Markets


Price of petroleum products up Wednesday, January 1st, 2020

KATHMANDU: Nepal Oil Corporation has adjusted the price of petroleum products to be effective from this mid night. The NOC adjusted the price of petroleum products by increasing the price of petrol, diesel and kerosene oil by Rs 2 per litre. However, price of aviation fuel and LP gas has not been..

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NEGJA expo to promote Nepal jewels in global market Tuesday, December 31st, 2019

KATHMANDU: Nepal Gem and Jewellery Association (NEGJA) has planned the third ' Nepal Gems and Jewelry Expo' in the central capital next month. The expo will be taking place on January 10-12 and it aims to promote Nepal ornaments in the global market. Vice President Nanda Bahadur Pun is scheduled..

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Sugarcane farmers from Sarlahi organize demo at Maitighar Monday, December 30th, 2019

KATHMANDU: Sugarcane farmers from Sarlahi have organized a protest demonstration in Kathmandu citing the sugar mills have not yet paid them the money for the sugarcane they sold to the mills. The farmers said that Annapurna Sugar Mill Dhanakaul and Mahalaxmi Sugar Pvt Ltd of Sarlahi have not paid..

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Two big commercial banks- Global IME Bank, Janata Bank- merge Friday, December 6th, 2019

KATHMANDU: Two big 'A' class commercial banks -Global IME Bank and Janata Bank- have officially merged into the Global IME Bank on Friday. The Monetary Policy for the fiscal year 2019/20 has adopted the policy to encourage the merger and acquisition process for the banks and financial institutions..

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Ncell To Expand Services Targeting Business Houses Wednesday, December 4th, 2019

KATHMANDU: Telecommunication service provider Ncell is introducing new services targeting business enterprises by using its network and infrastructure. Sushil Bista, enterprise head of Ncell, said that Ncell was introducing Ncell Data Centre service, vehicle tracking system and field force..

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Rs 2 increment per liter in petrol, diesel in Nepal Monday, December 2nd, 2019

KATHMANDU: Nepal Oil Corporation (NOC) has increased Rs 2 per liter in the price of petrol and diesel coming into effect from this midnight. The price increment follows increment in the international market, said the NOC. Despite increment in the international market four months ago, NOC did not..

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FMTC to purchase 30,000 metric tonnes of paddy in first phase Wednesday, November 13th, 2019

KATHMANDU: The Food Management and Trade Company (FMTC) is to purchase 30,000 metric tonnes of paddy this year. Chief Executive Officer of the Company, Shreemani Raj Khanal, said that with the determination of price of paddy by the government, the Company is going to purchase 30,000 metric tonnes..

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Jumla supplies 6,500 metric tons apple Monday, October 21st, 2019

Bijaya Raut, KHALANGA: Jumla alone has supplied 6,500 metric tons of apples amounting around Rs 342 million. Balakram Devkota, Chief, District Agriculture Development Office, said Jumla has exceeded financial income from the sale of apples in comparison to past two years. The apple transaction..

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7th ‘Made in Nepal’ Expo kicks off Friday, September 27th, 2019

KATHMANDU: The seventh 'Made in Nepal' expo kicked off in Lalitpur on Friday. The two-day event was inaugurated by Minister for Industry, Commerce and Supply, Matrika Prasad Yadav. On the occasion, Minister Yadav said the expo had given example that youths could invest for the productive sectors..

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Price of aviation fuel, LP gas reduced Friday, September 20th, 2019

KATHMANDU: Nepal Oil Corporation has reduced the price of aviation fuel and LP gas. The NOC slashed the price of aviation fuel by 50 US dollar per kilolitre for the international flight and Rs 25 in LP gas to be effective from this mid night. Now, the price of aviation fuel per kilolitre is 1,000..

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Gold price declines in Nepal Friday, August 30th, 2019

KATHMANDU: Gold price declined by Rs. 1,000 per tola in the domestic market, Friday. The gold traded at Rs. 72,400 per tola (11.339 grams) today. On Thursday, the price of gold was Rs. 73,400 per tola. The price of gold had reached Rs. 75,500 per tola on Monday which was the record highest price..

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Gold price decreases by Rs. 900 per Tola Tuesday, August 27th, 2019

KATHMANDU: Gold prices have decreased by Rs. 900 per Tola on Tuesday. The price of gold had gone up to Rs. 73,500 on Monday with a hike of Rs. 1,000 per Tola.  This has decreased to Rs. 72,600 per Tola on Tuesday, confirms Nepal Gold Exchange Traders Federation. The federation says the price of..

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