Sunday, 19 May 2024 08:35 PM
OR
Login using
Cooperatives and insurance businesses are now under the ambit of anti-money laundering law
Published On: July 27, 2021 07:00 AM NPT By: Republica
KATHMANDU, July 27: Insurance businesses and cooperatives with larger transactions are now required to abide by the anti-money laundering (AML) system as the regulators of these sectors have asked these businesses to come within the framework from the fiscal year 2021/22.
Nepse ends lower after banking shares struggle
Published On: July 26, 2021 11:13 PM NPT By: Republica
KATHMANDU, July 26: After opening more than 16 points higher, a deep correction dragged the benchmark equity index towards negative territory within few minutes of trading. However, the index immediately recouped its earlier losses. The market continued to gyrate on either side of the spectrum for the first trading hour. Thereafter, the benchmark index remained on the lower side of the spectrum. At the end, the index settled with a minor loss of 8 points at 3050.43.
Recover dues of dedicated feeder and trunk lines: Energy Minister Bhusal
Published On: July 26, 2021 07:15 PM NPT By: Republica
KATHMANDU, July 26: Newly-appointed Minister for Energy, Water Resources and Irrigation Pampha Bhusal on Sunday directed the Nepal Electricity Authority (NEA) to recover the long pending dues of dedicated feeders and trunk lines from industrialists.
Lakeside hotels resume operations
Published On: July 26, 2021 04:26 PM NPT By: Republica
POKHARA, July 26: Large-scale hotels in Pokhara have started to resume the services that have been shut down since the outbreak of the second wave of COVID-19 in April. Hotel entrepreneurs say that they are forced to operate their hotels in order to keep them in business even if there are not enough guests.
Tripartite MoU signed to invest in Tamakoshi-V hydropower project
Published On: July 26, 2021 12:55 PM NPT By: Republica
KATHMANDU, July 26: A tripartite memorandum of understanding (MoU) has been signed for loan investment in the 99.8 MW Tamakoshi-V Hydropower Project to be constructed in Dolakha.
EV Nepal Motors announces its showroom opening
Published On: July 26, 2021 12:18 PM NPT By: Republica
KATHMANDU, July 26: EV Nepal Motors launched its showroom at Naxal on Sunday.
Transport entrepreneurs demand refinancing and rescheduling of loans
Published On: July 26, 2021 09:41 AM NPT By: Republica
KATHMANDU, July 26: Transport entrepreneurs have demanded refinancing of the public transport sector in the current fiscal year's monetary policy. It is considered one of the most affected sectors by COVID-19.
Nepse ends higher; banking and hydropower stocks gain
Published On: July 25, 2021 08:11 PM NPT By: Republica
KATHMANDU, July 25: The Nepal Stock Exchange (Nepse) index opened Sunday’s trading on a positive note and traded more than 30 points higher in the morning. Despite a minor pullback in the first hour, stocks continued to see strength in the latter trading hours. A steady rise seen in stocks saw the benchmark post a gain of more than 54 points to close Sunday at 3,058.64.
Sebon seeks to increase paid up capital to issue new brokerage licenses
Published On: July 25, 2021 07:20 PM NPT By: Republica
KATHMANDU, July 25: The Securities Board of Nepal (Sebon) has recommended to the Ministry of Finance to fix a paid-up capital requirement of up to Rs 1 billion for new brokerage firms to get a license.
Finance Minister Sharma looks to announce new budget for FY 2021/22
Published On: July 25, 2021 05:40 PM NPT By: Republica
KATHMANDU, July 25: The government is looking forward to announcing a new budget after it received a vote of confidence from parliament last week.
Trending
Just In
- Water sources in CNP drying up due to drought, putting wild animals at risk
- Nepal to host int’l dialogue on climate change issues of mountainous countries
- Iran presidential helicopter in 'accident', unknown if Raisi on board: state media
- JSP-N Chairman Yadav moves to SC to bar seven defected lawmakers from parliamentary activity
- NEPSE surges 45.69 points, daily turnover increases to Rs 5.25 billion
- Police constable murder case: Connection to drugs and eve teasing revealed!
- NSU stages demonstration against cooperative fraud and political corruption in Giri Bandhu Tea Estate (In Pictures)
- Moon Pradhan elected as President of Toastmasters International's Nepal and North India District