AGP Executive Report
Last update: 7 hours agoInternational Day of Yoga: Thousands marked June 21 worldwide under the theme “Yoga for Healthy Ageing,” with major events reported from China, Canada and Nepal, highlighting yoga’s growing role in wellness and active ageing. Gold & Silver Watch: Gold in Nepal rose NPR 600 per tola to NPR 287,300; silver also ticked up NPR 50 per tola to NPR 4,690. Banking Reform: Finance Minister Swarnim Wagle urged banks to act as “chariots” for citizens as NRB tightens CEO pay caps and benefits for banks and BFIs. Telecom & Travel Deals: Ncell partnered with Trip Turbo to offer discounts up to Rs 8,000 on travel and adventure bookings via the Ncell app, plus cuts on domestic flights and bus tickets. Clean Energy Funding: Government allocated Rs 2.63 billion for renewable energy and energy efficiency in FY 2026/27, including off-grid electrification, clean cooking, solar expansion and green hydrogen. FATF Grey List: Nepal remains on FATF’s grey list as the watchdog reviews progress, with continued scrutiny on AML/CFT reforms. Tea Export Crisis: Tea traders in Ilam and Jhapa say India’s tightened quality testing has halted exports, shutting factories and risking losses for farmers while no lab reports are yet provided. Regional GDP Gap: NRB data shows stark provincial disparity: Bagmati contributes 36.71% of GDP versus Karnali’s 4.2%. Private Sector Mood: Business leaders warn private investment remains cautious despite liquidity and lower rates, citing regulatory uncertainty and weak demand.
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.