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 of Shrawan. The IPO offering commenced on the 4th of Shrawan, 2080. The company’s total issued capital amounts to Rs. 1.17 Arba, with 12.5% (29,25,000 unit shares) being made available […]
Recently, Nepal Oil Corporation raised the prices of petrol by Rs 9 and diesel and kerosene by Rs 7 due to increased prices from India. However, there’s some relief for consumers as the price of LP gas has been reduced by Rs 130 per cylinder. Currently, petrol is priced at Rs 170.50 per liter
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 facing a “recessionary growth” issue rather than a full-blown crisis. The main problem is a chronic lack of demand, even as the economy continues to grow. This is evident in
Today, the price of fine gold (per tola) has dropped by Rs. 600 compared to Tuesday’s trading price. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for fine gold is Rs. 1,12,400 per tola, down from the previous rate of Rs. 1,13,000 per tola.
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 opportunities for people and institutions. The market’s liquidity allows easy buying and selling of shares, indicating economic health and attracting investments. Proper regulation ensures transparency, good governance, and stability, supporting
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 by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting
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 of Ashad. The Net Asset Value (NAV) for the period is Rs. 11.28, showing an increase from Rs. 10.96 a month ago. At the beginning of the scheme, the total
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 Rs. 2.98 crores in public issues, right shares, and bonus shares. Additionally, it invested Rs. 6.54 crore in bonds and debentures and Rs. 12.5 crore in fixed deposits. The scheme
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 capital a bank needs to keep aside as a safety cushion in case of losses. Higher-risk assets get higher risk weightages, meaning more capital needs to be reserved for them.
SEBON (Securities Board of Nepal) Issues Directive to Listed Organizations for Full Compliance with Securities Law. The directive, consisting of four key points, aims to streamline information flow and stresses timely submission of data and details. SEBON observed non-compliance in the past and seeks improved adherence from organized organizations.
