Articles & Updates

"CZBIL Reports Increased Net Profit, EPS at Rs. 15.59" 1
Business | Market | Economy

“CZBIL Reports Increased Net Profit, EPS at Rs. 15.59”

  Citizens Bank International Limited (CZBIL) has released its fourth-quarter report for the recent financial year, showing a Net Profit of Rs. 2.21 Arba. This represents a growth of 10.41 percent compared to the profits of the same quarter in the previous financial year 2078-79. The company’s core revenue stream, Net Interest Income, has risen […]

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"Gold Price Drops by Rs. 900 Per Tola to Rs. 112,600; Silver Follows Suit" 3
Gold | Silver | Forex

“Gold Price Drops by Rs. 900 Per Tola to Rs. 112,600; Silver Follows Suit”

The price of gold has decreased by Rs. 900 per tola compared to yesterday’s rates. Today, fine gold is being traded at Rs. 112,600 per tola, whereas yesterday, it was at Rs. 113,500 per tola. Tejabi gold is now being traded at Rs. 112,050 per tola, whereas it was priced at Rs. 112,950 per tola […]

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"NIC Asia Bank Auctions Promoter Shares of CIT, SWMF, and MSLB Today" 5
Business | Market | Economy

“NIC Asia Bank Auctions Promoter Shares of CIT, SWMF, and MSLB Today”

NIC Asia Bank Limited is conducting an auction for promoter shares of three companies from 12th Shrawan to 18th Shrawan, 2080. The companies include Citizen Investment Trust (CIT), Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF), and Mahuli Laghubitta Bittiya Sanstha Limited (MSLB). Qualified investors can participate in the auction for 10,000 units of CIT promoter […]

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"Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed" 7
Business | Market | Economy

“Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed”

  Upper Lohore Hydropower Company Limited has successfully allotted IPO shares to project-affected local residents in the Dailekh District. The allotment process was concluded on the 10th of Shrawan, 2080. The company had issued 509,804 units of IPO shares, which represent 10% of the total issued capital of Rs. 50.98 Crores. Local residents from the […]

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"240,101 Unit Promoter Shares of Kumari Bank Up for Auction Today" 9
IPO | FPO Business | Market | Economy

“240,101 Unit Promoter Shares of Kumari Bank Up for Auction Today”

  The current promoter of Kumari Bank Limited (KBL) is offering 240,101 units of shares for auction exclusively to existing promoter shareholders. The auction period starts on 11th Shrawan, 2080, and will last for 35 days from the date of this notice. Eligible shareholders, who are existing promoters, can participate in the bidding process by […]

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"Gold Prices Spike by Rs. 800 Per Tola, Silver Rate Unmentioned" 11
Gold | Silver | Forex

“Gold Prices Spike by Rs. 800 Per Tola, Silver Rate Unmentioned”

  Gold prices in the Nepalese market are soaring, reaching near an all-time high. According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is now being traded at Rs. 113,500 per tola, experiencing an astonishing rise of Rs. 800 in just one day from yesterday’s rate. This surge follows a significant […]

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"Laxmi Capital Market Extends Deadline for "Laxmi Value Fund II" Mutual Fund Scheme to Shrawan 19." 13
Business | Market | Economy

“Laxmi Capital Market Extends Deadline for “Laxmi Value Fund II” Mutual Fund Scheme to Shrawan 19.”

  Laxmi Capital Market Limited has decided to extend the deadline for their mutual fund scheme “Laxmi Value Fund-II” until the 19th of Shrawan. Initially, the issue was open from the 5th to the 9th of Shrawan, 2080, but due to a lack of sufficient applications, they have extended the closing date. The scheme offers […]

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"Nepal's Market Hit by Decline in Mobile Phone Imports." 15
Business | Market | Economy

“Nepal’s Market Hit by Decline in Mobile Phone Imports.”

  According to the Customs Department’s international trade statistics, Nepal experienced a significant decline in the number of mobile phones entering the country. In the previous financial year (2078/79), the value of mobile imports exceeded Rs. 38 Arba, but in the last year (2079/80), it dropped to just Rs. 26 Arba. The data shows that […]

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"Sanima Bank Partners with Swisscontact to Boost Agri SMEs Investment in Koshi." 17
Business | Market | Economy

“Sanima Bank Partners with Swisscontact to Boost Agri SMEs Investment in Koshi.”

  Sanima Bank Ltd and Swisscontact/Nepal Agriculture Market Development Program Phase II have joined hands to strengthen Sanima Bank’s ability to support Agri-SMEs in Koshi Province. The main objective of this partnership is to provide financial assistance to Agro processing enterprises in the region and raise awareness about the available opportunities. They plan to leverage […]

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"Auction Begins Today: NIC Asia Bank, Sanima Bank, and Chhimek Laghubitta Promoter Shares" 19
Business | Market | Economy

“Auction Begins Today: NIC Asia Bank, Sanima Bank, and Chhimek Laghubitta Promoter Shares”

NIC Asia Bank Limited (NICA) is offering 4,00,000 units of its promoter shares through an auction open to the qualified general public and institutions. The auction is taking place from the 9th Shrawan to the 18th Shrawan, 2080. Interested bidders can participate with a minimum bid rate of Rs. 375 per share, and the minimum […]

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