IME and GME Remittance merge, launch joint operations as IME Limited

1 year ago

Kathmandu, August 14: The merger of Nepal's pioneering remittance companies IME and GME began operations on Wednesday, marking a new chapter in the industry. Following the merger, the combined entity...

Rolls-Royce secures engine deal for aircraft fleet

1 year ago

Hong Kong-based Cathay Group has ordered a number of A330neo aircraft George Torr, August 14: Rolls-Royce has won a significant deal to supply dozens of engines for a new...

China firm claims world's fastest-charging EV battery

1 year ago

Deliveries of the new 2025 Zeekr 007 sedan are set to begin next week BBC Business, August 14: Chinese car maker Zeekr says its new electric vehicle (EV) batteries...

Corruption case disrupts Nepal Airlines’ new aircraft purchase

1 year ago

Kathmandu, August 14:  The procurement process for three Twin Otter aircraft initiated by Nepal Airlines Corporation has been halted. This interruption follows allegations of corruption amounting to approximately 1.5 billion...

Nabil, Global IME, and more banks join this year's NADA Auto Show

1 year ago

Kathmandu, August 13: Five banks and financial institutions will participate in this year's NADA Auto Show 2024. According to the NADA Automobile Association of Nepal, the event will feature two...

Siddharth Bank's discount deal: Save on stay and dine at Aagantuk Resort

1 year ago

Kathmandu, August 13: Siddharth Bank has signed an agreement with Aagantuk Resort to offer discounts on various services for the bank's customers. Under the agreement, bank customers can receive...

Nepal Life Insurance sees 18.97% boost in interest income, profits skyrocket

1 year ago

Kathmandu, August 13: Nepal Life Insurance reported a net profit of Rs 51.39 crore for the last financial year. This is a notable increase from the previous financial year...

Gold price sets new record, trading at 150,800 per tola

1 year ago

Kathmandu, August13: Following a rise in gold price in the international market, the price of gold has reached an all-time high in the domestic market today. The price of...

Why India's market regulator is in the eye of a storm

1 year ago

Madhabi Puri Buch is the chairperson of the Securities and Exchange Board of India Kochi, August 13: India's stock market has been a hot topic of conversation for the...

Cooperatives in Lumbini: Protests erupt as one billion rupees embezzled

1 year ago

Butwal, August 13: It has been nearly a year since the Supreme Cooperative at the Butwal Chauraha intersection was shut down. The cooperative’s chairman, Om Gurung, is currently in jail...

Crusher Industries' federation draws attention of PM Oli

1 year ago

Kathmandu, August 12: The Federation of Crusher and Mining Entrepreneurs of Nepal on Monday drew the attention of Prime Minister KP Sharma Oli towards the problems related to the renewal...

Stock market hits record high in trading volume

1 year ago

Kathmandu, August 12: The stock market has set a new record for trading volume. On Sunday, the index rose by 40 points as shares worth NPR 25.93 billion were exchanged,...

Nabil Bank invites applications for SSE Fellowship Program

1 year ago

Kathmandu, August 12: Nabil Bank has announced the opening of applications for the fourth batch of its 'Nabil School of Social Entrepreneurship' (SSE) Fellowship Programme, following the success of the...

NEPSE index surges to 2,907 points, highest since COVID-19

1 year ago

Kathmandu, August 12: The NEPSE index has surged to 2,900 points for the first time in a long while. As of 1:30 pm on Monday, the index had risen by...

Power leakage reduced by half in 8 years, 12 bln more income annually

1 year ago

Kathmandu, August 11: Nepal Electricity Authority (NEA) has reduced the electricity leakage through the transmission and distribution system by half over the last eight years. In the fiscal year 2072/73...