The NEPSE index declined today. On Monday, NEPSE fell by 27.90 points to reach 2,822.46 points. In today’s trading, shares of 324 companies amounting to 25,092,490 units were bought and sold for a total of Rs. 10,21,01,42,308, according to NEPSE. Today, River Falls Power’s share price increased by 9.99 percent, while Panchakanya Mai Hydro’s share rose by 6.87 percent. Similarly, the share price of Unnati Laghubitta decreased by 7.64 percent. According to NEPSE, the highest turnover today was from Shivam Cement at Rs. 53.88 crore, followed by Himalayan Reinsurance with Rs. 42.83 crore.
On the first trading day of the week (Sunday), gold prices in Nepal have declined. According to the Federation of Nepal Gold and Silver Dealers’ Associations, hallmark gold fell by NPR 200 per tola, bringing the price to NPR 199,200 per tola. On Friday, hallmark gold was traded at NPR 199,400 per tola. Meanwhile, silver prices have increased, with silver trading at NPR 2,330 per tola today.
Nepal Rastra Bank has set the official foreign exchange rates for Thursday. According to the central bank: 1 US Dollar: Buying rate – NPR 140.08, Selling rate – NPR 140.68 1 Euro: Buying – NPR 162.66, Selling – NPR 163.36 1 UK Pound Sterling: Buying – NPR 186.71, Selling – NPR 187.51 1 Swiss Franc: Buying – NPR 173.66, Selling – NPR 174.40 1 Australian Dollar: Buying – NPR 91.14, Selling – NPR 91.53 1 Canadian Dollar: Buying – NPR 101.89, Selling – NPR 102.33 1 Singapore Dollar: Buying – NPR 108.91, Selling – NPR 109.38 10 Japanese Yen: Buying…
The High Court Tulsipur, Nepalgunj bench has ordered judicial custody for three individuals arrested in connection with a large-scale financial fraud at Karnali Development Bank Limited, which has its head office in Nepalgunj. According to court information officer Bal Bahadur Bisht, the bench comprising Judges Chandrabahadur Saru and Poonam Singh Chand issued the remand order on Wednesday for the bank’s former Chief Executive Officer Rajendra Bir Rai, former Chairman Pashupati Dayal Mishra, and employee Bed Prakash Singh Thakuri. Meanwhile, the court granted conditional release to Bhuvan Basnet, a former Nepal Rastra Bank employee who had been assigned to supervise the…
On the fourth trading day of the week, Wednesday, the Nepal Stock Exchange (NEPSE) index closed with a slight decline. The NEPSE index fell by 1.94 points, settling at 2832.06. On Tuesday, it had dropped by 41.78 points to close at 2833.57. A total of 21,657,706 shares of 320 scripts were traded on Wednesday, amounting to Rs 7.63 billion. This is lower compared to Tuesday's total trading value of Rs 9.33 billion. Shares of three companies hit the positive circuit level, while shares of two others rose by more than 7%. Vin Nepal Microfinance, Mahuli Microfinance, and Trade Tower hit…
Jayant Srivastava, a stockbroker, has been arrested on charges of embezzling funds related to share transactions. According to an official from the Kathmandu District Police Office, Srivastava was taken into custody on Wednesday for investigation following complaints that he failed to pay Rs 110 million due from share dealings. Srivastava, who is also the General Manager of Sipradi Securities, was accused of fraud by Mita Murarka Agarwal and Jyoti Agarwal for not settling the amount owed to them. Police stated that he is currently in custody and legal proceedings have been initiated for further investigation.
The ‘NAIMA Nepal Mobility Expo 2025’, Nepal’s biggest automobile exhibition organized by the Nepal Automobile Importers and Manufacturers Association (NAIMA), officially began today at Bhrikutimandap, Kathmandu. The event was inaugurated by Deputy Prime Minister and Finance Minister Bishnu Paudel. More than 50 automobile brands are participating in the expo, where 35 new vehicle models are set to be unveiled — including 15 two-wheelers, 15 four-wheelers, and 5 commercial vehicles, according to NAIMA. In addition to the exhibition, the organizers have launched a special online competition targeting the event. Participants who upload creative videos related to the NAIMA Auto Expo on…
Nepal Rastra Bank (NRB) has announced the foreign exchange rates for today. According to the central bank, the buying rate for 1 US Dollar is NPR 140.19 and the selling rate is NPR 140.79. Here are some key exchange rates published by NRB: Major Currencies: Euro (EUR): Buying – NPR 161.84 | Selling – NPR 162.53 Pound Sterling (GBP): Buying – NPR 186.14 | Selling – NPR 186.93 Swiss Franc (CHF): Buying – NPR 173.03 | Selling – NPR 173.77 Australian Dollar (AUD): Buying – NPR 90.55 | Selling – NPR 90.94 Canadian Dollar (CAD): Buying – NPR 101.59 |…
Kathmandu, Aug 5 (RSS): Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Tuesday, determining the buying and selling rates of major international currencies. According to NRB, the exchange rate for one US dollar has been fixed at NPR 139.96 for buying and NPR 140.56 for selling. The buying and selling rates for some key currencies are as follows: Euro (EUR): Buying at NPR 162.07, selling at NPR 162.77 British Pound Sterling (GBP): Buying at NPR 186.23, selling at NPR 187.03 Swiss Franc (CHF): Buying at NPR 173.41, selling at NPR 174.15 Australian Dollar (AUD): Buying at…
Nepal Rastra Bank has published the official foreign exchange rates for today. According to the central bank: The buying rate of 1 US Dollar is NPR 139.77, and the selling rate is NPR 140.37. The Euro is being bought at NPR 161.93 and sold at NPR 162.63. The UK Pound Sterling buying rate is NPR 185.61, and the selling rate is NPR 186.40. The Swiss Franc is set at NPR 173.84 (buying) and NPR 174.59 (selling). The Australian Dollar is exchanged at NPR 90.53 (buying) and NPR 90.92 (selling). The Canadian Dollar rate is NPR 101.37 (buying) and NPR 101.81…