Nepse surges by 52. 97 points on Sunday
The Nepal Stock Exchange (NEPSE) gained 52.97 points to close at 2,257.59 points on Sunday.
Similarly, the sensitive index surged by 9.59 points to close at 401. 25 points.
A total of 22,047,327-unit shares of 309 companies were traded for Rs 7. 62 billion.
Meanwhile, Ridi Power Company Limited (RIDI) and Mandu Hydropower Limited (MANDU) were the top gainers today, with their price surging by 10. 00 percent. Likewise, Balephi Hydropower Limited (BHL) was the top loser as its price fell by 5.12 percent.
At the end of the day, total market capitalization stood at Rs 3. 58 trillion.
PM directs security agencies to intensify search for those missing in Simaltal mishap
Prime Minister Pushpa Kamal Dahal has directed the three state security agencies to intensify search operations for individuals who went missing after the two passenger buses plunged into Trishuli river at Simaltal, Chitwan.
The Prime Minister summoned the heads of the security bodies at his private residence in Khumaltar on Sunday to receive updates on the accident.
He urged them to take all necessary measures to search for the missing individuals.
Two passenger buses: one heading to Gaur from Kathmandu (03-001 Kha 2495) and another going to Kathmandu from Birgunj (03-006 Kha. 1516) were swept away by landslide into the Trishuli river on Friday morning at Simaltal in Bharatpur Metropolis-29.
The PM utilized the meeting to express gratitude to the security personnel involved in rescue and relief operations amidst monsoon-triggered incidents nationwide including in Simaltal, risking their lives.
"The bureaucracy and security agencies, as permanent institutions, should commit themselves unreservedly to serving the people, no matter how the political situation is," he stated.
Trishuli accident: Five bodies recovered, three identified
The bodies of five passengers, who went missing along with the two passenger buses that plunged into the Trishuli river after being swept away by a landslide on Friday, have been recovered.
The identity of three bodies found in Narayani river on Saturday have been revealed.
Spokesman of District Police Office Bheshraj Rijal said that the deceased have been identified as 22-year-old Bikas Pariyar of Chitwan Madi Municipality-1, 19-year-old Ramit Kushar Majhi of Sarlahi Barhathwa Municipality-3 and of 28-year-old Rishi Pal Sah from Sitamani, Bihar, India.
Two passenger buses including one going to Kathmandu from Birgunj and another going to Gaur from Kathmandu fell into Trishuli river at Simaltal Bharatpur Municipal Corporation-29. The two buses were carrying 27 and 24 passengers respectively.
The search for the missing bus and passengers continues today, with no sign of the bus wreckage so far.
Chief District Officer Indradev Yadav said that a large number of security personnel have been mobilized for the search being carried out in the incident area and along the Narayani river downstream.
Gold being traded at Rs 146, 700 per tola on Sunday
The gold is being traded at Rs 146, 700 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 146, 000 per tola.
Similarly, the silver is being traded at Rs 1,875 per tola today.
Heavy rainfall likely in Koshi, Bagmati and Gandaki Provinces
Light to moderate rain is currently taking place in Koshi, Madhes, Bagmati and Gandaki Provinces.
This is due to the influence of monsoon winds that is present across the country, says the Department of Hydrology and Meteorology.
In the next 24 hours, the Department has forecasted heavy rain in some places of Koshi, Bagmati and Gandaki Provinces.
According to the weather bulletin published by the Department this morning, the weather will be partly to mostly cloudy in the country this afternoon, with a possibility of light to moderate rain with thunder and lightning at some places of Koshi, Madhes, Bagmati, Gandaki and Lumbini provinces as well as at some places of Karnali and Sudurpaschim Provinces. There is a possibility of heavy rain at one or two places in Koshi and Gandaki Provinces.
Tonight, the weather will be partly to mostly cloudy over the country. There is a possibility of light to moderate rain with thunder and lightning in some places of Koshi, Madhes, Bagmati and Gandaki Provinces as well as in some places of Lumbini, Karnali and Sudurpaschim Provinces. There is a possibility of heavy rain at one or two places in Koshi, Bagmati and Gandaki regions.
In the next 24 hours, there is a possibility of light to moderate rain with thunder and lightning in some places of Koshi, Madhes, Bagmati, Gandaki and Lumbini provinces and some parts of Karnali and Sudurpaschim Provinces, adds the Department.
FBI probing Trump rally shooting as assassination attempt
Donald Trump was shot in the ear during a Saturday campaign rally, streaking the Republican presidential candidate's blood across his face and prompting his security agents to swarm him, before he emerged and pumped his fist in the air, mouthing the words "Fight! Fight! Fight!"
The shooter was dead, one rally attendee was killed and two other spectators were injured, the Secret Service said in a statement. The incident was being investigated as an assassination attempt, Reuters reported.
Law enforcement officials told reporters they had tentatively identified a suspected shooter but were not ready to do so publicly. They also said they not yet identified a motive.
Trump, 78, had just started his speech when the shots rang out. He grabbed his right ear with his right hand, then brought his hand down to look at it before dropping to his knees behind the podium before Secret Service agents swarmed and covered him. He emerged about a minute later, his red "Make America Great Again" hat knocked off, and could be heard saying "wait, wait," before the fist bump, then agents rushed him to a black SUV.
"I was shot with a bullet that pierced the upper part of my right ear," Trump said later on his Truth Social platform following the shooting in Butler, Pennsylvania, about 30 miles (50 km) north of Pittsburgh. "Much bleeding took place."
The shooting occurred less than four months before the Nov. 5 election, when Trump faces an election rematch with Democratic President Joe Biden. Most opinion polls including those by Reuters/Ipsos show the two locked in a close contest, according to Reuters.
Leading Republicans and Democrats quickly condemned the violence.
The Trump campaign said he was "doing well."
Biden said in a statement: "There’s no place for this kind of violence in America. We must unite as one nation to condemn it."
Republican US Representative Ronny Jackson of Texas told Fox News his nephew had been wounded at the rally.
The shooting raised immediate questions about security failures by the Secret Service, which provides former presidents including Trump with lifetime protection.
It was the first shooting of a US president or major party candidate since the 1981 attempted assassination of Republican President Ronald Reagan, Reuters reported.
Pennsylvania Governor Josh Shapiro said Trump has left the Butler area under the protection of the US Secret Service with the assistance of the Pennsylvania state police. Republican U.S. Representative Daniel Meuser told CNN Trump was headed to Bedminster, New Jersey, where he has a golf club.
New Prime Minister to be appointed today
President Ram Chandra Paudel will appoint the new Prime Minister today.
The process of appointment and swearing-in of the Prime Minister will take place today after the deadline set by the President for the formation of the new government comes to an end, said Kiran Pokharel, the Press Advisor of the President.
President Paudel had, in accordance with Article 76 (2) of the Constitution, called on parties on Friday to submit their stake on the new government leadership by 5 pm today.
Accordingly, the Chairperson of CPN-UML KP Sharma Oli had submitted his claim for the post of the Prime Minister on Friday itself with the support of Nepali Congress.
Following the expiration of the deadline at 5 pm, President Paudel will appoint the Prime Minister this evening. However, the swearing-in ceremony of the prime minister and ministers will be held at 11 am on Monday, as the time will not be enough for the same on Sunday, added Press Advisor Pokharel.
A new government is being formed after incumbent Prime Minister Pushpa Kamal Dahal lost a majority of the Parliament, with the CPN-UML deciding to part ways with him and join hands with the main opposition, Nepali Congress.
Mind Matters | Micromanagement at work
I’ve been working at a marketing firm for three years. Recently, we got a new manager who micromanages and criticizes without constructive feedback. This has created a tense and demoralizing atmosphere. I feel constantly on edge, undervalued, and stressed. It’s affecting my performance and mental wellbeing. I used to love my job, but now I dread it. The constant criticism without positive reinforcement has made me doubt my abilities and lose confidence. It’s harder to concentrate, and I feel more anxious and overwhelmed each day.
I need to address the issue but I’m unsure how to approach the conversation without being confrontational. I want to express my concerns and propose a more supportive and effective way of working together. What should I do?
Answered by Kapil Sharma, counseling psychologist, Nepal Institute of Mental Health
A new manager who micromanages can make things difficult due to their working style. Micromanagement often arises from the manager’s insecurity and fear of losing control, making it difficult for other employees. The need for attention to small details creates additional challenges for employees. This is a common issue and a source of aggression in management styles.
The psychological aspect to consider is that micromanagement impacts you because it undermines your sense of autonomy. When there is no trust with the manager, and everything seems like an order, it can lead to increased stress and burnout among employees, as one may feel pressured to constantly meet the manager’s expectations. This type of fear can cause workplace anxiety, lack of concentration, and burnout.
You can start by initiating a conversation. Find a suitable time to talk with your manager. When starting the conversation, it’s better to begin with acknowledgement and then discuss the difficulties. Use ‘I’ statements to express how micromanagement is affecting your performance. For example, instead of saying “You are making me feel…,” say “I’m feeling…” This allows you to honestly express what is difficult for you without hiding your feelings.It will become easier to communicate your needs.
Secondly, take care of yourself by balancing work and life priorities and maintaining a healthy work-life balance. Engage in activities outside of work that you enjoy. Sharing your experiences with friends, family members, or close ones also helps. Self-care activities such as exercise or listening to music can help you tackle stress. If you feel constant pressure and find it hard to handle, professional help can be beneficial. Seeking help from professionals can help you navigate through personal and work-related stress and burnout.