Flood recovery, government reshuffles, and ongoing legal accountability are shaping today’s key developments across Nepal.
Politics & Governance
Prime Minister Pushpa Kamal Dahal held a telephone conversation with New Zealand Prime Minister Christopher Luxon, updating Nepal’s search, rescue, and relief work after the Bhotekoshi flooding in Rasuwa. Dahal highlighted efforts to locate five missing foreign nationals, including New Zealand citizens, and thanked New Zealand for NZD 2 million in humanitarian support. Prime Minister Shah and New Zealand Prime Minister Luxon telephone conversation
In government leadership changes, Gauri Kumari Yadav resigned as Industry, Commerce and Supplies Minister after submitting her resignation to Prime Minister Balendra Shah. Deepak Kumar Shah was then recommended for the ministerial appointment, with his swearing-in scheduled for today. Industry Minister Yadav resigns Shah recommended as new Industry, Commerce and Supplies Minister
Courts & Accountability
The Kathmandu District Court has sentenced former lawmaker Ichchha Raj Tamang to five years and six months in prison in the Civil Cooperative fraud case. The ruling also includes a fine of Rs 50,000 for Tamang, while 16 other defendants received varying prison terms and fines based on their roles. Ichchha Raj Tamang sentenced to 5 years and 6 months in Civil Cooperative fraud case
Economy & Business
Nepal estimates Rs 723.31 billion will be needed for reconstruction and recovery following the Rasuwa floods, including Rs 473.57 billion for infrastructure repairs. The plan divides support into immediate relief funding of Rs 8.74 billion and long-term reconstruction costs of Rs 714.58 billion, with damage including energy and roads such as 13 hydropower projects and 69 kilometers of road. Nepal estimates Rs 723 billion needed to rebuild after Rasuwa floods
In education support for flood-affected families, the government announced a Guaranteed Future Scholarship Scheme worth around one billion rupees for students impacted by the Bhotekoshi flood. The program, coordinated by the Ministry of Education and Sports, targets about 1,000 students and includes tuition waivers, educational materials, and accommodation through criteria set with private schools. Guaranteed Future Scholarship Scheme for flood-affected students
Society & Community
Flood recovery on the ground continues as 703 flood-affected Nepalis returned home via the Tatopani border. The return followed recent flooding that had displaced residents in the affected region. 703 flood-affected Nepalis return home via Tatopani border
Meanwhile, basic service disruptions persist for some communities, with Simkot residents reporting 22 hours of daily load-shedding. The extended outages have affected daily life and access to electricity, raising concerns about local power reliability. Simkot residents face 22 hours of daily load-shedding
Date: September 11, 2026 (AD) | B.S.: Bhadau 26, 2083
Top News
1. Ex-lawmaker Ichchha Raj Tamang sentenced to 5 years and 6 months in Civil Cooperative fraud case (english.onlinekhabar.com)
Ichchha Raj Tamang, a former lawmaker, has been sentenced to five years and six months in prison by the Kathmandu District Court for fraud related to Civil Cooperative and organized crime. The court also imposed a fine of Rs 50,000 on him, with 16 other defendants receiving varying prison terms and fines for their roles in the case.
2. प्रधानमन्त्री शाह र न्युजिल्यान्डका प्रधानमन्त्री लक्सनबीच टेलिफोन वार्ता (nepalnews.com)
Prime Minister Pushpa Kamal Dahal 'Prachanda' and New Zealand Prime Minister Christopher Luxon held a telephone conversation, during which Dahal provided updates on search, rescue, and relief efforts following the recent flooding in Bhotekoshi, Rasuwa. He emphasized the government's priority in locating five missing foreign nationals, including New Zealand citizens, and expressed gratitude for New Zealand's humanitarian assistance of NZD 2 million. Luxon conveyed condolences and solidarity from the New Zealand government and people regarding the devastating floods in Nepal.
3. Nepal estimates Rs 723 billion needed to rebuild after Rasuwa floods (english.onlinekhabar.com)
The Nepal government estimates that Rs 723.31 billion will be needed for reconstruction and recovery following the floods in Rasuwa on August 26. The assessment highlights that Rs 473.57 billion is required for infrastructure recovery, with significant damage to energy and roads, including 13 hydropower projects and 69 kilometers of roads. The recovery process is divided into two phases, with Rs 8.74 billion needed for immediate relief and Rs 714.58 billion for long-term reconstruction.
4. Shah recommended as new Industry, Commerce and Supplies Minister (theannapurnaexpress.com)
Deepak Kumar Shah has been recommended by Prime Minister Balendra Shah for appointment as the new Minister for Industry, Commerce and Supplies, following Gauri Kumari Yadav's resignation from the position. Shah's swearing-in ceremony is scheduled for today, as confirmed by the Office of the Prime Minister and Council of Ministers.
5. एक अर्बको छात्रवृत्ति, मापदण्ड बनाएर कार्यान्वयन गर्ने तयारी (newsofnepal.com)
The Nepalese government has announced a scholarship program worth approximately one billion rupees, named the "Guaranteed Future Scholarship Scheme," to support students affected by the Bhotekoshi flood. The initiative, coordinated by the Ministry of Education and Sports, aims to provide free education to around 1,000 students from affected areas, with private schools collaborating to establish criteria for scholarship distribution. The program will offer various forms of support, including tuition waivers, educational materials, and accommodation, prioritizing students who have lost parents or are in financial distress.
6. राप्रपाले सक्यो ४८ जिल्ला अधिवेशन, कुन जिल्लाको अध्यक्ष को ? (सूचीसहित) (www.ratopati.com)
The Rastriya Prajatantra Party (RPP) has completed district conventions in 48 districts and plans to finish all by the end of Bhadra. The party has announced its national convention for December 26-28, with Mahottari's district convention scheduled for September 26. A list of newly elected district chairs has been released, including Amritkumar Sawden for Taplejung and Keshav Prasad Ojha for Jhapa, among others.
7. 703 flood-affected Nepalis return home via Tatopani border (risingnepaldaily.com)
Seven hundred three flood-affected Nepalis have returned home through the Tatopani border. This return follows the recent flooding that displaced many individuals in the region.
8. Simkot residents face 22 hours of daily load-shedding (risingnepaldaily.com)
Residents of Simkot are experiencing 22 hours of daily load-shedding, severely impacting their daily lives and access to electricity. The prolonged power outages have raised concerns about the reliability of the local energy supply.
9. Industry Minister Yadav resigns (theannapurnaexpress.com)
Gauri Kumari Yadav has resigned as Minister for Industry, Commerce and Supplies, submitting her resignation to Prime Minister Balendra Shah. Her resignation was confirmed by her secretariat on Thursday.
10. Parliament meeting at 1 pm today (theannapurnaexpress.com)
A meeting of the House of Representatives is scheduled for 1 pm today in Singha Durbar, where Finance Minister Dr. Swarnim Wagle will present the Employees Provident Fund (Tenth Amendment) Bill, and Minister for Law, Justice and Parliamentary Affairs Sobita Gautam will present the Nepal Law Commission (First Amendment) Bill. Additionally, six parliamentary committees will hold meetings today.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 152.02 |
| CAD → NPR | 110.12 |
| AUD → NPR | 109.62 |
| GBP → NPR | 205.63 |
| JPY → NPR | 9.87 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4338.59 | NPR 247,331.90 |
| Silver | $63.8 | NPR 3,637.07 |
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.
