The banana farmers have been complaining that they are getting only Rs 60 per dozen of banana. Market price of banana has surpassed around Rs 200.
The private sector has urged the government to create investment-friendly environment.
Nepal Rastra Bank (NRB) has to absorb Rs 120 billion through deposit collection today.
Nepal Rastra Bank (NRB) has absorbed Rs 40 billion from the financial market today. The central bank sucked up the excess liquidity for the period of six months bidding through deposit collection auction.
Amar Baniya, chairperson of Nepal Fruits Wholesalers Association, attributed the price hike of banana to much less supply than the demand of banana in the market. He clarified that price hike is not artificial.
“First, China is far from the epicenter of geopolitical tensions and is not directly involved. As a result, Chinese assets are unlikely to face physical disruption from conflict. Second, China maintains ample oil reserves, providing a buffer against potential supply shocks. Third, China possesses a fully integrated and robust industrial supply chain.
Inaugurating the 34th annual general assembly of Kanchanpur Chamber of Commerce and Industry here today, Dhakal argued the concept that the private sector was there only to make profit should be changed. He argued that the privates sector's contribution to the nation's gross domestic product (GDP) is high and it is the private sector that makes contribution to the infrastructure development.
The China-Europe Railway Express handled a total of 5,460 train trips from January to March, with the goods transported reaching 546,000 twenty-foot equivalent units (TEUs), up 29 percent and 22 percent year on year respectively, data from China State Railway Group Co., Ltd. showed on Thursday.
Nepse Index up 5.36 point to 2838.40 today. As the market improved, the Index of 108 companies advanced up meanwhile 150 companies declined.
Nepse Index fell by 33.83 point to 2833.03 today. As the Index decreased, stock of 236 companies fell only 31 got up.
Nepse Index up by 33.27 point to 2866.87 today. As the Nepse Index rise up, 221 companies advanced up and 45 companies down.
Kathmandu Metropolitan City is set to start night passenger bus service from today. The bus service will start from Pulchowk at 7:00 pm.