Shree Airlines plans to launch international flights to India within three months and is preparing an IPO priced at Rs. 200 per share.
The Supreme Court refused to register a writ petition seeking the suspension of RSP President Rabi Lamichhane over an ongoing money laundering case.
The NEPSE index gained 2.92 points in Wednesday's pre-open session, reaching 2810.04 following a previous double-digit loss.
Gold prices in Nepal fell by Rs 800 per tola on Wednesday, April 22 (Baishakh 9), while silver saw a decline of Rs 30 per tola. According to the Federation of Nepal Gold and Silver Dealers' Association, gold is now trading at Rs 300,500 per tola.
To manage the excess liquidity in the banking system, Nepal Rastra Bank (NRB) is set to withdraw NPR 40 billion through a deposit collection instrument for a period of 160 days. The central bank is utilizing this tool as loan demand remains sluggish despite high deposit levels.
US President Donald Trump announced on Tuesday that he will extend the two-week ceasefire with Iran, which was scheduled to expire Wednesday night. However, Trump clarified that the naval blockade and military sanctions against Iran will remain in full force despite the pause in active combat.
Manjushree Finance (MFIL) has reported a significant 27.93% increase in net profit, reaching NPR 218.9 million for the third quarter of the current fiscal year. The finance company also posted a robust distributable profit of NPR 305.4 million, with an earnings per share (EPS) of NPR 21.60.
Sarvottam Paints Industries Limited is opening its Initial Public Offering (IPO) on May 4, 2026 (Baishakh 21), specifically targeting Nepali citizens currently employed abroad. Eligible investors can apply for a minimum of 10 shares and a maximum of 5,000 shares.
HRL has appointed Dipak Kumar Mishra and Ashish Chandra Neupane to its Board of Directors to fill vacancies left by the resignations of four high-level members.
Tim Cook will transition to Executive Chairman on September 1, 2026, with Hardware Engineering head John Ternus becoming Apple's new CEO.
Mahalaxmi Bikas Bank now enables UnionPay QR payments across its network, simplifying digital transactions for international tourists and local merchants.
Snow Rivers Limited allotted 937,500 units to project-affected locals yesterday, with 2,434 applicants receiving at least 170 units each.