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ECONOMY

Far Western Province to release Rs 250 million for disaster...

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KATHMANDU, Oct 20: An emergency meeting of the Far-Western Provincial Council of Ministers held on Tuesday decided to provide Rs. 250 million to the Disaster Management Fund.
Oct 20, 2021
ECONOMY

Stocks end lower as interest rates weigh on the equity marke...

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KATHMANDU, Oct 20: The local bourse remained under pressure since the beginning of Tuesday’s session. After dipping over 60 points in the morning a small recovery ensued. However, buyers quickly lost steam as sellers dominated the trading session thereafter. The benchmark index hit its intraday low...
Oct 20, 2021
ECONOMY

ADB to give priority for accessible energy to marginalized p...

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KATHMANDU, Oct 19: Asian Development Bank (ADB) has sought to promote cleaner cooking and heating solutions to the people from developing member countries (DMCs), who are living without access to modern energy systems.
Oct 19, 2021
ECONOMY

President of Federation of Nepal Gold Silver Gem Association...

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KATHMANDU, Oct 18: Ramesh Maharjan, President of Federation of Nepal Gold, Silver, Gem and Jewelry Associations (FNGSGJA), succumbed to COVID-19 on Monday.
Oct 18, 2021
ECONOMY, SOCIETY

Bagmati Province govt hikes fares of short-route public tran...

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KATHMANDU, Oct 18: Travelers of public buses in the Kathmandu Valley now have to pay higher fare as the Bagmati Province government raised the passenger fare effective from Monday.
Oct 18, 2021
ECONOMY

Hotels in Myagdi are full as the number of domestic tourists...

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KATHMANDU, Oct 18: Hotels and lodges are full of domestic tourists visiting Myagdi and Mustang lately.
Oct 18, 2021
ECONOMY

Oil prices climb to highest in years as COVID recovery, powe...

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SINGAPORE, Oct 18: Oil prices hit their highest in years on Monday as demand continues its recovery from the COVID-19 pandemic, boosted by more custom from power generators turning away from expensive gas and coal to fuel oil and diesel.
Oct 18, 2021
ECONOMY

NRB auctioning off treasury bills

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KATHMANDU, Oct 18: Nepal Rastra Bank (NRB) is auctioning off treasury bills worth Rs 11.20 billion. The central bank is selling the treasury bills through the tender process from today in a bid to mobilize short-term loans for the government.
Oct 18, 2021
ECONOMY

NOC estimates its monthly loss at Rs 4.44 billion due to soa...

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KATHMANDU, OCT 18: Nepal Oil Corporation (NOC)’s projected loss of the next 15 days hits Rs 2.22 billion at the new price rates that the corporation received recently from the Indian Oil Corporation (IOC), which is NOC’s sole supplier of petroleum products.
Oct 18, 2021
ECONOMY

Stocks open on a positive note after festive holidays

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KATHMANDU, Oct 17: The equity index rose sharply on Sunday morning, adding more than 25 points within the first half an hour of the session. However, stocks gave up earlier gains to trade more than 10 points lower at mid-day. A recovery in the latter hours, finally, pushed Nepse over 17 points highe...
Oct 17, 2021