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Nepse ends 16 points lower

Published On: August 14, 2020 07:45 AM NPT By: Republica

KATHMANDU, Aug 14: After witnessing a steep drop in the morning, the Nepal Stock Exchange (Nepse) index traded over 10 points lower at mid-day. The local bourse tried to recoup earlier losses in the afternoon, but lost its footing further towards late afternoon. At the close, Nepse closed at 1,408.79 points – down by 16.53 points against the session earlier.

Once a bustling business hub, Kathmandu’s New Road and Asan areas have a few takers today (with photos)

Published On: August 13, 2020 08:05 PM NPT By: Monika Malla

KATHMANDU, Aug 13: As COVID 19 crisis is grappling the world economy, signs of recession are also seen here in Nepal. Major shopping hubs in Kathmandu- New Road and old market of Ason have witnessed crisis owing to adverse impact on business.

Gold price up by Rs 2,400 per tola in local market

Published On: August 13, 2020 03:39 PM NPT By: RSS

KATHMANDU, Aug 13: With a sharp fall of Rs 6,200 on Wednesday, the price of fine gold per tola (11.66 grammes) increased by Rs 2,400 in the local market on Thursday.

Nearly a quarter of Nepal's workers lost jobs due to coronavirus - central bank

Published On: August 13, 2020 03:39 PM NPT By: Gopal Sharma/Reuters

KATHMANDU, Aug 13: Nepali businesses have laid off 22.5% of their workers as measures to contain the novel coronavirus hit tourism and other activities, a senior central bank official said on Thursday, citing a study of the economic impact of the outbreak.

Daily Commentary: Nepse closes on a meager increment

Published On: August 13, 2020 09:31 AM NPT By: Republica

KATHMANDU, Aug 13: Stocks began Wednesday’s trading on a negative note as the Nepal Stock Exchange (Nepse) index dropped 10 points in the initial trading hours. Later on, the market tried to recoup its losses but it failed to sustain its quick recovery.

Airlines operators warn of protest if govt further postpones resumption of domestic air services

Published On: August 12, 2020 06:20 PM NPT By: Republica

KATHMANDU, Aug 12: Airlines operators have warned of staging protests if the government decided to continue postponing the resumption of aviation services in Nepal.

Gold price decreases by Rs 6,000 per tola in a single day

Published On: August 12, 2020 01:06 PM NPT By: Republica

KATHMANDU, Aug 12: As gold is traded at Rs 95,400 per tola (11.66 grams) on Wednesday, the price of gold has gone down by Rs 6,000 per tola in a single day.

Govt decision to fix maximum retail price of bottled water lands into controversy

Published On: August 12, 2020 07:17 AM NPT By: Republica

KATHMANDU, Aug 12: The Department of Commerce, Supplies and Consumer Protection (DoCSCP) on Monday fixed the maximum retail price of the bottled water, which has dragged the regulator into a controversy.

Stocks retrace after optimistic rally

Published On: August 11, 2020 10:08 PM NPT By: Republica

Nepse benchmark index falls 7 points

Cooperatives pressed under too many laws, but with little scope for effective implementation

Published On: August 11, 2020 08:55 AM NPT By: RAJESH KHANAL

KATHMANDU, Aug 11: The government has come up with yet another directive for the monitoring and regulation of savings and credit cooperatives at a time when the oversight agencies have been struggling to enforce the provisions made in similar other laws for the sector.

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