CIT posts over Rs 1.25 billion net profit in last fiscal year

CIT posts over Rs 1.25 billion net profit in last fiscal year

The Citizen Investment Trust (CIT) recorded a net profit of over Rs 1.25 billion after tax in the last fiscal year, officials said on Wednesday.

The Citizen Investment Trust (CIT) recorded a net profit of over Rs 1.25 billion after tax in the last fiscal year, officials said on Wednesday.

Business 14 Jan, 2026

Infinix launches XPAD 20 Pro tablet in Nepal

Infinix launches XPAD 20 Pro tablet in Nepal

Smartphone brand Infinix has expanded its product lineup in Nepal with the launch of the XPAD 20 Pro, a premium big-screen tablet aimed at users seeking a blend of productivity, entertainment, and smart learning.

Smartphone brand Infinix has expanded its product lineup in Nepal with the launch of the XPAD 20 Pro, a premium big-screen tablet aimed at users seeking a blend of productivity, entertainment, and smart learning.

Business 14 Jan, 2026

AMDU appoints Laxmi Sunrise Capital as issue manager for IPO

AMDU appoints Laxmi Sunrise Capital as issue manager for IPO

Annapurna Machha Dana Udyog Limited (AMDU), a leading agri-processing company in Nepal, has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for its forthcoming Initial Public Offering (IPO), as the company advances towards public listing and the next phase of large-scale industrial expansion.

Annapurna Machha Dana Udyog Limited (AMDU), a leading agri-processing company in Nepal, has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for its forthcoming Initial Public Offering (IPO), as the company advances towards public listing and the next phase of large-scale industrial expansion.

Business 14 Jan, 2026

Gold, silver prices hit fresh records

Gold, silver prices hit fresh records

Gold price in the domestic market continued its upward momentum on Wednesday, climbing by Rs 1,500 per tola to reach a new all-time high of Rs 278,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.

Gold price in the domestic market continued its upward momentum on Wednesday, climbing by Rs 1,500 per tola to reach a new all-time high of Rs 278,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.

Business 14 Jan, 2026

Vapes worth 22.4 million confiscated

Vapes worth 22.4 million confiscated

E-cigarettes (vapes) worth Rs 22.4 million have been seized at the Korala border.

E-cigarettes (vapes) worth Rs 22.4 million have been seized at the Korala border.

Business 13 Jan, 2026

Hyatt Place Butwal enters market as city's first international five-star hotel

Hyatt Place Butwal enters market as city's first international five-star hotel

Hyatt Place Butwal has officially entered the hospitality market, becoming the first internationally branded five-star hotel in Butwal and marking a significant milestone in Western Nepal’s tourism and business landscape.

Hyatt Place Butwal has officially entered the hospitality market, becoming the first internationally branded five-star hotel in Butwal and marking a significant milestone in Western Nepal’s tourism and business landscape.

Business 13 Jan, 2026

Yak & Yeti celebrates Nepal's culinary legacy with cookout challenge

Yak & Yeti celebrates Nepal's culinary legacy with cookout challenge

Hotel Yak & Yeti, in collaboration with Tasneem’s Kitchen, recently hosted the Legacy Cookout Challenge at the Lal Durbar Convention Centre’s Crystal Palace Courtyard, celebrating Nepal’s culinary heritage through live demonstrations and interactive cooking.

Hotel Yak & Yeti, in collaboration with Tasneem’s Kitchen, recently hosted the Legacy Cookout Challenge at the Lal Durbar Convention Centre’s Crystal Palace Courtyard, celebrating Nepal’s culinary heritage through live demonstrations and interactive cooking.

Business 13 Jan, 2026

Hyundai Nepal reaffirms customer-first focus as it enters 2026

Hyundai Nepal reaffirms customer-first focus as it enters 2026

Hyundai Nepal has entered 2026 with a renewed focus on customer confidence, advanced technology and long-term mobility solutions, reinforcing its position as one of the country’s most trusted automobile brands.

Hyundai Nepal has entered 2026 with a renewed focus on customer confidence, advanced technology and long-term mobility solutions, reinforcing its position as one of the country’s most trusted automobile brands.

Business 13 Jan, 2026

Gold hits new record at Rs 276,500 per tola; silver also scales historic high

Gold hits new record at Rs 276,500 per tola; silver also scales historic high

Gold price made fresh history in the domestic market on Tuesday, climbing by Rs 1,800 per tola to reach an all-time high of Rs 276,500 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.

Gold price made fresh history in the domestic market on Tuesday, climbing by Rs 1,800 per tola to reach an all-time high of Rs 276,500 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.

Business 13 Jan, 2026

NICCI holds 12th AGM, re-elects Sanjay Agrawal as President

NICCI holds 12th AGM, re-elects Sanjay Agrawal as President

The Nepal Italy Chamber of Commerce and Industries (NICCI) held its 12th Annual General Meeting in Kathmandu on Sunday, reaffirming its commitment to strengthening bilateral trade, investment, tourism and business cooperation between Nepal and Italy.

The Nepal Italy Chamber of Commerce and Industries (NICCI) held its 12th Annual General Meeting in Kathmandu on Sunday, reaffirming its commitment to strengthening bilateral trade, investment, tourism and business cooperation between Nepal and Italy.

Business 12 Jan, 2026

Ncell launches 'Yuwa SIM' starter pack for Gen Z users

Ncell launches 'Yuwa SIM' starter pack for Gen Z users

Ncell has launched a new starter pack, ‘Yuwa SIM’, targeting Gen Z customers with affordable voice and data services tailored to students and young users.

Ncell has launched a new starter pack, ‘Yuwa SIM’, targeting Gen Z customers with affordable voice and data services tailored to students and young users.

Business 12 Jan, 2026

Gold hits record Rs 274,700 per tola, silver crosses Rs 5,000 mark

Gold hits record Rs 274,700 per tola, silver crosses Rs 5,000 mark

Gold price in the domestic market surged by Rs 4,100 per tola on Monday, climbing to a historic high of Rs 274,700 per tola.

Gold price in the domestic market surged by Rs 4,100 per tola on Monday, climbing to a historic high of Rs 274,700 per tola.

Business 12 Jan, 2026

Gold price jumps Rs 2,800 per tola, nears new record high

Gold price jumps Rs 2,800 per tola, nears new record high

Gold price in the domestic market surged by Rs 2,800 per tola on Sunday, climbing to Rs 270,600 per tola and matching the all-time high recorded on December 28.

Gold price in the domestic market surged by Rs 2,800 per tola on Sunday, climbing to Rs 270,600 per tola and matching the all-time high recorded on December 28.

Business 11 Jan, 2026

NOC must enhance competitiveness: Minister Sinha

NOC must enhance competitiveness: Minister Sinha

Minister for Industry, Commerce and Supplies, Anil Kumar Sinha, has called on the Nepal Oil Corporation (NOC) to focus on improving its institutional development and service delivery.

Minister for Industry, Commerce and Supplies, Anil Kumar Sinha, has called on the Nepal Oil Corporation (NOC) to focus on improving its institutional development and service delivery.

Business 10 Jan, 2026

Smart Appliances, Jagdamba Hire Purchase partner to offer 0% EMI

Smart Appliances, Jagdamba Hire Purchase partner to offer 0% EMI

Smart Appliances Pvt. Ltd., a subsidiary of the KL Dugar Group, has signed a memorandum of understanding with Jagdamba Hire Purchase Limited to introduce a 0 percent EMI facility for its SKYWORTH and Livpure home appliances.

Smart Appliances Pvt. Ltd., a subsidiary of the KL Dugar Group, has signed a memorandum of understanding with Jagdamba Hire Purchase Limited to introduce a 0 percent EMI facility for its SKYWORTH and Livpure home appliances.

Business 07 Jan, 2026

Gorkha Brewery leads clean-up drive at Pokhara Street Festival

Gorkha Brewery leads clean-up drive at Pokhara Street Festival

Gorkha Brewery/Carlsberg Group led a clean environment initiative during the 27th Pokhara Street Festival, in collaboration with the Restaurant and Bar Association Nepal (REBAN) and Bhadrakali Waste Management Pvt. Ltd., aiming to promote responsible waste management in one of Nepal’s key tourism hubs.

Gorkha Brewery/Carlsberg Group led a clean environment initiative during the 27th Pokhara Street Festival, in collaboration with the Restaurant and Bar Association Nepal (REBAN) and Bhadrakali Waste Management Pvt. Ltd., aiming to promote responsible waste management in one of Nepal’s key tourism hubs.

Business 07 Jan, 2026

Chhurpi exports rise 32% through Mechi Customs

Chhurpi exports rise 32% through Mechi Customs

Exports of Chhurpi, hardened cheese made from yak milk, through the Mechi Customs Office in Kakarbhitta have increased by 32 percent in the first five months of the current fiscal year 2082/83.

Exports of Chhurpi, hardened cheese made from yak milk, through the Mechi Customs Office in Kakarbhitta have increased by 32 percent in the first five months of the current fiscal year 2082/83.

Business 07 Jan, 2026

Gold falls Rs 400 per tola, silver nears Rs 5,000 mark

Gold falls Rs 400 per tola, silver nears Rs 5,000 mark

Gold price declined by Rs 400 per tola in the domestic market on Wednesday, moving further away from the all-time high of Rs 270,600 per tola recorded on December 28.

Gold price declined by Rs 400 per tola in the domestic market on Wednesday, moving further away from the all-time high of Rs 270,600 per tola recorded on December 28.

Business 07 Jan, 2026

Rs 2.56 billion invested in startups in Koshi Province: NRB

Rs 2.56 billion invested in startups in Koshi Province: NRB

A total of Rs 2.56 billion has been invested in startups in Koshi Province, according to a special study report by the Nepal Rastra Bank (NRB).

A total of Rs 2.56 billion has been invested in startups in Koshi Province, according to a special study report by the Nepal Rastra Bank (NRB).

Business 06 Jan, 2026

Gold edges closer to record high with Rs 3,100 rise per tola

Gold edges closer to record high with Rs 3,100 rise per tola

Gold price continued its upward momentum in the domestic market on Tuesday, inching closer to the all-time high of Rs 270,600 per tola recorded on December 28.

Gold price continued its upward momentum in the domestic market on Tuesday, inching closer to the all-time high of Rs 270,600 per tola recorded on December 28.

Business 06 Jan, 2026