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The government has made it clear that Nepal Electricity Authority (NEA) will also benefit from the cross-border transmission line to be built between Nepal and India.

An agreement has already been signed between Nepal and India to jointly construct two additional 400 KV cross-border transmission lines—Inaruwa-Poornia and Dododhara-Bareilly.

For this, a joint venture company is to be established between Nepal Electricity Authority and Power Grid Corporation of India Limited. 

According to the agreement, NEA's share in the joint venture company will be 51 percent in the section to be built in Nepal, shared Sandeep Kumar Dev, Joint-Secretary at the Ministry of Energy, Water Resources and Irrigation.

Similarly, the NEA will have a 49 percent stake in the transmission line to be built in the Indian section.

The ministry has said that the construction of trans-country transmission lines has been given priority to ensure a market for the electricity generated from the power projects for which power purchase agreements have been concluded.

Partly cloudy conditions are expected in the hilly regions of Koshi and Gandaki Provinces, while the weather will remain mainly fair in the rest of the country. 

According to the Weather Forecasting Division, there is a possibility of light rain or snowfall at one or two places in the mountainous regions of Koshi and Gandaki Provinces.

The meteorological analysis by the Division shows that there is currently no significant effect of the weather system across the country.

A Ukrainian court has handed down the first jail sentence for life against a Russian soldier accused of killing a Ukrainian prisoner of war, BBC reported.

Dmitry Kurashov, 27, was found guilty of shooting dead Vitalii Hodniuk, a veteran 41-year-old Ukrainian soldier who had surrendered following capture in 2024.

Ukraine's national police said that "expert reports, witness testimony and video footage from the scene confirmed that the Russian soldier deliberately killed the POW on the orders of his commanders, who had instructed troops not to take Ukrainian soldiers captive".

Tesla boss Elon Musk has had a record-breaking pay package that could be worth nearly $1tn (£760bn) approved by shareholders, BBC reported.

The unprecedented deal was approved by 75% of votes and drew huge applause from the audience at the firm's annual general meeting on Thursday.

Musk, who is already the world's richest man, must drastically raise the electric car firm's market value over 10 years. If he does this and meets various targets, he will be rewarded with hundreds of millions of new shares, according to BBC.

US President Donald Trump has been criticised by world leaders for his stance on climate change, ahead of the global COP30 summit, BBC reported.

President Trump, who is not attending the meeting in the Amazonian city of Belem, was called a liar by the leaders of Colombia and Chile for his rejection of climate science.

UK Prime Minister Sir Keir Starmer acknowledged the waning political support on climate change. He said it had been a unity issue internationally and in the UK but "today sadly that consensus is gone".

Over the next two weeks countries will try and negotiate a new deal on climate change, with a particular focus on channelling more money to forest protection, according to BBC.

Typhoon Kalmaegi made landfall in Vietnam on Thursday after killing at least 114 people and flooding entire towns in the Philippines, BBC reported.

More than 260,000 soldiers are on standby for rescue efforts as winds of up to 92mph (149km/h) hit the country's coastline, according to Vietnamese media and the government's online portal.

Six airports in the country have been forced to close and hundreds of flights are expected to be affected, the government warned, according to BBC.

President Ram Chandra Paudel returned home from Qatar on Thursday after attending the 'Second World Summit for Social Development' held in Doha, Qatar. The event commenced on Tuesday. 

Vice President Ramsahaya Prasad Yadav, Prime Minister Sushila Karki, Home Minister Om Prakash Aryal, Foreign Secretary Amrit Bahadur Rai, the Qatari Ambassador to Nepal, and the chiefs of security agencies received the Head of the State  at the Tribhuvan International Airport.

On the occasion, a contingent of Nepali Army accorded a guard of honour to President Paudel. 

Paudel departed for Doha on Monday at the invitation of Qatar's Amir Sheikh Tamim bin Hamad Al-Thani, leading a Nepali delegation along with First Lady Sabita Paudel.

The President addressed the main session of the 'Second World Summit for Social Development' held in Doha as per the UN General Assembly's decision.

He also addressed a high-level roundtable conference focused on enhancing the three pillars of social development: poverty alleviation, productive employment and decent work for all, and social inclusion. 

UN Secretary General Antonio Guterres paid a courtesy call on President Paudel during his stay in Qatar.

Paudel also visited the Qatar National Museum on Wednesday.

Nepal-India Chamber of Commerce & Industry (NICCI) today suggested Finance Minister Rameshwor Khanal to form the Foreign Investor Council.

Paying a courtesy call on Finance Minister Khanal, NICCI President Sunil KC suggested forming the council to facilitate foreign investors, apprised with issues faced by the Indian multinationals in Nepal including General Sales Tax (GST) and control of unauthorized trade, reads a statement issued by NICCI. 

The recent review of GST by the Indian government is expected to result in widening price arbitrage (raising grey-channel risk) and improved affordability for impacted formal imports – as price ladders shift downwards along with India MRP revisions.

India’s 56th GST Council has approved broad rate changes effective from September 22 this year. This re-bases India MRPs across several Fast-Moving Consumer Goods (FMCG) lines.

On the occasion, KC also highlighted the rise of illegal trade that is bleeding the government coffer.

Responding to KC, Finance Minister Khanal said that the ministry will take up the idea of Foreign Investor Council under the Ministry to facilitate the foreign investor. Nepal needs foreign investment to not only create jobs in the country but also to boost the export and expand economy, he said, according to the statement.