Nepse plunges by 13. 35 points on Wednesday

The Nepal Stock Exchange (NEPSE) plunged by 13. 35 points to close at 2, 635. 94 points on Wednesday. 

Similarly, the sensitive index dropped by 2. 22 points to close at 455. 01 points.

A total of 10,633,717-unit shares of 323 companies were traded for Rs 1. 50 billion.

Meanwhile, Narayani Development Bank Limited (NABBC) was the top gainer today with its price surging by 6. 08 percent.

Likewise, SY Panel Nepal Limited (SYPNL) was the top loser as its price fell by 8. 45 percent.

At the end of the day, the total market capitalization stood at Rs 4. 42 trillion.

 

Venezuela to export $2 billion worth of oil to US in deal with Washington

Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, US. President Donald Trump said on Tuesday, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts, Reuters reported. 

The agreement is a strong sign that the Venezuelan government is responding to Trump's demand hat they open up to US. oil companies or risk more military intervention. Trump has said he wants interim President Delcy Rodriguez to give the US and private companies "total access" to Venezuela's oil industry.

Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to a blockade on exports imposed by Trump since mid-December, according to Reuters. 

Nine rhinos die in and around CNP in last six months

Nine rhinos have died in Chitwan National Park (CNP) and surrounding areas since July 17. 

These rhinos died in the park area, the adjoining community forest areas and nearby regions.

According to CNP Information Officer, Avinas Thapa Magar, five male and three female rhinos have died since Saun (July 17). 

He said that the gender of one could not be identified.

Magar further said that among the dead rhinos, one died due to an electrocution while the rest died due to natural causes. 

He said that the death of a male rhino was reported as recently as on January 6. 

According to him, the male rhino of approximately 35 years was found dead in the Kumroj buffer zone community forest.

“It is estimated that this rhino died in a fight with another one. The rhino's horn and hooves were intact,” he added.

The CNP Information Officer Magar stated that rhinos die every year due to various reasons, primarily naturally, by electric shock, fighting among themselves, or getting stuck in swamps.

According to him, there are 694 rhinos in CNP according to the latest count.

 

Chhurpi exports via Mechi Customs increases

The export of Chhurpi (hardened cheese made from yak milk) through the Mechi Customs Office in Kakarbhitta of Jhapa has increased during the first five months of the current fiscal year (2082/83 BS or 2025/26 AD).

According to Information Officer Ishwor Kumar Humagain, a total of 275,246 kilograms of Chhurpi, amounting to Rs 485. 2 million were exported during this period (from mid-July to mid-December). This represents a 32 percent increase in volume compared to the same period of the previous fiscal year.

In the corresponding period last fiscal year, exports totaled 217,068 kilograms, valued at Rs 367.6 million. The export value has therefore risen by Rs 117.6 million.

Kakarbhitta remains the main export point for domestically produced Chhurpi. Among the top 10 export items from this customs point, Chhurpi ranks fourth.

Chhurpi is produced in the hilly and mountainous districts. 

Most of the Chhurpi is exported to Europe and America, where it is given to dogs and cats.

General Secretary of Nepal Chhurpi Producers Association, Rishi Timsina, said that Koshi Province alone produces 80 percent of the Chhurpi produced in Nepal.

He stated that the government has not paid adequate attention to the production and promotion of the trade in Chhurpi, one of the main products exported from Nepal.