Latest News
NMB Capital Announces Cash Dividends for Three Mutual Funds
NMB Capital Limited has announced cash dividends for unit holders of three mutual funds under its management—NMB Fifty, NMB Sulav Investment Fund-II and NMB Hybrid Fund L-II. NMB Sulav Investment Fund-II has declared the highest dividend at 10%.
2 months ago
NEA Profit Falls by Rs. 3.95 Billion as Costs and Financial Burden Rise
Nepal Electricity Authority (NEA) reported a sharp decline in net profit in FY 2082/83, with earnings falling by Rs. 3.95 billion compared to the previous fiscal year. The authority attributed the decline to foreign exchange fluctuations, rising financial obligations, free electricity provided to households consuming up to 20 units, higher depreciation and increased operating expenses.
2 months ago
Ujyalo Nepal Launches Signature Campaign Against Electricity Tax
Ujyalo Nepal Party has launched a signature campaign demanding the removal of taxes imposed on electricity and the recovery of outstanding dues from dedicated and trunk-line electricity consumers.
2 months ago
Nepal’s Power Export Boom: Rs. 17.47 Billion Earned from Electricity Exports
Nepal Electricity Authority (NEA) has made a major breakthrough in regional energy trade, earning Rs. 17.47 billion from electricity exports in FY 2081/82. With India as its primary market and preparations underway to export 40 MW to Bangladesh, Nepal’s electricity trade is expanding beyond its traditional borders.
2 months ago
Taxpayer Incentive Scheme Draws Record Participation, Consumer Wins Rs. 10 Lakh
A consumer who purchased goods worth just Rs. 350 from Ganesh Electronics and Mobile Centre has won the Rs. 10 lakh bumper prize under the Inland Revenue Department’s taxpayer incentive scheme. The latest draw also selected 15 other winners, each receiving Rs. 1 lakh after tax deduction, as participation in the scheme surged sharply in the second half of Shrawan.
2 months ago
Global Market Shift: Asian Stocks Outpace Wall Street in 2026 Returns
Although U.S. stock markets remain near record highs, South Korea, Taiwan and Japan are leading global equity markets in year-to-date returns. The KOSPI has surged 65.58% so far this year, far ahead of the S&P 500’s 13.74% gain as of August 14, 2026.
2 months ago
Interest Rate Cut: Nepal’s Banks Lower Deposit Rates Amid Excess Liquidity
Twenty commercial banks in Nepal have announced their new interest rates for Bhadra, with the average maximum deposit rate declining further from the previous month as excess liquidity continues to build up in the banking system.
2 months ago
Gold Surge: Gold and Silver Prices Jump in Nepal
Gold prices rose sharply by Rs. 3,600 per tola in Nepal on Sunday, while silver also gained Rs. 50 per tola as precious metals continued to trade at elevated levels in the international market.
2 months ago
Made in Nepal: Government Backs Homegrown Yatri P2 Electric Scooter
Finance Minister Dr. Swarnim Wagle has pledged government support for the promotion of Yatri P2, an electric scooter designed and manufactured in Nepal. He urged the company to focus on global competitiveness and turn the homegrown product into an international brand.
2 months ago
Deadly Quake: 7.7-Magnitude Earthquake Kills 51 in Indonesia
A powerful 7.7-magnitude earthquake struck eastern Indonesia on Saturday, killing at least 51 people and displacing nearly 5,000 others. Rescue operations have been hampered by landslides, damaged roads, disrupted communications and the region’s difficult island geography.
2 months ago
Investment Push: NRNs Ready to Invest in Nepal, But Legal Hurdles Remain
Non-Resident Nepalis (NRNs) say they are eager to invest in Nepal, but complicated legal procedures and concerns over investment security continue to discourage them. Participants at the 11th Asia-Pacific Conference in Guangzhou urged the government to create a simpler, faster and more reliable investment environment.
2 months ago
LPG Crisis Deepens: More Gas Imports, Yet Empty Cylinders Pile Up
Nepal is facing a severe LPG shortage despite Nepal Oil Corporation (NOC) reporting that gas imports have increased well above normal levels. Consumers are struggling to find LPG, while dealers blame inadequate distribution and poor government management.
2 months ago