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Kathmandu Metropolitan City allows schools to open conditionally

Kathmandu Metropolitan City has decided to allow all the schools inside the metropolis to conduct in-person classes conditionally, with effect from September 26. A meeting presided over by KMC Mayor Bidya Sundar Shakya, who is also chairperson of the Municipal Education Committee, took this decision.   Only schools that adhere ...

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Nepal resumes on-arrival visa services for foreign nationals

Nepal has resumed on-arrival visa services for foreign nationals visiting the country. According to the New Order issued by the Ministry of Culture, Tourism and Civil Aviation for the management of people traveling to Nepal, those willing to visit Nepal can apply for on-arrival visa from any of the entry ...

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Sanima Bank and Machhapuchchhre Bank Propose Dividend for FY 2077/78; How Much in Bonus Shares and Cash?

Sanima Bank Limited (SANIMA) has proposed a 17.89% dividend for the fiscal year 2077/78. The meeting of the board of directors held today has proposed 17% bonus shares and 0.89% cash dividend for tax purposes. This will be distributed from the paid-up capital of Rs. Rs. 9,68,15,19,200. As of writing, SANIMA ...

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NC’s Narayan Khadka appointed as foreign minister

Narayan Khadka, a Central Working Committee member of the ruling Nepali Congress (NC) has been appointed the Minister for Foreign Affairs. President Bidya Devi Bhandari appointed NC lawmaker Dr Narayan Khadka, as Minister for Foreign Affairs. He was appointed to the post as per Article 76 (9) of the Constitution ...

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IPO of Sahas Urja Limited Opening Today; Everything You Need to Know About the Company

Company Profile: Incorporated in February 2014 as a private limited company, Sahas Urja Limited (Sahas) was converted to a public limited company in September 2014 to facilitate public participation. The paid-up capital of the company as of mid-July 2020 was NPR 2,450 million. The major promoters include Mr. Mahendra Kumar ...

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IPO Shares of Mailung Khola Jal Vidhyut Company (MKJC) Listed in NEPSE

36,81,430 units shares of Mailung Khola Jal Vidhyut Company Limited (MKJC) are now listed in NEPSE. The opening range is Rs.95.75 to Rs. 287.25 for the first transaction. If the first transaction happens in the range during the pre-open session, the shares will be traded in the secondary market from tomorrow itself. ...

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Nepal Infrastructure Bank (NIFRA) Proposes First Dividend Less than a Year After Listing

Nepal Infrastructure Bank Limited (NIFRA) has proposed an 8.5% cash dividend for the fiscal year 2077/78. The meeting of the board of directors held on Ashwin 04 decided to distribute the cash dividend from the paid-up capital of Rs. 20 Arba. As of writing, NIFRA has an LTP of Rs. 365. ...

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Vero Cell vaccines begins today

The government has announced a fresh vaccination campaign to administer the Vero Cell vaccine to people across the country. The four million doses of COVID-19 vaccines purchased from China are being administered to people across the country. According to the Ministry of Health and Population (MoHP), the first dose will ...

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PSC examinees demand immediate publication of final result of section officers’ exam

Examinees of the Public Service Commission (PSC) examinations have taken to the streets demanding immediate publications of the final results of the section officers. The final result of the examination of section officer candidates has been delayed following the Supreme Court’s order even though their interview tests have been already ...

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NEPSE Comes Crashing Down Amidst Tussle Between Authorities and Dissatisfied Investors; All Sectors Witness Painful Plunge

The NEPSE index closed at 2,698.24 today after losing 114.02 points from last week’s closing. The index had lost 76.25 points last Thursday. The index opened at 2,817.98 and made the intraday high at 2,818.49. It then closed at the intraday low of 2,698.24. A total of 17,330,538 shares exchanged hands ...

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