KATHMANDU, July 14: Nepal’s stock market failed to extend gains from the previous week as index ended all five trading days lower. Despite opening with strong gains on Sunday, the market pulled back sharply to close marginally lower. Similarly, the index experienced significant weakness in all following session of the week. As a result, Nepse closed at 1,191.98 points with a drop of 32.43 points compared to preceding week.
KATHMANDU, July 12: Paddy transplantation in eastern tarai districts is lower this season compared to other parts of the country. According to the report, paddy transplantation has been done on 30,625 hectares of land in Jhapa, 13,200 hectares in Morang, 11,000 hectares in Sunsari, 8,100 hectares in Saptari and 10,145 hectares in Siraha so far.
KATHMANDU, July 3: The benchmark Nepal Stock Exchange (Nepse) index lost 10 points early on Monday's trading but staged a comeback mid-session with the index recouping all its losses during the day. However, stocks came under pressure in the final trading hour with the index closing 4.82 points lower at a three-month low of 1,179.71 points.
KATHMANDU, June 8: Ending a months-long impasse over a provision on the suspension of lawmakers, parliament on Friday endorsed the House of Representatives Regulations, with a provision barring a lawmaker from parliamentary privilege, perks and facilities instead of suspension from his or her post upon being arrested for a criminal offence or any other offence liable to incur a jail term of three years or more.
KATHMANDU, June 5: Nepali stocks ended broadly lower on Monday as talks between representatives from investor associations and government regarding the recent changes in Capital Gains Tax (CGT) ended inconclusively.
KATHMANDU, June 2: After declining on the first trading day of the week, stocks staged a comeback on the second day as the benchmark index surged more than 35 points on the day. However, despite much anticipation, announcement of government budget failed to uphold market sentiments throughout the latter sessions.
People with annual earnings of up to Rs 450,000 will have to pay only 1% social security tax for Rs 350,000 and 10% of the remaining Rs 100,000. Under this taxation, the total income tax on annual income of Rs 450,000 will be Rs 13,500.
KATHMANDU: The sole equity market of Nepal experienced continuous decline throughout the week with the Nepal Stock Exchange (Nepse) index dropping 1.60 percent to close at 1,318.22 points. Sensitive index which accounts for the performance of Class 'A' stocks declined 1.56 percent to 277.89 points.
KATHMANDU, May 25: Several leaders from the Maoist faction of the Nepal Communist Party (NCP) have accused the party leadership of nominating central committee member on an ad hoc basis, undermining the party’s long-honored tradition of ensuring fair representation for women, Dalits, Madhesis, Muslims and other excluded communities.
SHANGHAI, May 24: Asian shares moved lower on Thursday as investors fretted about new setbacks in U.S.-China trade talks, but negative sentiment was tempered by U.S. Federal Reserve meeting minutes suggesting it would not raise the tempo at which it increases interest rates.
KATHMANDU, May 22: Nepal Stock Exchange (Nepse) index made a partial recovery on Monday after hitting an intraday low of 2.06 points during midday trading. The benchmark index closed the day at 1337.13 points.
BOAO, April 10: Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that comes amid rising trade tensions between China and the United States.
KATHMANDU, March 30: A meeting of the House of Representatives today endorsed an ordinance presented to amend (first) the Commission of Investigation on Enforced Disappeared Persons (CIEDP) and Truth and Reconciliation Commission (TRC) Act.
KATHMANDU, Mar 7: The meetings of the lower and upper houses of parliament held separately on Tuesday fixed the date for the election of the speaker of the House of Representatives (HoR) and chairman of the National Assembly (NA).
KATHMANDU, March 6: A meeting of the House of Representatives today constituted the 'House of Representatives Rules Drafting Committee'. The 13-member committee comprises Krishnabhakta Pokhrel, Juli Kumari Mahato, Dilendra Prasad Badu, Dev Prasad Gurung, Prem Suwal and Brijesh Kumar Gupta.
KATHMANDU, Feb 24: A group of five financial institutes led by Laxmi Bank Ltd and Swet Ganga Hydropower and Construction Company has signed a facility agreement to finance the 28.1 MW run-of-the-river Lower Likhu Hydro Project, on Thursday.
SEOUL, Feb 12: South Korea said on Monday it will try to arrange more reunions for families divided by the Korean War and seek to lower military tensions with North Korea as the first steps towards establishing grounds for a rare summit between the two Koreas.
KATHMANDU, Dec 29: Polarization among the political parties over the modality for electing the National Assembly has put the Election Commission (EC) in a fix over the allocation of proportional representation seats for the lower house of parliament.
KATHMANDU, Nov 30: The Constitutional Bench of the Supreme Court issued a show cause notice to government authorities today, demanding the reason why the Black Marketing and Some Other Public Crimes and Punishment Act, 1975 was amended to reduce the jail sentence for black marketers.
TOKYO, OCT 22: Voting in a general election started Sunday that would most likely hand Prime Minister Shinzo Abe’s right-wing ruling coalition a victory and possibly close to a two-thirds majority in parliament.
KATHMANDU, April 26: CPN UML's Provincial Committee at Province 3 has recommended five names to party's standing committee to pick a mayor candidate in Kathmandu Metropolitan Cityin the upcoming local elections.
NEWYORK, April 15: Exposure to higher levels of air pollution may increase cardiovascular disease risk by lowering levels of high-density lipoprotein (HDL), commonly known as “good” cholesterol, says a study.
KATHMANDU, July 19: With senior Nepal Police personnel cornering the lion's share of the training provided and the huge numbers of rank and file sidelined, the National Police Academy (NPA) has now come up with a new training module to shift the focus of training to the lower ranks.
KATHMANDU, April 22: The Public Accounts Committee (PAC) of the parliament on Friday launched investigation into a decision to award the contract to build Solu Corridor Transmission Line Project, directing all concerned to stop project's work until further notice.