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News Digest - May 21, 2026

Politics & Governance

Nepal’s Law Minister Sobita Gautam tabled two bills on behalf of Prime Minister Balendra Shah in the House of Representatives to replace election-related ordinances. The bills—covering the House of Representatives Members Election (First Amendment) and the Voter Name List (First Amendment)—were approved for presentation and the House is set to reconvene at 11 am tomorrow. Sobita Gautam House of Representatives Members Election (First Amendment) Bill, 2083

In parliament, Shram Sanskriti Party Chairman Harka Sampang said he is ready to be suspended to help hold the government accountable. He criticized a speaker’s decision that he said restricted lawmakers’ ability to question the government, while also citing protests over squatter settlements and foreign loans. Harka Sampang Speaker

A parliamentary committee discussed “cold relations” between Nepal and India, focusing on how bilateral communication and cooperation can be improved. The discussion highlighted concerns linked to the broader state of ties. Nepal-India “cold relations” Parliamentary committee

Courts & Accountability

The CEO of Nepal Investment Mega Bank, Jyotiprakash Pandey, returned to regular work after being released on attendance bail following allegations connected to a Smart Telecom-linked government property auction. His wife filed a habeas corpus petition, and the Supreme Court ordered his release, but investigators from the Central Investigation Bureau continue work on the matter. Jyotiprakash Pandey Central Investigation Bureau

Analysts cited in the report warned that Pandey’s return could increase the risk of evidence destruction amid the ongoing investigation. Separately, the Supreme Court’s case backlog remains a major accountability concern, with 1,258 cases stuck for over five years. evidence destruction risk 1,258 cases stuck for over five years

Economy & Business

Nepal Oil Corporation issued a seven-day ultimatum to petrol pumps to improve service and infrastructure, including requirements for functional fire safety equipment and mandatory sanitation facilities. The directive also calls for cleanliness, access to clean drinking water, clear display of price lists, and submission of compliance reports within the set timeframe. Seven-day ultimatum to petrol pumps Compulsory toilets requirement

Kamacana Seva Bikas Bank Limited continued its corporate social responsibility work by distributing free nutritious meals at Shahid Gangalal National Heart Centre. The program is aimed at impoverished patients and attendants, with support delivered daily in collaboration with Aarti Food Family. Kamana Seva Bikas Bank Limited Shahid Gangalal National Heart Centre

Meanwhile, manpower businesses in Kathmandu expressed concern about the policies of Mayor Balen Shah’s government, saying new regulations could affect their operations and profitability. The report frames the reaction as a response to anticipated regulatory changes under the municipal administration. Balen Shah Manpower businesses

Society & Community

The government’s stance on press freedom was reaffirmed by Information and Communications Minister Dr. Bikram Timilsina, who said there is no intention to curtail the press. He emphasized constitutional protections for journalism and urged media to maintain its dignity and boundaries while noting support for strengthening related regulatory bodies. Dr. Bikram Timilsina Press Council Nepal

Kathmandu’s land crisis continues to affect residents, with reports highlighting displacement from riverside settlements and ongoing disputes over rehabilitation and secure property rights. The situation is linked to long-standing inequalities and political patronage, leaving many marginalized households without lasting solutions. Kathmandu displacement Rehabilitation plans

Date: May 21, 2026 (AD) | B.S.: Jestha 07, 2083

Top News

1. अनुसन्धान नै नसकी हाजिरी जमानीमा छुटेका सिइओ पाण्डे नियमित काममा फर्किए, प्रमाण नष्ट हुने जोखिम ! (arthasarokar.com)

Jyotiprakash Pandey, the CEO of Nepal Investment Mega Bank, has returned to work after being released on bail following his arrest for allegedly auctioning government property linked to Smart Telecom. The Supreme Court ordered his release after a habeas corpus petition filed by his wife, Niruta Dahal, claiming unlawful detention. Despite ongoing investigations by the Central Investigation Bureau into the Smart Telecom case, experts warn that his return to work poses a risk of evidence destruction.

2. पेट्रोल पम्पहरुलाई सेवा र पूर्वाधार सुधार्न ७ दिने अल्टिमेटम, अनिवार्य शौचालयको व्यवस्था, हरियाली प्रवर्द्धन गर्नुपर्ने ! (arthasarokar.com)

Nepal Oil Corporation has issued a seven-day ultimatum to petrol pumps to improve services and infrastructure. The directive mandates cleanliness, functional fire safety equipment, proper sanitation facilities, and access to clean drinking water, alongside promoting greenery on premises. Petrol pumps must also ensure that price lists are clearly displayed and report compliance with the directives within the stipulated timeframe.

3. कामना सेवा विकास बैंकद्वारा शहिद गंगालाल राष्ट्रिय हृदय केन्द्रमा निःशुल्क भोजन वितरण (arthasarokar.com)

Kamana Seva Bikas Bank Limited has distributed free nutritious meals at Shahid Gangalal National Heart Centre, targeting impoverished patients and their attendants from various parts of the country. The initiative, part of the bank's corporate social responsibility, aims to support those facing financial and social hardships during treatment. The program, conducted in collaboration with Aarti Food Family, benefits over 200 individuals daily and reflects the bank's commitment to social and health-related contributions.

4. 1,258 cases stuck for over five years at Nepal’s Supreme Court (english.onlinekhabar.com)

The backlog at Nepal's Supreme Court has reached 1,258 cases pending for over five years, with a total of 375,284 cases recorded across all courts by June 2025. Chief Justice nominee Manoj Kumar Sharma reported that while annual case disposals have increased significantly, the old backlog remains unresolved, partly due to disruptions from IT server damage. Sharma's strategic plan aims to simplify procedures and enhance case management to address the growing caseload.

5. Nepal’s unending land crisis: Politics, power and the plight of the homeless (english.onlinekhabar.com)

Over 15,000 residents in Kathmandu were displaced in April 2026 due to government-led demolitions of riverside settlements, prompting protests and Supreme Court intervention for rehabilitation plans. The ongoing land crisis in Nepal is rooted in historical inequalities and systemic failures, with political patronage undermining land reforms and leaving many marginalized groups without secure property rights. Current political strategies favor temporary commissions over meaningful solutions, resulting in a persistent cycle of unaddressed landlessness and civic invisibility for affected families.

6. Government has no intention to curtail press: Minister Timilsina (theannapurnaexpress.com)

Minister for Information and Communications Dr. Bikram Timilsina stated that the government has no intention to curtail press freedom, emphasizing the constitutional rights granted to the press. He urged the journalism sector to maintain its dignity and boundaries while reaffirming the government's commitment to strengthening the Press Council Nepal and the Central Board of Film Censor.

7. Ready to be suspended to make government accountable: Harka Sampang (theannapurnaexpress.com)

Shram Sanskriti Party Chairman Harka Sampang announced readiness to be suspended to hold the government accountable in the House, criticizing a recent ruling by the Speaker that limited lawmakers' ability to question the government. He emphasized ongoing protests due to unanswered questions on issues like squatter settlements and foreign loans. Additionally, Law Minister Gautam presented two bills on behalf of PM Shah, while lawmakers raised concerns about health, disaster management, and road safety.

8. Law Minister Gautam tables two bills on behalf of PM Shah (theannapurnaexpress.com)

Law Minister Sobita Gautam presented two bills on behalf of Prime Minister Balendra Shah in the House of Representatives, aimed at replacing ordinances for the March 5 elections. The bills, titled 'House of Representatives Members Election (First Amendment) Bill, 2083' and 'Voter Name List (First Amendment) Bill, 2083', received majority approval for presentation. The House will reconvene tomorrow at 11 am.

9. संसदीय समितिमा नेपाल-भारत ‘चिसो सम्बन्ध’ को चर्चा (www.onlinekhabar.com)

A parliamentary committee discussed the "cold relations" between Nepal and India. The meeting focused on various aspects of the bilateral ties, highlighting concerns and the need for improved communication and cooperation.

10. बालेन सरकारसँग किन झस्कँदैछन् म्यानपावर व्यवसायी ? (www.onlinekhabar.com)

Manpower businesses are expressing concerns over the policies of Mayor Balen Shah's government in Kathmandu. They fear that new regulations may negatively impact their operations and profitability.

Forex

Currency Pair Rate (NPR)
USD → NPR 155.22
CAD → NPR 112.76
AUD → NPR 110.59
GBP → NPR 207.94
JPY → NPR 9.76

Metal Prices (International)

Metal Price (USD/oz) Price (NPR/tola)
Gold $4531.03 NPR 263,739.65
Silver $75.53 NPR 4,396.41

Metal Prices (Nepal)

Metal Price (NPR/tola)
Fine Gold (9999) NPR 293,800.00
Silver NPR 5,050.00

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.

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