Khabarhub
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
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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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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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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Nepal Forex Rates: May 13, 2024
In the dynamic world of international finance, staying informed about foreign currency exchange rates is crucial for businesses, travelers, and individuals engaged in cross-border transactions. The Nepal Rastra Bank (NRB), the country’s central bank, has released the latest forex rates for May 13, 2024, providing valuable insights for those operating in the Nepali market. According […]
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Nepal Records Robust Remittance Inflows Amidst Economic Landscape
Nepal continues to witness substantial remittance inflows, with the latest report from the Nepal Rastra Bank (NRB) shedding light on key trends in the country’s economic landscape. Remittance Inflows: Nepal received Rs. 1082.62 billion in remittances over the past nine months, indicating a significant 19.8 percent increase compared to the same period last year. This […]
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International Commodity Prices Surge; Gold and Oil Reach New Highs
The international commodity market has experienced a significant surge in prices, impacting key commodities such as oil and gold, while the Nepali market sees notable increases in gold and fuel prices. International Commodity Prices: Crude Oil Brent prices soared by 7.6 percent, reaching $93.12 per barrel in mid-April 2024, compared to $86.51 per barrel a […]
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Nepal’s Inflation Cools with Mixed Regional Trends
Nepal’s consumer price inflation exhibited a mixed trend across various regions, according to the latest data. While the Kathmandu Valley and Terai regions experienced a moderation in inflation rates, the Hilly region witnessed a notable increase. The year-on-year consumer price inflation in the Kathmandu Valley stood at 4.06 percent, a significant drop from 8.57 percent […]
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Nepal’s Foreign Exchange Reserves Surge by 24.2% to New Heights
Nepal’s foreign exchange reserves have witnessed a remarkable surge, according to the latest data released by the Nepal Rastra Bank (NRB). In mid-April 2024, the gross foreign exchange reserves soared by an impressive 24.2 percent, reaching a staggering Rs. 1911.86 billion, a significant increase from the Rs. 1539.36 billion recorded in mid-July 2023. In US […]
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Nepal Fuels Entrepreneurial Spirit with Start-up Loans and Incentives
Nepal’s start-up ecosystem is set to receive a significant boost as the government gears up to disburse start-up loans beginning the second week of Jestha (May/June). The Industrial Enterprise Development Institute has announced that selected businesses, chosen based on their presentations, will commence receiving loans during this period, fueling entrepreneurial endeavors across diverse sectors. Out […]
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