Century Bank acquires Sagarmatha Finance

Published On: July 16, 2017 09:17 AM NPT By: Republica

KATHMANDU (REPU-BLICA): Century Commercial Bank Ltd has acquired Sagarmatha Finance. Issuing a press statement on Saturday, the bank said the integrated operation has started on Saturday.

Panchakanya Steel holds dealers’ meet in Pokhara

Published On: July 16, 2017 09:16 AM NPT By: Republica

KATHMANDU (REPU-BLICA): Panchakanya Steel Pvt Ltd held its fourth-quarter dealers' meeting in Pokhara. Issuing a press statement on Saturday, the company said that it has finished selling more that 70 percent of its products in the current fiscal year.

KATHMANDU (REPU-BLICA): Standard Chartered Bank Nepal Ltd (SCBNL) has won `Nepal's Best Bank' award in the  Awards for Excellence 2017.

Farmers using most pesticide on eggplant, capsicum

Published On: July 16, 2017 09:11 AM NPT By: Ramesh Kumar Paudel

CHITWAN, July 15: A study conducted by the Agriculture and Forestry University in Chitwan has found that pesticide is being used in eggplant the most. According to the study conducted in 20 different types of vegetables in the district, second and third largest use of pesticide was found to be in capsicum and long capsicum.

KMC approves Rs 10 billion buget for new fiscal year

Published On: July 16, 2017 07:19 AM NPT By: Republica

KATHMANDU, July 15: The Kathmandu Metropolitan City has approved a budget of Rs 10.78 billion for the fiscal year 2017/18.

Rs 46b spent on last 3 days of FY

Published On: July 16, 2017 02:30 AM NPT By: Rudra Pangeni

KATHMANDU, July 15: The government has paid out Rs 46 billion in just three days (Thursday to Saturday), according to spending records at the Financial Comptroller General's Office (FCGO) updated at 6:39 p.m. on Saturday.  The eleventh-hour bulk payments raised misgivings about the possibility of irregularity and misappropriation. Interestingly, the daily budgetary status was  held up for about an hour and was put up again only at 6:39 p.m.

SANDIKHARKA, July 15: Arghakhanchi district has emerged to become another self-reliant district for milk production, recording sales of milk worth Rs 70 million on average annually.

New range of AMCO batteries hits domestic market

Published On: July 15, 2017 12:33 PM NPT By: Republica

KATHMANDU, July 15: Baudha Enterprises Pvt Ltd -- an authorized sales and service distributor of AMCO batteries for Nepal -- has brought new range of batteries in the domestic market. Organizing a press meet in Kathmandu on Friday, the company announced that it has introduced world class batteries with innovative technologies and advanced features under the brands -- AMCO Maxlast, AMCO Super Start, AMCO Ultra Life, AMCO Nexgen, AMCO Endura.

KATHMANDU, July 14: The Nepal Stock Exchange (Nepse) benchmark index fell 1.48 points this week to close at 1,582.67 points on Thursday, the last trading day of the week.

Ginger export from eastern Nepal affected yet again

Published On: July 15, 2017 12:11 PM NPT By: Rohit Rai

DHARAN, July 14:Export of ginger to India from eastern parts of the country remained halted for nearly two weeks.