Month: April 2024

Devastating Fire at Bharat Furniture: A Costly Setback for the Industry 9
Business | Market | Economy

Devastating Fire at Bharat Furniture: A Costly Setback for the Industry

A devastating fire broke out at Bharat Furniture, located in Matihani-8 of the district, causing extensive damage estimated at over Rs 3.5 million. Owned by Dukhmochan Thakur, the furniture industry fell victim to the blaze, which ignited around 10:00 pm on Monday, as reported by the District Police Office, Mahottari. The inferno swiftly engulfed the […]

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Extraordinary Surge: Gold Prices Reach All-Time Highs in Nepal 11
Gold | Silver | Forex

Extraordinary Surge: Gold Prices Reach All-Time Highs in Nepal

Recently, the gold market in Nepal has experienced an unprecedented surge, reaching a new all-time high on April 9, 2024. The Federation of Nepal Gold and Silver Traders’ Association reported a notable increase of Rs. 100, pushing the price of fine gold to an exceptional rate of Rs. 1,36,300 per tola, up from its previous […]

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Global IME Ltd. Debenture Delisting: Implications and Refund Process 13
Business | Market | Economy

Global IME Ltd. Debenture Delisting: Implications and Refund Process

In a significant development, 1,500,000 units of the “10.25% Global IME Ltd. Debenture 2080/81” have been removed from trading on the Nepal Stock Exchange (NEPSE). This move holds implications for investors and marks the culmination of the debenture’s tenure. The “10.25% Global IME Ltd. Debenture 2080/81” reached its maturity date in Chaitra, 2080, offering a […]

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NEPSE Index Update: Insights into Nepalā€™s Stock Market Movement
NEPSE NEWS

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 […]

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