NIBL Ace Capital Limited, a leading merchant banking and Inveent banking company, has provided its clients with a variety of financial services over the years. Portfolio Management Service (PMS) is one of these profitable services that has assisted many people in achieving their goals with a well-balanced risk and return. In addition to investment banking, […]
NEPSE traded only four days this week because to the national holiday on Sunday. This week, the index finished at 2,183.21, up 4.40 points (0.20%). Last week, the index finished at 2,178.81, up 1.37% from the previous week. This week, the index reached a high of 2,202.26 and a low of 2,140.18, resulting in 62.08
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.
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
Paypal is not available in Nepal. Now that the government have given permission to several banks to issue dollar cards to Nepali citizens, Paypal might start looking at supporting Nepali market as well. However, being a small country, a tiny market for Paypal and strict NRB policies, it could not be possible anytime soon.
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: Laws of Nepal: The
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment
So far, cryptocurrencies are illegal in a few countries, whereas the rest of the world either sees it as fitting to utilise these ‘monies’, or keeps them in a grey area of financial law. Similarly, though most countries in the world do not criminalise cryptocurrencies, they have yet to define their usage as monies or
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return
What is NEPSE Index? Nepal stock exchange at the end of the day publishes the transaction index which is called the NepSe index. In simple language, the base market capitalization is used to calculate the Nepse index. The base market capitalization is February 12, 1994. In this day, share transaction was held for the first
Since Tuesday morning, the cryptocurrency market, which had been dropping for more than two weeks, has started rising. As a result, the values of the market’s leading cryptocurrencies have surged dramatically in the last 24 hours. According to Crypto.com, the price of Bitcoin has gained 8.24 percent in the previous 24 hours to USD 37,304,
We’ve found the top Micro Jobs website for Nepalese people to generate money on. Yandex.Toloka is a Russian Micro Jobs website operated by Yandex, a well-known Russian IT behemoth! Unlike most of its American competitors, they enable anyone from all around the world to contribute to their website. Earn money wherever you are! Yandex. Toloka
