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AGP Executive Report

Last update: 3 hours ago

Cricket Pressure: Nepal’s World Cup League-2 campaign hit another snag as the Netherlands beat Nepal by 6 wickets after Nepal were all out for 157; Arif Sheikh top-scored with 41, but the top order again failed and Nepal now face Namibia next. Electricity Exports: Nepal recorded an electricity trade surplus of Rs18.76 billion in FY 2025-26, exporting power worth Rs29.32 billion to India and Bangladesh while imports fell to Rs10.55 billion. Foreign Trade Record: Nepal’s total foreign trade jumped 15.88% to over Rs2,410 billion in FY 2025/26, with imports rising faster than exports and the trade deficit widening to Rs1,781 billion. NRB Rules Update: Nepal Rastra Bank clarified foreign exchange rules, allowing Indian Rs 200 and Rs 500 notes up to Rs25,000 per person, while setting a US$5,000 carry limit for other foreign currencies without customs declaration. Energy Regulation: The government reappointed Dr Ram Prasad Dhital as ERC chair and named three members, with the new team taking oath and promising reforms. Politics in Flux: The Deuba faction filed a review petition at the Supreme Court over the NC working committee dispute, while NCP in Karnali backed a no-confidence motion against the UML-led provincial government. FATF Move: Finance Minister Swarnim Wagle said the government is working to get Nepal off FATF’s Grey List by improving tax transparency and anti-money laundering monitoring. Business & Markets: NEPSE inched up to close at 2,726.72 points, though daily turnover slipped to Rs4.69 billion. Telecom Concern: Ncell urged the government to review the 25-year telecom licensing ownership dispute, warning it could hurt service continuity and the digital economy.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 8, 2026

2510.org unveils Nepal 2035 policy blueprint for long-term reform

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Jul. 23, 2026

South Asian survivors struggle to access sexual violence compensation

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Jun. 9, 2026

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Jul. 21, 2026

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5 hours ago

Nimsdai Foundation Honors the Unsung Heroes of Everest with Landmark Porter House

EIN Presswire

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Jul. 15, 2026

National Productivity Master Plan Sets Nepal on a Decade-long Path toward Higher Productivity, Competitiveness, and Inclusive Growth

GlobeNewswire, Inc.

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Jul. 8, 2026

Nepal 2035: A Policy Blueprint to Build the 'Switzerland of South Asia'

EIN Presswire

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Jul. 23, 2026

From Learning to Leadership: Strengthening Road Safety Across Asia-Pacific

UN International Training and Research Center

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Jun. 30, 2026

Himalayan Harmony Group Lists Five Licensed Platforms for FIFA Club World Cup Betting in Nepal

GlobeNewswire, Inc.

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Jul. 23, 2026

Survivors of sexual violence in South Asia struggle to access compensation, new report finds

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