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Business

Nepal–Vietnam Chamber of Commerce & Industry gets new leadership

The 14th General Assembly of the Nepal–Vietnam Chamber of Commerce and Industry on Wednesday elected a new executive committee under the leadership of businessperson Sunil Bhakta Shrestha. The new leadership includes Deepak Kumar Malhotra a…

MCA-Nepal marks start of construction of New Butwal Substation and 18km transmission line

Millennium Challenge Account Nepal (MCA-Nepal) on Wednesday commemorated the initiation of construction of the 18-km transmission line and the New Butwal Substation in Sunawal, Nawalparasi West. The new infrastructure, part of the Millennium Challen…

Gold increases by Rs 5,200 per tola today

The price of gold has gone up by Rs 5,200 per tola on Tuesday, the third trading day of the week.  With the price hike in the local market, the yellow precious metal is being sold for Rs 247,900 per tola. The price of bullion was Rs 242,7…

KOICA grants USD 2.5 mln in interest subsidy for Korea returnee

Korea International Cooperation Agency (KOICA) and Agricultural Development Bank Limited (ADBL) have entered into an arrangement to implement the component “Increased Access to Financial Support for Korea Returnee Migrants.” This comp…

Gold price ups Rs 2,900 per tola today

The price of gold has increased in the domestic market today following the increase in its demand and price rise in the international market. The price of gold has been set at Rs 244,600 per tola (11.66 grams) today against Rs 241,700 on Friday. …

Gold price Rs Rs 242,300 per tola today

The fluctuation in the gold and silver price has its impact in the domestic market as well. The price of both the precious metals has increased in the domestic market today as compared to Tuesday. According to the Federation of Nepal Gold and Sil…

Fitch assigns Nepal at 'BB-' with stable outlook despite political turmoil

Fitch Ratings has affirmed Nepal's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a stable outlook. The rating reflects the nation's low debt burdens, strong external liquidity, and solid medium-term growth pros…

Daramkhola hydropower project begins power production

The Daramkhola hydropower project in Baglung has started commercial power production. The project with a capacity of 9.6 megawatts is developed by the Daramkhola Hydro Energy Limited. The power produced by the project is also connected to the cen…

Gold price Rs 239,500 per tola

The price of gold and silver has deceased in the domestic market on Tuesday, the third trading today of the week. According to the Federation of Gold and Silver Association, gold is being traded at Rs 239,500 per tola (11.66 grams) today. The gol…

Nepse gains 9 points after a week

Nepal Stock Exchange (NEPSE) has increased by nine points after a week of transactions on Monday, the second trading day of the week. The bench mark index which went down by 5.51 points on Sunday increased by 9.76 points today. Nepse did not i…
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