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MARKET WATCH
Nov 1,2014
NEPSE
930.21  -  1.22
CRUDE OIL(/BARREL)
78.69  -  0.38
USD/NPR
98.48  -  -0.15
GOLD(NPR / 10g)
43295  -  -1885
SILVER(NPR / 10g)
596  -  -43
Home » News
1/11/2014
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FINANCIAL NEWS  >>
LATEST FROM MARKET PULSE  arrow
The allotment of ‘NMB Sulav Investment Fund-I’ -promoted by the NMB Bank and operated by Bank’s subsidiary NMB Capital Limited has been done.According to the of...  [more...]
The allotment of ‘NMB Sulav Investment Fund-I’ -promoted by the NMB Bank and operated by Bank’s subsidiary NMB Capital Limited- took place today. According t...  [more...]
Nepal Stock Exchange on Sunday suspended the trading of 59 companies for their failure to pay annual renewal fees, but lifted the suspension on two companies after they paid the ...  [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
The Insurance Board (IB) has formally allowed insurance companies to invest up to five percent of their total investment in the productive sector or shares of public limited comp...  [more...]
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...]
LATEST FROM REMITTANCE  arrow
Global IME Bank Ltd and IDBI Bank of India have signed a Memorandum of Understanding to facilitate remittance services between Nepal and India. Global IME CEO Ratna Raj Bajrac...  [more...]
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...]
LATEST FROM FOREX/COMMODITY  arrow
The price of gold increased slightly, while that of silver dipped marginally during the week — October 8 to 10. Gold price went up by Rs 100 per tola to Rs 51,700 in the...  [more...]
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...]
LATEST FROM REAL ESTATE  arrow
The real estate business is likely to continue its upward trend in the current fiscal year. In the first two months of the current fiscal year, the government’s revenue fro...  [more...]
"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...]
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