Nepal Declares Public Holiday for Tihar and Chhath Festivals

The Government of Nepal has declared a public holiday spanning from the 12th to the 30th of Mangsir to celebrate the Tihar festival. Additionally, a Chhath holiday is scheduled for the 3rd of Mangsir. This holiday period will lead to the temporary closure of the Nepal Stock Exchange Limited (NEPSE), with the secondary market reopening on the 4th of Mangsir, 2080, a Monday. During this break, regular trading activities on NEPSE will remain suspended, with trading resuming on the 4th of Mangsir, 2080, at 11:00 AM.

Tihar, known as Deepawali or Yamapanchak, is a vibrant and culturally significant five-day festival in Nepal. It pays tribute to Yama, the God of Death, and Laxmi, the Goddess of Wealth. Each day of Tihar is marked by unique rituals and celebrations, honoring the relationship between humans and animals, the importance of prosperity, and the bonds of family. Alongside Tihar, Chhath Parva is another significant festival celebrated in Nepal, particularly along riverbanks, where devotees seek physical and spiritual purity through rituals and fasting. This holiday period provides an opportunity for people to come together and celebrate these important cultural and religious festivals.

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