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Wednesday, October 27, 2021
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    Entrepreneurs are being urged to construct infrastructure to replace LPG with electricity, according to the Energy Minister

    Pampha Bhusal, the Minister of Energy, Water Resources, and Irrigation, has challenged entrepreneurs to build structures that will allow all sorts of home appliances to be operated with electricity within the next year. She mentioned this at a pleasantries exchange...

    The junta in Myanmar is powerless as the country’s currency falls 60% in four weeks and the economy crumbles.

    Myanmar's currency has lost more than 60% of its value since the beginning of September, boosting the cost of food and gasoline in an economy that has been in freefall since a military takeover eight months ago. "This will cause...

    Afghan central bank drained dollar stockpile before Kabul fell: document

    A report prepared for Afghanistan's international donors found that the Afghan central bank used up most of its US dollar cash reserves in the weeks leading up to the Taliban taking control of the country, exacerbating the country's current...

    The Nepal Electricity Authority has requested that service providers share cable cables

    As part of its ongoing effort to reduce cable tangles on utility poles, the Nepal Electricity Authority on Tuesday urged internet, telephone, and cable companies to upgrade their infrastructure to advanced cable wires so that they can share infrastructure...

    The NEPSE is down 18.54 points, and intraday turnover is down as well; all sectors conclude the day in the negative.

    Following a loss of 18.54 points from yesterday's closing price, the NEPSE index finished at 2,929.28 today. The index had only gained a minuscule 0.27 points the day before. The index began the day at 2,950.36 and reached an intraday...

    Despite the impact of COVID-19, Nepal’s foreign commerce grew rapidly in the first month of the current fiscal year

    Despite the impact of COVID-19, Nepal's international commerce increased by 79.71 percent in the first month of the current fiscal year 2021-2022, which began in mid-July, according to data from the Department of Customs. Exports increased by 115.85% year on...

    NEPSE Index drops by 108 points, with over 11 billion dollars in transactions.

    On Sunday, the NEPSE stock market index plummeted significantly. The index fell 108.26 points to 2818.72 points on this day. The market dropped 5.03 percent (about 147 points) in the first two hours of trading, closing at 40 minutes. The index...

    Nepali Rupee is pegged with Indian Rupee. Is the fixed exchange rate beneficial?

    The Nepalese rupiah is linked to the Indian rupee. Nepal's neighbour, India, accounts for the majority of the country's trade. As a result, India is our largest trading partner. Furthermore, Nepalese and Indian people have special ties that go...

    China’s central bank performs reverse repos worth 10 billion yuan.

    The People's Bank of China performed 10 billion yuan (1.54 billion US dollars) in reverse repos on Monday to keep the banking system reasonably liquid. According to a statement on the People's Bank of China's website, the interest rate for...

    The cost of the Tokyo Olympics was $15.4 billion. What else could the cash be used for?

    The official cost of the Tokyo Olympics is USD 15.4 billion, making it the most costly Olympics ever, according to a University of Oxford analysis. What else could a billion dollars buy? In Japan, the cost of constructing a 300-bed...

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