Kathmandu. Prime Minister KP Sharma Oli has said that Nepal will be upgraded to a medium economy by 2022 in line with the UN development goals. He said this while giving a video message on the occasion of English New Year 2021.
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Kathmandu. Nepal Stock Exchange (NEPSE) has enthusiastically welcomed the New Year 2021. On Sunday, the first trading day of 2021, the Nepse index increased by 88.12 points and stopped at 2175.39 points. The year 2020 was also bid farewell with an increase of 25 points.
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Kathmandu. Global IME Bank has entered its 14th year of establishment. The bank's current paid-up capital will be around Rs 19 billion (more than Rs 21 billion after the proposed 14% bonus) and a reserve fund with a primary capital of Rs 27.24 billion, total...
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Kathmandu. The IPO is in the pipeline of 58,182,836 lots worth Rs 5.82 billion ready to be listed in the stock market.Most of the companies in the Securities and Exchange Board's pipeline are hydropower companies. There is also an insurance...
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Kathmandu. If the government does not connect the transmission line on time, around Rs 900 billion investment of banks will be at risk. The failure of the Nepal Electricity Authority (NEA) to construct the transmission line on time, amend the provisions in the law in...
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Kathmandu. The price of bonus shares of Nepal Bank and NMB Bank has been adjusted. Nepse has fixed the price at Rs 331 per share after adjusting the price of 12 percent bonus shares of Nepal Bank. Nepse has adjusted the price based on the last trading...
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Kathmandu, Machhapuchhra Bank Limited has brought 6 more branchless banking services in different parts of the country. The bank is located in Suryavinayak Napa-03 of Bhaktapur district, Balkot, Naraha VDC-03 of Siraha district, Naraha, Ekdara VDC-05 of Mahottari district, Kolhuwa Bagaiya, Khatyad VDC-11 of Mugu...
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Kathmandu. The Nepal Stock Exchange (NEPSE) index closed higher on Wednesday. The market had been booming since it opened.A total of 991,003 shares of 208 companies have been bought and sold for Rs 4.44 billion. Shares of Salt Trading Corporation...
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Kathmandu. Lakshmi Equity Fund's net asset value (NAV) per unit has increased. The value of own property has increased in November as compared to November. The net asset value of the scheme has increased from Rs 11.48 per unit till mid-November to Rs 12.55 per...
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Kathmandu, Nepal Investment Bank has announced its annual general meeting on January 25. The bank will propose to distribute 13 percent bonus shares and 5.50 percent cash dividend at the general meeting.Apart from these, there is also a proposal to...
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Kathmandu. Nepse has risen by 5.57 points and stood at the point of 2012.89. Non-life insurance, manufacturing sector, microfinance and other sectors have been sub-indicators.A total of 8 million 1 thousand 3 hundred and 14 shares of 2900 companies were traded...
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Kathmandu, Nepal Rastra Bank is selling treasury bills worth Rs 2.10 billion today.According to the NRB, the treasury bill of Rs 2 billion is being sold for 364 days. The bill will mature on January 29, 2010.Similarly, the treasury bill of...
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Kathmandu, After the declaration of dividend for the Fiscal Year 2076/77, the paid up capital of 15 commercial banks has exceeded Rs. 10 billion. The capital of Rastriya Banijya Bank, which is yet to declare dividend, is likely to reach even higher. Of the remaining...
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Kathmandu, On Sunday, the first trading day, the Nepse index down 39.98 points and closed at 1998.65 points.A total of 81,77,353 shares of 204 companies have been bought and sold at a value of Rs 4.62 billion today. Nepal Life Insurance Company Limited has...
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Kathmandu. Prabhu Capital Limited has demanded employees. Capital has demanded employees for the post of mutual fund scheme manager. Interested and qualified Nepali citizens can apply by contacting Capital.
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