In October 2024, the BRICS nations (Brazil, Russia, India, China, and South Africa) took another step towards reshaping the global financial landscape by advancing discussions on a new BRICS currency. This move is part of a broader push for de-dollarization, which aims to reduce global dependence on the US dollar and challenge its dominance in…
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Market Overview – 2081/07/06 NEPSE Index: 2665.81Change: +25.88 pointsTurnover: 4.17 Arba Today (Kartik 06, 2081), the NEPSE index increased by 25.88 points, closing at 2665.81. This minor gain reflects a positive sentiment despite the bearish indicators observed earlier in the market. The total turnover for the day was 4.17 Arba, indicating a lower participation compared…
Egg product company Daunne Agro Farm has started the process of issuing IPO. On Tuesday, an agreement was signed between the company and Citizens Capital Limited regarding the issuance of ordinary shares. The agreement was signed by Executive Director Binod Pokharel on behalf of Daunne Agro Farm and Chief Executive Officer Sabir Bade Shrestha on…
The cabinet meeting held on Wednesday approved the Prime Minister KP oli’s visit to New York for the United Nations General Assembly. The visiting team includes Foreign Minister Arju Deuba Rana, Prime Minister’s Chief Advisor Bishnu Rimal, Foreign Secretary Seva Lamsal, Prime Minister’s wife Radhika Shakya, private doctors and others. According to Prime Minister’s Office…
On the first day of the NADA Auto Show, the company started selling Tata Punch EV with more than 100 bookings, however with last day of the NADA Auto Show 475 unit bookings were done and Tiago EV with 169 unit bookings. The Tata Punch EV has launched at a starting price of Rs 3,399,000….
The Best Stall Award at NADA Auto Show for 4 Wheeler has been bagged by RIDDARA of CG Motors Pvt Ltd. Similarly, the Best Stall Award for two wheelres went to Vaidya organisation’s Ather Brand, in Commercial MW’s Sekon and in components Satyadeep Enterprise’s Vidol has won award. NADA Auto Show 2024 started from Tuesday…
On Wednesday, the Nepal Stock Exchange (NEPSE) index rise by 3.80 points to 2,786.40. When 35 million shares were bought and sold, there was a turnover of around 13.72 billion. Today (Aug 28), while the NEPSE index is fluctuating sharply, the market has closed due to an increase at the last minute. Earlier on Tuesday,…
नेपाल राष्ट्र बैंकले प्रकाशित गरेको आर्थिक वर्ष २०८०/८१ को वार्षिक आर्थिक तथा वित्तीय अवस्थाको प्रतिवेदन अनुसार कुल विदेशी विनियम सञ्चिति (Foreign Reserve) २० खर्ब ४१ अर्ब १० करोड पुगेको छ । यो २०८० असार मसान्तको तुलनामा ३२.६ प्रतिशतले धेरै हो । २०८० असार मसान्तमा कुल विदेशी विनियम सञ्चिति १५ खर्ब ३९ अर्ब ३६ करोड रुपैयाँ…
According to the public annual financial report of Nepal Rastra Bank, the price increase rate (inflation rate) of the country has decreased by 5.44 percent. In the previous financial year, the price increase was 7.74 percent. Last June, the consumer price increase was only 3.57 percent. While in June 2080, the rate of price increase…
