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China has begun quietly notifying select companies about exemptions from its 125% tariffs on certain US-made goods. The move comes as Beijing strives to mitigate the domestic effect of its protracted trade disputes with Washington, Reuters reported.

Although China has previously issued waivers for products such as pharmaceuticals, microchips, and aviation engines, the existence of a broader "whitelist" of exempted commodities has not been made public until now.

Local authorities are contacting companies individually to advise them that specific product classifications may be spared from tariffs.

In addition, Reuters claimed that China has recently waived tariffs on US ethane imports, following industry requests for exemptions due to the lack of alternative suppliers.

China’s commerce and customs ministries have not commented on the reported exemptions.

President Donald Trump's second term marked the worst 100-day performance in US markets since the 1970s. According to MarketWatch, the S&P 500 has fallen 7.3 percent, the Dow 6.8 percent, and the Nasdaq 11 percent since his January 20 inauguration, Firstpost reported.

Trump's unpredictable economic policies, such as increased tariffs, massive public-sector layoffs, and federal program shutdowns, have rattled markets and heightened recession fears. JPMorgan expects a 60 percent chance of a recession, while Goldman Sachs predicts 45 percent.

Historically, markets have risen during a president's first 100 days. Since 1929, the S&P 500 has increased by an average of 3.8 percent. The only worse drop occurred in 1973, under Nixon. The dip also contrasts starkly with the 3.7 percent post-election rise, which was driven by the expectation of market-friendly policies, as stated by the Firstpost.

Nagarik Unmukti Party leader Resham Chaudhary has been arrested on Wednesday.

Police apprehended Chaudhary from the premises of the program venue in Pragya Bhawan at a time when preparations were underway to announce the party unity between Nagarik Unmukti Party and Janamat Party.

The reason behind the arrest is yet to be ascertained.

The Ministry of Health and Population has directed all public healthcare facilities across the country to disclose complete identification details of the doctors and health workers involved in treatment of patients.

Healthcare professionals have been instructed to ensure that the recommendations for radiology, laboratory tests and other diagnostic procedures are clearly documented in patients' report cards.

The Ministry, in a circular today, issued the order towards this with an objective to ensure accountability and transparency in the public health sector.

The move is also expected to further facilitate in treatment of the patients as well to simplify the re-testing process for patients 

All the federal hospitals and health institutions have been asked to include all vital identification details of the doctors such as full name, medical specialization, Nepal Medical Council's registration and signature of the doctors among others in the patients' report card.

Spokesperson of Ministry, Dr Prakash Budhathoki, shared that the directive is intended to mitigate the malpractice of referring patients elsewhere for testing when those facilities are available in-house.

According to him, the incomplete prescription and absence of complete medical documentation had been creating challenges in proper diagnosis and treatment of the patients.

He expressed his confidence that the mandatory disclosure of the identification details of the medical professionals in patients' report cards would make medical professionals more responsible and accountable.

It may be noted that Minister for Health and Population Pradip Paudel, emphasizing reforms in curative services for the patients in public healthcare facilities, has been adopting several initiatives and measures to make healthcare services affordable and accessible.

The recent directive is a part of the Minister's broader initiatives to improve the services in the public health sector.

Prime Minister Narendra Modi chaired the Cabinet Committee on Security (CCS) on Wednesday following the Pahalgam terror attack that killed 26 people, including a Nepali citizen.

The CCS, comprising key ministers including Rajnath Singh, Amit Shah, S. Jaishankar, and Nirmala Sitharaman, strongly condemned the Pakistan-backed assault and was briefed on its cross-border links, Firstpost reported.

Officials emphasized that the attack occurred during peaceful elections and continuous development in Jammu and Kashmir. In a strong response, the government suspended the Indus Waters Treaty, indicating a hardline stance against Pakistan's support for terrorism.

Earlier on Tuesday, Prime Minister Modi met with Defence Minister Rajnath Singh, National Security Advisor Ajit Doval, Chief of Defence Staff Gen. Anil Chauhan, and the three service chiefs to conduct a high-level security review.

The Prime Minister expressed entire trust in the military forces and gave them complete operational authority over the time, targets, and mode of response. He emphasized that India will continue to battle terrorism, according to the Firstpost.

The price of gold has dropped by Rs 700 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 188, 100 per tola today. It was traded at Rs 188, 800 per tola on Tuesday.

Similarly, the price of silver has dropped by Rs 5 and is being traded at Rs 1,965 per tola today.

Laxmi E-Mobility Pvt. Ltd. and G.O. Automobiles Pvt. Ltd. were jointly honored with the 'Most Promising Partner' award at the Kaiyi Auto Global Business Conference 2025 held at Yibin, China.

This prestigious recognition reflects the outstanding efforts of Laxmi E-Mobility and G.O. Automobiles, the authorized distributors of Kaiyi Motors for Nepal, in introducing and promoting Kaiyi vehicles in the Nepali market, as well as their strong growth potential and commitment to customer satisfaction.

Building on this momentum, Kaiyi Nepal—through Laxmi E-Mobility and G.O. Automobiles—is preparing to launch an exciting lineup of new models that are thoughtfully designed to meet the specific needs and preferences of Nepali consumers.

With this award, Laxmi E-Mobility and G.O. Automobiles reaffirm their dedication to delivering innovative and reliable mobility solutions across Nepal.

Meta unveiled new AI technologies at its first developer conference in California.

CEO Mark Zuckerberg presented a new Application Programming Interface (API) that allows developers to create AI products based on Meta's Llama model while combining characteristics from other models such as DeepSeek and Qwen, according to Reuters.

The API is currently available in preview for select users, with pricing yet to be announced. APIs are a key revenue source for competitors like OpenAI, the creator of ChatGPT.

Meta has released a standalone AI assistant app focusing on natural voice interaction. Chris Cox, Chief Product Officer, stated that it provides low latency, expressive voice answers, and personalized experiences by tying to users' Facebook and Instagram activity.

Reuters reports that Meta plans to test a paid subscription for its AI assistant in the second quarter.