- Sunday, 2 November 2025
Public debt increases by Rs 50.6 billion in first quarter of FY 2082/83
According to the Public Debt Management Office, by the end of the last fiscal year, which ended on July 16, the government’s total debt stood at Rs 2,674 billion 40 million. As of the end of Asoj (October 17), it had reached Rs 2,724 billion 650 million. The debt amount is equivalent to 44.61 percent of the Gross Domestic Product (GDP).
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Vehicular movement along BP Highway, Mid-Hill Highway restricted during night
The movement of vehicles along the BP Highway and the Mid-Hill Highway has been restricted at night due to the increased risk of floods and landslides amidst continuous rains.
APF reaches Muktinath Temple to provide medical care to tourists
The APF set up a health camp at the temple entrance in the morning and conducted health check-ups for 250 visitors. Most of the visitors reported headaches, nausea, vomiting, and breathing difficulties following the snowfall and a sudden drop in temperature.
40,000 plus tourists visit Mustang in past 10 days
The District Police Office, Mustang, stated that 37,146 domestic tourists and 3,732 foreigners arrived in Mustang district via the Beni-Jomsom road section during 18 to 27 October. Deputy Superintendent of Police (DSP) of Mustang, Tshiring Kippa Lama, said that a total of 11,808 vehicles entered into the district during the period via the Beni-Jomsom route.
Huge investment at risk as many projects remain idle for years after construction
A huge investment has been put at risk as some projects built by the Bagmati Provincial government for specific purposes have not been operationalised for long. The trend of pouring money into projects without concrete plans and procedures has raised concerns that taxpayers’ money might be wasted. The powder milk factory built by the Bagmati Provincial government two years ago at a cost of Rs. 470 million has so far been limited to trial production.
Gold, USD and currency diversification
Coincidentally, JPMorgan analysts maintained their bullish outlook on gold on Thursday, predicting prices will rise to an average of $5,055 an ounce by the fourth quarter of 2026, up about 15% from Monday's record high of $4,381.
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Trade deficit of approximately Rs 400 billion in three months
The country has recorded a trade deficit of approximately 400 billion rupees in the initial three months of the current fiscal year 2082/83 BS (2025/26).
Global IME Bank Honored with Global Finance “Best Bank Award”
Global IME Bank was recognized as the Best Bank in Nepal 2025 based on several key parameters, including reliability, financial resource mobilization, expansion of access, establishment of strategic relationships, innovation of professional and customer-friendly services, and credit rating performance, according to press note issued by the Global IME Bank.
Jerry on Top, a film based on Everest story, releases in cinemas from today
While Sagarmatha (Mt Everest) has long been a subject of documentaries and Hollywood movies, Jerry on Top, a Nepali feature film using the mountain as the core of its story, has officially released in cinema halls across the country from today.
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KMC intensifies market monitoring
The Kathmandu Metropolitan City (KMC) has accelerated the market monitoring during the festival period.
Customers not demanded personal confidential details: RBB
The Bank expressed serious concern over reports that its customers have been receiving phone calls from unauthorized individuals engaged in fraudulent activities. These callers attempt to extract personal details by offering fake schemes and promises of financial gain, the Bank warned.
Minister Ghising directs NEA to make electricity system reliable, consumer-friendly
While inspecting the electricity centre in Syuchatar, Kathmandu, he acquired information on the condition of electricity generation, transmission and distribution systems across the country, grid operation, electricity demand and supply management, electricity export, and electricity projects damaged by floods and landslides, among other things.
Government making efforts to boost up confidence of private sector, asserts Finance Minister
Sharing that the government has made public programmes related to revenue exemption, banking subsidy and insurance facilitation, the Finance Minister claimed transparent trading will be promoted with the enforcement of online database system in customs.
