Economy News
Fuel Price Hike Likely as IOC Raises Supply Rates
Nepal Oil Corporation (NOC) is likely to increase fuel prices after receiving a new pricing list from Indian Oil Corporation (IOC), showing a double-digit rise in import costs. The final decision will be made by NOC's Board of Directors.
Gold Price Rises by Rs 1,000 per Tola, Silver Also Gains
Gold and silver prices increased in Nepal on Friday, with fine gold climbing to Rs 285,000 per tola and silver rising by Rs 50 per tola.
Nepal Moves to Open Secondary Stock Market to NRNs
Nepal's securities regulator is advancing plans to allow Non-Resident Nepalis (NRNs) to participate in the secondary market, while NRN representatives unveiled plans to launch an investment company and infrastructure-focused IPO.
Gold Prices Rise, Silver Declines in Nepal
Gold prices increased by Rs. 800 per tola in the Nepali market on Thursday, while silver prices slipped by Rs. 10 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
Finance Minister Wagle Eyes Asia's Second-Best Stock Market for Nepal
Finance Minister Dr. Swarnim Wagle has called for ethical capital market reforms, urging regulators to protect investors and transform Nepal's stock market into one of Asia's most competitive.
Finance Minister Wagle Takes Swipe at PM, Energy Minister Over Adviser Appointments
Finance Minister Dr. Swarnim Wagle criticized the growing number of advisers in the Prime Minister's Office and the Ministry of Energy, saying his ministry has only one unpaid adviser while prioritizing fiscal discipline and revenue collection.
Gold and Silver Prices Rise in Nepal; Gold Gains NPR 1,400 per Tola
Gold and silver prices continued their upward trend in the Nepali market on Monday, with gold rising by NPR 1,400 and silver by NPR 35 per tola.
Gold Price Jumps by Rs. 1,600 Per Tola; Silver Also Gains
Gold and silver prices increased in the Nepali market on Sunday, with gold rising by Rs. 1,600 per tola and silver gaining Rs. 60 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
Gold Price Drops Rs. 5,800 Per Tola in Nepal
Gold and silver prices fell sharply in the Nepali market on Friday, with gold declining by Rs. 5,800 per tola and silver dropping by Rs. 155 per tola.
Nepal’s EV Imports Decline as Fuel Vehicle Demand Rebounds
Nepal imported vehicles worth over Rs. 103 billion in the last fiscal year, with electric four-wheelers declining while demand for fuel-powered vehicles regained momentum.
Gold Price Rises by Rs 300 per Tola, Silver Also Gains in Domestic Market
Gold prices in Nepal edged higher on Thursday, with hallmark gold increasing by Rs 300 per tola to Rs 291,300, while silver also recorded a gain of Rs 25 per tola.
Nepal Earns Record Rs 29.32 Billion from Electricity Exports in FY 2082/83
Nepal achieved a record-breaking Rs 29.32 billion in electricity export earnings during FY 2082/83, driven by a 62.89% increase in power exports to India and Bangladesh.