Business

Kathmandu- Prices of gold and silver continued to rise in the domestic market on Thursday, reaching record highs, largely influenced by the strengthening of the US dollar, according to traders and market analysts. The Federation of Nepal Gold and Silver Dealers’ Association reported that the price of hallmark gold increased…

Kathmandu- The total number of deposit accounts in banks and financial institutions across the country has crossed 68 million, while the number of loan accounts remains below two million, according to the latest data released by Nepal Rastra Bank (NRB). As of mid-November of the current fiscal year, deposit accounts…

Kathmandu- The upcoming elections scheduled for Falgun 21 are estimated to cost the state Rs 27 billion, with security arrangements accounting for the largest share of the budget, according to government sources. The election-related budget is being jointly managed by the Ministry of Home Affairs, the Election Commission, and security…

Kathmandu- In the high-profile embezzlement case involving Mahalaxmi Bikas Bank’s Gokuleshwor branch in Darchula, the High Court’s Mahendranagar Bench has ordered mixed custodial outcomes for the four accused bank employees. Two have been released on bail, while the remaining two have been sent to judicial custody for pre-trial detention. The…

Kirtipur- Tribhuvan University (TU), the oldest university in Nepal, is celebrating its 51st Convocation Day today in Kirtipur. For the first time, the university has invited a Nobel laureate as the chief guest. Nobel Prize-winning physicist Prof. Kajita Takaaki from Japan is attending the ceremony, according to TU Vice-Chancellor Prof.…

Kathmandu- Urban Development Minister KulMan Ghising has stated that works such as reconstruction and infrastructure improvement in sectors affected by the Gen Z movement and natural disasters has been rapidly progressing. Minister Ghising held a press conference at the ministry today on the occasion of completion of one hundred days…

Kathmandu- Christmas, observed worldwide on December 25, is traditionally celebrated as the birth anniversary of Jesus Christ. While it remains a major religious festival for the Christian community, Christmas has increasingly become a global cultural celebration, embraced by people across communities for its message of peace, goodwill, and togetherness. Why…

Kathmandu- The Securities Board of Nepal (SEBON) has formed a committee to investigate alleged irregularities in the initial public offering (IPO) of Reliance Spinning Mills. A meeting of the SEBON board held on Friday decided to constitute the investigation committee under the coordination of board member Binod Kumar Bhattarai. The…

Kathmandu- Real estate transactions increased significantly in Mangsir of the current fiscal year following the resumption of kittakaat(Land division), according to the Department of Land Management. The property market had slowed sharply after land reform and land revenue offices were vandalised during the Gen Z protests in Bhadra and land…

Bagmati- The Bagmati Province Government has collected revenue amounting to Rs 16.11 billion in the first five months of the current fiscal year 2082/83, achieving 23.88 percent of its annual revenue target. According to Indraraj Sanyal, an official at the Ministry of Internal Affairs and Planning Development, the province collected…