NEWS

 The NEPSE Index Records Impressive Gains of 99.22 Points; So Does Turnover Amount

The decision of the banks and financial institutions to slash the interest rates on deposits has had a positive impact on the NEPSE Index today. The NEPSE Index, which had remained sluggish lately, gained an impressive 92.22 points and closed at 1963.55…

35 Percent Shutters Closed in Kathmandu
35 Percent Shutters Closed in Kathmandu
  0   3 minutes 59 seconds to read

April 12: As the small businessmen living in the capital valley have fled, about 35 percent of the shutters used by them have now become…

Foreign Exchange Reserves Rises to Rs 1401.21 Billion: NRB   
Foreign Exchange Reserves Rises to Rs 1401.21 Billion: NRB   
  0   1 minutes 49 seconds to read

April 12: Though the foreign exchange reserves have increased in the country, the current account remained at a deficit of Rs 44.31 billion in the first eight months of the current fiscal year.…

No Environment for Investment Despite Availability of Fund: Golyan   
No Environment for Investment Despite Availability of Fund: Golyan   
  0   2 minutes 24 seconds to read

April 12: Chairperson of the Confederation of Banks and Financial Institutions Nepal (CBFIN) Pawan Kumar Golyan insists that there is no investment-friendly environment in the country despite availability of liquidity in banks and financial…

Voting to Elect New Executive Committee of FNCCI Begins
Voting to Elect New Executive Committee of FNCCI Begins
  0   3 minutes 19 seconds to read

April 12: Voting for the election of a new executive committee of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI), the largest umbrella organization of industrialists in the country, has started from 8 am this…

IMF Lowers 2023 Global Growth Forecast to 2.8 Percent
IMF Lowers 2023 Global Growth Forecast to 2.8 Percent
  0   4 minutes 21 seconds to read

April 12: The International Monetary Fund (IMF) slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical…

Govt Decides to Test Level of Pesticides on Imported Goods for Consumption
Govt Decides to Test Level of Pesticides on Imported Goods for Consumption
  0   1 minutes 29 seconds to read

April 11: A meeting of the Council of Ministers held on Tuesday approved a proposal received from the infrastructure committee of the Council of Ministers on testing the maximum level of pesticides in all the imported goods for…

Earthquake Jolts Gorkha   
Earthquake Jolts Gorkha   
  0   36 seconds to read

April 11: An earthquake with its epicenter at Baluwa of Gorkha district on Tuesday…

NEPSE Gains 27.31 Points to Close at 1871.33 
NEPSE Gains 27.31 Points to Close at 1871.33 
  0   1 minutes 34 seconds to read

The NEPSE Index gained 1.48%, 27.31 points, and closed at 1871.33 on the third trading of the week on…

Decline in Imports and Exports Results in Reduction in Trade Deficit
Decline in Imports and Exports Results in Reduction in Trade Deficit
  0   2 minutes 17 seconds to read

April 11: Merchandise exports of Nepal declined 29.1 percent during the eight months of FY 2022/23 to Rs 104.80 billion against an increase of 82.9 percent in the same period of the previous year, according to the Nepal Rastra…

Inflation Rises to 7.44 Percent
Inflation Rises to 7.44 Percent
  0   1 minutes 11 seconds to read

April 11: The year-on-year (y-o-y) consumer price inflation increased to 7.44 percent in mid-March 2023 compared to 7.14 percent a year…