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The Nepal Stock Exchange (NEPSE) gained 47. 75 points to close at 1, 907. 95 points on Sunday.

Similarly, the sensitive index surged by 7. 83 points to close at 364. 81 points.

A total of 6,530,64-unit shares of 294 companies were traded for Rs 2. 01 billion.

Meanwhile, Chhyangdi Hydropower Ltd and Bhagawati Hydropower Development Company Limited were the top gainers today, with their price surging by 10. 00 percent. Likewise, Infinity Laghubitta Bittiya Sanstha Limited​​​​​​​ and NMB Sulav Investment Fund - 2 were the top losers as their price fell by 2. 47 percent.

At the end of the day, total market capitalization stood at Rs 2. 94 trillion.

A 4.5 magnitude earthquake jolted Kathmandu Valley and adjoining districts on Thursday.

According to the National Earthquake Monitoring and Research Centre, the earthquake with epicenter in Chitlang of Makwanpur district was recorded at 1: 19 am.

Ten Nepalis have died in the attacks of Palestinian Islamist group Hamas in Israel.

According to Nitin Bhandari, a Nepali student, four persons have been injured and one is still missing.

He said that two others are in safe hands of police.

Bhandari said that all of them are the students of Far-Western University.

The deceased have been identified as Narayan Prasad Neupane and Ashish Chaudhary of Kailali, Ganesh Kumar Nepali of Bajhang, Dipesh Raj Bista and Lokendra Singh Dhami of Darchula, Ananda Sah of Dhanusha, Rajesh Kumar Swarkar of Sunsari, Rajan Phulara and Padam Thapa of Doti and Pravesh Bhandari of Salyan.

Nepali Ambassador to Israel Kanta Rijal confirmed the death of 10 Nepali in the attack.

Pramod KC of Salyan and Birendra Chaudhary of Kailali are in safe hands.

Among the four persons injured in the attack, Dhan Bahadur Chaudhary of Kailali and Himanchal Kattel have sustained injuries in their legs. They are undergoing treatment at a local hospital.

Bipin Joshi of Kanchan has not come in contact with the concerned authority.

The government has decided to form a four-member high-level probe commission to investigate the gold smuggling case.

The meeting has decided to form the commission under the headship of former High Court Chief Judge Dilliram Acharya.

Other members of the commission are Kishor Jung Karki of the Finance Ministry, Prem Raj Joshi of Home Ministry and former AIG Sahakul Thapa.

Earlier, Prime Minister Pushpa Kamal Dahal had called an all-party meeting to discuss the gold smuggling case.

Following the all-party meeting, Prime Minister Dahal had summoned a Cabinet meeting.

The meeting has decided to form a high-level probe commission under the headship of former High Court Judge Acharya to investigate the recent gold smuggling case, Information and Communications Minister Rekha Sharma said.

The Nepal-India Chamber of Commerce & Industry (NICCI) and the Bengal Chamber of Commerce & Industry (BCC&I) signed a Memorandum of Understanding (MoU) on economic collaboration during the inaugural day of the Indo-Pacific Economic Conclave 2023 held in Kolkata, India.

Shreejana Rana, President of NICCI, and Subir Chakraborty, President of BCC&I, signed the MoU in a ceremony that symbolized a new era of economic cooperation.

The Indo-Pacific Economic Conclave 2023, organized by BCC&I, served as the ideal platform for this landmark agreement, reads the statement issued by NICCI.

During the program,  Rana addressed the critical issues facing the Indo-Pacific region.

Her speech touched on various aspects, including cargo shipment, infrastructure development, logistics optimization, supply chain efficiency, visa regulations, and more.

In addition to that, Rana underscored the immense potential of the Indo-Pacific region, highlighting its economic dynamism, cultural diversity, and capacity for innovation, according to the statement.

She emphasized the need to confront the pressing challenges that hinder the region's progress, such as infrastructure gaps, logistics inefficiencies, and the disruptive impact of the COVID-19 pandemic on supply chains.

Moreover, Rana shed light on concerns related to visa regulations, non-tariff barriers, environmental sustainability, and climate change, all of which can significantly affect cross-border trade and investment.

Meanwhile, Rana put forth a comprehensive set of solutions to resolve these problems.

Furthermore, she advocated for the negotiation of bilateral agreements on labor movement to address labor shortages and skills gaps in various sectors.

Rana also emphasized the importance of digitalization and e-commerce initiatives to facilitate the seamless movement of goods and services across borders, reducing paperwork and administrative burdens, the statement reads.

Recognizing the increasing importance of environmental considerations in global trade, Rana urged for collaborative efforts to address environmental concerns and promote sustainable practices.

She encouraged regional stakeholders to adopt eco-friendly trading practices and engage in responsible environmental stewardship to enhance the region's reputation as a responsible and eco-conscious trading partner.

On top of that Rana also highlighted the significance of cultural exchanges, educational programs, and tourism as instruments to promote greater understanding and cooperation among nations. She stressed the importance of fostering a sense of regional identity and unity as a means to bolster cooperation further.

Additionally, she emphasized the critical role of collaborative research and innovation initiatives in driving economic growth and technological advancement within the region. Mrs. Rana also proposed coordinated efforts in disaster management and relief, including the establishment of early warning systems and joint response teams, to minimize the impact of natural disasters on the region's economies, the statement further reads.

As part of the seamless connectivity agenda and to promote bilateral and regional tourism, Rana unveiled the recent release of a Coffee Table Book on Spiritual Circuits between Nepal and India. This beautifully curated book features five religious circuits - Ramayana, Mahabharat, Shivashakti, Buddhist, and Sikh - in both countries. Following its successful unveiling in Nepal, plans are underway for a grand launch in India, enhancing cultural exchanges and promoting tourism.

The Nepal Stock Exchange (NEPSE) gained 18. 45points to close at 2,022. 91 points on Tuesday.

Similarly, the sensitive index surged by 2.56 points to close at 386. 24 points.

A total of 8,704,477-unit shares of 286 companies were traded for Rs 2. 09 billion.

Meanwhile, Menchhiyam Hydropower Limited and Manakamana Engineering Hydropower Limited​​​​​​​were the top gaines today, with its price surging by 10. 00 percent. Likewise,
Himalayan Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 5.87 percent.

At the end of the day, total market capitalization stood at Rs 1. 08 trillion.

The National Examinations Board (NEB) has started conducting grade increment examinations for class 12 students from today.

NEB Chairperson Dr Mahashram Sharma said the grade increment exam is taking place from today for the students who obtained ‘non-graded (NG)’ in the results of class 12 published on August 15.

NEB’s Controller of Examinations, Krishna Prasad Sharma, said the examination is scheduled for today and Wednesday from 11:00 am to 2:00 pm.

A total of 123,396 students are attending the grade increment exam. Four hundred nineteen examination centers have been determined across the country for the same. Of them, 79,584 students have been non-graded in one subject.

As per the letter grading guideline, any subject with less than 35 percent marks is non-graded (NG). The examination is taking place peacefully at all the exam centers across the country, shared Sharma.

RSS

The price of gold has increased by Rs 100 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 112, 200 per tola today. It was traded at Rs 112, 100 per tola on Friday.

Meanwhile, tejabi gold is being traded at Rs 111, 650 per tola. It was traded at Rs 111, 550 per tola.

Similarly, the silver is being traded at Rs 1,430 per tola today.