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Visiting USAID representative Power meets with Finance Minister Paudel
Visiting Administrator of the United States Agency for International Development (USAID), Samantha Power, met with Finance Minister Bishnu Prasad Paudel at the latter’s office in Singha Durbar today. The meeting touched on an array of subjects including the bilateral relations between Nepal and the US, it has been said. On the occasion, Minister Paudel said […]
Read MoreMolung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.
Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079. The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit […]
Read MoreSahas Urja’s net profit fell 37.26% in the second quarter.
Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore […]
Read MoreGold falls Rs. 1,400 from its all-time high, trading at Rs. 106,100 per tola today.
Today’s gold price has dropped by Rs. 1,400 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,100 per tola. Yesterday, the rate remained unchanged at Rs. 107,500 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,600. In contrast, the […]
Read MoreGold sets a new all-time high; gains Rs 1200 per tola in a single day to trade at Rs 107,500.
In the Nepalese market, the price of gold has reached an all-time high. The gain for today is the result of a Rs. 1200 single-day gain from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,500 per tola. Yesterday, the rate […]
Read MoreGold Near All-Time High; Gains Rs 500 Per Tola Today to Trade at Rs 106,300, Silver Follows Suit
The price of gold has surged by Rs. 500 in the domestic market today. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 106,300 per tola. Yesterday, the rate was maintained at Rs. 105,800 per tola. Meanwhile, Tejabi gold is […]
Read MoreThe Finance Ministry is developing an action plan for policy priorities and minimum programs.
The Ministry of Finance has created an action plan to carry out the policy priorities and minimum programs. The action plan, according to the Ministry, includes policies and programs, milestones, resources, time constraints, monitoring and evaluation indicators, and so on. The action plan discusses promoting revenue collection effectiveness, further systematizing the revenue system, and maintaining […]
Read MoreCan I open a verified Paypal account in Nepal?
Paypal is not available in Nepal. Now that the government have given permission to several banks to issue dollar cards to Nepali citizens, Paypal might start looking at supporting Nepali market as well. However, being a small country, a tiny market for Paypal and strict NRB policies, it could not be possible anytime soon.
Read MoreWhat is Domaining? How to Begin a Domain Name Business
For those who are unfamiliar with the domaining business, it entails buying, selling, developing, and monetizing domain names. It is, in fact, a BIG business with the potential to earn you a million dollars. You may not believe me, but when you consider that AsSeenOnTv.com was sold for $5.1 million, Autos.com was sold for $2.2 […]
Read MoreBecoming an Investor in Nepal
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment […]
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