Himalayan Climate Risk: New research warns glaciers across the Himalaya-Karakoram are losing mass 65% faster than a decade ago, with only about 21 of roughly 40,000 glaciers closely monitored—raising the odds of cascading hazards after Nepal-Tibet floods. Disaster Recovery Costs: Nepal’s government-led RDNA pegs Rasuwa-Bhotekoshi flood recovery and reconstruction needs at about USD 4.7bn, including risk-reduction and resilience, after damage estimated around USD 2.7bn. Flood Impact on Homes: A joint assessment says 7,570 private buildings were damaged and 32,963 people displaced from 8,317 families across five districts, with Nuwakot worst hit. Aid & Relief Funding: Nishan Polyclinic donated Rs 4 lakh to the PM’s Disaster Relief Fund, while multiple groups and banks continue contributions as recovery shifts on the ground. Energy & Trade Connectivity: MCA-Nepal completed an 18-km Nepal-side section of the MCC 400kV cross-border transmission line, with initial operations planned at 220kV; meanwhile, Korala border trade surged as 641 EVs entered Nepal in 15 days after Rasuwagadhi-Kerung shut. Local Economy Pressure: Kathmandu Valley residents report food price hikes and acute LPG shortages ahead of Teej, forcing people to cut festive spending. Governance & Institutions: A draft bill proposes one-time retirement for civil servants over 55 or with 30 years of service, potentially affecting about 10,000 staff.