Nepse plunges by 23. 93 points on Sunday

The Nepal Stock Exchange (NEPSE) plunged by 23. 93 points to close at 2, 958. 71 points on Sunday. 

Similarly, the sensitive index dropped by 4. 36 points to close at 512. 76 points.

A total of 58,653,762-unit shares of 323 companies were traded for Rs 26. 57 billion.

Meanwhile, Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) and Trade Tower Limited (TTL) were the top gainers today with their price surging by 10. 00 percent. Likewise, Narayani Development Bank Limited (NABBC) was the top loser as its price fell by 6. 34  percent.

At the end of the day, the total market capitalization stood at Rs 1. 68 trillion.

 

Dhorpatan receives 23,000 tourists in a year

The number of tourists visiting Dhorpatan, Nepal's only hunting reserve area, has been increasing annually. 

According to the Dhorpatan Hunting Reserve Office in Baglung, the number of domestic tourists here rose by 8,000 in a year. 

Ranger Sagar Subedi of the Dhorpatan Hunting Reserve Office said that 23,692 tourists visited Dhorpatan in the fiscal year 2024/25 while such number was 15,573 in the previous fiscal year. 

Among the visitors, only 12 were the citizens from the SAARC member states and 213 were the nationals from other countries while the rest of them were the domestic tourists. 

Subedi further explained that the rise in the tourist numbers is due to increased promotion of Dhorpatan and improved tourism infrastructures. He added that the increase in tourists has also boosted revenue. 

Nepali tourists visiting Dhorpatan should pay Rs 100 as an entry fee. 

More than two million rupees in revenue was collected from the entrance fees in the last fiscal year. 

The growth in tourists is also due to popular trekking routes, said Subedi. 

While foreign tourists come mainly for hunting, the domestic tourists have been visiting to explore the hunting reserve area, Dhorpatan Valley, Niseldhor, Dhorbarah Temple, Bukipatan, Jaljala, and other sites. 

Ram Bahadur Gharti, operator of Dhorpatan Community Homestay, shared that about two dozen hotels and homestays are now offering services to the visitors in Dhorpatan Valley, and tourists can conveniently reach the area by buying tour packages too.

 

Gold price drops by Rs 1, 100 per tola on Sunday

The price of gold has dropped by Rs 1, 100 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 194, 600 per tola today. It was traded at Rs 194, 700 per tola on Friday.

Similarly, the price silver has dropped by Rs 50 and is being traded at Rs 2, 290 per tola today.

Over 44,500 EVs imported in 2024/25

Nepal imported over 44,500 electric vehicles in fiscal year 2024/25, underscoring a rapid shift toward electric mobility, driven by low customs duty, rising environmental awareness, and the increasing availability of affordable EV models packed with modern features.

According to the Department of Customs, 44,534 units of electric three-wheelers, motorcycles and scooters, as well as cars, vans, microbuses and buses were imported into the country in the last fiscal year. The total value of these EV imports stood at Rs 43.99bn. Customs data shows the government collected Rs 22.76bn in revenue from these imports. 

A majority of these electric vehicles came from China, while few also came from India. This surge underscores the growing preference among Nepali consumers for electric alternatives to fossil-fuel-powered vehicles.

Electric three-wheelers led the import charts, with 16,505 units brought into the country in the review period. These include 9,728 fully assembled vehicles and 6,777 knockdown units for local assembling. The total value of these three-wheelers was Rs 1.68bn. These vehicles are popular for public and short-distance transport, particularly in urban areas and the low plains of Tarai.

Similarly, 13,578 units of electric cars, jeeps and vans, totaling Rs 31.76bn in value, were imported into the country during the fiscal year. Passenger cars accounted for the lion’s share with 11,951 units, while van imports reached 1,626 units. The government earned Rs 19.7bn in revenue from this category alone. Particularly, mid-range models with motor capacities between 51-100 kilowatts were the most popular in this category. 

Electric scooters and motorcycles also saw strong growth, with 11,319 units worth Rs 4.39bn imported last year. These vehicles, preferred by commuters for their low operating costs and ease of use, generated Rs 370m in revenue for the government.

Meanwhile, Nepal imported 3,132 units of electric microbuses and buses valued at Rs 9.48bn. These included 1,830 units in the 11–14 seats category, 1,260 in the 15–25 seats category, and 16 full-sized electric buses. The government collected Rs 2.1bn in revenue from these imports.