AGP Executive Report
Last update: 8 hours agoNepal–India Digital Payments: Nepal and India have officially gone live with a real-time cross-border payment system linking UPI and Nepal’s NPI, aiming to cut remittance costs and speed up person-to-person transfers via mobile numbers, VPAs and UPI IDs. Parliament Watch: With opposition obstruction ended, the House of Representatives resumed and MPs used the emergency hour to press the government on human trafficking, violence against women, foreign employment misdeeds and religious conversion. Border Row Clarified: Foreign Minister Shishir Khanal told parliament Nepal is not seeking third-party mediation on the India border dispute, saying the issue is being handled bilaterally through diplomacy and technical mapping over cross-border occupation. Energy & Infrastructure: MCA-Nepal broke ground on new substations and a 297km transmission line under the MCC electricity transmission project, while a 220kV switchyard in Myagdi has started operating to connect Rahughat corridor power to the national grid. Trade & Economy: NEPSE inched up 2.57 points to close at 2,736.17 as daily turnover fell; meanwhile, Nepal denied any ban on Indian mangoes, saying restrictions are technical phytosanitary measures and imports continue with required certificates. Sports: Nepal’s women’s team was knocked out by Thailand in the ACC Women’s Premier Cup quarterfinal. Mount Everest Update: A Nepali climber abandoned on Everest for six days has been moved out of ICU and is slowly recovering.
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