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The price of gold has dropped by Rs 100 per tola in the domestic market on Friday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow bullion is being traded at Rs 102, 500 per tola today. The yellow metal was traded at Rs 102, 600 per tola on Sunday. Meanwhile, tejabi gold is being traded at Rs 102, 000 per tola. It was traded at Rs 102, 100. Similarly, the price of silver has dropped by Rs 5 and is being traded at Rs 1,265 per tola today.

UHS Holdings, a leading provider of interior solutions, has brought the German brand Hafele in Nepal. The company opened Hafele Design Studio at the Hafele Showroom in Gairidhara, Kathmandu on Thursday. The studio was inaugurated by Frank Schloeder, Managing Director, Hafele South Asia, and Purushottam Nyaupane, Chairman, UHS Holdings. UHS said that Hafele Design Studios are franchise-shop formats by Hafele that emulate the same retail environment and display settings that you will find in any of their company-owned showrooms. According to the company, the new studio will be home to all Hafele solutions represented in live and real-time display settings from architectural hardware and glass fittings, furniture fittings, and wardrobe solutions to digital security solutions, surfaces, lighting, appliances, and lots more. The Studio also displays Hafele’s in-house manufactured and engineered range of Kitchen fittings. During the event, Hafele and UHS Holdings' representatives highlighted the benefits of the cutting-edge technologies and superior functionality of Hafele’s product range designed to inspire architects and interior designers worldwide as well as its strong service proposition. Guests were also given a sneak peek into Hafele's latest offerings. "UHS Holdings is proud to be associated with Hafele, a brand that has a strong global presence and a reputation for excellence in interior solutions," said UHS Holdings Chairman, Nyaupane. "We are confident that our new Hafele Design Studio will provide our customers with access to smart concepts, innovative solutions, and infinite possibilities that are sure to enhance their living spaces”. UHS Holdings is known for its high-quality bathroom, ceiling, and railing furniture and other interior solutions.  

Laxmi Intercontinental, the authorized distributor of Hyundai vehicles in Nepal has launched the facelift version of Hyundai Grand i10 Nios in the market with the slogan "More. The Merrier". Issuing a press statement, the company claimed that the new Hyundai hatchback is 'set to take the automotive segment by storm' due to its new and innovative combination of cutting-edge technology, high performance, attractive design, distinctive features, and thoughtful safety features that cater to the modern driver's needs. With its new benchmark-setting features, the company anticipates that Grand i10 Nios will become another best-selling car in the Nepali market. "With its sleek, new-age style and state-of-the-art features, The hatchback will surely turn heads wherever you go. Revolutionary and distinctive touch is added to the overall appearance of the new Grand i10 Nios with its first in-segment-extended LED Tail Light with a connected light bar at the rear of the vehicle. The new Painted Black Radiator Grille and LED Daytime Running Lamps (DRLs) on the front of the new Grand i10 Nios give the vehicle a stylish and sporty edge. Similarly, its 15-inch Dual Tone Styled Steel Wheel, Projector Headlamps, Shark Fin Antenna, and Roof Rail give the hatchback an unmistakably unique identity," reads the statement. According to the company, the interior of the all-new Hyundai Grand i10 Nios boasts a modern and refreshing layout with its Dual Tone Gray interiors. The hatchback comes with new features like semi-fabric seats, tilt steering, a cooled glove box, footwell lighting, an 8'' Infotainment System and a rear USB charger. "Furthermore, the all-new Grand i10 Nios is packed with high-tech features and has set a new standard as a technology-friendly car. Its latest features include a Wireless Phone Charger, Fast USB Type C Charger, Cruise Control, Voice Recognition, Apple CarPlay, and Android Auto," said the company, adding, "The driver can obtain other information such as fuel economy, average vehicle speed, and service reminders from the Multi-Info Display (MID) feature in the digital instrument cluster of the new Grand i10 Nios." According to the statement, the safety features in the all-new Hyundai Grand i10 Nios are unmatched. The body of the hatchback is made with Advanced High-Strength Steel (AHHS), making it stronger and safer than ever before. It features Four Airbags, Tyre Pressure Monitoring System, Automatic Headlamps, Electronic Stability Control (ESC), Vehicle Stability Management (VSM), Hill-Start Assist Control (HAC), Rear Parking Camera with Display on Audio, and other special features. Additionally, the facelift model has safety features like a Speed Alert System, Burglar Alarm, Rear Defogger, Impact Sensing Auto Door Unlock, Speed Sensing Auto Door Lock, Headlamp Escort System, and Emergency Stop Signal. The company informs that the Grand i10 Nios comes with a powerful 1.2L petrol engine. With a ground clearance of 165mm, the hatchback offers the perfect combination of power and agility for that thrilling driving experience. The Grand i10 Nios is available in Era, Magna, and Sportz variants in the MT option and Magna and Sportz in the AMT Option with a starting price of Rs 29,96,000.  

The Nepal Stock Exchange (NEPSE) plunged by 26. 47 points to close at 1,969.02 points on Thursday. Similarly, the sensitive index dropped by 4. 81 points to close at 373. 56 points. A total of 3,657,154 unit shares of 256 companies were traded for Rs 1. 33 billion. Meanwhile, Buddha Bhumi Nepal Hydropower Limited was the top gainer today with its price surging by 4. 29 percent. Likewise, Global IME Laghubitta Bittiya Sanstha Limited was the top loser with its price dropped by 7. 00 percent. At the end of the day, the total market capitalization stood at Rs 2. 84 trillion.