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Canada’s Prime Minister Mark Carney departs for China on Tuesday, where he will discuss trade and international security at a time when Canada faces uncertain relations with the US due to a trade war and annexation threats from President Donald Trump, Reuters reported. 

It is the first visit to Beijing by a Canadian prime minister since 2017 and could mark a critical shift in ties between the two countries as Canada seeks new trade and security partnerships.

Carney agreed to visit China last October when he and Chinese President Xi Jinping met in South Korea. It was an encounter that offered no breakthroughs but suggested potential for deeper ties after a fractious relationship under former Prime Minister Justin Trudeau, which had soured after Canada arrested the chief financial officer of Chinese firm Huawei in 2018, according to Reuters. 

The Nepal Stock Exchange (NEPSE) gained 4. 90 points to close at 2, 639. 91 points on Tuesday. 

Similarly, the sensitive index surged by 0. 54 points to close at 454. 86 points.

A total of 13,624,824-unit shares of 349 companies were traded for Rs 1. 50 billion.

Meanwhile, Three Star Hydropower Limited (TSHL) was the top gainer today, with its price surging by 10. 00 percent. 

Likewise, Rasuwagadhi Hydropower Company Limited (RHPL) was the top loser as its price fell by 6. 09 percent.

At the end of the day, total market capitalization stood at Rs 4. 43 trillion.

E-cigarettes (vapes) worth Rs 22.4 million have been seized at the Korala border on Monday evening. 

The Nepal Police, Armed Police Force, and Mustang Customs Office seized 16,000 units of vape from a container bearing the registration number plate Na 6 Kha 7591. 

According to Santosh Basyal, the information officer of the District Police Office, the container driver, Pema Lama from Sunsari Rural Municipality-5, Sindhupalchok, has been taken into custody while the vehicle has been impounded. 

Vapes worth Rs 68.1 million had been seized from Korala border transit last year also.

A meeting of the Nepali Congress (NC) Central Working Committee (CWC), scheduled for 11 am, has been postponed to 1 pm today.

The meeting to be held at the party’s central office in Sanepa, Lalitpur, will discuss the latest developments within the party.

Central Office Chief Secretary Krishna Prasad Paudel said that office-bearers and members of the Central Working Committee, along with presidents from all seven provinces, have been invited to attend the meeting.

Technical testing work began on Sunday at the 20-megawatt Langtang Khola Hydropower Project built by Multi Energy Development Pvt. Ltd. in Gosainkunda Rural Municipality-5, Syafrubesi.

Following the successful testing of the dam site of the project, the phased technical testing of the structures and equipment constructed under the project, including sand ponds, tunnels, penstocks, etc., will begin from Jan 11 and continue until the testing is completed, the project stated.

According to the acting project chief Narayan Subedi, during the technical testing, the gates and power house equipment at the dam site will be opened and closed from time to time, which may sometimes lead to a situation where a large amount of water may have to be released at once. Due to this, the flow of Langtang Khola in the lower coastal area below the dam site may change abnormally, so the project office has urged people to adopt high alertness in the areas around the river.

During this period, activities such as moving around the river area, swimming, fishing, bathing, washing clothes, grazing livestock, and mining river-based materials will be extremely risky, and the general public has been requested not to enter or engage in them.

In addition, the project has urged people to immediately inform the project office or the nearest police station if any unusual conditions or potential risks are observed during the testing period

Gold price has set a new record in the domestic market on Tuesday. 

According to the Nepal Gold and Silver Dealers’ Association, the price of precious yellow metal has increased by Rs 1, 800 per tola and is being traded at Rs 276, 500 per tola. It was traded at Rs 274, 700 per tola on Monday. 

Likewise, the silver is being traded at Rs 5, 340 per tola.

Nine Nepalis died in a gas cylinder explosion in Himachal Pradesh, India on Tuesday.

According to The News Himachal, nine Nepalis died in a fire that broke out after a gas cylinder exploded at Arki Bazaar in Solan district of Himachal Pradesh at around 3 am today. 

All the deceased were from Siddakumar Rural Municipality-2 in Salyan, Rural Municipality Chairman Bharat Giri told Annapurna Post, the sister publication of The Annapurna Express.

The closed session of the Nepali Congress Special General Convention has formed a five-member election committee.

The election committee has been formed under the coordination of advocate Sitaram KC, dissolving the previous election committee.

The committee will determine the election procedures/guidelines and conduct the election.

The committee has been formed to take ahead the process of selecting new leadership from the general convention.

General Secretaries Gagan Thapa and Bishwo Prakash Sharma presented political and organizational reports in Monday’s closed session.