3.1 million motor vehicles on Nepali roads: DoTM

Published On: July 4, 2018 08:40 AM NPT By: Dilip Paudel

KATHMANDU, July 4: The total number of motor vehicles plying across the country reached nearly 3.1 million as of mid-May, according to a data of Department of Transport Management (DoTM).

CDSCL warns investors against using ‘Mero Share’ app

Published On: July 4, 2018 05:40 AM NPT By: Republica

KATHMANDU, July 4: CDS and Clearing Ltd (CDSCL) has cautioned investors against downloading or using a mobile application named ‘Mero Share’ developed by the little-known developer Little d Business.  Mero Share is a service provided by the CDSCL through which investors can see their transactions details in their demat account online.

KATHMANDU, July 4: Paddy plantation has been completed in 50 percent of paddy fields in 14 districts. According to the Ministry of Agriculture, Land Management and Cooperatives, paddy plantation has been completed in half of the paddy fields in Kaski, Dolpa, Humla, Jajarkot, Salyan, Rolpa, Rukum, Pyuthan, Bajhang, Doti, Solukhumbu, Bhojpur, Kathmandu and Kanchanpur.

Stocks end flat in choppy session

Published On: July 4, 2018 05:05 AM NPT By: Republica

KATHMANDU, July 4: Nepal Stock Exchange (Nepse) index swung between gains and losses during Tuesday's trading session to end the day flat. The index, which started the session lower, recovered all its losses to close near the unchanged line. At the close, the index stood at 1,180.36 points – a rise of 0.65 points compared to Monday.

KATHMANDU, July 4: Officials at the Kalimati Fruits and Vegetable Market Development Board are reviewing clarifications submitted by wholesalers and retailers who have rented out their stalls at the Kalimati Vegetables Market to other traders.

NEPSE index slightly up today

Published On: July 3, 2018 05:17 PM NPT By: Republica

KATHMANDU, July 3: The domestic share market, which was on the continuous bearish run for the past few days, has slightly increased today.

Entrepreneurs want more tourism budget for Pokhara

Published On: July 3, 2018 07:56 AM NPT By: Santosh Pokharel

POKHARA, July 3: Tourism entrepreneurs of Pokhara have urged Nepal Tourism Board (NTB) to increase budget for its Pokhara-based office for the next fiscal year so as to make its marketing and promotional activities effective.

Hundreds stuck in Simikot as bad weather affects flights

Published On: July 3, 2018 05:25 AM NPT By: Republica

KATHMANDU, July 3: Around 800 domestic and Indian tourists are stuck at Simikot Airport in Humla district as poor visibility due to heavy rainfall obstructed affected chopper flights. Most of the stranded passengers are heading to Kailash-Mansarovar region of Tibet -- a popular pilgrimage site for Hindus.

Nepse edges lower as stocks fail to hold gains

Published On: July 3, 2018 05:05 AM NPT By: Republica

KATHMANDU, July 3: The benchmark Nepal Stock Exchange (Nepse) index lost 10 points early on Monday's trading but staged a comeback mid-session with the index recouping all its losses during the day. However, stocks came under pressure in the final trading hour with the index closing 4.82 points lower at a three-month low of 1,179.71 points.

FPOs fail to attract investors

Published On: July 3, 2018 05:00 AM NPT By: Republica

KATHMANDU, July 3: With stocks on the downward path in recent months, attraction among follow-on public offering (FPO) among investors has also waned. Three recent FPOs have received lukewarm response from the public.