Economy News
Monetary Management: NRB Opens Bidding for NPR 40 Arba Deposit Collection
To manage the excess liquidity in the banking system, Nepal Rastra Bank (NRB) is set to withdraw NPR 40 billion through a deposit collection instrument for a period of 160 days. The central bank is utilizing this tool as loan demand remains sluggish despite high deposit levels.
4 months ago
Gold Price Surges by Rs 1,600; Silver Retreats Slightly in Nepal
Gold jumps by Rs 1,600 to reach Rs 301,300, while silver drops to Rs 5,160 today.
4 months ago
Good News for Gold Buyers: Prices Drop by Rs. 1,300 Today!
Fine gold settles at Rs 299,700 as the domestic market sees a cooling period following recent price surges.
4 months ago
Transport Entrepreneurs Demand Fare Adjustment Following Fuel Price Hike
The Federation of Nepalese Transport Entrepreneurs (FNTE) has issued an ultimatum to the government: either implement a "scientific fare adjustment" or withdraw the recent hike in petroleum prices.
4 months ago
Reform and Service Delivery are Top Priorities: Finance Minister
Finance Minister Dr. Swarnim Wagle announced that the government is prioritizing digital service delivery and large-scale economic reforms, including the repeal of outdated laws to modernize the economy.
4 months ago
Rs 450 Million Distributed to Farmers in Nawalparasi Purba
Around Rs 450 million in agricultural grants were distributed to 951 farmers in Nawalparasi Purba over five years.
4 months ago
Nepal’s Capital Spending Falls to 23.58% in Nine Months
Nepal’s capital expenditure remains weak at just 23.58%, despite overall budget utilization reaching nearly 54%.
4 months ago
Gold Surges to Rs. 299,800 per Tola; Silver Also Rises
Gold prices jumped by Rs. 3,100 per tola in Nepal, reaching Rs. 299,800, while silver increased by Rs. 165.
4 months ago