Latest NEPSE and Share Market News - Page 37
Shivam Cement Announces Major Support for Flood-Affected Families
Shivam Cement has announced 11,000 bags of free OPC cement for 110 affected households, while its subsidiary Shivam Holdings has contributed Rs. 1.1 million to the disaster relief fund.
PM Balen Shah Holds Security Briefings Over Rasuwa Flood Crisis
Prime Minister Balendra Shah has begun consultations with security chiefs to assess the search, rescue, relief and management efforts following the Bhote Koshi flood in Rasuwa.
Flood Disrupts Kathmandu Supply Chain, Raising Market Risks
Damage to major highways connecting Kathmandu with key supply centers has disrupted the transportation of vegetables, food, LPG and petroleum products, raising concerns over possible shortages and price pressures.
Rasuwa Flood: 903 Bodies Recovered, Over 4,200 Still Missing
The devastating flood in Rasuwa and surrounding areas has resulted in 903 bodies being recovered, while 4,247 people remain unaccounted for, according to the latest disaster authority update.
NRB to Absorb Rs. 20 Billion to Manage Excess Liquidity
Nepal Rastra Bank is set to collect Rs. 20 billion in deposits from the banking system through a three-month deposit collection instrument to manage excess liquidity.
NRB Directs Banks to Keep Services Running in Disaster-Hit Areas
Nepal Rastra Bank has instructed banks and financial institutions to ensure the continuity of banking and payment services in areas affected by recent natural disasters, while supporting rescue, relief and rehabilitation efforts.
NIC Asia Bank Contributes Rs. 2.21 Crore to BhoteKoshi Flood Relief Fund
NIC Asia Bank has contributed Rs. 2.21 crore to the Prime Minister’s Disaster Relief Fund to support rescue and relief efforts for people affected by the devastating BhoteKoshi flood in Rasuwa.
NIMB Donates Rs. 4.01 Crore to Flood Relief Fund
Nepal Investment Mega Bank Limited has contributed Rs. 4.01 crore to the Prime Minister’s Disaster Relief Fund to support search, rescue, relief and rehabilitation efforts for people affected by the devastating BhoteKoshi flood in Rasuwa.
Nepal Telecom Extends Free Voice, Data & SMS Services in Flood-Hit Areas
Nepal Telecom has extended its free voice calls, data and SMS services in areas affected by the BhoteKoshi and Trishuli floods until further notice to support rescue, relief and communication efforts.
NAIMA Pledges Rs. 50 Lakh for BhoteKoshi Flood Relief and Rehabilitation
The Nepal Automobile Importers and Manufacturers Association (NAIMA) has announced Rs. 50 lakh in financial support for people affected by the devastating BhoteKoshi flood in Rasuwa.
Leadership Change at Himalayan Bank: Baikuntha Aryal Appointed Chairman
Former Chief Secretary Baikuntha Aryal has been appointed Chairman of Himalayan Bank Limited (HBL), following the resignation of former chairman Prachanda Bahadur Shrestha.
259 Bodies Recovered in Chitwan After BhoteKoshi Flood
Security personnel have recovered 259 bodies from the banks of the Narayani River in Chitwan following the devastating BhoteKoshi flood in Rasuwa. Only nine victims have been identified so far.