Posted inBusiness | Market | Economy ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB. Posted by By Mero Share April 12, 2023 ICRA Nepal Limited has confirmed NIC Asia Bank Limited's grade. The rating has been…
Posted inBusiness | Market | Economy For the month of Baishakh, the NBA has decided to reduce interest rates to single digits. Posted by By Mero Share April 12, 2023 According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would…
Posted inBusiness | Market | Economy Development banks have decided to lower the interest rate on fixed deposits Posted by By Mero Share April 12, 2023 During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved…
Posted inIPO | FPO The Makar Jitumaya Suri Hydropower IPO has concluded. Posted by By Mero Share April 12, 2023 Makar Jitumaya Suri Hydropower Company Limited's first public offering (IPO) was completed today at Prabhu…
Posted inBusiness | Market | Economy The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies Posted by By Mero Share April 12, 2023 The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on…
Posted inIPO | FPO Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE Posted by By Mero Share April 12, 2023 NEPSE has listed 80,25,000 unit IPO shares of Molung Hydropower Company Limited. This comprises…
Posted inNEPSE NEWS The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100 Posted by By Mero Share April 12, 2023 The NEPSE index closed at 1,963.55 today, up 92.22 points from the previous trading day's…
Posted inDividend There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79. Posted by By Mero Share April 11, 2023 Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in…
Posted inBusiness | Market | Economy The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability. Posted by By Mero Share April 11, 2023 Hathway Investment Nepal Limited (Hathway), Nepal's first private-equity investment firm, generated Rs. 1277 million in…
Posted inBusiness | Market | Economy Because of the Liquor Industry’s Boom and Bust Period Posted by By Mero Share April 11, 2023 Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated…
Posted inBusiness | Market | Economy Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23. Posted by By Mero Share April 11, 2023 Nepal Rastra Bank (NRB), Nepal's central bank, has released the country's current macroeconomic and…
Posted inNEPSE NEWS The NEPSE Index rises 27.31 points to close at 1,871.33. Posted by By Mero Share April 11, 2023 The NEPSE index closed at 1,871.33 today, up 27.31 points from the previous trading…
Posted inGold | Silver | Forex Today’s gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5. Posted by By Mero Share April 11, 2023 Today's gold price has risen by Rs. 500 in the domestic market. According to…
Posted inIPO | FPO The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday. Posted by By Mero Share April 11, 2023 Makar Jitumaya Suri Hydropower Company Limited's initial public offering (IPO) will take place this…
Posted inBusiness | Market | Economy Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares Posted by By Mero Share April 10, 2023 Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory…