Gold price increases by Rs 1, 500 per tola on Tuesday
The price of gold has increased by Rs 1, 500 per tola in the domestic market on Tuesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 198, 700 per tola today. It was traded at Rs 197, 200 per tola on Monday.
Similarly, the price of silver has increased by Rs 5 and is being traded at Rs 2, 360 per tola today.
Nepse surges by 21. 30 points on Monday
The Nepal Stock Exchange (NEPSE) gained 21. 30 points to close at 2, 761. 26 points on Monday.
Similarly, the sensitive index surged by 3. 18 points to close at 474. 38 points.
A total of 10,877,942-unit shares of 317 companies were traded for Rs 5. 75 billion.
Meanwhile, Narayani Development Bank Limited (NABBC) was the top gainer today, with its price surging by 9. 99 percent. Likewise, RBB Mutual Fund 1 (RMF1) was the top loser as its price fell by 3. 87 percent.
At the end of the day, total market capitalization stood at Rs 1. 56 trillion.
Dairy farmers of Gorkha to get subsidy in cash
The dairy farmers in Gorkha district would be provided subsidy in cash for the milk production.
Veterinary Hospital and Livestock Service Expert Centre, Gorkha has allocated the budget in order to provide a subsidy of Rs 5 per liter based on the product, said Chief of the Centre, senior veterinarian Dr Ananta Koirala.
The Center allocated Rs 1.5 million budget to provide subsidy in milk for the fiscal year 2025/26. Chief Koirala shared, "We planned to provide subsidy in cash to the farmers producing milk so they would be encouraged for more production, thereby making the district self-sufficient in milk."
This scheme would further help the dairy farmers to attract farmers towards animal husbandry, he argued.
An arrangement has been made to collect and sell the milk produced by farmers through cooperatives listed by the Center. The cooperatives in the list have to collect or sell at least 200 liters of milk.
According to the Center, the funding could be provided to 300 thousand liters of milk in the district this year under this scheme. It would provide the grant to farmers through cooperatives, he mentioned.
Soybean oil exports hit 510,000 tons
In Nepal, 27 companies produce oil using both imported and local soybeans, with most of the output exported abroad. In the last fiscal year, Nepal exported more than 500,000 tons of soybean oil. According to the Customs Department, a total of 510,063 tons of soybean oil was exported in fiscal year 2024/25.
RMC Foods Pvt Ltd was the leading exporter, shipping 43,467 tons of oil and capturing 8.43 percent of the total export market. Pashupati Edible Oil Industry ranked second with 38,727 tons (7.47 percent), while Shree Shiva Shakti Ghee Industry followed with 36,106 tons, securing around 7–8 percent of the market share.
Annapurna Vegetable Products Pvt Ltd exported 31,488 tons (6.17 percent), and Swastik Oil Industries Pvt Ltd exported 29,722 tons (5.83 percent). Sushil Vaastani Pvt Ltd (Parsa) exported 28,216 tons (5.53 percent), while Ganapati Vaastani shipped 28,292 tons (5.5 percent). OCB Foods and Feeds Pvt Ltd exported 26,312 tons (5.16 percent), and Baba Vegetable Oil Industries Pvt. Ltd. followed with 25,553 tons (5.01 percent).
Siddhi Vinayak Oil Pvt. Ltd. exported 15,636 tons, accounting for about three percent of total exports. Six other companies—Shri Krishna Oil Refinery Pvt Ltd, Maruti Oil Industry Pvt Ltd, Janakpur Refinery Pvt Ltd, Nandan Ghee & Oil Industry, Bagmati Oil Industries, and Shri Ram Refine Oil Products Pvt Ltd—each held around two percent market share, exporting between 13,500 and 15,000 tons of soybean oil.
Another six companies—Sunshine Foods Pvt Ltd, Kalika Refinery Pvt Ltd, ABC Oil Industry Pvt Ltd, Siddhartha Refinery and Solvent Industry Pvt Ltd, Probiotech Industry Ltd, and Everest Solvent Pvt Ltd—exported between 7,000 and 10,000 tons each, collectively holding around one percent market share. Meanwhile, CG Oil and Derivatives Pvt Ltd and Aarti Vegetable Products Pvt Ltd exported between 3,000 and 5,000 tons, capturing 0.99 percent and 0.73 percent of the market, respectively.
According to the Customs Department, Nepal imported 317,501 tons of soybeans and soybean meal last fiscal year at a cost of Rs 21.145bn. The state collected Rs 1.59bn in revenue from these imports.