Let's all use electric vehicles: Ghising

Published On: March 13, 2023 07:56 PM NPT By: Republica

KATHMANDU, March 13: Managing Director of Nepal Electricity Authority (NEA) Kulman Ghising has called upon everyone to use electric vehicles.

PPMO blacklists two dozen companies

Published On: March 13, 2023 07:02 PM NPT By: Republica

KATHMANDU, March 13: The Public Procurement Monitoring Office (PPMO) has blacklisted two dozen companies for delaying the construction works against the contracts signed with various public agencies.

KATHMANDU, March 13: Nepal Stock Exchange (Nepse) on Monday plunged 24.68 points to close at 1,951.21 points.

March 13: State regulators closed New York-based Signature Bank (SBNY.O) on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank (SIVB.O) in a collapse that stranded billions in deposits.

Gold price increases by Rs 600 per tola

Published On: March 13, 2023 11:01 AM NPT By: Republica

KATHMANDU, March 13: The price of gold has increased by Rs 600 per tola in the domestic market today.

KATHMANDU, March 13: Nepal gained net foreign currency earnings of US $ 200 million in the past one month during mid-January and mid February, mainly due to a notable rise in the remittance earnings of the country.

KATHMANDU, March 12: Consumer price index increased marginally in the past one month during mid-January and mid-February, mainly due to the rise in prices of non-food items and services.

KATHMANDU, March 12: Nepal Stock Exchange (Nepse) on Sunday plunged 26.80 points to close at 1,975.89 points.

Forex reserves improve in first seven months of current FY

Published On: March 12, 2023 05:15 PM NPT By: Republica

KATHMANDU, March 12: A significant improvement has been noticed in the country's foreign currency reserves in the first seven months of the current fiscal year.

KATHMANDU,  March 12: Both export and import have decreased in the first seven months of the current fiscal year 2022/23. This is stated in the Current Macroeconomic and Financial Situation, based on seven months' data ending mid-February, released by Nepal Rastra Bank (NRB) today.