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The European Commission has cut its economic growth forecast for the EU, citing higher US tariffs and rising uncertainty.

In its spring 2025 Forecast, the Commission lowered GDP growth estimates to 1.1 percent for 2025 and 1.5 percent for 2026, down from 1.5 percent and 1.8 percent previously.

Eurozone growth is now projected at 0.9 percent in 2025 and 1.4 percent in 2026.

The government has decided to celebrate Republic Day with grandeur for three days this year also.

A meeting held at Singha Durbar on Monday formed the Main Celebrations Committee under the headship of Prime Minister KP Sharma Oli to celebrate Republic Day 2082.

Deputy Prime Minister, ministers, state ministers, Kathmandu Metropolitan City Mayor, Chief Secretary of the Government of Nepal, Chief of Army Staff, Lalitpur Metropolitan City Mayor and heads of security agencies among others are the members of the Committee.

The Nepal Stock Exchange (NEPSE) gained 22.99 points to close at 2,632.05 points on Monday.

Similarly, the sensitive index surged by 4.75 points to close at 442. 92 points.

A total of 16,205,558-unit shares of 324 companies were traded for Rs 7. 35 billion.

Meanwhile, Saptakoshi Development Bank Ltd (SAPDBL) was the top gainer today, with its price surging by 10. 00 percent.

Likewise, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) was the top loser as its price fell by 10.00 percent.

At the end of the day, total market capitalization stood at Rs 4. 37 trillion.

Israel has declared that it will permit a limited amount of food supplies into Gaza, easing an eleven-week siege that has driven the region to the brink of famine. Prime Minister Benjamin Netanyahu admitted that a worsening hunger crisis might hinder Israel's renewed military campaign against Hamas.

“The food shortage has reached extreme levels,” a resident of Khan Younis told the BBC.

The decision comes as Israel steps up its ground operations in Gaza, with intense airstrikes continuing overnight. Local hospitals have reported around 100 deaths in the last 24 hours, including several youngsters.

Israel states its ongoing operations aim to secure the release of hostages still held by Hamas. Of the 58 believed to remain in Gaza, official’s estimate that up to 23 may still be alive, BBC reported.

A suicide bomber killed four people and injured 20 others in a market in Balochistan's Killa Abdullah area late Sunday night, according to Xinhua.

The incident happened around 10:30 p.m. local time, when a suicide attacker detonated an explosive-laden truck near a paramilitary fort. Security personnel intercepted the car as it reached the fort, causing the explosion in the surrounding market.

The injured were transferred to a local hospital for treatment. No group has taken responsibility for the incident. Authorities have cordoned off the area and started an investigation, Xinhua reported.

Eleven million people in sixty-eight flood-affected rural districts in Pakistan's Balochistan, Sindh, and Khyber Pakhtunkhwa region could experience severe food insecurity between November 2024 and March 2025, according to the UN Food and Agriculture Organization's 2025 Global Report on Food Crises. There are 1.7m of these in emergency situations.

Climate shocks, high food prices, and reduced access to markets during the winter lean season continue to drive the crisis. 2.1m children under five suffer from acute malnutrition, and the prevalence among pregnant and lactating women is concerning, particularly in rural Sindh and KP. The 2022 floods have made the humanitarian situation worse by causing disease epidemics, poor sanitation, and restricted access to healthcare, which puts vulnerable populations at serious risk, according to the Firstpost.

Nepal have for the first time secured a berth at the Global Qualifiers of ICC Women’s T20 World Cup.

Nepal secured the place by defeating the United Arab Emirates (UAE) by five wickets.

Nepal climbed to this position by securing the top two berths of Super 3.

Now, Nepal will play in the Women's T20 World Cup Global Qualifier this year.

A total of 10 teams, including Nepal, will participate in the Global Qualifiers.

The top four teams in that competition will play in the ICC Women's T20 World Cup cricket tournament in England in 2026.

In the match played at the Terdthai Cricket Ground in Thailand today, UAE, batting first after losing the toss, scored 114 runs while losing seven wickets in the allotted 20 overs.

Nepal achieved the target of 115 runs in 19.3 overs at the loss of five wickets. Captain Indu Barma scored an unbeaten 30 runs for Nepal. Similarly, Rubina Chhetri scored 23 runs, Samjhana Khadka made 21 runs, Puja Mahto contributed 13 runs and Ruby Podar scored an unbeaten six runs.

Michel Both, Suraksha Kote, Vaishnavi Mahesh, and captain Esha Oza took one wicket each for the UAE.

Before this, captain Isha Oja contributed the highest 39 runs to the total score of 114 runs for THE UAE. Similarly, Tirth Sathish scored 21 runs, Heena Hotachandani scored 20 runs, and Labhnya Keni scored 12 runs.

Manisha Upadhyaya took four wickets for Nepal. Similarly, Kavita Kunwar and Rajmati Airi claimed two wickets and one wicket respectively.

Meanwhile, in the first match of the Super 3, Thailand secured their spot in the Global Qualifiers by defeating the UAE by 54 runs. Now, Nepal will play their final match of the Super 3 against Thailand on Tuesday.

Polish customs officials seized five metric tons of aircraft tires destined for Boeing commercial flights, citing violations of European Union regulations. The tires were discovered during a routine inspection in Koroszczyn, near the Belarusian border, where they had been incorrectly identified as vehicle and bus tires, Reuters reported.

According to Poland's National Revenue Administration, the shipment came from a Spanish corporation and was destined for a recipient in Azerbaijan.Authorities suspect the goods were meant to transit through Belarus and Russia.

Criminal proceedings have been launched for customs fraud, and the sanctioned goods have been confiscated. The EU maintains strict sanctions on certain exports to Russia following its 2022 invasion of Ukraine, according to Reuters.