Latest NEPSE and Share Market News - Page 68
PHCL Approves Investments in Hydropower and Agribusiness Firms
The company's board has approved equity investments in Nyadi Phidi Hydropower and Janata Agro & Forestry using a portion of its surplus investable funds.
Home Minister Orders Immediate Clearance of Encroached Land at Koshi Hospital
Home Minister Sudhan Gurung has directed authorities to demolish illegal structures built on Koshi Hospital's land, pledging strict action against encroachers.
Time Pharmaceuticals Launches Roadshow for Book-Building IPO Ahead of Institutional Bidding
The pharmaceutical company unveiled its IPO plans to institutional investors, proposing a base price of Rs 600 per share under Nepal's book-building process.
Maldaha Mango Prices Double as Supply Declines, Farmers Demand Fair Returns
Shrinking production has driven up Maldaha mango prices in Madhesh, but farmers say traders—not producers—are benefiting from the surge.
Technology-Driven Traffic Monitoring Leads to Action Against Over 38,000 Drivers in Kathmandu
CCTV and ANPR systems helped Kathmandu traffic police take action against nearly 39,000 traffic rule violators over the past year.
Nepal’s Economy Grows 3.51% in Third Quarter, Led by Power and Financial Sectors
Preliminary estimates show Nepal's GDP expanded 3.51% year-on-year in the third quarter of FY 2025/26, supported by strong growth in electricity, finance, and trade.
Flydubai, Pokhara Tourism Stakeholders Discuss Long-Term Success of Dubai Flights
Local business leaders and Flydubai officials held talks to ensure the sustainability of the Pokhara–Dubai service ahead of its September 23 launch.
DDC Business Grows 50%, Farmer Payments Improve as Expansion Plans Gather Pace
The government says the Dairy Development Corporation has boosted sales, reduced outstanding payments to farmers, and is preparing to expand exports and production.
NEPSE Drops Nearly 1% as Benchmark Index Falls 26.29 Points
The benchmark index extended its losses amid broad-based selling, while daily turnover stood at Rs 3.55 billion.
Global Oil Prices Fall as OPEC Agrees to Raise Output from August
Brent and WTI crude prices declined after OPEC approved a production increase, raising expectations of improved global oil supply.
Nepal’s Economy Estimated to Grow 3.51% in Third Quarter of FY 2025/26
Improved electricity generation, financial services, and trade activities drive Nepal's economic growth, while agriculture and manufacturing remain subdued.
Nepal Rastra Bank to Issue Rs 20 Billion One-Year Debenture to Absorb Excess Liquidity
The central bank will auction a Rs 20 billion one-year debenture on Monday as part of its liquidity management measures.