Business News
LS Horizon 12 Mutual Fund Scheme Closes Today Due to Oversubscription
Laxmi Sunrise Capital is closing the issue for its 12-year closed-ended 'LS Horizon 12' mutual fund scheme today, following an overwhelming response from investors.
Nepal Insurance Company Named Top General Insurer of 2026
Nepal Insurance Company Ltd. has been honored as the “Best Managed General Insurance Company 2026” at the prestigious NewBiz Conclave and Business Excellence Awards.
Nepal Insurance Authority Suspends Himalayan Re’s New Business Operations
The Nepal Insurance Authority (NIA) has issued a directive prohibiting Himalayan Reinsurance Limited from underwriting new business until the end of the current fiscal year, following an ongoing investigation into alleged financial irregularities.
Jalpadevi Cable Car Set to Launch Within Two Months; Expected to Boost Sudurpashchim Tourism
IME Group’s Jalpadevi Cable Car project in Kailali is nearing completion, with official operations expected to commence within two months to enhance regional tourism infrastructure.
Prabhu Mahalaxmi Life Insurance Rating Reaffirmed at [ICRANP-IR] BBB
ICRA Nepal reaffirms BBB- rating for Prabhu Mahalaxmi Life, citing strong 28.89% net premium growth and a robust claim settlement ratio.
Finance Minister Shuts Down Rumors of Secret 'Hit List' to Arrest Businessmen
Finance Minister Dr. Swarnim Wagle has dismissed rumors of a government crackdown on the private sector, identifying businessmen as essential partners in building a $100 billion economy.
Massive Fraud Exposed: Two More Arrested in Plot to Illegally Auction State-Owned Telecom Assets!
Nepal Police have arrested two individuals for attempting to illegally auction assets of Smart Telecom that are currently under government control. The suspects face charges of fraud and criminal breach of trust related to the unauthorized disposal of state property.
Gold Prices Skyrocket: Massive NPR 3,800 Surge Hits the Market in Just One Week!
The price of gold in Nepal increased by NPR 3,800 per tola over the past week, reaching nearly NPR 300,000 despite significant mid-week fluctuations.
Gold and Silver Prices Skyrocket as Market Witnesses Another Massive Surge!
Precious metal prices continue their upward trend in Nepal, with gold rising by Rs 1,800 and silver by Rs 100 per tola on Thursday.
From Local Snacks to Global Empires: The Unstoppable Rise of Nepal’s Multi-Billion Rupee Noodle Industry!
Nepal has emerged as the world's fourth-largest per-capita consumer of instant noodles, transforming a simple snack into a dominant economic force that supports over 100,000 jobs.
Samsung Joins Elite $1 Trillion Club: Shares Skyrocket 400% in a Single Year!
Samsung Electronics has surpassed a $1 trillion market capitalization, becoming the second Asian company to reach the milestone following a massive surge in AI chip demand.
Massive Push to Clear Backlog: 1.7 Million New QR-Enabled Smart Driving Licenses Enter Production!
The Security Printing Center has begun printing 1.7 million additional smart driving licenses following a new agreement with the Department of Transport Management.