Latest News
Nepalese Stock Market Hits Historic Low Under New Finance Minister, Wiping Out Rs. 4.71 Trillion
Three months into the new administration under Finance Minister Dr. Swarnim Wagle, the Nepal Stock Exchange (NEPSE) has plummeted by over 300 points. This massive decline, fueled by a disappointing federal budget and regulatory fears, signals deep investor distrust in the current economic leadership.
3 months ago
Trump Administration Unveils Limited-Edition "Patriot Passport" for US Semiquincentennial
The US State Department has announced a highly exclusive, commemorative passport featuring President Donald Trump's likeness and signature to mark America's 250th anniversary, sparking debate over the unprecedented inclusion of a sitting president on official documents.
3 months ago
Venezuela Earthquake Toll Climbs to 920: Thousands Injured and Over 50,000 Unaccounted For
The death toll from Wednesday's twin powerful earthquakes in Venezuela has risen to 920, with 3,360 others reported injured. As hundreds remain trapped beneath the rubble and thousands face displacement, a massive international rescue operation is underway amid ongoing aftershocks.
3 months ago
Massive Surge in Bullion Market: Gold Shoots Up by Rs 4,700 in a Single Day
The domestic precious metals market witnessed a historic single-day spike on Sunday, with gold prices rising by Rs 4,700 per tola and silver increasing by Rs 145 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
3 months ago
NRB to Absorb Another रू 45 Arba Today to Manage Excess Banking Liquidity
To mop up persistent excess liquidity accumulating within the banking system, Nepal Rastra Bank (NRB) is issuing a 75-day deposit collection instrument worth रू 45 arba via an online auction today.
4 months ago
Forward Microfinance (FOWAD) to Alter Shareholding Structure to 60:40
Approved by Nepal Rastra Bank, Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) is restructuring its equity ownership from a 70:30 ratio to a 60:40 model, expanding its tradable public float.
4 months ago
Prabhu Mahalaxmi Life (PMLI) Opens Auction for 18.99 Lakh Units Promoter Shares
Prabhu Mahalaxmi Life Insurance Company Limited (PMLI) has commenced a public auction for 18,99,241 units of its promoter shares. The bidding window opens on Ashad 12, 2083, and closes on Ashad 18, 2083, allowing public and institutional participation.
4 months ago
Kumari Bank Partners with National Path Lab to Offer 10% Healthcare Discount
Kumari Bank Limited has teamed up with National Path Lab and Research Center Limited, enabling its account holders and staff to receive up to a 10% special discount on various laboratory diagnostic services.
4 months ago
NEPSE Extends Losing Streak with Minor Drop; Newly Listed SNORL Hits 15% Positive Circuit
The Nepal Stock Exchange (NEPSE) benchmark index registered a slight decline of 2.00 points to settle at 2,649.51 on Friday, even as daily trading volumes rebounded to रू 3.94 arba, highlighted by a stellar market debut for Snow Rivers Limited (SNORL).
4 months ago
53 Ilam Tea Factories Reopen After Three-Point Agreement Resolves Export Deadlock
Following a prolonged shutdown triggered by India's stringent new quality testing rules, 53 orthodox tea factories in Suryodaya Municipality, Ilam, have resumed operations after local authorities agreed to manage safety storage for stockpiled tea.
4 months ago
Nerude Mirmire Laghubitta (NMLBBL) Auctions 1,72,634 Units of Promoter Shares
Nerude Mirmire Laghubitta Bittiya Sanstha Limited (NMLBBL) has opened an auction for 1,72,634 units of promoter shares starting today (Ashad 12, 2083). The auction is open to individual investors, corporate bodies, and institutions, with the bidding deadline set for Ashad 26, 2083.
4 months ago
Gold Prices Rise While Silver Drops; Gold Fixed at रू 2,79,100 Per Tola
According to the Federation of Nepal Gold and Silver Dealers' Association, domestic gold prices climbed by रू 800 per tola today, whereas silver witnessed a decline of रू 55 per tola.
4 months ago