Day: September 19, 2024
Nepal Declares Public Holiday on Constitution Day; NEPSE to Remain Closed
The Government of Nepal has announced a public holiday today, Thursday, Ashwin 3, in celebration of Constitution Day. As a result, the Nepal Stock Exchange (NEPSE) will remain closed, with regular trading set to resume on Sunday, Ashwin 6, 2080, at 11:00 AM. Constitution Day marks the historic promulgation of Nepal’s current constitution by the […]
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Government Revenue Rises by 7.8% in First Two Months of FY 2024/25, Falling Short of Targets
In the first two months of the fiscal year 2024/25, the Government of Nepal collected Rs 166.38 billion in revenue, reflecting a 7.8% increase from the Rs 154.24 billion collected during the same period last fiscal year. While this growth indicates an increase in economic activity, it remains below government expectations. So far, the revenue […]
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NEPSE Index Drops by 0.15%, Closes at 2,576.76 Amid Mixed Sector Performance
CEDB Hydropower Tops Turnover, Kalika Laghubitta Gains 8.08%, Goodwill Finance Falls 6.77% The NEPSE Index continued its decline, dropping 4.00 points, or 0.15%, to close at 2,576.76 in the latest trading session, extending the previous day’s loss of 57.03 points. The session began with the index at 2,584.35 points, reaching an intraday high of 2,606.04 […]
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