Category/business-economy (Total Articles : 104 )
Brokerage firm Morgan Stanley has upgraded India's stock market to 'Overweight' further Sensex to reach 68,500 by December 2023
Kathmandu. Morgan Stanley, the world's leading rating agency, has given a good signal for India. American brokerage firm Morgan Stanley has changed the rating of India's domestic stock market to 'overweight'. Earlier he had given equal weight to India. Converting equal weight to over weight...
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Nepal's biggest export is Information technology through Nepalese earned 67.5 billion Amount
Kathmandu. In the financial year 2078/79, Nepal exported goods worth two trillion. The amount earned by Nepal by exporting information technology services in one year is 43 percent of the total exports. However, earnings from information technology exports are not found in official...
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Next-Gen Cybersecurity Solutions launched by Kaspersky
Kathmandu: Sagar Group, an IT distribution company, unveiled its latest line of cutting-edge Next-Gen Cybersecurity solutions — Kaspersky Standard, Kaspersky Plus and Kaspersky Premium — from renowned cybersecurity provider Kaspersky. The event held in Kathmandu today featured an insightful sharing session by industry experts on...
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Eight lakh new taxpayers got PAN Number in Nepal
Kathmandu. Seven lakh 98 thousand 422 taxpayers have been added in the last financial year. Due to the addition of a large number of taxpayers under various headings in the same year, the basis for increasing the revenue sources of the government has increased.
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TiE Boston’s Aqua-Sol wins First Runner-Up at the 2023 on Global final competition
Kathmandu. At the Global Finals held in San Diego last week, TiE Boston's Young Entrepreneurs (TYE) team, Aqua-Sol won the 1st Runner-Up Award. The team, which consists of Soham Kulkarni, Samarth Bedre, Jacob Slavsky, Anoop Rampure and Karthik Pisupati, developed a technique that uses a...
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Stock Market of Nepal is wait and see condition : NEPSE decreased by 101 units and turnover is 5 billion on a week
Kathmandu. To the end of the financial year 2079.080, the stock market has been affected. The stock market has been affected this week due to the effect of mid-June. Tilak Koirala, an investor, said that although there is enough investable money in the banking system,...
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Nepal Rastra Bank has Published Economic Activity Study Report : Bank and Financial Status is Improvement
Kathmandu. Economic activity study report has been published. Nepal Rastra Bank has published a report on Tuesday after studying the half-yearly economic activity based on data from July to December of the current financial year 2079 and 80.The production of...
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Bank's history in the World and The word 'bank' was first time used in Italy
Kathmandu. The word 'banking' is not only in human life but also the economy of any big or small country depends on the banking system. The word 'bank' was first used in Italy. This Italian word was first used in 1157. The oldest bank in...
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The journey of the stock market to towards 2370 points which is increasing by 100 points every week
Kathmandu. According to Nepal Rastra Bank, 55 trillion 47 billion deposits were accumulated in banks and financial institutions. On the same day, the loan-to-deposit ratio of banks and financial institutions fell to close to 84 percent. This means that more than 3 trillion 22 billion...
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What is FATF and its purpose?
Kathmandu. The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations are recognized as the...
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11 companies got stock broker license in Nepal
Kathmandu. The Nepal Securities Board has granted securities broker license to 11 more companies in the second phase. Spokesperson Mukti Shrestha informed that the board has distributed broker licenses to 11 more companies on Monday.Spokesman that the board has decided...
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6 billion tax collection strategy plan of Nepal government from commercial banks, Insurance and finance companies
Kathmandu. The government is going to collect more than 6 billion rupees in taxes from companies that have issued Further Public Offerings (FPOs). Finance Minister Dr. Prakasharan Mahat announced the tax on the income received from FPO through the budget of the financial year 2080/81,...
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Budget for the financial year 2080/081 is 17 trillion 51 billion 31 crore
Kathmandu. The government has presented a budget worth Rs 17 trillion 51 billion 31 crore for the next financial year. Out of the total allocation, 11 trillion 41 billion 780 million rupees or 65.20 percent is for current, 3.2 billion 7 billion rupees for capital...
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Europe's economy slows down and US also high risks falling apart
Kathmandu. Germany is the largest economy in Europe. Now there are news that the economy has been pushed into economic recession. According to the recently released data by the German Statistics Office, the economy shrank by 0.3 percent in the first quarter of 2023. Germany...
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After the ban of INR 2000 notes in India that may be increase to keep black money in Nepal
Kathmandu. The central bank's decision to remove the 2000 note from circulation in India has caused an uproar. It is certain that it will have a significant impact on the Nepalese economy. The Indian central bank 'Reserve Bank of India - RBI' said through a...
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