Bagmati Province CM Jamarkattel resigns

Bagmati Province Chief Minister Shalikram Jamarkattel resigned from his post on Sunday.

Addressing the Provincial Assembly meeting on Sunday, Chief Minister Jamarkattel announced that he would hand over the resignation to Bagmati Province Chief Yadav Chandra Sharma.

Province Assembly Speaker Bhuwan Kumar Pathak gave time to Chief Minister Jamarkattel on the no-confidence motion soon after the meeting began.

Speaker Pathak postponed today's meeting until further notice.

 

PM Oli makes public 7-pt agreement signed between NC and UML

Prime Minister KP Sharma Oli made public the seven-point agreement signed between the CPN-UML and the Nepali Congress.

He informed the Parliament about the seven-point agreement while presenting his motion to seek a vote of confidence at the meeting of the House of Representatives on Sunday.

According to the agreement, UML Chair KP Sharma Oli said that he will lead the government for two years in the first phase and then hand over power to NC leader Sher Bahadur Deuba to conduct the 2027 elections, he said.

Prime Minister Oli said that an agreement has been made to give priority to the necessary amendments to the Constitution and for the formulation of laws for political stability.

Nepali Congress President Deuba and UML Chairman Oli had signed the seven-point agreement.

 

 

Nepse surges by 61. 61 points on Sunday

The Nepal Stock Exchange (NEPSE) gained 61.61 points to close at 2,485.94 points on Sunday.

Similarly, the sensitive index surged by 13.53 points to close at 449. 68 points.

A total of 41,195,534-unit shares of 315 companies were traded for Rs 15. 23 billion.

Meanwhile, United Modi Hydropower Ltd. (UMHL) and Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Sikles Hydropower Limited (SIKLES) was the top loser as its price fell by 10.00 percent.

At the end of the day, total market capitalization stood at Rs 3. 94 trillion.

 

Maoist Center decides to play major opposition's role in Parliament

The CPN (Maoist Center) has decided to play the role of a major opposition in the Federal Parliament.

A meeting of the party's Parliamentary Party held at Singha Durbar today made the decision to this effect. The meeting agreed to raise issues of public concerns 'effectively' in the Parliament.

According to CPN (Maoist Center)'s Chief Whip Hitraj Pandey, the meeting decided to vote against a proposal scheduled to be presented before the House of Representatives by Prime Minister KP Sharma Oli to seek a vote of confidence today.

Former Prime Minister and party Chair Pushpa Kamal Dahal apprised the meeting about the latest political developments in the country and the 'role of lawmakers' in the Parliament.

 

Art alternatives

Art is beautiful. It can liven up a space like nothing else. It’s a great conversation starter as well as a charming focal point. A piece of large artwork or several small pieces displayed interestingly has the power to lend your home a cozy, nice, and elegant vibe at the same time. But the fact is art is expensive. It can be an investment but, unless you invest in pieces by world famous artists, most artworks you can buy in the local market will only get you meager profits, that too in the very long run. But you want to adorn your home with art or create an interesting focal point on one of the walls. What can you do that doesn’t break the bank? We’ve some alternatives for you.

Frame posters and maps

Postcards, posters, and maps of places you have visited or one that is on your bucket list can be interesting to hang on your wall. Consider framing some postcards of places you have visited. Get similar frames to give them a cohesive look. You can also frame an interesting poster or a tube map for a unique touch. Best of all, you can get most of these items for free when you are traveling.

Pro tip: Fabrics come in a variety of colors and patterns. Consider framing a large piece of fabric in an interesting pattern—thinking animal prints or motifs—to give your space a pop of color.

Have a paint party

Buy a huge canvas and some paints, invite your friends over for brunch, and have a paint party. Everyone can work on a single piece, painting different areas of it. Or each person can just do their own thing to create something totally unique. You will have a fun time and end up with something that has a story behind it to display in your home.

Pro tip: Get individual canvases for your friends and let them all paint whatever they want. They can each then choose to gift their artwork to another person in the group so that everyone goes home with something lovingly made by a friend.

Make a collage

A collage is a great idea to display fun memories without cluttering your space. Get a big piece of chart paper and stick everything—from photos, ticket stubs to greeting cards and magazine cutouts that you would like to see every day to remind you of happy times or inspire you—on it. Stick to a color theme, if possible, to match the aesthetics of your space and also to prevent it from looking too messy.

Pro tip: You can also make a photo collage on Photoshop and get that printed and framed. Make sure the resolution is large enough so that the photos don’t come out too pixelated.

Hang plates, hats, or rugs

Get some inexpensive hangers or sticky hooks and rather than letting your plates collect dust, hang them on your wall. They add texture and dimension while letting you play around with different patterns and colors. If you have a rug that is just too pretty to be put on the floor or an old one that you want to save, hang it at eye-level to give it the attention it deserves. Alternatively, if you are a hat person, hang your collection up on the wall. It’s practical and pretty.

Pro tip: Buy inexpensive trays, coasters, or mats from the local market and consider hanging these on the wall. Since they come in a variety of patterns and colors and don’t cost much, you have the option of changing them up from time to time to change the look of your space.

Display pressed flowers

Framing dried flowers, plants, or leaves add a light and airy feeling to any room. It also lends it a calming effect. Plus, you will have added a little bit of greenery to your space without taking on the responsibility of tending to plants. A gallery wall of assorted framed botanicals is an inexpensive but unique way to decorate your home.

Pro tip: Get some epoxy resin and put pressed flowers on wooden coasters. Hang about a dozen (or more) of these in an interesting pattern on the wall.

Indian Embassy organizes event to mark Ashadha Purnima

The Indian Embassy in Kathmandu organized a special event to mark the auspicious occasion of Ashadha Purnima.

Representatives from various Buddhist sects and monasteries in Nepal participated in this celebration.

Ashadha Purnima marks the moment when Lord Buddha delivered his first sermon to his initial five ascetic disciples at Sarnath, Uttar Pradesh.

This sermon, which took place after Lord Buddha's enlightenment in Bodh Gaya, Bihar, introduced us to the 'Four Noble Truths' and the 'Noble Eightfold Path'. This day is also recognized as the ‘First Turning of the Wheel of Dharma’.

The celebrations featured ceremonial prayers conducted by the Theravada Sangha, Mahayana Sangha, and Vajrayana Sangha. These were followed by the recitation and dedication of prayers from the Buddhist Sutras, reads a statement issued by the Embassy.

Deputy Chief of Mission (DCM), Shri Prasanna Shrivastava, highlighted the profound significance of Lord Buddha's teachings, emphasizing that the sacred Buddhist sites in both India and Nepal exemplify the shared cultural heritage between the two nations.

The DCM also underscored that Buddhism has long served as a unifying force between India and Nepal, fostering enduring ties over centuries.

 

CPN (US) issues whip to vote against PM Oli in floor test

The CPN (Unified Soclialist) has directed its lawmakers to vote against Prime Minister KP Sharma Oli in a floor test scheduled for today.

CPN-US Leader Metmani Chaudhary said that the party has instructed its lawmakers to mandatorily present in the Parliament meeting today and vote against PM Oli.  

The party will support the government on merits and demerits by remaining in the opposition, he added.

 

Gold price drops by Rs 1, 300 per tola on Sunday

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

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 146, 200 per tola today.

Similarly, tejabi gold is being traded at Rs 145, 500 per tola.

Meanwhile, the silver is being traded at Rs 1,810 per tola today.