NOC Accelerates Construction of Petroleum Storage Facility in Rupandehi
NOC Accelerates Construction of Petroleum Storage Facility in Rupandehi
  0   2 minutes 14 seconds to read

The Nepal Oil Corporation (NOC) has sped up the construction of a petroleum storage facility at the Rohini River bank in Rupandehi. Engineer Hiramani Khanal reported that 70% of the embankment construction at the Rohini rivulet, which borders the Omsatiya and Rohini rural municipalities, has been…

UML Ministers Resign En Masse
UML Ministers Resign En Masse
  0   2 minutes 22 seconds to read

KATHMANDU: The CPN-UML has withdrawn its support to the government led by Pushpa Kamal Dahal in less than four months after forging an alliance with the Maoist…

NC-UML Coalition Brings Hope for Political Stability
NC-UML Coalition Brings Hope for Political Stability
  0   5 minutes 7 seconds to read

KATHMANDU: A day after the Nepali Congress and the CPN (UML) agreed to form a new government under UML Chairman KP Sharma Oli, the stock market surged on Tuesday.…

Centralized KYC System in Banks from Next Year
Centralized KYC System in Banks from Next Year
  0   3 minutes 46 seconds to read

KATHMANDU: The centralized know your customer (KYC) system for exchanging depositor information among banks and financial institutions will be implemented next year.…

NEPSE Gains 3.79 Points to Close at 2104.22
NEPSE Gains 3.79 Points to Close at 2104.22
  0   1 minutes 17 seconds to read

The Nepal Stock Exchange (NEPSE) saw a small increase of 3.79 points (0.18%), closing at 2104.22 on the fourth trading day of the week on…

Government Allocates Inadequate Budget for Pensions
Government Allocates Inadequate Budget for Pensions
  0   3 minutes 27 seconds to read

KATHMANDU: The government has allocated a budget of Rs 52 billion for pensions in the current fiscal year (FY) 2080/81.…

STC Hikes Salt Price
STC Hikes Salt Price
  0   41 seconds to read

Salt Trading Corporation Limited has increased the price of edible salt by Rs 4 per kilogram, effective from midnight on…

Supreme Court Issues Interim Order on SEBON Chairperson Appointment
Supreme Court Issues Interim Order on SEBON Chairperson Appointment
  0   1 minutes 7 seconds to read

The Supreme Court has issued an interim order regarding the appointment procedures for the Chairperson of the Securities Board of Nepal (SEBON). On June 28, the government decided to cancel all ongoing procedures related to the selection of the SEBON Chair. This decision was subsequently challenged in the Supreme Court through a writ…

NEPSE Gains 47.04 Points to Close at 2100.43
NEPSE Gains 47.04 Points to Close at 2100.43
  0   1 minutes 39 seconds to read

The Nepal Stock Exchange (NEPSE) was significantly influenced by latest political developments. The stock market reacted strongly to an agreement reached late Monday night between the country's two major parties, the CPN-UML and the Nepali…