Latest NEPSE and Share Market News - Page 82
Cabinet Approves Forest Land for Four Hydropower Projects and Sanctions New Civil Service Rules!
The Cabinet has made four major decisions, including clearing national forest land for multiple hydropower projects, greenlighting the 16th amendment to the Civil Service Rules, and forming a new ad-hoc committee for the Nepal Red Cross Society.
The Ritz-Carlton Debuts in Thamel: Marriott and Chaudhary Group Partner to Elevate Nepal's Luxury Hospitality
Finance Minister Swarnim Wagle met with Marriott International Chairman David Marriott and Chaudhary Group executives to discuss the debut of The Ritz-Carlton in Kathmandu, marking a major milestone for high-end tourism and investor confidence in Nepal.
Mustang Customs Collects Massive Rs. 6.66 Billion in Revenue!
Driven by a surge in trade following the full activation of the Korala border point with China, the Mustang Customs Office has recorded a historic revenue collection of Rs. 6.66 billion as of late May.
NMB Bank Launches Instant 'Indo-Nepal Remittance' Service with Virtual Addresses!
In collaboration with Nepal Clearing House Limited (NCHL), NMB Bank has introduced a swift and secure cross-border remittance service, allowing instant funds transfer between Nepal and India without needing traditional bank account numbers.
Nabil Bank and Dhulikhel Hospital Partner to Expand Burn Care and Dialysis Services
Nabil Bank and Dhulikhel Hospital have signed a three-year strategic agreement to boost essential healthcare, including intensive burn care, artificial limb fitting, and dialysis services across Nepal.
House of Representatives to Convene Today: Finance Minister Dr. Swarnim Wagle to Answer Budget Queries!
The House of Representatives is scheduled to meet today at 1:00 PM to initiate discussions on the upcoming fiscal year's budget and deliberate on key legislative bills.
25 Companies Line Up for Right Shares Despite Market Slump
Despite a sluggish secondary market and a two-month leadership vacuum at the Securities Board of Nepal (SEBON), 25 companies are lined up awaiting approval for right shares worth over Rs. 25.47 billion, heavily dominated by the hydropower sector.
Nepal Rastra Bank Doubles Digital Loan Limit to Rs. 10 Lakh!
Nepal Rastra Bank has revised its digital loan guidelines, doubling the borrowing cap from Rs. 5 lakh to Rs. 10 lakh to make credit more accessible.
Gold Hits New Heights with a Massive Rs. 2,000 Jump!
Precious metals saw an upward trend on Tuesday as the domestic market witnessed an Rs. 2,000 hike in the price of gold per tola, while silver prices nudged up by Rs. 20 per tola.
NRB Fixes Fresh Forex Rates for Monday; US Dollar Crosses Rs 152 Selling Mark
Nepal Rastra Bank (NRB) has unveiled today's foreign exchange rates, positioning the US Dollar selling rate at Rs 152.22.
Finance Ministry Finalizes Rs 109.65 Billion Intergovernmental Transfer for Seven Provinces
The Ministry of Finance has finalized a total budget transfer of Rs. 109.65 billion across four grant categories for all seven provinces for FY 2083/84.
NEPSE Drops by 20 Points to Close at 2,735; Finance Sector Triumphs Amid Broad Market Sell-Off
The Nepal Stock Exchange (NEPSE) index tumbled by 20.27 points (0.73%), closing at the 2,735.14 level.