Latest NEPSE and Share Market News - Page 17
NRB Directs Banks to Provide Rs. 100 Notes Through ATMs for Dashain
The Nepal Rastra Bank (NRB) has directed banks and financial institutions to make new Rs. 100 notes available through ATMs ahead of Dashain and other major festivals.
Heavy Rainfall Recorded in Arghakhanchi; More Rain Expected
Arghakhanchi’s Simalpani rainfall station recorded 58.2 mm of rain in the past hour, classified as heavy rainfall, with several provinces experiencing thunderstorms and moderate rain.
Gas Crisis Sparks Debate Over Plan to Bring Nepal Army Into LPG Business
The government is considering involving the Nepal Army in LPG distribution as a long-term response to recurring gas shortages, but the proposal has drawn concerns over the role of the Nepal Oil Corporation, private-sector competition and the expansion of the military into commercial activities.
Dashain Tika Auspicious Time Set for 10:26 AM on Kartik 4
The Nepal Panchanga Nirnayak Development Committee has announced the auspicious timings for major Dashain rituals, with the best time for receiving Tika set for 10:26 AM on Kartik 4, Tuesday.
Gold and Silver Prices Rise in Nepalese Market
Gold and silver prices edged higher on Ashwin 21, with gold increasing by Rs 800 per tola and silver by Rs 10 per tola.
Lionel Messi Announces Retirement From International Football
Argentina captain and football icon Lionel Messi has announced his retirement from international football, bringing an extraordinary two-decade career with the national team toward an end.
Global IME Bank Promotes Buddhi Akela to Assistant CEO
Global IME Bank has elevated Deputy General Manager and Chief Risk Officer Buddhi Akela to the position of Assistant Chief Executive Officer, recognizing his more than two decades of banking experience.
Lumbini Bikas Bank to Auction 1.51 Lakh Promoter Shares to Public
Lumbini Bikas Bank is set to auction 1,51,585 promoter shares to the general public, companies and institutions, with bids open for 15 days from Ashwin 21, 2083.
NRB to Collect Rs 30 Billion Through 28-Day Deposit Auction
Nepal Rastra Bank will raise Rs 30 billion through a 28-day deposit collection instrument on Ashwin 21, with eligible Class A, B and C banks allowed to participate through competitive bidding.
SEBON Moves to Reconsider 15-Day Share Sale Notice Amid Investor Backlash
Investor representatives have urged SEBON to withdraw or revise the 15-day advance notice requirement for substantial and founder shareholders, citing panic selling and increased pressure on share prices.
NEPSE Rebounds 11.96 Points After Previous Session’s Sharp Decline
The Nepal Stock Exchange (NEPSE) gained 11.96 points, or 0.46%, to close at 2,578.73, while total turnover stood at Rs. 3.13 Arba.
Matatirtha–Chobhar 132 kV Transmission Line Set to Strengthen Kathmandu Power Supply
The construction of the Matatirtha–Chobhar section of the Thankot–Chapagaun–Bhaktapur 132 kV transmission line project has been completed, with the 6-km line set to be charged from Friday.