Latest NEPSE and Share Market News - Page 63
SEBON Sets 10-Year Vision to Strengthen Capital Market
The Securities Board of Nepal (SEBON) has unveiled the Capital Market Development Roadmap 2083, outlining a 10-year strategy to transform Nepal’s capital market into a major driver of economic growth and align it with international standards.
Second Day of Protests Disrupts Work at Singhdurbar
Temporary, contract, and daily wage government workers continued their protest for a second day at Singhdurbar, opposing the government's decision to terminate their contracts and warning that tens of thousands of jobs could be lost.
SEBON to Introduce Short Selling in Nepal’s Capital Market Soon: Chairman Bhatt
SEBON Chairman Dr. Gopal Prasad Bhatt has announced plans to introduce short selling in Nepal’s capital market, allowing investors to profit even when share prices decline and promoting a more balanced market.
Muktinath Bikas Bank Donates Biological Microscopes to Nepal Red Cross
Under its Corporate Social Responsibility (CSR) program, Muktinath Bikas Bank has donated three biological microscopes to the Nepal Red Cross Society, Lumbini Province, to support safe and quality blood transfusion services.
Former Nepal Telecom MD Sunil Poudel Jailed in Illegal Property Case
The Special Court has convicted former Nepal Telecom Managing Director Sunil Poudel of illicit enrichment, sentencing him to two years and six months in prison while ordering the confiscation of assets worth over Rs. 1.275 billion.
RSML Lock-in Shares to Become Tradable from Bhadra 1
Reliance Spinning Mills Limited has announced that the six-month lock-in period on 770,640 shares allotted to Qualified Institutional Investors (QIIs) will expire on Bhadra 1, 2083, making the shares eligible for trading on the Nepal Stock Exchange.
Nepal's Banks Overflow With Deposits, But Credit Demand Slumps
Nepal's banking sector is witnessing a sharp rise in deposits and excess liquidity, but weak credit demand from businesses and households is limiting lending growth, highlighting sluggish economic activity despite historically low interest rates.
Nepal's Inflation Remains Under Control as Food Prices Climb
Nepal's annual consumer inflation rose to 5.04 percent by mid-June, driven mainly by higher prices of fruits, edible oils, transport, and services, but remained within the Nepal Rastra Bank's 5.5 percent policy target.
Margin Loans Surge as Investors Return to Nepal's Stock Market
Share-backed lending by banks and financial institutions has risen sharply as improving stock market activity, ample liquidity, and historically low interest rates encourage investors to borrow for equity investments.
Finance Minister Appoints Bhojan Aryal as Revenue Advisor
Finance Minister Dr. Swarnim Wagle has appointed FCA Bhojan Aryal as his unpaid Revenue Advisor, expressing confidence that Aryal's expertise will help the government achieve its ambitious revenue collection target of Rs 1.6 trillion.
Investor Protest Forces SEBON to the Negotiating Table
Following a tense protest outside the Securities Board of Nepal (SEBON), Chairman Gopal Prasad Bhatt has invited five representatives of the protesting investors for talks aimed at discussing a concrete rescue plan for Nepal's struggling stock market.
Gold Price Drops by Rs 1,200 Per Tola
Gold and silver prices declined in the Nepali market on Tuesday, with gold falling by Rs 1,200 per tola and silver dropping by Rs 15 per tola, continuing their recent downward trend.