Nepse posts weekly loss of 73 points despite mid-week recovery

Published On: December 18, 2021 05:36 PM NPT By: Republica

KATHMANDU, Dec 18: The equity market continued to suffer with the Nepse index ending in red for a fourth consecutive week. Opening the week with an 88.70-point decline the bourse set a firmly negative tone for the review period. After faltering almost 80 points on Monday, a sharp recovery ensued. On Tuesday, the benchmark jumped 137.18 points. However, stocks corrected further on Wednesday and Thursday with the benchmark dipping 4.23 points and 37.88 points, respectively. The overall weekly decline was 73.23 points with Nepse ending at 2,376.74.

KATHMANDU, Dec 18: Arguing that poor maintenance of vehicles is a major cause behind the rising number of accidents, Minister for Physical Infrastructure and Transportation Renu Kumari Yadav has warned of action against vehicles owners and auto dealers.

GANDAKI, Dec 18: Deputy-Speaker of Gandaki Province Assembly, Srijana Sharma has said that women should assert their constitutionally guaranteed rights.

Bhim Rawal nominated as member of UML central advisors

Published On: December 18, 2021 12:51 PM NPT By: Republica

KATHMANDU, Dec 18: CPN-UML leader Dr Bhim Rawal has been given the responsibility as a member of the party’s central advisor.

Govt is working for IT development: Minister Karki

Published On: December 18, 2021 11:58 AM NPT By: Republica

KATHMANDU, Dec 18: Minister for Communications and Information Technology Gyanendra Bahadur Karki has said that the government is working for the development of the information technology sector.

KATHMANDU, Dec 18: Former Prime Minister and Chairperson of the CPN (Unified Socialist) Madhav Kumar Nepal has said that the decision on MCC will be taken only after discussions with the ruling coalition parties.

Singh wins Central Constituency of Congress

Published On: December 18, 2021 11:02 AM NPT By: Republica

KATHMANDU, Dec 18: Arjun Jung Bahadur Singh has been elected as a central member of the Nepali Congress (NC) from the Backward Region cluster. The election was held on Monday under the 14th General Convention of the ruling party.

KATHMANDU, Dec 18: The counting of votes of the central members (35 members from the open category) will start from 10 AM today at the party's central office in Sanepa. The voting was held on Monday under the 14th general convention of the Nepali Congress (NC).

Chitralekha Yadav elected as NC’s central member of Province 2

Published On: December 18, 2021 09:35 AM NPT By: Republica

KATHMANDU, Dec 18: Chitralekha Yadav has been elected to the post of central member of Province No. 2 (Women) of the Nepali Congress (NC). The counting of votes for the post of central member under the 14th General Convention of the NC is underway at the party's headquarters in Sanepa from Friday.

KATHMANDU, Dec 17: Finance Minister Janardan Sharma has directed all ministries to spend at least 30 percent of their budgets within one month.