Latest NEPSE and Share Market News - Page 30
Gold and Silver Prices Rise in Nepal, Gold Reaches NRs 302,200
Gold increased by NRs 1,200 per tola while silver gained NRs 60 per tola in the Nepali market on Sunday.
MARKET REBOUND! NEPSE Jumps 27.94 Points to 2,559.49
Nepal’s benchmark NEPSE index rebounded strongly on Thursday, gaining 27.94 points (1.10%) to close at 2,559.49, following a 13.85-point decline in the previous session.
Bhotekoshi Flood Recovery Bill: NRS 95.42 Billion Needed Just to Clear Debris
The government estimates that NRS 95.42 billion will be required for immediate and long-term recovery measures, including removing flood debris, reducing disaster risks and ensuring inclusive rehabilitation following the Bhotekoshi floods.
MARKET REVIVAL: 10–12 Point Capital Market Reform Plan Coming Within a Week
Finance Minister Dr. Swarnim Wagle has announced five special economic packages, including a 10–12 point policy reform plan for the sluggish capital market expected to be introduced within a week.
LPG Crackdown Begins: Shop Fined NRS 300,000 for Overcharging
The government has intensified monitoring of the LPG market following the appointment of Industry, Commerce and Supplies Minister Deepak Kumar Shah, with a Kathmandu shop fined NRS 300,000 for selling cooking gas above the government-set price.
PM Shah Back in Action: Four Top Business Leaders Join Economic Talks
Prime Minister Balendra Shah has resumed meetings with leading entrepreneurs, holding discussions with Binod Chaudhary, Pawan Golyan, Umesh Shrestha and Chandra Dhakal on Nepal’s economic challenges and ways to revive business activity.
“Minister Line Will Be Longer Than Gas Line,” Says RSP MP Ashika Tamang
RSP lawmaker Ashika Tamang has criticized the government over the ongoing gas shortage, warning that repeatedly changing ministers to address the problem could create a longer line of ministers than gas cylinders.
Wagle: Government Won’t Interfere in Nepal Rastra Bank’s Autonomy
Finance Minister Dr. Swarnim Wagle has rejected concerns over government interference in Nepal Rastra Bank, saying the government will not unnecessarily influence the central bank’s monetary policy, circulars, or decisions.
Gold & Silver Prices Plunge: Gold Falls NRS 4,800, Silver Drops NRS 255
Gold and silver prices recorded a sharp decline in the Nepali market on Friday, with gold falling by NRS 4,800 per tola and silver dropping by NRS 255 per tola.
UMRH Dividend Alert: 5% Bonus Shares + 0.26% Cash Dividend Announced
United Idi Mardi and RB Hydropower Limited has proposed a 5% bonus share dividend along with 0.26% cash dividend for tax purposes from its profit for FY 2082/83.
Beni Hydropower IPO: Public Offering Enters Final Day — 863,200 Shares Up for Grab
Beni Hydropower Project Limited’s IPO for the general public has entered its final day, with investors able to apply for 863,200 ordinary shares at NRS 100 per share.
NEPSE Falls 13.85 Points to Close at 2,531.55
Nepal’s stock market extended its decline for a second consecutive session, with the NEPSE index falling 13.85 points (0.54%) to close at 2,531.55. Turnover stood at around NRS 4 billion.