Latest NEPSE and Share Market News - Page 10
Floods and Landslides Damage Power Infrastructure, Disrupt Around 200 MW of Electricity Generation in Nepal
Heavy rainfall, strong winds, floods, landslides, and lightning have damaged Nepal’s electricity transmission and distribution infrastructure, disrupting power supply in several areas and affecting hydropower generation. The Nepal Electricity Authority (NEA) has deployed technical and maintenance teams to repair damaged structures and restore electricity services.
NEA Extends National Power Grid to Remote Hotiya Settlement in Sankhuwasabha
The Nepal Electricity Authority (NEA) has extended the national electricity grid to Hotiya in Bhotkhola Rural Municipality-3, Sankhuwasabha, improving access to a more reliable power supply. The authority is also advancing plans to extend the national grid to Kimathanka, near the Chinese border.
Khalti Unveils Six New Products at Nepal Fintech Expo 2026
IME Khalti Limited has launched six new products at Nepal Fintech Expo 2026, expanding its digital ecosystem with services covering payments, personal finance management, digital connectivity, and investment.
RSP Launches Probe into Allegations Against MP Khagendra Sunar
The Rastriya Swatantra Party (RSP) has directed its Central Disciplinary Commission to investigate allegations against lawmaker Khagendra Sunar, including claims involving inappropriate conduct, threats, and suspicious financial transactions. The party has also instructed him to refrain from attending official events in his capacity as a public representative until the investigation is concluded.
Mountain Energy Nepal Announces 20% Bonus Shares and 1.0526% Cash Dividend
Mountain Energy Nepal Limited (MEN) has announced a 20% bonus share distribution and a 1.0526% cash dividend to cover tax liabilities for its shareholders. The company has also scheduled its 13th Annual General Meeting (AGM) for November 6, 2026, subject to the corresponding Nepali calendar date of Kartik 20.
Finance Minister Swarnim Wagle to Visit Bangkok for World Bank and IMF Annual Meetings
Nepal’s Finance Minister Dr. Swarnim Wagle is scheduled to travel to Bangkok, Thailand, on Tuesday to participate in the joint annual meetings of the World Bank Group and the International Monetary Fund (IMF). During the visit, he is expected to take part in more than 16 bilateral and multilateral meetings and discussions.
Gold and Silver Prices Decline in Nepal as Gold Drops by Rs 2,200 per Tola
Gold and silver prices fell in the Nepali market on Tuesday, Ashoj 27. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold dropped by Rs 2,200 per tola, while silver declined by Rs 60 per tola compared to Monday’s trading prices.
Government Directs Employers to Provide Mandatory Festival Allowance to Workers
The Department of Labour and Occupational Safety has urged all employers and industrial and commercial establishments to provide workers with their legally mandated festival allowance equivalent to one month’s basic salary, warning against denying employees the benefit.
Nepal Telecom Announces Festive Offers on FTTH Internet and GSM Mobile Services
Nepal Telecom has introduced special festive offers for Dashain, Tihar, and Chhath, featuring free FTTH installation, bonus internet packages, discounted mobile data, voice calls, and SMS services for its customers.
Prithvi Highway to Close for Six Hours Overnight for Road Repairs in Dhading
The Prithvi Highway in Dhading will remain closed from 11:00 PM today until 5:00 AM tomorrow to repair a sunken road section at Galaudi, caused by erosion from the Trishuli River.
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.
Over 207,000 Passengers Leave Kathmandu Through New Bus Park Ahead of Dashain
More than 207,000 passengers departed from Kathmandu’s New Bus Park between October 3 and 11 as the annual Dashain exodus gained momentum, despite road disruptions affecting transport operations.