Latest News
NRB Tightens Interest Rate Corridor with New Standing Deposit Facility
The Nepal Rastra Bank (NRB) has launched a Standing Deposit Facility (SDF) offering a fixed 3 percent interest rate to absorb excess banking liquidity and stabilize volatile money markets. While designed to establish a solid floor for the central bank's interest rate corridor, ongoing credit slumps are shifting heavy interest costs to the NRB, prompting financial experts to call for a transition from a twice-weekly window to a daily operation.
3 months ago
Gold Hits Rs 294,800; Silver Falls to Rs 5,040
Gold prices surged by Rs 800 to reach a near-record Rs 294,800 per tola, while silver bucked the upward trend, dipping by Rs 20 to settle at Rs 5,040 per tola in the local Nepali market.
3 months ago
Indian Stocks Face Severe Foreign Sell-Off in May; Capital Outflow Hits Record INR 2.2 Lakh Crore This Year
Foreign Portfolio Investors (FPIs) pulled an additional INR 27,048 crore from Indian equities in May 2026, pushing total year-to-date capital flight to a staggering INR 2.2 lakh crore. This rapid unwinding, which already outpaces the entire capital exit of 2025, has placed severe pressure on the local currency, dragging the Indian Rupee down to an all-time low of 96.14 against the US Dollar.
3 months ago
Nadep Laghubitta Declares No Dividend This Year
Nadep Laghubitta (NADEP) has decided to skip dividend distribution for its shareholders this year. Following a board meeting on May 14, the company resolved to forward its financial statements for the last fiscal year to the Nepal Rastra Bank for final approval without proposing any bonus shares or cash dividends.
3 months ago
Sanima Equity Fund 2 IPO: Closing Today!
The public issue of 'Sanima Equity Fund 2', a 10-year closed-ended mutual fund scheme managed by Sanima Capital, is closing today ahead of schedule. Out of the total 100 million units issued at a face value of Rs. 10 per unit, 85 million units were made available to the general public, drawing massive investor interest that led to an early closure.
3 months ago
Forex Update: Central Bank Reveals Latest Exchange Rates with US Dollar Trading at Rs. 153.85
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for May 17, 2026. Under the new guidelines, the US Dollar is locked at a buying price of Rs. 153.25 and a selling price of Rs. 153.85, while the British Pound scales past the Rs. 205 threshold.
3 months ago
The Trillion-Rupee Tournament: 2026 World Cup Set to Trigger a $100 Billion Economic Windfall
The upcoming 2026 FIFA World Cup, jointly hosted by the USA, Canada, and Mexico, is projected to shatter all historical records with an economic turnover reaching up to $100 billion. To combat extreme North American summer temperatures, FIFA has introduced an unprecedented rule mandating official "cooling breaks" during both halves of every match to protect player welfare.
3 months ago
Nabil Bank Integrates Seamless SIP Investment Services into its 'nBank' Mobile App
Nabil Bank has expanded its digital landscape by embedding comprehensive investment services directly into its "nBank" mobile app. Launched in partnership with Nabil Investment Banking, the newly integrated feature allows users to register for Systematic Investment Plans (SIP) and execute installment payments directly from their smartphones with zero hidden fees.
3 months ago
Wall Street Milestone: SpaceX Accelerates Historic Nasdaq IPO for June 12 Market Debut
Elon Musk’s SpaceX has fast-tracked its highly anticipated initial public offering, targeting a June 12 debut on the Nasdaq under the ticker 'SPCX'. Driven by a swift SEC review, the company is aiming for an unprecedented $1.75 trillion valuation, setting up the blockbuster offering to become the largest stock market listing in global financial history.
3 months ago
Monetary Policy Review: NRB Warns of Inflationary Risks as Fuel Costs Soar
Nepal Rastra Bank has left its key policy rates unchanged in its latest quarterly review. While keeping an accommodative stance to spur private sector credit, the central bank announced plans to fine-tune its standing deposit facility to make market interest rates more stable.
3 months ago
Jerome Powell Appointed Interim Chairman of the U.S. Federal Reserve Pending Leadership Transition
The U.S. Federal Reserve has officially appointed Jerome Powell as interim chairman following the conclusion of his second formal term. Powell will temporarily lead the central bank until newly confirmed successor Kevin Warsh takes the oath of office, while continuing his broader commitment to serve as a Federal Reserve Board Governor until 2028.
3 months ago
Modernizing Public Transport: Industry Leaders Call for Better Passenger Care and Professionalism
Transport entrepreneurs in Kathmandu have urged for a paradigm shift in the public transport sector, stressing that respectful passenger treatment, hygienic food services, and modernized IT systems are vital to transforming the industry's image and improving road safety.
3 months ago