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Monetary policy tightening helped stabilize the external position: IMF

Washington, DC, May 2: The Executive Board of the International Monetary Fund (IMF) completed the first and second reviews under the Extended Credit Facility (ECF) for Nepal, allowing the authorities to withdraw the equivalent to SDR 39.20 million (about US$52.8 million). This brings total disbursements under the ECF for budget

Mai Khola Hydropower: IPO allotment concludes

The IPO allotment of Mai Khola Hydropower Limited is concluded today at the premises of Prabhu Capital Limited, Kathmandu.

Modi Energy to open IPO from today

Modi Energy Limited is opening the issue of 55,59,420 unit IPO shares of Rs 100 face value to the general

Gold ornaments
Gold price decreased by Rs 200 today, Trading at Rs…

Gold price decreased by Rs 200 today, Trading at Rs 108,800 per tola

tatopani transit
Two-way trade begins from Tatopani border point

Tatopani border point has been operational from today in a two-way manner. Two-way import and export has started after some

Maulakali Cable Car inauguration (photo feature)

Maulakali Cable Car comes into full operation from today at Nawalpur. It connects Gaindakot to famous temple Maulakali. Pilgrims including

PM Dahal inaugurates paragliding, says it boosts tourism

Prime Minister Pushpa Kamal Dahal 'Prachanda' has said paragliding contributes in big way to tourism promotion. Inaugurating the paragliding launched

Nepal Rastra Bank
NRB increases ceiling upto US$ 5,000 for exchange of US…

The Nepal Rastra Bank (NRB) has increased the ceiling for the exchange of the US Dollar. Revising an integrated circular,

World Bank
WB approves $100 million to strengthen Nepal’s healthcare system

The World Bank’s Board of Executive Directors have approved $100 million in financing for the Nepal Quality Health Systems Program

gold
Gold price increased by Rs 100 today, Trading at Rs…

Gold price increased by Rs 100 today, Trading at Rs 109,200 per tola