Year: 2024
SEBON Approves Rights Offering for Himalaya Urja Bikas
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of Himalaya Urja Bikas Company Limited (HURJA) on Ashadh 7, 2081. The company will issue 100% right shares worth Rs. 99 crore through the distribution of 9,900,000 (1:1) units of right shares to its existing shareholders. The current paid-up capital of HURJA stands […]
Read More
NEPSE Index Drops by 5.37 Points
The Nepal Stock Exchange (NEPSE) Index witnessed a decline of 5.37 points today, a decrease of 0.25%, closing at 2,062.94 points. This follows a loss of 10.44 points in the previous trading session. The trading day commenced with the index at 2,068.71 points, reaching an intraday high of 2,079.76 points. The index experienced a low […]
Read More
Fine Gold Prices Drop by Rs. 2,700 per Tola
The fine gold market has recently experienced a significant adjustment, with prices declining by Rs. 2,700 per tola. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now valued at Rs. 1,42,000 per tola, down from its previous rate of Rs. 1,44,700 per tola. Similarly, […]
Read More
Rasuwa Customs Collects Rs 585.5 Million in Fines for Duty Evasion
Rasuwa Customs Office has collected Rs 585.5 million in fines from traders who tried to dodge customs duties by underreporting imported goods from China. Chief Customs Officer Ram Prasad Pathak shared that this amount was gathered over the past 11 months of the current fiscal year. Officer Pathak stated that goods worth Rs 59.7875 billion […]
Read More
Gold Prices Surge by Rs. 1,900 per Tola in Nepal
The price of the highly sought-after yellow metal has surged by Rs. 1,900 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 stands at Rs. 1,44,700 per tola, a notable rise from yesterday’s Rs. 1,42,800 per tola. Similarly, Tejabi […]
Read More
US Dollar Reaches New High in Nepal
The value of the US dollar has hit a new high in Nepal. On Friday, Nepal Rastra Bank (NRB) set the selling price of the US dollar at Rs 134.15, surpassing the previous record of Rs 134.1 set on Jestha 30. The buying price for the general public is fixed at Rs 133.55. The US […]
Read More
Nepal’s Revenue Collection Increases by 11.3%
The Inland Revenue Department (IRD) has reported a notable increase in revenue collection over the past few months. According to IRD statistics, revenue collection reached Rs 41.19 billion by June 14 of the current fiscal year, up from Rs 37 billion during the same period last fiscal year, marking an 11.30 percent increase. In the […]
Read More
Auction for Kumari Bank Promoter Shares Ends Today
Prudential Capital Management Company Limited is currently overseeing an auction for the promoter shares of Kumari Bank Limited (KBL), which began on 32nd Jestha, 2081, and concludes today, 7th Ashad, 2081. A total of 2,00,000 units of promoter shares are up for auction. Interested individuals and institutions can place their bids for these shares. The […]
Read More
Gold Price Rises by Rs. 600 per Tola in Nepal
The price of gold has increased by Rs. 600 per tola today compared to yesterday’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold is now Rs. 1,42,800 per tola, up from Rs. 1,42,200 per tola. Tejabi gold also saw a rise, now priced at Rs. […]
Read More
Guheswori Merchant Banking & Finance Approves Rs. 26 Crore Debenture Issuance
In compliance with directives from Nepal Rastra Bank and the Act on Banks and Financial Institutions, the Board of Directors of Guheswori Merchant Banking & Finance Limited (GMFIL) made a significant decision during their meeting on 5th Ashadh 2081. The board approved the issuance of debentures worth Rs. 26 crores. Each debenture will be priced […]
Read More