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The price of gold has increased by Rs 400 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 199, 400 per tola today.  It was traded at Rs 199, 000 per tola on Wednesday.

Similarly, the price of silver has increased by Rs 10 and is being traded at Rs 2, 355 per tola today.

One can now fly to Australia from Pokhara and from Australia to Pokhara.

This will be possible after Sichuan Airlines of China begins flights to Australia from Pokhara International Airport. 

The Airlines has sought permission from the regulatory body, Nepal Civil Aviation Authority of Nepal to operate flights to Australia via Chengdu starting from Pokhara. 

According to CAAN Information Officer Gyanendra Bhol, Sichuan Airlines has sought permission to fly to Australia via Chengdu and preparations are being made to grant the permission after completing the necessary procedures.

The company plans to operate flights from September. "Bilateral discussions are underway to formally finalize the process. The flight schedule is to be submitted by the concerned airlines soon," said information officer Bhol.

Earlier, Sichuan Airlines had operated chartered flights to Pokhara International Airport for some time. The company now wants to operate regular flights to Australia as a new destination. 

Sichuan Airlines is the largest airline in Western China, headquartered in Chengdu, Sichuan, China.

Nepal Rastra Bank has made arrangements for Indian nationals to bring an equivalent of USD 5, 000 in Indian currency during their visit to Nepal. 

With this new policy, tourism business in the border areas is expected to exceed further. 

Previously, business owners complained about the provision allowing only INR 20, 000.

The federal government, through the budget for the current fiscal year announced on May 29, has made it possible for travelers entering Nepal by air or land to bring foreign currency or travelers' cheque equivalent to five thousand US dollars that will be exchangeable in Nepal.

The central bank issued a public notice on August 26, allowing Nepali or foreign citizens to bring foreign currency up to USD 5, 000  in cash. 

Hari Pant, President of the Hotel and Tourism Entrepreneurs Association in Birgunj, shared that the provision allowing Indian tourists to bring Indian rupees equivalent to USD 5, 000  without customs declaration would provide relief to the local tourism entrepreneurs. 

Birgunj has more than 85 hotels, including four-star hotels. However, tourists have not been able to extend their stay as expected. 

Entrepreneurs in the tourism sector say that the local tourism industry is sustained largely by Indian tourists.

The Nepal Stock Exchange (NEPSE) gained 53.01 points to close at 2,819.10 points on Wednesday.

Similarly, the sensitive index surged by 8.52 points to close at 483. 42 points.

A total of 14,986,142-unit shares of 321 companies were traded for Rs 7. 68 billion.

Meanwhile, Bikash Hydropower Company Limited (BHCL) was the top gainer today, with its price surging by 10. 00 percent. Likewise, 10.25% KBL Debenture 2086 (KBLD86) was the top loser as its price fell by 5. 79 percent.

At the end of the day, total market capitalization stood at Rs 4. 71 trillion.