NEPSE surges 79 points on first trading day of new fiscal year

KATHMANDU: The Nepal Stock Exchange (NEPSE) index posted a strong gain on the first trading day of the new fiscal year, rising by 79.74 points to close at 2,677.54. According to the Nepal Stock Exchange, the Sensitive Index, which tracks the performance of blue-chip companies, increased by 11.51 points to 468.38. Likewise, the Float Index[ ... ]

Govt to facilitate exports of Nepali-made footwear: PM Shah

Gold price drops by Rs 3,100 per tola, silver also declines

Economic Digest: Snapshot of Nepal’s Business News

NRB publishes foreign currency exchange rates for today

Finances (Bank and others)

NRB calls for deposit collection of Rs 45 billion through bidding process

KATHMANDU: The Nepal Rastra Bank (NRB) Department of Monetary Management has made a call for bidding and issuance of a deposit collection instrument worth Rs 4.5 billion. The Department in a public notice stated that the central bank licensed banks and financial institutions can join the bidding online, which started from 3:00 pm earlier today.[ ... ]

11,600 cooperatives in process of registering for savings and loan operations

KATHMANDU: Around 11,600 cooperatives are in the process

Officials of Rastriya Banijya Bank, ADBL resign

KATHMANDU: Some officials of Rastriya Banijya Bank and

Nabil Bank denies claims of customer data leak

KATHMANDU: Nabil Bank has rejected allegations that it

Standard Chartered Bank Nepal Limited convenes 39th AGM

KATHMANDU: Standard Chartered Bank Nepal Limited convened its

Nepal Rastra Bank to invest Rs 1.2 billion in fixed deposits

Banks revise fixed deposit rates

Commercial banks’ dividend payout capacity up to 38 percent

Corporate

NAC owes over Rs 55 billion to EPF and CIT

KATHMANDU: Nepal Airlines Corporation (NAC) owes more than Rs 55.47 billion in loans to the Employees Provident Fund (EPF) and

127 industries being operated in Hetauda industrial corridor

MAKAWANPUR: As many as 127 industries of different nature, including multinational companies are being operated in the Hetauda industrial corridor

Energy and Industry Ministers requested to re-connect power supplies

KATHMANDU: Industrialists and businessmen have expressed their grief over the cutting of power supplies in industries by the Nepal Electricity

IME Group chips in Rs 50 million to Prime Minister’s Disaster Relief Fund

KATHMANDU: The Global IME Bank, IME Group and the associated companies have chipped in Rs 50 million to the Prime

Customer

Government assures regular supply of sugar and essential goods

KATHMANDU: The government has said it is fully committed to ensuring the regular supply and price stability of essential goods, including sugar, which directly affect

Internet user density reaches 144.23 percent

KATHMANDU: The density of internet users in Nepal has reached 144.23 percent, according to the Economic Survey presented by Finance Minister Bishnu Prasad Paudel. As

Floods and landslides close Tatopani Border, impacting Dashain imports

KATHMANDU: With Dashain approaching, the Tatopani border, a key route for importing goods from China, has been closed following severe road damage caused by floods

PM appeals airlines to sell air tickets at concessional rates

KATHMANDU: Prime Minister KP Sharma Oli has requested the airline companies to sell air tickets at a discounted price or at the same rate as

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