Latest NEPSE and Share Market News - Page 31
Nepal Telecom Appoints Rajendra Kumar Poudel as New Chairman
Nepal Telecom has reshuffled its Board of Directors, appointing Rajendra Kumar Poudel as Chairman and Ravilal Sharma as a new Board Member.
Cabinet Update! 🇳🇵 PM Balen Shah to Lead Nepal Delegation to UN General Assembly
The government has approved Prime Minister Balen Shah’s visit to New York to attend the 81st United Nations General Assembly, alongside several major administrative and policy decisions.
Rasuwa Flood Damage Recovery Estimated at Nearly USD 4 Billion
The reconstruction of flood- and landslide-affected areas in Rasuwa could require nearly USD 4 billion, according to an initial assessment by the National Disaster Risk Reduction and Management Authority.
Hathaway Investment Nepal to Invest NRS 400 Million in Sugar & Hydropower
Hathway Investment Nepal Limited has announced plans to make a long-term investment of up to NRS 400 million in Vijay Shree Sugar Mills and Induwa Khola PROR Hydropower Project as part of its portfolio diversification strategy.
Market Shock! Excellent Results, Yet ServiceTitan Stock Crashes Nearly 30%
ServiceTitan reported stronger-than-expected quarterly revenue and adjusted EPS, but its shares plunged 29.98% to USD 57.12, as investors reacted negatively to weaker forward guidance and concerns over the company’s growth outlook.
Gas Crisis Sparks Protest: Students Cook with Firewood at Ratna Rajya Campus
Students affiliated with the All Nepal National Independent Students’ Union (Revolutionary) staged a symbolic protest at Ratna Rajya Laxmi Campus by cooking food over a firewood stove, demanding immediate action to address the ongoing LPG shortage in Kathmandu Valley.
Gold Price Jumps NRS 3,400 Per Tola, Silver Also Rises
Gold prices climbed to NRS 305,800 per tola on Thursday, gaining NRS 3,400 from the previous day, while silver also recorded an increase.
Bajeko Sekuwa Gets ‘BBB’ Rating Ahead of Proposed IPO
CARE Ratings Nepal has reaffirmed ‘CARE-NP BBB (Is)’ issuer rating for Bajeko Sekuwa Limited, highlighting its established brand, growing franchise network and improving financial position.
NRB to Absorb NRS 55 Billion from Banking System
Nepal Rastra Bank is set to collect NRS 55 billion in deposits for 60 days to manage excess liquidity and help stabilize interest rates.
Gold, Silver Prices Fall in Nepal
Gold fell by NRS 3,000 per tola and silver by NRS 40 per tola in the Nepali market on Wednesday, Bhadra 24.
Government Eases LPG Shortage in Kathmandu Valley After Floods
The government has introduced an emergency LPG exchange system in Kathmandu Valley, allowing consumers to exchange empty cylinders of any brand for available filled cylinders at the designated price.
US-Canada Trade War Escalates as New Import Restrictions Take Effect
The United States has announced fresh restrictions and higher tariffs on several Canadian products after Canada imposed retaliatory duties on American goods, deepening tensions between the two major trading partners.