NEWS

NEPSE Loses 21.91 Points; Turnover Amount Shrinks to Rs 1.44 Billion
NEPSE Loses 21.91 Points; Turnover Amount Shrinks to Rs 1.44 Billion
  0   1 minutes 44 seconds to read

The Nepal Stock Exchange(NEPSE) Index witnessed a loss of 21.91 points or 1.07% and closed at 2011.22 points on the first trading day of the week, Sunday.  The total turnover plunged to Rs 1.44 billion compared to last trading day’s turnover of Rs 1.54…

Mahalaxmi Bikas Bank to Host the BizzChitra Photography Competition
Mahalaxmi Bikas Bank to Host the BizzChitra Photography Competition
  0   1 minutes 44 seconds to read

 Mahalaxmi Bikas Bank, recently honored with the L&D Excellence Award (Gold), has announced photography competition named "BizzChitra." This competition aims to spotlight and boost local small and medium-sized…

Inflation Up, FDI discouraging in FY 2022/23   
Inflation Up, FDI discouraging in FY 2022/23   
  0   2 minutes 0 seconds to read

August 18: The indicators of inflation, current account deficit and foreign direct investment remained discouraging in the last fiscal year while indicators of remittance inflow, balance of payment and foreign exchange reserves was…

IRD Changes VAT Reporting: Monthly for Large Firms, Quarterly for Smaller Businesses

The Inland Revenue Department has introduced amendments to the current regulations governing the payment of Value Added Tax (VAT). Under the updated provisions, companies engaged in business turnovers exceeding Rs 10 million annually will be required to submit their VAT details on a monthly…

Foreign Exchange Reserves Surged to 1539.36 Billion in FY 2022/2023
Foreign Exchange Reserves Surged to 1539.36 Billion in FY 2022/2023
  0   1 minutes 5 seconds to read

In the fiscal year 2022/2023, the total foreign exchange reserves have increased by 26.6 percent.  According to the financial report released by the Nepal Rastra Bank on Friday, the foreign exchange reserves have reached Rs 1539.36 billion in the fiscal year…

Remittance Inflow Surges by 21.2% in 2022/2023
Remittance Inflow Surges by 21.2% in 2022/2023
  0   1 minutes 4 seconds to read

In the fiscal year 2022/2023, the remittance inflow has increased by 21.2 percent. According to the financial report released by the Nepal Rastra Bank on Friday, the remittance reached to Rs 1220.56 billion in the fiscal year 2022/2023.In the previous year, the remittance inflow had increased by 4.8…

Farmers Attracted Towards Banana Farming in Chandrapur
Farmers Attracted Towards Banana Farming in Chandrapur
  0   4 minutes 29 seconds to read

August 18: Farmers of Chandrapur Municipality-3 Gaindatar have ditched cultivation of traditional food crops like paddy, corn, wheat, mustard, and lentils to opt for banana…

Policyholders Surrendering Insurance Policies up due to Recession
Policyholders Surrendering Insurance Policies up due to Recession
  0   3 minutes 53 seconds to read

August 18: President of Life Insurers’ Association of Nepal and Chief Executive Officer (CEO) of Citizen Life Insurance Company Limited, Poshak Raj Paudel, says that the number of policyholders surrendering insurance policies has increased due to the economic…

FNCCI President Dhakal Calls for Chinese Investment in Nepal
FNCCI President Dhakal Calls for Chinese Investment in Nepal
  0   2 minutes 26 seconds to read

August 18: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has emphasized Nepal's burgeoning stature as a promising investment destination, underpinned by its wealth of natural resources, skilled workforce, market access, and advantageous trade…