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

SC overturns land swap decision involving Giri Bandhu Tea Estate made by former Oli government

The Supreme Court (SC) has nullified the decision of the previous government led by KP Oli, allowing land swapping in the Giri Bandhu Tea Estate case in Jhapa. The Constitutional Bench, comprising Chief Justice Bishowambhar Prasad Shrestha, and Justices Ishwar Prasad Khatiwada, Prakash Man Singh Raut, Sapana Pradhan Malla and Sushma Lata Mathema, declared the decision void on Wednesday. The matter concerning Giri Bandhu Tea Estate’s land was being reviewed by the constitutional bench of the Supreme Court.

Prime Minister Dahal pledges to drive federalism implementation with confidence

Prime Minister and National Coordination Council Chair Pushpa Kamal Dahal ‘Prahanda’ has affirmed his commitment, as the principal agent of change, to vigorously pursue the implementation of federalism. Addressing the second full meeting of the Council at his Singha Durbar office today, PM Dahal stated, “The Chief Ministers have entrusted their faith in me for the implementation of federalism. I will work towards executing federalism with this mandate.” He pointed out that although the Act related to the Council was enacted in 2076 BS, he took the initiative to convene the Council’s first meeting last July.

NEPSE increases by single digit on Wednesday

The Nepal Stock Exchange (NEPSE) index has witnessed an increase on Wednesday, the fourth trading day of the week. The Nepali stock market surged by 4.92 points, reaching 2090.64 points today. Moreover, a total of 76,213 shares were traded, accounting for a business worth Rs 2,591,534,907, involving 313 companies.

Immigration Officer Khadka sent to jail on human trafficking allegation

Four individuals, including immigration officer Narbir Khadka, face charges of organized human trafficking and have been jailed by the Kathmandu District Court. Khadka, accused of human trafficking and embezzlement, was arrested in December after being identified by a former Russian army recruit.

Maoist Center’s bid for NA Chairman sparks outrage within NC

The Maoist Center’s assertion of its claim to the position of Chairman of the National Assembly has stirred up discontent and fury within the ranks of the Nepali Congress. During a parliamentary party meeting of the CPN (Maoist Center) held on Monday and Tuesday, discussions centered around the party’s pursuit of the coveted position. A majority of leaders present at the meeting advocated for the party to put forth a candidacy for the role of National Assembly Chairman.

UML chief whip calls for increased government accountability

Padam Giri, Chief Whip of the CPN (UML), emphasized the need for the government to enhance its accountability to ensure the effective functioning of the House. During a session of the House of Representatives today, Giri advised the government to take greater responsibility for parliamentary operations, the establishment of good governance, and the delivery of services. He expressed concern over the previous session’s lack of productivity, citing only one act passed and delays in selecting parliamentary committee leadership as hindrances to House functioning.

Interpol issues diffusion notice for Amala Roka in 60kg gold smuggling case

In a significant development, the International Criminal Police Organization (Interpol) has issued diffusion notices against Amala Roka, a key figure implicated in a major gold smuggling case involving 60 kilograms of gold.

The issuance of the notice came on the heels of a recommendation by the National Control Bureau (NCB), as confirmed by Navraj Adhikari, the spokesperson for the Central Investigation Bureau (CIB).

Three including Arun Chaudhary released amid controversy

Arun Chaudhary, the sibling of billionaire and Member of Parliament Binod Chaudhary, has been released today subsequent to his recent apprehension in connection with the Bansbari-based Leather Shoe Factory land controversy.

The Central Investigation Bureau (CIB) has facilitated Chaudhary’s along with Ajit Narayan Singh Thapa and Sanjay Thakur’s release in compliance with the Kathmandu District Court’s directive, according to Inspector Navraj Adhikari, the spokesperson for the bureau.

Foreign Minister Saud to attend 7th Indian Ocean Conference in Perth

Minister for Foreign Affairs NP Saud is leaving for Perth, Australia, today to participate in the 7th Indian Ocean Conference, jointly organized by the Government of Australia and India Foundation from February 9 to 10.

Minister Saud is scheduled to address the conference, held on the theme ‘Towards a Stable and Sustainable Indian Ocean,’ on February 10, according to the Ministry of Foreign Affairs.

While in Perth, Minister Saud will hold a bilateral meeting with the Minister for Foreign Affairs of Australia, Senator Penny Wong.