Tag: Including

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

    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 71.94% reduction from the previous year’s similar period.

    According to management, there has been no substantial change in the organization’s balance, income, or liquidity during this quarter. The operations are carried out in accordance with the company’s business plan. During this quarter period, as the company’s interest climbed, the income decreased, and it is projected that the profit will improve when the interest expenditure reduces in the future days, and the income will improve from the following quarter.

    It has a reserve resource of Rs. 50.25 crores and a share capital of Rs 1.10 Arba. For Fiscal Year 2078/79, the corporation additionally proposed 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) of Rs 2,32,33,518. The firm has capitalized these extra dividends, resulting in an increased paid-up capital of Rs. 1.54 Arba.

    Furthermore, the business intends to issue 77,44,506 rights shares (1: 0.50 ratio right shares) to shareholders. Following SEBON clearance, this will be given from the paid-up capital of Rs. 1.54 Arba.

    Its annualized earnings per share are Rs 3.56, its net value per share is Rs 145.43, and its P/E ratio is 153.94.

  • Visiting USAID representative Power meets with Finance Minister Paudel

    Visiting USAID representative Power meets with Finance Minister Paudel


    Visiting Administrator of the United States Agency for International Development (USAID), Samantha Power, met with Finance Minister Bishnu Prasad Paudel at the latter’s office  in Singha Durbar today. The meeting touched on an array of subjects including the bilateral relations between Nepal and the US, it has been said.

    On the occasion, Minister Paudel said Nepal for the first time got foreign assistances after signing the point for programme in 1951, and the development partnership between the two countries reached a new height so far since. He also recalled the 75th anniversary of the bilateral relations between the two countries last year.

     

  • 615,104.47 Unit Shares of Best Finance Company in Falgun 01 Auction

    615,104.47 Unit Shares of Best Finance Company in Falgun 01 Auction


    From the 1st through the 15th of Falgun, 2079, Best Finance Company Limited (BFC) will auction 58,429.90 units of ordinary shares and 556,674.57 units of promoter shares.

    A total of 615,104.47 unit shares will be auctioned, including 58,429.90 ordinary shares and 556,674.57 promoter shares.Previously, from Bhadra 27 to Kartik 14, 2074, the corporation issued 1:1.3 ratio right shares, i.e. 1,652,850.00 units, to its qualified shareholders. The remaining unclaimed right shares will now be auctioned off beginning January 1st.

    The auction is open to all existing promoters, the general public, and institutions. The auction’s minimum bid price is Rs. 100. The minimum bid quantity for promoter shares is 1000 units, whereas the minimum bid quantity for ordinary shares is 100 units. Although bidders may bid for the full issue, they must follow Nepal Rastra Bank’s guideline of not exceeding the specified number of shares per organization.Prabhu Capital has been named auction manager.

  • Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend

    Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend


    Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel.

    Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On Poush 26, the 51st board of directors resolved to issue the dividend on the paid-up capital of Rs. 14.75 crores. There is a proposal for 47.5% bonus shares worth Rs 7 crores and a 2.5% cash dividend (including tax) of Rs 36.87 lakhs.

    There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted. The meeting will also examine expanding the authorized, issued, and paid-up capital of the corporation.

    The book will be closed on February 5th. As a result, shareholders who held shares prior to that date are entitled to the dividend distribution and are welcome to attend this AGM.

  • Is bitcoin banned in Nepal?

    Is bitcoin banned in Nepal?


    Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal.

    The central bank of Nepal, Nepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal.

    A few highlights on the ban:

    1. Laws of Nepal: The Nepal Rastra Bank, Nepal’s central bank, highlighted two laws in its statement banning Bitcoin and its transactions: the foreign exchange statute of 2019 BS and the Nepal Rastra Bank Act of 2058 BS. It basically means that you can’t do bitcoin transactions or use bitcoin to swap foreign or Nepali currency in Nepal because bitcoin isn’t classified as a currency by the Nepali government, therefore utilizing the internet for bitcoin transactions or exchange is unlawful.
    2. Lack of regulations: NRB and Nepal govt is unable to have proper regulation over bitcoin transactions, as it’s mostly done over internet and Nepal doesn’t yet have the technology needed to regulate it, and hence it may be banned.
    3. Use in illegal activities: Reports of bitcoin being used for money laundering or making black money into white by converting into Bitcoin, among other cases is another reason.
    4. Damage to Nepali economy: Bitcoin transactions unlike other banking transactions can’t be taxed, so there will be loss of revenue, plus if more Nepalis use bitcoins, the monetary system of Nepal may be affected, Bitcoin is also a very volatile currency with lots of ups and downs and long term it can cause severe problems. NRB is tasked with maintaining the financial stability of Nepal and maybe it felt, bitcoin was a threat.

    These are only a few of the reasons, in my opinion, why bitcoin is prohibited in Nepal. The existing Nepali laws prohibit it, and the central bank believes that bitcoin cannot be effectively regulated, that it can be used for unlawful purposes, and that it will harm the Nepali economy in the long run. The Nepalese government has recently taken tough measures against bitcoin transactions, including arresting people who were mining bitcoin or had large amounts of bitcoin, shutting down Nepal’s largest bitcoin exchange operator Bitsewa and arresting its owners, and even arresting a Nepali politician from a minor party for bitcoin trading.

  • Stock Market Strategy for Long Term Success

    Stock Market Strategy for Long Term Success


    While investing in the stock market is a risky proposition, that should not stop aspiring investors from taking that first leap. The secret of investing lies in having a stock market strategy for long term success.

    Be knowledgeable.

    Savvy investors only get into a stock market investment after they become aware of the necessary information about the company. It is unwise to invest in companies before learning everything about them including future plans, current performance and their past history.

    It is impossible for an investor to know everything right away. Getting investment advice helps investors locate the right stock that will offer significant profits over time. And an investor should always be aware of the fundamental value of the stock they are purchasing.

    Choose to invest in a company that is part of a familiar industry. An investor should have a decent understanding of the business they are investing in so they can fully comprehend the value of the stock. By having this type of knowledge, investors are more independent and do not need to rely solely on advisers and analysts.

    Investors should carefully select the sources of information they rely upon. Tips offered out in the stock market should usually be avoided as they are typically provided by people with vested interest.

    Have a long term goal.

    When investors get started in the stock market, it is important to set a long term goal for success. The goal determines the approaches to be used and influences the decision made in the future. Having a solid goal ensures greater regularity in the face of indecision when the stock market moves.

    A long term goal helps investors avoid making spur of the moment decisions that could negatively affect their financial picture. A long term goal helps investors create a more stable financial future by making steady investment purchases. With a long term goal in mind, an investor has greater consistency.

    Only take calculated risks.

    Speculative ventures must be avoided when investing in the stock market. While there are risks in any business enterprise, they must be calculated carefully to reduce the possibility of loss and maximize potential profits. Guesswork simply does not work when it comes to stock market investing.

    The stock market is not a gamble.

    Stock investing is not gambling and should not be treated as a game. Investor can lose major money in the stock market and investments simply should not incur huge losses. It is simple to purchase stocks, but difficult to regain lost money.

    No investor can afford to make costly mistakes in the stock market. When investors have the desire to gamble, the long term goal must be strictly reviewed and then followed. By revisiting the long term goal, investors can minimize the probability of investing too much money and losing it all.

    Be disciplined.

    Self-motivation is required for successful investing. To make the most of the stock market, the investor needs to have discipline and determination to keep persevering to achieve their goals.

    To be a winner in investing today, you must have courage, passion, knowledge and a stock market strategy. A prudent investor can take advantage of the myriad of opportunities in the stock market for greater financial freedom in the future.

  • The Use of Stock Investment Tools

    The Use of Stock Investment Tools


    In days past, stock market information was limited and often buyers depended on stockbrokers to try to get the facts about investments. Today there are a variety of stock investment tools to assist modern investors and maximize the amount of information they can find about potential investments and trading activities.

    The widespread use of the Internet puts a wealth of information at your fingertips right away. The Internet has facts about many publicly listed companies in the United States. Certain websites provide free research information, which may be rather general in nature but still useful to beginners. Other companies publish in-depth research reports outlining the activities of listed companies. These detailed reports may only be offered through a subscription, which may be an expensive choice for retail based investors. Based on the quality of the research provided about the company, such detailed reports may wind up costing hundreds or even thousands of dollars.

    For simple background facts, stock investors can peruse news articles, analyst reviews and research reports intended to supply fundamental company information. This basic information can come from analyzing previously published financial reports or catching up on current news events regarding the company’s activities. This fundamental research can be a place to start to obtain more information so investors can adequately analyze the data to make educated investment decisions.

    Investors can also take advantage of a variety of stock investment tools that offer management or raw data including current stock quotes, index performances or historical price data. Such tools may be purchased from a software company and then installed in computers. These tools assist in gathering, processing and analyzing raw data so the information is more useful to the investor.

    For example, an investor can take raw data of the historical closing prices of certain companies and run it through investment software to find out additional information such as the volume of stocks traded on a particular company for a said period of time or the historical price trend of one company compared to an index of other companies. These stock investment tools generate reports that assist investors in developing more effective trading strategies from the raw data they originally had.

    Certain stock investment tools purchased from various software companies may cost hundreds of dollars. This type of pricey investment may not be practical for small scale investors looking to make a profit right away. Individual or beginning investors can take advantage of analysis tools on the Internet made available from stock market companies for free to their clients. These tools are also made available for free to online investment clients to help them develop their trading strategies to try to achieve profits.

    Efficient stock investment tools, research products and information are readily accessible on the Internet for your convenience. However, it still requires data gathering, interpretation of analysis and careful planning to ensure successful trading. By using some online tools and careful analysis of the data, investors can develop viable trades for long term investment growth.

  • Windows 10 update causing blue screens of death — what to do

    Windows 10 update causing blue screens of death — what to do


    Some Windows users are reporting major problems with this week’s Windows 10 security update, while others are unable to install it at all.

    Since the update, KB5001330 for Windows 10 versions 20H2/2004, addresses five zero-day bugs and patches several notable remote-code-execution vulnerabilities, it’s a big deal.

    However, after the patch was released on Tuesday, users started complaining on various Internet forums that KB5001330 failed to install, resulting in issues such as never-ending boot loops and the dreaded Blue Screen of Death (BSOD).

    On the Windows 10 subreddit, one user wrote, “I modified and am stuck in a bsod loop.” Another user replied, “Same thing happened to me with KB5001330 on W10 Home 20H2 x64.” “I was able to boot after restarting with ‘Disable driver signature compliance.’”

    Some users who have successfully installed the update have reported experiencing sudden drops in game output, including graphical stuttering and unpredictable FPS drops, on the Windows 10 subreddit.

    What to do if you’re having problems with the Windows 10 update KB5001330

    If you’re worried that the new Windows 10 update will break your computer, the only thing you can do is wait until Microsoft fixes the problems. Given the seriousness of the security vulnerabilities addressed by this patch, we can only hope that the OS creator responds quickly.

    If you’ve already installed the patch and can open Windows but are still having issues, the safest way is to uninstall it and reboot your computer. Here’s how to do it step by step:

    • Launch the Windows 10 Settings app, easily found by opening the Start menu and typing “Settings”
    • Click “Update & Security”
    • Select “Windows Update” and hit “View update history”
    • Click “Uninstall updates” and select “Security Update for Microsoft Windows (KB5001330)”, then confirm when Windows asks if you’re sure
    • Reboot your PC

    If you’ve already applied the patch and your machine is still stuck in a boot loop, preventing you from opening Windows, you’ll need to take more drastic steps.

    As previously stated, some users have reportedly been able to get out of the loop by disabling driver signature compliance, which can be done by selecting Advanced Startup during the Windows 10 boot series, pressing the Troubleshoot button, then navigating to Advanced options and disabling driver signature enforcement in the Startup Settings.

    It’s still uncertain how widespread the problems caused by this update are, but this isn’t the first time Microsoft has released a Windows patch that has caused significant problems for users. Given the seriousness of the security vulnerabilities addressed by the KB5001330 updates, we can only hope that Microsoft resolves these issues quickly.

     

  • What Stock Market Basics Do You Need To Know?

    What Stock Market Basics Do You Need To Know?


    To succeed in the business of stocks, learning the stock market basics of the trade is essential. The stock market is a complicated game and knowledge is power when it comes to financial freedom.

    The decisions you make can yield unlimited earnings or completely break your budget. While there is some level of gambling involved in the stock market, an educated trader will ultimately achieve success.

    Prior to risking your hard-earned cash on the stock market, you need to recognize certain vital factors when deciding which company to invest in.

    Consider these stock market basics to learn more about the company you want to buy into:

    Check Out A Company’s Revenue

    What is the actual amount of money the company makes? This total amount is referred to as revenue. While young companies in their early stages of development may not have much revenue to offer, other companies who have been in the market for a long time may use their revenues to cover costs and losses.

    A Company’s Earnings Make A Difference

    How much money does the company make? This amount of money is called a company’s earnings. Beside revenues, earnings may be used to cover expenses. Earnings are the extra money taken in by a company. Because investors investigate the earnings made by a company they want to purchase stocks on, the companies with large earnings have a distinct advantage in the stock market.

    A Company In Debt Is A Bad Sign

    How much money does the company owe? Debt is the money owed by a company, which can be represented in many different ways. When a company is in debt, the money they have will be used to pay up the debit. It is risky to purchase stock from companies in debt because the company is unstable which could result in them declaring bankruptcy.

    A Company Should Own Property

    What does the company own? The assets owned by a company, including business, money and stocks, are referred to as property. When you are aware of a company’s assets, you can better ascertain their position in the industry. When companies have significant properties under their ownership, it is safer to trust their background. Often people will immediately buy stocks from companies holding a major amount of assets because they are more secure.

    A Company Should Show Financial Responsibility

    How much does the company have to pay out and what are their total financial obligations? Each company has different financial obligations. When a company has few financial obligations, they are in less danger of getting into debt. Examine the liabilities versus the assets of a company to determine their financial responsibility. A company should have higher assets than financial obligations.

    Gambling your money on a company you know nothing about is an unsafe and unwise decision. By simply reviewing the company’s background, you have all the stock market basics right at your fingertips.

    To make sure your money is in the right hands, do your research about the companies you want to invest in.

  • 10 Best Online Data Entry Jobs You Can Do During Lockdown

    10 Best Online Data Entry Jobs You Can Do During Lockdown


    Everyone is looking for online data entry employment during the COVID-19 lockout days. Because they save money and help employees work more efficiently, businesses have resorted to freelance and online workers for assistance. Finances is one area where this favorable position has resulted in growth and flexibility for both individuals and employers.

    Organizations’ decisions during the COVID-19 lockdown can help them save money on infrastructure and operations. Many established jobs now offer greater pay scales online when compared to in-house work.

    Furthermore, due to their limited application in many industries, many internet data entry jobs are now outsourced and contracted. New developments, on the other hand, are now making a lot of job available online and for the right applicants in every area.

    Top Online Data Entry Jobs During COVID-19 Lockdown

    The following is a list of online data entry jobs that pay well and come in large quantities:

    1. PDF to Word Conversion Jobs:

    Good communication and language abilities are required for this type of work. Filling out excel sheets or a word document is a good idea. Furthermore, you must read and convert content from a PDF file to a Word document. There are many other translation doplusents accessible. In the same industry, there are numerous sub-jobs to choose from.

    2. Writing, Editing, and Proofreading Jobs:

    Some of the basic credentials for this type of work are excellent language skills, including but not limited to English. This procedure begins with the, which might lead to proofreading and, finally, editing work. Additionally, academic language skills are ideal for this type of work. In the industry, there are also unique assignments accessible. Focus on narrative formats as well, which have a lot of potential in the film and media industries.

    3. Online Survey Jobs:

    Taking an online survey is a simple and enjoyable method to earn money. This profession comprises filling out a survey after collecting feedback on their products and services. Many websites will compensate you if you complete an online survey. You can earn up to $300 depending on how many studies you complete in a month or week.

    4. Form Filling Jobs:

    The remuneration for this type of work is more than for a regular writing job. Separate chunks of data will be given to you to enter the value from a database into each field in the form. Because any incorrect entry will result in false data, this work needs great attention to detail.

    5. Captcha Entry Jobs:

    Captcha entry jobs allow you to enter captcha image numbers, alphanumeric data, and image texts into a spreadsheet or doplusent. You’ll also have to solve hundreds of captcha images every day. It’s a less complicated and more interesting job than the others on the list.

    6. Payroll Data Entry Operator:

    The majority of this job’s work is outsourced online due to the extensive use of internet recruiting software. Searching for candidates, entering candidate information and allowances, and receiving a list of candidates who have been shortlisted are just a few of the jobs available. The compensation for this work role is low at first (for newcomers), however the industry has a strong rate of growth.

    7. EMail Processor:

    This is a well-paying and creative work opportunity! You concentrate on e-mail delivery every day. Hundreds of e-mails are forwarded to different addresses. You’ll be in charge of tracking down the information and constructing a spreadsheet.

    8. Transcription work: Transcription work entails converting audio to text. You’ll be given a phrase to memorize, which could be an audio file or a live performance. This type of data entry job typically requires additional skills and is conducted by medical experts. You can easily earn $50 each hour of audio transcription, which takes four to five hours depending on the file’s difficulty.

    9. Word Processor:

    This job entails entering data that will be utilized to create mailing labels, letters, and reports, among other things. Strong communication skills, as well as knowledge of punctuation, spelling, and grammar, are required. You may also be expected to use technical and statistical data to create tables, graphs, and charts.

    10. Converting Files:

    Finally, converting files from one format to another is a variation on data input labor in general. Among other things, you’ll be asked to convert an audio file or an image to PDF or Word format.

    With the advancement of digital technology, online data entry jobs with proper pay scales are now available in practically every industry. The majority of it is also available on job boards online. Data entry jobs online are an excellent method to broaden your network, boost your profession, and protect your financial future.

    These online occupations offer several benefits, and we strongly encourage you to explore them, especially during this shutdown period!