Nepal Telecom’s net profit jumps 47.58 percent to Rs 8.86 billion

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The price of gold in Nepal’s domestic market increased by Rs 3,600 per tola on Sunday, while silver became Rs 50 more expensive compared with Friday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold has been fixed at Rs 305,200 per tola for Sunday. Gold was traded at Rs 301,600 per tola on Friday. Similarly, the price of silver has been set at Rs 4,710 per tola, up from Rs 4,660 on Friday.

16-AUG-2026 12:29 PM

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The NAIMA Nepal Mobility Expo 2026 has attracted more than 150,000 visitors during its first five days at Bhrikutimandap in Kathmandu, surpassing the organisers’ six-day attendance target one day before the event concludes. Around 42,000 people visited the expo on Saturday, marking the highest single-day attendance recorded so far. Visitor numbers stood at approximately 29,000 on the opening day, 26,000 on the second day, 22,000 on the third and more than 31,000 on the fourth day. The Nepal Automobile Importers and Manufacturers Association (NAIMA) had initially projected around 150,000 visitors over the six-day event. The target was reached during the fifth day itself.

16-AUG-2026 11:17 AM

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Nepal Airlines Corporation (NAC) has recorded higher revenue in the last fiscal year, but preliminary figures show that the national flag carrier is still likely to post a deficit as debt, interest payments, maintenance costs and other operating expenses continue to weigh on its finances. Prime Minister Balendra Shah recently pointed to what he described as signs of recovery at Nepal Airlines. In a social media post, Shah said the carrier had generated Rs 6.27 billion in revenue in four months, achieved an 86 percent occupancy rate and repaid Rs 1.06 billion in loan instalments.

15-AUG-2026 05:49 PM