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Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23. 1
Business | Market | Economy

Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.

  Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in mid-March 2022/23.

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The NEPSE Index rises 27.31 points to close at 1,871.33. 3
NEPSE NEWS

The NEPSE Index rises 27.31 points to close at 1,871.33.

  The NEPSE index closed at 1,871.33 today, up 27.31 points from the previous trading day’s close. This represents a 1.48% increase. Yesterday, the index rose 5.54 points. Today, the index opened at 1,845.65 and closed at 1,844.41. In contrast, it reached a high of 1,872.11 before closing at 1,871.33.  

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Today's gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5. 5
Gold | Silver | Forex

Today’s gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5.

  Today’s gold price has risen by Rs. 500 in the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. […]

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The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday. 7
IPO | FPO

The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.

  Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place at the issue manager’s Kamaladi office, Prabhu Capital Limited. From the 19th to the 25th Chaitra, the company issued 13,37,302 units of Rs 100 face value shares to the general […]

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Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares 9
Business | Market | Economy

Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares

  Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public. The Electricity Regulatory Commission (ERC) has approved the distribution of right shares in a 1:1 ratio. The company proposed issuing right shares in a 1:2 ratio, or 200% of the […]

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GRDBL proposes a 4% dividend for fiscal year 2078/79. 11
Dividend

GRDBL proposes a 4% dividend for fiscal year 2078/79.

  For fiscal year 2078/79, Green Development Bank Limited (GRDBL) has proposed a 4% dividend. The board of directors decided to distribute 3.80% bonus shares and 0.20% cash dividend (for tax purposes) from the paid-up capital at its 191st meeting on Chaitra 26. Because the company’s paid-up capital is Rs. 51.90 crores, the bonus shares […]

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Today's gold price in Nepal has dropped by Rs 700 per tola, while silver has dropped by Rs 10. 13
Gold | Silver | Forex

Today’s gold price in Nepal has dropped by Rs 700 per tola, while silver has dropped by Rs 10.

  Today’s gold price has dropped by Rs. 700 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,300 per tola. Yesterday, the rate remained unchanged at Rs. 110,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,800. In contrast, […]

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The NEPSE Index rises by 0.30%, while IPO rookie TAMOR encounters a circuit breaker. 15
NEPSE NEWS

The NEPSE Index rises by 0.30%, while IPO rookie TAMOR encounters a circuit breaker.

  The NEPSE index closed at 1,844.02 today, up 5.54 points from the previous trading day’s close. This represents a 0.30% increase. Yesterday, the index fell 28.31 points. Today, the index opened at 1,837.65 and closed at 1,833.08. In contrast, it reached a high of 1,851.49 before settling at 1,844.02.  

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Investors Association Demands SEBON Address Ten Major Issues 17
NEPSE NEWS

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. 19
Business | Market | Economy

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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