Latest News
NRN Development Fund Clears Path for Rs. 8.5 Billion IPO
The NRN Development Fund has cleared a major regulatory hurdle to launch an IPO worth approximately Rs. 8.5 billion, with 85% of its total capital to be raised from Non-Resident Nepalis (NRNs). The move marks a significant new development for Nepal’s capital market and aims to channel diaspora capital into productive sectors of the Nepali economy.
Eight Apply for NEPSE CEO Position
A total of eight candidates have applied for the vacant Chief Executive Officer (CEO) position at the Nepal Stock Exchange (NEPSE). The selection committee will now evaluate their business plans before shortlisting candidates for presentations and interviews.
Sarbottam Paints IPO Listed on NEPSE
Sarbottam Paints Industries Limited (SAPIL) has been listed on the Nepal Stock Exchange (NEPSE), with 3.4 million shares now available for trading. The company’s first trading session will begin with an opening range of Rs. 100 to Rs. 300.
Gas Shortage Reported in Tanahun as Administration Steps Up Supply Coordination
A cooking gas shortage has been reported in several parts of Tanahun, prompting the District Administration Office to intensify coordination with gas industries, dealers, and federal authorities to increase supplies and ensure consumers have easier access to LPG.
NEPSE Edges Up 0.79 Points as Market Remains Nearly Flat
Nepal’s stock market ended marginally higher on Tuesday, with the NEPSE index gaining 0.79 points to 2,641.85 amid moderate trading activity.
Veteran Investor Chhotelal Rauniyar Proposes 15-Point Reform Agenda for Nepal’s Capital Market
Former Nepal Investors Forum Chairman and veteran investor Chhotelal Rauniyar has submitted 15 recommendations to SEBON, calling for lower capital gains tax, market modernization, easier investment access and stronger investor protection.
Transport Entrepreneurs Seek Tax Relief for EV Parts, Propose Accident Relief Fund
The National Federation of Nepal Transport Entrepreneurs has urged the government to provide customs duty exemptions on electric vehicle parts and introduce measures to promote environmentally friendly transportation.
Nepal Moves Toward Digital Rupee, Legal Reforms and Pilot Testing Underway
Nepal is preparing to introduce a central bank digital currency (CBDC), with legal reforms, regulatory frameworks and controlled pilot testing being considered before the digital rupee is rolled out to the public.
Nepal Rastra Bank Tightens Rules for Hire Purchase Finance Companies
Nepal Rastra Bank has introduced stricter regulatory provisions for hire purchase finance companies, including a minimum paid-up capital of Rs. 300 million, lending limits, interest rate controls and stronger corporate governance requirements.
Egg Prices Rise as Demand Surges, Support Prices Increased
The Nepal Layers Poultry Farmers Association has raised the support prices of eggs following a rise in market demand and a decline in production after bird flu outbreaks and poultry deaths.
SEBON Chief Pledges Market Reforms, Short Selling and New Securities Act Amid NEPSE Decline
With the NEPSE index falling to around 2,650 and nearly 18% below its record high of 3,227, SEBON Chairman Dr. Gopal Bhatt has pledged stronger market reforms, investor protection, short selling and intraday trading mechanisms.
US-Iran Talks Stall, Oil Prices Rise as Global Markets Face Fresh Inflation Risks
Crude oil prices climbed after peace talks between the US and Iran over a ceasefire and the reopening of the Strait of Hormuz ended without a breakthrough, while Asian stock markets remained subdued amid persistent inflation uncertainty.