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ECONOMY

Imports of electrical cooking utensils surge amid uncertaint...

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Records from the Department of Customs (DoC) show that Nepal imported 8,231 units of ready-made infrared and induction stoves last month. While the total value of the electric stoves was more than Rs 139 million, the majority were induction stoves.
13 hours ago
ECONOMY

Ridge Line Energy lists 11.85 million shares on NEPSE, tradi...

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A total of 11.85 million shares of the company were listed on NEPSE on Wednesday. Of these, 2.6 million units are ordinary shares issued to the public under the IPO, while the remaining 9.29 million units are promoter shares.
14 hours ago
ECONOMY

Petroleum imports via Birgunj rise to Rs 123.67 billion in t...

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According to the Birgunj Customs Office, the imports generated Rs 52.15 billion in revenue during the review period.
15 hours ago
ECONOMY

Transport fares likely to increase by up to 11.33 percent fo...

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The DoTM has submitted a proposal to the Ministry of Physical Infrastructure and Transport to revise fares based on the “scientific fare adjustment system.” Citing rising inflation and fuel costs, transport operators have urged the government to immediately implement the revised fares, s...
17 hours ago
ECONOMY

Profit booking corrects NEPSE by 24.45 points, daily turnove...

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Nepal Stock Exchange (NEPSE) on Wednesday plunged 24.45 points to close at 2,935.94 points.
20 hours ago
ECONOMY

NRB to mop Rs billion from BFIs for liquidity management

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The central bank will raise the amount through a bidding process and has invited proposals from banks and financial institutions. The auction is scheduled to take place online at 3:00 pm on Wednesday.
21 hours ago
ECONOMY

Action plan to implement 16th periodic plan made public

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The National Planning Commission unveiled the document on Tuesday.
22 hours ago
ECONOMY

Finance Ministry explores strategies to mitigate impacts of...

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The Ministry of Finance (MoF) has started to study the possible impact of the Middle East crisis citing recommendations to recommend the government on alternative strategies to minimize the possible adverse impacts.
1 day ago
ECONOMY

NIA grills seven insurers over violating laws and financial...

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According to the NIA, it has taken action against Asian Life Insurance, Himalayan Life, The Oriental Insurance, Himalayan Re-Insurance, Alliant Re-insurance Brokers Pvt Ltd, Neco Insurance and Nepal Life Insurance for not complying with various provisions of the Insurance Act.
1 day ago
ECONOMY

3,500 projects proposed for equalization and special grants

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According to the National Planning Commission (NPC), local levels have proposed 3,358 projects and programmes and the provinces 140 projects and programmes for this purpose.
1 day ago