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Year of economic ‘boom’ but challenges for retaining sustainable and rapid growth

2017-04-21, rss,ktm – Mahendra Subedi/ Kathmandu  The country’s economy turned ‘astounding’ in the fiscal year 2016/17, thanks to regular power supply and subsequent expansion of the industrial output, regular monitoring of the development projects, efforts for good governance, favourable climatic condition, sufficient rainfall resulting in the record high paddy production …

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NEPSE applies circuit breaker to control unusual surge

2017-03-29, rss np The Nepal Stock Exchange (NEPSE) has today put the circuit breaker following an unusual surge in the domestic share market. The unexpected increment in the share market prompted the NEPSE to apply the circuit breaker. According to the NEPSE, 2.598 units of share worth Rs 1.39 billion …

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Investment Bank reports 2.3 million missing

2017-02-13, RSS NP Nepal Investment Bank has filed a complaint before the police about Rs. 2.3 million missing from its coffers. A complaint has been received stating that the amount went missing with the involvement of the bank’s staff, said Chief of District Police SP Arjun Chand. Necessary investigation has …

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NAC to bring two aircraft from China by Saturday

2017-01-24, RSS – NP The two aircraft the national flag-carrier, Nepal Airlines Corporation, received in loan assistance from China are to be brought here by coming Saturday. The Chinese side has already expressed commitments in writing with the NAC regarding the supply of spare parts and other technical issues, according …

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Shares worth more than one billion traded

2017-01-22, RSS Transaction worth Rs. 1.85 billion took place in the share market this week. According to Nepal Stock Exchange Limited (NEPSE), a total of 11.3 million units of shares of 131 companies were traded. The transaction amount is 6.96 per cent higher than the previous week. Shares of 148 …

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Nepse in free fall as market observes excessive selling pressure

2016-11-20, RSS The Nepse benchmark index plunged 58.46 points, or 3.53 percent, to close at 1,599.62 points. The market remained volatile thorough out the trading day as panicked investors, with no apparent reasons, scrambled to offload their shares. KATHMANDU, Nov 20: Nepal Stock Exchange (Nepse) benchmark index nosedived 44.53 points on …

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