Nepse Correction: Nepal Stock Exchange fell sharply this week, with the NEPSE index down 52.60 points (1.95%) to 2,649.51, wiping about Rs 80 billion in investor wealth as selling pressure hit most sectors. Football Governance: Police arrested former ANFA president Karma Tsering Sherpa over alleged embezzlement of Rs 87.8 million from Tungaram International Academy, adding to governance scrutiny in Nepali sports. Public Finance & Debt: Nepal’s public debt has more than doubled in seven years, reaching Rs 2,961.19bn by mid-June, with foreign debt now over half of the total. Fuel Imports: Petroleum product imports neared Rs 300 billion in the first 11 months of FY 2025/26, driven by higher international prices, with diesel the biggest component. Drug Policy Shift: Nepal announced a move to treat drug addiction as a health issue—patients for treatment and rehabilitation—while promising tougher action against trafficking networks. Cooperatives Refund: 158 depositors of troubled Tulsi Cooperative received savings refunds as the government continues recovery and repayment from recovered assets. Border Security: APF plans intelligence-led Border Interaction Teams with plain-clothes personnel at major border points to curb smuggling and cross-border crime. Regional Trade & Tourism: Nepal-China investment, trade and tourism opportunities were discussed in Lhasa, with Chinese investors and Nepali entrepreneurs in attendance. Local Economy: Manahari farmers earned Rs 289.7 million from milk sales in FY 2025/26, supported by timely payments and subsidies.