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Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81 1
Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]

NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover 3
NEPSE NEWS

NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover

The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]

Exploring the Growth of Hydropower Projects Along Taplejung’s Rivers
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Exploring the Growth of Hydropower Projects Along Taplejung’s Rivers

Taplejung district in Nepal is experiencing a significant surge in investment in hydropower projects, particularly along its primary waterway, the Tamor River, and other rivers in the region. Officials have reported that there are currently 16 hydroelectric projects underway along the Tamor River alone, with an anticipated power generation capacity of 1,654.51 megawatts. According to

Muktinath Bikas Bank Limited: A Glimpse into its Remarkable Growth and Financial Performance
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Muktinath Bikas Bank Limited: A Glimpse into its Remarkable Growth and Financial Performance

In the dynamic landscape of Nepal’s banking sector, Muktinath Bikas Bank Limited (MNBBL) stands out with its impressive performance and robust financial indicators. Recently, the bank unveiled its unaudited financial statement for the third quarter of the fiscal year 2080/81, shedding light on its commendable growth trajectory. MNBBL maintains a formidable position with a total

Global IME Bank Limited: Navigating Challenges in the Third Quarter Amid Financial Resilience
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Global IME Bank Limited: Navigating Challenges in the Third Quarter Amid Financial Resilience

Global IME Bank Limited (GBIME) recently unveiled its third-quarter fiscal report for the year 2080/81, showcasing both resilience and challenges amidst a dynamic banking landscape. While maintaining a robust financial position with substantial capital and reserves, the bank encountered a 24.13% decline in net profit, amounting to Rs 3.30 Arba. Despite facing headwinds, GBIME continues

Surge in Nepal’s Gold Market: Reaching All-Time High Amid Global Dynamics
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Surge in Nepal’s Gold Market: Reaching All-Time High Amid Global Dynamics

Nepal’s gold market witnessed an unprecedented surge, hitting an all-time high on April 19, 2024, signaling significant shifts in both domestic and international dynamics. According to the Federation of Nepal Gold and Silver Traders’ Association, fine gold soared by Rs. 700, reaching an extraordinary Rs. 1,39,300 per tola, up from its previous Rs. 1,38,600. Similarly,

Nepal Infrastructure Bank Limited: Navigating Challenges in Third-Quarter Financial Performance
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Nepal Infrastructure Bank Limited: Navigating Challenges in Third-Quarter Financial Performance

Infrastructure Bank Limited (NIFRA) recently disclosed its third-quarter fiscal report for the year 2080/81, revealing insights into its financial performance amidst evolving market dynamics. While facing a 15.02% decrease in net profit compared to the previous year, NIFRA remains focused on navigating challenges and pursuing sustainable growth strategies. Maintaining a robust financial position, NIFRA boasts

Nabil Bank Limited: Navigating Challenges Amid Third-Quarter Financial Performance
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Nabil Bank Limited: Navigating Challenges Amid Third-Quarter Financial Performance

Nabil Bank Limited (NABIL) recently unveiled its third-quarter fiscal report for the year 2080/81, revealing insights into its financial performance amidst evolving market dynamics. Despite facing an 8.76% decline in net profit compared to the previous year, NABIL remains committed to navigating challenges and implementing strategies for sustainable growth. Maintaining a strong financial foundation, NABIL

Laxmi Sunrise Bank Limited: Driving Growth Amidst Financial Performance Challenges
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Laxmi Sunrise Bank Limited: Driving Growth Amidst Financial Performance Challenges

Laxmi Sunrise Bank Limited (LSL) has recently unveiled its third-quarter fiscal report for the year 2080/81, showcasing notable achievements amidst challenges in the banking landscape. Despite facing hurdles, the bank reported a remarkable 27.70% increase in net profit, reaching Rs 1.61 Arba. Maintaining a robust financial position, LSL boasts a total paid-up capital of Rs.

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