Bagmati Politics: Kiran Thapa Magar was sworn in as Bagmati chief minister and formed a seven-member Cabinet, backed by CPN-UML, the Nepali Communist Party and Rastriya Prajatantra Party. Parliament & Governance: The Speaker ordered PM Balendra Shah to appear in the House on Aug 26 after months of absence, while Rabi Lamichhane warned that a two-thirds majority alone is not enough for constitutional amendments. Foreign Aid Crunch: Finance Minister Swarnim Wagle said foreign grants and highly concessional loans are shrinking, pushing Nepal to mobilise private capital; the Public Accounts Committee also directed reforms for results-based foreign aid management. Central Bank Reform: A parliamentary panel agreed to cut Nepal Rastra Bank governor and board tenure to three years (extendable by two). Anti-Corruption: CIAA-linked money laundering scrutiny began into contractor Nabin Raj Basnet, tied to ex-CAAN chief Pradeep Adhikari. Energy & Consumer Safety: A House committee ordered a modern tracking system for LPG cylinders and separate records for commercial vs household use. Markets: NEPSE jumped 7.17 points to close at 2,629.40. Public Health: Dengue cases have spread across Nepal, with authorities warning of further rise during/after monsoon as World Mosquito Day is marked. Trade & Transport: Mastercard and MOCO launched a QR payment solution for international visitors using existing cards; 100 EVs were imported via Korala in the first month, bringing Rs 290 million in revenue.