Nepse inches higher after closing-minute recovery

Published On: August 16, 2021 08:06 PM NPT By: Republica

KATHMANDU, August 16: The benchmark Nepal Stock Exchange (Nepse) index climbed higher in the morning but dipped sharply thereafter, pushing the index in negative territory. Although the index recouped its morning losses, the market remained fairly stable to close the day slightly in green. On Monday, the benchmark traded around 5.75 points higher to settle at 3,160.09.

KATHMANDU, August 16: Finance Minister Janardan Sharma has expressed strong dissatisfaction over leaked out information related to the monetary policy 2021/22 before its official announcement on Friday.

KATHMANDU, August 16: Finance Minister Janardan Sharma has urged the savings and credit cooperatives to inject 60 percent of the investment in the productive sector.

KATHMANDU, August 16: Airlines that have been flying empty to UAE to bring passengers to Nepal since last Monday will now be able to carry passengers from Nepal as well. Although the UAE allowed the entrance for passengers from Nepal no one was able to leave on national aircraft as the COVID Rapid PCR test facility was not available at the Tribhuvan International Airport (TIA).

Flight to Afghanistan just a rumor: NAC

Published On: August 16, 2021 10:19 AM NPT By: Republica

KATHMANDU, August 16: The Nepal Airlines Corporation has stated that the news of sending a flight for the rescue of Nepalis in Afghanistan is baseless.

NT’s net profit fell 23.5 percent in FY 2020/21

Published On: August 16, 2021 06:30 AM NPT By: Republica

KATHMANDU, August 16: Nepal Telecom (NT) made an annual net profit of Rs 7.45 billion in the last fiscal year, a straight fall of 23.5 percent compared to that of the previous year.

KATHMANDU, August 15: Paddy plantation is completed on 97.89 percent of the paddy acreage of 1.37 million hectares this rainy season, which is close to the last year’s plantation area.

Women entrepreneurs hold meeting with Prime Minister Deuba

Published On: August 15, 2021 10:42 AM NPT By: Republica

KATHMANDU, August 15: Prime Minister Sher Bahadur Deuba has said that the government will take necessary initiatives to create an investment-friendly environment by reviving the economy slowed down by the COVID-19 pandemic.

KATHMANDU, August 15: Nepal Rastra Bank (NRB) on Friday unveiled the monetary policy 2021/22 amid ongoing criticism for delaying to issue one of the country’s important macroeconomic policies.

KATHMANDU, August 14: The country’s private sector has welcomed the monetary policy 2021/22, stating that the macroeconomic policy could provide respite to the COVID-19 affected industries including small and medium enterprises (SMEs) and tourism businesses, along with speeding up the economic recovery.