AGP Executive Report
Last update: 7 hours agoEnergy & Infrastructure: The 220 kV Markichok–Bharatpur transmission line has been charged and electricity started flowing, a move expected to improve reliability and reduce tripping across Chitwan, Hetauda, Butwal and Kohalpur. Agriculture Supply: The Ministry of Agriculture urged fertiliser dealers to collect government quotas from depots and distribute them without delay during paddy season, citing stock but dealer collection gaps. Local Development: Nepalgunj Sub-metropolis approved a Rs 1.76 billion budget for 2026/27, prioritising roads, city beautification, revenue growth and lake/park conservation. Banking & FX: NRB set Sunday forex rates with USD selling at Rs 152.83 and euro at Rs 174.65, while also directing BFIs to cut dormant accounts with customer notifications and easier closure processes. Markets: NEPSE fell 1.98% last week, wiping out about Rs 91 billion in book value as investor confidence stayed weak. Commodities: Gold rose by Rs 600 per tola to Rs 288,000; silver slipped to Rs 4,475 per tola. Business & Jobs: PM Shah held business parley talks on investment and economic revitalisation amid “investor paralysis” concerns. Agribusiness & Rural Livelihoods: Dadeldhura youths launched commercial Arabica coffee farming with 2,000 saplings, while Devchuli Municipality distributed subsidised agri tools worth Rs 9.2 million. Sports (Business Audience): Nepal opened the ACC Women’s U19 Premier Cup with a 105-run win over Qatar, then later thrashed Singapore by 151 runs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.