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MARKET WATCH
Oct 2,2014
NEPSE
937.99  -  0.68
CRUDE OIL(/BARREL)
78.69  -  0.38
USD/NPR
98.88  -  -0.22
GOLD(NPR / 10g)
44240  -  0
SILVER(NPR / 10g)
639  -  0
Home » News
2/10/2014
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FINANCIAL NEWS  >>
LATEST FROM MARKET PULSE  arrow
NMB Bank, Pathibhara Development Bank and Bhrikuti Development Bank on Monday signed a merger agreement. As per merger bylaws, they are required to complete their union within th...  [more...]
With private commercial banks highly concentrated in urban areas, non-banking financial institutions such as micro finance financial institutions (MFFIs) along with licensed coop...  [more...]
Nepal Stock Exchange (Nepse) jumped 28.81 points to close at 912.32 points last week. The turnover, however, fell 16.53 percent to Rs 1.55 billion. The market opened at 883.51...  [more...]
LATEST FROM STOCKS  arrow
NMB Bank has announced 21.05 percent dividend (20 percent bonus share and rest cash dividend) to its shareholders. Bank at its recent board meeting made the decision subject to a...  [more...]
Nepal Stock Exchange (Nepse) index went down by 2.26 points this week to close at 899.89 points on Thursday -- the last trading day of the week. Stock brokers term it as norma...  [more...]
Nepal Investment Bank Limited (NIBL) has proposed 40 percent dividend (25 percent cash and 15 percent stock dividend), subject to the approval of the Nepal Rastra Bank and the up...  [more...]
LATEST FROM INSURANCE  arrow
Insurance companies from now onwards cannot distribute more than 20 per cent of the profit as cash dividend. The Insurance Board (IB), the insurance sector regulator, put a ca...  [more...]
Plans to bar them from extending dividends to shareholders this fiscal as well The Insurance Board (IB) seems to be doing very little against companies that have failed to mee...  [more...]
Insurance companies can now sell their micro-insurance policies through agents and local organizations enabling them to reach a wider customer base, according to a Micro-Insuranc...  [more...]
LATEST FROM REMITTANCE  arrow
The remittance growth rate has fallen drastically in the first month of the current fiscal year, raising suspicion that formal banking channel may be losing its efficiency, which...  [more...]
The Western Union has announced a weekly promotion offering consumers to double their received money on the occasion of its twentieth anniversary of providing international money t...  [more...]
The migrant workers abroad are sending home about Rs 1.5 billion on an average each passing day. Nepal has received Rs 397.8 billion so far in last nine months since the fiscal ye...  [more...]
LATEST FROM FOREX/COMMODITY  arrow
After continuous fall more than one and half months, gold price has started to climb up. Price of the yellow metal has gone up by Rs 2,315 per 10 grams over the past fortnight. On...  [more...]
Nepali rupee gained 47 paisa against US dollar over the week as the Indian currency, with which the local currency is pegged, strengthened against the greenback. On the other hand,...  [more...]
Gold has lost Rs 2,300 per tola over a week in the domestic market on plunging prices in the international market. According to the Federation of Nepal Gold and Silver Dealers&rsq...  [more...]
LATEST FROM REAL ESTATE  arrow
"Real estate developers don’t feel the need for lavish festive offers to push sales" Unlike previous years, real estate developers have not introduced exciting...  [more...]
The government’s revenue from property transactions surged more than 50pc to hit record high of Rs 7.81 billion in 2013-14. Land Revenue Offices (LROs) had collected Rs 5.2...  [more...]
"Implementation of plans and programmes and timely spending of development budget will determine overall result" At a time when the real estate sector was pinning ho...  [more...]
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