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NEPSE Week: trade of above 7 billion
Published On: June 25, 2016 04:41 PM NPT By: Republica
KATHMANDU, June 25: Nepal Stock Exchange (NEPSE) index increased by 44 points to reach 666.99 this week. More than 11 million units of shares worth Rs. 7.82 billion of 147 listed companies were traded, according to NEPSE.
Rupee weakens, gold glitters on Brexit
Published On: June 25, 2016 04:10 AM NPT By: Republica
KATHMANDU, June 25:Nepali rupee lost 20 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback. Gold price, on the other hand, went up by Rs 1,745 per 10 grams over the week.
Lending outpaces deposit mobilization
Published On: June 25, 2016 01:58 AM NPT By: Republica
KATHMANDU, June 25:After a long slowdown, loan mobilization by banks is finally moving upward in recent months.
Brexit may impact Nepal's trade, tourism, aid medium-term: Experts
Published On: June 25, 2016 12:54 AM NPT By: Rudra Pangeni
KATHMANDU, June 25:The effects of the United Kingdom's referendum vote to leave the European Union are yet to be felt in Nepal, apart from a jump in the price of gold in the local market. The yellow metal rose Rs 3,000 per tola on Friday soon after the Brexit poll results came out.
IME Automotives celebrates 8th anniversary
Published On: June 25, 2016 12:12 AM NPT By: Republica
KATHMANDU,June25: IME Automotives, the automobile trading subsidiary under IME Group and authorized distributor of Escorts brand of construction equipment for Nepal, has celebrated its 8th anniversary on Friday.
Mahindra's new service center in Sitapaila
Published On: June 25, 2016 12:12 AM NPT By: Republica
KATHMANDU,JUNE25: Agni Group, the authorized distributor of Mahindra vehicles for Nepal, has opened its new service center -- Pranam Automobiles -- in Sitapaila.
UM two-wheelers offers test rides in Kathmandu valley
Published On: June 25, 2016 12:05 AM NPT By: Republica
KATHMANDU, June25: IME Automotives, the authorized distributor of UM two-wheelers for Nepal, is offering bike lovers a chance to test ride UM bikes.
Gold becomes dearer by Rs 3,000 per tola
Published On: June 24, 2016 05:40 PM NPT By: Republica
Kathmandu, June 24: The price of gold increased by Rs 3,000 per tola in the Nepali market Friday and was traded at Rs 59,000.
14 British Virgin Islands industries to invest Rs 8 billion in Nepal
Published On: June 24, 2016 05:04 PM NPT By: Republica
KATHMANDU, June 24: Fourteen industries within the British Virgin Islands have received approval from the Nepal government to invest in various sectors in Nepa
Carlsberg winners travel to France to watch UEFA EURO 2016
Published On: June 24, 2016 12:23 PM NPT By: Republica
KATHMANDU, June 24: Under the promotional campaign of Carlsberg ‘Live it LIVE’, eight more winners travelled to France to watch Iceland vs Austria match live on June 22.
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