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Kathmandu- 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…

Kathmandu- 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…

Kathmandu: 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…

Kathmandu-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…

Kathmandu- Nepal Oil Corporation (NOC) has reported a net profit of more than Rs 13.5 billion in the last fiscal year 2081/82, marking one of the strongest financial performances in its history and signaling a shift toward clean energy, diversification, and possible public share issuance. Making the financial details public…

Kathmandu- Five provincial presidents and 47 district presidents of the Nepali Congress have come out in open opposition to the special general convention proposed by party General Secretaries Gagan Thapa and Bishwaprakash Sharma, calling instead for a unified focus on the upcoming House of Representatives elections. Issuing a joint statement…

Kathmandu- Rastriya Swotantra Party (RSP) President Rabi Lamichhane has briefed the party’s secretariat on the breakdown of the unification process with the Ujyaalo Nepal Party, as the two sides formally moved in separate political directions. An emergency meeting of the RSP secretariat, held virtually, discussed the latest developments surrounding the…

Kathmandu- Minister for Youth and Sports Bablu Gupta’s proposed visit to the United States has been cancelled following mounting political and diplomatic controversy, though he is not stepping down from his post immediately. Soon after assuming office, Minister Gupta became embroiled in controversy over a planned US visit, which was…

Kathmandu- Voters residing outside their home districts will not be allowed to cast their ballots in the upcoming House of Representatives elections. The Election Commission has clarified that inter-district voting arrangements have not been made this time due to legal and technical limitations. Speaking at a press conference on Friday,…

Kathmandu- Leaders of other political parties will not be invited to the Nepali Congress special general convention scheduled for Poush 27 and 28. The organizers have clarified that the event will be strictly limited to internal party discussions and decision-making. Manoj Mani Acharya, coordinator of the Special General Convention Management…