Today’s developments center on government and legal actions alongside trade, financial oversight, and disaster impacts across Nepal.
Politics & Governance
The government has formed a special task force to identify and resolve problems affecting tea exports, aiming to support the tea industry through targeted interventions. In related public engagement at the local level, an artificial emergency drill was conducted in Tilathi Koiladi to strengthen coordination among agencies and improve disaster response readiness.
Courts & Accountability
In the Vinod Shah murder case, the High Court overturned an earlier decision and sentenced six people, including a municipal party chairperson from the Nepali Congress, to life imprisonment. Separately, the arrest of UML Vice Chair Paudel in connection with money laundering reinforced continuing accountability actions involving senior political figures.
Economy & Business
Nepal’s exports reached a record high of Rs. 278 billion, reflecting expanding demand for Nepali exports in international markets. At the same time, Nepal continues to remain on the FATF grey list due to gaps in anti-money laundering and counter-terrorism financing measures, with FATF urging stronger implementation of the agreed action plan.
Society & Community
Heavy rainfall triggered landslides in Sankhuwasabha, displacing three families and forcing some households to seek shelter with neighbors while police managed evacuations and assessed buried farmland. Meanwhile, in parallel to national compliance concerns, investigative scrutiny is extending to the political sphere after Paudel’s detention by the Asset Laundering Prevention Department in Surkhet.
Date: June 23, 2026 (AD) | B.S.: Asar 09, 2083
Top News
1. चिया निर्यात समस्याको पहिचान र समाधानका लागि सरकारले बनायो विशेष कार्यदल (www.onlinekhabar.com)
The government has formed a special task force to identify and resolve issues related to tea exports. This initiative aims to address the challenges faced by the tea industry in Nepal.
2. विनोद शाही हत्या : उच्चले उल्ट्यायो फैसला, कांग्रेस नगर सभापतिसहित ६ जनालाई जन्म कैद (www.onlinekhabar.com)
The High Court has overturned a previous decision in the Vinod Shah murder case, sentencing six individuals, including the Congress municipality chairperson, to life imprisonment. This ruling marks a significant development in the ongoing legal proceedings surrounding the case.
3. अशोक राईले दिए नयाँ पार्टी दर्ताका लागि निवेदन (www.ratopati.com)
Ashok Kumar Rai's group has submitted an application to the Election Commission for the registration of a new party named 'Socialist Party' after the Supreme Court denied legal recognition to their previously formed party. The new party aims to promote socialism with Nepali characteristics and includes a central committee of 28 members, with Rai as president and several vice presidents. Following a legal dispute with Upendra Yadav's faction, which led to the dissolution of their previous party, Rai's group is now focused on organizational growth and nationwide expansion upon receiving formal recognition.
4. एमाले उपाध्यक्ष पौडेल सम्पत्ति शुद्धीकरण विभागको नियन्त्रणमा (newsofnepal.com)
Vice Chairman of the Communist Party of Nepal (UML) and former Finance Minister Vishnu Prasad Paudel has been detained by the Asset Laundering Prevention Department in Surkhet. He was apprehended at Shub Hotel while attending a party program, with investigations focusing on suspicious sources of his share transactions and assets under the Asset Laundering Prevention Act of 2008. Paudel is currently held at the Surkhet District Police Office, and arrangements are being made to transfer him to Kathmandu for further legal proceedings.
5. Artificial disaster simulation performed in Tilathi Koiladi (risingnepaldaily.com)
An artificial disaster simulation was conducted in Tilathi Koiladi to enhance preparedness for emergency situations. The exercise aimed to improve coordination among local agencies and assess response capabilities in the event of a real disaster.
6. Nepal continues to remain on FATF grey list (theannapurnaexpress.com)
Nepal remains on the Financial Action Task Force (FATF) grey list due to insufficient progress in addressing anti-money laundering and counter-terrorist financing deficiencies. The FATF has urged Nepal to implement its action plan effectively, enhance supervision in high-risk sectors, and improve the capacity of investigative agencies. Nepal was placed on the grey list in February 2025 and is working on a 15-point reform plan to strengthen its financial compliance.
7. Nepal's exports at historic high of Rs. 278B (risingnepaldaily.com)
Nepal's exports have reached a record high of Rs. 278 billion, marking a significant milestone for the country's trade sector. This achievement reflects the growing demand for Nepali goods in international markets.
8. Landslides displace three families in Sankhuwasabha (theannapurnaexpress.com)
Three families have been displaced due to landslides in Sankhuwasabha, specifically in Khandbari Municipality and Sabhapokhari Rural Municipality, following heavy rains. The affected families, including two four-member households and one six-member household, are currently seeking shelter with neighbors, while police have evacuated others at risk and confirmed that arable land in Dhupu has been buried.
9. UML Vice Chair Paudel arrested (theannapurnaexpress.com)
CPN-UML Vice Chair Bishnu Paudel was arrested in Surkhet on charges of money laundering. He was taken into custody from Shuva Hotel during a UML election review program and is being transported to Kathmandu. Paudel, a former Finance Minister, is originally from Butwal and currently resides in Kathmandu.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 151.79 |
| CAD → NPR | 107.07 |
| AUD → NPR | 106.27 |
| GBP → NPR | 200.93 |
| JPY → NPR | 9.38 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4128.0 | NPR 234,970.67 |
| Silver | $62.8 | NPR 3,574.65 |
Metal Prices (Nepal)
| Metal | Price (NPR/tola) |
|---|---|
| Fine Gold (9999) | NPR 287,100.00 |
| Silver | NPR 4,590.00 |
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.
