NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.

KATHMANDU, Dec 14: Nepal Stock Exchange (Nepse) on Wednesday declined slightly by 2.62 points to close at 1,897.08 points.

Liquidity crisis to worsen in January: NRB Governor Adhikari

Published On: December 14, 2022 03:40 PM NPT By: Republica

KATHMANDU, Dec 14: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that the lack of liquidity in the market will increase in the month of January.

POKHARA, Dec 14: After the Pokhara Regional International Airport (PRIA) comes into operation from January 1, it is not yet certain what will happen to the paragliding flights in the skies here. However, the Civil Aviation Authority of Nepal (CAAN) is going to reduce the time so that paragliding continues in the skies of Pokhara even for only three hours a day.

Nepal partners up with Saudi Arabia for economic prosperity

Published On: December 14, 2022 02:00 PM NPT By: Sabita Khadka

KATHMANDU, Dec 14: Under Saudi Arabia Vision 2030, the campaign to advance Nepal toward economic prosperity through partnership and cooperation has started.

Cases of surrendering insurance policies on the rise

Published On: December 14, 2022 08:00 AM NPT By: RAJESH KHANAL

KATHMANDU, Dec 14: More than 6,000 insured individuals surrendered their life insurance policies amounting Rs 1.11 billion during mid-October and mid-November.

Nepse slips 2.57 points; daily turnover falls to Rs 777.08 million

Published On: December 13, 2022 06:29 PM NPT By: Republica

KATHMANDU, Dec 13: Nepal Stock Exchange (Nepse) on Tuesday fell slightly by 2.57 points to close at 1,899.70 points.

KATHMANDU, Dec 13: The Government of Japan has provided a grant of Rs 14 million under the Grant Assistance for Grassroots Human Security Projects (GGP) for the construction of a health post in Chaurideurali Rural Municipality in Kavrepalanchok district.

Asian Hydropower's IPO opens for public

Published On: December 13, 2022 01:30 PM NPT By: Republica

KATHMANDU, Dec 13: Asian Hydropower Company Limited has opened the sale of ordinary shares for locals and Nepalis living abroad. The company has opened the issue and sale of 424,000 units of primary shares at a fixed rate of Rs 100 per share from today. The company has allocated a total of 340,000 ordinary shares equal to Rs 34 million, which will be 10 percent of the issued capital of Rs 340 million, for the local residents affected by the project. Similarly, the company said that 84,000 shares, which will be 10 percent of the shares to be issued to the general public, will be issued to Nepalis who are employed abroad.

Gold price decreases by Rs 200 per tola

Published On: December 13, 2022 12:30 PM NPT By: Republica

KATHMANDU, Dec 13: The price of gold has decreased by Rs 200 per tola in the domestic market on Tuesday.

KATHMANDU, Dec 13: Commercial banks of Nepal are considering reviewing the existing interest rates on deposits from Friday, the beginning of the new Nepali month, after the banks have been cushioned with an improved liquidity.