KATHMANDU, July 15: Nepali industrialists hope that direct air link between western Nepali town Nepalgunj and Indian capital New Delhi would be a game changer for the economic development of Province 5.
KATHMANDU, July 15: The recent announcement of the Nepal Rastra Bank (NRB) in its monetary policy for the upcoming fiscal year to allow commercial banks to work as brokerage firms has prompted mixed reactions from stakeholders.
KATHMANDU, July 14: Nepal’s stock market failed to extend gains from the previous week as index ended all five trading days lower. Despite opening with strong gains on Sunday, the market pulled back sharply to close marginally lower. Similarly, the index experienced significant weakness in all following session of the week. As a result, Nepse closed at 1,191.98 points with a drop of 32.43 points compared to preceding week.
KATHMANDU, July 14: Nabil Bank Ltd has become the first bank to start the process to execute a provision laid out by the Monetary Policy for the upcoming Fiscal Year 2018/19 that requires banks and financial institutions (BFIs) to train assistant-level to officer-level staff on mandatory basis.
ILAM, July 14: A bulk of Nepal's vegetable exports via Kakarbhitta border point in eastern Nepal used to be tomatoes until the past fiscal year. However, with India stopping import of Nepali tomatoes, hundreds of farmers from Ilam district fear that their production this year will simply go waste with no one to purchase them.
KATHMANDU, July 14: Securities Board of Nepal (Sebon) has introduced a new regulation on the listing and trading of securities, requiring companies to list their securities immediately after the allotment.
KATHMANDU, July 14: Nearly six months after coming to power, the KP Oli-led government is preparing to start a 'special' market monitoring targeting essential goods and services from Tuesday, the first day of the upcoming new fiscal year.