- Monday, 8 August 2022
Fuel demand in Province 1 drops by half
he sale of petroleum products from Nepal Oil Corporation, Provincial Office, Biratnagar has decreased by almost half in the last 10 days. Although only half of the fuel was sold by the Corporation compared to the past, no problem was seen in the market.
Potato, onion worth above Rs. 14 billion imported
Every year, the country has been spending billions of rupees to import potatoes and onions to meet the local demand. Potatoes and onions worth Rs. 14.53 billion were imported in the last fiscal year 2021/22, according to annual statistics of the Department of Customs.
Daily NEPSE turnover nears Rs. 5 billion
With the increase in the benchmark of share market index, NEPSE, the daily turnover has also been increasing over the days. Daily turnover of NEPSE increased to Rs. 4.97 billion on Thursday. It was the highest turnover in last five and a half months. The turnover had recorded
SEBON to increase number of share brokers and stock dealers
The Securities Board of Nepal (SEBON) has unveiled its Policy and Programmes on Securities and Commodities Market for Fiscal Year 2022/23, with plans of expanding the number of share brokers and stock dealers.
Inflation will remain at 14% till next three months: Survey
Nepal Rastra Bank (NRB) has released the results of Inflation Expectations Survey (IES) for the fourth quarter of fiscal year 2021/22. The survey was conducted during July 4 to July 11, 2022 among individual respondents from 31 market areas of
Monetary policy timely, but implementation challenging: CBFIN
Confederation of Banks and Financial Institutions Nepal (CBFIN) has said that the monetary policy has adopted timely policies to bring the economy back on the right track. Presenting the view over the monetary policy, the CBFIN said that monetary policy has adopted strict policies to maintain economic and financial stability and bring back the declining economy to the right track in order to facilitate the current situation where Nepal's economy is becoming uncomfortable as the important indicators of the economy are moving towards the negative direction.
Global IME bank earns Rs. 5.2 billion in FY 2021/22
Global IME Bank Limited has earned a profit of Rs. 5.2 billion in the last fiscal year 2021/22 The profit of the bank was 25 per cent higher in the last fiscal year than the previous fiscal year.
Financial sector illiberal towards agriculture: NRB
Financial institutions are seen to be tightfisted when it comes to the agricultural production sector. This is stated in the Monetary Policy for the Fiscal Year 2022/23 Nepal Rastra Bank unveiled on Friday.
