Economy

Gold price remains stable while silver decreased

Kathmandu February 21- Gold price remained stable, while silver prices dipped by five rupees pertola, over the week — from February 14 to 19. The...

More than 20 percent Nepalis live under poverty line

KATHMANDU, FEBRUARY 13:  A total of 20.27 percent of Nepalis are currently living under the poverty line. The figure is less by 4.93 percentage...

Merger, acquisition wipes out 52 BFIs from banking industry

Kathmandu January 20- Due to the merger and acquisition (M&A) activities, a total of 52 bank and financial institutions has disappeared from the banking...

Net profit of Sewa Development Bank increased by 21%

Kathmandu February 16- Operating with the paid up capital of Rs. 360.6 million, Sewa Development Bank's net profit in the second quarter of current...

We are under int’l pressure to cut paid-up capital deadline: Governor Nepal

Kathmandu February 29- NRB Governor Dr. Chiranjibi Nepal has revealed that he has been facing pressure from institutions like World Bank and the International...

Gold takes a jump by Rs 105 per tola

Kathmandu, Nov 12 - Gold price has increased on Tuesday by 105 rupees to 55 thousands 5 hundred rupees per tola.   According to Gold and...

Quota System in fuel distribution from Monday

Kathmandu September28. Nepal Oil Corporation, NOC to distribute fuel on the basis of quota system from Monday onwards.NOC adopted this system to ensure availability...

Cheque clearance volume down by 30%

Kathmandu December 8- Banks and financial institutions (BFIs) have seen a 30 percent drop in transactions by cheque in recent weeks, reflecting a contraction...

Innovative Development bank issues right share in proportion to 3:2

Kathmandu January 3- Innovative development bank has announced 3:2 right shares for its existing shareholders. The issue shall opened in Jan 22 and close...

Gold and silver prices surge by over 4%

Kathmandu February 14- Gold and silver prices increased by whopping Rs 2,200 and Rs 30 pertola, over the week — from February 7 to...

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