Three found dead in Jhapa
Three persons were found dead in three different places of Jhapa district.
According to Khagendra Bahadur Khadka, spokesperson at the District Police Office, Jhapa, the lifeless bodies were found in Madanpur Jaladhar Road, Arjundhara-4, Fulbari Tole, Birtamod-2 and Nayabasti, Arjundhara-11.
The deceased have been identified as Ram Tudu (36) of Fulpari Tola, Birtamod-2 and Mitralal Kami (60) of Nayabasti, Arjundhara-11. One of the deceased is yet to be identified, police said.
All the bodies were sent to the Provincial Hospital Bhadrapur for postmortem.
14,500 e-vehicles imported in 10 years
A total of 14, 500 e-vehicles – manufactured in China–have been imported via Rasuwagadhi transit point in 10 years.
With the rise in its import, the electrical vehicles are being placed in Timure, Ghattakhola and Rasuwagadhi areas.
A large number of vehicles have been shelved when the importers fail to complete the customs process.
Information Officer at the Rasuwa Customs Office, Rabindra Pyakurel shared that the customs clearance of 2,570 vehicles has been completed so far. The vehicles with customs clearance are heading to Kathmandu.
Beside e-vehicles, other items such as shoes, sandals, ready-made garments and electrical goods are being imported from China.
Austria mourns victims of deadly school shooting in Graz
Austria is in mourning after a school shooting in Graz left ten dead, including the 21-year-old gunman, in the country’s deadliest such attack in recent years, according to BBC.
The incident at Dreierschützengasse secondary school claimed nine victims and seriously injured twelve others, according to Interior Minister Gerhard Karner. Among the dead was a 17-year-old French student.
On Tuesday night, thousands gathered in Graz to hold a candlelight vigil. Austria has declared three days of mourning, with a nationwide minute of silence set for Wednesday at 10 a.m. Flags at the Hofburg Palace in Vienna will fly at half-staff, BBC reported.
LA imposes curfew amid protests over immigration raids
Los Angeles Mayor Karen Bass has imposed a partial curfew in response to protests against federal immigration raids, which have heavily impacted Latino communities. California Gov. Gavin Newsom criticized US President Donald Trump for raising tensions, while Trump defended his actions and promised to enhance troop deployment, according to BBC.
State officials claim they were not properly consulted regarding the deployment of federal forces. Newsom has filed a lawsuit against the federal government for its handling of the issue, while Bass has called for an end to the raids as a means of restoring peace.
Around 2,100 California National Guard troops and 700 US Marines have been deployed in the Los Angeles area. Although demonstrations have recently been more peaceful, the military buildup has raised concerns within local communities, BBC reported.
Trump orders shutdown of USAID overseas operations
US President Donald Trump has ordered the elimination of all USAID overseas positions by the end of September, significantly restructuring US foreign aid operations.
A State Department message gathered by The Guardian confirmed the decision, noting that all USAID international staff positions will be eliminated, with responsibility shifting to the Department of State beginning June 15.
The directive, issued under National Security Decision Directive 38, affects hundreds of employees from more than 100 nations. Chiefs of mission at US embassies have been directed to execute the measures within four months.
The layoffs follow a broader downsizing led by the former head of the Department of Government Efficiency, Elon Musk, who cut 86 percent of USAID programs in the first weeks of Trump’s term, The Guardian reported.
US and China reach preliminary trade deal
The US and China have agreed to a preliminary trade deal following talks in London, led by China’s Vice Premier He Lifeng and US officials Scott Bessent and Howard Lutnick.
Although the deal’s exact terms are undisclosed, it is anticipated to address rare earth mineral concerns. Lutnick declared, "We've reached a framework to implement the Geneva consensus," but the president's approval is still pending, according to Firstpost.
No further meetings are scheduled, but both sides pledged to keep communication open. Tensions have remained high under US President Trump, despite a previous Geneva pact that eased tariffs. Trump recently accused China of violating that agreement, citing rare earth exports as a key issue.
Remittance inflows increase 13.2 percent in 10 months
During the 10 months of Fiscal Year 2024/25, remittance inflows increased 13.2 percent to Rs 1356.61 billion in the review period compared to an increase of 16.9 percent in the same period of the previous year.
The Nepal Rastra Bank (NRB) stated this in its report entitled 'Current Macroeconomic and Financial Situation of Nepal (Based on Ten Months Data Ending Mid-May 2024/25)' published today.
During mid-April to mid-May 2025 (Baisakh, 2082), remittance inflows stood at Rs 165.30 billion. In the same period of previous year, such inflows amounted to Rs 115.99 billion.
In the US Dollar terms, remittance inflows increased 10.5 percent to 9.96 billion in the review period compared to an increase of 14.8 percent in the same period of the previous year.
Net secondary income (net transfer) reached Rs1479.08 billion in the review period compared to Rs 1301.75 billion in the same period of the previous year, it is stated.
In the review period, the number of Nepali workers, both institutional and individual, taking first time approval for foreign employment stands at 405,610 and taking approval for renew entry stands at 280,314.
In the previous year, such numbers were 373,307 and 236,398 respectively.
Similarly, the current account remained at a surplus of Rs 255.93 billion in the review period compared to a surplus of Rs.193.31 billion in the same period of the previous year.
In US Dollar terms, the current account registered a surplus of Rs 1.89 billion in the review period against a surplus of Rs 1.45 billion in the same period last year.
In the review period, net capital transfer amounted to Rs 8.48 billion. In the same period of the previous year, such transfers amounted to Rs 5.26 billion.
Similarly, in the review period, Rs 10.6 billion foreign direct investment (equity only) was received. In the same period of the previous year, foreign direct investment inflow (equity only) amounted to Rs.7.05 billion.
Balance of Payments (BOP) remained at a surplus of Rs 438.52 billion in the review period compared to a surplus of Rs.392.64 billion in the same period of the previous year.
In the US Dollar terms, the BOP remained at a surplus of 3.23 billion in the review period compared to a surplus of 2.95 billion in the same period of the previous year.
Meanwhile, the NRB report showed that the gross foreign exchange reserves increased 23.1 percent to Rs 2512.95 billion in mid-May 2025 from Rs 2041.10 billion in mid-July 2024.
In the US dollar terms, the gross foreign exchange reserves increased 20.5 percent to 18.40 billion in mid-May 2025 from 15.27 billion in mid-July 2024.
Of the total foreign exchange reserves, the reserves held by NRB increased 19.6 percent to Rs.2211.11 billion in mid-May 2025 from Rs 1848.55 billion in mid-July 2024.
Reserves held by banks and financial institutions (except NRB) increased 56.8 percent to Rs.301.83 billion in mid-May 2025 from Rs 192.55 billion in mid-July 2024. The share of Indian currency in total reserves stood at 21.2 percent in mid-May 2025.
US-China trade talks begin with signs of progress
Top US and Chinese officials began major trade talks in London on Monday, with early signs of cooperation.
According to Xinhua, the United States may ease some technology export limits, while China is poised to increase rare earth material exports. The talks follow a phone call between Presidents Donald Trump and Xi Jinping, during which both parties agreed to move negotiations further.
White House adviser Kevin Hassett said easing of US controls and increased rare earth supply could happen immediately, though restrictions on high-end technologies like Nvidia’s top chips would remain.
The talks mark a potential shift in the ongoing US-China trade and tech standoff, Xinhua reported.







