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The Nepal Stock Exchange (NEPSE) gained 17. 24 points to close at 2,046.26 points on Sunday. Similarly, the sensitive index surged by 2. 71 points to close at 394. 01 points A total of 10,880,904 unit shares of 261 companies were traded for Rs 4. 04 billion. Meanwhile, Shrijanshil Laghubitta Bittiya Sanstha Limited was the top gainer today, with its price surging by 10. 00 percent. Siddhartha Equity Fund was the top loser as its price fell by 5.57 percent. At the end of the day, total market capitalization stood at Rs 2. 95 trillion.

Prime Minister Pushpa Kamal Dahal has expressed his belief that the Pokhara International Airport would contribute significantly in the economic development of the country. He said that the Pokhara International Airport would not only help develop the economy of the district but of the whole country. The Prime Minister had reached Pokhara this morning to inaugurate the airport. He was of the opinion that the dream of the people of Pokhara has been fulfilled with the operation of the airport. Prime Minister Dahal, who is also the Chairman of the CPN (Maoist Center) said that he felt happy and proud to inaugurate the airport less than a week after becoming the prime minister for the third time. He said that he had been saying that an international airport should be constructed in Pokhara since he signed the peace agreement. Prime Minister Dahal further said that he had also held discussions with concerned persons for the construction of the airport.  

Prime Minister Pushpa Kamal Dahal inaugurated Pokhara International Airport amidst a special program on Sunday. The Prime Minister had arrived in Pokhara this morning to inaugurate the airport. He was accompanied by Deputy Prime Minister and Finance Minister Bishnu Poudel. Senior leaders of various political parties had also reached Pokhare to attend the inauguration ceremony. With the inauguration of the airport, all the domestic flights will be operated from today. The locals of Pokhara have been elected with the operation of the airport after a long wait. The prosperity of Pokhara has been expected from the same. Though the airport officially came into operation from today, the date for the operation of international flights has not been fixed yet. Thai Smile Airways and Jazeera Airways among others have been showing willingness to operate the flights, the Civil Aviation Authority said. The Pokhara Metropolitan City gave its citizens the public holiday today to make the day special.

Prime Minister and CPN (Maoist Center) Chairman Pushpa Kamal Dahal has said that the policy of the incumbent government is to do good work. He said so during a meeting held with the CPN (Maoist Center) Karnali Province leaders and cadres on Sunday. Saying that the prime minister has to win the trust of people by doing good works, Prime Minister Dahal said, “Nothing is impossible if we work wholeheartedly for the development and prosperity of the nation.” Expressing his happiness for being his party ahead of others in Karnali Province, he said that the current government is focused on developing that region. The prime minister directed the to be formed government in the Karnali Province to give priority for the economic development of the Karnali Province.

CPN (Maoist Center) leader Khagraj Bhatta has been elected as the party’s Parliamentary Party leader in Sudurpaschim Province. A meeting held at the Parliamentary Party Office of the Province on Sunday morning unanimously appointed Bhatta to the post. The Maoist Center said that Bhatta, who is also a Standing Committee member and an in-charge of the Maoist Center Sudurpaschim Province, was elected as the party’s Parliamentary Party leader in the province.  

The price of gold has increased by Rs 300 per tola in the domestic market on Sunday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 101, 700 per tola today. It was traded at Rs 101, 400 on Friday. Meanwhile, tejabi gold is being traded at Rs 101, 200 per tola. Similarly, the price of silver has increased by Rs 5 and is being traded at Rs 1, 400 per tola today.

China has appointed Qin Gang, a trusted aide of President Xi Jinping, as its new foreign minister, state radio reported on Friday, Reuters reported.

Qin, 56, and currently China’s ambassador to the United States, replaces Wang Yi, who has been foreign minister for the past decade. Wang, 69, was promoted to the politburo of the Chinese Communist Party in October and is expected to play a bigger role in foreign policy.

A rising star in the foreign ministry, Qin rose through various positions including as the ministry’s spokesman and postings at the Chinese embassy in Britain, according to Reuters.

He served as Xi’s chief protocol officer between 2014 and 2018.

Following his appointment, Qin will return to Beijing from Washington after 17 months as China’s 11th ambassador to the United States.

In an essay published in American bi-monthly magazine the National Interest this week, Qin gave an overview of China’s position on foreign policy and reiterated that China-U.S. relations were not a zero-sum game.

Indian Ambassador to Nepal Naveen Srivastava paid a courtesy call on Prime Minister Pushpa Kamal Dahal on Friday. During the meeting held at the Prime Minister’s official residence in Baluwatar, the duo insisted on further consolidating the Nepal-India ties, according to the Prime Minister’s Secretariat. On the occasion, the ambassador handed a letter of congratulations to Dahal sent by his Indian counterpart Narendra Modi.