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Rice productivity has increased in Jhapa district. Although the area for rice plantation was shrunken this year, the production continued rising, according to Sagar Bista, Chief of Agriculture Knowledge Center in the district. The production of the monsoon rice this year was 4.89 metric ton per hectare while it was 4.85 metric ton in the fiscal year 2078/89. This year, the district cultivated rice in 86,625 hectares of land while it had done in 87,500 hectares of land last year. The area for rice cultivation has declined due to plotting and erosion of land, but the productivity is on rise.

Himalayan Bank Limited (HBL) has now started accepting Discover®, Diners Club International® and network alliance cards under Discover® Global Network. With the successful collaboration between HBL and Discover Global Network, cardholders will have more options to make payment at merchant locations in Nepal. It offers HBL’s merchants a share of more than $500bn annually in global spend opportunity and access to over 280m+ global cardholders.   HBL has now enabled all POS terminals at various hotels, restaurants, retail stores at various tourist attractions such as Kathmandu, Pokhara, Chitwan, Lumbini and so on within Nepal. Merchants in Nepal displaying the logos of “Diners Club International” and “Discover” accept purchases made with cards that run on the Discover Global Network.

The Nepal Stock Exchange (NEPSE) plunged by 7. 13 points to close at 1,929. 70 points on Tuesday. Similarly, the sensitive index dropped by 1. 46 points to close at 379. 60 points. A total of 3,763,836 unit shares of 228 companies were traded for Rs 1. 35 billion. Meanwhile, Janaki Finance Company Limited was the top gainer today with its price surging by 6. 23 percent. Likewise, Unilever Nepal Limited was the top loser with its price dropped by 5. 58 percent. At the end of the day, the total market capitalization stood at Rs 2. 77 trillion.

The price of gold has dropped by Rs 400 per tola in the domestic market on Thursday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow bullion is being traded at Rs 98, 000 per tola today. The yellow metal was traded at Rs 98, 400 per tola on Wednesday. Meanwhile, tejabi gold is being traded at Rs 97, 500 per tola. Similarly, the price of silver has dropped by Rs 10 and is being traded at Rs 1,285 per tola today.