Birgunj Customs Office collects Rs 75.59 billion in four months

The Birgunj Customs Office has collected Rs 22.9 billion from the imports of five different kinds of petroleum products in the first four months of the current fiscal year and Rs 10.1 billion from the imports of vehicles and auto spares during the same period.

The Office also collected Rs 4.58 billion from the imports of iron and iron-made products, Rs 4.25 billion from garments and Rs 3.17 billion from the imports of machinery and their parts.

Likewise, Rs 3.07 billion revenue was collected from the imports of electric machinery, equipment and their parts during the review period.

The Office stated that goods worth Rs 284.89 billion were imported in the first four months of the current fiscal year and the Office collected Rs 75.59 billion in revenue during the review period of the current fiscal year.

 

Insurers expand business by 15.15 percent

Insurers expanded their business by 15.15 percent over the first four months of the current fiscal year 2025/26. According to the Nepal Insurance Authority (NIA), non-life insurance and life insurance companies collected a combined Rs 78.05m in premiums in the review period, up from Rs 67.78bn in the same period of the previous fiscal year.

Data shows both life and non-life insurers expanded their business compared to the same period in the previous fiscal year. Premium collection by life insurance grew by 16.51 percent in the review period, while non-life premiums increased by 12.42 percent .

According to the NIA, life insurance companies collected Rs 62.21bn in total premiums between mid-July and mid-November. This marks a significant rise from Rs 53.69bn recorded during the same period last fiscal year, representing a growth of 16.51 percent. 

Renewal premiums made up a major portion of the life insurance business. By mid-November in the current fiscal year, life insurers earned Rs 49.49bn in renewal premiums alone. Nepal Life led the market with Rs 13.33bn in renewal income. National Life, LIC Nepal and Himalayan Life were next with Rs 5.58bn, Rs 5.53bn and Rs 4.95bn in renewal premiums, respectively.

Other top performers included Surya Jyoti Life (Rs 2.8bn), Asian Life (Rs 2.36bn), and Citizen Life (Rs 1.92bn). Likewise, Sanima Reliance earned Rs 1.73bn, MetLife Rs 1.62bn, Prabhu Mahalaxmi Life Rs 1.37bn, IME Life Rs 1.36bn, Reliable Nepal Life Rs 1.32bn, and Sun Nepal Life Rs 1.01bn.

Non-life companies also maintained solid momentum with a total premium of Rs 15.84bn. Sagarmatha Insurance topped the segment list with premium of Rs 1.78bn, closely followed by Shikhar Insurance with Rs 1.73bn, and Himalayan Everest Insurance with Rs 1.6bn.

Non-life companies had collected Rs 14.09bn in premiums in the first four months of the previous fiscal year. While premiums increased, the total number of active policies in life insurance declined. In the last fiscal year, life insurers had 13.3m active policies by mid-November. This year, the number dropped to 11.4m, suggesting that some policies matured, or some policyholders discontinued or failed to renew their plans.

In contrast, non-life insurers recorded growth in both premium income and policy issuance. They issued 903,098 policies in the first four months of 2025/26, up from 897,235 last year. 

 

Gold price increases by Rs 800 per tola on Wednesday

The price of gold has increased by Rs 800 per tola in the domestic market on Wednesday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 254, 100 per tola today. 

Similarly, the price of silver has increased by Rs 110 and is being traded at Rs 3, 655 per tola today.

 

Nepse plunges by 0. 53 points on Tuesday

The Nepal Stock Exchange (NEPSE) plunged by 0. 53 points to close at 2, 644. 70 points on Tuesday.

Similarly, the sensitive index dropped by 1. 26 points to close at 453. 99 points.

A total of 10,810,106-unit shares of 324 companies were traded for Rs 4. 48 billion.

Meanwhile, Sagar Distillery Limited (SAGAR), Swastik Laghubitta Bittiya Sanstha Limited (SWASTIK), Jhapa Energy Limited (JHAPA), Mabilung Energy Limited (MABEL) and Bungal Hydro Limited (BUNGAL) were the top gainers today with their price surging by 10. 00 percent.

Likewise,  Green Ventures Limited (GVL) was the top loser as its price fell by 9. 85 percent.

At the end of the day, the total market capitalization stood at Rs 1. 50 trillion.