rating continues to signal a high risk regarding timely debt servicing.
2 months ago
Indian Capital Markets Face Heavy FPI Outflows as Equity Sales Hit ₹2.87 Lakh Crore in 2026
Foreign Portfolio Investors (FPIs) pulled out over ₹62,853 crore from Indian equities in the first half of June 2026, driven by geopolitical tensions, a weakening Indian Rupee, and high market valuations. While equity markets faced major selling pressure, the domestic debt market remained resilient, attracting over ₹13,200 crore via the Fully Accessible Route (FAR).
2 months ago
Last Day to Apply for Sarvottam Paints Industries' IPO Today
Today (Asar 2) marks the final deadline for general investors to subscribe to the Initial Public Offering (IPO) of Sarvottam Paints Industries Limited. The company has opened applications for 705,500 shares after successfully completing allotments for migrant workers, mutual funds, and employees.
2 months ago
Bullion Alert: Gold Gains Rs. 300; Silver Drops to Rs. 4,990
Gold prices in the Nepalese market witnessed a minor increase on Tuesday, while silver prices took a downward turn. According to the Federation of Nepal Gold and Silver Dealers' Association, gold climbed by Rs. 300 per tola, whereas silver slipped by Rs. 25 per tola.
2 months ago
Dordi Khola Hydropower Postpones Special General Meeting Due to Lack of Shareholder Quorum
The Special General Meeting (SGM) of Dordi Khola Jal Bidyut Company Limited, originally scheduled for Ashad 01, 2083, in Lalitpur, has been officially deferred after shareholder representation fell short of the minimum required threshold.
2 months ago
Government Launches 'Clean Up the Mess' Campaign to Dismantle Vested Interest Groups, Confirms Finance Minister Dr. Swarnim Wagle
Finance Minister Dr. Swarnim Wagle has stated that Nepal is undergoing a rigorous purification drive to root out systemic corruption and break the grip of long-standing interest groups. Highlighting a historic 1-kharba-rupee financial scandal currently in court, he outlined a transparent five-year economic roadmap designed to engage youth and foster sustainable development.
2 months ago
Kalash Stock Market (Broker 74) Successfully Concludes Mega 10-Day Free Online Trading and Analysis Training
Kalash Stock Market Limited has successfully wrapped up its 10-day complimentary online training session on fundamental and technical stock market analysis. The high-impact program drew over 1,000 daily domestic and international participants via Zoom, highlighting the broker's commitment to robust investor education.
2 months ago
Foreign Minister Shisir Khanal Begins Official China Visit; Bilateral Talks with Wang Yi Scheduled for Monday Evening
Nepali Foreign Minister Shisir Khanal launched his four-day official visit to China on Monday morning by visiting the Institute of Tibetan Plateau Research. He is slated to hold a high-level bilateral meeting with Chinese Foreign Minister Wang Yi in Beijing later this evening.
2 months ago