Latest News
National Paddy Day Celebrated Nationwide with Calls for Better Irrigation and Fertilizer Supply
Nepal marked its 23rd National Paddy Day and Plantation Festival with the slogan 'Climate-friendly technology, self-sufficiency in paddy, and prosperity.' While the event showcased modern agricultural technologies like drone spraying, officials and farmers highlighted critical hurdles, including an annual deficit of 1 million metric tons of paddy and persistent fertilizer shortages.
2 months ago
How Elon Musk Overcame Near-Bankruptcy to Become the World’s First Trillionaire
From the brink of total financial ruin during the 2008 global financial crisis, Elon Musk’s high-stakes gamble with SpaceX has culminated in an unprecedented financial milestone. Following SpaceX's highly anticipated IPO, Musk’s net worth has surged past $1.1 trillion, cementing his status as the world's first trillionaire as he celebrates his 55th birthday.
2 months ago
Monday Market Watch: Gold Dips to Rs. 2,82,400 per Tola
Both gold and silver prices registered a decline in the Nepalese market on Monday, Ashar 15. Gold dropped by Rs. 1,400 per tola, while silver prices saw a minor decrease of Rs. 15 per tola compared to Sunday's trading rates.
2 months ago
Finance Minister Administers Oath to Newly Appointed SEBON Chairman, Demands Weekly Briefings and Results
Finance Minister Dr. Swarnim Wagle has administered the oath of office and secrecy to the newly appointed Chairman of the Securities Board of Nepal (SEBON), Dr. Gopal Prasad Bhatta. Minister Wagle directed the new chief to focus strictly on market confidence, protect small investors, and present structured action plans without yielding to external pressures.
2 months ago
Nepalese Stock Market Hits Historic Low Under New Finance Minister, Wiping Out Rs. 4.71 Trillion
Three months into the new administration under Finance Minister Dr. Swarnim Wagle, the Nepal Stock Exchange (NEPSE) has plummeted by over 300 points. This massive decline, fueled by a disappointing federal budget and regulatory fears, signals deep investor distrust in the current economic leadership.
2 months ago
Trump Administration Unveils Limited-Edition "Patriot Passport" for US Semiquincentennial
The US State Department has announced a highly exclusive, commemorative passport featuring President Donald Trump's likeness and signature to mark America's 250th anniversary, sparking debate over the unprecedented inclusion of a sitting president on official documents.
2 months ago
Venezuela Earthquake Toll Climbs to 920: Thousands Injured and Over 50,000 Unaccounted For
The death toll from Wednesday's twin powerful earthquakes in Venezuela has risen to 920, with 3,360 others reported injured. As hundreds remain trapped beneath the rubble and thousands face displacement, a massive international rescue operation is underway amid ongoing aftershocks.
2 months ago
Massive Surge in Bullion Market: Gold Shoots Up by Rs 4,700 in a Single Day
The domestic precious metals market witnessed a historic single-day spike on Sunday, with gold prices rising by Rs 4,700 per tola and silver increasing by Rs 145 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
2 months ago
NRB to Absorb Another रू 45 Arba Today to Manage Excess Banking Liquidity
To mop up persistent excess liquidity accumulating within the banking system, Nepal Rastra Bank (NRB) is issuing a 75-day deposit collection instrument worth रू 45 arba via an online auction today.
2 months ago
Forward Microfinance (FOWAD) to Alter Shareholding Structure to 60:40
Approved by Nepal Rastra Bank, Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) is restructuring its equity ownership from a 70:30 ratio to a 60:40 model, expanding its tradable public float.
2 months ago
Prabhu Mahalaxmi Life (PMLI) Opens Auction for 18.99 Lakh Units Promoter Shares
Prabhu Mahalaxmi Life Insurance Company Limited (PMLI) has commenced a public auction for 18,99,241 units of its promoter shares. The bidding window opens on Ashad 12, 2083, and closes on Ashad 18, 2083, allowing public and institutional participation.
2 months ago
Kumari Bank Partners with National Path Lab to Offer 10% Healthcare Discount
Kumari Bank Limited has teamed up with National Path Lab and Research Center Limited, enabling its account holders and staff to receive up to a 10% special discount on various laboratory diagnostic services.
2 months ago