Today’s developments center on governance and leadership coordination alongside flood-linked disruptions and continued responses across provinces.
Politics & Governance
Prime Minister Balen Shah is set to meet the ambassadors of India and China in separate talks in Kathmandu, with the Indian Ambassador Naveen Srivastava at 11:00 AM and the Chinese Ambassador Zhang Maoming at 3:00 PM. The meetings are described as his first individual discussions with the ambassadors since taking office four months ago, reflecting a renewed focus on foreign engagement. Prime Minister Balen Shah will also be closely watched for follow-ups to regional diplomacy.
Separately, Karnali Province Chief Minister Mangal Bahadur Shahi said the provincial Cabinet could be expanded after a three-point agreement between the CPN-UML and the Nepali Communist Party. Shahi added that discussions are ongoing and that regular government work will continue during the process. Karnali Province to expand Cabinet will require further decisions on ministerial allocations following the agreement.
Courts & Accountability
Purnabadhur Khadka urged Gagan Thapa to stay firm, framing Thapa as a key figure in maintaining overall party unity. The appeal was made amid continued discussions about party cohesion and leadership dynamics. Purnabadhur Khadka’s appeal
Meanwhile, the Rastriya Swatantra Party has launched a program requiring ministers and representatives to connect with people and use public feedback to shape national policy discussions. Under the “Civic, Policy and Leadership” initiative, ministers will attend the central party office monthly, followed by internal strategy meetings to address issues raised. RSP civic, policy and leadership program is intended to strengthen transparency and accountability in governance through direct dialogue.
Economy & Business
Hulas Finserv reported a net profit of NPR 398.7 million for fiscal year 2082/83, with net profit up 84.45% year-on-year. The company’s distributable profit is stated at NPR 774 million, supporting a dividend distribution capacity of about 93% of paid-up capital, while non-performing loans fell from 3.40% to 1.87%. Hulas Finserv distributable profit
Society & Community
Continuous rainfall has led to floods and landslides that disrupted multiple Nepali highways, with different sections in various provinces affected. Reports note partial openings in some areas of the Koshi region but complete closures in certain stretches including the BP Highway in Kavre and the Bhote Koshi area in Sindhupalchok, along with traffic restrictions for safety. Highways blocked due to floods and landslides
In Solukhumbu, landslides triggered by ongoing rainfall have put two ward office buildings at high risk and displaced 11 families, with worsening conditions cited by local officials. The affected offices are in Tamakhani of Solududhkunda Municipality-3 and Sotang Rural Municipality-4, with residents urged to relocate to safer areas. Landslide risk to ward offices in Solukhumbu
Date: August 10, 2026 (AD) | B.S.: Shrawan 25, 2083
Top News
1. ४० करोड नाफा गरेको हुलास फिनसर्भको वितरणयोग्य नाफा ७७ करोड, लाभांश क्षमता ९३ प्रतिशत (www.ratopati.com)
Hulas Finserv, led by businessman Shekhar Golchha, reported a net profit of NPR 398.7 million for the fiscal year 2082/83, marking an 84.45% increase from the previous year. The company’s distributable profit stands at NPR 774 million, allowing for a dividend distribution capacity of approximately 93% of its paid-up capital. Hulas Finserv has also improved its asset quality, reducing its non-performing loan ratio from 3.40% to 1.87% over the year.
2. बाढी पहिरोका कारण विभिन्न राजमार्ग अवरुद्ध : कुन सडकको अवस्था कस्तो ? (www.ratopati.com)
Main highways across Nepal have been disrupted due to continuous rainfall, flooding, and landslides. In Koshi Province, the Mid-Hill Highway and Mechi Highway are affected, with partial openings in some areas, while several routes in Bagmati, Gandaki, and Karnali Provinces are fully or partially blocked. Specific sections, such as the BP Highway in Kavre and the Bhote Koshi area in Sindhupalchok, are completely closed due to landslides and flooding, prompting traffic restrictions during certain hours for safety.
3. गगनलाई पूर्णबहादुरको अपिल- पार्टीको सम्पूर्ण एकताको निर्णायक तपाईँ हो, हिम्मत राख्नुस् (www.onlinekhabar.com)
Purnabadhur Khadka has appealed to Gagan Thapa, emphasizing that he is crucial for the unity of the party and urging him to remain courageous. This call comes amid ongoing discussions about party cohesion and leadership dynamics.
4. Unity in diversity bolsters national integrity: President Paudel (theannapurnaexpress.com)
President Ram Chandra Paudel emphasized the importance of unity in diversity for national integrity during an event for the 32nd International Day of the World's Indigenous Peoples. He highlighted the Constitution's recognition of rights for all communities and noted a 36.8 percent participation of indigenous peoples at the local level, urging for increased access to education to support their advancement. Paudel affirmed the government's duty to ensure meaningful participation of indigenous nationalities in policy-making.
5. सोलुखुम्बुमा पहिरोका कारण दुई वडा कार्यालय जोखिममा, ११ परिवार विस्थापित (nepalnews.com)
In Solukhumbu, continuous rainfall has triggered landslides, putting two ward office buildings at high risk and displacing 11 families. The ward offices in Tamakhani of Solududhkunda Municipality-3 and Sotang Rural Municipality-4 are affected, with nearby structures also in danger. Local officials report that the situation is worsening, urging residents to remain vigilant and relocate to safer areas as the risk of further landslides persists.
6. RSP for leadership, ministers, representatives to get connected to people, national policies (theannapurnaexpress.com)
The Rastriya Swatantra Party (RSP) has initiated a program requiring ministers to attend the Central Party Office monthly to engage with citizens and gather feedback on national policies. The 'Civic, Policy and Leadership' program, starting mid-August, aims to enhance transparency and accountability in governance by facilitating direct dialogue between elected officials and the public. The first phase will involve citizen engagement sessions, followed by strategy meetings among ministers and party members to address the issues raised.
7. Instability holding back Nepali sports: NOC President Shrestha (risingnepaldaily.com)
NOC President Ram Chandra Shrestha stated that ongoing instability is hindering the development of sports in Nepal. He emphasized the need for a stable environment to foster growth and success in the country's sports sector.
8. प्रधानमन्त्री शाहले आज भारत र चीनका राजदूतसँग छुट्टाछुट्टै भेटवार्ता गर्ने (rajdhanidaily.com)
Prime Minister Balen Shah is scheduled to hold separate meetings today with the ambassadors of India and China in Kathmandu. He will meet Indian Ambassador Naveen Srivastava at 11:00 AM and Chinese Ambassador Zhang Maoming at 3:00 PM, marking his first individual discussions with these ambassadors since taking office four months ago.
9. Karnali Province to expand Cabinet after three-point agreement (theannapurnaexpress.com)
Karnali Province Chief Minister Mangal Bahadur Shahi announced plans to expand the provincial Cabinet following a three-point agreement between the CPN-UML and the Nepali Communist Party. Discussions are ongoing, and Shahi emphasized that while the process has taken time, government activities continue as usual.
10. मधेशमा मन्त्रालय र निकाय पुनरावलोकन गर्दै सरकार (www.onlinekhabar.com)
The government is reviewing ministries and agencies in Madhesh Province to enhance efficiency and accountability. This initiative aims to streamline operations and address any existing issues within the provincial administration.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 152.64 |
| CAD → NPR | 109.49 |
| AUD → NPR | 107.89 |
| GBP → NPR | 205.94 |
| JPY → NPR | 9.67 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4336.11 | NPR 248,198.67 |
| Silver | $63.82 | NPR 3,653.05 |
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.
