Nepse posts weekly loss in spite of mid-week recovery

Published On: August 3, 2019 08:14 AM NPT By: Republica

KATHMANDU, Aug 3: Weakness from previous week carried over to Sunday's trading as the Nepal Stock Exchange (Nepse) index tumbled more than 17 points in the session. Nonetheless, stocks clawed back some of the losses in the latter sessions.

Civil Bank to provide subsidized agro loan

Published On: August 3, 2019 08:13 AM NPT By: Republica

KATHMANDU, Aug 3: A trilateral agreement has been made between Melamchi Municipality, Civil Bank, and Idea Studio on commercializing agriculture sector in the Melamchi area.

RASUWA, Aug 3: Additional 30 megawatt of Upper Trishuli 3A has been connected to the national transmission line. According to Fanindra Joshi, chief of the project, total 60 megawatt of the project has been connected to the system including the 30 megawatt added Friday morning.

Imports Increasing through Vizag port

Published On: August 3, 2019 08:06 AM NPT By: Nikeeta Gautam

KATHMANDU, Aug 3: Though economists are positive about gradual shift of imports through Vishakapatnam from Kolkata, they recommend bringing Electronic Cargo Tracking System (ECTS) into the legal framework, stating that it will end the monopoly of shipping companies.

Hotels along Annapurna region to resume operations

Published On: August 3, 2019 08:03 AM NPT By: Republica

KATHMANDU, Aug 3: Hotels in the Annapurna region are set to resume operation from August 18, according to Trekking Agencies’ Association of Nepal (TAAN).

Flood inundates over 3,000 hectares in Saptari

Published On: August 3, 2019 07:54 AM NPT By: Jitendra Kumar Jha

RAJBIRAJ, Aug 3: Farmers are worried after the floods of July 13 and July 24, which inundated more than 3,000 hectares of arable land in the district.

KATHMANDU, Aug 3: The government has capped the lending rate for cooperatives at 16%.

KATHMANDU, Aug 2: The government has fixed the ceiling of interest rate charged by the cooperatives at 16 percent, informed Ministry for Land Management, Co-operatives and Poverty.

175,909 unemployed benefited from PM Employment Program

Published On: August 2, 2019 02:00 AM NPT By: Republica

KATHMANDU, Aug 2: The government has provided employment to nearly 175,909 people through 6,864 projects across the country run by various local units under the Prime Minister Employment Program in Fiscal Year 2018/19.

Nepse ends week in red

Published On: August 2, 2019 01:30 AM NPT By: Republica

KATHMANDU, August 2: The Nepal Stock Exchange (Nepse) index rallied more than 5 points in the first trading hour on Thursday.