With the fluctuation of the price of gold in the international market, its price recorded the highest ever in the domestic market this week. The precious metal was sold for Rs. 56, 900 per tola on Wednesday. However, the price of gold decr ...

The gold price that has been fluctuating in the international market set a new record in the domestic market this week. The price of the yellow metal reached Rs. 34,635 per 10 grams (Rs 40,400 per tola) on Tuesday in the domestic market br ...

The demand for gold fell significantly in the domestic bullion market during the Dashain festival this year as compared to the same period last year. The demand for the precious yellow metal in the domestic market dropped by 25 per cent du ...

Despite a fall in the prices of gold in the international market, customers in Nepal have failed to entertain it owing to the quantitative restriction imposed by the government on the import of gold. Though the price of the precious metal ...

Triggered by a huge downfall in the international market, the domestice market witnessed the biggest single day drop in price of gold on Monday. The precious yellow metal was traded at Rs 45,010 per 10 gm (Rs 52,500 per tola), down from Rs ...

Gold is losing its lustre slowly in the domestic market among the common people as it has crossed their purchasing capacity. The precious yellow metal hit a record price of Rs 50,499.28 (11.664 gram) for a tola today increasing by Rs 1,405 ...

The government on Tuesday hiked the import duty on gold and silver in line with the rise in the duty in India. A Cabinet meeting decided to raise the duty on the yellow metal to Rs 1,500 from Rs 1,000 per 10 gm, while the duty on silver im ...

The United Arab Emirates (UAE) has emerged as the largest supplier of gold to Nepal as of the last fiscal year 2010-11. According to the Trade and Export Promotion Centre (TEPC), 87.6 percent of Nepal’s gold imports in fiscal 2010-11 came ...

Nepal’s largest imports in the last fiscal year were petroleum products, iron and steel products and machinery parts. These three products accounted for 19.56 percent, 10.07 percent and 5.29 percent respectively of the total imports in the la ...

The government has decided to fix the maximum retail price (MRP) of essential commodities in a bid to prevent artificial price hikes and to use it as a baseline for market monitoring. The Department of Commerce and Supply Management is coordi ...

With the increment in petroleum prices, private airline operators are also increasing the fuel surcharge making air travel costlier from March 1. Though, the Airline Operators Association of Nepal will take the formal decision tomorrow, th ...

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The domestic aviation sector has become the first one to react to the recent petroleum price hike. Airlines Operators Association of Nepal (AOAN) on Saturday decided to increase fuel surcharge by Rs 55-Rs 190. The Nepal Oil Corporation (NO ...

Petroleum products accounted for 20 percent of the country’s total import bill in fiscal 2010-11. The value of oil imports jumped 43.92 percent in the last fiscal year on rising prices in the international market and swelling consumption at h ...

Prices of automobiles imported from third countries (other than India) are soon to rise as a result of increased import costs fuelled by strong US dollar. Almost all auto dealers are preparing to hike prices. As importers have to pay more ...