Latest NEPSE and Share Market News - Page 32
Kulman Ghising Called In to Support Chilime Tunnel Rescue
The Nepal Army has sought former Energy Minister Kulman Ghising’s technical support for the ongoing rescue operation inside the Chilime Hydropower Project tunnel in Rasuwa.
Nepal Seeks Donor Support for Post-Flood Recovery
Finance Minister Dr. Swarnim Wagle has begun discussions with major development partners on post-disaster recovery, damage assessment and financial support following the Rasuwa floods.
Government Begins Survey to Relocate Flood Victims to Temporary Homes
The government has launched a detailed needs assessment for families displaced by the Bhote Koshi flood, with plans to shift them from holding centers to individual temporary shelters within the coming weeks.
Wagle Unveils Five-Point Plan to Revive Nepal’s Economy
Finance Minister Dr. Swarnim Wagle has outlined a five-point strategy to revive Nepal’s sluggish economy amid prolonged recession and the economic damage caused by recent floods.
Nepal Rastra Bank Sets Today’s Foreign Exchange Rates
Nepal Rastra Bank has published today’s foreign exchange rates, with the US dollar fixed at Rs. 150.88 for buying and Rs. 151.48 for selling.
China Steps Up Rescue Efforts After Deadly Kerung Landslide
China has intensified rescue and relief operations at the Kerung (Gyirong) border following a devastating landslide on August 26, with 43 deaths confirmed and 519 people still missing.
Sarbottam and Jagdamba Cement Donate Rs. 11.11 Million for Flood Relief
Sarbottam Cement and Jagdamba Cement have jointly contributed Rs. 11.11 million to the Prime Minister’s Disaster Relief Fund to support victims of the devastating Bhote Koshi floods in Rasuwa.
Finance Minister Pushes for Legal Reforms in Capital Market
Finance Minister Dr. Swarnim Wagle has directed authorities to propose legal measures aimed at strengthening and improving Nepal’s capital market.
SMHL Share Price Adjusted After 15% Bonus
Super Madi Hydropower’s share price has been adjusted to Rs. 458.26 following the book closure for its proposed 15% bonus shares.
Global IME Bank to Hold AGM to Approve Dividend
Global IME Bank has called its 20th Annual General Meeting to approve a 4% bonus share and 6% cash dividend proposed from last fiscal year’s profit.
Road Collapse Turns 6-Hour Journey into 13-Hour Ordeal
The collapse of the Prithvi Highway at Krishnabhir in Dhading has disrupted Lamjung–Kathmandu travel, forcing vehicles onto longer routes and sharply increasing travel time and fares.
Flood Shock Spreads Beyond Affected Hydropower Stocks
The Rasuwa floods directly damaged seven hydropower companies, but uncertainty surrounding reconstruction, insurance claims, and future earnings has dragged down the broader market and intensified selling pressure across several sectors.