Latest NEPSE and Share Market News - Page 2
Renewable Energy Must Drive Jobs, Entrepreneurship and Economic Growth: Minister Shrestha
Energy Minister Birajbhakta Shrestha has emphasized the need to transform renewable energy from a subsidy-dependent program into a key driver of production, entrepreneurship, employment, and economic prosperity. He also announced the government's plan to promote LPG-free municipalities by developing locally tailored energy strategies.
Democrats Score Major Victory in US Midterm Elections, Take Control of Senate
The Democratic Party has made significant gains in the 2026 US midterm elections, securing control of the Senate and moving closer to winning a majority in the House of Representatives. The results mark a major political setback for President Donald Trump and the Republican Party.
Government Says IGP's Role Change Is Not Disciplinary Action
Government spokesperson and Minister for Education and Sports Sasm it Pokharel has clarified that the transfer of former Inspector General of Police (IGP) Karki to the position of Prime Minister's Special Security Adviser should not be interpreted as disciplinary action. The Cabinet has appointed AIG Dr. Manoj Kumar KC as the new IGP.
Manang Attracts Over 30,000 Foreign Tourists in 2026, Indians Lead Arrivals
Manang welcomed 30,662 foreign tourists by October 2026, with Indian visitors making up the largest share at 5,049. The Annapurna Circuit and the region's natural and cultural attractions continue to draw international travelers.
Gold Price Edges Up by Rs 600, Silver Declines in Nepali Market
Gold prices in Nepal increased by Rs 600 per tola on Wednesday, reaching Rs 275,600, while silver prices dropped by Rs 20 to Rs 3,655 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
Nepal Welcomes Over 132,000 Foreign Tourists in October, Arrivals Rise 3.4%
Nepal recorded 132,814 international tourist arrivals in October 2026, marking a 3.4% increase compared to the same month last year. Tourist arrivals also surged by 50.5% compared to September, while total arrivals in the first 10 months of 2026 crossed the one-million mark.
Egypt Raises Over $650 Million from Bank of Cairo’s Record-Breaking IPO
Egypt has raised more than $650 million by selling a 45% stake in Bank of Cairo through an Initial Public Offering (IPO), marking the largest IPO in the history of the Egyptian stock market, according to the government.
CIAA Files Corruption Case Against Former PM Madhav Kumar Nepal and 96 Others Over Government Land Deal
The Commission for the Investigation of Abuse of Authority (CIAA) has filed a corruption case against former Prime Minister Madhav Kumar Nepal, former minister Minendra Rijal, and 95 others at the Special Court over the alleged illegal exchange and sale of government land in Biratnagar, Morang. The alleged transaction is estimated to have caused a loss of Rs. 73.49 crore to the government.
11 Companies Receive LOIs to Enter Nepal’s Electricity Trading Market
The government has begun opening Nepal’s electricity trading sector to private companies, with 11 out of 15 applicants already receiving Letters of Intent (LOIs) from the Ministry of Energy, Water Resources and Irrigation. However, questions have emerged over transparency and potential conflicts of interest involving companies linked to an energy minister’s adviser.
Biratnagar Kings Edge Janakpur Bolts by 2 Runs in Last-Ball NPL Thriller
Biratnagar Kings secured a dramatic 2-run victory over Janakpur Bolts in the third edition of the Nepal Premier League (NPL), with Andre Russell delivering a match-winning all-round performance.
Mandu Hydropower’s 13.63 Lakh Bonus Shares Listed on NEPSE
Mandu Hydropower Limited (MANDU) has listed 1,363,637 units of bonus shares on the Nepal Stock Exchange (NEPSE), making the shares eligible for trading.
NEPSE Rebounds 6.62 Points After Previous Session’s Sharp Decline
The Nepal Stock Exchange (NEPSE) witnessed a slight recovery on Tuesday, gaining 6.62 points or 0.24% to close at 2,664.13. The market rebounded after declining by 32.65 points in the previous trading session.