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Prime Life, Union Life and Gurans Life ink a merger agreement
Published On: May 12, 2022 06:30 PM NPT By: Republica
KATHMANDU, May 12: Three life insurance companies—Prime Life, Union Life and Gurans Life—signed an agreement for merger on Thursday. Provided the merging of these insurers is materialized, it will be the first merger in the life insurance business of the country.
Nepse drops 18 points to close at 2351 amid selling pressure
Published On: May 12, 2022 05:55 PM NPT By: Republica
KATHMANDU, May 12: Nepal Stock Exchange (Nepse) on Thursday fell 18.64 points after the investors rushed to book profit out of the increased shares prices in the past four days trading.
Fusemachines inaugurates new office in Kathmandu
Published On: May 12, 2022 04:42 PM NPT By: Republica
KATHMANDU, May12: Fusemachines, an enterprise AI talent solutions provider, inaugurated its new office in Baneshwor, Kathmandu on Thursday.
Buddha Air to operate night flights from May 15
Published On: May 12, 2022 03:40 PM NPT By: Republica
KATHMANDU, May 12: Buddha Air is going to operate night flights from Sunday (May 15).
Jazeera to operate regular flights from June 12 at GBIA
Published On: May 12, 2022 03:00 PM NPT By: Republica
KATHMANDU, May 12: Jazeera Airways is set to operate regular flights from June 12 at Gautam Buddha International Airport (GBIA) in Bhairahawa. The airways will also launch the inaugural flight on May 16, the day set by the government for the inauguration.
150 farmers trained on pashmina fiber combing in Mustang
Published On: May 12, 2022 12:27 PM NPT By: Republica
KATHMANDU, May 12: One hundred and fifty farmers from the Mustang district have received training on pashmina fiber combing and harvesting to add higher value to their products and thus comply better with global market requirements.
Nepal receives over 724 billion in remittance in first nine months of current FY
Published On: May 12, 2022 11:40 AM NPT By: Republica
KATHMANDU, May 12: Nepal has received remittance amounting to over Rs 724 billion in the nine months of the current fiscal year, 2021/22, a 0.6 percent decline as compared to the corresponding period last year, according to data published by the Nepal Rastra Bank on Wednesday. The figure had increased by 16.5 percent during the same period in the previous FY, 2020/21.
Nepal’s foreign exchange reserves improves by nominal amount but import capacity declines as of mid-April
Published On: May 12, 2022 07:17 AM NPT By: Republica
KATHMANDU, May 12: Despite massive efforts made by the government to check financial outflows, the country’s foreign currency reserves increased by nominal amounts in the past one month from mid-March to mid-April.
Consumer price inflation surged more than double to 7.28 percent during mid-March and mid-April
Published On: May 11, 2022 06:37 PM NPT By: Republica
KATHMANDU, May 11: The consumer price inflation during the one-month period from mid-March to mid-April increased more than double this year compared to the same period of the last fiscal year, owing to a surge in the prices of overall food and non-food items and services.
Nepse escalates 56.06 points on Wednesday
Published On: May 11, 2022 05:44 PM NPT By: Republica
KATHMANDU, May 11: Nepal Stock Exchange (Nepse) on Wednesday escalated by 56.06 points to close at 2,369.06 points.
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