Economics
NEPSE Records Modest Gain Amidst Stock Market Fluctuations: Sonapur Minerals Tops Turnover
The Nepal Stock Exchange (NEPSE) Index has recorded a modest gain of 2.60 points or 0.13% compared to the previous day’s closing, concluding at 1,988.04 points. In the preceding trading session, the index witnessed a more substantial increase of 36.86 points. The market commenced today with the index opening at 1990.36. It experienced fluctuations throughout […]
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Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims
The Commission formed by the government to investigate and resolve cases related to usury has effectively handled 5,155 out of the 28,000 received complaints, according to Uttamraj Subedi, a Commission member and Additional Inspector General of Police. Since its inception, the Commission has facilitated the return of 218 bigha 10 kattha 7 dhur (793) to […]
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Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders
The current promoters of Kamana Sewa Bikas Bank Limited (KSBBL) have initiated the auction of 5,09,892 units of shares, starting from the 25th of Mangsir, 2080. This auction is exclusively open to interested former promoter shareholders of the bank. Eligible bidders have a 35-day window from the publication date of this notice, which is also […]
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“NEPSE Records Volatile Trading Day: High Turnover, Notable Gains, and Losses in Latest Market Update”
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 15.40 points, equivalent to 0.78%, settling at 1,948.57 points compared to the previous day’s closing. In the preceding trading session, the market had witnessed an impressive 6% surge, prompting multiple trading halts and leading to the early closure of the market for the entire day. […]
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SEBON Approves Inclusion of Sarbottam Cement’s IPO in Pipeline, Sets Stage for Rs. 1.29 Arba Offering
Sarbottam Cement Ltd.’s Initial Public Offering (IPO) has been included in the Securities Board of Nepal’s (SEBON) IPO pipeline for approval. The company intends to issue 3,600,000 unit shares to both local and general investors, with the IPO expected to generate a total of Rs. 1.29 Arba. Priced at Rs. 360.90 per share for both […]
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“NEPSE Lists 18.55 Million Right Shares of Arun Kabeli Power Limited Following Successful Auction”
Arun Kabeli Power Limited (AKPL) has successfully listed 18,552,105 units of right shares on the Nepal Stock Exchange (NEPSE). The company had previously issued these shares in a 1:1 ratio, amounting to a total of 185,521,05 units, available for subscription to its shareholders between the 11th and 31st of Bhadra, 2080. However, only 165,372,88 units […]
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Gold Prices in Nepal Experience Decline of Rs. 1,300 per Tola, Reflecting Global Market Trends
The price of gold faced a decline of Rs. 1,300 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The present rate for fine gold is recorded at Rs. 1,17,500 per tola, contrasting with the stable rate of Rs. 1,18,800 per tola on Friday. Similarly, […]
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“Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”
Nepal Life Insurance Company has resolved insurance claims totaling Rs 69.62 Arba as of the end of Ashoj, 2080. The disbursements primarily include death-related claims distributed among 13,512 policyholders and their nominees, encompassing both local and international beneficiaries, with a cumulative payout of Rs 5.68 Arba. The company, aiming for efficiency, has successfully settled 93% […]
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Chilime Hydropower Company Proposes 15% Dividend and Announces AGM for Fiscal Year 2079/80
Chilime Hydropower Company Limited (CHCL) has recommended a dividend of 15% and scheduled its 27th Annual General Meeting (AGM) for Poush 20, 2080. During the 423rd meeting of the board of directors on Mangsir 22, the proposal included a 15% dividend for the fiscal year 2079/80. The proposed distribution comprises 10% bonus shares amounting to […]
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Himalayan Reinsurance Successfully Allocates IPO Shares to Nepalese Citizens Working Abroad
Himalayan Reinsurance Limited has successfully allocated IPO shares to Nepalese citizens working abroad, marking the completion of the allotment process on 24th Mangsir, 2080. The company, with a total issued capital of Rs. 10 Arba, allocated 30% or 3,00,00,000 unit shares for the public, including Nepalese citizens working abroad and the general public. In the […]
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