New members of Nepal’s National Assembly were sworn in following upper-house elections, where the Balendra Shah’s reformist Rastriya Swatantra Party won by a landslide, reshaping Nepal’s political landscape

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  Digital payment services will be redefined under amendments to the Nepal Rastra Bank Act; The proposal would expand the central bank’s regulatory scope, raising concerns from fintech firms about compliance burdens and conflicting oversight frameworks

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  A long-awaited Mutual Legal Assistance Treaty with India now enables cooperation in criminal investigations, evidence sharing and extradition-related procedures; The deal formalizes cross-border legal coordination after years of negotiations

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  Young leaders discussed democracy, climate change, social justice and digital activism in the global youth Kantipur Conclave in Kathmandu; Speakers highlighted youth-led movements as key drivers of political accountability and inclusive change worldwide

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  Nepali Congress has declared Gagan Thapa as its Prime Minister candidate, signalling a generational shift within the party; The decision aims to project reformist leadership ahead of upcoming political contests and strengthen the party’s national appeal

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