Latest NEPSE and Share Market News - Page 102
Yeti Airlines to Launch IPO; Signs Agreement with NIMB Ace Capital
Yeti Airlines prepares for its Initial Public Offering (IPO) to expand its domestic flight network and strengthen regional connectivity across Nepal.
Tuesday’s Slide: NEPSE Down 39.44
Trading volume edged higher to Rs 4.66 billion even as the benchmark index saw a significant 39-point decline.
SHIVM Strengthens Balance Sheet with Rs 13.08 Billion in Total Assets
Shivam Cements reports a Rs 61.91 crore net profit, ready to pivot as soon as the domestic infrastructure market recovers.
Laxmi Sunrise Bank Partners with CIT for Efficient Retirement Fund Management
Citizen Investment Trust (CIT) and Laxmi Sunrise Bank partner to optimize retirement funds, ensuring systematic records and efficient payouts.
Major Milestone: Garima Bikas Bank Wins Prestigious Industry Award
Recognized for excellence in management and technology, Garima Bikas Bank is officially named the Best Managed Development Bank 2026.
Prabhu Mahalaxmi Life Insurance Rating Reaffirmed at [ICRANP-IR] BBB
ICRA Nepal reaffirms BBB- rating for Prabhu Mahalaxmi Life, citing strong 28.89% net premium growth and a robust claim settlement ratio.
Bullion Surge: Gold Gains Rs 4,400 in Single-Day Trading
Gold and silver prices trended upward today, with gold hitting Rs 302,900 and silver rising to Rs 5,695.
Finance Minister Shuts Down Rumors of Secret 'Hit List' to Arrest Businessmen
Finance Minister Dr. Swarnim Wagle has dismissed rumors of a government crackdown on the private sector, identifying businessmen as essential partners in building a $100 billion economy.
Massive Fraud Exposed: Two More Arrested in Plot to Illegally Auction State-Owned Telecom Assets!
Nepal Police have arrested two individuals for attempting to illegally auction assets of Smart Telecom that are currently under government control. The suspects face charges of fraud and criminal breach of trust related to the unauthorized disposal of state property.
Rich on Paper, Empty in Pocket: The Alarming Profit-Cash Gap Crippling Nepali Banks
Nepali commercial banks are reporting high net profits while facing negative distributable profits and cash flow issues due to unpaid interest and rising bad loans.
Gold Prices Skyrocket: Massive NPR 3,800 Surge Hits the Market in Just One Week!
The price of gold in Nepal increased by NPR 3,800 per tola over the past week, reaching nearly NPR 300,000 despite significant mid-week fluctuations.
NEPSE Inches Upward with 7-Point Gain Despite Massive 35% Slump in Trading Volume
The Nepal Stock Exchange (NEPSE) index closed slightly higher at 2,745.65 points this week, even as average daily turnover saw a significant decline of over 35%.