Markets


Gold price declines in Nepal Friday, August 30th, 2019

KATHMANDU: Gold price declined by Rs. 1,000 per tola in the domestic market, Friday. The gold traded at Rs. 72,400 per tola (11.339 grams) today. On Thursday, the price of gold was Rs. 73,400 per tola. The price of gold had reached Rs. 75,500 per tola on Monday which was the record highest price..

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Gold price decreases by Rs. 900 per Tola Tuesday, August 27th, 2019

KATHMANDU: Gold prices have decreased by Rs. 900 per Tola on Tuesday. The price of gold had gone up to Rs. 73,500 on Monday with a hike of Rs. 1,000 per Tola.  This has decreased to Rs. 72,600 per Tola on Tuesday, confirms Nepal Gold Exchange Traders Federation. The federation says the price of..

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UK Aid, eSewa agree to work jointly Wednesday, August 14th, 2019

KATHMANDU: UK Aid Sakchyam signed an official agreement with eSewa Fonepay Pvt. Ltd - Access to Finance Programme for a partnership to design, develop and launch Cash Points – digital channels of financial service. Subhas Sapkota, Chief Executive Officer, eSewa Fonepay and Nirmal Dahal, Team..

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Nepal fuel worth Rs. 216 billion imported last fiscal year Monday, August 12th, 2019

KATHMANDU: Nepal spent around Rs. 216.42 billion to import fuel in the fiscal year 2018/19. Fuel import in terms of cash surged by 25.2 per cent last fiscal year compared to same period the previous fiscal year. The country imported fuel worth Rs. 172.88 billion in the fiscal year 2017/18. The..

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Nepal Airlines introductory airfare to Japan Rs 36,999 Monday, July 29th, 2019

KATHMANDU: Nepal Airlines Corporation (NAC) has introduced a new airfare for Osaka in Japan for Rs 36,999 including VAT. The Nepal Airlines' new wide body aircraft will take off for a direct flight to Osaka from Nepal on August 29 this year, which is the aircraft's first flight on the long haul...

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Heavy rain and flood causes vegetable prices to rise up Saturday, July 13th, 2019

KATHMANDU: The supply of green vegetables in the Kathmandu Valley has declined sharply for the last two days due to continued rainfalls across the country. ‘The supply of green vegetables to the Kalimati Fruits and Vegetables market, largest vegetables market of the Valley, has almost nil on..

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Indonesia Boutique Fair commences in capital Thursday, July 4th, 2019

KATHMANDU: Indonesia Boutique Fair has commenced in the central capital.  Ambassador of Indonesia to Nepal, Rina P Soemarmo and honorary consul of Indonesia to Nepal, Chandra Prasad Dhakal jointly inaugurated the fair at Hotel Annapurna in Kathmandu on Thursday. The event is organized by the..

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Knife-wielding man attacks schoolgirls in Japan, killing 2 Tuesday, May 28th, 2019

By MARI YAMAGUCHI and JAE HONG, KAWASAKI, Japan (AP) — A man carrying a knife in each hand and screaming “I will kill you!” attacked a group of schoolgirls near a school bus parked at a bus stop just outside Tokyo on Tuesday, killing two people and injuring at least 17 before killing himself,..

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Trump and Japan’s Abe at odds over North Korea missile tests Monday, May 27th, 2019

By JILL COLVIN and DARLENE SUPERVILLE, TOKYO (AP) — President Donald Trump said Monday he is not “personally” bothered by recent short-range North Korean missile tests and doesn’t believe they violated U.N. Security Council resolutions, breaking with Japanese Prime Minister Shinzo Abe, who..

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Dovish Trump says not looking for regime change in Iran

TOKYO, (AFP): President Donald Trump said Monday the United States was not seeking "regime change" in Iran despite mounting tensions, in dovish comments also praising North Korea's leader Kim Jong Un as a "very smart guy." Speaking after summit talks with Japanese Prime Minister Shinzo Abe, Trump..

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The ECB’s Beggar-thy-Trump Strategy Monday, September 16th, 2019

On September 12, the European Central Bank decided to launch yet another asset-purchase program, with plans to buy €20 billion ($22 billion) in new securities per..

Oiling for War: The Houthi Attack on Abqaiq Sunday, September 15th, 2019

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FALSE PROPAGANDA ABOUT SLOW DOWN OFINDIAN ECONOMY Saturday, September 14th, 2019

India’s Democratic Dictatorship Friday, September 13th, 2019