KATHMANDU: The Nepal Stock Exchange (NEPSE) index lost 32.65 points on Monday, closing at 2,657 points on the first trading day of the week. The market remained in negative territory throughout the trading session. Total turnover also declined to Rs 7.18 billion, down from Rs 8.89 billion recorded in the previous session. Of the companies […]

#nepse #exchange

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Sikta Irrigation Project collects data on beneficiary farmers

Business & Economy

1w ago

Sikta Irrigation Project collects data on beneficiary farmers

BANKE: The Sikta Irrigation Project, a national pride project currently under construction, has started collecting data on beneficiary farmers in its command area to ensure effective water distribution and management. The project is collecting data on farmers who are currently receiving irrigation services through branches and sub-branches of the Eastern and Western Main Canals, as […]

#irrigation #sikta

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Snowfall in Bajura’s highlands, rain disrupts daily life

Business & Economy

2w ago

Snowfall in Bajura’s highlands, rain disrupts daily life

BAJURA: Heavy snowfall in the high Himalayan regions and persistent rainfall since Friday have disrupted daily life in Bajura, with plunging temperatures, strong winds and worsening weather conditions affecting residents across the district. Snowfall was reported in the high-altitude areas of Badimalika, Budhinanda, Gaumul, Khaptad, Chhededaha and Himali, among other local levels, last night. Rain […]

#bajura #heavy

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Karnali’s economic growth stands at 2.94 percent in FY 2082/83

Business & Economy

2w ago

Karnali’s economic growth stands at 2.94 percent in FY 2082/83

KATHMANDU: Karnali Province recorded an economic growth rate of 2.94 percent in fiscal year 2082/83, below the national growth projection of 3.89 percent, according to a study conducted by Nepal Rastra Bank (NRB). Karnali accounts for just 4.20 percent of Nepal’s national economy, making it the smallest contributor among the seven provinces. Its gross domestic […]

#rastra-bank #karnali

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NEPSE slips 5.45 points as turnover reaches Rs 8.89 billion

Business & Economy

2w ago

NEPSE slips 5.45 points as turnover reaches Rs 8.89 billion

KATHMANDU: The Nepal Stock Exchange (NEPSE) edged down by 5.45 points, or 0.20 percent, to close at 2,690.15 on Friday, reversing some of the gains recorded in the previous session, when the benchmark index had risen by 31.54 points. The market opened at 2,693.55 and fluctuated throughout the trading session, reaching an intraday high of […]

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Man arrested for cryptocurrency transactions worth Rs 2.16 billion

Business & Economy

2w ago

Man arrested for cryptocurrency transactions worth Rs 2.16 billion

KATHMANDU: Police have arrested Sunil Kumar Yadav, 28, of Sabaila Municipality-12, Dhanusha, on charges of illegally trading in cryptocurrency. According to the Central Police Newsroom, Yadav is suspected of conducting cryptocurrency transactions worth Rs 2,160,120,821 (over Rs 2.16 billion). A team from the Kathmandu Valley Crime Investigation Office arrested him in coordination with Dhanusha District […]

#cryptocurrency #yadav #kathmandu

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Wholesale egg prices rise ahead of festive and winter seasons

Business & Economy

2w ago

Wholesale egg prices rise ahead of festive and winter seasons

CHITWAN: The wholesale support prices of eggs have increased following a rise in market demand with the onset of the festive and winter seasons. The Nepal Layers Poultry Farmers Association revised the support prices during a meeting held in Pokhara on Thursday, raising the rates announced at its previous meeting in Kathmandu. Association Chairperson Binod […]

#association #layers #poultry

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Gold price drops by Rs 3,200 per tola in Nepali market

Business & Economy

2w ago

Gold price drops by Rs 3,200 per tola in Nepali market

KATHMANDU: The price of gold, which had been rising for four consecutive days, declined sharply on Friday, falling by Rs 3,200 per tola in the domestic market. According to the Federation of Nepal Gold and Silver Dealers, gold is being traded at Rs 280,300 per tola today, down from Rs 283,500 on Thursday. Gold had […]

#gold #kathmandu #silver

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Sunsari farmer cultivates marigolds commercially ahead of Tihar

Business & Economy

2w ago

Sunsari farmer cultivates marigolds commercially ahead of Tihar

SUNSARI: Arjun Bista, a farmer from Barahakshetra Municipality-6 in Sunsari, has cultivated marigolds commercially on five katthas of land this year, targeting the Tihar festival. Bista, who has been growing marigolds for the past five years to meet the increased demand during Tihar, has planted the ‘Table Tennis’ variety this year. He said the plants […]

#sunsari #tihar #bista

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NEPSE rises 31.54 points as turnover reaches Rs 8.57 billion

Business & Economy

2w ago

NEPSE rises 31.54 points as turnover reaches Rs 8.57 billion

KATHMANDU: The Nepal Stock Exchange (NEPSE) index climbed 31.54 points, or 1.18 percent, to close at 2,695.60 points on Thursday, extending gains despite fluctuations during the trading session. Trading activity remained robust, with 23.25 million shares of 350 companies changing hands through 69,619 transactions. Total turnover reached Rs 8.57 billion. Of the companies traded, share […]

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Gold price rises, silver price falls in domestic market

Business & Economy

2w ago

Gold price rises, silver price falls in domestic market

KATHMANDU: Gold prices rose by Rs. 300 per tola in the domestic market today, while silver prices fell by Rs. 50 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs. 283,500 per tola, while silver is priced at Rs. 3,930 per […]

#gold #silver #kathmandu

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Flower traders in Kanchanpur optimistic as advance orders rise ahead of Tihar

Business & Economy

2w ago

Flower traders in Kanchanpur optimistic as advance orders rise ahead of Tihar

KANCHANPUR: Flower traders in Kanchanpur are optimistic as advance orders for flowers begin to arrive ahead of the Tihar festival. After facing losses in previous years due to a lack of markets and flowers rotting in their fields, local flower growers have welcomed the early demand this year. Sirjana Joshi of Bhimdatta Municipality-1, who has […]

#flower #kanchanpur #tihar

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