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Jul 26,2016
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78.69  -  0.38
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Home » News
26/7/2016
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FINANCIAL NEWS  >>
LATEST FROM MARKET PULSE  arrow
Tax payers, who are filing different financial reports at different agencies, may soon come under the government’s radar as Nepal Rastra Bank (NRB) and Inland Revenue Depar...  [more...]
The Institute of Chartered Accountants of Nepal (ICAN) and commercial banks may be at the brink of a major showdown as it seems certain that class ‘A’ financial insti...  [more...]
The Securities Board of Nepal (SEBON), the securities market regulator, has reduced brokerage fees on share and bond transaction by up to 60 per cent.From now onwards, stockbroke...  [more...]
LATEST FROM STOCKS  arrow
National Microfinance Bittiya Sanstha Limited (NATIO)  will be floating its Initial Public Offering (IPO) of 3, 00,000 unit shares worth Rs 3 crore from Shrawan 16, 2073. ...  [more...]
United Modi  Hydropower Limited will be coming out with its IPO issue in near future. The company will be floating 28,75,000 unit ordinary shares. The company has already...  [more...]
Dibyaswori Hydropower Company Limited has received final approval from Securities Board of Nepal (SEBON) to issue Initial Public Offering (IPO) worth Rs 3.96 crore. As per the...  [more...]
LATEST FROM INSURANCE  arrow
Non-life insurance companies have settled 42.38 per cent of the claims related to the devastating earthquakes of April and May, which regulators say is ‘satisfactory’...  [more...]
The Insurance Board (IB) will not be able to regulate insurance companies if provisions in the draft constitution are implemented as they are. Such a cutback in power of the c...  [more...]
The Insurance Board (IB) has moved to raise the paid-up capital requirement for insurance companies. The increase will help insurers to meet a huge amount of liabilities thereby ...  [more...]
LATEST FROM REMITTANCE  arrow
Remittance growth plummeted sharply over the months last fiscal, as spending capacity of the oil exporting countries declined along with rampant fall in oil prices since last yea...  [more...]
Remittance growth has slowed down over the last couple of months this fiscal as the rampant fall in oil prices since last year has adversely affected the spending of the governme...  [more...]
If remittance entering the country were to drop by 10 percent, Nepal’s annual economic growth could drop by up to 3 percentage points compared to baseline forecasts, says a...  [more...]
LATEST FROM FOREX/COMMODITY  arrow
Gold and silver prices increased marginally — by Rs 100 and five rupees per tola, respectively — in the week of July 3 to 8. Bullion price remained more or less st...  [more...]
The strengthening of the US dollar and expectations of the US central bank raising the interest rate next month after nearly a decade weighed on the price of precious metals toda...  [more...]
The price of both gold and silver declined by Rs 1,100 and Rs 10 per tola, respectively, over the week, from November 1 to 6. The market opened on Sunday with gold price fixed...  [more...]
LATEST FROM REAL ESTATE  arrow
The government is set to deny permits to build new houses on plots smaller than 2.8 annas while roads in residential areas have to be a minimum of six metre wide, according to ne...  [more...]
After facing huge loss of human settlements and lives owing to haphazard urbanisation on April 25 earthquake, the budget for the fiscal year 2015-16 has adopted various measures ...  [more...]
The Parliamentary Agriculture and Water Resources Committee has cleared the way for implementation of the amended Lands Act 2021 (1964) that had long been under serious debate. ...  [more...]
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