REPUBLICA

CPN-UML’s Gyawali claims Nepal has fallen into chaos following September 9 events, asserting the party remains resilient despite the current anarchic government.

Investors are attracted more to invest in silver as gold becomes unaffordable to many.

NC President Sher Bahadur Deuba will skip the opening of CPN-UML’s 11th National Convention, with Acting President Purna Bahadur Khadka attending on his behalf.

A vibrant cultural display has set the tone for the CPN-UML’s 11th National Convention in Bhaktapur, with colourful processions and traditional dances highlighting Nepal’s diverse heritage. 

Nepal Stock Exchange (NEPSE) last week declined 23.80 points (0.90 percent) revealing the continuity of low confidence among the investors.

Senior Vice Chair Ishwar Pokharel has objected to the list of 108 nominated delegates at the CPN-UML’s 11th National Convention, alleging it was published unilaterally despite an agreement to finalize it jointly with party chair KP Sharma Oli.

The US dollar climbed to a record high of Rs 144.37 on Saturday, intensifying pressure on Nepal’s import-dependent economy.

Most of the money sits at Belgium based clearing house Euroclear, and EU leaders want to seal a deal at next week’s summit that would use the funds as backing for a major loan to Ukraine, aimed at sustaining its military and keeping the economy afloat, according to the BBC.

The NRB has invited banks and financial institutions to submit applications, proposing the amount they seek along with the interest rate.

Chairman Lingden said it while sharing the decisions made by the central committee meeting of the party on Friday.