Today's news centers on governance moves, accountability actions, and ongoing pressures on the economy, rights, and public life.
Politics & Governance
Nepal’s parliament is set to push forward the ratification of the International Labour Organization’s Forced Labour Convention, as reported in international labor organizations binding labor convention being pushed forward in parliament. The move targets stronger measures against forced labor while shaping future labor rights enforcement.
The government’s first hundred days progress claims continue alongside financial-crime actions, including the creation of an asset investigation commission and cases against Balen government claims 87 percent progress, names 101 in money-laundering cases. Meanwhile, the Nepali Congress has announced it will seek court review of the regulations passed by the House of Representatives, as detailed in Congress to go to court against regulations passed by house of representatives.
Courts & Accountability
The Central Investigation Bureau has arrested accounts officer Inspector Kalpana Gurung and associate Lilabahadur Lama in an APF School financial irregularity case, according to APF स्कुलको ९ करोड अनियमितता प्रकरण: लेखा अधिकृत गुरुङ र उनका साथी पक्राउ. Investigators allege around NPR 9 crore meant for a welfare fund remains unaccounted for, with funds reportedly moved to private accounts linked to Lama, raising fraud and money-laundering concerns.
Separately, the government’s anti-corruption drive includes an asset investigation commission and multiple financial-crime cases, as cited in Balen government claims 87 percent progress, names 101 in money-laundering cases. The Congress decision to challenge the House-passed regulations in court further highlights active legal contestation over governance rules, noted in Congress to go to court against regulations passed by house of representatives.
Economy & Business
As Nepal Rastra Bank prepares to issue the 2026/27 monetary policy, private sector groups are urging a growth-oriented stance, including higher credit growth and lower interest rates, as outlined in Expectations of the private sector from monetary policy. Investors’ groups also seek more flexibility in investment regulations to support liquidity and market activity, according to the same brief.
In tourism, the decline in Tourist arrivals decline in Langtang National Park, revenue collection also falls has reduced revenue collection tied to visitor activity. These shifts come alongside enforcement and service-delivery efforts such as Over 2,000 vehicles fined for violating traffic rules in 24 hours and a ministerial inspection of government offices in Dhankuta, reported in Minister Gurung inspects govt offices in Dhankuta.
Society & Community
Human-wildlife conflict remains a priority for government action, with Minister Gautam stating the authorities are serious about achieving a permanent solution, as reported in human-wildlife conflict commitment: the government is serious about a permanent solution. The statement emphasizes implementing measures to reduce ongoing clashes between communities and wildlife.
Road safety and public compliance also featured in recent activity, including mass traffic enforcement with Over 2,000 vehicles fined for violating traffic rules in 24 hours. In parallel, the Foreign Ministry’s early achievements on consular support included help for people scammed online, detailed in Foreign Ministry shares accomplishments.
Date: July 06, 2026 (AD) | B.S.: Asar 22, 2083
Top News
1. एपीएफ स्कुलको ९ करोड अनियमितता प्रकरण: लेखा अधिकृत गुरुङ र उनका साथी पक्राउ (newsofnepal.com)
In a significant development regarding financial irregularities at the APF School, the Central Investigation Bureau (CIB) has arrested accounts officer Inspector Kalpana Gurung and her associate Lilabahadur Lama. They are being investigated for criminal breach of trust, fraud, and money laundering, with approximately NPR 9 crore still unaccounted for in the welfare fund. The investigation revealed that Gurung allegedly transferred funds meant for the welfare fund to private accounts linked to Lama, raising concerns about internal controls and management practices within the Armed Police Force.
2. संसद्मा अघि बढाइँदै अन्तर्राष्ट्रिय श्रम संगठनको बाध्यकारी श्रम महासन्धि (www.onlinekhabar.com)
The Nepali Parliament is set to advance the ratification of the International Labour Organization's (ILO) Forced Labour Convention. This decision aims to strengthen labor rights and combat forced labor practices within the country.
3. Tourist arrivals decline in Langtang National Park, revenue collection also falls (risingnepaldaily.com)
Tourist arrivals in Langtang National Park have decreased significantly, leading to a drop in revenue collection. The decline is attributed to various factors affecting tourism in the region.
4. मानव–वन्यजन्तु द्वन्द्वको स्थायी समाधानका लागि सरकार गम्भीर छ : मन्त्री गौतम (www.onlinekhabar.com)
Minister Gautam stated that the government is serious about finding a permanent solution to human-wildlife conflict. He emphasized the need for effective measures to address the ongoing issues between humans and wildlife in Nepal.
5. Balen government claims 87 percent progress, names 101 in money-laundering cases (english.onlinekhabar.com)
Prime Minister Balendra Shah's government claims 87.2 percent progress in its first hundred days, with 70 percent of its hundred-point governance reform agenda fully completed. The government has formed an asset investigation commission to probe the assets of political office-holders and senior officials, and has filed seven cases against 101 individuals for financial crimes and money laundering, seeking 118 billion rupees in damages. Additionally, the government is implementing various inquiry reports related to corruption and has initiated the establishment of a digital asset-tracking system to enhance anti-corruption efforts.
6. Over 2,000 vehicles fined for violating traffic rules in 24 hours (risingnepaldaily.com)
More than 2,000 vehicles were fined for traffic rule violations within a 24-hour period. This enforcement action highlights ongoing efforts to improve road safety and compliance with traffic regulations.
7. Minister Gurung inspects govt offices in Dhankuta (risingnepaldaily.com)
Minister Gurung conducted an inspection of government offices in Dhankuta to assess their operations and efficiency. The visit aimed to ensure that public services are being delivered effectively to the local population.
8. Expectations of the private sector from monetary policy (theannapurnaexpress.com)
As Nepal Rastra Bank prepares to announce the monetary policy for fiscal year 2026/27, the private sector is urging a more growth-oriented approach to stimulate the sluggish economy. The Nepal Chamber of Commerce and the Confederation of Nepalese Industries have made recommendations including ensuring over 20% credit growth, maintaining single-digit interest rates, and reforming monetary practices to boost investment and production. Additionally, the Nepal Sharemarket Investors Association is advocating for greater flexibility in investment regulations for banks and financial institutions to enhance market liquidity.
9. 100 days of government: Foreign Ministry shares accomplishments (theannapurnaexpress.com)
In its first 100 days, the Foreign Ministry highlighted several achievements, including the launch of the MoFA App, online legal consultations, and the rescue of 819 individuals from online scams in Southeast Asia. The government has also requested a deferral of Nepal's graduation from Least Developed Country status to November 2026 due to economic conditions, while engaging in bilateral talks with various nations and promoting safe foreign employment for Nepali workers. Additionally, the Ministry is working on cultural initiatives and has received nearly 3,000 applications for ambassador appointments.
10. प्रतिनिधिसभाबाट पारित नियमावलीविरुद्ध अदालत जाँदै कांग्रेस (www.onlinekhabar.com)
The Nepali Congress party is set to challenge the recently passed regulations by the House of Representatives in court. This move comes in response to concerns regarding the legality and implications of the new rules.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 152.64 |
| CAD → NPR | 107.5 |
| AUD → NPR | 105.94 |
| GBP → NPR | 203.81 |
| JPY → NPR | 9.46 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4152.18 | NPR 237,670.53 |
| Silver | $61.8 | NPR 3,537.43 |
Metal Prices (Nepal)
| Metal | Price (NPR/tola) |
|---|---|
| Fine Gold (9999) | NPR 289,400.00 |
| Silver | NPR 4,585.00 |
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.
