Latest NEPSE and Share Market News - Page 41
NEPSE Drops Below 2,600 After 19.13-Point Fall, Hits One-Year Low
NEPSE extended its losing streak for a second session, falling 19.13 points to 2,599.58 and slipping below the 2,600 level for the first time in about a year.
Ravi Lamichhane Pledges Immediate Action to Revive Nepal’s Capital Market
Rastriya Swatantra Party Chairman Ravi Lamichhane has pledged to take immediate initiatives to address growing concerns in Nepal’s capital market and economy after receiving a detailed briefing from a market investor.
Gold Price Climbs Rs. 3,200 Per Tola, Silver Slips Rs. 10
Gold prices continued their upward trend in the Nepali market on Monday, while silver recorded a slight decline.
Badimalika Gets 4G: Nepal Telecom Connects Remote Pilgrimage Site at 4,200 Meters
Nepal Telecom has launched high-speed 4G service at the remote Badimalika pilgrimage site in Bajura, bringing mobile and internet connectivity to one of Nepal’s high-altitude tourist destinations ahead of the Janai Purnima festival.
NPR 129 Billion Financing Secured for 860 MW Tila-1 and Tila-2 Hydropower Projects
Financing has been secured for the 860 MW Tila-1 and Tila-2 hydropower projects in Kalikot, paving the way for the construction of two major peaking projects in Karnali Province.
Nepal’s Investment Climate Needs Urgent Reform, Says MP Swar
Nepali Congress lawmaker Bharat Bahadur Swar has accused the government of failing to create a business-friendly investment environment, citing bureaucratic hurdles, lack of a one-stop system, corruption, and uncertainty for investors.
Finance Minister Wagle Rules Out Immediate Demonetization Plan
Finance Minister Dr. Swarnim Wagle has clarified that the government has no plans to introduce demonetization at present, saying the measure is neither an immediate need nor a priority.
Nagdhunga Tunnel Opens to Private Vehicles, Cutting Kathmandu-Dhading Travel Time
The Nagdhunga Tunnel has begun trial operations for cars, jeeps, and vans with up to nine seats, offering motorists a faster alternative to the congested Nagdhunga road.
NRB to Collect Rs. 8.5 Arba Deposits Through Bidding Today.
Nepal Rastra Bank (NRB) will collect Rs. 8.5 Arba in deposits from banks and financial institutions through a competitive bidding process today for a period of 175 days.
SEBON Opens Public Consultation on New Debenture Issuance Rules
The Securities Board of Nepal (SEBON) has released the draft Debenture Registration and Issue Regulations, 2083 B.S. for public consultation, seeking feedback to strengthen Nepal’s corporate debt market and diversify the country’s capital market.
NEPSE Drops 10.67 Points to 2,618.72 as Turnover Stands at Rs. 4.16 Arba
Nepal’s benchmark NEPSE index declined by 10.67 points (0.40%) on Thursday, reversing the previous session’s 7.17-point gain. Turnover stood at Rs. 4.16 Arba, with more than 10 million shares changing hands.
MetLife to Provide Life and Accident Cover to RBB Employees
MetLife, American Life Insurance Company, has entered into an agreement with Rastriya Banijya Bank (RBB) to provide group life and group personal accident insurance coverage to the bank’s employees.