Latest NEPSE and Share Market News - Page 15
Nepal Rastra Bank Sets Today’s Foreign Exchange Rates
Nepal Rastra Bank has fixed today’s exchange rates, with the US dollar at Rs. 154.55 for buying and Rs. 155.15 for selling.
Veteran Actor Nana Patekar Dies at 75 After Cardiac Arrest
Veteran Indian actor Nana Patekar has died at the age of 75 after suffering a cardiac arrest at his residence in Goa.
NIC Asia Equity Opportunity Fund Size Increased to Rs. 1 Billion Amid Strong Demand
NIC Asia Equity Opportunity Fund has increased its size from Rs. 80 crore to Rs. 1 arba after the mutual fund issue was oversubscribed by investors.
Gold Price Rises by Rs. 500, Silver Declines by Rs. 35
Gold prices increased by Rs. 500 per tola today, while silver recorded a Rs. 35 decline in the domestic market.
Disaster Relief Funds Surpass Rs. 17 Billion After Bhotekoshi Flood
Government disaster and relief funds have reached Rs. 17.06 billion, as financial support continues to pour in following the Bhotekoshi River flood in Rasuwa.
Ridge Line Energy Dividend: Today Is the Last Day to Secure Eligibility
Today, Ashoj 22, is the final day for shareholders to secure eligibility for Ridge Line Energy’s 10.52% cash dividend and AGM participation.
Transport Federation Warns Against Overcharging During Dashain Travel
Nepal Transport Entrepreneurs’ National Federation has urged transport operators not to charge passengers more than the government-approved fares during the Dashain travel season, warning that violators will face action.
NMB Bank Announces 7% Cash Dividend for FY 2082/83
NMB Bank Limited (NMB) has proposed a 7% cash dividend, including tax, for shareholders from its profit for FY 2082/83. The bank has also proposed an 8.25% cash dividend for holders of its perpetual non-cumulative preference shares.
Nepali Edible Oil Industry Seeks Customs Duty Cut as Cheaper Indian Sunflower Oil Raises Smuggling Concerns
Nepali edible oil businesses have urged the government to reduce customs duty on raw sunflower oil after India sharply lowered its import duty, making sunflower oil cheaper across the border.
Kathmandu Court Halts Share Transfer of Mustang Helicopter Linked to Nims Dai
The Kathmandu District Court has ordered a halt to the sale and transfer of shares in Mustang Helicopter Pvt. Ltd., linked to mountaineer Nirmal Purja, over an outstanding compensation claim by homeowners whose house was destroyed in a gas-cylinder explosion.
Education Minister Urges Rajarshi Janak University to Find Solutions to Madhesh’s Education Challenges
Education and Sports Minister Sasmita Pokharel has directed Rajarshi Janak University to conduct research on education-sector challenges in Madhesh Province and submit practical solutions to the ministry.
Nepal’s Repeated Crisis Cycle: World Bank Cautious on Growth as Government Sets 7% Target
From the 2015 earthquake and COVID-19 pandemic to the Gen Z movement and recent BhoteKoshi–Trishuli floods, Nepal’s economy has repeatedly faced major shocks, exposing a persistent gap between cautious international growth forecasts and the government’s ambitious targets.