Liberty Micro Life Insurance to Launch Public Share Offering
Liberty Micro Life Insurance Limited is preparing to offer 2,250,000 ordinary shares to the public at Rs. 100 per share, aiming to collect a total of Rs. 225,000,000. The public share issue is being organized in collaboration with Nepal SBI Merchant Banking Ltd and RBB Mutual Fund 1, creating a major opportunity for investors looking […]
Global IME Bank Proposes 5.5% Dividend for FY 2080/81
Global IME Bank Limited (GBIME) has proposed a 5.5% dividend for its shareholders for the fiscal year 2080/81. This decision was made during the 446th board meeting held on Ashwin 21. The proposed dividend includes 5.5% bonus shares, which will be distributed based on the bank’s paid-up capital of Rs. 36.12 Arba. The distribution of […]
Global IME Bank Launches Festival Cashback Offer with NEPALPAY QR
Global IME Bank, in collaboration with Nepal Clearing House Limited (NCHL) and KK Mart, has launched an exciting limited-time cashback offer for the upcoming festival season. From October 4 to October 16, 2024 (18th to 30th Ashoj), users of GlobalSmart+ and connectIPS can enjoy a 10% cashback, up to Rs. 100, when they make payments […]
NEPSE Index Gains 4.85 Points to Close at 2,668.17 Amid Mixed Trading Day
In today’s trading session, the Nepal Stock Exchange (NEPSE) Index saw a modest rise, closing at 2,668.17 points. This marks a gain of 4.85 points, or 0.18%, from the previous trading day, after experiencing a significant loss of 27.39 points in the prior session. The index opened at 2,661.8 points, hitting an intraday low of […]
Citizens Bank International Announces 18th AGM with Dividend and Charter Amendments
Citizens Bank International Limited (CZBIL) has scheduled its 18th Annual General Meeting (AGM) for 12th Kartik, 2081. The meeting will be held at Amritbhog, Kalikasthan, Kathmandu, and will commence at 9:00 AM. One of the key highlights of the AGM agenda is the endorsement of a 4.21% dividend for the fiscal year 2080/81. The Board […]
AHPC Initiates Auction for Unclaimed Right Shares
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
Prabhu Insurance Company Endorse 5% Dividend for FY 2079/80
Prabhu Insurance Company Limited (PRIN) has announced its 28th Annual General Meeting (AGM) scheduled for the 20th of Baishakh, 2081. The AGM will convene at the Prabhu Complex in Tinkune, Kathmandu, commencing at 10 am on the designated day. Among the key agendas on the table, the AGM will endorse a 5% dividend for the […]
GBBL Urges Shareholders to Collect Uncollected Dividends: Important Notice for Investors
Garima Bikas Bank Limited (GBBL), formerly known as Subhechha Bikas Bank Limited, Nilgiri Bikas Bank Limited, and Sahara Bikas Bank Limited, has issued a notice urging its shareholders to collect unclaimed dividends. According to the notice, some investors have yet to collect dividends for the fiscal year 2074/75. These dividends were due in the fiscal […]
NEPSE Index Update: Insights into Nepal’s Stock Market Movement
The Nepal Stock Exchange (NEPSE) Index exhibited a positive trajectory, recording a gain of 0.45% or 9.19 points, closing at 2,036.01 points by the end of today’s trading session. This follows a notable increase of 22.75 points in the previous session, indicating a dynamic market environment. Opening at 2,035.2 points, the trading day was […]
Mandakini Hydropower Limited Lists Bonus Shares on NEPSE Following AGM Dividend Decision
Mandakini Hydropower Limited (MHL) has recently listed 2,79,317.53 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 10th Annual General Meeting (AGM), which took place on Poush 29, 2080, where a 5% dividend for the fiscal year 2079/80 was endorsed. During a board of directors meeting held on the 29th of […]
Can I open a verified Paypal account in Nepal?
Paypal is not available in Nepal. Now that the government have given permission to several banks to issue dollar cards to Nepali citizens, Paypal might start looking at supporting Nepali market as well. However, being a small country, a tiny market for Paypal and strict NRB policies, it could not be possible anytime soon. Popular […]
Is bitcoin banned in Nepal?
Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal. The central bank of Nepal, Nepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal. A few highlights on the ban: Laws of Nepal: The […]
What is Domaining? How to Begin a Domain Name Business
For those who are unfamiliar with the domaining business, it entails buying, selling, developing, and monetizing domain names. It is, in fact, a BIG business with the potential to earn you a million dollars. You may not believe me, but when you consider that AsSeenOnTv.com was sold for $5.1 million, Autos.com was sold for $2.2 […]
Is cryptocurrency legal in Nepal?
So far, cryptocurrencies are illegal in a few countries, whereas the rest of the world either sees it as fitting to utilise these ‘monies’, or keeps them in a grey area of financial law. Similarly, though most countries in the world do not criminalise cryptocurrencies, they have yet to define their usage as monies or […]
Lockdown Online Job Opportunities: How to Earn Money Online during Lockdown
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return […]
Cryptocurrency prices are rising, with Ripple rising by 18%.
Since Tuesday morning, the cryptocurrency market, which had been dropping for more than two weeks, has started rising. As a result, the values of the market’s leading cryptocurrencies have surged dramatically in the last 24 hours. According to Crypto.com, the price of Bitcoin has gained 8.24 percent in the previous 24 hours to USD 37,304, […]
Navigating the Nepal Stock Exchange (NEPSE): A Comprehensive Guide
The Nepal Stock Exchange (NEPSE) is a crucial financial institution that plays a pivotal role in Nepal’s economic development. As the primary stock market in the country, NEPSE facilitates the trading of stocks and securities, making it an essential platform for investors and businesses. In this comprehensive guide, we will explore various aspects of NEPSE, […]
TU Registration Card Lost – How can I get a new one?
If you have the registration number, visit the TU office in Balkhu, Fill out a form Pay NPR 200 Submit the form with the supporting docs (any other docs with the reg number written on it) Wait for 5/10 minutes The office will issue you a new TU registration card. Popular Tags: at, sit, be, […]
How to Renew Driving License in Nepal
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]
How to check NTC ADSL balance
Use the following method via SMS to check your ADSL balance or offer validity. Service Purpose Code Method ADSL ADSL Offer Validity VL*NTADSL01488xxxx to 1415 SMS ADSL ADSL Balance Inquiry BL*NTADSL01488xxxx to 1415 SMS Popular Tags: SMS, NTA, code, to, nepal telecom Highlights: How to transfer balance in NTC How to Renew Driving License in […]
How to check landline bill (Nepal Telecom)
There are two ways to check landline bill on Nepal Telecom (NTC). You can dial 1606 and follow IVR You can Type CB*[e.g CB*014000000] and send SMS to 1415. You can also refer to Nepal Telecom website for further details. Popular Tags: also, a, sit, on, Website Highlights: How to Renew Driving License in Nepal […]
How to transfer balance in NTC
If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast […]