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Today’s national news in a nutshell

Khabarhub

April 2, 2024

6 MIN READ

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the day in Nepal, including politics, business/economy, sports, entertainment, and more.

Bagmati Province cabinet reshuffle: Four UML lawmakers sworn in as ministers

On Tuesday, four newly appointed ministers from the CPN-UML have taken the oath of office and secrecy in Bagmati Province. The four newly appointed ministers were administered the oath by Province Chief Yadav Chandra Sharma. Previously, Chief Minister Shalikram Jamkattel had appointed four members from the UML as ministers.

Maoist’s former Commander Kali Bahadur Kham arrested in Kathamandu

Former Maoist Commander Kali Bahadur Kham has been arrested from Thamel, Kathmandu. According to SP Navaraj Adhikari, the spokesperson of the Kathmandu Metropolitan Police Range, Kham was taken into custody on Tuesday. He had been on the run since the murder case of Ramhari Shrestha, a trader from Ramechhap running a business in Kathmandu. Kham had been absconding for 15 years.

Karnali Chief Minister claim: Province Assembly meeting postponed till Wednesday

The scheduled meeting of the Karnali Province Assembly has been postponed. The meeting, originally planned for Tuesday at 3 pm, during which Chief Minister Rajkumar Sharma was expected to seek a vote of confidence, has been deferred. The decision to postpone the meeting was made due to a lack of consensus between the CPN-Maoist and the CPN-UML. According to Province Assembly Secretariat the rescheduled meeting will now take place on Wednesday at 3 pm.

World Bank forecasts Nepal’s economic growth at 3.3% for FY2024

The World Bank (WB) has projected Nepal’s economy to grow by 3.3% in Fiscal Year 2024, attributing the growth to the resurgence of tourism and an uptick in hydropower exports. According to the WB’s twice-yearly country development update, private consumption is expected to be the main driver of growth, fueled by a significant rise in remittance inflows. While the country’s economy is on a path of recovery, private investment remains low. The WB anticipates a further rebound in growth, projecting it to reach 4.6% in FY25.

SMS Friendship Cup: Nepal beats Baroda by 27 runs

Nepal clinched another victory in the ongoing SMS Friendship Cup in India by defeating Baroda with a margin of 27 runs on Tuesday. This marks Nepal’s second consecutive win in the tournament. Baroda, aiming for a target of 157 runs, managed to score 129 runs after losing all their wickets in 20 overs. Karan KC took 3 wickets, conceding 24 runs in 4 overs, while Sompal Kami claimed 2 wickets, giving away 20 runs in 4 overs. Abinash Bohara took 2, Gulshan Jha and Dipendra Singh Airee grabbed 1 wicket each.

Nepali Congress accuses Labor Minister Aryal of involvement in cooperative fraud

Nepali Congress, the main opposition party, has leveled allegations against Minister of Labor, Employment, and Social Security DP Aryal, implicating him in a cooperative fraud case. During Tuesday’s House of Representatives (HoR) meeting, Nepali Congress member Ram Krishna Yadav accused Minister Aryal and Rastriya Swatantra Party (RSP) deputy general secretary of being involved in fraudulent activities related to a cooperative.

Sudurpaschim Province CM Shah to seek vote of confidence on April 4

Chief Minister Kamal Bahadur Shah of Sudurpaschim Province is slated to undergo a vote of confidence on Thursday. CM Shah lodged a proposal for the vote of confidence at the Provincial Secretariat on Tuesday. Following the recent formation of a new alliance at the federal level, CM Shah dismissed ministers affiliated with CPN (Maoist Center).

Ruling alliance decides Chief Minister allocations for seven Provinces

The ruling alliance, comprising four major political parties, has finalized the allocation of Chief Minister posts for all seven provinces in Nepal. In a crucial meeting held on Monday, key leaders of the alliance, including Prime Minister and Chairman of CPN (Maoist Center), KP Sharma Oli; Chairman of CPN-UML, Upendra Yadav, Health Minister, and Chairman of Janata Samajbadi Party; and Chairman of CPN (Unified Socialist), Mahav Nepal, reached a consensus. According to the agreement, CPN (Maoist Center) will assume leadership in Bagmati and Lumbini Provinces, while CPN-UML will take charge in Gandaki, Karnali, and Koshi Provinces.

NEPSE records single-digit decline on Tuesday

The Nepal Stock Exchange (NEPSE) saw a single-digit decline on Tuesday, marking the third trading day of the week. The NEPSE index dropped by 1.85 points, settling at 2010.21 points today. During today’s trading session, a total of 6,131,021 shares of 312 companies were traded, resulting in a turnover of Rs 2,291,645,585.

Supreme Court embarks on mission to clear cases older than five years

Chief Justice (CJ) Bishwambhar Prasad Shrestha has announced a dedicated mission by the Supreme Court (SC) to clear cases older than five years, reaffirming the judiciary’s commitment to expedite the justice delivery process. In a discussion with journalists, CJ Shrestha disclosed that the SC has effectively tackled the backlog, with only 40 cases remaining older than 10 years. Furthermore, he emphasized ongoing efforts to address cases registered five years ago.

63 climbers receive permits for Mt Everest expedition in Spring

The Department of Tourism has issued permits to 63 mountaineers, comprising 13 women and 50 men, to ascend Mt Everest during this year’s spring season. These permits were obtained by five different expedition teams by Monday. Chun Bahadur Tamang, Section Officer of the Department, disclosed that a total of 148 individuals, including 42 women, have been granted permits to climb various mountains, with the collection of 105.59 million rupees in royalty thus far.

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