One held for beating senior citizen at Basantapur Durbar Square

A person has been arrested for beating a senior citizen at a public place.

A team mobilized from District Police Range, Kathmandu arrested Prakash Chhetri (44) of Thankot, Chandragiri Municipality. 

A video on Chhetri's gross mistreatment to the senior citizen at Basantapur Durbar Square had gone viral on social networking sites. 

 He is being investigated under indecent behaviour with five days' detention, police added.

 

Three firms fined for violating business code

The Department of Commerce, Supply and Consumers' Rights has fined three firms for violating business code.

The firms were found violating business code and rights of consumers during market monitoring on Tuesday.

Shankar Grocery and MDR Confectionary at Kuleshwor were fined Rs 20,000 each. 

Gupta Gudpak, a confectionary shop, at Gongabu, was fined Rs 5,000. These firms were punished as per Consumers Protection Act, 2075.

A total of 39 stores were monitored by the authority. Among those, 36 were directed for correction in business practice, thereby adhering to consumers' rights. 

The monitoring team comprised the representatives from the Department, consumers' rights defenders and local level representatives. 

The Department has been conducting market monitoring regularly. 

 

 

Both Houses of Parliament meeting today

Both houses of the federal Parliament are meeting today. 

The House of Representatives (HoR), lower house of Parliament, is scheduled to meet at 1 pm.

As per tentative schedule, Prime Minister Balendra Shah will be presenting the seventh annual report of the National Natural Resources and Fiscal Commission, 2082. 

Similarly, Finance Minister Dr Swarnim Wagle is scheduled to present the 'Alternative Development Finance Mobilization Bill, 2082'. 

The Speaker will be reading a letter received from the President's Office on hierarchy of Cabinet members.

The upper house of the Parliament, National Assembly, is scheduled to convene at 1:15pm. 

Prime Minister Balendra Shah is scheduled to present an annual report of the Commission for Investigation of Abuse of Authority for the fiscal year, 2081/82.

 

 

 

 

 

 

Needs plunges by 2. 61 points on Tuesday

The Nepal Stock Exchange (NEPSE) plunged by 2. 61 points to close at 2, 757. 40 points on Tuesday. 

Similarly, the sensitive index dropped by 0. 78 points to close at 471. 13 points.

A total of 17,406,616-unit shares of 345 companies were traded for Rs 1. 58 billion.

Meanwhile, Bhujung Hydropower Limited (BJHL), Super Khudi Hydropower Limited (SKHL) and Swet-Ganga Hydropower & Construction Limited (SGHC) were the top gainers today with their price surging by 10. 00 percent.

Likewise,  NIBL Growth Fund (NIBLGF) was the top losers as their price fell by 7. 08 percent.

At the end of the day, the total market capitalization stood at Rs 4. 68 trillion.