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.

UM two-wheelers offers test rides in Kathmandu valley

Published On: June 25, 2016 12:05 AM NPT By: Republica

KATHMANDU, June25: IME Automotives, the authorized distributor of UM two-wheelers for Nepal, is offering bike lovers a chance to test ride UM bikes.

Gold becomes dearer by Rs 3,000 per tola

Published On: June 24, 2016 05:40 PM NPT By: Republica

Kathmandu, June 24: The price of gold increased by Rs 3,000 per tola in the Nepali market Friday and was traded at Rs 59,000.

KATHMANDU, June 24: Fourteen industries within the British Virgin Islands have received approval from the Nepal government to invest in various sectors in Nepa

Carlsberg winners travel to France to watch UEFA EURO 2016

Published On: June 24, 2016 12:23 PM NPT By: Republica

KATHMANDU, June 24: Under the promotional campaign of Carlsberg ‘Live it LIVE’, eight more winners travelled to France to watch Iceland vs Austria match live on June 22.

Food Fair 2016 from today

Published On: June 24, 2016 09:05 AM NPT By: Republica

KATHMANDU, June 23: Department of Food Technology and Quality Control (DFTQC) is organizing Food Fair 2016 at Bhrikuti Mandap Exhibition Hall from Friday

Laxmi Capital appointed Siddhartha Bank's issue manager

Published On: June 24, 2016 09:00 AM NPT By: Republica

KATHMANDU, June 23: Laxmi Capital Market Ltd has signed an agreement to work as the issue manager for Siddhartha Bank Ltd.