Snow Rivers Limited opens its IPO for the general public on Baisakh 29, offering 778,125 shares at Rs 100 each.
NEPSE rises 6.50 points in Monday's pre-open session, reaching 2795.21 with a turnover of Rs 23 million.
Nepali bullion market hits record highs as gold climbs to Rs 300,500 and silver reaches Rs 5,045 today.
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for Sunday, April 26, 2026. The US Dollar is trading at a selling rate of Rs. 151.10, while the British Pound has surpassed Rs. 204. NRB noted that while these are official benchmarks, rates at commercial banks may vary based on market demand.
International geopolitical tensions between the US, Israel, and Iran have halted the import of 94,000 tons of chemical fertilizer already purchased by Nepal. With global prices doubling, the government has made an urgent formal request to India for 150,000 tons via a Government-to-Government (G2G) mechanism to prevent a crisis during the upcoming rice-planting season.
MetLife Nepal has officially expanded its operations to Jumla, marking a significant step in bringing insurance services to remote communities. By opening a new agency office and partnering with local social organizations for educational support, the company aims to enhance both financial security and digital literacy in the Karnali region.
Rastriya Banijya Bank (RBB) has signed a strategic agreement with Nepal Clearing House Limited (NCHL) to roll out NepalPay Card services. As a principal member of the National Card Switch, the state-owned bank aims to leverage its massive nationwide network to provide customers with an accessible and indigenous digital payment solution.
Nabil Bank Limited has officially denied social media claims regarding a breach of customer transaction data. The bank clarified that any information referenced in recent news reports was accessed through legal investigative channels, not an unauthorized leak, and reaffirmed its commitment to international data security standards.
The Securities Board of Nepal (SEBON) has cautioned the public against purchasing "Pre-IPO" shares through informal channels like WhatsApp, Facebook, and SMS. The regulator clarified that selling such shares to the general public is illegal, warning that any public offering to more than 50 people requires prior formal approval from the board.
As the government initiates a nationwide campaign to manage squatter settlements, starting from Thapathali and Shantinagar, attention has turned to global success stories. While nearly 1 billion people live as squatters globally, countries like Singapore, India, and Peru offer diverse strategies. Kathmandu Mayor Balen Shah is reportedly looking toward the Singapore HDB Model, which focuses on turning displaced residents into modern homeowners through state-backed high-rise housing.
The Supreme Court of Nepal has upheld a crucial Nepal Rastra Bank (NRB) regulation allowing the blacklisting of shareholders holding 15% or more stake in a company that defaults on bank loans. The constitutional bench ruled that large shareholders are decision-makers, not just passive investors, and cannot use the "Limited Liability" shield to escape accountability for unpaid debts.
Jitendra Basnet, Director General of the Department of Industry, warns that Nepal’s graduation from a Least Developed Country (LDC) to a Developing Country could trigger a sharp rise in the cost of medicines and vaccines. The loss of international patent waivers will force local manufacturers to pay global royalties, significantly increasing production costs and market prices.