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The Finance Ministry is developing an action plan for policy priorities and minimum programs. 3
Business | Market | Economy

The Finance Ministry is developing an action plan for policy priorities and minimum programs.

The Ministry of Finance has created an action plan to carry out the policy priorities and minimum programs. The action plan, according to the Ministry, includes policies and programs, milestones, resources, time constraints, monitoring and evaluation indicators, and so on. The action plan discusses promoting revenue collection effectiveness, further systematizing the revenue system, and maintaining

Api Power Company has received preliminary approval from the ERC to issue right shares at a 1:0.40 ratio. 7
Dividend

Api Power Company has received preliminary approval from the ERC to issue right shares at a 1:0.40 ratio.

The Electricity Regulatory Commission has given preliminary approval to Api Power Company Limited (API) to issue 16,533,137 units of right shares. On February 2, the board of directors proposed issuing 40% of the paid-up capital in right shares.  After adjusting for 7.5% bonus shares, the company’s paid-up capital will be Rs. 4.13 Arba.  As a result of the 1:0.40 (40% rights issue), the company’s paid-up capital will be increased to Rs. 5.78 Arba.  The company proposed issuing the right shares to pay off the debt of the projects that it is producing.

Mahalaxmi Bikas Bank paid a cash dividend of 6.47% to shareholders. 15
Dividend

Mahalaxmi Bikas Bank paid a cash dividend of 6.47% to shareholders.

Mahalaxmi Bikas Bank Limited (MLBL) has delivered 6.47% cash dividends straight to its shareholders’ bank accounts and asked them to dematerialize their shares. On Poush 29, 2079, the firm had its 21st AGM for the fiscal year 2078/79.  The board of directors approved a 10.47% dividend for fiscal year 2078/79.  The 548th board of directors meeting, held on Poush 01, resolved to issue a dividend of 10.47% of the Fiscal Year 2078/79.  Similarly, a cash dividend of 6.47% and bonus shares of 4% were proposed from the Rs. 4.01 Arba paid-up capital.  The same cash dividend is now being paid out.  

Gold has dropped Rs. 1,100 from its all-time high, and is currently trading at Rs. 105,800 per tola. 17
Gold | Silver | Forex

Gold has dropped Rs. 1,100 from its all-time high, and is currently trading at Rs. 105,800 per tola.

Today’s gold price has dropped by Rs. 1,100 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 105,800 per tola. Yesterday, the rate remained unchanged at Rs. 1,06,900 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,300. In contrast, the

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