Tag: Leading

  • Commercial and Development Banks’ Performance in Nepal for FY 2080/81

    Commercial and Development Banks’ Performance in Nepal for FY 2080/81


    Nepal Rastra Bank has recently published data outlining the financial performance of both commercial banks and development banks for the initial five months of the ongoing fiscal year 2080/81, concluding in Mangsir.

    Concerning commercial banks, the combined net profit for the first five months of the fiscal year 2080/81 in Nepal reached Rs. 28.36 Arba. Noteworthy is Nabil Bank’s leading position, having attained the highest net profit of Rs. 2.96 Arba. Global IME Bank closely followed with earnings of Rs. 2.73 Arba, securing the second position, while NIMB claimed the third spot with a net profit of Rs. 2.6 Arba during this period. In contrast, Agricultural Development Bank reported the lowest net profit among commercial banks at Rs. 12.5 Crores.

    Turning to development banks, despite three out of the 17 banks incurring losses, the overall sector in Nepal achieved a net profit of Rs. 1.9 Arba. Muktinath Bikas Bank exhibited outstanding performance with an impressive net profit of Rs. 45.93 crore, closely followed by Garima Bikas Bank with earnings of Rs. 38.67 crore. Conversely, Corporate Development Bank and Narayani Development Bank reported the lowest profits in the sector, with earnings of Rs. 1.09 Crores and Rs. 10.7 Lakhs, respectively. Notably, Saptakoshi, Salapa, and Excel Development Bank faced challenges as they experienced net losses during the same period.

  • “Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit”

    “Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit”


     

    Global IME Bank Limited (GBIME) has released its fourth quarter report for the fiscal year 2079-80, revealing a significant rise in Net Profit to Rs. 7.25 Arba, marking a 46.26 percent increase from the previous year’s Rs. 4.95 Arba during the same period. The bank has seen notable growth in both Net Interest Income and Operating Profit, which have surged by 66.37 percent and 40.57 percent, respectively. GBIME achieved a total core business revenue of Rs. 17.11 Arba in FY 2079-80, contributing to an Operating Profit of Rs. 10.10 Arba up to the same period.

     

  • “NEPSE Index Records Modest Gain in Today’s Trading Session, with Swabalamban Laghubitta Bittiya Sanstha Leading in Turnover”

    “NEPSE Index Records Modest Gain in Today’s Trading Session, with Swabalamban Laghubitta Bittiya Sanstha Leading in Turnover”


    The NEPSE index concluded today’s trading session at 2,154.07, showing a modest single-digit increase of 9.91 points or 0.46% compared to the previous day’s closing. However, it is worth noting that the index experienced a significant surge of 47.07 points in the previous trading session.

    The trading day commenced with the index opening at 2,147.69 and displayed some downward momentum by reaching an intraday low of 2,146.52. However, it also reached an intraday high of 2,171.13 before ultimately settling at its closing value of 2,154.07.

    Throughout the day, a total of 255 scrips were traded in 56,476 transactions. The trading volume amounted to 8,676,438 shares, resulting in a turnover of Rs. 3.54 Arba.

    Among the various stocks, Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) had the highest turnover, with a value of Rs. 21.77 crores, and closed at a market price of Rs. 875. The shares of HLI were the most actively traded.

    In terms of individual stock performance, BPW Laghubitta Bittiya Sanstha Limited (BPW) recorded the highest gain of 10%, while United Ajod Insurance Limited (UAIL) rose by 9.99%, reaching the positive circuit for the day. Conversely, Sanima Large Cap Fund (SLCF) experienced the most significant decline of 5.14%.

    Regarding sector indices, six of them ended the day in negative territory. The “Non-Life Insurance” sector witnessed the highest gain, increasing by 1.55%. On the other hand, the “Hotel and Tourism” sector registered the most significant loss, declining by 1.45%.

  • “Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses”

    “Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses”


    Today, the Nepalese stock market index, NEPSE, experienced a decline of 0.23% and closed at 1,866.40, which is 4.27 points lower than the previous day’s close. During the trading day, the index reached a high of 1,878.96 and a low of 1,860.43 after opening at 1,871.63. The total turnover for the day was Rs. 69.22 Crores, lower than the previous day’s turnover of Rs. 95.43 Crores, with 271 stocks traded through 21,649 transactions.

    Himalayan Distillery Limited (HDL) had the highest turnover of Rs. 2.44 crores with a market price of Rs. 1,900 per share, while the most traded shares belonged to NICBF. Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) gained 8.20% during the day, while Swet-Ganga Hydropower & Construction Limited (SGHC) lost the highest percentage of 4.70%. Among the six sector indices, “Trading” experienced the highest decline of 1.53%, whereas “Mutual Fund” gained 0.54%.

  • Cryptocurrency prices are rising, with Ripple rising by 18%.

    Cryptocurrency prices are rising, with Ripple rising by 18%.


    Since Tuesday morning, the cryptocurrency market, which had been dropping for more than two weeks, has started rising. As a result, the values of the market’s leading cryptocurrencies have surged dramatically in the last 24 hours.

    According to Crypto.com, the price of Bitcoin has gained 8.24 percent in the previous 24 hours to USD 37,304, while Ethereum is trading at $2,707. In the last 24 hours, Ethereum alone has increased by 16.60 percent.

    Cardano rose 12.74 percent to 1.76, Binance Coin rose 15.02 percent to 358, Ripple rose 19.36 percent to 1.07, and Polkadot rose 18.44 percent to 23.11.

    Cryptocurrency is banned in Nepal, despite being recognized as a digital money in Europe, the United States, China, and India. However, in the lack of a cryptocurrency regulation in Nepal, the Nepal Rastra Bank has published a statement stating that only Bitcoin transactions are prohibited.

  • ISP Toll-Free Numbers in Nepal

    ISP Toll-Free Numbers in Nepal


    The Nepal Telecommunications Authority (NTA) has made toll-free numbers mandatory for Internet Service Providers (ISPs) in Nepal. This means that, sooner or later, every ISP will need their own toll-free number. To summarize, toll free numbers are phone numbers that can be used to contact Nepal’s Internet Service Providers for free.

    ISPs must hold toll-free numbers for efficient customer care, assistance, and internet supply maintenance, according to NTA guidelines. Furthermore, toll-free numbers can boost not only internet access but also customer service. Furthermore, with toll-free numbers, consumers would be able to openly and conveniently express their dissatisfactions, suggestions, and questions.

    We’ve compiled a list of toll-free numbers for some of Nepal’s most popular Internet service providers.

    ISPs Toll free numbers
    Nepal Doorsanchar Company Ltd. | Nepal Telecom 1498, 198
    Worldlink Communications Ltd. 166001-55050
    Subisu Cablenet Pvt. Ltd. 166001-59999
    Classic Tech Pvt. Ltd. 16600150999
    Vianet Communication Pvt. Ltd. 16600188444

    Nepal Doorsanchar Company Ltd. | Nepal Telecom Toll-free Number

    Nepal Doorsanchar Company Ltd., widely known as NTC or Nepal Telecom, is the prestigious telecommunication service provider in Nepal. Along with telecom, the company is also a famous internet service provider. It’s contact details are:

    • NTC Toll-free number: 1498, 198
    • Head office: 977-1-4210106, Kathmandu
    • Email: ntc.cco@ntc.net.np

    Worldlink Communications Ltd. Toll-free number

    Worldlink is one of the renowned and largest internet and network service providers in Nepal. The company has been providing quality internet services. In addition to this, its services are ever-improving. But things aren’t perfect forever, that’s when the need to contact them comes in. Their contact details are:

    • Worldlink Toll-free number:166001-55050(NTC)
    • Head office: 977-9801523050 (Ncell) & 977-01-5970050 (NTC), Jawalakhel, Lalitpur
    • Email: info@worldlink.com.np

    Subisu Cablenet Pvt. Ltd. Toll free number

    Subisu is another prestigious ISP in Nepal. Initially, the company served as a cable & fiber internet and Digital TV service provider. With this been said, Subisu becomes a multi-tasker. To contact Subisu:

    • Subisu Toll free number:166001-59999
    • Head office: 01-4429616, Baluwatar, Kathmandu
    • Email: info@subisu.net.np

    Classic Tech Pvt. Ltd. Toll-free Number

    Classic Tech is another competitive internet and network service provider in Nepal. Moreover, it is a licensed company to provide trustworthy customer service to its users. It’s contact details are:

    • Classic Tech Toll-free number: 16600150999
    • Head office: 9801006633, New Baneshwor, Kathmandu
    • Email: info@classic.com.np

    Vianet Communication Pvt. Ltd. Toll-free number

    Vianet is one of the leading internet and TV service providers in Nepal. Since very long, the company has been serving people with high end internet service. And even today, you’ll find people appreciating it’s internet quality and speed. To contact them:

    • Vianet Toll free number: 16600188444
    • Head office: 01-5970444, Jawalakhel, Lalitpur
    • Email: support@vianet.com.np

    Additionally, the list of other ISPs with their toll free numbers are as follows:

    Other ISPs Toll free numbers
    Broad Band Nepal Pvt. Ltd. 166071-52004 (For NTC users)
    Techminds Networks Pvt. Ltd. 16605651222 (For NT Users), 9801575666 (For Ncell Users)
    East Link Technology Pvt. Ltd. 166001-95985
    Sky Broadband Pvt. Ltd. 166001-58887
    Himalayan Online Services Pvt. Ltd. 16600149520
    Arrow Net Pvt. Ltd. 16600142222
    Metrolink Business Group Pvt. Ltd. 16607156222
    Big Marshyangdi Net Pvt. Ltd. 9801565666
    Prabhu Digital Ltd. 16600178999,
    980157199
    Mercantile Communication Pvt. Ltd. 16600100822
    Super Eight Network Pvt. Ltd. 9801575750
    Infonet Communication Pvt. Ltd. 1660774002
    Unified Communication Pvt. Ltd. 16602358666
    Broadlink Communication Pvt. Ltd. 9801571235
    TechMinds Network Pvt. Ltd. 16605651222,
    9801575666
    Ultra Net Communication Pvt. Ltd. 16601166729
    Web Network Pvt. Ltd 16607156555
    First Link Communications Pvt. Ltd. 16602358555
    Everest Wireless Network Pvt. Ltd. 9801571005 ( For NCELL users), 16608352003
    Simpal Media Network Pvt. Ltd. (SIMTV ) 9801544000
    Mahakali Digital Network Pvt. Ltd. 1660017899 (For NTC users),
    9801571999 (For NCELL users)
    Shangrila Informatics Pvt. Ltd. 16600102725
    Sustainable Networks Pvt. Ltd. 16600119335
    Loop Networks Pvt. Ltd. 9801571570
    Kriti Darshan Media Pvt. Ltd. 16602558558
    Dish Home Pvt. Ltd. 16600122000
    Super Sitapaila Net.Pvt. Ltd. 16600162222
    Web Surfer Nepal Communications System Pvt. Ltd. 16600170222
    Lumbini Max Digital Cable Net Pvt. Ltd. 16607156333
    Meta Link Pvt. Ltd. 16600194541
    Acme Technical Institute Pvt. Ltd. 16607852010
    WiFi HD Nepal Pvt. Ltd. 9801567779
    VNS Technology Pvt. Ltd. 16604152980
    Zishan Networks Pvt. Ltd. 16605552786
    Interweb Network Pvt. Ltd. 16606156900
    City Net Pvt. Ltd. 16600193330
    K.C.N. Net Pvt. Ltd. 16600115000
    Net Max Technologies Pvt. Ltd. 16600156666
    Cherry World Communication Pvt. Ltd. 9801571266
    Waling Internet Pvt. Ltd. 16606342003
    Max Net Solution Pvt. Ltd. 9801574040
    Prime Network Pvt. Ltd. 16605651245
    Limpid ICT Solution Pvt. Ltd. 16600164186
    Regmi Media INC. Pvt. Ltd. 16607152001
    Rapid Unique Network Pvt. Ltd. 16606552002
    Infocom Pvt. Ltd. 16600185000
    Simrik Internet Pvt. Ltd. 16606156780
    Smart Link Network Pvt. Ltd. 16600100108
    LNT Infotech Pvt. Ltd. 16606152020
    Next Geekers Pvt. Ltd. 16600180444
    Life Net Pvt. Ltd. 16608352007,
    9801571888
    Neo Link Pvt. Ltd. 16608852305
    Bihunkot Internet Pvt. Ltd. 16606852009
    Nepalink Communication Pvt. Ltd. 9801571100
    I zone Pvt. Ltd. 16602142001
    Pathibhara Network Pvt. Ltd. 9801575959
    Surkhet cable Net T.V. Pvt. Ltd. 16608352008
    Syangia Media Pvt. Ltd. 16606342008
    Wifi Tech Nepal Pvt. Ltd. 9801859000, 9801859004
    Broadband solutions Pvt. Ltd. 16605651555
    Access world Tech Pvt. Ltd. 16600151065
    Smart Telecom Pvt. Ltd. 4242/14242
    IBSS Nepal Pvt. Ltd. 16600181078
    World Fiber Net Pvt. Ltd. 16600107555
    Dolfin Net Communication Pvt. Ltd. 9801574100
    Pals Network Pvt. Ltd. 16607152002
    Fiber world communication Pvt. Ltd. 9801571720, 16607852003
    Mithila Digital Nepal Pvt. Ltd. 16600116999
    Clean Network Pvt. Ltd. 16603352002