Business News
Sahas Urja Denies Flood Damage to 86 MW Solu Khola Hydropower Project
Sahas Urja Limited has dismissed reports claiming that its 86 MW Solu Khola (Dudhkoshi) Hydroelectric Project was damaged by recent flooding, confirming that the project remains intact and operational.
a day ago
Panchakanya Mai Restores Upper Mai Hydro Plant After Month-Long Shutdown
Shares of Panchakanya Mai Hydropower (PMHPL) receive a fundamental boost as its primary 9.98 MW project returns to full operational capacity following successful system repairs.
5 months ago
LS Horizon 12 Mutual Fund Scheme Closes Today Due to Oversubscription
Laxmi Sunrise Capital is closing the issue for its 12-year closed-ended 'LS Horizon 12' mutual fund scheme today, following an overwhelming response from investors.
5 months ago
Nepal Insurance Company Named Top General Insurer of 2026
Nepal Insurance Company Ltd. has been honored as the “Best Managed General Insurance Company 2026” at the prestigious NewBiz Conclave and Business Excellence Awards.
5 months ago
Nepal Insurance Authority Suspends Himalayan Re’s New Business Operations
The Nepal Insurance Authority (NIA) has issued a directive prohibiting Himalayan Reinsurance Limited from underwriting new business until the end of the current fiscal year, following an ongoing investigation into alleged financial irregularities.
5 months ago
Jalpadevi Cable Car Set to Launch Within Two Months; Expected to Boost Sudurpashchim Tourism
IME Group’s Jalpadevi Cable Car project in Kailali is nearing completion, with official operations expected to commence within two months to enhance regional tourism infrastructure.
5 months ago
Prabhu Mahalaxmi Life Insurance Rating Reaffirmed at [ICRANP-IR] BBB
ICRA Nepal reaffirms BBB- rating for Prabhu Mahalaxmi Life, citing strong 28.89% net premium growth and a robust claim settlement ratio.
5 months ago
Finance Minister Shuts Down Rumors of Secret 'Hit List' to Arrest Businessmen
Finance Minister Dr. Swarnim Wagle has dismissed rumors of a government crackdown on the private sector, identifying businessmen as essential partners in building a $100 billion economy.
5 months ago
Massive Fraud Exposed: Two More Arrested in Plot to Illegally Auction State-Owned Telecom Assets!
Nepal Police have arrested two individuals for attempting to illegally auction assets of Smart Telecom that are currently under government control. The suspects face charges of fraud and criminal breach of trust related to the unauthorized disposal of state property.
5 months ago
Gold Prices Skyrocket: Massive NPR 3,800 Surge Hits the Market in Just One Week!
The price of gold in Nepal increased by NPR 3,800 per tola over the past week, reaching nearly NPR 300,000 despite significant mid-week fluctuations.
5 months ago
Samsung Joins Elite $1 Trillion Club: Shares Skyrocket 400% in a Single Year!
Samsung Electronics has surpassed a $1 trillion market capitalization, becoming the second Asian company to reach the milestone following a massive surge in AI chip demand.
5 months ago
Massive Push to Clear Backlog: 1.7 Million New QR-Enabled Smart Driving Licenses Enter Production!
The Security Printing Center has begun printing 1.7 million additional smart driving licenses following a new agreement with the Department of Transport Management.
5 months ago