Politics & Governance
Lumbini Province announced it will reduce the number of ministries from 12 to 8 from Shrawan 1, aiming to improve efficiency and cut costs under its upcoming fiscal-year policy framework. The province leadership said the restructuring will prioritize agriculture, tourism, infrastructure, employment, education, health, and good governance. Bagmati Province is also set to unveil its policies and programmes today, outlining its strategic initiatives for the coming period.
Courts & Accountability
Nepal’s Supreme Court issued an interim order barring the arrest of former Prime Minister Sher Bahadur Deuba and Arzu Rana Deuba while legal questions over jurisdiction and the current warrant are addressed. The order followed the asset recovery department’s actions related to a potential Interpol Red Notice, but the court indicated arrest could still become possible if a new warrant is issued by the Special Court. Separate reporting also described the Kathmandu District Court warrant as invalid for the case on jurisdiction grounds, with the couple currently abroad.
Economy & Business
Madhes reported higher industrial capacity utilization, rising to 37%, alongside an expansion in credit flow to support further industrial development. In the energy sector, Minister Shrestha said reservoir-based hydropower projects should be prioritized to strengthen energy security and advance sustainable development. CAAN also reported leadership change with Mukesh Dangol appointed as Director General following a cabinet decision.
Society & Community
Kathmandu Metropolitan City issued a 15-day ultimatum to Gorkha Media Network tied to “Galaxy 4K” television, warning that failure to vacate could lead to auction of belongings under the Metropolitan Dispute Resolution Act. In extreme sports, trans woman Nilam Paudel completed a successful Mount Everest ascent, marking increased representation of transgender people in high-altitude athletics in Nepal. The CAAN announcement period also included reporting on traffic fine collections in the Kathmandu Valley and ongoing work to study a border dispute involving Bajura and Humla.
Date: May 26, 2026 (AD) | B.S.: Jestha 12, 2083
Top News
1. ‘ग्यालेक्सी फोरके’ लाई घर खाली गर्न १५ दिने अल्टिमेटम, नगरे सामान लिलाम गर्ने चेतावनी ! (arthasarokar.com)
Gorkha Media Network has been given a 15-day ultimatum by the Kathmandu Metropolitan City to vacate the premises housing 'Galaxy 4K' television. Failure to comply will result in the auction of their belongings under Section 70 of the Metropolitan Dispute Resolution Act, 2075. This decision follows a request from Mrigendra Prasad Mishra, who sought eviction due to unpaid rent, leading to a court order for compliance within two months.
2. सहकारीको २१ अर्ब ठगलाई राज्यकै संरक्षण : गोल्छादेखि पाण्डेसम्म समातिए, भेटिएनन् जीबी राई ! (www.onlinekhabar.com)
A significant fraud involving 21 billion Nepalese Rupees in cooperatives has allegedly received state protection, with key figures like Golchha and Pandey being arrested. However, G.B. Rai remains unaccounted for in the ongoing investigation.
3. Madhes industrial capacity utilisation rises to 37%, credit flow expands (risingnepaldaily.com)
Madhes' industrial capacity utilization has increased to 37%, indicating a growth in production efficiency. Additionally, there has been an expansion in credit flow to support further industrial development in the region.
4. मन्त्रालयको संख्या घटाउने लुम्बिनी प्रदेश सरकारको घोषणा, १२ बाट ८ मा झारिने ! (arthasarokar.com)
The Lumbini Province government has announced a reduction in the number of ministries from 12 to 8 as part of its policy and program for the upcoming fiscal year 2083/84. Provincial Chief Krishna Bahadur Gharti Magar stated that this restructuring aims to make government operations more efficient and cost-effective, with a focus on agriculture, tourism, infrastructure development, employment, education, health, and good governance. The new structure will take effect from Shrawan 1.
5. Minister Shrestha stresses priority to reservoir-based hydropower projects (risingnepaldaily.com)
Minister Shrestha emphasized the importance of prioritizing reservoir-based hydropower projects in Nepal. He highlighted their potential to enhance energy security and support sustainable development in the country.
6. देउवा दम्पत्तिलाई पक्राउ नगर्न सर्वोच्चको आदेश, अब के हुन्छ ? (arthasarokar.com)
The Supreme Court of Nepal has issued an interim order preventing the arrest of former Prime Minister Sher Bahadur Deuba and his wife Arzu Rana Deuba. This decision comes in response to a request from the asset recovery department, which had prepared to issue an Interpol Red Notice against them. While the court has blocked their arrest based on the current warrant, legal experts indicate that a new warrant from a special court could still lead to their arrest. The Deuba couple is currently in Hong Kong.
7. Bagmati Province govt unveiling policies and programmes today (risingnepaldaily.com)
Bagmati Province government is set to unveil its policies and programs today. This announcement will outline the province's strategic initiatives and governance plans for the upcoming period.
8. SC issues interim order against arrest of Deuba couple (theannapurnaexpress.com)
The Supreme Court has issued an interim order preventing the arrest of former Prime Minister Sher Bahadur Deuba and his wife Arzu Rana Deuba, who are accused of illegally accumulating wealth. The court ruled that the arrest warrant issued by the Kathmandu District Court is invalid, as the case falls under the jurisdiction of the Special Court. The couple has been abroad since the new government was formed, and INTERPOL declined a request for their arrest due to insufficient grounds.
9. ट्रान्स महिला निलम पौडेलले गरिन् सगरमाथा आरोहण (www.onlinekhabar.com)
Trans woman Nilam Paudel successfully summited Mount Everest, becoming a notable figure in the climbing community. This achievement highlights the growing representation of transgender individuals in extreme sports in Nepal.
10. Mukesh Dangol appointed as Director General of CAAN (theannapurnaexpress.com)
Mukesh Dangol has been appointed as the Director General of the Civil Aviation Authority of Nepal (CAAN) following a Cabinet meeting decision. The government also formed a committee to study the Bajura-Humla border dispute and reported over Rs 479,000 collected in traffic fines in the Kathmandu Valley. Additionally, the gold price dropped by Rs 2,800 per tola, and the Supreme Court issued an interim order against the arrest of the Deuba couple.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 152.68 |
| CAD → NPR | 110.54 |
| AUD → NPR | 109.46 |
| GBP → NPR | 206.05 |
| JPY → NPR | 9.61 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4530.57 | NPR 259,397.51 |
| Silver | $76.71 | NPR 4,392.03 |
Metal Prices (Nepal)
| Metal | Price (NPR/tola) |
|---|---|
| Fine Gold (9999) | NPR 291,500.00 |
| Silver | NPR 5,060.00 |
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.
