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NEPSE: Share market surpasses 2200 points after one year

NEPSE: Share market surpasses 2200 points after one year
11 July, Kathmandu: The Nepali share market has achieved a significant milestone by surpassing the 2200-point mark for the first time in nearly a year. On Thursday, the NEPSE index closed at 2204 points, marking the first time since July 23 last year that the market crossed this threshold. Compared to the previous day, the NEPSE index saw an increase... Read More

Nabil Bank bagged Platinum Infosys Finacle Innovation Award 2024

Nabil Bank bagged Platinum Infosys Finacle Innovation Award 2024
07 June, KATHMANDU: Nabil Bank Limited has bagged thePlatinumAward in Infosys Finacle Innovation Award 2024 under theProcess Innovation Categoryfor theTransforming Onboarding, Loan Processing, and Trade Finance.Nabil Bank was selected as the winner out of over 200 nominations across 10 different categories. Expressing his gratitude, Chief Executive Officer (CEO) of the bank, Gyanendra Prasad Dhungana, said, “This international recognition underscores our... Read More

Price of yellow metal sets new record, trading at Rs 142,200 per tola

Price of yellow metal sets new record, trading at Rs 142,200 per tola
31 May, Kathmandu: Price of yellow metal has recorded an all-time high and is being traded at Rs 142,200 per tola (11.66 grams) in the domestic market today. According to the Federation of Nepal Gold and Silver Dealers Association, the price of hallmark gold has increased by Rs 1,700 per tola and determined at Rs 142,200. It was traded at... Read More

Stock market drops after budget announcement; turnover increases

Stock market drops after budget announcement; turnover increases
29 May, Kathmandu: The stock market fell the day after Finance Minister Barshman Pun announced the budget for the next financial year 2024/25. The NEPSE index decreased by 23.81 points (1.12 per cent) today compared to the previous day. Though the NEPSE index decreased, the turnover increased. The turnover of Rs 3.89 billion the previous day rose to Rs 4.57 billion today.... Read More

BYD rolled off its 7 Millionth New Energy Vehicle

BYD rolled off its 7 Millionth New Energy Vehicle
21 May, KATHMANDU: On March 25th, BYD, renowned as the world’s foremost manufacturer of new energy vehicles and power batteries, celebrated a historic achievement by rolling off its 7 millionth new energy vehicle, the DENZA N7, at its Jinan factory in China. This milestone marks BYD as the world’s first automaker to reach such a remarkable production feat, signaling yet... Read More

NEPSE Index rises by 27.54 points, reaches 2092

NEPSE Index rises by 27.54 points, reaches 2092
20 May, Kathmandu: On Monday, the NEPSE index of the stock market increased by 27.54 points, bringing NEPSE to 2092 points. During afternoon trading, the market reached 2121 points at 12:23 pm before stabilizing slightly. The transaction amount was also significant, rising from Rs 5.25 billion the previous day to Rs 5.85 billion today. A total of 135 companies increased... Read More