Latest NEPSE and Share Market News - Page 16
CDSC Calls Special General Meeting for Kartik 10; Key Charter Amendments on Agenda
CDS and Clearing Limited (CDSC) has scheduled its Special General Meeting (SGM) for Kartik 10 to discuss and approve proposed amendments to its Memorandum and Articles of Association.
RBI Raises Repo Rate to 5.50% as Inflation Risks Strengthen
The Reserve Bank of India has increased its policy repo rate by 25 basis points to 5.50%, shifting its monetary policy stance toward calibrated tightening amid rising inflation risks and resilient economic growth.
NEPSE Slips 6.38 Points to 2,572.34; Trading Index Leads Sectoral Decline
Nepal’s benchmark NEPSE index fell 6.38 points, or 0.24%, to close at 2,572.34, reversing the 11.96-point gain recorded in the previous session.
Major Highways to Reopen Before Dashain as Flood and Landslide Repairs Accelerate
The government has stepped up efforts to restore major roads damaged by floods and landslides, aiming to reopen key highways before the Dashain festival.
Money Laundering Department Raids Former Chief Justice Cholendra Shumsher Rana’s Residence
The Department of Money Laundering Investigation has conducted raids at the residences of former Chief Justice Cholendra Shumsher Rana and several people close to him, recovering important documents during the searches.
NRB Directs Banks to Provide Rs. 100 Notes Through ATMs for Dashain
The Nepal Rastra Bank (NRB) has directed banks and financial institutions to make new Rs. 100 notes available through ATMs ahead of Dashain and other major festivals.
Heavy Rainfall Recorded in Arghakhanchi; More Rain Expected
Arghakhanchi’s Simalpani rainfall station recorded 58.2 mm of rain in the past hour, classified as heavy rainfall, with several provinces experiencing thunderstorms and moderate rain.
Gas Crisis Sparks Debate Over Plan to Bring Nepal Army Into LPG Business
The government is considering involving the Nepal Army in LPG distribution as a long-term response to recurring gas shortages, but the proposal has drawn concerns over the role of the Nepal Oil Corporation, private-sector competition and the expansion of the military into commercial activities.
Dashain Tika Auspicious Time Set for 10:26 AM on Kartik 4
The Nepal Panchanga Nirnayak Development Committee has announced the auspicious timings for major Dashain rituals, with the best time for receiving Tika set for 10:26 AM on Kartik 4, Tuesday.
Gold and Silver Prices Rise in Nepalese Market
Gold and silver prices edged higher on Ashwin 21, with gold increasing by Rs 800 per tola and silver by Rs 10 per tola.
Lionel Messi Announces Retirement From International Football
Argentina captain and football icon Lionel Messi has announced his retirement from international football, bringing an extraordinary two-decade career with the national team toward an end.
Global IME Bank Promotes Buddhi Akela to Assistant CEO
Global IME Bank has elevated Deputy General Manager and Chief Risk Officer Buddhi Akela to the position of Assistant Chief Executive Officer, recognizing his more than two decades of banking experience.