Bullion price rises


Bullion recorded the highest price in recent months this week. According to Nepal Gold Silver Dealers’ Association (NEGOSIDA), the market of precious yellow metal opened with a price tag of Rs 10,340 per 10 gram on Sunday and climbed to Rs 10,350 on Friday. The price increased steadily as value of the US dollars and the international economic activities could not improve due to the relief and rescue works going on in the hurricane-affected areas. Likewise, the price of silver remained unchanged at Rs 180 per 10 grams throughout the week. — HNS

New rule for oil pump


Government has set a new criteria for establishment of filling stations along the roads for filling petrol, diesel, LPG and re-charging batteries of vehicles. As per the new provision, the ministry of physical planning and works has fixed the distance — at least 300 metres between them and the facilities like toilet, first-aid and drinking water. The ministry targets to develop the filling stations as service stations soon with facilities like canteen, workshop and shower. “The stations should not be within 300 metres from the national highway or any blacktopped road and 200 metres in case of other roads and within 300 metres from any permanent check-point and within 200 metres from any bridge.” — RSS

EU to discuss oil price


EU finance ministers began their second day of talks on Saturday to debate measures to deal with soaring oil prices and their effect on fragile economic growth. — AP