Nepse plunges by 10. 29 points on Sunday

The Nepal Stock Exchange (NEPSE) plunged by 10. 29 points to close at 2, 610. 63 points on Sunday. 

Similarly, the sensitive index dropped by 3. 22 points to close at 451. 07 points.

A total of 10,274,126-unit shares of 323 companies were traded for Rs 1. 48 billion.

Meanwhile, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) and Shreenagar Agritech Industries Limited (SAIL) were the top gainers today with their price surging by 10. 00 percent.

Likewise, Nyadi Hydropower Limited (NYADI) was the top loser as its price fell by 4. 32 percent.

At the end of the day, the total market capitalization stood at Rs 4. 38 trillion.

RSP Secretariat meeting begins

The Secretariat meeting of the Rastriya Swatantra Party has begun at the party’s central office in Banasthali on Sunday. 

The meeting will dwelt on issues related to the party adjustment and election process, party spokesperson Manish Jha said. 

This is the first Secretariat meeting after party President Rabi Lamichhane returned to his post.

Former Home Minister Lamichhane was released on bail on December 19 in connection with the Supreme Cooperative fraud and organized crime case.

Cold wave disrupts life in Sunsari, Morang

Normal life has been affected due to cold wave and fog in Sunsari and Morang. 

Traffic police have urged people to be careful, saying that the risk of accidents has increased due to the cold wave and thick fog.

Koshi Province Traffic Police Office, Itahari, Chief SP Deepak Giri has urged people to drive cautiously by turning on their headlights as it will be difficult to see the road due to the cold wave and thick fog.

Normal life has also been affected in Itahari, Tharara, Inaruwa, Duhabi, Jhumka, Khanar and other places in Sunsari.

Flights scheduled for Sunday have also been affected after Biratnagar Airport was covered in thick fog.

Ratuwamai, Sundarharaincha, Budhiganga and Rangeli areas in Morang are at risk of cold wave.

Firewood has been distributed to the poor settlements in Ratuwamai Municipality-7 of Morang after the extreme cold.

At the initiative of the ward office, firewood has been distributed to various settlements, squares and market areas within the ward with the support of the Pathari Shanishchare Partnership Forest Group.

Ward Chairperson Ram Bahadur Karki informed that firewood was distributed with the aim of keeping the poor, senior citizens and children warm.

He said that arrangements have been made to light fires collectively in 15 public places within the ward to warm themselves and avoid the cold.

Oli, Dahal hold talks at Sharada Prasad Adhikari’s residence in Manbhawan

CPN-UML Chairman KP Sharma Oli and Nepali Communist Party Coordinator Pushpa Kamal Dahal held a meeting at the residence of businessman Sharada Prasad Adhikari in Manbhawan, Lalitpur on Sunday. 

Adhikari is a trusted and close businessman of Dahal.

They had a conversation for over an hour, according to a source. 

After holding a meeting with Dahal, Oli went straight to Gundu, Bhaktapur. 

With the unification of new parties for the House of Representatives elections scheduled for March 5, informal discussions are underway among the leaders of the three major political parties—Nepali Congress, UML and the Nepali Communist Party—for electoral alliance.

However, the alliance has not been finalized.

They discussed contemporary political issues and electoral alliance for the forthcoming elections, Dahal Secretariat said.

Meanwhile, Dahal is leaving for India to take part in a program today.