Nepse surges by 11. 58 points on Sunday

The Nepal Stock Exchange (NEPSE) gained 11.58 points to close at 2,588.35 points on Sunday.

Similarly, the sensitive index surged by 3.50 points to close at 463. 43 points.

A total of 12,485,731-unit shares of 325 companies were traded for Rs 5. 09 billion.

Meanwhile, Eastern Hydropower Limited (EHPL), Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) and Upper Syange Hydropower Limited (USHL) were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Rawa Energy Development Limited (RAWA) was the top loser as its price fell by 8.65 percent.

At the end of the day, total market capitalization stood at Rs 4. 11 trillion.

Three ways to make your home non-toxic

We want to feel nourished, healthy, and balanced in our bodies which is why we spend a lot of money on gym subscriptions, health magazines, and spa treatments, among others. But we often forget to ensure that our homes are as non-toxic as possible to support overall health. According to studies, modern-day homes, with their fancy furnishings, appliances, and products, have a lot of dangerous substances for our health. They are hidden in everything from your favorite hand wash and bedding to kitchen appliances and living room decor. The toxins apparently gather in our fat cells, leading to imbalanced hormones, increased allergies, and a weakened immune system. Here are three things you can do this weekend to toxin-proof your home.

Make your own cleaning supplies

This is one of the easiest first steps we can take towards a cleaner, more eco-friendly, and healthy home.  Store-bought household products are filled with dozens of toxic chemicals that affect our health, hormones, and immune system. And they are expensive too. The good thing is there is an easy alternative for most cleaning products. All you need is vinegar, water, essential oils and baking soda. There is actually nothing baking soda won’t clean. It can even get rid of stubborn stains. Simply make a paste and rub it over hard to clean areas and wipe them down. For everything else, simply mix one part vinegar with two parts water, add a few drops of essential oil and you have a cleaning solution that is non-toxic and fragrant.  

Replace plastic containers with glass or steel

Certain types of plastics can release chemicals such as phthalates and BPA into the water over time. These additives have been linked to potential health risks. Unlike plastic, which can leach harmful chemicals into the context kept inside, glass or steel is an inert material which means that it doesn’t add any bad substances to its contents. So, if you are using plastic containers to store grains and food, consider switching to safer alternatives. You don’t have to throw away all your plastic containers. Just make sure you don’t buy another plastic container when it’s time to replace one. High-quality glass products can easily go into the microwave or dishwasher, are easy to clean, are reusable, and retain their aesthetics on repeated usage unlike plastic which looks old after a few washes.

Stay away from scents

We use scented candles, air fresheners, and incense in our home to keep it smelling nice and fresh. But we are actually doing ourselves a huge disservice. These items often have synthetic compounds that are potentially carcinogenic. What can you do instead? Use essential oils or make your own potpourri. Dry herbs and petals, sprinkle them with essential oils, wrap them in muslin cloth and keep them in various corners of your house. You can also use an electric essential oil diffuser to keep your home smelling fragrant. We recommend lavender, vanilla, and peppermint for a fresh and soothing effect.

 

Finance Minister Paudel and IMF Deputy Director hold meeting

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel and Rupa Duttagupta, the International Monetary Fund (IMF)'s Deputy Director for Asia Pacific Region, held a meeting at the Ministry on Sunday.

On the occasion, the IMF Deputy Director said that she had found Nepal's economy was improving.

She expressed that she is encouraged by reforms in the investment facilitation laws, execution of the revenue mobilization strategy and the implementation of various suggestions related to the economy, Finance Minister Paudel's Secretariat stated.

In the meeting, Deputy Prime Minister and Finance Minister Paudel said the government is carrying out works in a planned way for consolidating the economy.

 

Gold price hits new high of Rs 158, 800 per tola

The price of gold has increased by Rs 1, 700 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 158, 800 per tola today. It was traded at Rs 157, 100 per tola on Friday.

Similarly, the silver is being traded at Rs 1,920 per tola today.

 

Countries emitting carbon should pay compensation: PM Oli

Prime Minister KP Sharma Oli has said that Nepal is clear in its view that carbon emitting countries should compensate the non-emitting countries.

Prime Minister Oli, who is in New York to attend the 79th United Nations General Assembly (UNGA), leading the Nepali delegation, said this while addressing as the keynote speaker at a program on Parliamentarians for Fossil Fuel Free, on Saturday.

Stating that Nepal has helped reduce the climate change impact through zero carbon emission, he stressed on compensating the communities suffering from climate change impact due to the emissions by the developed countries. He presented the case of the snow melting in the Nepal Himalayas, including Sagarmatha (Mt Everest).

PM Oli called on the developed countries of the world to increase funding for future climate adaptation as established by the Paris Agreement. "Our future is bright because we are investing for the future," he said.

 

PM Oli meets with UN Secretary General Guterres

Prime Minister KP Sharma Oli and United Nations Secretary General António Guterres held a meeting on Saturday.

Prime Minister Oli, who is in New York to attend the 79th United Nations General Assembly, met with UN Secretary General Guterres at the United Nations Building.

During the meeting, they shared opinions on the need to drastically reduce greenhouse gas emissions.

On the occasion, Secretary General Guterres expressed his commitment to lobby with the international community for compensating Nepal for the impact it has been having including melting of its mountains due to climate change. He also emphasized that sufficient climate finance should be provided to mountainous countries like Nepal, while working on radical reduction in greenhouse gas emissions.

Recalling his visit to Nepal last year, Secretary General Guterres emphasized the need for intensive reform in the global order with a focus on reducing and preventing carbon emissions that have been impacting developing countries, including least developed countries like Nepal, according to Nepal's Permanent Representative to the UN, Lok Bahadur Thapa, who also attended the meeting.

Assuring that the United Nations will take initiatives for simplified access of the developing countries to advanced financial assistance, the UN Secretary General also highly praised the performance of the Nepali security personnel in the UN peacekeeping missions.

In response, Prime Minister Oli expressed his gratitude to the UN Secretary General for visiting Nepal while urging him to take the initiative to deliver climate justice to Nepal. He also requested to provide leadership positions to Nepal in the UN peacekeeping force, considering its notable contribution to maintaining international peace and security.

The Prime Minister also thanked the United Nations and the international community for their concern in the recent avalanche in the Khumbu region of Nepal and shared that Nepal will soon host the Sagarmatha Dialogue on the agenda of the Himalayan ecosystem. He also invited the UN Secretary General Guterres to join the dialogue.

Foreign Minister Arju Rana Deuba, Prime Minister's Chief Advisor Bishnu Prasad Rimal, Foreign Secretary Sewa Lamsal and Joint Secretary of the Ministry of Foreign Affairs Amrit Bahadur Rai were also present in the meeting.

Earlier today, UN High Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, Under Secretary General Rabab Fatima, called on Prime Minister Oli at the office of the Nepali Mission.

During the meeting, matters relating to enhancing Nepal-UN cooperation including the promotion of LDCs’ interests in multilateral fora were discussed.

 

 

 

DPM Singh assigned responsibility of acting PM

President Ram Chandra Paudel has assigned Deputy Prime Minister (DPM) and Minister for Urban Development Prakash Man Singh to look after the daily administrative works carried out by the Prime Minister, during the absence of the Prime Minister.

Prime Minister KP Sharma Oli has today left for New York of the United States of America to attend the 79th United Nations General Assembly.

The President has, on the recommendation of the Prime Minister and in accordance with the Constitution of Nepal, assigned Deputy Prime Minister Singh to look after the daily administrative works carried out by the Prime Minister during his absence, the Office of the President has stated.

Gold price increases by Rs 1, 500 per tola on Friday

The price of gold has increased by Rs 1, 500 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 157, 100 per tola today.

It was traded at Rs 155, 500 per tola on Thursday.

Similarly, the price of silver has increased by Rs 35 and is being traded at Rs 1,915 per tola today.