Gold price drops by Rs 900 per tola on Friday

The price of gold has dropped by Rs 900 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 149, 600 per tola today. It was traded at Rs 150, 500 per tola on Thursday.

The price of silver, however, has increased by Rs 20 and is being traded at Rs 1,760 per tola today.

 

Editorial: A milestone in transitional justice

The House of Representatives has endorsed the amendments to the transitional justice-related law of 2014. This marks a significant step forward in healing the wounds of the nation’s decade-long armed conflict. Nearly two decades after the signing of the Comprehensive Peace Accord (CPA) between the government and the Maoist rebels, the consensus among parties on this crucial law offers hope for thousands of conflict victims, who have been awaiting justice for a long time.

Now that the bill has been passed, the hard work of implementation has begun. The formation of two independent, powerful and well-resourced commissions—Truth and Reconciliation Commission and Commission of Investigation on Enforced Disappeared Persons—will be crucial to the success of this process. The two commissions must have the authority and means to thoroughly investigate human rights violations, establish the truth about past atrocities and recommend appropriate measures for justice and reconciliation.

Nepal’s post-conflict journey has been fraught with challenges. The first justice-related law brought in 2014 courted controversy due to provisions allowing blanket amnesty for serious human rights violations. The Supreme Court’s order for amendments to align the law with international standards led to delay and political maneuvering for years. After a long delay, the government led by then Prime Minister Pushpa Kamal Dahal registered a bill to amend the 2014 law in parliament in March last year. The three major parties—Nepali Congress (NC), CPN-UML and CPN (Maoist Center) - then formed a three-member task force to iron out their differences. The task force broke the deadlock last week and paved the way for this legislative breakthrough.

The bill addresses some of the most contentious issues. Arbitrary and cruel killings have now been defined as serious cases of human rights violations. Additionally, the bill allows for reduced sentences of 70-75 percent in certain cases on the recommendation of the Attorney-General. These changes represent a balance between the call for justice and the practical considerations of national reconciliation. As the bill moves to the National Assembly and awaits presidential approval, it is crucial to ensure that the process does not stop here. The legislative process moved ahead even though the ruling coalition and government changed during the period.  Parties need to be lauded for this. However, continuous efforts must be made to engage conflict victims and ensure that their voices are heard and their needs addressed throughout the justice process.

The passage of this bill is not an end but a beginning. Its success hinges on the commitment of all stakeholders to confront the past, provide justice where due and forge a path toward national healing.

17 injured in Doti bus accident

As many as 17 people were injured when a commuter bus met with an accident at Samuhagadh of Silgadhi Municipality-4 in Dipayal district on Friday.

The incident occurred after the bus (Na 5 Kha 4451) fell some 35 meters down the road.

Bhimlal Bhattarai, Information Officer at the District Police Office, Doti, said that the bus of Shaileshwori Yatayat Company was heading to Dipayal from Dhangadhi when the incident took place.

The injured have been rushed to Sujang Hospital at Rajpur in Doti for treatment.

 

Heavy rainfall likely in Koshi, Madhes, Bagmati and Gandaki

The Department of Hydrology and Meteorology has said that the monsoon wind has its effects across the country at present and the low-pressure line of the monsoon is still around the average position.

Currently, some places in Gandaki, Lumbini, Karnali and Sudurpaschim provinces are receiving light to moderate rain coupled with thunder and lightning.

According to the Department, it will be generally partly cloudy throughout the country this afternoon. It said that light to moderate rain with thunder and lightning is likely to occur at some places in all provinces. 

Light to moderate rainfall is likely to occur at one or two places in all provinces and heavy rainfall at a few places of Koshi, Madhes, Bagmati and Gandaki Provinces in the next 24 hours. The Department has also urged the people there to remain cautious.

Similarly, it will be generally cloudy throughout the country tonight. Some places in Koshi, Madhes, Bagmati and Gandaki Provinces are likely to receive light to moderate rain while one or two places in Bagmati, Gandaki, Lumbini, Karnali and Sudurpaschim Provinces are forecasted to receive heavy rain.

 

World Bank to increase budgetary aid for Nepal

The World Bank is going to increase the budgetary aid provided to Nepal.

In a virtual meeting held today with Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, Vice President for South Asia Region of the World Bank, Martin Raiser, shared about the rise in budgetary assistance.

On the occasion, Vice President Raiser suggested improvements in areas such as the investment environment, economic reforms and employment growth. Nepal had received USD 205 million as budgetary aid from the World Bank last financial year.

In response, Finance Minister Paudel said that with a stable government in place the environment is conducive for more investment and pledged to work in collaboration to complete the projects on time.

 

Death toll from rain-induced disasters hits 175

The death toll from rain-induced disasters since June 10 has reached 175.

The landslides and floods that occurred in different parts of the country claimed the lives of 175 people, police said, adding that Kathmandu Valley itself witnessed the death of three persons in this period.

Koshi Province recorded the number of fatalities at 27, Madhes Province at eight, Bagmati Province at 31, Gandaki Province at 54, Lumbini Province at 33, Karnali Province at eight and Sudurpaschim Province at 11 totaling 175, according to Central Spokesperson of Nepal Police, DIG Dan Bahadur Karki.

Similarly, a total of 224 people have been injured in the landslide and flood. Among them, 11 persons were injured in the Kathmandu Valley. Till date, 37 persons were injured in Koshi Province, 11 in Madhes Province, 23 in Bagmati Province, 46 in Gandaki Province, 13 in Lumbini Province, 55 in Karnali Province, and 28 in Sudurpaschim Province.

The police also rescued as many as 113 people from the disaster. A total of 28 persons were rescued in the Kathmandu Valley itself.

DIG Karki further informed that a total of 49 persons were still missing in the floods and landslides. Bagmati Province witnessed the highest number of missing ones, 41, while Lumbini the least with only one.

The rain-induced disasters also killed as many as 820 cattle.

Since June 10, the flood and landslides damaged 286 houses, 105 cowsheds, 49 bridges, two schools and two government office buildings.

The number of households displaced by the disaster stands at 4,472 in the last two months.

 

Woman dies as truck hits scooter in Bhaktapur

A woman died when a truck hit a scooter at Gatthaghar in Bhaktapur on Thursday.

DSP Rajan Karki of the District Police Range, Bhaktapur said that the truck hit the parked scooter during the traffic police checking.

The truck (Na 6 Kha 2173) hit the scooter (Ba 49 Pa 8944) this afternoon.

Police said that the scooter rider died on the spot.

The identity of the deceased has not been ascertained yet.

Police said that they are looking into the case.

Foreign Minister Rana leaving for India next week

Foreign Minister Arzu Rana Deuba is to leave for India.

According to a high-level source at the Foreign Ministry, she is leaving for New Delhi next week.

During her stay in India, she will meet her Indian counterpart S Jaishankar including high-level officials.

This is Rana’s first foreign visit after being appointed as the foreign minister.

However, there has been no official information about Minister Rana’s India visit from either side.

The source said that the Cabinet meeting to be held today may take a decision on the same.

Indian Foreign Secretary Vikram Misri had visited Nepal a few days ago after the formation of CPN-UML Chairman KP Sharma Oli-led government.

During this stay in Nepal, he paid courtesy calls on President Ram Chandra Paudel, Prime Minister Oli, ministers, Nepali Congress President Sher Bahadur Deuba, CPN (Maoist Center) Chairman Pushpa Kamal Dahal among others.

It has been said that Minister Rana is leaving for India to strengthen mutual harmony and relations between the two countries.