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Latest NEPSE and Share Market News - Page 56

NEPSE Drops 33.28 Points as Profit Booking Weighs on Market

The Nepal Stock Exchange (NEPSE) fell by 33.28 points (1.21%) on Monday to close at 2,701.32, as investors booked profits following recent gains. Daily turnover stood at NPR 6.08 billion.

PM Balen Shah Pledges Support to Boost Global Market for Nepali Products

Prime Minister Balen Shah has assured domestic manufacturers that the government will take effective measures to expand international markets for Nepali products and resolve legal and technical barriers affecting exports.

Nepal Supreme Court Bars Insurers from Issuing Premium-Priced IPOs

The Supreme Court of Nepal has ruled that insurance companies cannot issue initial public offerings (IPOs) at a premium, declaring such practice contrary to the Insurance Act while directing regulators to strictly enforce the law in future offerings.

Nepal Inaugurates Its First Modern Road Tunnel at Nagdhunga–Sisnekhola

Nepal has officially inaugurated the Nagdhunga–Sisnekhola Tunnel, the country's first modern road tunnel. The tunnel will initially be opened only to emergency and essential service vehicles during a three-month trial period.

Nepal Rastra Bank to Mop Up NPR 30 Billion in Deposits to Manage Excess Liquidity

Nepal Rastra Bank (NRB) has announced plans to collect NPR 30 billion in deposits for 179 days through a competitive bidding process as part of its efforts to absorb excess liquidity and stabilize market interest rates.

Gold and Silver Prices Rise in Nepal; Gold Gains NPR 1,400 per Tola

Gold and silver prices continued their upward trend in the Nepali market on Monday, with gold rising by NPR 1,400 and silver by NPR 35 per tola.

Shinta Mani Mustang Crowned World's No. 1 Luxury Hotel by Robb Report

Nepal's Shinta Mani Mustang has secured the top spot in Robb Report's 50 Greatest Luxury Hotels on Earth 2026, marking a historic achievement for both the hotel and Nepal's luxury tourism industry.

Global IME Bank Launches Nepal's First Nagarik App-Based Account Opening

Global IME Bank has introduced Nepal's first bank account opening service integrated with the Nagarik App, allowing eligible users to open a personal savings account online using their National Identity Card details, making the process faster, simpler, and more secure.

Over 1.2 Million Foreign Tourists Visit Nepal in FY 2025/26

Nepal welcomed more than 1.2 million foreign tourists in fiscal year 2082/83, with India remaining the largest source market, followed by the United States and China. The Nepal Tourism Board credited stronger air connectivity, targeted international promotions, and public-private collaboration for the sector's continued recovery.

NEA Launches Eastern Nepal Power Inspection After Outage Complaints

The Nepal Electricity Authority (NEA) has launched a high-level inspection of electricity infrastructure in Morang and Sunsari following public complaints over frequent power outages and voltage fluctuations. The inspection aims to improve the reliability and quality of electricity supply across eastern Nepal.

NRB Makes National ID Mandatory for Digital Wallet Users

Nepal Rastra Bank (NRB) has amended its Integrated Payment System Directive, making it mandatory for digital wallet users to update their National Identity Card details. Existing users have until the end of Ashwin 2083 BS to comply, while separate provisions have been introduced for Nepalis living abroad.

Government Plans Gen Z Museum at Burnt International Convention Centre

The government is preparing to preserve the fire-damaged International Convention Centre in New Baneshwor as a museum after a technical study concluded that the structure cannot be restored for regular use. Officials are considering transforming the site into a "Gen Z Museum" to commemorate last year's protest movement.