Month: July 2023
“Setikhola Hydropower Appoints Kumari Capital as Issue Manager for 60 Lakh Unit Share Float; 20 MW Pokhara Project Set to Operate in 2024”
Setikhola Hydropower has selected Kumari Capital as the issue manager to issue 60 lakh unit ordinary shares to the public investors. The memorandum of understanding (MoU) was signed between the CEO of Kumari Capital, Mr. Puspa Sharma, and the chairman of Setikhola Hydropower, Mr. Anup Acharya, during a program, according to the media statement.
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“NRB Requests Media Convention for Monetary Policy 080-81 Announcement Today”
The Nepal Rastra Bank (NRB) has invited media personnel to attend the announcement of the long-awaited monetary policy 2080-81. The event will be held at 3:00 pm at the Yak and Yeti Hotel in Durbarmarg, with NRB Governor Maha Prasad Adhikari in attendance.
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“Gold Plummets Rs. 1300 in Two Days; Now at Rs. 112,300 Per Tola”
Today, the price of gold in the domestic market has dropped by Rs. 500 per tola. Fine gold is now being traded at Rs. 112,300 per tola, compared to yesterday’s rate of Rs. 112,800 per tola. Tejabi gold is also lower today at Rs. 111,750 per tola, while yesterday it was Rs. 112,250 per tola. […]
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“NEPSE Index Surges 63 Points to Reach 14-Month High, All Sectors Close in Green”
In today’s exciting trading session, the Nepal Stock Exchange (NEPSE) Index had a significant gain of 63.24 points or 2.92% compared to yesterday’s closing. It closed at 2,227.16 points, which is the highest in almost 14 months. The session started at 2,166.47 and reached a peak of 2,228.18 before settling at the closing value. […]
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“Governor Provides Clarification on Monetary Policy 080-81’s Point 106”
The Governor of Nepal Rastra Bank has cleared up any confusion about point 106 of the newly revealed monetary policy. This point pertains to the review of the current risk weightage for share/securities loans, real estate loans, and higher purchase loans disbursement. In simpler terms, the bank is reevaluating how much risk is involved in […]
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Kamana Sewa Bikas Bank unveils new loan schemes with 12.12% interest
Kamana Sewa Bikas Bank has recently introduced new loan schemes with an attractive interest rate of 12.12%. These schemes offer customers the opportunity to access various types of loans, including home loans, MSME loans (Micro, Small, and Medium Enterprises), and EV loans (Electric Vehicle loans), all at a reduced interest rate compared to standard loan […]
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NEPSE Concludes The Week With 3.79% Gain and Turnover of Rs 14.88. Arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More
During the past week, the NEPSE index experienced significant gains, closing at 2,263.92 after an impressive rise of 78.99 points, equivalent to 3.79%. The previous week had also seen a positive performance, with the index closing at 2,084.93 and recording a gain of 1.73% from the week before that. Throughout the week, the index displayed […]
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“Gold Sets New Record at Rs. 1,13,600 per Tola in Nepal, Silver Price Also on the Rise”
Gold has reached a new record high in Nepal, with the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reporting that it is being traded at Rs. 1 lakh 13 thousand 600 per tola. This represents an increase of Rs. 500 compared to the previous day’s price. Just a day before, on Jestha 19, […]
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“Significant Decline in Real Estate Transactions in Nepal during FY 2079/80, Delay in Opening Land Allotment Impacts Economy”
In the last financial year 2079/80, there was a significant decrease in real estate transactions, according to data from the Department of Land Management and Archive. The purchase and sale of land dropped by approximately 38%, resulting in a decrease in the number of processed documents for real estate transactions. In the financial year 2078/79, […]
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NEPSE Sees Single-Digit Loss to Settle at 2,163.92 Levels; Market Capitalization At Rs. 3.17 Trillion
The NEPSE index concluded today’s trading session at 2,163.92, experiencing a slight loss of 1.31 points compared to the previous day’s closing. This translates to a minimal decrease of 0.06% on the index. In contrast, the index had gained 11.17 points in the preceding trading session. Throughout the day, a total of 264 scrips were […]
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