Trump says Iran ceasefire is on 'massive life support'
US President Donald Trump has said the month-long ceasefire between the US and Iran is on "massive life support", BBC reported.
He told reporters in the Oval Office on Monday that while the ceasefire remained in place, it was "unbelievably weak".
Iran laid out its demands to end the war and reopen the Strait of Hormuz in a counter-offer sent to the US on Sunday. Trump rejected the proposal, calling it "totally unacceptable" and a "piece of garbage".
SEE results out; nearly 66 percent students graded
The National Examinations Board (NEB) on Monday published the results of this year’s Secondary Education Examination (SEE).
The NEB published the results 29 days after the examinations.
Secretary at the Ministry of Education Chunamani Paudel shared that 65.98 percent of the examinees secured grades.
A total of 430,667 students had appeared in the examinations this year.
Paudel said that 284,160 students were graded and 146,507 others were non-graded in the examinations
As per the results announced by the NEB, 48,392 students received 3.6 to 4 GPA, while 80,372 students got 3.2 to 3.6 GPA.
Likewise, 94,222 students obtained 2.8 to 3.2 GPA in the SEE results.
SC orders not to implement decision to dismiss student organizations
The Supreme Court (SC) on Monday issued an interlocutory order not to immediately implement the decision to dismiss the student organizations at the universities.
A single bench of Justice Shreekanta Paudel issued this order.
The SC has called both sides for discussions on this matter on May 18.
The SC has asked to submit a written response as well as a copy of the writ petition through the Office of the Attorney General within 15 days of receiving the notice by excluding travel time.
Leaders of the student organizations including the Chairperson of the All Nepal National Free Students' Union, Deepak Dhami, had filed the writ petition against the decision to dismantle the student organizations, making the Office of the Prime Minister and Council of Ministers a defendant.
Govt pledges refunds for cooperative victims thru loan recovery scheme
The government has announced that loans disbursed by problematic cooperatives will be recovered and the collected funds will be paid back to depositors in the upcoming fiscal year 2083/84 BS.
The plan has been incorporated in the government's annual policies and programs for the upcoming fiscal year presented by President Ram Chandra Paudel at the joint meeting of the Federal Parliament today.
Unveiling the policies and programs, President Paudel stated that the government would address long-standing problems faced by victims of fraudulent and troubled cooperatives who have not yet received their deposits back.
Under this policy, the government will establish an Integrated Depositors Protection Fund aimed at returning savings to members of the crisis-hit cooperatives.
The government plans to recover outstanding cooperative loans and mobilize the collected amount into the fund to compensate depositors duped by fraudulent cooperatives.
A revolving fund has already been set up to facilitate the return of savings from problematic cooperatives.
It has also allocated Rs 250 million as seed capital for the current fiscal year, as mentioned in the policies and programmes document.
The newly released policies and programs document also outlined the government's plans to further strengthen the National Cooperatives Regulatory Authority for effective regulation and management of the cooperative institutions.
Furthermore, the government has pledged to fully comply with international anti-money laundering standards by implementing a risk-based regulatory, supervision and prosecution system.
Eight ordinances tabled in the NA
Eight different ordinances have been presented in today's meeting of the National Assembly's (NA) which had earlier been brought by the incumbent government.
Minister for Law, Justice and Parliamentary Affairs Sobita Gautam, on the behalf of Prime Minister Balendra Shah, tabled the Public Procurement (Second Amendment) Ordinance-2083, the Ordinance on Special Provisions Relating to the Removal of Public Officials-2083 and the Constitutional Council (Functions, Duties, Powers and Procedures) (First Amendment-2083).
The meeting of the Upper House also witnessed the introduction of the Ordinance to Amend Certain Nepal Acts, 2083 by Minister Gautam.
Likewise, Minister for Finance, Dr Swarnim Wagle, presented the Prevention of Money Laundering (Third Amendment)-2083 in the Assembly's meeting.
Similarly, Minister for Land Management, Cooperatives and Poverty Alleviation Pratibha Rawal submitted the Cooperative (First Amendment) Ordinance-2083.
Additionally, Minister for Health and Population Nisha Mehata presented the Ordinance Enacted to Amend Some Nepal Acts Related to Health Science Academies- 2083.
During the meeting, Minister for Education, Science and Technology Sasmit Pokharel tabled the Ordinance Enacted to Amend Some Nepal Acts relating to Universities-2083.
The next meeting of the NA is scheduled for this afternoon itself at 5:15 pm.
President Paudel unveils government’s policies and programs
The government's policies and programs for the upcoming fiscal year have been made public.
President Ram Chandra Paudel on Monday made the government's policies and programs public while addressing a joint meeting of both houses of the federal Parliament.
Prior to the address, Prime Minister Balendra Shah presented a copy of the address to President Paudel.
A Cabinet meeting held this morning had endorsed the government’s policies and programs.
Two days have been allocated for discussions on the policies and programs.
The concerned minister will respond after the discussion is over.
After the completion of discussion on the policies and programs, the budget will be presented in Parliament on May 29, as per the constitutional provisions.
Opposition lawmakers draw government's attention on various issues
Lawmakers from the opposition parties have drawn the government's attention to the management of landless squatters' settlements and other relevant issues, including ordinances in the House of Representatives meeting on Monday.
During the meeting, they voiced their concerns regarding the ordinance, which was introduced while Parliament was suspended, thus violating established practices and traditions based on the recommendation of the future chief justice.
Nishkal Rai from the Nepali Congress expressed his dissent against the government's decision to evict the landless residents from their settlement without providing alternative arrangements, while also sharing his differing views on the drafting of the new rules for the House of Representatives.
Padma Kumari Aryal of the CPN-UML called for the respect of parliamentary dignity and the rule of law, urging the withdrawal of the ordinances.
Yuvraj Dulal from the Nepal Communist Party (NCP) remarked that the removal of the landless settlement with only 24 hours' notice is a disregard for human dignity.
Harkaraj Rai, the Chairman of the Shram Sanskriti Party, criticized the government for its silence when India established a checkpoint in Lipulekh and extended the route to Mansarovar.
Rastriya Prajatantra Party HoR member Khusbu Oli argued that the government failed to be sensitive to handle the landless squatters' issues.
Nepse surges by 38. 10 points on Monday
The Nepal Stock Exchange (NEPSE) surged by 38. 10 points to close at 2, 783. 85 points on Monday.
Similarly, the sensitive index dropped by 6. 08 points to close at 473. 41 points.
A total of 10,439,432-unit shares of 332 companies were traded for Rs 1. 58 billion.
Meanwhile, First Micro Finance Laghubitta Bittiya Sanstha Limited (FMDBL) was the top gainer today with its price surging by 14. 19 percent.
Similarly, Trishuli Jal Vidhyut Company Limited (TVCL) was the top loser as its price fell by 2. 87 points.
At the end of the day, the total market capitalization stood at Rs 4. 74 trillion.







