Finance

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Business | Market | Economy, NEPSE NEWS

NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market

The Nepal Stock Exchange (NEPSE) Index demonstrated a noteworthy surge, gaining 58.58 points or 2.85% compared to the previous day’s closing, concluding at 2,111.24 points. In the preceding trading session, the index had also experienced a positive trend, accumulating a gain of 22.10 points. The day’s trading activities commenced with the index opening at 2,065.63,

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Dividend

Central Finance: No Dividends for FY 2079/80

Central Finance Limited (CFCL) has announced that it will not be giving out any dividends for the Fiscal Year 2079/80. This decision was reached during the 335th Board Meeting held on Falgun 04. However, it’s essential to understand that this decision is dependent on the approval of the financial statements by the regulatory authority, Nepal

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IPO | FPO

Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have initiated the auction of their promoter shares. Specifically, Bijaya Kumar Thakur is auctioning 26,000 units, while Dhirendra Thakur is auctioning 30,000 units of their respective shares. This auction, which began on the 18th of Poush, 2080, is exclusively open

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Business | Market | Economy

Finance Minister Optimistic About 6% Economic Growth and Library Society’s Challenges Addressed at Annual Meeting

Finance Minister Dr. Prakash Sharan Mahat expressed optimism about achieving a 6% economic growth rate, attributing it to the gradual recovery of the country’s economy. Speaking at the 20th annual general meeting of the Kathmandu Valley Public Library Society at Bhrikutimandap, Minister Mahat highlighted positive signs such as the increasing number of tourists, rising remittances,

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