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How to Renew Driving License in Nepal
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]

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NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba 2
NEPSE NEWS

NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba

NEPSE traded only four days this week due to the Ghode Jatra holiday on Tuesday. Last week, the index closed at 1,933.31, down 3.46% from the previous week. This week, the index reached a high of 1,962.14 and a low of 1906.33, resulting in a volatility of 55.81 points. The index had 95.95 points of […]

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Gains Rs 2,900 per tola in one day, trading at Rs 110,000 4
Gold | Silver | Forex

Gains Rs 2,900 per tola in one day, trading at Rs 110,000

Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at […]

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9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 6
Business | Market | Economy

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

  Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if […]

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This week, NEPSE closed above 2000 with a 1.71% gain. 8
NEPSE NEWS

This week, NEPSE closed above 2000 with a 1.71% gain.

Because Monday and Wednesday were public holidays, NEPSE only traded for three days this week. This week, the index closed at 2,002.70, up 33.68 points (1.71%). Last week, the index closed at 1,969.02, down 2.65% from the previous week. This week, the index reached a high of 2,002.70 and a low of 1.935.49, resulting in […]

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Gold and silver prices fell for the third day in a row. 10
Gold | Silver | Forex Business | Market | Economy

Gold and silver prices fell for the third day in a row.

  The price of gold has decreased by Rs. 500 per tola today. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 101,000 per tola. In the last three days, the price of gold has decreased by Rs 1,800 per tola. […]

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Suryodaya Womi Laghubitta Promoter Shares in Auction Begin Today 12
Business | Market | Economy

Suryodaya Womi Laghubitta Promoter Shares in Auction Begin Today

Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMFcurrent )’s promoters are auctioning off 2,28,295 shares to promoter owners beginning today, 17th Falgun, 2079. SWMF unit promoter shares worth $2,28,295 will be auctioned off. Only existing promoters are able to bid on the auction within 35 days of its release, on the 17th of Falgun. Shareholders should […]

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NEPSE drops 7.46 points in two days, settling at 2,019.73 today. 14
NEPSE NEWS

NEPSE drops 7.46 points in two days, settling at 2,019.73 today.

The NEPSE index closed at 2,019.73 today, down 3.81 points from the previous trading day’s close. This is a 0.19% decrease. Yesterday, the index fell 3.65 points. Today, the index opened at 2,024.82 and closed at 2,013.25. It reached a high of 2,033.70 before settling at 2,019.73.  

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NEPSE dropped by 47.77 points (2.31%), and this week's turnover was Rs 8.25 araba 16
NEPSE NEWS

NEPSE dropped by 47.77 points (2.31%), and this week’s turnover was Rs 8.25 araba

Due to the public holidays on Sunday and Tuesday, NEPSE only traded for three days this week. This week, the index dropped by 47.77 points (2.31%), closing at 2,022.64 as a result. Last week, the index lost 5.14% from the week before, closing at 2,070.41. This week, the index fluctuated by 68.79 points, hitting a […]

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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 18
IPO | FPO NEPSE NEWS

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]

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