KATHMANDU, May 17: While the banks and financial institutions (BFIs) of Nepal have been struggling to increase the real estate sector loans, they were able to issue loans against shares by a notable amount in the first nine months of the current fiscal year.

KATHMANDU, May 16: Nepal Stock Exchange (NEPSE) on Thursday increased marginally by 0.79 points to close at 2,018.76 points.

KATHMANDU, May 16: The Joint Recovery Action Plan (JRAP) for Western Nepal's earthquake-affected regions has received a significant financial boost from the UK's Foreign, Commonwealth & Development Office (FCDO).

Gold price rises by Rs 1,600 per tola to set new record

Published On: May 16, 2024 12:30 PM NPT By: Republica

KATHMANDU, May 16: The price of gold has reached a new record. The Federation of Nepal Gold and Silver Dealers’ Associations (FENEGOSIDA) has set the price of fine gold at Rs 140,000 per tola for today, marking an increase of Rs 1,600 from the previous day. This is the highest price of gold ever recorded in the domestic market.

Over 177,000 tourists visited Annapurna area in 10 months

Published On: May 16, 2024 12:00 PM NPT By: Republica

GANDAKI, May 16: As many as 177,182 foreign tourists entered the Annapurna circuit, a popular trekking route, in the past 10 months.

KATHMANDU, May 16: The Nepal Electricity Authority (NEA) has announced that electricity supply will be affected in various places of the valley from today.

Madhesh Province: Over 90 percent lack access to insurance

Published On: May 16, 2024 09:00 AM NPT By: Republica

BIRGUNJ (PARSA), May 15: As much as 90.6 percent of people in Madhesh Province are out of the reach of insurance. The total population of Madhesh Province is 6.114 million.

KATHMANDU, May 16: Laxmi Motor Corporation (LMC), a subsidiary of Laxmi Group and the authorized distributor of Hyundai vehicles in Nepal, successfully organized Media Day on the second day of the grand inauguration of the first Hyundai Assembly Plant in Nepal.

KATHMANDU, May 15: Nepal Oil Corporation (NOC) has announced a significant reduction in the prices of petrol, diesel and kerosene.

KATHMANDU, May 15: Ncell, one of Nepal’s leading telecommunication companies, has taken its first step towards a 5G vision by announcing a new campaign to waive off all unintended charges for mobile data.