Politics & Governance
CPN (UML) ministers in Lumbini province resigned en masse, including Chief Minister Chet Narayan Acharya, after resignations were confirmed by Physical Infrastructure Development Minister Bhumishwor Dhakal. Separately, lawmakers continue to face legislative gridlock, with the National Assembly setting a new record for bills not being passed. National Assembly bills not passed record.
Courts & Accountability
Birgunj Metropolitan City Mayor Rajesh Man Singh was arrested after a Parsa District Court issued an arrest warrant tied to an alleged forged document case. Birgunj Metropolis Mayor Singh arrested. In Dhanusha, the Central Investigation Bureau arrested Janaki Medical College chairman Om Prasad Pandey over allegations of loan misuse, including a suspected fake company used to inflate collateral and unauthorized investments. Janaki Medical College loan misuse case chairman Pandey arrested.
Economy & Business
The Armed Police Force seized 774 electric vehicles at the Korola border in Mustang over suspected customs evasion, with the vehicles taken into custody during coordinated operations. 774 electric vehicles seized for customs evasion. Meanwhile, a separate report said a massive fire broke out at the Armed Police Force headquarters in Halchowk, with the cause still under investigation. Massive fire breaks out at APF headquarters in Halchowk.
Society & Community
A police post was re-established in Limi after a seven-month gap, aiming to improve local security and law enforcement. Police post re-established in Limi after seven months. The 76th anniversary of the first successful ascent of Annapurna I was also observed, with commemorative events involving climbers and enthusiasts. 76th anniversary of scaling Annapurna I observed.
Date: June 04, 2026 (AD) | B.S.: Jestha 21, 2083
Top News
1. जानकी मेडिकल कलेज कर्जा दुरुपयोग प्रकरणः अध्यक्ष पाण्डे पक्राउ ! (arthasarokar.com)
Om Prasad Pandey, the chairman of Janaki Medical College, has been arrested by the Central Investigation Bureau (CIB) in Dhanusha for misusing a bank loan. He allegedly established a fake company to inflate collateral values and misappropriated funds from Prabhu Bank for unauthorized investments. The CIB is investigating him under the Banking Offense and Punishment Act of 2007.
2. भन्सार छलेको आरोपमा ७७४ विद्युतीय गाडी सशस्त्र प्रहरीको नियन्त्रणमा (nepalnews.com)
The Armed Police Force has seized 774 electric vehicles suspected of customs evasion at the Korola border in Mustang. The vehicles were taken into custody during operations conducted by various units from Mustang, Parbat, and Kaski. The police plan to submit the seized vehicles for further investigation into customs violations.
3. राष्ट्रिय सभामा रह्यो विधेयक पास हुनै नसकेको नयाँ रेकर्ड (www.onlinekhabar.com)
The National Assembly has set a new record for failing to pass a bill, highlighting ongoing legislative challenges. This situation underscores the difficulties in achieving consensus on key legislative issues within the assembly.
4. Police post re-established in Limi after seven months (risingnepaldaily.com)
A police post has been re-established in Limi after a seven-month absence. This move aims to enhance security and law enforcement in the area.
5. UML ministers in Lumbini government resign en masse (english.onlinekhabar.com)
CPN (UML) ministers in the Lumbini province government, including Chief Minister Chet Narayan Acharya, have resigned en masse, with Physical Infrastructure Development Minister Bhumishwor Dhakal confirming the resignations. The departing ministers include those responsible for irrigation, land management, agriculture, and health.
6. लुम्बिनी सरकारः एमालेका ४ मन्त्रीले दिए राजीनामा (arthasarokar.com)
Four ministers from the CPN-UML party in the Lumbini provincial government have resigned collectively, as confirmed by Minister for Physical Infrastructure Development Bhumi Shwar Dhakal. The resignations were submitted to Chief Minister Chetan Narayan Acharya, with the ministers including Dhakal, Minister for Irrigation Sita Chaudhary, Minister for Land Management and Agriculture Dinesh Panti, and Minister for Health Khem Saru.
7. Emphasis laid on strengthening UN Development System (risingnepaldaily.com)
The UN Development System is being prioritized for strengthening to enhance its effectiveness in addressing global challenges. This initiative aims to improve coordination among various UN agencies and better align their efforts with national development goals.
8. 76th anniversary of scaling Annapurna I observed (risingnepaldaily.com)
The 76th anniversary of the first successful ascent of Annapurna I was commemorated, highlighting its significance in mountaineering history. Celebrations included various events and gatherings among climbers and enthusiasts in Nepal.
9. Massive fire breaks out at APF headquarters in Halchowk (theannapurnaexpress.com)
A massive fire erupted at the Armed Police Force headquarters in Halchowk, with the cause still under investigation. In other news, RSP President Lamichhane plans to engage in political discussions, including with BJP President Nabin, while gold prices increased by Rs 400 per tola.
10. Birgunj Metropolis Mayor Singh arrested (english.onlinekhabar.com)
Rajesh Man Singh, the mayor of Birgunj Metropolitan City, was arrested following a 10-day search after a Parsa District Court issued an arrest warrant for his involvement in a forged document case. He is accused of signing official papers for a girl's birth registration, citizenship, and passport. Singh will be presented in court today after being apprehended in Thori, Parsa.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 153.44 |
| CAD → NPR | 110.76 |
| AUD → NPR | 110.01 |
| GBP → NPR | 206.43 |
| JPY → NPR | 9.6 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4477.13 | NPR 257,613.78 |
| Silver | $73.63 | NPR 4,236.67 |
Metal Prices (Nepal)
| Metal | Price (NPR/tola) |
|---|---|
| Fine Gold (9999) | NPR 311,100.00 |
| Silver | NPR 5,285.00 |
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.
