Economy

Latest

ECONOMY

Banks’ net profits hit Rs 19.14 billion, a 45.58 percent ris...

BANKS_20240212124556.jpg
Commercial banks of Nepal earned net profit of Rs 19.145 billion in the first three months of the current Fiscal Year (FY), an increase of 45.58 percent compared to the same period last year due to a reduction in loan loss provisioning and lower costs of funds.
21 hours ago
ECONOMY

Govt terminates three infrastructure projects contracts over...

1679041482_Beni-JomsomRoad-1200x560_20230317175739.jpg
The government has terminated contract agreements for three infrastructure projects in Rautahat that have long remained stalled.
22 hours ago
ECONOMY

132 kV Keraun Substation comes into operation, boosting powe...

transmission_20220224222006.jpg
The 132 kV Keraun Substation in Kanepokhari Rural Municipality-2, Morang, has officially come into operation, marking a major step toward improving electricity supply in the district and surrounding areas.
22 hours ago
ECONOMY

Mustang Customs surpasses Rs 9 billion annual revenue target...

korala_Border_Koralla naka Mustang.jpg
The Mustang Customs Office (MCO), located at the Korala border crossing between Nepal and China, contributed customs revenue worth Rs 11.45 billion during the first three and a half months of the current Fiscal Year (FY).
1 day ago
ECONOMY

Cooperative depositors await billions as repayment efforts f...

cooperative fraud victims-1764665139.webp
The government has established a relief fund, prioritised vulnerable depositors and promised to return deposits of up to Rs 500,000 to eligible savers. However, victims say the payments made so far have done little to ease their financial distress, leaving many questioning the effectiveness of the g...
1 day ago
ECONOMY

Sudurpaschim Province’s industrial capacity utilization limi...

1623065248_sudurpaschim1-1200x560_20230210153013.jpg
The average capacity utilization of industries in Sudurpaschim Province is limited to 51.29 percent.
1 day ago
ECONOMY

SEBON eyes broader range of financial instruments in Nepal’s...

sebon_20220918191122.jpg
The Securities Board of Nepal (SEBON), in a bid to diversify and expand instruments of Nepal’s capital market, has formed a seven-member committee to develop and implement new financial instruments.
1 day ago
ECONOMY

Nepal imports EVs worth over Rs 15 billion in three months

EV-1780069805.webp
Nepal imported 6,636 electric vehicles (EVs) worth Rs 15.03 billion during the first three months of the fiscal year 2026/27, with imports rising sharply ahead of the festive season.
1 day ago
ECONOMY

Gold price plunges Rs 9,900 as silver drops Rs 360 per tola...

Gold-1786513628.webp
The price of gold in the domestic market plunged Rs 9,900 per tola (11.6638 grams) last week.
2 days ago
ECONOMY

Investors gain 96 billion as NEPSE jumps 2.13 percent in a w...

nepse_20220813152439.jpg
The Nepal Stock Exchange (NEPSE) last week increased 55.98 points (2.13 percent) after the secondary market opened for trading, with the end of Dashain.   
2 days ago