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Last week of fiscal year ends on a positive note
Published On: July 16, 2021 10:27 PM NPT By: Republica
KATHMANDU, July 16: The equity market opened last trading week of the financial year 20/21 on an upbeat footing. Rallying more than 74 points on Sunday, the Nepal Stock Exchange (Nepse) index reached 2,900 mark. However, on the court’s decision to reinstate the parliament and order to the president to appoint Congress leader Sher Bahadur Deuba as the prime minister, stocks saw weakness amidst uncertain political outlook.
Lumbini Province govt introduces budget through ordinance
Published On: July 16, 2021 01:30 PM NPT By: Rekha Bhusal
BUTWAL, July 16: Lumbini Province has brought the budget through ordinance today. The cabinet meeting held this morning decided to bring the budget through the ordinance.
Nepal Telecom claims its server has not been hacked
Published On: July 16, 2021 12:02 PM NPT By: Republica
KATHMANDU, July 16: Nepal Telecom has stated that its server has not been hacked.
Nepal Army hands over Khulalu-Laifu-Salisalla road section of Karnali corridor
Published On: July 16, 2021 12:00 PM NPT By: Republica
KATHMANDU, July 15: The Nepal Army (NA) has handed over Khulalu-Laifu-Salisalla road section of Karnali corridor to the government agency concerned.
Lumbini Province preparing to bring budget through ordinance
Published On: July 16, 2021 10:49 AM NPT By: Rekha Bhusal
Parliamentary session ended at midnight after failing to get a majority to pass the budget
Karnali Province Government brings budget thru ordinance
Published On: July 16, 2021 09:12 AM NPT By: Republica
KARNALI, July 16: The Karnali Province Government has unveiled the new budget for the fiscal year 2078/079 through ordinance as the budget could not pass from the Province Assembly.
Nepal recorded negative BoP in past two years
Published On: July 16, 2021 06:30 AM NPT By: Republica
KATHMANDU, July 16: Nepal’s balance of payments (BoP) turned negative in the last two years on soaring imports and a fall in the net inflow of foreign direct investment (FDI).
Nepse ends last session of fiscal year on a positive note
Published On: July 15, 2021 07:30 PM NPT By: Republica
KATHMANDU, July 15: Stocks opened Thursday’s session in green as the Nepal Stock Exchange (Nepse) index added 10 points in the pre-open session. Stocks saw some selling pressure in the morning but the bourse managed to hover more than 5 points higher. Following a sharp move up towards 2,890 level, the index saw another pullback. Eventually, Nepse ended the day 11.33 points higher at 2,883.38.
Base rate of BFIs reaches five-year low
Published On: July 15, 2021 06:40 PM NPT By: Republica
KATHMANDU, July 15: The average base interest rate of the bank and financial institutions (BFIs) has gone down to the lowest in the past five years, with an excess liquidity existing in the sector as an impact of the coronavirus.
Health Ministry urges people not to use ‘Corona Guard’
Published On: July 15, 2021 02:43 PM NPT By: Republica
KATHMANDU, July 14: The Ministry of Health and Population (MoHP) has urged one and all not to use ‘corona guard’.
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