Latest NEPSE and Share Market News - Page 59
Delhi Youth Protest Sends Strong Warning to Modi Government
Thousands of young protesters flooded the streets of New Delhi, turning a month-long student movement into one of the largest demonstrations against the Modi government in recent years, with demands extending beyond education reforms.
Nepal Launches Online Complaint Portal to Combat Foreign Employment Fraud
The government has introduced an online complaint system allowing victims of foreign employment fraud to file cases digitally, while integrating with Nepal Police to speed up legal action against offenders.
Government Can Scrap 3% Equity Levy Without Parliament, Economic Act Allows Tax Exemptions
Although the 3% Education and Health Equity Levy has become law, the government can revoke it through a Cabinet decision under provisions of the Economic Act 2083, without requiring a fresh parliamentary amendment.
NEPSE Extends Rally, Gains 7.25 Points as Turnover Reaches Rs. 6.67 Billion
The Nepal Stock Exchange continued its upward momentum on Tuesday, with the benchmark index rising 7.25 points, while daily turnover stood at Rs. 6.67 billion.
Nepal Misses Power Generation Target, Adds Only 561 MW in FY 2025/26
Nepal fell short of its electricity generation target in the last fiscal year, adding only 561 MW against the planned 942 MW due to floods, landslides, and construction delays.
Nepal Launches Bill Lottery: Consumers Can Win Rs. 1 Million Through Digital Payments
The government has introduced a reward scheme offering cash prizes of up to Rs. 1 million to consumers who make digital payments and collect VAT bills, aiming to encourage tax compliance and reduce revenue leakage.
PM Balen Shah Holds High-Level Talks to Revive Nepal's Garment Industry
Prime Minister Balen Shah is set to meet garment industry leaders to discuss policy reforms, export promotion, and measures to revive one of Nepal's key export-oriented sectors.
Gold Climbs Rs. 1,000 Per Tola, Silver Extends Upward Trend
Gold and silver prices continued their upward momentum in Nepal on Tuesday, with both precious metals recording fresh gains for the third consecutive trading day.
Trump Slaps 50% Tariff on Canada, Escalating North American Trade War
The United States has announced a 50% tariff on a wide range of Canadian imports, triggering fresh tensions with Ottawa and raising fears of a deeper trade conflict between the two North American allies.
United Ajod Insurance Opens Auction of 26,974 Promoter Shares to General Public
United Ajod Insurance Limited has invited bids from individual investors, companies, and institutions for 26,974 promoter shares through a 35-day public auction.
NRB Eases National ID Rule for Banking, Ends Automatic Account Freeze
Nepal Rastra Bank has relaxed its National Identity Card requirement for banking services, giving customers more time to comply while ensuring uninterrupted access to their accounts.
NRB Governor Says Monetary Policy Backs Government Agenda, Not a Standalone Economic Solution
Governor Prof. Dr. Bishwanath Poudel said the FY 2083/84 monetary policy is designed to complement the government's budget and reform agenda, stressing that the central bank alone cannot solve all economic challenges.