Latest NEPSE and Share Market News - Page 34
Muktinath Capital to Launch Rs. 1 Billion Muktinath Mutual Fund 2
Muktinath Capital Limited is set to issue 100 million units of its second mutual fund, Muktinath Mutual Fund-II, worth Rs. 1 billion.
Nepal Rastra Bank to Mop Up Rs. 35 Billion from Banking System
Nepal Rastra Bank is set to collect Rs. 35 billion in deposits for 60 days through an online bidding process to manage excess liquidity and help stabilize market interest rates.
Global IME Balanced Fund-1 Declares 12% Dividend
Global IME Capital has announced a 12% cash dividend for investors of Global IME Balanced Fund-1 for FY 2082/83, while Global IME Samunnat Yojana-2 will not distribute any dividend this year.
Muktinath Development Bank to Acquire Janaki Finance and Sindhu Development Bank
Muktinath Development Bank has moved forward with plans to acquire Janaki Finance and Sindhu Development Bank after the respective boards approved the proposed acquisition.
Gold Price Falls by Rs. 2,400 Per Tola as Silver Also Declines
Gold and silver prices continued their downward trend in Nepal on Monday, with gold dropping by Rs. 2,400 and silver by Rs. 35 per tola.
Flood Death Toll Reaches 1,341
The death toll from the devastating Bhotekoshi floods and landslides has reached 1,341, while nearly 5,000 people remain unaccounted for, according to the latest government disaster update.
Gold & Silver Prices Fall in Nepal
Gold and silver prices declined in Nepal on Sunday, with gold falling by Rs. 3,100 per tola and silver by Rs. 40. The latest rates are also reflected in today’s market data.
NSE Breakthrough: Decade-Long Legal Battle Finally Ends
India’s Supreme Court has ended a nearly decade-old dispute between SEBI and the National Stock Exchange, clearing a major legal hurdle for NSE’s long-awaited IPO.
NEPSE Alert: Government Prepares a Special Share Market Rescue Package
After NEPSE lost nearly 400 points in about six months, the government is preparing a dedicated capital-market reform package to restore investor confidence.
Farmers in Crisis: Risking Their Lives to Reach the Market
Farmers in Dhading’s Benighat Rorang are crossing landslide-hit roads to bring their vegetables to market, fearing that unsold produce could wipe out their investment.
Gas Alert: 87,877 LPG Cylinders Rushed to Kathmandu
With the Krishnabhir section of the Prithvi Highway blocked by landslides, Nepal Oil Corporation has shifted LPG bottling to Terai-based plants to keep Kathmandu supplied.
Gold Alert: Why Are European Central Banks Moving Their Gold?
The Netherlands has moved 86 tonnes of gold from North America to London, citing geopolitical uncertainty and the need for stronger crisis preparedness.