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ECONOMY

Birgunj Customs collects Rs 154.84 bn in revenue in seven mo...

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The office had set a target of Rs 175.31 billion for the period and has achieved 88 percent of the target so far.
15 hours ago
ECONOMY

Customs revenue hits Rs 52.15 billion, making up 43% of foss...

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The collected revenue accounts for 42.39 percent of the total import value of Rs 123.67 billion for petroleum products.
16 hours ago
ECONOMY

Base interest rate of commercial banks drops by 0.09 percent

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According to statements released by 20 commercial banks, they have maintained an average base interest rate of 5.20 percent for the period between mid-March and mid-April. 
17 hours ago
ECONOMY

NOC hikes fuel prices by Rs 15 per litre

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Nepal Oil Corporation (NOC) has increased the prices of petroleum products by Rs 15 per litre, with the new rates coming into effect from midnight Wednesday.
1 day ago
ECONOMY

Imports of electrical cooking utensils surge amid uncertaint...

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Records from the Department of Customs (DoC) show that Nepal imported 8,231 units of ready-made infrared and induction stoves last month. While the total value of the electric stoves was more than Rs 139 million, the majority were induction stoves.
1 day ago
ECONOMY

Ridge Line Energy lists 11.85 million shares on NEPSE, tradi...

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A total of 11.85 million shares of the company were listed on NEPSE on Wednesday. Of these, 2.6 million units are ordinary shares issued to the public under the IPO, while the remaining 9.29 million units are promoter shares.
1 day ago
ECONOMY

Petroleum imports via Birgunj rise to Rs 123.67 billion in t...

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According to the Birgunj Customs Office, the imports generated Rs 52.15 billion in revenue during the review period.
1 day ago
ECONOMY

Transport fares likely to increase by up to 11.33 percent fo...

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The DoTM has submitted a proposal to the Ministry of Physical Infrastructure and Transport to revise fares based on the “scientific fare adjustment system.” Citing rising inflation and fuel costs, transport operators have urged the government to immediately implement the revised fares, s...
1 day ago
ECONOMY

Profit booking corrects NEPSE by 24.45 points, daily turnove...

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Nepal Stock Exchange (NEPSE) on Wednesday plunged 24.45 points to close at 2,935.94 points.
1 day ago
ECONOMY

NRB to mop Rs billion from BFIs for liquidity management

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The central bank will raise the amount through a bidding process and has invited proposals from banks and financial institutions. The auction is scheduled to take place online at 3:00 pm on Wednesday.
1 day ago