Latest NEPSE and Share Market News - Page 31
PM Shah Back in Action: Four Top Business Leaders Join Economic Talks
Prime Minister Balendra Shah has resumed meetings with leading entrepreneurs, holding discussions with Binod Chaudhary, Pawan Golyan, Umesh Shrestha and Chandra Dhakal on Nepal’s economic challenges and ways to revive business activity.
“Minister Line Will Be Longer Than Gas Line,” Says RSP MP Ashika Tamang
RSP lawmaker Ashika Tamang has criticized the government over the ongoing gas shortage, warning that repeatedly changing ministers to address the problem could create a longer line of ministers than gas cylinders.
Wagle: Government Won’t Interfere in Nepal Rastra Bank’s Autonomy
Finance Minister Dr. Swarnim Wagle has rejected concerns over government interference in Nepal Rastra Bank, saying the government will not unnecessarily influence the central bank’s monetary policy, circulars, or decisions.
Gold & Silver Prices Plunge: Gold Falls NRS 4,800, Silver Drops NRS 255
Gold and silver prices recorded a sharp decline in the Nepali market on Friday, with gold falling by NRS 4,800 per tola and silver dropping by NRS 255 per tola.
UMRH Dividend Alert: 5% Bonus Shares + 0.26% Cash Dividend Announced
United Idi Mardi and RB Hydropower Limited has proposed a 5% bonus share dividend along with 0.26% cash dividend for tax purposes from its profit for FY 2082/83.
Beni Hydropower IPO: Public Offering Enters Final Day — 863,200 Shares Up for Grab
Beni Hydropower Project Limited’s IPO for the general public has entered its final day, with investors able to apply for 863,200 ordinary shares at NRS 100 per share.
NEPSE Falls 13.85 Points to Close at 2,531.55
Nepal’s stock market extended its decline for a second consecutive session, with the NEPSE index falling 13.85 points (0.54%) to close at 2,531.55. Turnover stood at around NRS 4 billion.
Disaster Relief Fund Balance Surpasses NRS 12.43 Billion
The Prime Minister Disaster Relief Fund has accumulated a total balance of more than NRS 12.43 billion, including deposits in Nepali rupee and US dollar accounts.
Nepal Telecom Appoints Rajendra Kumar Poudel as New Chairman
Nepal Telecom has reshuffled its Board of Directors, appointing Rajendra Kumar Poudel as Chairman and Ravilal Sharma as a new Board Member.
Cabinet Update! 🇳🇵 PM Balen Shah to Lead Nepal Delegation to UN General Assembly
The government has approved Prime Minister Balen Shah’s visit to New York to attend the 81st United Nations General Assembly, alongside several major administrative and policy decisions.
Rasuwa Flood Damage Recovery Estimated at Nearly USD 4 Billion
The reconstruction of flood- and landslide-affected areas in Rasuwa could require nearly USD 4 billion, according to an initial assessment by the National Disaster Risk Reduction and Management Authority.
Hathaway Investment Nepal to Invest NRS 400 Million in Sugar & Hydropower
Hathway Investment Nepal Limited has announced plans to make a long-term investment of up to NRS 400 million in Vijay Shree Sugar Mills and Induwa Khola PROR Hydropower Project as part of its portfolio diversification strategy.