AGP Executive Report
Last update: 6 hours agoAgniveer Recruitment Deadlock: India’s Army Chief visit to Nepal has reignited calls to reopen recruitment of Nepal-domiciled Gorkhas after nearly six years, with Kathmandu citing treaty and security concerns. Hydropower IPO Delays: A long Sebon backlog is squeezing hydropower developers, with IPO and rights-issue approvals pending for projects totaling about 4,000 MW and forcing costly bridge financing. NEPSE Pullback: Nepal Stock Exchange fell 7.37 points to 2,643.83 on Friday; 344 companies traded Rs 1.53bn, with MEPDL up and SKHL down sharply. Ncell Share-Deal Report in Court: Nepal’s Supreme Court issued an interim order blocking publication of the Ncell investigation report, citing commercial confidentiality and privacy risks. LPG Gas Shortage Row: Government and the LP Gas Industry Association say supply is normal and imports are up, blaming hoarding and fear for queues; Nepal Oil Corporation will distribute gas from multiple Kathmandu locations. Private Sector Push: Chief Secretary Govinda Bahadur Karki said outdated laws and corruption control are key to improving the business climate and protecting private property. Dairy Supply Pact: NACCFL, SKBBL and DDC signed a tri-party deal to move 15,000 litres of milk daily from Aug 17 and settle dues to farmers. Tourism as Growth Engine: Speaker Dol Prasad Aryal urged NATTA and stakeholders to tackle policy and structural hurdles to boost foreign earnings.
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.
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