November 27: Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization has…
November 27: Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization has…
November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu.…
November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi…
The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two…
Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief…
November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being…
November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent…
November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the…
November 26: Gandaki Province has witnessed expansion of orange…
November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence.…
November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the…
In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue…
November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460…
November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service…
November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again.…
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Enforcing these regulations would solve most antibiotic misuse," Robb Butler, director of WHO Europe's Division of Communicable Diseases, said in a statement.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">WHO warned that without immediate intervention, resistance to antimicrobials -- which includes antibiotics -- could lead to up to 10 million deaths a year by 2050.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">It cited incorrect prescription as a "cause for concern," adding that in all the 14 countries, a third of the roughly 8,200 people surveyed had taken antibiotics without a medical prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In some countries, over 40 percent of antibiotics were used without medical advice.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In contrast, an equivalent survey conducted in the European Union in 2022 showed that only eight percent of respondents took antibiotics without a prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The WHO also noted that there were severe gaps in people's knowledge about antibiotics, meaning they could be taking antibiotics for the wrong reason without realising it.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"This research clearly shows the need for education and awareness raising," Butler said. – AFP/RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-27', 'modified' => '2023-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '19297', 'image' => '20231127113116_20230707120641_skynews-antibiotics-drugs_5632415.jpg', 'article_date' => '2023-11-27 11:30:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19567', 'article_category_id' => '1', 'title' => 'Nepal Gears Up for Third Investment Summit on April 21-22 ', 'sub_title' => '', 'summary' => 'November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Dr Prakash Sharan Mahat, preparations are underway to hold the summit in the scheduled date. The very first meeting of the summit's steering committee coordinated by the finance minister was held on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Talking to media persons after the meeting, Finance Minister Mahat said the summit aims not to only attract foreign investment but also to encourage the mobilisation of domestic investment and investment from non-resident Nepali community. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Nepali embassies abroad will be mobilised for facilitating the hosting of the summit," said Mahat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Two committees have been formed to make preparation for the summit: an implementation committee led by the chief secretary and a technical committee led by the secretary at the Ministry of Industry, Commerce, and Supplies. The summit's secretariat will be located at the Office of the Investment Board. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During Sunday’s meeting, Minister Mahat directed the concerned authorities to make preparations for identifying the 'projects of showcase' to be highlighted in the summit. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => 'Nepal, investment, summit, Mahat, Prakash, Sharan', 'description' => '', 'sortorder' => '19296', 'image' => '20231126113943_20190307120527_Clipboard24.jpg', 'article_date' => '2023-11-26 23:38:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19568', 'article_category_id' => '1', 'title' => 'Ancient Relics Found in Ramgram ', 'sub_title' => '', 'summary' => 'November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remnants of the stupa that houses one of the astadhatu (relics) of Lord Gautam Buddha were spotted during excavation, according to the Lumbini Development Trust. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Organizing a press meet in collaboration with Ramgram Municipality on Sunday, the Trust appraised about the findings of the extraction that began since November 1 this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remains of various bricks of the stupa and a pond were unearthed by the experts and archeologists, according to the Robin Coningham, advisor to the UNESCO and professor of the Durham University in the UK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini is the birthplace of Siddhartha Gautam who was born in 623 BC on the full moon day of the Nepali month Baishakh. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Professor Coningham, the Ramgram area still possesses a lot of ancient structures that remain to be retrieved. Some geophysical surveys had been conducted in the stupa area before. The latest findings were unearthed after the excavation based on the same geophysical survey, informed Prof Coningham. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Ram Bahadur Kunwar, spokesperson for the Department of Archeology, shared that the period of those remains would be determined after further examination. He pledged to continue with the excavation in coming days. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Experts and archeologists involved in the excavation have drawn attention of the all concerned to preserve the ancient structures that are around the stupa. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Ramgram Municipality’s Mayor Dhanpati Yadav called for developing Ramgram Stupa area under the Master Plan of the Trust. Mayor Yadav informed that his municipality had allocated Rs 2 million for the development and promotion of Ramgram Stupa. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19295', 'image' => '20231126114214_sddefault.jpg', 'article_date' => '2023-11-26 23:41:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19566', 'article_category_id' => '1', 'title' => 'NEPSE Surges by 47.75 Points to Settle at 1907.95', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Analysts and seasoned investors suggest that the market, which tested points near 1800 many times, is poised for further growth. They anticipate increased investor activity in the coming days.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's session, 294 different stocks were traded in 66,516 transactions, resulting in a total turnover of Rs. 2.01 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chhyangdi Hydropower Ltd. (CHL) and Bhagawati Hydropower Development Company Limited (BGWT) emerged as the top gainers, each experiencing a 10% increase.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Conversely, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) and NMB Sulav Investment Fund - 2 (NSIF2) incurred the highest losses, both declining by 2.47%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">All sector indexes closed in the green today, with "Life Insurance" leading the gains at 4.44%, while "Mutual Fund" recorded the least gain at 1.41%.</span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19294', 'image' => '20231126052148_collage (8).jpg', 'article_date' => '2023-11-26 17:20:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19565', 'article_category_id' => '1', 'title' => 'Dabur Nepal Contributes Rs 2.5 Million to Earthquake Victims', 'sub_title' => '', 'summary' => 'Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Expressing deep sorrow for the lives lost and a sincere desire for the swift recovery of the injured, Dabur Nepal said that it stood in solidarity with the affected communities during this challenging time in Jajrkot and Rukum West.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The donation amount was officially handed over to Prime Minister Pushpa Kamal Dahal by Ishori Rana, Chairperson of Dabur Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The monetary contribution reflects Dabur Nepal's commitment to supporting those in need and underscores their dedication to aiding the earthquake-affected districts. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19293', 'image' => '20231126040334_collage (7).jpg', 'article_date' => '2023-11-26 16:01:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19564', 'article_category_id' => '1', 'title' => 'Blacktopping Commences on Beni-Galeshwar Section of Kaligandaki Corridor', 'sub_title' => '', 'summary' => 'November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The laying of bitumen has started from Saturday in the Beni-Galeshwar section Ward No 9 in Galeshwar to Ward No 8 Kalipul of Beni Municipality-8. The road falls under the Beni-Jomsom-Korala road of the Kaligandaki corridor. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">After this road is blacktopped it will be easy for the residents of Raghuganga and Annapurna Rural Municipality, Mustang and tourists to travel to Manang and Mustang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Mayor of Beni Municipality, Surat KC, said that regular monitoring, inspection and coordination have been done to complete this road section, which is the entrance to Muktinath. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Office of Beni-Jomsom-Korala road project, the construction of seven packages of Beni-Jomsom-Korala road with a distance of 202 km has been completed. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19292', 'image' => '20231126033430_black.jpg', 'article_date' => '2023-11-26 15:33:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19563', 'article_category_id' => '1', 'title' => 'Coffee Imports up by 155%, Exports Increases by 11%', 'sub_title' => '', 'summary' => 'November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As a result, the import of foreign coffee has been increasing every year while the export of coffee produced in Nepal remains negligible comparatively. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest data provided by the National Tea and Coffee Development Board, coffee exports increased by 11 percent in the fiscal year (2079/80) compared to the previous year, while the imports increased by 155 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data, 77.86 metric tons of coffee worth Rs 134 million was exported from Nepal in the review year while 450 metric tons of coffee worth Rs 325.866 million was imported into the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In FY 2078/79, a total of 69.51 metric tons of coffee worth Rs 117 million was exported from Nepal. The data shows that 279.81 metric tons of coffee worth Rs 127.59 million was imported in that year. In the same year, coffee was cultivated on 3,343 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director of the board Dr Deepak Khanal said that the main reason for the unexpected increase in coffee imports is the rise in domestic consumption. According to him, recently the trend of drinking coffee in Nepal is developing as a culture, so the number of cafes and outlets has also increased rapidly.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The production of coffee could not increase in proportion to consumption, thus, encouraging imports," said Khanal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> According to Khanal, a large amount of coffee consumed in Nepal is imported from neighboring India. Recently, the price of coffee has also increased significantly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Earlier, the customs duty on coffee imports was 40%, but now it is 58%. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data of the board, even though the coffee plantation area is increasing in Nepal, the production is decreasing. In the year 2071/072, a total of 463 metric tons of coffee was produced in 2,381 hectares of land in Nepal. In the year 2079/80, only 394 metric tons have been produced on 3,655 hectares. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to director Khanal, one of the reasons for the failure to increase production compared to the area of coffee cultivation in Nepal is the lack of research on coffee varieties. According to him, only Arabica coffee has been cultivated in Nepal for years. He pointed out the need for research on whether other species can produce better. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After planting coffee, it takes 4 to 5 years to produce. As it takes a couple of years for production, it takes time to reap benefit even if the production area is increased.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19291', 'image' => '20231126015710_20221202013732_1669933354.Clipboard05.jpg', 'article_date' => '2023-11-26 13:55:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19562', 'article_category_id' => '1', 'title' => '43 Percent Farming Households in Madhes Province Struggle to Meet their Annual Food Requirement', 'sub_title' => '', 'summary' => 'November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the National Agriculture Census 2021, around 43 percent of farmers’ households in Madhesh Province are unable to meet their food requirement throughout the year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data released by the National Statistics Office recently shows that, 317,486 farmers’ households out of 738,340 residing in Madhesh Province have been facing inadequacy of food supply to meet their requirement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, 63.8 percent of the total population of 6,114,600 population (1,156,715 households) living in Madhesh Province are farmers’ households.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of the farmers are scattered in eight districts of the province and they cultivate on 492,497 hectares of land. Among them, only 57 percent of farmers meet their annual requirement of food from the products they cultivate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data show that most of the farming families are involved in subsistence agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Paddy is cultivated on 384,553 hectares of land Madhes Province while 247,609 hectares of land is used to cultivate wheat and corn is produced in 33,719 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, a total of 16.2 percent of farmers have taken loans for agriculture productions. Similarly, 3.7 percent have received government grants and 1.2 percent of farmers have purchased farm insurance policies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, 64.7 percent of the farmers use tractors for cultivation, 20.8 percent use iron plows and 4.7 percent use power tillers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Madhes Province, 85.8 percent of the farmers are men and 14.2 percent are women, while 30.1 percent of the farming families are involved in other economic activities in addition to agricultural work.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Land Management, Agriculture and Cooperatives of the province, Gobinda Bahadur Neupane, says that the farmers are facing problems due to lack of irrigation facility, delay in supply of fertilizers, and unfair distribution of subsidies.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19290', 'image' => '20231126011355_20201109032251_Clipboard02.jpg', 'article_date' => '2023-11-26 13:13:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19561', 'article_category_id' => '1', 'title' => 'Orange Farming up in Gandaki Province ', 'sub_title' => '', 'summary' => 'November 26: Gandaki Province has witnessed expansion of orange farming.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Gandaki Province has witnessed expansion of orange farming. The fruit was cultivated in 7,945 hectares of land two years ago, while it grew by 397 hectares of land last year, to reach 8,342 hectares. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the preliminary data, orange farming has been expanded by around 500 hectares of land this year, according to the Directorate of Agriculture Development, Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Directorate, Basudev Regmi, informed RSS that the area for orange farming is increasing every year but orange production has decreased this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Regmi shared that orange production decreased this year due to hailstone and disease. He further said 55,935 metric tonnes of orange was produced in Gandaki Province last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Directorate, oranges worth around Rs 2.79 billion was produced in the province last year. The citrus fruit is being cultivated in all districts of Gandaki Province except Mustang and Manang. The farming was done in 2,067 hectares of land in Syangja, 1,712 hectares in Tanahu, 1,082 hectares in Gorkha, 894 hectares in Kaski, 872 hectares in Parbat, 780 hectares in Myagdi, 622 hectares in Baglung, 172 hectares in Lamjung and 142 hectares in Nawalpur till last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The data of expansion of district-wise orange farming has not been received this year. The government has launched orange 'super zone', 'pocket' and 'block' programmes for the expansion and commercialization of orange farming in the province. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19289', 'image' => '20231126122652_KN_Damauli-suntalabotphoto.jpg', 'article_date' => '2023-11-26 12:25:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19560', 'article_category_id' => '1', 'title' => '80 Percent of GBV Includes Domestic Violence ', 'sub_title' => '', 'summary' => 'November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. According to the Nepal Police data, 53 per cent of the domestic violence is physical violence and 47 per cent is mental violence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the statistics released by the police under the 16-day campaign against violence against women that began on Saturday, the cases of VAW registered with the police also showed that 89 per cent of women and girls are subjected to violence by people known to them. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Senior Superintendent of Police of the Directorate of Women, Children and Senior Citizens Services Dr Manoj Kumar KC said it is unfortunate that the women and girls are being subjected to violence by people known to them and hence there is a need for active participation of the community to prevent it. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the data, 67 per cent of cases of domestic violence are between husband and wife. In the last one year, 16,519 cases of domestic violence and 4,394 cases of other gender-based violence have been registered with the police. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In terms of age group, 63 per cent of the victims are girls between 11 to 16 years old. Likewise, 38 per cent of the perpetrators are between 10 and 25 years old. Likewise, 50 per cent of violence was found to be committed by showing fear and threatening, 35 per cent by alluring with gifts and 14 per cent by promising to marry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Superintendent of Police at the Directorate Ranju Sigdel said that the data show that 89 per cent of the violence was committed by known people. This includes 12 per cent family members, nearly 23 per cent neighbors, and 0.46 percent teachers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19288', 'image' => '20231126112537_gvb.jpg', 'article_date' => '2023-11-26 11:24:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19559', 'article_category_id' => '1', 'title' => ' South Asian Int’l Book Fair Draws 25,000 Plus Visitors', 'sub_title' => '', 'summary' => 'November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The book fair organized by Nepal Books and Stationery Business and the Current Media and Research Centre was inaugurated by Prime Minister Pushpa Kamal Dahal on November 21. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Visitors were found purchasing new publications of Nepal and famous foreign books as well as books related to spirituality showcased in the fair having over 180 stalls, shared Rajendra Tiwari, the coordinator of the fair. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari claimed that it was for the first time in Nepal such an international level of book fair was organized. Participants included publishers, producers and distributors from over 15 countries including Nepal, India, China, Bangladesh, the USA and Egypt among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari said the objective of the event was to develop and promote reading culture and how to timely deliver books to the readers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seminars were organized alongside the fair where publishers, distributors and producers deliberated on the issues surrounding the culture of reading, national polices on books and school textbooks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers argued that it was imperative for the government to put in place infrastructures to promote the culture of reading and for that to happen, the organizers pointed out, the government should protect the publishers and writers alike. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Publication houses participating in the fair complained that the government did not consider discounts on the taxes and customs charges for the publishers and distributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers as well as the participants of the seminars had pressed for recognizing book publishing sector as an industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Minister Chhabilal Bishwakarma, who was one of the visitors of the fair, opined that the culture of reading should be developed and promoted regardless of technological advancement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Books such as 'Aaithan', 'Nirnayasindhu', 'Dharmasindhu' and "Himavat Khanda' and 'Rastra-Pararastra', a memoir of Dr Bhekh Bahadur Thapa, were among the bestsellers in the fair, said the publishers. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19287', 'image' => '20231126110315_20231125144619_IMG_9929.JPG', 'article_date' => '2023-11-26 11:02:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19558', 'article_category_id' => '1', 'title' => 'Birgunj Customs Office Collects Only 64% Revenue in First Four Months', 'sub_title' => '', 'summary' => ' In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the first four-month period of the current fiscal year, the Birgunj collected Rs 49 billion in revenue against its target of Rs 77 billion, according to information officer Ram Chandra Dhakal at the customs office. The revenue collection is just 63.64 percent of the total target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Customs office has collected a revenue of Rs 18 billion in four months as excise duty and Rs20 billion as value-added tax. The data show that internal revenue of Rs 3 billion was collected during this period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government removing controls on imports, customs officials say there has been no improvement in foreign trade. The high bank interest rates on loans and the lack of reforms in the economy have affected overall production and business in Nepal, said Ashok Kumar Temani, the President of the Madhes Province of Federation of Nepalese Chambers of Commerce and Industry. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Birgunj customs primarily imports fuel and raw materials for industries. Entrepreneurs and traders say that production and trade have fallen to 25/30 percentage. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the lifting of the restrictions imposed on the import of goods and commodities citing improvement in foreign exchange reserves, the foreign trade has not improved. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Decline on the trade has hit the revenue collection at the customs office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government adopting a policy of control in foreign trade since the last fiscal year's Ashoj, stating the pressure in the balance of payments, Bhansar reports that although there have been improvements in savings, there has been no improvement in business. Bhansar states that the impact of business will also be felt in revenue collection from Bhansar.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19286', 'image' => '20231126064407_collage (21).jpg', 'article_date' => '2023-11-26 06:42:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '19557', 'article_category_id' => '1', 'title' => 'Nepal’s Trade Deficit Exceeds Rs 460 Billion in First Four Months of Current FY', 'sub_title' => '', 'summary' => 'November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to data released by the Department of Customs, the country has a trade deficit of Rs 461.93 billion as of mid-November this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, the country's foreign trade volume during this period was over Rs 563 billion while the import volume was worth over Rs 50.56 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Comparing to the foreign trade with the data of the corresponding period in the last fiscal year, the import value went down by 3.79 percent, export by 7.68 percent, trade deficit by 3.34 percent and the overall foreign trade by 4.15 percent. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">India remains the largest trade partner of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the first four months of the current fiscal year, Nepal-India trade value stood at over Rs 347 billion, resulting in a trade deficit of over Rs 281 billion. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'trade, deficit, Nepal, India, import, export, foreign', 'description' => '', 'sortorder' => '19285', 'image' => '20231125092857_20220622075829_trade_imbalance.jpg', 'article_date' => '2023-11-25 09:28:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19556', 'article_category_id' => '1', 'title' => 'Nepal and ADB Sign Concessional Loan Agreement of over Rs 13 Billion', 'sub_title' => '', 'summary' => 'November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Secretary Krishna Hari Pushkar and Asian Development Bank’s Regional Country Director for Nepal Arnaud Cauchois signed the agreement to this effect at the Ministry of Finance on Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Public Finance Management and Strengthening Service Delivery are the major priorities of the government. This (concessional loan) would support in the implementation of restructuring public finance as well as in fiscal federalism," Finance Secretary Pushkar said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The finance secretary added that the government has been effortful to strengthen public finance management and public service delivery through various reformative measures through the current fiscal year's budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, ADB’s Regional Director Cauchois expressed his confidence that the loan would assist in making Nepal's financial system sustainable and make the government's periodic programmes more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the loan to be obtained from the ADB under this title was linked to Nepal's medium-term and long-term national plan to upgrade Nepal to middle-income country by 2030. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is a concessional loan obtained by Nepal for budgetary assistance. The first phase of the Public Finance Management and Strengthening Service Delivery has been implemented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The current loan is for the second phase of implementation, it was shared. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'ADB, Nepal, concessional, loan', 'description' => '', 'sortorder' => '19284', 'image' => '20231125092616_KRB_KTM-0U3A3542.jpg', 'article_date' => '2023-11-25 09:25:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19555', 'article_category_id' => '1', 'title' => 'Improvement in Foreign Trade did not Even Last One Month', 'sub_title' => '', 'summary' => 'November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. The foreign trade started increasing after mid-September, but decreased again within one month. According to the data released by the Department of Customs on Thursday, the foreign trade of the current year up to mid-October decreased by 4.15 percent compared to last year. As of mid-October last year, the country’s foreign trade in terms of monetary value stood at Rs 587.46 billion, while in the corresponding period of the current year; Nepal’s foreign trade was just worth Rs 563.6 billion. The country’s foreign trade has been affected due to the sharp decline in imports and exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">As of mid-October, the country’s imports stood at Rs 512.50 billion, while the export figure amounted to a meagre Rs 50.56 billion. Compared to the same period of last year, the import decreased by 3.79 percent and the export decreased by 7.68 percent. As of mid-November this year, imports worth Rs 147.4 billion and exports worth Rs 9.69 billion have been recorded. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Analysts said referring to Nepal Rastra Bank’s data that the country’s overall economy improved recently due to the improvement in external sector indicators mainly due to increase in volume of foreign trade. However, the country’s foreign trade took a nosedive within a month.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">After the pressure on foreign exchange reserves eased, the government opened import restrictions and NRB also reviewed its policy. However, the data of mid-November shows that there will be no improvement in foreign trade. According to the latest report of NRB, as of mid-November, the current account of the country is in a surplus of Rs 99.7 billion. The foreign currency reserve is Rs 1643.9 billion, which can cover the import of goods and services for 10.3 months. Similarly, bank deposits and loan investments have also increased.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-24', 'modified' => '2023-11-24', 'keywords' => '', 'description' => '', 'sortorder' => '19283', 'image' => '20231124041440_Trade.jpg', 'article_date' => '2023-11-24 16:13:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '19569', 'article_category_id' => '1', 'title' => 'WHO says Misuse of Antibiotics Undermining Efficacy', 'sub_title' => '', 'summary' => 'November 27: Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization has warned.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">November 27: Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization has warned.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">WHO's European chapter conducted a study which showed that antibiotics were prescribed for things like common cold (24 percent of cases), flu-like symptoms (16 percent), a sore throat (21 percent) and a cough (18 percent).</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The survey was carried out in 14 countries, mostly in Eastern Europe and Central Asia.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"While AMR (antimicrobial resistance) is a natural phenomenon, the development and spread of superbugs are being accelerated by the misuse of antimicrobials, rendering infections more challenging to treat effectively" a statement said.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The WHO's European region comprises 53 countries, including several in Central Asia.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"All countries in our region have regulations in place to protect precious antibiotics from misuse... Enforcing these regulations would solve most antibiotic misuse," Robb Butler, director of WHO Europe's Division of Communicable Diseases, said in a statement.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">WHO warned that without immediate intervention, resistance to antimicrobials -- which includes antibiotics -- could lead to up to 10 million deaths a year by 2050.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">It cited incorrect prescription as a "cause for concern," adding that in all the 14 countries, a third of the roughly 8,200 people surveyed had taken antibiotics without a medical prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In some countries, over 40 percent of antibiotics were used without medical advice.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In contrast, an equivalent survey conducted in the European Union in 2022 showed that only eight percent of respondents took antibiotics without a prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The WHO also noted that there were severe gaps in people's knowledge about antibiotics, meaning they could be taking antibiotics for the wrong reason without realising it.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"This research clearly shows the need for education and awareness raising," Butler said. – AFP/RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-27', 'modified' => '2023-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '19297', 'image' => '20231127113116_20230707120641_skynews-antibiotics-drugs_5632415.jpg', 'article_date' => '2023-11-27 11:30:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19567', 'article_category_id' => '1', 'title' => 'Nepal Gears Up for Third Investment Summit on April 21-22 ', 'sub_title' => '', 'summary' => 'November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Dr Prakash Sharan Mahat, preparations are underway to hold the summit in the scheduled date. The very first meeting of the summit's steering committee coordinated by the finance minister was held on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Talking to media persons after the meeting, Finance Minister Mahat said the summit aims not to only attract foreign investment but also to encourage the mobilisation of domestic investment and investment from non-resident Nepali community. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Nepali embassies abroad will be mobilised for facilitating the hosting of the summit," said Mahat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Two committees have been formed to make preparation for the summit: an implementation committee led by the chief secretary and a technical committee led by the secretary at the Ministry of Industry, Commerce, and Supplies. The summit's secretariat will be located at the Office of the Investment Board. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During Sunday’s meeting, Minister Mahat directed the concerned authorities to make preparations for identifying the 'projects of showcase' to be highlighted in the summit. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => 'Nepal, investment, summit, Mahat, Prakash, Sharan', 'description' => '', 'sortorder' => '19296', 'image' => '20231126113943_20190307120527_Clipboard24.jpg', 'article_date' => '2023-11-26 23:38:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19568', 'article_category_id' => '1', 'title' => 'Ancient Relics Found in Ramgram ', 'sub_title' => '', 'summary' => 'November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remnants of the stupa that houses one of the astadhatu (relics) of Lord Gautam Buddha were spotted during excavation, according to the Lumbini Development Trust. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Organizing a press meet in collaboration with Ramgram Municipality on Sunday, the Trust appraised about the findings of the extraction that began since November 1 this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remains of various bricks of the stupa and a pond were unearthed by the experts and archeologists, according to the Robin Coningham, advisor to the UNESCO and professor of the Durham University in the UK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini is the birthplace of Siddhartha Gautam who was born in 623 BC on the full moon day of the Nepali month Baishakh. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Professor Coningham, the Ramgram area still possesses a lot of ancient structures that remain to be retrieved. Some geophysical surveys had been conducted in the stupa area before. The latest findings were unearthed after the excavation based on the same geophysical survey, informed Prof Coningham. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Ram Bahadur Kunwar, spokesperson for the Department of Archeology, shared that the period of those remains would be determined after further examination. He pledged to continue with the excavation in coming days. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Experts and archeologists involved in the excavation have drawn attention of the all concerned to preserve the ancient structures that are around the stupa. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Ramgram Municipality’s Mayor Dhanpati Yadav called for developing Ramgram Stupa area under the Master Plan of the Trust. Mayor Yadav informed that his municipality had allocated Rs 2 million for the development and promotion of Ramgram Stupa. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19295', 'image' => '20231126114214_sddefault.jpg', 'article_date' => '2023-11-26 23:41:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19566', 'article_category_id' => '1', 'title' => 'NEPSE Surges by 47.75 Points to Settle at 1907.95', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Analysts and seasoned investors suggest that the market, which tested points near 1800 many times, is poised for further growth. They anticipate increased investor activity in the coming days.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's session, 294 different stocks were traded in 66,516 transactions, resulting in a total turnover of Rs. 2.01 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chhyangdi Hydropower Ltd. (CHL) and Bhagawati Hydropower Development Company Limited (BGWT) emerged as the top gainers, each experiencing a 10% increase.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Conversely, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) and NMB Sulav Investment Fund - 2 (NSIF2) incurred the highest losses, both declining by 2.47%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">All sector indexes closed in the green today, with "Life Insurance" leading the gains at 4.44%, while "Mutual Fund" recorded the least gain at 1.41%.</span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19294', 'image' => '20231126052148_collage (8).jpg', 'article_date' => '2023-11-26 17:20:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19565', 'article_category_id' => '1', 'title' => 'Dabur Nepal Contributes Rs 2.5 Million to Earthquake Victims', 'sub_title' => '', 'summary' => 'Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Expressing deep sorrow for the lives lost and a sincere desire for the swift recovery of the injured, Dabur Nepal said that it stood in solidarity with the affected communities during this challenging time in Jajrkot and Rukum West.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The donation amount was officially handed over to Prime Minister Pushpa Kamal Dahal by Ishori Rana, Chairperson of Dabur Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The monetary contribution reflects Dabur Nepal's commitment to supporting those in need and underscores their dedication to aiding the earthquake-affected districts. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19293', 'image' => '20231126040334_collage (7).jpg', 'article_date' => '2023-11-26 16:01:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19564', 'article_category_id' => '1', 'title' => 'Blacktopping Commences on Beni-Galeshwar Section of Kaligandaki Corridor', 'sub_title' => '', 'summary' => 'November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The laying of bitumen has started from Saturday in the Beni-Galeshwar section Ward No 9 in Galeshwar to Ward No 8 Kalipul of Beni Municipality-8. The road falls under the Beni-Jomsom-Korala road of the Kaligandaki corridor. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">After this road is blacktopped it will be easy for the residents of Raghuganga and Annapurna Rural Municipality, Mustang and tourists to travel to Manang and Mustang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Mayor of Beni Municipality, Surat KC, said that regular monitoring, inspection and coordination have been done to complete this road section, which is the entrance to Muktinath. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Office of Beni-Jomsom-Korala road project, the construction of seven packages of Beni-Jomsom-Korala road with a distance of 202 km has been completed. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19292', 'image' => '20231126033430_black.jpg', 'article_date' => '2023-11-26 15:33:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19563', 'article_category_id' => '1', 'title' => 'Coffee Imports up by 155%, Exports Increases by 11%', 'sub_title' => '', 'summary' => 'November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As a result, the import of foreign coffee has been increasing every year while the export of coffee produced in Nepal remains negligible comparatively. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest data provided by the National Tea and Coffee Development Board, coffee exports increased by 11 percent in the fiscal year (2079/80) compared to the previous year, while the imports increased by 155 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data, 77.86 metric tons of coffee worth Rs 134 million was exported from Nepal in the review year while 450 metric tons of coffee worth Rs 325.866 million was imported into the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In FY 2078/79, a total of 69.51 metric tons of coffee worth Rs 117 million was exported from Nepal. The data shows that 279.81 metric tons of coffee worth Rs 127.59 million was imported in that year. In the same year, coffee was cultivated on 3,343 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director of the board Dr Deepak Khanal said that the main reason for the unexpected increase in coffee imports is the rise in domestic consumption. According to him, recently the trend of drinking coffee in Nepal is developing as a culture, so the number of cafes and outlets has also increased rapidly.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The production of coffee could not increase in proportion to consumption, thus, encouraging imports," said Khanal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> According to Khanal, a large amount of coffee consumed in Nepal is imported from neighboring India. Recently, the price of coffee has also increased significantly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Earlier, the customs duty on coffee imports was 40%, but now it is 58%. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data of the board, even though the coffee plantation area is increasing in Nepal, the production is decreasing. In the year 2071/072, a total of 463 metric tons of coffee was produced in 2,381 hectares of land in Nepal. In the year 2079/80, only 394 metric tons have been produced on 3,655 hectares. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to director Khanal, one of the reasons for the failure to increase production compared to the area of coffee cultivation in Nepal is the lack of research on coffee varieties. According to him, only Arabica coffee has been cultivated in Nepal for years. He pointed out the need for research on whether other species can produce better. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After planting coffee, it takes 4 to 5 years to produce. As it takes a couple of years for production, it takes time to reap benefit even if the production area is increased.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19291', 'image' => '20231126015710_20221202013732_1669933354.Clipboard05.jpg', 'article_date' => '2023-11-26 13:55:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19562', 'article_category_id' => '1', 'title' => '43 Percent Farming Households in Madhes Province Struggle to Meet their Annual Food Requirement', 'sub_title' => '', 'summary' => 'November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the National Agriculture Census 2021, around 43 percent of farmers’ households in Madhesh Province are unable to meet their food requirement throughout the year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data released by the National Statistics Office recently shows that, 317,486 farmers’ households out of 738,340 residing in Madhesh Province have been facing inadequacy of food supply to meet their requirement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, 63.8 percent of the total population of 6,114,600 population (1,156,715 households) living in Madhesh Province are farmers’ households.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of the farmers are scattered in eight districts of the province and they cultivate on 492,497 hectares of land. Among them, only 57 percent of farmers meet their annual requirement of food from the products they cultivate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data show that most of the farming families are involved in subsistence agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Paddy is cultivated on 384,553 hectares of land Madhes Province while 247,609 hectares of land is used to cultivate wheat and corn is produced in 33,719 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, a total of 16.2 percent of farmers have taken loans for agriculture productions. Similarly, 3.7 percent have received government grants and 1.2 percent of farmers have purchased farm insurance policies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, 64.7 percent of the farmers use tractors for cultivation, 20.8 percent use iron plows and 4.7 percent use power tillers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Madhes Province, 85.8 percent of the farmers are men and 14.2 percent are women, while 30.1 percent of the farming families are involved in other economic activities in addition to agricultural work.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Land Management, Agriculture and Cooperatives of the province, Gobinda Bahadur Neupane, says that the farmers are facing problems due to lack of irrigation facility, delay in supply of fertilizers, and unfair distribution of subsidies.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19290', 'image' => '20231126011355_20201109032251_Clipboard02.jpg', 'article_date' => '2023-11-26 13:13:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19561', 'article_category_id' => '1', 'title' => 'Orange Farming up in Gandaki Province ', 'sub_title' => '', 'summary' => 'November 26: Gandaki Province has witnessed expansion of orange farming.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Gandaki Province has witnessed expansion of orange farming. The fruit was cultivated in 7,945 hectares of land two years ago, while it grew by 397 hectares of land last year, to reach 8,342 hectares. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the preliminary data, orange farming has been expanded by around 500 hectares of land this year, according to the Directorate of Agriculture Development, Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Directorate, Basudev Regmi, informed RSS that the area for orange farming is increasing every year but orange production has decreased this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Regmi shared that orange production decreased this year due to hailstone and disease. He further said 55,935 metric tonnes of orange was produced in Gandaki Province last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Directorate, oranges worth around Rs 2.79 billion was produced in the province last year. The citrus fruit is being cultivated in all districts of Gandaki Province except Mustang and Manang. The farming was done in 2,067 hectares of land in Syangja, 1,712 hectares in Tanahu, 1,082 hectares in Gorkha, 894 hectares in Kaski, 872 hectares in Parbat, 780 hectares in Myagdi, 622 hectares in Baglung, 172 hectares in Lamjung and 142 hectares in Nawalpur till last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The data of expansion of district-wise orange farming has not been received this year. The government has launched orange 'super zone', 'pocket' and 'block' programmes for the expansion and commercialization of orange farming in the province. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19289', 'image' => '20231126122652_KN_Damauli-suntalabotphoto.jpg', 'article_date' => '2023-11-26 12:25:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19560', 'article_category_id' => '1', 'title' => '80 Percent of GBV Includes Domestic Violence ', 'sub_title' => '', 'summary' => 'November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. According to the Nepal Police data, 53 per cent of the domestic violence is physical violence and 47 per cent is mental violence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the statistics released by the police under the 16-day campaign against violence against women that began on Saturday, the cases of VAW registered with the police also showed that 89 per cent of women and girls are subjected to violence by people known to them. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Senior Superintendent of Police of the Directorate of Women, Children and Senior Citizens Services Dr Manoj Kumar KC said it is unfortunate that the women and girls are being subjected to violence by people known to them and hence there is a need for active participation of the community to prevent it. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the data, 67 per cent of cases of domestic violence are between husband and wife. In the last one year, 16,519 cases of domestic violence and 4,394 cases of other gender-based violence have been registered with the police. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In terms of age group, 63 per cent of the victims are girls between 11 to 16 years old. Likewise, 38 per cent of the perpetrators are between 10 and 25 years old. Likewise, 50 per cent of violence was found to be committed by showing fear and threatening, 35 per cent by alluring with gifts and 14 per cent by promising to marry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Superintendent of Police at the Directorate Ranju Sigdel said that the data show that 89 per cent of the violence was committed by known people. This includes 12 per cent family members, nearly 23 per cent neighbors, and 0.46 percent teachers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19288', 'image' => '20231126112537_gvb.jpg', 'article_date' => '2023-11-26 11:24:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19559', 'article_category_id' => '1', 'title' => ' South Asian Int’l Book Fair Draws 25,000 Plus Visitors', 'sub_title' => '', 'summary' => 'November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The book fair organized by Nepal Books and Stationery Business and the Current Media and Research Centre was inaugurated by Prime Minister Pushpa Kamal Dahal on November 21. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Visitors were found purchasing new publications of Nepal and famous foreign books as well as books related to spirituality showcased in the fair having over 180 stalls, shared Rajendra Tiwari, the coordinator of the fair. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari claimed that it was for the first time in Nepal such an international level of book fair was organized. Participants included publishers, producers and distributors from over 15 countries including Nepal, India, China, Bangladesh, the USA and Egypt among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari said the objective of the event was to develop and promote reading culture and how to timely deliver books to the readers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seminars were organized alongside the fair where publishers, distributors and producers deliberated on the issues surrounding the culture of reading, national polices on books and school textbooks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers argued that it was imperative for the government to put in place infrastructures to promote the culture of reading and for that to happen, the organizers pointed out, the government should protect the publishers and writers alike. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Publication houses participating in the fair complained that the government did not consider discounts on the taxes and customs charges for the publishers and distributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers as well as the participants of the seminars had pressed for recognizing book publishing sector as an industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Minister Chhabilal Bishwakarma, who was one of the visitors of the fair, opined that the culture of reading should be developed and promoted regardless of technological advancement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Books such as 'Aaithan', 'Nirnayasindhu', 'Dharmasindhu' and "Himavat Khanda' and 'Rastra-Pararastra', a memoir of Dr Bhekh Bahadur Thapa, were among the bestsellers in the fair, said the publishers. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19287', 'image' => '20231126110315_20231125144619_IMG_9929.JPG', 'article_date' => '2023-11-26 11:02:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19558', 'article_category_id' => '1', 'title' => 'Birgunj Customs Office Collects Only 64% Revenue in First Four Months', 'sub_title' => '', 'summary' => ' In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the first four-month period of the current fiscal year, the Birgunj collected Rs 49 billion in revenue against its target of Rs 77 billion, according to information officer Ram Chandra Dhakal at the customs office. The revenue collection is just 63.64 percent of the total target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Customs office has collected a revenue of Rs 18 billion in four months as excise duty and Rs20 billion as value-added tax. The data show that internal revenue of Rs 3 billion was collected during this period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government removing controls on imports, customs officials say there has been no improvement in foreign trade. The high bank interest rates on loans and the lack of reforms in the economy have affected overall production and business in Nepal, said Ashok Kumar Temani, the President of the Madhes Province of Federation of Nepalese Chambers of Commerce and Industry. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Birgunj customs primarily imports fuel and raw materials for industries. Entrepreneurs and traders say that production and trade have fallen to 25/30 percentage. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the lifting of the restrictions imposed on the import of goods and commodities citing improvement in foreign exchange reserves, the foreign trade has not improved. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Decline on the trade has hit the revenue collection at the customs office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government adopting a policy of control in foreign trade since the last fiscal year's Ashoj, stating the pressure in the balance of payments, Bhansar reports that although there have been improvements in savings, there has been no improvement in business. Bhansar states that the impact of business will also be felt in revenue collection from Bhansar.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19286', 'image' => '20231126064407_collage (21).jpg', 'article_date' => '2023-11-26 06:42:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '19557', 'article_category_id' => '1', 'title' => 'Nepal’s Trade Deficit Exceeds Rs 460 Billion in First Four Months of Current FY', 'sub_title' => '', 'summary' => 'November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to data released by the Department of Customs, the country has a trade deficit of Rs 461.93 billion as of mid-November this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, the country's foreign trade volume during this period was over Rs 563 billion while the import volume was worth over Rs 50.56 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Comparing to the foreign trade with the data of the corresponding period in the last fiscal year, the import value went down by 3.79 percent, export by 7.68 percent, trade deficit by 3.34 percent and the overall foreign trade by 4.15 percent. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">India remains the largest trade partner of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the first four months of the current fiscal year, Nepal-India trade value stood at over Rs 347 billion, resulting in a trade deficit of over Rs 281 billion. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'trade, deficit, Nepal, India, import, export, foreign', 'description' => '', 'sortorder' => '19285', 'image' => '20231125092857_20220622075829_trade_imbalance.jpg', 'article_date' => '2023-11-25 09:28:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19556', 'article_category_id' => '1', 'title' => 'Nepal and ADB Sign Concessional Loan Agreement of over Rs 13 Billion', 'sub_title' => '', 'summary' => 'November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Secretary Krishna Hari Pushkar and Asian Development Bank’s Regional Country Director for Nepal Arnaud Cauchois signed the agreement to this effect at the Ministry of Finance on Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Public Finance Management and Strengthening Service Delivery are the major priorities of the government. This (concessional loan) would support in the implementation of restructuring public finance as well as in fiscal federalism," Finance Secretary Pushkar said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The finance secretary added that the government has been effortful to strengthen public finance management and public service delivery through various reformative measures through the current fiscal year's budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, ADB’s Regional Director Cauchois expressed his confidence that the loan would assist in making Nepal's financial system sustainable and make the government's periodic programmes more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the loan to be obtained from the ADB under this title was linked to Nepal's medium-term and long-term national plan to upgrade Nepal to middle-income country by 2030. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is a concessional loan obtained by Nepal for budgetary assistance. The first phase of the Public Finance Management and Strengthening Service Delivery has been implemented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The current loan is for the second phase of implementation, it was shared. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'ADB, Nepal, concessional, loan', 'description' => '', 'sortorder' => '19284', 'image' => '20231125092616_KRB_KTM-0U3A3542.jpg', 'article_date' => '2023-11-25 09:25:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19555', 'article_category_id' => '1', 'title' => 'Improvement in Foreign Trade did not Even Last One Month', 'sub_title' => '', 'summary' => 'November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. The foreign trade started increasing after mid-September, but decreased again within one month. According to the data released by the Department of Customs on Thursday, the foreign trade of the current year up to mid-October decreased by 4.15 percent compared to last year. As of mid-October last year, the country’s foreign trade in terms of monetary value stood at Rs 587.46 billion, while in the corresponding period of the current year; Nepal’s foreign trade was just worth Rs 563.6 billion. The country’s foreign trade has been affected due to the sharp decline in imports and exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">As of mid-October, the country’s imports stood at Rs 512.50 billion, while the export figure amounted to a meagre Rs 50.56 billion. Compared to the same period of last year, the import decreased by 3.79 percent and the export decreased by 7.68 percent. As of mid-November this year, imports worth Rs 147.4 billion and exports worth Rs 9.69 billion have been recorded. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Analysts said referring to Nepal Rastra Bank’s data that the country’s overall economy improved recently due to the improvement in external sector indicators mainly due to increase in volume of foreign trade. However, the country’s foreign trade took a nosedive within a month.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">After the pressure on foreign exchange reserves eased, the government opened import restrictions and NRB also reviewed its policy. However, the data of mid-November shows that there will be no improvement in foreign trade. According to the latest report of NRB, as of mid-November, the current account of the country is in a surplus of Rs 99.7 billion. The foreign currency reserve is Rs 1643.9 billion, which can cover the import of goods and services for 10.3 months. Similarly, bank deposits and loan investments have also increased.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-24', 'modified' => '2023-11-24', 'keywords' => '', 'description' => '', 'sortorder' => '19283', 'image' => '20231124041440_Trade.jpg', 'article_date' => '2023-11-24 16:13:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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' => '19569', 'article_category_id' => '1', 'title' => 'WHO says Misuse of Antibiotics Undermining Efficacy', 'sub_title' => '', 'summary' => 'November 27: Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization has warned.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">November 27: Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization has warned.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">WHO's European chapter conducted a study which showed that antibiotics were prescribed for things like common cold (24 percent of cases), flu-like symptoms (16 percent), a sore throat (21 percent) and a cough (18 percent).</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The survey was carried out in 14 countries, mostly in Eastern Europe and Central Asia.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"While AMR (antimicrobial resistance) is a natural phenomenon, the development and spread of superbugs are being accelerated by the misuse of antimicrobials, rendering infections more challenging to treat effectively" a statement said.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The WHO's European region comprises 53 countries, including several in Central Asia.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"All countries in our region have regulations in place to protect precious antibiotics from misuse... Enforcing these regulations would solve most antibiotic misuse," Robb Butler, director of WHO Europe's Division of Communicable Diseases, said in a statement.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">WHO warned that without immediate intervention, resistance to antimicrobials -- which includes antibiotics -- could lead to up to 10 million deaths a year by 2050.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">It cited incorrect prescription as a "cause for concern," adding that in all the 14 countries, a third of the roughly 8,200 people surveyed had taken antibiotics without a medical prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In some countries, over 40 percent of antibiotics were used without medical advice.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In contrast, an equivalent survey conducted in the European Union in 2022 showed that only eight percent of respondents took antibiotics without a prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The WHO also noted that there were severe gaps in people's knowledge about antibiotics, meaning they could be taking antibiotics for the wrong reason without realising it.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"This research clearly shows the need for education and awareness raising," Butler said. – AFP/RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-27', 'modified' => '2023-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '19297', 'image' => '20231127113116_20230707120641_skynews-antibiotics-drugs_5632415.jpg', 'article_date' => '2023-11-27 11:30:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19567', 'article_category_id' => '1', 'title' => 'Nepal Gears Up for Third Investment Summit on April 21-22 ', 'sub_title' => '', 'summary' => 'November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Dr Prakash Sharan Mahat, preparations are underway to hold the summit in the scheduled date. The very first meeting of the summit's steering committee coordinated by the finance minister was held on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Talking to media persons after the meeting, Finance Minister Mahat said the summit aims not to only attract foreign investment but also to encourage the mobilisation of domestic investment and investment from non-resident Nepali community. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Nepali embassies abroad will be mobilised for facilitating the hosting of the summit," said Mahat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Two committees have been formed to make preparation for the summit: an implementation committee led by the chief secretary and a technical committee led by the secretary at the Ministry of Industry, Commerce, and Supplies. The summit's secretariat will be located at the Office of the Investment Board. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During Sunday’s meeting, Minister Mahat directed the concerned authorities to make preparations for identifying the 'projects of showcase' to be highlighted in the summit. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => 'Nepal, investment, summit, Mahat, Prakash, Sharan', 'description' => '', 'sortorder' => '19296', 'image' => '20231126113943_20190307120527_Clipboard24.jpg', 'article_date' => '2023-11-26 23:38:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19568', 'article_category_id' => '1', 'title' => 'Ancient Relics Found in Ramgram ', 'sub_title' => '', 'summary' => 'November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remnants of the stupa that houses one of the astadhatu (relics) of Lord Gautam Buddha were spotted during excavation, according to the Lumbini Development Trust. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Organizing a press meet in collaboration with Ramgram Municipality on Sunday, the Trust appraised about the findings of the extraction that began since November 1 this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remains of various bricks of the stupa and a pond were unearthed by the experts and archeologists, according to the Robin Coningham, advisor to the UNESCO and professor of the Durham University in the UK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini is the birthplace of Siddhartha Gautam who was born in 623 BC on the full moon day of the Nepali month Baishakh. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Professor Coningham, the Ramgram area still possesses a lot of ancient structures that remain to be retrieved. Some geophysical surveys had been conducted in the stupa area before. The latest findings were unearthed after the excavation based on the same geophysical survey, informed Prof Coningham. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Ram Bahadur Kunwar, spokesperson for the Department of Archeology, shared that the period of those remains would be determined after further examination. He pledged to continue with the excavation in coming days. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Experts and archeologists involved in the excavation have drawn attention of the all concerned to preserve the ancient structures that are around the stupa. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Ramgram Municipality’s Mayor Dhanpati Yadav called for developing Ramgram Stupa area under the Master Plan of the Trust. Mayor Yadav informed that his municipality had allocated Rs 2 million for the development and promotion of Ramgram Stupa. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19295', 'image' => '20231126114214_sddefault.jpg', 'article_date' => '2023-11-26 23:41:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19566', 'article_category_id' => '1', 'title' => 'NEPSE Surges by 47.75 Points to Settle at 1907.95', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Analysts and seasoned investors suggest that the market, which tested points near 1800 many times, is poised for further growth. They anticipate increased investor activity in the coming days.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's session, 294 different stocks were traded in 66,516 transactions, resulting in a total turnover of Rs. 2.01 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chhyangdi Hydropower Ltd. (CHL) and Bhagawati Hydropower Development Company Limited (BGWT) emerged as the top gainers, each experiencing a 10% increase.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Conversely, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) and NMB Sulav Investment Fund - 2 (NSIF2) incurred the highest losses, both declining by 2.47%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">All sector indexes closed in the green today, with "Life Insurance" leading the gains at 4.44%, while "Mutual Fund" recorded the least gain at 1.41%.</span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19294', 'image' => '20231126052148_collage (8).jpg', 'article_date' => '2023-11-26 17:20:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19565', 'article_category_id' => '1', 'title' => 'Dabur Nepal Contributes Rs 2.5 Million to Earthquake Victims', 'sub_title' => '', 'summary' => 'Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Expressing deep sorrow for the lives lost and a sincere desire for the swift recovery of the injured, Dabur Nepal said that it stood in solidarity with the affected communities during this challenging time in Jajrkot and Rukum West.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The donation amount was officially handed over to Prime Minister Pushpa Kamal Dahal by Ishori Rana, Chairperson of Dabur Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The monetary contribution reflects Dabur Nepal's commitment to supporting those in need and underscores their dedication to aiding the earthquake-affected districts. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19293', 'image' => '20231126040334_collage (7).jpg', 'article_date' => '2023-11-26 16:01:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19564', 'article_category_id' => '1', 'title' => 'Blacktopping Commences on Beni-Galeshwar Section of Kaligandaki Corridor', 'sub_title' => '', 'summary' => 'November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The laying of bitumen has started from Saturday in the Beni-Galeshwar section Ward No 9 in Galeshwar to Ward No 8 Kalipul of Beni Municipality-8. The road falls under the Beni-Jomsom-Korala road of the Kaligandaki corridor. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">After this road is blacktopped it will be easy for the residents of Raghuganga and Annapurna Rural Municipality, Mustang and tourists to travel to Manang and Mustang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Mayor of Beni Municipality, Surat KC, said that regular monitoring, inspection and coordination have been done to complete this road section, which is the entrance to Muktinath. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Office of Beni-Jomsom-Korala road project, the construction of seven packages of Beni-Jomsom-Korala road with a distance of 202 km has been completed. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19292', 'image' => '20231126033430_black.jpg', 'article_date' => '2023-11-26 15:33:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19563', 'article_category_id' => '1', 'title' => 'Coffee Imports up by 155%, Exports Increases by 11%', 'sub_title' => '', 'summary' => 'November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As a result, the import of foreign coffee has been increasing every year while the export of coffee produced in Nepal remains negligible comparatively. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest data provided by the National Tea and Coffee Development Board, coffee exports increased by 11 percent in the fiscal year (2079/80) compared to the previous year, while the imports increased by 155 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data, 77.86 metric tons of coffee worth Rs 134 million was exported from Nepal in the review year while 450 metric tons of coffee worth Rs 325.866 million was imported into the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In FY 2078/79, a total of 69.51 metric tons of coffee worth Rs 117 million was exported from Nepal. The data shows that 279.81 metric tons of coffee worth Rs 127.59 million was imported in that year. In the same year, coffee was cultivated on 3,343 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director of the board Dr Deepak Khanal said that the main reason for the unexpected increase in coffee imports is the rise in domestic consumption. According to him, recently the trend of drinking coffee in Nepal is developing as a culture, so the number of cafes and outlets has also increased rapidly.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The production of coffee could not increase in proportion to consumption, thus, encouraging imports," said Khanal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> According to Khanal, a large amount of coffee consumed in Nepal is imported from neighboring India. Recently, the price of coffee has also increased significantly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Earlier, the customs duty on coffee imports was 40%, but now it is 58%. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data of the board, even though the coffee plantation area is increasing in Nepal, the production is decreasing. In the year 2071/072, a total of 463 metric tons of coffee was produced in 2,381 hectares of land in Nepal. In the year 2079/80, only 394 metric tons have been produced on 3,655 hectares. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to director Khanal, one of the reasons for the failure to increase production compared to the area of coffee cultivation in Nepal is the lack of research on coffee varieties. According to him, only Arabica coffee has been cultivated in Nepal for years. He pointed out the need for research on whether other species can produce better. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After planting coffee, it takes 4 to 5 years to produce. As it takes a couple of years for production, it takes time to reap benefit even if the production area is increased.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19291', 'image' => '20231126015710_20221202013732_1669933354.Clipboard05.jpg', 'article_date' => '2023-11-26 13:55:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19562', 'article_category_id' => '1', 'title' => '43 Percent Farming Households in Madhes Province Struggle to Meet their Annual Food Requirement', 'sub_title' => '', 'summary' => 'November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the National Agriculture Census 2021, around 43 percent of farmers’ households in Madhesh Province are unable to meet their food requirement throughout the year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data released by the National Statistics Office recently shows that, 317,486 farmers’ households out of 738,340 residing in Madhesh Province have been facing inadequacy of food supply to meet their requirement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, 63.8 percent of the total population of 6,114,600 population (1,156,715 households) living in Madhesh Province are farmers’ households.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of the farmers are scattered in eight districts of the province and they cultivate on 492,497 hectares of land. Among them, only 57 percent of farmers meet their annual requirement of food from the products they cultivate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data show that most of the farming families are involved in subsistence agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Paddy is cultivated on 384,553 hectares of land Madhes Province while 247,609 hectares of land is used to cultivate wheat and corn is produced in 33,719 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, a total of 16.2 percent of farmers have taken loans for agriculture productions. Similarly, 3.7 percent have received government grants and 1.2 percent of farmers have purchased farm insurance policies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, 64.7 percent of the farmers use tractors for cultivation, 20.8 percent use iron plows and 4.7 percent use power tillers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Madhes Province, 85.8 percent of the farmers are men and 14.2 percent are women, while 30.1 percent of the farming families are involved in other economic activities in addition to agricultural work.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Land Management, Agriculture and Cooperatives of the province, Gobinda Bahadur Neupane, says that the farmers are facing problems due to lack of irrigation facility, delay in supply of fertilizers, and unfair distribution of subsidies.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19290', 'image' => '20231126011355_20201109032251_Clipboard02.jpg', 'article_date' => '2023-11-26 13:13:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19561', 'article_category_id' => '1', 'title' => 'Orange Farming up in Gandaki Province ', 'sub_title' => '', 'summary' => 'November 26: Gandaki Province has witnessed expansion of orange farming.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Gandaki Province has witnessed expansion of orange farming. The fruit was cultivated in 7,945 hectares of land two years ago, while it grew by 397 hectares of land last year, to reach 8,342 hectares. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the preliminary data, orange farming has been expanded by around 500 hectares of land this year, according to the Directorate of Agriculture Development, Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Directorate, Basudev Regmi, informed RSS that the area for orange farming is increasing every year but orange production has decreased this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Regmi shared that orange production decreased this year due to hailstone and disease. He further said 55,935 metric tonnes of orange was produced in Gandaki Province last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Directorate, oranges worth around Rs 2.79 billion was produced in the province last year. The citrus fruit is being cultivated in all districts of Gandaki Province except Mustang and Manang. The farming was done in 2,067 hectares of land in Syangja, 1,712 hectares in Tanahu, 1,082 hectares in Gorkha, 894 hectares in Kaski, 872 hectares in Parbat, 780 hectares in Myagdi, 622 hectares in Baglung, 172 hectares in Lamjung and 142 hectares in Nawalpur till last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The data of expansion of district-wise orange farming has not been received this year. The government has launched orange 'super zone', 'pocket' and 'block' programmes for the expansion and commercialization of orange farming in the province. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19289', 'image' => '20231126122652_KN_Damauli-suntalabotphoto.jpg', 'article_date' => '2023-11-26 12:25:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19560', 'article_category_id' => '1', 'title' => '80 Percent of GBV Includes Domestic Violence ', 'sub_title' => '', 'summary' => 'November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. According to the Nepal Police data, 53 per cent of the domestic violence is physical violence and 47 per cent is mental violence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the statistics released by the police under the 16-day campaign against violence against women that began on Saturday, the cases of VAW registered with the police also showed that 89 per cent of women and girls are subjected to violence by people known to them. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Senior Superintendent of Police of the Directorate of Women, Children and Senior Citizens Services Dr Manoj Kumar KC said it is unfortunate that the women and girls are being subjected to violence by people known to them and hence there is a need for active participation of the community to prevent it. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the data, 67 per cent of cases of domestic violence are between husband and wife. In the last one year, 16,519 cases of domestic violence and 4,394 cases of other gender-based violence have been registered with the police. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In terms of age group, 63 per cent of the victims are girls between 11 to 16 years old. Likewise, 38 per cent of the perpetrators are between 10 and 25 years old. Likewise, 50 per cent of violence was found to be committed by showing fear and threatening, 35 per cent by alluring with gifts and 14 per cent by promising to marry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Superintendent of Police at the Directorate Ranju Sigdel said that the data show that 89 per cent of the violence was committed by known people. This includes 12 per cent family members, nearly 23 per cent neighbors, and 0.46 percent teachers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19288', 'image' => '20231126112537_gvb.jpg', 'article_date' => '2023-11-26 11:24:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19559', 'article_category_id' => '1', 'title' => ' South Asian Int’l Book Fair Draws 25,000 Plus Visitors', 'sub_title' => '', 'summary' => 'November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The book fair organized by Nepal Books and Stationery Business and the Current Media and Research Centre was inaugurated by Prime Minister Pushpa Kamal Dahal on November 21. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Visitors were found purchasing new publications of Nepal and famous foreign books as well as books related to spirituality showcased in the fair having over 180 stalls, shared Rajendra Tiwari, the coordinator of the fair. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari claimed that it was for the first time in Nepal such an international level of book fair was organized. Participants included publishers, producers and distributors from over 15 countries including Nepal, India, China, Bangladesh, the USA and Egypt among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari said the objective of the event was to develop and promote reading culture and how to timely deliver books to the readers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seminars were organized alongside the fair where publishers, distributors and producers deliberated on the issues surrounding the culture of reading, national polices on books and school textbooks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers argued that it was imperative for the government to put in place infrastructures to promote the culture of reading and for that to happen, the organizers pointed out, the government should protect the publishers and writers alike. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Publication houses participating in the fair complained that the government did not consider discounts on the taxes and customs charges for the publishers and distributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers as well as the participants of the seminars had pressed for recognizing book publishing sector as an industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Minister Chhabilal Bishwakarma, who was one of the visitors of the fair, opined that the culture of reading should be developed and promoted regardless of technological advancement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Books such as 'Aaithan', 'Nirnayasindhu', 'Dharmasindhu' and "Himavat Khanda' and 'Rastra-Pararastra', a memoir of Dr Bhekh Bahadur Thapa, were among the bestsellers in the fair, said the publishers. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19287', 'image' => '20231126110315_20231125144619_IMG_9929.JPG', 'article_date' => '2023-11-26 11:02:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19558', 'article_category_id' => '1', 'title' => 'Birgunj Customs Office Collects Only 64% Revenue in First Four Months', 'sub_title' => '', 'summary' => ' In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the first four-month period of the current fiscal year, the Birgunj collected Rs 49 billion in revenue against its target of Rs 77 billion, according to information officer Ram Chandra Dhakal at the customs office. The revenue collection is just 63.64 percent of the total target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Customs office has collected a revenue of Rs 18 billion in four months as excise duty and Rs20 billion as value-added tax. The data show that internal revenue of Rs 3 billion was collected during this period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government removing controls on imports, customs officials say there has been no improvement in foreign trade. The high bank interest rates on loans and the lack of reforms in the economy have affected overall production and business in Nepal, said Ashok Kumar Temani, the President of the Madhes Province of Federation of Nepalese Chambers of Commerce and Industry. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Birgunj customs primarily imports fuel and raw materials for industries. Entrepreneurs and traders say that production and trade have fallen to 25/30 percentage. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the lifting of the restrictions imposed on the import of goods and commodities citing improvement in foreign exchange reserves, the foreign trade has not improved. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Decline on the trade has hit the revenue collection at the customs office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government adopting a policy of control in foreign trade since the last fiscal year's Ashoj, stating the pressure in the balance of payments, Bhansar reports that although there have been improvements in savings, there has been no improvement in business. Bhansar states that the impact of business will also be felt in revenue collection from Bhansar.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19286', 'image' => '20231126064407_collage (21).jpg', 'article_date' => '2023-11-26 06:42:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '19557', 'article_category_id' => '1', 'title' => 'Nepal’s Trade Deficit Exceeds Rs 460 Billion in First Four Months of Current FY', 'sub_title' => '', 'summary' => 'November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to data released by the Department of Customs, the country has a trade deficit of Rs 461.93 billion as of mid-November this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, the country's foreign trade volume during this period was over Rs 563 billion while the import volume was worth over Rs 50.56 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Comparing to the foreign trade with the data of the corresponding period in the last fiscal year, the import value went down by 3.79 percent, export by 7.68 percent, trade deficit by 3.34 percent and the overall foreign trade by 4.15 percent. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">India remains the largest trade partner of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the first four months of the current fiscal year, Nepal-India trade value stood at over Rs 347 billion, resulting in a trade deficit of over Rs 281 billion. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'trade, deficit, Nepal, India, import, export, foreign', 'description' => '', 'sortorder' => '19285', 'image' => '20231125092857_20220622075829_trade_imbalance.jpg', 'article_date' => '2023-11-25 09:28:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19556', 'article_category_id' => '1', 'title' => 'Nepal and ADB Sign Concessional Loan Agreement of over Rs 13 Billion', 'sub_title' => '', 'summary' => 'November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Secretary Krishna Hari Pushkar and Asian Development Bank’s Regional Country Director for Nepal Arnaud Cauchois signed the agreement to this effect at the Ministry of Finance on Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Public Finance Management and Strengthening Service Delivery are the major priorities of the government. This (concessional loan) would support in the implementation of restructuring public finance as well as in fiscal federalism," Finance Secretary Pushkar said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The finance secretary added that the government has been effortful to strengthen public finance management and public service delivery through various reformative measures through the current fiscal year's budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, ADB’s Regional Director Cauchois expressed his confidence that the loan would assist in making Nepal's financial system sustainable and make the government's periodic programmes more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the loan to be obtained from the ADB under this title was linked to Nepal's medium-term and long-term national plan to upgrade Nepal to middle-income country by 2030. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is a concessional loan obtained by Nepal for budgetary assistance. The first phase of the Public Finance Management and Strengthening Service Delivery has been implemented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The current loan is for the second phase of implementation, it was shared. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'ADB, Nepal, concessional, loan', 'description' => '', 'sortorder' => '19284', 'image' => '20231125092616_KRB_KTM-0U3A3542.jpg', 'article_date' => '2023-11-25 09:25:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19555', 'article_category_id' => '1', 'title' => 'Improvement in Foreign Trade did not Even Last One Month', 'sub_title' => '', 'summary' => 'November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. The foreign trade started increasing after mid-September, but decreased again within one month. According to the data released by the Department of Customs on Thursday, the foreign trade of the current year up to mid-October decreased by 4.15 percent compared to last year. As of mid-October last year, the country’s foreign trade in terms of monetary value stood at Rs 587.46 billion, while in the corresponding period of the current year; Nepal’s foreign trade was just worth Rs 563.6 billion. The country’s foreign trade has been affected due to the sharp decline in imports and exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">As of mid-October, the country’s imports stood at Rs 512.50 billion, while the export figure amounted to a meagre Rs 50.56 billion. Compared to the same period of last year, the import decreased by 3.79 percent and the export decreased by 7.68 percent. As of mid-November this year, imports worth Rs 147.4 billion and exports worth Rs 9.69 billion have been recorded. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Analysts said referring to Nepal Rastra Bank’s data that the country’s overall economy improved recently due to the improvement in external sector indicators mainly due to increase in volume of foreign trade. However, the country’s foreign trade took a nosedive within a month.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">After the pressure on foreign exchange reserves eased, the government opened import restrictions and NRB also reviewed its policy. However, the data of mid-November shows that there will be no improvement in foreign trade. According to the latest report of NRB, as of mid-November, the current account of the country is in a surplus of Rs 99.7 billion. The foreign currency reserve is Rs 1643.9 billion, which can cover the import of goods and services for 10.3 months. Similarly, bank deposits and loan investments have also increased.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-24', 'modified' => '2023-11-24', 'keywords' => '', 'description' => '', 'sortorder' => '19283', 'image' => '20231124041440_Trade.jpg', 'article_date' => '2023-11-24 16:13:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Enforcing these regulations would solve most antibiotic misuse," Robb Butler, director of WHO Europe's Division of Communicable Diseases, said in a statement.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">WHO warned that without immediate intervention, resistance to antimicrobials -- which includes antibiotics -- could lead to up to 10 million deaths a year by 2050.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">It cited incorrect prescription as a "cause for concern," adding that in all the 14 countries, a third of the roughly 8,200 people surveyed had taken antibiotics without a medical prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In some countries, over 40 percent of antibiotics were used without medical advice.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">In contrast, an equivalent survey conducted in the European Union in 2022 showed that only eight percent of respondents took antibiotics without a prescription.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">The WHO also noted that there were severe gaps in people's knowledge about antibiotics, meaning they could be taking antibiotics for the wrong reason without realising it.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-family:"Verdana","sans-serif"">"This research clearly shows the need for education and awareness raising," Butler said. – AFP/RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-27', 'modified' => '2023-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '19297', 'image' => '20231127113116_20230707120641_skynews-antibiotics-drugs_5632415.jpg', 'article_date' => '2023-11-27 11:30:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19567', 'article_category_id' => '1', 'title' => 'Nepal Gears Up for Third Investment Summit on April 21-22 ', 'sub_title' => '', 'summary' => 'November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The government has announced its plans to organise the Third Investment Summit on upcoming April 21-22 in Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Dr Prakash Sharan Mahat, preparations are underway to hold the summit in the scheduled date. The very first meeting of the summit's steering committee coordinated by the finance minister was held on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Talking to media persons after the meeting, Finance Minister Mahat said the summit aims not to only attract foreign investment but also to encourage the mobilisation of domestic investment and investment from non-resident Nepali community. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"Nepali embassies abroad will be mobilised for facilitating the hosting of the summit," said Mahat. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Two committees have been formed to make preparation for the summit: an implementation committee led by the chief secretary and a technical committee led by the secretary at the Ministry of Industry, Commerce, and Supplies. The summit's secretariat will be located at the Office of the Investment Board. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During Sunday’s meeting, Minister Mahat directed the concerned authorities to make preparations for identifying the 'projects of showcase' to be highlighted in the summit. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => 'Nepal, investment, summit, Mahat, Prakash, Sharan', 'description' => '', 'sortorder' => '19296', 'image' => '20231126113943_20190307120527_Clipboard24.jpg', 'article_date' => '2023-11-26 23:38:49', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19568', 'article_category_id' => '1', 'title' => 'Ancient Relics Found in Ramgram ', 'sub_title' => '', 'summary' => 'November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Remains of ancient Ramgram Stupa have been found at Ujaini of Ramgram municipality-7 in Nawalparashi West. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remnants of the stupa that houses one of the astadhatu (relics) of Lord Gautam Buddha were spotted during excavation, according to the Lumbini Development Trust. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Organizing a press meet in collaboration with Ramgram Municipality on Sunday, the Trust appraised about the findings of the extraction that began since November 1 this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Remains of various bricks of the stupa and a pond were unearthed by the experts and archeologists, according to the Robin Coningham, advisor to the UNESCO and professor of the Durham University in the UK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini is the birthplace of Siddhartha Gautam who was born in 623 BC on the full moon day of the Nepali month Baishakh. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Professor Coningham, the Ramgram area still possesses a lot of ancient structures that remain to be retrieved. Some geophysical surveys had been conducted in the stupa area before. The latest findings were unearthed after the excavation based on the same geophysical survey, informed Prof Coningham. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Ram Bahadur Kunwar, spokesperson for the Department of Archeology, shared that the period of those remains would be determined after further examination. He pledged to continue with the excavation in coming days. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Experts and archeologists involved in the excavation have drawn attention of the all concerned to preserve the ancient structures that are around the stupa. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Ramgram Municipality’s Mayor Dhanpati Yadav called for developing Ramgram Stupa area under the Master Plan of the Trust. Mayor Yadav informed that his municipality had allocated Rs 2 million for the development and promotion of Ramgram Stupa. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19295', 'image' => '20231126114214_sddefault.jpg', 'article_date' => '2023-11-26 23:41:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19566', 'article_category_id' => '1', 'title' => 'NEPSE Surges by 47.75 Points to Settle at 1907.95', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: The Nepal Stock Exchange (NEPSE) witnessed a significant gain of 47.75 points or 2.56%, closing at 1907.95 points on the first trading day of the week, Sunday. The market's upward momentum has led to a turnover exceeding Rs 2 billion over the last two months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Analysts and seasoned investors suggest that the market, which tested points near 1800 many times, is poised for further growth. They anticipate increased investor activity in the coming days.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's session, 294 different stocks were traded in 66,516 transactions, resulting in a total turnover of Rs. 2.01 billion. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chhyangdi Hydropower Ltd. (CHL) and Bhagawati Hydropower Development Company Limited (BGWT) emerged as the top gainers, each experiencing a 10% increase.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Conversely, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) and NMB Sulav Investment Fund - 2 (NSIF2) incurred the highest losses, both declining by 2.47%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">All sector indexes closed in the green today, with "Life Insurance" leading the gains at 4.44%, while "Mutual Fund" recorded the least gain at 1.41%.</span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19294', 'image' => '20231126052148_collage (8).jpg', 'article_date' => '2023-11-26 17:20:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19565', 'article_category_id' => '1', 'title' => 'Dabur Nepal Contributes Rs 2.5 Million to Earthquake Victims', 'sub_title' => '', 'summary' => 'Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: Dabur Nepal has extended a helping hand to the victims of the recent earthquake by presenting a cheque of Rs 2.5 million to the Prime Minister Disaster Relief Fund. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Expressing deep sorrow for the lives lost and a sincere desire for the swift recovery of the injured, Dabur Nepal said that it stood in solidarity with the affected communities during this challenging time in Jajrkot and Rukum West.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The donation amount was officially handed over to Prime Minister Pushpa Kamal Dahal by Ishori Rana, Chairperson of Dabur Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The monetary contribution reflects Dabur Nepal's commitment to supporting those in need and underscores their dedication to aiding the earthquake-affected districts. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19293', 'image' => '20231126040334_collage (7).jpg', 'article_date' => '2023-11-26 16:01:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19564', 'article_category_id' => '1', 'title' => 'Blacktopping Commences on Beni-Galeshwar Section of Kaligandaki Corridor', 'sub_title' => '', 'summary' => 'November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The Beni-Galeshwar section of the Kaligandaki Corridor road project is being blacktopped. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The laying of bitumen has started from Saturday in the Beni-Galeshwar section Ward No 9 in Galeshwar to Ward No 8 Kalipul of Beni Municipality-8. The road falls under the Beni-Jomsom-Korala road of the Kaligandaki corridor. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">After this road is blacktopped it will be easy for the residents of Raghuganga and Annapurna Rural Municipality, Mustang and tourists to travel to Manang and Mustang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> Mayor of Beni Municipality, Surat KC, said that regular monitoring, inspection and coordination have been done to complete this road section, which is the entrance to Muktinath. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Office of Beni-Jomsom-Korala road project, the construction of seven packages of Beni-Jomsom-Korala road with a distance of 202 km has been completed. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19292', 'image' => '20231126033430_black.jpg', 'article_date' => '2023-11-26 15:33:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19563', 'article_category_id' => '1', 'title' => 'Coffee Imports up by 155%, Exports Increases by 11%', 'sub_title' => '', 'summary' => 'November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: There has been a substantial increase in the number of coffee consumers in Nepal due to the development of coffee culture in the country in recent years. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As a result, the import of foreign coffee has been increasing every year while the export of coffee produced in Nepal remains negligible comparatively. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the latest data provided by the National Tea and Coffee Development Board, coffee exports increased by 11 percent in the fiscal year (2079/80) compared to the previous year, while the imports increased by 155 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data, 77.86 metric tons of coffee worth Rs 134 million was exported from Nepal in the review year while 450 metric tons of coffee worth Rs 325.866 million was imported into the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In FY 2078/79, a total of 69.51 metric tons of coffee worth Rs 117 million was exported from Nepal. The data shows that 279.81 metric tons of coffee worth Rs 127.59 million was imported in that year. In the same year, coffee was cultivated on 3,343 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Director of the board Dr Deepak Khanal said that the main reason for the unexpected increase in coffee imports is the rise in domestic consumption. According to him, recently the trend of drinking coffee in Nepal is developing as a culture, so the number of cafes and outlets has also increased rapidly.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The production of coffee could not increase in proportion to consumption, thus, encouraging imports," said Khanal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> According to Khanal, a large amount of coffee consumed in Nepal is imported from neighboring India. Recently, the price of coffee has also increased significantly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Earlier, the customs duty on coffee imports was 40%, but now it is 58%. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the data of the board, even though the coffee plantation area is increasing in Nepal, the production is decreasing. In the year 2071/072, a total of 463 metric tons of coffee was produced in 2,381 hectares of land in Nepal. In the year 2079/80, only 394 metric tons have been produced on 3,655 hectares. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to director Khanal, one of the reasons for the failure to increase production compared to the area of coffee cultivation in Nepal is the lack of research on coffee varieties. According to him, only Arabica coffee has been cultivated in Nepal for years. He pointed out the need for research on whether other species can produce better. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After planting coffee, it takes 4 to 5 years to produce. As it takes a couple of years for production, it takes time to reap benefit even if the production area is increased.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19291', 'image' => '20231126015710_20221202013732_1669933354.Clipboard05.jpg', 'article_date' => '2023-11-26 13:55:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19562', 'article_category_id' => '1', 'title' => '43 Percent Farming Households in Madhes Province Struggle to Meet their Annual Food Requirement', 'sub_title' => '', 'summary' => 'November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 26: Madhes Province, which is known as the ‘food basket’ of Nepal, is grappling with food insecurity, especially within the farming families that grow food in the southern plains of the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the National Agriculture Census 2021, around 43 percent of farmers’ households in Madhesh Province are unable to meet their food requirement throughout the year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data released by the National Statistics Office recently shows that, 317,486 farmers’ households out of 738,340 residing in Madhesh Province have been facing inadequacy of food supply to meet their requirement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, 63.8 percent of the total population of 6,114,600 population (1,156,715 households) living in Madhesh Province are farmers’ households.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of the farmers are scattered in eight districts of the province and they cultivate on 492,497 hectares of land. Among them, only 57 percent of farmers meet their annual requirement of food from the products they cultivate.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The data show that most of the farming families are involved in subsistence agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Paddy is cultivated on 384,553 hectares of land Madhes Province while 247,609 hectares of land is used to cultivate wheat and corn is produced in 33,719 hectares of land.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the census report, a total of 16.2 percent of farmers have taken loans for agriculture productions. Similarly, 3.7 percent have received government grants and 1.2 percent of farmers have purchased farm insurance policies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, 64.7 percent of the farmers use tractors for cultivation, 20.8 percent use iron plows and 4.7 percent use power tillers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Madhes Province, 85.8 percent of the farmers are men and 14.2 percent are women, while 30.1 percent of the farming families are involved in other economic activities in addition to agricultural work.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister for Land Management, Agriculture and Cooperatives of the province, Gobinda Bahadur Neupane, says that the farmers are facing problems due to lack of irrigation facility, delay in supply of fertilizers, and unfair distribution of subsidies.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19290', 'image' => '20231126011355_20201109032251_Clipboard02.jpg', 'article_date' => '2023-11-26 13:13:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19561', 'article_category_id' => '1', 'title' => 'Orange Farming up in Gandaki Province ', 'sub_title' => '', 'summary' => 'November 26: Gandaki Province has witnessed expansion of orange farming.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Gandaki Province has witnessed expansion of orange farming. The fruit was cultivated in 7,945 hectares of land two years ago, while it grew by 397 hectares of land last year, to reach 8,342 hectares. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the preliminary data, orange farming has been expanded by around 500 hectares of land this year, according to the Directorate of Agriculture Development, Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Directorate, Basudev Regmi, informed RSS that the area for orange farming is increasing every year but orange production has decreased this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Regmi shared that orange production decreased this year due to hailstone and disease. He further said 55,935 metric tonnes of orange was produced in Gandaki Province last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Directorate, oranges worth around Rs 2.79 billion was produced in the province last year. The citrus fruit is being cultivated in all districts of Gandaki Province except Mustang and Manang. The farming was done in 2,067 hectares of land in Syangja, 1,712 hectares in Tanahu, 1,082 hectares in Gorkha, 894 hectares in Kaski, 872 hectares in Parbat, 780 hectares in Myagdi, 622 hectares in Baglung, 172 hectares in Lamjung and 142 hectares in Nawalpur till last year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The data of expansion of district-wise orange farming has not been received this year. The government has launched orange 'super zone', 'pocket' and 'block' programmes for the expansion and commercialization of orange farming in the province. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19289', 'image' => '20231126122652_KN_Damauli-suntalabotphoto.jpg', 'article_date' => '2023-11-26 12:25:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19560', 'article_category_id' => '1', 'title' => '80 Percent of GBV Includes Domestic Violence ', 'sub_title' => '', 'summary' => 'November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: Eighty percent of the gender-based violence recorded in the country are found to be cases of domestic violence. According to the Nepal Police data, 53 per cent of the domestic violence is physical violence and 47 per cent is mental violence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the statistics released by the police under the 16-day campaign against violence against women that began on Saturday, the cases of VAW registered with the police also showed that 89 per cent of women and girls are subjected to violence by people known to them. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Senior Superintendent of Police of the Directorate of Women, Children and Senior Citizens Services Dr Manoj Kumar KC said it is unfortunate that the women and girls are being subjected to violence by people known to them and hence there is a need for active participation of the community to prevent it. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the data, 67 per cent of cases of domestic violence are between husband and wife. In the last one year, 16,519 cases of domestic violence and 4,394 cases of other gender-based violence have been registered with the police. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In terms of age group, 63 per cent of the victims are girls between 11 to 16 years old. Likewise, 38 per cent of the perpetrators are between 10 and 25 years old. Likewise, 50 per cent of violence was found to be committed by showing fear and threatening, 35 per cent by alluring with gifts and 14 per cent by promising to marry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Superintendent of Police at the Directorate Ranju Sigdel said that the data show that 89 per cent of the violence was committed by known people. This includes 12 per cent family members, nearly 23 per cent neighbors, and 0.46 percent teachers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19288', 'image' => '20231126112537_gvb.jpg', 'article_date' => '2023-11-26 11:24:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19559', 'article_category_id' => '1', 'title' => ' South Asian Int’l Book Fair Draws 25,000 Plus Visitors', 'sub_title' => '', 'summary' => 'November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 26: The South Asian International Book Fair 2023 held at the Exhibition Hall in Bhrikutimandap, Kathmandu, concluded on Saturday, attracting as many as 25,000 visitors, according to the organizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The book fair organized by Nepal Books and Stationery Business and the Current Media and Research Centre was inaugurated by Prime Minister Pushpa Kamal Dahal on November 21. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Visitors were found purchasing new publications of Nepal and famous foreign books as well as books related to spirituality showcased in the fair having over 180 stalls, shared Rajendra Tiwari, the coordinator of the fair. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari claimed that it was for the first time in Nepal such an international level of book fair was organized. Participants included publishers, producers and distributors from over 15 countries including Nepal, India, China, Bangladesh, the USA and Egypt among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tiwari said the objective of the event was to develop and promote reading culture and how to timely deliver books to the readers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seminars were organized alongside the fair where publishers, distributors and producers deliberated on the issues surrounding the culture of reading, national polices on books and school textbooks. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers argued that it was imperative for the government to put in place infrastructures to promote the culture of reading and for that to happen, the organizers pointed out, the government should protect the publishers and writers alike. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Publication houses participating in the fair complained that the government did not consider discounts on the taxes and customs charges for the publishers and distributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The organizers as well as the participants of the seminars had pressed for recognizing book publishing sector as an industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Minister Chhabilal Bishwakarma, who was one of the visitors of the fair, opined that the culture of reading should be developed and promoted regardless of technological advancement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Books such as 'Aaithan', 'Nirnayasindhu', 'Dharmasindhu' and "Himavat Khanda' and 'Rastra-Pararastra', a memoir of Dr Bhekh Bahadur Thapa, were among the bestsellers in the fair, said the publishers. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19287', 'image' => '20231126110315_20231125144619_IMG_9929.JPG', 'article_date' => '2023-11-26 11:02:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19558', 'article_category_id' => '1', 'title' => 'Birgunj Customs Office Collects Only 64% Revenue in First Four Months', 'sub_title' => '', 'summary' => ' In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 26: In the first four-month period of the current fiscal year (FY) 2080/81, the revenue collection from country’s major customs point, Birgunj Customs Office, has shrunk. The customs point has collected only 64% revenue against its target. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the review period of the last FY 2079/80, Birgunj had achieved 67.34 percent revenue target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In the first four-month period of the current fiscal year, the Birgunj collected Rs 49 billion in revenue against its target of Rs 77 billion, according to information officer Ram Chandra Dhakal at the customs office. The revenue collection is just 63.64 percent of the total target. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Customs office has collected a revenue of Rs 18 billion in four months as excise duty and Rs20 billion as value-added tax. The data show that internal revenue of Rs 3 billion was collected during this period.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government removing controls on imports, customs officials say there has been no improvement in foreign trade. The high bank interest rates on loans and the lack of reforms in the economy have affected overall production and business in Nepal, said Ashok Kumar Temani, the President of the Madhes Province of Federation of Nepalese Chambers of Commerce and Industry. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Birgunj customs primarily imports fuel and raw materials for industries. Entrepreneurs and traders say that production and trade have fallen to 25/30 percentage. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the lifting of the restrictions imposed on the import of goods and commodities citing improvement in foreign exchange reserves, the foreign trade has not improved. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Decline on the trade has hit the revenue collection at the customs office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Despite the government adopting a policy of control in foreign trade since the last fiscal year's Ashoj, stating the pressure in the balance of payments, Bhansar reports that although there have been improvements in savings, there has been no improvement in business. Bhansar states that the impact of business will also be felt in revenue collection from Bhansar.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-26', 'modified' => '2023-11-26', 'keywords' => '', 'description' => '', 'sortorder' => '19286', 'image' => '20231126064407_collage (21).jpg', 'article_date' => '2023-11-26 06:42:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '19557', 'article_category_id' => '1', 'title' => 'Nepal’s Trade Deficit Exceeds Rs 460 Billion in First Four Months of Current FY', 'sub_title' => '', 'summary' => 'November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The country's trade deficit in the first four months of the current fiscal year (FY 2023-24) has surpassed Rs 460 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to data released by the Department of Customs, the country has a trade deficit of Rs 461.93 billion as of mid-November this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, the country's foreign trade volume during this period was over Rs 563 billion while the import volume was worth over Rs 50.56 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Comparing to the foreign trade with the data of the corresponding period in the last fiscal year, the import value went down by 3.79 percent, export by 7.68 percent, trade deficit by 3.34 percent and the overall foreign trade by 4.15 percent. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">India remains the largest trade partner of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the first four months of the current fiscal year, Nepal-India trade value stood at over Rs 347 billion, resulting in a trade deficit of over Rs 281 billion. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'trade, deficit, Nepal, India, import, export, foreign', 'description' => '', 'sortorder' => '19285', 'image' => '20231125092857_20220622075829_trade_imbalance.jpg', 'article_date' => '2023-11-25 09:28:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19556', 'article_category_id' => '1', 'title' => 'Nepal and ADB Sign Concessional Loan Agreement of over Rs 13 Billion', 'sub_title' => '', 'summary' => 'November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 25: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for concessional loan amounting to Rs 13.3 billion (USD 100 million) for implementation of programmes of Public Finance Management and Strengthening Service Delivery. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Secretary Krishna Hari Pushkar and Asian Development Bank’s Regional Country Director for Nepal Arnaud Cauchois signed the agreement to this effect at the Ministry of Finance on Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Public Finance Management and Strengthening Service Delivery are the major priorities of the government. This (concessional loan) would support in the implementation of restructuring public finance as well as in fiscal federalism," Finance Secretary Pushkar said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The finance secretary added that the government has been effortful to strengthen public finance management and public service delivery through various reformative measures through the current fiscal year's budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, ADB’s Regional Director Cauchois expressed his confidence that the loan would assist in making Nepal's financial system sustainable and make the government's periodic programmes more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the loan to be obtained from the ADB under this title was linked to Nepal's medium-term and long-term national plan to upgrade Nepal to middle-income country by 2030. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is a concessional loan obtained by Nepal for budgetary assistance. The first phase of the Public Finance Management and Strengthening Service Delivery has been implemented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The current loan is for the second phase of implementation, it was shared. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-11-25', 'modified' => '2023-11-25', 'keywords' => 'ADB, Nepal, concessional, loan', 'description' => '', 'sortorder' => '19284', 'image' => '20231125092616_KRB_KTM-0U3A3542.jpg', 'article_date' => '2023-11-25 09:25:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '19555', 'article_category_id' => '1', 'title' => 'Improvement in Foreign Trade did not Even Last One Month', 'sub_title' => '', 'summary' => 'November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 24: Nepal’s foreign trade, which just turned positive after a year, has returned to its previous state of deficit once again. The foreign trade started increasing after mid-September, but decreased again within one month. According to the data released by the Department of Customs on Thursday, the foreign trade of the current year up to mid-October decreased by 4.15 percent compared to last year. As of mid-October last year, the country’s foreign trade in terms of monetary value stood at Rs 587.46 billion, while in the corresponding period of the current year; Nepal’s foreign trade was just worth Rs 563.6 billion. The country’s foreign trade has been affected due to the sharp decline in imports and exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">As of mid-October, the country’s imports stood at Rs 512.50 billion, while the export figure amounted to a meagre Rs 50.56 billion. Compared to the same period of last year, the import decreased by 3.79 percent and the export decreased by 7.68 percent. As of mid-November this year, imports worth Rs 147.4 billion and exports worth Rs 9.69 billion have been recorded. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Analysts said referring to Nepal Rastra Bank’s data that the country’s overall economy improved recently due to the improvement in external sector indicators mainly due to increase in volume of foreign trade. However, the country’s foreign trade took a nosedive within a month.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">After the pressure on foreign exchange reserves eased, the government opened import restrictions and NRB also reviewed its policy. However, the data of mid-November shows that there will be no improvement in foreign trade. According to the latest report of NRB, as of mid-November, the current account of the country is in a surplus of Rs 99.7 billion. The foreign currency reserve is Rs 1643.9 billion, which can cover the import of goods and services for 10.3 months. Similarly, bank deposits and loan investments have also increased.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-24', 'modified' => '2023-11-24', 'keywords' => '', 'description' => '', 'sortorder' => '19283', 'image' => '20231124041440_Trade.jpg', 'article_date' => '2023-11-24 16:13:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
