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Imports and exports both fell in the first eight months of fiscal year 1979/80. 1
Business | Market | Economy

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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List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO 3
NEPSE NEWS

List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding […]

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In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores. 5
Business | Market | Economy

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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NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by "Trading" 7
NEPSE NEWS

NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by “Trading”

The NEPSE index closed at 1,949.06 today, up 22.65 points from the previous trading day’s close. This represents a 1.18% increase. Yesterday, the index fell 6.90 points. Today, the index opened at 1,926.28 and closed at 1,925.41. In contrast, it reached a high of 1,949.17 before settling at 1,949.06.  

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Gains Rs 2,900 per tola in one day, trading at Rs 110,000 9
Gold | Silver | Forex

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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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. 11
Gold | Silver | Forex

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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Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit. 13
Gold | Silver | Forex

Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit.

In the domestic market today, the price of gold has risen by Rs. 1000. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,700 per tola. Yesterday, the rate remained unchanged at Rs. 105,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs. […]

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NEPSE drops by only 0.27% to settle at 1,933.31 levels. 15
NEPSE NEWS

NEPSE drops by only 0.27% to settle at 1,933.31 levels.

  The NEPSE index closed at 1,933.31 today, down 5.32 points from the previous trading day’s close. This is a 0.27% decrease. Yesterday, the index fell 14.44 points. Today, the index opened at 1,938.62 and closed at 1,919.93. In contrast, it reached a high of 1,946.77 before settling at 1,933.31. Through 26,375 transactions, 258 scrips […]

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The government's spending exceeds its revenue by Rs 1.56 Kharba. 17
Business | Market | Economy

The government’s spending exceeds its revenue by Rs 1.56 Kharba.

  For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]

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Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today. 19
Gold | Silver | Forex SS

Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today.

Today’s gold price has risen by Rs. 600 on the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,100 per tola. Yesterday, the pricing remained unchanged at Rs. 103,500 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 103,600. In […]

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