Nepal reports 4 new Covid-19 cases on Sunday

Nepal reported four new Covid-19 cases on Sunday.

According to the Ministry of Health and Population, 2, 740 swab samples were tested today, of which four returned positive. 

The Ministry said that no one died of virus in the last 24 hours. The Ministry said that 48 infected people recovered from the disease.

As of today, there are 592 active cases in the country.

Nepse surges by 35. 69 points on Sunday

The Nepal Stock Exchange (NEPSE) gained 35.69 points to close at 2,464.35 points on Sunday.

Similarly, the sensitive index plunged by 8.15 points to close at 463. 75 points.

Meanwhile, a total of 5,444,738 unit shares of 224 companies were traded for Rs 2. 12 billion.

In today’s market, all sub-indices saw green. Life Insurance topped the chart with 262.37 points.

Meanwhile, Himalayan Power Partner Limited and NESDO Sambridha Laghubitta Bittiya Sanstha Limited were the top gainer today, with its price surging by 10. 00 percent. Rastra Utthan Laghubitta Sanstha Limited was the top loser as its price fell by 7. 71 percent.

At the end of the day, total market capitalisation stood at Rs 3. 49 trillion.

 

Shanghai Covid cases keep rising, food supply problems persist

Shanghai reported nearly 25,000 locally transmitted Covid-19 infections on Sunday, as residents of China's most populous city voiced complaints over food and basic supplies and concern spread that more cities may soon be in the same situation, Reuters reported.

Streets of the locked-down financial hub of 26 million people remained as curbs under the city's "zero tolerance" policy allow only healthcare workers, volunteers, delivery personnel or those with special permission to go out.

Shanghai's case numbers are small compared to some cities globally, but it is battling China's worst Covid outbreak since the virus emerged in the central city of Wuhan in 2019. Of the local cases Shanghai reported on Sunday, 1,006 were symptomatic while 23,937 were classed as asymptomatic, which China counts separately.

The city has become a test bed for China's elimination strategy, which seeks to test, trace and centrally quarantine all Covid-positive people to stem the spread of the coronavirus.

The curbs have sharply squeezed supplies of food and other essentials. Many supermarkets have been shut and thousands of couriers locked in. Access to medical care has also been a concern, according to Reuters.

Online videos show residents struggling with security personnel and hazmat-suited medical staff at some compounds in recent days, with occupants shouting that they need food.

Executives for e-commerce giants JD.com and food delivery service Ele.me attended the city's daily briefing, seeking to convince residents that bottlenecks would ease.

JD.com vice president Wang Wenbo said he understands concerns about delivery speed and that the company is focussing on basic foodstuffs and baby care items. Ele.me senior vice president Xiao Shuixian said his company had brought 2,800 more delivery workers in over the past week.

Citizens in several cities expressed anxiety in social media groups that their cities might also go into lockdown, with screenshots shared of maps showing various highways closed across the country, Reuters reported.

Many of the closures may be due to local governments implementing their own measures.

On Saturday the Ministry of Transport said it met with other government departments to work on standardising highway pandemic checkpoints as restrictions at the local level were causing congestion for critical supplies, the ministry said.

A video circulating on social media appeared to show lorries departing Shanghai being scanned with-hand held detectors to make sure no one was trying to leave the city hidden inside. Reuters was not able to confirm the video's authenticity.

 

Ronaldo apologises after mobile phone incident following Man United loss

Manchester United forward Cristiano Ronaldo has apologised after he appeared to knock a mobile phone out of a supporter’s hand following his side’s 1-0 defeat at Everton on Saturday, Reuters reported.

Footage emerged on social media of Ronaldo appearing to swipe his hand towards the ground as he walked off the pitch and headed for the tunnel at Goodison Park. Eyewitnesses said the 37-year-old had knocked a fan’s phone out of their hand and it smashed to the ground.

Ronaldo took to Instagram to apologise for the incident, according to Reuters.

“It’s never easy to deal with emotions in difficult moments such as the one we are facing,” Ronaldo said. “Nevertheless, we always have to be respectful, patient and set the example for all the youngsters who love the beautiful game.

“I would like to apologise for my outburst and, if possible, I would like to invite this supporter to watch a game at Old Trafford as a sign of fair-play and sportsmanship.”

The club have told Reuters they are looking into the incident.

The defeat left United seventh in the Premier League standings and they face the prospect of missing out on qualification for next season’s Champions League as they are six points adrift of fourth-placed Tottenham Hotspur, Reuters reported.

CPN (US) forms election mobilization committee under Madhav Nepal

CPN (Unified Socialist) party has formed a election mobilization committee for the local level elections slated for May 13.

A Central Secretariat meeting held on Saturday and Sunday formed a 1, 111-member election mobilization committee under the headship of Chairman Madhav Kumar Nepal.

All the office bearers and members of the central committee, all the three central commissions, central advisory council and central council among others.

Similarly, the election mobilization central secretariat has also been formed under the leadership of General Secretary Beduram Bhusal.

Prakash Jwala, Gangalal Tuladhar, Bijay Paudel, Jagannath Khatiwada, Jeevan Ram Shrestha, Bishwonath Pyakurel, Som Prasad Pandey, Kedar Sanjel, Surya Khatri and Dronacharya Chhetri are the members of the committee.

 

UML urges government to take back its decision to remove NRB Governor Adhikari

The main CPN-UML has urged the government to take back its decision to suspend Nepal Rastra Bank Governor Maha Prasad Adhikari.

He said that it was a shameful and deplorable move of the government to suspend Adhikari.

Organizing a press conference in the Capital on Sunday, the party urged the government to roll back its decision to remove Adhikari.

Speaking at the program, party Vice-Chairman Bishnu Paudel said that the economic condition of the country would further deteriorate if the government did not correct its decision to sack the Nepal Rastra Bank governor.

"We are not talking only about Governor Adhikari but of the entire system," Paudel said.

He claimed that Adhikari was removed for interfering in the wrongdoings of the government. 

 

Ram Nawami being observed today

The Ram Nawami festival, the birthday of Hindu God Ram, is being celebrated across the country on Sunday.

Lord Ram, who was born to the then King of Ayodhya, Dashrath and his first queen Kaushalyawati, is considered the seventh incarnation of God Bisnhu.

As per the Hindu mythology, it was God Ram who triumphed over Ravana, the then King of Lanka, a symbol of demonic and evil powers, and established peace and harmony in the society.

The ninth day of the month of Chaitra on Shukla Paksha or the period of waxing moon, in the Lunar calendar is celebrated as the Ram Nawami, in commemoration of the birth of Lord Ram, said religious scholar Prof Dr Ramchandra Gautam.

Ram, who is considered as an ideal man and the embodiment of perfect manhood and high morale, was born in the Treta Yug for the protection of virtue.
Devotees visit the temples of Lord Ram and perform special pooja on the occasion. RSS

Gold price rises by Rs800, crosses Rs100,000 per tola on Sunday

The price of gold has risen by Rs800 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers' Association, gold is currently trading at Rs100,300 per tola. The yellow metal was traded at Rs99, 500 per tola on Friday. 

Similarly, the Tejabi gold is now trading for Rs99,800 per tola in the market.

Similarly, the price of silver rose by Rs10 per tola and is now trading at Rs1,365 per tola.