Year: 2024
Nepal Stock Exchange Sees Modest Recovery with 0.10% Increase Amid Active Trading Session
The Nepal Stock Exchange (NEPSE) Index experienced a modest gain of 2.27 points today, marking a 0.10% rise to close at 2,078.76 points. This follows a previous loss of 18.76 points from the last trading session. The market opened at 2,077.75 points and reached an intraday high of 2,086.85 points. The index hit a low […]
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Mechi Customs Office Surpasses Rs 12.93 Billion in Revenue Collection
Despite a 3.61% decrease in imports compared to the same period last fiscal year, exports have increased by 10.76%, according to Ganapati Kandel, the Public Information Officer at the Mechi Customs Office. Kandel reported that goods worth Rs 40.79 billion were imported through the Kakadbhitta customs point, while exports totaled Rs 22.21 billion. Notable increases […]
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NEPSE Index Drops 18.76 Points Amid Broad Sector Declines
The Nepal Stock Exchange (NEPSE) Index fell by 18.76 points today, marking a 0.89% drop, and closed at 2,076.49 points. This follows a previous session loss of 17.04 points. The trading day started at 2,098.6 points and reached an intraday high of 2,099.02 points. The index dipped to a low of 2,073.91 points before settling […]
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Government Collects Rs 4.85 Billion in Capital Gains Tax from Share Trading
The Nepalese government reported a collection of Rs 4.85 billion in capital gains tax (CGT) from share trading in the secondary market during the first eleven months of the current fiscal year, spanning from mid-July 2023 to mid-June 2024. This data was provided by CDS and Clearing Limited (CDSC). Low investor confidence hampered the stock […]
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NIC Asia Bank Starts Auction of SJLIC Promoter Shares
NIC Asia Bank Limited has begun the auction of 300,000 promoter shares of SuryaJyoti Life Insurance Company Limited (SJLIC) starting today, 4th Ashad, and running until 11th Ashad, 2081. This auction invites bids from qualified interested promoter shareholders, the general public, companies, and institutions. The minimum bid rate is set at Rs. 210, and the […]
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Fine Gold Prices Drop by Rs. 600 Per Tola Amid Market Adjustments
The fine gold market in Nepal has seen a significant price drop of Rs. 600 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. 1,42,200 per tola, down from its previous rate of Rs. 1,42,800 per tola. Similarly, Tejabi […]
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NEPSE Index Falls by 17.04 Points, Closing at 2,095.25
The Nepal Stock Exchange (NEPSE) Index experienced a decline of 17.04 points today, marking a 0.80% decrease to close at 2,095.25 points. This follows a loss of 9.32 points in the previous trading session. The trading day began with the index at 2,116.03 points, hitting an intraday high of 2,117.15 points. The lowest point of […]
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Gold and Silver Prices Surge in Nepal: A Look at Today’s Market Trends
The price of gold in Nepal has surged by Rs. 1,600 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The price of fine gold now stands at Rs. 1,42,800 per tola, up from yesterday’s Rs. 1,41,200 per tola. Tejabi gold prices have also increased, reaching Rs. 1,42,100 per […]
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Bagmati Province Unveils Rs 64.54 Billion Budget for Fiscal Year 2081/82
The Bagmati Province Government has announced a budget of Rs 64.54 billion for the fiscal year 2081/82. Economic Affairs and Planning Minister Jagannath Thapaliya presented the budget at the province assembly meeting on Saturday. The budget includes Rs 26.1 billion for current expenditure and Rs 36.93 billion for capital expenditure, reflecting an increase of Rs […]
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Sikta Irrigation Project Achieves 92% Progress, Budget Boosted for FY 2024/25
The Sikta Irrigation Project, a national pride initiative aimed at providing irrigation facilities to 42,766 hectares of land across six rural municipalities in Kohalpur municipality and Nepalgunj sub-metropolitan city in Banke district, has achieved 92% physical progress in the current fiscal year 2023/24. Despite challenges, the ambitious project continues to make strides toward its objectives. […]
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