The price of gold in Nepal has dropped by Rs 600 per tola in the domestic market today. This decline has caught the attention of traders and buyers, as gold prices have been fluctuating in recent weeks. Current Gold and Silver Prices According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of hallmark gold is now set at Rs 179,100 per tola. On Tuesday, the price stood at Rs 179,700 per tola, indicating a noticeable drop. Along with gold, silver prices have also fallen. Silver is now priced at Rs 2,020 per tola, down by…
Author: Tanjid
Nepali Prime Minister KP Sharma Oli is on a five-day visit to Thailand. On Wednesday, he met Thai Prime Minister Paetongtarn Shinawatra. The leaders discussed ways to strengthen relations between the two countries. They focused on tourism, culture, and economic cooperation. Official Welcome and Meeting Details Shinawatra welcomed Oli with a ceremonial guard of honor. The meeting was held at a government building in Thailand. Several key officials from both countries attended. Nepal’s Foreign Minister Arzu Rana Deuba, Prime Minister Oli’s Chief Advisor Bishnu Prasad Rimal, and Economic Development Advisor Yubaraj Khatiwada were present. Chief Secretary Ek Narayan Aryal and…
Nepal Insurance Company Limited is set to hold its 76th Annual General Meeting (AGM) today, Chaitra 19. The meeting will begin at 11 AM at Nepal Pragya Pratishthan, Kamaladi, Kathmandu. Several key agenda items, including dividend distribution and amendments to the company’s articles, are set to be discussed. Dividend Distribution Plan One of the main highlights of the AGM is the proposed distribution of dividends. The company plans to provide a 15% bonus share on its current paid-up capital. Additionally, 0.79% cash dividend will be issued for tax purposes. If approved, this distribution will increase the issued and paid-up capital…
Nepal’s Prime Minister KP Sharma Oli has issued a stern warning against those responsible for the violent pro-monarchy protests that shook the country. Speaking at the House of Representatives on Monday, Oli said that legal actions would be taken against all individuals involved, including former king Gyanendra Shah, if found guilty of inciting violence. Former King Accused of Incitement According to local media reports, the Prime Minister accused Shah of encouraging the protests through a video statement. He emphasized that no one, regardless of their status, would be exempt from punishment. “Shouldn’t those who aspire to reclaim the throne publicly…
Nepal’s President Ramchandra Paudel has officially ended the current session of both houses of the Federal Parliament. The session will be prorogued from midnight today, following a recommendation from the Council of Ministers. Government’s Decision to End the Session The decision to close the session came after a meeting of the Council of Ministers on Monday. The government decided to recommend the prorogation of Parliament under Article 93 (2) of the Constitution of Nepal. This constitutional provision allows the government to end a session based on political or administrative needs. Following this decision, President Paudel signed the official order, which…
The Nepal government has reduced the security detail of former King Gyanendra Shah. This comes after ruling coalition members called for his arrest following violent clashes at pro-monarchy protests in Kathmandu. Ruling Coalition Calls for Arrest On Sunday, March 30, Nepal’s ruling coalition demanded the arrest of former King Gyanendra Shah. Lawmakers from the CPN-UML and Nepali Congress raised the issue in Parliament, blaming the former king for inciting unrest. The move triggered protests from the pro-monarchy Rastriya Prajatantra Party (RPP), leading to a heated debate in the House of Representatives. The session had to be adjourned due to the…
Nepal’s political landscape is heating up once again as Prime Minister K.P. Sharma Oli accuses former King Gyanendra Shah of attempting to disrupt social harmony and incite unrest. The comments come after violent pro-monarchy protests erupted in Kathmandu, leaving two people dead and over 100 injured. Oli Blames Former King for Unrest Speaking in the House of Representatives on March 31, 2025, Prime Minister Oli stated that the former king was aligning himself with individuals refusing to repay bank loans and stirring social tensions for personal ambitions. His remarks led to an uproar in Parliament, especially from members of the…
Nepal is witnessing a wave of protests calling for the return of the monarchy, nearly two decades after the former king was forced to step down. People are voicing frustration with political instability, corruption, and economic struggles. The protests have turned violent, leading to clashes, arrests, and curfews in the capital, Kathmandu. Protests Demand the Return of the King Thousands of demonstrators have gathered in Kathmandu, chanting slogans in support of former King Gyanendra Shah. Many carried banners and waved flags, demanding the restoration of the monarchy. On Friday, protests turned violent, leading to the deaths of two people and…
Nepal has received 21 stolen relics from the United States. These items include wooden blocks and artifacts with historical value. The Department of Archeology shared this news at a press conference. Artifacts Taken from Different Locations Among the returned items are three Pauva paintings. Thieves stole them from Itumbahal in Kathmandu in 2037 BS. A stone idol of Buddha from the ninth century also returned. Someone took it from the Machchhindra Bahal area in Bungmati. Another important piece, a 12th-century stone Buddha idol from Guit Chaitya in Patan, came back from the Art Institute of Chicago. Additionally, people had smuggled…
Kathmandu officials have fined former King Gyanendra Shah for damages caused during violent pro-monarchy protests in the capital. The protests turned deadly, leaving two people dead and 110 others injured. Violent Protests Lead to Curfew The protests erupted on Friday in the Tinkune-Baneshwor area of Kathmandu, where demonstrators demanded the reinstatement of Nepal’s monarchy. Supporters of the former king clashed with security forces, leading to chaos in the city. Protesters threw stones, attacked a political party’s office, set vehicles on fire, and looted shops. The violence prompted authorities to impose a curfew in the city’s eastern region at 4:25 p.m.…