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China’s top leadership has pledged support for firms and workers affected by steep US tariffs, state media reported following a Politburo meeting. Measures include financial aid, expanded unemployment insurance access, and job stabilization efforts, according to Xinhua.

The government also intends to ease monetary policy by reducing interest rates and reserve requirements on a timely basis. Other approaches include encouraging local demand, particularly in services, and integrating domestic and international trade.

Despite 5.4 percent GDP growth in Q1, the Politburo warned of rising external risks and urged worst-case scenario planning to ensure economic stability, Xinhua reported.

Meanwhile, US President Trump and Treasury Secretary Scott Bessent have adopted a more conciliatory tone, signaling a potential de-escalation in trade tensions.

An earthquake measuring 4.1 on the Richter scale struck Sindhupalchowk with its epicenter at Phulpingkot of the district. 

According to the Earthquake Measurement and Monitoring Centre, Lainchaur, the quake was recorded at 11:57 am today. 

Earlier, an earthquake measuring 4.2 on the Richter scale jolted Rukum East at 7: 34 pm on Thursday. The epicenter of the quake was Ranmamaikot.

Two local governments in Dhankuta district have initiated a project to map and study the condition of natural springs, aiming to protect and rejuvenate them by first identifying and assessing their current state. In response to the impacts of climate change, Dhankuta Municipality and Chhathar Jorpati Rural Municipality have deployed community resource persons in each ward to conduct this study and mapping process.

The initiative is technically supported by the International Centre for Integrated Mountain Development (ICIMOD), with local facilitation provided by HUSADEC Nepal. A total of 32 community resource persons—10 in Dhankuta Municipality and six in Chhathar Jorpati Rural Municipality, two per ward—have been mobilized across 16 wards. Using a dedicated app, they are documenting the current status of springs, ponds, and other water sources. The collected data is then verified by municipal technicians.

This study will provide comprehensive information on the condition of the water sources across the two municipalities. It will include data on usage patterns, current water availability, disuse, the communities relying on the sources, and trends in water flow. Additionally, information on the surrounding environment, whether the source is seasonal or perennial, and water flow measurements will be recorded.

According to the Development Officer of Dhankuta Municipality, the goal is to gather detailed data, which will inform future restoration and protection efforts. Chhatra Subba, Chairperson of Chhathar Jorpati Rural Municipality, stated that the study was initiated with an allocated budget to determine how to recharge dried-up sources and safeguard existing ones. Community resource persons will be stationed on-site for approximately 10 days. Their field deployment began on May 12, during which they are visiting each water source to carry out measurements and observations.

Prior to field deployment, the resource persons received technical training from Anju Pandit and Shreejan Thapa of ICIMOD. The final draft of the study is expected to be completed by the end of May. Once prepared, the draft will be presented in an interactive session with stakeholders, including elected representatives, and finalized with input and suggestions. Saroj Bhujel, President of HUSADEC Nepal, emphasized the urgency of river conservation, stating, “Water is the only alternative to water.” Both municipalities have allocated budgets for the mapping and study of springs and rivers, and have recently begun constructing recharge ponds as part of their water source restoration efforts.

The 10th Memorial Day of the Gorkha Earthquake is being observed across the country by organizing various programs.

A total of 9,079 people were killed and 22,309 others sustained injuries in the disaster. It damaged over 800,000 private houses, government offices, school buildings and 1,500 cultural heritages.

The earthquake also caused significant damage to Basantapur and Hanuman Dhoka Durbar areas in Kathmandu.

In the 10 years since the earthquake, the reconstruction of Kasthamandap, Gaddi Baithak, nine-storey palace, Vishnu Temple and Trailokya Temple among others in Basantapur area has been completed.

Many organizations have provided assistance for the reconstruction of the area.

The reconstruction work was carried out through the Department of Archaeology, Kathmandu Metropolitan City, provincial government, foreign donor agencies, Guthi, and consumers committees.

The cardinal rule of style is that your clothes must fit you well. A bad fit makes you look sloppy whereas a good fit makes you look appealing. It’s a small thing but the impact is huge. However, just wearing good clothes doesn’t ensure your look is complete. Even designer clothes can actually fall flat and look average if you don’t style it well. Here are some style rules that you must follow to look your best in every outfit.

Pair your outfit with the right shoes

Shoes can often make or break your outfit. Shoes should be practical and comfortable. But they should also match with your clothes, in terms of style and color. Ideally, you should have at least a pair of black heels, ankle length boots in a neutral shade, some ballerina flats, a nice pair of sneakers, and some great open toe sandals in your wardrobe. Dark shoes will kill an outfit if there is nothing dark in the ensemble to balance out its harshness. So pair dark clothes with dark shoes and lighter clothes with lighter shoes. Also, dresses and suits look good with heels while casual clothes work well with kitten heels, flats, or sandals. Shoes with pointy toes give an illusion of length to your legs and look better than those with rounded or flat toes.

Play with jewelry

Most of us wear the same rings or ear studs with every outfit. It seems like such a hassle to keep changing out of our regular ones to match with our clothes. But you are doing yourself a great disservice by not experimenting with jewelry. Dress up your outfit with pretty necklaces, earrings, bracelets, or rings. However, don’t go overboard with it and use many pieces together. Rather, choose to make one or two the highlight of your outfit. There are many brands these days that sell affordable jewelry, both real and imitation. Invest in pieces that make you feel comfortable and you feel good wearing and switch them up. We recommend Maya Handicraft Jewelry for some good quality silver pieces that are timeless and you can wear with pretty much anything. Palmonas, the Indian brand of demi-fine jewelry, owned by the Bollywood actor Shraddha Kapoor, also has some great designs.

Beautiful bags to elevate your look

Are you guilty of carrying the same bag day in and day out and only switching it up when it starts to fall apart or when the season changes and you feel like you need a bag that goes with it? Bags are great statement pieces and can really elevate your look if styled right. Most of us tend to buy black bags thinking it will go with everything but the overall effect tends to be a bit drag. Slouchy bags look good with casual wear while structured ones that hold form are great for office and a more formal look. If you can, don’t carry large bags with dresses and suits and they tend to take the impact away from your clothes. Choose simpler, smaller ones instead. Clutches or crossbody bags also go really well with dresses. There are many styles of bags available—from larger totes and hobos to smaller side bags and crossbodies—that you don’t have to stick to a particular one for all your outfits.

Experiment with your style

Most of us have a particular style of dressing depending on our preferences and we rarely, if ever, switch things up. But unless you experiment with your clothes and dressing sense you will not know what looks good on you and how you can change how you look and feel simply by changing the way you dress. You don’t have to make sudden or drastic changes. Start by making small alterations in the way you dress. If you aren’t a big fan of accessories, try adding a piece or two every now and then. A scarf, hat, or even a funky piece of jewelry that you wouldn’t otherwise wear can change your style. Look for fashion inspiration, online and around you. Try making a mood board of different styles. Once you feel confident with small changes, you can make bigger ones with fabrics, textures, and designs.

Neeraj Singh Manhas currently serves as the special advisor for South Asia at the Parley Policy Initiative, Republic of Korea, and is a subject matter expert at the Centre for Joint Warfare Studies, Ministry of Defence, Government of India. He is also a non-resident visiting senior scholar at the Centre for National Security Studies, and an Editorial Board Member for World Water Policy, journal published by (WILEY-Scopus, Elsevier). He closely follows South Asia’s water and river geopolitics. ApEx talked to him about India’s decision to suspend the Indus Water Treaty and its implications for Pakistan and South Asia.

How does the suspension of the IWT affect Pakistan?

The Indus Waters Treaty has been crucial for Pakistan, as it regulates the flow of water from the Indus River and its tributaries, which are vital to Pakistan’s agricultural and energy sectors. Under the treaty, Pakistan was granted exclusive rights over the waters of three western rivers—Indus, Jhelum, and Chenab—while India was allowed to use the waters of the eastern rivers. With India’s suspension of the treaty, Pakistan faces the possibility of having its water supply disrupted, which could lead to severe consequences for its agricultural output, as over 90 percent of Pakistan’s water needs are met by the Indus River. Eighty percent of Pakistan’s agricultural land—around 16m hectares—depends on water from the Indus system. 

Also, this system supplies water to over 237m Pakistanis. The major cities like Karachi, Lahore, and Multan get their water directly from this system. However, 25 percent of Pakistan’s GDP depends on this water, as that share of national income comes from agriculture. The agricultural sector supports 68 percent of Pakistan’s rural households—whose livelihoods are now under threat. Additionally, water shortages could affect hydroelectric power production, which contributes significantly to Pakistan's energy generation. The economic and environmental implications could be disastrous, especially for Pakistan’s rural population, which depends on these rivers for irrigation. This suspension risks destabilizing Pakistan’s food security and overall economy, especially as the country grapples with existing resource shortages.

What are the potential environmental and economic consequences for Pakistan?

The potential environmental and economic consequences for Pakistan are grave, as the Indus River system is not just a source of water but a lifeline for the country’s economy. With Pakistan relying on these rivers for nearly 70 percent of its total water supply, any disruption could lead to significant water shortages, especially in the agricultural sector, which employs a substantial portion of the population. The immediate effect would be felt in irrigation, with crops failing due to insufficient water. 

Additionally, Pakistan’s hydroelectric plants, which rely on the flow of water from the Indus and its tributaries, would face a decrease in power generation, exacerbating the already critical energy crisis. On the environmental side, lower water availability could lead to the degradation of ecosystems, affecting wetlands and biodiversity that depend on consistent water flow. Economically, this could lead to food shortages, price hikes, and social unrest, especially as millions of people depend on these resources for their livelihood.

How has Pakistan responded to the suspension?

Pakistan’s response to India’s suspension of the IWT has been one of strong condemnation. Pakistani officials have rejected India’s accusations and denied any involvement in the Pahalgam attack. They have labelled India’s move as ‘cowardly’ and ‘immature’, claiming that it is an inappropriate and politically charged reaction that violates the spirit of the treaty. 

Pakistan’s foreign minister has called for an international response, urging global stakeholders to condemn India’s actions and mediate the dispute. The Pakistani government has warned of potential retaliation, emphasizing that such moves could escalate tensions further, potentially leading to military or diplomatic consequences. Given the sensitivity surrounding water issues in the region and the shared nature of the Indus River system, Pakistan fears that this could lead to long-term instability in the region. While Pakistan stresses that the treaty should remain intact, it has also warned that India’s actions could undermine future cooperation on regional water-sharing arrangements.

What are the broader implications for regional stability?

The suspension of the Indus Waters Treaty signals a worrying escalation in Indo-Pakistani relations, with far-reaching implications for regional stability. Both India and Pakistan are nuclear-armed countries, and any escalation in tensions over the treaty could lead to further militarization of the conflict. The suspension not only undermines the environmental and economic cooperation that the treaty represents but also exacerbates an already fragile relationship between the two nations. The history of territorial disputes, especially over Kashmir, complicates any diplomatic efforts to resolve the water dispute. The disruption of such a critical agreement could lead to an arms race or proxy conflicts, further destabilizing South Asia. It also risks undermining international efforts to mediate and foster cooperation in the region, with the potential to draw in external actors, including major powers and international organizations like the United Nations, which could get involved to prevent further escalation.

Is there a pathway to de-escalate this crisis?

While the situation remains tense, there is a potential pathway to de-escalation, although it would require significant diplomatic effort from both sides. The role of international organizations, such as the World Bank, which was instrumental in brokering the original treaty in 1960, could be pivotal in facilitating dialogue between India and Pakistan. Both nations need to demonstrate a commitment to peace, moving away from retaliatory measures and focusing on finding a solution that ensures equitable water distribution. One possible avenue could involve third-party mediation, with the World Bank or the United Nations acting as facilitators for negotiations. Additionally, confidence-building measures, such as the exchange of information about water usage and infrastructure development, could help to rebuild trust. However, this would require both countries to prioritize long-term cooperation over short-term political gains. The resolution of the crisis will depend not only on diplomatic negotiations but also on both countries recognizing the importance of the treaty for regional peace and stability.

Nepal and India have intensified their diplomatic engagements over the past few months. The surge in high-level ministerial visits and agreements underscores a pragmatic approach taken by the two countries to boost economic, environmental and security partnerships while navigating existing challenges.

Within this short span, two senior Indian ministers visited Nepal, while three Nepali ministers traveled to India for talks. Foreign Minister Arzu Rana Deuba’s discussions with India’s External Affairs Minister S Jaishankar in New Delhi focused on political and economic collaboration, while Minister for Forest Ain Bahadur Shahi Thakuri’s meeting with his Indian counterpart focused on transboundary environmental conservation. During Minister for Water Supplies Pradeep Yadav’s visit to New Delhi, the two countries signed an agreement expanding cooperation in water resources management, sanitation and hygiene. The two countries have expressed commitment to address water scarcity and improve public health through joint infrastructure projects and knowledge-sharing.

Meanwhile, India’s Minister for Power Manohar Lal Khattar’s visit focused on cross-border electricity trade and hydropower development. Officials of Nepal Electricity Authority (NEA) and Power Grid Corporation of India signed an MoU to advance two critical trans-border transmission lines in the presence of Khattar and Energy Minister Deepak Khadka. Complementing this, a recent Memorandum of Understanding (MoU) in agricultural science and technology, signed by Agriculture Minister Ramnath Adhikari and India’s Minister for Agriculture and Farmers’ Welfare Shivraj Singh Chouhan in Kathmandu aims to enhance food security and sustainable farming through joint research and innovation. Security and trade ties have also seen progress. The Nepal-India Joint Working Group and director general-level talks addressed border management, cross-border crime and trade facilitation which are crucial for Nepal’s reliance on Indian ports. India recently renewed Bureau of Indian Standards (BIS) certifications for over 100 industries, which will help resume long-stalled export of products like cement, steel and agro products to India. 

There are some concerning issues as well. Nepal harbors resentment with India over delayed Eminent Persons’ Group (EPG) Report and handling of border issues. Recent allegations of India’s support for Nepal’s pro-monarchy movement, though swiftly denied by India, highlight the delicate nature of Nepal’s domestic politics. India’s wariness of Nepal’s engagement with China’s Belt and Road Initiative (BRI) adds another layer of complexity. Despite these tensions, both nations have prioritized economic and developmental partnerships. Such partnerships are crucial for Nepal given withdrawal of the USAID support and impending graduation from Least Developed Country (LDC) status, which could impact international development support to Nepal.  

The one-on-one meeting between Prime Minister KP Sharma Oli and Indian Prime Minister Narendra Modi on the sidelines of the BIMSTEC meeting earlier this month and Wednesday’s telephone conversation between the two leaders following the terrorist attack in Pahalgam of Kashmir signal a commitment to strengthening ties. While Oli’s potential visit to New Delhi remains uncertain, this pragmatic approach—emphasizing mutual benefits while gradually addressing contentious issues—is paving a promising path for Nepal-India relations.

The price of gold has dropped by Rs 1, 000 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 189, 600 per tola today. It was traded at Rs 190, 600 per tola on Thursday.

Similarly, the silver being traded at Rs 2,000 per tola today.