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Articles & Updates

Ghalemdi Hydro Allots Right Shares, Subscription Reaches 70.75% 1
January 11, 2024

Ghalemdi Hydro Allots Right Shares, Subscription Reaches 70.75%

Business | Market | Economy, IPO | FPO

Ghalemdi Hydro Limited (GHL) recently allocated its right shares at a 1:2 ratio on the 25th of Poush. The shares were distributed to applicants, and…

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Gold Prices Drop by Rs. 1,000 in 3 Days in Nepal 3
January 10, 2024

Gold Prices Drop by Rs. 1,000 in 3 Days in Nepal

Gold | Silver | Forex

Over the span of three days, the price of gold in Nepal has observed a notable decline, amounting to Rs. 1,000 per tola. The Federation…

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Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares 5
January 10, 2024

Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares

Dividend, Business | Market | Economy

Upper Tamakoshi Hydropower Limited (UPPER) is currently conducting an auction for its unclaimed right shares, which commenced on the 13th of Poush and is scheduled…

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Machhapuchchhre Bank Limited Promoter Initiates Auction of Significant Shares 7
January 10, 2024

Machhapuchchhre Bank Limited Promoter Initiates Auction of Significant Shares

Business | Market | Economy

The current promoter of Machhapuchchhre Bank Limited (MBL) has initiated the auction of 1,12,32,492 units of shares, commencing today. Surendra Mahato, the promoter, is set…

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Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager 9
January 9, 2024

Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager

Business | Market | Economy

Vishal Group Limited has initiated the auction of 15,00,000 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction, which commenced today…

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Gold Prices in Nepalese Market Dip by Rs. 200 per Tola Today 11
January 9, 2024

Gold Prices in Nepalese Market Dip by Rs. 200 per Tola Today

Gold | Silver | Forex

The price of gold witnessed a decrease of Rs. 200 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA)….

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NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project 13
January 9, 2024

NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project

Business | Market | Economy

NMB Bank and the Hydroelectricity Investment and Development (HIDCL) Company have jointly committed a substantial investment of 7.40 Arba rupees towards the Upper Modi A…

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Gold Prices in Nepal Decline by Rs. 700 per Tola, Silver Sees a Decrease of Rs. 5 15
January 8, 2024

Gold Prices in Nepal Decline by Rs. 700 per Tola, Silver Sees a Decrease of Rs. 5

Gold | Silver | Forex

The price of gold witnessed a decline of Rs. 700 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA)….

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Closure and Distribution: NIBL Pragati Fund Nearing Maturity on Poush 26, 2080 17
January 8, 2024

Closure and Distribution: NIBL Pragati Fund Nearing Maturity on Poush 26, 2080

Business | Market | Economy

The NIBL Pragati Fund (NIBLPF), a closed-end 7-year mutual fund scheme with a total size of Rs. 75 Crore, is set to reach maturity on…

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Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81 19
January 7, 2024

Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81

Business | Market | Economy

During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal achieved an impressive milestone by collecting a substantial amount of…

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Madhesh Province's Financial Sector Witnesses Robust Growth: 13.25% Surge in Deposits and 4.68% Rise in Loans 21
January 5, 2024

Madhesh Province’s Financial Sector Witnesses Robust Growth: 13.25% Surge in Deposits and 4.68% Rise in Loans

Business | Market | Economy

The financial sector in Madhesh province is undergoing a notable expansion, as evidenced by the annual report on regional economic activity presented by the Nepal…

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Gold Prices Dip: Rs. 1,300 Drop per Tola, Silver Also Witnesses Decline 23
January 4, 2024

Gold Prices Dip: Rs. 1,300 Drop per Tola, Silver Also Witnesses Decline

Gold | Silver | Forex

Today witnessed a drop in the value of fine gold, with a decrease of Rs. 1,300 per tola. According to the Federation of Nepal Gold…

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