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Commercial banks net profits rose by half and fell by half.
10 of the 20 enterprises have seen an increase in net profit, while the remaining 10 have witnessed a decrease, according to the financial disclosures submitted by the companies.
To date, the municipality has invested Rs800,000 in testing Chinese drones to remove trash off Everest slopes.
Nepal plans to use heavy lifter drones for the first time in Nepal's high-altitude region to move trash from Ama Dablam peak.
NTA issues a Rs. 19 billion payment order to Ncell and threatens to revoke its license if the renewal costs are not paid by September 1.
Nepal's NTA has ordered Ncell to pay Rs 19 billion for the renewal of its mobile service license, including fees and fines.
The stock market is experiencing widespread discussion due to the recent monetary policy changes and the change of government, setting new records.
The Nepal Stock Exchange (NEPSE) recorded its highest transaction volume ever, with a total of 21.91 billion and 1.5 million completed in a single day.
There will be no trading in stocks on Sunday.
Due to Voto Jatra, the stock market will be closed on Sunday.
Overflowing with foreign currency, Nepal's central bank loosens exchange regulations
The central bank has permitted Nepalis to go overseas with up to $2,500 in cash each time. It was $2,500 twice a year previously.
Global IME Bank Limited and Qatar-based Gulf Exchange Company have signed an agreement to facilitate easy remittances between Qatar and Nepal.
Improved Remittance Services for Nepalese Migrants in Qatar Through a Partnership Between Global IME Bank and Gulf Exchange.
The construction industry's business owners now have an additional five months to repay their bank debts.
Business owners in the construction industry, who were severely impacted by the economic downturn, now have an additional five months to repay their bank debts.
Petroleum product prices decline
The Nepal Oil Corporation has reduced the prices of gasoline, diesel, and kerosene oil by Rs. 1 and 2, respectively, per litre, with aviation gasoline remaining unchanged.
"Himalayan water is exportable from Nepal"
Nepal can export Himalayan water, according to Minister Pradip Yadav. He suggested considering this option during the annual review meeting.
Because of the intense rains, Nepal has seen one of the quickest rates of paddy transplantation in several decades.
With tens of thousands of farmers depending on it for income, paddy is Nepal's most lucrative agricultural product.
In the previous fiscal year, Nepal imported gold worth Rs 23.5 billion.
Nepal brought in $23.5 billion worth of gold during the previous fiscal year. The Department of Customs (DoC) reports that during the fiscal year 2023–2024, the nation imported 1,600 kilogram of gold.
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