Month: July 2024
NEPSE Index Surges by 2.38% to Close at 2,760.90 Points
The Nepal Stock Exchange (NEPSE) Index closed at 2,760.90 points today, marking a significant gain of 64.25 points or 2.38% from the previous day’s close. This follows an increase of 35.55 points in the previous session, pushing the index past the 2,700 mark. The trading day started with the index opening at 2,708.25 points. Throughout […]
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Dhangadhi Transport Office Reports Record Revenue of Rs 653.1 Million
The Dhangadhi Office of Transport Management has reported a record revenue collection of Rs 653.1 million for the fiscal year 2080/81 BS. This marks an increase from the Rs 639.4 million collected in the previous fiscal year. Acting Chief Narendra Shah stated that the highest revenue source was vehicle tax, contributing nearly Rs 498 million. […]
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Gold Prices Surge by Rs. 1,800 Per Tola in Nepal
The price of gold in Nepal has surged by Rs. 1,800 per tola today, compared to yesterday’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold is Rs. 1,47,800 per tola, marking a significant increase from the previous day’s Rs. 1,46,000 per tola. Tejabi gold […]
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NEPSE Index Closes Higher, Driven by Gains in Hotel and Tourism Sector
The Nepal Stock Exchange (NEPSE) Index surged to 2,696.65 points today, marking a significant rise of 35.55 points, or 1.33%, from yesterday’s close. This increase comes after a previous session that saw a drop of 20.46 points. The trading day began with the index opening at 2,669.41 points. During the session, it dipped to an […]
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Suryodaya Womi Laghubitta’s FPO Allotment Set for Shrawan 16
The FPO allotment for Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) is scheduled for Wednesday, Shrawan 16, 2081. The allotment event will take place at Kumari Capital Limited’s premises in Nagpokhari, Kathmandu, starting at 8:00 AM. As per the Banks and Financial Institutions Act of 2073 and the NRB regulations, at least 30% of the […]
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LS Capital Mutual Funds Announce Dividends for FY 2080/81
LS Capital Limited has announced the dividend payouts for three of its mutual fund schemes for the fiscal year 2080/81. The decision was made during the 144th board meeting held on Shrawan 14. Shubha Laxmi Kosh (SLK) will distribute a 7.5% return to its unitholders. Laxmi Value Fund 2 (LVF2) will give a 4.5% cash […]
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NEPSE Index Drops by 20.46 Points, Shivam Cements Leads in Turnover
The Nepal Stock Exchange (NEPSE) Index closed at 2,661.09 points today, marking a decline of 20.46 points, or 0.76%, from the previous trading day’s close. This comes after a session of significant positive movement, where the index gained 113.42 points. The trading day started with the index opening at 2,706.73 points. During the session, the […]
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Gold Price Rises by Rs. 400 per Tola
The price of gold has risen by Rs. 400 per tola today compared to the previous day’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold is Rs. 1,46,100 per tola, up from Rs. 1,45,700 per tola yesterday. Similarly, the price of Tejabi gold has […]
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Business Closures in Dang Balanced by New Registrations in Fiscal Year 2080-81
In the fiscal year 2080-81 BS, 877 commercial firms in Dang shut down due to high operating costs. Interestingly, the number of business closures matched the number of new business registrations in the district. The Cottage and Small Industries Office in Dang registered new enterprises across various sectors, including manufacturing, agriculture, forestry, energy, minerals, construction, […]
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Nepal Sees Rs 61.78 Billion in FDI Commitments in FY 2023/24
In the fiscal year 2023/24, Nepal attracted a total foreign direct investment (FDI) commitment of Rs 61.78 billion from 402 foreign firms, as per the Department of Industry’s (DoI) annual progress report. These foreign firms accounted for 92.6 percent of the total firms registered last year, with promises to generate employment for 19,565 individuals. This […]
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