Latest News

Mutual Fund Profits Dip by 5.36% Despite Over NRs. 3 Billion Earnings

Among the 42 mutual funds in operation, 37 remained profitable while 5 incurred losses.

Saptakoshi Development Bank Puts 40,000 Promoter Shares Up for Sale

Both current promoter shareholders and the general public are eligible to submit bids to purchase the shares.

Dordi Khola Hydropower Extends Deadline for Auction Share Applications

Initially, the last date to submit bids for the auctioned shares was set for Jestha 19. Now, interested investors have until Jestha 20 to submit their applications.

Low Returns, High Investment: Government’s Stake in Public Enterprises Under Scrutiny

Nepal currently operates 45 public enterprises across sectors such as industry, services, utilities, and finance.

Prabhu Bank Launches "Prabhu Systematic Investment Scheme" Mutual Fund for Public

The "Prabhu Systematic Investment Scheme" is structured as an open-ended fund, providing flexibility for investors.

Financial Stress Deepens in Nepal’s Hydropower Sector as Over Half Reports Weak Book Value

On the other hand, Mandakini Hydropower Limited (MCHL) posted a dismal Rs. –45.03 EPS, underscoring significant financial strain.

Best Finance Company Joins NepalPay Network, Set to Issue Domestic Cards

The agreement was signed by Best Finance CEO Mr. BN Gharti and NCHL CEO Mr. Neelesh Man Singh Pradhan.

NIFRA Launches Rs. 5 Billion Green Energy Bond Offering 6% Annual Return

The total issue size is Rs. 5 billion, divided into 50 lakh units, each with a face value of Rs. 1,000.

Trade Tower Limited IPO Oversubscribed; Deadline Extended Till Jestha 20

his extension follows the SEBON guideline, which mandates that IPOs must remain open for at least four working days.

Former Karnali Development Bank CEO Arrested for Misuse of Rs. 1.26 Billion

He was taken into custody on charges of misusing bank funds worth Rs. 1.26 billion.

Nepal Unveils NRs. 1.964 Trillion Budget for FY 2082/83 Focused on Economic Revival and Structural Reform

Private Sector Welcomes Budget 2082/83, Calls for Effective Implementation

“Overall, this is a private-sector-friendly budget.”