Nepse surges by 4. 91 points in pre-open session
The Nepal Stock Exchange (NEPSE) increased by 4.91 points to reach 2424.70 points in the pre-open session on Tuesday.
Similarly, the sensitive index surged by 0.78 points to reach 455.65 points.
Shares were traded 21 times in this session.
As many as 448 shares of 18 companies were traded at Rs 252, 982.
In the pre-open session, the value of 12 companies were increased the value of five companies decreased.
Meanwhile, Agricultural Development Bank is in the forefront at present with its shares traded at Rs 86, 536.
Duo held with automatic pistol in Janakpur
Police have arrested two persons in possession of an automatic pistol from Ramanandachowk, Janakpur.
The detainees have been identified as Indresh Kumar Singh (30) of Jaleshwor Municipality-9, Mahottari and currently residing at Janakpurdham-4 and Abhisek Kumar Singh (19) of Manarasiswa Minicipality-1 and presently living at Janakpurdham-8.
The duo were heading towards provincial hospital from Ramanandachowk with the pistol on a bike (Ja 7 Pa 7932) when police arrested them during the security check, DSP Jitendra Kumar Basnet, spokesperson at the District Police Office, Dhanusha said.
Police said that they are looking into the case.
Almost two-thirds of Ukrainian children have fled their homes: UN
Nearly two-thirds of all Ukrainian children have fled their homes in the six weeks since Russia’s invasion, the UN's children's agency UNICEF said on Monday, BBC reported.
The UN has also verified the deaths of 142 youngsters, although they have warned the actual number is almost certainly much higher.
Manuel Fontaine, UNICEF’s emergency programs director who just returned from Ukraine, said having 4.8 million of Ukraine’s 7.5 million children displaced in such a short time is something he had not seen happen so quickly in 31 years of humanitarian work.
"Of the 3.2 million children estimated to have remained in their homes, nearly half may be at risk of not having enough food," Fontaine told the UN Security Council, according to BBC.
He warned the situation was probably worse in cities like Mariupol and Kherson, where there was no water and sanitation services and the supply of food and medicine had been disrupted.
Meanwhile Ukraine’s UN ambassador, Sergiy Kyslytsya, claimed Russia has taken more than 121,000 children out of Ukraine and reportedly drafted a bill to simplify and accelerate adoption procedures.
Fontaine said there was so far "no evidence" of such accusations, but that UNICEF would investigate the matter, BBC reported.
Hyderabad dent Gujarat’s unblemished record, win by 8 wickets
Sunrisers Hyderabad beat Gujarat Titans by eight wickets in their IPL game here on Monday, The Indian Express reported.
The Sunrisers chased down the target of 163 with five balls to spare with captain Kane Williamson top-scoring with a 57 while Nicholas Pooran remained not out on 34.
Young Abhishek Sharma made 42 at the top of the order before retiring hurt. For the Titans, Hardik Pandya and Rashid Khan took a wicket each, according to The Indian Express.
Earlier, captain Pandya top-scored for the Titans with a 42-ball 50 not out while Abhinav Manohar chipped in with 35. For SRH, Bhuvneshwar Kumar and T Natarajan took two wickets apiece while Marco Jansen and Umran Malik got one each.
Ukraine War: Russia warns Sweden and Finland against Nato membership
Russia has warned Finland and Sweden against joining Nato, arguing the move would not bring stability to Europe, BBC reported.
Kremlin spokesman Dmitry Peskov told reporters that "the alliance remains a tool geared towards confrontation".
It comes as US defence officials said Moscow's invasion of Ukraine has been a "massive strategic blunder" which is likely to bring Nato enlargement.
US officials expect the Nordic neighbours to bid for membership of the alliance, potentially as early as June.
Washington is believed to support the move which would see the Western alliance grow to 32 members. US State Department officials said last week that discussions had taken place between Nato leaders and foreign ministers from Helsinki and Stockholm.
Before it launched its invasion, Russia demanded that the alliance agree to halt any future enlargement, but the war has led to the deployment of more Nato troops on its eastern flank and a rise in public support for Swedish and Finnish membership, according to BBC.
Finnish MPs are expected to receive a security report from intelligence officials this week, and Prime Minister Sanna Marin said she expects her government "will end the discussion before midsummer" on whether to make a membership application.
Finland shares a 1,340km (830 miles) long border with Russia and has been rattled by the invasion of Ukraine.
And Sweden's ruling Social Democratic party, which has traditionally opposed Nato membership, said it is rethinking this position in light of Russia's attack on its western neighbour. Party secretary Tobias Baudin told local media that the Nato review should be complete within the next few months.
"When Russia invaded Ukraine, Sweden's security position changed fundamentally," the party said in a statement on Monday.
But Moscow has been clear that it opposes any potential enlargement of the alliance. Mr Peskov warned the bloc "is not that kind of alliance which ensures peace and stability, and its further expansion will not bring additional security to the European continent".
Last week Mr Peskov said that Russia would have to "rebalance the situation" with its own measures were Sweden and Finland to join Nato, BBC reported.
And in February Maria Zakharova, Russia's foreign ministry spokeswoman, warned of "military and political consequences" if the countries joined the bloc.
Nato was formed in 1949 to counter the threat of Soviet expansion, though since the fall of the Berlin wall a number of formerly communist eastern European countries have joined.
Member states agree to come to one another's aid in the event of an armed attack against any individual member state.
Despite the threats, both countries have pushed ahead with their bids and stepped up defence spending.
On Monday, army leaders in Helsinki announced a new plan to allocate €14m (£10.88m) to purchase drones for Finland's military.
And last month Swedish officials said they would boost defence spending by three billion kronas ($317m; £243m) in 2022, according to BBC.
Philadelphia to restore indoor mask mandate as cases rise
Philadelphia became the first major US city to reinstate its indoor mask mandate on Monday after reporting a sharp increase in coronavirus infections, with the city’s top health official saying she wanted to forestall a potential new wave driven by an omicron subvariant, Associated Press reported.
Confirmed COVID-19 cases have risen more than 50% in 10 days, the threshold at which the city’s guidelines call for people to wear masks indoors, said Dr. Cheryl Bettigole, the health commissioner. Health officials believe the recent spike is being driven by the highly transmissible BA.2 subvariant of omicron, which has spread rapidly throughout Europe and Asia, and has become dominant in the US in recent weeks.
“If we fail to act now, knowing that every previous wave of infections has been followed by a wave of hospitalizations, and then a wave of deaths, it will be too late for many of our residents,” said Bettigole, noting about 750 Philadelphia residents died in the wintertime omicron outbreak. “This is our chance to get ahead of the pandemic, to put our masks on until we have more information about the severity of this new variant.”
Health inspectors will begin enforcing the mask mandate at city businesses on April 18, according to the Associated Press.
Most states and cities dropped their masking requirements in February and early March following new guidelines from the US Centers for Disease Control and Prevention that put less focus on case counts and more on hospital capacity. The CDC said at that time that with the virus in retreat, most Americans could safely take off their masks.
Philadelphia ended its indoor mask mandate March 2, and Bettigole acknowledged “it was wonderful to feel that sense of normalcy again.”
Confirmed cases have since risen to more than 140 per day — still a fraction of what Philadelphia saw at the height of the omicron surge — while only 46 patients are in the hospital with COVID-19. The CDC says community spread in Philadelphia remains low, a level at which the agency says that masking can be optional.
The restaurant industry pushed back against the city’s reimposed mask mandate, saying workers will bear the brunt of customer anger over the new rules.
“This announcement is a major blow to thousands of small businesses and other operators in the city who were hoping this spring would be the start of recovery,” said Ben Fileccia, senior director of operations at the Pennsylvania Restaurant & Lodging Association, Associated Press reported.
PolicyLab at Children’s Hospital of Philadelphia said Friday that while it expects some increased transmission in the northern US over the next several weeks, hospital admissions have remained low and “our team advises against required masking given that hospital capacity is good.”
Bettigole said requiring people to mask up will help restaurants and other businesses stay open, while a huge new wave of COVID-19 would keep customers at home. She said hospital capacity was just one factor that went into her decision to reinstate the mandate, Associated Press reported.
“I sincerely wish we didn’t have to do this again,” Bettigole said. “But I am very worried about our vulnerable neighbors and loved ones.”
Mariupol mayor says siege has killed more than 10K civilians
The mayor of the Ukrainian port city of Mariupol said Monday that more than 10,000 civilians have died in the Russian siege of his city, and that the death toll could surpass 20,000, as weeks of attacks and privation leave the bodies of Mariupol’s people “carpeted through the streets.”
Speaking by phone Monday with The Associated Press, Mayor Vadym Boychenko also accused Russian forces of having blocked weeks of thwarted humanitarian convoys into the city in an attempt to conceal the carnage there from the outside world, Associated Press reported.
Mariupol has been cut off by Russian attacks that began soon after Russian President Vladimir Putin launched the invasion of Ukraine in late February, and has suffered some of the most brutal assaults of the war. Boychenko gave new details of recent allegations by Ukrainian officials that Russian forces have brought mobile cremation equipment to Mariupol to dispose of the corpses of victims of the siege.
Russian forces have taken many bodies to a huge shopping center where there are storage facilities and refrigerators, Boychenko said.
“Mobile crematoriums have arrived in the form of trucks: You open it, and there is a pipe inside and these bodies are burned,” he said.
Boychenko spoke from a location in Ukrainian-controlled territory but outside Mariupol. The mayor said he had several sources for his description of the allegedly methodic burning of corpses by Russian forces in the city, but did not detail the sources of his information.
The discovery of large numbers of apparently executed civilians after Russian forces retreated from cities around the capital, Kyiv, this month already has prompted widespread condemnation and charges from Ukrainians and the West that Russia is committing war crimes in Ukraine, according to the Associated Press.
Elsewhere Monday, US officials pointed to new signs that Russia’s military is gearing up for a major offensive in Ukraine’s eastern Donbas region, switching its focus after Russian forces failed in their initial drive to capture Kyiv.
Moscow-backed separatists have been battling Ukrainian forces in the Donbas region since 2014, and have declared independent states. A major confrontation between the two countries’ fighters in Donbas would allow Russia to try to use its numbers and greater military might to capture more territory there. Western military strategists say Russia also hopes to force Ukrainian fighters out into the open in more conventional battles in the east, rather than the successful hit-and-run attacks Ukrainian fighters have often employed so far.
Russia has appointed a seasoned general to lead its renewed push in the eastern Donbas region.
A senior US defense official on Monday described a long Russian convoy now rolling toward the eastern city of Izyum with artillery, aviation and infantry support, as part of redeployment for what appears to be a looming Russian campaign in the east.
More artillery is being deployed near the city of Donetsk, while ground combat units that withdrew from around the Kyiv and Chernihiv areas appear destined for refitting and resupplying before they position in Donbas, said the official, who spoke on condition of anonymity to discuss internal US military assessments.
With their offensive in many parts of the country thwarted, Russian forces have relied increasingly on bombarding cities — a strategy that has flattened many urban areas and killed thousands of people, Associated Press reported.
New organization named Entrepreneur Association of Nepal formed
A new organization called Entrepreneur Association of Nepal has been formed with the objective of identifying the overall problems of the entrepreneurs of the country and taking them to the policy making level.
The organization was formed from the first meeting held under the chairmanship of Surendra Pandey, who is also the former finance minister.
Young entrepreneur Deepak Bastola and Bishal KC has been elected as the coordinator and secretary respectively of the newly formed forum.
Secretary KC informed that the organization has been established to play a coordinating role at the local, national and international level by providing all kinds of support to the new entrepreneurs. "Our plan is to set up an idea bank and create a National Incubation Lab for investment by collecting ideas and funds" says KC.
The meeting formed a 51-member organization under the headship of Bastola.