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
A modest increase in NEPSE today, trading at 3 billion 44 crores
Kathmandu. On the second trading day of the week, NEPSE index decreased by 6.74 points to 2601.61. During the day, 7.757 thousand 625 shares of 329 companies were bought and sold. Today, while the share price of 155 co...
6 percent of Bagmati budget expenditure in three months
Kathmandu. In the first three months of the current fiscal year 2082-83, the Bagmati state government has spent only about 6.19 percent of the total budget. According to Suraj Paudel, information officer of the Ministr...
What is the exchange rate of which foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
Kalinchok Hydropower gets permission from Securities Board to issue IPO
Kathmandu. Kalinchok Hydropower has received permission from the Nepal Securities Board to issue an IPO. The Securities Board on Monday allowed this company to issue an IPO worth Rs 130.75 million. Now this company will open the IPO sale of a tota...
Development expenditure only 23.58 percent in nine months
Kathmandu. In the nine months of the current fiscal year 2082/83, the government has spent about 54 percent of the budget. The government had brought a budget of 19 trillion 64 billion rupees for the current financial year. Out of that, the govern...
An arch bridge is being built at a cost of 1 billion 21 crores
Damauli. The work of a four-lane bridge under construction at Damauli Bazar under the Muglin-Pokhara road section is going on in full swing. Muglin Pokhara Road Plan Eastern Section has reported that 77 percent progress has been made on the bridge...