Kathmandu. On Sunday 3rd December 2023, fine gold is being traded at Rs 120,800 per tola, compared to Rs 119,000 per tola on Friday. The Federation of Nepal Gold and Silver Dealers' Associations reports that this is the highest price of gold...
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After acquiring Civil Capital Market Limited, Himalayan Capital Limited has started an integrated business under the name of Himalayan Capital Limited. Consolidated trading has started from Friday 1st Dec 2023. Sunil Prasad Gorkhali, Chairman of Himalayan Capital Limited and Bhola Bahadur Bista, Chairman of Civil...
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Kathmandu. The portal job4.online has been launched in Australia. The aim of this portal is to provide employment especially in the hospitality sector. From the portal job4.online launched by Jab Pho Online Company, there is a demand for manpower in this field, from hospitality to...
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Kathmandu. Prabhu Bank has received the 'Bank of the Year' award for the year 2023. Prabhu Bank, which has been upgraded from a finance company to a commercial bank through Bikas Bank, has received this award for the first time.Prabhu...
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Kathmandu A loan agreement worth more than one billion US dollars was signed between the Bangladesh government and the Asian Development Bank (ADB) on Tuesday. The loan will help Bangladesh improve energy efficiency, ensure vaccine supply security, develop clean drinking water and information technology (IT)...
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Kathmandu. After more liquidity in the banking system, banks have invested in the deposit collection equipment of Nepal Rastra Bank at 1 percent interest rate. After the inter-bank interest rate fell below 2 percent due to excess liquidity in the banking system, the National Bank...
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Kathmandu. Nepal Rastra Bank has adopted more flexibility in the process of blacklisting those who have taken loans and not paid interest. The suffering will be reduced for the companies that have secured loans and have worked in joint ventures.By...
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Kathmandu. Due to the increase in bad loans, the profits of most microfinance companies have declined. According to the details up to the first quarter of the current financial year published by microfinance, the profits of 18 companies are negative. In the period up to...
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Kathmandu. 14 non-life insurance companies currently operating in Nepal and 13 companies have published their unrefined financial statements for the first quarter of the current financial year. Till this period, 13 non-life insurance companies have managed to earn a profit of 89 crore 12 lakh...
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Kathmandu. 14 non-life insurance companies currently operating in Nepal and 13 companies have published their unrefined financial statements for the first quarter of the current financial year. Till this period, 13 non-life insurance companies have managed to earn a profit of 89 crore 12 lakh...
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Kathmandu. Currently, commercial banks with government ownership are declaring dividends in a hurry. Till the time of preparing the news, 10 out of 20 commercial banks have declared dividends. 9 banks, including the government-owned National Commercial Bank, are yet to declare dividends. They are...
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Kathmandu. The government has honored the best taxpayers. Finance Minister Dr. Prakasharan Mahat honored the best tax payers of various sectors. The Nepal Telecommunications Company which filed the highest income tax in the financial year 2078/79 has been awarded. Dabur Nepal in the export...
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Kathmandu. Most of the commercial banks have reduced the deposit interest rates for the month of November. Banks have reduced the interest rate of deposits as the banking system has accumulated enough investable funds (liquidity) and the demand for loans has not increased.
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Kathmandu. A Indian Bank UCO is in big trouble because of its small mistake. India's bank UCO bowed down and deposited 820 crore rupees in the accounts of common people. And the 8200 crore bank that was bent has not yet been brought back. So...
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Kathmandu. Ramchandra Khanal has been appointed as the CEO of Kumari Bank. Khanal was appointed as the CEO by the meeting of the bank's board of directors. The meeting accepted the resignation of former Ramesh Aryal to make Khanal the CEO.
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