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Latest NEPSE and Share Market News - Page 119

Government Preparing Electricity Consumption Strategy

Nepal government plans a new strategy to boost electricity use and reduce petroleum imports.

Rs 450 Million Distributed to Farmers in Nawalparasi Purba

Around Rs 450 million in agricultural grants were distributed to 951 farmers in Nawalparasi Purba over five years.

Government Launches ‘Zero Pending File Campaign’

Nepal government starts a nationwide drive to clear pending files and speed up decision-making in public offices.

Chandragiri Investment Group to Launch IPO

Chandragiri Investment Group Limited plans to issue an IPO after AGM approval and announces a 4% cash dividend.

HPPL Right Shares Issue Opens from Baishakh 17

Himalayan Power Partner Limited to issue 50% right shares worth Rs. 53.27 crores starting Baishakh 17.

Rishi Koirala Elected NISA President

Rishi Koirala has been elected president of Nepal Insurance Surveyors’ Association during its 17th AGM.

FD Interest Rates Decline Across Most Banks in Baisakh

Most commercial banks in Nepal have reduced fixed deposit rates, with only one bank maintaining a 5% return.

Nepal’s Capital Spending Falls to 23.58% in Nine Months

Nepal’s capital expenditure remains weak at just 23.58%, despite overall budget utilization reaching nearly 54%.

Gold Surges to Rs. 299,800 per Tola; Silver Also Rises

Gold prices jumped by Rs. 3,100 per tola in Nepal, reaching Rs. 299,800, while silver increased by Rs. 165.

Nepal Stock Market Gains Just 6% in FY 2082 — Will NEPSE Break Its Record in 2083?

Nepal’s stock market showed modest growth in fiscal year 2082,