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MARKET WATCH
Aug 20,2014
NEPSE
1000.97  -  -12.65
CRUDE OIL(/BARREL)
78.69  -  0.38
USD/NPR
97.39  -  -0.13
GOLD(NPR / 10g)
46295  -  -175
SILVER(NPR / 10g)
686  -  0
Home » News
20/8/2014
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FINANCIAL NEWS  >>
LATEST FROM MARKET PULSE  arrow
Agriculture Development Bank Limited (ADBL) has been forced to cancel internal examination for the promotion of staffers due to the protest launched by the UCPN (Maoist)-aligned ...  [more...]
After failing to address the situation of excess liquidity in the banking system with existing monetary instruments, Nepal Rastra Bank (NRB) has introduced “deposit collect...  [more...]
Commercial banks saw their profit growth rate fall last fiscal year. Net profit growth rate of 28 commercial banks that have published their unaudited quarterly reports stands...  [more...]
LATEST FROM STOCKS  arrow
Nepal Stock Exchange (Nepse) has started taking strong action against brokerage firms who fail to complete cash settlement in time. On Sunday, Nepse suspended four brokerage f...  [more...]
The stock market saw greater fluctuations in the week — July 20 to 24 — hinting towards the possibility of the market stabilising after hefty gains in recent weeks. ...  [more...]
The country’s only secondary market set another record this week.Average daily turnover at Nepal Stock Exchange (Nepse), had been hovering at around Rs 400 million in Fisca...  [more...]
LATEST FROM INSURANCE  arrow
The Ministry of Finance has started an investigation into possible irregularities at the Insurance Board (IB). A minister-level decision on July 20 formed a probe committee un...  [more...]
The Insurance Board (IB) has decided to permit micro-insurance under which insurance companies will be able to offer coverage of less than Rs 25,000. The IB plans to issue a direc...  [more...]
Nepal’s insurance sector will see an addition to the existing number of insurance companies with the state-run insurer readying to register a separate company for its non-lif...  [more...]
LATEST FROM REMITTANCE  arrow
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...]
Civil Bank and Al Ansari Exchange of the United Arab Emirates (UAE) have signed an agreement to provide convenient and reliable remittance service to their customers. According to ...  [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
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...]
The Ministry of Urban Development (MoUD) has formed a commission to investigate cases of scam in the housing sector and look into problems faced by those living in housing and apar...  [more...]
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