Economy News

Gold touches record high at Rs 40,590 per tola thumbnail

Gold touches record high at Rs 40,590 per tola

Gold and silver have touched new heights in the domestic market by breaking all previous records. The price of gold has ...
Nepal to give Indian goods advantage, scrap ARF thumbnail

Nepal to give Indian goods advantage, scrap ARF

Bowing to Indian pressure, Nepal has committed itself to gradually eliminating the Agricultural Reforms Fee (ARF) for Indian agro goods, ...
IC worth NRs 19 billion withdrawn through ATMs in five months thumbnail

IC worth NRs 19 billion withdrawn through ATMs in five months

Indian Currency (IC) worth more than NRs 19 billion was withdrawn from accounts in Nepali banks through various ATMs in India ...
CG acquires 51 pc in Raybot thumbnail

CG acquires 51 pc in Raybot

Chaudhary Group (CG) has acquired 51 percent stake in Raybot Springs Mineral Water -- the producer of well-known bottled water brands ...
Banks to cap savings rate at 8 pc thumbnail

Banks to cap savings rate at 8 pc

Bankers have started implementing ´informal gentleman understanding´, under which they have concurred to limit maximum interest returns on savings deposits at ...
Nepse confident to begin CDS by April thumbnail

Nepse confident to begin CDS by April

Central Depository System (CDS) and Clearing Company is all set to start its operation by April. "The software developers have already ...
Cooperatives – a haven for unscrupulous promoters thumbnail

Cooperatives – a haven for unscrupulous promoters

A joint inspection by regulatory bodies have found big cooperatives operating in the Kathmandu Valley of making investment in shares of ...
Govt mulls revision of market regulation thumbnail

Govt mulls revision of market regulation

The government is mulling to revise market regulation and consumer laws to promote competition in free market economy and protect interest ...
Banks in the soup over liquidity thumbnail

Banks in the soup over liquidity

Delay in the release of funds for capital expenditure by the government is going to hurt the growth as the delay ...
Sebon to punish Rajdhani investment thumbnail

Sebon to punish Rajdhani investment

The Securities Board of Nepal (Sebon) has decided to take action against Rajdhani Investment Fund (RIF) after it was found illegally ...

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