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Gold continues to glitter, silver loses luster

The gold price set a new record after it increased by Rs 700 per tola today (Friday). According to the Federation of Gold and Silver Dealers Association (FENEGOSIDA), the hallmark gold is being sold for Rs 139,300 per tola and worked gold for Rs …

Taplejung becoming hydro hub with 16 hydel projects in Tamor

Taplejung district has received a huge investment in hydropower projects in the Tamor River, the main river in the district, and other rivers. Officials shared that 16 hydroelectricity projects are under construction in the Tamor River with aroun…

Investment Summit: 19 transport projects including 3 expressways to metro rail in Kathmandu

The Investment Board Nepal is set to showcase 19 projects in the transport sector in the upcoming Nepal Investment Summit 2024. The Board has said it will present the road and transport projects including half a dozen tunnels to international inv…

Nepal an attractive destination for int’l investors, FinMin tells US businessmen

Finance Minister Barshaman Pun has appealed to American businessmen to come to Nepal for investment. In an interaction with officials of the US Chamber of Commerce held in Washington DC on Tuesday night (according to Nepali time), Minister Pun sa…

Gold hits Rs 139,200 per tola

The price of yellow metal has set a new record today in the domestic market. Hallmark gold is being traded at Rs 139,200 per tola (11.66 grams) today, an increase by Rs 1,700 per tola as compared to Monday. According to the Federation of Nepal Go…

Bhaktapur industrial festival collects Rs 80 million proceeds

The Bhaktapur industrial festival organized at Sallaghari in the district on the occasion of New Year 2081 made the transaction of Rs 80 million. Chair of festival organizing committee, Sandip Mahat, shared that they were able to make more than R…

Price of petrol, diesel, kerosene up by Rs 3 per liter

The Nepal Oil Corporation (NOC) has hiked the prices of petrol, diesel, and kerosene by three rupees per liter each. The new price will be effective from this midnight, the NOC said issuing a press note today. The NOC said the prices of petrol…

Schedule of Third Nepal Investment Summit unveiled

The two-day schedule of the Third Investment Summit going to be organized in the federal capital, Kathmandu, on April 28 and 29 has been made public. As per the information shared by the Investment Board, two special sessions along with the inaug…

Thamel and Durbar Marg to open 24 hours from today

Thamel and Durbar Marg area will be open 24 hours a day from today. Accordingly, the District Administration Office Kathmandu has created a code of conduct and is going to operate the two major thoroughfares of the federal capital round the …

ADB projects Nepal's economy to grow by 3.6% in FY 2024

The Asian Development Bank (ADB) has projected that Nepal's economy is to grow by 3.6% (at market prices) in fiscal year 2024. Releasing the Asian Development Outlook (ADO) April 2024, a flagship publication of the Asian Development Bank (ADB…