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The United States has expressed support for the Nepali people’s aspirations for a transparent government that adheres to the country’s Constitution.

Issuing a statement on Friday on the occasion of the Constitution Day of Nepal, US Secretary of State Marco Rubio said that the transparent government is essential for achieving a democratic solution as Nepal is preparing for the forthcoming elections.  

“The United States joins the people of Nepal in mourning the loss of life and extends our condolences to the families of those killed and injured in recent protests,” he said, adding, “ The people of Nepal deserve a hopeful future focused on advancing economic growth, strengthening regional security, and promoting prosperity for all.”

Secretary Rubio said that the Millennium Challenge Corporation Compact will support the expansion of Nepal’s transportation and energy infrastructure, create jobs, and drive long-term economic growth while strengthening the US-Nepal partnership and creating business opportunities for American companies.

“We extend our congratulations to the people of Nepal on this day and look forward to continuing close cooperation with Nepal in promoting stability in South Asia and contributing to a safer and more secure world,” according to the statement.

Bank and financial institutions reported net profit of Rs 9.37bn in the first month of the current fiscal year. This is 7.77 percent lower than the same period of the previous fiscal year when BFIs posted total net profit of Rs 10.16bn. According to the Nepal Rastra Bank (NRB), commercial banks alone posted net profit of Rs 8.38bn in Shrawan (mid-July to mid-August), or 89.33 percent of total net profit of BFIs, in the review period. Development banks and financial companies reported net profits of Rs 820m and Rs 180m, respectively, in the first month of 2025/26.

BFIs had reported a total net profit of Rs 78.8bn in 2024/25. Meanwhile, total deposits in BFIs fell by Rs 63bn and loans by Rs 18bn in mid-August compared to mid-July. In the same period of the previous fiscal year, deposits had declined by Rs 57bn while credit had expanded by Rs 3bn. 

The central bank further added that non-banking assets of banks went up to Rs 50.56bn in mid-July. Among commercial banks, Global IME Bank reported the highest net profit of Rs 784.5m in the first month of 2025/26, followed by Nabil Bank at Rs 716.4m and Nepal Investment Mega Bank (NIMB) at Rs 634.2m. State-owned banks, Rastriya Banijya Bank and Nepal Bank Ltd, took the next two spots with net profits of Rs 558.3m and Rs 552.7m, respectively.

According to the central bank, Prime Commercial Bank was next with a net profit of Rs 505m, followed by Kumari Bank (Rs 492.4m) and Everest Bank (Rs 483.9m). Similarly, NMB Bank posted a net profit of Rs 466.8m, Himalayan Bank Rs 408.9m, Siddhartha Bank Rs 401.4m and Laxmi Sunrise Bank Rs 394.5m.

Likewise, Sanima Bank reported a net profit of Rs 390.3m, followed by NIC Asia (Rs 319.4m), Prabhu Bank (Rs 302.3m), Citizens Bank (Rs 272.5m) and Standard Chartered Bank Rs 271.6m. Machhapuchchhre Bank posted a net profit of Rs 265.2m in the review month, while Nepal SBI Bank and Agricultural Development Bank Ltd earned net profits of Rs 158.9m and Rs 3.8m, respectively.

Vice President Ram Sahaya Prasad Yadav has emphasized the shared commitment and engagement of all sides to fully comply with the inclusive principle in the constitutional organs and bodies.

In his message on the occasion of Constitution Day and National Day, 2082 BS of the Federal Democratic Republic today, he highlighted the need of all-side engagement and commitment for the full implementation of the fundamental rights, consolidation of federal structures and judicious sharing of power, and resources and empowering province and local level.

"The Constitution is a historic achievement of the enduring struggle of the Nepali people. It has laid the foundation for our national aspirations, sovereign rights, and democratic values", the message reads.

Recent efforts and actions to address the 'Gen Z' movement within the framework of the Constitution and the formation of an interim government has reiterated the message of the Constitution's flexibility, solution-oriented nature, and inclusive character, the Vice President noted.

"The Constitution provides us with guarantees of equality, freedom and social justice. The main law of the land has laid the foundation for building a prosperous nation by binding a multi-ethnic, multilingual, multi-religious and multicultural society in the thread of unity," he stated in the message.

Moderate rainfall is likely to take place in some areas of the hilly regions of the country, including Koshi, Bagmati, Gandaki, and Lumbini Provinces, as well as a few places in the remaining areas.

In one or two locations in the hilly and Tarai regions of Koshi, Bagmati, Gandaki, and Lumbini Provinces, there is a possibility of heavy rainfall.

Tonight, the weather will generally be cloudy in the hilly regions of the country, including Koshi, Madhesh, Bagmati, and Gandaki Provinces while there will be partial cloud cover in the remaining Terai regions.

There is a chance of moderate rainfall in a few areas of Koshi, Madhesh, Bagmati, and Gandaki Provinces, as well as one or two places in the remaining areas.

The Meteorological Forecasting Division has urged one and all to adopt safety precautions and preparedness, citing the risk of landslides and debris flows due to rain.

President Ram Chandra Paudel has said that the present Constitution has integrated Nepali society having ethnic, lingual, religious, cultural and geographical diversities into the broader national unity by ending all forms of discriminations and oppressions resulting from centralized and unitary state systems.

In his message of best wishes on the occasion of Constitution Day today, the President called on all to stay united to realize the aspirations of sustainable peace, good governance, development and prosperity through the federal democratic republic systems.

The Constitution has set a broader goal to create an egalitarian society based on social justice and socialism-oriented economy.

He emphasized the need to ensure equal access for all citizens to services and facilities provided by the State as guaranteed by the Constitution, and to provide social security guarantees to ordinary citizens.

The Constitution has provided equal protection to the unique geographical structure of the mountain, hills and Tarai, which is multi-ethnic, multi-lingual, and multi-cultural. He expects that no one will inflict harm to the mutual harmony, fraternity and coexistence among the Nepalis keeping such diversities in the center.

Today, the Constitution Day (National Day) is being celebrated in commemoration of the epochal achievement of the promulgation of the Constitution of the Federal Democratic Republic Nepal on 20 September 2015.

On this occasion, the President extended best wishes to all Nepali sisters and brothers at home and abroad. The Head of the Nation offered heartfelt tributes to all known and unknown martyrs who sacrificed their invaluable lives during various movements for the establishment of the Federal Democratic Republic. Further, he expressed respect and reverence for the leaders of the political parties who led the movements for the establishment of the republic, lauding the contribution of the common citizens and political activists who participated in the democratic movements.

The Constitution Day and National Day, 2025 is being celebrated today by organizing several programs.

President Ram Chandra Paudel is scheduled to attend the main function of the day at Army Pavilion, Tundikhel in Kathmandu at 8:30 am today.

On the occasion, newly-appointed Prime Minister of the Interim Government Sushila Karki is addressing the ceremony.

In the recent adverse political circumstances, events such as procession and parade for the day will not feature in the celebrations.

The Constitution of Nepal was proclaimed on Ashoj 3, 2072 (20 September 2015) through the epoch-making Constituent Assembly which was formed on the backing of the arduous struggle and sacrifices of the Nepali people.

'The Constitution of Nepal, 2072' was promulgated following the second-round election to the Constituent Assembly with relentless efforts and prolonged disputes.

It may be noted that the then President Dr Ram Baran Yadav had announced the promulgation of the Nepal Constitution from the CA meeting hall at the New Baneswor-based International Conference Centre in the evening of Asoj 3, 2072 BS.

Newly appointed Prime Minister Sushila Karki held a telephone conversation with his Indian counterpart Narendra Modi on Thursday.

During the conversation between the heads of government of the two close neighbors, matters relating to Nepal-India relations, issues of bilateral interest, and mutual concerns were discussed, it has been said.

On the occasion, Prime Minister Karki extended best wishes to her Indian counterpart on the occasion of his 75th birthday. She also recalled the centuries-old friendly relations between Nepal and India and briefed Prime Minister Modi on the latest political developments in Nepal.

In response, the Indian Prime Minister congratulated Prime Minister Karki on her appointment to the post of Prime Minister of Nepal and pledged the continued support of India to Nepal as a good neighbor in the days to come, according to the Ministry of Foreign Affairs.

The Indian Prime Minister extended heartfelt condolences for the tragic loss of life during the recent protests in Nepal. 

Prime Minister Modi conveyed India’s readiness to continue working closely to further strengthen the special ties between the two countries and India’s full support to Nepal in its efforts towards restoring peace and stability, and for the progress of the people of Nepal.

Prime Minister Modi also extended felicitations on the occasion of the upcoming National Day of Nepal.

The leaders agreed to remain in touch.

The price of gold has dropped by Rs 900 per tola in the domestic market on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 215, 200 per tola today.

Similarly, the price of silver has dropped by Rs 30 and is being traded at Rs 2, 520 per tola.