
The six-month lock-in period for 214,500 ordinary shares allocated to mutual funds of Sopan Pharmaceuticals will expire on Kartik 16, 2083.
Nepal Rastra Bank will collect Rs. 20 billion in deposits from banks and financial institutions through a bidding process today to manage excess liquidity in the financial system.
The Nepal Stock Exchange (NEPSE) declined by 4.82 points on Wednesday, extending its losing streak for a second consecutive session. Total turnover stood at Rs. 4.76 arba, with Ghalemdi Hydro leading the turnover chart.
The number of Demat accounts in Nepal has surpassed 8.09 million, while active Mero Share accounts have crossed 5.12 million, reflecting continued participation in the capital market.
NEPSE has adjusted the share prices of Nabil Bank and Garima Bikas Bank following their book closures for bonus share distribution and AGM purposes.
Gold prices climbed by Rs. 2,800 per tola, while silver gained Rs. 30 in the domestic market on Wednesday.
The Department of Transport Management wants advance ticket booking for Dashain to open before Ghatasthapana, while transport operators are reluctant due to severe damage to major highways caused by recent floods and landslides.
Floods have disrupted power generation from hydropower projects with more than 1,000 MW capacity, prompting Nepal to import 251 MW of electricity from India to meet domestic demand.
A bill introduced in the House of Representatives seeks to revive provisions altered by the Public Officials Dismissal Ordinance, potentially restoring the three-year tenure of the expert member of the Securities Board of Nepal (SEBON).
The government is preparing legal amendments to provide relief, death registration, insurance claims, and property transfer facilities to families of people who go missing in floods, landslides, and other disasters, even when their bodies are not recovered.
The Nepal Stock Exchange (NEPSE) declined by 9.62 points (0.36%) to close at 2,603.71, extending its losing streak for a second consecutive session.
Nepal has been selected to serve a one-year term as Vice Chair representing the non-regional member countries of the Asian Infrastructure Investment Bank (AIIB).