Reliance Spinning Mills Limited has announced that the six-month lock-in period on 770,640 shares allotted to Qualified Institutional Investors (QIIs) will expire on Bhadra 1, 2083, making the shares eligible for trading on the Nepal Stock Exchange.
Nepal's banking sector is witnessing a sharp rise in deposits and excess liquidity, but weak credit demand from businesses and households is limiting lending growth, highlighting sluggish economic activity despite historically low interest rates.
Nepal's annual consumer inflation rose to 5.04 percent by mid-June, driven mainly by higher prices of fruits, edible oils, transport, and services, but remained within the Nepal Rastra Bank's 5.5 percent policy target.
Share-backed lending by banks and financial institutions has risen sharply as improving stock market activity, ample liquidity, and historically low interest rates encourage investors to borrow for equity investments.
Finance Minister Dr. Swarnim Wagle has appointed FCA Bhojan Aryal as his unpaid Revenue Advisor, expressing confidence that Aryal's expertise will help the government achieve its ambitious revenue collection target of Rs 1.6 trillion.
Following a tense protest outside the Securities Board of Nepal (SEBON), Chairman Gopal Prasad Bhatt has invited five representatives of the protesting investors for talks aimed at discussing a concrete rescue plan for Nepal's struggling stock market.
Gold and silver prices declined in the Nepali market on Tuesday, with gold falling by Rs 1,200 per tola and silver dropping by Rs 15 per tola, continuing their recent downward trend.
Nepal recorded a sharp rise in foreign tourist arrivals in June 2026, but tourism earnings failed to keep pace, while spending on overseas education continued to far exceed the country's tourism income, exposing growing pressure on the nation's foreign exchange reserves.
The United States launched a third consecutive night of military strikes on Iranian targets, prompting Iran to retaliate with missile and drone attacks across the Gulf, including against oil tankers and US military facilities, further escalating regional tensions and disrupting global energy markets.
Power generation at the 111 MW Rasuwagadhi Hydropower Project has been temporarily suspended after rising water levels and a mud-laden flood in the Lhende Khola raised concerns over the safety of project infrastructure.
Nepal Rastra Bank's latest financial performance report shows commercial banks earned a combined Rs. 64.56 billion in net profit by the end of Jestha, with Nabil Bank leading the sector, while Garima Bikas Bank topped development banks.
Heavy rainfall has caused the Modi Khola to overflow, washing away part of the Nayapul–Birethanti–Ghandruk road, damaging homes and businesses, and disrupting travel to the Annapurna trekking region.