HoR meeting postponed till Thursday

Even the third meeting of the House of Representatives (HoR) held on Wednesday failed to enter the regular business owing to obstruction by the opposition parties. It prompted the Speaker to postpone the meeting till Thursday.

The opposition parties demanded the presence of Prime Minister Balendra Shah in the Parliament and sought the Speaker's ruling for it. Although the Parliament meetings were held multiple times, it could not enter the regular business. 

The next meeting is scheduled for 11 am Thursday.

The HoR meeting on Wednesday was scheduled to hold a discussion on the government's policies and programs which was read out by President Ram Chandra Paudel on Monday.

 

NC Central Disciplinary Committee reshuffled

Nepali Congress (NC) has reshuffled its Central Disciplinary Committee. 

NC President Gagan Kumar Thapa on Wednesday reshuffled the Central Disciplinary Committee constituted in accordance with the Article 34 (7) of the Nepali Congress Statute, 2017 (with amendment). 

The reconstituted committee comprises central member Taraman Gurung as the coordinator, and central members Dhana Khatiwada, Ramesh Prasad Dhamala and Bajarang Nepali as the members. 

Donald Trump land for high-stakes meeting with Xi Jinping

Donald Trump lands in Beijing for a high-stakes two-day visit with his Chinese counterpart Xi Jinping, BBC reported. 

Trump is greeted on the tarmac by Chinese Vice-President Han Zheng as well as flag wavers chanting "welcome"​​​​​.

The US president is accompanied by tech bosses, including Tesla's Elon Musk and Nvidia's Jensen Huang - before his arrival he said he would ask China to "open up" to US industry

Prakash Adhikari appointed House Secretary

Prakash Adhikari has been appointed as the Secretary of the House of Representatives.

President Ram Chandra Paudel appointed Adhikari as the Parliament Secretary on the recommendation of Speaker Dol Prasad Aryal.

Ritesh Kumar Shakya, spokesperson of the Office of the President, said that Adhikari was appointed as the Secretary of the House of Representatives in accordance with Article 106, Clause (1) of the Constitution of Nepal, on the recommendation of the Speaker.

Earlier, President Paudel had removed Secretary of the House of Representatives Harkaraj Rai from his post on the recommendation of the Speaker.

Adhikari was appointed as the secretary after Rai was relieved of his post.

 

 

 

 

 

NA starts deliberations on government policies and programs

Discussions on the government’s policies and programs for the fiscal year 2083/84 have begun in the National Assembly. 

The deliberations on policies and programs have started on a party basis in the meeting today.

In the meeting, NA Chairman Narayan Prasad Dahal informed the assembly that eight amendment proposals were received on the policies and programs, including a joint amendment proposal from 19 members.

Before that, Finance Minister Swarnim Wagle, on behalf of Prime Minister Balendra Shah, proposed that the Assembly initiate discussions on the government’s policies and programmes for the fiscal year 2083/84, as mentioned in the address delivered to the joint sitting of both houses of the Federal Parliament by the President on May 11.

 

Nepse plunges by 4. 15 points on Wednesday

The Nepal Stock Exchange (NEPSE) surged by 4. 15 points to close at 2, 740. 25 points on Wednesday.  

Similarly, the sensitive index dropped by 0. 70 points to close at 467. 55 points.

A total of 5,643,288-unit shares of 339 companies were traded for Rs 1. 56 billion.

Meanwhile, Asian Hydropower Limited (AHL) was the top gainer today with its price surging by 11. 42 percent.

Similarly, Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) was the top loser as its price fell by 11. 17  points. 

At the end of the day, the total market capitalization stood at Rs 4. 67 trillion.

 

 

Government’s policies and programs tabled in Parliament amid oppositions protest

The government’s policies and programs have been tabled in the Parliament for deliberation amid protest from the opposition parties. 

Finance Minister Dr Swarnim Wagle presented the document on behalf of Prime Minister Balendra Shah in the second meeting held on Wednesday.

Speaker Dol Prasad Aryal had allowed Finance Minister Wagle to table the government’s policies and programs in the Parliament. 

 

 

 

NC warns of boycotting House proceedings, demands PM’s presence

The main opposition party, Nepali Congress, has warned of boycotting the House if the Prime Minister does not take part in the discussion on the government's policies and programs.

Opposition parties disrupted the Parliament meeting on Wednesday demanding the Prime Minister Balendra Shah's presence in the discussions.

Following the disruption, Speaker Dol Prasad Aryal gave floor to Congress lawmaker Arjun Narsingh KC.

Speaking at the House, lawmaker KC insisted that the Prime Minister himself should answer questions raised on the government's policies and programs.

He also warned of boycotting the parliamentary proceedings if the Prime Minister remained absent from the discussions.