Nepse plunges by 15. 54 points on Monday

The Nepal Stock Exchange (NEPSE) plunged by 15. 54 points to close at 2, 594. 13 points on Monday.

Similarly, the sensitive index dropped by 2. 56 points to close at 441. 42 points.

A total of 13,870,579-unit shares of 322 companies were traded for Rs 6. 65 billion.

Meanwhile, Barahi Hydropower Public Limited (BHPL) was the ​​​​​​top gainer today with its price surging by 10. 00 percent. Likewise, Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) and Sindhu Bikash Bank Ltd (SINDU) were the top losers as their price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 30 trillion.

Manang sees first snowfall of this winter

 

Manang, Jan 13: Snowfall has occurred in Manang, a mountainous district, bringing joy to the locals.

This marks the first snowfall of the winter season, which had been expected since the month of Mangsir (November-December). Kishan Mukhiya Gurung of Nesyang Rural Municipality-1, shared that the hills are now blanketed in snow.

He added that winter snowfall is good for crops as it keeps the soil moist and fertile.

He added that snowfall is favourable for the cultivation of medicinal plants, including Yarsagumba (Ophiocordyceps sinensis), Panchaule (Dactylorhiza hatagirea), and Chiraito (Swertia chirayita).

Yagya Ghale from Tachai of Naso Rural Municipality-8, stated that the delayed snowfall had adversely affected Manang's tourism sector, with potential visitors postponing their trips due to the lack of snow.

"We hope tourist arrivals will increase now with the beginning of snowfall though it is not significant." However, Naso Rural Municipality-5 Ward Chair, Thuten Lama, said that there is no indication of snowfall in the lower Manang. Snowfall serves as a crucial source of irrigation for winter crops such as potatoes, buckwheat, and barley in these areas.

Over 110,000 adolescent girls of Kathmandu district to get HPV vaccine

 

More than 110,000 adolescent girls of Kathmandu district would be vaccinated with 'Human Papillomavirus' (HPV) vaccine against cervical cancer.

At a program organized by the Public Health Office, Kathmandu, on Sunday, senior public health administrator Satish Bista shared that 110,263 girls aged 10-14 of 11 local levels of Kathmandu district would get HPV vaccine against cervical cancer.

A total of 97,540 girl students from Grade 6-10 as well as 12,723 girls between 10-14 years, who are out of school, would be vaccinated.

The vaccine would be administered through 1,101 schools and 146 other vaccination centres.

Total 2,412 health workers would be deputed for vaccination campaign in Kathmandu district. It would run from February 5-18.

Chief of the Public Health Office, Kathmandu, Basanta Adhikari, said activities are underway by forming vaccination committee under coordination of Mayor and chairperson in municipalities to run the campaign successfully.

The government is launching a vaccination campaign against cervical cancer targeting 1.688 million adolescent girls between 10-14 years from Grade 6-10 across the country.

RSP President Lamichhane sent to judicial custody

 

The Kathmandu District Court has ordered the police administration to keep Rastriya Swatantra Party President Rabi Lamichhane in the judicial custody.

A single bench of District Judge Madhav Prasad Adhikari issued an order to keep President Lamichhane in the judicial custody, asking him to appear at the bench at 10 am on Monday.

He was sent to the judicial custody as there was no hearing today.

Registrar at the Kathmandu District Court Ramu Sharma said, "Statement of Lamichhane was recorded over the issue of funds embezzlement of Swarnalaxmi Cooperatives of Kathmandu." 

Nepse plunges by 25. 41 points on Sunday

The Nepal Stock Exchange (NEPSE) plunged by 25. 41 points to close at 2,609. 67 points on Sunday.

Similarly, the sensitive index dropped by 4. 55 points to close at 443. 99 points.

A total of 8,021,631-unit shares of 301 companies were traded for Rs 3. 99 billion.

Meanwhile, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) was the ​​​​​​top gainer today with its price surging by 10. 00 percent. Likewise, Nyadi Hydropower Limited (NYADI)was the top loser as its price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 32 trillion.

Gold price increases by Rs 1, 600 per tola on Sunday

The price of gold has increased by Rs 1, 600 per tola in the domestic market on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 155, 700 per tola today. It was traded at Rs 154, 100 per tola on Friday.

Similarly, the silver is being traded at Rs 1, 860 per tola today.

Climate change needs collective address: DPM Paudel

 

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said the climate change and sustainability of trade are common global agenda, so they warrant collective action and address.

Inaugurating the 3rd annual conference on 'Climate Change and Sustainability of Trade in South Asia' organized jointly by the World Trade Organization and the Kathmandu University in the federal capital on Saturday, DPM Paudel reminded that Nepal is on the forefront of climate change vulnerability, resulting into adverse impacts on socio-economy and infrastructures.

Decentralization of production centres and diversification of supply chain could help reduce risk in trade infrastructures, according to him.

The DPM hoped the conference would be fruitful to whet the pressing issues of climate change in south Asia and build common perspectives among policy makers, researchers and private sector representatives so that they would take proper strategies for future.

Efforts made by Nepal despite its negligible role in climate change need to be made visible. The climate actions like mitigation and adaptation should be prioritized, he suggested.

Similarly, the Finance Minister pointed out the need for developing climate resilient infrastructures so that supply chain will not be disrupted. On the occasion, Registrar at the Kathmandu University, Dr Achyut Wagle, said the initiatives for sustainable economic development should be friendly to private sector. Just and balanced efforts in south Asia can promote trade, he said, adding that continuous actions are required to reduce impact of climate change.

In view of Joint Secretary at Ministry of Industry, Commerce and Supply, Devraj Joshi, Nepal could forward sustainable trade by addressing the problems facing trade and climate change.

Study and research in this sector would enrich policy and action plans, he believed. Representatives from nine countries including Nepal, India, Bangladesh, China, Turkey, and Indonesia attended the event.

RPP Nepal Chair Thapa calls on PM Oli

 

Rastriya Prajatantra Party (RPP) Nepal, Kamal Thapa, today paid a courtesy call on Prime Minister KP Sharma Oli.

During the meeting, the two exchanged views on contemporary political scenario, according to RPP Nepal's General Secretary Rajaram Bartaula.

Leader Thapa also extended an invitation to the Prime Minister to a reception to be organized by the party tomorrow, January 11, on the occasion of 'National Unification Day'.