Blogs & Articles
Nepal’s Biggest Iron Mine in Jhumlabang Set for Excavation
Department of Mines and Geology Prepares to Tap into 200 Million Tonne Iron Ore Deposit in Rukum East In a significant development for Nepal’s mining industry, the Department of Mines and Geology is set to commence the excavation of iron ore from Jhumlabang in Rukum East, which is believed to be the country’s biggest iron […]
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Nepalgunj Integrated Check Post Begins Operations at Nepal-India Border
Nepalgunj Integrated Check Post Begins Operations at Nepal-India Border In a significant development for cross-border trade and regional connectivity, the Nepalgunj Integrated Check Post (ICP) constructed with the support of the Indian government at the Nepal-India border has commenced operations from Monday. The inauguration ceremony, graced by Minister for Industry, Commerce and Supplies Damodar Bhandari, […]
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inDrive Ride-Sharing App Officially Launches in Nepal
US-based Ride-Hailing Giant inDrive Enters Nepali Market, Offering Innovative Services and Employment Opportunities After operating unofficially for two years, the US-based ride-sharing application inDrive has officially launched its services in Nepal. Announcing the official launch, the company revealed that it would impose a 10 percent commission on drivers for each ride, signaling a competitive market […]
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inDrive Ride-Sharing App Officially Launches in Nepal
US-based Ride-Hailing Giant inDrive Enters Nepali Market, Offering Innovative Services and Employment Opportunities After operating unofficially for two years, the US-based ride-sharing application inDrive has officially launched its services in Nepal. Announcing the official launch, the company revealed that it would impose a 10 percent commission on drivers for each ride, signaling a competitive market […]
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Nepal Urges for Concessional Aid at ADB Annual Meeting
Finance Secretary Marasini Calls for Increased Financial Support to Drive Nepal’s Post-Pandemic Recovery and Green Development Initiatives During the 57th annual meeting of the Board of Governors of the Asian Development Bank (ADB) in Tbilisi, Nepal’s Finance Secretary Madhukumar Marasini made a compelling appeal to the international community for concessional assistance. Highlighting the economic and […]
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Gold Price Surges by Rs 200 per Tola in Nepali Market
Today, the domestic market witnessed a rise in gold prices, with the Nepal Gold and Silver Dealers’ Association setting the price of fine gold at Rs 135,600 per tola. Standard gold, on the other hand, is currently traded at Rs 134,950 per tola. This marks an increase of Rs 200 per tola compared to the […]
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Gold Price Surges by Rs 200 per Tola in Nepali Market
Today, the domestic market witnessed a rise in gold prices, with the Nepal Gold and Silver Dealers’ Association setting the price of fine gold at Rs 135,600 per tola. Standard gold, on the other hand, is currently traded at Rs 134,950 per tola. This marks an increase of Rs 200 per tola compared to the […]
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“Finance Minister Emphasizes Government’s Pro-Private Sector Stance
During a meeting with representatives from the Revenue Advisory Committee and private sector umbrella organizations at the Ministry of Finance, Finance Minister Barshaman Pun highlighted the government’s efforts to promote a private sector-friendly agenda. Minister Pun noted that the active participation of the private sector in the recent Nepal Investment Summit serves as a testament […]
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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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NEPSE Index Falls as Turnover Declines: Stock Market Update
On Sunday, the opening day of the trading week, the Nepal Stock Exchange (NEPSE) index experienced a dip, closing at 1974 points. This marked a decrease of 24.58 points compared to the previous trading day. Despite this, 42 companies saw an increase in value, while 196 witnessed a decline, with 7 remaining stable. The turnover […]
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