Flood response, governance actions, and enforcement steps feature prominently across today’s developments in Nepal.
Politics & Governance
Prime Minister Balendra Shah urged engineer-lawmakers to use their technical expertise to support national development during a meeting at the Office of the Prime Minister. He called for long-term policies and innovative ideas rather than political distractions, while infrastructure amendments to enable private sector participation were also discussed in the same setting Prime Minister Shah urges engineer-lawmakers to contribute based on their expertise. In parallel, both Houses of the Federal Parliament are set to meet today, including deliberations on reports connected to fiscal and natural resources and responses to questions by government officials Both Houses of Federal Parliament meeting today.
Energy governance also moved forward as the Energy, Water Resources, and Irrigation Minister directed regular monitoring of licensed hydropower projects. Biraj Bhakta Shrestha instructed that follow-up systems be developed to check compliance with community support and corporate social responsibility commitments after licenses are granted, with the Electricity Regulatory Commission involved in the monitoring approach Energy Minister Shrestha directs regular monitoring of hydropower licenses. Separate from monitoring, the government is additionally seeking a reconstruction model for hydropower projects damaged by floods to address impacts on the energy sector Government seeks model for reconstruction of hydropower projects destroyed by floods.
Courts & Accountability
Local anti-corruption efforts are being strengthened through civic vigilance initiatives designed to curb corruption in local governance. The measures aim to increase community oversight and participation to improve transparency and accountability in day-to-day administrative actions Civic Vigilance To Curb Local Corruption. As part of the broader accountability and relief framework, the Prime Minister’s Relief Fund has also reached over NPR 16.15 billion in deposits, funds intended for multiple relief and support activities More than 16.15 billion rupees in the Prime Minister’s Relief Fund.
Economy & Business
Food safety enforcement continued during market inspections, with a dairy and sweets outlet fined for selling expired and substandard products in Gaur. The inspection team also issued hygiene and quality warnings to fish and meat shops, signalling that further penalties could follow if requirements are not met Market monitoring in Gaur: Dairy fined Rs. 200000, meat shop warned. In the international economic sphere, a fresh U.S. investment announcement highlighted shifting global supply-chain and infrastructure interests, with South Korea indicating plans to invest about $200 billion in the United States under a broader strategic package Trump announces South Korea will invest $200 billion in the US.
Date: October 01, 2026 (AD) | B.S.: Aswin 15, 2083
Top News
1. जलविद्युत लाइसेन्सको नियमित अनुगमन गर्न ऊर्जा मन्त्री श्रेष्ठको निर्देशन (nepalnews.com)
Energy, Water Resources, and Irrigation Minister Biraj Bhakta Shrestha has directed subordinate bodies to regularly monitor the progress of licensed hydropower projects. During a review meeting, he emphasized the need for a follow-up system to ensure compliance with community support programs and corporate social responsibility after licenses are granted. He instructed the Ministry's Secretary, Dr. Jagadishwar Karmacharya, to develop a monitoring system through the Electricity Regulatory Commission and highlighted the importance of having sufficient legal bases for comments and decisions made within the ministry.
2. दक्षिण कोरियाले अमेरिकामा २०० अर्ब डलर लगानी गर्ने ट्रम्पको घोषणा (nepalnews.com)
U.S. President Donald Trump announced that South Korea plans to invest approximately $200 billion in various projects in the U.S. This investment is part of a larger $350 billion strategic investment package agreed upon last year, which includes $150 billion for shipbuilding and $200 billion for strategic investments. However, South Korea clarified that a significant component, a $54 billion LNG pipeline project in Alaska, has not yet reached a final decision, pending the fulfillment of specific business and legal conditions.
3. गौरमा बजार अनुगमन : डेरीलाई २ लाख जरिवाना, मासु पसललाई चेतावनी (www.ratopati.com)
During a market inspection in Gaur, the Fulutara Dairy and Sweets store was fined 200,000 rupees for selling expired and substandard food items. The inspection team, comprising officials from various agencies, also issued warnings to fish and meat shops to maintain hygiene and sell quality products, with further penalties threatened for non-compliance. The team plans to continue inspections as food transactions increase with the upcoming festivals.
4. बाढी प्रभावित क्षेत्रमा अब ‘खोज तथा पुनःप्राप्ति’मा जाने सरकारको निर्णय (rajdhanidaily.com)
The government has decided to advance search and recovery operations in areas affected by the flood in the Bhote Koshi River, Rasuwagadhi. A meeting chaired by Home Minister Sudhan Gurung reviewed the situation and determined to shift focus from rescue to recovery, with ongoing forensic testing for identifying the deceased, involving international experts from five countries. Currently, 5,285 individuals are reported missing, with 1,454 bodies and human remains found, of which only 112 have been identified.
5. बाढीले भत्काएका जलविद्युत् आयोजना पुनर्निर्माण मोडेल खोज्दै सरकार (www.onlinekhabar.com)
The government is seeking a reconstruction model for hydropower projects that were damaged by floods. This initiative aims to address the impact of recent natural disasters on the energy sector.
6. कांग्रेस सिन्धुलीको दुई वटै क्षेत्रीय अधिवेशन सम्पन्न, को–को भए महाधिवेशन प्रतिनिधि ? (newsofnepal.com)
The regional conventions of the Nepali Congress in both electoral constituencies of Sindhuli have concluded, electing representatives for the 15th General Convention. In Constituency No. 1, Ujjwal Prasad Baral received the highest votes with 781, while in Constituency No. 2, Chhetra Bahadur Bamjan topped the list with 705 votes. Other notable elected representatives include Upendra Kumar Pokhrel, the mayor of Kamalamai Municipality, and various candidates across different categories, including women and youth representatives.
7. PM Shah urges engineer-lawmakers to contribute based on their expertise (theannapurnaexpress.com)
Prime Minister Balendra Shah called on engineer-lawmakers to leverage their expertise for national development during a meeting at the Office of the Prime Minister. He emphasized the importance of focusing on long-term policies and innovative ideas rather than political matters. Minister for Infrastructure Development Sunil Lamsal announced ongoing legal amendments to support the private sector, while various lawmakers proposed initiatives for infrastructure, agriculture, and public transportation reforms.
8. प्रधानमन्त्री राहत कोषमा १६ अर्ब १५ करोडभन्दा बढी रकम मौज्दात (www.onlinekhabar.com)
The Prime Minister's Relief Fund has over NPR 16.15 billion in deposits. This significant amount is intended for various relief efforts and support initiatives.
9. Both Houses of Federal Parliament meeting today (theannapurnaexpress.com)
Both Houses of the Federal Parliament are convening today, with the House of Representatives meeting at 11 am to discuss the Eighth Annual Report of the National Natural Resources and Fiscal Commission and a report on the remuneration of constitutional body office bearers. The National Assembly will meet at 1:15 pm, where Minister Sita Badi will respond to MPs' questions, and the Prime Minister will present the annual report of the National Indigenous Nationalities Commission. Additionally, various committees, including the Agriculture and Natural Resources Committee, are scheduled to meet today.
10. Civic Vigilance To Curb Local Corruption (risingnepaldaily.com)
Local authorities in Nepal are implementing civic vigilance initiatives aimed at reducing corruption. These efforts focus on increasing community involvement and oversight in local governance to promote transparency and accountability.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 153.64 |
| CAD → NPR | 108.35 |
| AUD → NPR | 107.12 |
| GBP → NPR | 204.07 |
| JPY → NPR | 9.79 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4182.49 | NPR 240,973.90 |
| Silver | $61.27 | NPR 3,530.07 |
Disclaimer
- Forex rates are sourced from the Nepal Rastra Bank (NRB).
- International gold and silver prices are sourced from swissquote.
- Nepal gold and silver prices are sourced from Federation of Nepal Gold and Silver Dealers' Association.
Prices are provided for informational purposes only and may be delayed, or inaccurate.
