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MARKET WATCH
Jan 30,2015
NEPSE
986.66  -  -1.41
CRUDE OIL(/BARREL)
78.69  -  0.38
USD/NPR
99.28  -  0.72
GOLD(NPR / 10g)
45870  -  -255
SILVER(NPR / 10g)
613  -  -21
Home » News
30/1/2015
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FINANCIAL NEWS  >>
LATEST FROM MARKET PULSE  arrow
In what will be the first acquisition of a commercial bank in the country, Prabhu Bank Ltd on Thursday decided to acquire the ailing Grand Bank Ltd. Prabhu Bank´s Chairm...  [more...]
IFC, a member of the World Bank Group, has agreed to provide a $5 million trade finance facility to NMB Bank Ltd under its Global Trade Finance Program. IFC´s Nepal Resi...  [more...]
Nepal Rastra Bank (NRB) on Monday declared Dharan-based Arun Finance as being crisis-ridden after its financial condition deteriorated despite its instruction to take corrective ...  [more...]
LATEST FROM STOCKS  arrow
Nepal Stock Exchange (Nepse) plunged 12.65 points on Tuesday to close at 962.80 points. The benchmark index had went up by 30.09 points on Monday, as investors, encouraged by ...  [more...]
The National Banking Institute (NBI) has announced 15 percent cash dividend to its shareholders, following a decision at its sixth annual general meeting. Meanwhile, the meeting ...  [more...]
News of political parties working in conjunction to forge consensus on disputed issues of the constitution fuelled investor optimism, with the Nepal Stock Exchange (Nepse) ind...  [more...]
LATEST FROM INSURANCE  arrow
Shareholders of insurance companies will have to take the Insurance Board’s (IB) approval to sell or buy more than 1 percent stake. Officials said the IB adopted such an...  [more...]
RUDRA PANGENI Beema Samiti has decided to give a new lease of life to NB Insurance Co Ltd after a new group of promoters came at the helm of the troubled non-life insurance comp...  [more...]
Nepal has got its first reinsurance company, which is expected to help curb massive fund outflows for reinsurance purposes. The company, which has a paid-up capital of Rs 2.1 ...  [more...]
LATEST FROM REMITTANCE  arrow
The country continued to witness sluggish growth in remittance in the fifth month, as in the previous months of this fiscal 2014-15, with a mere 2.7 per cent increase compared to...  [more...]
Negligible growth seen in remittance income in the first four months of the current fiscal year has worried Nepal Rastra Bank (NRB), as the central bank fears continuity of this ...  [more...]
Money transfer agencies are still leaders when it comes to bringing in remittance despite the involvement commercial and development banks in the business, a Nepal Rastra Bank (N...  [more...]
LATEST FROM FOREX/COMMODITY  arrow
Commercial banks can now sell gold directly to gold traders and jewellery shops if the private sector umbrella bodies fail to recommend the names of buyers within 15 days of issu...  [more...]
Gold and silver became more expensive as their price went up by Rs 200 and five rupees per tola over the week, from January 4 to 9. The market opened on Sunday with gold price...  [more...]
The price of gold and silver went down by Rs 400 and Rs five per tola, respectively, over the week — December 28 to January 2. The market opened on Sunday with gold pric...  [more...]
LATEST FROM REAL ESTATE  arrow
The overall land and house registration revenue collection in the first quarter of this fiscal year increased by 35 per cent as compared to the fiscal year 2013-14. According to ...  [more...]
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...]
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