The National Transmission Grid Company Limited has initiated the approval process for the 400kV Bajhang–Banlek (West Seti) transmission line, a major project designed to evacuate up to 2,500 MW of electricity from western Nepal.
The Nepal Stock Exchange (NEPSE) declined by 13.82 points (0.51%) on Thursday to close at 2,654.15, erasing the previous session's gains, while only the Trading sector ended higher.
Gold and silver prices witnessed a sharp rise in Nepal on Thursday (Shrawan 21), with gold climbing Rs. 8,000 per tola and silver increasing Rs. 95 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
The Ministry of Finance has published the revised salary scale and allowances for government employees, effective Shrawan 1, FY 2083/84, following the Cabinet's approval of a 10% salary hike and an additional 10% monthly incentive allowance.
The Securities Board of Nepal (SEBON) is preparing to restart the stalled IPO approval process by evaluating all pending and new applications under the Financial Statement Review Standards, 2081, while separate committees work on long-term market reforms.
Nepal Telecom (NTC) has announced a full waiver of late payment penalties for customers with outstanding service dues up to FY 2080/81, provided they clear their payments by the end of Poush 2083 BS.
Nepal Rastra Bank (NRB) has introduced a revised Open Market Operations Procedure, 2083, replacing paper-based processes with online bidding while imposing stricter penalties on banks that fail to comply with operational rules.
Shareholders who held Nepal Life Insurance shares as of Poush 7, 2082 BS have now received their 5% bonus shares directly into their respective Demat (beneficiary) accounts.

Everest Bank Limited reported a 4.75% year-on-year increase in net profit to NPR 5.07 billion for FY 2082/83, supported by growth in deposits and lending despite higher impairment charges.
Gold prices in Nepal rose sharply on Wednesday, with fine gold increasing by Rs. 4,200 per tola to Rs. 288,000, while silver also gained Rs. 95 per tola.
The Nepal Stock Exchange (NEPSE) ended Wednesday's trading session 4.79 points higher at 2,667.97, with Solu Hydropower Limited leading both turnover and gainers.

Kathmandu continues to struggle with disorganized telephone, internet, and electricity cables despite government directives to complete cable management by Shrawan 15, with authorities now seeking an additional 15 days to finish the work.