Laxmi Sunrise Capital has been appointed as the issue manager for Genesis Ventures’ upcoming IPO of 2.5 million shares.
Gold dropped to Rs 290,500 per tola on Wednesday, while silver rose slightly to Rs 5,080 per tola.
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for Tuesday, fixing the US Dollar buying rate at Rs 152.08 and selling rate at Rs 152.68. The central bank noted that rates may fluctuate based on market conditions and commercial bank policies.

Muktinath Bikas Bank (MNBBL) has upgraded its 'Muktinath Fada App' with a new self-renewal feature, allowing users to instantly renew their mobile banking services and update vital personal details like NID, PAN, and email directly from home.
Reversing yesterday’s rally, NEPSE dropped 9.24 points to close at 2,777.10, backed by a Rs 4.85 Arba daily turnover.
The House of Representatives meets today to advance the Tourism Bill and the National Forensic Laboratory establishment pact.
Sanigad Hydro Limited has altered its IPO timeline, shifting the public subscription window to Jestha 18–21.
Sanima Reliance Life is offering a 100% late fee waiver from Jestha 11 to 31 to help customers revive lapsed policies.
Snow Rivers Limited’s IPO concluded via lottery, allotting 10 units each to 77,812 lucky applicants out of 2.55 million.
Kalinchowk Hydropower successfully executed its first NEPSE trade at the upper ceiling of Rs 300 per share on Tuesday.
DDC prioritized farmers' dues by cutting employee perks and internal costs, dispersing Rs 160 million within the last twenty days.
Domestic gold prices fell to Rs 291,500 per tola, while silver slid to Rs 5,060 amid Tuesday's market correction.