Latest NEPSE and Share Market News - Page 7
Snow Rivers Appoints Rajan Babu Pant as Board Director
Snow Rivers Limited has appointed shareholder Rajan Babu Pant as a director to fill the vacancy left by former director Mohan Bikram Karki, who resigned from the position.
NEA Issues Weather Alert as Heavy Rainfall Threatens Power Infrastructure
Nepal Electricity Authority (NEA) has urged the public to remain alert as moderate to heavy rainfall is forecast in various parts of the country on Kartik 13 and 14, with potential risks of floods, landslides, lightning and power disruptions.
Him Parbat Hydropower IPO Opens Today for Project-Affected Locals and Nepalis Abroad
Him Parbat Hydropower Limited has opened its IPO for project-affected local residents of Dolakha and Nepalis working abroad, offering shares at a face value of Rs. 100 per share.
NEPSE Adjusts Share Prices of Manjushree Finance and Barun Hydropower
Nepal Stock Exchange (NEPSE) has adjusted the share prices of Manjushree Finance (MFIL) and Barun Hydropower (BARUN) following their book closures for bonus share distribution.
SEBON’s New IPO Rules Spark Controversy, Put 90% of Pipeline Companies at Risk
Nepal’s Securities Board (SEBON) has proposed stricter eligibility requirements for companies seeking to issue Initial Public Offerings (IPOs), raising concerns among merchant bankers that the new rules could disqualify 80–90% of nearly 100 companies currently awaiting approval.
Energy Minister Biraj Bhakta Shrestha Leaves for Bangkok to Attend Regional Conference
Energy Minister Biraj Bhakta Shrestha has departed for Bangkok, Thailand, to participate in the Fifth Ministerial Conference on Space Applications for Sustainable Development in Asia and the Pacific, where he is expected to raise issues related to disaster early warning systems, satellite data access and climate compensation.
Over 73,000 Nepalis Receive Foreign Employment Permits in a Month
Nepal issued final labor approvals to 73,765 citizens for foreign employment during the month of Asoj, with the United Arab Emirates (UAE) emerging as the most popular destination, according to the Department of Foreign Employment.
Farmers Urged to Delay Paddy Harvesting Until Kartik 15 Amid Cyclone Threat
Farmers across Nepal have been advised to postpone paddy harvesting and storage until after Kartik 15 as Cyclone Arnab could bring rainfall to several parts of the country between Kartik 11 and 15.
Nepal Rastra Bank Suspends Four Online Services Amid Cybersecurity Concerns
Nepal Rastra Bank (NRB) has temporarily suspended four online services following reports of cybersecurity risks associated with PHP software worldwide. The central bank has not announced a date for restoring the services, while its official website has also reportedly remained inaccessible for several days.
Israel and US Elections Set to Shape Global Politics and Economic Outlook
Upcoming elections in Israel and the United States could have significant implications for Middle East security, the future of the conflict with Iran, US-Israel relations, and the global economy, with energy prices and military spending emerging as key concerns.
Siddhartha Bank Launches Online Application for Share-Backed Loans
Siddhartha Bank Limited (SBL) has introduced an online application facility for loans against shares, allowing customers to apply for financing through its BankSmart XP mobile banking app and access loans of up to 70% of the assessed value of pledged shares.
Gold Price Rises by Rs. 800 per Tola, Silver Declines
Gold prices in the Nepali market increased by Rs. 800 per tola on Tuesday, Kartik 10, while silver prices fell by Rs. 25 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.