Articles & Updates
Fine Gold Prices Drop by Rs. 2,700 per Tola
The fine gold market has recently experienced a significant adjustment, with prices declining by Rs. 2,700 per tola. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now valued at Rs. 1,42,000 per tola, down from its previous rate of Rs. 1,44,700 per tola. Similarly, […]
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Rasuwa Customs Collects Rs 585.5 Million in Fines for Duty Evasion
Rasuwa Customs Office has collected Rs 585.5 million in fines from traders who tried to dodge customs duties by underreporting imported goods from China. Chief Customs Officer Ram Prasad Pathak shared that this amount was gathered over the past 11 months of the current fiscal year. Officer Pathak stated that goods worth Rs 59.7875 billion […]
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Gold Prices Surge by Rs. 1,900 per Tola in Nepal
The price of the highly sought-after yellow metal has surged by Rs. 1,900 per tola today compared to yesterday’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold stands at Rs. 1,44,700 per tola, a notable rise from yesterday’s Rs. 1,42,800 per tola. Similarly, Tejabi […]
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US Dollar Reaches New High in Nepal
The value of the US dollar has hit a new high in Nepal. On Friday, Nepal Rastra Bank (NRB) set the selling price of the US dollar at Rs 134.15, surpassing the previous record of Rs 134.1 set on Jestha 30. The buying price for the general public is fixed at Rs 133.55. The US […]
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Nepal’s Revenue Collection Increases by 11.3%
The Inland Revenue Department (IRD) has reported a notable increase in revenue collection over the past few months. According to IRD statistics, revenue collection reached Rs 41.19 billion by June 14 of the current fiscal year, up from Rs 37 billion during the same period last fiscal year, marking an 11.30 percent increase. In the […]
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Auction for Kumari Bank Promoter Shares Ends Today
Prudential Capital Management Company Limited is currently overseeing an auction for the promoter shares of Kumari Bank Limited (KBL), which began on 32nd Jestha, 2081, and concludes today, 7th Ashad, 2081. A total of 2,00,000 units of promoter shares are up for auction. Interested individuals and institutions can place their bids for these shares. The […]
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Gold Price Rises by Rs. 600 per Tola in Nepal
The price of gold has increased by Rs. 600 per tola today compared to yesterday’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold is now Rs. 1,42,800 per tola, up from Rs. 1,42,200 per tola. Tejabi gold also saw a rise, now priced at Rs. […]
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Guheswori Merchant Banking & Finance Approves Rs. 26 Crore Debenture Issuance
In compliance with directives from Nepal Rastra Bank and the Act on Banks and Financial Institutions, the Board of Directors of Guheswori Merchant Banking & Finance Limited (GMFIL) made a significant decision during their meeting on 5th Ashadh 2081. The board approved the issuance of debentures worth Rs. 26 crores. Each debenture will be priced […]
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Nepal Stock Exchange Sees Modest Recovery with 0.10% Increase Amid Active Trading Session
The Nepal Stock Exchange (NEPSE) Index experienced a modest gain of 2.27 points today, marking a 0.10% rise to close at 2,078.76 points. This follows a previous loss of 18.76 points from the last trading session. The market opened at 2,077.75 points and reached an intraday high of 2,086.85 points. The index hit a low […]
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Mechi Customs Office Surpasses Rs 12.93 Billion in Revenue Collection
Despite a 3.61% decrease in imports compared to the same period last fiscal year, exports have increased by 10.76%, according to Ganapati Kandel, the Public Information Officer at the Mechi Customs Office. Kandel reported that goods worth Rs 40.79 billion were imported through the Kakadbhitta customs point, while exports totaled Rs 22.21 billion. Notable increases […]
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