Today market has remained positive same as yesterday. The other indexes also remained…

Today market has remained positive same as yesterday. The other indexes also remained…
April 16: The 56th annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year…
April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in…
April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56th annual report of the Office of the Auditor General…
April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing.…
April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the…
April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal.…
April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the…
April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every…
April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards…
April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year…
Today market has remained positive along with other…
April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan.…
April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes.…
April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state…
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The other indexes also remained positive.', 'content' => '<p> <strong> Pic. Showing NEPSE Daily Candle Stick Chart</strong></p> <p> </p> <p> <strong>Current Price (CMP): 1212.05</strong></p> <p> </p> <p> <strong>OHLC Update:</strong></p> <p> <strong>O: 1188.71<br /> H: 1212.05<br /> L: 1187.70<br /> C: 1212.05</strong></p> <p> </p> <p> <strong>Pivot for 4<sup>th</sup> Baisakh: </strong></p> <table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1,171.47</strong></p> </td> <td style="width:91px;"> <p> <strong>1,179.58</strong></p> </td> <td style="width:91px;"> <p> <strong>1,195.82</strong></p> </td> <td style="width:91px;"> <p> <strong>1,203.93</strong></p> </td> <td style="width:91px;"> <p> <strong>1,220.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1,228.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1,244.52</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 1st Week of Baisakh: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1150.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1162.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1173.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1185.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1196.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1208.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1219.28</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for this month: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p> <strong>1077.31</strong></p> </td> <td style="width:91px;"> <p> <strong>1104.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1144.09</strong></p> </td> <td style="width:91px;"> <p> <strong>1170.95</strong></p> </td> <td style="width:91px;"> <p> <strong>1210.87</strong></p> </td> <td style="width:91px;"> <p> <strong>1237.73</strong></p> </td> <td style="width:91px;"> <p> <strong>1277.65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> <strong>2<sup>nd</sup> Baisakh: Nrs. 30.45 Crores<br /> 3<sup>rd</sup> Baisakh: Nrs. 74.27 Crores</strong></p> <p> <strong>Commentary:</strong></p> <ul> <li> <strong>1. Today market has remained positive same as yesterday. The other indexes also remained positive.</strong></li> <li> <strong>2. There is huge change in volume. </strong></li> <li> <strong>3. All the Sub-indices are positive today as well. </strong></li> <li> <strong>4. We can see noticeable changes in Life Insurance, Non- Life Insurance, Microfinance, and Banking sectors which are 80.19, 48.92, 35.8 and 29.41 respectively. </strong></li> <li> <strong>5. Today top 5 turnovers are from the banking sector. </strong></li> </ul> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NMB </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 6.70 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>375</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NICA </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.98 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>495</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>PRVU</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.58 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>CBL </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.33 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>168</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.24 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>299</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 13.99 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>486,380</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>1,888</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>10,517</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>57</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,110</strong></p> </td> <td style="width:160px;"> <p> <strong>25</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,575</strong></p> </td> <td style="width:160px;"> <p> <strong>64</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 0.06 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>7,125</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 1.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>57,947</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>941</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 5.61 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>85,690</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>473</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>66,467</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>268</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>76,275</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>29</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.40 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>78,963</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>36</strong></p> </td> </tr> </tbody> </table> <p> <img alt="" src="/app/webroot/userfiles/images/monthly%20chart%2016th%20april.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Monthly Candle Stick Chart</strong></p> <p> <img alt="" src="/app/webroot/userfiles/images/weekly%20chart%2016th%20april%281%29.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Weekly Candle Stick Chart</strong></p> <p> <strong>Analysis:</strong></p> <ul> <li> <strong>1. Today we can observe that market had a long day as it has gained a lot of positive points.</strong></li> <li> <strong>2. The change in volume has also increased drastically as we can see that the market went from 30 crores to 70 crores today. </strong></li> <li> <strong>3. Market is in Up Trend these days as we see the positive change in the index and the turnover. </strong></li> <li> <strong>4. Market has reached the current point after 4 months of ups and downs. </strong></li> <li> <strong>5. The Candle Stick pattern is more like "Closing Marubozu".</strong></li> </ul> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10224', 'image' => '20190416051802_nepse daily chart 16th april.JPG', 'article_date' => '2019-04-16 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 1 => array( 'Article' => array( 'id' => '10471', 'article_category_id' => '1', 'title' => 'Govt Purchased Vehicles worth Rs 6 Billion in a Year', 'sub_title' => '', 'summary' => 'April 16: The 56th annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75', 'content' => '<p> April 16: The 56<sup>th</sup> annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75. According to the report, the government had purchased vehicles worth Rs 6,614,537,000 during the review period.</p> <p> Altogether 22 ministries of the federal government had purchased 1,024 four-wheelers including cars, jeep, pick-up vans. Likewise, 6,909 two-wheelers were purchased during the last FY. According to the report, there are only 1,323 human resources in those ministries while there are 1,577 four-wheelers. The Office of the Auditor General has suggested to hand over the excess vehicles to other important sectors.</p> <p> 8 vehicles utilized for personal use</p> <p> The report has further mentioned that eight Prado vehicles that were purchased for Chameliya Hydropower Project were being used for personal use. The report claims that those vehicles are being used by the former officials of the project for their personal use. Though the project had decided to return those vehicles to the government on March 30, 2010, they have not been returned yet.</p> <p> According to the report, the Ministry of Home Affairs has informed that one of the Prado jeeps with registration number BA 6 CHA 1025 has been missing.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '10223', 'image' => '20190418013229_1x-11.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10470', 'article_category_id' => '1', 'title' => 'PM’s Agriculture Modernization Project Under Scrutiny', 'sub_title' => '', 'summary' => 'April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.', 'content' => '<p> April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.</p> <p> The Commission for the Investigation of Abuse of Authority (CIAA) has arrested three persons involved in the Prime Minister Agriculture Modernization Project in Parsa’s vegetable zone.</p> <p> The anti-graft body has taken into custody Birendra Sinha, former chief of Agriculture Development Office, Parsa and two other officials of the zone operation committee.</p> <p> Sinha, accountant Satya Narayan Sahani and the committee chair Rameshwar Kushwa who had arrived at the CIAA headquarters in Kathmandu for recording their statements were arrested and sent into custody for further interrogation.</p> <p> Sinha has been accused of corruption while constructing a building worth Rs 4.5 million for the project. Other officials and office bearers of the project have gone incommunicado after the arrests of the three officials. CIAA has written a letter to Parsa Police to arrest them but the police have turned a deaf ear to the request. A source at the anti-graft body said that police are reluctant to arrest them due to their political connection.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10222', 'image' => '20190416032010_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10462', 'article_category_id' => '1', 'title' => 'Nepal’s Telecommunication Services one of the Costliests in the World', 'sub_title' => 'OAG Suggests to Regulate Telecom Companies', 'summary' => 'April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56th annual report of the Office of the Auditor General (OAG).', 'content' => '<p> April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56<sup>th</sup> annual report of the Office of the Auditor General (OAG).</p> <p> The OAG report has suggested the Ministry of Communication and Information Technology and the Nepal Telecommunication Authority (NTA) to regulate the telecom companies charging high rate to the consumers. The OAG compared the operating profit of Nepali telecom companies with telecommunication service providers in the United States, the United Kingdom, China, Malaysia, India, Japan, among others, calling for a review in the service charge of the telecommunication operators in the country.</p> <p> The report shows Nepali telecommunication providers have high operating profit, and are charging hefty service charge to the consumers. According to the OAG, the operating profit of telecommunication providers in foreign countries stands at 24-37 percent of the total income, while the profit of two telecommunication giants in Nepal is up to 62 percent.</p> <p> The OAG also concluded that the telecommunications regulatory body has not regulated the service charges imposed by the telecom companies in Nepal.</p> <p> The report shows that a telecom company in Germany has operational profit of 24 percent. Likewise, a telecom company in India has operational profit of 36.40 percent.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-17', 'keywords' => '', 'description' => '', 'sortorder' => '10221', 'image' => '20190415041410_telecom tower.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10469', 'article_category_id' => '1', 'title' => 'Auto Loans on the Rise: NRB', 'sub_title' => 'BFIs bankroll Rs 8.17 billion for auto loan in four months despite central bank’s restriction', 'summary' => 'April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. ', 'content' => '<p> April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. This is against the directive of the central bank, which had issued the order on November 6 to make 50 percent downpayment on purchase of vehicles through BFIs. But in the four months since the central bank issued such directive, BFIs have released Rs 8.17 billion for the purchase of vehicles.</p> <p> Auto loans have increased by 4.42 percent in the second quarter of the current fiscal year as compared to the first quarter.</p> <p> The total amount of auto loans was Rs 176 billion as of the end of the first quarter of the current FY which rose to Rs 184 billion in the next four months, according to Nepal Rastra Bank.</p> <p> Earlier, the BFIs were allowed to fund up to 65 percent of the auto loan but the central bank brought down the ceiling to 50 percent five months ago.</p> <p> The central bank does not consider automobiles as productive sector while the BFI have been funding in this sector arguing that automobiles will help in increasing productivity.</p> <p> Meanwhile, BFIs can fund up to 80 percent of the total cost of electric vehicles for personal use.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10220', 'image' => '20190416023825_karja - Copy.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10468', 'article_category_id' => '266', 'title' => 'NIBL Ace Capital Offers Free Demat Account', 'sub_title' => '', 'summary' => 'April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government.', 'content' => '<p> April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government. According to the company, which is a subsidiary of Nepal Investment Bank Limited, the offer started from the Nepali New Year and will be available for a limited time offer. The free Demat account is offered from NIBL Ace Capital Lazimpat, Kathmandu and its branches as well as from all the branches of NIBL bank.</p> <p> Apart from facilitation as a depository participant, NIBL Ace Capital serves around 14,00,000 shareholders of 40 registrar companies from various sectors such as commercial banks, development banks, finance companies, life insurance, non-life insurance companies, microfinance, hydropwer, manufacturing and processing industries and others. In addition, NIBL Ace Capital said it also renders services in the field of fund management that includes the NIBL Samriddhi Fund and the NIBL Pragati Fund, portfolio management services, and issue and sales management services.</p> <p> In addition to this, NIBL Ace Capital claimed to be the first company amongst its peers in the industry to cross the highest number of Demat account with more than 1, 70,000 account holders.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10219', 'image' => '20190416021131_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10467', 'article_category_id' => '266', 'title' => 'TVS Bikes and Scooters now Available on Daraz', 'sub_title' => '', 'summary' => 'April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. ', 'content' => '<p> April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. As per the agreement, prospective buyers can get discount of Rs 10,000 on purchase of TVS two-wheelers from Daraz.</p> <p> According to the company, this New Year offer will be valid for a limited period of time and only first hundred customers will benefit from it. This offer is only applicable if the purchase is made from Daraz online inside Kathmandu.</p> <p> Deepak Agrawal , vice president of Jagadamba Motors Pvt Ltd and Lino Ahlering, managing director of Daraz online shopping portal, signed the MOU on April 10.</p> <p> Daraz has been offering a wide range of products including clothing, footwear, accessories, electronics, mobile phones, and much more.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10218', 'image' => '20190416015842_TVS and DARAZ.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10466', 'article_category_id' => '266', 'title' => 'MOU between Sanima Bank and Max Healthcare Institute Limited', 'sub_title' => '', 'summary' => 'April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.', 'content' => '<p> April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.</p> <p> Bikram Shrestha, head of digital banking at Sanima Bank, and Suraj Joseph, DGM for sales and marketing of Max Healthcare Institute, signed the agreement on behalf of the respective organisations amid a recent function.</p> <p> Max Healthcare Institute is a hospital chain based in New Delhi, India with 14 hospitals across North India.</p> <p> As per the agreement, Sanima Banks' debit/credit cardholders can make hassle free payment to the alliance hospitals of Max Healthcare Institution for health treatment. In addition, Sanima Banks' card holders will get up to 5 percent discount on various healthcare services.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10217', 'image' => '20190416015132_sanima.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10465', 'article_category_id' => '266', 'title' => 'NMB Bank’s New Year Offer', 'sub_title' => '', 'summary' => 'April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.', 'content' => '<p> April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.</p> <p> The bank said in a statement it has been campaigning for financial literacy with its nationwide campaign ‘Ek Ghar Ek Khata’ which now gains further momentum with the government’s new initiative with the onset of the New Year’</p> <p> As part of the government’s umbrella campaign, the bank shall deposit Rs 100 in every new NMB Sabaiko Sahara Bachat Khata and also offers insurance facility upto Rs 1 million against 18 critical illnesses, accidental death and permanent total disability. The account further offers highest interest rate, free Demat account, internet banking and mobile banking plus the option to avail either NMB Visa Debit Card of NMB Delight Card which offers free withdrawals from any ATM across the country.</p> <p> NMB Bank currently has a network of 110 branches, 99 ATMs and four extension counters across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10216', 'image' => '20190416014617_nmb.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10464', 'article_category_id' => '266', 'title' => ' International Recognition for Kumari Bank', 'sub_title' => '', 'summary' => 'April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019.', 'content' => '<p> April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019. Issuing a statement on Monday, the bank said it is the first ever Nepali bank to receive the “Accelerated Transformation Award” from Finacle InfoSys.</p> <p> The Finacle Client Innovation Award is a global platform of recognition given to banks delivering breakthrough innovations in banking products, customer service, process design and distribution channels via capitalization on Finacle solutions, according to the statement.</p> <p> With over 250 nominations received for eight categories, Kumari Bank Limited successfully bagged the title for core banking modernization in the “Accelerated Transformation” category this year.</p> <p> “With this, Kumari Bank has set up a historical record for successful migration of CBS Finacle Version 10.2.19 in the shortest recorded time of 4.5 months. Similarly, in the same category, Punjab National Bank has also bagged the award for its agile core transformation. Likewise, ICICI bank, Andhra Bank and Emirates NDB (UAE) were among the runner-ups within the category,” the statement said. </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10215', 'image' => '20190416013751_kumari.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10463', 'article_category_id' => '266', 'title' => 'Vianet's New Year Offer', 'sub_title' => '', 'summary' => 'April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076.', 'content' => '<div> April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076. Under this offer, customers can get two months of free Internet and TV service with the yearly subscription of Vianet, the company said in a statement.</div> <div> </div> <div> Vianet said it has given special attention to customer care with a call centre having more than 150 people available round the clock 365 days of the year.</div> <div> </div> <div> “As a part of its service offering, Vianet also provides intuitive self-service client-customer portal and innovative customer mobile app to its customers for managing, monitoring and receiving support services easily,” the statement added.</div> <div> </div> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10214', 'image' => '20190416032305_a.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10461', 'article_category_id' => '1', 'title' => 'Market Watch 15th april', 'sub_title' => '', 'summary' => 'Today market has remained positive along with other indexes.', 'content' => '<div> Pic. Showing NEPSE Monthly Candle Stick Chart</div> <div> </div> <div> Current Market Price (CMP): 1188.71</div> <div> </div> <div> OHLC Update of 2nd Baisakh: </div> <div> O: 1184.02</div> <div> H: 1188.71</div> <div> L: 1181.87</div> <div> C: 1188.71</div> <div> </div> <div> <strong><span style="font-size:14px;">Pivot Table for 1st Baisakh:</span></strong></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3</td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1</td> <td> Pivot</td> <td> R1</td> <td> R2</td> <td> R3</td> </tr> <tr> <td> 1,177.31<span style="white-space: pre;"> </span></td> <td> 1,179.59<span style="white-space: pre;"> </span></td> <td> 1,184.15<span style="white-space: pre;"> </span></td> <td> 1,186.43<span style="white-space: pre;"> </span></td> <td> 1,190.99<span style="white-space: pre;"> </span></td> <td> 1,193.27<span style="white-space: pre;"> </span></td> <td> 1,197.83</td> </tr> </tbody> </table> </div> <div> <span style="font-size:14px;"><strong>Pivot for the 1st Week of Baisakh: </strong></span></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1150.28<span style="white-space: pre;"> </span></td> <td> 1162.54<span style="white-space: pre;"> </span></td> <td> 1173.28<span style="white-space: pre;"> </span></td> <td> 1185.54<span style="white-space: pre;"> </span></td> <td> 1196.28<span style="white-space: pre;"> </span></td> <td> 1208.54<span style="white-space: pre;"> </span></td> <td> 1219.28</td> </tr> </tbody> </table> <p> <span style="font-size:14px;"><strong>Pivot for this month:</strong></span></p> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1077.31<span style="white-space: pre;"> </span></td> <td> 1104.17<span style="white-space: pre;"> </span></td> <td> 1144.09<span style="white-space: pre;"> </span></td> <td> 1170.95<span style="white-space: pre;"> </span></td> <td> 1210.87<span style="white-space: pre;"> </span></td> <td> 1237.73<span style="white-space: pre;"> </span></td> <td> 1277.65</td> </tr> </tbody> </table> <div> </div> <div> <span style="font-size:14px;"><strong>Turnover Update:</strong></span></div> <div> 28THChaitra: Nrs. 39.64 Crores</div> <div> 2nd Baisakh: Nrs. 30.45 Crores</div> </div> <div> </div> <div style="text-align: center;"> <img alt="" src="/app/webroot/userfiles/images/1x%289%29.jpg" style="width: 735px; height: 525px;" /></div> <div> Pic. Showing NEPSE Weekly Candle Stick Chart</div> <div> </div> <div> <span style="font-size:14px;"><strong>Commentary:</strong></span></div> <div> 1.Today market has remained positive along with other indexes.</div> <div> 2.The NEPSE market made its highest and closing at the same point where as made it's low at 3rd hour. </div> <div> 3.The sub-indices of most of the listed sectors are positive excluding for Hydro Power, Finance, Others and Life insurance.</div> <div> 4.We observe that the Microfinance and Hotels has bought noticeable change in points which are 42.44 and 22.49 respectively. </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Top 5 Scrips by turnovers:</strong></span></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p> <strong>Scrips </strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NIL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 2.75 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>522</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>KBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.96crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NICA</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.83 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>470</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>EIC </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.68 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>1,028</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NMB</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.62 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>361</strong></p> </td> </tr> </tbody> </table> </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Sector Wise Summary: </strong></span></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 23.59 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>800,788</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>2,836</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance </strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.23 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>15,730</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>77</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.13 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>5,279</strong></p> </td> <td style="width:160px;"> <p> <strong>38</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.66Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>16,190</strong></p> </td> <td style="width:160px;"> <p> <strong>114</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>NRs. 0.71 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>8,847</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 2.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>113,068</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>1,501</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 3.78Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>60,617</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>493</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.33 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>77,054</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>390</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.02 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>26,180</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>19</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.85 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>30,401</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>51</strong></p> </td> </tr> </tbody> </table> </div> <div style="text-align: center;"> </div> <div> </div> <div> <strong style="font-size: 14px;">Analysis:</strong></div> <div> 1.The volume of today is lower than that of the last trade of 28th Chaitra. </div> <div> 2.The candle stick pattern today is more like "Hammer". </div> <div> 3.We can see the pattern formed today in comparison to 28th is engulfing as the highest point and lowest point of 28th is higher and lower than that of 2nd Baisakh. </div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10213', 'image' => '20190415040827_2.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 12 => array( 'Article' => array( 'id' => '10458', 'article_category_id' => '1', 'title' => 'Chitwan packed with Internal Tourists during New Year', 'sub_title' => '', 'summary' => 'April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. ', 'content' => '<p> April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. Almost all the hotels in major tourism destinations like Sauraha, Meghauli and Patihani are currently occupied with internal tourists. According to the hotel entrepreneurs of Chitwan, the number of internal tourists is double the number international tourists.</p> <p> Entrepreneurs told New Business Age that the number of internal tourists has increased with the arrival of the New Year. Founder of Sauraha’s Sapana Village and Lodge, Dhruba Giri, said that all the rooms of the lodge are occupied.</p> <p> Most of the tourists here are from Kathmandu, Pokhara and Chitwan. Majority of the tourists visit here for jeep safari, elephant safari, jungle walk, boating among others.</p> <p> Kasara Resort’s Director Sonam Sherpa shared that Patihani also received a considerable number internal tourists.</p> <p> There are more than 110 small and big hotels in Sauraha, a major tourism destination in Chitwan. Likewise, there are more than two dozens of big hotels and resorts in Patihani and Meghauli.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10212', 'image' => '20190415022754_aaa.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10460', 'article_category_id' => '1', 'title' => 'Government Launches Visit Nepal Year 2020 from Pokhara', 'sub_title' => '', 'summary' => 'April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. ', 'content' => '<p> April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. Chief Minister of Gandaki Province officially inaugurated the campaign amid a function on Saturday, April 13. The government had initiated the campaign with the aim of attracting 2 million tourists in Nepal in 2020.</p> <p> The government considers bringing in maximum number of tourists as well as promoting internal tourism as one of the means to achieve its goal of economic prosperity. In this regard, the Ministry of Culture, Tourism and Civil Aviation organised the soft launch of the campaign in Pokhara.</p> <p> During the function, Chief Minister Gurung said that the Gandaki Province considers tourism as a means to achieve national prosperity. He said that the province has started 232 home-stay facilities keeping in view the comfort of the torists.</p> <p> He also said that the province can attract pilgrims from India. He also said inaugurating the campaign from the shore of Fewa Lake has made Pokhara the undisputed “capital of tourism” in Nepal.</p> <p> According to CM Gurung, 40 percent of the tourists visiting Nepal come to Pokhara.</p> <p> “This is both an opportunity as well as challenge for Pokhara. When 2 million tourists visit Nepal, Pokhara has to accommodate 800,000 tourists,” he said.</p> <p> The chief minister further said that the government is upgrading road and air services and that it won’t be much of a problem to welcome 2 million tourists if all three levels of governments work hand in hand.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10211', 'image' => '20190415040507_visit nepal.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10457', 'article_category_id' => '1', 'title' => 'Govt Decision to Hike Customs Duty on Import of Sugar hits Consumers, State Coffers', 'sub_title' => '', 'summary' => 'April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.', 'content' => '<div> April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.</div> <div> The general public was forced to purchase sugar at high cost due to the deliberate decision of the government that also resulted in the increase in price of sugar, according to the available data. A report prepared by the Office of the Auditor General (OAG) states that the government’s delay in implementing an understanding reached with sugar producers to hike the tariff resulted in import of excessive sugar in the country. Despite having adequate stock, the consumers could not purchase sugar at reasonable price, the report says.</div> <div> The Ministry of Finance had reached an understanding with sugar producers on December 26, 2017 to increase tax on import of sugar in order to protect the domestic sugar industries.</div> <div> But the government increased the tax on import of sugar from 15 percent to 30 percent only on April 17, 2018. Due to the delay in implementing the decision by four months, the customs department incurred losses of Rs 530.66 million as the country imported 79,044 metric tons of sugar worth Rs 3.57 billion during the period, according to the OAG report.</div> <div> According to the report, Nepal imported 71,000 metric tons of sugar in FY 2073/74. The import of sugar in FY 2074/75 was 234,000 metric tons, which is 3.3 times more than the import in the preceding year. </div> <div> The country consumes 230,000 metric tons of sugar on an annual basis while the domestic production of sugar is 175,000 metric tons. The data of the OAG report clearly shows that the country imported sugar much more than Nepal’s consumption. This indicates that the excessive sugar was kept as stock. Despite having excessive stock of sugar, the consumers couldn’t purchase it at a reasonable price. </div> <div> Meanwhile, the farmers have not been paid for their produce by the sugar industries. The sugar industries have reportedly withheld the due amount of the farmers stating that they have excessive stock of sugar. The industries have said that they will be able to pay the farmers only when they sell the stock.</div> <div> The government’s decision to waive the customs duty for the state-owned Salt Trading Limited with the intention of bringing uniformity in the price of sugar has become useless due to the hike in customs duty.</div> <div> The OAG report states that the sugar imported by Salt Trading at subsidized rate has been found to be much more that the sugar imported by other businessmen by paying the customs duty.</div> <div> The report mentions that the Salt Trading had imported 37,508 metric tons of sugar in FY 2074/75 worth Rs 2.28 billion. The state-owned company had also received an exemption of Rs 387.6 million for Value Added Tax. Therefore, the cost per kg of sugar imported by Salt Trading was Rs 60. However, the report has found that other importers had brought sugar into the country at the cost of Rs 40 to 51 per kg despite paying 30 percent customs duty. Salt Trading, on the other hand, had paid only 1 percent customs duty. The cost of sugar imported by Salt Trading after including other taxes was Rs 69 per kg. 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The other indexes also remained positive.', 'content' => '<p> <strong> Pic. Showing NEPSE Daily Candle Stick Chart</strong></p> <p> </p> <p> <strong>Current Price (CMP): 1212.05</strong></p> <p> </p> <p> <strong>OHLC Update:</strong></p> <p> <strong>O: 1188.71<br /> H: 1212.05<br /> L: 1187.70<br /> C: 1212.05</strong></p> <p> </p> <p> <strong>Pivot for 4<sup>th</sup> Baisakh: </strong></p> <table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1,171.47</strong></p> </td> <td style="width:91px;"> <p> <strong>1,179.58</strong></p> </td> <td style="width:91px;"> <p> <strong>1,195.82</strong></p> </td> <td style="width:91px;"> <p> <strong>1,203.93</strong></p> </td> <td style="width:91px;"> <p> <strong>1,220.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1,228.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1,244.52</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 1st Week of Baisakh: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1150.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1162.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1173.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1185.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1196.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1208.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1219.28</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for this month: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p> <strong>1077.31</strong></p> </td> <td style="width:91px;"> <p> <strong>1104.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1144.09</strong></p> </td> <td style="width:91px;"> <p> <strong>1170.95</strong></p> </td> <td style="width:91px;"> <p> <strong>1210.87</strong></p> </td> <td style="width:91px;"> <p> <strong>1237.73</strong></p> </td> <td style="width:91px;"> <p> <strong>1277.65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> <strong>2<sup>nd</sup> Baisakh: Nrs. 30.45 Crores<br /> 3<sup>rd</sup> Baisakh: Nrs. 74.27 Crores</strong></p> <p> <strong>Commentary:</strong></p> <ul> <li> <strong>1. Today market has remained positive same as yesterday. The other indexes also remained positive.</strong></li> <li> <strong>2. There is huge change in volume. </strong></li> <li> <strong>3. All the Sub-indices are positive today as well. </strong></li> <li> <strong>4. We can see noticeable changes in Life Insurance, Non- Life Insurance, Microfinance, and Banking sectors which are 80.19, 48.92, 35.8 and 29.41 respectively. </strong></li> <li> <strong>5. Today top 5 turnovers are from the banking sector. </strong></li> </ul> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NMB </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 6.70 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>375</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NICA </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.98 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>495</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>PRVU</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.58 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>CBL </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.33 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>168</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.24 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>299</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 13.99 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>486,380</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>1,888</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>10,517</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>57</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,110</strong></p> </td> <td style="width:160px;"> <p> <strong>25</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,575</strong></p> </td> <td style="width:160px;"> <p> <strong>64</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 0.06 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>7,125</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 1.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>57,947</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>941</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 5.61 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>85,690</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>473</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>66,467</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>268</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>76,275</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>29</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.40 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>78,963</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>36</strong></p> </td> </tr> </tbody> </table> <p> <img alt="" src="/app/webroot/userfiles/images/monthly%20chart%2016th%20april.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Monthly Candle Stick Chart</strong></p> <p> <img alt="" src="/app/webroot/userfiles/images/weekly%20chart%2016th%20april%281%29.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Weekly Candle Stick Chart</strong></p> <p> <strong>Analysis:</strong></p> <ul> <li> <strong>1. Today we can observe that market had a long day as it has gained a lot of positive points.</strong></li> <li> <strong>2. The change in volume has also increased drastically as we can see that the market went from 30 crores to 70 crores today. </strong></li> <li> <strong>3. Market is in Up Trend these days as we see the positive change in the index and the turnover. </strong></li> <li> <strong>4. Market has reached the current point after 4 months of ups and downs. </strong></li> <li> <strong>5. The Candle Stick pattern is more like "Closing Marubozu".</strong></li> </ul> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10224', 'image' => '20190416051802_nepse daily chart 16th april.JPG', 'article_date' => '2019-04-16 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 1 => array( 'Article' => array( 'id' => '10471', 'article_category_id' => '1', 'title' => 'Govt Purchased Vehicles worth Rs 6 Billion in a Year', 'sub_title' => '', 'summary' => 'April 16: The 56th annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75', 'content' => '<p> April 16: The 56<sup>th</sup> annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75. According to the report, the government had purchased vehicles worth Rs 6,614,537,000 during the review period.</p> <p> Altogether 22 ministries of the federal government had purchased 1,024 four-wheelers including cars, jeep, pick-up vans. Likewise, 6,909 two-wheelers were purchased during the last FY. According to the report, there are only 1,323 human resources in those ministries while there are 1,577 four-wheelers. The Office of the Auditor General has suggested to hand over the excess vehicles to other important sectors.</p> <p> 8 vehicles utilized for personal use</p> <p> The report has further mentioned that eight Prado vehicles that were purchased for Chameliya Hydropower Project were being used for personal use. The report claims that those vehicles are being used by the former officials of the project for their personal use. Though the project had decided to return those vehicles to the government on March 30, 2010, they have not been returned yet.</p> <p> According to the report, the Ministry of Home Affairs has informed that one of the Prado jeeps with registration number BA 6 CHA 1025 has been missing.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '10223', 'image' => '20190418013229_1x-11.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10470', 'article_category_id' => '1', 'title' => 'PM’s Agriculture Modernization Project Under Scrutiny', 'sub_title' => '', 'summary' => 'April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.', 'content' => '<p> April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.</p> <p> The Commission for the Investigation of Abuse of Authority (CIAA) has arrested three persons involved in the Prime Minister Agriculture Modernization Project in Parsa’s vegetable zone.</p> <p> The anti-graft body has taken into custody Birendra Sinha, former chief of Agriculture Development Office, Parsa and two other officials of the zone operation committee.</p> <p> Sinha, accountant Satya Narayan Sahani and the committee chair Rameshwar Kushwa who had arrived at the CIAA headquarters in Kathmandu for recording their statements were arrested and sent into custody for further interrogation.</p> <p> Sinha has been accused of corruption while constructing a building worth Rs 4.5 million for the project. Other officials and office bearers of the project have gone incommunicado after the arrests of the three officials. CIAA has written a letter to Parsa Police to arrest them but the police have turned a deaf ear to the request. A source at the anti-graft body said that police are reluctant to arrest them due to their political connection.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10222', 'image' => '20190416032010_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10462', 'article_category_id' => '1', 'title' => 'Nepal’s Telecommunication Services one of the Costliests in the World', 'sub_title' => 'OAG Suggests to Regulate Telecom Companies', 'summary' => 'April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56th annual report of the Office of the Auditor General (OAG).', 'content' => '<p> April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56<sup>th</sup> annual report of the Office of the Auditor General (OAG).</p> <p> The OAG report has suggested the Ministry of Communication and Information Technology and the Nepal Telecommunication Authority (NTA) to regulate the telecom companies charging high rate to the consumers. The OAG compared the operating profit of Nepali telecom companies with telecommunication service providers in the United States, the United Kingdom, China, Malaysia, India, Japan, among others, calling for a review in the service charge of the telecommunication operators in the country.</p> <p> The report shows Nepali telecommunication providers have high operating profit, and are charging hefty service charge to the consumers. According to the OAG, the operating profit of telecommunication providers in foreign countries stands at 24-37 percent of the total income, while the profit of two telecommunication giants in Nepal is up to 62 percent.</p> <p> The OAG also concluded that the telecommunications regulatory body has not regulated the service charges imposed by the telecom companies in Nepal.</p> <p> The report shows that a telecom company in Germany has operational profit of 24 percent. Likewise, a telecom company in India has operational profit of 36.40 percent.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-17', 'keywords' => '', 'description' => '', 'sortorder' => '10221', 'image' => '20190415041410_telecom tower.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10469', 'article_category_id' => '1', 'title' => 'Auto Loans on the Rise: NRB', 'sub_title' => 'BFIs bankroll Rs 8.17 billion for auto loan in four months despite central bank’s restriction', 'summary' => 'April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. ', 'content' => '<p> April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. This is against the directive of the central bank, which had issued the order on November 6 to make 50 percent downpayment on purchase of vehicles through BFIs. But in the four months since the central bank issued such directive, BFIs have released Rs 8.17 billion for the purchase of vehicles.</p> <p> Auto loans have increased by 4.42 percent in the second quarter of the current fiscal year as compared to the first quarter.</p> <p> The total amount of auto loans was Rs 176 billion as of the end of the first quarter of the current FY which rose to Rs 184 billion in the next four months, according to Nepal Rastra Bank.</p> <p> Earlier, the BFIs were allowed to fund up to 65 percent of the auto loan but the central bank brought down the ceiling to 50 percent five months ago.</p> <p> The central bank does not consider automobiles as productive sector while the BFI have been funding in this sector arguing that automobiles will help in increasing productivity.</p> <p> Meanwhile, BFIs can fund up to 80 percent of the total cost of electric vehicles for personal use.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10220', 'image' => '20190416023825_karja - Copy.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10468', 'article_category_id' => '266', 'title' => 'NIBL Ace Capital Offers Free Demat Account', 'sub_title' => '', 'summary' => 'April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government.', 'content' => '<p> April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government. According to the company, which is a subsidiary of Nepal Investment Bank Limited, the offer started from the Nepali New Year and will be available for a limited time offer. The free Demat account is offered from NIBL Ace Capital Lazimpat, Kathmandu and its branches as well as from all the branches of NIBL bank.</p> <p> Apart from facilitation as a depository participant, NIBL Ace Capital serves around 14,00,000 shareholders of 40 registrar companies from various sectors such as commercial banks, development banks, finance companies, life insurance, non-life insurance companies, microfinance, hydropwer, manufacturing and processing industries and others. In addition, NIBL Ace Capital said it also renders services in the field of fund management that includes the NIBL Samriddhi Fund and the NIBL Pragati Fund, portfolio management services, and issue and sales management services.</p> <p> In addition to this, NIBL Ace Capital claimed to be the first company amongst its peers in the industry to cross the highest number of Demat account with more than 1, 70,000 account holders.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10219', 'image' => '20190416021131_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10467', 'article_category_id' => '266', 'title' => 'TVS Bikes and Scooters now Available on Daraz', 'sub_title' => '', 'summary' => 'April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. ', 'content' => '<p> April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. As per the agreement, prospective buyers can get discount of Rs 10,000 on purchase of TVS two-wheelers from Daraz.</p> <p> According to the company, this New Year offer will be valid for a limited period of time and only first hundred customers will benefit from it. This offer is only applicable if the purchase is made from Daraz online inside Kathmandu.</p> <p> Deepak Agrawal , vice president of Jagadamba Motors Pvt Ltd and Lino Ahlering, managing director of Daraz online shopping portal, signed the MOU on April 10.</p> <p> Daraz has been offering a wide range of products including clothing, footwear, accessories, electronics, mobile phones, and much more.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10218', 'image' => '20190416015842_TVS and DARAZ.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10466', 'article_category_id' => '266', 'title' => 'MOU between Sanima Bank and Max Healthcare Institute Limited', 'sub_title' => '', 'summary' => 'April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.', 'content' => '<p> April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.</p> <p> Bikram Shrestha, head of digital banking at Sanima Bank, and Suraj Joseph, DGM for sales and marketing of Max Healthcare Institute, signed the agreement on behalf of the respective organisations amid a recent function.</p> <p> Max Healthcare Institute is a hospital chain based in New Delhi, India with 14 hospitals across North India.</p> <p> As per the agreement, Sanima Banks' debit/credit cardholders can make hassle free payment to the alliance hospitals of Max Healthcare Institution for health treatment. In addition, Sanima Banks' card holders will get up to 5 percent discount on various healthcare services.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10217', 'image' => '20190416015132_sanima.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10465', 'article_category_id' => '266', 'title' => 'NMB Bank’s New Year Offer', 'sub_title' => '', 'summary' => 'April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.', 'content' => '<p> April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.</p> <p> The bank said in a statement it has been campaigning for financial literacy with its nationwide campaign ‘Ek Ghar Ek Khata’ which now gains further momentum with the government’s new initiative with the onset of the New Year’</p> <p> As part of the government’s umbrella campaign, the bank shall deposit Rs 100 in every new NMB Sabaiko Sahara Bachat Khata and also offers insurance facility upto Rs 1 million against 18 critical illnesses, accidental death and permanent total disability. The account further offers highest interest rate, free Demat account, internet banking and mobile banking plus the option to avail either NMB Visa Debit Card of NMB Delight Card which offers free withdrawals from any ATM across the country.</p> <p> NMB Bank currently has a network of 110 branches, 99 ATMs and four extension counters across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10216', 'image' => '20190416014617_nmb.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10464', 'article_category_id' => '266', 'title' => ' International Recognition for Kumari Bank', 'sub_title' => '', 'summary' => 'April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019.', 'content' => '<p> April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019. Issuing a statement on Monday, the bank said it is the first ever Nepali bank to receive the “Accelerated Transformation Award” from Finacle InfoSys.</p> <p> The Finacle Client Innovation Award is a global platform of recognition given to banks delivering breakthrough innovations in banking products, customer service, process design and distribution channels via capitalization on Finacle solutions, according to the statement.</p> <p> With over 250 nominations received for eight categories, Kumari Bank Limited successfully bagged the title for core banking modernization in the “Accelerated Transformation” category this year.</p> <p> “With this, Kumari Bank has set up a historical record for successful migration of CBS Finacle Version 10.2.19 in the shortest recorded time of 4.5 months. Similarly, in the same category, Punjab National Bank has also bagged the award for its agile core transformation. Likewise, ICICI bank, Andhra Bank and Emirates NDB (UAE) were among the runner-ups within the category,” the statement said. </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10215', 'image' => '20190416013751_kumari.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10463', 'article_category_id' => '266', 'title' => 'Vianet's New Year Offer', 'sub_title' => '', 'summary' => 'April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076.', 'content' => '<div> April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076. Under this offer, customers can get two months of free Internet and TV service with the yearly subscription of Vianet, the company said in a statement.</div> <div> </div> <div> Vianet said it has given special attention to customer care with a call centre having more than 150 people available round the clock 365 days of the year.</div> <div> </div> <div> “As a part of its service offering, Vianet also provides intuitive self-service client-customer portal and innovative customer mobile app to its customers for managing, monitoring and receiving support services easily,” the statement added.</div> <div> </div> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10214', 'image' => '20190416032305_a.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10461', 'article_category_id' => '1', 'title' => 'Market Watch 15th april', 'sub_title' => '', 'summary' => 'Today market has remained positive along with other indexes.', 'content' => '<div> Pic. Showing NEPSE Monthly Candle Stick Chart</div> <div> </div> <div> Current Market Price (CMP): 1188.71</div> <div> </div> <div> OHLC Update of 2nd Baisakh: </div> <div> O: 1184.02</div> <div> H: 1188.71</div> <div> L: 1181.87</div> <div> C: 1188.71</div> <div> </div> <div> <strong><span style="font-size:14px;">Pivot Table for 1st Baisakh:</span></strong></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3</td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1</td> <td> Pivot</td> <td> R1</td> <td> R2</td> <td> R3</td> </tr> <tr> <td> 1,177.31<span style="white-space: pre;"> </span></td> <td> 1,179.59<span style="white-space: pre;"> </span></td> <td> 1,184.15<span style="white-space: pre;"> </span></td> <td> 1,186.43<span style="white-space: pre;"> </span></td> <td> 1,190.99<span style="white-space: pre;"> </span></td> <td> 1,193.27<span style="white-space: pre;"> </span></td> <td> 1,197.83</td> </tr> </tbody> </table> </div> <div> <span style="font-size:14px;"><strong>Pivot for the 1st Week of Baisakh: </strong></span></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1150.28<span style="white-space: pre;"> </span></td> <td> 1162.54<span style="white-space: pre;"> </span></td> <td> 1173.28<span style="white-space: pre;"> </span></td> <td> 1185.54<span style="white-space: pre;"> </span></td> <td> 1196.28<span style="white-space: pre;"> </span></td> <td> 1208.54<span style="white-space: pre;"> </span></td> <td> 1219.28</td> </tr> </tbody> </table> <p> <span style="font-size:14px;"><strong>Pivot for this month:</strong></span></p> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1077.31<span style="white-space: pre;"> </span></td> <td> 1104.17<span style="white-space: pre;"> </span></td> <td> 1144.09<span style="white-space: pre;"> </span></td> <td> 1170.95<span style="white-space: pre;"> </span></td> <td> 1210.87<span style="white-space: pre;"> </span></td> <td> 1237.73<span style="white-space: pre;"> </span></td> <td> 1277.65</td> </tr> </tbody> </table> <div> </div> <div> <span style="font-size:14px;"><strong>Turnover Update:</strong></span></div> <div> 28THChaitra: Nrs. 39.64 Crores</div> <div> 2nd Baisakh: Nrs. 30.45 Crores</div> </div> <div> </div> <div style="text-align: center;"> <img alt="" src="/app/webroot/userfiles/images/1x%289%29.jpg" style="width: 735px; height: 525px;" /></div> <div> Pic. Showing NEPSE Weekly Candle Stick Chart</div> <div> </div> <div> <span style="font-size:14px;"><strong>Commentary:</strong></span></div> <div> 1.Today market has remained positive along with other indexes.</div> <div> 2.The NEPSE market made its highest and closing at the same point where as made it's low at 3rd hour. </div> <div> 3.The sub-indices of most of the listed sectors are positive excluding for Hydro Power, Finance, Others and Life insurance.</div> <div> 4.We observe that the Microfinance and Hotels has bought noticeable change in points which are 42.44 and 22.49 respectively. </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Top 5 Scrips by turnovers:</strong></span></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p> <strong>Scrips </strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NIL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 2.75 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>522</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>KBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.96crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NICA</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.83 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>470</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>EIC </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.68 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>1,028</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NMB</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.62 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>361</strong></p> </td> </tr> </tbody> </table> </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Sector Wise Summary: </strong></span></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 23.59 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>800,788</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>2,836</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance </strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.23 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>15,730</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>77</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.13 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>5,279</strong></p> </td> <td style="width:160px;"> <p> <strong>38</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.66Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>16,190</strong></p> </td> <td style="width:160px;"> <p> <strong>114</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>NRs. 0.71 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>8,847</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 2.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>113,068</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>1,501</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 3.78Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>60,617</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>493</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.33 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>77,054</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>390</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.02 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>26,180</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>19</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.85 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>30,401</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>51</strong></p> </td> </tr> </tbody> </table> </div> <div style="text-align: center;"> </div> <div> </div> <div> <strong style="font-size: 14px;">Analysis:</strong></div> <div> 1.The volume of today is lower than that of the last trade of 28th Chaitra. </div> <div> 2.The candle stick pattern today is more like "Hammer". </div> <div> 3.We can see the pattern formed today in comparison to 28th is engulfing as the highest point and lowest point of 28th is higher and lower than that of 2nd Baisakh. </div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10213', 'image' => '20190415040827_2.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 12 => array( 'Article' => array( 'id' => '10458', 'article_category_id' => '1', 'title' => 'Chitwan packed with Internal Tourists during New Year', 'sub_title' => '', 'summary' => 'April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. ', 'content' => '<p> April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. Almost all the hotels in major tourism destinations like Sauraha, Meghauli and Patihani are currently occupied with internal tourists. According to the hotel entrepreneurs of Chitwan, the number of internal tourists is double the number international tourists.</p> <p> Entrepreneurs told New Business Age that the number of internal tourists has increased with the arrival of the New Year. Founder of Sauraha’s Sapana Village and Lodge, Dhruba Giri, said that all the rooms of the lodge are occupied.</p> <p> Most of the tourists here are from Kathmandu, Pokhara and Chitwan. Majority of the tourists visit here for jeep safari, elephant safari, jungle walk, boating among others.</p> <p> Kasara Resort’s Director Sonam Sherpa shared that Patihani also received a considerable number internal tourists.</p> <p> There are more than 110 small and big hotels in Sauraha, a major tourism destination in Chitwan. Likewise, there are more than two dozens of big hotels and resorts in Patihani and Meghauli.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10212', 'image' => '20190415022754_aaa.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10460', 'article_category_id' => '1', 'title' => 'Government Launches Visit Nepal Year 2020 from Pokhara', 'sub_title' => '', 'summary' => 'April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. ', 'content' => '<p> April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. Chief Minister of Gandaki Province officially inaugurated the campaign amid a function on Saturday, April 13. The government had initiated the campaign with the aim of attracting 2 million tourists in Nepal in 2020.</p> <p> The government considers bringing in maximum number of tourists as well as promoting internal tourism as one of the means to achieve its goal of economic prosperity. In this regard, the Ministry of Culture, Tourism and Civil Aviation organised the soft launch of the campaign in Pokhara.</p> <p> During the function, Chief Minister Gurung said that the Gandaki Province considers tourism as a means to achieve national prosperity. He said that the province has started 232 home-stay facilities keeping in view the comfort of the torists.</p> <p> He also said that the province can attract pilgrims from India. He also said inaugurating the campaign from the shore of Fewa Lake has made Pokhara the undisputed “capital of tourism” in Nepal.</p> <p> According to CM Gurung, 40 percent of the tourists visiting Nepal come to Pokhara.</p> <p> “This is both an opportunity as well as challenge for Pokhara. When 2 million tourists visit Nepal, Pokhara has to accommodate 800,000 tourists,” he said.</p> <p> The chief minister further said that the government is upgrading road and air services and that it won’t be much of a problem to welcome 2 million tourists if all three levels of governments work hand in hand.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10211', 'image' => '20190415040507_visit nepal.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10457', 'article_category_id' => '1', 'title' => 'Govt Decision to Hike Customs Duty on Import of Sugar hits Consumers, State Coffers', 'sub_title' => '', 'summary' => 'April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.', 'content' => '<div> April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.</div> <div> The general public was forced to purchase sugar at high cost due to the deliberate decision of the government that also resulted in the increase in price of sugar, according to the available data. A report prepared by the Office of the Auditor General (OAG) states that the government’s delay in implementing an understanding reached with sugar producers to hike the tariff resulted in import of excessive sugar in the country. Despite having adequate stock, the consumers could not purchase sugar at reasonable price, the report says.</div> <div> The Ministry of Finance had reached an understanding with sugar producers on December 26, 2017 to increase tax on import of sugar in order to protect the domestic sugar industries.</div> <div> But the government increased the tax on import of sugar from 15 percent to 30 percent only on April 17, 2018. Due to the delay in implementing the decision by four months, the customs department incurred losses of Rs 530.66 million as the country imported 79,044 metric tons of sugar worth Rs 3.57 billion during the period, according to the OAG report.</div> <div> According to the report, Nepal imported 71,000 metric tons of sugar in FY 2073/74. The import of sugar in FY 2074/75 was 234,000 metric tons, which is 3.3 times more than the import in the preceding year. </div> <div> The country consumes 230,000 metric tons of sugar on an annual basis while the domestic production of sugar is 175,000 metric tons. The data of the OAG report clearly shows that the country imported sugar much more than Nepal’s consumption. This indicates that the excessive sugar was kept as stock. Despite having excessive stock of sugar, the consumers couldn’t purchase it at a reasonable price. </div> <div> Meanwhile, the farmers have not been paid for their produce by the sugar industries. The sugar industries have reportedly withheld the due amount of the farmers stating that they have excessive stock of sugar. The industries have said that they will be able to pay the farmers only when they sell the stock.</div> <div> The government’s decision to waive the customs duty for the state-owned Salt Trading Limited with the intention of bringing uniformity in the price of sugar has become useless due to the hike in customs duty.</div> <div> The OAG report states that the sugar imported by Salt Trading at subsidized rate has been found to be much more that the sugar imported by other businessmen by paying the customs duty.</div> <div> The report mentions that the Salt Trading had imported 37,508 metric tons of sugar in FY 2074/75 worth Rs 2.28 billion. The state-owned company had also received an exemption of Rs 387.6 million for Value Added Tax. Therefore, the cost per kg of sugar imported by Salt Trading was Rs 60. However, the report has found that other importers had brought sugar into the country at the cost of Rs 40 to 51 per kg despite paying 30 percent customs duty. Salt Trading, on the other hand, had paid only 1 percent customs duty. The cost of sugar imported by Salt Trading after including other taxes was Rs 69 per kg. 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The other indexes also remained positive.', 'content' => '<p> <strong> Pic. Showing NEPSE Daily Candle Stick Chart</strong></p> <p> </p> <p> <strong>Current Price (CMP): 1212.05</strong></p> <p> </p> <p> <strong>OHLC Update:</strong></p> <p> <strong>O: 1188.71<br /> H: 1212.05<br /> L: 1187.70<br /> C: 1212.05</strong></p> <p> </p> <p> <strong>Pivot for 4<sup>th</sup> Baisakh: </strong></p> <table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1,171.47</strong></p> </td> <td style="width:91px;"> <p> <strong>1,179.58</strong></p> </td> <td style="width:91px;"> <p> <strong>1,195.82</strong></p> </td> <td style="width:91px;"> <p> <strong>1,203.93</strong></p> </td> <td style="width:91px;"> <p> <strong>1,220.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1,228.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1,244.52</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 1st Week of Baisakh: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1150.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1162.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1173.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1185.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1196.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1208.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1219.28</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for this month: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p> <strong>1077.31</strong></p> </td> <td style="width:91px;"> <p> <strong>1104.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1144.09</strong></p> </td> <td style="width:91px;"> <p> <strong>1170.95</strong></p> </td> <td style="width:91px;"> <p> <strong>1210.87</strong></p> </td> <td style="width:91px;"> <p> <strong>1237.73</strong></p> </td> <td style="width:91px;"> <p> <strong>1277.65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> <strong>2<sup>nd</sup> Baisakh: Nrs. 30.45 Crores<br /> 3<sup>rd</sup> Baisakh: Nrs. 74.27 Crores</strong></p> <p> <strong>Commentary:</strong></p> <ul> <li> <strong>1. Today market has remained positive same as yesterday. The other indexes also remained positive.</strong></li> <li> <strong>2. There is huge change in volume. </strong></li> <li> <strong>3. All the Sub-indices are positive today as well. </strong></li> <li> <strong>4. We can see noticeable changes in Life Insurance, Non- Life Insurance, Microfinance, and Banking sectors which are 80.19, 48.92, 35.8 and 29.41 respectively. </strong></li> <li> <strong>5. Today top 5 turnovers are from the banking sector. </strong></li> </ul> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NMB </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 6.70 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>375</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NICA </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.98 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>495</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>PRVU</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.58 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>CBL </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.33 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>168</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.24 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>299</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 13.99 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>486,380</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>1,888</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>10,517</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>57</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,110</strong></p> </td> <td style="width:160px;"> <p> <strong>25</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,575</strong></p> </td> <td style="width:160px;"> <p> <strong>64</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 0.06 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>7,125</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 1.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>57,947</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>941</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 5.61 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>85,690</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>473</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>66,467</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>268</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>76,275</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>29</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.40 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>78,963</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>36</strong></p> </td> </tr> </tbody> </table> <p> <img alt="" src="/app/webroot/userfiles/images/monthly%20chart%2016th%20april.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Monthly Candle Stick Chart</strong></p> <p> <img alt="" src="/app/webroot/userfiles/images/weekly%20chart%2016th%20april%281%29.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Weekly Candle Stick Chart</strong></p> <p> <strong>Analysis:</strong></p> <ul> <li> <strong>1. Today we can observe that market had a long day as it has gained a lot of positive points.</strong></li> <li> <strong>2. The change in volume has also increased drastically as we can see that the market went from 30 crores to 70 crores today. </strong></li> <li> <strong>3. Market is in Up Trend these days as we see the positive change in the index and the turnover. </strong></li> <li> <strong>4. Market has reached the current point after 4 months of ups and downs. </strong></li> <li> <strong>5. The Candle Stick pattern is more like "Closing Marubozu".</strong></li> </ul> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10224', 'image' => '20190416051802_nepse daily chart 16th april.JPG', 'article_date' => '2019-04-16 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 1 => array( 'Article' => array( 'id' => '10471', 'article_category_id' => '1', 'title' => 'Govt Purchased Vehicles worth Rs 6 Billion in a Year', 'sub_title' => '', 'summary' => 'April 16: The 56th annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75', 'content' => '<p> April 16: The 56<sup>th</sup> annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75. According to the report, the government had purchased vehicles worth Rs 6,614,537,000 during the review period.</p> <p> Altogether 22 ministries of the federal government had purchased 1,024 four-wheelers including cars, jeep, pick-up vans. Likewise, 6,909 two-wheelers were purchased during the last FY. According to the report, there are only 1,323 human resources in those ministries while there are 1,577 four-wheelers. The Office of the Auditor General has suggested to hand over the excess vehicles to other important sectors.</p> <p> 8 vehicles utilized for personal use</p> <p> The report has further mentioned that eight Prado vehicles that were purchased for Chameliya Hydropower Project were being used for personal use. The report claims that those vehicles are being used by the former officials of the project for their personal use. Though the project had decided to return those vehicles to the government on March 30, 2010, they have not been returned yet.</p> <p> According to the report, the Ministry of Home Affairs has informed that one of the Prado jeeps with registration number BA 6 CHA 1025 has been missing.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '10223', 'image' => '20190418013229_1x-11.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10470', 'article_category_id' => '1', 'title' => 'PM’s Agriculture Modernization Project Under Scrutiny', 'sub_title' => '', 'summary' => 'April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.', 'content' => '<p> April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.</p> <p> The Commission for the Investigation of Abuse of Authority (CIAA) has arrested three persons involved in the Prime Minister Agriculture Modernization Project in Parsa’s vegetable zone.</p> <p> The anti-graft body has taken into custody Birendra Sinha, former chief of Agriculture Development Office, Parsa and two other officials of the zone operation committee.</p> <p> Sinha, accountant Satya Narayan Sahani and the committee chair Rameshwar Kushwa who had arrived at the CIAA headquarters in Kathmandu for recording their statements were arrested and sent into custody for further interrogation.</p> <p> Sinha has been accused of corruption while constructing a building worth Rs 4.5 million for the project. Other officials and office bearers of the project have gone incommunicado after the arrests of the three officials. CIAA has written a letter to Parsa Police to arrest them but the police have turned a deaf ear to the request. A source at the anti-graft body said that police are reluctant to arrest them due to their political connection.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10222', 'image' => '20190416032010_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10462', 'article_category_id' => '1', 'title' => 'Nepal’s Telecommunication Services one of the Costliests in the World', 'sub_title' => 'OAG Suggests to Regulate Telecom Companies', 'summary' => 'April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56th annual report of the Office of the Auditor General (OAG).', 'content' => '<p> April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56<sup>th</sup> annual report of the Office of the Auditor General (OAG).</p> <p> The OAG report has suggested the Ministry of Communication and Information Technology and the Nepal Telecommunication Authority (NTA) to regulate the telecom companies charging high rate to the consumers. The OAG compared the operating profit of Nepali telecom companies with telecommunication service providers in the United States, the United Kingdom, China, Malaysia, India, Japan, among others, calling for a review in the service charge of the telecommunication operators in the country.</p> <p> The report shows Nepali telecommunication providers have high operating profit, and are charging hefty service charge to the consumers. According to the OAG, the operating profit of telecommunication providers in foreign countries stands at 24-37 percent of the total income, while the profit of two telecommunication giants in Nepal is up to 62 percent.</p> <p> The OAG also concluded that the telecommunications regulatory body has not regulated the service charges imposed by the telecom companies in Nepal.</p> <p> The report shows that a telecom company in Germany has operational profit of 24 percent. Likewise, a telecom company in India has operational profit of 36.40 percent.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-17', 'keywords' => '', 'description' => '', 'sortorder' => '10221', 'image' => '20190415041410_telecom tower.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10469', 'article_category_id' => '1', 'title' => 'Auto Loans on the Rise: NRB', 'sub_title' => 'BFIs bankroll Rs 8.17 billion for auto loan in four months despite central bank’s restriction', 'summary' => 'April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. ', 'content' => '<p> April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. This is against the directive of the central bank, which had issued the order on November 6 to make 50 percent downpayment on purchase of vehicles through BFIs. But in the four months since the central bank issued such directive, BFIs have released Rs 8.17 billion for the purchase of vehicles.</p> <p> Auto loans have increased by 4.42 percent in the second quarter of the current fiscal year as compared to the first quarter.</p> <p> The total amount of auto loans was Rs 176 billion as of the end of the first quarter of the current FY which rose to Rs 184 billion in the next four months, according to Nepal Rastra Bank.</p> <p> Earlier, the BFIs were allowed to fund up to 65 percent of the auto loan but the central bank brought down the ceiling to 50 percent five months ago.</p> <p> The central bank does not consider automobiles as productive sector while the BFI have been funding in this sector arguing that automobiles will help in increasing productivity.</p> <p> Meanwhile, BFIs can fund up to 80 percent of the total cost of electric vehicles for personal use.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10220', 'image' => '20190416023825_karja - Copy.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10468', 'article_category_id' => '266', 'title' => 'NIBL Ace Capital Offers Free Demat Account', 'sub_title' => '', 'summary' => 'April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government.', 'content' => '<p> April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government. According to the company, which is a subsidiary of Nepal Investment Bank Limited, the offer started from the Nepali New Year and will be available for a limited time offer. The free Demat account is offered from NIBL Ace Capital Lazimpat, Kathmandu and its branches as well as from all the branches of NIBL bank.</p> <p> Apart from facilitation as a depository participant, NIBL Ace Capital serves around 14,00,000 shareholders of 40 registrar companies from various sectors such as commercial banks, development banks, finance companies, life insurance, non-life insurance companies, microfinance, hydropwer, manufacturing and processing industries and others. In addition, NIBL Ace Capital said it also renders services in the field of fund management that includes the NIBL Samriddhi Fund and the NIBL Pragati Fund, portfolio management services, and issue and sales management services.</p> <p> In addition to this, NIBL Ace Capital claimed to be the first company amongst its peers in the industry to cross the highest number of Demat account with more than 1, 70,000 account holders.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10219', 'image' => '20190416021131_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10467', 'article_category_id' => '266', 'title' => 'TVS Bikes and Scooters now Available on Daraz', 'sub_title' => '', 'summary' => 'April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. ', 'content' => '<p> April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. As per the agreement, prospective buyers can get discount of Rs 10,000 on purchase of TVS two-wheelers from Daraz.</p> <p> According to the company, this New Year offer will be valid for a limited period of time and only first hundred customers will benefit from it. This offer is only applicable if the purchase is made from Daraz online inside Kathmandu.</p> <p> Deepak Agrawal , vice president of Jagadamba Motors Pvt Ltd and Lino Ahlering, managing director of Daraz online shopping portal, signed the MOU on April 10.</p> <p> Daraz has been offering a wide range of products including clothing, footwear, accessories, electronics, mobile phones, and much more.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10218', 'image' => '20190416015842_TVS and DARAZ.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10466', 'article_category_id' => '266', 'title' => 'MOU between Sanima Bank and Max Healthcare Institute Limited', 'sub_title' => '', 'summary' => 'April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.', 'content' => '<p> April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.</p> <p> Bikram Shrestha, head of digital banking at Sanima Bank, and Suraj Joseph, DGM for sales and marketing of Max Healthcare Institute, signed the agreement on behalf of the respective organisations amid a recent function.</p> <p> Max Healthcare Institute is a hospital chain based in New Delhi, India with 14 hospitals across North India.</p> <p> As per the agreement, Sanima Banks' debit/credit cardholders can make hassle free payment to the alliance hospitals of Max Healthcare Institution for health treatment. In addition, Sanima Banks' card holders will get up to 5 percent discount on various healthcare services.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10217', 'image' => '20190416015132_sanima.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10465', 'article_category_id' => '266', 'title' => 'NMB Bank’s New Year Offer', 'sub_title' => '', 'summary' => 'April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.', 'content' => '<p> April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.</p> <p> The bank said in a statement it has been campaigning for financial literacy with its nationwide campaign ‘Ek Ghar Ek Khata’ which now gains further momentum with the government’s new initiative with the onset of the New Year’</p> <p> As part of the government’s umbrella campaign, the bank shall deposit Rs 100 in every new NMB Sabaiko Sahara Bachat Khata and also offers insurance facility upto Rs 1 million against 18 critical illnesses, accidental death and permanent total disability. The account further offers highest interest rate, free Demat account, internet banking and mobile banking plus the option to avail either NMB Visa Debit Card of NMB Delight Card which offers free withdrawals from any ATM across the country.</p> <p> NMB Bank currently has a network of 110 branches, 99 ATMs and four extension counters across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10216', 'image' => '20190416014617_nmb.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10464', 'article_category_id' => '266', 'title' => ' International Recognition for Kumari Bank', 'sub_title' => '', 'summary' => 'April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019.', 'content' => '<p> April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019. Issuing a statement on Monday, the bank said it is the first ever Nepali bank to receive the “Accelerated Transformation Award” from Finacle InfoSys.</p> <p> The Finacle Client Innovation Award is a global platform of recognition given to banks delivering breakthrough innovations in banking products, customer service, process design and distribution channels via capitalization on Finacle solutions, according to the statement.</p> <p> With over 250 nominations received for eight categories, Kumari Bank Limited successfully bagged the title for core banking modernization in the “Accelerated Transformation” category this year.</p> <p> “With this, Kumari Bank has set up a historical record for successful migration of CBS Finacle Version 10.2.19 in the shortest recorded time of 4.5 months. Similarly, in the same category, Punjab National Bank has also bagged the award for its agile core transformation. Likewise, ICICI bank, Andhra Bank and Emirates NDB (UAE) were among the runner-ups within the category,” the statement said. </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10215', 'image' => '20190416013751_kumari.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10463', 'article_category_id' => '266', 'title' => 'Vianet's New Year Offer', 'sub_title' => '', 'summary' => 'April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076.', 'content' => '<div> April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076. Under this offer, customers can get two months of free Internet and TV service with the yearly subscription of Vianet, the company said in a statement.</div> <div> </div> <div> Vianet said it has given special attention to customer care with a call centre having more than 150 people available round the clock 365 days of the year.</div> <div> </div> <div> “As a part of its service offering, Vianet also provides intuitive self-service client-customer portal and innovative customer mobile app to its customers for managing, monitoring and receiving support services easily,” the statement added.</div> <div> </div> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10214', 'image' => '20190416032305_a.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10461', 'article_category_id' => '1', 'title' => 'Market Watch 15th april', 'sub_title' => '', 'summary' => 'Today market has remained positive along with other indexes.', 'content' => '<div> Pic. Showing NEPSE Monthly Candle Stick Chart</div> <div> </div> <div> Current Market Price (CMP): 1188.71</div> <div> </div> <div> OHLC Update of 2nd Baisakh: </div> <div> O: 1184.02</div> <div> H: 1188.71</div> <div> L: 1181.87</div> <div> C: 1188.71</div> <div> </div> <div> <strong><span style="font-size:14px;">Pivot Table for 1st Baisakh:</span></strong></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3</td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1</td> <td> Pivot</td> <td> R1</td> <td> R2</td> <td> R3</td> </tr> <tr> <td> 1,177.31<span style="white-space: pre;"> </span></td> <td> 1,179.59<span style="white-space: pre;"> </span></td> <td> 1,184.15<span style="white-space: pre;"> </span></td> <td> 1,186.43<span style="white-space: pre;"> </span></td> <td> 1,190.99<span style="white-space: pre;"> </span></td> <td> 1,193.27<span style="white-space: pre;"> </span></td> <td> 1,197.83</td> </tr> </tbody> </table> </div> <div> <span style="font-size:14px;"><strong>Pivot for the 1st Week of Baisakh: </strong></span></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1150.28<span style="white-space: pre;"> </span></td> <td> 1162.54<span style="white-space: pre;"> </span></td> <td> 1173.28<span style="white-space: pre;"> </span></td> <td> 1185.54<span style="white-space: pre;"> </span></td> <td> 1196.28<span style="white-space: pre;"> </span></td> <td> 1208.54<span style="white-space: pre;"> </span></td> <td> 1219.28</td> </tr> </tbody> </table> <p> <span style="font-size:14px;"><strong>Pivot for this month:</strong></span></p> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1077.31<span style="white-space: pre;"> </span></td> <td> 1104.17<span style="white-space: pre;"> </span></td> <td> 1144.09<span style="white-space: pre;"> </span></td> <td> 1170.95<span style="white-space: pre;"> </span></td> <td> 1210.87<span style="white-space: pre;"> </span></td> <td> 1237.73<span style="white-space: pre;"> </span></td> <td> 1277.65</td> </tr> </tbody> </table> <div> </div> <div> <span style="font-size:14px;"><strong>Turnover Update:</strong></span></div> <div> 28THChaitra: Nrs. 39.64 Crores</div> <div> 2nd Baisakh: Nrs. 30.45 Crores</div> </div> <div> </div> <div style="text-align: center;"> <img alt="" src="/app/webroot/userfiles/images/1x%289%29.jpg" style="width: 735px; height: 525px;" /></div> <div> Pic. Showing NEPSE Weekly Candle Stick Chart</div> <div> </div> <div> <span style="font-size:14px;"><strong>Commentary:</strong></span></div> <div> 1.Today market has remained positive along with other indexes.</div> <div> 2.The NEPSE market made its highest and closing at the same point where as made it's low at 3rd hour. </div> <div> 3.The sub-indices of most of the listed sectors are positive excluding for Hydro Power, Finance, Others and Life insurance.</div> <div> 4.We observe that the Microfinance and Hotels has bought noticeable change in points which are 42.44 and 22.49 respectively. </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Top 5 Scrips by turnovers:</strong></span></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p> <strong>Scrips </strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NIL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 2.75 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>522</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>KBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.96crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NICA</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.83 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>470</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>EIC </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.68 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>1,028</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NMB</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.62 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>361</strong></p> </td> </tr> </tbody> </table> </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Sector Wise Summary: </strong></span></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 23.59 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>800,788</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>2,836</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance </strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.23 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>15,730</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>77</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.13 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>5,279</strong></p> </td> <td style="width:160px;"> <p> <strong>38</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.66Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>16,190</strong></p> </td> <td style="width:160px;"> <p> <strong>114</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>NRs. 0.71 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>8,847</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 2.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>113,068</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>1,501</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 3.78Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>60,617</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>493</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.33 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>77,054</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>390</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.02 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>26,180</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>19</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.85 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>30,401</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>51</strong></p> </td> </tr> </tbody> </table> </div> <div style="text-align: center;"> </div> <div> </div> <div> <strong style="font-size: 14px;">Analysis:</strong></div> <div> 1.The volume of today is lower than that of the last trade of 28th Chaitra. </div> <div> 2.The candle stick pattern today is more like "Hammer". </div> <div> 3.We can see the pattern formed today in comparison to 28th is engulfing as the highest point and lowest point of 28th is higher and lower than that of 2nd Baisakh. </div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10213', 'image' => '20190415040827_2.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 12 => array( 'Article' => array( 'id' => '10458', 'article_category_id' => '1', 'title' => 'Chitwan packed with Internal Tourists during New Year', 'sub_title' => '', 'summary' => 'April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. ', 'content' => '<p> April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. Almost all the hotels in major tourism destinations like Sauraha, Meghauli and Patihani are currently occupied with internal tourists. According to the hotel entrepreneurs of Chitwan, the number of internal tourists is double the number international tourists.</p> <p> Entrepreneurs told New Business Age that the number of internal tourists has increased with the arrival of the New Year. Founder of Sauraha’s Sapana Village and Lodge, Dhruba Giri, said that all the rooms of the lodge are occupied.</p> <p> Most of the tourists here are from Kathmandu, Pokhara and Chitwan. Majority of the tourists visit here for jeep safari, elephant safari, jungle walk, boating among others.</p> <p> Kasara Resort’s Director Sonam Sherpa shared that Patihani also received a considerable number internal tourists.</p> <p> There are more than 110 small and big hotels in Sauraha, a major tourism destination in Chitwan. Likewise, there are more than two dozens of big hotels and resorts in Patihani and Meghauli.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10212', 'image' => '20190415022754_aaa.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10460', 'article_category_id' => '1', 'title' => 'Government Launches Visit Nepal Year 2020 from Pokhara', 'sub_title' => '', 'summary' => 'April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. ', 'content' => '<p> April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. Chief Minister of Gandaki Province officially inaugurated the campaign amid a function on Saturday, April 13. The government had initiated the campaign with the aim of attracting 2 million tourists in Nepal in 2020.</p> <p> The government considers bringing in maximum number of tourists as well as promoting internal tourism as one of the means to achieve its goal of economic prosperity. In this regard, the Ministry of Culture, Tourism and Civil Aviation organised the soft launch of the campaign in Pokhara.</p> <p> During the function, Chief Minister Gurung said that the Gandaki Province considers tourism as a means to achieve national prosperity. He said that the province has started 232 home-stay facilities keeping in view the comfort of the torists.</p> <p> He also said that the province can attract pilgrims from India. He also said inaugurating the campaign from the shore of Fewa Lake has made Pokhara the undisputed “capital of tourism” in Nepal.</p> <p> According to CM Gurung, 40 percent of the tourists visiting Nepal come to Pokhara.</p> <p> “This is both an opportunity as well as challenge for Pokhara. When 2 million tourists visit Nepal, Pokhara has to accommodate 800,000 tourists,” he said.</p> <p> The chief minister further said that the government is upgrading road and air services and that it won’t be much of a problem to welcome 2 million tourists if all three levels of governments work hand in hand.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10211', 'image' => '20190415040507_visit nepal.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10457', 'article_category_id' => '1', 'title' => 'Govt Decision to Hike Customs Duty on Import of Sugar hits Consumers, State Coffers', 'sub_title' => '', 'summary' => 'April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.', 'content' => '<div> April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.</div> <div> The general public was forced to purchase sugar at high cost due to the deliberate decision of the government that also resulted in the increase in price of sugar, according to the available data. A report prepared by the Office of the Auditor General (OAG) states that the government’s delay in implementing an understanding reached with sugar producers to hike the tariff resulted in import of excessive sugar in the country. Despite having adequate stock, the consumers could not purchase sugar at reasonable price, the report says.</div> <div> The Ministry of Finance had reached an understanding with sugar producers on December 26, 2017 to increase tax on import of sugar in order to protect the domestic sugar industries.</div> <div> But the government increased the tax on import of sugar from 15 percent to 30 percent only on April 17, 2018. Due to the delay in implementing the decision by four months, the customs department incurred losses of Rs 530.66 million as the country imported 79,044 metric tons of sugar worth Rs 3.57 billion during the period, according to the OAG report.</div> <div> According to the report, Nepal imported 71,000 metric tons of sugar in FY 2073/74. The import of sugar in FY 2074/75 was 234,000 metric tons, which is 3.3 times more than the import in the preceding year. </div> <div> The country consumes 230,000 metric tons of sugar on an annual basis while the domestic production of sugar is 175,000 metric tons. The data of the OAG report clearly shows that the country imported sugar much more than Nepal’s consumption. This indicates that the excessive sugar was kept as stock. Despite having excessive stock of sugar, the consumers couldn’t purchase it at a reasonable price. </div> <div> Meanwhile, the farmers have not been paid for their produce by the sugar industries. The sugar industries have reportedly withheld the due amount of the farmers stating that they have excessive stock of sugar. The industries have said that they will be able to pay the farmers only when they sell the stock.</div> <div> The government’s decision to waive the customs duty for the state-owned Salt Trading Limited with the intention of bringing uniformity in the price of sugar has become useless due to the hike in customs duty.</div> <div> The OAG report states that the sugar imported by Salt Trading at subsidized rate has been found to be much more that the sugar imported by other businessmen by paying the customs duty.</div> <div> The report mentions that the Salt Trading had imported 37,508 metric tons of sugar in FY 2074/75 worth Rs 2.28 billion. The state-owned company had also received an exemption of Rs 387.6 million for Value Added Tax. Therefore, the cost per kg of sugar imported by Salt Trading was Rs 60. However, the report has found that other importers had brought sugar into the country at the cost of Rs 40 to 51 per kg despite paying 30 percent customs duty. Salt Trading, on the other hand, had paid only 1 percent customs duty. The cost of sugar imported by Salt Trading after including other taxes was Rs 69 per kg. Therefore, the government had fixed the price of sugar between Rs 65 to Rs 70 per kg.</div> <div> </div> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10210', 'image' => '20190415015959_ssss.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10473', 'article_category_id' => '1', 'title' => 'Market Watch of April 16', 'sub_title' => '', 'summary' => 'Today market has remained positive same as yesterday. The other indexes also remained positive.', 'content' => '<p> <strong> Pic. Showing NEPSE Daily Candle Stick Chart</strong></p> <p> </p> <p> <strong>Current Price (CMP): 1212.05</strong></p> <p> </p> <p> <strong>OHLC Update:</strong></p> <p> <strong>O: 1188.71<br /> H: 1212.05<br /> L: 1187.70<br /> C: 1212.05</strong></p> <p> </p> <p> <strong>Pivot for 4<sup>th</sup> Baisakh: </strong></p> <table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1,171.47</strong></p> </td> <td style="width:91px;"> <p> <strong>1,179.58</strong></p> </td> <td style="width:91px;"> <p> <strong>1,195.82</strong></p> </td> <td style="width:91px;"> <p> <strong>1,203.93</strong></p> </td> <td style="width:91px;"> <p> <strong>1,220.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1,228.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1,244.52</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 1st Week of Baisakh: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:78px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:78px;"> <p> <strong>1150.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1162.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1173.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1185.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1196.28</strong></p> </td> <td style="width:91px;"> <p> <strong>1208.54</strong></p> </td> <td style="width:91px;"> <p> <strong>1219.28</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for this month: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p> <strong>S3</strong></p> </td> <td style="width:91px;"> <p> <strong>S2</strong></p> </td> <td style="width:91px;"> <p> <strong>S1</strong></p> </td> <td style="width:91px;"> <p> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p> <strong>R1</strong></p> </td> <td style="width:91px;"> <p> <strong>R2</strong></p> </td> <td style="width:91px;"> <p> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p> <strong>1077.31</strong></p> </td> <td style="width:91px;"> <p> <strong>1104.17</strong></p> </td> <td style="width:91px;"> <p> <strong>1144.09</strong></p> </td> <td style="width:91px;"> <p> <strong>1170.95</strong></p> </td> <td style="width:91px;"> <p> <strong>1210.87</strong></p> </td> <td style="width:91px;"> <p> <strong>1237.73</strong></p> </td> <td style="width:91px;"> <p> <strong>1277.65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> <strong>2<sup>nd</sup> Baisakh: Nrs. 30.45 Crores<br /> 3<sup>rd</sup> Baisakh: Nrs. 74.27 Crores</strong></p> <p> <strong>Commentary:</strong></p> <ul> <li> <strong>1. Today market has remained positive same as yesterday. The other indexes also remained positive.</strong></li> <li> <strong>2. There is huge change in volume. </strong></li> <li> <strong>3. All the Sub-indices are positive today as well. </strong></li> <li> <strong>4. We can see noticeable changes in Life Insurance, Non- Life Insurance, Microfinance, and Banking sectors which are 80.19, 48.92, 35.8 and 29.41 respectively. </strong></li> <li> <strong>5. Today top 5 turnovers are from the banking sector. </strong></li> </ul> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NMB </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 6.70 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>375</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NICA </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.98 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>495</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>PRVU</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 4.58 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>CBL </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.33 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>168</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 3.24 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>299</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 13.99 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>486,380</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>1,888</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>10,517</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>57</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,110</strong></p> </td> <td style="width:160px;"> <p> <strong>25</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.01 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>4,575</strong></p> </td> <td style="width:160px;"> <p> <strong>64</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 0.06 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>7,125</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 1.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>57,947</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>941</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 5.61 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>85,690</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>473</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>66,467</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>268</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>76,275</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>29</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.40 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>78,963</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>36</strong></p> </td> </tr> </tbody> </table> <p> <img alt="" src="/app/webroot/userfiles/images/monthly%20chart%2016th%20april.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Monthly Candle Stick Chart</strong></p> <p> <img alt="" src="/app/webroot/userfiles/images/weekly%20chart%2016th%20april%281%29.JPG" style="width: 800px; height: 600px;" /></p> <p align="center"> <strong> Pic. Showing NEPSE Weekly Candle Stick Chart</strong></p> <p> <strong>Analysis:</strong></p> <ul> <li> <strong>1. Today we can observe that market had a long day as it has gained a lot of positive points.</strong></li> <li> <strong>2. The change in volume has also increased drastically as we can see that the market went from 30 crores to 70 crores today. </strong></li> <li> <strong>3. Market is in Up Trend these days as we see the positive change in the index and the turnover. </strong></li> <li> <strong>4. Market has reached the current point after 4 months of ups and downs. </strong></li> <li> <strong>5. The Candle Stick pattern is more like "Closing Marubozu".</strong></li> </ul> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10224', 'image' => '20190416051802_nepse daily chart 16th april.JPG', 'article_date' => '2019-04-16 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 1 => array( 'Article' => array( 'id' => '10471', 'article_category_id' => '1', 'title' => 'Govt Purchased Vehicles worth Rs 6 Billion in a Year', 'sub_title' => '', 'summary' => 'April 16: The 56th annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75', 'content' => '<p> April 16: The 56<sup>th</sup> annual audit report of the Office of the Auditor General has revealed that the government purchased 254 extra vehicles in the fiscal year 2074/75. According to the report, the government had purchased vehicles worth Rs 6,614,537,000 during the review period.</p> <p> Altogether 22 ministries of the federal government had purchased 1,024 four-wheelers including cars, jeep, pick-up vans. Likewise, 6,909 two-wheelers were purchased during the last FY. According to the report, there are only 1,323 human resources in those ministries while there are 1,577 four-wheelers. The Office of the Auditor General has suggested to hand over the excess vehicles to other important sectors.</p> <p> 8 vehicles utilized for personal use</p> <p> The report has further mentioned that eight Prado vehicles that were purchased for Chameliya Hydropower Project were being used for personal use. The report claims that those vehicles are being used by the former officials of the project for their personal use. Though the project had decided to return those vehicles to the government on March 30, 2010, they have not been returned yet.</p> <p> According to the report, the Ministry of Home Affairs has informed that one of the Prado jeeps with registration number BA 6 CHA 1025 has been missing.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '10223', 'image' => '20190418013229_1x-11.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10470', 'article_category_id' => '1', 'title' => 'PM’s Agriculture Modernization Project Under Scrutiny', 'sub_title' => '', 'summary' => 'April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.', 'content' => '<p> April 16: The government’s project to commercialize and modernize the agriculture sector has been embroiled in corruption.</p> <p> The Commission for the Investigation of Abuse of Authority (CIAA) has arrested three persons involved in the Prime Minister Agriculture Modernization Project in Parsa’s vegetable zone.</p> <p> The anti-graft body has taken into custody Birendra Sinha, former chief of Agriculture Development Office, Parsa and two other officials of the zone operation committee.</p> <p> Sinha, accountant Satya Narayan Sahani and the committee chair Rameshwar Kushwa who had arrived at the CIAA headquarters in Kathmandu for recording their statements were arrested and sent into custody for further interrogation.</p> <p> Sinha has been accused of corruption while constructing a building worth Rs 4.5 million for the project. Other officials and office bearers of the project have gone incommunicado after the arrests of the three officials. CIAA has written a letter to Parsa Police to arrest them but the police have turned a deaf ear to the request. A source at the anti-graft body said that police are reluctant to arrest them due to their political connection.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10222', 'image' => '20190416032010_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10462', 'article_category_id' => '1', 'title' => 'Nepal’s Telecommunication Services one of the Costliests in the World', 'sub_title' => 'OAG Suggests to Regulate Telecom Companies', 'summary' => 'April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56th annual report of the Office of the Auditor General (OAG).', 'content' => '<p> April 15: The cost of telecommunications services in Nepal is double the rate in other countries, which is a violation of the Consumer Protection Act, 2018, according to the 56<sup>th</sup> annual report of the Office of the Auditor General (OAG).</p> <p> The OAG report has suggested the Ministry of Communication and Information Technology and the Nepal Telecommunication Authority (NTA) to regulate the telecom companies charging high rate to the consumers. The OAG compared the operating profit of Nepali telecom companies with telecommunication service providers in the United States, the United Kingdom, China, Malaysia, India, Japan, among others, calling for a review in the service charge of the telecommunication operators in the country.</p> <p> The report shows Nepali telecommunication providers have high operating profit, and are charging hefty service charge to the consumers. According to the OAG, the operating profit of telecommunication providers in foreign countries stands at 24-37 percent of the total income, while the profit of two telecommunication giants in Nepal is up to 62 percent.</p> <p> The OAG also concluded that the telecommunications regulatory body has not regulated the service charges imposed by the telecom companies in Nepal.</p> <p> The report shows that a telecom company in Germany has operational profit of 24 percent. Likewise, a telecom company in India has operational profit of 36.40 percent.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-17', 'keywords' => '', 'description' => '', 'sortorder' => '10221', 'image' => '20190415041410_telecom tower.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10469', 'article_category_id' => '1', 'title' => 'Auto Loans on the Rise: NRB', 'sub_title' => 'BFIs bankroll Rs 8.17 billion for auto loan in four months despite central bank’s restriction', 'summary' => 'April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. ', 'content' => '<p> April 16: Despite the central bank’s efforts to minimize the sale of automobiles, banks and financial institutions providing auto loans has been increasing. This is against the directive of the central bank, which had issued the order on November 6 to make 50 percent downpayment on purchase of vehicles through BFIs. But in the four months since the central bank issued such directive, BFIs have released Rs 8.17 billion for the purchase of vehicles.</p> <p> Auto loans have increased by 4.42 percent in the second quarter of the current fiscal year as compared to the first quarter.</p> <p> The total amount of auto loans was Rs 176 billion as of the end of the first quarter of the current FY which rose to Rs 184 billion in the next four months, according to Nepal Rastra Bank.</p> <p> Earlier, the BFIs were allowed to fund up to 65 percent of the auto loan but the central bank brought down the ceiling to 50 percent five months ago.</p> <p> The central bank does not consider automobiles as productive sector while the BFI have been funding in this sector arguing that automobiles will help in increasing productivity.</p> <p> Meanwhile, BFIs can fund up to 80 percent of the total cost of electric vehicles for personal use.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10220', 'image' => '20190416023825_karja - Copy.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10468', 'article_category_id' => '266', 'title' => 'NIBL Ace Capital Offers Free Demat Account', 'sub_title' => '', 'summary' => 'April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government.', 'content' => '<p> April 16: NIBL Ace Capital has launched free Demat account to support the ‘One Nepali, One Demat Account’ campaign of the government. According to the company, which is a subsidiary of Nepal Investment Bank Limited, the offer started from the Nepali New Year and will be available for a limited time offer. The free Demat account is offered from NIBL Ace Capital Lazimpat, Kathmandu and its branches as well as from all the branches of NIBL bank.</p> <p> Apart from facilitation as a depository participant, NIBL Ace Capital serves around 14,00,000 shareholders of 40 registrar companies from various sectors such as commercial banks, development banks, finance companies, life insurance, non-life insurance companies, microfinance, hydropwer, manufacturing and processing industries and others. In addition, NIBL Ace Capital said it also renders services in the field of fund management that includes the NIBL Samriddhi Fund and the NIBL Pragati Fund, portfolio management services, and issue and sales management services.</p> <p> In addition to this, NIBL Ace Capital claimed to be the first company amongst its peers in the industry to cross the highest number of Demat account with more than 1, 70,000 account holders.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10219', 'image' => '20190416021131_aaaa.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10467', 'article_category_id' => '266', 'title' => 'TVS Bikes and Scooters now Available on Daraz', 'sub_title' => '', 'summary' => 'April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. ', 'content' => '<p> April 16: Jagdamba Motors has signed an agreement with online shopping portal Daraz for the online sale of TVS two-wheelers in Nepal. As per the agreement, prospective buyers can get discount of Rs 10,000 on purchase of TVS two-wheelers from Daraz.</p> <p> According to the company, this New Year offer will be valid for a limited period of time and only first hundred customers will benefit from it. This offer is only applicable if the purchase is made from Daraz online inside Kathmandu.</p> <p> Deepak Agrawal , vice president of Jagadamba Motors Pvt Ltd and Lino Ahlering, managing director of Daraz online shopping portal, signed the MOU on April 10.</p> <p> Daraz has been offering a wide range of products including clothing, footwear, accessories, electronics, mobile phones, and much more.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10218', 'image' => '20190416015842_TVS and DARAZ.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10466', 'article_category_id' => '266', 'title' => 'MOU between Sanima Bank and Max Healthcare Institute Limited', 'sub_title' => '', 'summary' => 'April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.', 'content' => '<p> April 16: Sanima Bank Limed has signed an agreement with Max Healthcare Institute Limited to provide hassle free payment service for Sanima Bank’s debit/credit cardholders for medical treatment at various hospitals of the institute.</p> <p> Bikram Shrestha, head of digital banking at Sanima Bank, and Suraj Joseph, DGM for sales and marketing of Max Healthcare Institute, signed the agreement on behalf of the respective organisations amid a recent function.</p> <p> Max Healthcare Institute is a hospital chain based in New Delhi, India with 14 hospitals across North India.</p> <p> As per the agreement, Sanima Banks' debit/credit cardholders can make hassle free payment to the alliance hospitals of Max Healthcare Institution for health treatment. In addition, Sanima Banks' card holders will get up to 5 percent discount on various healthcare services.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10217', 'image' => '20190416015132_sanima.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10465', 'article_category_id' => '266', 'title' => 'NMB Bank’s New Year Offer', 'sub_title' => '', 'summary' => 'April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.', 'content' => '<p> April 16: NMB Bank has announced the launch of a new product – NMB Sabaiko Sahara Bachat Khata – in line with the government’s campaign to open bank account for every citizen.</p> <p> The bank said in a statement it has been campaigning for financial literacy with its nationwide campaign ‘Ek Ghar Ek Khata’ which now gains further momentum with the government’s new initiative with the onset of the New Year’</p> <p> As part of the government’s umbrella campaign, the bank shall deposit Rs 100 in every new NMB Sabaiko Sahara Bachat Khata and also offers insurance facility upto Rs 1 million against 18 critical illnesses, accidental death and permanent total disability. The account further offers highest interest rate, free Demat account, internet banking and mobile banking plus the option to avail either NMB Visa Debit Card of NMB Delight Card which offers free withdrawals from any ATM across the country.</p> <p> NMB Bank currently has a network of 110 branches, 99 ATMs and four extension counters across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10216', 'image' => '20190416014617_nmb.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10464', 'article_category_id' => '266', 'title' => ' International Recognition for Kumari Bank', 'sub_title' => '', 'summary' => 'April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019.', 'content' => '<p> April 16: Kumari Bank Limited has been bagged an international award at the InfoSys Finacle Client Innovation Awards 2019. Issuing a statement on Monday, the bank said it is the first ever Nepali bank to receive the “Accelerated Transformation Award” from Finacle InfoSys.</p> <p> The Finacle Client Innovation Award is a global platform of recognition given to banks delivering breakthrough innovations in banking products, customer service, process design and distribution channels via capitalization on Finacle solutions, according to the statement.</p> <p> With over 250 nominations received for eight categories, Kumari Bank Limited successfully bagged the title for core banking modernization in the “Accelerated Transformation” category this year.</p> <p> “With this, Kumari Bank has set up a historical record for successful migration of CBS Finacle Version 10.2.19 in the shortest recorded time of 4.5 months. Similarly, in the same category, Punjab National Bank has also bagged the award for its agile core transformation. Likewise, ICICI bank, Andhra Bank and Emirates NDB (UAE) were among the runner-ups within the category,” the statement said. </p> <p> </p> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10215', 'image' => '20190416013751_kumari.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10463', 'article_category_id' => '266', 'title' => 'Vianet's New Year Offer', 'sub_title' => '', 'summary' => 'April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076.', 'content' => '<div> April 16: Internet Service Provider Vianet Communications has introduced a new offer on the occasion of Nepali New Year 2076. Under this offer, customers can get two months of free Internet and TV service with the yearly subscription of Vianet, the company said in a statement.</div> <div> </div> <div> Vianet said it has given special attention to customer care with a call centre having more than 150 people available round the clock 365 days of the year.</div> <div> </div> <div> “As a part of its service offering, Vianet also provides intuitive self-service client-customer portal and innovative customer mobile app to its customers for managing, monitoring and receiving support services easily,” the statement added.</div> <div> </div> ', 'published' => true, 'created' => '2019-04-16', 'modified' => '2019-04-16', 'keywords' => '', 'description' => '', 'sortorder' => '10214', 'image' => '20190416032305_a.jpg', 'article_date' => '2019-04-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '10461', 'article_category_id' => '1', 'title' => 'Market Watch 15th april', 'sub_title' => '', 'summary' => 'Today market has remained positive along with other indexes.', 'content' => '<div> Pic. Showing NEPSE Monthly Candle Stick Chart</div> <div> </div> <div> Current Market Price (CMP): 1188.71</div> <div> </div> <div> OHLC Update of 2nd Baisakh: </div> <div> O: 1184.02</div> <div> H: 1188.71</div> <div> L: 1181.87</div> <div> C: 1188.71</div> <div> </div> <div> <strong><span style="font-size:14px;">Pivot Table for 1st Baisakh:</span></strong></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3</td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1</td> <td> Pivot</td> <td> R1</td> <td> R2</td> <td> R3</td> </tr> <tr> <td> 1,177.31<span style="white-space: pre;"> </span></td> <td> 1,179.59<span style="white-space: pre;"> </span></td> <td> 1,184.15<span style="white-space: pre;"> </span></td> <td> 1,186.43<span style="white-space: pre;"> </span></td> <td> 1,190.99<span style="white-space: pre;"> </span></td> <td> 1,193.27<span style="white-space: pre;"> </span></td> <td> 1,197.83</td> </tr> </tbody> </table> </div> <div> <span style="font-size:14px;"><strong>Pivot for the 1st Week of Baisakh: </strong></span></div> <div> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1150.28<span style="white-space: pre;"> </span></td> <td> 1162.54<span style="white-space: pre;"> </span></td> <td> 1173.28<span style="white-space: pre;"> </span></td> <td> 1185.54<span style="white-space: pre;"> </span></td> <td> 1196.28<span style="white-space: pre;"> </span></td> <td> 1208.54<span style="white-space: pre;"> </span></td> <td> 1219.28</td> </tr> </tbody> </table> <p> <span style="font-size:14px;"><strong>Pivot for this month:</strong></span></p> <table border="2" cellpadding="1" cellspacing="1" style="width: 500px"> <tbody> <tr> <td> S3<span style="white-space: pre;"> </span></td> <td> S2<span style="white-space: pre;"> </span></td> <td> S1<span style="white-space: pre;"> </span></td> <td> Pivot<span style="white-space: pre;"> </span></td> <td> R1<span style="white-space: pre;"> </span></td> <td> R2<span style="white-space: pre;"> </span></td> <td> R3</td> </tr> <tr> <td> 1077.31<span style="white-space: pre;"> </span></td> <td> 1104.17<span style="white-space: pre;"> </span></td> <td> 1144.09<span style="white-space: pre;"> </span></td> <td> 1170.95<span style="white-space: pre;"> </span></td> <td> 1210.87<span style="white-space: pre;"> </span></td> <td> 1237.73<span style="white-space: pre;"> </span></td> <td> 1277.65</td> </tr> </tbody> </table> <div> </div> <div> <span style="font-size:14px;"><strong>Turnover Update:</strong></span></div> <div> 28THChaitra: Nrs. 39.64 Crores</div> <div> 2nd Baisakh: Nrs. 30.45 Crores</div> </div> <div> </div> <div style="text-align: center;"> <img alt="" src="/app/webroot/userfiles/images/1x%289%29.jpg" style="width: 735px; height: 525px;" /></div> <div> Pic. Showing NEPSE Weekly Candle Stick Chart</div> <div> </div> <div> <span style="font-size:14px;"><strong>Commentary:</strong></span></div> <div> 1.Today market has remained positive along with other indexes.</div> <div> 2.The NEPSE market made its highest and closing at the same point where as made it's low at 3rd hour. </div> <div> 3.The sub-indices of most of the listed sectors are positive excluding for Hydro Power, Finance, Others and Life insurance.</div> <div> 4.We observe that the Microfinance and Hotels has bought noticeable change in points which are 42.44 and 22.49 respectively. </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Top 5 Scrips by turnovers:</strong></span></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p> <strong>Scrips </strong></p> </td> <td style="width:202px;"> <p> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NIL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 2.75 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>522</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>KBL</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.96crores</strong></p> </td> <td style="width:199px;"> <p> <strong>263</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NICA</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.83 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>470</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>EIC </strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.68 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>1,028</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p> <strong>NMB</strong></p> </td> <td style="width:202px;"> <p> <strong>NRs. 1.62 crores</strong></p> </td> <td style="width:199px;"> <p> <strong>361</strong></p> </td> </tr> </tbody> </table> </div> <div> </div> <div> <p> <span style="font-size:14px;"><strong>Sector Wise Summary: </strong></span></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;"> <p> <strong>Sector</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover Values</strong></p> </td> <td style="width:160px;"> <p> <strong>Turnover volume</strong></p> </td> <td style="width:160px;"> <p> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>NRs. 23.59 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>800,788</strong></p> </td> <td style="width:160px;height:29px;"> <p> <strong>2,836</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p> <strong>Finance </strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>NRs. 0.23 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>15,730</strong></p> </td> <td style="width:160px;height:34px;"> <p> <strong>77</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.13 Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>5,279</strong></p> </td> <td style="width:160px;"> <p> <strong>38</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p> <strong>NRs. 0.66Crores</strong></p> </td> <td style="width:160px;"> <p> <strong>16,190</strong></p> </td> <td style="width:160px;"> <p> <strong>114</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>NRs. 0.71 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>8,847</strong></p> </td> <td style="width:160px;height:35px;"> <p> <strong>96</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>NRs. 2.10 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>113,068</strong></p> </td> <td style="width:160px;height:36px;"> <p> <strong>1,501</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 3.78Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>60,617</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>493</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 1.33 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>77,054</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>390</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.02 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>26,180</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>19</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>NRs. 0.85 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>30,401</strong></p> </td> <td style="width:160px;height:41px;"> <p> <strong>51</strong></p> </td> </tr> </tbody> </table> </div> <div style="text-align: center;"> </div> <div> </div> <div> <strong style="font-size: 14px;">Analysis:</strong></div> <div> 1.The volume of today is lower than that of the last trade of 28th Chaitra. </div> <div> 2.The candle stick pattern today is more like "Hammer". </div> <div> 3.We can see the pattern formed today in comparison to 28th is engulfing as the highest point and lowest point of 28th is higher and lower than that of 2nd Baisakh. </div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10213', 'image' => '20190415040827_2.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 12 => array( 'Article' => array( 'id' => '10458', 'article_category_id' => '1', 'title' => 'Chitwan packed with Internal Tourists during New Year', 'sub_title' => '', 'summary' => 'April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. ', 'content' => '<p> April 15: With the start of the Nepali New Year, inflow of domestic tourists has increased in Chitwan. Almost all the hotels in major tourism destinations like Sauraha, Meghauli and Patihani are currently occupied with internal tourists. According to the hotel entrepreneurs of Chitwan, the number of internal tourists is double the number international tourists.</p> <p> Entrepreneurs told New Business Age that the number of internal tourists has increased with the arrival of the New Year. Founder of Sauraha’s Sapana Village and Lodge, Dhruba Giri, said that all the rooms of the lodge are occupied.</p> <p> Most of the tourists here are from Kathmandu, Pokhara and Chitwan. Majority of the tourists visit here for jeep safari, elephant safari, jungle walk, boating among others.</p> <p> Kasara Resort’s Director Sonam Sherpa shared that Patihani also received a considerable number internal tourists.</p> <p> There are more than 110 small and big hotels in Sauraha, a major tourism destination in Chitwan. Likewise, there are more than two dozens of big hotels and resorts in Patihani and Meghauli.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10212', 'image' => '20190415022754_aaa.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10460', 'article_category_id' => '1', 'title' => 'Government Launches Visit Nepal Year 2020 from Pokhara', 'sub_title' => '', 'summary' => 'April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. ', 'content' => '<p> April 15: The government has inaugurated the Visit Nepal Year 2020 campaign from Pokhara, a city famed for its scenic beauty and lakes. Chief Minister of Gandaki Province officially inaugurated the campaign amid a function on Saturday, April 13. The government had initiated the campaign with the aim of attracting 2 million tourists in Nepal in 2020.</p> <p> The government considers bringing in maximum number of tourists as well as promoting internal tourism as one of the means to achieve its goal of economic prosperity. In this regard, the Ministry of Culture, Tourism and Civil Aviation organised the soft launch of the campaign in Pokhara.</p> <p> During the function, Chief Minister Gurung said that the Gandaki Province considers tourism as a means to achieve national prosperity. He said that the province has started 232 home-stay facilities keeping in view the comfort of the torists.</p> <p> He also said that the province can attract pilgrims from India. He also said inaugurating the campaign from the shore of Fewa Lake has made Pokhara the undisputed “capital of tourism” in Nepal.</p> <p> According to CM Gurung, 40 percent of the tourists visiting Nepal come to Pokhara.</p> <p> “This is both an opportunity as well as challenge for Pokhara. When 2 million tourists visit Nepal, Pokhara has to accommodate 800,000 tourists,” he said.</p> <p> The chief minister further said that the government is upgrading road and air services and that it won’t be much of a problem to welcome 2 million tourists if all three levels of governments work hand in hand.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10211', 'image' => '20190415040507_visit nepal.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10457', 'article_category_id' => '1', 'title' => 'Govt Decision to Hike Customs Duty on Import of Sugar hits Consumers, State Coffers', 'sub_title' => '', 'summary' => 'April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.', 'content' => '<div> April 15: The government’s impractical and shortsighted decision to increase tax on import of sugar has not only affected the consumers and benefitted a handful of business persons but also cost millions of rupees in revenue to the state coffers.</div> <div> The general public was forced to purchase sugar at high cost due to the deliberate decision of the government that also resulted in the increase in price of sugar, according to the available data. A report prepared by the Office of the Auditor General (OAG) states that the government’s delay in implementing an understanding reached with sugar producers to hike the tariff resulted in import of excessive sugar in the country. Despite having adequate stock, the consumers could not purchase sugar at reasonable price, the report says.</div> <div> The Ministry of Finance had reached an understanding with sugar producers on December 26, 2017 to increase tax on import of sugar in order to protect the domestic sugar industries.</div> <div> But the government increased the tax on import of sugar from 15 percent to 30 percent only on April 17, 2018. Due to the delay in implementing the decision by four months, the customs department incurred losses of Rs 530.66 million as the country imported 79,044 metric tons of sugar worth Rs 3.57 billion during the period, according to the OAG report.</div> <div> According to the report, Nepal imported 71,000 metric tons of sugar in FY 2073/74. The import of sugar in FY 2074/75 was 234,000 metric tons, which is 3.3 times more than the import in the preceding year. </div> <div> The country consumes 230,000 metric tons of sugar on an annual basis while the domestic production of sugar is 175,000 metric tons. The data of the OAG report clearly shows that the country imported sugar much more than Nepal’s consumption. This indicates that the excessive sugar was kept as stock. Despite having excessive stock of sugar, the consumers couldn’t purchase it at a reasonable price. </div> <div> Meanwhile, the farmers have not been paid for their produce by the sugar industries. The sugar industries have reportedly withheld the due amount of the farmers stating that they have excessive stock of sugar. The industries have said that they will be able to pay the farmers only when they sell the stock.</div> <div> The government’s decision to waive the customs duty for the state-owned Salt Trading Limited with the intention of bringing uniformity in the price of sugar has become useless due to the hike in customs duty.</div> <div> The OAG report states that the sugar imported by Salt Trading at subsidized rate has been found to be much more that the sugar imported by other businessmen by paying the customs duty.</div> <div> The report mentions that the Salt Trading had imported 37,508 metric tons of sugar in FY 2074/75 worth Rs 2.28 billion. The state-owned company had also received an exemption of Rs 387.6 million for Value Added Tax. Therefore, the cost per kg of sugar imported by Salt Trading was Rs 60. However, the report has found that other importers had brought sugar into the country at the cost of Rs 40 to 51 per kg despite paying 30 percent customs duty. Salt Trading, on the other hand, had paid only 1 percent customs duty. The cost of sugar imported by Salt Trading after including other taxes was Rs 69 per kg. Therefore, the government had fixed the price of sugar between Rs 65 to Rs 70 per kg.</div> <div> </div> ', 'published' => true, 'created' => '2019-04-15', 'modified' => '2019-04-15', 'keywords' => '', 'description' => '', 'sortorder' => '10210', 'image' => '20190415015959_ssss.jpg', 'article_date' => '2019-04-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25