KATHMANDU, August 10: The Nepal Stock Exchange (Nepse) index traded marginally higher in Tuesday morning and hovered around 3,125 mark for most of the beginning trading hour. However, stocks saw steady advance after mid-day with the Nepse rallying as much as 55 points. At the close, Nepse stood at 3,161.56 – a jump of more than 51.97 points compared to the session earlier.

Govt to announce new budget through ‘substitution bill’

Published On: August 10, 2021 05:15 PM NPT By: Republica

KATHMANDU, August 10: The government is revising the budget introduced by the previous government through an ordinance as per the road map of the new government.

No manipulation of data in govt’s whitepaper: Finmin Sharma

Published On: August 10, 2021 04:20 PM NPT By: Republica

KATHMANDU, August 10: Finance Minister Janardan Sharma has claimed that the whitepaper issued by the government on Tuesday is not biased and that it reflects the country’s economic realities at present.

KATHMANDU, August 10: The government is releasing a whitepaper incorporating the economic details of the country today.

Nepse unchanged as market holds ground above 3,100

Published On: August 9, 2021 09:31 PM NPT By: Republica

KATHMANDU, August 9: The equity index opened Monday’s session in green and tested 3,120 mark early in the morning, from where the market reverted back towards the opening level. After a dip of around 8 points at mid-day, the Nepal Stock Exchange (Nepse) index held ground to trade flat for the remaining trading hours. Nepse ended the day up by modest 1.47 points at 3,109.60.

KATHMANDU, August 9: The price of gold on Monday dropped by Rs 1,000 per tola (11.66 grams) bringing the price below Rs 90,000 per tola in the past three months.

Nepse ends flat giving up morning gains

Published On: August 9, 2021 05:06 AM NPT By: Republica

KATHMANDU, August 9: The benchmark traded in green for most of Sunday’s trading session. Nepse reached as high as 3,120 mark at mid-session, before a steady decline pulled the market in the negative territory briefly towards the closing minutes. A late recovery pushed the index marginally in green with the benchmark ending a modest 0.66-point higher at 3,108.13.

KMC asks 52 taxpayers to clear tax dues

Published On: August 8, 2021 07:15 PM NPT By: Republica

KATHMANDU, August 8: Kathmandu Metropolitan City (KMC) has asked 52 taxpayers, which include a number of government bodies and top corporate houses, to settle the dues of their property taxes.

Outbound migrant workers fell 55 percent in last fiscal year

Published On: August 8, 2021 06:30 PM NPT By: Republica

KATHMANDU, August 8: The number of Nepali workers going abroad in search of foreign employment declined sharply by 55 percent in the last fiscal year due to the risk of the COVID-19 pandemic.

Changan Automobiles enters Nepali market

Published On: August 8, 2021 02:05 PM NPT By: Republica

KATHMANDU, August 8: Changan Automobiles has entered the Nepali market with MAW Vriddhi Autocorp as its partner.