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Gold price escalates Rs 1,800, reaches Rs 252,400 per tola in a week

Kathmandu, Dec. 7 -- The price of gold in the domestic market increased Rs 1,800 per tola (11.6638 grams) last week. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOS... Read More


15 local bodies of Madhesh Province fail to announce budgets even after five months

Kathmandu, Dec. 7 -- A total of 15 local governments have failed to endorse their financial plans after almost five months of the current fiscal year (FY) have passed. The state's law has mandated the... Read More


Govt's Rs 930.88b stake in PEs delivers little to show for it

Kathmandu, Dec. 7 -- The government's cumulative investment in public enterprises (PEs) has reached Rs 930.88 billion by the end of fiscal year 2024/25, yet most entities continue to deliver poor fina... Read More


Forex update: US dollar selling at Rs 144.28

Kathmandu, Dec. 7 -- The buying rate of the US dollar today stands at Rs 143.68, while the selling rate is Rs 144.28, according to the latest foreign exchange reference rates. The euro is being sold a... Read More


Rs 28.82 billion set for 550,000 metric tons of fertilizer import

Kathmandu, Dec. 7 -- The government has clarified that tenders have already been called for the import of 465,000 metric tons of chemical fertilizer so far. For the current fiscal year, the government... Read More


Yadav becomes sixth Chief Minister of Madhesh Province, vows to end irregularities

Kathmandu, Dec. 7 -- Krishna Prasad Yadav of the Nepali Congress (NC) has been appointed Chief Minister of Madhesh Province. Province Head Surendra Labh Karna appointed Yadav on Friday evening under A... Read More


President calls for wider support to conduct March 5 HoR elections successfully

Kathmandu, Dec. 7 -- Rastriya Prajatantra Party (RPP) Nepal Chair Kamal Thapa has accused the government led by former chief justice Sushila Karki of encroaching upon citizens' private property. Writi... Read More


Oli claims UML will return to power after March 5 election

Kathmandu, Dec. 7 -- Addressing a party gathering at the UML headquarters in Chyasal on Saturday, Oli said the UML would lead the next government "regardless of when the election is held". Responding ... Read More


NC moves SC seeking reinstatement of dissolved HoR

Kathmandu, Dec. 7 -- Nepali Congress (NC) has followed the CPN-UML in petitioning the Supreme Court (SC) for the reinstatement of the House of Representatives (HoR), which was dissolved in the wake of... Read More


CM Yadav to seek vote of confidence on Dec 10

Kathmandu, Dec. 7 -- Newly appointed Madhesh Province Chief Minister Krishna Prasad Yadav is preparing to seek a vote of confidence on Dec 10. Published by HT Digital Content Services with permission... Read More