Latest NEPSE and Share Market News - Page 36
Disaster Relief Fund Crosses Rs. 7.88 Billion as Government Plans Reconstruction
Prime Minister Balen Shah says the Prime Minister’s Disaster Relief Fund has collected Rs. 7.88 billion, while international partners continue to support Nepal’s disaster response and reconstruction efforts.
Government Seeks Permanent Solution to Krishna Bhir Landslide
The government is moving beyond temporary repairs, studying tunnels and alternative bypass routes for a permanent solution to the recurring Krishna Bhir landslide problem.
Government Plans Alternative Routes for LPG Supply
With LPG bullet trucks unable to pass through the damaged Krishna Bhir section, the government has decided to transport gas through alternative routes.
Krishna Bhir Road to Reopen Within Bhadra
Prime Minister Balendra Shah has announced that the damaged Krishna Bhir section of the Prithvi Highway will be reconstructed and reopened within Bhadra.
Nepal Rastra Bank Eases Branch Relocation Rules for Disaster-Hit Microfinance Firms
Nepal Rastra Bank has introduced a special provision allowing disaster-affected microfinance institutions to relocate or merge branches without prior approval.
Global IME Bank Announces 10% Dividend
Global IME Bank has announced a 10% dividend for shareholders from its distributable profit for FY 2082/83.
Flood Shock Sends NEPSE Down 80+ Points, But Is Recovery Ahead?
The devastating Bhotekoshi–Trishuli floods have triggered panic among investors, pushing the NEPSE index down by more than 80 points to around 2,513. Hydropower stocks have been hit particularly hard, but analysts say the massive reconstruction drive could create new opportunities for the market.
7,992 Police Deployed After Devastating Bhotekoshi Floods
Nepal Police has mobilized 7,992 personnel across flood-hit areas for search and rescue, public safety, relief coordination and disaster-risk reduction, with drones, trained dogs, satellite phones and specialist teams also deployed.
Gold & Silver Prices Fall in Nepal
Gold and silver prices declined in the Nepali market on Tuesday, Bhadra 16 (September 1). Gold fell by Rs. 500 per tola, while silver dropped by Rs. 15 per tola.
NEPSE Donates Rs. 1.11 Crore for Bhotekoshi Flood Relief
Nepal Stock Exchange (NEPSE) has contributed Rs. 1,11,11,111 to the Prime Minister’s Disaster Relief Fund to support the rescue, relief and rehabilitation of victims affected by the devastating Bhotekoshi flood.
SEBON Tightens Watch on Flood-Hit Companies, Gives NEPSE 5-Point Directive
SEBON has directed NEPSE to strengthen monitoring of companies affected by recent floods and natural disasters while ensuring timely disclosure and investor protection.
Taxpayer Lottery Result Postponed Due to Disaster Situation
The government has postponed the scheduled result of its Taxpayer Incentive Gift Program due to the ongoing disaster situation, but coupon generation will continue.