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Premium IPO: Shree Airlines to Offer Shares at Rs. 200 Amid India Expansion Plans
Shree Airlines plans to launch international flights to India within three months and is preparing an IPO priced at Rs. 200 per share.
Supreme Court Rejects Filing for Rabi Lamichhane’s Parliamentary Suspension
The Supreme Court refused to register a writ petition seeking the suspension of RSP President Rabi Lamichhane over an ongoing money laundering case.
NEPSE Pre-Open Update: Index Edges Up by Nearly 3 Points
The NEPSE index gained 2.92 points in Wednesday's pre-open session, reaching 2810.04 following a previous double-digit loss.
Gold and Silver Prices Drop in Domestic Market
Gold prices in Nepal fell by Rs 800 per tola on Wednesday, April 22 (Baishakh 9), while silver saw a decline of Rs 30 per tola. According to the Federation of Nepal Gold and Silver Dealers' Association, gold is now trading at Rs 300,500 per tola.
Monetary Management: NRB Opens Bidding for NPR 40 Arba Deposit Collection
To manage the excess liquidity in the banking system, Nepal Rastra Bank (NRB) is set to withdraw NPR 40 billion through a deposit collection instrument for a period of 160 days. The central bank is utilizing this tool as loan demand remains sluggish despite high deposit levels.
A Fragile Peace: Trump Grants Indefinite Ceasefire Extension Amid Iranian Leadership Shifts
US President Donald Trump announced on Tuesday that he will extend the two-week ceasefire with Iran, which was scheduled to expire Wednesday night. However, Trump clarified that the naval blockade and military sanctions against Iran will remain in full force despite the pause in active combat.
Manjushree Finance Reports Strong Q3 Growth; Net Profit Hits NPR 21.89 Crore
Manjushree Finance (MFIL) has reported a significant 27.93% increase in net profit, reaching NPR 218.9 million for the third quarter of the current fiscal year. The finance company also posted a robust distributable profit of NPR 305.4 million, with an earnings per share (EPS) of NPR 21.60.
IPO Alert: Sarvottam Paints Industries Announces Opening Date for Foreign Employment Category
Sarvottam Paints Industries Limited is opening its Initial Public Offering (IPO) on May 4, 2026 (Baishakh 21), specifically targeting Nepali citizens currently employed abroad. Eligible investors can apply for a minimum of 10 shares and a maximum of 5,000 shares.
Himalayan Re-Insurance Limited Reconstitutes Board Following Four Resignations
HRL has appointed Dipak Kumar Mishra and Ashish Chandra Neupane to its Board of Directors to fill vacancies left by the resignations of four high-level members.
Tim Cook Retires as CEO: Hardware Chief John Ternus to Lead Apple into New Decade
Tim Cook will transition to Executive Chairman on September 1, 2026, with Hardware Engineering head John Ternus becoming Apple's new CEO.
Mahalaxmi Bikas Bank Partners with UnionPay and Fonepay to Expand QR Network
Mahalaxmi Bikas Bank now enables UnionPay QR payments across its network, simplifying digital transactions for international tourists and local merchants.
Snow Rivers IPO Allotment Concludes: Snow Rivers Distributes 9.37 Lakh Shares to Project-Affected Locals
Snow Rivers Limited allotted 937,500 units to project-affected locals yesterday, with 2,434 applicants receiving at least 170 units each.