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Nepse unchanged after volatile week

Published On: September 24, 2021 07:19 PM NPT By: Republica

KATHMANDU, Sept 24: Stocks saw significant selling pressure to begin week’s trading on Monday. The benchmark tanked 113.14 points – Nepse’s biggest point-drop in history in Monday’s session. The equity market found footing on Tuesday, however, registering a modest gain of 13.82 points. A sharp recovery ensued on Wednesday as the benchmark recovered all of its early losses with another advance of 104.88 points. A subdued end to the week with 2.71 points rise on Thursday saw the index close week almost at the opening level. Nepse ended the review period at 2,819.66 – up 7.28 points against the prior weekly close.

Bajaj Pulsar Everest Premier League Connected by Ncell

Published On: September 24, 2021 06:39 PM NPT By: Republica

KATHMANDU, Sept 24: Bajaj Pulsar Everest Premier League (EPL) with Ncell 4G is set to begin from September 25 to October 9.

Dhaulagiri base camp draws huge number of tourists after a hiatus of several months

Published On: September 24, 2021 04:53 PM NPT By: Republica

BENI, September 24: Mobility of tourists and climbers at the Base Camp of Mt Dhaulagiri is gradually increasing after the government resumed issuing climbing permits that was halted over fears of COVID-19 since August.

Huawei's annual flagship event for global ICT kicks off today

Published On: September 24, 2021 03:55 PM NPT By: Republica

KATHMANDU, Sept 24: Huawei's annual flagship event for the global ICT industry – HUAWEI CONNECT 2021 – kicked off on Friday. Huawei's Rotating Chairman Eric Xu opened the event with a keynote speech titled "Innovating Nonstop for Faster Digitalization".

British college officially acquires Namaste Academy

Published On: September 24, 2021 03:47 PM NPT By: Republica

KATHMANDU, Sept 24: The British College has now officially taken over Namaste Academy, Rupandehi, making it a part of the British Education Group.

Grants for unemployed women

Published On: September 24, 2021 12:21 PM NPT By: Republica

KATHMANDU, Sept 24: Vyas Municipality has passed the criteria for providing grants to unemployed women who have graduated. The decision was taken at a meeting of the municipality chaired by Mayor Baikuntha Nath Neupane on Thursday.

Power generation from Lower Modi hydel project suspended for three weeks

Published On: September 24, 2021 12:15 PM NPT By: Republica

PARBAT, Sept 24: The Lower Modi-1 Hydropower Project in Parbat district that was damaged by floods on September 2 is yet to resume power generation.

Remittance declines by 18 pc in the first month of the current fiscal year

Published On: September 24, 2021 10:24 AM NPT By: Republica

KATHMANDU, Sept 24: The remittance flow, which had been rising steadily for a year and a half after the COVID-19 pandemic hit, declined in the first month of the current fiscal year.

Concessional loan made easy to set up electric vehicle charging stations

Published On: September 24, 2021 10:21 AM NPT By: Republica

KATHMANDU, Sept 24: The Nepal Rastra Bank (NRB) has unveiled a new provision ensuring concessional loan for the establishment of electronic vehicle charging stations.

Nepal recorded a BoP deficit of Rs 38.75 billion during mid-July and mid-August

Published On: September 24, 2021 06:30 AM NPT By: Republica

KATHMANDU, Sept 24: Nepal recorded a negative Balance of Payments (BoP) worth Rs 38.75 billion in the first month of the current fiscal year, exerting pressure on the foreign currency reserve held by the country.