Author: Nepal123

Business | Finance | Economy

PM Prachanda Advocates Innovation and Investment at Nepal-EU Business Forum

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ addressed the Nepal-EU Business Forum on the momentous occasion of the 50th anniversary of Nepal-EU diplomatic relations, emphasizing the government’s commitment to fostering innovation, entrepreneurship, and facilitating investment processes. Speaking at the inauguration of the forum in Kathmandu, Prime Minister Dahal reiterated the government’s dedication to promoting a culture […]

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Korea to Invest $9.8 Million in Green Jobs Creation in Pokhara
News

Korea to Invest $9.8 Million in Green Jobs Creation in Pokhara

In a significant move towards sustainable development, the Korean government has pledged a generous assistance of $9.8 million for the creation of green jobs in Pokhara, Nepal. The Memorandum of Understanding (MoU) for the project titled ‘Green Job Creation through Recycling and Up-cycling Project’ was signed by Ambassador Taeyoung Park and Finance Secretary Madhu Kumar […]

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Nepal’s 16th Five-Year Development Plan Unveiled
News

Nepal’s 16th Five-Year Development Plan Unveiled

In a recent announcement, the government of Nepal has unveiled its 16th Five-Year Development Plan, outlining ambitious goals for economic growth and social development. The plan, revealed during a press conference at Singha Durbar, aims to propel the country’s economy forward, targeting a substantial increase in GDP and significant improvements in key indicators. The National […]

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Gold Prices Dip by Rs 700 per Tola in Nepali Market Today
Gold & Silver

Gold Prices Dip by Rs 700 per Tola in Nepali Market Today

The domestic gold market in Nepal witnessed a notable decrease today, with the price of gold dropping by Rs 700 per tola. According to the Nepal Gold and Silver Dealers’ Association, the current price for fine gold stands at Rs 137,400 per tola, whereas standard gold is being traded at Rs 136,750 per tola. Comparatively, […]

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Nepali Stock Market Witnesses Broad Gains: NEPSE Index Soars
NEPSE NEWS & Articles

Nepali Stock Market Witnesses Broad Gains: NEPSE Index Soars

In a notable surge, all indices of the Nepali stock market experienced an upward trajectory on Tuesday. The NEPSE index surged by 28.62 points, marking a 1.43% increase compared to the previous day and reaching an impressive 2027 points. This bullish trend was reflected in the performance of companies, with 219 witnessing price hikes, 22 […]

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Nepal Government to Establish Dedicated Regulatory Body for Cooperatives
News

Nepal Government to Establish Dedicated Regulatory Body for Cooperatives

In a significant move to strengthen oversight and regulation, the Nepal government has announced plans to set up a dedicated regulatory body focused on the intensive supervision of cooperatives. This announcement came during the unveiling of the government’s policies and programs for the upcoming fiscal year, showcasing a commitment to enhance accountability and safeguard savings […]

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Startups

Nepal to Provide Startup Subsidised Loans, Boost Youth Entrepreneurship

President Ramchandra Paudel has revealed an ambitious plan to bolster Nepal’s entrepreneurial landscape in the upcoming fiscal year 2024/25. The government aims to provide subsidized loans to 1,000 young individuals venturing into startup businesses, fostering innovation and economic growth. This announcement was part of the policy and program presentation for the coming year. The initiative […]

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NEPSE Index Rises by 24 Points, Boosts Market Growth
NEPSE NEWS & Articles

NEPSE Index Rises by 24 Points, Boosts Market Growth

On Monday, the Nepal Stock Exchange (NEPSE) witnessed a significant uptick, with the NEPSE index climbing by 24 points, stabilizing at 1998 points. This surge was accompanied by a notable increase in transaction volume, rising from Rs 3.15 billion to Rs 3.40 billion, indicating heightened market activity. Among the listed companies, 148 experienced a rise […]

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NEPSE Index Rises by 24 Points, Boosts Market Growth
NEPSE NEWS & Articles

NEPSE Index Rises by 24 Points, Boosts Market Growth

On Monday, the Nepal Stock Exchange (NEPSE) witnessed a significant uptick, with the NEPSE index climbing by 24 points, stabilizing at 1998 points. This surge was accompanied by a notable increase in transaction volume, rising from Rs 3.15 billion to Rs 3.40 billion, indicating heightened market activity. Among the listed companies, 148 experienced a rise […]

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Gold Prices Drop as Domestic Market Experiences Correction
NEPSE NEWS & Articles

Gold Prices Drop as Domestic Market Experiences Correction

In a development that has captured the attention of investors and consumers alike, the price of gold has experienced a decrease of Rs. 300 per tola in the domestic market today. According to the latest announcement from the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs. 138,100 […]

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