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The main opposition CPN-UML has decided to protest against Janardan Sharma, who has been reappointed as the Finance Minister on Sunday, from the House and streets.

Chief Whip Bishal Bhattarai said that the party has decided to protest from the House and streets after the government turned a blind to the differing views of the parliamentary probe committee.

“The report was prepared by ignoring their views. We will go among the people with a different opinion,” he said, adding, “We will protest from the House and streets.”

Sharma had resigned from his post after the government formed an 11-member probe committee to investigate allegations that he invited two unauthorized persons to the Finance Ministry to two tweak tax rates on the eve of budget announcement.

The committee had two members each from the Nepali Congress, and the Maoist Centre, and one each from the CPN (Unified Socialist), the Janata Samajbadi Party and the Loktantrik Samajbadi Party.

The Nepali Congress, the CPN (Maoist Centre), the CPN (Unified Socialist) and the Janata Samajbadi are allies in the ruling coalition.

But, Prime Minister Sher Bahadur Deuba gave Sharma the responsibility of the Finance Ministry again after the probe committee could not find substantial evidence to prove that he involved two outsiders to make last-moment changes in the budget.

CPN (Maoist Centre) leader Janardan Sharma been reappointed as the Finance Minister on Sunday.

President Bidya Devi Bhandari on the recommendation of Prime Minister Sher Bahadur Deuba appointed him as the Finance Minister today, Sagar Acharya, spokesperson at the President’s Office, said.

He is scheduled to take the oath of office and secrecy today itself.

Sharma had resigned from his post after the government formed an 11-member probe committee to investigate allegations that he invited two unauthorized persons to the Finance Ministry to two tweak tax rates on the eve of budget announcement.

But, the Prime Minister gave him the responsibility of the Finance Ministry again after the probe committee could not find substantial evidence to prove that he involved two outsiders to make last-moment changes in the budget.

Nepal reported 620 new Covid-19 cases and one death on Sunday.

According to the Ministry of Health and Population, 2, 651 swab samples were tested in the RT-PCR method, of which 496 returned positive. Likewise, 3, 195 people underwent antigen tests, of which 124 were tested positive.

According to the Ministry of Health and Population, 11, 967 have lost their lives to the virus so far.

As of today, there are 4, 567 active cases in the country.

The Nepal Stock Exchange (NEPSE) gained 54.58 points to close at 2,195.10 points on Sunday.

Similarly, the sensitive index surged by 9. 72 points to close at 419. 20 points.

A total of 11,339,486 unit shares of 220 companies were traded for Rs 4. 60 billion.

In today’s market, all sub-indices saw green except for Finance.

Meanwhile, Nepal Insurance Co. Limited, Neco Insurance Limited, IME General Insurance Limited, Prudential Insurance Co. Ltd and NGP Insurance Co. Ltd were the top gainers today, with their price surging by 10. 00 percent. Goodwill Finance Limited Debenture was the top loser as its price fell by 3. 94 percent.

At the end of the day, total market capitalisation stood at Rs 3. 13 trillion.

The operators of Gautam Shree Cooperative Company Limited in Kuleshwor, Kathmandu have absconded by pocketing billions of rupees of the depositors.

On Sunday, the depositors jointly filed a complaint at the Department of Cooperative saying that the operators of the cooperative fled Kathmandu by accumulating their money.

Though they were told that the office will be closed for a week, the owners went out of contact by not returning their money, the victims said.

Victim Bijay Kumar Ranjit said that they filed the complaint as the operators embezzled around Rs 5 billion of the depositors.

The victims said that the Everest Bank pasted a notice at the office of the cooperative after the owners absconded by misappropriating billions of the rupees.

It has been learnt that the Department has already written to the Crime Investigation Division of the Nepal Police to look into the incident.

Police have taken action against 16 school bus drivers for violating the traffic rules.

Among them, five were found driving the school bus under the influence of alcohol.

Senior Superintendent of Police Rajendra Prasad Bhatta of the Kathmandu Valley Traffic Police Office, Ramshahpath, said that they have taken action against all of them for violating the traffic rules against the School Bus Guideline 2074.

He said that the checking campaign which started on July 8 will be continued.

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

According to the Federation of Nepal Gold and Silver Dealers' Association, the precious yellow metal is being traded at Rs 95, 800 per tola today.

Meanwhile, tejabi gold is being traded at Rs 95, 300 per tola.

The yellow bullion was traded at Rs 95, 600 per tola on Friday.

Similarly, the price of silver is being traded at Rs 1,230 per tola today.

Two persons died and seven others sustained injuries in separate road accidents in Mugu district on Sunday.

Police said that two persons lost their lives when a tractor and jeep met with an accident.

According to police, Ganesh Lawad (25) of Chhayanath Rara Municipallity-13 died when the tractor (Lu 4 Cha 6762) heading towards Karnali from Ruga Village of Chayanath Rural Municipality-13 fell some 25 meters down the road at around 9 am today.

Five persons including the tractor driver were injured in the incident.

DSP Subash Hamal of the District Police Office said that they are undergoing treatment at the District Hospital.

Similarly, Deepak Tiruwa (25) of Chhayanath Rara Municipality-2 died on the spot when the jeep (Lu 1 Ja 3754) en route to Mugu from Jumla met with an accident at Bulbule in Kanaka Sundari Rural Municipality-1 of Jumla.

The jeep driver and one another were injured in the accident.

They have been sent to the Karnali Academy of Health Sciences in Jumla for treatment.