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"Nepal-Bangladesh Power Deal: 40 MW Export in First Phase Marks Milestone Agreement" 3
Business | Market | Economy

“Nepal-Bangladesh Power Deal: 40 MW Export in First Phase Marks Milestone Agreement”

  A recent multi-party agreement has been established to enable electricity supply from Nepal to Bangladesh. The agreement involves Nepal, India, and Bangladesh, and is considered a preliminary step. The Ministry of Energy, Water Resources, and Irrigation has disclosed that the initial phase will see Bangladesh purchasing 40 megawatts of electricity from Nepal.  

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Nepal's Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year 5
Business | Market | Economy

Nepal’s Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year

Nepal’s trade deficit for the first ten months of the current fiscal year has remained at Rs. 12.04 Kharba, according to the recently released Nepal Trade Statistics by the Department of Customs. This represents a decrease of 15.85% compared to the trade gap of Rs. 14.31 Kharba during the same period in the previous fiscal […]

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Prabhu Life Insurance proposes dividend for the first time 7
Dividend

Prabhu Life Insurance proposes dividend for the first time

Prabhu Life Insurance Limited (PLI) has proposed a dividend of 10.526% for the fiscal year 2077/78. This is the first dividend the company has proposed since being listed on the Nepal Stock Exchange (NEPSE). The company’s board of directors, at its 140th meeting held on Baisakh 25, has decided to distribute a dividend consisting of […]

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The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever 9
NEPSE NEWS IPO | FPO

The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever

The NEPSE index closed at 1,888.32 today, up 2.71 points from the previous trading day’s close. This represents a 0.14% increase. Yesterday, the index fell 18.80 points. Today, the index opened at 1,885.77 and closed at 1,875.14. In contrast, it reached a high of 1,891.87 before settling at 1,888.32.  

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Imports and exports both fell in the first nine months of fiscal year 1979/80. 11
Business | Market | Economy

Imports and exports both fell in the first nine months of fiscal year 1979/80.

  The foreign trade figures for Nepal for the first nine months of fiscal year 2079/80 have been released. According to government data released on Thursday, Nepal’s trade deficit reduced by 17.06 percent to Rs. 10.83 Kharba from Rs. 13.06 Kharba the previous year.  

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NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores. 13
NEPSE NEWS

NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores.

The NEPSE index finished at 1,931.68 today, down 2.80 points from the previous trading day’s close. This is a 0.14% decrease. Last Thursday, the index fell 29.07 points. The index began today at 1,934.51 and reached an intraday high of 1,945.05. In comparison, it dropped as low as 1,918.52 before closing at 1,931.68. Through 33,149 […]

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Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23. 15
Business | Market | Economy

Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.

  Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in mid-March 2022/23.

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The NEPSE Index falls by double digits on the first trading day of the week, closing at 1,838.48. 17
NEPSE NEWS

The NEPSE Index falls by double digits on the first trading day of the week, closing at 1,838.48.

  The NEPSE index closed at 1,838.48 today, down 28.31 points from the previous trading day’s close. This is a 1.52% decrease. Last Thursday, the index fell 8.28 points. The index began the day at 1,867.47 and reached an intraday high of 1,869.43. In contrast, it dropped as low as 1,833.68 before closing at 1,838.48. […]

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How to Renew Driving License in Nepal
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]

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