Latest NEPSE and Share Market News - Page 30
SpaceX Acquires Cursor Maker Anysphere for $60 Billion
Elon Musk’s SpaceX has acquired Anysphere, the company behind AI coding platform Cursor, in a $60 billion all-stock deal, bringing 25-year-old Indian-origin co-founder Aman Sanger into the global spotlight.
Kathmandu DAO Orders Immediate Sale of Cooking Gas Stocks Amid Shortage
The Kathmandu District Administration Office has instructed LPG dealers and distributors to sell available cooking gas stocks to consumers immediately and warned of strict action against hoarding, hidden stocks and overpricing.
CIT Bill Proposes NRS 10 Billion Authorized Capital, Wider Investment Scope
The government has moved forward with a bill to amend the Citizen Investment Trust Act, 2047, aiming to expand CIT’s investment areas, strengthen its capital structure and make the capital market more dynamic.
Prime Minister’s Relief Fund Balance Reaches NRS 13.54 Billion
The Prime Minister’s Disaster Relief Fund continues to receive financial support, with its balance reaching NRS 13.54 billion as of 9 a.m. today.
Philippines Ferry Fire Death Toll Rises to 76, 13 Still Missing
The death toll from a vessel fire in the Philippines’ Palawan province has climbed to 76, while 13 people remain missing and search and rescue operations continue.
RBB Signs MoU with Sanskritik Sansthan to Offer Concessional Banking Services
Rastriya Banijya Bank (RBB) and Sanskritik Sansthan have signed an MoU to provide salary accounts, professional loans and other banking services to the institution’s employees at concessional rates.
Korala Border Sees Import Surge as Mustang Customs Collects NRS 1.78 Billion in 15 Days
Mustang Customs collected NRS 1.7844 billion in revenue in just 15 days as imports through the northern Korala border surged following the closure of the Rasuwagadhi–Kerung and Tatopani crossings.
Kathmandu Plans Multi-Storey Parking at NAC Building to Ease New Road Congestion
Kathmandu Metropolitan City has sought federal government approval to convert the Nepal Airlines Corporation (NAC) building at New Road into a multi-storey parking facility to address the capital’s growing parking shortage.
Gold and Silver Prices Rise in Nepal, Gold Reaches NRs 302,200
Gold increased by NRs 1,200 per tola while silver gained NRs 60 per tola in the Nepali market on Sunday.
MARKET REBOUND! NEPSE Jumps 27.94 Points to 2,559.49
Nepal’s benchmark NEPSE index rebounded strongly on Thursday, gaining 27.94 points (1.10%) to close at 2,559.49, following a 13.85-point decline in the previous session.
Bhotekoshi Flood Recovery Bill: NRS 95.42 Billion Needed Just to Clear Debris
The government estimates that NRS 95.42 billion will be required for immediate and long-term recovery measures, including removing flood debris, reducing disaster risks and ensuring inclusive rehabilitation following the Bhotekoshi floods.
MARKET REVIVAL: 10–12 Point Capital Market Reform Plan Coming Within a Week
Finance Minister Dr. Swarnim Wagle has announced five special economic packages, including a 10–12 point policy reform plan for the sluggish capital market expected to be introduced within a week.