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.

Nepali Gold Market Witnesses Significant Rise in Rates, Reflecting Global Trends 5
Gold | Silver | Forex

Nepali Gold Market Witnesses Significant Rise in Rates, Reflecting Global Trends

Today, the price of the precious yellow metal has soared by Rs. 700 per tola compared to yesterday’s trading figures, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current rate for fine gold stands at Rs. 1,37,500 per tola, marking a notable increase from yesterday’s trading rate of Rs. 1,36,800 per tola. Similarly, Tejabi gold is now priced at Rs. 1,36,850 per tola, indicating a Rs. 700 surge from yesterday’s price of Rs. 1,36,150 per tola. April 12th, 2024, saw a historic peak for fine gold, hitting an all-time high of Rs. 1,39,000 per tola. […]

Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme 9
Business | Market | Economy

Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme

As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn

Prabhu Insurance Company Endorse 5% Dividend for FY 2079/80 17
Dividend

Prabhu Insurance Company Endorse 5% Dividend for FY 2079/80

Prabhu Insurance Company Limited (PRIN) has announced its 28th Annual General Meeting (AGM) scheduled for the 20th of Baishakh, 2081. The AGM will convene at the Prabhu Complex in Tinkune, Kathmandu, commencing at 10 am on the designated day. Among the key agendas on the table, the AGM will endorse a 5% dividend for the

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