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The CPN (Unified Socialist) leaders have reached Baneshwor-based Hotel Everest to meet head of the International Liaison Department of the Communist Party of China Liu Jianchao on Tuesday.

Party Chairman Madhav Nepal, senior leader Jhalanath Khanal and Deputy General Secretary Ganga Tuladhar among others leaders reached Hotel Everest this afternoon. 

The Chinese leader, who arrived in Kathmandu on a three-day visit to Nepal on Sunday, held separate meetings with Prime Minister Sher Bahadur Deuba and Foreign Minister Narayan Khadka the same day.

Earlier on Monday, he called on CPN (Maoist Centre) Chairman Pushpa Kamal Dahal.

During the meeting, leader Liu expressed his concern over the growing anti-China activities in Nepal and communist unity.

In response, Dahal said that the Nepali political parties and the Nepalis are committed to One-China policy.

Earlier this morning, he reached Balkot to meet CPN-UML Chairman KP Sharma Oli.

During the meeting that lasted for four hours, the Chinese leader expressed his concern over the growing anti-China activities in Nepal.

Oli, in response, said that he had not allowed such activities during his tenure.

The Nepal Stock Exchange (NEPSE) gained 11. 68 points to close at 1,927.28 points on Tuesday.

Similarly, the sensitive index plunged by 2. 09 points to close at 368.95 points.

Meanwhile, a total of 4,967,561 unit shares of 226 companies were traded for Rs 1. 70 billion.

In today’s market, all sub-indices saw green. Non Life Insurance topped the chart with 74. 47 points.

Meanwhile, Saptakoshi Development Bank Limited was the top gainer today, with its price surging by 9. 35 percent. Naya Sarathi Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 4. 65 percent.

At the end of the day, total market capitalisation stood at Rs 2. 74 trillion.

Former Prime Minister and CPN (Maoist Centre) Chairman Pushpa Kamal has expressed his commitment to take initiatives to resolve the citizenship-related problem of Non-Resident Nepalis.

He said so during a meeting with the representatives of the Non-Resident Nepali Association.

"We have been raising our voices about the problems of Non-Resident Nepalis," he said, adding, "We are committed to resolve the problem by endorsing the Citizenship-related Bill which was tabled in the Parliament on our initiative."

Thanking Dahal for taking initiatives on behalf of the CPN (Maoist Centre) to bring Citizenship Bill by incorporating various issues, the representatives urged Dahal to take initiatives to ensure the rights of Non-Resident Nepalis.

Party senior leader Narayan Kaji Shrestha, founder President of NRNA Upendra Mahato, President duo Kul Acharya and Badri KC, Vice-President Mahesh Shrestha, Regional Coordinator of Europe Chintamani Sapkota and Ramesh Kafle among others were present in the meeting.

Nepal reported 177 new Covid-19 cases on Tuesday.

According to the Ministry of Health and Population, 1, 805 swab samples were tested in the RT-PCR method, of which 144 returned positive. Likewise, 1, 321 people underwent antigen tests, of which 33 were tested positive.

The Ministry said that no one died of virus in the last 24 hours. The Ministry said that 41 infected people recovered from the disease.

As of today, there are 873 active cases in the country.

A 17-year-old girl has been raped inside a tipper in Thankot, Kathmandu on Friday.

Driver Gyan Bahadur Nepali (32) of Gaurishankar Rural Municipality-8, Dolakha, who had been absconding after the heinous crime, was nabbed from Kalanki, Kathmandu-14 on Saturday.

Police said that they are looking into the case.

Janata Samajbadi Party (JSP) Chairman Upendra Yadav and Federal Council Chairman Baburam Bhattarai are holding separate meetings.

The meeting of the JSP leaders of the Bhattarai faction has started in Kathmandu. Federal Council Chairman Bhattarai inaugurated the meeting.

The extended meeting of the Central Committee will be held for two days (today and tomorrow).

JSP leader Bishwodeep Pandey said that the extended meeting of the Central Committee will discuss the party's internal situation, future strategy and review local level elections among other issues.

Meanwhile, Yadav has called the meeting for June 13 and 14 in Birgunj.

International Liaison Department head of the Chinese Communist Party Liu Jianchao called on CPN-UML Chairman KP Sharma Oli at the latter’s residence in Balkot on Tuesday.

Earlier on Monday, the visiting Chinese leader held a meeting with CPN (Maoist Centre) Chairman Pushpa Kamal Dahal in Khumatar.

During the meeting that lasted for around two hours, Liu expressed his concern over the growing anti-China activities in Nepal in recent times.

Leading a six-member delegation, the Chinese leader arrived in Kathmandu on a three-day visit to Nepal on Sunday.

The Chinese Embassy in Kathmandu coordinated his visit.

He is also scheduled to meet President Bidya Devi Bhandari and CPN (Unified Socialist) Chairman Madhav Nepal among other leaders.

Nepal's annual retail inflation accelerated to 8.56% for the month ending mid-June, central bank data showed on Monday, pushed by a spurt in food and fuel costs amid pressure on the country's currency, Reuters reported.

The latest inflation rate, highest in nearly six years, accelerated from 7.87% the previous month and 4.19% a year earlier, data showed.

Nepal's central bank faces a tough task of tightening monetary policy enough to cool consumer demand and tame prices, while avoiding major damage to the economy - hit hard during two years of pandemic.

A rise in crude oil and commodity prices since Russia invaded Ukraine in February has pushed up inflation globally, forcing many central banks to raise interest rates.

Earlier, speaking to lawmakers central bank governor Maha Prasad Adhikari, hinted interest rates could be raised to contain inflation.

Prakash Kumar Shrestha, head of the central bank's Economic Research Department, told Reuters Nepal could experience some more months of surging inflation because of higher oil prices.

The average monthly year-on-year inflation in the first 11 months of the fiscal year ending mid-June was 6.09% and is expected to stay within the average annual target of 6.5%, bank officials said.

Retail food and beverage prices rose 7.43% year-on-year in the month ending mid-June while non-food and service inflation stood at 9.44%, data showed, according to Reuters.

Nepal, a country of 29 million people landlocked between China and India, has banned luxury goods imports until mid-July but after one month dropped its move to a two-day weekend aimed at cutting fuel consumption amid opposition from hospitals and schools.

The Nepali currency, which weakened 4.4% over the year to mid-June, making fuel and food imports costlier, traded at 127.11 to the dollar on Monday, a record low, central bank data showed, Reuters reported.