Stocks on losing spree

July 10, 2018 09:44 am

KATHMANDU: The benchmark Nepal Stock Exchange (Nepse) index moved notably lower during early trading on Monday. Despite the market making slight recovery in the afternoon session, the index continued its slump in the final trading hour, closing almost 18 points lower. The index ended the day at 1,206.43 points.

KATHMANDU, Dec 28: Slow deposit growth has not restrained banks from ramping up their loan disbursements, indicating that lendable funds in the banking industry will soon dry up if the situation does not reverse.

KATHMANDU, Nov 26: Banks have again been aggressively expanding their loans even when their deposit growth has slowed down.

WASHINGTON, July 21: A secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China's overseas buying spree.

KATHMANDU, April 3: The decision to raise the minimum paid-up capital of insurance companies by four times announced by the Beema Samiti late last week has set off a buying spree at the stock market, sending the Nepal Stock Exchange (Nepse) benchmark index up 79.47 points on Sunday to close at 1,667.11 points.

Minister Lekhak on inauguration spree

January 14, 2017 00:50 am

KATHMANDU, Jan 14: The Ministry of Physical Infrastructure and Transport (MoPIT) has been able to spend less than 20 percent of the Rs 55.96 billion allocated for building roads and bridges in the first five months of the current fiscal year. But the minister for physical infrastructure and transport, Ramesh Lekhak, does not appear serious about expediting the roads and bridges projects, instead, he is busy making trips to lay foundations stones for roads and bridges in different districts, mostly in the tarai.

Listed cos on rights issue spree

September 16, 2016 01:19 am

KATHMANDU, Sept 16: As many as 20 companies have applied for approval of the Securities Board of Nepal (Sebon) to float 105.47 million units of new shares through rights issue.

MUMBAI, July 9: Other than the stellar star cast, there is another reason “Befikre” is catching attention -- the kissing. Actor Ranveer Singh shared a new poster of the film, saying he can't stop kissing.

KATHMANDU, June 26: Government expenditure, which was sluggish till the 11th month of the fiscal year, is gaining momentum in the final month of the fiscal year.