Year: 2024
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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Fine Gold Prices Drop by Rs. 2,400 Per Tola
The fine gold market has seen a notable decrease, with prices falling by Rs. 2,400 per tola. According to the latest update from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now priced at Rs. 145,000 per tola, down from the previous rate of Rs. 147,400 per tola. Tejabi gold […]
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NEPSE Index Soars by 143.79 Points to Close at 2,568.11
The NEPSE Index closed at 2,568.11 this week, gaining 143.79 points (5.93%). Last week, the index closed at 2,424.32, marking a 9.97% increase from the previous week. This week, the index fluctuated between a high of 2,600.41 and a low of 2,408.25, showing a volatility of 229.44 points compared to 192.3 points last week. The […]
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NEPSE Index Rises by 32 Points to Close at 2,568.11
The Nepal Stock Exchange (NEPSE) Index closed at 2,568.11 points, up by 32 points or 1.26% from the previous day’s close. This gain comes after a loss of 27.32 points recorded yesterday. The trading session began with the index opening at 2,540.14 points. It hit an intraday low of 2,518.47 points and an intraday high […]
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NIFRA Reports Dip in Q4 Profits for Fiscal Year 2080/81
Nepal Infrastructure Bank Limited (NIFRA) has announced its fourth-quarter financial results for the fiscal year 2080/81, revealing a 5.98% decline in net profit. The bank’s net profit fell to Rs. 1.33 Arba, down from Rs. 1.41 Arba in the same quarter of the previous year. Despite the drop in profits, NIFRA’s financial foundation remains strong, […]
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