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The price of gold increased by Rs 1,400 per tola (11.66 grams) in the domestic market today.

However, the price of silver remained unchanged as compared to yesterday.

The rise in the price of gold in international market and internal demand are among the reasons behind the price-rise, it is said.

According to the Nepal Gold and Silver Dealers' Association, the gold price is being traded at Rs 151,000 per tola on Wednesday. It was traded at Rs 149,600 per tola on Tuesday.

The silver is being traded at Rs 1,765 per tola today. 

In a significant move to strengthen international media collaboration, Annapurna Media Network (AMN), a leading media organization in Nepal, and Forsythe Multimedia Group, LLC, the publisher of The South Asian Times based in Hicksville, New York, USA, are pleased to announce the signing of a Memorandum of Understanding (MOU). This partnership will formalize the exchange and distribution of news content between the two organizations across various media platforms, focusing on positive, motivational, and success-oriented stories that resonate with their audiences. The MOU is signed by Mr. Manoj Basnet, General Manager of Annapurna Media Network, and Mr. Kamlesh C. Mehta, Chairman and Publisher of Forsythe Multimedia Group, LLC. This collaboration represents a strategic milestone in the relationship between the two organizations, aimed at fostering stronger media connections and enhancing their respective global media presence.

Under the terms of the MOU, The South Asian Timeswill publish news content provided by Annapurna Media Network across its print and digital platforms, with appropriate attribution given to AMN as the source. In return, Annapurna Media Network will also publish or reproduce content from The South Asian Times across its diverse media outlets, including Annapurna Post (Nepali daily), The Annapurna Express (English daily), Ap1 Television, Radio Annapurna, and its digital platforms. The content shared between the two organizations will center around positive stories that inspire and inform audiences, covering topics such as business achievements, social welfare, technological progress, cultural highlights, and human-interest stories. 

The primary objective of this partnership is to enhance the reach and visibility of both Annapurna Media Network and Forsythe Multimedia Group, LLC. By sharing content and leveraging their respective platforms, the two organizations aim to connect with broader audiences across South Asia, the United States, and other international markets. The collaboration is designed to enrich the media landscape by providing readers with diverse and engaging content that not only reflects the interests of the two organizations' audiences but also promotes positive societal change, cultural understanding, and global community building. This partnership is not just about content sharing but also about fostering a constructive relationship within the global media industry.

This Memorandum of Understanding represents the beginning of a promising new chapter for both Annapurna Media Network and Forsythe Multimedia Group, LLC. As the partnership progresses, both organizations are confident that their shared commitment to high-quality journalism, positive content, and global connectivity will result in a mutually beneficial relationship that will continue to grow and expand across borders. 

By leveraging their collective strengths, Annapurna Media Network and Forsythe Multimedia Group, LLC aim to become leading voices in their respective markets, driving forward the global media conversation with content that is both impactful and inspiring. This MOU marks the first step in a long-term collaboration that will provide readers with an enriching news experience while fostering stronger ties between Nepal, the United States, and other international communities. As both organizations look to expand their influence and connect with audiences in new and innovative ways, they are excited about the future of their partnership and the new opportunities it will bring.

Manoj Basnet, the General Manager of Annapurna Media Network, expressed excitement about the new partnership with Forsythe Multimedia Group, LLC and The South Asian Times. He highlighted that the collaboration would significantly expand their global reach, enabling them to deliver valuable news content to readers both in Nepal and worldwide. Similarly, Kamlesh C. Mehta, the Chairman & Publisher of Forsythe Multimedia Group, LLC, shared his enthusiasm about working with Annapurna Media Network, a highly respected media organization in Nepal. He emphasized that the partnership would offer readers a unique perspective and diversify the content available on The South Asian Times, aiming to provide high-quality news to their audiences.

Presently there is a general influence of westerly wind in the country with foggy weather in many places of the Terai.

According to the Department of Hydrology and Meteorology, fog has also occurred in the hilly areas of Gandaki province.

The weather, according to the Department, will be partly cloudy in the hilly region and fair in the rest of the country this afternoon.

Likewise, the hilly areas of the far-western province will be partly cloudy while remaining parts of the country will have mainly fair weather.

Fog is likely to occur at many places in the Terai and Kathmandu Valley on Thursday morning, the Department has urged all concerned to remain alert as it may affect daily life, health, transport and aviation.

Prime Minister KP Sharma Oli has extended best wishes to all on the occasion of the New Year 2025 today.

Taking to social media, he posted an image of the rising sun and said, "May a beautiful dawn arise in everyone's life! Happy New Year 2025!". 

The Nepal Stock Exchange (NEPSE) plunged by 33. 08 points to close at 2, 576.50 points on Tuesday.

Similarly, the sensitive index dropped by 2. 28 points to close at 444. 71 points.

A total of 13,174,379-unit shares of 308 companies were traded for Rs 5. 67 billion.

Meanwhile, Nadep Laghubittiya bittya Sanstha Ltd. (NADEP) was the top gainer today with its price surging by 4. 01 percent.
Likewise, Support Microfinance Bittiya Sanstha Ltd. (SMB), Janaki Finance Company Limited (JFL) and Pokhara Finance Ltd. (PFL) were the top loser as their price fell by10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 27 trillion.

More than 1.140 million foreign tourists visited Nepal in 2024.

According to data as of this morning, a total of 11,047,024 tourists entered Nepal in one year, said the Nepal Tourism Board.

This is the first year Nepal welcomed the highest number of tourists after coronavirus pandemic.

Board Director Marin Raj Lamichhane said in average 3,000 tourists entered Nepal every day.

The arrival of tourists had increased by more than 14 per cent in 2024 as compared to 2023.

Similarly, 1.197 million foreign tourists had visited Nepal in 2019. The COVID pandemic started in early 2020 had brought the arrival of tourists to a standstill till 2022.

As per the last six-month data of United Nations World Tourism Organisation, Nepal's post COVID tourism has revived by 96 per cent.

The arrival of tourists in Nepal had increased due to Nepal Premier League, Global Buddhist Summit, International Balloon Festival, Dragon Boat Festival as well as other festivals.

A 4.6 magnitude earthquake shook Baitadi district on Tuesday.

According to Chintan Timilsina, Chief at the Surkhet-based Earthquake Measurement Station, the tremor occurred at 7. 54 am with its epicenter at Nwaghar, Sigas Rural Municipality-7, Baitadi.

The tremor was also felt in Bajhang, Dadeldhura and Doti districts.

There are so far no reports of casualties and damage resulting from the earthquake, the District Police Office stated.

The United Nations World Food Programme (WFP) has provided financial support to 1,230 flood-affected families in Roshi Rural Municipality in the district.

The relief support was received through the WFP's Nepal Office, the Roshi Rural Municipality Office said.

Twelve people were killed while 482 houses were completely damaged and 883 houses partially damaged in Roshi rural municipality due to the floods and landslides triggered by incessant rains on September 27 and 28.

The Rural Municipality Chairperson Dinesh Lama said that WFP directly transferred the cash relief support to the beneficiaries' bank account, based on the number of the affected families.

He said the cash has been deposited in the bank account of all the flood and landslide-affected people. It is stated that WFP has provided Rs 15, 000 and Rs 20, 000 in line with the government's policy of distributing the cash relief to the affected families on the basis of the family size.

Lama, the Rural Municipality Chairperson, said that 108 flood and landslide-hit families were provided with cash relief support through the Catholic Relief Service (CRS) before this.

The natural disaster damaged the cultivated land of 2,544 households, 160 water supply projects, one concrete bridge, 47 schools and four health centres in the rural municipality.

The flood and landslide flooded and damaged the local Damphu Park, a 10-bed hospital and a cold storage facility.