Nepal News Evening Briefing | Sunday, August 16, 2026
Summary
Nepali politics dominated the day as the Nepali Congress factions held rival gatherings, Sher Bahadur Deuba defended his leadership, and KP Sharma Oli urged UML cadres to put national interest first. The roundup also covered LPG shortages in the Kathmandu Valley, strong bank profits, and rising gold prices.
Key Points
- Nepali Congress rival factions passed resolutions in Sukedhara, deepening the party’s internal split ahead of the 15th General Convention.
- Sher Bahadur Deuba and KP Sharma Oli made separate remarks on party leadership, the judiciary and national interest.
- Long queues formed in the Kathmandu Valley as Nepal Oil Corporation began special LPG sales amid a shortage.
- Commercial banks posted a combined net profit of Rs 71.61 billion in fiscal year 2025/26, while gold prices rose sharply.
