NOC increases price of petroleum products
The Nepal Oil Corporation (NOC) has increased the price of petroleum products.
According to NOC, the price of petrol, kerosene and diesel has been increased by Rs 15 per liter effective from midnight.
Earlier, the price of petroleum products was adjusted on March 15.
With the latest increase, the price of petrol under the first category has reached Rs 184.50 per liter, Rs 186 under the second category and Rs 187 under the third category.
Similarly, under the first category, diesel and kerosene oil would be traded at Rs 164.50 per liter, Rs 166 per liter under second category and Rs 167 per liter under third category.
The first category includes Charali, Biratnagar, Janakpur, Amalekhgunj, Bhalbari, Nepalgunj and Birgunj.
Similarly, Surkhet and Dang are in the second category while Kathmandu, Pokhara and Dipayal are in third category.
The NOC clarified that it had to increase the price of petroleum products in the domestic market following the increase in the price of petroleum products in the international market.
Pentagon says it will ramp up war supplies with defense companies
The Pentagon said on Wednesday it had reached ‌framework agreements with BAE (BAES.L), opens new tab, Lockheed (LMT.N), opens new tab and Honeywell(HON.O), opens new tab to boost production of defense systems and munitions as part of its shift to "wartime footing."
Under the deals, Honeywell Aerospace will "surge production of critical components for America's munitions stockpile," as part of a $500 million multi-year investment, the Pentagon said, Reuters reported.
BAE Systems and Lockheed Martin will also quadruple ‌production of seekers for the Terminal High Altitude Area Defense (THAAD) interceptor, while a new framework agreement with Lockheed will accelerate production of its Precision Strike Missile, the Pentagon added.
Pakistan has conveyed US proposal; Turkey or Pakistan could host talks, senior Iranian official says
Pakistan has delivered a proposal from the United States to Iran, and either Pakistan or Turkey could be venues for discussions to de-escalate the war in the Gulf, a senior Iranian official told Reuters on Wednesday, Reuters reported.
The comments, on condition of anonymity, were among rare signs that Tehran might consider diplomatic proposals, despite insisting in public that no talks were under way and it would make no deal with the administration of President Donald Trump.
The Iranian source did not disclose details of the proposal passed on by Pakistan, or whether it was the same as a 15-point U.S. framework previously reported by news outlets including Reuters. The source said Turkey had also "helped to end the war and either Turkey or Pakistan was under consideration as the venue for such talks".
Nepal: Probe panel recommends action against top officials over September violence
The cabinet led by Sushila Karki appears hesitant to release the report submitted by the inquiry panel headed by Gauri Bahadur Karki, which was formed to investigate the violent protests of September 8–9. However, portions of the report have been leaked by several media outlets, including Janaastha Weekly.
According to the leaked conclusion cited by Janaastha, security agencies that were relatively active on September 8 became ineffective the following day, a lapse believed to have significantly increased the scale of damage.
The commission has raised serious concerns about the role of the Nepal Army, stating that despite having clear intelligence about the sensitivity and escalation of the situation, it was not effectively deployed when requested by the district administration. The report also recommends action against senior army officials responsible for safeguarding vital installations.
Responding to the findings, Army Chief Ashok Raj Sigdel said security agencies had anticipated that the protests could intensify. However, due to the absence of a formal meeting of the National Security Council, no concrete strategic decisions could be made in time.
The commission found that highly flammable materials were used in coordinated attacks on key state institutions, including Singha Durbar, the Federal Parliament building, the Supreme Court, and the Presidential Palace. Attackers deliberately targeted locations housing critical documents.
Field investigations revealed a consistent pattern in the attacks: CCTV systems were destroyed first, followed by the disabling of water tanks, destruction of data centers, and attacks on computer rooms. Documents were then burned, valuables looted, and finally, buildings were set ablaze using gas cylinders.
In several high-profile locations, including Singha Durbar and the Supreme Court, attackers used chemicals and petrol bombs (Molotov cocktails), indicating a planned and systematic approach.
The report also reveals that President Ram Chandra Paudel was evacuated from Shital Niwas by the Nepal Army shortly after accepting the resignation of then Prime Minister KP Sharma Oli.
Furthermore, the commission has recommended up to 10 years of punishment against KP Sharma Oli, Home Minister Ramesh Lekhak, and Police Chief Chandrakuber Khapung, accusing them of negligence that led to the deaths of adolescents during the unrest.
The panel has also called for further investigation into the arson and looting of historical heritage sites, as well as government, private, and commercial properties on September 9, citing insufficient evidence to reach definitive conclusions.
Election is the backbone of democracy: President Paudel
President Ram Chandra Paudel has said that the mandate expressed by the people through the March 5 election to the House of Representatives had placed a great responsibility on the shoulders of elected representatives.
Speaking at a reception organized by the Election Commission at Bahadur Bhawan today, President Paudel emphasized the need for unity in advancing freedom, social justice, good-governance and national prosperity.
Paudel viewed that the public mandate had obliged elected representatives to work in unison towards the shared vision of nation-building. "In a democracy, opinions may differ but I believe that all Nepalis will share a common goal of nation-building," he expressed.
On the occasion, the Head of the State appealed to everyone to join efforts in uplifting people's living standards and achieving prosperity as envisioned by the Federal Democratic Republic.
He noted that the enthusiastic participation of the Nepali citizens in exercising their democratic right to elect their representatives had reaffirmed their unwavering faith in the democratic system. "The mandate expressed by voters by reaching polling centers has helped shape the country's future," he remarked.
The Head of the State acknowledged the Commission's notable efforts in increasing voter turnout, ensuring transparency and frugality, effectively enforcing code of conduct and promoting the concept of green election.
According to him, such steps had contributed in making elections less expensive, fair, impartial and environmentally friendly.
President Paudel remarked, "It occurs to me that the successful conduct of the election has succeeded in earning appreciation and accolades from the international community."
Terming the election as the 'backbone of democracy', the President used the occasion to express his gratitude to the government, the Election Commission, civil employees, and security personnel for their pivotal role in conducting the election peacefully.
Furthermore, he recognized the crucial roles of all stakeholders and citizens in making the election successful despite the challenging times.
Medical team deployed to Himalayan region for spring mountaineering season
A specialized medical team has been deployed to the Himalayan region to provide health check-ups and treatment for climbers and trekkers arriving during the spring mountaineering season.
The Himalayan Rescue Association Nepal (HRAN) has mobilized an 11-member team, including foreign and Nepali doctors, to major high-altitude areas such as Everest Base Camp and Pheriche in Solukhumbu district as well as Manang district.
The initiative aims to provide medical services and support to both domestic and international mountaineers and trekkers in high-altitude areas.
Established in 1973, the Association has been working to provide medical services to tourists undertaking mountain expeditions and trekking, particularly during the busy spring and autumn climbing seasons.
With the onset of this year’s spring season, the Association has dispatched a team comprising five foreign and two Nepali doctors along with support staff.
In the Everest Base Camp, Australian doctor Samantha Allison Wills, Nepali doctor Prince Singh and support staff member Lakpa Norbu Sherpa have been deployed.
At the Pheriche health post, Australian doctor Rebecca Allen Carpenter, American doctor Caitlin Brooke Harper, Nepali doctor Aakriti Singh and support staff Ang Dawa Sherpa and Thaneshwar Bhandari have been assigned.
Likewise, at the Manang health post, American doctor Joseph Peter Mahoney, Australian doctor Ken J. Koh and support staff member Prakash Khatri have been mobilized, said the Association.
According to Association President, Damber Parajuli, temporary health posts have been set up at the Everest Base Camp, Pheriche and Manang village to offer immediate medical attention to trekkers and mountaineers.
The Association has been setting up a health camp at the Everest Base Camp since 2003 serving climbers, trekkers and support staff while similar services have been available in Pheriche since 1973.
The Association has been operating such camps in Manang since 1980 and in Gosaikunda since 1997, it has been shared.
Nepse plunges by 24. 45 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 24. 45 points to close at 2, 935. 94 points on Wednesday.
Similarly, the sensitive index dropped by 6. 54 points to close at 500. 46 points.
A total of 35,819,829-unit shares of 345 companies were traded for Rs 1. 68 billion.
Meanwhile, Reliance Spinning Mills Limited (RSML) and Super Khudi Hydropower Limited (SKHL) were the top gainers today with their price surging by 10. 00 percent.
Likewise, Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) was the top loser as their price fell by 7. 74 percent.
At the end of the day, the total market capitalization stood at Rs 4. 98 trillion.
13-year-old boy drowns in Pyuthan pond
A 13-year-old boy drowned in a pond in Pyuthan.
The deceased has been identified as Jenish KC.
According to a source, he had gone to the pond with two friends to swim.
KC was a seventh grader at the Public English Boarding School in Kwadi.







