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All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report. 1
Business | Market | Economy

All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.

  . The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26. The scheme started with a Rs. 75.50 crore […]

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NEPSE Settles at 1,906 Level, Up 0.94%; All Sectors Except Microfinance Close Green, Led by "Manufacturing and Processing" 3
NEPSE NEWS

NEPSE Settles at 1,906 Level, Up 0.94%; All Sectors Except Microfinance Close Green, Led by “Manufacturing and Processing”

The NEPSE index closed at 1,906 today, up 17.70 points from the previous trading day’s close. This represents a 0.94% increase. Yesterday, the index dropped 26.87 points. Today’s index opened at 1,885.7 and reached an intraday high of 1906.61. In contrast, it dropped as low as 1,865.75 before closing at 1,906. In 36,980 transactions, 261 […]

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Nepal SBI Bank's bonus shares worth 29.47 lakh have been listed for trading on the NEPSE. 5
NEPSE NEWS

Nepal SBI Bank’s bonus shares worth 29.47 lakh have been listed for trading on the NEPSE.

Nepal SBI Bank Limited (SBI) has listed 29,47,755.9338 unit bonus shares on NEPSE. On the 25th of Poush, 2079, the company held its 29th AGM for the fiscal year 2078/79. For fiscal year 2078/79, the board of directors approved a 10.53% dividend of Rs. 1.03 Arba. On Mangsir 12, 2079, the 492nd board of directors […]

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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 will be closed today in observance of Ghode Jatra. 8
NEPSE NEWS

NEPSE will be closed today in observance of Ghode Jatra.

The Nepal Stock Exchange (NEPSE), the country’s sole stock market, will be closed today (Chaitra 7, 2079) in observance of Ghode Jatra, a public holiday in Kathmandu valley. Normal trading in NEPSE will resume tomorrow (Chaitra 8, 2079) at 11:00 AM. The NEPSE index finished yesterday at 1,949.06, up 22.65 points from the previous trading […]

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Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE 10
NEPSE NEWS

Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE. On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. […]

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Bindhyabasini Hydropower Development Company's 5% bonus shares are now listed on the NEPSE. 12
NEPSE NEWS

Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.

Bindhyabasini Hydropower Development Company Ltd (BHDC) has launched 5,00,000 units of bonus shares on NEPSE. On 22nd Poush, the business had its 6th AGM and approved a 5.02632% dividend for fiscal year 2078/79. The board of directors resolved to issue the dividend on the paid-up capital of Rs. 1 Arba at its meeting on Mangsir […]

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Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh. 14
Business | Market | Economy

Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.

Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global […]

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Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price. 16
IPO | FPO Business | Market | Economy

Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.

Kantipur Television (KTV) is a private television station based in Kathmandu, Nepal. Kailash Sirohiya is the chairman and managing director. KTV, which debuted in July 2002, is licensed for both terrestrial and satellite transmission. Tinkune is the headquarters of Kantipur Television. On the 17th Chaitra, 2079, Kantipur Television Network Limited will hold its Special General […]

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Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio 18
Business | Market | Economy

Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio

Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized. For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the […]

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