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Nepal–India Power Trade Agreement Renewed for Decade — Cross-Border Export Target Raised to 10,000 MW

Nepal and India formally extended the bilateral power trade framework for another ten years on Thursday, setting an ambitious target to export 10,000 MW of electricity to India by 2034 — double the current upper bound under the expiring agreement.

May 23, 2026·33.2k readsPolitics

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Economy

Economy · Markets

NEPSE Surges Past 2,250 as Foreign Portfolio Flows Accelerate Into Hydropower Sector

›Index gains 1.2% in Thursday session; 14-week high at 2,247.38
›NHPC and Upper Tamakoshi lead sectoral rally with 3–4% daily gains

May 23, 2026

52.4k

Economy

Economy · Commodities

Gold Hits Record NPR 1,08,450 Per Tola Amid Global Safe-Haven Demand Surge

›Fine gold reaches all-time high of NPR 1,08,450 per tola — third consecutive week of gains
›Silver follows at NPR 1,380 per tola, a three-year high driven by industrial demand

Remittance Reaches USD 10.4 Billion in FY 2081/82 — Highest in Nepal's Recorded History

›Malaysia and Gulf states remain top remittance corridors; Japan emerging as fastest-growing source
›Inflows now equal 26% of GDP, raising structural dependency concerns among economists

May 23, 2026

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