Nepal Speaker Subas Nembang likely to resign

Nepal Speaker Subas Chandra Nembang might resign today.

According to The Himalayan Times, he might announce his resignation before Parliament meets at 3 p.m.

The meeting is reportedly been held to elect a new Speaker.

The parties have been only given a day to find a common candidate. If they fail to do so, then, Parliament will hold an election for the post by Saturday.