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

PM Dahal secures vote of confidence with 157 in favor

Prime Minister (PM)Pushpa Kamal Dahal Prachanda has secured a vote of confidence for the fourth time. During Monday’s session of the House of Representatives, PM Dahal garnered the necessary support to reaffirm his position as Prime Minister. Notably, for the third consecutive time, he attained 157 votes in favor of the confidence motion. However, MP Prem Suwal of the Nepal Majodoor and Kisan Party abstained from voting for either side.

NC calls CWC and parliamentary party meeting on Wednesday

The main opposition party Nepali Congress (NC) has convened a joint meeting of the Central Working Committee (CWC) and the parliamentary party. As per information shared by NC central office Chief Secretary Krishna Prasad Paudel, the joint meeting is scheduled for 11:00 am on Wednesday at the party’s central office in Sanepa. He disclosed that the party’s province committee heads and parliamentary party leaders have also been invited to the meeting. NC plans to conduct extensive discussions to formulate further strategies through the meeting.

Nepal’s foreign trade slumps by 36.69 billion rupees

Nepal’s trade with the international community has witnessed a significant decline, with foreign trade plunging by 36.69 billion rupees in the first ten months of the current fiscal year. As of April, Nepal’s total foreign trade stands at 1.429 trillion rupees, marking a decrease from the previous year’s 1.466 trillion rupees. During this period, Nepal incurred a trade loss of 1.177 trillion rupees, showing a reduction from the previous year’s deficit of 1.242 trillion rupees. This translates to a decrease in the trade deficit by 27.238 billion rupees.

Nims Purja allegedly defies helicopter ban, lands at Everest Camp II

Renowned climber Nirmal Purja ‘Nims’, has reportedly breached Civil Aviation Authority of Nepal (CAAN) regulations by landing at Mt Everest’s high camp on Monday. CAAN prohibits helicopter flights above Everest Base Camp, allowing them only for emergency rescue purposes. Eyewitnesses at Camp II revealed that Nims boarded a helicopter from Kathmandu around 8:30 am and arrived at Camp II on Everest by 11:30 am.

Nepal expresses grief over passing of Iranian President, Foreign Minister

The Government of Nepal has expressed sorrow over the passing of President of Iran, Dr Ebrahim Raisi in a helicopter crash on Sunday. “We are deeply saddened to know about the passing away of His Excellency Dr. Seyyed Ebrahim Raisi, President, and His Excellency Dr. Hossein Amir Abdollahian, Minister of Foreign Affairs, of the Islamic Republic of Iran in the helicopter crash yesterday,” the Ministry of Foreign Affairs posted on the social platform, X, today.

Stock market surges: NEPSE increases by 27.54 points on Monday

In response to the government’s policy and program announcement and the Nepal Rastra Bank’s third review of the monetary policy, the Nepal Stock Exchange (NEPSE) witnessed a surge on Monday, the second trading day of the week. NEPSE surged by 27.54 points, reaching 2092 points today. Shares totaling 14,370,689 were traded in the market, resulting in transactions equivalent to Rs. 5.85 billion.

Home Minister Lamichhane denies issuing threats in Parliament

Addressing concerns raised in Parliament, Deputy Prime Minister and Home Minister Rabi Lamichhane asserted that he did not issue any threats while speaking in Sunday’s meeting of the House of Representatives. Speaking to media at the Parliament premises on Monday, Home Minister Lamichhane clarified that his remarks in the House of Representatives merely cited instances from other cooperative cases where individuals were named in the media. Expressing his willingness to cooperate with investigations, Lamichhane emphasized his readiness to probe the Giribandhu Tea Estate case and ensure that those responsible face consequences.

NC’s actions will bear heavy consequences, PM Dahal warns

Prime Minister (PM) Pushpa Kamal Dahal Prachanda delivered a scathing rebuke aimed at the main opposition Nepali Congress during today’s session of the House of Representatives. Addressing the disruption caused by the Nepali Congress during the House of Representatives’ meeting convened for a vote of confidence on Monday, the Prime Minister expressed profound disappointment. “Nepali Congress did a lot of wrong today. The prime minister who has supported you many times, who has endeavored to guide you towards dialogue and consensus,” he lamented, “Yet today, you obstructed the same prime minister during the vote of confidence.”

Opp’n parties allege Speaker’s bias in escalating cooperative issue

The opposition parties, spearheaded by the Nepali Congress, have intensified their efforts to address the cooperative case, demanding a parliamentary inquiry committee both within the chambers and on the streets. Rastriya Prajatantra Party (RPP) leader Gyanendra Bahadur Shahi voiced concerns about Speaker Devraj Ghimire’s impartiality during a post-House of Representatives meeting. “Our stance on the cooperative matter is firm,” he emphasized, noting the opposition’s consensus on the Speaker’s failure to uphold his official duties.

Allegations leveled by Home Minister Lamichhane are fictitious: Nepali Congress

The main opposition party, Nepali Congress, has reiterated its demand of forming a parliamentary committee for carrying out fair and independent investigation, alleging that Deputy Prime Minister and Minister for Home Affairs Rabi Lamichhane’s involvement was seen in the misappropriation of the cooperatives’ funds. A meeting of the NC Parliamentary Party held at the Parliament Building in New Baneshwar today stated that there is clear evidence showing Home Minister Lamichhane’s involvement in the cooperatives funds embezzlement and repeated its demand for forming a parliamentary committee for conducting an impartial probe.