Latest News
Finance Minister Dr. Swarnim Wagle Links Stock Market Drop to Massive Rs. 1 Kharda Anti-Corruption Crackdown
Finance Minister Dr. Swarnim Wagle clarified in Parliament that the recent NEPSE downturn is driven by psychological panic over a Rs. 100 Billion (1 Kharda) ongoing legal investigation into capital market and insurance scams.
2 months ago
US-Iran Peace Ceremony Postponed at Last Minute; Nuclear Tech Talks to Continue as Accord Moves Online
The high-level formal signing ceremony to conclude the US-Iran conflict at Switzerland's Bürgenstock Resort was abruptly postponed after both nations fully executed the primary peace accord digitally.
2 months ago
Finance Minister Dr. Swarnim Wagle Defends FY 2026/27 Budget as a Bold Roadmap to Shift from Consumption to Production
Finance Minister Dr. Swarnim Wagle stated that the FY 2083/84 (2026/27) budget aims to alter the nation's economic destiny by shifting from a remittance-reliant system to a production, investment, and export-driven economy.
2 months ago
Gold and Silver Prices Plmet in Nepalese Market with Historic Drop
Gold prices plunged by a massive Rs. 10,500 per tola, while silver dropped by Rs. 305 per tola on Friday, Ashar 5.
2 months ago
United Ajod Insurance (UAIL) Proposes 4.5% Dividend for Shareholders
United Ajod Insurance Limited (UAIL) has announced a 4.51% total dividend, including 4.28% bonus shares, from the profits of the last fiscal year.
2 months ago
Nepal Rastra Bank Fixes Today's Forex Rates; US Dollar at NPR 150.95 Buying and NPR 151.55 Selling
Nepal Rastra Bank (NRB) has unveiled the official foreign exchange reference rates for Thursday. Under the latest reference schedule, the US Dollar is pegged at a buying rate of NPR 150.95, while major European currencies like the Euro and UK Pound Sterling maintain strong benchmarks at NPR 174.95 and NPR 202.36 (buying), respectively.
2 months ago
NEPSE Edges Lower by 5 Points; Apollo Hydropower Hits 15% Positive Circuit
The Nepal Stock Exchange (NEPSE) index witnessed a minor correction on Thursday, sliding by 5.06 points to close just above the 2,700 mark. Despite the quiet market sentiment and a total turnover of NPR 3.41 Arba, Apollo Hydropower Limited stole the spotlight by hitting a massive 15% positive circuit.
2 months ago
Nepal Rastra Bank Proposes Strict Curb on Political Activity and Strikes for Bank Employees
Nepal Rastra Bank has drafted severe restrictions for banking sector employees, proposing a blanket ban on political affiliations, election campaigning, and participating in disruptive strikes, while preserving their fundamental right to vote and join professional bodies.
2 months ago
Himalayan Power Partner Limited Concludes Auction for 468,740 Units of Unclaimed Rights Shares
Himalayan Power Partner Limited (HPPL) has officially closed its public auction today for 468,740 units of ordinary rights shares that remained unsubscribed during its recent 1:0.50 rights offering.
2 months ago
Finance Minister Assures Rigorous Multi-Generational Background Checks for SEBON and Insurance Authority Chiefs
Finance Minister Dr. Swarnima Wagle has announced that the vacant leadership roles at the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority will only be filled after rigorous background screenings, revealing that a candidate for SEBON has been identified but remains under deep review.
2 months ago
Citizens Bank Opens Sale of 77,578 Units of Founder Shares to General Public
Citizens Bank International Limited (CZBIL) has opened the sale of 77,578.31 units of founder shares to qualified individual and institutional investors after existing promoters declined to purchase them within the initially allocated timeframe.
2 months ago
Salapa Bikas Bank Announces Lock-In Expiry for Mutual Fund Shares
Salapa Bikas Bank Limited (SABBL) has notified investors that the mandatory six-month lock-in period for 58,114 units of shares allocated to mutual funds will expire on Ashar 24, 2083, allowing these institutions to trade the shares freely in the secondary market.
2 months ago