February 13, 2024 22:08 pm
KATHMANDU, Feb 12: Nepal Telecom (NT) earned net profits of Rs 3.93 billion in the first six months of the current fiscal year, which was 7.60 percent less compared to the same period of the last fiscal year.
August 20, 2023 20:56 pm
KATHMANDU, Aug 20: The net profit of Salt Trading Corporation (STC) increased 58.05 percent in the last fiscal year.
August 8, 2023 20:00 pm
KATHMANDU, Aug 8: Profits of development banks declined 7.82 percent in the last fiscal year, thanks to the ongoing economic recession that had led to a sharp decline in the banking businesses.
August 6, 2023 21:12 pm
In FY 2022/23, banks earned net profits of Rs 70.17 billion, while they can distribute their shareholders only Rs 31.90 billion in dividend.
March 18, 2023 20:06 pm
KATHMANDU, March 18: Commercial banks of the country earned profits of over Rs 39.39 billion in the first seven months of the current fiscal year.
December 2, 2022 08:30 am
KATHMANDU, Dec 2: Nepal Electricity Authority (NEA) earned profits of Rs 8.50 billion in the first three months of the current fiscal year, mainly due to control in electricity leakage and increased sales to India and the domestic market.
November 7, 2022 20:10 pm
KATHMANDU, Nov 7: Nepal Reinsurance Company (NRC) earned net profit of Rs 5.08 billion in total in the past seven years of its establishment.
August 17, 2022 19:17 pm
KATHMANDU, August 17: Minister for Energy, Water Resources and Irrigation Pampha Bhusal said that the profits earned by Nepal Electricity Authority (NEA) will be invested in the construction of infrastructures related to electricity supply.
August 11, 2022 06:20 am
KATHMANDU, August 11: Nepal Electricity Authority (NEA) earned net profit of Rs 16.09 billion in the last fiscal year, which was more than double of the amount that the public utility earned in 2020/21.
June 14, 2022 06:35 am
KATHMANDU, June 14: Nepali commercial banks earned profits of Rs 58.33 billion in the first 10 months of the current fiscal year despite facing a notable shortfall in loanable funds during the period.
January 27, 2022 07:30 am
KATHMANDU, Jan 27: Commercial banks were able to increase their profits by 10.09 percent in the first six months of the current fiscal year.
January 10, 2022 18:30 pm
KATHMANDU, Jan 10: Finance Minister Janardan Sharma has accused the banks and financial institutions (BFIs) of focusing on increasing their profits even at a time when the country is reeling under economic problems arising from the impacts of the coronavirus pandemic.
November 4, 2021 07:20 am
KATHMANDU, Nov 4: Nepal’s commercial banks earned a profit of Rs 18.11 billion in the first three months of the current fiscal year, which is 24.05 percent more than the amount in the same period last year.
August 20, 2021 07:30 am
KATHMANDU, August 20: The profits earned by the 27 commercial banks in the last fiscal year soared by 19.31 percent, backed by the flexible monetary policy and the banks’ earnings from the transaction of shares amid the impacts of the COVID-19 pandemic.
February 18, 2021 06:30 am
KATHMANDU, Feb 18: Nepal Oil Corporation (NOC) on Tuesday hiked the prices of petroleum products, the second time in a week, adding an extra financial burden to the consumers.
January 29, 2021 12:15 pm
KATHMANDU, Jan 29: The impact of the COVID-19 pandemic on the banking sector is beginning to show. Bankers have said that the impact of COVID-19 has started to be felt after the profit of most banks declined in the first six months of the current fiscal year.
August 6, 2019 01:00 am
We need a shift in paradigm from business is politics and politics is business to business in nature and vice versa
June 28, 2018 12:30 pm
Tourists hiking in Nepal's Himalayan mountains are being pressured into costly helicopter evacuations at the first sight of trouble by guides linked to powerful brokers who are making a fortune on "unnecessary rescues", industry insiders say.
April 27, 2018 07:20 am
KATHMANDU, April 27: A dozen commercial banks earned net profit of more than a billion rupees over the third quarter of the current fiscal year.
April 26, 2018 13:23 pm
April 26: Facebook Inc (FB.O) shares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a scandal over the mishandling of personal data.
February 7, 2018 10:15 am
KATHMANDU, Feb 7: Nine commercial banks have earned net profits of over Rs 1 billion in the first half of the current Fiscal Year 2017/18. Not only half-dozen new commercial banks have joined the one-billion profit earners' league, the net profits of most of the commercial banks have also gone up in the review period.
September 2, 2017 08:39 am
PARBAT, Sept 1: Farmers of Kurgha and Lamithana of Phalebas Municipality are having trouble in transporting milk to the market as the roads to the villages have been damaged in recent rains. Now they are spending the money earned from selling milk to repair the damaged roads.
June 25, 2017 02:15 am
POKHARA, June 24: Pokhara Chamber of Commerce and Industry (PCCI) profited Rs 2.9 million from a trade fair that it organized in December, last year.
June 6, 2017 17:17 pm
KATHMANDU, June 6: Amnesty International has today released a report 'Turning People into Profits' bringing the issue of abusive recruitment, trafficking and forced labour of Nepali migrant workers into light.
May 20, 2017 00:30 am
KATHMANDU, May 20: Nepal Stock Exchange (Nepse) declined shed 15.36 points this week to close at 1,643.87 points on Thursday - the last trading day of the week.
May 9, 2017 00:30 am
RAUTAHAT, May 9: Farmers in around two dozen villages in Rautahat district are earning a good income through vegetable farming.
December 19, 2016 12:20 pm
KATHMANDU, Dec 19: The estimated cost for the Devsthal-Kainadanda section of Jajarkot-Dunai road was Rs 195.4 million. The actual project cost exceeded this by Rs 88.42 million, without sufficient technical clarifications.
October 18, 2016 16:05 pm
LONDON, Oct 18: Manchester City achieved its second profit under its Abu Dhabi owners prior to a bout of heavy spending on players in the offseason which is aimed at title challenges in England and Europe.
August 9, 2016 08:02 am
KATHMANDU, Aug 9: The recent price adjustment for Liquefied Petroleum Gas (LPG) has brought a huge profit margin for Nepal Oil Corporation, and only nominal relief to the consumers of cooking gas.
July 11, 2016 20:01 pm
KATHMANDU, July 12: Qatar Airways Group has projected to earn 3 billion QAR operating profit in the fiscal year of 2016, three times higher than that of Fiscal Year 2015.