Latest Articles
NEPSE Index Gains 5.60 Points, Closing at 2,071.77 Points
The Nepal Stock Exchange (NEPSE) Index saw a rise of 5.60 points today, marking an increase of 0.27% to close at 2,071.77 points. This follows a previous gain of 3.21 points. The day began with the index at 2,067.32 points, hitting an intraday high of 2,077.63 points, and a low of 2,067.03 points before settling […]
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Promoter Shares of Multiple Companies Up for Auction in Nepal
NIC Asia Bank Limited (NICA) is auctioning 50,000 units of promoter shares of Citizen Investment Trust (CIT) from 11th Ashadh to 18th Ashadh, 2081. Qualified investors can participate in the auction with a minimum bid rate of Rs. 739 and a minimum bid quantity of 10,000 units. Bids must be submitted at the bank’s central […]
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Kathmandu Unveils Rs 25.70 Billion Budget for 2024/25
The Kathmandu Metropolitan City (KMC) has announced a budget of Rs 25.70 billion for the fiscal year 2024/25. Deputy Mayor Sunita Dangol presented the budget during the 15th municipal assembly meeting, noting a reduction of Rs 170 million from the previous year. The budget allocates Rs 14.81 billion (61.20 percent) for infrastructure development, Rs 3.49 […]
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Citizen Investment Trust Announces 29th AGM with Attractive Dividend
Citizen Investment Trust (CIT) is set to host its 29th Annual General Meeting (AGM) on 31st Ashadh, 2081, at the Tribhuwan Army Club in Bhadrakali, Kathmandu. The meeting will commence at 11:00 am. A key highlight of the AGM will be the endorsement of a 14.7368% dividend for the fiscal year 2079/80. The Board of […]
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Gold Prices Surge by Rs. 300 per Tola
The price of gold has risen by Rs. 300 per tola today, reflecting a significant increase compared to yesterday’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold is now Rs. 1,42,300 per tola, up from Rs. 1,42,000 per tola the previous day. Similarly, the […]
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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 […]
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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 […]
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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, […]
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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 […]
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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 […]
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