Gold price increases by Rs 2, 200 per tola on Wednesday

The price of gold has increased by Rs 2, 200 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 166, 900 per tola today. It was traded at Rs 164, 700 per tola on Tuesday.

Similarly, the price of silver has increased by Rs 45 and is being traded at Rs 1, 975 per tola today.

 

Nepse plunges by 14. 08 points on Tuesday

The Nepal Stock Exchange (NEPSE) plunged by 14. 08 points to close at 2, 715. 91 points on Tuesday.

Similarly, the sensitive index dropped by 2. 49 points to close at 457. 12 points.

A total of 16,917,835-unit shares of 315 companies were traded for Rs 8. 91 billion.

Meanwhile, Joshi Hydropower Development Company Ltd (JOSHI) ​​​​​​was the top gainer today with their price surging by 9. 98 percent.

Likewise, Corporate Development Bank Limited (CORBL), Green Development Bank Ltd. (GRDBL) and Sindhu Bikash Bank Ltd (SINDU) were the top losers as their price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 50 trillion.

Government total expenditure stands at Rs 667.60 billion in last six months

 

The total expenditure of the Government of Nepal stood at Rs.667.60 billion during six months of FY 2024/25.

Nepal Rastra Bank (NRB) stated this in its report 'Current Macroeconomic and Financial Situation of Nepal (Based on Six Months Data Ending Mid-January, 2024/25)', quoting the Ministry of Finance, Financial Comptroller General Office (FCGO).

The recurrent expenditure, capital expenditure and financial expenditure amounted to Rs 452 billion, Rs 56.94 billion and Rs 158.66 billion respectively in the review period.

In the review period, total revenue mobilization of the Government of Nepal (including the amount to be transferred to provincial and local governments) stood at Rs 559.61 billion.

The total revenue comprises of tax revenue amounting Rs 489.40 billion and non-tax revenue Rs 70.21 billion in the review period.

The Cash Balance at various accounts of the GoN maintained with NRB remained Rs 297.70 billion (including Provincial Governments and Local Government Account) in mid-January 2025.

Such balance was Rs.83.99 billion in mid-July 2024.

Provincial Government Expenditure and Revenue In the review period, total expenditure of provincial governments stood Rs 44.81 billion and resource mobilization stood Rs 84.91 billion.

The total resource mobilization of provincial governments includes the grants and revenue transferred from the Government of Nepal amounting Rs 67.17 billion and revenue and other receipts of the provincial governments amounting Rs.17.74 billion in the review period.

 

Gold price increases by Rs 1, 900 per tola on Tuesday

The price of gold has increased by Rs 1, 900 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 164, 700 per tola today. 

Similarly, the price of silver has increased by Rs 20 and is being traded at Rs 1, 390 per tola today.