Politics & Governance
Minister Gaurikumari Yadav said the closure of the Hetauda Cement Industry is unfortunate and stated the government is working on a plan to resume operations. She added that the issue is being studied alongside concerns raised by the industry’s management about outdated machinery and disrupted supplies.
Gandaki Province is starting its budget session, focusing on allocations and financial planning for the coming fiscal year. The summer session of Bagmati Province Assembly is also set to begin, with discussions on government policies and the 2083-84 BS budget expected during the meeting. Gandaki Province budget session and Bagmati Province summer session will run under these agenda priorities.
Courts & Accountability
The Lalitpur District Court ordered Jyoti Gurung to appear within 21 days in the Miteri Cooperative fraud case. The case centers on allegations that she embezzled 12 million rupees during her tenure as general manager, with a red notice issued and no room for appeal if she fails to comply.
The Supreme Court is hearing Sher Bahadur Deuba against the arrest warrant issued by the Kathmandu District Court. Deuba argues the matter falls under a special court’s jurisdiction and said he will cooperate with asset-related investigation processes following his return from Hong Kong.
Economy & Business
Minister Pratibha Rawal chaired a meeting that formed a committee to study the technical aspects of the Bajura–Humla border dispute. The committee, led by Sushil Dangol of the Survey Department, includes representatives from relevant ministries and provincial offices, with the Survey Department’s director acting as member-secretary.
In the financial sector, concerns were raised after two institutions opened without approval from the Nepal Rastra Bank. The report alleges violations of Section 32 of the Banking and Financial Institutions Act involving Nepal Kisan Bank Limited and Rashtriya Khadya Bank Limited.
Society & Community
Traffic enforcement reportedly generated 1.15 million rupees in revenue within 24 hours, reflecting tightened action on traffic rules. Traffic fines collection was described as evidence of increased implementation of regulations.
Within political party processes, the Nepali Congress internal proposals were discussed during informal meetings involving Dr. Shekhar Koirala. The proposals include maintaining unity by adjusting how membership updates and elections are handled between the 14th and 15th General Conventions.
Date: May 25, 2026 (AD) | B.S.: Jestha 11, 2083
Top News
1. ‘हेटौँडा सिमेन्ट उद्योग बन्द हुनु दुःखद् हो, यसलाई सरकारले चलाउँछ’ -मन्त्री यादव (arthasarokar.com)
Industry, Commerce, and Supplies Minister Gaurikumari Yadav inspected the struggling Hetauda Cement Industry, emphasizing the government's commitment to reviving it. She expressed concern over the industry's closure, stating that the government is preparing to operate all closed industries and is studying how to ensure regular operations at Hetauda. The interim general manager, Shivanarayan Sah, highlighted issues such as outdated machinery and supply chain disruptions, which have led to the industry's shutdown and inability to pay employee salaries for 11 months.
2. नेपालमा दुई गैरकानूनी बैंक खुले, राष्ट्र बैंक हेरेको हेर्यै ! (arthasarokar.com)
Two illegal banks, Nepal Kisan Bank Limited and Rashtriya Khadya Bank Limited, have opened in Nepal without the approval of the Nepal Rastra Bank. Both banks are operating with signage and conducting transactions despite lacking necessary authorization, violating Section 32 of the Banking and Financial Institutions Act. Concerns have been raised about the inaction of the Nepal Rastra Bank, especially since former governor Deependra Bahadur Chhetri and director committee member Dr. Shankar Prasad Acharya serve as advisors to the Rashtriya Khadya Bank.
3. मितेरी सहकारी ठगी प्रकरणः धनराज गुरुङकी पूर्वपत्नीलाई २१ दिनभित्र उपस्थित हुन अदालतको आदेश (arthasarokar.com)
The Lalitpur District Court has ordered Jyoti Gurung, the former wife of Congress leader Dhanraj Gurung, to appear within 21 days regarding her involvement in the Miteri Cooperative fraud case. She is accused of embezzling 12 million rupees while serving as the cooperative's general manager, and a 'red notice' has been issued against her. The court clarified that failure to comply with the order will result in legal consequences without any appeal.
4. Gandaki Province's budget session beginning today (risingnepaldaily.com)
Gandaki Province is commencing its budget session today. This session will focus on financial planning and allocations for the upcoming fiscal year.
5. Summer session of Bagmati Province beginning today (theannapurnaexpress.com)
The summer session of the Bagmati Province Assembly begins today at 1 pm, with Chief Minister and parliamentary leaders expected to offer their best wishes. This session, summoned by Province Chief Deepak Prasad Devkota, will focus on discussions regarding the government's policies and budget for the upcoming fiscal year 2083-84 BS (2026-27).
6. Government forms committee to study Bajura-Humla border dispute (theannapurnaexpress.com)
The government has established a committee to examine the technical aspects of the border dispute between Bajura and Humla districts, led by Sushil Dangol, Deputy Director General of the Survey Department. The committee includes representatives from various ministries and provincial offices, with the Survey Department's Director serving as the Member-Secretary. The decision was made during a meeting chaired by Minister Pratibha Rawal at Singha Durbar.
7. पार्टी एकता कायम राख्न डा. शेखर कोइरालाले राखे ५ प्रस्ताव (www.ratopati.com)
Dr. Shekhar Koirala has proposed five measures to maintain unity within the Nepali Congress party, including not mandating the update of active membership for the 15th General Convention and conducting elections based on memberships from the 14th General Convention. He also suggested merging the central committees from both conventions, forming the executive committee with a majority of the chairperson, and establishing various committees through mutual agreement. These proposals were discussed during informal meetings with party leaders, including Chairperson Gagan Thapa and General Secretary Pradeep Paudel.
8. शेरबहादुर देउवाको पक्राउ पुर्जी विरुद्धको रिटमा सुनुवाइ हुँदै (www.ratopati.com)
The Supreme Court is set to hear a writ petition filed by former Prime Minister Sher Bahadur Deuba against a warrant for his arrest issued by the Kathmandu District Court. Deuba argues that the jurisdiction for the case lies with a special court, not the district court, and he has expressed willingness to cooperate with the investigation regarding his assets. He recently returned from Hong Kong and is currently facing a process for a Red Corner Notice, although Interpol has not yet issued one.
9. 1.15 million collected in 24 hours from traffic fines (risingnepaldaily.com)
Traffic authorities collected 1.15 million Nepalese Rupees in just 24 hours from traffic fines. This significant amount reflects increased enforcement of traffic regulations.
10. UML forms task force to assess poll defeat (risingnepaldaily.com)
The CPN-UML has established a task force to evaluate the reasons behind its recent electoral defeat. The committee will analyze the party's performance and provide recommendations for future strategies.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 153.41 |
| CAD → NPR | 111.0 |
| AUD → NPR | 109.34 |
| GBP → NPR | 206.04 |
| JPY → NPR | 9.64 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4563.91 | NPR 262,555.76 |
| Silver | $77.84 | NPR 4,478.03 |
Metal Prices (Nepal)
| Metal | Price (NPR/tola) |
|---|---|
| Fine Gold (9999) | NPR 292,800.00 |
| Silver | NPR 5,150.00 |
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.