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NEPSE Rises 11.93 Points; Turnover Falls To Rs. 5.49 Billion
Excerpt: NEPSE gained 11.93 points to close at 2,624.36 on Thursday, with Rs. 5.49 billion worth of shares traded across 339 companies.
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Government Collects Rs. 183.20 Billion Revenue in First Two Months of FY 2083/84
The Government of Nepal collected Rs. 183.20 billion in total revenue by September 16, achieving 11.59% of its annual revenue target for FY 2083/84.
Bikash Hydropower Proposes 10.5263% Dividend for FY 2082/83
Bikash Hydropower has proposed a 10.5263% dividend for FY 2082/83 comprising 10% bonus shares and 0.5263% cash dividend for tax purposes.
Latest News
Two Upper Hewakhola Hydropower Shareholders Plan to Sell 134,601 Shares
Two basic shareholders of Upper Hewakhola Hydropower plan to sell a combined 134,601 shares within the next three months.
Siddhartha Bank Proposes 20% Dividend for FY 2082/83
Siddhartha Bank has proposed a 20% dividend for FY 2082/83 comprising 10% bonus shares and 10% cash dividend, subject to regulatory and shareholder approval.
176.1 MW of Hydropower Generation Uncertain After Trishuli 3B Hub Damage
Electricity generation from 176.1 MW of hydropower projects in the Trishuli Corridor remains uncertain after floods damaged the Trishuli 3B Hub with NEA planning an alternative transmission route.
Finance Minister Wagle Begins Three-Day India Visit for Economic and Reconstruction Talks
Finance Minister Swarnim Wagle has begun a three-day visit to India to discuss Nepal-India economic cooperation, post-disaster reconstruction, trade and broader bilateral issues.
India Positive on Supplying 160 Additional LPG Bullets to Nepal
India has expressed a positive response to Nepal’s request for 160 additional LPG bullets as the government seeks to ease the ongoing cooking gas shortage in Kathmandu Valley.
Gold Price Falls by Rs. 2,300 to Rs. 299,500 per Tola
Gold prices declined by Rs. 2,300 per tola in the domestic market today while silver prices fell by Rs. 60 per tola.
Nabil Bank Calls 42nd AGM, Proposes 15.80% Dividend
Nabil Bank has called its 42nd AGM for Ashoj 22, where shareholders will consider a 15.80% dividend for FY 2082/83, including 5% bonus shares and 10.80% cash dividend.
Average Deposit Rates Decline Further in Ashwin 2083
Average fixed deposit rates at Nepal’s commercial banks declined further in Ashwin 2083 with Prabhu Bank offering the highest individual deposit rate at 4.55%.
Mandu Hydropower Re-appoints Ravindra Lal Shrestha as Chairman
Mandu Hydropower has re-appointed Ravindra Lal Shrestha as Chairman of its Board of Directors following a board meeting held on Bhadra 30, 2083.