Nepse inches lower in the week after fizzled recuperation endeavor

Neighborhood values opened the week on a delicate note as the Nepal Stock Exchange (Nepse) file dropped in excess of 10 on Sunday. Monday saw an addition of 7.41 focuses yet the list surrendered the majority of its increases on Tuesday as it pared 7.17 focuses. The auxiliary market, in this manner, made an unassuming
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Bulky expense documenting process is one of the real obstacles for organizations and new businesses in the nation, as indicated by business people partaking in the “fifth Young Entrepreneur Summit – Women 2019” held in Kathmandu on Friday. Bringing up to the perplexing expense documenting procedure of the nation, they likewise said that the absence
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Dairy industrialists have encouraged the legislature not to open entryways for Foreign Direct Investment (FDI) in the dairy segment, expressing that the nation was headed to getting to be self– adequate in dairy items. The dairy ventures’ worry came because of the Foreign Investment and Technology Transfer (FITT) Act Amendment Bill 2019 sent by the
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Former Prime Minister and Chairman of Communist Party of Nepal Pushpa Kamal Dahal ‘Prachanda’ on Saturday stated that modernisation, mechanisation and commercialisation of agriculture have been the foundation of prosperity of Nepal. Inaugurating the Bhaktapur Vegetables and Fruits Market here today, Dahal pressured the need of growing agriculture manufacturing and create jobs in the agriculture sector with the use of applied sciences to achieveeconomic prosperity that was the primary agenda of kingdom and the government. “There is no alternative to promoting agriculture based totally industries and growing the agricultural plants for the country’s
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A month and a 1/2 because the ideally suited courtroom requested the nepal investment bank limited to keep the account of ajeya raj sumargi “as it was”, the financial institution is struggling to retrieve the money the debatable businessman had withdrawn after an period in-between order of the court docket. Sumargi had withdrawn almost all
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An extension connecting Madhyapur Municipality-4 in Thimi and Suryabinayak Municiplaity-4 in Dhadhikot has been initiated here today. Legislator Mahesh Basnet established the framework stone for the scaffold to be worked over the Hanumante River. At the initiation program sorted out by Madhyapur Thimi Municipality and Suryabinayak Municipality, legislator Basnet shared around twelve of scaffolds was
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The Nepal Electricity Authority (NEA) has, in the first five months of the current fiscal year, signed the power purchase agreement (PPA) with 52 hydropower projects. According to NEA Spokesperson Prabal Adhikari, the total capacity of such projects is 1,051 megawatts. All of the projects are private sector investments, and their promoters have been urged
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The Directorate of Revenue Intelligence, India, has captured two Nepalis with 33 kilograms of undeclared gold from West Bengal, which Nepali specialists said could be the valuable metal that had vanished strangely. The DRI stated, “based on explicit knowledge, its officers blocked a Maruti Swift VXI vehicle with two tenants — Nepali residents Rakesh Prasad
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Prime Minister KP Sharma Oli has unveiled the contribution-based social security scheme for formal sector workers amidst a special programme in the capital city today. According to the Ministry of Labour, Employment and Social Security, the scheme will compulsorily be applied for formal sector workers and the government will soon launch the scheme for informal
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A 4-kilometre-long tunnel of the under-construction Nyadi Hydropower Project at Marshyangdi rural municipality has been completed by the project’s contractor Zhejiang Hydropower Construction and Installation Company (ZHCIC). According to Project Chief Uttam Amatya, the tunnel was built over 16 months since the inception of the project. At present, a 776-metre-long pen-stock pipe is also being
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