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The price of gold has increased by Rs 500 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 193, 200 per tola today. It was traded at Rs 198, 800 per tola on Tuesday.

Similarly, the price of silver has increased by Rs 30 and is being traded at Rs 2, 075 per tola today.

The Organization for Economic Co-operation and Development (OECD), an international group of 38 countries promoting economic stability, has cut its global growth forecast to 2.9 percent from 3.1 percent, citing trade barriers driven by US tariffs under President Trump. The US outlook was lowered to 1.6 percent, with inflation risks noted.

UK growth was revised to 1.3 percent, with further slowing expected. The OECD warned of weak business confidence and urged stronger fiscal discipline ahead of the UK’s Spending Review, BBC reported.

Indrapur Jaycees successfully organised the “JCI Nepal Business Academy 2025,” at Nepalirika Hotel in Biratchowk from May 21-24.

Koshi Province Chief Minister Hikmat Kumar Karki inaugurated the program. He attended the event as the chief guest.

JCI Nepal 2025 National President JCI Senator Rajani Thapa chaired the program.

This three-day academy brought together 68 participants from across Nepal.

The training sessions were led by lead trainer Nisha Chandak, with support from assistant trainers Anup Mundada and Kiran KC.

During the opening ceremony, Chief Minister Karki emphasised the importance of such leadership and business development programs and encouraged JCI Nepal to continue organising such programs regularly. He also reaffirmed his and the government’s continued support for such initiatives.

Meanwhile, Shobha Chemjong, Member of the Koshi Province Assembly and Chief Whip of the Nepali Congress, attended the closing ceremony as the chief guest.

JCI Nepal National President Senator Rajani Thapa, National General Secretary Bikesh Lal Shrestha, Chief Training Commissioner Rajaram Gautam, Appointed National Vice President Ujjwal Kabra, and National Executive Vice President Ganesh Sapkota were also present on the occasion.

Speaking at the closing ceremony, JCI Aakash Dulal, Chair of the Hospitality Committee, expressed his confidence that the participants are now better prepared to operate their businesses more effectively and professionally.

Source: ritible

The Nepal Stock Exchange (NEPSE) plunged by 35. 07 points to close at 2, 659.59 points on Tuesday.

Similarly, the sensitive index dropped by 6. 69 points to close at 454. 29 points.

A total of 15,538,474-unit shares of 315 companies were traded for Rs 6. 67 billion.

Meanwhile, Om Megashree Pharmaceuticals Limited (OMPL) and Pure Energy Limited (PURE) were the top gainers today with their price surging by 10. 00 percent.

Likewise, Saptakoshi Development Bank Ltd (SAPDBL) was the top loser with its price dropped by 4. 89 percent.

At the end of the day, the total market capitalization stood at Rs 4. 42 trillion.