Economy

Cash dividend of Ridhi Hydro approved

    Kathmandu November 1- Ridhi Hydropower to distribute 10.5% cash dividend to its shareholders. Recently held 4th annual general meeting of hydropower company has approved...

NOC to buy two wide body aero planes

Kathmandu November 1- Board of Directors of Nepal Airlines Corporation to forward purchase process for   wide body airships. A meeting conducted by BOD before...

NRB to draw 175 billion from market to manage liquidity

Kathmandu November 1- Central bank to issue long- term bond in order to control excess liquidity. NRB aims to provide long term solution to...

Shangrila development Bank in 12th year

Kathmandu November 15- Shangrila Development Bank Ltd whose Central Office is located in Kathmandu,  Baluwatar  entered 12th year of its operation. On its 12th...

NEPSE drops 29 pts on blockade

Kathmandu November 1- As the economy stumbles under the prolonged banda in Tarai and Indian blockade, the Nepal Stock Exchange (NEPSE) plunged 29.01 points...

Three tankers loaded with Chinese petrol to arrive in Kathmandu today

Kathmandu November 1- Three tankers loaded with petrol will arrive at Kathmandu from Kyirong of China today that were refilled facility yesterday. Chief District...

Decline in government revenue and expenditure due to Tarai unrest and Indian Blockade

Kathmandu November 1- The government’s collection of revenue and its expenditure have both declined as of October 23 of the current fiscal year on...

NRB unsanctioned cash dividend proposal of Everest Bank

Kathmandu October 30- NRB has unsanctioned proposal of Everest Bank to distribute cash dividend. NRB has refused the proposal on the ground of lack...

Mero Microfinance to issue 612 thousand units of share

Kathmandu October 30- Mero Microfinance has boosted its paid up capital to 138.8 million and reserve to Rs. 44 million. Finance has succeeded to...

Net profit of Manjushree Finance grows by 219%, succeed to earn 9million

Kathmandu October 30- Manjushree finance earned Rs. 9 million 86 thousand net profit in first quarter of FY 2072/73 which is 219.47% growth than...

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