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The gold is being traded at Rs 118, 400 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 117, 850 per tola.

The price of silver, however, has increased by Rs 10 and is being traded at Rs 1, 380 per tola today.    

Jyoti Bikash Bank, through its CSR initiatives, has distributed Baby Warmer machines to 38 governmental and community hospitals across the country, benefiting over 6,000 infants during childbirth. The Nyano Nani Baby Warmers, domestically produced by the National Innovation Center led by Dr Mahabir Pun, were made possible through the ‘Hamro Bikash Prabardhan Kosh’, a fund established by Jyoti Bikash Bank to support CSR activities. 

In 2077, marking its 12th anniversary, the bank announced collaboration with the National Innovation Center. The phased distribution included 10 Nyano baby warmers in the first phase, 13 in the second, and 15 in the third, making a total of 38 Nyano baby warmers over three and a half years. “The initial goal of partnering with the National Innovation Center was to benefit hospitals and delivery cases, while also fostering the skills of youth to ideate and manufacture such equipment domestically,” the bank says.

In the first phase, the bank distributed the baby warmes in Kapilvastu Community Hospital in Kapilvastu, Madhyabindu District Hospital in Nawalpur, Mahakali Zonal Hospital in Kanchanpur, Pyuthan District Hospital in Pyuthan, Primary Health Center in Mahottari, Amda Hospital in Jhapa, District Hospital in Khotang, Samari health post in Nuwakot, Beni Hospital in Myagdi and Burtibang Primary Health Center in Baglung. 

In the second phase baby warmers were distributed in Lipanibirta Health post in Parwanipur, Hetauda Hospital in Hetauda, Betini Community Health post in Phaparbari, Chandranigahpur Hospital in Chandranigahpur, Inaruwa in Sunsari Hospitals, Chiuridanda Health Chowki in Khotang, Kalpavriksha Health post in Sindhuli, Bhingri Primary Health Center in Pyuthan, Mahadevpuri Health Chowki in Banke, District Hospital in Bardia, Health Service Office in Jajarkot, Deurali Primary Health Center in Nuwakot and Shishuwa Hospital in Kaski.

“In the third phase, the bank will provide services to Baksila Health Chowki in Khotang, Okhaldhunga Community Hospital in Okhaldhunga, District Hospital in Ilam, Khairhani Nagar Hospital in Chitwan, Tharpu Health Chowki in Tanahun, Baghoda Hospital in Chitwan, Dodhara Primary Health Center in Kanchanpur, Sisahnia Health Post in Dang, Harnaiya Health Post in Rupandehi, Pheta Health Post in Bara, Mahakali Health Post in Nuwakot, Abukhareni Hospital in Tanahun, Nepal Family Planning Association Health Center in Itahari, Khadgbhanjyang Health Post in Nuwakot and Zarbutya Health Post in Surkhet Zarbutya Health Post,” says the bank.

The gold is being traded at Rs 118, 400 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 117, 859 per tola.

Similarly, the silver is being traded at Rs 1, 390 per tola today.   

The government has collected Rs 3.15bn plus in royalty from different hydropower projects that are in operation.

The Nepal Electricity Authority (NEA) has been collecting the royalty amount on a regular basis as it keeps the royalty amount while paying the power developers for using their power. 

Likewise, the Electricity Development Department has asked some power developers to deposit the royalty amount as they were yet to clear their dues till the fiscal year 2022/23, Department’s Director General Chiranjivi Chataut said.

The projects failing to clear their dues would be charged by writing to the NEA. As per the provision, the royalty amount would be provided to the affected communities at the local level. 

The Department has collected Rs 1.15bn from license fees, Rs 8.7m from penalty and confiscation and Rs 4.2m from arrear. The Department collected Rs 4.31bn plus in revenue in the fiscal year 2022/23. 

Likewise, the Department has collected Rs 595.5m in royalty till the first six months of the current fiscal year while the amount from licensing is Rs 162.4m.