KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today:

NEPSE Falls by 30.02 Points

The Nepal Stock Exchange (NEPSE) declined by 30.02 points on Sunday. During today’s trading, shares worth Rs 4.90 billion were transacted, causing the NEPSE index to drop to 2,566.09 points. Along with the index, NEPSE’s market capitalization fell by 1.15 percent. In today’s trading, share prices of 222 companies decreased, 28 companies saw their share prices rise, and one company’s share price remained unchanged.

Deposit and Credit Protection Fund to Invest Rs 4.66 Billion

The Deposit and Credit Protection Fund is set to invest Rs 4.66 billion. The fund plans to invest the amount currently held in various banks. Class “A” banks licensed by Nepal Rastra Bank will be able to obtain the investment amount by November 10. The fund has also set conditions for banks wishing to receive the funds. To qualify, a bank must have been in operation for at least five years and must have recorded profits continuously for the past five fiscal years.

NRB Absorbs Rs 30 Billion in Deposits Today

Nepal Rastra Bank has absorbed Rs 30 billion in deposits today. Despite the end of the Dashain and Tihar festivals, excess liquidity remains high, prompting the central bank to conduct another auction to absorb deposits. Currently, total deposits have exceeded Rs 7.4 trillion. The central bank has been using deposit collection tools and standing deposit facilities to manage excess liquidity and interest rates. Only banks and financial institutions licensed by the central bank under classes “A”, “B”, and “C” are eligible to participate in the auction.

 NEA Says Company Offering Best Bid Was Selected for Power Purchase

The Nepal Electricity Authority (NEA) has announced that it has signed a competitive agreement to purchase electricity from India to ensure a reliable and sustainable supply during the winter season. In a statement issued on Saturday, NEA said that among the two companies that submitted proposals, the company offering the lowest rate was selected. NEA continues to import electricity through India’s Energy Exchange Market (IEX) via the Day-Ahead and Real-Time markets and through other bilateral exchange mechanisms.

Yak Herds in Mustang Shifted to Lower Pastures Due to Heavy Snowfall

Following heavy snowfall and severe cold a week ago, yak herders in Mustang have relocated their animals to lower pastures. The snowfall has completely covered grazing lands in the highlands, and water sources have frozen, forcing locals to move their yaks to warmer lower regions to protect them from the harsh conditions.

Mountain Energy Nepal Announces 20% Bonus Shares

Mountain Energy Nepal Limited has decided to distribute a 20 percent bonus share to its shareholders. The decision was made during the company’s board meeting on November 6, which also approved a 1.0526 percent cash dividend for tax purposes. The proposal will require approval from the Electricity Regulatory Commission and endorsement at the company’s annual general meeting.

Shine Resunga Development Bank Declares Dividend

Shine Resunga Development Bank has announced a dividend for its shareholders. The decision was made at the board meeting held on November 7, which resolved to distribute dividends from the distributable profits of the bank. As of fiscal year 2024/25, the bank’s accumulated profit stands at Rs 668.5 million.

ICFC Finance Declares Cash Dividend

ICFC Finance has announced a dividend for its shareholders. During its board meeting on November 9, the company decided to distribute cash dividends from the profit earned in the fiscal year 2024/25. Accordingly, the company has proposed a 15.7895 percent cash dividend on its paid-up capital.

Final Station Construction of Bathnaha–Kathari Railway Advances

After being delayed for years due to a land compensation dispute, construction of the final station of the Bathnaha–Kathari railway has resumed. The railway line up to the Hulaki Highway had been completed, but construction of the remaining 1,100 meters northward had stalled due to compensation issues. After resolving the dispute, work has progressed. The Indian government-owned company IRCON International Limited has fenced 66 bighas of land—spanning 1,100 meters—by investing INR 7 million.

Farmers in Lumbini Forced to Sell Rice Below Support Price

Despite the government setting the minimum support price for rice on time this year, farmers in Lumbini Province have been forced to sell their paddy at cheaper rates to traders. Farmers in Banke, Dang, Bardiya, Kapilvastu, and West Nawalparasi say the Food Management and Trading Company started procurement late, and weak market regulation led them to losses. For fiscal year 2025/26, the government set the support price for coarse rice at Rs 3,463.81 per quintal and for medium rice at Rs 3,628.33 per quintal.

Agriculture Ministry Requests Additional Rs 10 Billion for Fertilizer

The Ministry of Agriculture and Livestock Development has requested an additional Rs 10 billion to purchase chemical fertilizer. Although the government had aimed to buy 600,000 metric tons of fertilizer under the FY 2025/26 budget, the allocated funds were insufficient. A total of Rs 28.82 billion had been allocated earlier, enough for only 471,000 metric tons. The ministry has now sought extra funds from the Finance Ministry to meet the target.

All Ten Local Levels in Salyan Engage in Commercial Potato Farming

Farmers in all ten local levels of Salyan district have taken up commercial potato farming. In fiscal year 2024/25, they produced 52,351 metric tons of potatoes worth Rs 1.7142 billion and exported 8,864 metric tons worth Rs 290 million. Farmers cultivated potatoes on 4,435 hectares of land — 2,705 hectares in the rainy season and 1,730 hectares in winter.

Biratnagar Customs Revenue Falls by 40 Percent

Although the daily revenue target from the Biratnagar Customs Office was Rs 130 million, the average daily collection had been around Rs 100–110 million during normal times. However, after the recent “Gen Z Movement,” daily revenue has dropped to Rs 60–70 million. Biratnagar Customs informed, “Revenue collection has fallen by around 40 percent due to reduced import–export activities through the Jogbani border.

Application for SY Panel Nepal IPO Closed

Today (Sunday) was the final day to apply for the IPO of SY Panel Nepal, which opened for issuance and sale from November 5. After allotting shares to locals from the industry-affected areas and Nepalis working abroad, the company opened its IPO to the general public. SY Panel Nepal was authorized to issue 40 percent of its paid-up capital — equivalent to 5,232,548 shares worth Rs 523.25 million out of its total capital of Rs 1.3089 billion.

Purwanchal Agritech Records Rs 1.5 Billion in Annual Trade

Purwanchal Agritech has recorded a trade turnover of Rs 1.5 billion in a single year. The company reported total transactions worth Rs 1.501 billion in 2025. In comparison, its trade amounted to Rs 1.236 billion in 2024 and Rs 1.203 billion in 2023. Established in 2016, the company has been producing and distributing various types of animal feed across the country. It manufactures poultry feed, cattle feed, and pig feed and has expanded its trade network nationwide.

Gold Price Increases Again Today

The price of gold has risen again today. After consecutive increases on Thursday and Friday, gold prices have gone up once more. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold rose by Rs 400 per tola today, reaching Rs 238,600 per tola. On Thursday and Friday, prices had each increased by Rs 600 per tola.