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The Nepal Stock Exchange (NEPSE) plunged by 2. 01 points to close at 2, 641. 82 points on Monday. 

Similarly, the sensitive index dropped by 1. 08 points to close at 463. 64 points.

A total of 11,932,035-unit shares of 350 companies were traded for Rs 1. 53 billion.

Meanwhile, Sarvottam Paints Industries Limited (SAPIL)was the top gainer today with its price surging by 15. 00 percent.

Likewise,  First Micro Finance Laghubitta Bittiya Sanstha Limited (FMDBL) was the top loser as their price fell by 6. 63 percent.

At the end of the day, the total market capitalization stood at Rs 4. 54 trillion.

The Lalitpur Metropolitan City (LMC) has launched an ambulance service equipped with doctors or health workers, which will reach patients' homes within 15 minutes of receiving an emergency call.

Altogether five ambulances, equipped with oxygen, Ambu bags, emergency medicines and ventilators among other essential medical equipment, have been deployed for those in medical urgency, the Metropolis said. 

Metropolis Mayor Chiribabu Maharjan shared, "The service has been launched to provide patients with preliminary, emergency and essential medical care before taking them to hospital. 

Maharjan further informed, "Our team will reach the patient within 15 minutes of receiving information, provide the necessary service and assist in taking the patient to hospital if required."

He revealed that the Metropolis decided to replicate what he had observed as an emergency medical service in Makati, Philippines during one of his visits. 

The sexagenarian leader further disclosed, "We have started this service by formulating the necessary procedures. This work is not possible merely with money and human resources."

According to him, the Metropolis is introducing new initiatives in different sectors as part of their effort to learn and put new ideas into practice.

Inaugurating the newly launched ambulance service, Minister for Health and Food Safety, Nisha Mehta, commended the Metropolis for its initiatives in the health sector. 

Minister Mehta observed that an ambulance service with doctors and advanced medical equipment was not merely a routine service. "It is a highly important and challenging undertaking," she asserted.

She recognized the Metropolis's effort as saying, "Only a few countries in the world have been able to adopt such an exemplary initiative in the health sector as Lalitpur Metropolitan City has."

The Minister also pledged all possible facilitation on the part of her Ministry for every initiative aimed at providing better services to citizens.

Likewise, Rekha Das Shrestha, Chief Administrative Officer at the Metropolis, described the initiative as an 'innovative' and 'exemplary' health service among local governments across the country.

Similarly, Dr Nabees Man Singh Pradhan, Vice-Chancellor of Patan Academy of Health Sciences expressed his confidence that the initiative would benefit Metropolis residents by providing free pre-hospital emergency care, including services with ventilators and doctors.

Speaker Dol Prasad Aryal has issued a ruling directing Prime Minister Balendra Shah to respond to queries raised by the members of the House of Representatives (HoR).

In the previous meetings, lawmakers from the opposition parties had been demanding the Speaker issue a ruling requiring the Prime Minister to respond to their concerns.

The Speaker’s ruling came during the Monday’s meeting of the lower house in accordance with rule 56, 57, 58, 59 and 60 of the House of Representatives (HoR) Regulations, 2083 BS.

During the Monday’s session, opposition lawmakers again stood from their respective seats in protest.

Following the protest, Speaker Aryal said his serious attention had been drawn to the provision stating that “the first hour of the first week of each month shall be set aside for the purpose of asking questions on important matters directly related to the Prime Minister or his/her area of work, in accordance with the Rule 56 of the HoR Regulations- 2083 BS”.

Bagmati Province Chief Minister Indra Bahadur Baniya resigned from his post on Monday. 

Chief Minister Baniya announced his resignation while addressing the Provincial Assembly meeting today.

Baniya stated that he would go straight to the office of the Province Chief from the meeting to submit his resignation letter.

Two people died on the spot and three others were critically injured when a Bolero jeep met with an accident at Syaulithali in Khanikhola Rural Municipality-1, Kavre on Monday.

The accident occurred when the driver of the jeep (Ba 18 Cha 242) heading towards Panauti from Taldhunga lost control of the vehicle and fell some 200 meters down the road. 

According to Deputy Superintendent of Police (DSP) Rabin Bista of the District Police Office, Kavre, a police team has been deployed to the accident site.

According to local Bipin Dahal, the identity of the deceased has not been ascertained yet. 

Preparations are underway to send the injured to the hospital for treatment.

Police said that they are looking into the case. 

The government's revenue in the first month of the current fiscal year 2083-84 BS (2026-27) has increased significantly.

According to the Financial Comptroller General Office, the government's income in the given period exceeded Rs 93.43 billion, which is around 10 percent or Rs 8.24 billion more than that of the corresponding month last fiscal year. 

The tax revenue amounted to Rs 85.19 billion, while it is Rs 7.3 billion towards the non-tax revenue. 

Similarly, the government during the first month (mid-July to mid-August), received foreign grant assistance of Rs 240.3 million.

The government in the current fiscal year has set a target of securing an income of Rs 1642 billion.   

The expenditures in Shrawan (mid-July to mid-August), the first month of the current fiscal year, amounted to Rs 41.88 billion. 

The government had allocated a total budget of Rs 2124.34 billion for the current fiscal year. 

The spending in the month of Shrawan is 1.97 percent of the total allocations. 

Under the current expenditure heading, the spending as of the end of Shrawan (August 16) stood at 1.68 percent or Rs 21.40 billion. 

Similarly, under capital expenditure, the spending is Rs 0.31 percent of the total allocations of Rs 431.01 billion. 

Under the fiscal management, the total spending is Rs 19.15 billion which accounted for 4.53 percent of the total annual allocation. 

The Department of Hydrology and Meteorology (DHM) has warned of possible flash floods in small rivers in the country today. 

In the light of the forecast, people living in settlements near the riverbanks and the low-laying areas have been urged to remain alert. 

The Department said, water levels at the Kirin River and Bardiya Hydrometric Station have crossed the alert level and are continuing to rise. 

The Department has advised residents of low-lying areas and areas around the river to remain on high alert, particularly in the evening.

It has forecast the possibility of flash floods in small rivers based in Sankhuwasabha, Solukhumbu, Ramechhap, Dolakha, Sindhupalchowk, Kathmandu, Bhaktapur, Lalitpur, Kavrepalanchowk, Gorkha, Tanahu, Lamjung, Kaski, Syangja, Chitwan, Nawalparasi East, Nawalparasi West, Rukum East, Rukum West, Jajarkot, Dolpa, Mugu, Surkhet, Banke, Bardiya, Darchula, Baitadi, Bajhang, Doti, Dadeldhura, Kailali, Kanchanpur and surrounding districts.

"Water levels in these rivers may rise significantly and there is a possibility of moderate risk of flash floods," the Department said in a statement.

Nepali and Nepal Bhasa senior poet Durgalal Shrestha (Khwobilu) has passed away. He was 91.

He died at his residence in Budhanilkantha on Sunday night, according to his family.

His body will be kept at the Nepal Bhasa Manka Khala office premises to pay last respects today and the last rites would be performed tomorrow at Shobha Bhagawati.

He is survived by his spouse, a daughter and two sons.

Born in 1992 BS, Shrestha was a teacher for a long time at the Kanya Mandir Vidyalaya at Chhetrapati.

Shrestha's first poem 'Santwana', was published in the Dharmodaya magazine.

He was conferred upon the title of 'Janakavi' from the Nepal Bhasa Parishad in 2060BS. 

Shrestha, the writer, became a member of the Nepal Academy in 2061BS.