FNCCI election postponed yet again amid COVID-19 fear

Published On: July 25, 2020 07:30 AM NPT By: Republica

KATHMANDU, July 25: The Federation of Chambers of Commerce and Industry (FNCCI) has decided to defer its general assembly yet again, citing the containment measures enforced by the government to stop the spread of coronavirus.

Gold touches new high of Rs 95,800 per tola

Published On: July 24, 2020 03:33 PM NPT By: Republica

KATHMANDU, July 24: The bullion market has set a new high record of Rs 95,800 per tola (11.66 grams) on Friday.

Daily Commentary: Nepse snaps 3-day losing streak

Published On: July 24, 2020 07:30 AM NPT By: Republica

KATHMANDU, July 23 : Though some early selling pressure was visible, the stock market recouped its initial losses to trade in green by mid-day on Thursday. Thereafter, the Nepal Stock Exchange (Nepse) index traded in green in the latter trading hours. Following the afternoon advance, the benchmark ended the day with a gain of 10.13 points at 1,442.61 points.

KATHMANDU, July 23: Paddy transplantation has been completed on 91.68 percent of the country's rice fields as of Wednesday, thanks to the timely and adequate rainfall the country receives this time and the easy availability of manpower in the agriculture fields due to the lockdown and coronavirus.

KATHMANDU, July 23: Kumud Khanal’s manpower business came to a screeching halt five months ago, thanks to the corona pandemic. He has no money even for daily expenses, let alone for payment for staff and other business costs. Khanal says that he is in a dire situation, and this actually reflects the scenario of the entire manpower business.

Hotels shares rally on optimism as govt announces an end of lockdown

KATHMANDU, July 23: The gold price in the domestic market has recorded a historic high of Rs 94,000 per tola (11.66 grams) on Wednesday.

KATHMANDU, July 23: The government has allowed the Nepal Electricity Authority (NEA) to carry out the entire procedure to export electricity with India and Bangladesh.

KATHMANDU, July 22: Yogesh Bhattarai, Minister of Culture, Tourism and Civil Aviation, has directed his staff to submit the progress of their performance agreement within a week.

KATHMANDU, July 22: Nepal Airlines Corporation (NAC) has said that financial constraints have forced the company to not renew contracts of more than 100 contract-based employees.