Crude oil prices fall on signs of opening of Hormuz, new record in US stock market
-
Media Baaji
- Wed, 5 August 2026
Kathmandu. The diplomatic talks between Iran and Oman regarding the resumption of the safe passage of commercial ships through the Strait of Hormuz have indicated that they are progressing in a positive direction.
After the representatives of both sides showed the possibility of agreement, there is hope that the impact of the ongoing tension in the Middle East will decrease on the world economy. However, at the same time, the attack on the Indian merchant ship near the Red Border near Yemen and the subsequent sinking of the ship confirmed that the regional maritime security risk is still serious.
Related News
Public debt reached 58 trillion
Kathmandu. The share of public debt in GDP has reached 47.13 percent. As the government took 28 trillion 78 billion rupees in public debt till the end of February of the current financial year, its ratio to GDP has increased. According to the Publ...
The price of chicken meat has decreased
Kathmandu. The price of chicken meat has decreased in the market. The National Poultry Sales Traders Association has informed that the price of meat has been reduced with effect from Wednesday. According to the federation, the price of chicken mea...
NEPSE rose, the index to 2,597 points as share prices of 121 companies increased
Kathmandu. On Thursday, the last trading day of the current financial year, the Nepal Stock Exchange NEPSE index has closed with an increase of normal points. The market, which has been fluctuating throughout the day, improved at the end of tradin...
People's Hydropower will sell 5 lakh shares of Upper Hewakhola
Kathmandu. People's Hydropower Company Limited has announced plans to sell five lakh shares of Upper Hewakhola Hydropower Company Limited through the stock market. In the notice issued by the company, it is mentioned that the shares will be traded...
This is the foreign currency exchange rate on Saturday
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 63 paisa and the selling rate is 152 rupees 23 paisa. The buying...
NADA expresses grief over severe floods in Rasuwa, urges vigilance in affected areas
Kathmandu. Nepal Automobile Importers and Manufacturers Association NADA has expressed deep sorrow over the extensive damage caused to life, infrastructure and public and private property in Timure, Syafrabensi and Rasuwagadhi areas due to the sev...