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National Assembly Secretary Surendra Aryal tendered his resignation on Tuesday.

He submitted his resignation to President Ram Chandra Paudel.

A communique issued by Pradip Koirala, the Spokesperson at the Office of the President, stated that Aryal has tendered his resignation, in writing, in accordance with Section 6, Part 'A' of the Act Related to the Salary, Terms of Service and Facilities of the Secretary of the National Assembly, 2075. 

 In his resignation letter, Aryal has pleaded that his resignation be approved to be effective from today.     

The National Assembly is the upper house and the House of Representatives the lower house of the Federal Parliament.

The Nepal Stock Exchange (Nepse) index extended its winning streak for the third consecutive session on Tuesday, climbing 62.29 points to close at 2,571.34 — its highest level in more than a month. 

The 2.48% jump also marked the largest single-day gain since September 21, when the benchmark index had soared by 111.70 points.

The market opened on a bullish note, with the index immediately taking a green trajectory as trading began. Although minor pullbacks occurred during mid-session, investor sentiment remained upbeat throughout the day. The benchmark hit an intraday high of 2,576.24 points before trimming some gains toward the close.

The Nepse index had closed at 2,672.25 points on September 8 — the first day of the Gen Z protests. The widespread destruction of public and private property, followed by a change in government, on September 8 and 9 weighed heavily on investor sentiment. As a result, the benchmark index slipped below the 2,500-point mark by October 16. However, Tuesday’s rally indicates that investor confidence has rebounded as the situation gradually returns to normal.

Trading activity also surged sharply on Tuesday, as total turnover nearly doubled to Rs 4.5 billion compared to the previous session. Both trading volume and total transactions saw significant increases, reflecting renewed confidence among investors after weeks of subdued trading.

Out of the traded securities, prices of 236 companies advanced, while only 12 declined and two remained unchanged. The widespread buying interest across sectors suggested that investors were positioning themselves ahead of potential corporate announcements and broader market recovery signals.

Himalayan Power Partners Ltd topped the turnover chart, with Rs 249.46 million worth of shares changing hands. Union Hydropower Ltd followed closely with Rs 232.26 million in turnover, while Radhi Bidyut Company secured the third spot with Rs 219.88 million. The prominence of hydropower stocks underscored the sector’s ongoing appeal among retail and institutional investors.

Sector-wise, all but one of Nepse’s 13 sub-indices ended in the green. The Development Bank sub-index led the rally with a robust 4.44% gain, followed by the Hydropower and Investment sub-indices, which rose 3.9% and 3.55%, respectively. The market heavyweight Banking sub-index also added 1.92%, supporting the overall upward momentum. The only laggard was the Trading sub-index which went down by 0.76%.

The back-to-back gains — the first such streak since August 27 — have lifted investor morale, suggesting that the market may be entering a short-term consolidation phase and breach the 2,600-point mark.

With turnover expanding and broad-based participation returning, traders say Nepse’s next test will be sustaining momentum amid possible profit-booking pressures in the sessions ahead.

The Nepal Stock Exchange (NEPSE) gained 62. 29 points to close at 2, 571. 34 points on Tuesday.

Similarly, the sensitive index surged by 11. 97 points to close at 448. 97 points.

A total of 9,243,723-unit shares of 314 companies were traded for Rs 4. 57 billion.

Meanwhile, Nyadi Hydropower Limited (NYADI) was the top gainers today, with its price surging by 10. 00 percent. 

Likewise, Himalayan Power Partner Ltd. (HPPL) was the top loser as its price fell by 6. 36 percent.

At the end of the day, total market capitalization stood at Rs 1. 46 trillion.

The Government of the Federal Republic of Germany has pledged an assistance of 39,000 Euros to support communities impacted by the devastating floods of October 2025 in Ilam, Nepal. 

Ambassador Udo Volz, on behalf of the Government of the Federal Republic of Germany, signed the grant agreement with Country Director Shakeb Nabi of Deutsche Welthungerhilfe for an Emergency Relief Support Project in Ilam, reads a statement issued by the Embassy of Germany.

The project will assist disaster-affected communities in Ilam district, ensuring lifesaving assistance and enhancing resilience against future disasters. 

The project will support households in highly affected areas in Ilam District, with a focus on marginalized groups, women and children. That includes the provision of food as well as essential items such as mattresses, tarpaulins, warm clothes, dignity kits and blankets, according to the statement.

The local implementation partner is Rural Reconstruction Nepal. 

The project is slated to be completed by December 2025.

Germany remains committed to supporting the people of Nepal, also in difficult times. During the floods in September 2024, Germany provided 100, 000 Euros for disaster response, dedicated to relief efforts in Sarlahi and Rautahat Districts, implemented by One Heart Worldwide.

The Valley Traffic Police Control Room which was set on fire during the September 8–9 Gen Z demonstration, has been rebuilt. 

The reconstruction was carried out with the support of the Non-Resident Nepali Association (NRNA).

NRNA International Coordination Council Chair, Mahesh Kumar Shrestha, and Vice Chair and Disaster Management Committee Chair, Manoj Kumar Shrestha, handed over the reconstructed facility to Chief of Kathmandu Valley Police Office, Ranipokhari and Additional Inspector General of Police (AIG) Dan Bahadur Karki today.

The AIG thanked the NRNA for taking the initiative to restore the Control Room. 

He also stressed the need for raising awareness among younger generations for protecting public property.

Senior forestry officials from Indonesia, Viet Nam, and Nepal, private-sector partners and climate finance experts gathered in Seoul this week to chart the next steps for scaling up high-integrity forest carbon transactions across the Asia-Pacific. 

The roundtable meeting, held at the Global Green Growth Institute (GGGI) as part of Global Green Growth Week, was co-organized by UN-REDD to help countries move from REDD+ readiness for results-based finance and Article 6 implementation under the Paris Agreement.

“Countries in the Asia Pacific are demonstrating that protecting forests and building credible carbon markets are two sides of the same coin,” said Gabriel Labbate, Head of UNEP’s Climate Mitigation Unit and Global Team Leader of UN-REDD. “They are moving from readiness to results - building systems that not only store carbon, but also sustain livelihoods, restore ecosystems, and build trust in the markets that finance them.”

Across Indonesia, Viet Nam and Nepal, more than 230 million tonnes of CO₂ equivalent (tCO₂e) in potential mitigation results are being readied for verification or issuance - signaling a major pipeline of forest-based climate outcomes linked to community resilience and green investment.

On the occasion, discussion was focused on practical, country-led steps to accelerate verified issuance, clarify national positions ahead of COP 30, and explored how the proposed Tropical Forest Forever Facility (TFFF) -  an endowment-style, non-offset mechanism offering per-hectare payments for standing forests - could support and complement domestic efforts to attract long-term, high-integrity investment into forest landscapes.

Sudan's military chief has confirmed the army's withdrawal from its last western stronghold of el-Fasher after the paramilitary Rapid Support Forces (RSF) declared control of the city, BBC reported.

In a televised address, Gen Abdel Fattah al-Burhan said he had approved the withdrawal in response to the "systematic destruction and killing of civilians".

He said he had agreed with local leaders to "leave and go to a safe place to protect the remaining citizens and the rest of the city from destruction".

The UN has raised the alarm over reports of atrocities committed by the RSF in recent days, and has called for safe passage for trapped civilians, according to BBC.

Two people have been killed in an underground explosion at a mine in the Australian state of New South Wales (NSW), the first such incident of its kind since 2015, BBC reported.

Emergency services were called to the Endeavor mine at Cobar, about 700km (435 miles) northwest of Sydney, in the early hours of Tuesday after reports two people had been critically injured.

Police said a man, in his 60s, was confirmed dead at the scene and two women, both in their 20s, were brought to the surface, but one later died. The second woman was airlifted to hospital for minor injuries and shock, according to BBC.