Kathmandu. Additional broker companies will be licensed for securities trading. For this, the Nepal Securities Board (Cebon) is making final preparations to make new policy arrangements by amending the Securities Dealers Regulations-2064 BS.Bhishma Raj Dhungana, chairman of the board, informed...
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Kathmandu. The Kumari Equity Fund, which operates under the Kumari Collective Investment Fund, has made public its unrevised financial statements up to mid-July. According to the public financial statement, the scheme has made a profit of Rs. 71.681 million so far.
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Kathmandu. On Thursday, the last trading day of the year, the Nepse index closed above 3,000 points. Today, the Nepse index increased by 18.75 points and closed at 3,004.31 points.On the same day, the Sensitive Index rose by 4.06 points...
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Kathmandu. Nepal Rastra Bank has launched a mobile app. In a virtual program held on Wednesday, Deputy Governor Dr. Neelam Dhungana Timsina inaugurated the mobile app.The bank has stated that regular information, foreign exchange rate, study report, statistics and other...
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Kathmandu. Commercial banks have become terrorized after the list of banks targeted by hackers with threats to hack Nepal's banking system became public. The list of 15 commercial banks targeted by hackers was made public on Wednesday. Nepal Rastra Bank spokesperson Dev Kumar Dhakal and...
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China has banned many Americans, including US Commerce Secretary Wilbur Russell. He made the announcement on the eve of US Deputy Secretary of State Wendy Sherman's visit to China. The ban, imposed by a Chinese diplomat who is believed to be a confidante of US...
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Kathmandu. Two investors' organizations have asked Finance Minister Janardan Sharma to continue the 10-point policy in the IPO. The Nepal Investors Forum and the Share Investors Association have jointly met Finance Minister Sharma and made such a demand.Representatives including Investors...
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Italy has made history by winning Europe's biggest competition 'Euro Cup 2020'. Italy beat England 3-2 in a 1-1 draw in regulation time and a tie-breaker in extra time.Convinced, tense and in a friendly atmosphere, the minds of the English...
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Kathmandu. The IPO of Manakamana Smart Microfinance Financial Institution Limited will be held on Monday morning. The company has sold 363,492 shares to the public through IPO.A total of Rs. Of the 389,000 IPOs, the company has distributed 6,058 units...
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Kathmandu. Himalaya Reinsurance Company, which is wholly owned by the private sector, has received final approval from the Insurance Committee to run its business. The Insurance Committee gave final approval to the company last Thursday for conducting business.The committee had...
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Kathmandu. Loans up to 90 percent of the surrender price can be obtained by pledging a life insurance policy. In order to get a loan on policy collateral, you have to have completed 3 years of life insurance.Such provision has...
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Kathmandu. The attraction of investors has increased in the development banks which have increased their earnings per share by 9EPS. The Development Bank sub-index has increased the most in the share market on Thursday alone. The sub-index of the development bank has increased by 89.57...
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Kathmandu. The Financial Sector Employees Union (FEAU), an organization of employees of banks and financial institutions, has announced agitation programs against the Social Security Fund. FEAN has announced the agitation saying that they are being included in the fund so that the services provided to...
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Women in northern and central Afghanistan have taken to the streets carrying weapons against the Taliban insurgency. The Taliban have recently taken control of about a third of Afghanistan's districts since the withdrawal of US and NATO troops.Hundreds of...
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Kathmandu. The U.S. military is conducting a clinical trial of a drug that could prevent aging. This anti-aging pill will also help the wound to heal faster.The drug was developed by the US Army's Special Operations Command. The U.S. Department...
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