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.…
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62 Percent of Nepali Congress Delegates Back Special General Convention
by Nepal Pulseby Nepal PulseKathmandu- A total of 62 percent of the Nepali Congress general convention delegates have formally signed in support of holding a special general convention, party General Secretary Gagan Kumar Thapa announced on Sunday. Addressing the inaugural session of the special general convention at Bhrikutimandap, Thapa said the overwhelming support from…
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RSP Revises Proportional Closed List: Ramesh Prasai Elevated to Top Khas Arya Slot
by Nepal Pulseby Nepal PulseKathmandu- The Rashtriya Swotantra Party (RSP) has revised its proportional representation closed list for the upcoming House of Representatives elections, promoting Ramesh Prasai to the top position in the Khas Arya male category. Although the party has not officially disclosed the revisions, party sources confirmed that Prasai moved to number…
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Congress Special General Convention Begins Amid Internal Rift
by Nepal Pulseby Nepal PulseKathmandu- The Nepali Congress’ special general convention formally began on Sunday at Bhrikutimandap, Kathmandu, amid deepening internal divisions within the party. The event was inaugurated by General Secretaries Gagan Kumar Thapa and Bishwaprakash Sharma, who lit a traditional lamp to mark the opening. From early morning, party cadres organized rallies…
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Use of AI in Election Campaigns Prohibited, Action to Be Taken Against Misinformation: Election Commission
by Nepal Pulseby Nepal PulseKathmandu- The Election Commission has brought social media activities under the election code of conduct, explicitly prohibiting the use of artificial intelligence (AI) to influence voters or spread misinformation during the upcoming House of Representatives elections, scheduled for Falgun 21 (February 21). According to the Commission, the code of conduct…
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Bus Wreckage Found in Trishuli, Suspected to Be Missing Simaltal Bus
by Nepal Pulseby Nepal PulseChitwan- Wreckage of a bus has been found on the bank of the Trishuli River at Dwandrang Bensi, under Aanbukhaireni Rural Municipality–5 of Tanahun, raising strong suspicion that it may be one of the buses that went missing in Simaltal, Bharatpur Metropolitan City–29, last year. According to police, the wreckage…
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Solu Hydropower to Issue IPO to General Public from Tuesday
by Nepal Pulseby Nepal PulseKathmandu- Solu Hydropower Limited is set to issue its initial public offering (IPO) to the general public starting Tuesday, December 29. The company received approval from the Securities and Exchange Board of Nepal (SEBON) on November 24 to issue a total of 20 million ordinary shares at a face value…
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Prithibi Jayanti and National Unity Day Being Celebrated Across Nepal Today
by Nepal Pulseby Nepal PulseKathmandu- National Unity Day is being observed across the country today to mark the 304th birth anniversary of nation-builder Prithvi Narayan Shah. Various programs have been organized nationwide to commemorate Shah’s historic contribution to the unification of modern Nepal. Born in 1779 BS, Prithvi Narayan Shah led the unification campaign…
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Rameshwor Prasad Basyal Appointed CEO of Siddhartha Bank
by Nepal Pulseby Nepal PulseKathmandu: Siddhartha Bank Limited has appointed Rameshwor Prasad Basyal as its new Chief Executive Officer (CEO). The decision was taken by the bank’s management committee. Basyal, who had been serving as the Deputy CEO, will officially assume his role as CEO from February 25, according to the bank. He brings…
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Gold price hits all-time high at Rs 270,600 per tola, silver nears Rs 5,000
by Nepal Pulseby Nepal PulseKathmandu-Gold and silver prices in the domestic market have once again reached record highs today, reflecting continued volatility and strong demand in the bullion market. According to the Federation of Nepal Gold and Silver Dealers’ Association (fenegosida), the price of fine gold increased by Rs 2,800 per tola today, reaching…