Market Momentum: NEPSE logged its strongest weekly gain in months, rising 76.76 points (2.95%) to 2,677.54 as weekly turnover jumped 48.5% to Rs 29.19 billion and sector indices broadly ended higher, with Manufacturing & Processing and Non-Life Insurance leading. FDI & Industry Pipeline: The Department of Industry approved foreign investment commitments worth Rs 58 billion in FY 2082/83, with manufacturing, energy, agriculture, tourism and IT all seeing new commitments—though separate reporting notes overall FDI commitments fell short of the prior year. Energy Trade: Nepal-India energy talks in Pokhara advanced decisions to expand electricity export capacity and cross-border transmission, aiming to strengthen clean power flows and reduce Nepal’s trade deficit. Trade Access: A UK-focused programme highlighted tariff-free opportunities for Nepali exporters under the DCTS, focusing on eligibility and compliance. Footwear Push & Crackdown: PM Shah pledged support to promote domestic footwear exports and jobs, while the Department of Commerce warned against selling unlabeled, counterfeit, low-quality or smuggled footwear. Logistics Upgrade: Nepal launched its first rail cargo from Kolkata to Biratnagar, extending direct rail access for third-country imports under the Nepal-India Transit Treaty. Infrastructure & Transport: Nagdhunga Tunnel is set for trial operation ahead of a July 27 inauguration, while smart driving licence printing backlog of 2.7 million cards has been cleared. Weather Risk: DHM issued alerts for heavy to very heavy rainfall today, warning of floods, landslides and disruption to transport, agriculture and tourism. Tourism/Entertainment: Guna Cinema reopened with eight screens after redevelopment, boosting local film exhibition capacity. Medicines Security: Nepal plans to produce 36 essential medicines within two years via Nepal Drug Limited, starting with 11 currently produced. Agriculture & Forest Governance: Lawmakers urged linking forest policy to production and the economy, while the agriculture ministry flagged reforms including an Agriculture Act draft and forest guard recruitment. Regional Security: BIMSTEC national security chiefs met in New Delhi, agreeing on practical steps against terrorism, cyber and maritime threats.