Latest from Pritam Bhattarai
NEPSE slips as investors rotate into banks and manufacturing
By Pritam Bhattarai The benchmark index fell 0.66 percent to close at 2,629.81 in a shortened trading week, while average daily turnover edged up to Rs6.12 billion as investors shifted away from hydropower and finance stocks.
Why was Nepal’s stock market shut on Monday
By Yagya Banjade & Pritam Bhattarai A ransomware attack at a data centre serving 72 brokers has disrupted trading, leaving investors concerned about the market’s resilience and the security of their data.
NEPSE edges higher as turnover jumps 26 percent
By Pritam Bhattarai The index gained 0.66 percent in a four-session week, but analysts say stronger trading activity is needed to confirm a sustained recovery.
Nepal waives health insurance fees in flood-hit districts
By Pritam Bhattarai Patients in Rasuwa, Nuwakot and Dhading will not have to pay co-payments or show physical insurance cards for three months.
NEPSE falls as flood concerns weigh on insurance, hydropower
By Pritam Bhattarai The index slips 0.57 percent in a four-session week, erasing about Rs30 billion in market value as thin trading and weak momentum keep the market near key support.
Nepal flood death toll reaches 1,342
By Pritam Bhattarai Police say 4,886 people remain missing and 1,030 bodies have been buried as search operations continue.
Updates: Bhotekoshi flood toll reaches 626 as 2,426 remain unaccounted for
By Pritam Bhattarai Three days after the disaster, search teams continue looking for missing people across northern and central Nepal.
Trump says US will provide ‘anything’ Nepal needs after deadly flood
By Pritam Bhattarai Nepal’s death toll has reached 475, while hundreds remain missing and 90 Americans are still unaccounted for, according to Nepali and US officials.
Updates: Nepal flood death toll reaches 475 as hundreds remain missing and search widens downstream
By Pritam Bhattarai Search and rescue teams are working across northern and central Nepal after Wednesday’s flash flood swept through communities along the Bhotekoshi and Trishuli rivers, carrying people and debris far downstream.
Nepal flood death toll rises to 359 as search for missing continues
By Pritam Bhattarai The toll from Wednesday’s devastating floods rose sharply on Thursday, with the highest number of bodies recovered in Chitwan and Nawalparasi East as police and security agencies continued search and rescue operations.
Weak demand keeps Nepal’s stock market under pressure
By Pritam Bhattarai NEPSE drops 0.95 percent as weekly turnover rises 15 percent, wiping Rs43 billion off investors’ market wealth, while analysts call for measures to restore confidence and boost demand.
Nepse struggles to gain momentum as investors lose Rs7 billion in wealth
By Pritam Bhattarai The market shed 6.26 points to close at 2,643.83 as turnover fell 14.22 percent, with investors remaining cautious despite improved financial results from listed companies.
US ends TPS protection for Nepali immigrants
By Pritam Bhattarai The move strips thousands of Nepalis of a decade-long legal safeguard that allowed them to live and work in the US.
Nepse falls 35 points, wiping Rs70 billion off market value
By Pritam Bhattarai The benchmark index dropped 35.45 points or 1.32 percent, last week as selling pressure pulled down 11 of Nepse’s 13 sectoral indices.
Nepse drops 1.79 percent on cautious trading
By Pritam Bhattarai Market loses Rs80 billion in capitalisation as investors hold back amid uncertainty.