Business

Kathmandu- The price of gold has declined by Rs 13,400 per tola (11.66 grams) in the domestic market today. According to the Federation of Gold and Silver Dealers’ Association, gold is being traded at Rs 286,600 per tola today against Rs 300,000 per tola on Sunday. Similarly, the price of…

Kathmandu — The Ministry of Finance has approved resource consent worth Rs 19.15 billion for the management of elections to the House of Representatives and the National Assembly in the current fiscal year 2082/83. Of the total approved amount, Rs 6.31 billion has been released so far. According to the…

Kathmandu — Applications for the Initial Public Offering (IPO) of Suryakunda Hydro Electric Company Limited have opened for the general public from today, Magh 18. The company is issuing shares to the general public after completing the first-phase allocation to local residents of the project-affected areas and Nepalis working abroad.…

Kathmandu — The price of gold dropped sharply on Sunday, the first trading day of the week, witnessing a decline of Rs 18,800 per tola compared to the previous trading day. Gold, which was traded at Rs 318,800 per tola on the previous day, has fallen to Rs 300,000 per…

Kathmandu — A gang led by Binay Tamang, which had been carrying out a series of midnight robberies in Kathmandu and Bhaktapur, has been arrested after police were forced to open fire during an operation in Mulpani. Over the past three months, police units across Kathmandu had been receiving a…

Kathmandu — Nabil Bank Limited has emerged as the highest profit-earning commercial bank in the country, posting a strong growth in earnings in the second quarter of the current fiscal year. According to the unaudited financial statements published by the bank, its net profit increased by 46.71 percent, reaching Rs…

Kathmandu — The price of gold and silver in the Nepali market has continued its record-breaking trend, with gold registering a historic single-day surge on Thursday. According to the Federation of Nepal Gold and Silver Dealers, the price of gold increased by a massive Rs 20,500 per tola in a…

Kathmandu—Gold and silver prices surged sharply on Wednesday, setting new all-time records in the domestic market. The sharp rise reflects continued strength in the international bullion market and growing investor demand for precious metals. According to the Federation of Nepal Gold and Silver Dealers’ Associations, the price of hallmarked gold…

Kathmandu—Nepal Investment Mega Bank Limited has announced the sale of approximately 348,853 units of promoter (founder) shares currently held by nine of its promoter shareholders. According to the bank, the promoter shares have been put up for sale exclusively for existing founding shareholders at this stage. Interested promoter shareholders are…

Kathmandu—The Nepal Stock Exchange (NEPSE), which had gained momentum following the confirmation of elections, witnessed a sharp decline on Tuesday, shedding more than 42 points amid broad-based selling pressure. After surging by 57 points on Sunday and undergoing a marginal correction of around 3 points on Monday, the market fell…