AGP Executive Report
Last update: 8 hours agoPayments: Nepal Rastra Bank will keep its RTGS system running from 9am to 3pm on Monday’s Chhath holiday to ensure payments continue. Markets: NEPSE turnover was just Rs 3.05 billion in its first post-Tihar session, as the index fell 6.32 points. Gold dropped Rs 11,300 over the week to Rs 271,700 per tola, while silver fell Rs 110. Trade: Nepal’s trade deficit widened 34.71% to Rs 532.49 billion in the first quarter, with imports rising faster than exports. Revenue collection reached Rs 301 billion, short of the Rs 330 billion target. High-value exports offered a bright spot, climbing 23.85% to Rs 36.65 billion; overall exports rose 57%, boosted by edible-oil re-exports. Business: Nepal Telecom’s first-quarter profit increased 37.35%. Domestic tile makers are also gaining ground against imports, with Lumbini Ceramics exporting to India. Connectivity: A planned weekly Janakpur–Ayodhya train could support cross-border tourism and trade.
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