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The Nepal Stock Exchange (NEPSE) gained 101.07 points to close at 2,667.97 points on Sunday.

Similarly, the sensitive index plunged by 16.37 points to close at 509.90 points.

Meanwhile, a total of 9,022,890 unit shares of 228 companies were traded for Rs 4. 87 billion.

In today’s market, all sub-indices saw green. Life Insurance topped the chart with 922.16 points.

Meanwhile, Asian Life Insurance Co. Limited was the top gainer today, with its price surging by 10. 00 percent. Mega Mutal Fund was the top loser as its price fell by 2.93 percent.

At the end of the day, total market capitalisation stood at Rs 3. 78 trillion.

The impeachment motion filed against suspended Chief Justice Choldendra Shumsher JB Rana has been tabled in Parliament on Sunday.

CPN (Maoist Centre) Chief Whip Dev Gurung tabled the motion in the Parliament this afternoon.

Saying that the last place to resolve the deadlock from the court was the Parliament, he was of the opinion that Chief Justice Rana did not abide by the jurisdiction of the Constitution.

“Chief Justice was appointed as per the Constitution. The court has been obstructed. The court could not deliver justice,” he said.

Maoist Centre Chief Justice Rana, Nepali Congress Whip Pushpa Bhusal and CPN (Unified Socialist) Chief Whip Jeeven Ram Shrestha had filed an impeachment motion against Chief Justice Rana on February 13.

Chief Justice Rana has been accused of failing to perform his judicial duties.

As many as 98 lawmakers from the ruling coalition registered a motion of impeachment against Chief Justice Rana at the Parliament Secretariat on February 13.

Border expert Buddhi Narayan Shrestha's book 'International Boundaries of Nepal' has been translated and published in eight languages.

The english script book was published by Lambert Academic Publishing, Latvia, Europe in 2019. Now the book is translated into eight languages (Russian, French, German, Dutch, Italian, Spanish, Portuguese and Polish) and published recently. Foreword of the book is written by Professor Martin Pratt, Former Director of International Boundaries Research Unit (IBRU), University of Durham, UK.

Various items such as international boundary principles, stages of boundary making, reasons of boundary aggression, border disputed countries of the world, ways and means to resolve the issues, countries of the world who fought on the border issues, border diplomacy and other theoretical deliberations have been elaborated in the book.

This book could be read online and it has internationalized the Lipulek-Kalapani-Limpiyadhura border encroachment. According to the book, dialogue is the first and foremost way and means to resolve the Kalapani issue with India.

The book also discussed the Sagarmatha issue that was negotiated with China and its new height was announced jointly. Practical issues such as debate on the border marker # 57 with China, BRI of China and corridor of Nepal have also been elaborated.

Activities of the International Boundaries Research Unit (IBRU) UK, Association for Borderland Studies of America, Borderland Research Networks of Africa & Asia, and Denmark based International Federation of Surveyors (FIG) have been described.

International border diplomacy, America-North Korea two-minute diplomacy, Trump ignored Nepal border on the world map, unquiet border between India and Pakistan, message of the Bangladesh-India border agreement has also been described.

With all these items, the book is useful for the border researchers and to prescribe as the basic course book on the boundaries for the college and universities. Due to the weight of the book, the European edition has been published in eight languages. This book was published a month ago by Nirala Series, New Delhi, as the South Asian edition.

CPN (Maoist Centre) Chairman Pushpa Kamal Dahal said that the Millennium Challenge Corporation (MCC) will be discussed within the party after the local level elections.

Speaking to journalists in Biratnagar on Sunday, Chairman Dahal said that he would tender his resignation if the MCC failed from the party.

“Party leaders have differing views on the MCC,” he said, adding, “We have decided to have the same opinion till the elections and hold discussions meticulously after the elections.”

“The MCC will be discussed after the local level elections. I will resign if the MCC fails in the discussions,” Dahal said.

He said that the $500 million grant compact was endorsed along with the interpretative declaration from the sovereign House of Representatives as a part of the agreement.

“Discussions have been going on about the MCC for a long time. It was ratified along with the interpretative declaration from the sovereign House of Representatives as a part of the agreement,” he said, adding, “We believe that the interpretative declaration will be implemented with due respect.”

Minister for Foreign Affairs Narayan Khadka, who is currently in Turkey in the course of the participation in the Antalya Diplomacy Forum and Minister of Economy from the United Arab Emirates (UAE) Abdulla bin touq Al Marri held a meeting. 

During the meeting, they discussed issues relating to bilateral relations, mutual assistance and opportunities for trade and investment between the two countries. 

Foreign Minister Khadka urged the UAE Minister to help ease the export of Nepali products and utilize the investment opportunities in Nepal.

The Foreign Ministry shared the information that augmentation of financial assistance, people-to-people level contact, and tourism promotion also featured during the discussion. 

Minister Khadka thanked the UAE for protecting the rights of Nepali workers there. UAE is one of the major labour destinations for Nepali workers.

The Foreign Minister also presented Nepal’s views on two separate sessions- one on ‘democratic governance and security’ and another on ‘New Asia for sustainable regional development’ in the Antalya Diplomacy Forum.

The Forum has been attended by foreign ministers, policymakers and experts from over 50 countries. RSS

At least 22 people, including 10 police personnel and two journalists, were injured on Saturday when suspended BJD MLA Prasant Jagdev's vehicle allegedly ploughed through a crowd at Banapur in Khurda district, about 100 km from here, police said, NDTV reported.

Jagdev, the MLA from Chilika, was also critically injured as he was roughed up by a mob after the vehicle mowed down a section of the crowd which had gathered outside the Banapur BDO's office when the election for the block chairperson was underway, the police said.

A case has been registered against him at Banapur town police station under different sections of IPC including those dealing with attempt to murder, obstructing officers from discharging their duties and causing grievous injury to people, central range inspector general Narasingha Bhol, who rushed to the accident site said.

Jagdev is now in police custody and will be arrested after his discharge from hospital, he said. The MLA was first treated at a local hospital and later transferred to AIIMS, Bhubaneswar, Khurda district superintendent of police Alekh Chandra Pahi said, according to NDTV.

Two persons, the Banapur police station inspector-in-charge RR Sahu and a local woman were seriously injured in the incident and they too were rushed to AIIMS, Bhubaneswar, for treatment, officials said. The journalists who were injured were present at the spot.

The IG said that a DSP rank officer will probe the alleged reckless driving by the MLA.

"When the Banapur police station inspector in-charge attempted to stop the MLA, he was also hit by the lawmaker's vehicle," Bhol said.

Saturday's incident was not the first involving the MLA. He was suspended from the ruling party last year for attacking a dalit leader of the opposition BJP. He was also accused of assaulting BJP workers at Manmunda in 2016, attacking Bolgarh tehsildar in 2018 and a staff of Chilika Development Authority in 2020, NDTV reported.

Though he was suspended from BJD in September 2021, Mr Jagdev was often seen in the party's state headquarters during different programmes, the BJP alleged.

The BJD washed its hands off the Chilika MLA and dubbed his action as "gruesome." Party spokesperson Sasmit Patra said, "The Biju Janata Dal strongly condemns this barbaric act by Chilika MLA Prashant Jagdev at Banpur today. Violence has no place in democracy and such an act is shocking and unfortunate."

BJD, he said, would like the police and administration to take the "strongest action" against the accused as per law, according to NDTV.

Police on Saturday arrested two persons in possession of six grams of brown sugar from Arjundhara and Mechinagar Municipalities of Jhapa district.

The arrestees have been identified as Kumar Rajbanshi (45) of Mechinagar-12 and Res Bahadur Sarki (36) of Bhangbari in Arjundhara-4, according to the District Police Office, Jhapa.

A police team deployed from Area Police Office, Kankarvitta and Drug Control Bureau arrested Rajbanshi on Saturday along with four grams of brown sugar from near Mechi Bridge and Sarki was arrested by the Khudunabari Temporary Police Post on the same day along with two grams of brown sugar. 

Meanwhile, in Jaleswar, police have arrested a man with 5.5 kg of marijuana in Gaushala Municipality of Mahottari District. 

Police identified the arrestee as Harendra Sah (35) of Gaushala-5, said Prakash Bista, Deputy Superintendent of Police, District Police Office, Mahottari. RSS 

The Nepali Congress (NC) is launching a month-long election campaign from Sunday to prepare for the upcoming local elections on May 13.

The campaign aims to create an environment conducive for the election by appealing to the voters to exercise their democratic rights by participating in the local level elections. The aim of the campaign is to increase the harmony, unity and energy within the party up to the ward and tole level to win the local elections, said NC spokesperson Prakash Sharan Mahat.

Similarly, the party office has stated that the party cadres and leaders will be oriented towards greater mobilization in the local elections by sharing various responsibilities provided in the party's statute. The objective of the campaign is to publicize the political and economic achievements of the past under the leadership of the Congress, the fact that they were forced to join the government for the defense of the constitution in spite of their responsibility to be in the opposition.

During the campaign, the success of the current government, led by party President and Prime Minister Sher Bahadur Deuba, in getting the US-backed Millennium Challenge Corporation (MCC) passed by consensus in parliament will be highlighted. For this, the NC has deployed central representatives of the party in all the districts two days before the start of the campaign. The party's seven provincial working committees will play a leading role in their respective provinces to make this election campaigning effective.

Mahat also said that the provincial committees have been assigned to formulate necessary action plan for the success of the campaign, allocate necessary responsibilities for the implementation of the entire program, play a motivating role and coordinate the necessary programs to make the campaign program systematic, formulate additional programs as required in the campaign without affecting the main program. The campaign will be inaugurated in all the districts on the same day, at the same time at 1:00 pm today. RSS