Nepse plunges by 18. 60 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 18. 60 points to close at 2,004.30 points on Wednesday.
Similarly, the sensitive index dropped by 3. 29 points to close at 382. 94 points.
A total of 7,061,404-unit shares of 282 companies were traded for Rs 1. 81 billion.
Meanwhile, Manakamana Engineering Hydropower Limited was the top gainer today with its price surging by 9. 90 percent. Likewise, Laxmi Value Fund 2 was the top loser with its price dropped by 10. 00 percent.
At the end of the day, the total market capitalization stood at Rs 3. 03 trillion.
PM Dahal reaches Lhasa of Tibet
Prime Minister Pushpa Kamal Dahal has reached Lhasa, the capital of Tibet, an autonomous region of China that borders Nepal, today in the course of his official visit to China.
The Prime Minister is presently on an official visit to the northern neighbor beginning on September 23.
He reached Tibet from Chongqing of China at 12:00 noon as per the local time. Upon arrival at the Lhasa Gonggar Airport, the Prime Minister was received by officials of the Tibet government led by its executive Vice President.
In Lhasa, the Prime Minister will attend an interaction to be organized at the Office of Consul General of Nepal. He is scheduled to visit Potala Palace at Tibet and Jokhang Temple today itself.
He is scheduled to hold a bilateral meeting with Wang Junzheng, Secretary of the CPC Xizang Autonomous Regional Committee.
The Prime Minister's entourage is to stay in Lhasa today.
He is accompanied by Foreign Affairs Minister Narayan Prakash Saud, Minister for Water Supply, Mahindra Ray Yadav, and Minister for Physical Infrastructure and Transport, Prakash Jwala, among others.
19th Asian Games: Nepal thrash Mongolia by 273 runs
Nepal defeated Mongolia by 273 runs in the T20I match under the Asian Games on Wednesday.
Invited to bat first after losing the toss at the Pingfeng Cricket Ground in Zhejiang University of Technology, China, Nepal gathered 314 runs at the loss of three wickets in allotted 20 overs.
Chasing the mammoth target, Mongolia were bowled out in 13.1 overs scoring 41 runs.
Nepal's bowlers, Karan KC, Abhinas Bohora and Sandeep Lamichhane took two wickets each and Sompal Kami, Kushal Bhurtel and Deependra Singh Airi sent one each to the pavilion.
Earlier, Kushal Bhurtel and Deependra Singh Airi of Nepal made record runs. Kushal Malla set a world record by smashing a maiden century off 34 balls.
He broke the fastest-century records by David Miller (South Africa), Sudesh Bikramashekhar (Czech Republic) and Rohit Sharma (India) All three batsmen had a record of smashing centuries off 24 balls.
Likewise, Deependra Singh Airi made another world record by smashing half a century in nine balls. Earlier, there was a world record in the name of Indian batsman Yubraj Singh who struck half a century off 12 balls.
Kushal Malla scored unbeaten 137 runs off 50 balls and Airi 52 runs off 10 balls to steer Nepal to the record win.
Likewise, Captain Rohit Kumar Poudel made 61 runs off 27 balls, Kushal Bhurtel 19 off 23 balls and Sheikh 16 runs off 17 balls.
Nepal will play their next match against the Maldives.
Gold price drops by Rs 800 per tola on Wednesday
The price of gold has dropped by Rs 800 per tola in the domestic market on Wednesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 111, 000 per tola today. It was traded at Rs 111, 800 per tola on Tuesday.
Meanwhile, tejabi gold is being traded at Rs 110, 450 per tola. It was traded at Rs 111, 250 per tola.
Similarly, the silver is being traded at Rs 1,385 per tola today.
Dengue claims 17 lives in Koshi
As many as 17 people have lost their lives to dengue and 30,330 people have been infected in the Koshi Province since mid-July.
Sunsari district has witnessed the highest number of dengue infection cases.
At least 13 people died due to dengue infection and 19,432 people infected in the district since mid-July, informed the Public Health Officer of Koshi Province Health Directorate Dhankuta, Bibechana Chamlagain.
Dengue infection has broken out in all 14 districts of Koshi Province.
According to him, Morang has witnessed 4,242 cases of dengue infection while one person died of the contagion.
As many as 2,964 people have tested positive for dengue infection and two people have so far lost their lives in Jhapa. Likewise, a person also died due to dengue infection in Udayapur.
Dengue-infected patients are undergoing treatment in Sunsari-based BP Koirala Institute of Health Sciences and private and public hospitals in other districts.
Terhathum district now has 211 infected patients, Panchthar 338, Ilam 535, Udayapur 816, Dhankuta 432. Bhojpur 331, Sankhuwasabha 867, Okhaldhunga 40, Taplejung 33 and Khotang 45 and Solukhumbu 20.
With the outbreak of dengue infection, all local governments in the province have started an anti-dengue campaign. However, dengue infection has been on the rise in the province.
World Tourism Day being marked today
The 44th World Tourism Day is being observed in Nepal by organizing several programs today.
On the occasion, the Ministry of Culture, Tourism and Civil Aviation, Nepal Tourism Board, Department of Tourism and leading organizations of the tourism sector are celebrating the day with several activities.
With the slogan 'Tourism and Green Investment', the World Tourism Day is being observed in Nepal, the ministry said.
In order to mark the day in a fanfare, the 44th World Tourism Day Main Function Committee has been formed under the premiership of Minister for Tourism Sudan Kiranti.
According to the Ministry Spokesperson Rajendra Kumar KC, the tourism minister will welcome foreign tourists arriving at the Tribhuvan International Airport through the first flight at 6 am today.
Likewise, a morning rally will be held from Patan Dhoka, Lalitpur to Mangalbazaar at 7.30 am.
A formal program will be organized in the Patan Durbar area.
At the program jointly organized by the Ministry of Tourism and Lalitpur Metropolis, organizations earning higher foreign currency and individuals and institutions making contributions to the tourism sector will be honored today.
The World Tourism Day is being marked on September 27 every year with a slogan 'Promoting Accessible Tourism for All'.
PM Dahal leaving for Lhasa
Prime Minister Pushpa Kamal Dahal is leaving for Lhasa of China's autonomous region Tibet today.
Prime Minister Dahal, who is on an official visit to China since last Saturday, is leaving for Lhasa from Ching Chong city this morning.
As per the local time, PM Dahal will reach the Lhasa Gonggar Airport at 12.05 pm.
PM Dahal will attend an interaction scheduled to take place at Lhasa-based Office of Consulate General of Nepal this afternoon.
PM Dahal is also set to visit Potala Palace and Jokhang Temple in Tibet.
The Prime Minister is also having a bilateral meeting with Secretary of Communist Party of China Xixhang autonomous regional committee, Wang Junzheng.
The PM entourage comprises Minister for Foreign Affairs Narayan Prasad Saud, Minister for Drinking Water Mahindra Roy Yadav, Minister for Physical Infrastructure and Transport Prakash Jwala and others.
Earlier, PM Dahal had arrived in Ching Chong city from Beijing on Tuesday.
He held a meeting with Communist Party of China (CPC) central member and also enquired about the initiatives taken by the Ching Chong Metropolis in agriculture sector.
Festivals-centered fair price shops to be operated from October 8
The government has decided to open the fair-price shops in view of the upcoming festivals from October 8 to November 19.
According to Spokesperson for the Ministry of Industry and Supplies, Gajendra Kumar Thakur, the decision to operate such shops aimed to serve the interests of consumers during the festive season. The outlets are expected to control unwanted price rise, maintain market quality and ensure the smooth supplies of food at reasonable rates during festivals.
The government each year opens the fair price shops to prevent the monopoly of the private sector in the market during festivals.
Food Management and Trade Company Limited (FMTCL) and Salt Trading Corporation under the Ministry of Industry, Commerce and Supplies and Dairy Development Corporation under the Ministry of Agriculture and Livestock Development will collaborate to operate the shops.
Different varieties of rice, pulses, wheat flour, edible oil and beaten rice will be available in such outlets at relatively lower prices than in the regular market.
Similarly, a discount of Rs 10 has been offered per kg of beans and other grains produced in Karnali and live goats, and mountain goats. The government has allocated Rs 23.22 million for Food Management and Trade Company to run fair price shops this year.
Likewise, the government has allocated Rs 10 million to provide discounts on food products to be sold through Salt Trading Corporation. The Salt Trading Corporation will sell sugar at Rs 97 per kg while it will provide Rs 2 discount on per kg salt and Rs 7 on per kg beaten rice.
The Dairy Development Corporation will provide Rs 20 discount on per kg ghee and Rs 20 on per 200-gram paneer and Rs 50 on per 500-gram paneer.
There would be stalls in 35 places including eight selling center and three mobile shops of Food Management and Trade Company and Salt Trading Corporation located in Kathmandu Valley.
Besides this, the FMTCL will run fair-price shops in Morang, Jhapa, Taplejung, Sankhuwasabha, Solukhumbu, Diktel, Bhojpur, Okhaldhunga, Khotang, Siraha, Janakpur, Parsa, Kathmandu, Lalitpur, Bhaktapur, Kaski, Tanahun, Gorkha, Manang, Mustang, Rupandehi, Banke, Dang, Bardiya, Rukum East and Rukum West.
Similarly, FMTCL will have concessional stocks at 48 places of 42 districts, including Rolpa, Surkhet, Gulmi, Dailekh, Dolpa, Kalikot, Humla, Jajarkot, Jumla, Mugu, Kailali, Dadeldhura, Bajura, Bajhang, Achham, Darchula and Mahendranagar.
Such fair-price shops can also be operated in additional districts and places as per the need, the Ministry stated. The fixed discount can be accessed through free online home delivery, mobile service, cooperatives and dealers. A monitoring committee has also been formed to check whether the operated fair-price shops are effective or not.
According to the Ministry, market monitoring would be further intensified throughout the festival period. In the case of Kathmandu Valley, the Ministry shall form the team and carry out monitoring throughout the period the fair-price shops are operated. The corporations concerned shall also do the same.
The Department of Commerce, Supplies Management and Consumer Protection will also form additional teams other than the regular monitoring and intensify the monitoring.
In case of the districts, the monitoring teams shall be constituted under the convenorship of the Chief District Officer or the Assistant Chief District Officer for carrying out thorough monitoring, according to the Ministry.
