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AUD, Euro, Pound down; USD remains unchanged

The value of many foreign currencies including the Australian dollar, Euro, Pound, and Bahraini dinar has decreased today. While the value of the US dollar remains unchanged, the value of the Bahraini dinar has increased slightly. According to th…

Gold loses luster by Rs 600 per tola

The price of both gold and silver has gone down today. The gold price has decreased by Rs 600 per tola and silver by Rs 25. According to the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), the hallmark gold is being trade…

Molasses worth Rs 150 mln exported to Bangladesh via Kakadbhitta transit

Molasses worth Rs 149 million and 369 thousand has been exported to Bangladesh in Fiscal Year 2023/24 via the Kakadbhitta transit point in Koshi Province. Subash Pandey, Chief of Nepal Transit and Warehousing Company Limited, Kakadbhitta Branch O…

Petrol down by Rs 2, kerosene and diesel Rs 1 per liter

The prices of petroleum products have gone down. According to a press note issued by the Nepal Oil Corporation (NOC), the petrol has gone down by Rs 2 per liter and kerosene and diesel by Rs 1. The new price adjustment will take effect from Sunda…

FDI inflow exceeds Rs 295 billion; 3 provinces share less than 1%

By the end of the fiscal year 2079-80 BS (2022-23), the total foreign direct investment (FDI) Nepal received had exceeded Rs 295 billion 500 million with an increase of 11.8 percent. This has been stated in the Survey Report on Foreign Direct Inv…

Govt to renew Ncell’s license by charging 10% interest on outstanding renewal fee

The government is making preparations to renew Ncell's license by taking 10 percent annual interest on the outstanding renewal fee. With this, even though the Ncell renewal controversy seems to be over, it has highlighted a glaring disparity …

Pokhara-Jomsom air service resumes after two months

The Jomsom-Pokhara flight service has resumed from today after a hiatus of two months. The air transport service from Pokhara, the capital of Gandaki Province, to Jomsom Airport in Mustang, a tourist district, was suspended from July 1 …

Three out of NAC’s four planes grounded; international flights affected

Three out of four planes belonging to Nepal Airlines Corporation (NAC) are out of service, disrupting international fight services for the last two days. Approximately 800 passengers in Kathmandu, Hong Kong, Doha, and Dubai have been affected by …

Gold reaches all-time high of Rs 153,100 per tola

The price of gold has hit an all-time high in the Nepali market today (Wednesday). According to the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), the fine gold is being sold for Rs 153,100 per tola. Earlier, i…

Operation of ‘Podway’ as alternative public transport mulled

Easy and accessible public transport should be made available in any live city. Such service should also gain wider public trust. Nevertheless, it is difficult for the common people to access public transport services easily in the Kathmandu Valley.…
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