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Devastating Fire at Bharat Furniture: A Costly Setback for the Industry 1
Business | Market | Economy

Devastating Fire at Bharat Furniture: A Costly Setback for the Industry

A devastating fire broke out at Bharat Furniture, located in Matihani-8 of the district, causing extensive damage estimated at over Rs 3.5 million. Owned by Dukhmochan Thakur, the furniture industry fell victim to the blaze, which ignited around 10:00 pm on Monday, as reported by the District Police Office, Mahottari. The inferno swiftly engulfed the […]

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Extraordinary Surge: Gold Prices Reach All-Time Highs in Nepal 3
Gold | Silver | Forex

Extraordinary Surge: Gold Prices Reach All-Time Highs in Nepal

Recently, the gold market in Nepal has experienced an unprecedented surge, reaching a new all-time high on April 9, 2024. The Federation of Nepal Gold and Silver Traders’ Association reported a notable increase of Rs. 100, pushing the price of fine gold to an exceptional rate of Rs. 1,36,300 per tola, up from its previous […]

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Global IME Ltd. Debenture Delisting: Implications and Refund Process 5
Business | Market | Economy

Global IME Ltd. Debenture Delisting: Implications and Refund Process

In a significant development, 1,500,000 units of the “10.25% Global IME Ltd. Debenture 2080/81” have been removed from trading on the Nepal Stock Exchange (NEPSE). This move holds implications for investors and marks the culmination of the debenture’s tenure. The “10.25% Global IME Ltd. Debenture 2080/81” reached its maturity date in Chaitra, 2080, offering a […]

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NEPSE Index Update: Insights into Nepal’s Stock Market Movement
NEPSE NEWS

NEPSE Index Update: Insights into Nepal’s Stock Market Movement

  The Nepal Stock Exchange (NEPSE) Index exhibited a positive trajectory, recording a gain of 0.45% or 9.19 points, closing at 2,036.01 points by the end of today’s trading session. This follows a notable increase of 22.75 points in the previous session, indicating a dynamic market environment. Opening at 2,035.2 points, the trading day was […]

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Challenges and Prospects of the Newly Constructed Business Tower in Damak: A Critical Analysis 18
General News

Challenges and Prospects of the Newly Constructed Business Tower in Damak: A Critical Analysis

The recent unveiling of a multi-billion-rupee business tower in Damak by the government has ignited debates over its practicality, given reports of tepid interest from prospective commercial tenants. The towering edifice, standing 18 stories tall and spearheaded by CPN-UML chairman and former Prime Minister KP Sharma Oli, awaits its official inauguration amidst uncertainties surrounding its […]

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