Articles & Updates

Avasar Equity Diversified Fund Invests in Two Hydropower Projects in Nepal's Dolakha District 1
Business | Market | Economy

Avasar Equity Diversified Fund Invests in Two Hydropower Projects in Nepal’s Dolakha District

Avasar Equity Diversified Fund, Nepal’s first domestic Private Equity Fund registered with the Securities Board of Nepal (SEBON), has recently entered into an investment agreement with Him Parbat Hydropower Limited. Under this agreement, the Fund will invest NPR 39.06 crore in the development of two Run-of-river hydropower projects in Dolakha District of Bagmati Province. The […]

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Gold Prices Drop by Rs. 1700 per Tola, Silver Also Declines by Rs. 20 per Tola 3
Gold | Silver | Forex

Gold Prices Drop by Rs. 1700 per Tola, Silver Also Declines by Rs. 20 per Tola

Gold prices experienced a decline today, losing Rs. 1700 per tola. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current trading price for fine gold stands at Rs. 111,600 per tola, whereas it was maintained at Rs. 113,300 per tola the previous day. Similarly, Tejabi gold is […]

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Gold Sets New All-Time High, Surging by Rs. 800 from Previous Day's Price 5
Gold | Silver | Forex

Gold Sets New All-Time High, Surging by Rs. 800 from Previous Day’s Price

Gold has once again broken its all-time high record by increasing Rs. 800 from yesterday’s price. As reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current trading rate for fine gold stands at Rs. 113,300 per tola, compared to yesterday’s rate of Rs. 112,500 per tola. Similarly, […]

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Department of Tourism Generates Revenue of NRs. 76.57 Crore through Expedition Permits for Nepal's Majestic Peaks 7
Business | Market | Economy

Department of Tourism Generates Revenue of NRs. 76.57 Crore through Expedition Permits for Nepal’s Majestic Peaks

The Department of Tourism (DoT) in Nepal has achieved a significant milestone by generating royalty of NRs. 66.64 crores through the issuance of expedition permits for Mt. Everest, the highest mountain in the world. As of May 14, 2023, during the ongoing Spring expedition season, a total of 478 expedition permits have been issued for […]

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Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola 9
Gold | Silver | Forex

Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola

The price of gold in the local market has reached a new all-time high, increasing by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 112,500 per tola, while Tejabi gold is being traded at Rs. 111,950 per tola. […]

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Life Insurance Companies in Nepal Compete to Increase Premium Collections 11
Business | Market | Economy

Life Insurance Companies in Nepal Compete to Increase Premium Collections

Insurance companies in Nepal are competing to increase their premium collections, the amount of money they receive from policyholders. During the first ten months of the fiscal year 2079/80, life insurance companies collected a total of Rs. 1.14 Kharba in premiums from their 1.38 crore active insurance policies. A report from the Nepal Insurance Authority […]

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Gold Prices Reach All-Time High with Rs. 1500 Single-Day Gain 13
Gold | Silver | Forex

Gold Prices Reach All-Time High with Rs. 1500 Single-Day Gain

Gold prices have once again grabbed attention as they reached a record high today. The surge in value amounts to a significant single-day gain of Rs. 1500 compared to yesterday’s price. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,000 […]

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Kumari Bank Limited Initiates Auction of Promoter Shares to General Public 15
Business | Market | Economy IPO | FPO

Kumari Bank Limited Initiates Auction of Promoter Shares to General Public

The promoters of Kumari Bank Limited (KBL) have decided to sell 7,57,699 units of their shares through an auction. This auction is open to individual investors, companies, and institutions, and will take place from 16th Jestha to 22nd Jestha, 2080. Interested bidders can participate in the auction with a minimum bid rate of Rs. 121 […]

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Gold Price Surges Near All-Time High Record with Significant Gains 17
Gold | Silver | Forex

Gold Price Surges Near All-Time High Record with Significant Gains

The price of gold is reaching an all-time high record, and today it experienced significant gains. Fine gold rose by Rs. 2400 in a single day, while tejabi gold increased by Rs. 2350 compared to yesterday’s price. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is […]

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Nepal's Budget 2023-24 (2080/81) : Key Highlights and Allocations 19
Business | Market | Economy

Nepal’s Budget 2023-24 (2080/81) : Key Highlights and Allocations

Finance Minister Prakash Sharan Mahat has unveiled the budget estimates for Nepal’s fiscal year 2023-24, outlining significant allocations and priorities across sectors. This article provides a comprehensive overview of the budget, highlighting key sectors such as agriculture, education, infrastructure, and social welfare. Read on to discover the key highlights of Nepal’s budget for the upcoming […]

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