Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
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' => '5655',
			'article_category_id' => '1',
			'title' => 'Everest Bank Releases New Year Calendar',
			'sub_title' => '',
			'summary' => 'April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected ‘Thanka painting’ as the theme of the calendar. ',
			'content' => '<p style="text-align: justify;">April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected &lsquo;Thanka painting&rsquo; as the theme of the calendar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-09',
			'modified' => '2017-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5440',
			'image' => '20170409102853_everest.jpg',
			'article_date' => '2017-04-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5654',
			'article_category_id' => '1',
			'title' => 'Banks for Interest Rate as Per Demand and Supply',
			'sub_title' => '',
			'summary' => 'April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply. ',
			'content' => '<p style="text-align:justify">April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply.&nbsp;</p>

<p style="text-align:justify">The banks put forth this demand with the central bank after they were asked for suggestions regarding the provision on interest rate fixation and review through a Nepal Rastra Bank (NRB) concept paper on March 16.</p>

<p style="text-align:justify">The central bank has urged the banks to send suggestions while making public its own concept on only increasing interest rate twice a year in loans and informing debtors at least 45 days in advance if there is a need to increase the interest rate of loan of more than one year of loan period, and increasing interest rate of short period or that of renewable loans by informing a month earlier.</p>

<p style="text-align:justify">The NRB concept includes banks should inform the clients on various kinds of fees, annual and periodic interest rates as well as the method and basis of calculation of interest rate.</p>

<p style="text-align:justify">The banks&rsquo; suggestions were sent through the Nepal Bankers Association (NBA), said Association Vice Chairman and Nepal Bangladesh Bank Chief Executive Officer Gyanendra Dhungana. The association has 28 banks associated with it. Other suggestions by the Association are right to increase interest rate when desired saying that only 30 days&rsquo; notice was enough for increasing interest rates.</p>

<p style="text-align:justify">&nbsp;Likewise, the 55 development banks of the Development Bankers Association (DBA) have also suggested two month deadline for increasing or reducing interest rate as per the market status, said Association Chairman and Kailash Development Bank CEO Krishna Raj Lamichhane. He said they should not be forced to specify interest rate ceiling in an open economy.</p>

<p style="text-align:justify">Likewise, the 33 finance companies of &lsquo;C&rsquo; class have also agreed to the suggestions by the Nepal Bankers Association (NBA) and have not sent separate suggestions, said Finance Company Association Chairman and Goodwill Finance CEO Sarojkaji Tuladhar.</p>

<p style="text-align:justify">&nbsp;NRB has given seven-day deadline for suggestions and NRB Spokesman Narayan Prasad Paudel said the collected suggestions will be presented at the board meeting and decision on it will be made by the Board.</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5439',
			'image' => '20170407051453_interest rate 2.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5653',
			'article_category_id' => '1',
			'title' => 'Ncell Tops Data Revenue',
			'sub_title' => '',
			'summary' => 'April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According t',
			'content' => '<p style="text-align: justify;">April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According to a government research, due to high demand and use of internet, Ncell has earned the highest revenue.</p>

<p style="text-align: justify;">As per the telecommunication sector&rsquo;s report of FY 2072/73 issued by Nepal Telecommunication Authority (NTA), Ncell earned Rs 8.03 billion revenue through data services only. Whereas, Nepal Telecom, the state owned Telecommunication Company earned Rs 4.79 billion in the review period through its data services. The NTA report suggests that the revenue through data services has increased correspondingly with the increment of number of users every year.</p>

<p style="text-align: justify;">During the last year, the number of users of Ncell data services was 5.855 million. Similarly, there were 7.602 million users of various internet services of NT. At present, nearly 13.7 million customers are using internet through four dozen internet service provider companies of Nepal.</p>

<p style="text-align: justify;">As per the report, telecommunication service providers earn more revenue through voice call services than from data services. &nbsp;During the last FY, Ncell earned Rs 47.39 billion through voice call whereas NT earned Rs 34.87 billion through the voice call in review period. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5438',
			'image' => '20170407024356_ncell.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5652',
			'article_category_id' => '1',
			'title' => 'NCC Bids Farewell to Korean Ambassador',
			'sub_title' => '',
			'summary' => 'April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal.  Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship bet',
			'content' => '<p>April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal. &nbsp;Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship between Nepal and South Korea stressed on promoting business, tourism, agriculture and investment of both countries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5437',
			'image' => '20170407015709_ncc.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5651',
			'article_category_id' => '1',
			'title' => 'Coca-Cola ‘Pheri Uthne Chha Nepal 2’ in Pokhara',
			'sub_title' => '',
			'summary' => 'April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing ',
			'content' => '<p style="text-align: justify;">April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing education to deprived students and in infrastructure development of Manila Gaurishankar H.S.S, Lawang Ghalel and Bhumeshwor H.S.S, Salyan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5436',
			'image' => '20170407124558_cocacola.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5650',
			'article_category_id' => '1',
			'title' => 'Dev Bikas Bank to acquire Sajha Bikas',
			'sub_title' => '',
			'summary' => 'April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on Ap',
			'content' => '<p style="text-align: justify;">April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on April 6. Prof Dr Subarna Lal Bajracharya, Chairman of the bank and Fakir Singh Kadayat, Chairman of Sajha Bikas signed the agreement . &ldquo;The acquisition process is being forwarded in order to meet the required paid-up capital as per the NRB directive,&rdquo; said the bank in a press statement. Moreover, Dev Bikas has also signed an agreement with Union Finance regarding acquisition.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5435',
			'image' => '20170407123301_dev;sajha.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5649',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Open Golf from Saturday',
			'sub_title' => '',
			'summary' => 'April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. “The bank is organizing the golf tournament since the last three years with an objective of promoting the game,” said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to th',
			'content' => '<p style="text-align: justify;">April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. &ldquo;The bank is organizing the golf tournament since the last three years with an objective of promoting the game,&rdquo; said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to the bank, nearly 100 players including men, women, senior golfer and junior golfer will be participating the tournament.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5434',
			'image' => '20170407110249_ciz.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5648',
			'article_category_id' => '1',
			'title' => 'Everest Bank’s ATM Outlet at Jain Bhawan',
			'sub_title' => '',
			'summary' => 'April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, ',
			'content' => '<p style="text-align: justify;">April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, reads the press statement issued by the bank. Presently, the bank has been providing its services through 88 ATMs, 60 branches, six extension counters and 25 revenue collection centers.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5433',
			'image' => '20170407105105_everest.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5647',
			'article_category_id' => '1',
			'title' => 'Pegged Exchange Rate with IRS to be Reviewed',
			'sub_title' => '',
			'summary' => 'April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.',
			'content' => '<p style="text-align: justify;">April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.</p>

<p style="text-align: justify;">The preparation is being forwarded in a bid to attract huge foreign investments required to upgrade the country to Middle-income country by 2030.</p>

<p style="text-align: justify;">National Planning Commission (NPC) has already started study regarding the matter, informed an official at NPC.</p>

<p style="text-align: justify;">Nepal that has adopted pegged exchange rate system with India has maintained the rate fixed for the past 24 years at NPR 1.6 for INR 1.</p>

<p style="text-align: justify;">After the study conducted by the Nepal Rastra Bank (NRB) showed the need of review in the pegged exchange rate system with India, the government directed the NPC to further study regarding the matter.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The NRB study concluded that the foreign exchange rate system with India should be reviewed in order to be benefited from trade and investment from third countries,&rdquo; said Dr Min Bahadur Shrestha, vice-chairman of NPC.</p>

<p style="text-align: justify;">Due to long open border and dependent trade relations with India, the government had pegged its currency with Indian currency in order to maintain stability in price in internal market and for external trade.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The International Monetary Fund (IMF) as well as other multilateral donor agencies had also recommended the pegged foreign exchange system as an ideal tool of monetary policy for Nepal.</p>

<p style="text-align: justify;">The Consultative Mission of IMF that visited Nepal for inspection of economy and for consultation with stakeholders in January this year had also recommended continuing the pegged foreign exchange rate system with India. Nepali currency was pegged with Indian currency in 1992 at NRs 1.6 for IRs 1.</p>

<p style="text-align: justify;">The government has targeted to upgrade the nation to middle-income nation by 2030. &nbsp;Therefore, the government has prepared internally to change the exchange rate in order to attract big investments from countries other than India. For this, the government has to change the current policies to adopt free exchange rate system unpegged to Indian currency.</p>

<p style="text-align: justify;">The government now considers the two-decade old pegged foreign exchange rate with India a possible constraint in attracting Foreign Direct Investment (FDI).</p>

<p style="text-align: justify;">According to the NRB study also, the devaluation of Nepali rupee against US Dollar is mainly caused by pegged foreign exchange rate with India rather than the volume of export and import. A study by the South Asia Watch on Trade, Economics and Environment (SAWTEE) had also recommended change in the pegged exchange rate with Indian currency.</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5432',
			'image' => '20170406051132_photo.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5646',
			'article_category_id' => '1',
			'title' => 'Gorkha Eco Panel Starts Production',
			'sub_title' => '',
			'summary' => 'April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. “The UPVC doors and windows are soun',
			'content' => '<p style="text-align: justify;">April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. &ldquo;The UPVC doors and windows are sound proof, fire proof, water proof and insects and weather resistant,&rdquo; said Duwal.</p>

<p style="text-align: justify;">As per the company, the UPVC doors and windows are rust free and do not require additional maintenance. The company manufactures doors and windows from Germany imported automatic machine. The product comes with 15 years guarantee and two years hardware guarantee, said the company.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The new products that comes with &nbsp;casement, sliding and fixed doors and windows as in wooden doors and windows will be available in the size of 60, 88 and 109 series,&rdquo; informed Duwal. &nbsp;The company produces high quality UPVC profile and doors and windows by importing necessary raw materials and equipments from China.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5431',
			'image' => '20170406021756_gorkha.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5645',
			'article_category_id' => '1',
			'title' => 'CG ‘Banaun Aadarsha Nagrik’ Campaign Launched',
			'sub_title' => '',
			'summary' => 'April 6: CG Foods Nepal under Chaudhary Group has initiated ‘Banaun Aadarsha Nagrik’ campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.',
			'content' => '<p style="text-align: justify;">April 6: CG Foods Nepal under Chaudhary Group has initiated &lsquo;Banaun Aadarsha Nagrik&rsquo; campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.</p>

<p style="text-align: justify;">According to the company, the campaign has been initiated with an aim to alert the citizens on providing first aid and medical help to the casualties on road accidents. Mostly, the casualties of road accidents lose their life due to lack of immediate medical help and first-aid. CG will provide Rs 1,100 to the people who take casualties to the hospitals to provide immediate medical help, announced the company. The company expected that the campaign will motivate people to assist casualties with medical help without any hesitation.</p>

<p style="text-align: justify;">Moreover, the company will alert citizens to provide immediate medical help to the casualties through advertisements in televisions. For that, the company will collaborate with traffic police and Road Safety Committee, informed the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5430',
			'image' => '20170406012139_cg.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5644',
			'article_category_id' => '1',
			'title' => 'Janata Organises Rally on 7th Anniversary',
			'sub_title' => '',
			'summary' => 'April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7th anniversary by organizing various programs.  On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in t',
			'content' => '<p style="text-align: justify;">April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7<sup>th</sup> anniversary by organizing various programs.&nbsp; On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in the premises of the temple. Moreover, the bank organized a blood donation program in New Baneshwor, Kathmandu to mark its anniversary.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5429',
			'image' => '20170406111145_janata bank.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5643',
			'article_category_id' => '1',
			'title' => 'Green Devt Appoints Laxmi Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regard',
			'content' => '<p style="text-align: justify;">April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regarding the matter amid a program on April 5. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5428',
			'image' => '20170406105635_green.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5642',
			'article_category_id' => '1',
			'title' => 'Samsung Galaxy A7 in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4. ',
			'content' => '<p style="text-align: justify;">April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4.&nbsp;</p>

<p style="text-align: justify;">According to the company, the phone that comes with additional features, advance design and updated technology gives powerful performance. The company claims that the phone is equipped with a reliable protection to keep the phone safe from dust, water, sweat and sand.<br />
&nbsp;<br />
The Samsung Galaxy A7 that comes with a 5.70-inch touchscreen display is powered by 1.9GHz octa-core processor. &nbsp;The phone comes with 3GB of RAM and 32GB of internal storage that can be expanded up to 256GB via a microSD card.&nbsp;</p>

<p style="text-align: justify;">Similarly, the Samsung Galaxy A7 packs a 16 MP primary camera on the rear and a 16 MP front shooter for selfies. Moreover, the phone runs Android 6.0 and is powered by a 3600mAh battery. The phone has connectivity options of Wi-Fi, GPS, Bluetooth, NFC, USB OTG, FM, 3G and 4G.&nbsp;</p>

<p style="text-align: justify;">As per the company, the phone is available in sky black and gold sand. The phone has been priced Rs 54,900 in the Nepali market. Upon the purchase, 32GB micro SD card and mAh power worth Rs 10,400 will be provided free, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5427',
			'image' => '20170405012128_samsung.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5641',
			'article_category_id' => '1',
			'title' => 'Shah Elected Board Member of Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99th board of director (BOD)’s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks’ group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from develop',
			'content' => '<p style="text-align: justify;">April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99<sup>th</sup> board of director (BOD)&rsquo;s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks&rsquo; group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from development bank, finance company and smart choice technology.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5426',
			'image' => '20170405115736_anil.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
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

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 &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
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' => '5655',
			'article_category_id' => '1',
			'title' => 'Everest Bank Releases New Year Calendar',
			'sub_title' => '',
			'summary' => 'April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected ‘Thanka painting’ as the theme of the calendar. ',
			'content' => '<p style="text-align: justify;">April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected &lsquo;Thanka painting&rsquo; as the theme of the calendar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-09',
			'modified' => '2017-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5440',
			'image' => '20170409102853_everest.jpg',
			'article_date' => '2017-04-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5654',
			'article_category_id' => '1',
			'title' => 'Banks for Interest Rate as Per Demand and Supply',
			'sub_title' => '',
			'summary' => 'April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply. ',
			'content' => '<p style="text-align:justify">April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply.&nbsp;</p>

<p style="text-align:justify">The banks put forth this demand with the central bank after they were asked for suggestions regarding the provision on interest rate fixation and review through a Nepal Rastra Bank (NRB) concept paper on March 16.</p>

<p style="text-align:justify">The central bank has urged the banks to send suggestions while making public its own concept on only increasing interest rate twice a year in loans and informing debtors at least 45 days in advance if there is a need to increase the interest rate of loan of more than one year of loan period, and increasing interest rate of short period or that of renewable loans by informing a month earlier.</p>

<p style="text-align:justify">The NRB concept includes banks should inform the clients on various kinds of fees, annual and periodic interest rates as well as the method and basis of calculation of interest rate.</p>

<p style="text-align:justify">The banks&rsquo; suggestions were sent through the Nepal Bankers Association (NBA), said Association Vice Chairman and Nepal Bangladesh Bank Chief Executive Officer Gyanendra Dhungana. The association has 28 banks associated with it. Other suggestions by the Association are right to increase interest rate when desired saying that only 30 days&rsquo; notice was enough for increasing interest rates.</p>

<p style="text-align:justify">&nbsp;Likewise, the 55 development banks of the Development Bankers Association (DBA) have also suggested two month deadline for increasing or reducing interest rate as per the market status, said Association Chairman and Kailash Development Bank CEO Krishna Raj Lamichhane. He said they should not be forced to specify interest rate ceiling in an open economy.</p>

<p style="text-align:justify">Likewise, the 33 finance companies of &lsquo;C&rsquo; class have also agreed to the suggestions by the Nepal Bankers Association (NBA) and have not sent separate suggestions, said Finance Company Association Chairman and Goodwill Finance CEO Sarojkaji Tuladhar.</p>

<p style="text-align:justify">&nbsp;NRB has given seven-day deadline for suggestions and NRB Spokesman Narayan Prasad Paudel said the collected suggestions will be presented at the board meeting and decision on it will be made by the Board.</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5439',
			'image' => '20170407051453_interest rate 2.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5653',
			'article_category_id' => '1',
			'title' => 'Ncell Tops Data Revenue',
			'sub_title' => '',
			'summary' => 'April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According t',
			'content' => '<p style="text-align: justify;">April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According to a government research, due to high demand and use of internet, Ncell has earned the highest revenue.</p>

<p style="text-align: justify;">As per the telecommunication sector&rsquo;s report of FY 2072/73 issued by Nepal Telecommunication Authority (NTA), Ncell earned Rs 8.03 billion revenue through data services only. Whereas, Nepal Telecom, the state owned Telecommunication Company earned Rs 4.79 billion in the review period through its data services. The NTA report suggests that the revenue through data services has increased correspondingly with the increment of number of users every year.</p>

<p style="text-align: justify;">During the last year, the number of users of Ncell data services was 5.855 million. Similarly, there were 7.602 million users of various internet services of NT. At present, nearly 13.7 million customers are using internet through four dozen internet service provider companies of Nepal.</p>

<p style="text-align: justify;">As per the report, telecommunication service providers earn more revenue through voice call services than from data services. &nbsp;During the last FY, Ncell earned Rs 47.39 billion through voice call whereas NT earned Rs 34.87 billion through the voice call in review period. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5438',
			'image' => '20170407024356_ncell.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5652',
			'article_category_id' => '1',
			'title' => 'NCC Bids Farewell to Korean Ambassador',
			'sub_title' => '',
			'summary' => 'April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal.  Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship bet',
			'content' => '<p>April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal. &nbsp;Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship between Nepal and South Korea stressed on promoting business, tourism, agriculture and investment of both countries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5437',
			'image' => '20170407015709_ncc.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5651',
			'article_category_id' => '1',
			'title' => 'Coca-Cola ‘Pheri Uthne Chha Nepal 2’ in Pokhara',
			'sub_title' => '',
			'summary' => 'April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing ',
			'content' => '<p style="text-align: justify;">April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing education to deprived students and in infrastructure development of Manila Gaurishankar H.S.S, Lawang Ghalel and Bhumeshwor H.S.S, Salyan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5436',
			'image' => '20170407124558_cocacola.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5650',
			'article_category_id' => '1',
			'title' => 'Dev Bikas Bank to acquire Sajha Bikas',
			'sub_title' => '',
			'summary' => 'April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on Ap',
			'content' => '<p style="text-align: justify;">April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on April 6. Prof Dr Subarna Lal Bajracharya, Chairman of the bank and Fakir Singh Kadayat, Chairman of Sajha Bikas signed the agreement . &ldquo;The acquisition process is being forwarded in order to meet the required paid-up capital as per the NRB directive,&rdquo; said the bank in a press statement. Moreover, Dev Bikas has also signed an agreement with Union Finance regarding acquisition.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5435',
			'image' => '20170407123301_dev;sajha.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5649',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Open Golf from Saturday',
			'sub_title' => '',
			'summary' => 'April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. “The bank is organizing the golf tournament since the last three years with an objective of promoting the game,” said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to th',
			'content' => '<p style="text-align: justify;">April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. &ldquo;The bank is organizing the golf tournament since the last three years with an objective of promoting the game,&rdquo; said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to the bank, nearly 100 players including men, women, senior golfer and junior golfer will be participating the tournament.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5434',
			'image' => '20170407110249_ciz.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5648',
			'article_category_id' => '1',
			'title' => 'Everest Bank’s ATM Outlet at Jain Bhawan',
			'sub_title' => '',
			'summary' => 'April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, ',
			'content' => '<p style="text-align: justify;">April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, reads the press statement issued by the bank. Presently, the bank has been providing its services through 88 ATMs, 60 branches, six extension counters and 25 revenue collection centers.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5433',
			'image' => '20170407105105_everest.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5647',
			'article_category_id' => '1',
			'title' => 'Pegged Exchange Rate with IRS to be Reviewed',
			'sub_title' => '',
			'summary' => 'April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.',
			'content' => '<p style="text-align: justify;">April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.</p>

<p style="text-align: justify;">The preparation is being forwarded in a bid to attract huge foreign investments required to upgrade the country to Middle-income country by 2030.</p>

<p style="text-align: justify;">National Planning Commission (NPC) has already started study regarding the matter, informed an official at NPC.</p>

<p style="text-align: justify;">Nepal that has adopted pegged exchange rate system with India has maintained the rate fixed for the past 24 years at NPR 1.6 for INR 1.</p>

<p style="text-align: justify;">After the study conducted by the Nepal Rastra Bank (NRB) showed the need of review in the pegged exchange rate system with India, the government directed the NPC to further study regarding the matter.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The NRB study concluded that the foreign exchange rate system with India should be reviewed in order to be benefited from trade and investment from third countries,&rdquo; said Dr Min Bahadur Shrestha, vice-chairman of NPC.</p>

<p style="text-align: justify;">Due to long open border and dependent trade relations with India, the government had pegged its currency with Indian currency in order to maintain stability in price in internal market and for external trade.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The International Monetary Fund (IMF) as well as other multilateral donor agencies had also recommended the pegged foreign exchange system as an ideal tool of monetary policy for Nepal.</p>

<p style="text-align: justify;">The Consultative Mission of IMF that visited Nepal for inspection of economy and for consultation with stakeholders in January this year had also recommended continuing the pegged foreign exchange rate system with India. Nepali currency was pegged with Indian currency in 1992 at NRs 1.6 for IRs 1.</p>

<p style="text-align: justify;">The government has targeted to upgrade the nation to middle-income nation by 2030. &nbsp;Therefore, the government has prepared internally to change the exchange rate in order to attract big investments from countries other than India. For this, the government has to change the current policies to adopt free exchange rate system unpegged to Indian currency.</p>

<p style="text-align: justify;">The government now considers the two-decade old pegged foreign exchange rate with India a possible constraint in attracting Foreign Direct Investment (FDI).</p>

<p style="text-align: justify;">According to the NRB study also, the devaluation of Nepali rupee against US Dollar is mainly caused by pegged foreign exchange rate with India rather than the volume of export and import. A study by the South Asia Watch on Trade, Economics and Environment (SAWTEE) had also recommended change in the pegged exchange rate with Indian currency.</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5432',
			'image' => '20170406051132_photo.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5646',
			'article_category_id' => '1',
			'title' => 'Gorkha Eco Panel Starts Production',
			'sub_title' => '',
			'summary' => 'April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. “The UPVC doors and windows are soun',
			'content' => '<p style="text-align: justify;">April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. &ldquo;The UPVC doors and windows are sound proof, fire proof, water proof and insects and weather resistant,&rdquo; said Duwal.</p>

<p style="text-align: justify;">As per the company, the UPVC doors and windows are rust free and do not require additional maintenance. The company manufactures doors and windows from Germany imported automatic machine. The product comes with 15 years guarantee and two years hardware guarantee, said the company.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The new products that comes with &nbsp;casement, sliding and fixed doors and windows as in wooden doors and windows will be available in the size of 60, 88 and 109 series,&rdquo; informed Duwal. &nbsp;The company produces high quality UPVC profile and doors and windows by importing necessary raw materials and equipments from China.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5431',
			'image' => '20170406021756_gorkha.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5645',
			'article_category_id' => '1',
			'title' => 'CG ‘Banaun Aadarsha Nagrik’ Campaign Launched',
			'sub_title' => '',
			'summary' => 'April 6: CG Foods Nepal under Chaudhary Group has initiated ‘Banaun Aadarsha Nagrik’ campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.',
			'content' => '<p style="text-align: justify;">April 6: CG Foods Nepal under Chaudhary Group has initiated &lsquo;Banaun Aadarsha Nagrik&rsquo; campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.</p>

<p style="text-align: justify;">According to the company, the campaign has been initiated with an aim to alert the citizens on providing first aid and medical help to the casualties on road accidents. Mostly, the casualties of road accidents lose their life due to lack of immediate medical help and first-aid. CG will provide Rs 1,100 to the people who take casualties to the hospitals to provide immediate medical help, announced the company. The company expected that the campaign will motivate people to assist casualties with medical help without any hesitation.</p>

<p style="text-align: justify;">Moreover, the company will alert citizens to provide immediate medical help to the casualties through advertisements in televisions. For that, the company will collaborate with traffic police and Road Safety Committee, informed the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5430',
			'image' => '20170406012139_cg.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5644',
			'article_category_id' => '1',
			'title' => 'Janata Organises Rally on 7th Anniversary',
			'sub_title' => '',
			'summary' => 'April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7th anniversary by organizing various programs.  On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in t',
			'content' => '<p style="text-align: justify;">April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7<sup>th</sup> anniversary by organizing various programs.&nbsp; On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in the premises of the temple. Moreover, the bank organized a blood donation program in New Baneshwor, Kathmandu to mark its anniversary.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5429',
			'image' => '20170406111145_janata bank.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5643',
			'article_category_id' => '1',
			'title' => 'Green Devt Appoints Laxmi Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regard',
			'content' => '<p style="text-align: justify;">April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regarding the matter amid a program on April 5. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5428',
			'image' => '20170406105635_green.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5642',
			'article_category_id' => '1',
			'title' => 'Samsung Galaxy A7 in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4. ',
			'content' => '<p style="text-align: justify;">April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4.&nbsp;</p>

<p style="text-align: justify;">According to the company, the phone that comes with additional features, advance design and updated technology gives powerful performance. The company claims that the phone is equipped with a reliable protection to keep the phone safe from dust, water, sweat and sand.<br />
&nbsp;<br />
The Samsung Galaxy A7 that comes with a 5.70-inch touchscreen display is powered by 1.9GHz octa-core processor. &nbsp;The phone comes with 3GB of RAM and 32GB of internal storage that can be expanded up to 256GB via a microSD card.&nbsp;</p>

<p style="text-align: justify;">Similarly, the Samsung Galaxy A7 packs a 16 MP primary camera on the rear and a 16 MP front shooter for selfies. Moreover, the phone runs Android 6.0 and is powered by a 3600mAh battery. The phone has connectivity options of Wi-Fi, GPS, Bluetooth, NFC, USB OTG, FM, 3G and 4G.&nbsp;</p>

<p style="text-align: justify;">As per the company, the phone is available in sky black and gold sand. The phone has been priced Rs 54,900 in the Nepali market. Upon the purchase, 32GB micro SD card and mAh power worth Rs 10,400 will be provided free, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5427',
			'image' => '20170405012128_samsung.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5641',
			'article_category_id' => '1',
			'title' => 'Shah Elected Board Member of Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99th board of director (BOD)’s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks’ group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from develop',
			'content' => '<p style="text-align: justify;">April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99<sup>th</sup> board of director (BOD)&rsquo;s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks&rsquo; group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from development bank, finance company and smart choice technology.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5426',
			'image' => '20170405115736_anil.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
simplexml_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

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.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' => '5655',
			'article_category_id' => '1',
			'title' => 'Everest Bank Releases New Year Calendar',
			'sub_title' => '',
			'summary' => 'April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected ‘Thanka painting’ as the theme of the calendar. ',
			'content' => '<p style="text-align: justify;">April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected &lsquo;Thanka painting&rsquo; as the theme of the calendar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-09',
			'modified' => '2017-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5440',
			'image' => '20170409102853_everest.jpg',
			'article_date' => '2017-04-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5654',
			'article_category_id' => '1',
			'title' => 'Banks for Interest Rate as Per Demand and Supply',
			'sub_title' => '',
			'summary' => 'April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply. ',
			'content' => '<p style="text-align:justify">April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply.&nbsp;</p>

<p style="text-align:justify">The banks put forth this demand with the central bank after they were asked for suggestions regarding the provision on interest rate fixation and review through a Nepal Rastra Bank (NRB) concept paper on March 16.</p>

<p style="text-align:justify">The central bank has urged the banks to send suggestions while making public its own concept on only increasing interest rate twice a year in loans and informing debtors at least 45 days in advance if there is a need to increase the interest rate of loan of more than one year of loan period, and increasing interest rate of short period or that of renewable loans by informing a month earlier.</p>

<p style="text-align:justify">The NRB concept includes banks should inform the clients on various kinds of fees, annual and periodic interest rates as well as the method and basis of calculation of interest rate.</p>

<p style="text-align:justify">The banks&rsquo; suggestions were sent through the Nepal Bankers Association (NBA), said Association Vice Chairman and Nepal Bangladesh Bank Chief Executive Officer Gyanendra Dhungana. The association has 28 banks associated with it. Other suggestions by the Association are right to increase interest rate when desired saying that only 30 days&rsquo; notice was enough for increasing interest rates.</p>

<p style="text-align:justify">&nbsp;Likewise, the 55 development banks of the Development Bankers Association (DBA) have also suggested two month deadline for increasing or reducing interest rate as per the market status, said Association Chairman and Kailash Development Bank CEO Krishna Raj Lamichhane. He said they should not be forced to specify interest rate ceiling in an open economy.</p>

<p style="text-align:justify">Likewise, the 33 finance companies of &lsquo;C&rsquo; class have also agreed to the suggestions by the Nepal Bankers Association (NBA) and have not sent separate suggestions, said Finance Company Association Chairman and Goodwill Finance CEO Sarojkaji Tuladhar.</p>

<p style="text-align:justify">&nbsp;NRB has given seven-day deadline for suggestions and NRB Spokesman Narayan Prasad Paudel said the collected suggestions will be presented at the board meeting and decision on it will be made by the Board.</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5439',
			'image' => '20170407051453_interest rate 2.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5653',
			'article_category_id' => '1',
			'title' => 'Ncell Tops Data Revenue',
			'sub_title' => '',
			'summary' => 'April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According t',
			'content' => '<p style="text-align: justify;">April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According to a government research, due to high demand and use of internet, Ncell has earned the highest revenue.</p>

<p style="text-align: justify;">As per the telecommunication sector&rsquo;s report of FY 2072/73 issued by Nepal Telecommunication Authority (NTA), Ncell earned Rs 8.03 billion revenue through data services only. Whereas, Nepal Telecom, the state owned Telecommunication Company earned Rs 4.79 billion in the review period through its data services. The NTA report suggests that the revenue through data services has increased correspondingly with the increment of number of users every year.</p>

<p style="text-align: justify;">During the last year, the number of users of Ncell data services was 5.855 million. Similarly, there were 7.602 million users of various internet services of NT. At present, nearly 13.7 million customers are using internet through four dozen internet service provider companies of Nepal.</p>

<p style="text-align: justify;">As per the report, telecommunication service providers earn more revenue through voice call services than from data services. &nbsp;During the last FY, Ncell earned Rs 47.39 billion through voice call whereas NT earned Rs 34.87 billion through the voice call in review period. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5438',
			'image' => '20170407024356_ncell.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5652',
			'article_category_id' => '1',
			'title' => 'NCC Bids Farewell to Korean Ambassador',
			'sub_title' => '',
			'summary' => 'April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal.  Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship bet',
			'content' => '<p>April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal. &nbsp;Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship between Nepal and South Korea stressed on promoting business, tourism, agriculture and investment of both countries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5437',
			'image' => '20170407015709_ncc.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5651',
			'article_category_id' => '1',
			'title' => 'Coca-Cola ‘Pheri Uthne Chha Nepal 2’ in Pokhara',
			'sub_title' => '',
			'summary' => 'April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing ',
			'content' => '<p style="text-align: justify;">April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing education to deprived students and in infrastructure development of Manila Gaurishankar H.S.S, Lawang Ghalel and Bhumeshwor H.S.S, Salyan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5436',
			'image' => '20170407124558_cocacola.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5650',
			'article_category_id' => '1',
			'title' => 'Dev Bikas Bank to acquire Sajha Bikas',
			'sub_title' => '',
			'summary' => 'April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on Ap',
			'content' => '<p style="text-align: justify;">April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on April 6. Prof Dr Subarna Lal Bajracharya, Chairman of the bank and Fakir Singh Kadayat, Chairman of Sajha Bikas signed the agreement . &ldquo;The acquisition process is being forwarded in order to meet the required paid-up capital as per the NRB directive,&rdquo; said the bank in a press statement. Moreover, Dev Bikas has also signed an agreement with Union Finance regarding acquisition.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5435',
			'image' => '20170407123301_dev;sajha.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5649',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Open Golf from Saturday',
			'sub_title' => '',
			'summary' => 'April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. “The bank is organizing the golf tournament since the last three years with an objective of promoting the game,” said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to th',
			'content' => '<p style="text-align: justify;">April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. &ldquo;The bank is organizing the golf tournament since the last three years with an objective of promoting the game,&rdquo; said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to the bank, nearly 100 players including men, women, senior golfer and junior golfer will be participating the tournament.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5434',
			'image' => '20170407110249_ciz.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5648',
			'article_category_id' => '1',
			'title' => 'Everest Bank’s ATM Outlet at Jain Bhawan',
			'sub_title' => '',
			'summary' => 'April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, ',
			'content' => '<p style="text-align: justify;">April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, reads the press statement issued by the bank. Presently, the bank has been providing its services through 88 ATMs, 60 branches, six extension counters and 25 revenue collection centers.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5433',
			'image' => '20170407105105_everest.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5647',
			'article_category_id' => '1',
			'title' => 'Pegged Exchange Rate with IRS to be Reviewed',
			'sub_title' => '',
			'summary' => 'April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.',
			'content' => '<p style="text-align: justify;">April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.</p>

<p style="text-align: justify;">The preparation is being forwarded in a bid to attract huge foreign investments required to upgrade the country to Middle-income country by 2030.</p>

<p style="text-align: justify;">National Planning Commission (NPC) has already started study regarding the matter, informed an official at NPC.</p>

<p style="text-align: justify;">Nepal that has adopted pegged exchange rate system with India has maintained the rate fixed for the past 24 years at NPR 1.6 for INR 1.</p>

<p style="text-align: justify;">After the study conducted by the Nepal Rastra Bank (NRB) showed the need of review in the pegged exchange rate system with India, the government directed the NPC to further study regarding the matter.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The NRB study concluded that the foreign exchange rate system with India should be reviewed in order to be benefited from trade and investment from third countries,&rdquo; said Dr Min Bahadur Shrestha, vice-chairman of NPC.</p>

<p style="text-align: justify;">Due to long open border and dependent trade relations with India, the government had pegged its currency with Indian currency in order to maintain stability in price in internal market and for external trade.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The International Monetary Fund (IMF) as well as other multilateral donor agencies had also recommended the pegged foreign exchange system as an ideal tool of monetary policy for Nepal.</p>

<p style="text-align: justify;">The Consultative Mission of IMF that visited Nepal for inspection of economy and for consultation with stakeholders in January this year had also recommended continuing the pegged foreign exchange rate system with India. Nepali currency was pegged with Indian currency in 1992 at NRs 1.6 for IRs 1.</p>

<p style="text-align: justify;">The government has targeted to upgrade the nation to middle-income nation by 2030. &nbsp;Therefore, the government has prepared internally to change the exchange rate in order to attract big investments from countries other than India. For this, the government has to change the current policies to adopt free exchange rate system unpegged to Indian currency.</p>

<p style="text-align: justify;">The government now considers the two-decade old pegged foreign exchange rate with India a possible constraint in attracting Foreign Direct Investment (FDI).</p>

<p style="text-align: justify;">According to the NRB study also, the devaluation of Nepali rupee against US Dollar is mainly caused by pegged foreign exchange rate with India rather than the volume of export and import. A study by the South Asia Watch on Trade, Economics and Environment (SAWTEE) had also recommended change in the pegged exchange rate with Indian currency.</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5432',
			'image' => '20170406051132_photo.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5646',
			'article_category_id' => '1',
			'title' => 'Gorkha Eco Panel Starts Production',
			'sub_title' => '',
			'summary' => 'April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. “The UPVC doors and windows are soun',
			'content' => '<p style="text-align: justify;">April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. &ldquo;The UPVC doors and windows are sound proof, fire proof, water proof and insects and weather resistant,&rdquo; said Duwal.</p>

<p style="text-align: justify;">As per the company, the UPVC doors and windows are rust free and do not require additional maintenance. The company manufactures doors and windows from Germany imported automatic machine. The product comes with 15 years guarantee and two years hardware guarantee, said the company.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The new products that comes with &nbsp;casement, sliding and fixed doors and windows as in wooden doors and windows will be available in the size of 60, 88 and 109 series,&rdquo; informed Duwal. &nbsp;The company produces high quality UPVC profile and doors and windows by importing necessary raw materials and equipments from China.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5431',
			'image' => '20170406021756_gorkha.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5645',
			'article_category_id' => '1',
			'title' => 'CG ‘Banaun Aadarsha Nagrik’ Campaign Launched',
			'sub_title' => '',
			'summary' => 'April 6: CG Foods Nepal under Chaudhary Group has initiated ‘Banaun Aadarsha Nagrik’ campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.',
			'content' => '<p style="text-align: justify;">April 6: CG Foods Nepal under Chaudhary Group has initiated &lsquo;Banaun Aadarsha Nagrik&rsquo; campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.</p>

<p style="text-align: justify;">According to the company, the campaign has been initiated with an aim to alert the citizens on providing first aid and medical help to the casualties on road accidents. Mostly, the casualties of road accidents lose their life due to lack of immediate medical help and first-aid. CG will provide Rs 1,100 to the people who take casualties to the hospitals to provide immediate medical help, announced the company. The company expected that the campaign will motivate people to assist casualties with medical help without any hesitation.</p>

<p style="text-align: justify;">Moreover, the company will alert citizens to provide immediate medical help to the casualties through advertisements in televisions. For that, the company will collaborate with traffic police and Road Safety Committee, informed the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5430',
			'image' => '20170406012139_cg.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5644',
			'article_category_id' => '1',
			'title' => 'Janata Organises Rally on 7th Anniversary',
			'sub_title' => '',
			'summary' => 'April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7th anniversary by organizing various programs.  On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in t',
			'content' => '<p style="text-align: justify;">April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7<sup>th</sup> anniversary by organizing various programs.&nbsp; On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in the premises of the temple. Moreover, the bank organized a blood donation program in New Baneshwor, Kathmandu to mark its anniversary.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5429',
			'image' => '20170406111145_janata bank.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5643',
			'article_category_id' => '1',
			'title' => 'Green Devt Appoints Laxmi Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regard',
			'content' => '<p style="text-align: justify;">April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regarding the matter amid a program on April 5. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5428',
			'image' => '20170406105635_green.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5642',
			'article_category_id' => '1',
			'title' => 'Samsung Galaxy A7 in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4. ',
			'content' => '<p style="text-align: justify;">April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4.&nbsp;</p>

<p style="text-align: justify;">According to the company, the phone that comes with additional features, advance design and updated technology gives powerful performance. The company claims that the phone is equipped with a reliable protection to keep the phone safe from dust, water, sweat and sand.<br />
&nbsp;<br />
The Samsung Galaxy A7 that comes with a 5.70-inch touchscreen display is powered by 1.9GHz octa-core processor. &nbsp;The phone comes with 3GB of RAM and 32GB of internal storage that can be expanded up to 256GB via a microSD card.&nbsp;</p>

<p style="text-align: justify;">Similarly, the Samsung Galaxy A7 packs a 16 MP primary camera on the rear and a 16 MP front shooter for selfies. Moreover, the phone runs Android 6.0 and is powered by a 3600mAh battery. The phone has connectivity options of Wi-Fi, GPS, Bluetooth, NFC, USB OTG, FM, 3G and 4G.&nbsp;</p>

<p style="text-align: justify;">As per the company, the phone is available in sky black and gold sand. The phone has been priced Rs 54,900 in the Nepali market. Upon the purchase, 32GB micro SD card and mAh power worth Rs 10,400 will be provided free, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5427',
			'image' => '20170405012128_samsung.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5641',
			'article_category_id' => '1',
			'title' => 'Shah Elected Board Member of Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99th board of director (BOD)’s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks’ group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from develop',
			'content' => '<p style="text-align: justify;">April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99<sup>th</sup> board of director (BOD)&rsquo;s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks&rsquo; group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from development bank, finance company and smart choice technology.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5426',
			'image' => '20170405115736_anil.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
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

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 &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.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' => '5655',
			'article_category_id' => '1',
			'title' => 'Everest Bank Releases New Year Calendar',
			'sub_title' => '',
			'summary' => 'April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected ‘Thanka painting’ as the theme of the calendar. ',
			'content' => '<p style="text-align: justify;">April 9: Everest Bank has released its New Year Calendar. BK Shrestha, Chairman of the bank and Dr Ram S Sangapure, Executive Director of Punjab National Bank jointly released the calendar amid a program in its head office. The bank has selected &lsquo;Thanka painting&rsquo; as the theme of the calendar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-09',
			'modified' => '2017-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5440',
			'image' => '20170409102853_everest.jpg',
			'article_date' => '2017-04-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5654',
			'article_category_id' => '1',
			'title' => 'Banks for Interest Rate as Per Demand and Supply',
			'sub_title' => '',
			'summary' => 'April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply. ',
			'content' => '<p style="text-align:justify">April 7: Banks and Financial Institutions (BFIS) have demanded that they be allowed to increase the interest rate on loans as per the situation of demand and supply.&nbsp;</p>

<p style="text-align:justify">The banks put forth this demand with the central bank after they were asked for suggestions regarding the provision on interest rate fixation and review through a Nepal Rastra Bank (NRB) concept paper on March 16.</p>

<p style="text-align:justify">The central bank has urged the banks to send suggestions while making public its own concept on only increasing interest rate twice a year in loans and informing debtors at least 45 days in advance if there is a need to increase the interest rate of loan of more than one year of loan period, and increasing interest rate of short period or that of renewable loans by informing a month earlier.</p>

<p style="text-align:justify">The NRB concept includes banks should inform the clients on various kinds of fees, annual and periodic interest rates as well as the method and basis of calculation of interest rate.</p>

<p style="text-align:justify">The banks&rsquo; suggestions were sent through the Nepal Bankers Association (NBA), said Association Vice Chairman and Nepal Bangladesh Bank Chief Executive Officer Gyanendra Dhungana. The association has 28 banks associated with it. Other suggestions by the Association are right to increase interest rate when desired saying that only 30 days&rsquo; notice was enough for increasing interest rates.</p>

<p style="text-align:justify">&nbsp;Likewise, the 55 development banks of the Development Bankers Association (DBA) have also suggested two month deadline for increasing or reducing interest rate as per the market status, said Association Chairman and Kailash Development Bank CEO Krishna Raj Lamichhane. He said they should not be forced to specify interest rate ceiling in an open economy.</p>

<p style="text-align:justify">Likewise, the 33 finance companies of &lsquo;C&rsquo; class have also agreed to the suggestions by the Nepal Bankers Association (NBA) and have not sent separate suggestions, said Finance Company Association Chairman and Goodwill Finance CEO Sarojkaji Tuladhar.</p>

<p style="text-align:justify">&nbsp;NRB has given seven-day deadline for suggestions and NRB Spokesman Narayan Prasad Paudel said the collected suggestions will be presented at the board meeting and decision on it will be made by the Board.</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5439',
			'image' => '20170407051453_interest rate 2.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5653',
			'article_category_id' => '1',
			'title' => 'Ncell Tops Data Revenue',
			'sub_title' => '',
			'summary' => 'April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According t',
			'content' => '<p style="text-align: justify;">April 7: Ncell, the private internet and telecommunication service provider has earned highest revenue than other companies through its data services. According to a government research, due to high demand and use of internet, Ncell has earned the highest revenue.</p>

<p style="text-align: justify;">As per the telecommunication sector&rsquo;s report of FY 2072/73 issued by Nepal Telecommunication Authority (NTA), Ncell earned Rs 8.03 billion revenue through data services only. Whereas, Nepal Telecom, the state owned Telecommunication Company earned Rs 4.79 billion in the review period through its data services. The NTA report suggests that the revenue through data services has increased correspondingly with the increment of number of users every year.</p>

<p style="text-align: justify;">During the last year, the number of users of Ncell data services was 5.855 million. Similarly, there were 7.602 million users of various internet services of NT. At present, nearly 13.7 million customers are using internet through four dozen internet service provider companies of Nepal.</p>

<p style="text-align: justify;">As per the report, telecommunication service providers earn more revenue through voice call services than from data services. &nbsp;During the last FY, Ncell earned Rs 47.39 billion through voice call whereas NT earned Rs 34.87 billion through the voice call in review period. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5438',
			'image' => '20170407024356_ncell.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5652',
			'article_category_id' => '1',
			'title' => 'NCC Bids Farewell to Korean Ambassador',
			'sub_title' => '',
			'summary' => 'April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal.  Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship bet',
			'content' => '<p>April 7: Nepal Chamber of Commerce (NCC) has bided a farewell to Cho Yangjin, South Korean Ambassador for Nepal. &nbsp;Yangjin is set to return his home country after completing his work tenure in Nepal. Speaking in the program, Rajesh Kaji Shrestha, President of NCC highlighting about the smooth relationship between Nepal and South Korea stressed on promoting business, tourism, agriculture and investment of both countries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5437',
			'image' => '20170407015709_ncc.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5651',
			'article_category_id' => '1',
			'title' => 'Coca-Cola ‘Pheri Uthne Chha Nepal 2’ in Pokhara',
			'sub_title' => '',
			'summary' => 'April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing ',
			'content' => '<p style="text-align: justify;">April 7: Coca-cola Nepathya live-in-concert that was held in Kathmandu last year will have its second edition in Pokhara. Nepathya will perform live in Pokhara stadium on April 8, said the company in a press statement. The company informed that the money collected from the event will be utilized in providing education to deprived students and in infrastructure development of Manila Gaurishankar H.S.S, Lawang Ghalel and Bhumeshwor H.S.S, Salyan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5436',
			'image' => '20170407124558_cocacola.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5650',
			'article_category_id' => '1',
			'title' => 'Dev Bikas Bank to acquire Sajha Bikas',
			'sub_title' => '',
			'summary' => 'April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on Ap',
			'content' => '<p style="text-align: justify;">April 7: Dev Bikas Bank is set to acquire Sajha Bikas Bank. The two financial institutions signed a memorandum of understanding regarding the acquisition on April 6. Prof Dr Subarna Lal Bajracharya, Chairman of the bank and Fakir Singh Kadayat, Chairman of Sajha Bikas signed the agreement . &ldquo;The acquisition process is being forwarded in order to meet the required paid-up capital as per the NRB directive,&rdquo; said the bank in a press statement. Moreover, Dev Bikas has also signed an agreement with Union Finance regarding acquisition.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5435',
			'image' => '20170407123301_dev;sajha.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5649',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Open Golf from Saturday',
			'sub_title' => '',
			'summary' => 'April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. “The bank is organizing the golf tournament since the last three years with an objective of promoting the game,” said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to th',
			'content' => '<p style="text-align: justify;">April 7: Citizens Bank Open Golf Tournament is being started from Saturday, April 8. &ldquo;The bank is organizing the golf tournament since the last three years with an objective of promoting the game,&rdquo; said the bank in a press statement. The tournament is going to be organized in Gokarna Golf Club. According to the bank, nearly 100 players including men, women, senior golfer and junior golfer will be participating the tournament.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5434',
			'image' => '20170407110249_ciz.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5648',
			'article_category_id' => '1',
			'title' => 'Everest Bank’s ATM Outlet at Jain Bhawan',
			'sub_title' => '',
			'summary' => 'April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, ',
			'content' => '<p style="text-align: justify;">April 7: Everest Bank has opened an ATM outlet at Jain Bhawan in order to provide convenient banking services to its customers. Dr Ram S Sangapure, Executive Director of Punjab National Bank inaugurated the outlet amid a program on April 6. Someshwor Seth, CEO of the bank was also present on the occasion, reads the press statement issued by the bank. Presently, the bank has been providing its services through 88 ATMs, 60 branches, six extension counters and 25 revenue collection centers.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-07',
			'modified' => '2017-04-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5433',
			'image' => '20170407105105_everest.jpg',
			'article_date' => '2017-04-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5647',
			'article_category_id' => '1',
			'title' => 'Pegged Exchange Rate with IRS to be Reviewed',
			'sub_title' => '',
			'summary' => 'April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.',
			'content' => '<p style="text-align: justify;">April 6: The government is planning to review the 24-year old system of pegged exchange rate of Nepali currency with Indian currency.</p>

<p style="text-align: justify;">The preparation is being forwarded in a bid to attract huge foreign investments required to upgrade the country to Middle-income country by 2030.</p>

<p style="text-align: justify;">National Planning Commission (NPC) has already started study regarding the matter, informed an official at NPC.</p>

<p style="text-align: justify;">Nepal that has adopted pegged exchange rate system with India has maintained the rate fixed for the past 24 years at NPR 1.6 for INR 1.</p>

<p style="text-align: justify;">After the study conducted by the Nepal Rastra Bank (NRB) showed the need of review in the pegged exchange rate system with India, the government directed the NPC to further study regarding the matter.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The NRB study concluded that the foreign exchange rate system with India should be reviewed in order to be benefited from trade and investment from third countries,&rdquo; said Dr Min Bahadur Shrestha, vice-chairman of NPC.</p>

<p style="text-align: justify;">Due to long open border and dependent trade relations with India, the government had pegged its currency with Indian currency in order to maintain stability in price in internal market and for external trade.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The International Monetary Fund (IMF) as well as other multilateral donor agencies had also recommended the pegged foreign exchange system as an ideal tool of monetary policy for Nepal.</p>

<p style="text-align: justify;">The Consultative Mission of IMF that visited Nepal for inspection of economy and for consultation with stakeholders in January this year had also recommended continuing the pegged foreign exchange rate system with India. Nepali currency was pegged with Indian currency in 1992 at NRs 1.6 for IRs 1.</p>

<p style="text-align: justify;">The government has targeted to upgrade the nation to middle-income nation by 2030. &nbsp;Therefore, the government has prepared internally to change the exchange rate in order to attract big investments from countries other than India. For this, the government has to change the current policies to adopt free exchange rate system unpegged to Indian currency.</p>

<p style="text-align: justify;">The government now considers the two-decade old pegged foreign exchange rate with India a possible constraint in attracting Foreign Direct Investment (FDI).</p>

<p style="text-align: justify;">According to the NRB study also, the devaluation of Nepali rupee against US Dollar is mainly caused by pegged foreign exchange rate with India rather than the volume of export and import. A study by the South Asia Watch on Trade, Economics and Environment (SAWTEE) had also recommended change in the pegged exchange rate with Indian currency.</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5432',
			'image' => '20170406051132_photo.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5646',
			'article_category_id' => '1',
			'title' => 'Gorkha Eco Panel Starts Production',
			'sub_title' => '',
			'summary' => 'April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. “The UPVC doors and windows are soun',
			'content' => '<p style="text-align: justify;">April 6: Gorkha Pre cast and Windoor has started the production of UPVC doors and windows. According to Engineer Rajan Dulal, CEO of the company, the newly produced doors and windows will be available in the market from the beginning of New Year 2074. &ldquo;The UPVC doors and windows are sound proof, fire proof, water proof and insects and weather resistant,&rdquo; said Duwal.</p>

<p style="text-align: justify;">As per the company, the UPVC doors and windows are rust free and do not require additional maintenance. The company manufactures doors and windows from Germany imported automatic machine. The product comes with 15 years guarantee and two years hardware guarantee, said the company.</p>

<p style="text-align: justify;">&nbsp;&ldquo;The new products that comes with &nbsp;casement, sliding and fixed doors and windows as in wooden doors and windows will be available in the size of 60, 88 and 109 series,&rdquo; informed Duwal. &nbsp;The company produces high quality UPVC profile and doors and windows by importing necessary raw materials and equipments from China.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5431',
			'image' => '20170406021756_gorkha.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5645',
			'article_category_id' => '1',
			'title' => 'CG ‘Banaun Aadarsha Nagrik’ Campaign Launched',
			'sub_title' => '',
			'summary' => 'April 6: CG Foods Nepal under Chaudhary Group has initiated ‘Banaun Aadarsha Nagrik’ campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.',
			'content' => '<p style="text-align: justify;">April 6: CG Foods Nepal under Chaudhary Group has initiated &lsquo;Banaun Aadarsha Nagrik&rsquo; campaign amid a program on April 5. The campaign has been started to alert the citizens towards ethical behavior in the society, said the company.</p>

<p style="text-align: justify;">According to the company, the campaign has been initiated with an aim to alert the citizens on providing first aid and medical help to the casualties on road accidents. Mostly, the casualties of road accidents lose their life due to lack of immediate medical help and first-aid. CG will provide Rs 1,100 to the people who take casualties to the hospitals to provide immediate medical help, announced the company. The company expected that the campaign will motivate people to assist casualties with medical help without any hesitation.</p>

<p style="text-align: justify;">Moreover, the company will alert citizens to provide immediate medical help to the casualties through advertisements in televisions. For that, the company will collaborate with traffic police and Road Safety Committee, informed the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5430',
			'image' => '20170406012139_cg.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5644',
			'article_category_id' => '1',
			'title' => 'Janata Organises Rally on 7th Anniversary',
			'sub_title' => '',
			'summary' => 'April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7th anniversary by organizing various programs.  On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in t',
			'content' => '<p style="text-align: justify;">April 6: Janata Bank has entered into eighth year of operation. The bank celebrated its 7<sup>th</sup> anniversary by organizing various programs.&nbsp; On the occasion, Janata Bank organised a rally from its central office, New Baneshwor, Kathmandu to Pashupatinath Temple. Similarly, it also organised cleaning program in the premises of the temple. Moreover, the bank organized a blood donation program in New Baneshwor, Kathmandu to mark its anniversary.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5429',
			'image' => '20170406111145_janata bank.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5643',
			'article_category_id' => '1',
			'title' => 'Green Devt Appoints Laxmi Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regard',
			'content' => '<p style="text-align: justify;">April 6: Green Development Bank has appointed Laxmi Capital as its issue manager. The bank appointed Laxmi as its issue manager to manage its upcoming right issue. Baikuntha Raj Timsena, Acting Executive Director of the bank and Rajeev Sapkota, CEO of Laxmi Capital signed an agreement regarding the matter amid a program on April 5. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-06',
			'modified' => '2017-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5428',
			'image' => '20170406105635_green.jpg',
			'article_date' => '2017-04-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5642',
			'article_category_id' => '1',
			'title' => 'Samsung Galaxy A7 in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4. ',
			'content' => '<p style="text-align: justify;">April 5: Samsung Nepal has launched Samsung Galaxy A7 in Nepali market on April 4.&nbsp;</p>

<p style="text-align: justify;">According to the company, the phone that comes with additional features, advance design and updated technology gives powerful performance. The company claims that the phone is equipped with a reliable protection to keep the phone safe from dust, water, sweat and sand.<br />
&nbsp;<br />
The Samsung Galaxy A7 that comes with a 5.70-inch touchscreen display is powered by 1.9GHz octa-core processor. &nbsp;The phone comes with 3GB of RAM and 32GB of internal storage that can be expanded up to 256GB via a microSD card.&nbsp;</p>

<p style="text-align: justify;">Similarly, the Samsung Galaxy A7 packs a 16 MP primary camera on the rear and a 16 MP front shooter for selfies. Moreover, the phone runs Android 6.0 and is powered by a 3600mAh battery. The phone has connectivity options of Wi-Fi, GPS, Bluetooth, NFC, USB OTG, FM, 3G and 4G.&nbsp;</p>

<p style="text-align: justify;">As per the company, the phone is available in sky black and gold sand. The phone has been priced Rs 54,900 in the Nepali market. Upon the purchase, 32GB micro SD card and mAh power worth Rs 10,400 will be provided free, informed the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5427',
			'image' => '20170405012128_samsung.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5641',
			'article_category_id' => '1',
			'title' => 'Shah Elected Board Member of Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99th board of director (BOD)’s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks’ group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from develop',
			'content' => '<p style="text-align: justify;">April 5: Anil Keshari Shah, CEO of Mega Bank has been elected as board member of Nepal Clearing House. The 99<sup>th</sup> board of director (BOD)&rsquo;s meeting of Nepal Clearing House appointed Shah as a board member from commercial banks&rsquo; group. As per the mechanism of Nepal Clearing House, the seven-member board committee is represented by one member from Nepal Rastra Bank, three members from commercial banks and one member each from development bank, finance company and smart choice technology.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-05',
			'modified' => '2017-04-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5426',
			'image' => '20170405115736_anil.jpg',
			'article_date' => '2017-04-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_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