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ECONOMY

Solu Hydropower IPO opens for public, shares worth Rs 8.2 bi...

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The company has already completed the allotment of shares issued in the first phase to residents of the project-affected areas and Nepalis working abroad. In the second phase, applications have now been opened for the general public.
2 days ago
ECONOMY

Extreme cold forces Yari Customs Office to shut for three mo...

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Trade activities came to a standstill after the movement of goods and traders from Taklakot stopped from the beginning from mid-December. As a result, the Yari Customs Office was closed from the fourth week of December, according to office chief Ramraj Jaisi.
2 days ago
ECONOMY

NEPSE slips 5.54 points to 2,635 as daily turnover rises

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Most sectoral indices dragged the market down, with declines recorded in all sub-indices except development banks, hotels and tourism, manufacturing and processing, and mutual funds. The trading sector posted the steepest loss, falling 1.16 percent.
3 days ago
ECONOMY

NEPSE restructuring report finalized, panel proposes IPO and...

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The panel, led by former Accounting Standards Board chair Prakash Jung Thapa, has outlined reform measures to be implemented in the short, medium, and long term. The five-member committee includes former Securities Board of Nepal (SEBON) executive director Niraj Giri, along with representatives from...
3 days ago
ECONOMY

NRB continues bond issuance to manage excess liquidity

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The central bank on Monday issued bonds worth Rs 25 billion. With this latest issuance, NRB has floated a total of Rs 155 billion worth of one-year bonds over the past two weeks as part of its liquidity management measures.
3 days ago
ECONOMY

Development budget utilization below 11 pc in first six mont...

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According to the Ministry of Finance, out of over Rs 400 billion allocated for capital projects, only Rs 43.6 billion had been utilized by January 10— equivalent to 10.69 percent of the designated budget.
4 days ago
ECONOMY

Tourist arrivals decline in Mustang as winter cold intensifi...

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As temperatures continue to drop during the winter season, hotels in the district headquarters Jomsom and along the national highway have started to appear deserted. The winter season traditionally brings a complete halt to tourism in Mustang, forcing tourism entrepreneurs to move to lower regions t...
4 days ago
ECONOMY

Gold being traded at Rs 270,600 per tola today

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According to the Federation of Gold and Silver Dealers' Association, gold is being traded at Rs 270,600 per tola (11.66 grams) today against Rs 267,800 per tola on Friday. It has increased by Rs 2,800 per tola today as compared to Friday.    
4 days ago
ECONOMY

Forex Updates: USD selling at Rs 144.57, euro at 168.35

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The buying rate of one euro is Rs 167.65, and the selling rate is  Rs 168.35. One UK pound sterling is priced at Rs 193.09 for buying and Rs 193.90 for selling. The Swiss franc has been fixed at Rs 180.02 for buying and Rs 180.77 for selling.
4 days ago
ECONOMY

Forex Updates: USD selling at Rs 144.57, euro at 168.35

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The buying rate of one euro is Rs 167.65, and the selling rate is  Rs 168.35. One UK pound sterling is priced at Rs 193.09 for buying and Rs 193.90 for selling. The Swiss franc has been fixed at Rs 180.02 for buying and Rs 180.77 for selling.
4 days ago