Int'l industrial expo in Chitwan from April 10

The 10th international industrial exhibition is beginning in Chitwan from April 10. 

The three-day expo is organized by Chitwan Chamber of Commerce. 

Information about the event was shared at a press conference organized  today. 

Chamber Chairman Madan Ghimire said the exhibition would help boost production and export.

The industrial and agricultural products, handicrafts, plastics and packaging are on display. Together in the exhibition are machineries and technologies applied in production and service industries. 

The stalls will be managed from all seven provinces. 

The industries linked to the national campaign of 'Make in Nepal' will have a significant presence. 

The machinery of the National Innovation Center are equally important attractions, according to Ghimire.

It is expected that over 25,000 industrialists and entrepreneurs will participate in the expo having over 100 stalls. 

The Nepali products are exported to various countries including India, Ethiopia and Sri Lanka. 

The event would help international marketing of Nepali products. 

The organizers further said the event would also serve as a reminder to the government for creating an atmosphere conducive to industries so that it would help foster entrepreneurship, employment and utmost use of local products.

 

Gold price drops by Rs 2, 600 per tola on Monday

The price of gold has dropped by Rs 2, 600 per tola in the domestic market on Monday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 291, 400 per tola today.   It was traded at Rs 294, 000 per tola on Sunday.  

Similarly, the price of silver has dropped by Rs 50 per tola and is being traded at Rs 4, 780 per tola.

Nepse plunges by 105. 50 points on Sunday

The Nepal Stock Exchange (NEPSE) plunged by 105. 50 points to close at 2, 676. 68 points on Sunday. 

Similarly, the sensitive index dropped by 15. 62 points to close at 457. 61 points.

A total of 31,206,162-unit shares of 345 companies were traded for Rs 1. 53 billion.

Meanwhile, Reliance Spinning Mills Limited (RSML), Bhujung Hydropower Limited (BJHL), Ridge Line Energy Limited (RLEL) and Hotel Forest Inn Limited (HFIN) were the top gainers today with their price surging by 10. 00 percent.

Likewise,  Narayani Development Bank Limited (NABBC), Himalayan Reinsurance Limited (HRL) and Bhugol Energy Development Company Limited (BEDC) were the top losers as their price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 55 trillion.

Gold being traded at Rs 294, 000 per tola on Sunday

The gold is being traded at Rs 294, 000 per tola in the domestic market on Sunday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the silver is being traded at Rs 4, 830 per tola today.