Nepse surges by 41. 67 points on Thursday

The Nepal Stock Exchange (NEPSE) gained 41.67 points to close at 2, 663.54 points on Thursday.

Similarly, the sensitive index surged by 5. 96 points to close at 446. 65 points.

A total of 9,772,196-unit shares of 309 companies were traded for Rs 5. 22 billion.

Meanwhile, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) and Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLB) were the top gainers today, with their price surging by 10. 00 percent. Likewise, Kumari Sabal Yojana (KSY) was the top loser as its price fell by 1.82 percent.

At the end of the day, total market capitalization stood at Rs 4. 42 trillion.

 

Russian President Vladimir Putin to visit India soon

Russian President Vladimir Putin will visit India soon, as Moscow makes arrangements for his trip, the first since the start of the Ukraine war, Firstpost reported.

Russian Foreign Minister Sergey Lavrov announced the travel on Wednesday during a video conference, stating, "President Vladimir Putin has accepted an offer to come from the Indian head of government. The Russian president is currently preparing to visit the Republic of India."He also stated that Russia is working to develop bilateral connections with major world powers such as India, with whom the country has a privileged strategic partnership,according to the Firstpost.

Earlier this week, Lavrov emphasized the contributions of India, China, and other BRICS and SCO members to the development of a multipolar world.

Opposition parties obstruct NA meeting

Today's meeting of the National Assembly could not enter the business due to protest from the opposition parties.

Soon after the Upper House of the Federal Parliament meeting began, lawmakers of the opposition parties protested by standing up from their respective seats.

Dr Beduram Bhusal of CPN (Unified Socialist) said the government should furnish the reasons why Managing Director of Nepal Electricity Authority, Kul Man Ghising, was dismissed from the post. 

"The dismissal is a Cabinet decision. As per the Article 76, the Prime Minister should be accountable to the federal Parliament. So, the Prime Minister should respond to the House", he argued.

Saying that the attention of the NA was drawn towards the issue, NA Chairperson Narayan Prasad Dahal urged lawmakers not obstruct today's business. "Attention of the NA was drawn to it. But we have to pass the bills brought to replace ordinances soon," he argued.

Similarly, Nepali Congress Parliamentary Party leader at NA, Krishna Prasad Sitaula, requested the opposition parties to help run the meeting because the obstruction would hinder the passage of the replacement bills. Sitaula also reminded the constitutional provision as per which replacement bill should be passed within 60 days of the approval of ordinances.

The NA meeting was postponed for an hour.

Death toll from wildfires in South Korea rises to 26

South Korea is dealing with its worst-ever wildfire calamity, as blazes that started over a week ago in the central county of Uiseong more than doubled in size on Thursday, tearing through ancient heritage sites and uprooting tens of thousands of people, Firstpost reported.

At least 26 people have been killed by the fires, which have burned over 33,000 hectares (81,500 acres) of land, dwarfing the nation's previous biggest forest fire in March 2000, according to emergency officials. Authorities claimed it was the worst natural fire incident in the history of the country, according to the Firstpost.

Fueled by strong winds and extended dry spells, the fires have spread eastward across the rocky, steep terrain in the southeast, almost to the coast.
Military steps in to aid firefighting. More than 120 helicopters have been deployed across three provinces, according to the safety ministry.

Govt committed to conclude transitional justice: PM Oli

Prime Minister KP Sharma Oli has said the government was committed to making successful the works of two transitional justice commissions.

Addressing the national conference on transitional justice organized jointly by the Accountability Watch Committee and the Conflict Victims' Organization in the federal capital today, PM Oli said the works of the previous commissions on transitional justice would be reviewed rigorously. All sides should be aware and devoted to make further work result oriented, he stressed.

The Head of the government reminded that the bill on transitional justice was passed by the federal Parliament on consensus in order to conclude the peace process, thereby ensuring justice and reparation to the conflict victims. The Act would be helpful to not repeat the violence, PM Oli said, adding that another recommendation committee was also formed after the consensus among top leaders of the major parties to select members to the Truth and Reconciliation Commission and the Commission on Enquiry of Enforced Disappeared Persons.

"All Nepalis want to forget the wound of conflict. We have ditched violence. Let us not repeat such activities. Let's ensure justice to conflict victims," he said, however, regretting that we failed to take the peace process to a logical conclusion even in 18 years. Now, we all should be serious about concluding the peace process. Action will be taken against those violating human rights, he vowed.

The PM mentioned, "It is not necessary to talk about observing the armed conflict as a ceremony or announcing a public holiday. Such a thing makes victims more victimized." Stressing the need of support from the international community to take transitional justice to a conclusion, the PM shared that Nepal has been taking efforts to find a solution through a unique way. 

He also urged everyone not to produce unnecessary issues linking them to transitional justice. Transitional justice and removal of an employee at government bodies are starkly different, according to him. 

PM Oli clarified that the country could not backtrack from the federal democratic republic as it was established through people's struggle and sacrifice.

Nepali Congress President and former Prime Minister Sher Bahadur Deuba and CPN (Maoist Center) Chair and former Prime Minister Pushpa Kamal Dahal were also present on the occasion.

 

North Korea's Kim supervises test of AI suicide drones

 

North Korean leader Kim Jong Un has personally supervised his country’s testing of new AI-equipped suicide and reconnaissance drones and called for unmanned aircraft and artificial intelligence to be prioritised in military modernisation plans, Aljazeera reportd.

The new North Korean drones are capable of “tracking and monitoring different strategic targets and enemy troop activities on the ground and the sea”, while the attack drones will “be used for various tactical attack missions”, State-run Korean Central News Agency(KCNA) said.

Kim agreed to increase the production capacity of "unmanned equipment and artificial intelligence" and emphasized the significance of developing a long-term plan for North Korea to encourage "the rapid development" of "intelligent drones, which is "the trend of modern warfare, according to Alzajeera.
North Korean troops engaging in Russia's conflict with Ukraine are thought to have engaged in drone warfare, acquiring important battlefield experience.

Gold price increases by Rs 1, 300 per tola on Thursday

The price of gold has increased by Rs 1, 300 per tola in the domestic market on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 174, 800 per tola today. It was traded at Rs 173, 500 per tola on Wednesday.

Similarly, the silver is being traded at Rs 2, 020 per tola today.

 

Quinton de Kock hits smoking 97, takes Kolkata to 8-wicket win over Rajasthan

Quinton de Kock answered all his critics on Wednesday when he slammed a blistering 97 in his second match for the Kolkata Knight Riders, condemning Rajasthan Royals to their second defeat on the trot in the 2025 Indian Premier League season, The Indian Express reported. de Kock, who failed to fire in his debut at the Eden Gardens against RCB, showed his true class, finishing the 151-run chase off in style with a massive six.

Rajasthan Royals managed 151/9 in 20 overs after being asked to bat against Kolkata Knight Riders at the Indian Premier League 2025 match at the Barsapara Cricket Stadium in Guwahati on Wednesday. Spinners Varun Chakaravarthy and Moeen Ali shared four wickets in the middle overs, limiting RR to under 160. Pacers Harshit Rana and Vaibhav Arora also picked two wickets each, according to The Indian Express.

Earlier, Kolkata Knight Riders had won the toss and elected to bowl first against the Rajasthan Royals. Both teams made a change each with spinner Wanindu Hasaranga coming in for Fazalhaq Farooqi in the Royals lineup while Moeen Ali was handed his debut cap for Kolkata in place of an injured Sunil Narire.