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Featured Apr 21, 2026

Monetary Management: NRB Opens Bidding for NPR 40 Arba Deposit Collection

To manage the excess liquidity in the banking system, Nepal Rastra Bank (NRB) is set to withdraw NPR 40 billion through a deposit collection instrument for a period of 160 days. The central bank is utilizing this tool as loan demand remains sluggish despite high deposit levels.

A Fragile Peace: Trump Grants Indefinite Ceasefire Extension Amid Iranian Leadership Shifts

US President Donald Trump announced on Tuesday that he will extend the two-week ceasefire with Iran, which was scheduled to expire Wednesday night. However, Trump clarified that the naval blockade and military sanctions against Iran will remain in full force despite the pause in active combat.

4 months ago

Manjushree Finance Reports Strong Q3 Growth; Net Profit Hits NPR 21.89 Crore

Manjushree Finance (MFIL) has reported a significant 27.93% increase in net profit, reaching NPR 218.9 million for the third quarter of the current fiscal year. The finance company also posted a robust distributable profit of NPR 305.4 million, with an earnings per share (EPS) of NPR 21.60.

4 months ago

IPO Alert: Sarvottam Paints Industries Announces Opening Date for Foreign Employment Category

Sarvottam Paints Industries Limited is opening its Initial Public Offering (IPO) on May 4, 2026 (Baishakh 21), specifically targeting Nepali citizens currently employed abroad. Eligible investors can apply for a minimum of 10 shares and a maximum of 5,000 shares.

4 months ago

Himalayan Re-Insurance Limited Reconstitutes Board Following Four Resignations

HRL has appointed Dipak Kumar Mishra and Ashish Chandra Neupane to its Board of Directors to fill vacancies left by the resignations of four high-level members.

4 months ago

Tim Cook Retires as CEO: Hardware Chief John Ternus to Lead Apple into New Decade

Tim Cook will transition to Executive Chairman on September 1, 2026, with Hardware Engineering head John Ternus becoming Apple's new CEO.

4 months ago

Mahalaxmi Bikas Bank Partners with UnionPay and Fonepay to Expand QR Network

Mahalaxmi Bikas Bank now enables UnionPay QR payments across its network, simplifying digital transactions for international tourists and local merchants.

4 months ago

Snow Rivers IPO Allotment Concludes: Snow Rivers Distributes 9.37 Lakh Shares to Project-Affected Locals

Snow Rivers Limited allotted 937,500 units to project-affected locals yesterday, with 2,434 applicants receiving at least 170 units each.

4 months ago

Fonepay Reappoints CEO Diwas Kumar to Lead Strategic Expansion and 2026 IPO

Fonepay reappoints CEO Diwas Kumar for four years to drive cross-border payments and its upcoming 2026 IPO.

4 months ago

Solukhumbu Locals and Migrant Workers: Apply for Mount Everest Power IPO from Baishakh 17

Mount Everest Power is issuing 1,032,000 units to Solukhumbu locals and Nepalese abroad starting Baishakh 17, with a 10-unit minimum.

4 months ago

Last Call for Sopan Pharmaceuticals IPO: Subscription Closes Today

Today is the final day to apply for the 3,474,900 shares offered by Sopan Pharmaceuticals at Rs 100 per share.

4 months ago

Gold Price Surges by Rs 1,600; Silver Retreats Slightly in Nepal

Gold jumps by Rs 1,600 to reach Rs 301,300, while silver drops to Rs 5,160 today.

4 months ago

NEPSE Index and Turnover Witness Downward Trend on First Trading Day

The NEPSE index closed in the red this Monday, dropping over 13 points as market turnover also saw a significant decline compared to the previous session.

4 months ago