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Chinese President Xi Jinping said on Monday during a meeting with his U.S. counterpart, Joe Biden, that as leaders of two major countries, they need to chart the right course and find the right direction for bilateral ties and elevate the relationship, Xinhua reported.

The Nepal Stock Exchange (NEPSE) gained 21. 29 points to close at 1,904.45 points on Monday. Similarly, the sensitive index surged by 4. 51 points to close at 375. 04 points. A total of 2,452,084 unit shares of 226 companies were traded for Rs 94 billion. Meanwhile, Taragaon Regency Hotel Limited was the top gainer today, with its price surging by 9. 84 percent. Laxmi Equity Fund was the top loser as its price fell by 6. 58 percent. At the end of the day, total market capitalization stood at Rs 2. 73 trillion.

Senior leaders of the major political parties Nepali Congress, CPN-UML and CPN (Maoist Center) have left nothing to take the credit of the new political map issued by including Kalapani, Lipulekh and Limpiyadhura inside Nepal borders. Though the new map has been unanimously endorsed from the House of Representatives, senior leaders of these three parties have been doing their best to take the credit. Top leaders of these three parties have made the new map their election agenda. Addressing an election assembly in Darchula a few days ago, UML Chairman KP Sharma Oli expressed his commitment among the people of the district that they would bring back the Nepali land included in the new map if his party emerged victorious in the upcoming elections. Later, Prime Minister and Nepali Congress President Sher Bahadur Deuba and CPN (Maoist Center) Chairman Pushpa Kamal Dahal said that the new map was not issued by the single effort of Oli. Earlier, UML Chairman Oli had claimed that the new map of Nepal including Kalapani, Lipulekh and Limpiyadhura was issued only by his effort. Deuba and Dahal had publicly criticized Oli’s claim. Though the senior leaders of the major political parties have made Kalapani, Lipulekh and Limpiyadhura their election agenda, almost all of them are silent on the Nepal-China border issues. Only the Nepali Congress has mentioned the Nepal-China border issues in its election manifesto. There are border disputes in some districts of Nepal-China border while border pillars have been lost in some places. Experts have been claiming that there are border disputes especially in Humla, Gorkha and Dolakha with China. People of Humla, Gorkha, Taplejung, Sankhuwasabha and Rasuwa among others districts have been facing problems in the border areas linked with Tibet of China. Ridiculously, neither the candidates of the major political parties have spoken publicly about the border issues and the problems faced by the people nor have they made their election agenda. Nepal has been facing a serious border problem in Humla. The government’s reports have also shown that China has encroached upon the border areas of Humla. Saying that China has encroached upon Nepali land from Lami Lapcha to Hilsa of Humla, the government had formed a study committee to investigate the same last year. The Home Ministry had formed a seven-member committee under the headship of Joint Secretary Jaya Narayan Acharya to find out the truth of the border issues seen with China in Humla. Acharya's team had pointed out that there is a border dispute with China in Humla. The report had suggested the Nepal government remove the fence installed by the Chinese side unilaterally. But, the government has been turning a blind eye to the suggestions and problems pointed out in the report. It has mentioned in the report that China has unilaterally constructed a building in the border area of Limi Lapcha. The study committee had suggested the government resolve the issues through a diplomatic channel. The Home Ministry, however, has kept the report confidential. Coordinator of the Study Committee Acharya had handed over the report to Home Minister Bal Krishna Khand. Acharya has been working as the Chief District Officer of Lalitpur at present. The concerned stakeholders have been expressing discontent for keeping the report secret. After the issues came to limelight, Nepal also drew the attention of Beijing. On July 14, officials of the Ministry of Foreign Affairs of Nepal and China had held a virtual meeting. On the occasion, both sides had agreed to jointly inspect the border. But the inspection has not been held yet. Locals living on the border areas said that it is the fault of the major political parties that they have not been able to raise the border issues with China.

The price of gold has dropped by Rs 100 per tola in the domestic market on Monday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow bullion is being traded at Rs 97, 200 per tola today. It was traded at Rs 97, 300 per tola on Sunday. Meanwhile, tejabi gold is being traded at Rs 96, 700 per tola today. Similarly, the price of silver is being traded at Rs 1, 295 per tola.

The main opposition CPN-UML Chairman KP Sharma Oli is scheduled to address the election assemblies in Sindhuli and Chitwan on Monday. The UML Secretariat said that Oli will head towards Sindhuli after addressing the election assembly in Chitwan. Earlier on Sunday, the former prime minister addressed the election assemblies in Kalikot, Dailekh of Karnali, Surkhet. On Saturday, he addressed three election assemblies in Doti and Kailali of Sudurpaschim Province. He has been urging the people to vote for UML to protect democracy, sovereignty and nationality. The ruling coalition has forged an electoral alliance against the UML. The UML has forged electoral alliances with Janata Samajbadi Party and Rastriya Prajatantra Party in some places. The elections to the House of Representatives and Province Assembly will be held on November 20.

A construction businessman was found murdered in Nakkhu, Lalitpur. The deceased has been identified as Rajan Basnet (39) of Chanakhu, Manthali Municipality-10, Ramechhap. Siddha Bikram Shah, spokesperson at the Metropolitan Police Range, Lalitpur, said that they have apprehended six persons based on the complaint filed by Basnet’s relatives. According to Shah, locals informed the police after they saw the lifeless body on roadside while they were heading towards the Bishnu Devi Temple to offer worship on Sunday morning. The body has been kept at the Patan Hospital for postmortem. Police said that they are looking into the case.

England beat Pakistan by five wickets at the Melbourne Cricket Ground on Sunday to win their second Twenty20 World Cup title and burnish their claim as the pre-eminent superpower in white ball cricket, Reuters reported. Thirty years after losing the 50-over World Cup final to Pakistan at the MCG, England turned the tables on the south Asians with brilliant death bowling and a Ben Stokes half-century that reeled in a modest victory target of 138. With all-rounder Sam Curran recording a miserly 3-12, Pakistan collapsed in the final overs to finish on 137 for eight after being sent in to bat by England captain Jos Buttler. The heavy rain forecast never hit the MCG as England, led by the unflappable Stokes, reeled in the total with six balls to spare. Leg-spinner Adil Rashid did the early damage for England with two wickets, including the key scalp of captain Babar Azam for 32, before Pakistan crumbled in the final overs, losing 4-10, according to Reuters. Sealing their second T20 World Cup, England are now the first nation to hold both global white-ball trophies, having won the 50-over World Cup on home soil in 2019.

The Nepal Stock Exchange (NEPSE) plunged by 10. 54 points to close at 1,883.16 points on Sunday. Similarly, the sensitive index dropped by 1. 83 points to close at 370. 53 points. A total of 2,028,348 unit shares of 225 companies were traded for Rs 77 billion. Meanwhile, Laxmi Equity Fund was the top gainer today with its price surging by 7. 90 percent. Likewise, Nabil Balanced Fund-2 was the top loser with its price dropped by 6. 90 percent. At the end of the day, the total market capitalization stood at Rs 2. 70 trillion.