Articles & Updates
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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Nepal’s Gold and Silver Prices Decline Further
The gold and silver market in Nepal has experienced a further decline in prices, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is currently valued at Rs. 1,41,200 per tola, marking a decrease of Rs. 400 from its previous rate of Rs. 1,41,600 per tola. […]
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Nepal Increases Tax Exemption Limit for Pension Fund Contributions
The government of Nepal has increased the exemption limit for taxable income contributed to pension funds through an amendment to the income tax regulations, unveiled on Wednesday. The ceiling for income tax exemption on annual contributions to pension funds has been raised from Rs. 300,000 to Rs. 500,000. Pension funds include schemes managed by the […]
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Citizen Investment Trust Proposes 14.7368% Dividend for FY 2079/80
Citizen Investment Trust (CIT) has proposed a 14.7368% dividend for the fiscal year 2079/80, subject to necessary approvals. The meeting of the board of directors, held on Jestha 32, decided to distribute a 14% bonus share and a 0.7368% cash dividend (for tax purposes). The proposed dividend distribution is contingent upon approval from the Ministry […]
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NEPSE Index Rises by 6.37 Points to Close at 2,121.62
The Nepal Stock Exchange (NEPSE) Index recorded a gain of 6.37 points today, climbing by 0.30% to close at 2,121.62 points. This follows an increase of 33.15 points in the previous trading session, indicating a positive trend in the market. Today’s trading session began with the NEPSE Index at 2,116.91 points. Throughout the day, the […]
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