Gold shines to hit record high of Rs 207, 900 per tola

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

According to the Nepal Gold and Silver Dealers’ Association, the price of precious yellow metal has increased by Rs 2, 000 per tola and is being traded at Rs 207, 900 per tola. It was traded at Rs 205, 900 per tola on Tuesday.

The price of silver, however, has dropped by Rs 5 and is being traded at Rs 2, 480 per tola.

 

Drones being used for waste collection in Mt Everest

The world's highest summit, Mount Everest (Sagarmatha), has been often used to familiarize Nepal in the global arena. 

Mount Everest, which has the most significant contribution to tourism advancement in Nepal, is special for us from religious, touristic and economic perspectives. But, the challenge has increased when the waste is being piled up in the highest peak lately with the increasing inflow of tourists and climbers. 

In order to protect the Himalayas from the effects of climate change, drone technology has been recently used for waste collection in Mount Everest. 

Cimax Inc., the official distributor of electric vehicles BYD in Nepal, has reported that it is collecting waste using drones in coordination with the Nepali drone company Airlift Technologies. 

The company is working to collect 1,000 kgs of waste from the Everest region. 

The waste collection campaign in Nepal has been initiated under BYD’s global campaign titled 'Cool the Earth by One Degree' against climate change. 

The campaign aims to promote clean energy and limit global temperature rise through zero carbon emissions. 

Cimax Inc.'s Chief Executive Officer (CEO) Sahil Shrestha shared that they have joined this campaign both economically and technically as part of their social corporate responsibility.

According to Samir Shrestha, the market head of Cimex Inc., 286 kgs of waste has already been collected using drones from camp-1 of Mount Everest last season, and additional waste collection is going on this season. 

“The Airlift Company had previously collected waste from the Everest region,” he said, “This time Cimex Inc. and Airlift Technology have started collecting 1,000 kg of wastes together.” 

Highlighting the significant role of technology in the campaign against climate change, Shrestha shared that the use of drones has made waste collection easier. 

“After successful use of drones in rope fixing, we have also used drones in waste collection,” he mentioned

 

Lakes in Shuklaphanta National Park drying up

The lakes within the boundary of Shuklaphanta National Park are drying up and being covered due to climate change, invasive water hyacinth and vegetation. 

Owing to insufficient budget, it has become challenging to continue the conservation efforts. 

According to the Park’s Information Officer Purushottam Wagle, large natural lakes such as Rani lake, Sikhar lake, Baba lake, Kali lake, Tara lake, and Salgaudi lake are being covered and drying up due to water hyacinth and vegetation. 

These lakes are prime sources of water for wildlife. "We only have a capital budget of Rs 3.4 million. The amount has to be spent for building tourism paths and infrastructure within the park,” said  Wagle. 

In addition to natural resources, there are 40 artificial ponds in the park area. 

Shuklaphanta is considered an attractive destination for both domestic and foreign tourists for its rich biodiversity. 

The Park is a home to countless animals and plants. There are also several small and large ponds. 

Information Officer  Wagle emphasized on adequate budgetary allocation for the conservation of this wetland area.

 

Taiwan criticises strongmen cults as China holds military parade

Taiwan President Lai Ching-te criticised strongmen personality cults and secret police networks on Wednesday (Sept 3), as Chinese President Xi Jinping hosted the leaders of Russia and North Korea at a military parade marking the end of World War Two, Reuters reported.

Democratically-governed Taiwan, which Beijing claims as its own territory, has repeatedly lambasted China for what Taipei sees as a distorted view of the war, as the Republic of China was the government at the time, fighting alongside the Allies.

The Republic of China government fled to Taiwan in 1949 after losing a civil war with Mao Zedong's communists and retains the formal name to this day, according to Reuters.

Man City sign goalkeeper Donnarumma from PSG

Manchester City have confirmed the signing of goalkeeper Gianluigi Donnarumma from Paris Saint-Germain, Reuters reported.

The Italy international has signed a five-year contract and joins the club after a historic season with PSG, in which he helped the French side win a quadruple, the Ligue 1 title, French Cup, French Super Cup and UEFA Champions League.

“I am joining a squad packed with world-class talent and a team led by the one of the greatest managers in the history of football in Pep Guardiola. This is a club every player in world football would love to join,” Donnarumma said in his first Man City interview, according to Reuters.

Grimsby fined after fielding ineligible player against Manchester United

A delay of mere seconds in registering a new signing has proved extremely expensive for Grimsby but at least the League Two club looks to have escaped a potential expulsion from the Carabao Cup, The Guardian reported.

Instead Grimsby have been fined £20,000 by the English Football League for fielding an ineligible player during their famous League Cup win against Manchester United at Blundell Park last Wednesday. The governing body opted to issue a pecuniary sanction rather than use their potential powers to either expel David Artell’s side or order the tie to be replayed.

Clarke Oduor’s registration was submitted at 12.01pm last Tuesday, one minute and 59 seconds after the 12pm deadline demanded by this ­season’s EFL League Cup rules, according to The Guardian.

Loftus-Cheek, Quansah join Tuchel's squad, Wharton out with injury

England manager Thomas Tuchel added Ruben Loftus-Cheek and Jarell Quansah to his squad on Tuesday for World Cup qualifying games against Serbia and Andorra, while Adam Wharton did not report to camp due to injury, Reuters reported.

AC Milan midfielder Loftus-Cheek has 10 international caps but has not played for England since 2018. Bayer Leverkusen centre back Quansah has been called up to senior squads previously but remains uncapped.

Tuchel's now 25-man squad reported to England's training base at St. George's Park on Tuesday after the German coach gave them Monday's transfer deadline day off, according to Reuters.

Isak grateful to Newcastle despite cold send-off

Alexander Isak expressed his gratitude to Newcastle United and the club's supporters on Tuesday after his British-record transferto Liverpool, despite a trail of criticism and a frosty farewell from St James' Park, Reuters reported.

Newcastle fans were left with a bitter taste on Monday as the English champions secured the 25-year-old for 125 million pounds ($168.86 million) after the Sweden striker's standoff with the club ended with burned bridges and frayed loyalties.

"I want to express my gratitude to my teammates, the staff, and above all, the city of Newcastle and all the amazing supporters for the three unforgettable years we shared together," Isak wrote on Instagram with comments on the post turned off, according to Reuters.