Shyamlal Gyawali appointed CIB Chief, Kiran Bajracharya recalled to Police headquarters
Chief of the Central Investigation Bureau (CIB) of Nepal Police Kiran Bajracharya has been recalled to Nepal Police headquarters.
A Cabinet meeting held on Friday decided to recall Bajracharya to the Nepal Police headquarters.
The government has also decided to appoint Shyamlal Gyawali as the Chief of the CIB.
A high-level probe commission formed to probe the gold smuggling has recommended departmental action against Bajracharya for failing to perform his job effectively.
Case filed against former Vice-President Nanda Bahadur Pun’s advisor Gurung
A case has been filed at the Kathmandu District Court against former Vice-President Nanda Bahadur Pun's advisor Jeevan Gurung.
The Tribhuvan International Airport Customs Office filed the case against Gurung demanding Rs 1. 40 billion fine and five years imprisonment for being involved in gold smuggling.
The Customs Office claimed in the case that Gurung is involved in the 14 kg gold smuggling.
Chinese Ambassador Chen Song calls on PM Dahal
Chinese Ambassador to Nepal Chen Song called on Prime Minister Pushpa Kamal Dahal on Thursday.
The Chinese ambassador had reached Baluwatar to meet Prime Minister Dahal.
During the meeting, they discussed issues of bilateral interests.
According to a source, the Chinese ambassador inquired about the latest political developments with Prime Minister Dahal.
The source said that Chinese Ambassador Chen also suggested Prime Minister Dahal to advance the BRI project.
A few days ago, high ranking officials of the Chinese Liberation Army had visited Nepal.
Some political analysts have been claiming that the new alliance of UML-Maoist was formed under the influence of China.
UML Chairman KP Sharma Oli, however, claimed that China has no hand in the formation of UML-Maoist coalition.
Nepse plunges by 2. 48 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 2. 48 points to close at 2, 108, 72 points on Wednesday.
Similarly, the sensitive index dropped by 0. 48 points to close at 374. 65 points.
A total of 10,889,634-unit shares of 310 companies were traded for Rs 4. 24 billion.
Meanwhile, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB)
was the top gainer today with its price surging by 9. 99 percent.
Likewise, Upper Tamakoshi Hydropower Ltd (UPPER) was the top loser with its price dropped by 10. 00 percent.
At the end of the day, the total market capitalization stood at Rs 3. 31 trillion.
PM informs President about forming new Cabinet
Prime Minister Pushpa Kamal Dahal is going to appoint three ministers without portfolio.
Prime Minister Dahal met President Ram Chandra Paudel this afternoon and informed that he will form a three-member Cabinet, a Baluwatar source said.
He requested the President to prepare for the swearing in ceremony.
The Prime Minister reached the President's following an agreement to form a federal government from the new equation of the CPN-UML.
Padam Giri from CPN-UML, Hit Bahadur Tamang from the CPN (Maoist Center) and DP Aryal from the Rastriya Swatantra Party will be appointed as ministers without portfolio.
Nepse plunges by 0. 87 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 0. 87 points to close at 2, 000. 77 points on Wednesday.
Similarly, the sensitive index dropped by 0. 63 points to close at 356. 45 points.
A total of 5,115,658-unit shares of 308 companies were traded for Rs 2. 03 billion.
Meanwhile, Bishal Bazar Company Limited (BBC), Bottlers Nepal (Balaju) Limited (BNL) and Bottlers Nepal (Terai) Limited (BNT) were the top gainers today with their price surging by 10. 00 percent.
Likewise, Samling Power Company Limited (SPC) was the top loser as its price fell by 6. 66 percent.
At the end of the day, the total market capitalization stood at Rs 3. 14 trillion.
Gold price drops by Rs 100 per tola on Wednesday
The price of gold has dropped by Rs 100 per tola in the domestic market on Wednesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 118, 200 per tola today. It was traded at Rs 118, 300 per tola on Tuesday.
Similarly, tejabi gold is being traded at Rs 117, 650 per tola. It was traded at Rs 117, 750 per tola.
Meanwhile, the silver is being traded at Rs 1,375 per tola today.
Nepse surges by 9. 34 points on Tuesday
The Nepal Stock Exchange (NEPSE) gained 9. 34 points to close at 2,001. 63 points on Tuesday.
Similarly, the sensitive index surged by 1. 11 points to close at 357. 09 points.
A total of 5,239,416-unit shares of 308 companies were traded for Rs 3. 14 billion.
Meanwhile, Bottlers Nepal (Balaju) Limited (BNL) and BPW Laghubitta Bittiya Sanstha Limited (BP) were the top gaines today, with their price surging by 10. 00 percent.
Similarly, Chirkhwa Hydropower Limited (CKHL)was the top loser as its price fell by 5. 06 percent.
At the end of the day, total market capitalization stood at Rs 3. 14 trillion.