Nepali tycoon Binod Chaudhary $ 100 million richer

The ranks of the world’s billionaires continue to swell new heights–and stretch to new corners of the world. According to Forbes magazine world wealth tycoon found 1,645 billionaires with an aggregate net worth of $6.4 trillion, up from $5.4 trillion a year ago. Forbes record 268 new ten-figure fortunes, including 42 new women billionaires, another record. In total, there are 172 women on the list, more than ever before and up from 138 last year.

Iron and steel products top Nepal’s export charts

March 1, 2014
Nepal earned Rs 6.26 billion amount in the first half of the current fiscal year from the largest export of Iron and steel products.
According to the Trade and Export Promotion Center (TEPC), exports of iron and steel products expanded 5.6 percent compared to the same fiscal year of last year. In the first half of 2012-13, Nepal exported iron and steel product worth Rs 5.94 billion and this year it is Rs 6.26 billion (Rs 6.26- Rs 5.94= 0.32 billion).
Raw materials are imported from foreign countries but the foreign demands are increasing due to cheaper and superior quality of Nepali Iron and steels than other countries. Apart from abroad markets, Nepali iron and steel products have a sizable following in the domestic market too.