Articles & Updates
Gold price nears all-time high; gains Rs 800 per tola today to trade at Rs 109,800
Today’s gold price has risen by Rs. 800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. In contrast, the […]
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Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.
Rumors have been circulating on the internet about the arrival of Samsung’s all-new A series smartphone in Nepal. With the global release of the Samsung Galaxy A34 5G and Galaxy A54 5G, there has been speculation in the Nepali market about when the fantastic new addition to Samsung’s beloved A-series phones will arrive in Nepal. […]
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Imports and exports both fell in the first eight months of fiscal year 1979/80.
The first eight months of Nepal’s fiscal year 2079/80’s foreign trade statistics have been released. According to government data released on Wednesday, Nepal’s trade deficit fell by 17.86 percent to Rs. 9.53 Kharba from Rs. 11.60 Kharba the previous year. The trade deficit is the amount by which a country’s imports cost more than its […]
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In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.
Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter. In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores. This quarter, the company earned Rs. […]
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The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.
IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio. IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on […]
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Gains Rs 2,900 per tola in one day, trading at Rs 110,000
Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at […]
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Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.
Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global […]
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Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.
Kantipur Television (KTV) is a private television station based in Kathmandu, Nepal. Kailash Sirohiya is the chairman and managing director. KTV, which debuted in July 2002, is licensed for both terrestrial and satellite transmission. Tinkune is the headquarters of Kantipur Television. On the 17th Chaitra, 2079, Kantipur Television Network Limited will hold its Special General […]
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Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio
Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized. For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the […]
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Gold will soon reach an all-time high; it has risen by Rs. 400 per tola today, while silver is trading at Rs. 1,310.
Today’s gold price has risen by Rs. 400 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,100 per tola. Yesterday, the rate remained unchanged at Rs. 106,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 106,600. In contrast, […]
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