On the second trading day of the week, the NEPSE index fell by 1.47 points in the pre-open session, settling at 2,629.66. During this session, shares worth NPR 837,758 were traded. A total of 1,630 shares from 36 companies changed hands. Of the companies traded, 12 saw their share prices increase, 22 experienced a decline, and 2 remained unchanged.
Gopal Kirati, chairman of the Patriotic Socialist Front, has unified with the CPN (Maoist Centre). On Monday, a unity agreement was signed between Maoist coordinator Pushpa Kamal Dahal “Prachanda” and Kirati. According to the agreement, the unification aims to steer the unprecedented risks in Nepali politics toward the right direction. Under the policy from the People’s War period to “turn every adversity into advantage,” the pact states that unity and polarization among revolutionary forces is a primary duty. The main objectives of the union are to defend the federal democratic republic won through a decade-long armed struggle, to promote development…
Eight communist parties, including CPN (Maoist Centre) and CPN (Unified Socialist), have agreed to unite. With this decision, the CPN (Maoist Centre)—which waged a 12-year armed insurgency—has abandoned the core principle of Maoism after 32 years since its establishment. Founded in 1993 (2050 BS), the Maoist party began its armed struggle in 1995 (2052 BS). Along with abandoning Maoist ideology, the party has also discarded its circular election symbol featuring a hammer and sickle. While the unified party has yet to finalize a name, it has agreed on a five-pointed star as its election symbol. According to the agreement, the…
Urban Development Minister Kulman Ghising, along with Mayor Balen Shah, is set to register a new political party. According to sources, Ghising will serve as the party president, and the registration process with the Election Commission is underway. Sumana Shrestha and Sudhan Gurung, who left Rastriya Swatantra Party (RSP), will also join the new party. Ghising is being positioned as a prospective prime minister for the upcoming elections scheduled on Falgun 21. The party will operate under a presidential system with a 151-member central committee. Mayor Balen Shah will not contest the parliamentary elections and will continue in his role…
Traffic movement in both directions has resumed on the Prithvi Highway after it was blocked due to a dry landslide. According to the Chitwan District Police Office, the landslide occurred at Chumkhola in Ichchhakamana-3 around 9 PM on Sunday, blocking the highway in both directions. The road was cleared and reopened for two-way traffic late last night after the Road Department’s equipment removed the debris, informed Police Inspector Rabindra Khanal, the office’s information officer.
Prime Minister Sushila Karki has begun a meeting with the Chief Ministers of all seven provinces at her official residence in Baluwatar. The meeting is being attended by Koshi Province Chief Minister Hikmat Bahadur Karki, Madhesh Province Chief Minister Jitendra Prasad Sonar, Bagmati Province Chief Minister Indra Bahadur Baniya, Gandaki Province Chief Minister Surendra Raj Pandey, Lumbini Province Chief Minister Chet Narayan Acharya, Karnali Province Chief Minister Yam Lal Kandel, and Sudurpaschim Province Chief Minister Kamal Bahadur Shah. According to the Prime Minister’s Press Coordinator Ram Bahadur Rawal, the meeting was called to enhance dialogue and cooperation between the federal…
A man has been arrested on charges of defrauding an individual by promising overseas employment in the United Kingdom. The accused has been identified as Rahul Punj (31), a resident of Janaknandini Rural Municipality-3, Dhanusha, currently living in Madhyapur Thimi Municipality-1, Bhaktapur. According to police, Punj was arrested on Saturday from Kathmandu Metropolitan City-11 following a complaint filed by a victim who alleged that he had been defrauded of Rs 4.2 million. Spokesperson Superintendent of Police (SP) Kaji Kumar Acharya at the Valley Crime Investigation Office said the victim approached the police after Punj went into hiding with the money.…
Prime Minister Puspa Kamal Dahal Karki, who also oversees the Ministry of Tourism, has directed the Nepal Airlines Corporation (NAC) to immediately dismiss all contract employees recruited through political and personal influence. In a meeting held at Singha Durbar today with NAC board members and senior management officials, PM Karki expressed strong dissatisfaction over the recent appointments made by NAC Chairperson Yubaraj Adhikari. She criticized Adhikari for appointing 45 individuals—relatives and party loyalists—without competition, even as his tenure was nearing completion. Citing the Prime Minister’s statement, the PM’s Secretariat said: “While the Gen Z movement has been shedding blood against…
Chief Justice Prakashman Singh Raut has departed for Bangladesh, leading a delegation from Nepal’s Supreme Court at the invitation of Bangladesh’s Chief Justice Dr. Syed Refaat Ahmed. The Nepali delegation includes Supreme Court Justices Sapana Pradhan Malla, Binod Sharma, and Chief Registrar Bimal Poudel. During Chief Justice Raut’s absence, Justice Kumar Regmi has taken charge as the acting Chief Justice since Saturday. Justice Regmi himself is scheduled to travel to China to attend a judicial program, after which Justice Hari Phuyal will assume the role of acting Chief Justice from Monday. The Nepali delegation will remain in Dhaka, Bangladesh, until…
Youth activists have locked the main gate of the Nepali Congress Central Office in Sanepa on Sunday afternoon, demanding that the party announce the date for its regular general convention. The protesters also called for greater youth representation in the upcoming convention, criticizing the party leadership for indecision and delays. They demanded that the party ensure 40% representation of members under 40 years of age in the Nepali Congress and all levels of elections. The youths also warned the party leadership not to ignore their voices, saying that the Congress should make timely and inclusive decisions to reflect the aspirations…