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ECONOMY

41 climbers obtain permits to scale Mt Kanchenjunga so far t...

Kanchenjunga is typically climbed from the third to the second week of the Nepali month of Baisakh (late April to early May).
2 days ago
ECONOMY

NEPSE inches up after four days of decline, trading volume r...

Out of the traded stocks, 83 companies saw gains, 161 declined, and one remained unchanged. 
2 days ago
ECONOMY

Udayapur Cement resumes operations amid legal and administra...

The plant ceased all activities in late November 2024. Sah said production resumed despite court orders and resistance from employees. Clinker production is expected to begin after eight hours of continuous machine operation. The plant aims to produce approximately 400 metric tons of clinker daily.
2 days ago
ECONOMY

IPO allotment of Pure Energy concludes, 1.727 million applic...

The Initial Public Offering (IPO) of Pure Energy Limited has been allotted. The share issuance and sales manager, Nabil Investment Banking Limited, conducted the allotment on Thursday.
2 days ago
ECONOMY

Ghimire new CEO of NMB bank

Govinda Ghimire, who has been appointed as the Chief Executive Officer (CEO) of NMB Bank, has officially assumed his duties.
2 days ago
ECONOMY

NEPSE loses 32.38 points as market declines for fourth conse...

All sub-indices, except mutual funds, contributed to the market decline. While the development banks’ sub-index saw the highest drop, falling by 2.09 percent, investors in 217 listed companies suffered losses.
3 days ago
ECONOMY

Nepal, India reach agreement to expand cross-border transmis...

The Minister for Energy, Water Resources and Irrigation, Deepak Khadka, and India's Minister for Power, Housing and Urban Affairs, Manohar Lal Khattar, has signed an important agreement for the expansion of the cross-border transmission line between Nepal and India.
3 days ago
ECONOMY

Bagmati province govt spends 32% of budget in nine months of...

The provincial government spent 28.24 percent of the capital budget and 40.51 percent of the recurrent budget between mid-July and mid-April.
3 days ago
ECONOMY

Govt to set up Rs 100 billion Alternative Finance Fund

The government has decided to establish an Alternative Development Finance Fund with an authorized capital of Rs 100 billion and a paid-up capital of Rs 25 billion to mobilize investment in the infrastructure sector. 
4 days ago
ECONOMY

Bhattarai quits governor selection panel, cites lack of purp...

"There was no reason to stay since the committee wasn’t functioning," he said.
4 days ago