Cost

Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80 3
Business | Market | Economy

Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80

Himalayan Power Partner Limited (HPPL) has released its third-quarter report for the ongoing fiscal year, revealing a Net Loss of Rs. 10.43 crores. In contrast, during the same quarter of the previous fiscal year, the company had recorded earnings of Rs. 1.70 crores. HPPL reported a revenue of Rs. 26.33 crores from the sale of […]

Read More
Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000. 5
Gold | Silver | Forex

Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.

Gold prices continue to break all-time highs. Today’s increase is due to a single-day gain of Rs. 2000 in fine gold, while tejabi gold has climbed by Rs. 1,950 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 111,000 per tola. […]

Read More
Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 7
Business | Market | Economy

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.

  In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan […]

Read More
Today's gold price in Nepal has dropped by Rs 1000 per tola. 9
Gold | Silver | Forex

Today’s gold price in Nepal has dropped by Rs 1000 per tola.

Today’s gold price has dropped by Rs. 1000 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 108,000 per tola. Yesterday, the tariff remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 107,500. In contrast, the […]

Read More
How to Renew Driving License in Nepal
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]

Read More
Imports and exports both fell in the first eight months of fiscal year 1979/80. 12
Business | Market | Economy

Imports and exports both fell in the first eight months of fiscal year 1979/80.

The first eight months of Nepal’s fiscal year 2079/80’s foreign trade statistics have been released. According to government data released on Wednesday, Nepal’s trade deficit fell by 17.86 percent to Rs. 9.53 Kharba from Rs. 11.60 Kharba the previous year. The trade deficit is the amount by which a country’s imports cost more than its […]

Read More
Gains Rs 2,900 per tola in one day, trading at Rs 110,000 14
Gold | Silver | Forex

Gains Rs 2,900 per tola in one day, trading at Rs 110,000

Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at […]

Read More
Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today. 16
Gold | Silver | Forex SS

Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today.

Today’s gold price has risen by Rs. 600 on the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,100 per tola. Yesterday, the pricing remained unchanged at Rs. 103,500 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 103,600. In […]

Read More
Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2 18
Business | Market | Economy

Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter. This quarter’s net profit decreased as a result of a fall in sales income and […]

Read More