Latest NEPSE and Share Market News - Page 7
Nepal Rastra Bank to Withdraw Rs 150 Billion to Manage Excess Liquidity
Nepal Rastra Bank (NRB) will absorb Rs 150 billion from the banking system through its deposit collection instrument on Thursday to manage excess liquidity. The eight-day deposit collection will have its interest rate determined through a competitive bidding process.
SEBON Classifies 117 IPO Applications into Six Stages, Rs 71.42 Billion in Pipeline
The Securities Board of Nepal (SEBON) has classified IPO applications from 117 companies into six procedural stages for the first time. The applications represent more than Rs 71.42 billion, with two companies reaching the final review stage and 10 undergoing the fifth-stage review.
Spain Train Collision Kills 68, Dozens Injured in Deadly Rail Disaster
At least 68 people have died and dozens more have been injured after two high-speed trains collided in central Spain on Wednesday morning. The crash sent several carriages off the tracks and raised initial concerns over a computer system failure and possible human error.
Gold Price Rises by Rs 300, Silver Drops by Rs 50 per Tola in Nepal
Gold prices increased by Rs 300 per tola in the Nepali market on Thursday, while silver prices declined by Rs 50 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.
Nepal Calls for Space Technology to Tackle Climate Disasters in the Himalayas
Energy Minister Biraj Shrestha has stressed the need for satellite monitoring, regional cooperation and stronger early warning systems to address climate-induced disasters in the Himalayan region, warning that their impacts can extend hundreds of kilometres downstream.
Good News for Kathmandu Valley Residents: Citizenship Copies Now Available Without Visiting Home Districts
Residents of the Kathmandu Valley originally from other districts can now obtain duplicate copies of their citizenship certificates from designated district administration offices within the Valley, subject to biometric verification and digital record matching.
Birgunj Customs Office Exceeds Monthly Revenue Target, Collects Rs 26.73 Billion
Birgunj Customs Office collected Rs 26.73 billion in revenue in Ashoj, surpassing its monthly target by 1.02 percent, although its cumulative collection for the first three months of the fiscal year remained below target.
Anthropic Files for IPO, Eyes Potential $100 Billion Fundraising
Anthropic, the developer of Claude AI, has filed for an Initial Public Offering (IPO) in the United States, seeking a Nasdaq listing under the ticker symbol “ANT.” Reports suggest the offering could raise up to $100 billion at a valuation of $1.5 trillion to $2 trillion, potentially setting a new record for the world’s largest IPO.
Snow Rivers Appoints Rajan Babu Pant as Board Director
Snow Rivers Limited has appointed shareholder Rajan Babu Pant as a director to fill the vacancy left by former director Mohan Bikram Karki, who resigned from the position.
NEA Issues Weather Alert as Heavy Rainfall Threatens Power Infrastructure
Nepal Electricity Authority (NEA) has urged the public to remain alert as moderate to heavy rainfall is forecast in various parts of the country on Kartik 13 and 14, with potential risks of floods, landslides, lightning and power disruptions.
Him Parbat Hydropower IPO Opens Today for Project-Affected Locals and Nepalis Abroad
Him Parbat Hydropower Limited has opened its IPO for project-affected local residents of Dolakha and Nepalis working abroad, offering shares at a face value of Rs. 100 per share.
NEPSE Adjusts Share Prices of Manjushree Finance and Barun Hydropower
Nepal Stock Exchange (NEPSE) has adjusted the share prices of Manjushree Finance (MFIL) and Barun Hydropower (BARUN) following their book closures for bonus share distribution.