Latest NEPSE and Share Market News
Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance
Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.
Dan Bahadur Karki's Writ Against Removal as Nepal Police Chief Registered at Supreme Court
Dan Bahadur Karki has filed a writ petition at the Supreme Court, claiming that his removal from the post of Inspector General of Police (IGP) was unlawful. The petition, submitted on Thursday, was officially registered by the Supreme Court administration on Friday.
Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters
Finance Minister Dr. Swarnim Wagle has estimated that Nepal will require approximately $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. The government is preparing a phased financing plan, including financial support from India, China, the World Bank and the Asian Development Bank (ADB).
Pratap Subedi Assumes Office as New NEPSE CEO
Newly appointed Nepal Stock Exchange (NEPSE) Chief Executive Officer (CEO) Pratap Subedi officially assumed office on Friday after taking the oath of office and secrecy before the NEPSE Board of Directors.
Dhanteras Celebrated Across Nepal as Gold Prices Drop by Rs. 5,900 Per Tola
Nepal is celebrating Dhanteras with enthusiasm as consumers flock to gold and silver shops to purchase precious metals. Gold prices dropped by Rs. 5,900 per tola to Rs. 283,000 on Friday, offering some relief to buyers, while silver prices also declined by Rs. 110 per tola. Meanwhile, Nepal Rastra Bank's gold coin stock has been exhausted amid strong demand.
Nepal Promotes Wellness, Adventure and Sustainable Tourism at WTM London 2026
Nepal has showcased its diverse tourism potential, including wellness, adventure, cultural and sustainable tourism, at the World Travel Market (WTM) London 2026, aiming to strengthen its presence in the international tourism market and promote the upcoming Nepal Wellness Tourism Year 2027.
NEPSE Edges Up 2.64 Points to Close at 2,655.22 as Turnover Reaches Rs. 3.46 Arba
The Nepal Stock Exchange (NEPSE) posted a marginal recovery of 2.64 points on Thursday, closing at 2,655.22 after declining 12.95 points in the previous session. Total turnover stood at Rs. 3.46 Arba, with Ghorahi Cement leading the turnover chart.
Ashutosh Energy Receives SEBON Approval to Issue 1.2 Million IPO Shares
The Securities Board of Nepal (SEBON) has approved Ashutosh Energy Limited to issue 1.2 million ordinary shares at a face value of Rs. 100 per share, paving the way for the company's initial public offering (IPO).
SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion
The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.
NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5
Nepal Rastra Bank (NRB) will sell 2.5-gram gold coins and 10-gram silver medallions featuring Goddess Laxmi and Lord Ganesh on November 5 and 6 (Kartik 19 and 20) from its Minting Division in Babarmahal, Kathmandu.
Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1
Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.
Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1
Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.