October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in…
October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in…
October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet,…
October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern…
Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on…
October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and…
The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points…
October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal.…
October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in…
October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of…
October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property…
October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and…
October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. …
Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan. According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest…
October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on…
The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week,…
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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They also demanded that the bodies of those killed in the recent attack by Hamas militants be brought home as early as possible while the injured and the stranded who wish to return back be airlifted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During the House meeting, Nepali Congress MP Arjun Narsingh KC drew the attention of the government to bring the dead bodies of 10 Nepalis who lost their lives in the attack and to provide treatment to the injured ones. He also called for the government to make public the details of the number of Nepalis in Israel and their condition. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, CPN (UML)'s Gokul Prasad Banskota urged the government for prompt rescue of the Nepalis in Israel waiting to be rescued. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">UML's Ishwar Bahadur Rijal also viewed that the government should immediately rescue those willing to come home from Israel and ensure medical facilities to the injured. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Other parliamentarians including Chitra Bahadur KC, Anjani Shrestha, Anisha Nepali, Abdul Khan, Amanlal Modi, Amar Bahadur Raymajhi, Amrit Lal Rajbanshi, Ishwari Gharti, Urmila Majhi, Kiran Kumar Shah and Geeta Basnet also demanded for a prompt rescue of the Nepalis in Israel. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18948', 'image' => '20231010111951_Parliament RSS 800.jpg', 'article_date' => '2023-10-10 11:18:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19218', 'article_category_id' => '1', 'title' => 'World Record-Holder Sherpa Missing in Avalanche ', 'sub_title' => '', 'summary' => 'October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">American national Gina Marie Rzucidlo is also missing along with Sherpa in the avalanche that occurred on Saturday in Shishapangma, one of the world's 14th tallest peaks, according to the Ministry of Culture, Tourism and Civil Aviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press release on Monday, the ministry said that whereabouts of both the climbers is still unknown. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the ministry informed that Karma Gyalzen Sherpa, Mitra Bahadur Tamang and Kami Rita Sherpa have been critically injured in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has been making necessary efforts to carry out a search for the missing ones while some of the climbers were rescued and are receiving treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The statement said that the ministry and the entire mountaineering sector is shocked from the news about the missing of the renowned world record keeper and climber Sherpa and the American climber. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the ministry, guide Mingmar Sherpa and US national Anna Gutu were found dead in the avalanche that occurred on the same day. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18947', 'image' => '20231010104941_sisa.jpg', 'article_date' => '2023-10-10 10:49:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19219', 'article_category_id' => '1', 'title' => 'Israeli Army Claims Re-control of Southern Communities ', 'sub_title' => '', 'summary' => 'October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The control over the communities adjacent to the Gaza Strip has been regained," IDF (Israel Defense Forces) Spokesman Daniel Hagari told reporters, adding but militants could still be in the area. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Hagari said that tanks and aircraft would secure breaches in the security fence between Israel and Gaza, which Hamas fighters tore down on Saturday as they stormed communities in southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israel has called for a large-scale mobilization of reserve forces, with more than 300,000 reserve soldiers reporting within hours, said Hagari. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On Saturday morning, Hamas militants broke through the fence from Gaza while militants in Gaza launched about 3,000 rockets at central and southern Israel. Israel responded with intensive airstrikes in Gaza. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israeli officials reported that at least 700 people were killed in Israel and more than 2,300 others injured. Militant groups in Gaza claimed that about 130 individuals were taken hostage during the attack. Meanwhile, the Palestinian Health Ministry in Gaza reported that at least 493 Palestinians were killed, including 78 minors. -- Xinhua/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18946', 'image' => '20231010111154_AP23281412627233.jpg', 'article_date' => '2023-10-10 11:11:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19217', 'article_category_id' => '1', 'title' => 'Claudia Goldin Wins Nobel Economics Prize for Work on Gender Gap', 'sub_title' => '', 'summary' => 'Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 10: Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year's crop of Nobel prizes and is worth 11 million Swedish crowns, or nearly $1 million.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"This year's Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women's earnings and labour market participation through the centuries," the prize-giving body said in a statement. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Her research reveals the causes of change, as well as the main sources of the remaining gender gap."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The award for economics is the final instalment of this year's crop of Nobels that have seen prizes go to COVID-19 vaccine discoveries, atomic snapshots and "quantum dots" as well as to a Norwegian dramatist and an Iranian activist.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin, who in 1990 became the first woman to be tenured at Harvard's economics department, is only the third woman to win the Nobel economics prize, and the first to win it by herself rather than sharing it. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She hailed the decision as "an award for big ideas and for long-term change."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"There are still large differences between women and men in terms of what they do, how they're remunerated and so on," Goldin told Reuters at her home in Cambridge, Massachusetts. "And the question is, why is this the case? And that's what the work is about."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin's 1990 book "Understanding the Gender Gap: An Economic History of American Women" was a hugely influential examination of the roots of wage inequality over 200 years of history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She has followed up with studies on the impact of the contraceptive pill on women's career and marriage decisions, women's surnames after marriage as a social indicator and the reasons why women are now the majority of undergraduates.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She said at a press conference at Harvard that women had throughout history often been "hidden from view and uncompensated" for doing the same labour that men were paid for.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They have over time left that arena of home or family farm or family business and moved to the broader arena of market production," she said. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They've become workers, they've begun earning a living for themselves and for their families. Their lives have greatly changed, but the labour market and the policies of governments are often slower to respond."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Randi Hjalmarsson, a member of the Economic Prize committee, said Goldin's discoveries "have vast societal implications." </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Hjalmarsson quoted Goldin's own words: "By finally understanding the problem and calling it by the right name, we will be able to pave a better route forward." (Agencies) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18945', 'image' => '20231010060242_collage (4).jpg', 'article_date' => '2023-10-10 06:00:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19216', 'article_category_id' => '1', 'title' => '‘Government’s Wrong Policies in the Real Estate Sector Put the Entire Economy in Crisis’', 'sub_title' => '', 'summary' => 'October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing. The businessmen said this while speaking at the 'Real Estate Entrepreneurs’ Gathering-2080' organized by the Nepal Real Estate and Housing Development Federation in Kathmandu.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Speaking at the meeting, Nepal Chamber of Commerce President Rajendra Malla said that all stakeholders should join hands to convert the real estate business into an industry and Nepal Chamber of Commerce will fully support this initiative.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the businessmen are currently in as state of panic because of the flawed lens with which the government has been viewing this sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kush Kumar Joshi, the former president of the Federation of Nepalese Chamber of Commerce and Industry said that there is no respect for businessmen and that businessmen viewed as profit-making individuals. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that peaceful demonstration to ensure the rights of businessmen alone is not enough. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">'In a country built on movement, nothing will be heard without movement. I do not know which part of the state the businessmen belong to. Where is the taxpayers’ right? Did we lag behind because we did not hit the streets like the teachers did recently?,' he questioned.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Joshi said that the policy that keeps changing from time to time cannot work reliably, and he said that a long-term policy should be introduced. "It should be clear who will pay for the damage caused by this changing policy," said Joshi. He said that the current problem in Nepal's economy is not because of foreign wars but because of the frequent change of governments.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Adviser of Nepal Land and Housing Development Federation, Ichha Bahadur Wagle said that banks and financial sector have gone too far by increasing interest rates. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks give 12 percent interest to those who do nothing but eat and sleep,” said Wagle, adding sarcastically that those who toil hard have to pay a 16 percent interest rate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, said that it is necessary to increase the confidence of consumers to bring the economy on the right track. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the government and the private sector should work together to create a situation to increase the demand in the market. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The district coordinators and presidents of the federation who came from all over the country criticized the current governor as the main culprit for the current situation. They said that the leadership should take the initiative, saying that they are ready even if they have to start a street protest. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The president of the federation, Bhesraj Lohani, said that there is still a lot to be done about land pooling, and he said that he would move forward after taking everyone's suggestions into account. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18944', 'image' => '20231009051620_Real estate.jpg', 'article_date' => '2023-10-09 17:15:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19215', 'article_category_id' => '1', 'title' => 'NEPSE Index Continues Its Downward Trend; Turnover Amount Shrinks', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors and stock analysts point to Nepal Rastra Bank's strict stock market policies and the festive season as the reasons behind NEPSE's ongoing downward trend.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Experts emphasize that the market won't rebound until NRB revises its policies, specifically by removing the upper cap on margin lending and adjusting the risk weightage ratio from 150 to 100.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor stated, “The stock market needs a policy shift to regain momentum.” </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 287 different stocks were traded in the NEPSE. Likewise, 4,327,179 units of shares exchanged their hands through 48,444 transactions, amounting to Rs 1.17 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nabil Bank Limited (NABIL) had the highest turnover, reaching Rs. 3.51 crores, and closed at a market price of Rs. 571.80.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Sayapatri Hydropower Limited (SPHL) posted the highest gain of 6.88%, followed by Three Star Hydropower Limited (TSHL) with a gain of 4.46%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Barahi Hydropower Public Limited (BHPL) and Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) hit the negative circuit today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices except Manufacturing and Processing and Trading Index closed in the red territory.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> "Trading Index" gained the highest 0.29% while "Life Insurance Index" lost the highest 1% today. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index experienced a loss of 0.77%, while Float Index and Sensitive Float Index dropped by 0.70% and 0.92% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18943', 'image' => '20231009044029_collage (17).jpg', 'article_date' => '2023-10-09 16:36:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19214', 'article_category_id' => '1', 'title' => 'EU Prioritizes Green Recovery, Human Capital and Federalism for Nepal: EU Ambassador Lorenzo', 'sub_title' => '', 'summary' => 'October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. The newly appointed ambassador made such remarks during an interaction program with Nepali journalists at the EU delegation Office in Lazimpat on Monday. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have three priorities on our agenda for Nepal. The first one is green recovery investment in clean energy. The second priority is human capital, and we have been investing in education for the last 30 years. There are good results but there is a lot to achieve in terms of the quality of education. We are working on access, inclusion and also on bigger agendas. The third one is governance, essentially to assist in the implementation of the federalism," said Lorenzo. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, she shared that her priority is to reach out to the widest audience possible in Nepal.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“Young people understand better what the priorities are and what the problems are,” the EU envoy added.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The coming year marks the 50th anniversary between Nepal and the European Union, and Lorenzo shared that she wants to make it grand by organizing several events. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have 50 years of EU-Nepal relations coming next year and we would like to make it a grand celebration and have several events in different areas. The intention behind this is to reach out to the widest audience because often people don't understand the EU, why it was formed and why it is there. So it is a wonderful political project to achieve which we think needs to be shared with the widest audience," she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also took time to condemn the attack on Israel as a “terrible attack”. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also pledged to continue supporting Nepal when it graduated to a middle-income country. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Regarding the EU’s restriction on Nepali airlines for more than 10 years, Lorenzo shared that there has been progress in Nepal’s aviation sector and are awaiting a report from EU’s assessment mission before the ban can be lifted. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Lorenzo, the assessment mission was held from September 11 to 15. It was a technical mission led by the European Commission with the participation of EASA and experts from member states. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“They conducted their assessment and are in the process of writing a report. This report will go to the Air Safety Committee of EU. The committee will review the report and decide if Nepal can be removed from the air safety concern list. The air safety committee will meet on November 14 -16th and make its decision public,” she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18942', 'image' => '20231009042159_image (1).jpg', 'article_date' => '2023-10-09 16:21:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19213', 'article_category_id' => '1', 'title' => 'Government Decides to Keep Plane on Stand-by to Bring Bodies of Nepalis Killed in Israel ', 'sub_title' => '', 'summary' => 'October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A meeting of the Coordination Mechanism headed by Minister for Foreign Affairs NP Saud took a decision to this effect on Monday. The government on Sunday formed the Mechanism to take the required decision in the aftermath of the ongoing conflict in Israel and the Nepali nationals affected due to this. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting also decided to find out a way to relocate the Nepali citizens in Israel to safe areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mechanism is tasked with figuring out the condition of Nepali citizens, taking the required decision in case rescue has to be carried out, establishing coordination and providing assistance etc after carrying out regular monitoring and overall assessment of the situation in Israel. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal’s Embassy in Israel, at least ten Nepali students have been killed in Israel following a terrorist attack by Hamas militants on Saturday. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18941', 'image' => '20231009025226_naccccc.jpg', 'article_date' => '2023-10-09 14:51:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19212', 'article_category_id' => '1', 'title' => 'Thamel's Tourism Business Bounces Back ', 'sub_title' => '', 'summary' => 'October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The entrepreneurs had come across financial trouble with a sharp fall in the inflow of tourists in the wake of the devastating Gorkha earthquake, trade embargo and coronavirus pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A new hope is simmering among the entrepreneurs due to the gradual rise in the arrival of tourists with the onset of tourism season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The influx of foreign tourists has increased in Thamel of late, said Thamel-based restaurant operator Bhagawan Thapa, who has been offering Thakali cuisine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Earlier, hardly 10-15 domestic and foreign guests used to visit my restaurant daily. But the number has increased to 45-50 per day this month and most of them are foreigners," he shared. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Kiran Dev Ghimire, who has been operating a stationery shop in Thamel for the past one-and-a-half decades, said that the inflow of foreign tourists has increased in Thamel lately. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, tourists have been facing trouble in lack of proper maintenance of dilapidated roads in Thamel, he mentioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fancy cloth operator Sitaram Regmi commented that business volume has not increased in Thamel despite the rise in tourism activities. "Fancy business transactions have dropped in Thamel this year compared to last year," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hotel business has a different story in Thamel. The occupancy in Thamel-based hotels has increased with rising flow of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Phuyal, operator of Thamel-based four-star hotel Ramada Encore, said hotel rooms have been booked for the autumn season since a month before. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sahadev Dhamala, proprietor of a hotel in Thamel, however said tourism business in Thamel has not been as anticipated due to short-term stay of tourists of late. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhamala, who is also the vice-chairperson of Thamel Tourism Development Council, said the Council has been holding discussions with different agencies on the measures to prolong the stay of foreign tourists in Thamel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal Tourism Board, a total of 692,372 tourists have entered Nepal via air routes in the first nine months of the year 2023. Among them, 91,012 tourists arrived in Nepal in the month of September alone. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18940', 'image' => '20231009013120_20151124040023_tourism.jpg', 'article_date' => '2023-10-09 13:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19211', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Focused on Veicle and Property Insurance', 'sub_title' => '', 'summary' => 'October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance. According to the Nepal Insurance Authority, 80 percent of the insurance policies issued in the first two months of the current fiscal year (FY 2023/24) involve vehicle insurance and property insurance. Experts in this field say that vehicle and property insurances are compulsory as compared to other insurances.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 409,080 insurance policies have been issued in two months of the current fiscal year. Among them, 79.44 percent of the insurance policies are related to vehicle insurance and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In mid-July to mid-September, insurance companies have issued a total of 233,860 (57 percent) vehicle insurance and 91,101 (22 percent) property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest is the air insurance policy issued in the review period. During this period, 18 insurance policies of air insurance were issued.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 76 percent of the 445,371 insurance policies issued during the corresponding period of last fiscal year were vehicle and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first two months of the current fiscal year, non-life insurance companies have collected a total of Rs 7.80 billion through insurance premium including 28.06 percent (Rs 1. 98 billion) collected from vehicle insurance and 26.76 percent (Rs 1.89 billion) from property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Former Chairman of Nepal Insurance Authority Chiranjeevi Chapagain says that since vehicle and property insurance are compulsory, the issuance of insurance policies is higher in these two segments than other types of insurances. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Vehicle and property insurance is mandatory in Nepal. The Transporttion Act itself has mentioned that vehicle insurance should be made compulsory," he said, adding, "Similarly, the central bank has also made property insurance compulsory when taking a loan from banks."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chapagain says that instead of making insurance mandatory, it should be encouraged to do so spontaneously. "In order to encourage insurance spontaneously, it is necessary for companies to increase credibility by paying claims on time," says Chapagain.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18939', 'image' => '20231009121727_1696824685.1620254944.nlf.jpg', 'article_date' => '2023-10-09 12:16:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19210', 'article_category_id' => '1', 'title' => 'NRB to Issue New Notes from Next Monday', 'sub_title' => '', 'summary' => 'October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Issuing a notification on Sunday, the central bank said that its Currency Management Department as well as designated branches of commercial banks will issue the new notes. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the notification mentions that currency exchange facilities will be available in the regional offices of the central bank and the branches designated by the commercial banks outside the valley. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the past few years, commercial banks have also been issuing new notes apart from the central bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank will provide exchange facility up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">per person this year, in which one packet of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">will be available. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB, which did not issue new notes for two years due to the Covid-19 pandemic, started offering the facility before Dashain from last year.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18938', 'image' => '20231009112710_1696820897.1664663994.Clipboard16.jpg', 'article_date' => '2023-10-09 11:26:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19209', 'article_category_id' => '1', 'title' => 'Nepal's Embassy in Israel Confirms 10 Nepali Students Dead, One Missing in Hamas Attack ', 'sub_title' => '', 'summary' => 'October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy was holding discussion with the concerned Israeli officials for the management of the dead bodies, and coordinating with the Foreign Ministry here to bring the dead bodies back home. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Those killed in Hamas attacks have been identified as Narayan Prasad Neupane from Ghodaghodi-4, Kailali; Ganesh Kumar Nepali from Jayprithvi-6, Bajhang; Ashish Chaudhary from Bauniya-3, Kailali; Dipesh Raj Bista from Lekham-5, Darchula; Lokendra Singh Dhami from Mallikarjun-4, Darchula. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Anand Saha from Sapahi-6, Dhanusha; Rajesh Kumar Swarnakar from Madhuwan-1, Sunsari; Rajan Phulara from Panchali-3, Doti; Padma Thapa from Lamikhal-8, Doti; and Prabesh Bhandari from Sharada-3, Salyan were also killed in the terrorist attack in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy further informed that six Nepalis injured in the attacks were receiving treatment at different hospitals. Bipin Joshi from Bhimdatta Municipality-3, Kanchanpur has gone missing. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18937', 'image' => '20231009104726_XxjpbeE007115_20231008_PEPFN1A001.JPG', 'article_date' => '2023-10-09 10:46:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19208', 'article_category_id' => '1', 'title' => 'Rains Damage Rice Crops in Chitwan', 'sub_title' => '', 'summary' => 'Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan. According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In specific regions of eastern Chitwan and Bharatpur, where farmers had already cut their rice plants, the downpour further complicated matters by delaying the storage process. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The rice harvest season is scheduled to commence in most parts of Chitwan in about a week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Eastern Chitwan, known for its irrigation facilities, typically completes rice transplantation by the end of June. Unfortunately, Sunil Dawadi of Sharanpur in Bharatpur metropolis-16 shared that the heavy rains submerged the rice plants he had left to dry in the fields. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dawadi, visibly disheartened, mentioned that he had even hired workers from Rautahat and invested Rs 25,000 in labor costs for the rice transplantation. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Madhumaya Khanal from Sharanpur echoed the sentiment, explaining how the rains had damaged the rice plants that had already been cut during the harvest process. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Farmers in the region are deeply concerned about the adverse impact of the rain on their ready-for-harvest rice plants. The rice is cultivated across approximately 27,000 hectares of land in Chitwan. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18936', 'image' => '20231009060955_collage (2).jpg', 'article_date' => '2023-10-09 06:08:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '19207', 'article_category_id' => '1', 'title' => 'Record-Breaking China Brings Curtain Down on Biggest Asian Games', 'sub_title' => '', 'summary' => 'October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the 19th and biggest Asiad concluded at the 80,000-capacity Olympic stadium with China handing over the hosting rights to Japan for 2026 edition at a celebratory closing ceremony.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dancers holding lit-up props fanned out towards the audience in a performance evoking ocean waves while the words "love Asia" were projected on a big screen, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the closing ceremony, a spectator surnamed Xia told AFP that the Games made her feel "very moved and proud".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The Chinese team did great," she said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Taiwan's Gu Shiau-shuang won the final gold earlier in the day when she successfully defended her title in women's karate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But it was the hosts who dominated over much of the fortnight, their 201 golds beating the 199 they collected at Guangzhou 2010.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Their exploits across the 40 sports at the Games reinforced China's status as Asia's sporting superpower, topping the medals table at every Asian Games since 1982, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With about 12,000 athletes, this was the biggest Asian Games in history and had more competitors than the Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chinese swimmers Zhang Yufei and Qin Haiyang were named the Games MVPs and it was in the pool where the hosts were especially impressive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They won 28 swimming golds -- Zhang and Qin accounting for 11 of them -- to send a warning of what they can do in Paris.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan were a distant second in the final medals table with 52 golds, down from 75 at Jakarta in 2018, and South Korea third on 42.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">India's pinpoint archers and shooters helped propel the country to 107 medals, their best showing ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal, on the other hand, secured just two medals – one silver and a bronze. Despite the disappointing run, Nepal made some great achievements, including world records in cricket event under the games.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal’s national cricket team became the first men's team to score more than 300 runs in T20 international cricket as they rewrote the record books against part-timers Mongolia.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They made 314-3 in their 20 overs, beating the previous highest of 278-3 held by Afghanistan against Ireland in 2019.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla crashed the fastest T20 international century, off 34 balls, and ended up 137 not out off 50.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dipendra Singh Airee finished the innings in ridiculous fashion. He raced to his fifty off nine balls, another T20 world record, with eight sixes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes were also the most scored in a T20 innings.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Nepal’s silver medal haul in karate by Arika Gurung matched the country’s 25-year-old record held by taekwondo player Sabita Rajbhandari, who had secured silver in the 1998 Asian Games. It was also the first silver secured by Nepal in an individual event. In between, Nepal’s paragliding team had won a silver medal in a group event.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Nepal’s women’s kabaddi team also won bronze medal in its Asian Games debut in otherwise forgettable performance by Nepali players.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18935', 'image' => '20231008090730_069464-01-02.jpg', 'article_date' => '2023-10-08 21:06:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19206', 'article_category_id' => '1', 'title' => 'NEPSE Index Tumbles by 35.67 Points; Investors Wave Red Flag to NRB Circular', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 8: The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Today’s heavy fall reflects share investors’ dissatisfaction to the Nepal Rastra Bank’s circular to raise the cap of the margin lending from Rs 120 million to Rs 150 million for individuals and Rs 200 million for institutional investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">They had been demanding for the removal of the upper caps on the margin loan. However, the central bank had changed the upper caps by slightly increasing the limit.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Stock market experts and analysts, however, say that market has decreased due to various reasons. Prices of the many companies have come at the bottom level, suitable for investors to purchase. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 289 different stocks were traded in the NEPSE index. A total of 5,815,189 units of shares exchanged their hands, amounting to the total turnover of Rs 1.80 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">SHIVAM CEMENTS LTD (SHIVM) had the highest turnover, reaching Rs. 6.73 crores, and closed at a market price of Rs. 519.90.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Barahi Hydropower Public Limited (BHPL) witnessed the highest gain of 9.59%, followed by Siddhartha Investment Growth Scheme - 2 (SIGS2) with a gain of 9.40%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) and Garima Debenture, 2085 (GBBD85) experienced the highest loss of 10% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices closed in red territory. "Hydropower Index" lost the highest 2.72% while "Mutual Fund Index" lost the least 1.08% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index declined by 1.55%, while Float Index and Sensitive Float Index lost 1.83% and 1.68% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18934', 'image' => '20231008045601_collage (15).jpg', 'article_date' => '2023-10-08 16:54:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '19220', 'article_category_id' => '1', 'title' => 'Parliamentarians Demand Prompt Rescue of Nepalis Trapped in Israel ', 'sub_title' => '', 'summary' => 'October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They also demanded that the bodies of those killed in the recent attack by Hamas militants be brought home as early as possible while the injured and the stranded who wish to return back be airlifted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During the House meeting, Nepali Congress MP Arjun Narsingh KC drew the attention of the government to bring the dead bodies of 10 Nepalis who lost their lives in the attack and to provide treatment to the injured ones. He also called for the government to make public the details of the number of Nepalis in Israel and their condition. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, CPN (UML)'s Gokul Prasad Banskota urged the government for prompt rescue of the Nepalis in Israel waiting to be rescued. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">UML's Ishwar Bahadur Rijal also viewed that the government should immediately rescue those willing to come home from Israel and ensure medical facilities to the injured. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Other parliamentarians including Chitra Bahadur KC, Anjani Shrestha, Anisha Nepali, Abdul Khan, Amanlal Modi, Amar Bahadur Raymajhi, Amrit Lal Rajbanshi, Ishwari Gharti, Urmila Majhi, Kiran Kumar Shah and Geeta Basnet also demanded for a prompt rescue of the Nepalis in Israel. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18948', 'image' => '20231010111951_Parliament RSS 800.jpg', 'article_date' => '2023-10-10 11:18:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19218', 'article_category_id' => '1', 'title' => 'World Record-Holder Sherpa Missing in Avalanche ', 'sub_title' => '', 'summary' => 'October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">American national Gina Marie Rzucidlo is also missing along with Sherpa in the avalanche that occurred on Saturday in Shishapangma, one of the world's 14th tallest peaks, according to the Ministry of Culture, Tourism and Civil Aviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press release on Monday, the ministry said that whereabouts of both the climbers is still unknown. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the ministry informed that Karma Gyalzen Sherpa, Mitra Bahadur Tamang and Kami Rita Sherpa have been critically injured in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has been making necessary efforts to carry out a search for the missing ones while some of the climbers were rescued and are receiving treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The statement said that the ministry and the entire mountaineering sector is shocked from the news about the missing of the renowned world record keeper and climber Sherpa and the American climber. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the ministry, guide Mingmar Sherpa and US national Anna Gutu were found dead in the avalanche that occurred on the same day. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18947', 'image' => '20231010104941_sisa.jpg', 'article_date' => '2023-10-10 10:49:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19219', 'article_category_id' => '1', 'title' => 'Israeli Army Claims Re-control of Southern Communities ', 'sub_title' => '', 'summary' => 'October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The control over the communities adjacent to the Gaza Strip has been regained," IDF (Israel Defense Forces) Spokesman Daniel Hagari told reporters, adding but militants could still be in the area. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Hagari said that tanks and aircraft would secure breaches in the security fence between Israel and Gaza, which Hamas fighters tore down on Saturday as they stormed communities in southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israel has called for a large-scale mobilization of reserve forces, with more than 300,000 reserve soldiers reporting within hours, said Hagari. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On Saturday morning, Hamas militants broke through the fence from Gaza while militants in Gaza launched about 3,000 rockets at central and southern Israel. Israel responded with intensive airstrikes in Gaza. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israeli officials reported that at least 700 people were killed in Israel and more than 2,300 others injured. Militant groups in Gaza claimed that about 130 individuals were taken hostage during the attack. Meanwhile, the Palestinian Health Ministry in Gaza reported that at least 493 Palestinians were killed, including 78 minors. -- Xinhua/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18946', 'image' => '20231010111154_AP23281412627233.jpg', 'article_date' => '2023-10-10 11:11:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19217', 'article_category_id' => '1', 'title' => 'Claudia Goldin Wins Nobel Economics Prize for Work on Gender Gap', 'sub_title' => '', 'summary' => 'Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 10: Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year's crop of Nobel prizes and is worth 11 million Swedish crowns, or nearly $1 million.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"This year's Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women's earnings and labour market participation through the centuries," the prize-giving body said in a statement. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Her research reveals the causes of change, as well as the main sources of the remaining gender gap."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The award for economics is the final instalment of this year's crop of Nobels that have seen prizes go to COVID-19 vaccine discoveries, atomic snapshots and "quantum dots" as well as to a Norwegian dramatist and an Iranian activist.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin, who in 1990 became the first woman to be tenured at Harvard's economics department, is only the third woman to win the Nobel economics prize, and the first to win it by herself rather than sharing it. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She hailed the decision as "an award for big ideas and for long-term change."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"There are still large differences between women and men in terms of what they do, how they're remunerated and so on," Goldin told Reuters at her home in Cambridge, Massachusetts. "And the question is, why is this the case? And that's what the work is about."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin's 1990 book "Understanding the Gender Gap: An Economic History of American Women" was a hugely influential examination of the roots of wage inequality over 200 years of history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She has followed up with studies on the impact of the contraceptive pill on women's career and marriage decisions, women's surnames after marriage as a social indicator and the reasons why women are now the majority of undergraduates.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She said at a press conference at Harvard that women had throughout history often been "hidden from view and uncompensated" for doing the same labour that men were paid for.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They have over time left that arena of home or family farm or family business and moved to the broader arena of market production," she said. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They've become workers, they've begun earning a living for themselves and for their families. Their lives have greatly changed, but the labour market and the policies of governments are often slower to respond."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Randi Hjalmarsson, a member of the Economic Prize committee, said Goldin's discoveries "have vast societal implications." </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Hjalmarsson quoted Goldin's own words: "By finally understanding the problem and calling it by the right name, we will be able to pave a better route forward." (Agencies) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18945', 'image' => '20231010060242_collage (4).jpg', 'article_date' => '2023-10-10 06:00:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19216', 'article_category_id' => '1', 'title' => '‘Government’s Wrong Policies in the Real Estate Sector Put the Entire Economy in Crisis’', 'sub_title' => '', 'summary' => 'October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing. The businessmen said this while speaking at the 'Real Estate Entrepreneurs’ Gathering-2080' organized by the Nepal Real Estate and Housing Development Federation in Kathmandu.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Speaking at the meeting, Nepal Chamber of Commerce President Rajendra Malla said that all stakeholders should join hands to convert the real estate business into an industry and Nepal Chamber of Commerce will fully support this initiative.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the businessmen are currently in as state of panic because of the flawed lens with which the government has been viewing this sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kush Kumar Joshi, the former president of the Federation of Nepalese Chamber of Commerce and Industry said that there is no respect for businessmen and that businessmen viewed as profit-making individuals. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that peaceful demonstration to ensure the rights of businessmen alone is not enough. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">'In a country built on movement, nothing will be heard without movement. I do not know which part of the state the businessmen belong to. Where is the taxpayers’ right? Did we lag behind because we did not hit the streets like the teachers did recently?,' he questioned.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Joshi said that the policy that keeps changing from time to time cannot work reliably, and he said that a long-term policy should be introduced. "It should be clear who will pay for the damage caused by this changing policy," said Joshi. He said that the current problem in Nepal's economy is not because of foreign wars but because of the frequent change of governments.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Adviser of Nepal Land and Housing Development Federation, Ichha Bahadur Wagle said that banks and financial sector have gone too far by increasing interest rates. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks give 12 percent interest to those who do nothing but eat and sleep,” said Wagle, adding sarcastically that those who toil hard have to pay a 16 percent interest rate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, said that it is necessary to increase the confidence of consumers to bring the economy on the right track. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the government and the private sector should work together to create a situation to increase the demand in the market. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The district coordinators and presidents of the federation who came from all over the country criticized the current governor as the main culprit for the current situation. They said that the leadership should take the initiative, saying that they are ready even if they have to start a street protest. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The president of the federation, Bhesraj Lohani, said that there is still a lot to be done about land pooling, and he said that he would move forward after taking everyone's suggestions into account. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18944', 'image' => '20231009051620_Real estate.jpg', 'article_date' => '2023-10-09 17:15:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19215', 'article_category_id' => '1', 'title' => 'NEPSE Index Continues Its Downward Trend; Turnover Amount Shrinks', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors and stock analysts point to Nepal Rastra Bank's strict stock market policies and the festive season as the reasons behind NEPSE's ongoing downward trend.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Experts emphasize that the market won't rebound until NRB revises its policies, specifically by removing the upper cap on margin lending and adjusting the risk weightage ratio from 150 to 100.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor stated, “The stock market needs a policy shift to regain momentum.” </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 287 different stocks were traded in the NEPSE. Likewise, 4,327,179 units of shares exchanged their hands through 48,444 transactions, amounting to Rs 1.17 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nabil Bank Limited (NABIL) had the highest turnover, reaching Rs. 3.51 crores, and closed at a market price of Rs. 571.80.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Sayapatri Hydropower Limited (SPHL) posted the highest gain of 6.88%, followed by Three Star Hydropower Limited (TSHL) with a gain of 4.46%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Barahi Hydropower Public Limited (BHPL) and Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) hit the negative circuit today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices except Manufacturing and Processing and Trading Index closed in the red territory.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> "Trading Index" gained the highest 0.29% while "Life Insurance Index" lost the highest 1% today. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index experienced a loss of 0.77%, while Float Index and Sensitive Float Index dropped by 0.70% and 0.92% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18943', 'image' => '20231009044029_collage (17).jpg', 'article_date' => '2023-10-09 16:36:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19214', 'article_category_id' => '1', 'title' => 'EU Prioritizes Green Recovery, Human Capital and Federalism for Nepal: EU Ambassador Lorenzo', 'sub_title' => '', 'summary' => 'October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. The newly appointed ambassador made such remarks during an interaction program with Nepali journalists at the EU delegation Office in Lazimpat on Monday. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have three priorities on our agenda for Nepal. The first one is green recovery investment in clean energy. The second priority is human capital, and we have been investing in education for the last 30 years. There are good results but there is a lot to achieve in terms of the quality of education. We are working on access, inclusion and also on bigger agendas. The third one is governance, essentially to assist in the implementation of the federalism," said Lorenzo. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, she shared that her priority is to reach out to the widest audience possible in Nepal.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“Young people understand better what the priorities are and what the problems are,” the EU envoy added.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The coming year marks the 50th anniversary between Nepal and the European Union, and Lorenzo shared that she wants to make it grand by organizing several events. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have 50 years of EU-Nepal relations coming next year and we would like to make it a grand celebration and have several events in different areas. The intention behind this is to reach out to the widest audience because often people don't understand the EU, why it was formed and why it is there. So it is a wonderful political project to achieve which we think needs to be shared with the widest audience," she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also took time to condemn the attack on Israel as a “terrible attack”. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also pledged to continue supporting Nepal when it graduated to a middle-income country. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Regarding the EU’s restriction on Nepali airlines for more than 10 years, Lorenzo shared that there has been progress in Nepal’s aviation sector and are awaiting a report from EU’s assessment mission before the ban can be lifted. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Lorenzo, the assessment mission was held from September 11 to 15. It was a technical mission led by the European Commission with the participation of EASA and experts from member states. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“They conducted their assessment and are in the process of writing a report. This report will go to the Air Safety Committee of EU. The committee will review the report and decide if Nepal can be removed from the air safety concern list. The air safety committee will meet on November 14 -16th and make its decision public,” she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18942', 'image' => '20231009042159_image (1).jpg', 'article_date' => '2023-10-09 16:21:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19213', 'article_category_id' => '1', 'title' => 'Government Decides to Keep Plane on Stand-by to Bring Bodies of Nepalis Killed in Israel ', 'sub_title' => '', 'summary' => 'October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A meeting of the Coordination Mechanism headed by Minister for Foreign Affairs NP Saud took a decision to this effect on Monday. The government on Sunday formed the Mechanism to take the required decision in the aftermath of the ongoing conflict in Israel and the Nepali nationals affected due to this. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting also decided to find out a way to relocate the Nepali citizens in Israel to safe areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mechanism is tasked with figuring out the condition of Nepali citizens, taking the required decision in case rescue has to be carried out, establishing coordination and providing assistance etc after carrying out regular monitoring and overall assessment of the situation in Israel. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal’s Embassy in Israel, at least ten Nepali students have been killed in Israel following a terrorist attack by Hamas militants on Saturday. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18941', 'image' => '20231009025226_naccccc.jpg', 'article_date' => '2023-10-09 14:51:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19212', 'article_category_id' => '1', 'title' => 'Thamel's Tourism Business Bounces Back ', 'sub_title' => '', 'summary' => 'October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The entrepreneurs had come across financial trouble with a sharp fall in the inflow of tourists in the wake of the devastating Gorkha earthquake, trade embargo and coronavirus pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A new hope is simmering among the entrepreneurs due to the gradual rise in the arrival of tourists with the onset of tourism season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The influx of foreign tourists has increased in Thamel of late, said Thamel-based restaurant operator Bhagawan Thapa, who has been offering Thakali cuisine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Earlier, hardly 10-15 domestic and foreign guests used to visit my restaurant daily. But the number has increased to 45-50 per day this month and most of them are foreigners," he shared. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Kiran Dev Ghimire, who has been operating a stationery shop in Thamel for the past one-and-a-half decades, said that the inflow of foreign tourists has increased in Thamel lately. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, tourists have been facing trouble in lack of proper maintenance of dilapidated roads in Thamel, he mentioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fancy cloth operator Sitaram Regmi commented that business volume has not increased in Thamel despite the rise in tourism activities. "Fancy business transactions have dropped in Thamel this year compared to last year," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hotel business has a different story in Thamel. The occupancy in Thamel-based hotels has increased with rising flow of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Phuyal, operator of Thamel-based four-star hotel Ramada Encore, said hotel rooms have been booked for the autumn season since a month before. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sahadev Dhamala, proprietor of a hotel in Thamel, however said tourism business in Thamel has not been as anticipated due to short-term stay of tourists of late. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhamala, who is also the vice-chairperson of Thamel Tourism Development Council, said the Council has been holding discussions with different agencies on the measures to prolong the stay of foreign tourists in Thamel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal Tourism Board, a total of 692,372 tourists have entered Nepal via air routes in the first nine months of the year 2023. Among them, 91,012 tourists arrived in Nepal in the month of September alone. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18940', 'image' => '20231009013120_20151124040023_tourism.jpg', 'article_date' => '2023-10-09 13:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19211', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Focused on Veicle and Property Insurance', 'sub_title' => '', 'summary' => 'October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance. According to the Nepal Insurance Authority, 80 percent of the insurance policies issued in the first two months of the current fiscal year (FY 2023/24) involve vehicle insurance and property insurance. Experts in this field say that vehicle and property insurances are compulsory as compared to other insurances.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 409,080 insurance policies have been issued in two months of the current fiscal year. Among them, 79.44 percent of the insurance policies are related to vehicle insurance and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In mid-July to mid-September, insurance companies have issued a total of 233,860 (57 percent) vehicle insurance and 91,101 (22 percent) property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest is the air insurance policy issued in the review period. During this period, 18 insurance policies of air insurance were issued.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 76 percent of the 445,371 insurance policies issued during the corresponding period of last fiscal year were vehicle and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first two months of the current fiscal year, non-life insurance companies have collected a total of Rs 7.80 billion through insurance premium including 28.06 percent (Rs 1. 98 billion) collected from vehicle insurance and 26.76 percent (Rs 1.89 billion) from property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Former Chairman of Nepal Insurance Authority Chiranjeevi Chapagain says that since vehicle and property insurance are compulsory, the issuance of insurance policies is higher in these two segments than other types of insurances. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Vehicle and property insurance is mandatory in Nepal. The Transporttion Act itself has mentioned that vehicle insurance should be made compulsory," he said, adding, "Similarly, the central bank has also made property insurance compulsory when taking a loan from banks."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chapagain says that instead of making insurance mandatory, it should be encouraged to do so spontaneously. "In order to encourage insurance spontaneously, it is necessary for companies to increase credibility by paying claims on time," says Chapagain.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18939', 'image' => '20231009121727_1696824685.1620254944.nlf.jpg', 'article_date' => '2023-10-09 12:16:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19210', 'article_category_id' => '1', 'title' => 'NRB to Issue New Notes from Next Monday', 'sub_title' => '', 'summary' => 'October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Issuing a notification on Sunday, the central bank said that its Currency Management Department as well as designated branches of commercial banks will issue the new notes. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the notification mentions that currency exchange facilities will be available in the regional offices of the central bank and the branches designated by the commercial banks outside the valley. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the past few years, commercial banks have also been issuing new notes apart from the central bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank will provide exchange facility up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">per person this year, in which one packet of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">will be available. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB, which did not issue new notes for two years due to the Covid-19 pandemic, started offering the facility before Dashain from last year.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18938', 'image' => '20231009112710_1696820897.1664663994.Clipboard16.jpg', 'article_date' => '2023-10-09 11:26:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19209', 'article_category_id' => '1', 'title' => 'Nepal's Embassy in Israel Confirms 10 Nepali Students Dead, One Missing in Hamas Attack ', 'sub_title' => '', 'summary' => 'October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy was holding discussion with the concerned Israeli officials for the management of the dead bodies, and coordinating with the Foreign Ministry here to bring the dead bodies back home. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Those killed in Hamas attacks have been identified as Narayan Prasad Neupane from Ghodaghodi-4, Kailali; Ganesh Kumar Nepali from Jayprithvi-6, Bajhang; Ashish Chaudhary from Bauniya-3, Kailali; Dipesh Raj Bista from Lekham-5, Darchula; Lokendra Singh Dhami from Mallikarjun-4, Darchula. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Anand Saha from Sapahi-6, Dhanusha; Rajesh Kumar Swarnakar from Madhuwan-1, Sunsari; Rajan Phulara from Panchali-3, Doti; Padma Thapa from Lamikhal-8, Doti; and Prabesh Bhandari from Sharada-3, Salyan were also killed in the terrorist attack in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy further informed that six Nepalis injured in the attacks were receiving treatment at different hospitals. Bipin Joshi from Bhimdatta Municipality-3, Kanchanpur has gone missing. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18937', 'image' => '20231009104726_XxjpbeE007115_20231008_PEPFN1A001.JPG', 'article_date' => '2023-10-09 10:46:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19208', 'article_category_id' => '1', 'title' => 'Rains Damage Rice Crops in Chitwan', 'sub_title' => '', 'summary' => 'Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan. According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In specific regions of eastern Chitwan and Bharatpur, where farmers had already cut their rice plants, the downpour further complicated matters by delaying the storage process. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The rice harvest season is scheduled to commence in most parts of Chitwan in about a week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Eastern Chitwan, known for its irrigation facilities, typically completes rice transplantation by the end of June. Unfortunately, Sunil Dawadi of Sharanpur in Bharatpur metropolis-16 shared that the heavy rains submerged the rice plants he had left to dry in the fields. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dawadi, visibly disheartened, mentioned that he had even hired workers from Rautahat and invested Rs 25,000 in labor costs for the rice transplantation. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Madhumaya Khanal from Sharanpur echoed the sentiment, explaining how the rains had damaged the rice plants that had already been cut during the harvest process. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Farmers in the region are deeply concerned about the adverse impact of the rain on their ready-for-harvest rice plants. The rice is cultivated across approximately 27,000 hectares of land in Chitwan. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18936', 'image' => '20231009060955_collage (2).jpg', 'article_date' => '2023-10-09 06:08:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '19207', 'article_category_id' => '1', 'title' => 'Record-Breaking China Brings Curtain Down on Biggest Asian Games', 'sub_title' => '', 'summary' => 'October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the 19th and biggest Asiad concluded at the 80,000-capacity Olympic stadium with China handing over the hosting rights to Japan for 2026 edition at a celebratory closing ceremony.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dancers holding lit-up props fanned out towards the audience in a performance evoking ocean waves while the words "love Asia" were projected on a big screen, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the closing ceremony, a spectator surnamed Xia told AFP that the Games made her feel "very moved and proud".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The Chinese team did great," she said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Taiwan's Gu Shiau-shuang won the final gold earlier in the day when she successfully defended her title in women's karate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But it was the hosts who dominated over much of the fortnight, their 201 golds beating the 199 they collected at Guangzhou 2010.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Their exploits across the 40 sports at the Games reinforced China's status as Asia's sporting superpower, topping the medals table at every Asian Games since 1982, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With about 12,000 athletes, this was the biggest Asian Games in history and had more competitors than the Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chinese swimmers Zhang Yufei and Qin Haiyang were named the Games MVPs and it was in the pool where the hosts were especially impressive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They won 28 swimming golds -- Zhang and Qin accounting for 11 of them -- to send a warning of what they can do in Paris.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan were a distant second in the final medals table with 52 golds, down from 75 at Jakarta in 2018, and South Korea third on 42.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">India's pinpoint archers and shooters helped propel the country to 107 medals, their best showing ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal, on the other hand, secured just two medals – one silver and a bronze. Despite the disappointing run, Nepal made some great achievements, including world records in cricket event under the games.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal’s national cricket team became the first men's team to score more than 300 runs in T20 international cricket as they rewrote the record books against part-timers Mongolia.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They made 314-3 in their 20 overs, beating the previous highest of 278-3 held by Afghanistan against Ireland in 2019.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla crashed the fastest T20 international century, off 34 balls, and ended up 137 not out off 50.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dipendra Singh Airee finished the innings in ridiculous fashion. He raced to his fifty off nine balls, another T20 world record, with eight sixes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes were also the most scored in a T20 innings.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Nepal’s silver medal haul in karate by Arika Gurung matched the country’s 25-year-old record held by taekwondo player Sabita Rajbhandari, who had secured silver in the 1998 Asian Games. It was also the first silver secured by Nepal in an individual event. In between, Nepal’s paragliding team had won a silver medal in a group event.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Nepal’s women’s kabaddi team also won bronze medal in its Asian Games debut in otherwise forgettable performance by Nepali players.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18935', 'image' => '20231008090730_069464-01-02.jpg', 'article_date' => '2023-10-08 21:06:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19206', 'article_category_id' => '1', 'title' => 'NEPSE Index Tumbles by 35.67 Points; Investors Wave Red Flag to NRB Circular', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 8: The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Today’s heavy fall reflects share investors’ dissatisfaction to the Nepal Rastra Bank’s circular to raise the cap of the margin lending from Rs 120 million to Rs 150 million for individuals and Rs 200 million for institutional investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">They had been demanding for the removal of the upper caps on the margin loan. However, the central bank had changed the upper caps by slightly increasing the limit.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Stock market experts and analysts, however, say that market has decreased due to various reasons. Prices of the many companies have come at the bottom level, suitable for investors to purchase. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 289 different stocks were traded in the NEPSE index. A total of 5,815,189 units of shares exchanged their hands, amounting to the total turnover of Rs 1.80 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">SHIVAM CEMENTS LTD (SHIVM) had the highest turnover, reaching Rs. 6.73 crores, and closed at a market price of Rs. 519.90.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Barahi Hydropower Public Limited (BHPL) witnessed the highest gain of 9.59%, followed by Siddhartha Investment Growth Scheme - 2 (SIGS2) with a gain of 9.40%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) and Garima Debenture, 2085 (GBBD85) experienced the highest loss of 10% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices closed in red territory. "Hydropower Index" lost the highest 2.72% while "Mutual Fund Index" lost the least 1.08% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index declined by 1.55%, while Float Index and Sensitive Float Index lost 1.83% and 1.68% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18934', 'image' => '20231008045601_collage (15).jpg', 'article_date' => '2023-10-08 16:54:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They also demanded that the bodies of those killed in the recent attack by Hamas militants be brought home as early as possible while the injured and the stranded who wish to return back be airlifted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During the House meeting, Nepali Congress MP Arjun Narsingh KC drew the attention of the government to bring the dead bodies of 10 Nepalis who lost their lives in the attack and to provide treatment to the injured ones. He also called for the government to make public the details of the number of Nepalis in Israel and their condition. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, CPN (UML)'s Gokul Prasad Banskota urged the government for prompt rescue of the Nepalis in Israel waiting to be rescued. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">UML's Ishwar Bahadur Rijal also viewed that the government should immediately rescue those willing to come home from Israel and ensure medical facilities to the injured. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Other parliamentarians including Chitra Bahadur KC, Anjani Shrestha, Anisha Nepali, Abdul Khan, Amanlal Modi, Amar Bahadur Raymajhi, Amrit Lal Rajbanshi, Ishwari Gharti, Urmila Majhi, Kiran Kumar Shah and Geeta Basnet also demanded for a prompt rescue of the Nepalis in Israel. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18948', 'image' => '20231010111951_Parliament RSS 800.jpg', 'article_date' => '2023-10-10 11:18:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19218', 'article_category_id' => '1', 'title' => 'World Record-Holder Sherpa Missing in Avalanche ', 'sub_title' => '', 'summary' => 'October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">American national Gina Marie Rzucidlo is also missing along with Sherpa in the avalanche that occurred on Saturday in Shishapangma, one of the world's 14th tallest peaks, according to the Ministry of Culture, Tourism and Civil Aviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press release on Monday, the ministry said that whereabouts of both the climbers is still unknown. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the ministry informed that Karma Gyalzen Sherpa, Mitra Bahadur Tamang and Kami Rita Sherpa have been critically injured in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has been making necessary efforts to carry out a search for the missing ones while some of the climbers were rescued and are receiving treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The statement said that the ministry and the entire mountaineering sector is shocked from the news about the missing of the renowned world record keeper and climber Sherpa and the American climber. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the ministry, guide Mingmar Sherpa and US national Anna Gutu were found dead in the avalanche that occurred on the same day. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18947', 'image' => '20231010104941_sisa.jpg', 'article_date' => '2023-10-10 10:49:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19219', 'article_category_id' => '1', 'title' => 'Israeli Army Claims Re-control of Southern Communities ', 'sub_title' => '', 'summary' => 'October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The control over the communities adjacent to the Gaza Strip has been regained," IDF (Israel Defense Forces) Spokesman Daniel Hagari told reporters, adding but militants could still be in the area. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Hagari said that tanks and aircraft would secure breaches in the security fence between Israel and Gaza, which Hamas fighters tore down on Saturday as they stormed communities in southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israel has called for a large-scale mobilization of reserve forces, with more than 300,000 reserve soldiers reporting within hours, said Hagari. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On Saturday morning, Hamas militants broke through the fence from Gaza while militants in Gaza launched about 3,000 rockets at central and southern Israel. Israel responded with intensive airstrikes in Gaza. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israeli officials reported that at least 700 people were killed in Israel and more than 2,300 others injured. Militant groups in Gaza claimed that about 130 individuals were taken hostage during the attack. Meanwhile, the Palestinian Health Ministry in Gaza reported that at least 493 Palestinians were killed, including 78 minors. -- Xinhua/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18946', 'image' => '20231010111154_AP23281412627233.jpg', 'article_date' => '2023-10-10 11:11:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19217', 'article_category_id' => '1', 'title' => 'Claudia Goldin Wins Nobel Economics Prize for Work on Gender Gap', 'sub_title' => '', 'summary' => 'Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 10: Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year's crop of Nobel prizes and is worth 11 million Swedish crowns, or nearly $1 million.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"This year's Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women's earnings and labour market participation through the centuries," the prize-giving body said in a statement. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Her research reveals the causes of change, as well as the main sources of the remaining gender gap."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The award for economics is the final instalment of this year's crop of Nobels that have seen prizes go to COVID-19 vaccine discoveries, atomic snapshots and "quantum dots" as well as to a Norwegian dramatist and an Iranian activist.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin, who in 1990 became the first woman to be tenured at Harvard's economics department, is only the third woman to win the Nobel economics prize, and the first to win it by herself rather than sharing it. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She hailed the decision as "an award for big ideas and for long-term change."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"There are still large differences between women and men in terms of what they do, how they're remunerated and so on," Goldin told Reuters at her home in Cambridge, Massachusetts. "And the question is, why is this the case? And that's what the work is about."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin's 1990 book "Understanding the Gender Gap: An Economic History of American Women" was a hugely influential examination of the roots of wage inequality over 200 years of history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She has followed up with studies on the impact of the contraceptive pill on women's career and marriage decisions, women's surnames after marriage as a social indicator and the reasons why women are now the majority of undergraduates.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She said at a press conference at Harvard that women had throughout history often been "hidden from view and uncompensated" for doing the same labour that men were paid for.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They have over time left that arena of home or family farm or family business and moved to the broader arena of market production," she said. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They've become workers, they've begun earning a living for themselves and for their families. Their lives have greatly changed, but the labour market and the policies of governments are often slower to respond."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Randi Hjalmarsson, a member of the Economic Prize committee, said Goldin's discoveries "have vast societal implications." </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Hjalmarsson quoted Goldin's own words: "By finally understanding the problem and calling it by the right name, we will be able to pave a better route forward." (Agencies) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18945', 'image' => '20231010060242_collage (4).jpg', 'article_date' => '2023-10-10 06:00:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19216', 'article_category_id' => '1', 'title' => '‘Government’s Wrong Policies in the Real Estate Sector Put the Entire Economy in Crisis’', 'sub_title' => '', 'summary' => 'October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing. The businessmen said this while speaking at the 'Real Estate Entrepreneurs’ Gathering-2080' organized by the Nepal Real Estate and Housing Development Federation in Kathmandu.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Speaking at the meeting, Nepal Chamber of Commerce President Rajendra Malla said that all stakeholders should join hands to convert the real estate business into an industry and Nepal Chamber of Commerce will fully support this initiative.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the businessmen are currently in as state of panic because of the flawed lens with which the government has been viewing this sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kush Kumar Joshi, the former president of the Federation of Nepalese Chamber of Commerce and Industry said that there is no respect for businessmen and that businessmen viewed as profit-making individuals. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that peaceful demonstration to ensure the rights of businessmen alone is not enough. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">'In a country built on movement, nothing will be heard without movement. I do not know which part of the state the businessmen belong to. Where is the taxpayers’ right? Did we lag behind because we did not hit the streets like the teachers did recently?,' he questioned.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Joshi said that the policy that keeps changing from time to time cannot work reliably, and he said that a long-term policy should be introduced. "It should be clear who will pay for the damage caused by this changing policy," said Joshi. He said that the current problem in Nepal's economy is not because of foreign wars but because of the frequent change of governments.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Adviser of Nepal Land and Housing Development Federation, Ichha Bahadur Wagle said that banks and financial sector have gone too far by increasing interest rates. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks give 12 percent interest to those who do nothing but eat and sleep,” said Wagle, adding sarcastically that those who toil hard have to pay a 16 percent interest rate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, said that it is necessary to increase the confidence of consumers to bring the economy on the right track. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the government and the private sector should work together to create a situation to increase the demand in the market. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The district coordinators and presidents of the federation who came from all over the country criticized the current governor as the main culprit for the current situation. They said that the leadership should take the initiative, saying that they are ready even if they have to start a street protest. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The president of the federation, Bhesraj Lohani, said that there is still a lot to be done about land pooling, and he said that he would move forward after taking everyone's suggestions into account. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18944', 'image' => '20231009051620_Real estate.jpg', 'article_date' => '2023-10-09 17:15:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19215', 'article_category_id' => '1', 'title' => 'NEPSE Index Continues Its Downward Trend; Turnover Amount Shrinks', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors and stock analysts point to Nepal Rastra Bank's strict stock market policies and the festive season as the reasons behind NEPSE's ongoing downward trend.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Experts emphasize that the market won't rebound until NRB revises its policies, specifically by removing the upper cap on margin lending and adjusting the risk weightage ratio from 150 to 100.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor stated, “The stock market needs a policy shift to regain momentum.” </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 287 different stocks were traded in the NEPSE. Likewise, 4,327,179 units of shares exchanged their hands through 48,444 transactions, amounting to Rs 1.17 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nabil Bank Limited (NABIL) had the highest turnover, reaching Rs. 3.51 crores, and closed at a market price of Rs. 571.80.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Sayapatri Hydropower Limited (SPHL) posted the highest gain of 6.88%, followed by Three Star Hydropower Limited (TSHL) with a gain of 4.46%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Barahi Hydropower Public Limited (BHPL) and Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) hit the negative circuit today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices except Manufacturing and Processing and Trading Index closed in the red territory.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> "Trading Index" gained the highest 0.29% while "Life Insurance Index" lost the highest 1% today. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index experienced a loss of 0.77%, while Float Index and Sensitive Float Index dropped by 0.70% and 0.92% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18943', 'image' => '20231009044029_collage (17).jpg', 'article_date' => '2023-10-09 16:36:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19214', 'article_category_id' => '1', 'title' => 'EU Prioritizes Green Recovery, Human Capital and Federalism for Nepal: EU Ambassador Lorenzo', 'sub_title' => '', 'summary' => 'October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. The newly appointed ambassador made such remarks during an interaction program with Nepali journalists at the EU delegation Office in Lazimpat on Monday. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have three priorities on our agenda for Nepal. The first one is green recovery investment in clean energy. The second priority is human capital, and we have been investing in education for the last 30 years. There are good results but there is a lot to achieve in terms of the quality of education. We are working on access, inclusion and also on bigger agendas. The third one is governance, essentially to assist in the implementation of the federalism," said Lorenzo. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, she shared that her priority is to reach out to the widest audience possible in Nepal.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“Young people understand better what the priorities are and what the problems are,” the EU envoy added.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The coming year marks the 50th anniversary between Nepal and the European Union, and Lorenzo shared that she wants to make it grand by organizing several events. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have 50 years of EU-Nepal relations coming next year and we would like to make it a grand celebration and have several events in different areas. The intention behind this is to reach out to the widest audience because often people don't understand the EU, why it was formed and why it is there. So it is a wonderful political project to achieve which we think needs to be shared with the widest audience," she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also took time to condemn the attack on Israel as a “terrible attack”. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also pledged to continue supporting Nepal when it graduated to a middle-income country. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Regarding the EU’s restriction on Nepali airlines for more than 10 years, Lorenzo shared that there has been progress in Nepal’s aviation sector and are awaiting a report from EU’s assessment mission before the ban can be lifted. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Lorenzo, the assessment mission was held from September 11 to 15. It was a technical mission led by the European Commission with the participation of EASA and experts from member states. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“They conducted their assessment and are in the process of writing a report. This report will go to the Air Safety Committee of EU. The committee will review the report and decide if Nepal can be removed from the air safety concern list. The air safety committee will meet on November 14 -16th and make its decision public,” she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18942', 'image' => '20231009042159_image (1).jpg', 'article_date' => '2023-10-09 16:21:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19213', 'article_category_id' => '1', 'title' => 'Government Decides to Keep Plane on Stand-by to Bring Bodies of Nepalis Killed in Israel ', 'sub_title' => '', 'summary' => 'October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A meeting of the Coordination Mechanism headed by Minister for Foreign Affairs NP Saud took a decision to this effect on Monday. The government on Sunday formed the Mechanism to take the required decision in the aftermath of the ongoing conflict in Israel and the Nepali nationals affected due to this. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting also decided to find out a way to relocate the Nepali citizens in Israel to safe areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mechanism is tasked with figuring out the condition of Nepali citizens, taking the required decision in case rescue has to be carried out, establishing coordination and providing assistance etc after carrying out regular monitoring and overall assessment of the situation in Israel. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal’s Embassy in Israel, at least ten Nepali students have been killed in Israel following a terrorist attack by Hamas militants on Saturday. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18941', 'image' => '20231009025226_naccccc.jpg', 'article_date' => '2023-10-09 14:51:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19212', 'article_category_id' => '1', 'title' => 'Thamel's Tourism Business Bounces Back ', 'sub_title' => '', 'summary' => 'October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The entrepreneurs had come across financial trouble with a sharp fall in the inflow of tourists in the wake of the devastating Gorkha earthquake, trade embargo and coronavirus pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A new hope is simmering among the entrepreneurs due to the gradual rise in the arrival of tourists with the onset of tourism season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The influx of foreign tourists has increased in Thamel of late, said Thamel-based restaurant operator Bhagawan Thapa, who has been offering Thakali cuisine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Earlier, hardly 10-15 domestic and foreign guests used to visit my restaurant daily. But the number has increased to 45-50 per day this month and most of them are foreigners," he shared. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Kiran Dev Ghimire, who has been operating a stationery shop in Thamel for the past one-and-a-half decades, said that the inflow of foreign tourists has increased in Thamel lately. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, tourists have been facing trouble in lack of proper maintenance of dilapidated roads in Thamel, he mentioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fancy cloth operator Sitaram Regmi commented that business volume has not increased in Thamel despite the rise in tourism activities. "Fancy business transactions have dropped in Thamel this year compared to last year," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hotel business has a different story in Thamel. The occupancy in Thamel-based hotels has increased with rising flow of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Phuyal, operator of Thamel-based four-star hotel Ramada Encore, said hotel rooms have been booked for the autumn season since a month before. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sahadev Dhamala, proprietor of a hotel in Thamel, however said tourism business in Thamel has not been as anticipated due to short-term stay of tourists of late. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhamala, who is also the vice-chairperson of Thamel Tourism Development Council, said the Council has been holding discussions with different agencies on the measures to prolong the stay of foreign tourists in Thamel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal Tourism Board, a total of 692,372 tourists have entered Nepal via air routes in the first nine months of the year 2023. Among them, 91,012 tourists arrived in Nepal in the month of September alone. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18940', 'image' => '20231009013120_20151124040023_tourism.jpg', 'article_date' => '2023-10-09 13:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19211', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Focused on Veicle and Property Insurance', 'sub_title' => '', 'summary' => 'October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance. According to the Nepal Insurance Authority, 80 percent of the insurance policies issued in the first two months of the current fiscal year (FY 2023/24) involve vehicle insurance and property insurance. Experts in this field say that vehicle and property insurances are compulsory as compared to other insurances.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 409,080 insurance policies have been issued in two months of the current fiscal year. Among them, 79.44 percent of the insurance policies are related to vehicle insurance and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In mid-July to mid-September, insurance companies have issued a total of 233,860 (57 percent) vehicle insurance and 91,101 (22 percent) property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest is the air insurance policy issued in the review period. During this period, 18 insurance policies of air insurance were issued.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 76 percent of the 445,371 insurance policies issued during the corresponding period of last fiscal year were vehicle and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first two months of the current fiscal year, non-life insurance companies have collected a total of Rs 7.80 billion through insurance premium including 28.06 percent (Rs 1. 98 billion) collected from vehicle insurance and 26.76 percent (Rs 1.89 billion) from property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Former Chairman of Nepal Insurance Authority Chiranjeevi Chapagain says that since vehicle and property insurance are compulsory, the issuance of insurance policies is higher in these two segments than other types of insurances. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Vehicle and property insurance is mandatory in Nepal. The Transporttion Act itself has mentioned that vehicle insurance should be made compulsory," he said, adding, "Similarly, the central bank has also made property insurance compulsory when taking a loan from banks."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chapagain says that instead of making insurance mandatory, it should be encouraged to do so spontaneously. "In order to encourage insurance spontaneously, it is necessary for companies to increase credibility by paying claims on time," says Chapagain.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18939', 'image' => '20231009121727_1696824685.1620254944.nlf.jpg', 'article_date' => '2023-10-09 12:16:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19210', 'article_category_id' => '1', 'title' => 'NRB to Issue New Notes from Next Monday', 'sub_title' => '', 'summary' => 'October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Issuing a notification on Sunday, the central bank said that its Currency Management Department as well as designated branches of commercial banks will issue the new notes. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the notification mentions that currency exchange facilities will be available in the regional offices of the central bank and the branches designated by the commercial banks outside the valley. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the past few years, commercial banks have also been issuing new notes apart from the central bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank will provide exchange facility up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">per person this year, in which one packet of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">will be available. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB, which did not issue new notes for two years due to the Covid-19 pandemic, started offering the facility before Dashain from last year.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18938', 'image' => '20231009112710_1696820897.1664663994.Clipboard16.jpg', 'article_date' => '2023-10-09 11:26:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19209', 'article_category_id' => '1', 'title' => 'Nepal's Embassy in Israel Confirms 10 Nepali Students Dead, One Missing in Hamas Attack ', 'sub_title' => '', 'summary' => 'October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy was holding discussion with the concerned Israeli officials for the management of the dead bodies, and coordinating with the Foreign Ministry here to bring the dead bodies back home. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Those killed in Hamas attacks have been identified as Narayan Prasad Neupane from Ghodaghodi-4, Kailali; Ganesh Kumar Nepali from Jayprithvi-6, Bajhang; Ashish Chaudhary from Bauniya-3, Kailali; Dipesh Raj Bista from Lekham-5, Darchula; Lokendra Singh Dhami from Mallikarjun-4, Darchula. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Anand Saha from Sapahi-6, Dhanusha; Rajesh Kumar Swarnakar from Madhuwan-1, Sunsari; Rajan Phulara from Panchali-3, Doti; Padma Thapa from Lamikhal-8, Doti; and Prabesh Bhandari from Sharada-3, Salyan were also killed in the terrorist attack in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy further informed that six Nepalis injured in the attacks were receiving treatment at different hospitals. Bipin Joshi from Bhimdatta Municipality-3, Kanchanpur has gone missing. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18937', 'image' => '20231009104726_XxjpbeE007115_20231008_PEPFN1A001.JPG', 'article_date' => '2023-10-09 10:46:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19208', 'article_category_id' => '1', 'title' => 'Rains Damage Rice Crops in Chitwan', 'sub_title' => '', 'summary' => 'Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan. According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In specific regions of eastern Chitwan and Bharatpur, where farmers had already cut their rice plants, the downpour further complicated matters by delaying the storage process. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The rice harvest season is scheduled to commence in most parts of Chitwan in about a week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Eastern Chitwan, known for its irrigation facilities, typically completes rice transplantation by the end of June. Unfortunately, Sunil Dawadi of Sharanpur in Bharatpur metropolis-16 shared that the heavy rains submerged the rice plants he had left to dry in the fields. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dawadi, visibly disheartened, mentioned that he had even hired workers from Rautahat and invested Rs 25,000 in labor costs for the rice transplantation. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Madhumaya Khanal from Sharanpur echoed the sentiment, explaining how the rains had damaged the rice plants that had already been cut during the harvest process. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Farmers in the region are deeply concerned about the adverse impact of the rain on their ready-for-harvest rice plants. The rice is cultivated across approximately 27,000 hectares of land in Chitwan. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18936', 'image' => '20231009060955_collage (2).jpg', 'article_date' => '2023-10-09 06:08:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '19207', 'article_category_id' => '1', 'title' => 'Record-Breaking China Brings Curtain Down on Biggest Asian Games', 'sub_title' => '', 'summary' => 'October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the 19th and biggest Asiad concluded at the 80,000-capacity Olympic stadium with China handing over the hosting rights to Japan for 2026 edition at a celebratory closing ceremony.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dancers holding lit-up props fanned out towards the audience in a performance evoking ocean waves while the words "love Asia" were projected on a big screen, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the closing ceremony, a spectator surnamed Xia told AFP that the Games made her feel "very moved and proud".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The Chinese team did great," she said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Taiwan's Gu Shiau-shuang won the final gold earlier in the day when she successfully defended her title in women's karate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But it was the hosts who dominated over much of the fortnight, their 201 golds beating the 199 they collected at Guangzhou 2010.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Their exploits across the 40 sports at the Games reinforced China's status as Asia's sporting superpower, topping the medals table at every Asian Games since 1982, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With about 12,000 athletes, this was the biggest Asian Games in history and had more competitors than the Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chinese swimmers Zhang Yufei and Qin Haiyang were named the Games MVPs and it was in the pool where the hosts were especially impressive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They won 28 swimming golds -- Zhang and Qin accounting for 11 of them -- to send a warning of what they can do in Paris.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan were a distant second in the final medals table with 52 golds, down from 75 at Jakarta in 2018, and South Korea third on 42.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">India's pinpoint archers and shooters helped propel the country to 107 medals, their best showing ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal, on the other hand, secured just two medals – one silver and a bronze. Despite the disappointing run, Nepal made some great achievements, including world records in cricket event under the games.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal’s national cricket team became the first men's team to score more than 300 runs in T20 international cricket as they rewrote the record books against part-timers Mongolia.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They made 314-3 in their 20 overs, beating the previous highest of 278-3 held by Afghanistan against Ireland in 2019.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla crashed the fastest T20 international century, off 34 balls, and ended up 137 not out off 50.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dipendra Singh Airee finished the innings in ridiculous fashion. He raced to his fifty off nine balls, another T20 world record, with eight sixes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes were also the most scored in a T20 innings.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Nepal’s silver medal haul in karate by Arika Gurung matched the country’s 25-year-old record held by taekwondo player Sabita Rajbhandari, who had secured silver in the 1998 Asian Games. It was also the first silver secured by Nepal in an individual event. In between, Nepal’s paragliding team had won a silver medal in a group event.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Nepal’s women’s kabaddi team also won bronze medal in its Asian Games debut in otherwise forgettable performance by Nepali players.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18935', 'image' => '20231008090730_069464-01-02.jpg', 'article_date' => '2023-10-08 21:06:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19206', 'article_category_id' => '1', 'title' => 'NEPSE Index Tumbles by 35.67 Points; Investors Wave Red Flag to NRB Circular', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 8: The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Today’s heavy fall reflects share investors’ dissatisfaction to the Nepal Rastra Bank’s circular to raise the cap of the margin lending from Rs 120 million to Rs 150 million for individuals and Rs 200 million for institutional investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">They had been demanding for the removal of the upper caps on the margin loan. However, the central bank had changed the upper caps by slightly increasing the limit.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Stock market experts and analysts, however, say that market has decreased due to various reasons. Prices of the many companies have come at the bottom level, suitable for investors to purchase. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 289 different stocks were traded in the NEPSE index. A total of 5,815,189 units of shares exchanged their hands, amounting to the total turnover of Rs 1.80 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">SHIVAM CEMENTS LTD (SHIVM) had the highest turnover, reaching Rs. 6.73 crores, and closed at a market price of Rs. 519.90.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Barahi Hydropower Public Limited (BHPL) witnessed the highest gain of 9.59%, followed by Siddhartha Investment Growth Scheme - 2 (SIGS2) with a gain of 9.40%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) and Garima Debenture, 2085 (GBBD85) experienced the highest loss of 10% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices closed in red territory. "Hydropower Index" lost the highest 2.72% while "Mutual Fund Index" lost the least 1.08% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index declined by 1.55%, while Float Index and Sensitive Float Index lost 1.83% and 1.68% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18934', 'image' => '20231008045601_collage (15).jpg', 'article_date' => '2023-10-08 16:54:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: Parliamentarians in during Monday’s meeting of the House of Representatives (HoR) demanded for prompt rescue of the Nepalis trapped in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They also demanded that the bodies of those killed in the recent attack by Hamas militants be brought home as early as possible while the injured and the stranded who wish to return back be airlifted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During the House meeting, Nepali Congress MP Arjun Narsingh KC drew the attention of the government to bring the dead bodies of 10 Nepalis who lost their lives in the attack and to provide treatment to the injured ones. He also called for the government to make public the details of the number of Nepalis in Israel and their condition. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, CPN (UML)'s Gokul Prasad Banskota urged the government for prompt rescue of the Nepalis in Israel waiting to be rescued. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">UML's Ishwar Bahadur Rijal also viewed that the government should immediately rescue those willing to come home from Israel and ensure medical facilities to the injured. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Other parliamentarians including Chitra Bahadur KC, Anjani Shrestha, Anisha Nepali, Abdul Khan, Amanlal Modi, Amar Bahadur Raymajhi, Amrit Lal Rajbanshi, Ishwari Gharti, Urmila Majhi, Kiran Kumar Shah and Geeta Basnet also demanded for a prompt rescue of the Nepalis in Israel. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18948', 'image' => '20231010111951_Parliament RSS 800.jpg', 'article_date' => '2023-10-10 11:18:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19218', 'article_category_id' => '1', 'title' => 'World Record-Holder Sherpa Missing in Avalanche ', 'sub_title' => '', 'summary' => 'October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: World record-holder climber and mountain guide Tenzen Sherpa (Lama) has gone missing in an avalanche Mt Shishapangma (8,027 meters) of Tibet, China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">American national Gina Marie Rzucidlo is also missing along with Sherpa in the avalanche that occurred on Saturday in Shishapangma, one of the world's 14th tallest peaks, according to the Ministry of Culture, Tourism and Civil Aviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press release on Monday, the ministry said that whereabouts of both the climbers is still unknown. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the ministry informed that Karma Gyalzen Sherpa, Mitra Bahadur Tamang and Kami Rita Sherpa have been critically injured in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry has been making necessary efforts to carry out a search for the missing ones while some of the climbers were rescued and are receiving treatment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The statement said that the ministry and the entire mountaineering sector is shocked from the news about the missing of the renowned world record keeper and climber Sherpa and the American climber. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the ministry, guide Mingmar Sherpa and US national Anna Gutu were found dead in the avalanche that occurred on the same day. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18947', 'image' => '20231010104941_sisa.jpg', 'article_date' => '2023-10-10 10:49:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19219', 'article_category_id' => '1', 'title' => 'Israeli Army Claims Re-control of Southern Communities ', 'sub_title' => '', 'summary' => 'October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 10: The Israeli military has said that it had regained control of all Israeli towns near the Gaza border, in the third day of battles to repel Hamas militants from southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The control over the communities adjacent to the Gaza Strip has been regained," IDF (Israel Defense Forces) Spokesman Daniel Hagari told reporters, adding but militants could still be in the area. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Hagari said that tanks and aircraft would secure breaches in the security fence between Israel and Gaza, which Hamas fighters tore down on Saturday as they stormed communities in southern Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israel has called for a large-scale mobilization of reserve forces, with more than 300,000 reserve soldiers reporting within hours, said Hagari. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On Saturday morning, Hamas militants broke through the fence from Gaza while militants in Gaza launched about 3,000 rockets at central and southern Israel. Israel responded with intensive airstrikes in Gaza. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Israeli officials reported that at least 700 people were killed in Israel and more than 2,300 others injured. Militant groups in Gaza claimed that about 130 individuals were taken hostage during the attack. Meanwhile, the Palestinian Health Ministry in Gaza reported that at least 493 Palestinians were killed, including 78 minors. -- Xinhua/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18946', 'image' => '20231010111154_AP23281412627233.jpg', 'article_date' => '2023-10-10 11:11:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19217', 'article_category_id' => '1', 'title' => 'Claudia Goldin Wins Nobel Economics Prize for Work on Gender Gap', 'sub_title' => '', 'summary' => 'Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 10: Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality between men and women, the Royal Swedish Academy of Sciences said on Monday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year's crop of Nobel prizes and is worth 11 million Swedish crowns, or nearly $1 million.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"This year's Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women's earnings and labour market participation through the centuries," the prize-giving body said in a statement. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Her research reveals the causes of change, as well as the main sources of the remaining gender gap."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The award for economics is the final instalment of this year's crop of Nobels that have seen prizes go to COVID-19 vaccine discoveries, atomic snapshots and "quantum dots" as well as to a Norwegian dramatist and an Iranian activist.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin, who in 1990 became the first woman to be tenured at Harvard's economics department, is only the third woman to win the Nobel economics prize, and the first to win it by herself rather than sharing it. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She hailed the decision as "an award for big ideas and for long-term change."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"There are still large differences between women and men in terms of what they do, how they're remunerated and so on," Goldin told Reuters at her home in Cambridge, Massachusetts. "And the question is, why is this the case? And that's what the work is about."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Goldin's 1990 book "Understanding the Gender Gap: An Economic History of American Women" was a hugely influential examination of the roots of wage inequality over 200 years of history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She has followed up with studies on the impact of the contraceptive pill on women's career and marriage decisions, women's surnames after marriage as a social indicator and the reasons why women are now the majority of undergraduates.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">She said at a press conference at Harvard that women had throughout history often been "hidden from view and uncompensated" for doing the same labour that men were paid for.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They have over time left that arena of home or family farm or family business and moved to the broader arena of market production," she said. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"They've become workers, they've begun earning a living for themselves and for their families. Their lives have greatly changed, but the labour market and the policies of governments are often slower to respond."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Randi Hjalmarsson, a member of the Economic Prize committee, said Goldin's discoveries "have vast societal implications." </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Hjalmarsson quoted Goldin's own words: "By finally understanding the problem and calling it by the right name, we will be able to pave a better route forward." (Agencies) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-10', 'modified' => '2023-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '18945', 'image' => '20231010060242_collage (4).jpg', 'article_date' => '2023-10-10 06:00:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19216', 'article_category_id' => '1', 'title' => '‘Government’s Wrong Policies in the Real Estate Sector Put the Entire Economy in Crisis’', 'sub_title' => '', 'summary' => 'October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The real estate entrepreneurs have said that the country's economy is in crisis due to the wrong policy taken by the government in the field of real estate and housing. The businessmen said this while speaking at the 'Real Estate Entrepreneurs’ Gathering-2080' organized by the Nepal Real Estate and Housing Development Federation in Kathmandu.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Speaking at the meeting, Nepal Chamber of Commerce President Rajendra Malla said that all stakeholders should join hands to convert the real estate business into an industry and Nepal Chamber of Commerce will fully support this initiative.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the businessmen are currently in as state of panic because of the flawed lens with which the government has been viewing this sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kush Kumar Joshi, the former president of the Federation of Nepalese Chamber of Commerce and Industry said that there is no respect for businessmen and that businessmen viewed as profit-making individuals. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that peaceful demonstration to ensure the rights of businessmen alone is not enough. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">'In a country built on movement, nothing will be heard without movement. I do not know which part of the state the businessmen belong to. Where is the taxpayers’ right? Did we lag behind because we did not hit the streets like the teachers did recently?,' he questioned.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Joshi said that the policy that keeps changing from time to time cannot work reliably, and he said that a long-term policy should be introduced. "It should be clear who will pay for the damage caused by this changing policy," said Joshi. He said that the current problem in Nepal's economy is not because of foreign wars but because of the frequent change of governments.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Adviser of Nepal Land and Housing Development Federation, Ichha Bahadur Wagle said that banks and financial sector have gone too far by increasing interest rates. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks give 12 percent interest to those who do nothing but eat and sleep,” said Wagle, adding sarcastically that those who toil hard have to pay a 16 percent interest rate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, said that it is necessary to increase the confidence of consumers to bring the economy on the right track. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He said that the government and the private sector should work together to create a situation to increase the demand in the market. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The district coordinators and presidents of the federation who came from all over the country criticized the current governor as the main culprit for the current situation. They said that the leadership should take the initiative, saying that they are ready even if they have to start a street protest. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The president of the federation, Bhesraj Lohani, said that there is still a lot to be done about land pooling, and he said that he would move forward after taking everyone's suggestions into account. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18944', 'image' => '20231009051620_Real estate.jpg', 'article_date' => '2023-10-09 17:15:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19215', 'article_category_id' => '1', 'title' => 'NEPSE Index Continues Its Downward Trend; Turnover Amount Shrinks', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: The Nepal Stock Exchange(NEPSE) Index lost 12.58 points or 0.65% and closed at 1908.66 points on the second trading day of the week, Monday. The Index lost 35.67 points yesterday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors and stock analysts point to Nepal Rastra Bank's strict stock market policies and the festive season as the reasons behind NEPSE's ongoing downward trend.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Experts emphasize that the market won't rebound until NRB revises its policies, specifically by removing the upper cap on margin lending and adjusting the risk weightage ratio from 150 to 100.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor stated, “The stock market needs a policy shift to regain momentum.” </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 287 different stocks were traded in the NEPSE. Likewise, 4,327,179 units of shares exchanged their hands through 48,444 transactions, amounting to Rs 1.17 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nabil Bank Limited (NABIL) had the highest turnover, reaching Rs. 3.51 crores, and closed at a market price of Rs. 571.80.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Sayapatri Hydropower Limited (SPHL) posted the highest gain of 6.88%, followed by Three Star Hydropower Limited (TSHL) with a gain of 4.46%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Barahi Hydropower Public Limited (BHPL) and Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) hit the negative circuit today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices except Manufacturing and Processing and Trading Index closed in the red territory.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> "Trading Index" gained the highest 0.29% while "Life Insurance Index" lost the highest 1% today. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index experienced a loss of 0.77%, while Float Index and Sensitive Float Index dropped by 0.70% and 0.92% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18943', 'image' => '20231009044029_collage (17).jpg', 'article_date' => '2023-10-09 16:36:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19214', 'article_category_id' => '1', 'title' => 'EU Prioritizes Green Recovery, Human Capital and Federalism for Nepal: EU Ambassador Lorenzo', 'sub_title' => '', 'summary' => 'October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">October 9: Newly-appointed European Union Ambassador to Nepal, Véronique Lorenzo, shared that green recovery, human capital and federalism are the three main agendas of the EU for Nepal. The newly appointed ambassador made such remarks during an interaction program with Nepali journalists at the EU delegation Office in Lazimpat on Monday. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have three priorities on our agenda for Nepal. The first one is green recovery investment in clean energy. The second priority is human capital, and we have been investing in education for the last 30 years. There are good results but there is a lot to achieve in terms of the quality of education. We are working on access, inclusion and also on bigger agendas. The third one is governance, essentially to assist in the implementation of the federalism," said Lorenzo. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, she shared that her priority is to reach out to the widest audience possible in Nepal.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“Young people understand better what the priorities are and what the problems are,” the EU envoy added.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The coming year marks the 50th anniversary between Nepal and the European Union, and Lorenzo shared that she wants to make it grand by organizing several events. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">"We have 50 years of EU-Nepal relations coming next year and we would like to make it a grand celebration and have several events in different areas. The intention behind this is to reach out to the widest audience because often people don't understand the EU, why it was formed and why it is there. So it is a wonderful political project to achieve which we think needs to be shared with the widest audience," she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also took time to condemn the attack on Israel as a “terrible attack”. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">She also pledged to continue supporting Nepal when it graduated to a middle-income country. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Regarding the EU’s restriction on Nepali airlines for more than 10 years, Lorenzo shared that there has been progress in Nepal’s aviation sector and are awaiting a report from EU’s assessment mission before the ban can be lifted. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Lorenzo, the assessment mission was held from September 11 to 15. It was a technical mission led by the European Commission with the participation of EASA and experts from member states. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">“They conducted their assessment and are in the process of writing a report. This report will go to the Air Safety Committee of EU. The committee will review the report and decide if Nepal can be removed from the air safety concern list. The air safety committee will meet on November 14 -16th and make its decision public,” she added. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18942', 'image' => '20231009042159_image (1).jpg', 'article_date' => '2023-10-09 16:21:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19213', 'article_category_id' => '1', 'title' => 'Government Decides to Keep Plane on Stand-by to Bring Bodies of Nepalis Killed in Israel ', 'sub_title' => '', 'summary' => 'October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: The government has decided to keep a plane on ready position and establish coordination with the Israeli side to bring back home the bodies of Nepali nationals killed in the ongoing conflict in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A meeting of the Coordination Mechanism headed by Minister for Foreign Affairs NP Saud took a decision to this effect on Monday. The government on Sunday formed the Mechanism to take the required decision in the aftermath of the ongoing conflict in Israel and the Nepali nationals affected due to this. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The meeting also decided to find out a way to relocate the Nepali citizens in Israel to safe areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mechanism is tasked with figuring out the condition of Nepali citizens, taking the required decision in case rescue has to be carried out, establishing coordination and providing assistance etc after carrying out regular monitoring and overall assessment of the situation in Israel. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal’s Embassy in Israel, at least ten Nepali students have been killed in Israel following a terrorist attack by Hamas militants on Saturday. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18941', 'image' => '20231009025226_naccccc.jpg', 'article_date' => '2023-10-09 14:51:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19212', 'article_category_id' => '1', 'title' => 'Thamel's Tourism Business Bounces Back ', 'sub_title' => '', 'summary' => 'October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Mobility of tourists has visibly increased in Thamel – the main tourism hub in the capital city – with the advent of autumn season. Tourism entrepreneurs are elated with the increase in arrival of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The entrepreneurs had come across financial trouble with a sharp fall in the inflow of tourists in the wake of the devastating Gorkha earthquake, trade embargo and coronavirus pandemic. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A new hope is simmering among the entrepreneurs due to the gradual rise in the arrival of tourists with the onset of tourism season. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The influx of foreign tourists has increased in Thamel of late, said Thamel-based restaurant operator Bhagawan Thapa, who has been offering Thakali cuisine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Earlier, hardly 10-15 domestic and foreign guests used to visit my restaurant daily. But the number has increased to 45-50 per day this month and most of them are foreigners," he shared. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Kiran Dev Ghimire, who has been operating a stationery shop in Thamel for the past one-and-a-half decades, said that the inflow of foreign tourists has increased in Thamel lately. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, tourists have been facing trouble in lack of proper maintenance of dilapidated roads in Thamel, he mentioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fancy cloth operator Sitaram Regmi commented that business volume has not increased in Thamel despite the rise in tourism activities. "Fancy business transactions have dropped in Thamel this year compared to last year," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hotel business has a different story in Thamel. The occupancy in Thamel-based hotels has increased with rising flow of tourists. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Phuyal, operator of Thamel-based four-star hotel Ramada Encore, said hotel rooms have been booked for the autumn season since a month before. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sahadev Dhamala, proprietor of a hotel in Thamel, however said tourism business in Thamel has not been as anticipated due to short-term stay of tourists of late. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhamala, who is also the vice-chairperson of Thamel Tourism Development Council, said the Council has been holding discussions with different agencies on the measures to prolong the stay of foreign tourists in Thamel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Nepal Tourism Board, a total of 692,372 tourists have entered Nepal via air routes in the first nine months of the year 2023. Among them, 91,012 tourists arrived in Nepal in the month of September alone. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18940', 'image' => '20231009013120_20151124040023_tourism.jpg', 'article_date' => '2023-10-09 13:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19211', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Focused on Veicle and Property Insurance', 'sub_title' => '', 'summary' => 'October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: The business of non-life insurance companies in Nepal is focused on vehicle insurance and property insurance. According to the Nepal Insurance Authority, 80 percent of the insurance policies issued in the first two months of the current fiscal year (FY 2023/24) involve vehicle insurance and property insurance. Experts in this field say that vehicle and property insurances are compulsory as compared to other insurances.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 409,080 insurance policies have been issued in two months of the current fiscal year. Among them, 79.44 percent of the insurance policies are related to vehicle insurance and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In mid-July to mid-September, insurance companies have issued a total of 233,860 (57 percent) vehicle insurance and 91,101 (22 percent) property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest is the air insurance policy issued in the review period. During this period, 18 insurance policies of air insurance were issued.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, 76 percent of the 445,371 insurance policies issued during the corresponding period of last fiscal year were vehicle and property insurance. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first two months of the current fiscal year, non-life insurance companies have collected a total of Rs 7.80 billion through insurance premium including 28.06 percent (Rs 1. 98 billion) collected from vehicle insurance and 26.76 percent (Rs 1.89 billion) from property insurance.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Former Chairman of Nepal Insurance Authority Chiranjeevi Chapagain says that since vehicle and property insurance are compulsory, the issuance of insurance policies is higher in these two segments than other types of insurances. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Vehicle and property insurance is mandatory in Nepal. The Transporttion Act itself has mentioned that vehicle insurance should be made compulsory," he said, adding, "Similarly, the central bank has also made property insurance compulsory when taking a loan from banks."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chapagain says that instead of making insurance mandatory, it should be encouraged to do so spontaneously. "In order to encourage insurance spontaneously, it is necessary for companies to increase credibility by paying claims on time," says Chapagain.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18939', 'image' => '20231009121727_1696824685.1620254944.nlf.jpg', 'article_date' => '2023-10-09 12:16:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19210', 'article_category_id' => '1', 'title' => 'NRB to Issue New Notes from Next Monday', 'sub_title' => '', 'summary' => 'October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">October 9: Nepal Rastra Bank is preparing to issue new currency notes from October 16, targeting festivals like Dashain and Tihar. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Issuing a notification on Sunday, the central bank said that its Currency Management Department as well as designated branches of commercial banks will issue the new notes. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the notification mentions that currency exchange facilities will be available in the regional offices of the central bank and the branches designated by the commercial banks outside the valley. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the past few years, commercial banks have also been issuing new notes apart from the central bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank will provide exchange facility up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">500 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">per person this year, in which one packet of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">50 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">will be available. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB, which did not issue new notes for two years due to the Covid-19 pandemic, started offering the facility before Dashain from last year.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18938', 'image' => '20231009112710_1696820897.1664663994.Clipboard16.jpg', 'article_date' => '2023-10-09 11:26:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19209', 'article_category_id' => '1', 'title' => 'Nepal's Embassy in Israel Confirms 10 Nepali Students Dead, One Missing in Hamas Attack ', 'sub_title' => '', 'summary' => 'October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">October 9: Nepal's embassy in Israel has confirmed that 10 Nepali students died in the terrorist attacks in various places of Israel while one has gone missing. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy was holding discussion with the concerned Israeli officials for the management of the dead bodies, and coordinating with the Foreign Ministry here to bring the dead bodies back home. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Those killed in Hamas attacks have been identified as Narayan Prasad Neupane from Ghodaghodi-4, Kailali; Ganesh Kumar Nepali from Jayprithvi-6, Bajhang; Ashish Chaudhary from Bauniya-3, Kailali; Dipesh Raj Bista from Lekham-5, Darchula; Lokendra Singh Dhami from Mallikarjun-4, Darchula. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Anand Saha from Sapahi-6, Dhanusha; Rajesh Kumar Swarnakar from Madhuwan-1, Sunsari; Rajan Phulara from Panchali-3, Doti; Padma Thapa from Lamikhal-8, Doti; and Prabesh Bhandari from Sharada-3, Salyan were also killed in the terrorist attack in Israel. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The embassy further informed that six Nepalis injured in the attacks were receiving treatment at different hospitals. Bipin Joshi from Bhimdatta Municipality-3, Kanchanpur has gone missing. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18937', 'image' => '20231009104726_XxjpbeE007115_20231008_PEPFN1A001.JPG', 'article_date' => '2023-10-09 10:46:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19208', 'article_category_id' => '1', 'title' => 'Rains Damage Rice Crops in Chitwan', 'sub_title' => '', 'summary' => 'Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan. According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 9: Recent heavy rainfall, attributed to a delayed monsoon, has wreaked havoc on rice crops in Chitwan.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> According to Umaraj Aryal, an officer at the Agriculture Knowledge Centre in Chitwan, approximately two percent of the rice crops in the district have suffered damage due to the untimely rains during the harvest period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In specific regions of eastern Chitwan and Bharatpur, where farmers had already cut their rice plants, the downpour further complicated matters by delaying the storage process. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The rice harvest season is scheduled to commence in most parts of Chitwan in about a week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Eastern Chitwan, known for its irrigation facilities, typically completes rice transplantation by the end of June. Unfortunately, Sunil Dawadi of Sharanpur in Bharatpur metropolis-16 shared that the heavy rains submerged the rice plants he had left to dry in the fields. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dawadi, visibly disheartened, mentioned that he had even hired workers from Rautahat and invested Rs 25,000 in labor costs for the rice transplantation. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Madhumaya Khanal from Sharanpur echoed the sentiment, explaining how the rains had damaged the rice plants that had already been cut during the harvest process. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Farmers in the region are deeply concerned about the adverse impact of the rain on their ready-for-harvest rice plants. The rice is cultivated across approximately 27,000 hectares of land in Chitwan. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-10-09', 'modified' => '2023-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '18936', 'image' => '20231009060955_collage (2).jpg', 'article_date' => '2023-10-09 06:08:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '19207', 'article_category_id' => '1', 'title' => 'Record-Breaking China Brings Curtain Down on Biggest Asian Games', 'sub_title' => '', 'summary' => 'October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">October 8: Hosts China racked up a record 201 gold medals before the curtain came down on two weeks of tears and triumphs at the Asian Games in Hangzhou on Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the 19th and biggest Asiad concluded at the 80,000-capacity Olympic stadium with China handing over the hosting rights to Japan for 2026 edition at a celebratory closing ceremony.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dancers holding lit-up props fanned out towards the audience in a performance evoking ocean waves while the words "love Asia" were projected on a big screen, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Speaking at the closing ceremony, a spectator surnamed Xia told AFP that the Games made her feel "very moved and proud".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The Chinese team did great," she said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Taiwan's Gu Shiau-shuang won the final gold earlier in the day when she successfully defended her title in women's karate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But it was the hosts who dominated over much of the fortnight, their 201 golds beating the 199 they collected at Guangzhou 2010.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Their exploits across the 40 sports at the Games reinforced China's status as Asia's sporting superpower, topping the medals table at every Asian Games since 1982, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With about 12,000 athletes, this was the biggest Asian Games in history and had more competitors than the Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Chinese swimmers Zhang Yufei and Qin Haiyang were named the Games MVPs and it was in the pool where the hosts were especially impressive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They won 28 swimming golds -- Zhang and Qin accounting for 11 of them -- to send a warning of what they can do in Paris.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan were a distant second in the final medals table with 52 golds, down from 75 at Jakarta in 2018, and South Korea third on 42.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">India's pinpoint archers and shooters helped propel the country to 107 medals, their best showing ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal, on the other hand, secured just two medals – one silver and a bronze. Despite the disappointing run, Nepal made some great achievements, including world records in cricket event under the games.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal’s national cricket team became the first men's team to score more than 300 runs in T20 international cricket as they rewrote the record books against part-timers Mongolia.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">They made 314-3 in their 20 overs, beating the previous highest of 278-3 held by Afghanistan against Ireland in 2019.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla crashed the fastest T20 international century, off 34 balls, and ended up 137 not out off 50.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dipendra Singh Airee finished the innings in ridiculous fashion. He raced to his fifty off nine balls, another T20 world record, with eight sixes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes were also the most scored in a T20 innings.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Nepal’s silver medal haul in karate by Arika Gurung matched the country’s 25-year-old record held by taekwondo player Sabita Rajbhandari, who had secured silver in the 1998 Asian Games. It was also the first silver secured by Nepal in an individual event. In between, Nepal’s paragliding team had won a silver medal in a group event.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, Nepal’s women’s kabaddi team also won bronze medal in its Asian Games debut in otherwise forgettable performance by Nepali players.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18935', 'image' => '20231008090730_069464-01-02.jpg', 'article_date' => '2023-10-08 21:06:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19206', 'article_category_id' => '1', 'title' => 'NEPSE Index Tumbles by 35.67 Points; Investors Wave Red Flag to NRB Circular', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">October 8: The Nepal Stock Exchange (NEPSE) Index lost 35.67 points or 1.82% and closed at 1921.24 points on the first trading day of the week, Sunday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Today’s heavy fall reflects share investors’ dissatisfaction to the Nepal Rastra Bank’s circular to raise the cap of the margin lending from Rs 120 million to Rs 150 million for individuals and Rs 200 million for institutional investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">They had been demanding for the removal of the upper caps on the margin loan. However, the central bank had changed the upper caps by slightly increasing the limit.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Stock market experts and analysts, however, say that market has decreased due to various reasons. Prices of the many companies have come at the bottom level, suitable for investors to purchase. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading, as many as 289 different stocks were traded in the NEPSE index. A total of 5,815,189 units of shares exchanged their hands, amounting to the total turnover of Rs 1.80 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">SHIVAM CEMENTS LTD (SHIVM) had the highest turnover, reaching Rs. 6.73 crores, and closed at a market price of Rs. 519.90.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Similarly, Barahi Hydropower Public Limited (BHPL) witnessed the highest gain of 9.59%, followed by Siddhartha Investment Growth Scheme - 2 (SIGS2) with a gain of 9.40%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the flip side, Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) and Garima Debenture, 2085 (GBBD85) experienced the highest loss of 10% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, all sector indices closed in red territory. "Hydropower Index" lost the highest 2.72% while "Mutual Fund Index" lost the least 1.08% today.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sensitive Index declined by 1.55%, while Float Index and Sensitive Float Index lost 1.83% and 1.68% respectively. </span></span></p> ', 'published' => true, 'created' => '2023-10-08', 'modified' => '2023-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '18934', 'image' => '20231008045601_collage (15).jpg', 'article_date' => '2023-10-08 16:54:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| 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)
| 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
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
