Former Chief Justice Sushila Karki is likely to be appointed as the head of a caretaker government in Nepal, which would conduct fresh elections, addressing the demands of the agitating group, according to sources. Talks among various stakeholders, including representatives of the Gen Z group -- which spearheaded the anti-government protests -- the Army chief, and President Ramchandra Paudel, ended inconclusively at Thursday midnight.

However, the youth-led Gen Z group proposed Karki's name for the post of new prime minister, multiple sources said. President Paudel is expected to appoint Karki as the first female prime minister of Nepal on Friday morning. The president is currently holding consultations with various political leaders as well as constitutional experts to find a way out of the current political impasse, according to sources close to the president.