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The government has decided to accept a grant assistance of 2.8 billion Japanese Yen from the government of Japan for emergency reconstruction of the BP Highway damaged by the flood. 

A meeting of the Council of Ministers held on July 28 decided to accept the grant assistance, government spokesperson and Minister for Communications and Information Technology, Prithvi Subba Gurung said. 

Similarly, the government has also decided to accept concessional loan assistance equivalent to approximately Rs 18.92 billion from the International Development Association (IDA) of the World Bank Group for the implementation of the third phase of the Rani Jamara Kulariya Irrigation Project. 

Likewise, as per the Cabinet decision, the government will entertain concessional loan assistance of USD 120 million (approximately Rs 16.74 billion) that includes USD 86.7 million of shorter maturity loan of 33.3 million of a concessional loan from the IDA of the World Bank Group for the Power Distribution Strengthening Programme  (PDSIP). 

The meeting also decided to accept a grant of Euro 20 million from the Government of Germany for the same programme.

Similarly, the meeting decided to endorse the 'Letter of Exchange' (LoE) to amend the Protocol of the Nepal–India Transit Treaty, 2023, and to authorize a government representative to sign the document on its behalf. As per the meeting agreement, Minister for Energy, Water Resources, and Irrigation, Deepak Khadka is set to attend the 'National Forum on Pumped Storage Hydropower' scheduled to take place on September 8-10 in Paris of France. 

The government has decided to allow Secretary of the Ministry of Law, Justice and Parliamentary Affairs Parashwar Dhungana to represent Nepal at the second session of the preparatory commission of the Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ), which will be held at the United Nations headquarters in New York on 18-29 August 2025. 

Likewise, the government has decided to promote and appoint Man Bahadur Karki, the Associate Registrar of the Supreme Court, to the post of Registrar in the gazetted special category of judicial service as per the recommendation of the Judicial Service Commission. 

Similarly, the Cabinet decided to promote and appoint SC's Registrar Bimal Paudel to the position of Chief Registrar in the gazetted special category of Nepal Judicial Service. 

According to Gurung, a decision has been made to grant permission for the Secretary of the Ministry of Home Affairs, Gokarnamani Duwadi to participate in the 'Care for South Asia Project Completion and Dissemination Workshop' held in Bangkok, Thailand on July 29-31. 

Similarly, it has been decided to form a Nepali delegation to participate in the 'Third United Nations Conference on Landlocked Developing Countries' (LLDC-3) under the leadership of Prime Minister KP Sharma Oli during an official visit to Turkmenistan from August 3-8. 

The government has decided to appoint Dhrubaraj Bhattarai (Tanahun) as the Registrar of the Nepal Engineering Council. 

The government has decided to grant theoretical approval for the draft bill to amend and integrate the national youth-related laws. 

Also, the government has made a decision to exempt salutation costs levied in 97 mountains which have been opened for climbing activities in Karnali Province and Sudurpashchim Province. 

The Cabinet has decided to appoint Dr Ujjwal Chalise as the Executive Director of Bhaktapur Cancer Hospital Development Committee. 

Prime Minister KP Sharma inaugurated the 'FIFA Football for Schools' campaign today. 

During the inaugural ceremony organized by the All Nepal Football Association (ANFA) at the Dashrath Stadium in Kathmandu, the Prime Minister said the government accorded priority to the further development of the sports sector. 

He also announced to build an advanced stadium in Suryabinayak of Bhaktapur.  

It is said that under the campaign around 1,000 school students will be freely provided with football besides specialized training to school teachers and football team coaches. 

Police have arrested a person for his alleged involvement in killing a 15-year-old girl. 

The arrestee has been identified as Rambabu Shah (35) of Ichhapur of Kshireshwornath Municipality-9. 

Anjali Kumari Yadav of Bateshwor Rural Municipality-5 in Dhanusa was found murdered at her rented room in Kataiyachauri of Janakpurdham Sub-Metropolitan City-4 on Monday. 

Prior to this, Yadav had spent a five-year jail term for murdering his spouse, police said. He was released some five years ago. 

Anjali's mother and another 14-year-old girl have been injured in the attack and are being treated at the Dharan-based BP Koirala Institute of Health Sciences.

Police are further investigating the case.

An M23 rebel attack on farmers and other civilians in east Democratic Republic of Congo killed 169 people earlier this month, a U.N. body told Reuters, in what would be one of the deadliest incidents since the Rwanda-backed group's resurgence, Reuters reported.

M23 leader Bertrand Bisimwa told Reuters it would investigate but the report could be a "smear campaign".

The U.N. rights body's account has not been previously reported and emerged as U.S. President Donald Trump's administration pushes for peacebetween Congo and Rwanda that it hopes will unlock billions in mineral investments, according to Reuters.

Prime Minister KP Sharma Oli today held discussions with the leaders from two major ruling partners, the Nepali Congress and the CPN-UML. 

The Prime Minister, who also serves as the UML Chair, held the meetings at the Prime Minister's official residence, Baluwatar. 

NC President and former Prime Minister Sher Bahadur Deuba, NC Vice President Purna Bahadur Khadka,  UML Vice Chair and Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, NC leader and Home Minister Ramesh Lekhak  and the Prime Minister's chief advisor Bishnu  Prasad Rimal were present on the occasion.

Prime Minister KP Sharma Oli encouraged courageous and optimistic young entrepreneurs to take the lead in fulfilling the national aspirations of 'Prosperous Nepal, Happy Nepali'.

PM Oli said so at a program titled 'Startup Entrepreneurs with PM' organized by the Industrial Enterprise Development Institute at the PM's official residence, Baluwatar, today.

Oli urged them to move forward with optimism and a vision of a developed country as well as with 'We can do!' attitude. 

"We will be graduating into developing country status in 2026. After that we will be a developing country. No one will come and build our nation. We have to do it ourselves," asserted the septuagenarian leader.

He viewed that through the use of technology, innovation and practical application, we can move towards modernization and optimum production.  "If we are committed to propel it, we can do it. Nepal will rise," said the Head of the Government. 

Minister for Agriculture and Livestock Development Ramnath Adhikari said that the government is committed to ensuring the right to food as a fundamental right as a welfare state.

Addressing an inaugural session and ministerial roundtable of the UN Food Systems Summit Stocktake (UNFSS+4) held in Addis Ababa, Ethiopia from July 27-29, Minister Adhikari asserted that the right to food has been enshrined as a fundamental right by the Nepal's Constitution. 

The minister also apprised the delegates of the summit that the government of Nepal has issued the Food Rights and Sovereignty Act and related regulations to enact the Right to Food.

Minister Adhikari noted, "It is not only a legal provision but also a political and ethical responsibility which will guide the national efforts."

He emphasized the need for a small economy like Nepal to develop the local food system and strengthen it to tackle the problems emanating from climate-related vulnerabilities, fragile mountainous terrain, degraded ecosystem, loss of biodiversity, rising food and agricultural imports and increasing consumption of unhealthy foods among others.

Shedding light on various government initiatives to support and empower the local farmers, women and youths as a part of development of local food system and strengthening program, the minister mentioned that priority has been accorded to the production of nutritious local and indigenous crops and development of value chain.

He also informed about the government's initiatives to incorporate locally produced food items in the school midday meal which, he added, had contributed in addressing the malnutrition among the school-going children thereby positively impacting their learning outcomes.

This effort, according to him, had also supported the rural economy and aiding the development of a resilient local food system. 

He shared about various sustainable and resilient agricultural practices being exercised and promoted in Nepal such as environment friendly agriculture, organic farming, climate-friendly agriculture and agricultural biodiversity and agroforestry systems.

He said that Nepal, as a low-income country, lacks the financial and institutional strength to transform its current food system into a sustainable, resilient and inclusive one in order to improve food security and nutrition. 

Highlighting the growing challenges caused by climate change in food production and the security system, the minister called for international support to address these issues.

The Nepal Stock Exchange (NEPSE) plunged by 38. 40 points to close at 2, 915. 73 points on Thursday.

Similarly, the sensitive index dropped by 7. 68 points to close at 500. 16 points.

A total of 36,871,244-unit shares of 318 companies were traded for Rs 15. 98 billion.

Meanwhile, Trade Tower Limited (TTL) and Nepal Finance Ltd. (NFS) were the top gainers today with their price surging by 9. 99 percent. Likewise, Bhugol Energy Development Company Limited (BEDC) was the top loser as its price fell by 7. 10 percent.

At the end of the day, the total market capitalization stood at Rs 1. 65 trillion.