KATHMANDU, July 20: Stocks fell sharply over the first trading hour of Thursday's session. Despite staging a partial comeback mid-session, the benchmark Nepal Stock Exchange (Nepse) index continued its downfall toward the end. At the close, the index stood at 1,193.39 points – a drop of 5.38 points, or 0.45 percent, compared to Wednesday.
KATHMANDU, June 5: Nepal Oil Corporation has hiked fuel prices regularly under an automatic pricing mechanism in the last seven months. The steady price hike has impacted the price of daily commodities, and airfares are also to increase by Tuesday. NOC’s latest price hike comes against a fall in international prices.
KATHMANDU, Mar 1: Import of cement has been on a decreasing trend, at a time when talks about the country becoming self-reliant on cement are going on. Cement imports decreased by about 24 percent in the first half of the current fiscal year.
KATHMANDU, Feb 10: Nepal Stock Exchange (Nepse) benchmark index fell 19.48 points this week to close at 1,391.03 points on Thursday -- the last trading day of the week. The stocks have again gone into correction course after recovering some of the lost value in the last two weeks.
KATHMANDU, Dec 16: The Nepal Stock Exchange (Nepse) benchmark index fell 10.34 points to close at 1,520.15 points on Thursday -- the last trading day of the week. The stocks have slumped amid counting of votes of the recently held elections of federal parliament and provincial assemblies, which is likely to hand over nearly two-third majority to the 'left alliance'.
KATHMANDU, Aug 21: Annual average inflation fell to 4.5 percent in the last Fiscal Year 2016/17.
According to the Nepal Rastra Bank (NRB), the pace of price rise nearly halved in the last fiscal year from a near double-digit level in 2015/16.
KATHMANDU, Aug 13: Nepal Electricity Authority is producing electricity below the capacity of the power plants because of lowered demand or halted supply in the urban centers of the eastern and central regions of the country.
KATHMANDU, July 18: Inflation plunged to 2.8 percent in the eleventh month of the last fiscal year 2016/17 compared to 11.1 percent of price rise in the same period of the previous fiscal year 2015/16.
BAGLUNG, July 8: A 14-year-old boy, who had gone missing from a nearby forest where he had gone to pluck Padamchal (a sour type of herb) at Sano Ghumte in Baglung on Friday, was found dead on Saturday.
KATHMANDU, May 1: Of the around 800,000 people who lost their homes in the devastating earthquakes of 2015, only 264 households have acquired loans from bank and financial institutions (BFIs) so far at a subsidized interest rate.
KATHMANDU, Jan 14: Nepal Stock Exchange (Nepse) index rebounded this week, gaining 32.41 points to close at 1,479.86 points on Thursday--the last trading day of the week following a long slump. Daily turnover, however, has not improved yet.
DHARAN, Dec 30: With promises to hold the next edition of the National Games in Mid Western Region after two years, the week-long Seventh National Games concluded on Friday in Dharan amidst poor management, weak infrastructure, political clash and serious issue of discipline violation.
The Reserve Bank of India was spotted intervening in the foreign exchange market after the rupee fell to as low as 68.8350 per dollar on Thursday, on the verge of surpassing its previous record low of 68.85 in August 2013, traders said.