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The Nepal Stock Exchange (NEPSE) gained 5. 17 points to close at 2,978. 88 points on Wednesday.

The sensitive index, however, dropped by 0. 15 points to close at 516. 82 points.

A total of 44,866,159-unit shares of 319 companies were traded for Rs 19. 57 billion.

Meanwhile, Trade Tower Limited (TTL) and Sanvi Energy Limited (SANVI) were the top gainers today, with their price surging by 9. 99 percent. Likewise, Bhugol Energy Development Company Limited (BEDC) was the top losers as their price fell by 5. 32 percent.

At the end of the day, total market capitalization stood at Rs 1. 69 trillion.

Embassy of Pakistan in collaboration with Sahitya Academy organized a literary event—poet symposium titled Aalmi Mushaira; Urdu, Shaairi Ki Zubaan in Kathmandu. Lawmaker of CPN-UM Siraj Ahmed Farooqi and lawmaker of CPN-Maoist Centre Kalpana Miya were the specialist guest of the program. The event was attended by Urdu enthusiasts which included politicians, intellectuals, social activists as well as officials of Pakistan Embassy. The aim of the event was to highlight literary linkages between Pakistan and Nepal and strengthen friendly relations, particularly in cultural domain.

 Famous Urdu poets, including Zafar Eleeg, Saqib Harooni, Afzal Manglori, Furqan Faizi, Musharaf Ali Khan, Zahid Azad Jhanda Nagri, Ghalib Dareeb, Altaf Farifta and Sapna Ahsaas read out their poetic narrations and won accolades.  Prakash Sayami, acclaimed Nepali film director and writer, in his remarks, highlighted the universality and versatility of Urdu language, particularly the depth of Urdu poetry.

 Abrar H. Hashmi, Ambassador of Pakistan to Nepal, thanked Sahitya Academy, Nepal as well as individual poets for their contributions in Urdu language. He also highlighted the importance of deepening cooperation between the literary institutions of Nepal and Pakistan, particularly exchanging literature and promotion of languages, such as Urdu and Nepali.

Prime Minister KP Sharma Oli's special address at the House of Representatives (HoR) scheduled for today has been postponed. 

Chief Whip of UML Parliamentary Party, Mahesh Kumar Bartaula, informed that the scheduled address of the PM was removed from Parliament business today. 

However, the session of lawmakers' questions and answers with the PM will run as it is, he added.

Deputy Attorney General Tek Prasad Ghimire resigned from his post on Wednesday.

A Cabinet meeting held on July 20 had decided to approve Ghimire's voluntary retirement.

Government spokesperson and Minister for Communications and Information Technology Prithvi Subba Gurung informed about this while making public the decisions of the Cabinet meeting held on July 20 during a press conference.

The price of gold has increased by Rs 2, 100  per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 197, 600 per tola today. It was traded at Rs 195, 500 per tola on Tuesday.

Similarly, the price of silver has increased by Rs 30 and is being traded at Rs 2, 350 per tola today.

Prime Minister KP Sharma Oli is making a special address in the meeting of the House of Representatives today.

Prime Minister Oli will make the special address at 1 pm today, CPN-UML Chief Whip Mahesh Kumar Bartaula said. 

He will address the Parliament, focusing on the government's major achievements in the past year, upcoming priorities, and contemporary issues raised by opposition parties including the main opposition party in the federal Parliament.

Meanwhile, the Parliament Secretariat has stated that the Prime Minister will also respond to questions asked by lawmakers today under the regular agenda of the p

Parliament.

Prime Minister KP Sharma Oli will be responding to questions raised by lawmakers in the meeting of the House of Representatives today.

Similarly, Speaker Devraj Ghimire is scheduled to present a proposal seeking consideration on the 'Ship (Operation and Management) Bill, 2081, which originated in the National Assembly.

Minister for Industry, Commerce and Supplies Damodar Bhandari will table a proposal seeking general discussion on the WTO Agreement on Concessions in the Fisheries Industry.

Furthermore, three parliamentary committees—the Public Accounts Committee, the Legislative Management Committee, and the Federalism Strengthening and National Concerns Committee are holding meetings today.

The PAC will discuss 'complaints related to the construction of the Jagadulla Hydropower Project' while the Legislative Management Committee will hold clause-wise discussion on the ‘Water Resources Bill, 2081’.

The Federalism Strengthening Committee will discuss the progress status of projects of national pride under the Ministry of Physical Infrastructure and Transport.

More than 1,000 Palestinians have been killed by Israeli forces since May while trying to get food in the Gaza Strip, mostly near aid sites run by an American contractor, the U.N. human rights office said Tuesday, Associated Press reported.

Meanwhile, Israeli strikes killed 25 people across Gaza, according to local health officials.

Desperation is mounting in the Palestinian territory of more than 2 million, which experts say is at risk of famine because of Israel’s blockade and nearly two-year offensive. A breakdown of law and order has led to widespread looting and contributed to chaos and violence around aid deliveries, according to Associated Press.