Keep it going

April 13, 2020 08:06 am

In nearly three weeks since the nationwide lockdown to contain the COVID-19 pandemic, life is changing across the country. In Kathmandu, scarcity of essential goods such as rice, lentils, cooking gas, vegetables, and meat has become acute. People are purchasing these items at much higher prices. Fresh vegetables have become the scarce commodities in Kathmandu since the lockdown disrupted transportation channel and vegetable sellers have also confined themselves within their households due to the fear of transmission. The people to suffer most from this situation have been the farmers, who have not been able to harvest the crops and vegetables from their fields and supply them to the market. As a result, in many places across the country, they have left the ripe harvest uncollected. Elsewhere they are spilling the milk on the road or feeding the cattle with the fresh vegetables. The situation today is while fresh vegetables and crops are rotting or remain uncollected in the fields in some parts of the country, people in other parts are struggling to obtain the same.

KATHMANDU, Jan 6: The price of gold climbed to a record high of Rs 75,500 per tola (11.664 grams) in the domestic market on Sunday.

Fed’s dovish turn

March 24, 2019 00:25 am

NEW YORK – The US Federal Reserve surprised markets recently with a large and unexpected policy change. When the Federal Open Market Committee (FOMC) met in December 2018, it hiked the Fed’s policy rate to 2.25-2.5 percent, and signaled that it would raise the benchmark rate another three times, to three to 3.25 percent, before stopping. It also signaled that it would continue to unwind its balance sheet of Treasury bonds and mortgage-backed securities indefinitely, by up to $50 billion per month.

MUMBAI, Dec 10: Reserve Bank of India Governor Urjit Patel resigned for “personal reasons” on Monday, decision analysts linked to intense pressure on the central bank from the government to ease regulatory curbs.

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.

WASHINGTON, April 7: Unwilling to yield, President Donald Trump and China’s government escalated their trade clash Friday, with Beijing vowing to “counterattack with great strength” if Trump follows through on threats to impose tariffs on an additional $100 billion in Chinese goods.

Expired goods sold to hilly markets

January 20, 2018 01:29 am

BAITADI, Jan 20: In recent days, the hilly districts of the Far Western Region have emerged as major markets for the expired goods and products. Especially, the products used during festivals like New Year, Gaura among others are sold to markets of Baitadi and other hilly districts after getting expired.

KATHMANDU, Dec 19: NIBL Capital Markets Limited has won the Nepal Best Brand Awards, 2017 – Under the title ‘Award for Brand Excellence in Banking, Financial Services and Insurance Sectors’.

Other major vegetable markets of the Valley including the ones at Balkhu, Baneshwar, Koteswar, Balaju, and Chabahil, let alone the many small markets, are yet to acquire such testing labs, according to observations made by Republica.

SEOUL (Reuters) - Take the dregs left from making soy bean oil, which usually go to feed the pigs. Press and roll them into a sandy-colored paste. Stuff with rice, and top with chilli sauce. The dish’s name, injogogi, means “man-made meat.”

BHAIRAHAWA, Sept 26: As the main day of Dashain festival ‘Biyadashami’ nears, festive atmosphere has gripped the country, mainly in settlements occupied by Hindus, who form the majority in the now secular state.

KATHMANDU 13 July, 2017: NIBL Capital Markets Limited, a wholly -owned subsidiary of Nepal Investment Bank Limited, has been functioning as a Depository Participant under CDS and Clearing Limited since 2014.

KHOTANG, June 13: Litchis produced in different villages of Khotang are arriving in market areas of the district.

KATHMANDU, Feb 10: Sunrise Bank Ltd has acquired NIDC Capital Markets Ltd. The joint operation of the two institutions, following acquisition by the commercial bank, started on Friday.

KATHMANDU, Jan 19: Nepal Bank Ltd (NBL) has appointed Civil Capital Markets Ltd as the issue manager for its 23 percent rights issue.

Republican Donald Trump scored a series of surprising wins in battleground states including Florida and Ohio on Tuesday, opening a path to the White House for the political outsider and rattling world markets counting on a win by Democrat Hillary Clinton.

JUMLA, Nov 4: Apples grown in Jumla have fetched Rs 100 per kg in the district headquarters itself.

KKATHMANDU, Oct 8: Soaltee Crowne Plaza Kathmandu has recently won the ‘Most Preferred Destination for Business Meetings, Leisure & Celebrations’ award in the 12th Hospitality India & Explore the World Annual International Travel Awards.

Sunrise to acquire NIDC Capital Markets

September 26, 2016 20:20 pm

KATHMANDU, Sept 26: Sunrise Bank Ltd is in the process to acquire NIDC Capital Markets Ltd -- a merchant banker.

HONG KONG, Sept 14: Asian markets mostly fell on Wednesday as uncertainty over the future of central bank monetary policy weighed on buying interest while warnings of an extended oil glut sank energy firms.

Asian markets mostly rise as dollar gains

September 6, 2016 15:00 pm

HONG KONG, Sept 6: Asian markets extended gains Tuesday on diminishing prospects of a US interest rate rise this month, while the dollar also gained against the yen after Japan's central bank chief pledged fresh stimulus if needed.

ILAM, Aug 4: International demand for tea produced in Ilam district was hit hard when a test in Germany few months ago revealed that it contained a harmful chemical called 'anthraquinone', or simply 'acque'. After a period of drop in its demand, of late demand for Ilam tea has shown significant improvement in recent days, especially in Europe and the USA.

KATHMANDU, July 28: Various consumer rights groups have criticized the concerned government bodies for not carrying out effective monitoring on consumers' rights as per the government directives.

LONDON, June 21: Britain's normally raucous House of Commons was given over to tears, roses and warm tributes Monday as legislators urged an end to angry and divisive politics in honor of their slain colleague Jo Cox, who was killed last week.