The gold price surged by Rs 500 per tola on Friday, reclaiming some lost ground after days of depreciation in the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association (FeNeGoSiDA), fine gold is currently commanding Rs 118,000 per tola, marking a rise from Thursday’s rate of Rs 117,500 per tola. […]
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The government has signed an agreement with the Asian Development Bank (ADB) to receive a concessional loan of approximately Rs 21 billion and grants of around Rs 700 million. For the implementation of the ‘Urban Resilience and Livelihood Improvement Project,’ Finance Secretary Krishna Hari Puskar and Country Director of ADB, Arnaud Cauchois in Nepal, signed […]
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Thursday saw a further decline in the price of gold on the local market, with the precious metal losing Rs 700 per tola. The Federation of Nepal Gold and Silver Dealers’ Association (FeNeGoSiDA) reports that pure gold is currently selling for Rs 117,500 per tola, which is a significant drop from the price of Rs […]
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While the government is saying that the economy has improved, a study conducted by the Confederation of Nepalese Industries (CNI) has shown that the country’s economy is still in trouble. According to the survey conducted by CNI, the overall demand in the market has decreased by 36.93 per cent compared to two years ago. A […]
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The seventh meeting of the Nepal-India joint commission concluded by signing four agreements on Thursday. The meeting reviewed the entire gamut of bilateral relations and cooperation. The two countries signed agreements relating to bilateral network expansion, trade, water resources, and power trade. The agreements were signed in the presence of Foreign Minister Narayan Prakash Saud […]
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