Latest News
SEBON Approves Laxmi Sunrise Bank's 7% Debenture Worth Rs 3 Arba
The Securities Board of Nepal (SEBON) has granted official approval to Laxmi Sunrise Bank Limited for the issuance of its "10 yrs, 7% Laxmi Sunrise Debenture 2092." The massive bond issue, worth Rs 3 Arba, will offer investors an annual yield of 7% over a 10-year maturity period, with Machapuchhre Capital Limited managing the public and private allocations.
2 months ago
NEPSE Rebounds Sharply by 44 Points, Snapping Seven-Day Losing Streak
The Nepal Stock Exchange (NEPSE) marked a strong recovery today, advancing by 44.59 points to close at 2,652.92 and breaking a consecutive seven-day downward trend. Total market turnover reached Rs. 3.86 Arba, fueled by a 14.99% positive circuit limit hit by Snow Rivers Limited (SNORL), while Laxmi Sunrise Bank Limited (LSL) spearheaded the individual volume charts.
2 months ago
NRB Fixes Foreign Exchange Rates; US Dollar Selling Rate at Rs 151.76
Nepal Rastra Bank (NRB) has announced the official foreign exchange rates for Wednesday, determining the purchase and selling benchmarks for major global currencies. Under the latest updates, the US Dollar buying and selling rates stand at Rs 151.16 and Rs 151.76 respectively, while the Indian Rupee continues its peg with a fixed purchase rate of Rs 160 per 100 INR.
2 months ago
Nepal's First Road Tunnel Enters Final Prep for Saun Operation
The Naagdhunga Tunnel, Nepal's pioneering road tunnel project, is undergoing final technical and safety evaluations ahead of its scheduled commercial opening in the month of Saun. Built with a budget of approximately Rs 22 billion—largely funded by the Japanese government through JICA—the 2.68-kilometer infrastructure project successfully tested its specialized maintenance and rescue fleets to ensure operational readiness.
2 months ago
Petrol Pumps Create Artificial Shortage Following NOC Price Cut
A widespread shortage of petroleum products has hit Kathmandu and other parts of the country after local petrol pumps refused to lift fuel from depots, fearing financial losses due to Tuesday's massive price cuts by the Nepal Oil Corporation (NOC). In response to the growing disruption and 'No Petrol' signs, NOC has deployed monitoring teams with strict authorization to immediately seal non-compliant stations.
2 months ago
Kalanga and Sanigad Hydropower IPOs Listed on NEPSE
The Nepal Stock Exchange (NEPSE) officially listed the Initial Public Offerings (IPOs) of Kalanga Hydro (KAHL) and Sanigad Hydro Limited (SGHL) on Wednesday, Asar 17. A combined total of 42.5 million shares were listed between the two companies, with regular trading scheduled to commence this Thursday following their designated special pre-open sessions.
2 months ago
Gold and Silver Prices Decline in Nepalese Market
The domestic precious metals market in Nepal witnessed a downward trend on Wednesday, Asar 17, as both gold and silver prices registered losses. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold dropped by Rs 600 per tola, while silver prices decreased by Rs 15 per tola, continuing a recent streak of price declines.
2 months ago
Financial Disclosure Reveals President Trump Earned Over $1 Billion From Cryptocurrency Ventures
According to his mandatory 927-page financial disclosure for 2025, US President Donald Trump accumulated more than $1 billion in earnings from cryptocurrency dealings. Despite severe ethics criticisms regarding blatant conflicts of interest, the White House has heavily dismissed the claims, maintaining that the President's actions serve the American public and have successfully positioned the country as the global crypto capital.
2 months ago
NASA Satellite Analysis Indicates Over 58,000 Buildings Damaged in Venezuela Quakes
A preliminary satellite data assessment published by NASA reveals that more than 58,000 buildings were likely damaged or destroyed after twin earthquakes measuring magnitudes 7.2 and 7.5 hit Venezuela. The historic disaster has left approximately 1,700 people dead and thousands more missing across the South American nation.
2 months ago
NOC Slashes Fuel Prices; Petrol Drops by Rs 20, Cooking Gas Down by Rs 100
The state-owned Nepal Oil Corporation (NOC) has announced a significant reduction in the retail prices of major petroleum products and cooking gas. Driven by its automated pricing mechanism and declining procurement costs from India, the rate cuts bring widespread relief to consumers, with petrol prices slashed by Rs 20 per liter and cooking LPG reduced by Rs 100 per cylinder.
2 months ago
US and Iran Agree to De-escalate and Resume Diplomatic Talks in Doha
Following days of intense military exchanges around the strategic Strait of Hormuz, the United States and Iran have agreed to temporarily cease all kinetic activities. High-level delegations from both nations are scheduled to resume critical diplomatic talks in Doha, Qatar, to stabilize the region and rescue a fragile ceasefire agreement.
2 months ago
Over 11 Million Bonus Shares of NMB Bank, NIL, and Super Mai Hydropower Listed in NEPSE
The Nepal Stock Exchange (NEPSE) has successfully listed the newly issued bonus shares of NMB Bank Limited, Neco Insurance Limited, and Super Mai Hydropower Limited following approvals from their respective Annual General Meetings (AGMs) for the fiscal year 2081/82.
2 months ago