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Articles & Updates

Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders 1
January 3, 2024

Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

Business | Market | Economy, NEPSE NEWS

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya…

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Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal 3
January 2, 2024

Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal

Gold | Silver | Forex

The cost of the valuable yellow metal has risen by Rs. 500 per tola today when compared to the trading price on Monday. As reported…

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Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen 5
January 2, 2024

Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen

Business | Market | Economy, IPO | FPO

Sarbottam Cement Limited has issued an offer letter for an Initial Public Offering (IPO) targeting industry-affected locals of Nawalparasi District, mine excavation-affected locals of Palpa…

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Gold Prices Experience a Significant Drop of Rs. 1,300 per Tola, Silver Rates Decline as Well 7
December 29, 2023

Gold Prices Experience a Significant Drop of Rs. 1,300 per Tola, Silver Rates Decline as Well

Gold | Silver | Forex

Today, the price of gold saw a decline of Rs. 1,300 per tola. As reported by the Federation of Nepal Gold and Silver Dealers’ Association’s…

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Finance Minister Optimistic About 6% Economic Growth and Library Society's Challenges Addressed at Annual Meeting 9
December 29, 2023

Finance Minister Optimistic About 6% Economic Growth and Library Society’s Challenges Addressed at Annual Meeting

Business | Market | Economy

Finance Minister Dr. Prakash Sharan Mahat expressed optimism about achieving a 6% economic growth rate, attributing it to the gradual recovery of the country’s economy….

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Nepal's gold market experiences unprecedented highs in a remarkable surge. 11
December 29, 2023

Nepal’s gold market experiences unprecedented highs in a remarkable surge.

Gold | Silver | Forex

The Nepalese gold market witnessed an extraordinary surge, reaching an all-time high on December 28, 2023. The Federation of Nepal Gold and Silver Dealers’ Association…

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Ncell submits unsigned share purchase documents to Telecom Authority. 13
December 29, 2023

Ncell submits unsigned share purchase documents to Telecom Authority.

Tech & Telecom

Ncell has submitted a share purchase document to the Nepal Telecommunication Authority without the required signature, according to Purushottam Khanal, Chairman of the Telecommunications Authority….

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Nepal Rastra Bank is managing excess liquidity through ongoing withdrawals from the banking system 15
December 29, 2023

Nepal Rastra Bank is managing excess liquidity through ongoing withdrawals from the banking system

Business | Market | Economy

Amidst a surge in liquidity, the central bank is actively withdrawing deposits from banks and financial institutions, having withdrawn a substantial 105 arba rupees in…

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Rising global oil prices amid world turmoil spark diplomatic discussions among major powers 17
December 29, 2023

Rising global oil prices amid world turmoil spark diplomatic discussions among major powers

General News

Thursday saw a surge in crude oil prices, driven by global economic uncertainties due to ongoing conflicts. Despite some easing of concerns about Red Sea…

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Nabil Bank introduces 'Instant Gold Loan' for swift financial solutions 19
December 29, 2023

Nabil Bank introduces ‘Instant Gold Loan’ for swift financial solutions

Business | Market | Economy

Nabil Bank Limited (NABIL) has launched its new financial offering, the ‘Instant Gold Loan,’ designed to provide customers with quick access to funds. This scheme…

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SEBON Approves Singati Hydro Energy's Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance 21
December 28, 2023

SEBON Approves Singati Hydro Energy’s Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance

Business | Market | Economy, Dividend

The Securities Board of Nepal (SEBON) has granted approval to the rights offering proposal submitted by Singati Hydro Energy Limited (SHEL) on Poush 11, 2080….

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Kumari Bank Limited Initiates Promoter Share Auction: Exclusive Opportunity for Existing Shareholders 23
December 28, 2023

Kumari Bank Limited Initiates Promoter Share Auction: Exclusive Opportunity for Existing Shareholders

Business | Market | Economy

The current promoters of Kumari Bank Limited (KBL) have initiated an auction for the sale of 3,40,016 units of shares exclusively to the existing promoter…

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