Latest NEPSE and Share Market News - Page 51
Everest Bank Reports Rs. 5.07 Billion Profit in FY 2082/83
Everest Bank Limited reported a 4.75% year-on-year increase in net profit to NPR 5.07 billion for FY 2082/83, supported by growth in deposits and lending despite higher impairment charges.
Gold Price Jumps Rs. 4,200 per Tola, Reaches Rs. 288,000
Gold prices in Nepal rose sharply on Wednesday, with fine gold increasing by Rs. 4,200 per tola to Rs. 288,000, while silver also gained Rs. 95 per tola.
NEPSE Rises 4.79 Points; SOHL Leads Turnover
The Nepal Stock Exchange (NEPSE) ended Wednesday's trading session 4.79 points higher at 2,667.97, with Solu Hydropower Limited leading both turnover and gainers.
Kathmandu's Cable Cleanup Delayed Despite Government Deadline
Kathmandu continues to struggle with disorganized telephone, internet, and electricity cables despite government directives to complete cable management by Shrawan 15, with authorities now seeking an additional 15 days to finish the work.
Nepal Oil Corporation Forms Quick Response Team to Prevent LPG Shortages
Nepal Oil Corporation (NOC) has formed a Quick Response Team to address LPG supply disruptions and consumer complaints following a directive from the Minister of Industry, Commerce and Supplies to ensure uninterrupted cooking gas availability across the country.
SEBON Forms High-Level Task Force to Reform Nepal's Primary Market
The Securities Board of Nepal (SEBON) has formed a high-level task force to improve transparency, efficiency, and investor confidence in the country's primary capital market through regulatory and procedural reforms.
Nabil Bank's Profit Jumps 33.5% to NPR 7.91 Billion
Nabil Bank has reported a 33.5% year-on-year rise in net profit to NPR 7.91 billion for FY 2082/83, driven by lower impairment charges, improved operating performance, and stronger dividend capacity.
Finance Minister to Hold Special Meeting with NRB Executive Directors
Finance Minister Dr. Swarnim Wagle is set to hold a special discussion with all Executive Directors of Nepal Rastra Bank to review the country's financial situation, monetary policy implementation, and key economic challenges.
Government Proposes Stronger Public Transport Authority for Kathmandu
The government has proposed amendments to strengthen Kathmandu Valley's Public Transport Management Authority by granting it wider powers over route planning, fare regulation, digital payments, infrastructure, and service operations.
Nepal Cabinet Approves Seven Key Decisions
The Government of Nepal has approved seven major decisions, including key appointments, policy reforms, legislative measures, and relief support for victims of recent unrest in Sunsari and Siraha.
UML Reorganization Report Reaches Oli Amid Leadership Debate
A task force report on CPN-UML’s election review and party reorganization has been submitted to Chairman KP Sharma Oli, triggering fresh debate within the party over leadership reform and the report’s final outcome.
PMO Steps In as Government Moves to Ease LPG Supply Shortage
The Prime Minister’s Office has initiated high-level coordination with stakeholders to address the ongoing LPG supply shortage, while approving increased imports ahead of the Dashain festival season.