NRB releasing monetary policy today

Published On: August 13, 2021 01:29 PM NPT By: Republica

KATHMANDU, August 13: Nepal Rastra Bank is going to make the monetary policy for the current fiscal year 2021/22 public today. A meeting of the Board of Directors of NRB held to discuss the monetary policy endorsed the policy for the current fiscal year.

KATHMANDU, August 13: Air Arabia, which has been flying from UAE to Kathmandu since Monday, has started carrying passengers from both destinations from Thursday. Due to the lack of rapid polymerase chain reaction (PCR) testing facility at Nepal's airport, Air Arabia had been carrying passengers coming to Nepal from the UAE since Monday.

KATHMANDU, August 13: Finance Minister Janardan Sharma has directed officials to submit an action plan to double the domestic revenue.

KATHMANDU, August 12: The Department of Food Technology and Quality Control (DFTQC) has filed a case against the state-owned Dairy Development Corporation (DDC) accusing the latter of selling substandard dairy products.

Nepse end last trading day of the week on a positive note

Published On: August 12, 2021 06:59 PM NPT By: Republica

KATHMANDU, August 12: Stocks opened flat and traded mildly higher in the beginning of Thursday’s session. The benchmark climbed more than 20 points at mid-day before pulling back slightly. Nonetheless, the index continued to trade in green throughout the latter trading hours. At the close, Nepse ended up 16.32 points at 3,178.91.

Advanced Engineering College organizes Virtual Job Mela

Published On: August 12, 2021 04:21 PM NPT By: Republica

KATHMANDU, August 12: Advanced College of Engineering and Management (ACEM) organized a ‘Virtual Job Mela’ in collaboration with Merojob.

Govt expedites process to provide subsidized loan to startups

Published On: August 12, 2021 06:30 AM NPT By: Republica

KATHMANDU, August 12: The government has expedited the process of providing subsidized loans to startups that have remained on hold since last year.

Energy stocks help market end in green

Published On: August 11, 2021 07:45 PM NPT By: Republica

KATHMANDU, August 11: The Nepal Stock Exchange (Nepse) index opened sharply higher, and traded close to 3,200 mark briefly. The index corrected thereafter, and reverted towards the opening level by mid-day. Stocks saw lackluster trading in the afternoon with indecision prevailing in the trading session on Wednesday. At the close, Nepse saw a modest gain of 0.76 points and settled at 3,162.41.

KATHMANDU, August 11: The government has signed an agreement with the Asian Development Bank (ADB) to receive a subsidized loan of Rs 19.58 billion to procure vaccines against COVID-19.

Pidilite launches Araldite in Nepal

Published On: August 11, 2021 02:36 PM NPT By: Republica

KATHMANDU, August 11: Pidilite Industries Ltd (Pidilite), a manufacturer of adhesives, sealants and construction chemicals, announced that it has launched the Araldite range of epoxy adhesives in the retail market of Nepal.