Rise

Gold and Silver Prices Surge in Nepal: Significant Increase of Rs. 600 per Tola 1
Gold | Silver | Forex

Gold and Silver Prices Surge in Nepal: Significant Increase of Rs. 600 per Tola

The cost of the precious yellow metal has risen by Rs. 600 per tola today in comparison to the trading price on Friday. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading value for fine gold is Rs. 1,19,200 per tola, marking a Rs. 600 increase from Friday’s rate […]

Read More
Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal 3
Gold | Silver | Forex

Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal

The cost of the valuable yellow metal has risen by Rs. 500 per tola today when compared to the trading price on Monday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the present rate for fine gold is Rs. 1,21,000 per tola, marking a Rs. 500 increase from Monday’s trading […]

Read More
Prabhu Capital's mutual funds announce an increase in Net Asset Value (NAV) and net profit for the month of Mangsir 5
NEPSE NEWS

Prabhu Capital’s mutual funds announce an increase in Net Asset Value (NAV) and net profit for the month of Mangsir

“Prabhu Select Fund (PSF)” has released its Net Asset Value (NAV) report for Mangsir, showcasing an increase from Rs. 9.57 to Rs. 10.20 in the fiscal year 2080. This 7-year closed-end scheme, initially starting with a fund size of Rs. 1.25 Arba, has invested in listed shares, public issues, right shares, bonus shares, fixed deposits, […]

Read More
Sunrise Capital's Mutual Funds Report Declines in NAV for Kartik 7
Business | Market | Economy

Sunrise Capital’s Mutual Funds Report Declines in NAV for Kartik

Sunrise First Mutual Fund (SFMF) has disclosed its monthly Net Asset Value (NAV) report for Kartik, indicating a NAV of Rs. 10.62, a slight decrease from the previous month’s Rs. 10.70. The closed-end fund, with a 10-year maturity, began with Rs. 86 crores and has invested in listed shares, bonds, debentures, public issues, rights issues, […]

Read More
Nepal's Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80 9
Business | Market | Economy

Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80

In the fiscal year 2079/80, the Nepalese government conducted a cost analysis, revealing that it incurred a cost of 3.38 paisa to collect 1000 rupees of internal revenue. This analysis was conducted by the Internal Revenue Department (IRD), which reported a total revenue of Rs 4.79 kharba for the year. The departments and subordinate offices […]

Read More
Citizen Life Insurance Company's Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position 11
Business | Market | Economy

Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position

In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) has reported a modest performance, revealing a 1.60% increase in net profit compared to the corresponding quarter of the previous year. The company’s net profit rose from Rs. 7.03 crores to Rs. 7.14 crores in the […]

Read More
Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin 13
Business | Market | Economy

Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin

The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs. […]

Read More
Gold Prices Soar with Rs. 1000 Increase in a Single Day 15
Gold | Silver | Forex

Gold Prices Soar with Rs. 1000 Increase in a Single Day

  The price of gold has risen by Rs. 1,000 per tola (fine gold) today when compared to the trading price on Sunday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current value of fine gold is Rs. 1,08,600 per tola, while Tejabi gold is priced at Rs. 1,08,100 […]

Read More
Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline 17
Business | Market | Economy

Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline

The Net Asset Value (NAV) report for “Global IME Balanced Fund – 1 (GIBF1)” in the month of Bhadra is out. This is a closed-end fund with a 10-year maturity period and a fund size of Rs. 1.02 Arba. In Bhadra, the NAV stands at Rs. 9.76, slightly down from the previous month’s Rs. 9.82. […]

Read More
Could hydro and hotel sector stock rise? 19
r/NepalStock

Could hydro and hotel sector stock rise?

One of my takeaways from the recent budget announcement was that NRN will be investing in the Hydropower and Hotel sector of the stock market. Do you think this will lead to high growth in stocks from these sector? Anyway I sold before the budget announcement and am planning to enter TRH and the other […]

Read More