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Latest NEPSE and Share Market News - Page 25

Kumari Bank Calls 26th AGM to Approve 2.0156% Cash Dividend

Kumari Bank has called its 26th AGM on October 14 to approve a 2.0156% cash dividend, including tax, proposed from its profit for FY 2082/83.

Citizens Bank Calls 20th AGM to Approve 4% Dividend

Citizens Bank International has called its 20th Annual General Meeting on Ashoj 28 to approve a 3.8% bonus share and 0.2% cash dividend proposed for shareholders.

Pokhara–Dubai Flights Resume: Flydubai Begins Regular International Service Today

Flydubai is set to begin regular flights on the Dubai–Pokhara–Dubai route from today, marking a significant development for international connectivity from Pokhara International Airport.

NIC Asia Equity Opportunity Fund Opens Today: Applications Open Until Ashoj 13

NIC Asia Capital has opened the issue of NIC Asia Equity Opportunity Fund from Ashoj 7, offering 8 crore units worth Rs. 80 crore to investors.

Muktinath Mutual Fund 2 Extends IPO Deadline to Ashoj 15

Muktinath Capital has extended the application period for its second mutual fund, Muktinath Mutual Fund 2, allowing investors to apply until Ashoj 15.

Muktinath Development Bank Customers to Get Up to 30% Discount at KGH Hotels

Muktinath Development Bank Limited has entered into a business agreement with KGH Group of Hotels and Resorts to provide its customers with special discounts of 10% to 30% on various hotel and resort services.

Relief Funds Cross Rs 15 Billion as Bhote Koshi Flood Recovery Continues

More than Rs 15 billion is currently available across the Prime Minister’s Disaster Relief Fund and Prime Minister’s Relief Fund as the government continues mobilizing resources for communities affected by the Bhote Koshi floods in Rasuwa.

Heavy Rain Alert in Bagmati: Residents Urged to Stay on High Alert

The Bagmati Province Government has issued a weather safety alert as heavy rainfall is forecast across several parts of the province from Ashwin 9 to 11. Residents have been advised to take precautions against possible flash floods, landslides and inundation, while avoiding unnecessary long-distance and nighttime travel.

ICRA Nepal Reaffirms BBB- Rating for Bikash Hydropower

ICRA Nepal Limited has reaffirmed the issuer rating of Bikash Hydropower Company Limited (BHCL) at [ICRANP-IR] BBB-, while retaining the company under “Watch with Negative Implication.”

NRB Introduces New NID Rules for Digital Wallet Users

Nepal Rastra Bank (NRB) has introduced new provisions requiring licensed payment service providers to verify and update National Identity Card (NID) details of digital wallet users.

Gold, Silver Prices Fall in Nepalese Market

Gold and silver prices declined in the domestic market on Tuesday, Ashwin 6, with gold falling by Rs. 1,700 per tola and silver by Rs. 20 per tola.

No Agreement to Withdraw VAT Exemption on Electricity: Finance Minister’s Secretariat

The secretariat of Finance Minister Swarnim Wagle has clarified that there has been no principled agreement to withdraw the VAT exemption on electricity tariffs.