Nepal Breaking News

NEPSE rises by 29.24 points, reaching a new high

On Tuesday, the Nepal Stock (NEPSE) index rose 29.24 points to an all-time high of 3079.67 points. Today, 32.35 million shares from 225 firms were exchanged, resulting in a Rs 15.17 billion turnover. Similarly, banking has dropped 3 points, trade...

1xbet.com and other betting sites being banned in Nepal

The Nepal Rastra Bank (NRB) has directed that multiple unlawful betting internet services, including 1XBet in Nepal, be closed down. While Nepal Police is looking for people involved in illicit betting, the NRB has written to the Nepal Telecommunications Authority...

Sanima Life Insurance IPO of 6 million units going public on August 4th.

Sanima Life Insurance Company will begin releasing initial public offerings (IPOs) on August 4th. The company would 6,000,000 million IPOs for Rs 600,000,000 at a price of Rs 100 per share. 300,000 (5%) units of shares have been set aside...

TVS NTORQ 125 Race Edition – New Model made public

The official distributor of Motors in Nepal, Jagdamba Motors, has unveiled a new version of the NTORQ Scooter, a virtual launch of the NTORQ Race Tund FI. This NTORQ series scooter is powered by a BS6 standard RT...

The number of Nepali workers seeking foreign employment has sharply decreased.

In fiscal year 2077/78, the number of people seeking foreign employment decreased significantly. Only 1,66,305 people went abroad for work in fiscal year 2077/78, according to the Department of Foreign Employment. In the preceding fiscal year 2076/77, around 3,68,413...

Manushi Laghubitta to come up with IPO on August 11

On August 11, Manushi Laghubitta Bittiya Santha Limited will launch an initial public offering (IPO). The company is preparing to launch 393,750 IPOs valued Rs 39,375,000. Of the total primary shares, 5,469 units (0.5%) have been set aside for company employees,...

Finance Minister says the economy’s true picture will be shared with citizens

Minister for Finance Janardan Sharma has said that his announcement to release a whitepaper on the country’s economy to share the real status of the economy to the has created unnecessary havoc among a section of the people. At...

Credit-X is implemented by Progressive Finance Ltd.

Progressive Finance Ltd. partnered with S.B Solutions, an associate company of DigiHub Pvt. Ltd., to implement and go live with the Credit-X (Loan Automation System) to automate and digitise processes such as Internal Loan Workflow, Risk Assessment, Credit Documentation,...

Vice President Chaudhary will run for president of the NADA Automobiles Association.

Karan Chaudhary, the incumbent Vice President of the NADA Automobiles Association, has launched his candidacy for President at the forthcoming annual general assembly. Chaurdhary, the Executive Director of CG Holdings and CG MotoCorp, announced his candidacy on Monday via a...

The Nepali Congress Special Committee advises the Finance Minister to implement policies to deter young migration.

A Special Committee of the Nepali (NC) focused on investment, infrastructure, and employment perspectives, as well as long-term sustainable projects, has urged Finance Minister Janardan Sharma to introduce a policy to prevent the flow of migrant youths to...
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