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ECONOMY

Insurance companies see strong growth: Rs 156 billion premiu...

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Insurance companies in Nepal have significantly increased their business, collecting a total of Rs 156 billion in premiums during the first eight months of the current fiscal year, according to the Nepal Insurance Authority. (NIA) Both life and non-life insurers contributed to this growth.
1 day ago
ECONOMY

Kalinchok Hydropower to issue 684,750 unit shares from April...

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Kalinchok Hydropower is set to issue its initial public offering (IPO) from April 5. The company will open the IPO for the general public in the second phase after completing share allocation to project-affected locals and Nepalis working abroad in the first phase.  
1 day ago
ECONOMY

Spring climbing season opens: 82 climbers from 10 teams rece...

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According to the Department of Tourism, permits have been issued since March 1. The highest number of climbers—22 from three teams—have received permits for Annapurna I.
1 day ago
ECONOMY

178 companies gain as NEPSE inclines 14.21 points

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Nepal Stock Exchange (NEPSE) on Thursday surged 14.21 points to close at 2,950.16 points.
1 day ago
ECONOMY

Birgunj Customs collects Rs 154.84 bn in revenue in seven mo...

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The office had set a target of Rs 175.31 billion for the period and has achieved 88 percent of the target so far.
1 day ago
ECONOMY

Customs revenue hits Rs 52.15 billion, making up 43% of foss...

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The collected revenue accounts for 42.39 percent of the total import value of Rs 123.67 billion for petroleum products.
1 day ago
ECONOMY

Base interest rate of commercial banks drops by 0.09 percent

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According to statements released by 20 commercial banks, they have maintained an average base interest rate of 5.20 percent for the period between mid-March and mid-April. 
1 day ago
ECONOMY

NOC hikes fuel prices by Rs 15 per litre

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Nepal Oil Corporation (NOC) has increased the prices of petroleum products by Rs 15 per litre, with the new rates coming into effect from midnight Wednesday.
1 day ago
ECONOMY

Imports of electrical cooking utensils surge amid uncertaint...

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Records from the Department of Customs (DoC) show that Nepal imported 8,231 units of ready-made infrared and induction stoves last month. While the total value of the electric stoves was more than Rs 139 million, the majority were induction stoves.
2 days ago
ECONOMY

Ridge Line Energy lists 11.85 million shares on NEPSE, tradi...

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A total of 11.85 million shares of the company were listed on NEPSE on Wednesday. Of these, 2.6 million units are ordinary shares issued to the public under the IPO, while the remaining 9.29 million units are promoter shares.
2 days ago