Market
Bhimsaria Group to Introduce Dyson Appliances in Nepal
In a bid to revolutionize Nepal’s appliance market, Bhimsaria Group, a key player in the industry, is gearing up to launch Dyson products nationwide. The company, known for its lineup of reputable brands like Apple, Dell, and HP, has now added Dyson to its portfolio, signaling a remarkable expansion in its offerings. Dyson, a renowned […]
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India Lifts Onion Export Ban: Impact on Nepali Market
India recently announced the lifting of its ban on onion exports after nearly five months but introduced a minimum export price of $550 per tonne. While this move signifies a positive development for Indian onion farmers, it raises concerns about potential price hikes in the Nepali market. The Directorate General of Foreign Trade of India […]
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Nepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate
The Public Debt Management Office (PDMO), operating under the Ministry of Finance, has unveiled the Foreign Employment Saving Bond 2086, offering a lucrative 9% interest rate. With the aim of attracting Nepali migrant workers and returning citizens, this bond initiative targets to raise Rs. 1 billion with a maturity period of five years. Catering specifically […]
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Nepal Oil Corporation Slashes Diesel, Kerosene Prices; Hikes Aviation Fuel Rates
In a move that will bring respite to consumers, the Nepal Oil Corporation (NOC) has announced a decrease in the prices of diesel and kerosene, effective immediately. However, the state-owned fuel distributor has also increased the rates for aviation fuel, both domestic and international, to align with global market dynamics. According to NOC spokesperson Manoj […]
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Nepal Oil Corporation Slashes Diesel, Kerosene Prices; Hikes Aviation Fuel Rates
In a move that will bring respite to consumers, the Nepal Oil Corporation (NOC) has announced a decrease in the prices of diesel and kerosene, effective immediately. However, the state-owned fuel distributor has also increased the rates for aviation fuel, both domestic and international, to align with global market dynamics. According to NOC spokesperson Manoj […]
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Citizens Bank Launches Fonepay Credit Card, Revolutionizing Digital Payments
Citizens Bank unveiled the much-anticipated Fonepay Credit Card on Tuesday, marking a significant milestone in Nepal’s digital payment landscape. The introduction of this pioneering card by Nepal’s largest payment network, Fonepay, sets a new standard in customer convenience and payment innovation. The Fonepay Credit Card, announced in a statement by Fonepay, is now officially available […]
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JCB Boosts Nepal Presence with Extended Warranty Scheme
In a bid to strengthen its foothold in Nepal, JCB, the renowned manufacturer of earthmoving and construction equipment, has announced an extended warranty scheme through its dealer, MAW Earthmovers. Under the new scheme, JCB India offers a warranty of up to 5 years or 10,000 hours (whichever comes first) for selected models of tracked excavators, […]
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Nepal Oil Corporation Raises Petroleum Product Prices Amidst Indian Price Hike
The Nepal Oil Corporation (NOC) has declared an increase in the prices of petroleum products, which will come into effect from midnight on Monday. In response to a surge in prices from India, NOC has decided to raise the prices of petrol, diesel, and kerosene by Rs 3 per liter. Consequently, the new prices stand […]
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