Tag: Fire

  • Devastating Fire at Bharat Furniture: A Costly Setback for the Industry

    Devastating Fire at Bharat Furniture: A Costly Setback for the Industry


    A devastating fire broke out at Bharat Furniture, located in Matihani-8 of the district, causing extensive damage estimated at over Rs 3.5 million. Owned by Dukhmochan Thakur, the furniture industry fell victim to the blaze, which ignited around 10:00 pm on Monday, as reported by the District Police Office, Mahottari. The inferno swiftly engulfed the premises, consuming furniture and raw materials stored within the establishment.

    Efforts to combat the fire involved teams comprising the Armed Police Force, Nepal Police, and local residents, supported by a fire engine. Despite their collaborative endeavors, the true extent of the damage inflicted by the fire is currently under assessment, highlighting the substantial setback experienced by Bharat Furniture and its proprietor, Dukhmochan Thakur.

  • Nepalese Gold Market Hits Record High: Fine Gold Peaks at Rs. 1,21,600 per Tola

    Nepalese Gold Market Hits Record High: Fine Gold Peaks at Rs. 1,21,600 per Tola


    The Nepalese gold market experienced an extraordinary surge, reaching an unprecedented peak on December 4, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reported an astonishing single-day increase of Rs. 800, driving the price of fine gold to an extraordinary level of Rs. 1,21,600 per tola.

    Just a day earlier, on December 3, 2023, fine gold had already achieved a historic high of Rs. 1,20,800 per tola, setting a record at that time. Another coveted variant, Tejabi gold, also witnessed a notable uptick, currently valued at Rs. 1,21,000 per tola, up from its previous rate of Rs. 1,20,200.

    In contrast to the gold rally, the price of silver has remained stable at Rs. 1,545 per tola.

    The surge in gold prices in the domestic market is in line with the global trend, where gold is now priced at $2,088.00 per ounce. This surge has had a significant impact on the domestic bullion market. Concurrently, silver is being traded at $25.47 per ounce on the international market.

  • How can we start financial independent retirement early (fire) movement in nepal?

    How can we start financial independent retirement early (fire) movement in nepal?


    I am keenly interested in fire movement and working hard to retire at early. However I am unable to find any like minded community in our country.


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