oil

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81 2
Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]

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NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover
NEPSE NEWS

NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover

The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]

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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. […]

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Nepali Banks' Interest Rate Review: Baisakh 2081 Update 7
Business | Market | Economy

Nepali Banks’ Interest Rate Review: Baisakh 2081 Update

In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to […]

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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 […]

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Celebrate New Year 2081 with FD Motors: Exclusive Offer on F5 A Pro Scooter 11
General News Business | Market | Economy

Celebrate New Year 2081 with FD Motors: Exclusive Offer on F5 A Pro Scooter

As the New Year 2081 dawns upon us, FD Motors extends warm wishes to all Nepalis, spreading joy, peace, and prosperity worldwide. To mark this auspicious occasion, FD Motors is delighted to announce an exclusive offer for its esteemed customers, providing an exciting opportunity to own the highly acclaimed F5 A Pro scooter. This special […]

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RIDI Initiates Auction of Unclaimed Right Shares: Opportunity for Public Participation 13
Business | Market | Economy

RIDI Initiates Auction of Unclaimed Right Shares: Opportunity for Public Participation

Ridi Power Company Limited (RIDI) has initiated the auction of the unclaimed portion of its right shares starting from the 29th of Chaitra, 2080, with the auction set to conclude on the 9th of Baisakh, 2081. The company aims to sell 11,35,657 units of ordinary right shares, representing the unclaimed segment from its recent rights […]

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AHPC Successfully Allots 1:1 Right Shares: Unclaimed Shares to be Auctioned Soon 15
Business | Market | Economy

AHPC Successfully Allots 1:1 Right Shares: Unclaimed Shares to be Auctioned Soon

Arun Valley Hydropower Development Company Limited (AHPC) recently completed the allotment of its right shares at a 1:1 ratio on the 27th of Chaitra, 2080. Following the allotment process, shares were distributed to eligible applicants, while those who were not allotted shares will receive their refunds starting from the 30th of Chaitra, 2080. During the […]

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