Latest NEPSE and Share Market News - Page 39
Government Has Sufficient Resources to Tackle Disaster, Says Finance Minister Wagle
Finance Minister Dr. Swarnim Wagle has assured that the government will ensure adequate resources for rescue, relief, rehabilitation, and reconstruction following the recent natural disasters.
Margin Loans Rise 18.34% to Rs. 166.50 Billion in One Year
Margin lending against shares surged 18.34% in FY 2082/83, reaching Rs. 166.50 billion, nearly three times the growth rate of overall bank credit.
Over 200 Workers Missing as Devastating Flood Hits Hydropower Projects in Rasuwa
Severe flooding in the Bhote Koshi and Trishuli rivers has caused major human and physical damage to hydropower projects in Rasuwa, with more than 200 employees and workers reported missing or trapped.
Rasuwa Flood Death Toll Reaches 258, Over 900 Still Missing
The death toll from the devastating floods linked to the Bhote Koshi River has reached 258, while 910 people remain unaccounted for across the country, according to the National Disaster Risk Reduction and Management Authority.
Nasa Securities Contributes Rs. 50 Million to PM Relief Fund for Rasuwa Flood Victims
Nasa Securities has deposited Rs. 50 million into the Prime Minister’s Relief Fund to support rescue and relief efforts for citizens affected by the devastating Bhote Koshi flood in Rasuwa.
Electricity Service Restored in Nuwakot’s Battar and Trishuli Areas After Flood
Electricity supply has resumed in Battar and Trishuli Bazaar areas of Nuwakot after the Bhote Koshi flood disrupted the regular power distribution system.
Global IME Bank Announces Rs. 5 Crore Support for Flood-Affected Communities
Global IME Bank has announced Rs. 5 crore in financial assistance to the Prime Minister’s Disaster Relief Fund to support search and rescue, immediate relief, medical assistance, and long-term rehabilitation efforts for communities affected by the devastating Bhote Koshi flood.
Flood Alert: Vehicles Halted From Kathmandu Toward Rasuwa, Dhading and Chitwan
Authorities have stopped vehicles heading from Kathmandu Valley toward Dhading, Rasuwa and Chitwan amid rising flood risks along the Bhotekoshi and Trishuli river corridors.
Ravi Lamichhane Urges Life-Saving Efforts as Rasuwa Flood Crisis Deepens
RSP Chair Ravi Lamichhane has urged party leaders, members and supporters to prioritize public safety, rescue and humanitarian assistance amid the flood disaster in Rasuwa.
Rasuwa Flood Shock Sends Hydropower Stocks Into a Steep Slide
Shares of hydropower companies linked to Rasuwa plunged sharply on the Nepal Stock Exchange after reports emerged of extensive damage to hydropower projects and transmission infrastructure caused by a sudden flood.
Free Telecom Services, No Prior Permit for Private Helicopters in Flood-Hit Areas
The government has made Nepal Telecom’s phone and data services free in four flood-affected districts and eased helicopter approval requirements to speed up rescue and relief operations.
High Alert in Rasuwa as Risk of Another Flood in Bhotekoshi Rises
Authorities have urged people to remain highly alert as a natural dam formed upstream of the Bhotekoshi River could burst at any time, potentially triggering another major flood.