Business

Kathmandu — Police have recovered approximately Rs 18 million and taken into custody a Sumo vehicle along with its driver in connection with the robbery at the SBI Bank branch in Hayutar, Bastipur, Ghyanglekh Rural Municipality–2, Sindhuli. According to the District Police Office, Sindhuli, a group of five to six…

Kathmandu — Police have arrested one individual along with a vehicle in connection with the robbery at SBI Bank in Ghyanglekh Rural Municipality–2, Sindhuli. According to the District Police Office, Sindhuli, the robbery occurred at around 7:00 pm. Following the incident, police launched an immediate operation and have intensified investigations,…

Kathmandu — The Ministry of Finance has approved Rs 19.11 billion in resource consent for the upcoming House of Representatives election scheduled for Falgun 21, ensuring funding for key state agencies involved in the electoral process. According to the Ministry of Finance, the approved budget will be distributed among three…

Kathmandu- A major insurance fraud involving staged road accidents and forged police documents has been uncovered in Kathmandu, exposing collusion between police personnel, insurance employees, vehicle owners, and drivers. Investigators say insurance claims worth Rs 8.1 million were illegally collected by fabricating 29 fake accidents, of which 27 claims were…

Kathmandu — Nigalo Hotel Limited has formally initiated the process of issuing an Initial Public Offering (IPO) to the general public. The company has appointed Muktinath Capital Limited as the issue and sales manager for the IPO. An agreement to this effect was signed during a formal ceremony by Tika…

Kathmandu — Solu Hydropower Limited has opened its Initial Public Offering (IPO) for the general public from today, February 29. The IPO follows the completion of share allotments to project-affected local residents and Nepalis employed abroad. The company has received approval to issue 20 million ordinary shares, equivalent to 20…

Mustang— Security agencies have seized e-cigarettes (vapes) worth approximately Rs 22.4 million from the Korala border point in Mustang, highlighting continued concerns over illegal cross-border trade. According to the District Police Office, Mustang, a joint team comprising the Nepal Police, Armed Police Force, and the Mustang Customs Office intercepted a…

Kathmandu — Gold and silver prices in the domestic market have climbed to new record levels, continuing their upward trend in line with rising prices in the international market. According to the Nepal Gold and Silver Merchants Federation, the price of gold has been fixed at Rs 276,500 per tola…

Agency- Apple and Google on Monday announced a major agreement that will see Google’s artificial intelligence technology integrated into Apple’s next-generation AI features, including the Siri voice assistant. Under the agreement, Apple will use Google’s Gemini AI models and cloud infrastructure to enhance the performance and capabilities of its artificial…

Kathmandu- A high-level study committee has recommended dissolving the current Board of Directors of the Nepal Stock Exchange (NEPSE) as a key step toward restructuring the country’s capital market regulator. The committee has also proposed that no single organization or group should hold more than 5 percent of NEPSE shares.…