Latest News
Energy and Finance Ministers Reach In-Principle Agreement to Remove VAT on Electricity
Energy Minister Biraj Bhakta Shrestha and Finance Minister Dr. Swarnim Wagle have reached an in-principle agreement to remove VAT currently imposed on electricity consumption.
20 days ago
Nepal Prepares to Export 40 MW to Bangladesh from Alternative Hydropower Projects
Following flood damage to the Trishuli and Chilime hydropower projects, the Nepal Electricity Authority (NEA) is preparing to supply 40 MW of electricity to Bangladesh from alternative projects in the Solu Corridor.
20 days ago
SEBON Sets New Eligibility Criteria for Companies Seeking IPO Approval
The Securities Board of Nepal (SEBON) has drafted new eligibility criteria for companies planning to issue Initial Public Offerings (IPOs), covering governance, financial strength, business readiness, disclosure, fund utilization, and sectoral risk.
20 days ago
Rs. 4.60 Arba Investment Secured for 22.50 MW Jaldigad Hydropower Project
The 22.50 MW Jaldigad Hydropower Project in Rukum West has secured total financing of Rs. 4.60 arba, including bank loans and promoter equity.
20 days ago
Gold Price Falls by Rs. 1,300, Silver Climbs Rs. 10
Gold prices declined by Rs. 1,300 per tola in the domestic market today, while silver prices recorded a slight increase.
20 days ago
Shine Resunga Development Bank has called its 18th AGM for Ashwin 28 to approve a 16% dividend for FY 2082/83.
Shine Resunga Development Bank Limited (SHINE) has scheduled its 18th Annual General Meeting (AGM) for Ashwin 28, 2083. The meeting will be held at Hotel Saffron C.K. Private Limited, Butwal, Rupandehi, starting at 11:30 AM.
20 days ago
Beni Hydropower IPO Allotted: 86,320 Investors Receive Shares
Beni Hydropower’s IPO has been allotted through a lottery, with 86,320 applicants receiving 10 shares each.
20 days ago
Gandaki Sends 15-Point Climate Agenda for PM Shah’s UN Address
Gandaki Province has submitted a 15-point climate agenda for Prime Minister Balendra Shah to raise at the 81st UN General Assembly, focusing on Himalayan climate finance, loss and damage, early warning systems, resilient infrastructure and mountain communities. PM Shah is scheduled to address the UN General Assembly on September 24.
21 days ago
Nepal’s Inflation Hits 21-Month High at 5.96% in Shrawan
Nepal’s year-on-year consumer inflation reached 5.96% in Shrawan 2083, the highest level in 21 months, driven mainly by rising food, oil, fruit and transportation prices.
21 days ago
Nepal Exports Electricity Worth Over Rs 5.09 Billion in Bhadra
Nepal exported 56.56 crore units of electricity to India and Bangladesh during Bhadra, generating more than Rs 5.09 billion in revenue.
21 days ago
Bhote Koshi Flood Victims Face Double Burden of Loss and Bank Debt
Bhote Koshi flood has destroyed homes, land and businesses in Rasuwa and Nuwakot, leaving survivors struggling with bank and cooperative loans. Authorities are studying possible relief measures, including restructuring, rescheduling and loan write-offs in eligible cases.
21 days ago
Driving License Printing Begins Under New EDLVRSS System
The government has started printing driving licenses through the Electronic Driving License and Vehicle Registration System (EDLVRSS) from Shrawan 1 to make license printing and distribution faster and more efficient.
21 days ago