Gladbach sack manager Seoane after goalless start to season

Borussia Moenchengladbach have fired manager Gerardo Seoane, the Bundesliga club said on Monday, after the German side failed to score in three league games this season, culminating in a 4-0 home loss to Werder Bremen, Reuters reported.

Gladbach are 16th in the standings on one point, their poor run extending to 10 league games without a win including last season.

"After an intensive review of our start to the season, we have come to the conclusion that we have to make a change in the position of head coach," Gladbach Sporting Director Roland Virkus said in a statement, according to Reuters.

France World Cup winner Umtiti retires at 31

Former Barcelona centre back Samuel Umtiti, a key figure in France's triumphant 2018 World Cup campaign, has announced his retirement at the age of 31, Reuters reported.

A product of Olympique Lyonnais' academy, Umtiti joined Barcelona in 2016 and made 133 appearances for the club, helping them to two LaLiga titles.

Umtiti, whose career was hampered by chronic cartilage problems in his knee, last played for Ligue 1 club Lille, according to Reuters.

Current account remains at a surplus of Rs 78 billion: NRB

The current account remained at a surplus of Rs 78.14 billion in the first month of the current fiscal year against the surplus of Rs 33.08 billion in the same period of the previous year, according to the Nepal Rastra Bank (NRB). 

"In the US Dollar terms, the current account registered a surplus of Rs 561 million in the review period against a surplus of Rs 246.8 million in the same period of the previous year," the NRB shared on Monday releasing the Current Macroeconomic and Financial Situation of Nepal based on one month data ending mid-August. 

In the first month of the current fiscal year, Rs 691.5 million foreign direct investment (equity only) was received, while the amount was nearly Rs 800 million in the same period of the previous year.

In the review period, net capital transfer amounted to Rs 1.04 billion. In the same period of the previous year, such transfers amounted to Rs 223.2 million. 

Likewise, the Balance of Payments (BOP) remained at a surplus of Rs 89.30 billion in the review period. Such a surplus was Rs 40.90 billion in the previous year, the NRB stated.

The gross foreign exchange reserves increased 4.8 percent to Rs 2806.04 billion in mid-August 2025 from Rs 2677.68 billion in mid-July 2025. Of the total foreign exchange reserves, the reserves held by the NRB increased 4.0 percent to Rs 2511.45 billion in mid-August from Rs 2414.64 billion in mid-July. Reserves held by banks and financial institutions increased 12 percent to Rs 294.58 billion in mid-August from Rs 263 billion in mid-July. 

The NRB shared that the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 20.4 months, and merchandise and services imports of 16.6 months based on the imports of the first month of 2025/26.

 

Heavy rainfall likely in some places of five provinces today

The low-pressure monsoon trough is in its average position at present and there is also an impact of water vapor from the Arab Sea and the Bay of Bengal, according to the Weather Forecasting Division.

The Division stated that the weather shall remain generally cloudy nationwide today and some areas of Bagmati, Gandaki, Lumbini and Sudurpaschim Provinces and some other places of the country's hilly and Tarai regions and the moderate rainfall is likely in other parts.  

Likewise, there are chances of heavy rainfall in one or two areas of Bagmati, Gandaki, Lumbini Karnali and Sudurpaschim Provinces, the Division mentioned. 

Later tonight, the weather will remain generally cloudy throughout the country and moderate rain is likely to occur in Koshi, Lumbini and Sudurpaschim Provinces and different parts of the country's hilly and Tarai regions. Also, there are chances of heavy rainfall in one or two places of Koshi and Sudurpaschim Provinces. 

The rainfall may trigger landslides and debris flow along with floods in the streams, the Division stated, while urging the communities to remain alert with preparedness. 

 

 

Remittance inflow crosses Rs 177 billion in first month of current fiscal year

The Nepali migrant workers sent Rs 177.41 billion in remittance in the first month of the current fiscal year, according to the central bank. "Remittance inflows increased 29.9 percent to Rs 177.41 billion in the first month of 2025/25. Remittance inflow had increased 17.7 percent to Rs 136.60 billion in the same period of the previous year," the Nepal Rastra Bank stated in the Current Macroeconomic and Financial Situation of Nepal based on one month data ending mid-August.

Likewise, the Bank stated that the net secondary income (net transfer) reached Rs 193.85 billion in the first month of the current fiscal year. Such income was Rs 148.08 billion in the same period of the previous year.

The number of Nepali workers taking first-time approval for foreign employment stands at 44,466 and taking approval for renew entry stands at 23,644. In the same period of the previous year, such numbers were 36,928 and 22,647 respectively.

 

 

Government to form high-level judicial committee to investigate arson and looting

The government has decided to form a high-level judicial committee to investigate arson and looting of public property during the Gen Z protests.

A Cabinet meeting held on Monday made the decision to this effect, Home and Law Minister Om Prakash Aryal said.

He said that the committee will be formed under the headship of former judge.

 

 

 

Govt to provide Rs 1.5 mln in compensation to families of those who died in Gen Z protests

The government has decided to provide compensation of Rs 1.5 million to the families of those who died in the Gen Z protests.

A Cabinet meeting held on Monday decided to declare the deceased martyrs and conduct a funeral with national honors.

 

 

Government declares public holiday on September 17 to mourn loss of lives in Gen Z protests

The government has decided to observe a national day of mourning on September 17.

Home Minister Om Prakash Aryal 

said that the Cabinet meeting held on Monday decided to declare a public holiday on September 17 to observe the day.

He said that the national flag will be lowered on that day.