KATHMANDU, May 20: With the mountain climbing season drawing to a close, airline companies except Tara Air have ceased the Ramechhap-Lukla flights for now. Summit Air has already stopped its Ramechhap-Lukla flights, while Tara Air plans to continue flying throughout May.

KATHMANDU, May 20: Nepal Stock Exchange (NEPSE) on Monday surged 27.54 points to close at 2,092 points.

TAPLEJUNG, May 20: The groundbreaking ceremony for the much-anticipated 128 MW Tamor-Mewa hydropower project is set for May 23, Thursday.

Gold price hits record high of Rs 141,800 per tola

Published On: May 20, 2024 12:05 PM NPT By: Republica

KATHMANDU, May 20: The price of gold surged by Rs 900 per tola in the domestic market on Monday, reaching an all-time high.

KATHMANDU, May 20: The government has expressed its commitment to maintain a smooth supply of chemical fertilizers for the upcoming rice plantation season despite having less than sufficient stock of fertilizers.

KATHMANDU, May 19: Nepal Stock Exchange (NEPSE) on Sunday increased by a whopping 45.69 points in a positive response expressed by investors to the revised monetary policy.

Gold, silver prices hit record high

Published On: May 19, 2024 12:46 PM NPT By: Republica

KATHMANDU, May 19: The price of gold has climbed in the domestic market. According to the Federation of Nepal Gold and Silver Dealers' Associations, the price of fine gold has increased by Rs 1,600 per tola (11.66 grams) and reached Rs 140,900. Fine gold was traded at Rs 139,300 on Friday.

KATHMANDU, May 19: The Independent Power Producers' Association (IPPAN) has established policy research and land acquisition and construction funds.

KATHMANDU, May 19: Nepal Rastra Bank (NRB) has turned flexible over the mandatory capital adequacy funds that the banks and financial institutions (BFIs) have to maintain while issuing credits to their clients.

KATHMANDU, May 18: Nepal received foreign investment commitments amounting to over Rs 53 billion  in the first 10 months (mid-July to mid-April) of the current fiscal year 2023/24.