Nepal Rastra Bank (NRB) has responded to the accumulation of excess liquidity in the banking system by issuing another reverse repo. After previously issuing…
Articles & Updates
“126 MW Power Added to Dordi Corridor: Enhancing Electricity Transmission”
The 132 KV Dordi Corridor Double Circuit Transmission Line Project has successfully connected 126.84 MW of electricity. This transmission line was built to transfer…
ADB Approves $50M Loan to Boost Nepal’s Trade
The Asian Development Bank (ADB) has approved a $50 million USD loan to help Nepal boost its domestic and international trade. Trade and industry…
Gold Drops by Rs. 600 Per Tola, Trades at Rs. 110,000; Silver Stable at Rs. 1,375
In the domestic market today, the price of fine gold has decreased by Rs. 600 per tola. The current trading rate for fine gold,…
Pokhara Metropolis Offers 70% Grant in Agro Sector.
Pokhara Metropolitan City has announced plans to offer a 70 percent grant in the agriculture sector based on production. The Deputy Mayor, Manju Devi Gurung,…
“Sanima Reliance Life Insurance Offers 100% Waiver on Delayed Charges Till Asar 28”
Sanima Reliance Life Insurance has introduced a renewal scheme aimed at waiving off 100% of delayed charges for its current policyholders. The scheme will…
“CorporatePay Surpasses NRs 50 Billion Transaction Milestone in Jestha 2080”
In the month of Jestha, 2080, the monthly transactions through CORPORATEPAY exceeded NRs. 50 Billion, marking the highest amount for a single month since…
Nepal and India Sign 5-Year Pact for 200 MW Power Supply
India and Nepal have made a significant agreement for India to purchase 200 megawatts (MW) of electricity from Nepal during the rainy season. The deal…
“Auction of Promoter Shares of Jyoti Bikash Bank and Prabhu Bank Begins Today”
Jyoti Bikash Bank Limited (JBBL) is offering 168,496 units of promoter shares for sale through a public auction. The auction is open to individual…
“Gold Plummets Rs. 700 to Rs. 109,800 per Tola; Silver Slips Rs. 25”
Today, the price of fine gold in the domestic market has dropped by Rs. 700 per tola, while the price of tejabi gold has fallen…
Nepal’s Trade Deficit Reaches Rs 1337 Billion in 11 Months
In the 11 months of the fiscal year 2080/081 BS, Nepal’s trade deficit has reached Rs 1337.39 billion. According to the data released by…
Sana Kisan Bikas Laghubitta and RMDC Laghubitta Joint Transaction Begins on Ashad 24
Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC), both licensed financial institutions in Nepal, have successfully completed their…