Latest NEPSE and Share Market News - Page 37
Prithvi Highway Blocked: Krishnabhir Road May Take 10–15 Days to Reopen
Damage caused by the Bhotekoshi flood and increased Trishuli River flow has severely affected the Krishnabhir section of the Prithvi Highway, with authorities estimating up to 15 days for reopening.
Rasuwa Flood Crisis: 894 Hydropower Workers Still Unaccounted For
Six days after the devastating Bhotekoshi flood, around 894 employees and workers from major hydropower projects in Rasuwa and Nuwakot remain out of contact.
ICFC Announces 10.53% Cash Dividend for Shareholders
ICFC Finance Limited has announced a 10.5263% cash dividend for shareholders from its profit for FY 2082/83, subject to regulatory and AGM approval.
11 Hydropower Projects Damaged as Rescue Efforts Intensify After Flash Floods
Flash floods on August 26 damaged 11 hydropower projects along the Bhotekoshi and Trishuli rivers, while rescue teams continue efforts to reach workers trapped or unaccounted for inside tunnels.
Balen–Rabi Meet to Review Bhotekoshi Flood Response
Prime Minister Balendra Shah and RSP Chairman Rabi Lamichhane met to review rescue, relief and rehabilitation efforts in flood-hit Rasuwa.
NEPSE Plunges 43.89 Points as Selling Pressure Intensifies
The Nepal Stock Exchange (NEPSE) witnessed a sharp decline on Wednesday, dropping 43.89 points (1.71%) to close at 2,513.45, with most sectors ending in the red.
Rasuwagadhi Hydropower Tunnel Search Ends With No People Found
The Nepali Army has completed its search of the Rasuwagadhi Hydropower Project tunnel after finding no people inside following the Bhote Koshi flood.
LPG Shortage Deepens in Kathmandu as Highway Damage Disrupts Supply
The LPG shortage in Kathmandu Valley has intensified after the collapse of a section of the Prithvi Highway at Krishnabhir disrupted the movement of gas bullet trucks into the capital.
Shivam Cement Announces Major Support for Flood-Affected Families
Shivam Cement has announced 11,000 bags of free OPC cement for 110 affected households, while its subsidiary Shivam Holdings has contributed Rs. 1.1 million to the disaster relief fund.
PM Balen Shah Holds Security Briefings Over Rasuwa Flood Crisis
Prime Minister Balendra Shah has begun consultations with security chiefs to assess the search, rescue, relief and management efforts following the Bhote Koshi flood in Rasuwa.
Flood Disrupts Kathmandu Supply Chain, Raising Market Risks
Damage to major highways connecting Kathmandu with key supply centers has disrupted the transportation of vegetables, food, LPG and petroleum products, raising concerns over possible shortages and price pressures.
Rasuwa Flood: 903 Bodies Recovered, Over 4,200 Still Missing
The devastating flood in Rasuwa and surrounding areas has resulted in 903 bodies being recovered, while 4,247 people remain unaccounted for, according to the latest disaster authority update.