Latest NEPSE and Share Market News - Page 110
NEPSE Bloodbath: Market Cap Wiped Out by NPR 85 Billion as All Sectors Crash!
The NEPSE index dropped nearly 2% this week, wiping out NPR 85 billion in market capitalization as all 13 sub-indices ended in the red.
China’s AI Ambitions Hit a Wall? Global Data Center Race Reveals Shocking Infrastructure Gap Behind the US
Despite its rapid progress in artificial intelligence, China is surprisingly lagging behind the US and several European nations in the total number of established data centers.
Revolutionary Royal Enfield Classic 350 Flex-Fuel Spotted: India’s Iconic Bike Set to Run on Green Ethanol!
Royal Enfield is testing a new flex-fuel variant of its popular Classic 350 model that can run on high ethanol blends like E85. This initiative supports India's goals to reduce carbon emissions and decrease reliance on imported fuel.
Gold Market Alert: Weekly Price Slump as Rates Face Unexpected Rollercoaster Ride!
The price of gold in the Nepali market decreased by Rs 400 per tola over the week, closing at Rs 2,96,100 after several days of significant price swings.
Massive Rs 150 Jump in Cooking Gas Prices Even as Petrol and Diesel Rates Plunge!
Nepal Oil Corporation has reduced the prices of petrol and diesel while significantly hiking the cost of cooking gas and aviation fuel. The adjustments come amid rising international oil prices caused by geopolitical tensions in West Asia.
Trading Suspended! NEPSE Shuts Doors as Nepal Celebrates Buddha Jayanti and Labour Day
The Nepal Stock Exchange will remain closed today in observance of Buddha Jayanti and International Labour Day. Normal trading operations are scheduled to resume on Monday.
Norvic Hospital IPO Momentum Surges Following Successful Book-Building Road Show
Norvic International Hospital has concluded its road show for a proposed IPO, with institutional investors now required to submit their bids by Baisakh 21.
Shilpa Pradhananga Takes Charge: A New Era of Leadership Begins at Ganapati Laghubitta
Shilpa Pradhananga has officially been sworn in as the Chairperson of Ganapati Laghubitta Bittiya Sanstha Limited following her unanimous election. She took her oath of office before the Chief of Nepal Rastra Bank's Pokhara Office.
Garima Bikas Bank Partners with Top Hospitals to Slash Healthcare Costs for Customers
Garima Bikas Bank has partnered with Om Hospital and Kantipur Dental Hospital to offer exclusive discounts on medical and dental services to its cardholders and mobile banking users.
Major Debt Slash: Dordi Khola Jal Bidyut Gets Official Nod for Strategic Right Share Offering!
Dordi Khola Jal Bidyut Company Limited has received regulatory approval to issue right shares at a 1:0.288 ratio to settle its outstanding consortium bank loans.
NRB Moves to Mop Up Massive Rs. 120 Billion as Banking System Overwhelmed with Excess Cash
Nepal Rastra Bank is conducting a massive liquidity absorption exercise, seeking to collect Rs. 120 billion in 97-day deposits from financial institutions.
Gold Prices Plunge by Rs 1,800 per Tola: Massive Drop Hits Precious Metals Market!
Gold and silver prices in Nepal saw a significant decline today, with gold dropping by Rs 1,800 per tola and silver falling by Rs 105.