Qatar Airways hosts Ramadan dinner

Published On: June 27, 2016 12:15 AM NPT By: Republica

KATHMANDU,June27: Qatar Airways recently observed the holy month of Ramadan by hosting a dinner with a secular congregation at Hotel Yak & Yeti.

Lenovo reduces price of smartphones

Published On: June 27, 2016 12:10 AM NPT By: Republica

KATHMANDU, June27: LifeCom Private Limited, the authorized distributor of Lenovo smartphone for Nepal, has announced a cut in price of selected smartphones.

Nepse closes at record high of 1,666 points

Published On: June 26, 2016 02:40 AM NPT By: Republica

KATHMANDU, June 25:Nepal Stock Exchange (Nepse) index jumped 44.02 points this week to close at yet another high of 1,666.29 points on Thursday--the last trading day of the week.

NRB releasing bonds worth Rs 10 billion rupees Sunday

Published On: June 25, 2016 05:46 PM NPT By: Republica

KATHMANDU, June 25: The Nepal Rastra Bank is issuing NRB bond worth Rs 10 billion in the market on Sunday.

NEPSE Week: trade of above 7 billion

Published On: June 25, 2016 04:41 PM NPT By: Republica

KATHMANDU, June 25: Nepal Stock Exchange (NEPSE) index increased by 44 points to reach 666.99 this week. More than 11 million units of shares worth Rs. 7.82 billion of 147 listed companies were traded, according to NEPSE.

Rupee weakens, gold glitters on Brexit

Published On: June 25, 2016 04:10 AM NPT By: Republica

KATHMANDU, June 25:Nepali rupee lost 20 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback. Gold price, on the other hand, went up by Rs 1,745 per 10 grams over the week.

Lending outpaces deposit mobilization

Published On: June 25, 2016 01:58 AM NPT By: Republica

KATHMANDU, June 25:After a long slowdown, loan mobilization by banks is finally moving upward in recent months.

KATHMANDU, June 25:The effects of the United Kingdom's referendum vote to leave the European Union are yet to be felt in Nepal, apart from a jump in the price of gold in the local market. The yellow metal rose Rs 3,000 per tola on Friday soon after the Brexit poll results came out.

IME Automotives celebrates 8th anniversary

Published On: June 25, 2016 12:12 AM NPT By: Republica

KATHMANDU,June25: IME Automotives, the automobile trading subsidiary under IME Group and authorized distributor of Escorts brand of construction equipment for Nepal, has celebrated its 8th anniversary on Friday.

Mahindra's new service center in Sitapaila

Published On: June 25, 2016 12:12 AM NPT By: Republica

KATHMANDU,JUNE25: Agni Group, the authorized distributor of Mahindra vehicles for Nepal, has opened its new service center -- Pranam Automobiles -- in Sitapaila.