The Nepal Rastra Bank has released a circular implementing changes in the Monetary Policy 2080/81. In this circular, they clarified that share mortgage loans above Rs. 50 lakhs will now carry a 150 percent risk weight, instead of the previous limit of Rs. 25 lakhs. The 150 percent risk weight will continue to apply to share mortgage loans exceeding Rs. 50 lakhs.
Upper Lohore Hydropower Company Limited has provided updates regarding its initial public offering (IPO) of shares. The IPO is now closed to Nepalese citizens working abroad as of the 21st of Ashad, 2080. However, the deadline for project-affected locals in the Dailekh District has been extended until the 5th of Shrawan. The IPO process started on the 7th of Ashad, 2080.
The company’s issued capital is Rs. 50.98 Crores, with 10% of the shares, worth Rs. 5.09 crores, allocated to project-affected locals in Dailekh District. Another 39% of the company’s issued capital, equivalent to 19,88,236 units, will be offered to the general public at a later date. Within the public issue, 10% of the shares, totaling 198,824 units, are reserved for Nepalese citizens working abroad, and the closing date for their participation is today.
The minimum application quantity for both project-affected locals and Nepalese citizens working abroad is 10 units, while the maximum is 25,000 units.
NIC Asia Capital Limited is the appointed issue manager, and after the IPO, the promoter-public share ratio will be 51:49.
According to the Central Depository System and Clearing Limited (CDSC), 23,846 applications have been received from Nepalese citizens working abroad, with a total of 585,570 units applied for so far.
The Upper Lohore Hydropower Company Limited has been assigned a ‘CARE-NP BB- (Is)’ rating by Credit Rating Nepal Limited (CRNL), indicating a moderate risk of default regarding financial obligations in Nepal.
Established as a private limited company on November 10, 2017, the Upper Lohore Hydropower Company Limited has since become a public limited company. The company’s main focus is the development of the Upper Lohore Hydropower Project in the Dailekh district, with a capacity of 4MW as a run-of-the-river type project.
Are you a college student? Do you wish to supplement your pocket money with a little additional cash? We understand that working a 9-5 office job will interfere with your studies. However, you can undertake an online job in your leisure time without investing any money. You can make good money from an internet job if you work hard. Many Nepalese people work full-time from their homes doing online work. There are no headaches from the 9-5 office job, and there are no headaches from the boss. You have the option of being your own employer. You can work whenever you wish. You’ll make some extra money in your spare time, and it won’t interfere with your studies.
But first, you should be aware that there are numerous scams involving online jobs on the internet. You must be aware of the deception. “Earn $1000 a day,” “$100 per hour,” and “earn $100 while you sleep” are some of the advertisements. They’re all con artists. You must be aware of their existence.
Yes, you can make the money mentioned above, but it will take a lot of commitment, time, knowledge, and hard work. You should make it a full-time job. However, for a student whose primary attention should be on their studies, earning $100 or $1,000 every day without a significant time or financial investment is nearly difficult. However, as in Nepal, $100 a month is sufficient for students’ pocket money, which they can earn completing internet jobs in their leisure time without investing.
To do the online work, you’ll need decent computer skills and access to the internet. So, let’s get started.
1. YouTube
YouTube is the finest and simplest way to earn money online without having to invest any money. You must have just used YouTube to look for videos. However, did you know that YouTube compensates the video’s publisher for each view? You can also make money using it. You don’t need a professional video camera to do this. It will be done for you via your smartphone. Make a video using your smartphone that is amusing, entertaining, or interesting. Make a video that you think people will enjoy. Create a YouTube channel, monetize it with Adsense, and when your videos go viral or receive a lot of views, you’ll be able to start making money right away.
2. Blogging
Blogging is an online diary in which one or more people publish articles in chronological order on any topic and keep it updated on a regular basis. You can create your own blog if you are an expert on any subject. There are numerous platforms from which to launch a blog. Blogger.com, on the other hand, is the greatest blogging platform for beginners or students. You can start writing articles on a blog without spending any money. Use social media to spread the word about this article. Once you have a good number of visitors, you can monetise your site with Adsense. After that, you will be compensated when someone views your blog and clicks on your advertisements.
3. PTC (Paid To Click)
PTC is another option to make a small amount of money without having to invest anything. We used the word “little” because it only pays a small amount every click. If you search the Internet for PTC websites, you will find a plethora of them, however the most of them are scams and fakes. So, before joining such a website, you should check the website’s review on the internet or ask me. If you wish to work on PTC sites, we propose Clixsense.com or Neobux.com. After you join the website, they will send you adverts to click, and they will pay you as little as 0.01$ (about NRs) for each click. Worst of all, there is a daily limit on the number of advertising you can receive. So, we wouldn’t encourage it, but if you’re lazy and don’t want to put in the effort to write or upload videos to YouTube, it’s worth a go.
4. Facebook
In both the United States and Nepal, Facebook is the most popular social networking site. It is Nepal’s most viewed website, ranking first. You must have a Facebook account if you are reading this post; if not, you may establish one. The majority of students’ time is spent on Facebook. So, you’re wondering how you make money on Facebook. Create a Facebook page for a certain topic, post updates on a regular basis, and grow the page. You can sell your Facebook page once you have a large number of fans. Many people purchase Facebook pages at a reasonable fee. All you have to do is put forth the effort. This does not necessitate any financial investment.
5. Affiliate Marketing
Affiliate marketing is a type of web marketing that allows you to promote a product from a variety of vendors. As a result, if you become an associate of a merchant and want to advertise their product, you will be given a unique link. You can promote the link for free on many forums and social networking sites such as Facebook, Twitter, and YouTube. And if someone buys something through your link, you get paid a percentage of what the dealer offered. This is difficult, but if you put in the effort, you can make a lot more money with Affiliate Marketing. Though affiliate marketing can help you make a lot of money if you invest, it can also help you make a lot of money if you don’t.
These are the 5 internet jobs for students who want to make money without having to invest any money. We’ve just touched on a small portion of it. If you want to do any of the above-mentioned online occupations, please let us know in the comments section or contact us. We’ll provide you a step-by-step tutorial to get you started.
A share is essentially a fraction of a company’s ownership. Purchasing or selling shares entails acquiring or disposing of a portion of the company’s ownership. The stock market, also known as the share market, is a place where you can buy and sell stocks. In order to raise money, public corporations usually sell shares to the public, but the stock market often trades other instruments such as debentures, bonds, and mutual funds.
Dividends are a way for you to get a piece of those companies’ earnings as a shareholder. While share trading is an exciting way to earn money both actively and passively, it is also risky since investors can have to bear the loss if the company fails. As a result, as a novice, it is important that you gain a thorough understanding of the market before investing your money in stocks.
Here is a brief introduction of how you can participate in the game of stock trading.
Opening a dematerialized (DEMAT) account at one of the Depositary Participant (DP) licensed by the Central Depository System and Clearing Limited (CDSC) is a prerequisite to participate in both primary and secondary market. Most commercial banks, merchant bankers and stockbrokers provide such services. If you already own some stocks in your name, then you can give your DP to dematerialize your physical share certificates into dematerialized shares. The DEMAT account is similar to a bank account which debits and credits the shares you sell or purchase. Most DP’s also provide clients with facilities to check their DEMAT account status online as well.
To get started in the stock market, it is essential to first understand how the market functions. Securities Board of Nepal (www.sebon.gov.np); the sole regulator of the capital market is a useful source for primary information. Its website provides information on various securities laws, investor education, and upcoming public issues amongst others. Similarly, the Nepal Stock Exchange (www.nepalstock.com) the sole secondary market; and its mobile-based application is a great source to get hands-on information. There are many other popular websites that provide constant updates about the capital market such as; Share Sansar and Mero Lagani. Furthermore daily national newspapers, websites of merchant bankers and credit rating agency – icranepal.com – also provide good information.
One of the best opportunities to participate in the capital market is to apply for primary offers in the primary market such as; Initial Public Offering (IPO) or Further Public Offering (FPO). Most companies offer primary issues to the general public at face value of NPR 100 per stock, or at a premium based on their valuations. The risk is lower when you purchase in the primary market as you get an opportunity to buy shares at a lower cost as compared to purchasing those shares in the secondary market once they are listed. Also, look out for opportunities to participate in the primary offering of mutual fund schemes which can be a beginning point.
News about primary issues generally comes out in national newspapers and are widely announced on other media platforms. Once you know the primary issues are out, you can read their prospectus to see their detail information such as; past and projected performance, & management amongst others. You can also look at their credit rating provided by a licensed credit rating agency before making the decision to invest.
All the stocks offered via the primary market are listed in the secondary market i.e. Nepal Stock Exchange (NEPSE); currently, there are 231 companies listed in the stock exchange. The secondary market provides the platform to sell the shares you hold or purchase new shares from the market. The share price of these listed companies and the value of NEPSE Index changes every day based on total demand and supply of shares in the market.
If you wish to get involved in the secondary market, you will need to open a transaction account at a stock broker’s office. There are currently 50 stockbrokers licensed by NEPSE while there are a few stock broker offices outside Kathmandu. Once you open an account with a stockbroker, they will provide you with a unique ID code via which all the transactions in your name will be executed.
To make a purchase or sale order you will simply have to call your stock brokers or visit their office to place an order, make sure you have the shares in your DMAT account before you place a sell order to your stockbroker. The stockbroker charges some commission as a brokerage fee for each transaction while you have also have to pay a capital gain tax of 5% if applicable while making sales.
If you are still confused and less confident about entering the market or you do not have time, energy and resources, do not worry as there are a number of professional licensed Portfolio Management Companies providing you with a full range of products and services under Portfolio Management Services (PMS). Based on your investment goals and expectations, these portfolio managers develop portfolios matching your risk appetite and invests in the capital markets on your behalf. The portfolio manager charges minimal annual and performance fees while these services offer you the opportunity to grasp the benefits of the capital markets. Moreover, you can also handover your existing portfolio to these portfolio managers for restructuring and further management.
All in all, as the stock market is constantly evolving and getting technical, retail investors are highly advised to seek professional advice and avoid making investments on herd mentality – invest wisely!