Articles & Updates

Gold Prices Decline for Fourth Consecutive Day 5
Gold | Silver | Forex

Gold Prices Decline for Fourth Consecutive Day

Gold has experienced a consistent decline in value for the past four consecutive trading days. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,18,300 per tola. This marks a reduction of Rs. 200 compared to the previous day’s trading value

Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares 11
Dividend, Business | Market | Economy

Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares

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 to conclude on the 29th of Poush, 2080. The auction involves 1,70,19,530 units of ordinary right shares, representing the remaining portion of the rights offering issued by the company. The

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

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

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 on the 24th of Poush, is set to continue until the 29th of Magh, 2080. The auction specifically involves 15,00,000 units of promoter shares from Nepal Reinsurance Company Limited, and

NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project 19
Business | Market | Economy

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

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 hydropower project. In this collaboration, NMB Bank will contribute 4.40 Arba rupees, while HIDCL will invest 3 Arba rupees. The signing of a tripartite loan agreement formalized this partnership, witnessed

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