KATHMANDU, Feb 25: Following a small recovery in Wednesday, the Nepalese equity market extended its correction on Thursday. The Nepal Stock Exchange (Nepse) index witnessed constant pressure in the session. After trading unchanged for about half an hour, the benchmark saw a steady decline eventually finishing at 2,554.14 – down 44.94 points against the session earlier.
KATHMANDU, Feb 24: The equity market opened Wednesday’s session in green but a minor correction pulled the Nepse index towards red in the morning. Nonetheless, stocks recovered after mid-day and traded in green throughout the latter trading hours. At the close, Nepse stood 12.56 points higher to finish at 2,599.08.
KATHMANDU, Feb 24: The government has added 619 more deaths linked to the coronavirus disease (COVID-19) infection in a single day. With this the total number of COVID-19 fatalities in the country has climbed to 2,684.
KATHMANDU, Feb 23: Top leaders belonging to various political parties including the main opposition party Nepali Congress (NC), the Dahal-Nepal faction of the ruling Nepal Communist Party (NCP), Janata Samajbadi Party (JSP) and Rastriya Prajatantra Party (RPP) have welcomed the decision of the Supreme Court (SC) to reinstate parliament that was dissolved by Prime Minister KP Sharma Oli two months ago.
KATHMANDU, Feb 23: Supporters of Pushpa Kamal Dahal-Madhav Nepal faction of the ruling Nepal Communist Party (NCP) and other people have begun celebrations following the verdict of the Supreme Court (SC) to reinstate the House of Representatives (HoR) earlier today.
KATHMANDU, Feb 22: The Nepalese equity market opened Monday’s session in green but gave up morning gains within the first trading hour. Stocks remained under pressure thereafter and fell more than 20 points at mid-session. Further selling pressure towards the closing hours saw the benchmark close with a loss of 32.67 points at 2,607.67.
KATHMANDU, Feb 21: After opening firmly in green, the Nepal Stock Exchange (Nepse) index saw a steady decline in the morning to trade more than 18 points lower before mid-day. However, a recovery in the afternoon pushed the benchmark in the positive territory. The index plateaued in the remaining trading hours finally closing Sunday’s session with a 3.66 point’s gain at 2,640.35.
KATHMANDU, Feb 21: As many as one million doses of the Covishield vaccine to be administered to prevent COVID-19 arrived in Kathmandu on Sunday. Nepal purchased the vaccines from the Serum Institute of India.
KATHMANDU, Feb 20: The weather will be fair in most parts of the country in the next three days. Meteorologist Barun Poudel said the weather will continue to be affected with a gradual increase in temperature for some days while remaining fair on some days.
Availability of good quality seeds is a prerequisite to increase crop production. But seed supply system of Nepal is not reliable and farmers have always complained about unavailability of quality seeds.
KATHMANDU, Feb 16: With the pleading by the plaintiffs and defendants on the writ petitions on the case related to the dissolution of the House of Representatives coming to an end on Monday, the Constitutional Bench at the Supreme Court is receiving arguments from the Amicus Curiae starting from Tuesday.
KATHMANDU, Feb 16: Shree Panchami, also known as Basanta Panchami or Saraswati Puja, is being celebrated across the country by worshipping Saraswati, the goddess of knowledge, wisdom, learning, art, music and culture, on Tuesday.
KATHMANDU, Feb 16: Russia has shown its interest in expansion of the rail services in Nepal. Russian Ambassador to Nepal Aleksei Novikov while paying a courtesy call on Minister for Physical Infrastructures and Transport Basant Kumar Nembang at the latter's office in Singh Durbar on Monday, shared interest in investing in the expansion of the rail service in the country.
KATHMANDU, Feb 16: Stocks witnessed a sharp rally in the morning with the benchmark reaching as high as 2,565 mark. A minor correction saw the Nepse index erase some of its morning gains. However, strength in the latter trading hours pushed the index higher. Following a steady surge until the closing bell, Nepse closed Monday’s session with 92.42 point’s gain at 2,586.01.
KATHMANDU, Feb 15: Nepal Telecommunications Authority (NTA) has determined the 5G frequency, paving the way for the expansion of the 5G service. The NTA Board approved the frequency identified by the National Frequency Management Forum under the authority.
KATHMANDU, Feb 15: Four former chief justices have said that they had not committed any contempt of the court by issuing a joint statement against the dissolution of the House of Representatives (HoR).
KATHMANDU, Feb 15: The influence of the Westerly wind will remain for some more days. The weather is partly to generally cloudy in most parts of the country for the past few days with light snowfall in some places of the high-hilly and mountainous regions.
KATHMANDU, Feb 14: The faction of the ruling Nepal Communist Party (NCP) led by Pushpa Kamal Dahal and Madhav Kumar Nepal on Sunday announced the fourth phase of agitation against the dissolution of the House of Representatives (HoR).
BUTWAL, Feb 13: Minister for Energy, Water Resources and Irrigation Top Bahadur Rayamajhi has said that the government was forced to recommend the dissolution of the House of Representatives (HoR) after sudden attempts were made to oust the prime minister from within the party.
KATHMANDU, Feb 12: President Bidya Devi Bhandari has expressed her best wishes for the happiness, peace and prosperity of all sisters and brothers at home and abroad on the occasion of Sonam Lhosar to be observed by the Tamang community as their New Year.