Latest NEPSE News & Share Market Updates
Regulatory Crackdown: 142 Businesses Face Legal Action Over Substandard Food Products in Nepal
The Department of Food Technology and Quality Control (DFTQC) in Nepal has initiated legal proceedings against a staggering 142 industries and businesses for their involvement in the production and distribution of substandard and contaminated food products. This decisive action underscores the government's commitment to safeguarding public health and ensuring the integrity of the food supply chain, a critical component for both consumer confidence and the broader economic landscape. The lawsuits stem from extensive market monitoring and rigorous sample testing conducted by the DFTQC during the fiscal year 2082/83 (corresponding to 2025/2026 AD). These investigations revealed widespread non-compliance with established food safety standards, prompting the department to take stringent measures against those found to be compromising consumer well-being. The implications of such a widespread issue are significant for the Nepalese economy, as it highlights potential systemic weaknesses in quality control across various food sectors and could impact investor perception of local manufacturing standards. According to the DFTQC's detailed report, a total of 3,365 food samples were collected from various industries and markets nationwide over the past fiscal year. Out of these, 2,948 samples underwent comprehensive analysis and testing. A concerning 127 samples, representing 4.30% of those tested, were found to be either substandard or adverse, failing to meet the prescribed quality benchmarks. Based on these findings, cases have been formally filed with the respective District Administration Offices and District Courts, signaling a serious legal challenge for the implicated businesses. This level of regulatory enforcement is crucial for fostering a competitive and fair market where quality and safety are paramount, thereby protecting both consumers and reputable businesses. The department's data further illuminates the specific categories of food items most frequently found in violation of quality standards. Food grains and pulses topped the list, with 47 samples failing quality tests. Processed drinking water, a fundamental necessity, also showed significant irregularities, with 21 samples failing. Milk and dairy products, essential components of the daily diet, had 17 samples that did not meet standards, while oil and ghee products accounted for 9 failed samples. Beyond these major categories, irregularities were also detected in other diverse products, including fruits, vegetables, animal feed, spices, and various confectionery items. This broad spectrum of non-compliance indicates a pervasive issue that requires concerted efforts from both regulators and industry players to rectify. In addition to legal action, the DFTQC has proactively issued 29 recall orders for various food products found to have serious deficiencies during its monitoring activities. These recalled items included processed drinking water, dalmoth, bhujia, biscuits, ice cream, honey, mustard oil, and spices, among others. Such recalls are vital for immediately removing potentially harmful products from the market and preventing further consumer exposure. The department emphasized that these actions are being taken under Section 38 of the Food Act, which mandates penalties for selling materials that adversely affect consumer health. This robust application of existing laws sends a strong message to manufacturers about their accountability. To enhance its surveillance capabilities, the DFTQC utilized mobile food laboratory vans, conducting 123 market inspections and on-the-spot sample tests. This innovative approach allows for rapid detection of quality issues and immediate intervention. In total, the department and its subordinate offices carried out 12,806 inspections, both independently and in collaboration with other agencies. While industries with minor discrepancies were issued directives for improvement, those demonstrating serious negligence or repeated violations faced legal prosecution. This tiered approach ensures that regulatory efforts are both corrective and punitive, promoting a culture of compliance. The DFTQC has also issued a public advisory, urging consumers to exercise vigilance when purchasing food items. They are encouraged to meticulously check product labels, production dates, and quality assurances before making a purchase. Furthermore, consumers are advised to promptly report any suspicious products or concerns directly to the department. This emphasis on consumer awareness and participation is a cornerstone of a robust food safety system, empowering individuals to play an active role in protecting their health and demanding higher standards from the market. For investors, these developments highlight the increasing regulatory scrutiny in Nepal's food sector, underscoring the importance of due diligence in assessing the operational and compliance risks of food-related businesses. Companies with strong quality control and ethical practices are better positioned for long-term sustainability and growth in such an environment.
SEBON Unveils Draft Rules for Corporate Bonds and Debentures, Signaling Major Capital Market Expansion
The Securities Board of Nepal (SEBON) has initiated a significant step towards diversifying and deepening the nation's capital market by publishing the draft of the Debenture Registration and Issue Regulations, 2083 B.S. This pivotal move invites comprehensive feedback, suggestions, and comments from all stakeholders and the general public, underscoring SEBON's commitment to inclusive market development. This initiative is not merely a procedural update but a cornerstone of Nepal's ambitious capital market development roadmap for the year 2083 B.S., which envisions a transformative shift from a market heavily reliant on equity shares to a more robust, multi-product financial ecosystem. At present, Nepal's capital market is largely dominated by equity instruments, with the corporate debt segment remaining relatively nascent. The introduction of these updated regulations aims to address this imbalance, fostering a more dynamic and liquid bond market. As part of its annual policy for the fiscal year 2083/84 B.S., SEBON has explicitly prioritized the development of an active corporate debt market. This strategic focus is designed to achieve multiple objectives: significantly increasing overall market activity, enhancing cash flow within the financial system, and enabling more effective management of financial risks across various sectors. For investors, this translates into new avenues for portfolio diversification beyond traditional equities, potentially offering stable returns and reduced volatility. For corporations, it opens up critical access to long-term capital, crucial for expansion, innovation, and sustainable growth. The proposed framework is particularly noteworthy for its inclusivity. Historically, the issuance of bonds and debentures in Nepal has been predominantly limited to banks and financial institutions (BFIs). However, the new regulations seek to broaden this scope, allowing a wider array of eligible corporate companies to raise long-term funds through these instruments. This expansion is expected to democratize access to capital for non-financial corporations, fostering a more competitive and innovative business environment. By enabling diverse companies to tap into the public debt market, SEBON aims to stimulate economic growth and facilitate large-scale infrastructure and industrial projects that require substantial, patient capital. SEBON's meticulous approach to crafting these regulations reflects a commitment to aligning Nepal's bond market with international best practices. The objective is to cultivate a domestic bond market that is not only diverse and competitive but also transparent and efficient. Such alignment is crucial for attracting both domestic and international institutional investors, who typically seek well-regulated and liquid markets. The draft regulations have undergone rigorous review and refinement by SEBON’s Legal Enforcement Committee, ensuring legal soundness and practical applicability before being released for public consultation. This iterative process, involving expert legal review and public input, is vital for creating a regulatory framework that is robust, fair, and adaptable to future market dynamics. The invitation for public feedback is a critical phase in this regulatory overhaul. Stakeholders, including financial institutions, corporate entities, investors, legal experts, and the general public, are urged to submit their comments and recommendations within seven days of the notice publication to support@sebon.gov.np. This short window emphasizes the urgency and importance SEBON places on timely input to shape the final regulations. Every piece of feedback will be meticulously reviewed by SEBON before the new regulations receive final approval and implementation. This consultative approach ensures that the final rules are comprehensive, address potential concerns, and effectively serve the interests of all market participants. The successful implementation of these regulations is poised to mark a new era for Nepal's capital market, transforming it into a more sophisticated, resilient, and globally integrated financial hub.
Energy Minister Shrestha Embarks on Critical Koshi Province Tour to Assess Power and Irrigation Infrastructure
Nepal's Minister for Energy, Water Resources, and Irrigation, Biraj Bhakta Shrestha, has commenced a crucial three-day inspection tour of Koshi Province. The visit, which began today with the minister's departure for Biratnagar, the provincial capital, aims to conduct a comprehensive on-site assessment of the region's existing electricity and irrigation infrastructure. This strategic initiative underscores the government's commitment to addressing fundamental challenges in these vital sectors and formulating robust strategies for their improvement. Minister Shrestha is leading a high-level delegation comprising key officials from various relevant government bodies. The team includes Sarita Dawadi, Secretary of the Ministry of Energy, Water Resources, and Irrigation; Mohan Kumar Shakya, Joint Secretary; Sudarshan Shrestha, the Minister's Private Secretary; and Devesh Belbasel, a member of the secretariat. Further bolstering the expertise on the ground are Dr. Maheshwar Shrestha, Director General of the Department of Water Resources and Irrigation; Dinesh Bhatta, Deputy Director General; and Dirghayu Kumar Shrestha, Acting Director of the Nepal Electricity Authority (NEA), alongside other senior officials. The composition of this delegation highlights the multi-faceted approach being taken to tackle the complex issues surrounding energy and water management in the province. The primary objective of the tour is to gain firsthand insights into the prevailing electricity problems, the condition of transmission lines, and other critical power infrastructure in eastern Nepal. Simultaneously, the team will meticulously observe the state of irrigation access and the condition of canals, which are indispensable for agricultural productivity in the region. These on-site evaluations are expected to provide a clear picture of the current situation, enabling the formulation of targeted and effective improvement strategies. During the three-day itinerary, the delegation is scheduled to visit several key sites. These include the 400 kV Bhokraha substation in Inaruwa and the Kerauna substation, both pivotal components of the national power grid. Furthermore, the team will conduct site visits to the Barahkshetra Chatahara canal and, significantly, the historic Chandra Canal. The inspection of the Chandra Canal, a legacy irrigation project, holds particular importance, symbolizing Nepal's long-standing efforts in water resource management and the need for its continued modernization and maintenance. This visit to Koshi Province is not an isolated event but rather part of a broader, nationwide initiative by Minister Shrestha. He has previously undertaken similar inspection tours to Sudurpaschim, Karnali, and Lumbini provinces, directly engaging with local communities and stakeholders to understand their specific challenges. This systematic approach demonstrates a concerted effort to develop a holistic understanding of Nepal's energy and irrigation landscape, paving the way for integrated national development plans. For investors, particularly those in the hydropower, agriculture, and infrastructure development sectors, such governmental focus on critical infrastructure is a positive signal. Improved reliability of power supply and enhanced irrigation facilities can significantly de-risk investments and open new avenues for growth. The government's proactive stance in identifying and addressing these issues is crucial for fostering a stable and conducive environment for economic development and attracting further investment into Nepal's burgeoning energy and agricultural sectors. The long-term economic benefits of a robust energy and irrigation infrastructure, including increased agricultural output, industrial growth, and improved living standards, are substantial, making these ministerial tours vital for the nation's progress.
Nepal Rastra Bank Act Undergoes Key Amendments: Stricter Governance for Governor and Directors
The Federal Parliament's Finance Committee has initiated a pivotal process to amend the Nepal Rastra Bank Act, 2058, signaling a robust commitment to enhancing the integrity, professionalism, and independence of Nepal's central bank. These proposed revisions primarily focus on refining the qualifications, experience, and ethical standards required for individuals appointed to the critical roles of Governor and Board of Directors, aiming to fortify the institution's governance framework. During a recent committee meeting held in Singha Durbar, comprehensive discussions were held on the draft bill, leading to the establishment of new, more stringent criteria for these high-stakes positions. Dr. Krishna Hari Budhathoki, the Committee Chairman, presented the proposed amendments, highlighting the emphasis on both academic excellence and practical experience. Under the new provisions, aspiring candidates for the Governor or Director roles must possess at least a Master's degree or an equivalent qualification from a recognized university. The specified fields of study are broad yet pertinent, encompassing monetary policy, banking, finance, statistics, public administration, commerce management, commercial law, and accounting. This multidisciplinary requirement underscores the complex nature of central banking and the need for well-rounded expertise at the helm. Beyond academic qualifications, the amendments introduce rigorous professional experience mandates. Candidates must have a minimum of four years of experience in high-level capacities, such as a distinguished class officer of the Government of Nepal, an Executive Director of Nepal Rastra Bank, a university professor, or an executive position within a 'Class A' commercial bank or the international economic and financial sector. For individuals holding a Ph.D. in a relevant subject, a slightly adjusted provision allows for eligibility with at least ten years of experience at an officer level in a 'Class A' commercial bank or the international economic and financial sector. These stringent requirements are designed to ensure that the central bank's leadership possesses not only theoretical knowledge but also practical acumen and a deep understanding of the financial landscape. A significant development from the discussions is the agreement on implementing a 'cooling-off period' for current or former chief executives of 'Class A' commercial banks. This crucial measure is intended to prevent potential conflicts of interest, ensuring that individuals transitioning from commercial banking leadership to central bank governance maintain impartiality and objectivity. By mandating a specific interval between leaving a commercial bank's top executive role and becoming eligible for a high position at the Nepal Rastra Bank, the committee aims to strengthen public trust and uphold the central bank's regulatory independence. Furthermore, the committee extensively deliberated on potential conflicts arising from share ownership in banks and financial institutions. Lawmakers expressed strong views that individuals appointed as Directors or Governor should not hold 'controlling' share ownership in any financial institution. A consensus emerged to reduce the permissible share ownership limit from the current 1% or more to a more restrictive 0.5%. This move is critical for mitigating any perception of undue influence or self-interest, reinforcing the central bank's role as an impartial regulator and guardian of financial stability. Lowering this threshold demonstrates a proactive approach to enhancing corporate governance and ethical standards within the financial sector. In a bid to modernize and clarify the legal text, several linguistic amendments have also been proposed. For instance, the archaic term 'mad' (बहुलाएको) in the existing act will be replaced with the more dignified and precise 'mental instability' (मानसिक अस्वस्थता). Similarly, to avoid ambiguity, the broader term 'financial sector' will be substituted with the more specific 'financial institution.' These refinements reflect a commitment to clarity and professionalism in legislative language. The Finance Committee also acknowledged the need for further clarity regarding the specific powers of the Governor and the overarching role of the Board of Directors. These critical aspects are slated for finalization in upcoming meetings, indicating a thorough and methodical approach to legislative reform. These comprehensive amendments to the Nepal Rastra Bank Act are poised to significantly strengthen the central bank's institutional capacity, governance, and credibility. By ensuring highly qualified, experienced, and ethically sound leadership, Nepal Rastra Bank will be better equipped to fulfill its mandate of maintaining monetary and financial stability, fostering a sound payment system, and promoting sustainable economic growth. For investors, these reforms signal a more stable and transparent regulatory environment, potentially enhancing confidence in Nepal's financial markets.
Out of 16 Kharba Targeted Revenue only 5.92% Collected Till Bhadra 1; Capital Spending at just 0.34%
The Government of Nepal's total receipts reached NPR 97.13 billion (971,387 Lakh), accounting for 5.92% of its annual budget target, while total expenditure stood at NPR 44.79 billion (Lakh 447,900) or 2.11% of total allocations as of Bhadra 1, 2083 BS (August 17, 2026), according to daily records from the Financial Comptroller General Office (FCGO). Out of the total target of 16 Kharba 42 arba in total receipts, the government generated 95 Arba 91 crore in total revenue (6.07%) of the annual revenue target of 15 Kharba 80 Arba 31 Crore. Within total revenue, tax collection contributed 88 arba 77 crore 45 Lakhs representing 6.33% of the 14 Kharba 03 arba 31 crore 83 Lakhs target. On the expenditure side, total disbursements from the treasury reached 44 arba 79 crore against the total annual budget of 21 Kharba,24 arba. Recurrent expenditure accounted for the bulk of spending at 24 arba 18 crore, representing 1.90% of its 12 Kharba 70 Arba allocation. Meanwhile, capital spending remained minimal at 14 arba 56 Crore marking just 0.34% of the allocated 4 Kharba 31 Arba capital budget. The FCGO noted that these daily figures are unprocessed, subject to change following final reconciliation, and exclude internal and external borrowings, while direct payment expenditures are partially included.
Parbat Kumar Karki Reappointed as Citizen Investment Trust Executive Director
The Government of Nepal has appointed Parbat Kumar Karki as the Executive Director of Citizen Investment Trust (CIT). The Cabinet appointed Karki at its meeting on Bhadra 03, 2083, under Section 42(1) of the Citizen Investment Trust Act, 2047. A former Executive Director of Nepal Rastra Bank, Karki has previously served as CIT’s Executive Director after being selected through open competition on Magh 03, 2080. He has also served as CEO of Nepal Grameen Bikas Bank and Kisan Laghubitta Bittiya Sanstha. Karki holds a Master of Banking and Finance from Griffith University, Australia, and a postgraduate degree in Management from Tribhuvan University.
PM Balen Shah Headed Towards Mustang via Pokhara
Prime Minister Balendra Shah headed towards Mustang today by traveling through Pokhara. Sources close to the prime minister and officials from the Office of the Prime Minister and Council of Ministers have confirmed the planned travel route. Local administration officials in the area have not yet received formal notification about the trip. Kaski Chief District Officer Kuman Singh Gurung stated that he has not yet been informed of the visit. Further details regarding the specific purpose and full schedule of the trip have not been released.
Gold Price Rises by Rs. 3,300 Per Tola Today; Silver Follows Suit with 130 Rupees Gain
Gold prices have witnessed a sharp gain in the domestic market today, gaining by Rs. 3,300 per tola to settle at Rs. 316,700 per tola, up from the previous rate of Rs. 313,400 per tola. The Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) reported that Tejabi gold price also rises by Rs. 3,300 per tola to reach Rs.316,000 per tola, compared to Rs. 312,700 per tola on the previous day. Similarly, silver prices moved in the same direction, rises by Rs.130 per tola to Rs.4,985 per tola from Rs. 4,855 per tola on the previous day.
Nepal Rastra Bank to Collect 85 Billion from BFI's Today, Amount to be Returns after Six Month
Nepal Rastra Bank (NRB) has announced that it will collect deposits worth Rs. 85 billion from banks and financial institutions through a bidding process today. According to a notice published today, the central bank will collect the deposits for a period of 175 days. The bidding will take place on Bhadra 05 (August 21) through the Online Bidding System at 3 Pm. The interest rate will be decided through the bidding process. The minimum amount for bidding has been set at Rs. 10 crore, while the maximum limit is (In multiples of) 5 Crore, up to the total issue amount. However, institutions can submit multiple bids within the total announced amount. Only licensed ‘A’, ‘B’, and ‘C’ class banks and financial institutions approved by NRB are allowed to take part in the bidding. The deposits collected will be returned along with interest on Magh 29, 2083 (February 12, 2026).
Embark College Joins NSJF Pulsar Sports Award as Higher Education Partner
The 23rd NSJF Pulsar Sports Award 2082, organized by the Nepal Sports Journalists Forum, has partnered with Embark College as its Higher Education Partner. Under the agreement, one selected national athlete will receive a full scholarship for undergraduate or postgraduate studies, worth up to Rs. 18 lakhs. Embark College will also support research, training and mentorship programmes conducted by the Forum’s academy. The partnership aims to combine athletes’ sporting careers with higher education and create long-term academic opportunities. The award ceremony is scheduled for Bhadra 18 in Kathmandu. It will honour outstanding athletes, coaches and sports personalities across several categories, including Male Athlete of the Year, Female Athlete of the Year, Youth Athlete of the Year, Coach of the Year, People’s Choice, Lifetime Achievement and Para Athlete awards.
eSewa Earns Global PCI DSS v4.0.1 Certification, Strengthening Payment Data Security
eSewa, Nepal’s leading digital payment service provider, has secured PCI DSS v4.0.1 certification, a globally recognized standard for payment card data security. The certification confirms that eSewa meets international requirements covering secure networks, data protection, access control, risk management, security testing, monitoring, and information security policies. According to Chief Technology Officer Bipin Khanal, the certification further strengthens eSewa’s commitment to protecting users’ financial and personal data and maintaining their trust. The company said it will continue upgrading its systems and security practices in line with international standards. eSewa is also ISO/IEC 27001:2022 certified, reinforcing its focus on continuous information-security risk management and improvement.
Dirgha Bahadur Rawal Takes Oath as Nepal Rastra Bank Deputy Governor
Dirgha Bahadur Rawal, the newly appointed Deputy Governor of Nepal Rastra Bank, has taken the oath of office and secrecy before Governor Prof. Dr. Biswo Nath Poudel and assumed his duties. He was appointed Deputy Governor by the Cabinet on Bhadra 3, 2083 BS. Rawal joined Nepal Rastra Bank as an Assistant Director in 2062 BS and steadily rose through the ranks to become Executive Director in Jestha 2082. Following his promotion, he served in the Bank Supervision Department.
Nepal Distilleries Shines at FLAME Awards Asia 2026, Elevating Nepali Branding on Regional Stage
Nepal Distilleries Pvt. Ltd. (NDPL), a prominent name in Nepal's beverage industry, has achieved a significant milestone by securing four prestigious honours at the FLAME Awards Asia 2026, held in New Delhi. This remarkable accomplishment not only underscores NDPL's marketing prowess but also shines a spotlight on the burgeoning creativity and strategic depth within Nepal's branding landscape. The company's success, encompassing two Gold awards, one Silver, and the highly coveted South Asia Grand Prix, was a testament to the innovative campaigns for its flagship Mero Khukri and Nude brands, executed in collaboration with creative agency Outreach Nepal. The South Asia Grand Prix, the highest accolade at the FLAME Awards, was bestowed upon Nude’s compelling “Just Be You” campaign. This top honour signifies regional leadership in marketing effectiveness and creative excellence, reflecting a profound understanding of consumer insights and a powerful message that resonated across diverse audiences. For investors, this award highlights NDPL's ability to craft brands that connect deeply with their target demographics, fostering loyalty and driving market penetration in a competitive environment. The "Just Be You" campaign likely championed authenticity and self-expression, themes that often garner significant consumer engagement and brand affinity, translating into tangible market success. Furthermore, the Mero Khukri campaign garnered two Gold awards, specifically in the "Emerging Market Campaign" and "Last-Mile Innovation" categories. These recognitions are particularly significant for a company operating in a dynamic market like Nepal. The "Emerging Market Campaign" award acknowledges NDPL's strategic acumen in navigating the unique challenges and opportunities presented by developing economies, demonstrating an ability to tailor marketing efforts for maximum impact. The "Last-Mile Innovation" award, on the other hand, speaks volumes about the company's operational efficiency and creative problem-solving in ensuring brand visibility and product accessibility even in remote or challenging distribution channels. For a heritage brand like Mero Khukri, these awards reinforce its enduring relevance and adaptability, assuring investors of its sustained market leadership and growth potential. Adding to this impressive tally, the "Pokhara Flash Mob" campaign secured a Silver award in the "Small Budget Campaign" category. This particular win showcases NDPL's ingenuity and ability to achieve significant impact with constrained resources. In an era where marketing budgets can often dictate reach, demonstrating effective, high-impact campaigns on a smaller budget is a testament to creative thinking and efficient execution. Such an achievement signals a company that is not only innovative but also fiscally prudent in its marketing investments, a highly attractive quality for discerning investors. These multiple victories at a regional platform like the FLAME Awards Asia are more than just accolades; they represent a significant boost to NDPL's brand equity and market positioning. For investors, this translates into enhanced confidence in the company's management and marketing teams. Strong brand recognition and award-winning campaigns often correlate with increased sales, market share growth, and a robust competitive advantage. NDPL's success indicates a forward-thinking approach to brand building and consumer engagement, which are critical drivers of long-term shareholder value. Beyond NDPL, these awards also serve as a powerful endorsement for the entire Nepali branding and creative industry. They demonstrate that ideas conceived and executed in Nepal can compete and excel on a South Asian stage, inspiring other local businesses and creative agencies. This recognition can attract further investment into Nepal's creative sector and encourage more companies to prioritize sophisticated branding strategies. Nepal Distilleries Pvt. Ltd.'s triumph at the FLAME Awards Asia 2026 is a clear indicator of its strategic vision, creative excellence, and unwavering commitment to building powerful brands that resonate with consumers, solidifying its status as a leader in the Nepali market and a benchmark for regional success.
Ambassadors’ Club Nepal Celebrates Young Innovators, Champions Innovation and Youth Leadership
The Ambassadors’ Club Nepal organised a special appreciation programme, “Celebrating Young Innovators,” in Kathmandu on August 18, bringing together young innovators, students, National Innovation Center (NIC) representatives, diplomats and distinguished guests. The event highlighted the role of innovation, technology, creativity and youth leadership in Nepal’s development. Ambassadors’ Club Nepal President Ambassador Dr. Sarmila Parajuli Dhakal emphasised that diplomacy can help young people connect, collaborate and gain international opportunities. NIC General Manager Sanjay Jha highlighted opportunities for young people through internships, practical learning, research and innovation. Participants also shared experiences and discussed ways to bridge academic knowledge with practical solutions. The programme reaffirmed the Club’s commitment to fostering innovation, international collaboration, mentorship and opportunities for Nepal’s youth.
Proton e.MAS 5 Launches "Redefine Your Everyday" Campaign, Signaling Strategic Shift in Nepal's EV Market
Jagdamba Motors, the authorized distributor of Proton vehicles in Nepal, has unveiled an innovative "Redefine Your Everyday" TVC campaign for its newly introduced electric vehicle, the Proton e.MAS 5. This strategic marketing initiative marks a significant pivot in how electric vehicles (EVs) are presented to the Nepali consumer, moving beyond mere technological specifications to emphasize the tangible lifestyle enhancements and practical utility an EV can offer. The campaign features a series of four compelling stories, each meticulously crafted to resonate with diverse aspects of modern life: work, family, creativity, and travel. By showcasing how the Proton e.MAS 5 seamlessly integrates into and elevates these daily experiences, Jagdamba Motors aims to highlight the vehicle's exceptional space, comfort, and versatility. This approach is a deliberate departure from the conventional focus solely on battery range or charging infrastructure, instead inviting potential buyers to envision a future where their daily routines are enriched and simplified by their choice of vehicle. This focus on experiential benefits rather than just technical prowess is a sophisticated strategy to broaden the appeal of EVs beyond early adopters to a more mainstream audience. This launch follows a period of robust customer interest and significant bookings for the e.MAS 5, particularly noted during its debut at the NAIMA Mobility Expo 2026. Such a positive reception underscores a growing consumer appetite for sustainable and technologically advanced mobility solutions in Nepal. For investors, this strong initial demand signals a promising trajectory for Proton in the burgeoning Nepali EV market, suggesting that Jagdamba Motors' investment in this segment is poised for considerable returns as the nation increasingly embraces electric transportation. The Proton e.MAS 5 is available in two distinct variants, Prime and Premium, catering to a broad spectrum of customer preferences and budgets. Both variants boast an impressive array of features designed to enhance both performance and user experience. Key specifications include a rear-wheel-drive system, offering superior handling and driving dynamics, and G-Traction control for enhanced safety and stability across varying road conditions. Practicality is a cornerstone of the e.MAS 5's design, evident in its remarkable 32 storage compartments and a generous 70-litre front trunk, or "frunk," providing ample space for daily essentials or travel luggage – a feature that directly addresses the "versatility" theme of the campaign. Inside, the vehicle offers a sophisticated and connected experience, centered around a large 14.6-inch Full HD touchscreen display, which serves as the hub for infotainment, navigation, and vehicle controls. Furthermore, the inclusion of Vehicle-to-Load (V2L) capability is a game-changer for the Nepali market. This feature allows the e.MAS 5 to act as a mobile power bank, capable of supplying electricity to external devices, making it incredibly useful for outdoor activities, emergencies, or even as a backup power source for small appliances – truly redefining everyday utility and adding significant value for the discerning Nepali consumer. The "Redefine Your Everyday" campaign is not limited to traditional television commercials. Jagdamba Motors is strategically leveraging digital platforms, with four short films based on the campaign's core stories set to be released across Proton Nepal’s various digital channels. This multi-platform approach ensures maximum reach and engagement with a digitally savvy audience, reinforcing the brand's modern image and commitment to innovative marketing. For the Nepali automotive sector, this campaign signifies a maturation of the EV market. As fuel costs continue to fluctuate and environmental consciousness grows, the shift towards electric vehicles is accelerating. Jagdamba Motors, by focusing on the lifestyle benefits rather than just the technical aspects, is positioning Proton e.MAS 5 as a practical, comfortable, and versatile choice for families and individuals alike. This strategy could set a new benchmark for EV marketing in the region, potentially influencing how other players approach their product positioning. Investors should view this as a positive indicator of Jagdamba Motors' proactive strategy in capturing market share in a rapidly evolving industry, highlighting their commitment to innovation and understanding of local consumer needs. The success of such a campaign could significantly bolster Proton's brand presence and sales figures in Nepal, contributing positively to the overall financial health of Jagdamba Motors.
NADA Celebrates 50 Years with Grand 18th Auto Show 2026: A Deep Dive into Nepal's Automotive Sector and Investment Opportunities
The NADA Automobiles Association of Nepal is gearing up for a landmark event, the 18th NADA Auto Show 2026, which will not only showcase the latest in automotive technology but also commemorate the association's Golden Jubilee. Scheduled from Bhadra 9–14 (August 25-30, 2026) at the bustling Bhrikutimandap Exhibition Hall in Kathmandu, this six-day extravaganza promises to be a pivotal moment for Nepal's rapidly evolving automotive sector. For investors and industry stakeholders, the event offers a unique window into the sector's robust growth, emerging trends, and significant economic contributions. With over 200 stalls, the show will feature an impressive array of vehicles and related services. Attendees can expect to see offerings from 23 passenger-vehicle brands, 17 commercial-vehicle brands, and 13 two-wheeler brands, reflecting the diverse and competitive landscape of Nepal's auto market. Beyond vehicles, the exhibition will host approximately 70 companies specializing in auto parts, tyres, batteries, lubricants, cutting-edge charging infrastructure, and essential garage equipment. This comprehensive representation underscores the entire ecosystem supporting the automotive industry, from sales and service to maintenance and technological advancements. Crucially, the participation of ten leading banks, financial institutions, and insurance companies highlights the significant financial backing and investment opportunities within this sector, ranging from auto loans and leasing options to comprehensive insurance products that mitigate risks for both consumers and businesses. The Golden Jubilee celebration is more than just an exhibition; it's a testament to five decades of remarkable expansion within Nepal’s automobile sector. Over this period, the industry has transformed from a nascent market into a significant economic powerhouse. Current statistics reveal a staggering 5.5 million registered vehicles across the nation, indicating widespread adoption and a growing consumer base. The financial impact is equally compelling: over the last five fiscal years alone, Nepal has witnessed approximately NPR 470 billion worth of vehicle and related imports. This robust import activity has, in turn, generated an impressive NPR 351 billion in customs revenue for the government, underscoring the sector's crucial role in national fiscal health and infrastructure development. A particularly exciting dimension of Nepal's automotive journey is the rapid acceleration of electric mobility. The country now boasts around 63,000 electric vehicles (EVs) on its roads, supported by a burgeoning network of nearly 2,000 charging stations. This surge in EV adoption is not merely a global trend but a strategic move for Nepal, aligning with its environmental goals and reducing reliance on fossil fuel imports. For investors, this segment presents immense opportunities in EV manufacturing, assembly, battery technology, and the expansion of charging infrastructure, which is vital for sustaining this growth. Government incentives and increasing consumer awareness are further fueling this green transition, positioning Nepal as a potential hub for sustainable transportation solutions in the region. NADA emphasizes that this Golden Jubilee edition will celebrate not only the association’s enduring journey but also the profound contributions of the automobile industry to Nepal’s broader economic development. These contributions span significant employment generation across sales, service, manufacturing, and logistics sectors, substantial government revenue through taxes and duties, and the promotion of green mobility initiatives that promise a more sustainable future. For investors, understanding these multifaceted contributions is key to identifying long-term growth prospects and strategic partnerships within an industry that continues to drive innovation and economic prosperity in Nepal. The 18th NADA Auto Show 2026 is thus not just an event for car enthusiasts, but a critical platform for businesses, policymakers, and investors to explore, connect, and shape the future of Nepal's dynamic automotive landscape.
Nepal's Hydropower Sector Witnesses Remarkable Profit Surge in Q4: Key Drivers and Top Performers Revealed
Nepal's hydropower sector has demonstrated an impressive financial turnaround, with companies reporting an average net profit increase of over 471% in the fourth quarter of the last fiscal year. This significant surge underscores a period of robust growth and improved operational efficiency across the industry. Out of 111 hydropower companies whose financial statements have been analyzed, a remarkable 91 have transitioned into profitability, signaling a strong positive shift in the sector's overall health. While 20 companies still grapple with losses, the overwhelming trend points towards a revitalized energy landscape that is increasingly attractive to investors. Several synergistic factors have contributed to this remarkable profitability. A primary catalyst has been the continuous increase in production capacity, as numerous projects, previously under construction, have now come online and are operating at full potential. This expansion in output has been complemented by stringent and effective control over operating costs, allowing companies to maximize their revenue streams. Furthermore, a notable decline in loan interest rates within the banking sector has significantly reduced the financial burden on these capital-intensive projects. Hydropower companies, often heavily reliant on debt financing, have directly benefited from this easing of borrowing costs, leading to a substantial boost in their net profits. The prevailing excess liquidity in the banking system has also played a crucial role, ensuring easier access to credit at more favorable terms, thereby fostering an environment conducive to growth. Beyond financial metrics, operational improvements have been pivotal. Enhanced coordination with the Nepal Electricity Authority (NEA) has streamlined Power Purchase Agreements (PPAs) and ensured more timely payments, providing a stable revenue flow for producers. The expansion of transmission line infrastructure has also been instrumental, minimizing the wastage of generated electricity and ensuring efficient distribution to consumers. This holistic approach, combining financial prudence with operational excellence, has collectively propelled the sector to new heights of profitability. The fourth-quarter results highlight several companies that have excelled in profit generation. Sahas Urja Limited stands at the forefront, reporting an impressive net profit of NPR 135.91 crore. Following closely are Solu Hydropower Limited with NPR 111.38 crore and API Power Company Limited, which secured NPR 96.06 crore in net profit. Other significant contributors to the sector's robust performance include Upper Tamakoshi Hydropower Limited and Mountain Energy Nepal Limited, both demonstrating strong financial results. These top-tier companies have primarily leveraged their projects' full operational capacity and efficient electricity sales mechanisms to expand their profit margins. Even smaller and newer projects have contributed to this positive trend by stabilizing their commercial transmission and achieving positive net profit growth, indicating a broad-based improvement across the industry. A deeper dive into the financial statements reveals the underlying strength of these companies, particularly concerning their paid-up capital and reserve funds. Sahas Urja Limited, for instance, showcases a highly robust financial position with a paid-up capital of NPR 457.38 crore and a substantial reserve fund of NPR 368.57 crore. Such strong reserves are a positive indicator of a company's financial health, providing a buffer against unforeseen challenges and enabling future investments. Similarly, Mountain Energy Nepal Limited and Radhi Bidyut Company Limited have effectively utilized their reserve funds to bolster their earnings per share (EPS). Analysts suggest that companies with strong reserves are better positioned to distribute attractive dividends in the future, which in turn helps sustain investor interest and market confidence. These robust reserve figures also empower companies to pursue new projects or pre-pay existing debts, further solidifying their long-term financial stability. In terms of per-share metrics, Sahas Urja Limited again demonstrates its commercial prowess with an EPS of NPR 29.72 and a strong net worth (book value) of NPR 180.58, making it an attractive proposition for investors. Mountain Energy Nepal Limited also stands out with an EPS of NPR 25.52 and an impressive net worth of NPR 194.58, firmly placing it among the fundamentally strong companies in the sector. Radhi Bidyut Company Limited, with an EPS of NPR 20.65 and a net worth of NPR 120.71, continues to maintain stable financial indicators, striving to earn investor trust. The clear trend of high EPS, robust reserve funds, and improving net worth among these companies underscores their enhanced capacity to deliver significant returns to shareholders in the coming periods. The remarkable performance of Nepal's hydropower sector in the last fiscal year's fourth quarter presents a compelling narrative for investors. The combination of increased operational efficiency, favorable financial conditions, and strategic infrastructure development has created a fertile ground for profitability. As the sector continues to mature and expand, with more projects coming online and transmission networks improving, the outlook remains largely positive. Investors looking for opportunities in a growing and increasingly stable sector may find Nepal's hydropower companies to be a promising avenue for long-term value creation.
Reminder! Last Trading Day to Secure Dividend of NMB 50, NMB Hybrid Fund L-II and NMB Sulav Investment Fund - II
Today is the last day to grab the dividend proposed by "NMB 50", "NMB Sulav Investment Fund - II" and "NMB Hybrid Fund L-II". In a meeting of the board of directors of NMB Capital Limited decided to distribute a 3.15% cash dividend (including tax) for NMB 50 (NMB50), a 4.5% cash dividend (including tax) for NMB Hybrid Fund L-II ( NMBHF2 ), and a 10% cash dividend (including tax) for NMB Sulav Investment Fund - II (NSIF2) for the fiscal year 2081/82. NMB 50 (NMB50), NMB Hybrid Fund L-II (NMBHF2) and NMB Sulav Investment Fund - II (NSIF2) are all closed-ended mutual funds with a 10-year maturity period, managed by NMB Capital Limited. As of the month of Ashadh, the Net Asset Value (NAV) of NMB50 is reported at Rs. 10.45. NMBHF2's NAV stands at Rs. 10.48. NSIF2's NAV stands at Rs. 11.66. The book closure date for dividend eligibility is 8th Bhadra, meaning unit holders on record till 7th Bhadra are entitled to receive the dividend.
Nepal Investment Mega Bank CEO Jyoti Prakash Pandey Released on NPR 8 Million Bail Amidst Smart Telecom Probe
In a significant development for Nepal's financial sector, Jyoti Prakash Pandey, the Chief Executive Officer (CEO) of Nepal Investment Mega Bank (NIMB), has been released on bail amounting to NPR 8 million. The Kathmandu District Court issued the order for his release following a detention hearing, requiring a bank guarantee for the specified bail amount. This decision comes amidst an ongoing investigation related to the Smart Telecom case, which has drawn considerable attention across the corporate landscape. CEO Pandey's arrest and subsequent appearance in court were part of a broader inquiry into the Smart Telecom affair, a matter that has seen several individuals come under scrutiny. While the specifics of the allegations against Pandey in relation to the case have not been fully disclosed to the public, the legal proceedings underscore the intensified focus on corporate accountability and regulatory compliance within the country. During the court's detention hearing, the prosecution presented evidence gathered during the investigation, outlining its perspective on Pandey's alleged involvement. In response, Pandey's legal team mounted a robust defense, challenging the accusations and the basis of the investigation. The court's decision to grant bail, rather than order continued detention, suggests that at this preliminary stage, the judiciary did not deem immediate imprisonment necessary. It is crucial for investors and the public to understand that a release on bail is not an exoneration or a declaration of innocence. Instead, it is a procedural step that allows an accused individual to remain free while the investigation and legal process continue, provided they adhere to specific conditions, including the financial guarantee. This allows the CEO to potentially resume his duties, though the cloud of the ongoing investigation will undoubtedly persist. For Nepal Investment Mega Bank, a prominent institution in the country's banking sector, this development carries significant implications. The temporary absence and legal scrutiny of its top executive can naturally raise questions about corporate governance, operational stability, and investor confidence. While the bank has a robust management structure, the leadership's involvement in legal matters can cast a shadow on its reputation and potentially influence market perception. Investors often look for stability and strong ethical leadership in financial institutions, and such events can introduce an element of uncertainty. The bank's ability to navigate this period effectively, ensuring transparency and maintaining operational continuity, will be key to reassuring stakeholders. This incident also highlights the broader regulatory environment in Nepal, where authorities are increasingly vigilant in enforcing laws related to financial transactions and corporate conduct. The Smart Telecom case itself has been a complex issue, touching upon various aspects of business ethics and legal compliance. As the investigation progresses, it will be important to observe how these events shape future regulatory frameworks and corporate practices within the Nepali financial market. In a related but broader context, the release of unaudited financial statements for the fourth quarter of the fiscal year 2082/83 by all 20 commercial banks operating in Nepal has revealed a mixed performance across the sector. These statements indicate significant fluctuations in the overall financial health of commercial banks, reflecting a dynamic and sometimes challenging economic environment. Against this backdrop of varied sector performance, individual corporate developments, such as the legal proceedings involving a major bank's CEO, add another layer of complexity for investors assessing the market. The ongoing legal process concerning CEO Pandey will undoubtedly remain a focal point for stakeholders, as the financial community watches closely for further developments and their potential impact on Nepal Investment Mega Bank and the wider banking industry.
Mandu Hydropower's Share Price Adjusted Ahead of Crucial AGM and Dividend Distribution
The Nepal Stock Exchange (NEPSE) witnessed the share price adjustment of Mandu Hydropower Limited (MANDU) on Friday, Bhadra 5, as the company moved forward with its book closure for its upcoming Annual General Meeting (AGM) and proposed dividend distribution. This adjustment is a standard procedure undertaken by NEPSE to reflect the impact of bonus shares on the company's stock valuation, ensuring fair trading practices in the secondary market. Specifically, NEPSE adjusted MANDU's share price to account for a 10% bonus share issuance. Following this adjustment, the company's share price was set at NPR 763.64. This new price was determined based on the closing price of the previous trading day, Thursday, when Mandu Hydropower's shares last traded at NPR 840 per unit in the secondary market. The adjusted price serves as the benchmark for the commencement of trading on the day of adjustment, allowing investors to trade shares ex-dividend or ex-bonus. This mechanism is crucial for maintaining market integrity and providing a clear valuation for investors considering new positions or managing existing ones. Mandu Hydropower has scheduled its 14th and 15th Annual General Meeting for Bhadra 18, to be held at Nepal Banquet, Nayabazar, Kathmandu, commencing at 10:00 AM. This AGM is particularly significant as it will address several key proposals that directly impact shareholders and the company's future direction. Among the most anticipated agendas, the AGM is set to deliberate and pass special resolutions concerning dividend distribution. The board has proposed a 10% bonus share from the accumulated profits up to the fiscal year 2081/82. In addition to this, a 12% cash dividend from the accumulated profits for the fiscal year 2082/83 has also been proposed. For tax purposes related to these dividends, a 0.5263% cash dividend will also be distributed. These dividend proposals highlight the company's commitment to returning value to its shareholders, reflecting its financial health and operational performance over the respective fiscal years. Investors often view bonus shares as a sign of a company's robust financial standing and its ability to reinvest profits while also rewarding shareholders. Cash dividends, on the other hand, provide immediate liquidity to investors. Beyond the dividend proposals, the AGM agenda includes other vital corporate governance matters. Shareholders will be asked to authorize the Board of Directors to amend the company's memorandum and articles of association, a common practice to adapt to evolving regulatory landscapes or strategic objectives. The appointment of an independent auditor for the upcoming fiscal year will also be a key resolution, ensuring transparency and accountability in the company's financial reporting. Such corporate actions are integral to the lifecycle of publicly traded companies, offering shareholders a platform to engage with management and influence the company's trajectory. For investors, understanding these adjustments and AGM agendas is paramount for informed decision-making and portfolio management within the dynamic NEPSE market.
Nepal's Two-Wheeler Market Shifts Gears: Scooters Overtake Motorcycles, Electric Models Gain Traction Amidst Rising Fuel Costs
Nepal's two-wheeler market is undergoing a significant transformation, with scooters rapidly gaining ground and even surpassing motorcycles in popularity. Once considered a secondary choice, scooters are now emerging as the preferred mode of transport for a growing segment of Nepali consumers. This shift is primarily driven by their ease of operation, family-friendly design, ample storage, and superior maneuverability in congested urban traffic. The demographic appeal of scooters has also broadened considerably. What was once predominantly a choice for women has now expanded to include youth, men, parents, and even the elderly, underscoring their universal utility. Industry statistics reveal a dramatic change: approximately 15 years ago, scooters constituted a mere 5-10% of Nepal's total two-wheeler market. Today, that share has surged to nearly 50%, reflecting a profound alteration in consumer preferences and market dynamics. Several factors contribute to this burgeoning demand. The inherent simplicity of operating a scooter, particularly for short commutes, daily errands, and family use, makes it an ideal choice for a diverse range of users. Furthermore, the accessibility of financing options has played a pivotal role in accelerating scooter sales. Banks and financial institutions offering convenient installment plans have made two-wheeler ownership attainable for middle-income consumers, who can now acquire a vehicle without a substantial upfront investment. This financial flexibility has proven particularly effective for young buyers and first-time two-wheeler owners. The market also exhibits seasonal demand, with sales typically peaking during festive seasons and travel periods, prompting companies to roll out attractive discounts, financing schemes, and promotional offers. Despite the growing interest in electric vehicles (EVs), petrol-powered scooters continue to dominate the Nepali market. Established brands like Honda and Yamaha, alongside other manufacturers, maintain a strong presence, offering a wide array of models that cater to varying consumer needs in terms of design, mileage, engine capacity, features, and price points. Consumers have ample choices to select a scooter that aligns with their budget and requirements. However, the electric scooter segment, while still smaller, is demonstrating robust growth. Recent data indicates a significant increase in electric two-wheeler imports, with a 32% rise in a recent period, from 5,172 units to 6,852 units. This upward trend signals a burgeoning interest in electric mobility. Nevertheless, electric scooters still face considerable challenges that limit their broader market penetration. These include the nascent charging infrastructure, concerns regarding battery capacity and longevity, higher initial purchase costs, limited after-sales service networks, and the need to build greater consumer trust. Chiranjibi Shah, General Manager at Nebula Energy, provides valuable insight into this evolving landscape. He notes that historically, electric scooters accounted for only 5% of sales, with petrol models making up the remaining 95%. However, in the past six months, electric scooter sales have climbed to 10% of the total. Shah attributes this surge to rising petrol prices, the introduction of new EV models by various companies, and the multi-purpose utility that makes electric scooters increasingly attractive to consumers. The Nepali two-wheeler market is estimated to be around 120,000 to 125,000 units annually, with scooters now forming a substantial portion of this volume. The future promises heightened competition as new technologies, appealing designs, improved mileage, competitive pricing, and flexible financing options continue to emerge. Crucially, as electric scooter technology advances and charging infrastructure expands, their market share is expected to grow significantly in the coming years. This escalating competition between both petrol and electric models will ultimately benefit consumers by offering a wider array of choices. In conclusion, driven by convenience, enhanced utility, and evolving consumer preferences, scooters have firmly established themselves as a mainstream mode of transport in Nepal, moving beyond their previous role as a mere alternative. The burgeoning electric scooter segment, fueled by rising petrol costs and technological advancements, represents a significant growth area and an exciting prospect for investors eyeing Nepal's dynamic automotive market.
The 'Cricket Jinx' Haunting India's Corporate Sponsors: A Deep Dive into High-Stakes Partnerships and Financial Downfalls
India and cricket are inseparable, a cultural phenomenon transcending mere sport. The Indian Premier League (IPL) stands as the world's largest club tournament, a testament to the nation's fervent passion and significant investment in the game. However, beneath this glittering facade lies a peculiar and unsettling trend within India's corporate sector: a 'cricket phobia.' It appears that for many businesses, sponsoring the revered Indian cricket team has become a harbinger of financial distress, legal entanglements, or even outright collapse. This phenomenon has led to a growing perception that while cricket symbolizes national unity, it simultaneously represents a curious form of corporate misfortune. This isn't a recent anomaly but a pattern spanning three decades. Companies that have invested heavily in Indian cricket sponsorship have frequently found themselves either bankrupt or embroiled in complex legal battles. This recurring misfortune prompted industrialist Harsh Goenka to issue a stark, almost cautionary, remark on August 24, 2025 (as per the article's date, though it seems to be a future date or a typo, we will treat it as a past viral statement): 'Want to test how durable your brand is? Forget the stock market, try sponsoring the Indian cricket team!' His statement resonated widely, becoming a viral sensation, as a review of the past three decades indeed reveals an uncanny correlation. Several prominent companies, whose logos once adorned the Indian jersey, subsequently faced severe crises. This trend has even spawned the term 'Team India Jersey Jinx' on social media, linking names like Sahara India, Oppo, Byju’s, Paytm, and Dream11 to this perceived ill-omen. A Chronicle of Corporate Misfortunes: ITC/Wills (1993-2001): The modern era of major Indian cricket jersey sponsorship began in the 1990s with ITC's Wills brand. From 1993 to 2001, Wills was synonymous with Indian cricket. However, tightening regulations on tobacco advertising in India eventually made it unsustainable to continue such sponsorships. This initial major sponsor's exit, while not a financial collapse, was driven by regulatory changes rather than market performance, setting a precedent for external factors influencing these high-profile partnerships. Sahara India (2001-2013): The most significant 'cricket-corporate' downfall is arguably that of Sahara India. Becoming the principal sponsor in 2001, Sahara's name graced the Indian jersey for nearly 12 years. Its relationship with Indian cricket was profound, extending beyond mere sponsorship. Yet, Sahara India soon became embroiled in massive legal and financial controversies. The company faced severe issues with the Indian market regulator, SEBI, regarding the repayment of vast sums raised from investors. Sahara Group was accused of illegally raising ₹24,000 crore from 30 million investors in violation of regulations between 2001 and 2013. The dispute led to the arrest of Sahara India's chief, Subrata Roy, and ultimately, the company's bankruptcy. This long-standing sponsor thus became a stark symbol of corporate crisis. Star India (2014-2017): Following Sahara, Star India stepped in as a sponsor between 2014 and 2017. Coincidentally, shortly after signing the sponsorship deal, the company encountered numerous difficulties. While Star India eventually exited cricket sponsorship, it narrowly avoided collapse. Company officials reportedly described the troubles faced during their sponsorship tenure as immensely painful, highlighting the operational challenges that can accompany such high-visibility partnerships. Oppo (2017-2019): In 2017, Chinese smartphone giant Oppo became the main jersey sponsor for the Indian cricket team with a record-breaking deal worth ₹10.79 billion (approximately $130 million at current exchange rates), an unprecedented sum for a sports sponsorship at the time. However, instead of improving, the company's situation deteriorated. Sales failed to pick up, leading Oppo to transfer its remaining jersey rights to Byju’s within just two years, signaling an early termination of a seemingly lucrative partnership. Byju’s (2019-Present): Perhaps the most widely publicized recent downfall in Indian cricket jersey history is that of Byju’s. The ed-tech behemoth joined the Indian cricket team as a sponsor in 2019. What followed was a dramatic reversal of fortunes. The company's valuation plummeted from $22 billion in 2022 to a mere $3 billion in 2023, losing $19 billion within a year, and subsequently facing significant financial distress. The Board of Control for Cricket in India (BCCI) even filed a lawsuit against Byju’s, alleging non-payment of sponsorship dues as per the agreement, a legal battle that remains ongoing. Paytm (2015-2022): Paytm's narrative offers a slightly different perspective. From 2015, Paytm held the title sponsorship for Indian domestic and international cricket matches. Despite the extensive publicity gained from this sponsorship, the company's internal financial health began to decline. In 2022, Paytm transferred its sponsorship rights to Mastercard, reportedly to cut costs. Currently, Paytm is grappling with significant regulatory and market pressures. Plans to sell approximately 4.98% of its stake by August 2026 have been announced, while SEBI has initiated action concerning Paytm's 2023 loan disclosures, indicating a challenging period for the digital payments giant. Dream11 (2023-2025): The most recent and intriguing example is Dream11. In 2023, BCCI announced Dream11 as the new principal sponsor for the Indian cricket team, a three-year deal. However, in 2025, India introduced stringent legal restrictions on real-money online gaming, including a ban on advertising such platforms. This regulatory shift made it commercially unviable for Dream11 to continue its sponsorship, forcing BCCI to abruptly terminate the partnership. Apollo Tyres (Current Sponsor): On September 16, 2025 (again, a future date in the original article, we will treat it as a recent announcement), BCCI announced Apollo Tyres as the new principal sponsor for Indian cricket until March 2028, a deal worth ₹5.79 billion (approximately $70 million). The question now remains whether Apollo Tyres will defy the 'jinx' and emerge successful, or if it will succumb to the same fate as its predecessors. Unpacking the 'Jinx': Why Do Sponsors Struggle? Exorbitant Costs vs. ROI: The primary reason for these recurring crises lies in the astronomical cost of sponsoring Indian cricket. India boasts the world's most valuable cricket market, leading companies to spend hundreds of crores of rupees for a logo placement on the jersey. While this guarantees immense brand visibility, the return on investment (ROI) often fails to materialize proportionally. The sheer reach of Indian cricket drives sponsorship fees to exorbitant levels, often hundreds of crores annually. Hyper-Growth, High-Risk Companies: Many companies that enter these massive sponsorship deals are often high-risk ventures, particularly those aiming for aggressive hyper-growth, such as tech startups. They leverage large BCCI contracts for rapid brand promotion but are inherently vulnerable to internal financial weaknesses or sudden regulatory changes. For instance, Oppo's 2017-22 deal was valued at ₹10.79 billion, while Apollo Tyres' 2025-28 agreement is for ₹5.79 billion. Such massive outlays demand robust financial health and strategic foresight. Corporate Governance and Business Fundamentals: Sponsoring cricket undoubtedly makes a brand 'famous,' but it does not guarantee internal corporate governance, product quality, or profitability. Extensive publicity cannot prevent a company's downfall if its fundamental business model is flawed or its internal management is weak. The 'jinx' might, therefore, be less about a supernatural curse and more about the confluence of aggressive marketing expenditures, often by financially fragile entities, coupled with an inability to sustain operational excellence and adapt to evolving market and regulatory landscapes. Conclusion: The 'Team India Jersey Jinx' serves as a compelling case study for investors and corporate strategists. It underscores the critical importance of scrutinizing not just the visibility a sponsorship offers, but also the underlying financial health, governance structures, and regulatory resilience of a company. While the allure of associating with India's most beloved sport is undeniable, the recurring misfortunes of its sponsors highlight a crucial lesson: brand fame, without robust business fundamentals and prudent financial management, can be a perilous path.
Janata Television Chairman Arrested: Check Bounce Allegations Reignite Unpaid Salary Controversy
In a significant development that has once again brought corporate accountability into sharp focus within Nepal's media landscape, Bijay Prasad Paudel, the Chairman of Janata Television, was arrested on Thursday. The arrest, made by police from the television station's office in Baneshwor, stems from a check bounce case, a matter that carries serious legal implications under Nepali law. The charges against Chairman Paudel were initiated following a complaint filed by two former employees. They alleged that a check amounting to NPR 150,000 issued by Paudel had bounced, leading to a formal police investigation and subsequent arrest. This incident is not isolated; it casts a spotlight on a long-standing and contentious issue involving Janata Television and its former staff. For an extended period, former journalists and employees of Janata Television have been engaged in protests, demanding the payment of their outstanding salaries and other benefits. These individuals claim to have worked diligently for the organization but have not received their rightful remuneration, leading to significant financial hardship and public outcry. The arrest of the chairman on a check bounce charge, therefore, serves to reignite and amplify these existing disputes, bringing the issue of employee welfare and corporate financial discipline back to the forefront of public discourse. From an investor's perspective, even though Janata Television is not a publicly listed entity, such incidents are crucial indicators of corporate governance and ethical leadership within the broader business environment. The ability of a company's management to honor its financial commitments, particularly to its employees, is a fundamental aspect of responsible business practice. A check bounce case, coupled with persistent allegations of unpaid salaries, signals potential underlying financial mismanagement or a disregard for contractual obligations. This can erode public trust, damage the company's reputation, and create an unstable operational environment. Nepal's Negotiable Instruments Act provides a clear legal framework for dealing with check bounce cases, often leading to severe penalties, including fines and imprisonment, depending on the circumstances. The arrest of a high-ranking corporate official on such grounds underscores the seriousness with which the legal system views these financial transgressions. For the media sector, which relies heavily on public credibility and ethical conduct, such controversies can have a particularly detrimental impact on brand image and audience perception. The ongoing saga at Janata Television serves as a cautionary tale for all businesses operating in Nepal. It highlights the critical importance of robust financial planning, transparent accounting practices, and, most importantly, a steadfast commitment to employee welfare. Companies that fail to uphold these principles risk not only legal repercussions but also significant reputational damage that can be difficult to recover from. As the legal proceedings against Chairman Paudel unfold, the broader implications for corporate accountability and employee rights within the Nepali business landscape will undoubtedly continue to be a subject of keen observation.
Divergent Broker Activity: Large Brokers Sell, Small Brokers Buy – What Does This Mean for NEPSE?
The Nepal Stock Exchange (NEPSE) has been witnessing a fascinating, yet concerning, divergence in trading patterns over the past two weeks. While large brokerage firms have consistently exhibited significant selling pressure, smaller brokers have shown a growing inclination towards accumulation. This contrasting behavior, however, has not been sufficient to halt NEPSE's downward trajectory, leaving investors to ponder the market's immediate future and the potential outcomes for those on either side of this divide. An in-depth analysis of trading data from July 31st to August 20th, encompassing 15 trading days, reveals a clear trend. Large brokerage houses have maintained a predominantly bearish stance throughout this period, consistently registering higher selling volumes compared to buying. For instance, on August 20th, large brokers accounted for 52.31% of total sales against 47.69% of purchases, indicating a net selling position of 4.62 percentage points. This pattern is not an isolated incident; across all 15 trading days, their selling volume surpassed buying. The peak selling pressure from large brokers was observed on August 3rd, with sales reaching 53.32% of their total transactions. On average, over this two-week span, large brokers' selling share stood at approximately 51.58%, outweighing their buying share of 48.42% by about 3.15 percentage points. This sustained selling by larger players often signals a lack of confidence among institutional investors or a strategic move to book profits, potentially anticipating further market corrections. Conversely, small brokerage firms have displayed an opposite trend, particularly since August 6th. For 11 consecutive trading days leading up to August 20th, small brokers have shown a net buying position. On August 20th, their buying share was 51.08% against a selling share of 48.92%. This buying enthusiasm peaked on August 11th, with purchases constituting 51.20% of their total transactions. On average, small brokers recorded a buying share of approximately 50.27% versus a selling share of 49.73% over the 15-day period. This shift suggests that retail investors, who typically trade through smaller brokers, might be perceiving the current market dips as opportune entry points, driven by a belief in long-term growth or a speculative bet on a quick rebound. Despite the increasing buying activity from small brokers, the overall NEPSE index has continued its decline. From 2685.54 points on July 31st, the index has fallen to 2629.40 points by August 20th, marking a 2.09% decrease over the 15 trading days. This critical observation raises a fundamental question: why isn't the market responding positively to the sustained buying from a segment of investors? The answer likely lies in the sheer volume and impact of transactions. The consistent selling pressure from large brokers, often representing institutional funds or high-net-worth individuals, appears to be significantly outweighing the cumulative buying power of smaller, individual investors. This indicates that the market's overall supply from large-scale sellers is too substantial for the demand generated by small-scale buyers to absorb, leading to continued downward pressure on prices. The current market scenario presents a classic tug-of-war between two distinct investor segments. The critical support level for NEPSE currently hovers around the 2620-2630 point range. The market's direction in the coming days will largely depend on whether the selling pressure from large brokers subsides and if the buying momentum from small brokers can intensify enough to reverse the trend. If NEPSE manages to hold these support levels and shows signs of recovery, investors who have been accumulating shares through smaller brokers might see their positions turn profitable. However, if the selling pressure persists and the index breaches these critical levels, those who bought during this period could face further losses. The outcome of this battle between institutional selling and retail buying will ultimately dictate the short-to-medium term trajectory of the NEPSE, making careful observation of these broker-specific trends crucial for all market participants.
Nepal's Commercial Banks Navigate Volatile Q4: Unaudited Financials Reveal Mixed Performance
The recent publication of unaudited financial statements for the fourth quarter of Fiscal Year 2079/80 by all twenty commercial banks operating in Nepal has provided a crucial snapshot of the nation's financial health. These reports, eagerly awaited by investors and market analysts alike, reveal a landscape characterized by significant fluctuations across the sector. This mixed performance underscores the dynamic challenges and opportunities currently shaping Nepal's banking industry, a cornerstone of the Nepal Stock Exchange (NEPSE). The term "significant fluctuation" in the context of banking financials can encompass a variety of metrics, indicating a divergence in performance among individual institutions. While some commercial banks have demonstrated resilience and robust growth in key areas such as net profit, earnings per share (EPS), and return on equity (ROE), others appear to be navigating headwinds, reflected in rising non-performing loans (NPLs), tighter liquidity, or slower credit growth. Investors are particularly keen on dissecting these reports to identify banks with strong asset quality, efficient operational management, and sustainable growth trajectories. Several factors contribute to this varied performance. The prevailing macroeconomic environment, including interest rate regimes set by Nepal Rastra Bank (NRB), has a profound impact. Higher interest rates, while potentially boosting net interest income for some, can also increase the cost of funds and lead to higher loan defaults for others, particularly in sectors sensitive to borrowing costs. Similarly, the overall economic activity, including government spending, infrastructure projects, and private sector investment, directly influences credit demand and deposit mobilization. Banks with diversified loan portfolios and strong risk management frameworks are better positioned to weather economic shifts. The regulatory landscape also plays a pivotal role. NRB's directives on capital adequacy, provisioning for bad debts, and sector-specific lending limits directly influence banks' operational strategies and profitability. Banks that have proactively managed their capital buffers and maintained stringent credit assessment processes are likely to report healthier balance sheets. Conversely, those facing challenges in these areas might see their profitability constrained by increased provisioning requirements or the need to raise additional capital. For investors on NEPSE, the banking sector's performance is a critical indicator of overall market sentiment. As the largest and most influential sector on the exchange, the collective health of commercial banks often dictates the broader market's direction. Positive results from leading banks can instill confidence, driving up stock prices and attracting further investment, while widespread underperformance can trigger market corrections. Therefore, a thorough analysis of these unaudited reports is essential for making informed investment decisions. Investors should look beyond headline profit figures and delve into metrics such as NPL ratios, cost of funds, net interest margin, and capital adequacy ratios to gauge a bank's true financial strength and future dividend potential. Looking ahead, the Nepalese banking sector is poised for continued evolution. Challenges such as managing credit risk in a fluctuating economic climate, adapting to digital transformation, and ensuring compliance with evolving regulatory standards will remain paramount. However, opportunities abound in expanding financial inclusion, leveraging technology for efficient service delivery, and supporting key economic growth sectors. The Q4 FY 2079/80 results serve as a vital benchmark, offering insights into which institutions are best equipped to capitalize on these opportunities and deliver sustained value to their shareholders in the coming fiscal year.
NEPSE's Stagnation: An Investor's Perspective on Policy Gaps, Manipulation, and the Path Forward
The Nepal Stock Exchange (NEPSE) has been experiencing a prolonged period of sluggishness, leaving investors hesitant despite favorable macroeconomic conditions such as policy reforms and historically low-interest rates. This lack of investor confidence is a critical challenge that the government and regulatory bodies must address to revitalize the market. In an insightful interview, seasoned investor Pradip Sinkhada shared his perspective on the current market dynamics, highlighting key issues ranging from policy inconsistencies to market manipulation. Sinkhada notes the conspicuous absence of the anticipated 'Saune Bull' – the traditional market surge observed at the beginning of the new fiscal year in Shrawan (mid-July to mid-August). Despite ample liquidity in the market, investors remain largely inactive, adopting a 'wait and watch' approach. This cautious sentiment is primarily due to the lack of attractive trading opportunities, leaving many on the sidelines. One significant point of contention is the government's approach to capital gains tax. While the government increased the capital gains tax rate for the current fiscal year, it paradoxically collected less revenue than in previous periods. Sinkhada argues that this reflects a fundamental misunderstanding by the government, which seems to believe that merely raising tax rates will automatically boost revenue. Instead, he suggests, a thriving market that empowers investors would generate sustainable revenue. The focus on increasing tax burdens rather than fostering investor confidence has inadvertently stifled market growth and discouraged participation. Investor fear, according to Sinkhada, is another major impediment. He illustrates this with an anecdote about a tiger and a buffalo, both wary of each other due to unfamiliarity, until one's action reveals its nature. Similarly, investors are apprehensive about the government's inconsistent actions – encouraging investment on one hand, while simultaneously engaging in activities that instill fear, such as the arrest of businessmen. This disparity between rhetoric and action has led investors to feel like potential prey, making them reluctant to commit capital confidently. Regarding the Nepal Securities Board (SEBON), Sinkhada acknowledges its efforts towards technical improvements, such as filtering out weak companies from initial public offerings (IPOs) that have negative net worth. While these are positive steps, he emphasizes that policies must translate into tangible, results-oriented implementation. The market's demand side remains weak, necessitating a concerted and collaborative effort from SEBON, Nepal Rastra Bank (NRB), and the Ministry of Finance to create a robust and attractive investment environment. The prospect of attracting Non-Resident Nepalis (NRNs) to the market is welcomed, but Sinkhada cautions that NRNs will primarily seek fundamentally strong and profitable companies. He stresses the importance of maintaining a high standard for listed companies, warning against allowing the market to become saturated with weak entities that could erode its credibility and deter foreign investment. An alarming trend observed is the disproportionate performance of newly listed companies compared to older, fundamentally sound ones. Sinkhada attributes this to factors like promoter lock-in periods and a smaller float of shares, which make these stocks susceptible to manipulation by limited groups. The allure of potential right shares and bonus shares is often used to artificially inflate prices, diverting attention from established companies with strong fundamentals. Concerns about the misuse of technology, specifically Artificial Intelligence (AI), for market manipulation are also raised. While direct evidence is scarce, the appearance of orders at times when manual entry is impossible suggests potential technological abuse. Sinkhada points to Nepal's weak surveillance system as an enabler, allowing influential individuals to potentially exploit AI for their benefit, underscoring the urgent need for vigilant regulatory oversight. Despite historically low-interest rates (7-8% for bank loans), margin lending remains risky. Sinkhada explains that the current sideways market means that even these low rates might not be covered by trading profits or dividends, making debt-financed investments precarious. Furthermore, while new instruments like intraday trading and short selling are signs of market evolution, they are a double-edged sword. While they can enhance market depth, short selling, in particular, carries the risk of exacerbating panic and driving the market further down during periods of instability. The disparity in settlement systems, where some private brokers offer one-day settlement while NEPSE's government-operated TMS takes two days, creates an uneven playing field. This allows those with faster settlements to capitalize more effectively on market fluctuations, disadvantaging general investors. Uniformity in technology and settlement processes is crucial for fairness and efficiency. In this uncertain market, Sinkhada advises investors to adopt a cautious strategy: avoid investing with borrowed money, prioritize companies with strong fundamentals and a history of dividend payouts, and buy shares when prices are low rather than chasing rising prices. Ultimately, restoring investor confidence and fostering a healthy, transparent market requires a unified and consistent approach from all regulatory and governmental bodies.
SEBON Seeks Input on Draft Debt Instrument Regulations to Diversify Capital Market
The Nepal Securities Board (SEBON) has taken a significant step towards the comprehensive reform of the nation's capital market by unveiling the draft of the 'Debt Instrument Registration and Issuance Regulations, 2083'. This pivotal move is accompanied by an open invitation for feedback and suggestions from all relevant stakeholders, underscoring SEBON's commitment to inclusive policy-making. This initiative aligns perfectly with the ambitious goals outlined in the 'Nepal Capital Market Development Roadmap 2083', which envisions a strategic shift from the current equity-centric market towards a more robust and diversified multi-product financial landscape. For years, Nepal's capital market has predominantly revolved around equity instruments, limiting the avenues for both investors and corporations. This over-reliance on equity has often led to market volatility and restricted the availability of long-term financing options for a broader spectrum of businesses. Recognizing these limitations, SEBON had previously articulated its intent to foster an institutional debt market within its policy and program for the fiscal year 2083/84. The development of such a market is crucial for enhancing market depth, improving liquidity, and establishing more sophisticated risk management frameworks, all of which are vital for a mature financial ecosystem. SEBON firmly believes that the proposed regulations will be instrumental in making the debt market more diversified, competitive, and transparent. A key aspect of these new regulations is the expansion of eligible issuers. Historically, debt instruments in Nepal have been almost exclusively issued by banks and financial institutions. The revised legal provisions, formulated based on international best practices, will now empower other qualified organized institutions to tap into the debt market for mobilizing long-term financial resources. This expansion is expected to unlock new avenues for corporate financing, allowing a wider range of companies to fund their growth and expansion projects through debt, thereby reducing their dependence on traditional bank loans or equity dilution. The draft regulations, meticulously prepared by SEBON's Law Strengthening Committee with necessary amendments, are now open for public consultation. This public discourse phase is critical to ensure that the final regulations are not only effective but also contemporary and well-suited to the unique dynamics of the Nepali market. Stakeholders, including investors, issuers, financial institutions, market intermediaries, and legal experts, are encouraged to submit their opinions, suggestions, or feedback regarding this draft. The deadline for submissions is within seven days from the date of the notice's publication, with all inputs to be sent to SEBON's official email address, support@sebon.gov.np. SEBON has affirmed its commitment to a thorough review process, stating that it will conduct a detailed study and analysis of all suggestions received from stakeholders before finalizing the regulations. This collaborative approach is expected to yield a regulatory framework that is robust, fair, and conducive to market growth. The main features of the regulations, a brief description, and the full text of the draft are readily accessible on SEBON's official website, ensuring transparency and ease of access for all interested parties. The successful implementation of these regulations is poised to bring about a paradigm shift in Nepal's capital market. By fostering a vibrant and well-regulated debt market, SEBON aims to provide investors with more diversified portfolios, offer companies more flexible financing options, and ultimately contribute to the broader economic development of the nation. This strategic move is a testament to SEBON's proactive vision for a more organized, dynamic, and resilient Nepali capital market, capable of supporting sustained economic growth and attracting both domestic and international investment. The move signifies a crucial step towards aligning Nepal's financial market infrastructure with global standards, promising a more sophisticated and inclusive financial future.
CIBIFIN Expresses Grave Concern Over Legal Scrutiny in Nepal Investment Mega Bank's Collateral Auction
The Confederation of Banks and Financial Institutions Nepal (CIBIFIN) has voiced profound concern regarding the ongoing investigation and legal actions initiated against certain key individuals in connection with Nepal Investment Mega Bank's collateral auction process. This development has sparked a critical debate within the financial sector, raising fundamental questions about legal precedence, regulatory authority, and the operational environment for banks in Nepal. CIBIFIN highlights a significant legal quandary: whether sectoral regulations issued subsequent to the creation of a bank's primary right over an asset, established under existing laws, can effectively nullify or undermine that initial right. This issue is paramount for the stability and predictability of the banking sector. Furthermore, the confederation seeks clarity on whether the revocation of a business license automatically transfers all associated assets to state ownership, or if a bank's legally established ownership and collateral security rights, predating such revocation, remain intact. The extent to which later-issued regulations can impact rights previously granted by primary legislation is a crucial point of contention that demands immediate resolution. In its statement, CIBIFIN underscored the urgent need for clear legal provisions that delineate which laws and rights banks should rely upon when extending and recovering loans. This clarity is vital for fostering a stable lending environment and ensuring the efficient functioning of financial institutions. The confederation also emphasized that the primary authority for conducting technical and regulatory assessments of institutional decisions related to loan disbursement, collateral security, loan recovery, and auctions rests with Nepal Rastra Bank (NRB). CIBIFIN firmly believes that such technical and regulatory scrutiny by the NRB should precede any formal investigation or legal action, ensuring a comprehensive and informed approach. While acknowledging the ongoing legal dispute is sub judice and expressing profound respect for the dignity, independence, impartiality, and judicial process of the courts, CIBIFIN remains confident that the matter will be resolved appropriately in accordance with the constitution, prevailing laws, established precedents, and judicial practices. The confederation stressed that any examination of collateral auctions and related institutional decisions must meticulously evaluate their technical, commercial, and regulatory dimensions, always prioritizing the bank's interests, the security of depositors' funds, and the imperative of loan recovery. CIBIFIN issued a stern warning that proceeding with investigations and prosecutions without a clear distinction between legitimate professional banking decisions, potential regulatory errors, and genuine criminal acts could severely undermine the banking sector's decision-making capacity, erode corporate governance standards, dampen leadership morale, and ultimately diminish public trust. Such an environment of uncertainty could deter prudent risk-taking essential for economic growth. The confederation also stressed the critical importance of protecting the privacy and sensitivity of customer information, internal bank decisions, business details, and personal facts obtained during investigations, in strict adherence to legal provisions. This incident has also brought to the forefront significant policy questions concerning the security and risk assessment of loans extended to national priority sectors, such as hydropower, telecommunications, and infrastructure, which often rely on government licenses. If recent decisions related to such licenses render previously established ownership or security rights uncertain, CIBIFIN questions how banks lending to these vital sectors are expected to accurately assess and manage risk. Furthermore, the confederation called for a clear policy framework to determine who bears the additional risks associated with loans prioritized or mandated by the state or regulatory bodies. Such legal and policy ambiguities, CIBIFIN cautioned, could have profound and long-lasting adverse effects on loan disbursement, the cost of credit, overall financial stability, and the broader economy, urging the Nepal government and relevant authorities to address these concerns proactively. Finally, CIBIFIN advocated for discouraging the criminalization of civil and regulatory disputes concerning transactions, liabilities, and rights between banks, borrowers, and the government, particularly in the absence of objective evidence of clear criminal intent or culpable actions. While affirming that no entity is above the law and that proven illegal activities must be met with appropriate legal action, CIBIFIN reiterated its unwavering commitment to upholding the rule of law, fostering the sustainable development of the banking sector, and contributing to the creation of a robust economy through necessary coordination and cooperation with all relevant stakeholders.
NRB Governor, Deputy Governors and Directors’ Tenure Proposed to Be Limited to Three Years
The tenure of the Governor, Deputy Governors and Board Directors of Nepal Rastra Bank (NRB) is set to be reduced from five years to three years, following an agreement reached by the Federal Parliament’s Finance Committee. The agreement was reached during discussions on the bill seeking to amend the Nepal Rastra Bank Act, 2058. Committee Chair Dr. Krishna Hari Budhathoki said the proposed amendment would limit the initial term of the Governor, Deputy Governors and Directors to three years. Under the proposed provision, officials completing a three-year term could be reappointed for an additional two years based on a performance evaluation by the government. If reappointed, their total tenure could extend to a maximum of five years. Currently, the Governor and Deputy Governors of Nepal Rastra Bank serve five-year terms. The Governor can be reappointed once, while there is no similar restriction on the reappointment of Board Directors. If the amendment is endorsed by Parliament, the initial tenure would be limited to three years, with an additional two years possible only through reappointment based on performance. The Finance Committee has also agreed to make the presence of at least one woman mandatory on the Nepal Rastra Bank Board of Directors. Under the proposed arrangement, the NRB Board would consist of seven members, including at least one woman. The proposed changes are part of broader amendments to the Nepal Rastra Bank Act concerning the tenure and reappointment of the Governor, Deputy Governors and Directors. The provisions will become legally effective only after the amendment bill is passed by Parliament.
When Will NEPSE Rise?
Investor Perspective: Some say it will rise by tomorrow, some investor say it will rise by Next Week and some even say it will rise before Dashain festival, But when will NEPSE rise? Nobody knows. Share Sansar conducted a comprehensive research on what investor says about current market trend and asked one common question to all “When Will NEPSE Rise”. Most of the investor said “we are not sure when we see the upward movement, some even predicated that it will rise by next week. One of the investor says market will go back to the 2500 level and then it goes sharply towards 2700 mark. Let’s see what the technical perspective holds: We see currently in daily time frame NEPSE is in downtrend, before it continues downtrend it reaches around 2760 points and thereafter it headed towards to touch 2570 mark which represent as a short term support in the technical chart. Many investors say it will re bounds after touching 2570 marks, some say it won’t go below 2500. If it rebounds from the current level we see this is heading towards short term resistance which marks around 2760 in short run. Regulatory body actively says they are working to reform the market and introduce new product that leads to the fundamental gain in long run. But at this time no IPO is coming, pipeline reaches 108 companies, and SEBON chair man Bhatta says we are working for the market development and soon new product will launched in the market. Let’s See what Fundamental Holds: Note: Data Source SS PRO Since 1997, data shows the highest gain in NEPSE occurs in July, but this year July has gone without any big movement in NEPSE. In august NEPSE volume is very low, day to day market rises and falls only by 2/3 points not more than that and turnover haven’t crosses 5/6 Arba in last two week. Investor are confuse whether they should buy or sell shares they hold at this time. One of the investor frankly says “market needs Bishnu Paudel to rise again”. Regulatory body already published it’s market reforms framework and it is in the process to launch new product, Margin lending directive is already issued, After Market Order is Lived, Auto EDIS feature is in the process. So regulatory body are doing the work to develop market, now what needs in the market is confidence of share holder to put money in the market that leads to the overall gain of the NEPSE.