BHIMDUTTANAGAR- Sugarcane farmers of Mahakali Municipality in Kanchanpur have started getting relatively better price of their products in the Indian market than in the local market.
“Farmers of Dodhara Chandani sell sugarcane in India as its selling price is relatively higher in Indian market”, said Puran Bahadur Chadaro, a local sugarcane entrepreneur.
Sugarcane is being sold out in Indian market at Indian Currency 400 (RS 640) per kg while it is only Rs 400 in Nepali market.Follow @gorkhapost
KATHMANDU- The Nepal Stock Exchange (Nepse) index has stabilised to some extent as compared to the first trading day on Sunday when it suffered a sharp dip.
The NEPSE index increased 0.9 points to close at 1131.73. Likewise, the sensitive index, which measures the performance of group ‘A’ stocks has also risen 0.06 points.
Over 2 million shares of a total of 156 companies were traded at more than Rs 637 million. Of the total 11 subgroups, four made gains, and the rest seven declined.
Development bank surged 4.7 points, while non-life insurance 92.1 points, life-insurance 13.57 points and others 0.43 points.
But, banking dipped 0.27 points, while trade 1.18 points, hotel 2.04 points, hydropower 2.17 points, finance 1.82 points, production 9.21 points and microfinance 8.31 points.Follow @gorkhapost