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The Nepal Stock Exchange (NEPSE) surged by 7. 73 points to close at 2, 796. 43 points on Monday. 

Similarly, the sensitive index dropped by 1. 64 points to close at 469. 72 points.

A total of 10,928,617-unit shares of 351 companies were traded for Rs 1. 58 billion.

Meanwhile, Corporate Development Bank Limited (CORBL), Palpa Cement Industries Limited (PCIL) and Shikhar power Development Limited (SIPD) were the top gainers today with its price surging by 15. 00 percent.

Similarly, Nifra Green Energy Debenture 6% - 2088/89 (NIFRAGED) was the top loser as its price fell by 14. 01 points. 

At the end of the day, the total market capitalization stood at Rs 4. 76 trillion.

Narayan Dutta Paudel has been appointed as the Inspector General of the Armed Police Force. 

A Cabinet meeting held on Monday decided to appoint Paudel as the Inspector General of the Armed Police Force. 

The Nepali Congress (NC) has decided to nominate Bhishmaraj Angdembe as the party’s Parliamentary Party leader.

A meeting of the NC Work Execution Committee held at the party’s central office in Sanepa, Lalitpur, unanimously decided to nominate Angdembe for the post, endorsing a proposal presented by party President Gagan Kumar Thapa, according to the party’s General Secretary Gururaj Ghimire.

Angdembe represents the party in the House of Representatives as a member elected under the proportional representation (PR) system.

A meeting of the party’s Parliamentary Party scheduled for today is expected to formally endorse the nomination.

Earlier, a three-member committee coordinated by party Vice President Bishwa Prakash Sharma was formed after three candidates staked their claims for the parliamentary leadership. 

Angdembe’s name was recommended following deliberations by the committee, which also included the party’s two general secretaries.

The NC is set to elect its Parliamentary Party leader unanimously for the first time since 2064 BS.

Chinese ambassador to Nepal Zhang Maoming called on Minister for Education, Science and Technology, Sasmit Pokharel on Monday. 

In the meeting held at the Minister's office in Singha Durbar, the two exchanged views on Chinese support and cooperation to Nepal's various areas including education, science and technology and sports. 

The discussions focused on school infrastructure development, institutionalization of digital systems in teaching and learning, and other contemporary issues.

They also covered Nepal–China historical relations, as well as areas of mutual cooperation and collaboration, according to the Minister's private secretariat. 

Minister Pokhrel, who also serves as the Government Spokesperson, expressed the government’s interest in further strengthening school infrastructure, advancing digitalization in education, and enhancing partnerships and collaboration with China. 

He also highlighted the urgency of completing Chinese-funded projects in Nepal’s education sector and expanding scholarship opportunities for Nepali students in China based on their interests.

In response, the Chinese Ambassador expressed China’s willingness to cooperate and collaborate with Nepal on these matters. 

Both sides agreed to move forward by further deepening mutual interests and strengthening multidimensional relations, it has been learnt. .