Oli
Gold Prices Reach Near All-Time High in Nepalese Market
Gold prices are on the rise in the Nepalese market once again. Today, fine gold gained Rs. 1800 per tola while tejabi gold rose by Rs. 1750 per tola from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is being traded today at Rs. 110,600 per […]
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Nepal Stock Exchange App (NEPSE App) on Google Play
In recent years, the Nepal Stock Exchange (NEPSE) has become a popular destination for investors looking to invest in the Nepali stock market. As technology continues to advance, investors now have access to an app that makes it easy to keep track of their investments and stay informed about the latest market trends. The NEPSE […]
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List of Bank Holidays in Nepal 2080
The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as […]
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The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies
The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses to two more micro insurance companies. The authorities have given licenses to Protective Micro Insurance Ltd Nepal and Crest Micro Life Insurance Ltd.
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The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.
Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million. ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million […]
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Because of the Liquor Industry’s Boom and Bust Period
Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022. The company’s revenue has decreased by Rs. 59.3 crores compared to FY 2021. For fiscal year 20/21, the company generated sales revenue of Rs. 2678 crore (Million). VDPL’s profit margin for FY2022 […]
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Investors Association Demands SEBON Address Ten Major Issues
The Investors’ Association has focused significant attention on the financial and psychological effects of the stock market on regular investors, which have been steadily declining for a long time. Despite the fact that over 55 lakh investors lost a total of nearly Rs. 15 Kharba following the all-time high market capitalization on August 18, […]
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The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.
The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen […]
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Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.
The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic […]
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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.
Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba […]
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