Nepse surges by 44. 62 points on Sunday

The Nepal Stock Exchange (NEPSE) gained 44.62 points to close at 1,898.38 points on Sunday. Similarly, the sensitive index surged by 8. 78 points to close at 372. 21 points. A total of 2,533,393 unit shares of 224 companies were traded for Rs 83 billion. In today’s market, all sub-indices saw green. Life Insurance topped the chart with 187.08 points. Meanwhile, Saptakoshi Development Bank Limited was the top gainer today, with its price surging by 9. 95 percent. Global IME Balanced Fund-1 was the top loser as its price fell by 4.48 percent. At the end of the day, total market capitalization stood at Rs 2. 72 trillion.

Dahal registers candidacy from Gorkha-2

CPN (Maoist Center) Chairman Pushpa Kamal Dahal filed his candidacy from Gorkha-2. Nepal Socialist Party Chairman Baburam Bhattarai proposed his nomination while Maoist Center senior Vice-Chairman Narayankaji Shrestha seconded the proposal. The party has decided to field Dahal from Gorkha-2 after Bhattarai decided not to contest the election under the first-past-the-post system. Earlier, Dahal was recommended from Chitwan-3. He was elected as a member of the House of Representatives from the same constituency in the previous election. CPN-UML’s Abdus Miya is vying against Dahal in this election constituency.  

Social activist Lamichhane registers candidacy from Kathmandu 5 (2)

With the motto to build a strong provincial structure for national prosperity, social activist Jagannath Lamichhane has registered as an independent candidate for election to Bagmati Provincial Assembly from Kathmandu district constituency no 5 (2). Lamichhane registered his candidacy after declaring that he is no longer able to be watched idly by as “political parties and leaders openly flout constitutional provisions, and only concern themselves with petty power and party politics, instead of the grave mission of nation building with economic growth and social security at the heart of governance.” In this spirit, he registered his candidacy as an independent with a focus on raising issues of urban governance, urban economic growth and sustainable cities, effective public financial management and service delivery, community resilience and mental health particularly engaging the youth. Lamichhane is a mental health rights advocate and is a well-known social activist raising issues of violence against women and impunity through occupy baluwatar campaign, democratic reforms, anti-corruption and is a staunch campiagner of Dr Govinda KC's movement to improve the public health sector. He has been actively involved in various socio political campaigns since the early 2000s and also co-owns popular cafe Bodhi Books and Bakes in Naxal, Kathmandu.

UML Chairman Oli files candidacy from Jhapa-5

CPN-UML Chairman KP Sharma Oli filed his nomination from Jhapa-5 on Sunday. Romnath Oli proposed Oli’s nomination while Deepal Karki seconded the proposal. In the previous election, he was elected as a member of the House of Representatives by acquiring 57, 139 votes. His closest contender Dr. Khagendra Adhikrai had garnered 28, 257 votes. Adhikari has become the candidate from the ruling coalition this time also.  

Krishna Prasad Sitaula files nomination from Jhapa-3

Nepali Congress leader Krishna Prasad Sitaula has filed his nomination for the election to the House of Representatives. He filed his nomination from Jhapa-3. Mohan Maharjan proposed his nomination while Ganesh Pokharel seconded the proposal. His contender is Rastriya Prajatantra Party Chairman Rajendra Lingden.  

RPP Chairman Lingden files nomination from Jhapa-3

Rastriya Prajatantra Party Chairman Rajendra Lingden has filed his nomination to contest the upcoming election to the House of Representatives from Jhapa-3. He filed his candidacy this morning with the support of CPN-UML. Madhav Pokharel proposed Lingden’s nomination while Laxman Pathak of UML seconded the proposal. Nepali Congress leader Krishna Sitaula has lost to Lingden in the previous election. With the support of Rastriya Prajatantra Party, the UML has filed nominations in both the constituencies in the Province Assembly. UML’s Basanta Baniya has filed his candidacy from constituency-1 and Chabilal Chundal from Constituency-2. Nominations are being registered for the elections to the House of Representatives and Province Assembly scheduled for November 20. The Election Commission said that the filing of nominations will begin at 10 am and will end at 5 pm today.  

Bhusal to contest upcoming election as an independent candidate from Rupandehi-1

Ghanshyam Bhusal, who had quit the CPN-UML, has announced that he will contest the upcoming election to the House of Representatives as an independent candidate from Rupandehi-1. Organizing a press conference at his residence in Madigram, Rupandehi on Sunday morning, he said that he will contest the forthcoming parliamentary election as an independent candidate with the support of the ruling coalition. Bhusal said that he will be supported by the Nepali Congress, CPN (Maoist Center) and CPN (Unified Socialist) in the election. “After I quit the party, Maoist Center Chairman Pushpa Kamal Dahal had told me to contest the election under this party’s election symbol. But I said that I will contest the election independently,” Bhusal said, adding, “Later, Dahal said that he should talk to the Prime Minister and Madhav Nepal in the coalition and at midnight they decided to support me.” He said that he has decided to file his nomination as a common candidate of the ruling coalition. Bhusal, who was elected as a lawmaker from Rupandehi-3 in the 2017 elections, quit the party after Chairman KP Sharma Oli refused to give him ticket this time.

EC makes public closed list of candidates for PR system

The Election Commission has made public the closed list of the candidates for the proportional election system. The Commission on Sunday morning made public the list of the House of Representatives and Province Assembly submitted by the political parties. According to the Election Commission, 48 political parties have submitted the closed list for the proportional election of members of the House of Representatives. Candidates will file nominations for the first-past-the-post (FPTP) seats of the federal and provincial elections today.