Nepal and China to inspect border jointly

Nepal and China have agreed to jointly inspect the border.

During a Nepal-China border affairs virtual meeting held on July 14, the Ministry of Foreign Affairs of Nepal and the desk which looks after the border of the Ministry of Foreign Affairs of China had agreed to inspect the border jointly.

Nepal and China have failed to conduct joint inspection of the border since 2011.

Because of this, the two countries have been facing problems at the border frequently.

Earlier, Nepal had to search for pillar number 11 in Humla district which was said to have been missing.

As the two countries have not carried out joint inspection of the border for a long time, Nepal had faced problems to determine the pillar.

The missing border pillar had created a dispute between the two countries, after reports that China built some infrastructure in the area.

Similarly, the border dispute has also been seen in Limi-based Lolungjong of Humla.

Likewise, the Chinese side has also been found putting up barbed fences in the northern part of Gorkha unilaterally.

Nepal had requested China for joint inspection after the disputes started to surface in the northern part of the country.

Sewal Lamsal, spokesperson at the Ministry of Foreign Affairs said that the meeting has agreed to jointly inspect the border.

The meeting has also decided to open the Kerung and Tatopani border by adopting the Covid-19 safety protocols, Lamsal said.

She said that the meeting has decided to open the Hilsa border one way.

 

Nepal records 391 new Covid-19 cases on Wednesday

Nepal reported 391 new Covid-19 cases on Wednesday.

According to the Ministry of Health and Population, 2, 562 swab samples were tested in the RT-PCR method, of which 340 returned positive. Likewise, 1, 419 people underwent antigen tests, of which 51 were tested positive.

The Ministry said that no one died of the virus in the last 24 hours. The Ministry said that 46 infected people recovered from the disease.

As of today, there are 2, 276 active cases in the country.

Nepse surges by 4. 89 points on Wednesday

The Nepal Stock Exchange (NEPSE) gained 4. 89 points to close at 2,050.59 points on Wednesday.

Similarly, the sensitive index surged by 0. 97 points to close at 392. 50 points.

Meanwhile, a total of 4,133,709 unit shares of 215 companies were traded for Rs 1. 73 billion.

In today’s market, all sub-indices saw green except for Banking, Trading, Hotel and Tourism, HydroPower and Life Insurance.

Meanwhile, Multipurpose Finance Company Limited was the top gainer today, with its price surging by 5. 69 percent. Laxmi Equity Fund was the top loser as its price fell by 6. 33 percent.

At the end of the day, total market capitalization stood at Rs 2. 92 trillion.

Wickremesinghe elected president in crisis-hit Sri Lanka

Sri Lankan lawmakers chose six-time Prime Minister Ranil Wickremesinghe as president Wednesday to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation, Associated Press reported.

Former President Gotabaya Rajapaksa appointed Wickremesinghe as prime minister in May, hoping to bring stability to a country engulfed in its worst economic crisis in memory. Wickremesinghe became acting president after Rajapaksa fled the country last week and resigned by email.

Wickremesinghe, 73, is a seasoned politician with wide experience in diplomatic and international affairs. He has been leading crucial talks on an economic bailout package with the International Monetary Fund and was backed by members of the fragmented ruling coalition. But he is unpopular among voters who view him as a holdover from Rajapaksa’s government, according to Associated Press.

The vote of 134 lawmakers put Wickremesinghe ahead of former government minister Dullas Alahapperuma, who received 82 votes. 

PM Deuba’s visit to the US has not been canceled: Foreign Ministry

The Ministry of Foreign Affairs has clarified that Prime Minister Sher Bahadur Deuba will visit the United States at an appropriate time.

The Ministry made it clear about the visit at a time when rumors have been making rounds that Prime Minister Deuba’s visit to the United States has been canceled.

Sewa Lamsal, spokesperson at the Ministry, said that the Prime Minister’s visit to the United States is being worked out at one level.

“The Prime Minister has been waiting for a favorable time to visit the United States. There is no truth about the cancellation of the visit,” she said.

The Ministry said that the reply about the cancellation of the State Partnership Program (SPP) will be sent to the United States only after the effective preparation.

1 killed, 1 injured in Mahottarai motorbike collision

A person died and other sustained injuries when two motorbikes collided with each other in Gaushala of Mahottari on Wednesday.

Police said that the motorbike (Province 2-02-003 Pa 7738) collided head-on with another motorbike (Province 2-02-001 Pa 8679) today.

According to the Area Police Office, Gaushala, the deceased has been identified as bike (Province 2-01-001 Pa 8679) rider Bibek Yadav (24) of Aurahi Municipality-2.

Similarly, biker (Province 2-02-003 Pa 7738) rider Krishna Yadav (25) of Rajkhor, Gaushala Municipality-4 was injured in the incident.

Inspector Ranjan Mishra said that Krishna, who was seriously injured in the incident, has been sent to Kathmandu for further treatment.

He said that they have impounded both the bikes.

The Area Police Office, Gaushala said that the body of Bibek has been sent to the District Hospital, Jaleshwor for postmortem.

Pedestrian killed in Bardiya microbus hit

A pedestrian died after being hit by a microbus at Nauranga in Geruwa Rural Municipality-6 of Bardiya on Tuesday.

The deceased has been identified as Basanta Tharu (32) of Rajapur Municipality-1, Bardiya.

Critically injured in the accident, he breathed his last during the course of treatment at the Nursing Home in Nepalgunj.

The microbus (Bhe 1 Kha 3364) heading towards Gola from Nepalgunj hit him at around 6 pm yesterday.

Police said that they have impounded the bus and arrested its driver for investigation.

 

Gold price increases by Rs 200 per tola on Wednesday

The price of gold has increased by Rs 200 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers' Association, the yellow bullion is being traded at Rs 94, 000 per tola today.

Meanwhile, tejabi gold is being traded at Rs 93, 500 per tola.

The yellow metal was traded at Rs 93, 800 per tola on Tuesday.

Similarly, the price of silver has increased by Rs 5 per tola and is being traded at Rs 1,165 per tola today.