KATHMANDU: Nepal News brings you daily updates on all important events across various topics. From local to global issues, we provide the most significant updates of the day. Our evening briefing offers a concise summary of key happenings in politics, economics, sports, entertainment, culture, and world affairs. Here is today’s evening update:
HoR Approves Five Ordinances, Land Bill Delayed: Nepal’s House of Representatives approved five out of six ordinances on Tuesday, despite opposition objections. The ordinances, issued when Parliament was not in session, will be replaced by bills once passed by the National Assembly. A contentious land-related ordinance faced resistance from Madhesh-based ruling coalition parties, prompting further discussions. The government aims to finalize the ordinances before the legal deadline.
Nepal’s Supreme Court Moves Closer to Verdict on Controversial Appointments: After four years of delays under four chief justices, Nepal’s Supreme Court is advancing toward a final ruling on the constitutionality of 52 political appointments made by Minister KP Sharma Oli in 2020. The next hearing is slated for March 19.
Oli amended the Constitutional Council Act via ordinance, bypassing parliamentary scrutiny, then dissolved Parliament. Chief Justice Prakash Man Singh Raut is now leading the case, with a verdict expected soon, potentially reshaping Nepal’s governance.
PM Oli Reaffirms Commitment to Human Rights: Prime Minister KP Sharma Oli has reaffirmed the government’s commitment to protect human rights and uphold fundamental freedoms. Speaking at a human rights conference, he stressed zero tolerance for violations and the rule of law. Dismissing calls to revive the monarchy, he honored the sacrifices of democratic martyrs. Oli received the Human Rights and Freedom Award, carrying a Rs 100,000 cash prize.
MP Madhav Sapkota Questions Government’s Land Ordinance: CPN (Maoist Center) MP Madhav Sapkota has questioned which corporate house was involved in drafting the government’s Land Ordinance. Speaking in the House of Representatives on Wednesday, he proposed rejecting the Privatization Ordinance (First Amendment), 2002, calling it a violation of democratic values.
Sapkota accused the government of mocking the Constitution by pushing six ordinances and 32 acts without debate. He criticized the insistence on passing it without altering even a comma or full stop.
HoR Passes Economic Procedures and Financial Responsibility Ordinance: The House of Representatives (HoR) today passed the Economic Procedures and Financial Responsibility (First Amendment) Ordinance, 2081 with a majority vote. The proposal was tabled by Finance Minister Bishnu Prasad Paudel.
However, the HoR rejected a proposal by RSP lawmaker Dr. Swornim Wagle seeking disapproval of the ordinance. Minister Paudel dismissed claims of downsizing the National Planning Commission and expressed confidence that Nepal will exit the grey list within two years.
Minister Gurung Highlights Peaceful Revolution, Social Media Concerns: Minister Prithvi Subba Gurung stated that Nepalis peacefully abolished feudalism and monarchy without violence. Speaking at Yadu Memorial Day, he criticized the Maoist war for setting Nepal back 25 years. He emphasized CPN (UML) and Nepali Congress’s role in Nepal’s peaceful revolution. Addressing social media misuse, he defended a proposed act curbing harmful content while upholding freedom of expression. Journalist Dilbhushan Pathak received the Yadu Memorial Journalism Award.
Minister Khadka Emphasizes Prosperity, Dismisses Ghising Removal Rumors: Minister Dipak Khadka reaffirmed the government’s commitment to building a prosperous nation, emphasizing the importance of energy and water resources. Speaking at the Fourth Dumre Cultural and Trade Festival, he noted that such events boost trade and tourism. Addressing media concerns, he dismissed rumors about NEA Chief Kulman Ghising’s removal, clarifying that his poor performance evaluation was due to a missed submission, not incompetence.
Rastriya Prajatantra Party Leads Motorcycle Rally in Kathmandu: The Rastriya Prajatantra Party (RPP) organized a large motorcycle rally through key areas of Kathmandu, including Babarmahal, Maitighar Mandala, and Durbarmarg.
The rally demanded the reinstatement of the monarchy, the restoration of Nepal as a Hindu nation, the abolition of provinces, and greater investment while calling for an end to corruption. The procession culminated at Narayanhiti, demonstrating strong public support for the party’s agenda.
Two Hospitals Shut Down in Nuwakot for Operating Without Registration: Authorities in Nuwakot shut down two hospitals and fined one for operating without registration. Dupcheshwor Nepal Hospital was sealed and fined Rs 20,000, while Mailak Diagnostic Hospital was also closed. A joint monitoring team, led by officials from the Office of Industry and Commerce, inspected 11 establishments, raising concerns over regulatory compliance in the district’s healthcare sector.
Madhesh Agriculture University Vice-Chancellor and Registrar Suspended:
Madhesh Agriculture University’s Vice-Chancellor Dr. Baijanath Mahato and Registrar Shree Bhagawan Thakur have been suspended over allegations of illegal activities. The decision was made by the University Senate, chaired by Chief Minister Satish Kumar Singh, following a report by a three-member investigation committee. Education Minister Rani Sharma Tiwari confirmed the suspension, stating that evidence supported the charges against the two officials.
Foreign Minister Rana to Attend Raisina Dialogue: Nepal’s Foreign Minister Dr. Arju Rana Deuba will visit New Delhi from March 17 to 19 for the Raisina Dialogue. While no high-level meetings are confirmed, she is reportedly seeking talks with Indian Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar. Nepal’s Ambassador to India is working to facilitate a meeting, amid ongoing efforts to improve strained Nepal-India relations.
MP Sah Alleges Government Involvement in ‘Trading’ Lawmakers: Aam Janata Party MP Prabhu Sah has raised concerns over reports of lawmakers being “traded” to pass an ordinance. Speaking in an emergency House session, Sah urged Speaker Devraj Ghimire to take the matter seriously, calling it a shameful practice. He demanded government accountability, questioning whether such allegations against a ruling coalition leader could be legally justified.
Former King Gyanendra Visits Kalika Bhagwati Temple Amid Supporters’ Chants:
Former King Gyanendra Shah visited the Kalika Bhagwati Temple in Baglung, where he offered prayers and engaged with well-wishers. Welcomed by RPP leaders, religious groups, and the public, his visit saw chants calling for monarchy and a Hindu state. A 501-member civic committee organized his reception, highlighting ongoing debates over Nepal’s political and religious future.
NEPSE Falls by 25.16 Points, Turnover at Rs. 10.97 Arba: The Nepal Stock Exchange (NEPSE) fell by 25.16 points (0.88%) to close at 2,821.13, following a previous session loss of 30.36 points. The index fluctuated between 2,850.16 and 2,808.75. A total of 23.34 million shares were traded, amounting to Rs. 10.97 Arba. Himalayan Reinsurance (HRL) led turnover at Rs. 96.7 Crores. Samaj Laghubitta (SAMAJ) and Guardian Micro Life Insurance (GMLI) gained 10%, while Green Development Bank (GRDBL) saw the biggest loss, dropping 6.84%.
Finance Ministry Begins Budget Formulation for Fiscal Year 2082/83: The Ministry of Finance has initiated the budget formulation process for the 2082/83 BS (2025-26) fiscal year. In a meeting with the Ministry of Physical Infrastructure and Transport, Finance Minister Bishnu Prasad Paudel emphasized fiscal discipline and realistic budgeting. He stressed coordination across all government levels and proposed downsizing small projects. Minister Paudel urged ministries to plan strategically, considering budget ceilings. The Natural Resources Estimation Committee has recommended a ceiling of Rs 196.5 billion.
Company Registrar’s Office Launches Fully Digital Registration System: From Monday, Nepal’s Office of the Company Registrar has transitioned to a fully digital company registration system, eliminating in-person visits and procedural delays. The new Company Administration Management Information System (CAMIS) enables online application submission, approval, and digital document processing. While company dissolution still requires identity verification in person, all other services are now online. CAMIS integrates with national databases, streamlining processes and enhancing transparency in company registration and administration.
Banks and Financial Institutions Can Now Issue Multiple Cards to a Single Customer: Banks and financial institutions in Nepal can now issue more than one card to a single customer. Nepal Rastra Bank amended the regulation to clarify this provision. The central bank’s Payment Systems Department issued a circular allowing multiple cards under the domestic card scheme while also revising 71 provisions to enhance risk prevention, identification, and management.
Deepak Raj Giri Criticizes Negative Campaigning in Nepali Cinema: Actor and producer Deepak Raj Giri has expressed concern over the growing trend of one film engaging in negative publicity against another in the Nepali film industry. He stated that this practice began last Dashain and questioned its long-term impact. Giri’s latest film, Chhakka Panja 5, was also affected by this trend, he shared on Facebook.
Tribhuvan Army Reaches Women’s Gold Cup Final: Tribhuvan Army FC advanced to the final of the 2nd Current International Women’s Gold Cup in Ilam, defeating hosts Oasis Club 2-0 in the semifinal. Bimala Chaudhary scored both goals in the 43rd and 68th minutes. She was named Player of the Match, winning Rs. 5,000. APF FC and Nepal Police Club will play the second semifinal, with the final on Falgun 24.
Machhindra FC Wins Tilaurakot Gold Cup: Machhindra FC clinched the 2nd CM Tilaurakot Gold Cup title by defeating Three Star Club 1-0 in the final at Buddha Stadium, Tilaurakot. Devendra Tamang scored the decisive goal in the 12th minute, assisted by Bimal Gharti Magar. Machhindra, winning its second title in two days, earned Rs. 11,11,111, while Three Star settled for Rs. 5,55,555. Saurav Limbu was named Best Player, winning Rs. 50,000.
Nepal Women’s Cricket Team Departs for Women’s Day Cup: The Nepal Women’s Cricket Team has departed for the Women’s Day Cup in Uganda, scheduled from March 8 to 16. The tournament features Nepal, Uganda, Hong Kong, and Namibia, with each team playing twice against every opponent.
Nepal begins its campaign against Namibia on March 8, followed by matches against Uganda (March 9) and Hong Kong (March 10). The top two teams will advance to the final.
A 14-member squad, led by captain Indu Barma, has been announced, with Sana Pravin and Riya Sharma earning their first senior team call-ups.
Modi Highlights India’s Reform Efforts, Announces New Manufacturing, Export Missions: Indian Prime Minister Narendra Modi emphasized the country’s commitment to economic reforms, financial discipline, and inclusive growth over the past decade, speaking at a post-Budget webinar on MSMEs, manufacturing, and exports. He highlighted government measures to improve ease of doing business, including the Jan Vishwas Act and tax simplifications. Modi also announced two new missions to boost manufacturing and exports, leveraging India’s strengths in sectors like toys, footwear, and leather.
Trump Defends Tariffs, Vows More in Congressional Address: U.S. President Donald Trump defended his newly imposed tariffs and pledged further action in a speech to Congress on Tuesday night. The U.S. imposed 25% tariffs on exports from Canada and Mexico, while doubling tariffs on Chinese imports to 20%. Trump also announced reciprocal tariffs starting April 2. His remarks come amid market turmoil and rising tensions with major trading partners.
U.S. Halts Intelligence Sharing with Ukraine Amid Calls for Ceasefire: The U.S. has paused all intelligence sharing with Ukraine, CIA Director John Ratcliffe confirmed Wednesday, following reports that Washington had also suspended military aid. President Donald Trump reportedly sought the halt to assess Ukraine’s commitment to peace talks with Russia. The move has disrupted Ukraine’s ability to strike deep into Russian territory, though cooperation may resume soon, Ratcliffe suggested.
China Proposes $246 Billion Defense Budget for 2025, Up 7.2%: China has proposed a defense budget of 1.78 trillion yuan ($246 billion) for 2025, marking a 7.2% increase from last year, according to a draft report submitted to the National People’s Congress on Wednesday. If approved, it would mark a decade of single-digit growth in military spending. Officials defended the increase as necessary for national security, contrasting it with the U.S.’s $850 billion defense budget.
Nepal’s Supreme Court Moves Closer to Verdict on Controversial Appointments: After four years of delays under four chief justices, Nepal’s Supreme Court is advancing toward a final ruling on the constitutionality of 52 political appointments made by Minister KP Sharma Oli in 2020. The next hearing is slated for March 19.
Oli amended the Constitutional Council Act via ordinance, bypassing parliamentary scrutiny, then dissolved Parliament. Chief Justice Prakash Man Singh Raut is now leading the case, with a verdict expected soon, potentially reshaping Nepal’s governance.
PM Oli Reaffirms Commitment to Human Rights: Prime Minister KP Sharma Oli has reaffirmed the government’s commitment to protect human rights and uphold fundamental freedoms. Speaking at a human rights conference, he stressed zero tolerance for violations and the rule of law. Dismissing calls to revive the monarchy, he honored the sacrifices of democratic martyrs. Oli received the Human Rights and Freedom Award, carrying a Rs 100,000 cash prize.
MP Madhav Sapkota Questions Government’s Land Ordinance: CPN (Maoist Center) MP Madhav Sapkota has questioned which corporate house was involved in drafting the government’s Land Ordinance. Speaking in the House of Representatives on Wednesday, he proposed rejecting the Privatization Ordinance (First Amendment), 2002, calling it a violation of democratic values.
Sapkota accused the government of mocking the Constitution by pushing six ordinances and 32 acts without debate. He criticized the insistence on passing it without altering even a comma or full stop.
HoR Passes Economic Procedures and Financial Responsibility Ordinance: The House of Representatives (HoR) today passed the Economic Procedures and Financial Responsibility (First Amendment) Ordinance, 2081 with a majority vote. The proposal was tabled by Finance Minister Bishnu Prasad Paudel.
However, the HoR rejected a proposal by RSP lawmaker Dr. Swornim Wagle seeking disapproval of the ordinance. Minister Paudel dismissed claims of downsizing the National Planning Commission and expressed confidence that Nepal will exit the FATF grey list within two years.
Minister Gurung Highlights Peaceful Revolution, Social Media Concerns: Minister Prithvi Subba Gurung stated that Nepalis peacefully abolished feudalism and monarchy without violence. Speaking at Yadu Memorial Day, he criticized the Maoist war for setting Nepal back 25 years. He emphasized CPN (UML) and Nepali Congress’s role in Nepal’s peaceful revolution. Addressing social media misuse, he defended a proposed act curbing harmful content while upholding freedom of expression. Journalist Dilbhushan Pathak received the Yadu Memorial Journalism Award.
Minister Khadka Emphasizes Prosperity, Dismisses Ghising Removal Rumors: Minister Dipak Khadka reaffirmed the government’s commitment to building a prosperous nation, emphasizing the importance of energy and water resources. Speaking at the Fourth Dumre Cultural and Trade Festival, he noted that such events boost trade and tourism. Addressing media concerns, he dismissed rumors about NEA Chief Kulman Ghising’s removal, clarifying that his poor performance evaluation was due to a missed submission, not incompetence.
Rastriya Prajatantra Party Leads Motorcycle Rally in Kathmandu: The Rastriya Prajatantra Party (RPP) organized a large motorcycle rally through key areas of Kathmandu, including Babarmahal, Maitighar Mandala, and Durbarmarg.
The rally demanded the reinstatement of the monarchy, the restoration of Nepal as a Hindu nation, the abolition of provinces, and greater investment while calling for an end to corruption. The procession culminated at Narayanhiti, demonstrating strong public support for the party’s agenda.
Two Hospitals Shut Down in Nuwakot for Operating Without Registration: Authorities in Nuwakot shut down two hospitals and fined one for operating without registration. Dupcheshwor Nepal Hospital was sealed and fined Rs 20,000, while Mailak Diagnostic Hospital was also closed. A joint monitoring team, led by officials from the Office of Industry and Commerce, inspected 11 establishments, raising concerns over regulatory compliance in the district’s healthcare sector.
Madhesh Agriculture University Vice-Chancellor and Registrar Suspended: Madhesh Agriculture University’s Vice-Chancellor Dr. Baijanath Mahato and Registrar Shree Bhagawan Thakur have been suspended over allegations of illegal activities. The decision was made by the University Senate, chaired by Chief Minister Satish Kumar Singh, following a report by a three-member investigation committee. Education Minister Rani Sharma Tiwari confirmed the suspension, stating that evidence supported the charges against the two officials.
Foreign Minister Rana to Attend Raisina Dialogue: Nepal’s Foreign Minister Dr. Arju Rana Deuba will visit New Delhi from March 17 to 19 for the Raisina Dialogue. While no high-level meetings are confirmed, she is reportedly seeking talks with Indian Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar. Nepal’s Ambassador to India is working to facilitate a meeting, amid ongoing efforts to improve strained Nepal-India relations.
MP Sah Alleges Government Involvement in ‘Trading’ Lawmakers: Aam Janata Party MP Prabhu Sah has raised concerns over reports of lawmakers being “traded” to pass an ordinance. Speaking in an emergency House session, Sah urged Speaker Devraj Ghimire to take the matter seriously, calling it a shameful practice. He demanded government accountability, questioning whether such allegations against a ruling coalition leader could be legally justified.
Former King Gyanendra Visits Kalika Bhagwati Temple Amid Supporters’ Chants: Former King Gyanendra Shah visited the Kalika Bhagwati Temple in Baglung, where he offered prayers and engaged with well-wishers. Welcomed by RPP leaders, religious groups, and the public, his visit saw chants calling for monarchy and a Hindu state. A 501-member civic committee organized his reception, highlighting ongoing debates over Nepal’s political and religious future.
NEPSE Falls by 25.16 Points, Turnover at Rs. 10.97 Arba: The Nepal Stock Exchange (NEPSE) fell by 25.16 points (0.88%) to close at 2,821.13, following a previous session loss of 30.36 points. The index fluctuated between 2,850.16 and 2,808.75. A total of 23.34 million shares were traded, amounting to Rs. 10.97 Arba. Himalayan Reinsurance (HRL) led turnover at Rs. 96.7 Crores. Samaj Laghubitta (SAMAJ) and Guardian Micro Life Insurance (GMLI) gained 10%, while Green Development Bank (GRDBL) saw the biggest loss, dropping 6.84%.
Finance Ministry Begins Budget Formulation for Fiscal Year 2082/83: The Ministry of Finance has initiated the budget formulation process for the 2082/83 BS (2025-26) fiscal year. In a meeting with the Ministry of Physical Infrastructure and Transport, Finance Minister Bishnu Prasad Paudel emphasized fiscal discipline and realistic budgeting. He stressed coordination across all government levels and proposed downsizing small projects. Minister Paudel urged ministries to plan strategically, considering budget ceilings. The Natural Resources Estimation Committee has recommended a ceiling of Rs 196.5 billion.
Company Registrar’s Office Launches Fully Digital Registration System: From Monday, Nepal’s Office of the Company Registrar has transitioned to a fully digital company registration system, eliminating in-person visits and procedural delays. The new Company Administration Management Information System (CAMIS) enables online application submission, approval, and digital document processing. While company dissolution still requires identity verification in person, all other services are now online. CAMIS integrates with national databases, streamlining processes and enhancing transparency in company registration and administration.
Banks and Financial Institutions Can Now Issue Multiple Cards to a Single Customer: Banks and financial institutions in Nepal can now issue more than one card to a single customer. Nepal Rastra Bank amended the regulation to clarify this provision. The central bank’s Payment Systems Department issued a circular allowing multiple cards under the domestic card scheme while also revising 71 provisions to enhance risk prevention, identification, and management.
Singers Asmita Adhikari and Mahesh Kafle to Tie the Knot: Singers Asmita Adhikari and Mahesh Kafle are set to get married tomorrow after being in a long-term relationship. The couple celebrated their Mehendi ceremony on Tuesday, sharing pictures on social media. Last month, during a concert tour in Dubai, they got engaged in front of the Burj Khalifa. The duo first collaborated musically four years ago with Lajjawati Jhar.
Deepak Raj Giri Criticizes Negative Campaigning in Nepali Cinema: Actor and producer Deepak Raj Giri has expressed concern over the growing trend of one film engaging in negative publicity against another in the Nepali film industry. He stated that this practice began last Dashain and questioned its long-term impact. Giri’s latest film, Chhakka Panja 5, was also affected by this trend, he shared on Facebook.
Tribhuvan Army Reaches Women’s Gold Cup Final: Tribhuvan Army FC advanced to the final of the 2nd Current International Women’s Gold Cup in Ilam, defeating hosts Oasis Club 2-0 in the semifinal. Bimala Chaudhary scored both goals in the 43rd and 68th minutes. She was named Player of the Match, winning Rs. 5,000. APF FC and Nepal Police Club will play the second semifinal, with the final on Falgun 24.
Machhindra FC Wins Tilaurakot Gold Cup: Machhindra FC clinched the 2nd CM Tilaurakot Gold Cup title by defeating Three Star Club 1-0 in the final at Buddha Stadium, Tilaurakot. Devendra Tamang scored the decisive goal in the 12th minute, assisted by Bimal Gharti Magar. Machhindra, winning its second title in two days, earned Rs. 11,11,111, while Three Star settled for Rs. 5,55,555. Saurav Limbu was named Best Player, winning Rs. 50,000.
Nepal Women’s Cricket Team Departs for Women’s Day Cup: The Nepal Women’s Cricket Team has departed for the Women’s Day Cup in Uganda, scheduled from March 8 to 16. The tournament features Nepal, Uganda, Hong Kong, and Namibia, with each team playing twice against every opponent.
Nepal begins its campaign against Namibia on March 8, followed by matches against Uganda (March 9) and Hong Kong (March 10). The top two teams will advance to the final.
A 14-member squad, led by captain Indu Barma, has been announced, with Sana Pravin and Riya Sharma earning their first senior team call-ups.
Modi Highlights India’s Reform Efforts, Announces New Manufacturing, Export Missions: Indian Prime Minister Narendra Modi emphasized the country’s commitment to economic reforms, financial discipline, and inclusive growth over the past decade, speaking at a post-Budget webinar on MSMEs, manufacturing, and exports. He highlighted government measures to improve ease of doing business, including the Jan Vishwas Act and tax simplifications. Modi also announced two new missions to boost manufacturing and exports, leveraging India’s strengths in sectors like toys, footwear, and leather.
Trump Defends Tariffs, Vows More in Congressional Address: U.S. President Donald Trump defended his newly imposed tariffs and pledged further action in a speech to Congress on Tuesday night. The U.S. imposed 25% tariffs on exports from Canada and Mexico, while doubling tariffs on Chinese imports to 20%. Trump also announced reciprocal tariffs starting April 2. His remarks come amid market turmoil and rising tensions with major trading partners.
U.S. Halts Intelligence Sharing with Ukraine Amid Calls for Ceasefire: The U.S. has paused all intelligence sharing with Ukraine, CIA Director John Ratcliffe confirmed Wednesday, following reports that Washington had also suspended military aid. President Donald Trump reportedly sought the halt to assess Ukraine’s commitment to peace talks with Russia. The move has disrupted Ukraine’s ability to strike deep into Russian territory, though cooperation may resume soon, Ratcliffe suggested.
China Proposes $246 Billion Defense Budget for 2025, Up 7.2%: China has proposed a defense budget of 1.78 trillion yuan ($246 billion) for 2025, marking a 7.2% increase from last year, according to a draft report submitted to the National People’s Congress on Wednesday. If approved, it would mark a decade of single-digit growth in military spending. Officials defended the increase as necessary for national security, contrasting it with the U.S.’s $850 billion defense budget.