Share
Department of Tourism Generates Revenue of NRs. 76.57 Crore through Expedition Permits for Nepal’s Majestic Peaks
The Department of Tourism (DoT) in Nepal has achieved a significant milestone by generating royalty of NRs. 66.64 crores through the issuance of expedition permits for Mt. Everest, the highest mountain in the world. As of May 14, 2023, during the ongoing Spring expedition season, a total of 478 expedition permits have been issued for […]
Read More
Rawa Energy Development Limited Launches IPO Offering of 643,667 Shares to Raise Rs. 6.43 Crore
Rawa Energy Development Limited has announced the opening of its initial public offering (IPO) of 643,667 unit shares with a face value of Rs. 100 per share. The IPO subscription period begins on 18th Jestha, 2080 and ends on 22nd Jestha. In the event of undersubscription, the closing date may be extended until 32nd Jestha, […]
Read More
Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola
The price of gold in the local market has reached a new all-time high, increasing by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 112,500 per tola, while Tejabi gold is being traded at Rs. 111,950 per tola. […]
Read More
NEPSE Index Gains 16.54 Points, Closes at 1,866.34 with 0.89% Increase; All Sector Indices Close Green
The NEPSE index experienced a positive day, closing at 1,866.34, with a gain of 16.54 points compared to the previous trading day. This indicates a 0.89% increase. However, the index had faced a decline of 38.83 points in the previous session. The trading day began with an opening value of 1,850.79 for the index, and […]
Read More
IGI Prudential Insurance Limited Lists 30,293,347 Shares on NEPSE
Based on the information provided, it appears that after the merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL), a new entity called IGI Prudential Insurance Limited was formed. The merger agreement was signed on Magh 27, 2079, and the swap ratio was 1:1. Prior to the merger, IGI had a […]
Read More
Life Insurance Companies in Nepal Compete to Increase Premium Collections
Insurance companies in Nepal are competing to increase their premium collections, the amount of money they receive from policyholders. During the first ten months of the fiscal year 2079/80, life insurance companies collected a total of Rs. 1.14 Kharba in premiums from their 1.38 crore active insurance policies. A report from the Nepal Insurance Authority […]
Read More
Rawa Energy Development Limited Launches IPO Offering 643,667 Unit Shares for Public Subscription
Rawa Energy Development Limited has initiated the issuance of 643,667 unit IPO shares, with a face value of Rs 100 per share, starting from today, the 18th of Jestha, 2080. The IPO is set to conclude on the 22nd of Jestha, and if the subscription falls short, the deadline may be extended until the 32nd […]
Read More
Sunrise Bank Limited Promoters Auction 122,045 Units of Shares to Public and Institutions
Sunrise Bank Limited (SRBL) has announced that the existing promoters of the bank will be auctioning 122,045 units of shares to the general public and institutions starting from today, which is the 18th of Jestha, 2080. Initially, the founder shareholders had issued a notice on the 7th of Baisakh, informing about the auction of these […]
Read More
11% Bonus Shares of Support Laghubitta Listed in NEPSE
Support Laghubitta Bittiya Sanstha Limited (SMB) has successfully listed 94,380 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 8th Annual General Meeting (AGM) held on 4th Chaitra, where an 11.57894737% dividend for the fiscal year 2078/79 was endorsed. During the 189th board of directors meeting on Poush 29, it […]
Read More
Gold Prices Reach All-Time High with Rs. 1500 Single-Day Gain
Gold prices have once again grabbed attention as they reached a record high today. The surge in value amounts to a significant single-day gain of Rs. 1500 compared to yesterday’s price. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,000 […]
Read More