Economy News - Page 10
Gold & Silver Prices Fall in Nepal
Gold and silver prices declined in the Nepali market on Tuesday, Bhadra 16 (September 1). Gold fell by Rs. 500 per tola, while silver dropped by Rs. 15 per tola.
Taxpayer Lottery Result Postponed Due to Disaster Situation
The government has postponed the scheduled result of its Taxpayer Incentive Gift Program due to the ongoing disaster situation, but coupon generation will continue.
ICFC Announces 10.53% Cash Dividend for Shareholders
ICFC Finance Limited has announced a 10.5263% cash dividend for shareholders from its profit for FY 2082/83, subject to regulatory and AGM approval.
NIC Asia Bank Contributes Rs. 2.21 Crore to BhoteKoshi Flood Relief Fund
NIC Asia Bank has contributed Rs. 2.21 crore to the Prime Minister’s Disaster Relief Fund to support rescue and relief efforts for people affected by the devastating BhoteKoshi flood in Rasuwa.
NIMB Donates Rs. 4.01 Crore to Flood Relief Fund
Nepal Investment Mega Bank Limited has contributed Rs. 4.01 crore to the Prime Minister’s Disaster Relief Fund to support search, rescue, relief and rehabilitation efforts for people affected by the devastating BhoteKoshi flood in Rasuwa.
NAIMA Pledges Rs. 50 Lakh for BhoteKoshi Flood Relief and Rehabilitation
The Nepal Automobile Importers and Manufacturers Association (NAIMA) has announced Rs. 50 lakh in financial support for people affected by the devastating BhoteKoshi flood in Rasuwa.
Siddhartha Bank Donates Rs. 2.51 Crore for BhoteKoshi Flood Relief
Siddhartha Bank has contributed Rs. 2.51 crore to the Prime Minister’s Disaster Relief Fund to support relief, rescue and rehabilitation efforts for victims of the devastating BhoteKoshi floods.
NRB Waives Transaction Limits for Disaster Relief Fund Donations
Nepal Rastra Bank has removed regular transaction limits for digital payments made to the Prime Minister’s Disaster Relief Fund and Prime Minister’s Relief Fund.
Gold and Silver Prices Decline in Nepal
Gold and silver prices fell in the Nepali market on Thursday, with gold dropping by Rs. 1,200 per tola and silver by Rs. 10.
Government Has Sufficient Resources to Tackle Disaster, Says Finance Minister Wagle
Finance Minister Dr. Swarnim Wagle has assured that the government will ensure adequate resources for rescue, relief, rehabilitation, and reconstruction following the recent natural disasters.
Margin Loans Rise 18.34% to Rs. 166.50 Billion in One Year
Margin lending against shares surged 18.34% in FY 2082/83, reaching Rs. 166.50 billion, nearly three times the growth rate of overall bank credit.
Global IME Bank Announces Rs. 5 Crore Support for Flood-Affected Communities
Global IME Bank has announced Rs. 5 crore in financial assistance to the Prime Minister’s Disaster Relief Fund to support search and rescue, immediate relief, medical assistance, and long-term rehabilitation efforts for communities affected by the devastating Bhote Koshi flood.