Latest NEPSE and Share Market News - Page 116
ICRA Nepal Update: Positive Rating Upgrade for Pashupati Renewables
ICRA Nepal maintains Maruti Cements' BBB rating with a negative outlook, while upgrading Pashupati Renewables to BB, reflecting improved creditworthiness.
NEPSE Continues Bearish Trend with 17.01 Point Drop
The Nepal Stock Exchange (NEPSE) fell 0.60% today to close at 2,787.15, marking a second day of losses with a total turnover of Rs 5.09 Arba.
Thursday Market Update: Gold and Silver Rates Witness Decline
Gold dropped to Rs 298,700 and silver to Rs 5,020 per tola following a significant two-day price slump in the domestic market.
End of the Half-Tank Era: Full Gas Cylinders Resume Sales
Gas dealers have reverted to selling full 14.2kg cylinders, citing unsustainable transportation costs caused by a massive hike in diesel prices.
Cyber Warfare: North Korea Suspected in 2026’s Biggest Crypto Theft
The Lazarus Group is suspected of stealing $290 million from KelpDAO, marking the year's biggest cryptocurrency exploit.
Premium IPO: Shree Airlines to Offer Shares at Rs. 200 Amid India Expansion Plans
Shree Airlines plans to launch international flights to India within three months and is preparing an IPO priced at Rs. 200 per share.
Supreme Court Rejects Filing for Rabi Lamichhane’s Parliamentary Suspension
The Supreme Court refused to register a writ petition seeking the suspension of RSP President Rabi Lamichhane over an ongoing money laundering case.
NEPSE Pre-Open Update: Index Edges Up by Nearly 3 Points
The NEPSE index gained 2.92 points in Wednesday's pre-open session, reaching 2810.04 following a previous double-digit loss.
Gold and Silver Prices Drop in Domestic Market
Gold prices in Nepal fell by Rs 800 per tola on Wednesday, April 22 (Baishakh 9), while silver saw a decline of Rs 30 per tola. According to the Federation of Nepal Gold and Silver Dealers' Association, gold is now trading at Rs 300,500 per tola.
Monetary Management: NRB Opens Bidding for NPR 40 Arba Deposit Collection
To manage the excess liquidity in the banking system, Nepal Rastra Bank (NRB) is set to withdraw NPR 40 billion through a deposit collection instrument for a period of 160 days. The central bank is utilizing this tool as loan demand remains sluggish despite high deposit levels.
A Fragile Peace: Trump Grants Indefinite Ceasefire Extension Amid Iranian Leadership Shifts
US President Donald Trump announced on Tuesday that he will extend the two-week ceasefire with Iran, which was scheduled to expire Wednesday night. However, Trump clarified that the naval blockade and military sanctions against Iran will remain in full force despite the pause in active combat.
Manjushree Finance Reports Strong Q3 Growth; Net Profit Hits NPR 21.89 Crore
Manjushree Finance (MFIL) has reported a significant 27.93% increase in net profit, reaching NPR 218.9 million for the third quarter of the current fiscal year. The finance company also posted a robust distributable profit of NPR 305.4 million, with an earnings per share (EPS) of NPR 21.60.