Economy News
Chinese President’s Luxury EV Brand Hongqi Enters Nepal, Prices Expected to Start at Rs 6 Million
Hongqi, China's iconic luxury automobile brand known for serving the country's top leadership, is set to debut in Nepal with premium electric SUVs at the Nepal Mobility Expo 2026.
a month ago
US-Iran Tensions Push Brent Crude Above $91, Oil Hits One-Month High
Escalating military tensions between the United States and Iran have driven global crude oil prices to their highest level in over a month, amid growing fears of supply disruptions through the strategic Strait of Hormuz.
a month ago
Gold Drops by Rs. 3,100 Per Tola, Silver Falls Rs. 125 in Nepali Market
Both gold and silver prices declined sharply on Friday, with gold slipping to Rs. 282,100 per tola and silver falling to Rs. 4,200 per tola.
a month ago
5% VAT on Household Electricity Bills Takes Effect, Over 2.6 Million Consumers Impacted
Households consuming more than 50 units of electricity per month must now pay a 5% VAT, while industrial and commercial users are subject to a 13% VAT under Nepal's new tax policy.
a month ago
Gold Prices Rise by Rs 400, Silver Drops Rs 90 in Nepal
Gold prices edged higher in the domestic market on Thursday, while silver prices declined, according to the Federation of Nepal Gold and Silver Dealers' Association.
a month ago
Electricity Bills, Ride-Sharing Costs to Rise as New VAT Rules Take Effect Friday
Consumers in Nepal will face higher daily expenses from Friday as the government begins implementing new VAT provisions on household electricity consumption and ride-sharing services under the new fiscal year's tax policy.
a month ago
New Fiscal Year Begins Friday: Tax Cuts, New Levies, Monetary Policy Take Effect
Nepal will enter fiscal year 2083/84 (2026/27) on Friday with a wide range of new tax measures, budget provisions, and monetary policy reforms coming into force, bringing both tax relief and additional costs for consumers.
a month ago
Domestic Gold Price Climbs by Rs. 800
Gold prices in Nepal increased by Rs. 800 per tola on Wednesday, while silver also gained Rs. 55 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
a month ago
SEBON Sets 10-Year Vision to Strengthen Capital Market
The Securities Board of Nepal (SEBON) has unveiled the Capital Market Development Roadmap 2083, outlining a 10-year strategy to transform Nepal’s capital market into a major driver of economic growth and align it with international standards.
a month ago
Nepal's Inflation Remains Under Control as Food Prices Climb
Nepal's annual consumer inflation rose to 5.04 percent by mid-June, driven mainly by higher prices of fruits, edible oils, transport, and services, but remained within the Nepal Rastra Bank's 5.5 percent policy target.
a month ago
Margin Loans Surge as Investors Return to Nepal's Stock Market
Share-backed lending by banks and financial institutions has risen sharply as improving stock market activity, ample liquidity, and historically low interest rates encourage investors to borrow for equity investments.
a month ago
Gold Price Drops by Rs 1,200 Per Tola
Gold and silver prices declined in the Nepali market on Tuesday, with gold falling by Rs 1,200 per tola and silver dropping by Rs 15 per tola, continuing their recent downward trend.
a month ago