Markets
Nepal has experienced a decrease in rice and paddy imports over the past three years.
According to official data, Nepal has been importing less rice and paddy over the previous few years. The import of rice and paddy has decreased over the past three years, based on official statistics
The gold prices reaching once again hit all-time highs
A significant increase in the price of fine gold to Rs. 1,50,000 per tola.
Record high gold prices are approaching Rs 150,000 per tola.
Gold price in Nepal has reached a new high, nearing Rs 15,500, with fine gold trading at Rs 149,900 per tola, up Rs 500 from Thursday's price.
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.
The price of gold increases by Rs 1,800 per tola.
On Wednesday, the price of gold increased by Rs 1,800 per tola on the local market.
Despite an increase in volume, import expenses for petroleum products decreased by Rs 11.07 billion in FY 2023–2024.
Gasoline imports increased from 1,408,494 kilolitres to 1,411,440 kilolitres, according to the Department of Commerce.
The previous fiscal year, Kakadbhitta exported herbs valued at Rs 81 million.
During the fiscal year 2023–2024, herbs valued at around Rs 81 million were shipped from the Kakadbhitta customs checkpoint.
Nepal will establish chhurpi standards as its export potential increases.
The nation exported 1,646 tones of chhurpi, or dog chew in the West, for Rs3.18 billion during the most recent fiscal year.
The surge in gold prices reaching once again hit all-time highs.
The rapid fluctuations in gold prices in the domestic market.
The downward trend persisted into Friday, with a notable price fall in the price of gold by Rs 2,000 per tola.
A tola of gold costs Rs 2,000 less now.
The Cost of Gasoline (petrol) is Increased by RS 4 Per Liter
The cost of petroleum products increases by RS 4 per liter.
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