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The price of gold has increased by Rs 5, 800 per tola in the domestic market on Tuesday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 296, 800 per tola today. It was traded at Rs 291, 000 per tola on Tuesday. 

Similarly, the price of silver, however, has dropped by Rs 175 and is being traded at Rs 5, 055 per tola today.

Manchester United midfielder Casemiro says Michael Carrick has already shown he has all the qualities to be a great manager at the club and backed calls for the former England international to be given the role on a permanent basis, Reuters reported. 

Carrick was handed the interim role until the end of the season after the club sacked Ruben Amorim in January following a turbulent 14-month spell.

United have won 10 of their 14 matches under Carrick, including victories over Arsenal, Manchester City, Liverpool and Chelsea, to climb to third in the Premier League and seal a berth in next season's Champions League.

Arsenal reached the Champions League ​final for the second time in their history with a battling 1-0 home win over Atletico Madrid sealing ‌a 2-1 aggregate victory in the semi-final on Tuesday, Reuters reported. 

Captain Bukayo Saka’s tap-in just before ​the interval proved decisive for Arsenal to edge a cagey second-leg contest in which ⁠the hosts kept a ninth clean sheet in this season’s competition.

They will face either holders Paris St Germain, who knocked them out in last season’s semi-finals, or Bayern Munich in the Puskas Arena in Budapest on May 30 -- ‌a week after they hope to have sealed their first Premier League title for 22 years.

Iranian FA (FFIRI) chief Mehdi Taj says FIFA must guarantee that the Islamic Revolutionary Guard Corps (IRGC) is not insulted by the United States if the national team is to travel to the country to play at the World Cup in June, Reuters reported. 

“We need a guarantee there, for our trip, that they have no right to insult the symbols of our system especially the Islamic Revolutionary Guard Corps,” he said on the sidelines of a pro-government night rally in Tehran.

Aryna Sabalenka believes the top tennis players will boycott grand slam tournaments in an attempt to resolve their dispute with the four events, which they argue should provide players with a greater share of their growing revenues, The Guardian reported. 

“I think at some point we will boycott it, yeah,” said the world No 1 during her pre-tournament press conference at the Italian Open. “I feel like that’s going to be the only way to fight for our rights."

Her comments come after a group of the top 20 male and female players released a statementcriticising the prize money levels offered at the French Open, which begins this month.

Nepal is under influence of a western low-pressure system, local winds as well as a low-pressure area present in the lower atmosphere near the eastern region of the country. 

Generally cloudy weather is prevailing over Madhes, Bagmati, Gandaki, Lumbini and Karnali Provinces as well as mountainous and hilly regions of the rest of the country. 

The remaining Tarai areas are partly cloudy. 

Similarly, rainfall is taking place at one or two places in Koshi and Bagmati Provinces. 

According to the Department of Hydrology and Meteorology, generally cloudy conditions are expected in Koshi, Madhes, Bagmati, Gandaki and Lumbini Provinces as well as hilly and mountainous regions of the rest of the country. 

There is also a possibility of light to moderate rainfall accompanied by thunder and lightning at some places in Koshi, Madhes, Bagmati, Gandaki and Lumbini Provinces and few places in other provinces.

Tonight, generally cloudy weather is likely in Koshi Province as well as hilly and mountainous regions of the country. 

There is a chance of moderate rainfall along with thunder and lightning at some places in Koshi Province and few places in hilly and mountainous regions of Madhes, Bagmati and Gandaki Provinces. 

Additionally, light rainfall\ snowfall along with thunder and lightning is possible at one or two places in the hilly and mountainous regions of the remaining provinces, added the Department.

Nepal’s private companies for the first time have taken part in the SelectUSA Investment Summit. 

During the summit, Nepali companies held meeting with investors, US officials and business leaders to explore new markets, partnerships, and investment opportunities at the summit in Maryland.

On the occasion, US officials underscored the importance of strengthening bilateral ties through business and trade. 

At an event held at the embassy, Deputy Assistant Secretary Bethany P. Morrison highlighted growing momentum following recent high-level visits and underscored the UnitedStates’ interest in supporting a conducive business environment and private sector growth in Nepal.

Welcoming the delegation, Chief Deputy Ambassador Sharad Raj Aran expressed confidence in the capability and global outlook of Nepali enterprises. 

The delegation comprises five ICT companies—Biz Serve, Swift Fin, Codavatar, Green Tick, and Event Mo—presenting their expansion plans and reflecting Nepal’s growing strength in innovation and globally competitive talent.

In a major push to curtail spending and make administration hassle-free, the Bagmati Province government has decided to reduce the number of ministries. 

The Cabinet meeting held on Tuesday decided to lessen the number of ministries from 14 to eight, according to spokesperson and Minister for Economic Affairs and Planning, Prabhat Tamang.

Spokesperson Tamang informed that the curtailment decision had aimed at reducing expenses and maintaining economic discipline. 

With this, there will be only eight ministries in Bagmati Province, including the Office of the Chief Minister and the Council of Ministers.

Earlier, an Administrative Reform Review Committee led by former Secretary Bimal Wagle had recommended the province government that it curtailed the ministries to eight so that administration could be made stronger, manageable and economically viable. 

The committee suggested an overhaul in style of employees' performance. 

In committees' observation then, such a number of ministries were established to manage political space rather than organizational needs and work division.

With the recent retrenchment scheme, Bagmati Province will have the Ministry of Internal Affairs, Law and Cooperatives; the Ministry of Economic Affairs and Planning; the Ministry of Drinking Water, Energy and Irrigation; the Ministry of Industry, Tourism, Labour and Transport; the Ministry of Health and Social Development; the Ministry of Physical Infrastructure Development; and the Ministry of Agriculture, Livestock, Forest and Environment.

Even the offices running under ministries will be reduced. 

The government is all set to cut down 50 of the current 198 offices, which is expected to save Rs 5 billion, Minister Tamang said. 

He observed this decision was made to best utilize citizen taxes in capital formation and development works.

"The decision comes into effect from the coming fiscal year, beginning in the month of Shrawan. 

The present Council of Ministers will remain in the present form, while structural changes will be in place from the new fiscal year," said Spokesperson Tamang.

The Cabinet meeting also instituted a committee for the Organization and Management Survey (ONM) to adjust employees with clear terms of references to offices under the ministries. 

The Secretary at the Law Division in the Chief Minister's Office will act as coordinator of the committee.

It is tasked to study and submit proposals on ONM before the beginning of the next fiscal year.