NEWS

NCC Urges Govt to Operate GBIA at Full Capacity

Nov 23, 2023 0 1 minutes 45 seconds to read

November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full…

Cimex Inc. Pvt. Ltd. Supports Quake-hit People

Nov 23, 2023 0 1 minutes 7 seconds to read

Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum…

Capital Gains Tax from Securities Trading Declined by Rs 135 Million during Festive Season

Nov 23, 2023 0 8 minutes 53 seconds to read

November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs 135…

Experts Warn of Impact of Excessive Use of Antibiotics on Public Health

Nov 23, 2023 0 2 minutes 8 seconds to read

November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public…

IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours

Nov 23, 2023 0 2 minutes 15 seconds to read

November 23: The Inland Revenue Department has honored 16 outstanding…

Traffic Police urges KTM Valley Denizens to Use Vehicles only for Essential Purpose Today

Nov 23, 2023 0 55 seconds to read

November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work…

Earthquake Jolts Kathmandu Valley

Nov 23, 2023 0 52 seconds to read

November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last…

Bharatpur Metropolis to Launch ‘Visit Bharatpur 2024’

Nov 23, 2023 0 1 minutes 43 seconds to read

Bharatpur Metropolitan City is gearing up for the 'Visit Bharatpur 2024' campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on…

Credit Flow of Banks Reaches Rs 32 Billion in One-Month Period from mid-October to mid-November

Nov 22, 2023 0 3 minutes 26 seconds to read

November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in…

One-third Members of Upper House Retiring on March 4, 2024

Nov 22, 2023 0 2 minutes 17 seconds to read

November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4,…

PM Consults with Stakeholders to Revive Economy

Nov 22, 2023 0 2 minutes 58 seconds to read

November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country's current economic…

VPN Use may Cause Theft of Sensitive Data: Nepal Police

Nov 22, 2023 0 51 seconds to read

November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site,…

PM Dahal to lead Nepal’s Agenda at COP 28 for Climate Action

Nov 22, 2023 0 8 minutes 44 seconds to read

November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like…

SC Seeks Written Response from Government on TikTok Ban

Nov 22, 2023 0 1 minutes 52 seconds to read

November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS…

Government Initiatives to Facilitate Loan Repayment and Boost Economy

Nov 22, 2023 0 2 minutes 4 seconds to read

In a bid to improve the nation's economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private…

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No Laughing Matter

The Sweet Rewards of Power

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NEPSE

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			'article_category_id' => '1',
			'title' => 'NCC Urges Govt to Operate GBIA at Full Capacity',
			'sub_title' => '',
			'summary' => 'November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the &#39;Sixth Lumbini Regional Festival&#39; which started in Bhairahawa on Wednesday, Malla said that the private sector&rsquo;s investment worth billions of rupees was at risk because the airport could not operate at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Malla said that along with the operation of the airport, Lumbini, the birthplace of Gautama Buddha, should also be made a center of attraction for international tourists. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The private sector invested millions of rupees with the hope that commercial activities will increase after the operation of the airport. But that has not happened and the investment is at risk. The government needs to pay attention to this aspect,&rdquo; said Malla.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a different context, NCC President Malla said that Bhairahawa SEZ should be put into operation through public private partnership. He stressed on the need to control illegal trade, which is taking place unabated due to the advantage of the open border with India. </span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => 'Cimex Inc. Pvt. Ltd. Supports Quake-hit People',
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			'summary' => 'Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The company has initiated an earthquake relief fund, encouraging customer participation. For every BYD Dolphin booked, a pledge of Rs. 10,000, and for every BYD ATTO 3 booked, Rs. 20,000 will be contributed to the relief fund until the 23rd of Mangshir. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In appreciation of customers&#39; contributions to the relief fund, Cimex Inc. will feature their names on the company&#39;s social media platforms and in daily newspapers. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In addition to the customer-driven initiative, Cimex Inc. has already made a substantial donation of Rs 11,00,000 to aid earthquake victims in the Sani Bheri Rural Municipality in Jajarkot. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The chairman of Cimex Inc., Mr. Anil Shrestha, personally handed over this donation to help the earthquake victims in Jajarkot and Rukum West.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;</span></span></p>
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			'title' => 'Capital Gains Tax from Securities Trading Declined by Rs 135 Million during Festive Season',
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			'summary' => 'November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs 135 million.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">135</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> million.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a one-month period from mid-October to mid-November, the government earned more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">8</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax. This amount is less by Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">13</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">24</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 compared to a month ago.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Suresh Neupane, information officer of CDSC, more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">95</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">79</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax were collected in mid-September to mid-October.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Neupane says that because there were fewer business days in the review month compared to a month ago, the capital gains tax earned by the government declined. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the government collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">4</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">0,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 from short-term investors and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">69</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">18</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 000 from long-term investors in the individual category during the review month.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that the government had collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">15</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">76</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 00,000 from short-term investors and more than </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">19</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000 from long-term investors in the previous month from mid-September to mid-October. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The government collects tax by dividing the investors who deal in the secondary market of securities into two categories in case of individuals investors. Those who hold shares for more than one year are considered as long-term investors and those who hold shares for less than one year are considered as short-term investors. The government charges </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7.5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax from short-term investors and </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent from long-term investors. Institutional investors have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax. If the investor earns profit from securities trading, there is a provision to pay capital gains tax based on the weighted average cost.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Due to the public holidays in mid-October to mid-November due to the festivals of Dashain and Tihar, there were only </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">days of trading in the stock market. According to Nepal Stock Exchange Limited, the operator of the secondary market of securities, </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">30</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">98</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">82</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">749 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">units of shares worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">73</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000</span></span> <span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">were bought and sold in these </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">trading days. While the share market opened at </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">864.62 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points in mid-October, it fell to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">852 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points on the last trading day inmid-November.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '19543',
			'article_category_id' => '1',
			'title' => 'Experts Warn of Impact of Excessive Use of Antibiotics on Public Health',
			'sub_title' => '',
			'summary' => 'November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at a programme organized in Janakpur by Madhesh Public Health Laboratory on the occasion of the &#39;World Antibiotic Resistance Awareness Campaign&#39;, experts advised the general public to use only the medicines prescribed by doctors.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of Provincial Public Health Laboratory Dr Shravan Kumar Mishra said that more than ten million people die every year due to biological resistance. He said that the misuse of antibiotics should be strictly stopped. Dr Mishra said taking antibiotics easily from drug stores and using them without doctors&rsquo; prescription can cause long-term effects on human health and even death.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that antibiotics are also for domesticated animals, which ultimately reach humans when they consume meat.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dr Mishra said that this type of action should be discouraged as long-term diseases are invited by the use of antibiotics in both human health and livestock. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of the Health Branch under the Ministry of Health and Population Dr Rajeev Kumar Jha said that the main challenge of human life is the easy availability of antibiotics in drug stores. He said that if the use of antibiotics is reduced from now on, big problems for human health can be avoided in the coming days.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'article_date' => '2023-11-23 12:39:05',
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	(int) 4 => array(
		'Article' => array(
			'id' => '19542',
			'article_category_id' => '1',
			'title' => 'IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours',
			'sub_title' => '',
			'summary' => 'November 23: The Inland Revenue Department has honored 16 outstanding taxpayers.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The Inland Revenue Department has honored </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">16</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> outstanding taxpayers.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Surya Nepal, which has been among the best taxpayers every year, has been honored as the company that pays the most taxes and files taxes on time this year. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, Nepal Telecom Company Limited (Nepal Telecom) has been honoured for paying the highest income tax. Dabur Nepal Pvt Ltd was recognized for its contribution towards highest exports while Asian Paints was honoured as the highest taxpayer among the industries.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the banking sector, Global IME Bank was honoured as the highest taxpayer, while ALAIC Nepal was recognized as the highest&nbsp; taxpayer among insurance companies.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, Chhimek Laghubitta Bittiya Sansthan was the highest taxpayer among microfinance&nbsp; institutions. OBC Feed and Feeds Pvt Ltd bagged the honours towards agricultural firms. On the education front, the Nobel Teaching Hospital was recognized as the highest taxayer.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Manakamana Cable Car was adjudged the highest taxpayer in the tourism sector. Likewise, Bhatbhateni Super Market was honoured as the highest taxpayer in the commodity trading section, Nepal Stock Exchange Limited (NEPSE) for middle level taxpayers, Bhotekoshi Energy Company in the energy sector, IME Remittance for remittances. The&nbsp; IRD honoured Vijay Kumar Shah as the highest taxpayer under the personal income tax segment.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19541',
			'article_category_id' => '1',
			'title' => 'Traffic Police urges KTM Valley Denizens to Use Vehicles only for Essential Purpose Today   ',
			'sub_title' => '',
			'summary' => 'November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Kathmandu Valley Traffic Police office made this call citing possibility of obstruction in vehicular movement due to the rallies announced by different groups at various places of the Valley on Thursday, November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Traffic Police has also requested the public to enquire about the situation of road by making a call at 100 or 103 or listening to Traffic FM 95.5 Megahertz before going out with vehicles. The Traffic Police has asked all those driving in the valley on Thursday for their cooperation as they may be asked to changes their route from any places for the safety of drivers and passengers. -- RSS</span></span></span></p>
',
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			'sortorder' => '19269',
			'image' => '20231123111149_20230726060105_Kathmandu-City-Of-Ruins.jpg',
			'article_date' => '2023-11-23 11:11:06',
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		'Article' => array(
			'id' => '19540',
			'article_category_id' => '1',
			'title' => 'Earthquake Jolts Kathmandu Valley   ',
			'sub_title' => '',
			'summary' => 'November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.The epicenter of the quake was located at&nbsp;Chitlang, Makawanpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the National Earthquake Monitoring and Research Centre, the earthquake measuring 4.5 in the Richter scale took place at 1.19 am on November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Senior seismologist Dr Lokbijay Adhikari informed that the quake occurred in Chitlang located in the border of Kathmandu, Makawanpur and Dhading districts.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to this, a 4.5-magnitude tremor was recorded with its epicenter at Dhamena of Bajhang on November 20. -- RSS&nbsp; </span></span></span></p>
',
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			'sortorder' => '19268',
			'image' => '20231123105521_earth.jpg',
			'article_date' => '2023-11-23 10:53:34',
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	(int) 7 => array(
		'Article' => array(
			'id' => '19539',
			'article_category_id' => '1',
			'title' => 'Bharatpur Metropolis to Launch ‘Visit Bharatpur 2024’',
			'sub_title' => '',
			'summary' => 'Bharatpur Metropolitan City is gearing up for the 'Visit Bharatpur 2024' campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Bharatpur Metropolitan City is gearing up for the &#39;Visit Bharatpur 2024&#39; campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Deputy Mayor Chitra Sen Adhikari revealed that the campaign is designed to designate 2024 as the official &#39;Visit Bharatpur Year.&#39;&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Noteworthy is the fact that Bharatpur Metropolitan City is the first local government to initiate a &#39;Visit Year&#39; campaign, emphasizing its significance not just for the city but for the entire nation.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of State for Culture, Tourism, and Civil Aviation, Sushila Sripali Thakuri, commended the historic efforts of Bharatpur Metropolitan City in promoting tourism by recognizing the region&#39;s natural beauty.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;She highlighted the ministry&#39;s commitment to overcoming legal obstacles hindering the protection and promotion of the tourism sector through comprehensive reviews.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dhananjay Regmi, Chief Executive Officer of the Tourism Board, emphasized the timeliness of launching the &#39;Visit Bharatpur 2024&#39; campaign, praising Bharatpur Metropolitan City&#39;s dedication to its success. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Metropolis has declared 2024 as the &#39;Visit Bharatpur&#39; year, encompassing a range of events and activities to boost tourism. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These include an international safari mart, investment summit, heritage marathon, government and stakeholder meetings, jungle festival, youth and women conferences, literary programs, national and international seminars, sports competitions, exhibitions, and food festivals. (RSS)</span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '19537',
			'article_category_id' => '1',
			'title' => 'Credit Flow of Banks Reaches Rs 32 Billion in One-Month Period from mid-October to mid-November',
			'sub_title' => '',
			'summary' => 'November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Banks&rsquo; lending has increased due to the increase in domestic economic activities amid festivals like Dashain, Tihar, and Chhath.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the latest data published by Nepal Rastra Bank, the banks disbursed a total credit of Rs 32 billion between mid-October to mid-November. As of mid-October, the total loans of banks stood at Rs 495.2 billion rupees, which increased to Rs 498.4 billion on November 10.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In the current fiscal year (FY) alone, the credit flow of banks increased by Rs 106 billion.&nbsp;During this period, deposits increased by Rs 157 billion.&nbsp;Along with the increase in deposits, banks reduced interest rates and emphasized on lending.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As banks have more investable funds (liquidity), they are reducing interest rates on deposits and loans.&nbsp;On November 10, the average credit-deposit ratio (CD ratio) of banks was 81.35 percent.&nbsp;There is a provision that banks can grant loans by maintaining a CD ratio of up to 90 percent.&nbsp;According to this provision, they still have the ability to provide additional loans of Rs 493 billion.&nbsp;Likewise, the money withdrawn from the banks during Dashain, Tihar and other festivals have returned to the banking system.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">NRB said that after Dashain holidays, deposits in banks and financial institutions increased by Rs 48 billion.&nbsp;According to NRB, the total deposits of banks and financial institutions reached Rs 591.6 billion as of November 10.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">By mid-October, the total deposits in the financial system stood at Rs 5915 billion.&nbsp;During Dashain, when deposits were withdrawn from banks, the deposits decreased to Rs 5868 billion on October 26.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">After the Dashain holidays, deposits in the banking system started to increase continuously. NRB&rsquo;s Executive Director Gunakar Bhatta informed that Rs 76 billion rupees flowed from the banking system to the market during Dashain, and the amount has returned to the system.&nbsp;However, bank deposits have decreased due to the increase in people withdrawing money for Tihar and Chhath.&nbsp; The recent increase in remittance inflow has seen a positive effect on bank deposits. Remittances worth Rs 136 billion were received by mid-November.&nbsp;This is the highest amount ever received in a single month.&nbsp;Similarly, it is mentioned in the report of NRB that the service income from tourists also increased.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As the banks have more liquidity, the short-term interest rates including interbank transactions and treasury bills have also fallen to a low point.&nbsp;NRB informed that the average interbank interest rate remained at 2.80 percent on November 10.&nbsp;</span></span></span></p>

<p><br />
<br />
&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '19536',
			'article_category_id' => '1',
			'title' => 'One-third Members of Upper House Retiring on March 4, 2024',
			'sub_title' => '',
			'summary' => 'November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The National Assembly has 59 members and the six-year terms of one-third of them is expiring on March 4. They belong to the group of members whose terms were determined through a draw for the first time after the formation of the National Assembly in 2074 BS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also called the Elders&#39; House, the National Assembly plays an important role in enriching the bills and legislations, holding discussions and giving feedbacks, suggestions and advices on the decisions of the House of Representatives, the Lower House of parliament. The National Assembly which is alleged of becoming only the shadow of the Lower House has, however, sometimes sent messages to the HoR calling for review on some important bills.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Those members whose terms will expire on coming March 4 include Anita Devkota, Jitendra Narayan Dev, Prakash Pantha and Ramesh Jung Rayamajhi of the Nepali Congress, Indu Kadariya, Deepa Gurung, Dil Kumari Rawal, Kumar Dasaundi, Narapati Luwar, Bhairab Sundar Shrestha and Ram Chandra Rai of the CPN (UML) and Bina Pokharel, Mahesh Kumar Mahara and Hariram Chaudhary of the CPN (Maoist Centre), Pramila Kumari of the Janata Samajbadi Party (JSP), Nanda Chapain and Singa Bahadur Bishwakarma of the CPN (Unified Socialist), Dr Khim Lal Devkota (Independent) and Dr Bimala Paudyal who was nominated by the president will also have their terms expire on the same date.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among them, Dasaundi and Dr Devkota had been elected through the by-elections held on February 8, 2023 for the remaining terms after the resignation of Ram Bahadur Thapa and Khimlal Bhattarai.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The terms of all the National Assembly members, whose tenures were determined for two, four and six years through lottery system for the first time after the formation of the Assembly in 2074 BS, will expire on March 4, 2024. Among them, eight belong to the CPN (UML), four to Nepali Congress, three to Maoist Centre, two to Unified Socialist and one to JSP while one each is an independent and nominated National Assembly member. -- RSS</span></span></span></p>
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	(int) 10 => array(
		'Article' => array(
			'id' => '19535',
			'article_category_id' => '1',
			'title' => 'PM Consults with Stakeholders to Revive Economy   ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country's current economic situation.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country&#39;s current economic situation.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM consulted with the stakeholders and experts to fix the country&#39;s economy as the economic activities have not progressed despite several attempts made by the government.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM had also discussed with the officials of different ministries, National Planning Commission, Nepal Rastra Bank and others earlier on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During Tuesday&rsquo;s discussions, the PM said that the government wished to collect recommendations from different sides as the country&#39;s economy is under pressure although it is gradually improving.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Some indicators of the economy are positive but it is not free from pressure. Further consultations are required to resolve the problems seen at present,&quot; PM Dahal added.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Chandra Prasad Dhakal said that the demand side has shrunk and the business community has witnessed insurmountable distress. He shared that the private sector was facing more hardships as the government turned a deaf ear to their problems.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, the private sector raised the issues such as deficit in government accounts, increment of budget on the heading of fiscal management but decline in capital expenditure, inflation remaining over seven percent in last 20 months, operation of cement and trouble in the operation of small and medium entrepreneurs.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The private sector has stressed the need for the state to increase capital expenditure and enable investment-friendly environment.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among the recommendations furnished by the private sector include evaluating Nepal&#39;s sovereign rating, increasing electricity supply, bringing into operation unused airports with priority on tourism sector and expediting road connectivity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI drew the government&#39;s attention to the compulsion of Nepali students to get education in the bordering towns of India due to the halt in the establishment of new nursing colleges. The umbrella body of the private sector also drew attention to flight of foreign capital.&nbsp;&nbsp;&nbsp; &nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI put forth a proposal for the formation of a high-level mechanism headed by the prime minister to address the problems. Prime Minister Dahal said the process to this effect has already started. He further said he was aspiring to receive inputs and deliberations as to how such mechanism will work in resolving existing economic problems. -- RSS&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '19534',
			'article_category_id' => '1',
			'title' => 'VPN Use may Cause Theft of Sensitive Data: Nepal Police  ',
			'sub_title' => '',
			'summary' => 'November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The police cautioned the people about not using illegal and unsafe VPN and DNS platforms as it may result in the theft and loss of their secret and sensitive data.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It may be noted that the Nepal government on November 13 had decided to completely ban the operations of social-networking site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The cyber security bureau of Nepal Police warned that incidents of cybercrime are increasing of late. -- RSS&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '19533',
			'article_category_id' => '1',
			'title' => 'PM Dahal to lead Nepal’s Agenda at COP 28 for Climate Action ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Addressing the national conference on climate change on Tuesday, PM Dahal warned that there could be a rise in the cases of climate change-induced disasters, food security and scarcity of potable water.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The national conference was organized to form a common viewpoint on the position paper to be prepared by Nepal and presented in the upcoming global climate change conference.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The conference was organized by the Ministry of Forests and Environment.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">A team led by PM Dahal is leaving for the United Arab Emirates (UAE) to participate in the 28th Conference of the Parties (COP-28) to the United Nations Framework Convention on Climate Change (UNFCCC) scheduled to run from November 30&nbsp; to December 12 in Dubai, UAE.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">During the COP28, Nepal will eloquently lobby the rich and developed countries of the world to fulfill their commitments to limit the increase in global temperature, pledged PM Dahal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;Nepal would also put forth the country&rsquo;s claim on climate action as well as speedy and full implementation of the agreement to provide the climate financing as grant for climate adaptation and resilience,&quot; he assured.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that Nepal is highly vulnerable to climate change impacts, PM Dahal said, &quot;We are facing multifaceted challenges induced by changing climate. The time table, nature and quantity of monsoon rain are massively changing, the temperature of the atmosphere is rising and natural disasters are increasing among others.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Head of the Government further shed light on the climate change related challenges faced by Nepal saying, &quot;The glaciers are melting and exploding, landslides and dry droughts are increasing in hill areas and incidents of floods are rampant in the Terai region. Due to global warming, two-thirds of the glaciers of the mountains in our region are melting.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Scientists, in a study Hindu Kush Himalaya Assessment, have warned that two-third of Himalayan glaciers, the world&#39;s Third Pole, could melt by 2100 if global emissions are not reduced or controlled timely.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal stated that impoverished families, small time farmers, marginalized ethnic communities, women, children, elderly people and physically-challenged ones were most vulnerable to the impacts of climate change.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He further asserted that climate change had massively impacted thematic areas such as agriculture, hydro resources and tourism as well as food security, health, water supply, means of livelihood and security sectors that contribute to the national economy.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to him, due to the decline in the socio-economic sector, increasing health and food security problems, there was a likelihood of an increase in the climate crisis and risks in future.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal, in its capacity as a state party to the UNFCCC, is participating in the dialogue process of the states parties.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said that dialogue is continuously taking place with the international community on challenges of climate change and opportunities via various forums, stating that COP-28 is approaching as both a challenge and an important opportunity to make this dialogue more richer and result-oriented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said the National Climate Change Policy 2076, the Environment Conservation Act 2076 and Regulations 2077, the National Framework on Local Adaptation Plan of Action 2076, the Climate Resilience Plan and Budget Formulation Directive 2077 and the Climate Change Related Gender and Social Inclusion Strategy and Action Plan 2077/2078 have been formulated and implemented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The National Adaptation Plan 2021-2050 and the Nationally Determined Contribution in line with the Paris Agreement will make us further stronger. The leadership of the federal, provincial and local levels and the support and collaboration of development partners and stakeholder agencies are needed for implementing the national policy, plans and programmes on climate change adaptation and mitigation that we have prepared to fight the climate change effects and impact,&quot; he asserted.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The PM also called on the national and international organizations to focus their cooperation towards the programmes contained in the National Adaptation Plan and the Nationally Determined Contribution Implementation Plan that have been prepared by including our needs and priorities.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He mentioned that Nepal drew the attention of the world community through the 78th UNGA held this year to provide climate financing as climate justice to Nepal and the LDCs.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Likewise, PM Dahal said that in his upcoming address at COP28, he plans to address significant issues such as climate finance, adaptation, transfer of mountaineering technology and capacity building, loss and damage, and climate empowerment. These issues, crucial to Nepal&#39;s sustainable development and environmental preservation, deserve attention and action on the global stage.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The recent visit of UN Secretary General Antonio Guterres to the Khumbu region serves as a poignant reminder of the urgent need to address climate change issues faced by Nepal. Guterres&#39;s inspection of the impacts of climate change and interactions with local communities contribute significantly to globalizing the problems faced by this region. It amplifies Nepal&#39;s call for recognition and support in the international community&#39;s efforts to combat climate change,&quot; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Prime Minister Dahal also reflected on his address at the 76th United Nations General Assembly in New York, where he highlighted the profound impacts of climate change in Nepal. This reiteration underscores the government&#39;s dedication to addressing climate-related challenges and implementing initiatives for the development of tourism infrastructure in vulnerable regions such as Khumbu.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a need for changing the structural system to incorporate the financial grants provided for the promotion of adaptability, upliftment and loss and damage concept in the government budgetary system in line with the national interests of Nepal, but not in the interests of superpower nations and donors,&quot; said the PM. Such grants Nepal receives as climate justice have not been mobilized in the national interests as they have directly gone to the hands of social organizations, and individuals, which they spend as per their own interests, being excluded from the government&#39;s regulatory system, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Initiatives would be taken in receiving such grants directly to the state fund by stopping the practice of distributing and spending them randomly, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stressing the need for drawing the global attention to identify and address problems of Himalayan nations, the PM clarified that Nepal would strategically raise the problems faced by the Himalayan nations, and take the leadership to make a strategy for cooperation.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Maintaining that Nepal needs USD 21 billion for the implementation of adaptation priorities by 2030, he emphasized the need for Nepal to lay the claim in a factual manner for the country&#39;s easy access to the established adaptation fund.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Least developed countries like Nepal should strongly advocate to simplify the application process for their access to the green climate fund and other funds, remove capacity barriers and improve direct access to the climate fund, said the PM.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a challenge to bring in benefits from the international climate finance mechanism. On the other hand, there is a need to focus on investing in concrete programmes and activities while effectively mobilizing climate finance within the country and reaching out to the affected areas and communities.&quot; -- RSS</span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19532',
			'article_category_id' => '1',
			'title' => 'SC Seeks Written Response from Government on TikTok Ban   ',
			'sub_title' => '',
			'summary' => 'November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Following a preliminary hearing on a writ petitions filed against the government&rsquo;s decision, the apex court on Tuesday issued a show cause order against the government, seeking a written reply within the next ten days. &nbsp;RSS added that a single bench of SC Justice Binod Sharma issued the show cause order.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The apex court has asked the defendant to submit a written response by December 1, and appear for a hearing on December 5, Supreme Court joint-Spokesperson Govinda Ghimire told RSS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 10 lawyers, including senior advocate Dinesh Tripathi, had filed separate writ petitions challenging the government&#39;s decision in the Supreme Court.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government decided to ban Tiktok on November 13 citing that it has disturbed social harmony. The move has been widely criticized from all quarters with the general public likening it to an attempt to curtail freedom of expression as guaranteed by the constitution.&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Many people have been using this platform to expand their business, which has been hit hard by the decision to ban TikTok. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">There have been calls to regulate TikTok rather than imposing a blanket ban.</span></span></span></p>
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			'id' => '19531',
			'article_category_id' => '1',
			'title' => 'Government Initiatives to Facilitate Loan Repayment and Boost Economy',
			'sub_title' => '',
			'summary' => 'In a bid to improve the nation's economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 22: In a bid to improve the nation&#39;s economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A key decision has been made to streamline the repayment of loans for businesspersons facing challenges in meeting interest payments promptly. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Simultaneously, a thorough examination of bank interest rates is set to take place. Prime Minister Pushpa Kamal Dahal &#39;Prachanda&#39; started discussions that culminated in the establishment of a specialized mechanism dedicated to overseeing financial cooperatives. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, a cooperatives fund is slated to be instituted, aimed at safeguarding the savings of depositors.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Office of the Prime Minister and the Council of Ministers disclosed that recommendations from a commission tasked with tax system reform will guide efforts to enhance the revenue structure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government has committed to prioritizing major infrastructure projects, including the Budhigandaki Hydropower Project, Nijgadh International Airport, Karnali-Chisapani, Upper Arun, and three cricket stadiums. Outstanding payments owed to contractors involved in these projects will be expedited.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following today&#39;s discussions, Prime Minister Pushpa Kamal Dahal instructed ministers and secretaries to earnestly focus on increasing capital expenditure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Moreover, a high-level commission dedicated to government reform and the promotion of good governance will be established. The Industry and Commerce Promotion Dialogue Council, chaired by the Prime Minister, will facilitate regular dialogues between the government and the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Addressing concerns about loan repayment, Finance Minister Dr. Prakasharan Mahat emphasized that it would be inaccurate to assert that loans will not be repaid.&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He clarified that measures, facilitated through the Nepal Rastra Bank, will be explored to ease the loan repayment process. (RSS)</span></span></p>

<p>&nbsp;</p>
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			'title' => 'NCC Urges Govt to Operate GBIA at Full Capacity',
			'sub_title' => '',
			'summary' => 'November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the &#39;Sixth Lumbini Regional Festival&#39; which started in Bhairahawa on Wednesday, Malla said that the private sector&rsquo;s investment worth billions of rupees was at risk because the airport could not operate at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Malla said that along with the operation of the airport, Lumbini, the birthplace of Gautama Buddha, should also be made a center of attraction for international tourists. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The private sector invested millions of rupees with the hope that commercial activities will increase after the operation of the airport. But that has not happened and the investment is at risk. The government needs to pay attention to this aspect,&rdquo; said Malla.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a different context, NCC President Malla said that Bhairahawa SEZ should be put into operation through public private partnership. He stressed on the need to control illegal trade, which is taking place unabated due to the advantage of the open border with India. </span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 1 => array(
		'Article' => array(
			'id' => '19545',
			'article_category_id' => '1',
			'title' => 'Cimex Inc. Pvt. Ltd. Supports Quake-hit People',
			'sub_title' => '',
			'summary' => 'Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The company has initiated an earthquake relief fund, encouraging customer participation. For every BYD Dolphin booked, a pledge of Rs. 10,000, and for every BYD ATTO 3 booked, Rs. 20,000 will be contributed to the relief fund until the 23rd of Mangshir. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In appreciation of customers&#39; contributions to the relief fund, Cimex Inc. will feature their names on the company&#39;s social media platforms and in daily newspapers. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In addition to the customer-driven initiative, Cimex Inc. has already made a substantial donation of Rs 11,00,000 to aid earthquake victims in the Sani Bheri Rural Municipality in Jajarkot. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The chairman of Cimex Inc., Mr. Anil Shrestha, personally handed over this donation to help the earthquake victims in Jajarkot and Rukum West.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;</span></span></p>
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			'article_date' => '2023-11-23 13:54:20',
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			'id' => '19544',
			'article_category_id' => '1',
			'title' => 'Capital Gains Tax from Securities Trading Declined by Rs 135 Million during Festive Season',
			'sub_title' => '',
			'summary' => 'November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs 135 million.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">135</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> million.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a one-month period from mid-October to mid-November, the government earned more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">8</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax. This amount is less by Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">13</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">24</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 compared to a month ago.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Suresh Neupane, information officer of CDSC, more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">95</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">79</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax were collected in mid-September to mid-October.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Neupane says that because there were fewer business days in the review month compared to a month ago, the capital gains tax earned by the government declined. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the government collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">4</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">0,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 from short-term investors and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">69</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">18</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 000 from long-term investors in the individual category during the review month.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that the government had collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">15</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">76</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 00,000 from short-term investors and more than </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">19</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000 from long-term investors in the previous month from mid-September to mid-October. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The government collects tax by dividing the investors who deal in the secondary market of securities into two categories in case of individuals investors. Those who hold shares for more than one year are considered as long-term investors and those who hold shares for less than one year are considered as short-term investors. The government charges </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7.5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax from short-term investors and </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent from long-term investors. Institutional investors have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax. If the investor earns profit from securities trading, there is a provision to pay capital gains tax based on the weighted average cost.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Due to the public holidays in mid-October to mid-November due to the festivals of Dashain and Tihar, there were only </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">days of trading in the stock market. According to Nepal Stock Exchange Limited, the operator of the secondary market of securities, </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">30</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">98</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">82</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">749 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">units of shares worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">73</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000</span></span> <span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">were bought and sold in these </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">trading days. While the share market opened at </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">864.62 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points in mid-October, it fell to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">852 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points on the last trading day inmid-November.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '19543',
			'article_category_id' => '1',
			'title' => 'Experts Warn of Impact of Excessive Use of Antibiotics on Public Health',
			'sub_title' => '',
			'summary' => 'November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at a programme organized in Janakpur by Madhesh Public Health Laboratory on the occasion of the &#39;World Antibiotic Resistance Awareness Campaign&#39;, experts advised the general public to use only the medicines prescribed by doctors.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of Provincial Public Health Laboratory Dr Shravan Kumar Mishra said that more than ten million people die every year due to biological resistance. He said that the misuse of antibiotics should be strictly stopped. Dr Mishra said taking antibiotics easily from drug stores and using them without doctors&rsquo; prescription can cause long-term effects on human health and even death.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that antibiotics are also for domesticated animals, which ultimately reach humans when they consume meat.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dr Mishra said that this type of action should be discouraged as long-term diseases are invited by the use of antibiotics in both human health and livestock. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of the Health Branch under the Ministry of Health and Population Dr Rajeev Kumar Jha said that the main challenge of human life is the easy availability of antibiotics in drug stores. He said that if the use of antibiotics is reduced from now on, big problems for human health can be avoided in the coming days.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 4 => array(
		'Article' => array(
			'id' => '19542',
			'article_category_id' => '1',
			'title' => 'IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours',
			'sub_title' => '',
			'summary' => 'November 23: The Inland Revenue Department has honored 16 outstanding taxpayers.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The Inland Revenue Department has honored </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">16</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> outstanding taxpayers.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Surya Nepal, which has been among the best taxpayers every year, has been honored as the company that pays the most taxes and files taxes on time this year. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, Nepal Telecom Company Limited (Nepal Telecom) has been honoured for paying the highest income tax. Dabur Nepal Pvt Ltd was recognized for its contribution towards highest exports while Asian Paints was honoured as the highest taxpayer among the industries.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the banking sector, Global IME Bank was honoured as the highest taxpayer, while ALAIC Nepal was recognized as the highest&nbsp; taxpayer among insurance companies.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, Chhimek Laghubitta Bittiya Sansthan was the highest taxpayer among microfinance&nbsp; institutions. OBC Feed and Feeds Pvt Ltd bagged the honours towards agricultural firms. On the education front, the Nobel Teaching Hospital was recognized as the highest taxayer.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Manakamana Cable Car was adjudged the highest taxpayer in the tourism sector. Likewise, Bhatbhateni Super Market was honoured as the highest taxpayer in the commodity trading section, Nepal Stock Exchange Limited (NEPSE) for middle level taxpayers, Bhotekoshi Energy Company in the energy sector, IME Remittance for remittances. The&nbsp; IRD honoured Vijay Kumar Shah as the highest taxpayer under the personal income tax segment.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 5 => array(
		'Article' => array(
			'id' => '19541',
			'article_category_id' => '1',
			'title' => 'Traffic Police urges KTM Valley Denizens to Use Vehicles only for Essential Purpose Today   ',
			'sub_title' => '',
			'summary' => 'November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Kathmandu Valley Traffic Police office made this call citing possibility of obstruction in vehicular movement due to the rallies announced by different groups at various places of the Valley on Thursday, November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Traffic Police has also requested the public to enquire about the situation of road by making a call at 100 or 103 or listening to Traffic FM 95.5 Megahertz before going out with vehicles. The Traffic Police has asked all those driving in the valley on Thursday for their cooperation as they may be asked to changes their route from any places for the safety of drivers and passengers. -- RSS</span></span></span></p>
',
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			'created' => '2023-11-23',
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			'description' => '',
			'sortorder' => '19269',
			'image' => '20231123111149_20230726060105_Kathmandu-City-Of-Ruins.jpg',
			'article_date' => '2023-11-23 11:11:06',
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		'Article' => array(
			'id' => '19540',
			'article_category_id' => '1',
			'title' => 'Earthquake Jolts Kathmandu Valley   ',
			'sub_title' => '',
			'summary' => 'November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.The epicenter of the quake was located at&nbsp;Chitlang, Makawanpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the National Earthquake Monitoring and Research Centre, the earthquake measuring 4.5 in the Richter scale took place at 1.19 am on November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Senior seismologist Dr Lokbijay Adhikari informed that the quake occurred in Chitlang located in the border of Kathmandu, Makawanpur and Dhading districts.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to this, a 4.5-magnitude tremor was recorded with its epicenter at Dhamena of Bajhang on November 20. -- RSS&nbsp; </span></span></span></p>
',
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			'created' => '2023-11-23',
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			'description' => '',
			'sortorder' => '19268',
			'image' => '20231123105521_earth.jpg',
			'article_date' => '2023-11-23 10:53:34',
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	(int) 7 => array(
		'Article' => array(
			'id' => '19539',
			'article_category_id' => '1',
			'title' => 'Bharatpur Metropolis to Launch ‘Visit Bharatpur 2024’',
			'sub_title' => '',
			'summary' => 'Bharatpur Metropolitan City is gearing up for the 'Visit Bharatpur 2024' campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Bharatpur Metropolitan City is gearing up for the &#39;Visit Bharatpur 2024&#39; campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Deputy Mayor Chitra Sen Adhikari revealed that the campaign is designed to designate 2024 as the official &#39;Visit Bharatpur Year.&#39;&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Noteworthy is the fact that Bharatpur Metropolitan City is the first local government to initiate a &#39;Visit Year&#39; campaign, emphasizing its significance not just for the city but for the entire nation.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of State for Culture, Tourism, and Civil Aviation, Sushila Sripali Thakuri, commended the historic efforts of Bharatpur Metropolitan City in promoting tourism by recognizing the region&#39;s natural beauty.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;She highlighted the ministry&#39;s commitment to overcoming legal obstacles hindering the protection and promotion of the tourism sector through comprehensive reviews.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dhananjay Regmi, Chief Executive Officer of the Tourism Board, emphasized the timeliness of launching the &#39;Visit Bharatpur 2024&#39; campaign, praising Bharatpur Metropolitan City&#39;s dedication to its success. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Metropolis has declared 2024 as the &#39;Visit Bharatpur&#39; year, encompassing a range of events and activities to boost tourism. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These include an international safari mart, investment summit, heritage marathon, government and stakeholder meetings, jungle festival, youth and women conferences, literary programs, national and international seminars, sports competitions, exhibitions, and food festivals. (RSS)</span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '19537',
			'article_category_id' => '1',
			'title' => 'Credit Flow of Banks Reaches Rs 32 Billion in One-Month Period from mid-October to mid-November',
			'sub_title' => '',
			'summary' => 'November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Banks&rsquo; lending has increased due to the increase in domestic economic activities amid festivals like Dashain, Tihar, and Chhath.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the latest data published by Nepal Rastra Bank, the banks disbursed a total credit of Rs 32 billion between mid-October to mid-November. As of mid-October, the total loans of banks stood at Rs 495.2 billion rupees, which increased to Rs 498.4 billion on November 10.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In the current fiscal year (FY) alone, the credit flow of banks increased by Rs 106 billion.&nbsp;During this period, deposits increased by Rs 157 billion.&nbsp;Along with the increase in deposits, banks reduced interest rates and emphasized on lending.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As banks have more investable funds (liquidity), they are reducing interest rates on deposits and loans.&nbsp;On November 10, the average credit-deposit ratio (CD ratio) of banks was 81.35 percent.&nbsp;There is a provision that banks can grant loans by maintaining a CD ratio of up to 90 percent.&nbsp;According to this provision, they still have the ability to provide additional loans of Rs 493 billion.&nbsp;Likewise, the money withdrawn from the banks during Dashain, Tihar and other festivals have returned to the banking system.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">NRB said that after Dashain holidays, deposits in banks and financial institutions increased by Rs 48 billion.&nbsp;According to NRB, the total deposits of banks and financial institutions reached Rs 591.6 billion as of November 10.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">By mid-October, the total deposits in the financial system stood at Rs 5915 billion.&nbsp;During Dashain, when deposits were withdrawn from banks, the deposits decreased to Rs 5868 billion on October 26.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">After the Dashain holidays, deposits in the banking system started to increase continuously. NRB&rsquo;s Executive Director Gunakar Bhatta informed that Rs 76 billion rupees flowed from the banking system to the market during Dashain, and the amount has returned to the system.&nbsp;However, bank deposits have decreased due to the increase in people withdrawing money for Tihar and Chhath.&nbsp; The recent increase in remittance inflow has seen a positive effect on bank deposits. Remittances worth Rs 136 billion were received by mid-November.&nbsp;This is the highest amount ever received in a single month.&nbsp;Similarly, it is mentioned in the report of NRB that the service income from tourists also increased.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As the banks have more liquidity, the short-term interest rates including interbank transactions and treasury bills have also fallen to a low point.&nbsp;NRB informed that the average interbank interest rate remained at 2.80 percent on November 10.&nbsp;</span></span></span></p>

<p><br />
<br />
&nbsp;</p>

<p>&nbsp;</p>
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	(int) 9 => array(
		'Article' => array(
			'id' => '19536',
			'article_category_id' => '1',
			'title' => 'One-third Members of Upper House Retiring on March 4, 2024',
			'sub_title' => '',
			'summary' => 'November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The National Assembly has 59 members and the six-year terms of one-third of them is expiring on March 4. They belong to the group of members whose terms were determined through a draw for the first time after the formation of the National Assembly in 2074 BS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also called the Elders&#39; House, the National Assembly plays an important role in enriching the bills and legislations, holding discussions and giving feedbacks, suggestions and advices on the decisions of the House of Representatives, the Lower House of parliament. The National Assembly which is alleged of becoming only the shadow of the Lower House has, however, sometimes sent messages to the HoR calling for review on some important bills.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Those members whose terms will expire on coming March 4 include Anita Devkota, Jitendra Narayan Dev, Prakash Pantha and Ramesh Jung Rayamajhi of the Nepali Congress, Indu Kadariya, Deepa Gurung, Dil Kumari Rawal, Kumar Dasaundi, Narapati Luwar, Bhairab Sundar Shrestha and Ram Chandra Rai of the CPN (UML) and Bina Pokharel, Mahesh Kumar Mahara and Hariram Chaudhary of the CPN (Maoist Centre), Pramila Kumari of the Janata Samajbadi Party (JSP), Nanda Chapain and Singa Bahadur Bishwakarma of the CPN (Unified Socialist), Dr Khim Lal Devkota (Independent) and Dr Bimala Paudyal who was nominated by the president will also have their terms expire on the same date.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among them, Dasaundi and Dr Devkota had been elected through the by-elections held on February 8, 2023 for the remaining terms after the resignation of Ram Bahadur Thapa and Khimlal Bhattarai.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The terms of all the National Assembly members, whose tenures were determined for two, four and six years through lottery system for the first time after the formation of the Assembly in 2074 BS, will expire on March 4, 2024. Among them, eight belong to the CPN (UML), four to Nepali Congress, three to Maoist Centre, two to Unified Socialist and one to JSP while one each is an independent and nominated National Assembly member. -- RSS</span></span></span></p>
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			'sortorder' => '19264',
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	(int) 10 => array(
		'Article' => array(
			'id' => '19535',
			'article_category_id' => '1',
			'title' => 'PM Consults with Stakeholders to Revive Economy   ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country's current economic situation.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country&#39;s current economic situation.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM consulted with the stakeholders and experts to fix the country&#39;s economy as the economic activities have not progressed despite several attempts made by the government.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM had also discussed with the officials of different ministries, National Planning Commission, Nepal Rastra Bank and others earlier on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During Tuesday&rsquo;s discussions, the PM said that the government wished to collect recommendations from different sides as the country&#39;s economy is under pressure although it is gradually improving.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Some indicators of the economy are positive but it is not free from pressure. Further consultations are required to resolve the problems seen at present,&quot; PM Dahal added.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Chandra Prasad Dhakal said that the demand side has shrunk and the business community has witnessed insurmountable distress. He shared that the private sector was facing more hardships as the government turned a deaf ear to their problems.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, the private sector raised the issues such as deficit in government accounts, increment of budget on the heading of fiscal management but decline in capital expenditure, inflation remaining over seven percent in last 20 months, operation of cement and trouble in the operation of small and medium entrepreneurs.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The private sector has stressed the need for the state to increase capital expenditure and enable investment-friendly environment.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among the recommendations furnished by the private sector include evaluating Nepal&#39;s sovereign rating, increasing electricity supply, bringing into operation unused airports with priority on tourism sector and expediting road connectivity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI drew the government&#39;s attention to the compulsion of Nepali students to get education in the bordering towns of India due to the halt in the establishment of new nursing colleges. The umbrella body of the private sector also drew attention to flight of foreign capital.&nbsp;&nbsp;&nbsp; &nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI put forth a proposal for the formation of a high-level mechanism headed by the prime minister to address the problems. Prime Minister Dahal said the process to this effect has already started. He further said he was aspiring to receive inputs and deliberations as to how such mechanism will work in resolving existing economic problems. -- RSS&nbsp; </span></span></span></p>
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			'sortorder' => '19263',
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	(int) 11 => array(
		'Article' => array(
			'id' => '19534',
			'article_category_id' => '1',
			'title' => 'VPN Use may Cause Theft of Sensitive Data: Nepal Police  ',
			'sub_title' => '',
			'summary' => 'November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The police cautioned the people about not using illegal and unsafe VPN and DNS platforms as it may result in the theft and loss of their secret and sensitive data.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It may be noted that the Nepal government on November 13 had decided to completely ban the operations of social-networking site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The cyber security bureau of Nepal Police warned that incidents of cybercrime are increasing of late. -- RSS&nbsp; </span></span></span></p>
',
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			'created' => '2023-11-22',
			'modified' => '2023-11-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '19262',
			'image' => '20231122120533_blank.jpg',
			'article_date' => '2023-11-22 12:04:50',
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	(int) 12 => array(
		'Article' => array(
			'id' => '19533',
			'article_category_id' => '1',
			'title' => 'PM Dahal to lead Nepal’s Agenda at COP 28 for Climate Action ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Addressing the national conference on climate change on Tuesday, PM Dahal warned that there could be a rise in the cases of climate change-induced disasters, food security and scarcity of potable water.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The national conference was organized to form a common viewpoint on the position paper to be prepared by Nepal and presented in the upcoming global climate change conference.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The conference was organized by the Ministry of Forests and Environment.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">A team led by PM Dahal is leaving for the United Arab Emirates (UAE) to participate in the 28th Conference of the Parties (COP-28) to the United Nations Framework Convention on Climate Change (UNFCCC) scheduled to run from November 30&nbsp; to December 12 in Dubai, UAE.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">During the COP28, Nepal will eloquently lobby the rich and developed countries of the world to fulfill their commitments to limit the increase in global temperature, pledged PM Dahal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;Nepal would also put forth the country&rsquo;s claim on climate action as well as speedy and full implementation of the agreement to provide the climate financing as grant for climate adaptation and resilience,&quot; he assured.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that Nepal is highly vulnerable to climate change impacts, PM Dahal said, &quot;We are facing multifaceted challenges induced by changing climate. The time table, nature and quantity of monsoon rain are massively changing, the temperature of the atmosphere is rising and natural disasters are increasing among others.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Head of the Government further shed light on the climate change related challenges faced by Nepal saying, &quot;The glaciers are melting and exploding, landslides and dry droughts are increasing in hill areas and incidents of floods are rampant in the Terai region. Due to global warming, two-thirds of the glaciers of the mountains in our region are melting.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Scientists, in a study Hindu Kush Himalaya Assessment, have warned that two-third of Himalayan glaciers, the world&#39;s Third Pole, could melt by 2100 if global emissions are not reduced or controlled timely.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal stated that impoverished families, small time farmers, marginalized ethnic communities, women, children, elderly people and physically-challenged ones were most vulnerable to the impacts of climate change.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He further asserted that climate change had massively impacted thematic areas such as agriculture, hydro resources and tourism as well as food security, health, water supply, means of livelihood and security sectors that contribute to the national economy.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to him, due to the decline in the socio-economic sector, increasing health and food security problems, there was a likelihood of an increase in the climate crisis and risks in future.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal, in its capacity as a state party to the UNFCCC, is participating in the dialogue process of the states parties.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said that dialogue is continuously taking place with the international community on challenges of climate change and opportunities via various forums, stating that COP-28 is approaching as both a challenge and an important opportunity to make this dialogue more richer and result-oriented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said the National Climate Change Policy 2076, the Environment Conservation Act 2076 and Regulations 2077, the National Framework on Local Adaptation Plan of Action 2076, the Climate Resilience Plan and Budget Formulation Directive 2077 and the Climate Change Related Gender and Social Inclusion Strategy and Action Plan 2077/2078 have been formulated and implemented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The National Adaptation Plan 2021-2050 and the Nationally Determined Contribution in line with the Paris Agreement will make us further stronger. The leadership of the federal, provincial and local levels and the support and collaboration of development partners and stakeholder agencies are needed for implementing the national policy, plans and programmes on climate change adaptation and mitigation that we have prepared to fight the climate change effects and impact,&quot; he asserted.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The PM also called on the national and international organizations to focus their cooperation towards the programmes contained in the National Adaptation Plan and the Nationally Determined Contribution Implementation Plan that have been prepared by including our needs and priorities.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He mentioned that Nepal drew the attention of the world community through the 78th UNGA held this year to provide climate financing as climate justice to Nepal and the LDCs.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Likewise, PM Dahal said that in his upcoming address at COP28, he plans to address significant issues such as climate finance, adaptation, transfer of mountaineering technology and capacity building, loss and damage, and climate empowerment. These issues, crucial to Nepal&#39;s sustainable development and environmental preservation, deserve attention and action on the global stage.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The recent visit of UN Secretary General Antonio Guterres to the Khumbu region serves as a poignant reminder of the urgent need to address climate change issues faced by Nepal. Guterres&#39;s inspection of the impacts of climate change and interactions with local communities contribute significantly to globalizing the problems faced by this region. It amplifies Nepal&#39;s call for recognition and support in the international community&#39;s efforts to combat climate change,&quot; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Prime Minister Dahal also reflected on his address at the 76th United Nations General Assembly in New York, where he highlighted the profound impacts of climate change in Nepal. This reiteration underscores the government&#39;s dedication to addressing climate-related challenges and implementing initiatives for the development of tourism infrastructure in vulnerable regions such as Khumbu.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a need for changing the structural system to incorporate the financial grants provided for the promotion of adaptability, upliftment and loss and damage concept in the government budgetary system in line with the national interests of Nepal, but not in the interests of superpower nations and donors,&quot; said the PM. Such grants Nepal receives as climate justice have not been mobilized in the national interests as they have directly gone to the hands of social organizations, and individuals, which they spend as per their own interests, being excluded from the government&#39;s regulatory system, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Initiatives would be taken in receiving such grants directly to the state fund by stopping the practice of distributing and spending them randomly, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stressing the need for drawing the global attention to identify and address problems of Himalayan nations, the PM clarified that Nepal would strategically raise the problems faced by the Himalayan nations, and take the leadership to make a strategy for cooperation.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Maintaining that Nepal needs USD 21 billion for the implementation of adaptation priorities by 2030, he emphasized the need for Nepal to lay the claim in a factual manner for the country&#39;s easy access to the established adaptation fund.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Least developed countries like Nepal should strongly advocate to simplify the application process for their access to the green climate fund and other funds, remove capacity barriers and improve direct access to the climate fund, said the PM.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a challenge to bring in benefits from the international climate finance mechanism. On the other hand, there is a need to focus on investing in concrete programmes and activities while effectively mobilizing climate finance within the country and reaching out to the affected areas and communities.&quot; -- RSS</span></span></p>

<p>&nbsp;</p>
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			'id' => '19532',
			'article_category_id' => '1',
			'title' => 'SC Seeks Written Response from Government on TikTok Ban   ',
			'sub_title' => '',
			'summary' => 'November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Following a preliminary hearing on a writ petitions filed against the government&rsquo;s decision, the apex court on Tuesday issued a show cause order against the government, seeking a written reply within the next ten days. &nbsp;RSS added that a single bench of SC Justice Binod Sharma issued the show cause order.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The apex court has asked the defendant to submit a written response by December 1, and appear for a hearing on December 5, Supreme Court joint-Spokesperson Govinda Ghimire told RSS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 10 lawyers, including senior advocate Dinesh Tripathi, had filed separate writ petitions challenging the government&#39;s decision in the Supreme Court.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government decided to ban Tiktok on November 13 citing that it has disturbed social harmony. The move has been widely criticized from all quarters with the general public likening it to an attempt to curtail freedom of expression as guaranteed by the constitution.&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Many people have been using this platform to expand their business, which has been hit hard by the decision to ban TikTok. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">There have been calls to regulate TikTok rather than imposing a blanket ban.</span></span></span></p>
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		'Article' => array(
			'id' => '19531',
			'article_category_id' => '1',
			'title' => 'Government Initiatives to Facilitate Loan Repayment and Boost Economy',
			'sub_title' => '',
			'summary' => 'In a bid to improve the nation's economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 22: In a bid to improve the nation&#39;s economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A key decision has been made to streamline the repayment of loans for businesspersons facing challenges in meeting interest payments promptly. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Simultaneously, a thorough examination of bank interest rates is set to take place. Prime Minister Pushpa Kamal Dahal &#39;Prachanda&#39; started discussions that culminated in the establishment of a specialized mechanism dedicated to overseeing financial cooperatives. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, a cooperatives fund is slated to be instituted, aimed at safeguarding the savings of depositors.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Office of the Prime Minister and the Council of Ministers disclosed that recommendations from a commission tasked with tax system reform will guide efforts to enhance the revenue structure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government has committed to prioritizing major infrastructure projects, including the Budhigandaki Hydropower Project, Nijgadh International Airport, Karnali-Chisapani, Upper Arun, and three cricket stadiums. Outstanding payments owed to contractors involved in these projects will be expedited.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following today&#39;s discussions, Prime Minister Pushpa Kamal Dahal instructed ministers and secretaries to earnestly focus on increasing capital expenditure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Moreover, a high-level commission dedicated to government reform and the promotion of good governance will be established. The Industry and Commerce Promotion Dialogue Council, chaired by the Prime Minister, will facilitate regular dialogues between the government and the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Addressing concerns about loan repayment, Finance Minister Dr. Prakasharan Mahat emphasized that it would be inaccurate to assert that loans will not be repaid.&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He clarified that measures, facilitated through the Nepal Rastra Bank, will be explored to ease the loan repayment process. (RSS)</span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19546',
			'article_category_id' => '1',
			'title' => 'NCC Urges Govt to Operate GBIA at Full Capacity',
			'sub_title' => '',
			'summary' => 'November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the &#39;Sixth Lumbini Regional Festival&#39; which started in Bhairahawa on Wednesday, Malla said that the private sector&rsquo;s investment worth billions of rupees was at risk because the airport could not operate at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Malla said that along with the operation of the airport, Lumbini, the birthplace of Gautama Buddha, should also be made a center of attraction for international tourists. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The private sector invested millions of rupees with the hope that commercial activities will increase after the operation of the airport. But that has not happened and the investment is at risk. The government needs to pay attention to this aspect,&rdquo; said Malla.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a different context, NCC President Malla said that Bhairahawa SEZ should be put into operation through public private partnership. He stressed on the need to control illegal trade, which is taking place unabated due to the advantage of the open border with India. </span></span></span></span></p>

<p>&nbsp;</p>
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			'sortorder' => '19274',
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		'Article' => array(
			'id' => '19545',
			'article_category_id' => '1',
			'title' => 'Cimex Inc. Pvt. Ltd. Supports Quake-hit People',
			'sub_title' => '',
			'summary' => 'Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The company has initiated an earthquake relief fund, encouraging customer participation. For every BYD Dolphin booked, a pledge of Rs. 10,000, and for every BYD ATTO 3 booked, Rs. 20,000 will be contributed to the relief fund until the 23rd of Mangshir. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In appreciation of customers&#39; contributions to the relief fund, Cimex Inc. will feature their names on the company&#39;s social media platforms and in daily newspapers. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In addition to the customer-driven initiative, Cimex Inc. has already made a substantial donation of Rs 11,00,000 to aid earthquake victims in the Sani Bheri Rural Municipality in Jajarkot. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The chairman of Cimex Inc., Mr. Anil Shrestha, personally handed over this donation to help the earthquake victims in Jajarkot and Rukum West.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;</span></span></p>
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			'title' => 'Capital Gains Tax from Securities Trading Declined by Rs 135 Million during Festive Season',
			'sub_title' => '',
			'summary' => 'November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs 135 million.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">135</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> million.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a one-month period from mid-October to mid-November, the government earned more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">8</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax. This amount is less by Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">13</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">24</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 compared to a month ago.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Suresh Neupane, information officer of CDSC, more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">95</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">79</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax were collected in mid-September to mid-October.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Neupane says that because there were fewer business days in the review month compared to a month ago, the capital gains tax earned by the government declined. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the government collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">4</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">0,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 from short-term investors and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">69</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">18</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 000 from long-term investors in the individual category during the review month.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that the government had collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">15</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">76</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 00,000 from short-term investors and more than </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">19</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000 from long-term investors in the previous month from mid-September to mid-October. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The government collects tax by dividing the investors who deal in the secondary market of securities into two categories in case of individuals investors. Those who hold shares for more than one year are considered as long-term investors and those who hold shares for less than one year are considered as short-term investors. The government charges </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7.5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax from short-term investors and </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent from long-term investors. Institutional investors have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax. If the investor earns profit from securities trading, there is a provision to pay capital gains tax based on the weighted average cost.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Due to the public holidays in mid-October to mid-November due to the festivals of Dashain and Tihar, there were only </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">days of trading in the stock market. According to Nepal Stock Exchange Limited, the operator of the secondary market of securities, </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">30</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">98</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">82</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">749 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">units of shares worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">73</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000</span></span> <span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">were bought and sold in these </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">trading days. While the share market opened at </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">864.62 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points in mid-October, it fell to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">852 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points on the last trading day inmid-November.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19543',
			'article_category_id' => '1',
			'title' => 'Experts Warn of Impact of Excessive Use of Antibiotics on Public Health',
			'sub_title' => '',
			'summary' => 'November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at a programme organized in Janakpur by Madhesh Public Health Laboratory on the occasion of the &#39;World Antibiotic Resistance Awareness Campaign&#39;, experts advised the general public to use only the medicines prescribed by doctors.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of Provincial Public Health Laboratory Dr Shravan Kumar Mishra said that more than ten million people die every year due to biological resistance. He said that the misuse of antibiotics should be strictly stopped. Dr Mishra said taking antibiotics easily from drug stores and using them without doctors&rsquo; prescription can cause long-term effects on human health and even death.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that antibiotics are also for domesticated animals, which ultimately reach humans when they consume meat.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dr Mishra said that this type of action should be discouraged as long-term diseases are invited by the use of antibiotics in both human health and livestock. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of the Health Branch under the Ministry of Health and Population Dr Rajeev Kumar Jha said that the main challenge of human life is the easy availability of antibiotics in drug stores. He said that if the use of antibiotics is reduced from now on, big problems for human health can be avoided in the coming days.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 4 => array(
		'Article' => array(
			'id' => '19542',
			'article_category_id' => '1',
			'title' => 'IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours',
			'sub_title' => '',
			'summary' => 'November 23: The Inland Revenue Department has honored 16 outstanding taxpayers.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The Inland Revenue Department has honored </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">16</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> outstanding taxpayers.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Surya Nepal, which has been among the best taxpayers every year, has been honored as the company that pays the most taxes and files taxes on time this year. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, Nepal Telecom Company Limited (Nepal Telecom) has been honoured for paying the highest income tax. Dabur Nepal Pvt Ltd was recognized for its contribution towards highest exports while Asian Paints was honoured as the highest taxpayer among the industries.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the banking sector, Global IME Bank was honoured as the highest taxpayer, while ALAIC Nepal was recognized as the highest&nbsp; taxpayer among insurance companies.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, Chhimek Laghubitta Bittiya Sansthan was the highest taxpayer among microfinance&nbsp; institutions. OBC Feed and Feeds Pvt Ltd bagged the honours towards agricultural firms. On the education front, the Nobel Teaching Hospital was recognized as the highest taxayer.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Manakamana Cable Car was adjudged the highest taxpayer in the tourism sector. Likewise, Bhatbhateni Super Market was honoured as the highest taxpayer in the commodity trading section, Nepal Stock Exchange Limited (NEPSE) for middle level taxpayers, Bhotekoshi Energy Company in the energy sector, IME Remittance for remittances. The&nbsp; IRD honoured Vijay Kumar Shah as the highest taxpayer under the personal income tax segment.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19541',
			'article_category_id' => '1',
			'title' => 'Traffic Police urges KTM Valley Denizens to Use Vehicles only for Essential Purpose Today   ',
			'sub_title' => '',
			'summary' => 'November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Kathmandu Valley Traffic Police office made this call citing possibility of obstruction in vehicular movement due to the rallies announced by different groups at various places of the Valley on Thursday, November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Traffic Police has also requested the public to enquire about the situation of road by making a call at 100 or 103 or listening to Traffic FM 95.5 Megahertz before going out with vehicles. The Traffic Police has asked all those driving in the valley on Thursday for their cooperation as they may be asked to changes their route from any places for the safety of drivers and passengers. -- RSS</span></span></span></p>
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		'Article' => array(
			'id' => '19540',
			'article_category_id' => '1',
			'title' => 'Earthquake Jolts Kathmandu Valley   ',
			'sub_title' => '',
			'summary' => 'November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.The epicenter of the quake was located at&nbsp;Chitlang, Makawanpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the National Earthquake Monitoring and Research Centre, the earthquake measuring 4.5 in the Richter scale took place at 1.19 am on November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Senior seismologist Dr Lokbijay Adhikari informed that the quake occurred in Chitlang located in the border of Kathmandu, Makawanpur and Dhading districts.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to this, a 4.5-magnitude tremor was recorded with its epicenter at Dhamena of Bajhang on November 20. -- RSS&nbsp; </span></span></span></p>
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			'id' => '19539',
			'article_category_id' => '1',
			'title' => 'Bharatpur Metropolis to Launch ‘Visit Bharatpur 2024’',
			'sub_title' => '',
			'summary' => 'Bharatpur Metropolitan City is gearing up for the 'Visit Bharatpur 2024' campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Bharatpur Metropolitan City is gearing up for the &#39;Visit Bharatpur 2024&#39; campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Deputy Mayor Chitra Sen Adhikari revealed that the campaign is designed to designate 2024 as the official &#39;Visit Bharatpur Year.&#39;&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Noteworthy is the fact that Bharatpur Metropolitan City is the first local government to initiate a &#39;Visit Year&#39; campaign, emphasizing its significance not just for the city but for the entire nation.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of State for Culture, Tourism, and Civil Aviation, Sushila Sripali Thakuri, commended the historic efforts of Bharatpur Metropolitan City in promoting tourism by recognizing the region&#39;s natural beauty.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;She highlighted the ministry&#39;s commitment to overcoming legal obstacles hindering the protection and promotion of the tourism sector through comprehensive reviews.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dhananjay Regmi, Chief Executive Officer of the Tourism Board, emphasized the timeliness of launching the &#39;Visit Bharatpur 2024&#39; campaign, praising Bharatpur Metropolitan City&#39;s dedication to its success. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Metropolis has declared 2024 as the &#39;Visit Bharatpur&#39; year, encompassing a range of events and activities to boost tourism. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These include an international safari mart, investment summit, heritage marathon, government and stakeholder meetings, jungle festival, youth and women conferences, literary programs, national and international seminars, sports competitions, exhibitions, and food festivals. (RSS)</span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '19537',
			'article_category_id' => '1',
			'title' => 'Credit Flow of Banks Reaches Rs 32 Billion in One-Month Period from mid-October to mid-November',
			'sub_title' => '',
			'summary' => 'November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Banks&rsquo; lending has increased due to the increase in domestic economic activities amid festivals like Dashain, Tihar, and Chhath.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the latest data published by Nepal Rastra Bank, the banks disbursed a total credit of Rs 32 billion between mid-October to mid-November. As of mid-October, the total loans of banks stood at Rs 495.2 billion rupees, which increased to Rs 498.4 billion on November 10.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In the current fiscal year (FY) alone, the credit flow of banks increased by Rs 106 billion.&nbsp;During this period, deposits increased by Rs 157 billion.&nbsp;Along with the increase in deposits, banks reduced interest rates and emphasized on lending.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As banks have more investable funds (liquidity), they are reducing interest rates on deposits and loans.&nbsp;On November 10, the average credit-deposit ratio (CD ratio) of banks was 81.35 percent.&nbsp;There is a provision that banks can grant loans by maintaining a CD ratio of up to 90 percent.&nbsp;According to this provision, they still have the ability to provide additional loans of Rs 493 billion.&nbsp;Likewise, the money withdrawn from the banks during Dashain, Tihar and other festivals have returned to the banking system.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">NRB said that after Dashain holidays, deposits in banks and financial institutions increased by Rs 48 billion.&nbsp;According to NRB, the total deposits of banks and financial institutions reached Rs 591.6 billion as of November 10.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">By mid-October, the total deposits in the financial system stood at Rs 5915 billion.&nbsp;During Dashain, when deposits were withdrawn from banks, the deposits decreased to Rs 5868 billion on October 26.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">After the Dashain holidays, deposits in the banking system started to increase continuously. NRB&rsquo;s Executive Director Gunakar Bhatta informed that Rs 76 billion rupees flowed from the banking system to the market during Dashain, and the amount has returned to the system.&nbsp;However, bank deposits have decreased due to the increase in people withdrawing money for Tihar and Chhath.&nbsp; The recent increase in remittance inflow has seen a positive effect on bank deposits. Remittances worth Rs 136 billion were received by mid-November.&nbsp;This is the highest amount ever received in a single month.&nbsp;Similarly, it is mentioned in the report of NRB that the service income from tourists also increased.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As the banks have more liquidity, the short-term interest rates including interbank transactions and treasury bills have also fallen to a low point.&nbsp;NRB informed that the average interbank interest rate remained at 2.80 percent on November 10.&nbsp;</span></span></span></p>

<p><br />
<br />
&nbsp;</p>

<p>&nbsp;</p>
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	(int) 9 => array(
		'Article' => array(
			'id' => '19536',
			'article_category_id' => '1',
			'title' => 'One-third Members of Upper House Retiring on March 4, 2024',
			'sub_title' => '',
			'summary' => 'November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The National Assembly has 59 members and the six-year terms of one-third of them is expiring on March 4. They belong to the group of members whose terms were determined through a draw for the first time after the formation of the National Assembly in 2074 BS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also called the Elders&#39; House, the National Assembly plays an important role in enriching the bills and legislations, holding discussions and giving feedbacks, suggestions and advices on the decisions of the House of Representatives, the Lower House of parliament. The National Assembly which is alleged of becoming only the shadow of the Lower House has, however, sometimes sent messages to the HoR calling for review on some important bills.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Those members whose terms will expire on coming March 4 include Anita Devkota, Jitendra Narayan Dev, Prakash Pantha and Ramesh Jung Rayamajhi of the Nepali Congress, Indu Kadariya, Deepa Gurung, Dil Kumari Rawal, Kumar Dasaundi, Narapati Luwar, Bhairab Sundar Shrestha and Ram Chandra Rai of the CPN (UML) and Bina Pokharel, Mahesh Kumar Mahara and Hariram Chaudhary of the CPN (Maoist Centre), Pramila Kumari of the Janata Samajbadi Party (JSP), Nanda Chapain and Singa Bahadur Bishwakarma of the CPN (Unified Socialist), Dr Khim Lal Devkota (Independent) and Dr Bimala Paudyal who was nominated by the president will also have their terms expire on the same date.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among them, Dasaundi and Dr Devkota had been elected through the by-elections held on February 8, 2023 for the remaining terms after the resignation of Ram Bahadur Thapa and Khimlal Bhattarai.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The terms of all the National Assembly members, whose tenures were determined for two, four and six years through lottery system for the first time after the formation of the Assembly in 2074 BS, will expire on March 4, 2024. Among them, eight belong to the CPN (UML), four to Nepali Congress, three to Maoist Centre, two to Unified Socialist and one to JSP while one each is an independent and nominated National Assembly member. -- RSS</span></span></span></p>
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			'sortorder' => '19264',
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		'Article' => array(
			'id' => '19535',
			'article_category_id' => '1',
			'title' => 'PM Consults with Stakeholders to Revive Economy   ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country's current economic situation.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country&#39;s current economic situation.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM consulted with the stakeholders and experts to fix the country&#39;s economy as the economic activities have not progressed despite several attempts made by the government.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM had also discussed with the officials of different ministries, National Planning Commission, Nepal Rastra Bank and others earlier on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During Tuesday&rsquo;s discussions, the PM said that the government wished to collect recommendations from different sides as the country&#39;s economy is under pressure although it is gradually improving.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Some indicators of the economy are positive but it is not free from pressure. Further consultations are required to resolve the problems seen at present,&quot; PM Dahal added.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Chandra Prasad Dhakal said that the demand side has shrunk and the business community has witnessed insurmountable distress. He shared that the private sector was facing more hardships as the government turned a deaf ear to their problems.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, the private sector raised the issues such as deficit in government accounts, increment of budget on the heading of fiscal management but decline in capital expenditure, inflation remaining over seven percent in last 20 months, operation of cement and trouble in the operation of small and medium entrepreneurs.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The private sector has stressed the need for the state to increase capital expenditure and enable investment-friendly environment.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among the recommendations furnished by the private sector include evaluating Nepal&#39;s sovereign rating, increasing electricity supply, bringing into operation unused airports with priority on tourism sector and expediting road connectivity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI drew the government&#39;s attention to the compulsion of Nepali students to get education in the bordering towns of India due to the halt in the establishment of new nursing colleges. The umbrella body of the private sector also drew attention to flight of foreign capital.&nbsp;&nbsp;&nbsp; &nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI put forth a proposal for the formation of a high-level mechanism headed by the prime minister to address the problems. Prime Minister Dahal said the process to this effect has already started. He further said he was aspiring to receive inputs and deliberations as to how such mechanism will work in resolving existing economic problems. -- RSS&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '19534',
			'article_category_id' => '1',
			'title' => 'VPN Use may Cause Theft of Sensitive Data: Nepal Police  ',
			'sub_title' => '',
			'summary' => 'November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The police cautioned the people about not using illegal and unsafe VPN and DNS platforms as it may result in the theft and loss of their secret and sensitive data.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It may be noted that the Nepal government on November 13 had decided to completely ban the operations of social-networking site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The cyber security bureau of Nepal Police warned that incidents of cybercrime are increasing of late. -- RSS&nbsp; </span></span></span></p>
',
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			'sortorder' => '19262',
			'image' => '20231122120533_blank.jpg',
			'article_date' => '2023-11-22 12:04:50',
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	(int) 12 => array(
		'Article' => array(
			'id' => '19533',
			'article_category_id' => '1',
			'title' => 'PM Dahal to lead Nepal’s Agenda at COP 28 for Climate Action ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Addressing the national conference on climate change on Tuesday, PM Dahal warned that there could be a rise in the cases of climate change-induced disasters, food security and scarcity of potable water.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The national conference was organized to form a common viewpoint on the position paper to be prepared by Nepal and presented in the upcoming global climate change conference.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The conference was organized by the Ministry of Forests and Environment.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">A team led by PM Dahal is leaving for the United Arab Emirates (UAE) to participate in the 28th Conference of the Parties (COP-28) to the United Nations Framework Convention on Climate Change (UNFCCC) scheduled to run from November 30&nbsp; to December 12 in Dubai, UAE.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">During the COP28, Nepal will eloquently lobby the rich and developed countries of the world to fulfill their commitments to limit the increase in global temperature, pledged PM Dahal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;Nepal would also put forth the country&rsquo;s claim on climate action as well as speedy and full implementation of the agreement to provide the climate financing as grant for climate adaptation and resilience,&quot; he assured.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that Nepal is highly vulnerable to climate change impacts, PM Dahal said, &quot;We are facing multifaceted challenges induced by changing climate. The time table, nature and quantity of monsoon rain are massively changing, the temperature of the atmosphere is rising and natural disasters are increasing among others.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Head of the Government further shed light on the climate change related challenges faced by Nepal saying, &quot;The glaciers are melting and exploding, landslides and dry droughts are increasing in hill areas and incidents of floods are rampant in the Terai region. Due to global warming, two-thirds of the glaciers of the mountains in our region are melting.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Scientists, in a study Hindu Kush Himalaya Assessment, have warned that two-third of Himalayan glaciers, the world&#39;s Third Pole, could melt by 2100 if global emissions are not reduced or controlled timely.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal stated that impoverished families, small time farmers, marginalized ethnic communities, women, children, elderly people and physically-challenged ones were most vulnerable to the impacts of climate change.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He further asserted that climate change had massively impacted thematic areas such as agriculture, hydro resources and tourism as well as food security, health, water supply, means of livelihood and security sectors that contribute to the national economy.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to him, due to the decline in the socio-economic sector, increasing health and food security problems, there was a likelihood of an increase in the climate crisis and risks in future.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal, in its capacity as a state party to the UNFCCC, is participating in the dialogue process of the states parties.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said that dialogue is continuously taking place with the international community on challenges of climate change and opportunities via various forums, stating that COP-28 is approaching as both a challenge and an important opportunity to make this dialogue more richer and result-oriented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said the National Climate Change Policy 2076, the Environment Conservation Act 2076 and Regulations 2077, the National Framework on Local Adaptation Plan of Action 2076, the Climate Resilience Plan and Budget Formulation Directive 2077 and the Climate Change Related Gender and Social Inclusion Strategy and Action Plan 2077/2078 have been formulated and implemented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The National Adaptation Plan 2021-2050 and the Nationally Determined Contribution in line with the Paris Agreement will make us further stronger. The leadership of the federal, provincial and local levels and the support and collaboration of development partners and stakeholder agencies are needed for implementing the national policy, plans and programmes on climate change adaptation and mitigation that we have prepared to fight the climate change effects and impact,&quot; he asserted.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The PM also called on the national and international organizations to focus their cooperation towards the programmes contained in the National Adaptation Plan and the Nationally Determined Contribution Implementation Plan that have been prepared by including our needs and priorities.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He mentioned that Nepal drew the attention of the world community through the 78th UNGA held this year to provide climate financing as climate justice to Nepal and the LDCs.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Likewise, PM Dahal said that in his upcoming address at COP28, he plans to address significant issues such as climate finance, adaptation, transfer of mountaineering technology and capacity building, loss and damage, and climate empowerment. These issues, crucial to Nepal&#39;s sustainable development and environmental preservation, deserve attention and action on the global stage.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The recent visit of UN Secretary General Antonio Guterres to the Khumbu region serves as a poignant reminder of the urgent need to address climate change issues faced by Nepal. Guterres&#39;s inspection of the impacts of climate change and interactions with local communities contribute significantly to globalizing the problems faced by this region. It amplifies Nepal&#39;s call for recognition and support in the international community&#39;s efforts to combat climate change,&quot; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Prime Minister Dahal also reflected on his address at the 76th United Nations General Assembly in New York, where he highlighted the profound impacts of climate change in Nepal. This reiteration underscores the government&#39;s dedication to addressing climate-related challenges and implementing initiatives for the development of tourism infrastructure in vulnerable regions such as Khumbu.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a need for changing the structural system to incorporate the financial grants provided for the promotion of adaptability, upliftment and loss and damage concept in the government budgetary system in line with the national interests of Nepal, but not in the interests of superpower nations and donors,&quot; said the PM. Such grants Nepal receives as climate justice have not been mobilized in the national interests as they have directly gone to the hands of social organizations, and individuals, which they spend as per their own interests, being excluded from the government&#39;s regulatory system, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Initiatives would be taken in receiving such grants directly to the state fund by stopping the practice of distributing and spending them randomly, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stressing the need for drawing the global attention to identify and address problems of Himalayan nations, the PM clarified that Nepal would strategically raise the problems faced by the Himalayan nations, and take the leadership to make a strategy for cooperation.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Maintaining that Nepal needs USD 21 billion for the implementation of adaptation priorities by 2030, he emphasized the need for Nepal to lay the claim in a factual manner for the country&#39;s easy access to the established adaptation fund.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Least developed countries like Nepal should strongly advocate to simplify the application process for their access to the green climate fund and other funds, remove capacity barriers and improve direct access to the climate fund, said the PM.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a challenge to bring in benefits from the international climate finance mechanism. On the other hand, there is a need to focus on investing in concrete programmes and activities while effectively mobilizing climate finance within the country and reaching out to the affected areas and communities.&quot; -- RSS</span></span></p>

<p>&nbsp;</p>
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			'id' => '19532',
			'article_category_id' => '1',
			'title' => 'SC Seeks Written Response from Government on TikTok Ban   ',
			'sub_title' => '',
			'summary' => 'November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Following a preliminary hearing on a writ petitions filed against the government&rsquo;s decision, the apex court on Tuesday issued a show cause order against the government, seeking a written reply within the next ten days. &nbsp;RSS added that a single bench of SC Justice Binod Sharma issued the show cause order.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The apex court has asked the defendant to submit a written response by December 1, and appear for a hearing on December 5, Supreme Court joint-Spokesperson Govinda Ghimire told RSS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 10 lawyers, including senior advocate Dinesh Tripathi, had filed separate writ petitions challenging the government&#39;s decision in the Supreme Court.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government decided to ban Tiktok on November 13 citing that it has disturbed social harmony. The move has been widely criticized from all quarters with the general public likening it to an attempt to curtail freedom of expression as guaranteed by the constitution.&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Many people have been using this platform to expand their business, which has been hit hard by the decision to ban TikTok. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">There have been calls to regulate TikTok rather than imposing a blanket ban.</span></span></span></p>
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			'id' => '19531',
			'article_category_id' => '1',
			'title' => 'Government Initiatives to Facilitate Loan Repayment and Boost Economy',
			'sub_title' => '',
			'summary' => 'In a bid to improve the nation's economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 22: In a bid to improve the nation&#39;s economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A key decision has been made to streamline the repayment of loans for businesspersons facing challenges in meeting interest payments promptly. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Simultaneously, a thorough examination of bank interest rates is set to take place. Prime Minister Pushpa Kamal Dahal &#39;Prachanda&#39; started discussions that culminated in the establishment of a specialized mechanism dedicated to overseeing financial cooperatives. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, a cooperatives fund is slated to be instituted, aimed at safeguarding the savings of depositors.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Office of the Prime Minister and the Council of Ministers disclosed that recommendations from a commission tasked with tax system reform will guide efforts to enhance the revenue structure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government has committed to prioritizing major infrastructure projects, including the Budhigandaki Hydropower Project, Nijgadh International Airport, Karnali-Chisapani, Upper Arun, and three cricket stadiums. Outstanding payments owed to contractors involved in these projects will be expedited.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following today&#39;s discussions, Prime Minister Pushpa Kamal Dahal instructed ministers and secretaries to earnestly focus on increasing capital expenditure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Moreover, a high-level commission dedicated to government reform and the promotion of good governance will be established. The Industry and Commerce Promotion Dialogue Council, chaired by the Prime Minister, will facilitate regular dialogues between the government and the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Addressing concerns about loan repayment, Finance Minister Dr. Prakasharan Mahat emphasized that it would be inaccurate to assert that loans will not be repaid.&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He clarified that measures, facilitated through the Nepal Rastra Bank, will be explored to ease the loan repayment process. (RSS)</span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19546',
			'article_category_id' => '1',
			'title' => 'NCC Urges Govt to Operate GBIA at Full Capacity',
			'sub_title' => '',
			'summary' => 'November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Nepal Chamber of Commerce President Rajendra Malla has urged the concerned authorities to operate Bhairahawa-based Gautam Buddha International Airport at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the &#39;Sixth Lumbini Regional Festival&#39; which started in Bhairahawa on Wednesday, Malla said that the private sector&rsquo;s investment worth billions of rupees was at risk because the airport could not operate at full capacity. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Malla said that along with the operation of the airport, Lumbini, the birthplace of Gautama Buddha, should also be made a center of attraction for international tourists. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The private sector invested millions of rupees with the hope that commercial activities will increase after the operation of the airport. But that has not happened and the investment is at risk. The government needs to pay attention to this aspect,&rdquo; said Malla.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a different context, NCC President Malla said that Bhairahawa SEZ should be put into operation through public private partnership. He stressed on the need to control illegal trade, which is taking place unabated due to the advantage of the open border with India. </span></span></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19545',
			'article_category_id' => '1',
			'title' => 'Cimex Inc. Pvt. Ltd. Supports Quake-hit People',
			'sub_title' => '',
			'summary' => 'Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has taken steps to aid earthquake-affected communities in Jajarkot and Rukum East. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The company has initiated an earthquake relief fund, encouraging customer participation. For every BYD Dolphin booked, a pledge of Rs. 10,000, and for every BYD ATTO 3 booked, Rs. 20,000 will be contributed to the relief fund until the 23rd of Mangshir. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In appreciation of customers&#39; contributions to the relief fund, Cimex Inc. will feature their names on the company&#39;s social media platforms and in daily newspapers. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In addition to the customer-driven initiative, Cimex Inc. has already made a substantial donation of Rs 11,00,000 to aid earthquake victims in the Sani Bheri Rural Municipality in Jajarkot. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The chairman of Cimex Inc., Mr. Anil Shrestha, personally handed over this donation to help the earthquake victims in Jajarkot and Rukum West.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;</span></span></p>
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			'title' => 'Capital Gains Tax from Securities Trading Declined by Rs 135 Million during Festive Season',
			'sub_title' => '',
			'summary' => 'November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs 135 million.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The capital gains tax to be paid to the government by the investors of the secondary market of securities has decreased by more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">135</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> million.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In a one-month period from mid-October to mid-November, the government earned more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">8</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax. This amount is less by Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">13</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">54</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">24</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 compared to a month ago.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Suresh Neupane, information officer of CDSC, more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">95</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">79</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 in capital gains tax were collected in mid-September to mid-October.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Neupane says that because there were fewer business days in the review month compared to a month ago, the capital gains tax earned by the government declined. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the government collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">4</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">0,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">41</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,000 from short-term investors and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">69</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">18</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 000 from long-term investors in the individual category during the review month.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that the government had collected more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">15</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">76</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">, 00,000 from short-term investors and more than </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">6</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">19</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000 from long-term investors in the previous month from mid-September to mid-October. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The government collects tax by dividing the investors who deal in the secondary market of securities into two categories in case of individuals investors. Those who hold shares for more than one year are considered as long-term investors and those who hold shares for less than one year are considered as short-term investors. The government charges </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7.5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax from short-term investors and </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">5</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent from long-term investors. Institutional investors have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent capital gains tax. If the investor earns profit from securities trading, there is a provision to pay capital gains tax based on the weighted average cost.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Due to the public holidays in mid-October to mid-November due to the festivals of Dashain and Tihar, there were only </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">days of trading in the stock market. According to Nepal Stock Exchange Limited, the operator of the secondary market of securities, </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">30</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">98</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">82</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">749 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">units of shares worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">10</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">73</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,00,000</span></span> <span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">were bought and sold in these </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">12 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">trading days. While the share market opened at </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">864.62 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points in mid-October, it fell to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">,</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">852 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">points on the last trading day inmid-November.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '19543',
			'article_category_id' => '1',
			'title' => 'Experts Warn of Impact of Excessive Use of Antibiotics on Public Health',
			'sub_title' => '',
			'summary' => 'November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: Experts have raised concerns about the impact of excessive use of over-the-counter antibiotics on public health.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at a programme organized in Janakpur by Madhesh Public Health Laboratory on the occasion of the &#39;World Antibiotic Resistance Awareness Campaign&#39;, experts advised the general public to use only the medicines prescribed by doctors.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of Provincial Public Health Laboratory Dr Shravan Kumar Mishra said that more than ten million people die every year due to biological resistance. He said that the misuse of antibiotics should be strictly stopped. Dr Mishra said taking antibiotics easily from drug stores and using them without doctors&rsquo; prescription can cause long-term effects on human health and even death.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">He said that antibiotics are also for domesticated animals, which ultimately reach humans when they consume meat.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dr Mishra said that this type of action should be discouraged as long-term diseases are invited by the use of antibiotics in both human health and livestock. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Director of the Health Branch under the Ministry of Health and Population Dr Rajeev Kumar Jha said that the main challenge of human life is the easy availability of antibiotics in drug stores. He said that if the use of antibiotics is reduced from now on, big problems for human health can be avoided in the coming days.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 4 => array(
		'Article' => array(
			'id' => '19542',
			'article_category_id' => '1',
			'title' => 'IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours',
			'sub_title' => '',
			'summary' => 'November 23: The Inland Revenue Department has honored 16 outstanding taxpayers.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">November 23: The Inland Revenue Department has honored </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">16</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> outstanding taxpayers.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Surya Nepal, which has been among the best taxpayers every year, has been honored as the company that pays the most taxes and files taxes on time this year. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, Nepal Telecom Company Limited (Nepal Telecom) has been honoured for paying the highest income tax. Dabur Nepal Pvt Ltd was recognized for its contribution towards highest exports while Asian Paints was honoured as the highest taxpayer among the industries.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the banking sector, Global IME Bank was honoured as the highest taxpayer, while ALAIC Nepal was recognized as the highest&nbsp; taxpayer among insurance companies.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, Chhimek Laghubitta Bittiya Sansthan was the highest taxpayer among microfinance&nbsp; institutions. OBC Feed and Feeds Pvt Ltd bagged the honours towards agricultural firms. On the education front, the Nobel Teaching Hospital was recognized as the highest taxayer.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Manakamana Cable Car was adjudged the highest taxpayer in the tourism sector. Likewise, Bhatbhateni Super Market was honoured as the highest taxpayer in the commodity trading section, Nepal Stock Exchange Limited (NEPSE) for middle level taxpayers, Bhotekoshi Energy Company in the energy sector, IME Remittance for remittances. The&nbsp; IRD honoured Vijay Kumar Shah as the highest taxpayer under the personal income tax segment.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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		'Article' => array(
			'id' => '19541',
			'article_category_id' => '1',
			'title' => 'Traffic Police urges KTM Valley Denizens to Use Vehicles only for Essential Purpose Today   ',
			'sub_title' => '',
			'summary' => 'November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: Traffic police has urged the general public in the Kathmandu Valley not to use vehicles except for essential work today.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Kathmandu Valley Traffic Police office made this call citing possibility of obstruction in vehicular movement due to the rallies announced by different groups at various places of the Valley on Thursday, November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The Traffic Police has also requested the public to enquire about the situation of road by making a call at 100 or 103 or listening to Traffic FM 95.5 Megahertz before going out with vehicles. The Traffic Police has asked all those driving in the valley on Thursday for their cooperation as they may be asked to changes their route from any places for the safety of drivers and passengers. -- RSS</span></span></span></p>
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		'Article' => array(
			'id' => '19540',
			'article_category_id' => '1',
			'title' => 'Earthquake Jolts Kathmandu Valley   ',
			'sub_title' => '',
			'summary' => 'November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 23: An earthquake measuring 4.5 magnitude in the Richter scale jolted the Kathmandu valley and nearby areas last night.The epicenter of the quake was located at&nbsp;Chitlang, Makawanpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the National Earthquake Monitoring and Research Centre, the earthquake measuring 4.5 in the Richter scale took place at 1.19 am on November 23.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Senior seismologist Dr Lokbijay Adhikari informed that the quake occurred in Chitlang located in the border of Kathmandu, Makawanpur and Dhading districts.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Prior to this, a 4.5-magnitude tremor was recorded with its epicenter at Dhamena of Bajhang on November 20. -- RSS&nbsp; </span></span></span></p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '19539',
			'article_category_id' => '1',
			'title' => 'Bharatpur Metropolis to Launch ‘Visit Bharatpur 2024’',
			'sub_title' => '',
			'summary' => 'Bharatpur Metropolitan City is gearing up for the 'Visit Bharatpur 2024' campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 23: Bharatpur Metropolitan City is gearing up for the &#39;Visit Bharatpur 2024&#39; campaign, aiming to attract both domestic and international tourists by showcasing Bharatpur as a premier tourism destination. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The announcement was made during a program jointly organized by Bharatpur Metropolitan City and the Tourism Board on Wednesday.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Deputy Mayor Chitra Sen Adhikari revealed that the campaign is designed to designate 2024 as the official &#39;Visit Bharatpur Year.&#39;&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Noteworthy is the fact that Bharatpur Metropolitan City is the first local government to initiate a &#39;Visit Year&#39; campaign, emphasizing its significance not just for the city but for the entire nation.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of State for Culture, Tourism, and Civil Aviation, Sushila Sripali Thakuri, commended the historic efforts of Bharatpur Metropolitan City in promoting tourism by recognizing the region&#39;s natural beauty.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">&nbsp;She highlighted the ministry&#39;s commitment to overcoming legal obstacles hindering the protection and promotion of the tourism sector through comprehensive reviews.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dhananjay Regmi, Chief Executive Officer of the Tourism Board, emphasized the timeliness of launching the &#39;Visit Bharatpur 2024&#39; campaign, praising Bharatpur Metropolitan City&#39;s dedication to its success. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Metropolis has declared 2024 as the &#39;Visit Bharatpur&#39; year, encompassing a range of events and activities to boost tourism. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These include an international safari mart, investment summit, heritage marathon, government and stakeholder meetings, jungle festival, youth and women conferences, literary programs, national and international seminars, sports competitions, exhibitions, and food festivals. (RSS)</span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '19537',
			'article_category_id' => '1',
			'title' => 'Credit Flow of Banks Reaches Rs 32 Billion in One-Month Period from mid-October to mid-November',
			'sub_title' => '',
			'summary' => 'November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Banks and financial institutions are focusing on increasing credit flow due to the accumulation of investable capital (liquidity) along with the increase in deposits.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Banks&rsquo; lending has increased due to the increase in domestic economic activities amid festivals like Dashain, Tihar, and Chhath.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the latest data published by Nepal Rastra Bank, the banks disbursed a total credit of Rs 32 billion between mid-October to mid-November. As of mid-October, the total loans of banks stood at Rs 495.2 billion rupees, which increased to Rs 498.4 billion on November 10.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">In the current fiscal year (FY) alone, the credit flow of banks increased by Rs 106 billion.&nbsp;During this period, deposits increased by Rs 157 billion.&nbsp;Along with the increase in deposits, banks reduced interest rates and emphasized on lending.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As banks have more investable funds (liquidity), they are reducing interest rates on deposits and loans.&nbsp;On November 10, the average credit-deposit ratio (CD ratio) of banks was 81.35 percent.&nbsp;There is a provision that banks can grant loans by maintaining a CD ratio of up to 90 percent.&nbsp;According to this provision, they still have the ability to provide additional loans of Rs 493 billion.&nbsp;Likewise, the money withdrawn from the banks during Dashain, Tihar and other festivals have returned to the banking system.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">NRB said that after Dashain holidays, deposits in banks and financial institutions increased by Rs 48 billion.&nbsp;According to NRB, the total deposits of banks and financial institutions reached Rs 591.6 billion as of November 10.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">By mid-October, the total deposits in the financial system stood at Rs 5915 billion.&nbsp;During Dashain, when deposits were withdrawn from banks, the deposits decreased to Rs 5868 billion on October 26.&nbsp;</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">After the Dashain holidays, deposits in the banking system started to increase continuously. NRB&rsquo;s Executive Director Gunakar Bhatta informed that Rs 76 billion rupees flowed from the banking system to the market during Dashain, and the amount has returned to the system.&nbsp;However, bank deposits have decreased due to the increase in people withdrawing money for Tihar and Chhath.&nbsp; The recent increase in remittance inflow has seen a positive effect on bank deposits. Remittances worth Rs 136 billion were received by mid-November.&nbsp;This is the highest amount ever received in a single month.&nbsp;Similarly, it is mentioned in the report of NRB that the service income from tourists also increased.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">As the banks have more liquidity, the short-term interest rates including interbank transactions and treasury bills have also fallen to a low point.&nbsp;NRB informed that the average interbank interest rate remained at 2.80 percent on November 10.&nbsp;</span></span></span></p>

<p><br />
<br />
&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19536',
			'article_category_id' => '1',
			'title' => 'One-third Members of Upper House Retiring on March 4, 2024',
			'sub_title' => '',
			'summary' => 'November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Twenty members of the National Assembly, the Upper House of the Federal Parliament, including Chair Ganesh Prasad Timilsina will be retiring on March 4, 2024.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The National Assembly has 59 members and the six-year terms of one-third of them is expiring on March 4. They belong to the group of members whose terms were determined through a draw for the first time after the formation of the National Assembly in 2074 BS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also called the Elders&#39; House, the National Assembly plays an important role in enriching the bills and legislations, holding discussions and giving feedbacks, suggestions and advices on the decisions of the House of Representatives, the Lower House of parliament. The National Assembly which is alleged of becoming only the shadow of the Lower House has, however, sometimes sent messages to the HoR calling for review on some important bills.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Those members whose terms will expire on coming March 4 include Anita Devkota, Jitendra Narayan Dev, Prakash Pantha and Ramesh Jung Rayamajhi of the Nepali Congress, Indu Kadariya, Deepa Gurung, Dil Kumari Rawal, Kumar Dasaundi, Narapati Luwar, Bhairab Sundar Shrestha and Ram Chandra Rai of the CPN (UML) and Bina Pokharel, Mahesh Kumar Mahara and Hariram Chaudhary of the CPN (Maoist Centre), Pramila Kumari of the Janata Samajbadi Party (JSP), Nanda Chapain and Singa Bahadur Bishwakarma of the CPN (Unified Socialist), Dr Khim Lal Devkota (Independent) and Dr Bimala Paudyal who was nominated by the president will also have their terms expire on the same date.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among them, Dasaundi and Dr Devkota had been elected through the by-elections held on February 8, 2023 for the remaining terms after the resignation of Ram Bahadur Thapa and Khimlal Bhattarai.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The terms of all the National Assembly members, whose tenures were determined for two, four and six years through lottery system for the first time after the formation of the Assembly in 2074 BS, will expire on March 4, 2024. Among them, eight belong to the CPN (UML), four to Nepali Congress, three to Maoist Centre, two to Unified Socialist and one to JSP while one each is an independent and nominated National Assembly member. -- RSS</span></span></span></p>
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			'sortorder' => '19264',
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			'article_date' => '2023-11-22 13:40:32',
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		'Article' => array(
			'id' => '19535',
			'article_category_id' => '1',
			'title' => 'PM Consults with Stakeholders to Revive Economy   ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country's current economic situation.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal on Tuesday held discussions with politicians, private sector leaders, economists and stakeholders on the country&#39;s current economic situation.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM consulted with the stakeholders and experts to fix the country&#39;s economy as the economic activities have not progressed despite several attempts made by the government.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM had also discussed with the officials of different ministries, National Planning Commission, Nepal Rastra Bank and others earlier on Monday.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During Tuesday&rsquo;s discussions, the PM said that the government wished to collect recommendations from different sides as the country&#39;s economy is under pressure although it is gradually improving.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;Some indicators of the economy are positive but it is not free from pressure. Further consultations are required to resolve the problems seen at present,&quot; PM Dahal added.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Chandra Prasad Dhakal said that the demand side has shrunk and the business community has witnessed insurmountable distress. He shared that the private sector was facing more hardships as the government turned a deaf ear to their problems.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting, the private sector raised the issues such as deficit in government accounts, increment of budget on the heading of fiscal management but decline in capital expenditure, inflation remaining over seven percent in last 20 months, operation of cement and trouble in the operation of small and medium entrepreneurs.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The private sector has stressed the need for the state to increase capital expenditure and enable investment-friendly environment.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Among the recommendations furnished by the private sector include evaluating Nepal&#39;s sovereign rating, increasing electricity supply, bringing into operation unused airports with priority on tourism sector and expediting road connectivity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI drew the government&#39;s attention to the compulsion of Nepali students to get education in the bordering towns of India due to the halt in the establishment of new nursing colleges. The umbrella body of the private sector also drew attention to flight of foreign capital.&nbsp;&nbsp;&nbsp; &nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The FNCCI put forth a proposal for the formation of a high-level mechanism headed by the prime minister to address the problems. Prime Minister Dahal said the process to this effect has already started. He further said he was aspiring to receive inputs and deliberations as to how such mechanism will work in resolving existing economic problems. -- RSS&nbsp; </span></span></span></p>
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		'Article' => array(
			'id' => '19534',
			'article_category_id' => '1',
			'title' => 'VPN Use may Cause Theft of Sensitive Data: Nepal Police  ',
			'sub_title' => '',
			'summary' => 'November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: Nepal Police has urged smartphone users not to employ VPN and DNS platforms for the operation of government-banned social site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The police cautioned the people about not using illegal and unsafe VPN and DNS platforms as it may result in the theft and loss of their secret and sensitive data.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It may be noted that the Nepal government on November 13 had decided to completely ban the operations of social-networking site, TikTok.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The cyber security bureau of Nepal Police warned that incidents of cybercrime are increasing of late. -- RSS&nbsp; </span></span></span></p>
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			'sortorder' => '19262',
			'image' => '20231122120533_blank.jpg',
			'article_date' => '2023-11-22 12:04:50',
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	(int) 12 => array(
		'Article' => array(
			'id' => '19533',
			'article_category_id' => '1',
			'title' => 'PM Dahal to lead Nepal’s Agenda at COP 28 for Climate Action ',
			'sub_title' => '',
			'summary' => 'November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">November 22: Prime Minister Pushpa Kamal Dahal has warned that if we could not stop global rise in temperature, there could be a serious and adverse impact on the prospects of climate resilient development in developing countries like Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Addressing the national conference on climate change on Tuesday, PM Dahal warned that there could be a rise in the cases of climate change-induced disasters, food security and scarcity of potable water.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The national conference was organized to form a common viewpoint on the position paper to be prepared by Nepal and presented in the upcoming global climate change conference.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The conference was organized by the Ministry of Forests and Environment.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">A team led by PM Dahal is leaving for the United Arab Emirates (UAE) to participate in the 28th Conference of the Parties (COP-28) to the United Nations Framework Convention on Climate Change (UNFCCC) scheduled to run from November 30&nbsp; to December 12 in Dubai, UAE.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">During the COP28, Nepal will eloquently lobby the rich and developed countries of the world to fulfill their commitments to limit the increase in global temperature, pledged PM Dahal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;Nepal would also put forth the country&rsquo;s claim on climate action as well as speedy and full implementation of the agreement to provide the climate financing as grant for climate adaptation and resilience,&quot; he assured.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that Nepal is highly vulnerable to climate change impacts, PM Dahal said, &quot;We are facing multifaceted challenges induced by changing climate. The time table, nature and quantity of monsoon rain are massively changing, the temperature of the atmosphere is rising and natural disasters are increasing among others.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Head of the Government further shed light on the climate change related challenges faced by Nepal saying, &quot;The glaciers are melting and exploding, landslides and dry droughts are increasing in hill areas and incidents of floods are rampant in the Terai region. Due to global warming, two-thirds of the glaciers of the mountains in our region are melting.&quot;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Scientists, in a study Hindu Kush Himalaya Assessment, have warned that two-third of Himalayan glaciers, the world&#39;s Third Pole, could melt by 2100 if global emissions are not reduced or controlled timely.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal stated that impoverished families, small time farmers, marginalized ethnic communities, women, children, elderly people and physically-challenged ones were most vulnerable to the impacts of climate change.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He further asserted that climate change had massively impacted thematic areas such as agriculture, hydro resources and tourism as well as food security, health, water supply, means of livelihood and security sectors that contribute to the national economy.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to him, due to the decline in the socio-economic sector, increasing health and food security problems, there was a likelihood of an increase in the climate crisis and risks in future.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal, in its capacity as a state party to the UNFCCC, is participating in the dialogue process of the states parties.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said that dialogue is continuously taking place with the international community on challenges of climate change and opportunities via various forums, stating that COP-28 is approaching as both a challenge and an important opportunity to make this dialogue more richer and result-oriented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">PM Dahal said the National Climate Change Policy 2076, the Environment Conservation Act 2076 and Regulations 2077, the National Framework on Local Adaptation Plan of Action 2076, the Climate Resilience Plan and Budget Formulation Directive 2077 and the Climate Change Related Gender and Social Inclusion Strategy and Action Plan 2077/2078 have been formulated and implemented.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The National Adaptation Plan 2021-2050 and the Nationally Determined Contribution in line with the Paris Agreement will make us further stronger. The leadership of the federal, provincial and local levels and the support and collaboration of development partners and stakeholder agencies are needed for implementing the national policy, plans and programmes on climate change adaptation and mitigation that we have prepared to fight the climate change effects and impact,&quot; he asserted.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The PM also called on the national and international organizations to focus their cooperation towards the programmes contained in the National Adaptation Plan and the Nationally Determined Contribution Implementation Plan that have been prepared by including our needs and priorities.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">He mentioned that Nepal drew the attention of the world community through the 78th UNGA held this year to provide climate financing as climate justice to Nepal and the LDCs.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Likewise, PM Dahal said that in his upcoming address at COP28, he plans to address significant issues such as climate finance, adaptation, transfer of mountaineering technology and capacity building, loss and damage, and climate empowerment. These issues, crucial to Nepal&#39;s sustainable development and environmental preservation, deserve attention and action on the global stage.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;The recent visit of UN Secretary General Antonio Guterres to the Khumbu region serves as a poignant reminder of the urgent need to address climate change issues faced by Nepal. Guterres&#39;s inspection of the impacts of climate change and interactions with local communities contribute significantly to globalizing the problems faced by this region. It amplifies Nepal&#39;s call for recognition and support in the international community&#39;s efforts to combat climate change,&quot; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Prime Minister Dahal also reflected on his address at the 76th United Nations General Assembly in New York, where he highlighted the profound impacts of climate change in Nepal. This reiteration underscores the government&#39;s dedication to addressing climate-related challenges and implementing initiatives for the development of tourism infrastructure in vulnerable regions such as Khumbu.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a need for changing the structural system to incorporate the financial grants provided for the promotion of adaptability, upliftment and loss and damage concept in the government budgetary system in line with the national interests of Nepal, but not in the interests of superpower nations and donors,&quot; said the PM. Such grants Nepal receives as climate justice have not been mobilized in the national interests as they have directly gone to the hands of social organizations, and individuals, which they spend as per their own interests, being excluded from the government&#39;s regulatory system, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Initiatives would be taken in receiving such grants directly to the state fund by stopping the practice of distributing and spending them randomly, he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stressing the need for drawing the global attention to identify and address problems of Himalayan nations, the PM clarified that Nepal would strategically raise the problems faced by the Himalayan nations, and take the leadership to make a strategy for cooperation.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Maintaining that Nepal needs USD 21 billion for the implementation of adaptation priorities by 2030, he emphasized the need for Nepal to lay the claim in a factual manner for the country&#39;s easy access to the established adaptation fund.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Least developed countries like Nepal should strongly advocate to simplify the application process for their access to the green climate fund and other funds, remove capacity barriers and improve direct access to the climate fund, said the PM.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&quot;There is a challenge to bring in benefits from the international climate finance mechanism. On the other hand, there is a need to focus on investing in concrete programmes and activities while effectively mobilizing climate finance within the country and reaching out to the affected areas and communities.&quot; -- RSS</span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '19532',
			'article_category_id' => '1',
			'title' => 'SC Seeks Written Response from Government on TikTok Ban   ',
			'sub_title' => '',
			'summary' => 'November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.    ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">November 22: The Supreme Court has sought written response from the government for its decision to impose a ban on TikTok, a popular social media platform, the state-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Following a preliminary hearing on a writ petitions filed against the government&rsquo;s decision, the apex court on Tuesday issued a show cause order against the government, seeking a written reply within the next ten days. &nbsp;RSS added that a single bench of SC Justice Binod Sharma issued the show cause order.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The apex court has asked the defendant to submit a written response by December 1, and appear for a hearing on December 5, Supreme Court joint-Spokesperson Govinda Ghimire told RSS.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">A total of 10 lawyers, including senior advocate Dinesh Tripathi, had filed separate writ petitions challenging the government&#39;s decision in the Supreme Court.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government decided to ban Tiktok on November 13 citing that it has disturbed social harmony. The move has been widely criticized from all quarters with the general public likening it to an attempt to curtail freedom of expression as guaranteed by the constitution.&nbsp; </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Many people have been using this platform to expand their business, which has been hit hard by the decision to ban TikTok. </span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">There have been calls to regulate TikTok rather than imposing a blanket ban.</span></span></span></p>
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			'title' => 'Government Initiatives to Facilitate Loan Repayment and Boost Economy',
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			'summary' => 'In a bid to improve the nation's economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.',
			'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 22: In a bid to improve the nation&#39;s economy, the government has announced a series of measures after a comprehensive evaluation of the current economic conditions and extensive consultations with stakeholders, including representatives from the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A key decision has been made to streamline the repayment of loans for businesspersons facing challenges in meeting interest payments promptly. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Simultaneously, a thorough examination of bank interest rates is set to take place. Prime Minister Pushpa Kamal Dahal &#39;Prachanda&#39; started discussions that culminated in the establishment of a specialized mechanism dedicated to overseeing financial cooperatives. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, a cooperatives fund is slated to be instituted, aimed at safeguarding the savings of depositors.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Office of the Prime Minister and the Council of Ministers disclosed that recommendations from a commission tasked with tax system reform will guide efforts to enhance the revenue structure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government has committed to prioritizing major infrastructure projects, including the Budhigandaki Hydropower Project, Nijgadh International Airport, Karnali-Chisapani, Upper Arun, and three cricket stadiums. Outstanding payments owed to contractors involved in these projects will be expedited.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following today&#39;s discussions, Prime Minister Pushpa Kamal Dahal instructed ministers and secretaries to earnestly focus on increasing capital expenditure. </span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Moreover, a high-level commission dedicated to government reform and the promotion of good governance will be established. The Industry and Commerce Promotion Dialogue Council, chaired by the Prime Minister, will facilitate regular dialogues between the government and the private sector.</span></span></p>

<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Addressing concerns about loan repayment, Finance Minister Dr. Prakasharan Mahat emphasized that it would be inaccurate to assert that loans will not be repaid.&nbsp;</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He clarified that measures, facilitated through the Nepal Rastra Bank, will be explored to ease the loan repayment process. (RSS)</span></span></p>

<p>&nbsp;</p>
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FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00