NEPSE drops 33 points despite turnover exceeding Rs 6.7 billion

KATHMANDU: The Nepal Stock Exchange (NEPSE) index declined by 33.28 points on Monday, erasing the previous session's gains of 7.90 points. Following the drop, the benchmark index closed at 2,701 points. The market opened on a positive note and climbed to an intraday high of 2,744 points at around 12:13 pm before reversing course and[ ... ]

Kakarbhitta–Laukahi highway upgrade reaches 38% completion

Gold and silver prices continue to rise in domestic market

Nagdhunga tunnel enters operation after years of waiting

Economic Digest: A Snapshot of Nepal’s Business News

Finances (Bank and others)

NMB Bank collaborates with DoIT for Nagarik App integration

KATHMANDU: NMB Bank has signed a Memorandum of Understanding (MoU) with the Department of Information Technology (DoIT), Government of Nepal, to enable Secure, Consent-Based Data Exchange through the government’s Nagarik App platform. This has paved way for a much simpler and quicker digital banking experience. Through this new partnership, NMB Bank customers will soon be[ ... ]

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

KATHMANDU: The Nepal Rastra Bank (NRB) Department of

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

Nepal Rastra Bank to invest Rs 1.2 billion in fixed deposits

Banks revise fixed deposit rates

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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