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The Nepal Stock Exchange (NEPSE) plunged by 25. 41 points to close at 2,609. 67 points on Sunday.

Similarly, the sensitive index dropped by 4. 55 points to close at 443. 99 points.

A total of 8,021,631-unit shares of 301 companies were traded for Rs 3. 99 billion.

Meanwhile, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) was the ​​​​​​top gainer today with its price surging by 10. 00 percent. Likewise, Nyadi Hydropower Limited (NYADI)was the top loser as its price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 32 trillion.

The price of gold has increased by Rs 1, 600 per tola in the domestic market on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 155, 700 per tola today. It was traded at Rs 154, 100 per tola on Friday.

Similarly, the silver is being traded at Rs 1, 860 per tola today.

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said the climate change and sustainability of trade are common global agenda, so they warrant collective action and address.

Inaugurating the 3rd annual conference on 'Climate Change and Sustainability of Trade in South Asia' organized jointly by the World Trade Organization and the Kathmandu University in the federal capital on Saturday, DPM Paudel reminded that Nepal is on the forefront of climate change vulnerability, resulting into adverse impacts on socio-economy and infrastructures.

Decentralization of production centres and diversification of supply chain could help reduce risk in trade infrastructures, according to him.

The DPM hoped the conference would be fruitful to whet the pressing issues of climate change in south Asia and build common perspectives among policy makers, researchers and private sector representatives so that they would take proper strategies for future.

Efforts made by Nepal despite its negligible role in climate change need to be made visible. The climate actions like mitigation and adaptation should be prioritized, he suggested.

Similarly, the Finance Minister pointed out the need for developing climate resilient infrastructures so that supply chain will not be disrupted. On the occasion, Registrar at the Kathmandu University, Dr Achyut Wagle, said the initiatives for sustainable economic development should be friendly to private sector. Just and balanced efforts in south Asia can promote trade, he said, adding that continuous actions are required to reduce impact of climate change.

In view of Joint Secretary at Ministry of Industry, Commerce and Supply, Devraj Joshi, Nepal could forward sustainable trade by addressing the problems facing trade and climate change.

Study and research in this sector would enrich policy and action plans, he believed. Representatives from nine countries including Nepal, India, Bangladesh, China, Turkey, and Indonesia attended the event.

Rastriya Prajatantra Party (RPP) Nepal, Kamal Thapa, today paid a courtesy call on Prime Minister KP Sharma Oli.

During the meeting, the two exchanged views on contemporary political scenario, according to RPP Nepal's General Secretary Rajaram Bartaula.

Leader Thapa also extended an invitation to the Prime Minister to a reception to be organized by the party tomorrow, January 11, on the occasion of 'National Unification Day'. 

Home Minister Ramesh Lekhak has called for collective efforts to launch a campaign addressing drug abuse, suicidal tendencies, and road accidents.

During his address to a sports festival organized by the National Private and Boarding Schools Association of Nepal (N-PABSAN) Kanchanpur in Mahendrangar today, the minister said drug abuse, suicides, and road fatalities remain significant concerns in society and require collaborative efforts to mitigate.

He emphasized that adolescents are especially vulnerable to drug abuse, underscoring the importance of a school-level campaign to raise awareness about its consequences and help keep them away from it.

The minister also reminded stakeholders of the constitutional provisions for free and basic education, urging everyone to ensure the effective implementation of these provisions and to work toward improving the quality of education.

Regarding the federal bill on school education, Minister Lekhak informed that discussions are underway in Parliament.

He added the government will focus on making quality education more accessible and is committed to creating an environment that will facilitate the swift endorsement of the bill.

The Kaski District Court on Thursday granted bail to seven people including Rabi Lamichhane, the President of the Rastriya Swatantra Party, who have been accused of misappropriating funds of Suryadarshan Cooperatives in Pokhara, on bail.

A single bench of Judge Nitij Rai today issued an order saying that Lamichhane be release on a bail of Rs 6.5 million.

Other people who are granted bail as per the court's order include Chhabilal Joshi (Rs. 8.8 million), Leela Pachhai (Rs. 3.7 million), Mina Gurung (Rs. 500,000), Ram Bahadur Khanal (Rs. 1.5 million), Arati Guring (Rs. 500,000), and Krishna Bahadur Gurung (Rs. 100,000), according to court's registrar, Rajan Khanal. The order followed a 10-day hearing on whether to extend the remand for further investigation.

On December 22, the District Attorney Office in Kaski had filed charge sheets against 44 people, including Lamichhane, the former Home Minister, in connection with the misappropriation of cooperative funds.

To date, 63 individuals are facing charges in the case.

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

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 153, 300 per tola today. It was traded at Rs 152, 200 per tola on Wednesday.

Similarly, the price of silver has increased by Rs 10 and is being traded at Rs 1, 840 per tola today.

The price of gold has increased by Rs 500 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 152, 500 per tola today. It was traded at Rs 152, 000 per tola on Tuesday.

Similarly, the silver is being traded at Rs 1, 830 per tola today.