AGP Executive Report
Last update: 5 hours agoBIMSTEC Security: National security chiefs from BIMSTEC countries, hosted by India’s NSA Ajit Doval, vowed joint action against terrorism, organised crime and new threats, adopting maritime law-enforcement and humanitarian disaster-relief guidelines. Constitution Reform: A taskforce preparing a constitution amendment discussion paper has submitted its report to the PMO after weeks of consultations with experts and thousands of public suggestions. Finance & Banking: NRB Governor Bishwanath Poudel said monetary policy is aligned with the budget, while NRB fixed an 80% loan-to-value cap for large passenger EVs and postponed a working-capital loan variance rule to FY 2027/28; commercial banks also trimmed deposit rates to about 4.17%. Markets: NEPSE ended the fiscal year up 7.50 points to 2,597.80 on Thursday, with turnover at Rs 4.56 billion. Politics: Cabinet restored lawmakers’ right to appoint personal secretaries; NC’s Koshi chapter decided not to immediately recall ministers; a no-confidence motion was filed against Karnali CM Yam Lal Kandel; and an arrest warrant was issued for NC lawmaker Abhishek Pratap Shah. Crime & Courts: The money laundering probe filed a case against former finance minister Bishnu Paudel seeking recovery of Rs 209 million. Weather & Roads: Heavy rain and landslides blocked seven major highways and disrupted travel across multiple districts. Nepal-India Ties: India’s MEA senior official Munu Mahawar met Nepal’s FM Shisir Khanal and Foreign Secretary Amrit Bahadur Rai to deepen cooperation across sectors.
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