Siddhartha Bank Limited (SBL) has released its fourth-quarter report for the fiscal year 2079-80, revealing a steady growth in its Net Profits, increasing by nearly…
Business | Market | Economy
“Promoter Shares of Kumari Bank & Shine Resunga Bank in Auction Today”
Kumari Bank Limited’s current owners are selling 757,699 units of their shares through an auction, starting from the 19th of Shrawan to the 1st…
“Q4 Decline in Net Profits Leads to Decreased EPS for Best Finance (BFC)”
Best Finance Company Limited (BFC) has released its fourth-quarter report for the fiscal year 2079-80, revealing a significant 76.87 percent decrease in its Net Profits…
“Closing Today: National Hydro Power Company 10:5 Rights Offering”
The National Hydro Power Company Limited (NHPC) is concluding the issuance of its ongoing 10:5 ratio right shares today, 18th Shrawan, 2080. The issue was…
“Hathway Investment Nepal Closes 292,500 Unit IPO for Nepalese Employed Abroad”
NHathway Investment Nepal Limited is concluding the issuance of 292,500 unit IPO shares exclusively to Nepalese citizens working abroad today, which falls on the 18th…
“Nepal Oil Corporation Raises Petroleum Prices, LP Gas Sees Reduction”
Recently, Nepal Oil Corporation raised the prices of petrol by Rs 9 and diesel and kerosene by Rs 7 due to increased prices from…
“China’s Economy Grapples with Unprecedented Demand Challenge”
China’s current economic situation is unique compared to past crises in other countries. Despite impressive growth in the last four decades, the country is…
NEPSE in 2079-80: Highlights of the Good and Bad
The stock market plays a vital role in a country’s economy. It helps companies raise money for growth and job creation while offering investment…
“Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”
In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping…
“NIC Asia Capital’s Mutual Funds Show NAV Growth and Increased Profit in Ashad”
NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital, has released its financial highlights for the month…
“Siddhartha Capital’s NAV Report for Ashad”
The scheme started with a total fund of Rs. 1.50 Arba and made various investments. It invested Rs. 1.17 Arba in listed shares and…
“CBFIN Urges Risk Weightage Reduction and Policy Changes in Nepal’s Financial Sector”
In banking and finance, risk weightage is a percentage assigned to assets or loans based on how risky they are. This percentage determines how much…