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ECONOMY

CDSCL warns investors against using ‘Mero Share’ app

CDSCL warns investors against using ‘Mero Share’ app
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 d...
Jul 04, 2018
ECONOMY

Plantation completed in 50% of paddy fields in 14 districts

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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, Py...
Jul 04, 2018
ECONOMY

Stocks end flat in choppy session

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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...
Jul 04, 2018
ECONOMY

Traders found illegally subletting stalls at Kalimati vegeta...

Traders found illegally subletting stalls at Kalimati vegetable market to face govt wrath
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.
Jul 04, 2018
ECONOMY

NEPSE index slightly up today

NEPSE index slightly up today
KATHMANDU, July 3: The domestic share market, which was on the continuous bearish run for the past few days, has slightly increased today.
Jul 03, 2018
ECONOMY

Entrepreneurs want more tourism budget for Pokhara

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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.
Jul 03, 2018
ECONOMY

Hundreds stuck in Simikot as bad weather affects flights

Hundreds stuck in Simikot as bad weather affects flights
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 H...
Jul 03, 2018
ECONOMY

Nepse edges lower as stocks fail to hold gains

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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 lowe...
Jul 03, 2018
ECONOMY

FPOs fail to attract investors

FPOs fail to attract investors
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.
Jul 03, 2018
ECONOMY

Minister Pun urges Japan to invest in Nepal's energy sector

Minister Pun urges Japan to invest in Nepal's energy sector
KATHMANDU, July 2: The government has urged the Japanese government to provide support in Nepal's energy sector.
Jul 02, 2018