<p>US Ambassador to Nepal Alaina B Teplitz hosted a ceremony at her official residence today coinciding with the ongoing US presidential election in the United States of America. <br><br>On the occasion, she said election is the most beautiful aspect of democracy and the US has been witnessing the handover of state power through peaceful means for the last 200 years. &nbsp;<br><br>Speaker Onsari Gharti Magar, members of the Council of Ministers, lawmakers, various political leaders, chiefs and officials of diplomatic missions here, heads of the constitutional bodies, representatives of the UN bodies here, business community and senior journalists were invited to the ceremony. &nbsp;<br><br><br></p>

<p>People from various walks of life, and the leaders and supporters of the Nepali Congress (NC) remembered the late Ganesh Man Singh, NC leader and commander of the democratic movement of 1990, by organising a programme in the Capital to mark his 102nd birth anniversary. <br><br>Meanwhile speaking at the event organised by Ganesh Man Singh Memorial Foundation, NC leader and son of Singh, Prakash Man said sacrifice and principles of the late Singh helped to promulgate the constitution and all political parties should unite to implement it. <br><br><br><br></p>

<p>Indian Prime Minister Narendra Modi has announced that the 500) and 1,000 rupee banknotes will be withdrawn from the financial system overnight.</p><p>The surprise move, announced last evening, is part of a crackdown on corruption and illegal cash holdings.</p><p>Banks will be closed on Wednesday and ATM machines will not be working.</p><p>India is overwhelmingly a cash economy. New 500 and 2,000 rupee denomination notes will be issued to replace those removed from circulation.</p><p>Black money and corruption are the biggest obstacles in eradicating poverty, Mr Modi said.</p><p>People will be able to exchange their old notes for new ones at banks over the next 50 days but they will no longer be legal tender.</p><p>The announcement prompted people across the country to rush to ATMs that offer 100 rupee notes in an attempt not to be left without cash over the next few days.</p><p>Partly cloudy in the eastern region , mainly fair in the rest of the country. Light rain or thunder possible at one or two places of the eastern region towards evening.<br></p>

<p>Donald Trump will become the 45th US president after a stunning victory over Democrat Hillary Clinton.</p><p>Trump won with 289 electoral votes compared to 218 for Clinton. </p><p>Speaking to his supporters in New York after clinching victory, Trump said that Clinton had congratulated him on his win.</p><p>He said he received a call from Secretary Clinton congratulating him on his victory … and said he also congratulated her and her family on a very very hard-fought campaign.<br><br>The Republican nominee defied pre-election polling to claim swing states, winning the key battlegrounds of Florida, Ohio and Pennsylvania.</p><p>He told cheering supporters that Americans must now unite and "bind the wounds of division", after a gruelling, acrimonious campaign.</p><p>Global markets fell sharply at the news, but later recovered somewhat.</p><p>Outgoing President Barack Obama has congratulated Mr Trump and has invited him to a meeting at the White House on Thursday to discuss the transition.Around the world, leaders and the media have been reacting to America's election upset:</p><p>Germany's foreign minister said the outcome would make things "more difficult', with US foreign policy "less predictable"</p><p>Russian President Vladimir Putin – for whom Mr Trump has voiced support but who Democrats accused of election meddling – said he hoped ties could improve from their current "critical condition"</p><p>The European Union said close co-operation with the US was the only way to deal with "unprecedented challenges" around the world Mr Trump, 70, will take office in January with a Republican-dominated Congress, as Democrats were unable to wrest control of the Senate in the general election.<br><br><br></p>