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 Gains Narrow to 22 Points After Early Rally

The stock market, which surged in early trading, ended up shrinking by the close. Within just three minutes of opening, the NEPSE index rose by 102 points, or 4 percent, compared to the previous day, reaching 2,675 points at that time. Afterward, a circuit breaker was triggered, halting trading for 20 minutes. When the market reopened, it gradually started to decline.  By the time the market closed, the NEPSE had increased by only 22.59 points, settling at 2,582 points. A total of Rs 5.27 billion worth of transactions took place throughout the day.

Government Unveils Third Public Financial Management Reform Strategy

The government has unveiled the “Third National Strategy for Public Financial Management Reform (2025-2030)” with the goal of achieving significant improvement in public financial management within the next five years. This strategy has been drafted and published for a five-year period with the aim of making the government’s income, expenditure, and overall financial system more transparent, accountable, and effective, as well as strengthening financial management in line with public expectations.

Government Preparing to Make All Tax Spending Details Fully Viewable Online

The government is preparing to make it possible to view all details of where and how taxpayers’ money is being spent through a fully online system. According to the five-year “Third National Public Financial Management Reform Strategy” brought by the Ministry of Finance, all stages—from budget formulation to expenditure, loans, and reporting—will now be integrated into a single digital system.

NRB Removes Limit on Share-Backed Loans

The Nepal Rastra Bank has lifted the cap on share mortgage (margin-type) loans. Currently, the maximum single-client credit limit for margin-type loans against shares from one or multiple banks and financial institutions is Rs 2.5 billion. The directive was issued by the central bank implementing the recommendations of the Capital Market Reform Task Force formed earlier by former Finance Minister Rameshore Khanal.

Monsoon Causes Further Damage to Roads Across the Country

Before the reconstruction of roads destroyed by floods last year could be completed, this year’s monsoon has caused additional damage to road infrastructure nationwide. Continuous rainfall in the first week of this month and subsequent floods and landslides have caused extensive damage to major highways including BP and Mechi Highways. Among them, the most damage has occurred on the Mechi Highway, considered the lifeline of the far eastern region.

Rastriya Banijya Bank Warns Customers Against Fraudulent Calls and Messages

Rastriya Banijya Bank (RBB) has issued a warning after receiving reports that some unauthorized individuals have been contacting customers in the bank’s name to engage in fraudulent activities. The bank stated that these unauthorized persons have been attempting to collect personal information, offering fake schemes, and luring customers with promises of financial gain. The statement, issued by the bank’s Deputy Executive Officer Pawan Regmi, urged customers not to trust such unauthorized calls, emails, or social media messages.

Shortage of Gold in the Market Amid Soaring Prices

As gold prices continue to skyrocket daily, a shortage has begun to appear in the market. The scarcity emerged as demand rose on expectations of further price increases. There is currently a shortage of both gold and silver in the market. Demand has surged while import quotas have been restricted, creating the shortage. Currently, traders can bring in only 20 kilograms of gold per day, but market demand is much higher.

Insurance Claims from September 8-9 Protests Reach Rs 23.22 Billion

As of October 9, insurance claims amounting to Rs 23.22 billion have been filed for damages caused during the protests of September 8 and 9. A total of 3,099 insurance claims have been lodged with 14 non-life insurance companies and four micro non-life insurance companies. Of the total claim amount, Rs 1.29 billion has been paid out so far, including advance payments.

NRB Revokes Licenses of Two Money Changers

Nepal Rastra Bank has revoked the licenses of two money exchange companies. The Foreign Exchange Management Department of the central bank issued a notice today stating that the licenses of Union Currency Exchange located in Mitranagar, Kathmandu, and KTM Om Money Exchange located in Thamel have been canceled. According to the notice, the licenses were revoked as they failed to renew within the prescribed time.

Home Minister Directs Immediate Resumption of Upper Bhotekoshi Hydropower Project

Home Minister Om Prakash Aryal has directed the immediate operation of the Upper Bhotekoshi Hydropower Project, which was shut down after demands for free shares in the name of Gen Z youths. On Wednesday, a delegation led by Ganesh Karki, president of the Independent Power Producers’ Association, Nepal (IPPAN), along with representatives of the affected hydropower projects, briefed the Home Minister on the incident.

National Pride Nalgad Hydropower Project Left Abandoned

The national pride project, Nalgad Hydropower Project, has been left in limbo. Although the detailed project report (DPR) was approved two years ago for the project that began seven years earlier, government inaction has left it stranded.
According to the DPR, the underground powerhouse is to be built in Dalli of Nalgad Municipality and the dam in Andherikhola of Barekot Rural Municipality in Jajarkot.
As the project, categorized under national pride, is not on the government’s priority list.

National Pride Road Projects Achieve 58 Percent Physical Progress

The average physical progress of national pride road projects has reached 58 percent. By the end of fiscal year 2024/25, the average physical progress of five national pride road projects stood at 57.97 percent, according to the Department of Roads.
Their average financial progress reached 54.6 percent. The national pride road projects include the Mid-Hill Highway, Postal Highway, Kaligandaki Corridor (Beni–Korola), Kaligandaki Corridor (Gaindakot–Maldhunga section), Karnali Corridor (Hilsa–Simikot), Karnali Corridor (Khulalu–Sallisalla), and Koshi Corridor.

Government Estimates Rs 12.38 Billion Needed to Rebuild Flood-Damaged Roads

The government has stated that Rs 12.38 billion will be required to reconstruct road structures damaged by recent floods and landslides and that reopening obstructed roads has been given first priority. According to the Ministry of Physical Infrastructure and Transport, Rs 10.68 billion is estimated to be needed for rebuilding major highways, alternative roads, Bailey bridges, and permanent bridges damaged by monsoon-related disasters.
All subordinate agencies have been working with first priority on reopening roads blocked by flood and landslide damage.

Employees of SEBON Continue 17-Day Protest

Employees of the Securities Board of Nepal (SEBON) have been on strike for 17 days. The protest began after the Ministry of Finance cut their regular facilities and allowances. The employees have been staging sit-ins for the first hour of office time and observing a full-day pen-down strike daily.

Bagmati Province Adopts Exemplary Good Governance and Fiscal Discipline

The Bagmati Province government has been advancing with exemplary practices of good governance, fiscal prudence, and transparency in recent months. The government has moved within two months of formation to institutionalize good governance through expenditure control, administrative reform, and development-oriented budget implementation. The current government has begun reviewing the Rs 67.47 billion budget for necessary improvements.

4,094 New Entrepreneurs Added in Lumbini Province in FY 2024/25

In fiscal year 2024/25, 4,094 new entrepreneurs were added in Lumbini Province. Among them, 1,490 were women and 2,600 were men across 12 districts of the province. With the addition of new industries, 14,040 people have gained employment.
According to the annual data of the Ministry of Industry, Tourism, and Transport, 4,903 women and 9,137 men have obtained jobs through industrial enterprises.

CG Group Announces Jobs for Families of Gen Z Movement Martyrs

The business conglomerate Chaudhary Group (CG) has announced employment for families of those who were martyred in the Gen Z movement. Managing Director Nirvana Chaudhary announced via social media on Wednesday that one member from each martyr’s family will be given a job. CG Group has committed to providing employment to one member of each family of all Gen Z movement martyrs.

Multi Care Surgical Pvt. Ltd. Records Rs 260 Million Annual Trade

Multi Care Surgical Pvt. Ltd. recorded a trade volume of Rs 260 million in a single fiscal year. The company’s total trade for the last fiscal year amounted to Rs 263 million. It had recorded Rs 110 million in 2024 and Rs 23 million in 2023. Established in 2018, the company began commercial operations in 2022. It earned a net profit margin of 9.34 percent in 2025.

Gold Price Nears Rs 240,000 Per Tola in Nepali Market

On Thursday, the price of gold in the Nepali market neared Rs 240,000 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Associations, the price of hallmark gold, which stood at Rs 238,000 per tola on Wednesday, rose to Rs 239,200 per tola on Thursday. Similarly, the price of silver has reached Rs 3,035 per tola.