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The price of gold has dropped by Rs 400 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 137, 200 per tola today. It was traded at Rs 137, 600 per tola on Sunday.

Similarly, tejabi gold is being traded at Rs 136, 550 per tola. It was traded at Rs 136, 950 per tola.

Meanwhile, the price of silver, however, has increased by Rs 5 and is being traded at Rs 1,665 per tola today.

CPN-UML candidate Suhang Nembang is leading the vote count in Ilam-2.

Of the 24, 738 votes counted so far, Nembang has secured 10, 300 votes.

Similarly, his closest contender Nepali Congress candidate Dambar Bahadur Khadka has received 6, 944 votes.

Likewise, independent candidate Dekendra Singh Limbu Thegim obtained 5, 591 votes while Milan Kumar Yonghang Limbu of Rastriya Swatantra Party garnered 1, 443 votes.

A total of 69, 287 cast their votes in the by-election held on Saturday.

Vote count is underway in Bajhang Constituency 1, Province Assembly (a).

As per the latest update, Nepali Congress (NC) candidate Abhishek Bahadur Singh is leading the vote count by 264 votes.

He has obtained 7,492 votes while his close contender CPN-UML's Daman Bahadur Bhandari got 7,228, informed Chief Returning Officer Sudarshan Lamichhane.

Likewise, CPN (Maoist Center) candidate Janak Bahadur Budha secured 2,895 votes while CPN (Unified Socialist)'s Dil Bahadur Singh obtained 2,102 votes.

So far, the counting of votes in Chhabispathibhera Rural Municipality, Thalara Rural Municipality-9, Khaptadchanna Rural Municipality, Jayaprithvi Municipality and Surma Rural Municipality has been completed.

A total of 30,328 votes or 49.12 percent votes were cast in the by-election in Bajhang Province Assembly (A).

There were 61,748 voters in the constituency.

A total of 11 candidates were in the race in Bajhang by-election.

Vote count of the by-election held in Ilam constituency-2 is underway.

CPN-UML candidate Suhang Nembang is leading in the vote count.

According to the latest update, Nembang has secured 8,898 votes. Similarly, Nepali Congress candidate Dambar Bahadur Khadka has received 6,280 votes. Similarly, Independent candidate Dekendra Singh Limbu Thegim obtained 4, 634 votes while Milan Kumar Yonghang Limbu of Rastriya Swatantra Party garnered 1, 305 votes.

A total of 19 candidates, including 12 political parties and seven independents, are in the fray for the by-election.

Nepal lost to West Indies 'A' by 10 runs in their second match of the T20 series on Sunday.

Earlier on Saturday, Nepal had defeated West Indies ‘A’ by four wickets in the opening match.

A total of five matches are to be played in the series.

In the second match held at Kirtipur-based Tribhuvan University (TU) Cricket Ground today, Nepal, who were chasing the target of 161 runs, were restricted to 150 at the loss of nine wickets in the allotted 20 0vers.

Nepal's Captain Rohit Kumar Poudel scored unbeaten 71 runs while other batsmen except Gulsan Jha (26) and Lokesh Bam (17) could perform strongly.

In the victory of West Indies 'A', Obed McCoy and Gudakesh Motie took two wickets each while Roston Chase and Oshane Thomas took one wicket each.

Choosing to bat first by winning the toss, the West Indies scored 160 at the loss of seven wickets in 20 overs.  Andre Fletcher was the top scorer with 43 off 36 balls including three sixes while Gudakesh Motie contributed 33 and Roston Chase 23.

Similarly, Kushal Bhurtel and Sagar Dhakal for Nepal took two wickets while Sompal Kami and Dipendra Singh Airee took one wicket each.

The third match in the tournament will take place on Wednesday.

The Nepal Stock Exchange (NEPSE) gained 14.33 points to close at 1,980.27 points on Sunday.

Similarly, the sensitive index surged by 2.62 points to close at 350. 80 points.

A total of 6,878,159-unit shares of 308 companies were traded for Rs 2. 68 billion.

Meanwhile, Pokhara Finance Ltd. (PFL) was the top gainer today, with its price surging by 9. 02 percent.

At the end of the day, total market capitalization stood at Rs 3. 19 trillion.  

Properties worth millions of rupees were destroyed when a fire broke in Sankhamul, Kathmandu on Sunday.

Police said that five shops were reduced to ashes and a house suffered partial damages in the fire that broke out near Dobhan Bridge in Sankhamul, Kathmandu today.

The fire was taken under control with the help of fire engines from Lalitpur Metropolitan City, Kathmandu Metropolitan City, Nepal Police, Armed Police Force and locals.

Full details of the damage caused by the fire are yet to come, police said.

Prime Minister Pushpa Kamal Dahal has said Nepal is a suitable destination for investment, calling upon the investors from across the globe to seize the opportunity and be benefitted from this.

The Prime Minister said this while inaugurating the Nepal Investment Summit 2024 here today.

On the occasion, the PM asserted that there are immense opportunities for investment in Nepal and it is a potential country for investment from legal, geographical and strategic perspective as well.

Stating that Nepal is fully committed to a liberal economic policy, he reassured that an investment-friendly environment has been created in the country.

The Prime Minister said Nepal is continuously moving ahead towards creating a friendly environment for the investors, industrialists, entrepreneurs and innovators. In this connection, he added, eight various laws related to business and investment have been reformed.