Articles & Updates

"New Rs 20 Currency Notes with Distinctive Features Introduced by Nepal Rastra Bank" 1
Business | Market | Economy

“New Rs 20 Currency Notes with Distinctive Features Introduced by Nepal Rastra Bank”

Introducing the all-new Rs 20 currency notes from Nepal Rastra Bank’s Currency Management Department! While maintaining their familiar size and color, these notes come packed with enhanced security features and distinctive elements to ensure the utmost reliability. Exchange your older notes, bearing series numbers from THA 87 000001 to TA 18 999999, and receive the […]

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10% Citizens Bank Debenture 2090 Public Issue Now Open 3
Business | Market | Economy

10% Citizens Bank Debenture 2090 Public Issue Now Open

  Introducing a lucrative investment opportunity with a total of 30 lakh units on offer at a par value of Rs. 1000 per unit. This unique offering includes a private placement portion comprising 60% of the total units, totaling 18 lakh units, and a public issue segment with 12 lakh units, valued at Rs. 1.2 […]

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Deadline Extended for 97.32 Lakh IPO Shares of Sonapur Minerals and Oil as Issue Garners 1.05 Times Oversubscription 5
Business | Market | Economy

Deadline Extended for 97.32 Lakh IPO Shares of Sonapur Minerals and Oil as Issue Garners 1.05 Times Oversubscription

Sonapur Minerals and Oil Limited is extending a golden opportunity for investors by extending the deadline for its IPO shares issuance until the 28th of Ashwin, 2080. This IPO, which initially opened on the 14th of Ashwin, garnered tremendous interest, prompting the company to prolong the offering. Notably, Sonapur Minerals and Oil Limited had already […]

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Sanima Reliance Life Insurance: 100% Delay Charges Waived for Policy Renewals Until Ashoj 26 7
Business | Market | Economy

Sanima Reliance Life Insurance: 100% Delay Charges Waived for Policy Renewals Until Ashoj 26

Sanima Reliance Life Insurance is putting its policyholders first with an exclusive policy renewal campaign from Ashoj 16 to 26, 2080. During this limited-time offer, policyholders who haven’t renewed their policies can seize the opportunity to do so with a remarkable 100% waiver on delay charges. This customer-centric initiative reflects the company’s commitment to providing […]

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NEPSE Lists 4.75% Bonus Shares of Nepal Reinsurance Company 9
Business | Market | Economy NEPSE NEWS

NEPSE Lists 4.75% Bonus Shares of Nepal Reinsurance Company

  Nepal Reinsurance Company Limited (NRIC) sets a promising tone for investors with the listing of 58,10,437.50 units of bonus shares on NEPSE, reflecting the company’s commitment to shareholder value. NRIC’s 18th Annual General Meeting, held on the 15th of Ashad, marked a significant milestone as it endorsed a 5% dividend for the fiscal year […]

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Gold Drops by Rs. 5,600 Per Tola in a Week, Now at Rs. 106,600 11
Gold | Silver | Forex

Gold Drops by Rs. 5,600 Per Tola in a Week, Now at Rs. 106,600

In the local market today, the price of fine gold has decreased by Rs. 1,300 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 1,06,600 per tola, down from yesterday’s rate of Rs. 107,900 per tola. Tejabi gold is also trading lower […]

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Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16 13
Business | Market | Economy

Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16

Multipurpose Finance Company Limited (MPFL) has recently allocated 15,82,000 units of right shares to its shareholders on the 12th of Ashwin. For those who didn’t receive these shares, the company will begin refunding their money starting on the 16th of Ashwin, 2080. This offering of 35% right shares by the finance company was open from […]

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Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline 15
Business | Market | Economy

Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline

The Net Asset Value (NAV) report for “Global IME Balanced Fund – 1 (GIBF1)” in the month of Bhadra is out. This is a closed-end fund with a 10-year maturity period and a fund size of Rs. 1.02 Arba. In Bhadra, the NAV stands at Rs. 9.76, slightly down from the previous month’s Rs. 9.82. […]

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NMB Capital's 4 Mutual Funds Report Lower NAV in Bhadra 17
Business | Market | Economy

NMB Capital’s 4 Mutual Funds Report Lower NAV in Bhadra

  NMB Capital Limited has released the Net Asset Value (NAV) Report for Bhadra, 2080. NMB Hybrid Fund L-1 (NMBHF-1), a 7-year mutual fund managed by NMB Capital, has shared its financial update for the same month. The NAV for Bhadra declined to Rs. 11.79, down from the previous month’s Rs. 11.99. Starting with a […]

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Petroleum Product Prices Rise, LP Gas Up by Rs 215 19
Business | Market | Economy

Petroleum Product Prices Rise, LP Gas Up by Rs 215

  The Nepal Oil Corporation (NOC) has announced a midnight price hike for various fuels. In a recent statement, NOC revealed that petrol prices will increase by Rs 2 per liter, while diesel and kerosene will go up by Rs 6 per liter. Additionally, the cost of aviation fuel will rise by Rs 8 per […]

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