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Nepal Rastra Bank Governor Dr Biswonath Poudel has stressed the urgency of political stability, investment-friendly environment and morale boost of the private sector to revive the national economy.

He clarified that reform in the economic system is needed to protect entrepreneurs. 

While welcoming the new working committee of the Society of Economic Journalists of Nepal (SEJON) on Thursday, NRB Governor Poudel mentioned that the problem had surfaced due to unclear law. In his view, legal clarity helps resolve the problems while negotiating the present difficult time. 

He reminded the media persons over the risk of dissemination of wrong information and messages. All should be aware of it, the Governor added.

"There won't be a resource crunch for the reconstruction of structures damaged during the Gen-Z protests. Although a huge financial resource is needed for the reconstruction, improvement in governance and administrative efficiency is prerequisite," Dr Pauel underlined. 

Moreover, there is no option before the government but to boost the morale of the private sector as there was massive damage to commercial buildings during the Gen-Z protests. "Our priority should also be attracting the foreign investment by creating an environment conducive to investment in the country," he said, assuring that it would not take time to revive the national economy and make it vibrant in some years we acted in collaboration.

The Election Commission has urged the government to ensure the necessary resources, including the amendment to the Voter Registration Act, 2073, to be able to conduct the elections to the House of Representatives within the stipulated time.

By the 16th of Kartik (November 2, 2025) the number of voters who have reached the age of 18 is projected to reach 18. 16  million..  

During a discussions with Home Minister Om Prakash Aryal held at the Election Commission today in relation to the upcoming elections, the EC officials including Acting Chief Election Commissioner Ram Prasad Bhandari said that since the collection of voter registration lists has been suspended from June 30 due to the previously set date for the by-elections, legal arrangements must be made to allow for the resumption of voter registration after the date for the mid-term elections has been announced.

On the occasion, discussions were held between the Commission and the government to amend the law by ordinance regarding the provision in sub-section 2 of section 4 of that Act.

After Home Minister Aryal suggested the EC plan measures to allow Nepalis living abroad to exercise their voting rights, in accordance with the Supreme Court's order, the EC has prepared to discuss with legal experts to provide suggestions on this topic.

Following the Gen Z demonstrations on the 24th and 25th of this month, an interim government has been formed under the leadership of former Chief Justice Sushila Karki, and the House of Representatives has been dissolved, with an election date announced for March 5, 2026.

The acting chief election commissioner Bhandari stated that the Commission has already started work on the elections as per the directive of the interim government, urging for effective security arrangements, assurance of manpower and resources, coordination with other ministries, involvement of political parties, and cooperation from the government and relevant sectors in the implementation of the election code of conduct.

US Ambassador to Nepal Dean R Thompson today paid a courtesy call on newly appointed Prime Minister of the interim government Sushila Karki. 

During the meeting held at the Office of the Prime Minister and Council of Ministers, Singha Durbar, the two exchanged views on various issues of mutual interest, according to the Prime Minister's Secretariat.

The Prime Minister acknowledged the US support to Nepal, expressing her hope that such assistance would continue in the future, too. 

Congratulating the Prime Minister on her appointment, the ambassador pledged the continuity of the US support to Nepal with priority as in the past. 

The families of four passengers who died on an Air India jet that crashed in June have filed a lawsuit in the US against planemaker Boeing and aircraft parts maker Honeywell, accusing the companies of negligence, BBC reported.

The lawsuit filed Tuesday, and seen by the BBC, said faulty fuel switches caused the accident and accused the companies of doing "nothing" despite being aware of the risks of the aircraft's design.

Air India Flight 171 bound for London Gatwick, a Boeing 787, crashed shortly after takeoff from Ahmedabad, killing 260 people.

Fuel switches have become a focus for investigators after a preliminary inquiry found that fuel to the engines was cut off moments after the plane left the ground, according to BBC.

Home Minister Om Prakash Aryal has said that ensuring a free and impartial environment for the upcoming election is a key responsibility of the incumbent government.

Speaking at an interaction organized today at the Election Commission in view of the recently announced House of Representatives election scheduled for March 5, 2026, Minister Aryal stated that the ongoing Gen Z demonstrations presented an opportunity to reaffirm democratic values and test public confidence through legitimate means.

He called upon all stakeholders to prioritize the upcoming election and contribute to creating a conducive environment for its success. 

The Minister also emphasized the need for guaranteeing voting rights for eligible Nepali citizens residing abroad with the use of technology and acknowledged the right of voters to recall their representatives mid-term if necessary.

During the event, the Election Commission presented an update on its ongoing activities and its expectations from the government to proceed ahead.

Share trading has closed for today after NEPSE – the benchmark index of share transactions in the stock market dropped by six percent. 

The market had started plummeting immediately after the commencement of stock trading. 

Within two minutes of the market resumption, the NEPSE index had dropped by four percent. The first negative circuit was applied within a short time. 

After the closure of the share market for 20 minutes and its subsequent reopening, the second circuit was triggered at 11:23 am. At that time, the market had declined by five percent. 

Following the second circuit, trading was suspended again for 40 minutes. When NEPSE opened the market again at 12:04 pm, the index had invariably dropped by six percent. 

The trading was closed following the third circuit. According to NEPSE, the index dropped by 160.33 points to 2,511.91. 

Total trading volume recorded in the limited time was Rs 728.72 million. The stock market that remained closed due to adverse situations in the country in the wake of the Gen Z protests on September 8-9 had opened today.

The Madhesi Commission and the National Women Commission have submitted their annual report for the fiscal year 2024/25 to President Ram Chandra Paudel on Thursday.

The two commissions presented their reports to the President in accordance with Article 294 of the Constitution of Nepal, at separate programs held at the President's office, according to a statement issued here today by spokesperson Pradeep Kumar Koirala.

The acting chairperson of the Madhesi Commission, Jeevachha Saha, and the chairperson of the National Women Commission, Kamala Parajuli, presented their respective commissions' reports.

Six office-bearers of the Janamat Party including senior Vice Chair Abdul Khan have resigned en masse, citing their demand for the leadership transformation remains unmet. 

Party central spokesperson Dr Sharad Singh Yadav, central coordinator Kumar Yadav, CK Singh, senior province in-charge (Sudurpaschim) Rajaram Chaudhary and central member Bikram Bahadur Bam are those who resigned collectively along with Khan. 

On Wednesday, the group had issued an ultimatum demanding the voluntary resignation of party Chair Dr Chandra Kant Raut and Dr Jaya Kant Raut from the Organizao Department within 24 hours.

According to spokesperson Yadav, the resigning leaders have not only stepped down from their respective positions but have also relinquished their general membership in the party.

In their resignation letter, the leaders stated that, given the country’s worsening political situation and the public sentiments, they had urged a change in leadership. However, the party leadership allegedly ignored their demands and, instead, responded arrogantly through the party's official social site page. 

The leaders further accused the party leadership of insulting the sacrifices made by the Gen Z groups in pursuit of political transformation in the country.