Gold has always been seen as a safe haven for investors, but lately, it’s been making headlines as it surpasses the $3,000 mark per ounce for the first time. This surge has left many wondering: is it time to invest in gold? The answer isn’t as simple as a yes or no, but understanding why gold is soaring can help shed light on this opportunity.
Author: Nepal Monitor
Nepal Airlines has reinstated domestic flights on select routes after a three-month suspension. The national carrier resumed services to Bhojpur on March 25 and plans to launch regular flights to Taplejung starting April 5, according to The Rising Nepal. These two airports currently do not receive scheduled commercial flights from any other airline. Nepal Airlines Revives Suspended Operations The airline is gradually reintroducing previously halted routes following the repair of one of its two de Havilland Canada DHC-6-300 Twin Otter aircraft. Nepalese media reports suggest that this move will enhance air connectivity for remote regions. In December 2024, one of…
The 2025 Hong Kong Rugby Sevens is set to be one of the most exciting editions yet, moving to the brand-new Kai Tak Sports Park from March 28-30. With a capacity for 50,000 fans, world-class rugby action, and live performances from Kaiser Chiefs and Pete Tong, this year’s tournament promises unforgettable moments. WATCH DAY 2: Hong Kong Rugby Sevens Live Stream Anywhere Here’s your complete guide to watching the event, including the full schedule, competing teams, and how to catch all the action live. Quick Viewing Guide – How to Watch HK7 Live You won’t want to miss a minute…
After reaching historic highs, Bitcoin is now facing a challenging period. As of March 19th, the cryptocurrency was trading at $83,400, a sharp drop from its peak of $109,000 in January. This marks a significant 23% loss from its record high. With Bitcoin struggling to stay above $100,000 since February, many are wondering if the cryptocurrency is entering a new phase of decline.
Investors love a good bargain—and in the world of stocks, “cheap” doesn’t necessarily mean “risky.” As we move into 2025, some U.S. equities are flying under the radar, quietly offering long-term value while the spotlight shines elsewhere.
The 8th Nepal International Film Festival (NIFF) has concluded with a grand ceremony honoring the best of Nepali and international cinema. Held over five days, the festival featured 87 films from 40 countries. Crawling Crows – Aankha won the Best National Feature Film award, earning a cash prize of Rs. 100,000 and a trophy. The event, chaired by Minister of Communication and Information Technology Prithvi Subba Gurung, celebrated outstanding films and filmmakers from around the world. Best National Feature Film: Crawling Crows – Aankha The festival’s top award for Best National Feature Film went to Crawling Crows – Aankha. Directed…
Ethereum has been in a holding pattern recently, hovering around the low thousands and underperforming compared to some of its peers. As someone who has followed the crypto scene closely—often chatting with tech-savvy friends and attending blockchain meetups—I can say that predicting a surge past the $5,000 mark isn’t as far-fetched as it might seem, though it certainly isn’t guaranteed.
In a significant move toward concluding Nepal’s long-standing peace process, key political leaders have agreed to establish a selection committee. This committee will be responsible for recommending chiefs for the Truth and Reconciliation Commission (TRC) and the Transitional Justice Commission (TJC). These bodies play a crucial role in addressing the human rights violations committed during the Maoist insurgency. The decision was reached during a high-level meeting at the Prime Minister’s Office in Singha Durbar. Prime Minister K P Sharma Oli, Nepali Congress President Sher Bahadur Deuba, and CPN-Maoist Centre leader Pushpa Kamal Dahal ‘Prachanda’ were among the prominent figures who…
As whispers of a potential crash in the U.S. stock market grow louder, James D. Touati, known in financial circles as the Zurich Wolf and the founder-president of The Nest, rings a bell of caution for investors. With indices like the Dow Jones, Nasdaq, and S&P 500 showing signs of instability since last December, Touati predicts a rocky road ahead for Wall Street.
Kathmandu-Nepal Rastra Bank (NRB) is set to withdraw an additional Rs. 20 billion from the banking system today, Chaitra 10, as part of its ongoing efforts to manage excess liquidity. This measure comes as banks and financial institutions struggle with surplus funds due to declining credit demand. Central Bank’s Move to Curb Excess Liquidity The central bank has been consistently utilizing deposit collection tools to absorb surplus liquidity from the market. According to NRB, the bidding process for this withdrawal will take place at 3 PM today. Financial institutions wishing to participate can submit bids within the prescribed limits. Bidding…