November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two…
November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two…
November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot…
November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on…
Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the…
Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in…
The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on…
November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money.…
November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November…
November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude…
November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time.…
November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance…
November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a…
November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics…
Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha…
November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs.…
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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two daughters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Their daughters- Upasana and Urja- died in the midnight quake of November 3. It has been almost a week since the tragic incident, but the Singh couple is yet still distraught with tears running down their cheeks continuously.</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"">Upasana was 21 years old and Urja 18 years old. They had been living in Nepalgunj, a city in the southern plain, in recent times, but were in the village for the festivals of Dashain and Tihar when the disaster struck. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the fateful night, both Upasana and Urja were staying at their aunt's (mother's sister) home. The 6.4 magnitude earthquake killed both of them along with their cousin sister (aunt's daughter), Merina RC, 25. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The eldest daughter Upasana was a fifth semester student at Everest Engineering College in Lalitpur. She had a dream of pursuing further education abroad and to return to Nepal to serve the Karnali hamlets, where people are deprived of access to information technology. Not only her dream got dashed, but herself crushed in the debris. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, younger daughter Urja had completed Grade 12 exams from the Saint Thomas English Secondary School, Nepalgunj. She was planning for medical education. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Urja was all set to fly to Australia in the last week of December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although she made through an entrance exam for higher study at a private medical college, she did not like to burden her parents for her medical studies. She had realized well that her parent could not afford huge amount required for her medical study, so she opted to go abroad. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nevertheless, the Singh couple was prepared to do anything for realizing the dreams of their daughters at any cost: One daughter an IT engineer and another a doctor. They were collecting money to manage their higher study. "Everything perished in the earthquake – including hope and dream, life and luck," Singh couple said univocally in despair. </span><br /> Gorakh says with a tearful eyes that their daughters calling him “Baba” still resonates in his ears.</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"">Similarly, his spouse Shova said, "Life has turned lifeless. I see my daughters standing before me as I wake up in the night, but I can't embrace them. Then, there is no option but to cry and mourn." She wished none faced such tragedy in life. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Singh couple also had the dream- daughters with higher education becoming able workforce for the country. But the dream turned into an ugly reality as the disaster brought the deaths, a callous moment to their lives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The departed ones were honest and had good understanding of their parent's problems, the couple recalls. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Merina was also a civil engineering graduate from College of Engineering and Management, Nepalgunj. She was awarded scholarship by Pokhara University. </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19188', 'image' => '20231110014142_HKC-Jajarkot-4.JPG', 'article_date' => '2023-11-10 13:41:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19459', 'article_category_id' => '1', 'title' => 'King Charles of UK Expresses Grief over Quake Devastation in Nepal ', 'sub_title' => '', 'summary' => 'November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. </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"">"My wife and I were deeply shocked and saddened to hear of the tragic loss of life, and the damage and devastation caused by the earthquake in western Nepal on November 3," the king said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The king further stated in the message, "Our thoughts and prayers are with you and the people of Nepal at this difficult time, and we wanted to extend deepest sympathy and condolences to all the bereaved families and affected communities." </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"">King Charles also assured British government's readiness to support and respond to Nepal's need at this difficult moment. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19187', 'image' => '20231110114915_HK-Jajarkot-IMG_9219 (1).jpg', 'article_date' => '2023-11-10 11:48:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19458', 'article_category_id' => '1', 'title' => 'French Trekker Dies in Langtang National Park', 'sub_title' => '', 'summary' => 'November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The deceased has been identified as 68-year-old French national Patrick Jean Marie Moul, according to Deputy Superintendent of Police Subash Budhathoki. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul was severely injured while trekking at Lumthang, en route to reach Kyangjen, Gosaikunda. He had embarked on trekking via Trinetra Trekking Agency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The foreign trekker was rescued by the security personnel mobilized at Langtang area. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul, who was rushed to Kathmandu for treatment via Fishtail helicopter, breathed his last in the flight, according to police. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The locals here have suggested the travel and trekking companies to provide guide to the senior trekkers and tourists for their safety. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has made it mandatory for tourists to acquire Trekkers Information Management System (TIMS) card for their safety.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, it seems that the system has not been implemented strictly. -- RSS</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19186', 'image' => '20231110105759_20220424110255_Tourist Arrival (1).jpeg', 'article_date' => '2023-11-10 10:57:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19457', 'article_category_id' => '1', 'title' => 'Pokhara Metropolis and USAID Sign Agreement for Tourism Development', 'sub_title' => '', 'summary' => 'Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 10: Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The accord, focusing on technical consultancy, spans a comprehensive approach to enhance tourism, agriculture, and information technology in Pokhara. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">USAID has committed to providing technical expertise over a two-year period, aiming to assist PMC in overcoming challenges faced by the tourism sector, particularly in the aftermath of the COVID-19 pandemic. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">PMC Mayor Dhanraj Acharya and Agnes Luz, the project chief at USAID, signed the agreement. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Under the agreement, a multifaceted strategy is envisioned, encompassing orientation programs, investment forums, as well as marketing and publicity initiatives. These collective efforts are expected to pave the way for the comprehensive development of tourism in Pokhara. (RSS) </span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19185', 'image' => '20231110103358_collage (6).jpg', 'article_date' => '2023-11-10 10:32:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19456', 'article_category_id' => '1', 'title' => 'Finance Minister Mahat Urges Asian Banks to Invest in Nepal', 'sub_title' => '', 'summary' => 'Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dr Mahat highlighted the significant investment opportunities in Nepal, particularly in the hydropower sector, following India's commitment to purchase 10,000 megawatts of power from Nepal in the next 10 years. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister Mahat assured that the government is committed to facilitating such investments and promoting green energy with the goal of achieving zero carbon emissions by 2045. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He also mentioned the support of the World Bank and the Asian Development Bank for mega hydropower projects in Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Rastra Bank Governor Maha Prasad Adhikari emphasized the need to make the country's economy more dynamic and secure sustainable economic growth.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Asian Bankers Association Chair Eugene S. Acevedo called for collaborative efforts to ensure the sustainability of Asian economies. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Representatives of more than 60 banks and financial sectors of 18 countries are attending the two-day conference jointly organized by Nepal Bankers' Association and the Asian Bankers Association.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19184', 'image' => '20231109052136_collage (46).jpg', 'article_date' => '2023-11-09 17:20:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19455', 'article_category_id' => '1', 'title' => 'NEPSE Posts Loss of 11.85 Points On the Last Trading Day before Tihar', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The stock market's decline today is widely attributed to the imminent arrival of the Tihar festival, according to stock market analysts and investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Many investors are currently holding back as they eagerly await the upcoming review of the monetary policy and potential interest rate reductions on loans, which could have a significant impact on their investment decisions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor succinctly said, "Investors are in a holding position, anticipating the results of the monetary policy review and hoping for favorable adjustments in interest rates for loans."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors say that market will reverse and catch the upward momentum only if the polices on stock market and margin lending are relaxed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading session, the stock market witnessed a total of 27,845 trades involving 282 different stocks. A total of 2,833,731 units of shares exchanged their hands, amounting to Rs. 83.60 crore.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sonapur Minerals And Oil Limited (SONA) had the highest turnover of Rs 7.70 crores, closing at a market price of Rs 259 per share. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Among the various stocks, Sayapatri Hydropower Limited (SPHL) witnessed the highest gain of 6.96%. Conversely, Mountain Energy Nepal Limited (MEN) experienced the day's highest loss of 6.58%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> All sector indexes closed in the red. The "Others Index" recorded the most substantial loss at 1.55%, while the "Trading Index" fared relatively better with the least loss of 0.14%.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19183', 'image' => '20231109043542_collage (45).jpg', 'article_date' => '2023-11-09 16:33:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19452', 'article_category_id' => '1', 'title' => 'CIB urges Depositors of Deurali Multipurpose Cooperative to Lodge Complaints ', 'sub_title' => '', 'summary' => 'November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The police have set the deadline for the victims to register their complaints by coming Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Informing that some victims have come up with complaints and their complaints have already been registered, CIB Spokesperson Superintendant of Police (SP) Nawaraj Adhikari urged depositors to lodge complaints if they did not receive back their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Complaints have been registered so far claiming compensation amounting around Rs 500 million from the cooperative for allegedly embezzling their deposits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that three persons have been arrested in connection with irregularities acting on the complaints, SP Adhikari further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The depositors registered their complaints noting they did not receive the principal and interests of their savings and fixed deposits from the cooperative. The depositors claimed that they deposited the savings and fixed amount at Bhaktapur and Kathmandu service centres of the cooperative as well, CIB said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the investigation is underway on the case of financial irregularities, the victims are requested to establish contact with the CIB and lodge complaints if any, SP Adhikari shared. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19181', 'image' => '20231109011356_Cooperative.jpg', 'article_date' => '2023-11-09 13:12:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19451', 'article_category_id' => '1', 'title' => 'Earthquake Survivors not Getting Tarpaulin even after Six Days of Disaster ', 'sub_title' => 'People Living in Rented Rooms Complain of Discrimination as only House Owners get Relief Materials ', 'summary' => 'November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3. In the course of rushing out, her leg was injured. She is now living under a tarpaulin tent on the side of the road at local Nayabasti in Khalanga, the district headquarters, after her house collapsed due to the quake. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thapa is so much traumatized that she is now troubled by hallucination as if her body and the ground is shaking all the time. She cannot venture to go beyond the open road. Her 14-year-old daughter is also traumatized after the earthquake. She cries 'Quake! Quake!' in her sleep. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Most of the dwellers of the district headquarters, who are in mental trauma, are homeless and spending the day and night under makeshift tents on the road side. The people from outside the district headquarters, who had been living in rented rooms, are also in problem after the houses they had been living in were destroyed in the disaster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The tarpaulin and other relief materials are distributed in the name of house owners while those living in rented houses are deprived of the relief materials," lamented Milan Chadara of Thaple, Bheri Municipality-3. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that when he went to the local ward office asking for a tarpaulin, he was turned away by the officials saying that tarpaulins are distributed only to the house owners. He said people like him with addresses outside the district headquarters are in problem as they did not get the tarpaulin and relief materials. Milan's family is living in the open ground. They are exasperated for not getting relief even though they have been begging for multiple times. They complain that each appeal is turned down. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh Thapa, another person from outside the district headquarters, who, like Milan, was living in rent with his family, echoed Milan. They are both sharing similar distress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh said that he at last got a tarpaulin after he approached Suresh Sunar, the Chief District Officer of Jajarkot, and related his agony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jhalak Malla of Thaple said that the names of people like him from outside the district headquarters and living in rented rooms were also collected as eligible persons for relief, but they were not handed the relief later on saying that their names are not included in the list of eligible persons. "This has really, really saddened us in this difficult time," he rued. His family has not been given tarpaulin till date. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Many earthquake survivors in Barekot are living in similar plight as they have not got the relief supplies. Prem Bohara of Barekot Rural Municipality-4 said that he no longer feels like going for work as the aftershocks have been rattling Jajarkot. According to him, mostly children and the elderly people are terrorized by the disaster. The children are mentally traumatized after their homes and schools were badly damaged. They are worried about their studies. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 6.4 magnitude earthquake has impeded Jajarkot's development when the district had gradually started catching the development path. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, in the neighbouring district of Rukum West too people have complained of not getting the relief materials. -- RSS </span></span></span></p> <p> </p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19180', 'image' => '20231109125702_1699428747.jpg', 'article_date' => '2023-11-09 12:56:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19453', 'article_category_id' => '1', 'title' => 'Stakeholders Draw Attention Towards Disease Outbreak, Psychological Trauma in Quake-Affected Areas', 'sub_title' => '', 'summary' => 'November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">CARE Nepal, a humanitarian aid organization fighting global poverty, said that all those involved in relief and rehabilitation works should focus on women and children as well as people with disabilities who are vulnerable in the post-earthquake scenario.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Mona Sherpa, country director of CARE Nepal, said that those involved in relief works also need to take into account the likelihood of gender-based violence (GBV) as well as an outbreak of communicable diseases, cold-related ailments, and waterborne diseases in the coming days due to the onset of winter and damaged infrastructures, including latrines, while designing long-term response efforts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“These challenges further highlight the importance of a rapid and effective response to meet the immediate and long-term needs of the affected communities,” Sherpa said in a statement issued by CARE Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization has also pledged to provide psychosocial counseling to the survivors through its expert partners to help them cope with the trauma caused by the disaster.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The statement further said that CARE Nepal distributed relief supplies such as ready-to-eat and ready-to-cook foods, and kitchen utensils inclusive shelter kits, winterization kits, hygiene kits, dignity kits along with health and nutritional provisions to the quake survivors in collaboration with its local partners and the local governments.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “CARE Nepal is committed to provide immediate relief and support to the communities affected by this disaster along with mid and long-term support in the rehabilitation of the affected communities. Our primary focus will be on the needs of women, girls, and individuals with disabilities,” added Sherpa.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization said it will also conduct Rapid Gender Analysis (RGA) for better and targeted response considering the specific needs of women and girls.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Other stakeholders have also recommended the government to pay attention to the potential psycho-social problems among the earthquake survivors in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">A psychiatric doctor has underlined the need of stepping up psycho-social counseling, especially to the women and children who are in the state of fear due to earthquake, reports the state-owned RSS news agency. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Citizens have been mentally and psychologically traumatized in earthquake-hit areas,” RSS quoted psychiatric doctor of Karnali Province Hospital Purna Rawal as saying requesting the government run complete package of psycho-social programme in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to RSS, the Karnali Province Government has deputed a team of psychosocial counselors to the field for counseling services. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19179', 'image' => '20231109013821_Tikaram Oli of Bheri Municipality 3, Jajarkot, Nepal inspects the remains his house destroyed. Photo Credit Navrarj Sharma CARE Nepal.jpg', 'article_date' => '2023-11-09 13:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19450', 'article_category_id' => '1', 'title' => 'SEBON Takes Action against 88 Listed Companies', 'sub_title' => '', 'summary' => 'November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. A meeting of the Board of Directors of SEBON held on Monday decided to impose cash fines on those companies.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Information officer of the board, Tej Prasad Devkota, said that SEBON has decided to seek for an explanation from 69 companies that submitted their financial statements late and imposed a fine of Rs 50,000 each while 19 companies that did not submit their financial statements have been fined Rs 100,000 each. Devkota said that the board has already sent letters to all those companies to submit a written explanation. According to Devkota, this is the first time that the board has initiated action against so many listed companies that did not submit the required details on time.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Devkota said that the board has taken action in accordance with Section 101 of the Securities Act, 2063. According to subsection 4 of Section 101 of the Securities Act, if any person knowingly or maliciously fails to submit the financial details, statements, reports, notices, information or any other documents required to be submitted in accordance with the Act or the rules or regulations made under the Act, the board may impose a fine of Rs 50,000 to Rs 200,000. The board had issued a warning to those companies in mid-July. It decided to take action against those companies that ignored the warning of the board.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Since the financial statements to be submitted by the listed companies are considered very important for the securities market, the board said that it has taken strict measures against the companies for their failure to submit such important documents on time. The board informed that the action was taken to maintain corporate good governance.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Organizations that have been registered with SEBON must submit their financial statements to the board within 30 days of the end of the quarterly period and publish such report in a national level daily newspaper as per Schedule 14 of the Securities Registration and Issuance Regulations, 2073. Such organizations have to submit the annual report according to Schedule 15 of the Securities Registration and Issuance Regulations, 2073 to the board within five months from the end of each fiscal year. In addition, the listed companies have to include the audited report’s summary with the main points of the compliance report in the annual report according to sub-section (4) of section 20 of the Institutional Governance Guidelines, 2074.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, if there is any event or transaction mentioned in Schedule 16 of the Securities Registration and Issuance Regulations, 2073 that may affect the market value of the listed securities, there is a provision that a notification of such matter must be immediately given to the securities market and submitted to the board within three days. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19178', 'image' => '20231109115736_Sebon-update.jpg', 'article_date' => '2023-11-09 11:56:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19449', 'article_category_id' => '1', 'title' => 'Premium Collection of Non-Life Insurance Companies Drop by 3.5 Percent', 'sub_title' => '', 'summary' => 'November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies. In the first quarter of the current fiscal year, the insurance premium collection of non-life insurance companies has decreased by more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.5 percent compared to the same period of the previous year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, in the first quarter of the current fiscal year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> non-life insurance companies and two micro non-life insurance companies have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees. In the first quarter of the last fiscal year, insurance companies collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.84</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The insurance fee for the first quarter of the current year is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3.57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent less compared to the corresponding period of the previous fiscal year</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Experts in this field say that insurance premiums have decreased due to the impact of economic recession on the insurance business. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, Sagarmatha Lumbini Insurance Company has collected the highest insurance fee in the first quarter of the current fiscal year. It has collected a total insurance fee of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">31</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">during the review period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Second is Siddhartha Premier Insurance Company. It has collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">06</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in insurance fee. Similarly, insurance fee collection of Shikhar Insurance, which is third in the list is, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1.04</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first quarter of the current fiscal year, the two micro non-life insurance companies in operation have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million in insurance fees. During this period, Nepal Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and Protective Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19177', 'image' => '20231109102049_1699493205.1696824685.1620254944.nlf.jpg', 'article_date' => '2023-11-09 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19448', 'article_category_id' => '1', 'title' => 'Court Order Allows 24-Hour Business at Lakeside Area of Pokhara ', 'sub_title' => '', 'summary' => 'November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A single bench of High Court Judge Rajan Prasad Bhattarai on Wednesday issued the order in the name of the District Administration Office Kaski to allow business operations in Lakeside to continue round-the-clock. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The order comes in response to a petition filed by Devi Kumari Baral seeking the court’s intervention against the decision of the local administration to stop business operations in the lake city beyond midnight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The court had also ordered the defendant to submit a written response within 15 days outlining the reasons and evidence for stopping business in the tourist hub beyond the regular operation hours. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19176', 'image' => '20231109095025_20220327062910_lakeside (1).jpg', 'article_date' => '2023-11-09 09:49:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19447', 'article_category_id' => '1', 'title' => 'Over 55% of Families in Bagmati Province cannot Sustain from Agri-Income for Whole Year ', 'sub_title' => '', 'summary' => 'November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office. </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"">Only 44.1 percent of the families could sustain throughout the year from their agricultural income, states the census report. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the report, the main income source of people in Bagmati Province is agriculture. Traditional agricultural technologies have been replaced by new ones. According to the NSO director Badri Kumar Karki, 14.8 percent farmers use iron plough to till the land, 30.8 percent use tractor and 16.7 percent use power-tiller. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 1.5 million families in the province, 668,177 are farmers, and 282,292 hectares of land have been used for agriculture purpose, he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the census, mango is cultivated in 532 hectares of land, banana in 1,120 hectares, orange in 688 hectares, lemon in 460 hectares and apple in 80 hectares. Compared to the previous census in 2068 BS, the number of farmers who have reared goats and pigs has increased than those who raised cows and buffaloes, said Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The province has 66.4 percent farmers who themselves use the products they grow, and 25 percent also sell their products. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19175', 'image' => '20231109094821_agri maize.jpg', 'article_date' => '2023-11-09 09:46:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19446', 'article_category_id' => '1', 'title' => 'Siddharth Premier Insurance Limited Conducts Insurance Awareness Programme', 'sub_title' => '', 'summary' => 'Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The program was organized to expand the reach of insurance at the local level, and it had notable participation from the local community and other stakeholders. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Santosh Pant, Prabin Khatiwada, and the Branch Manager of the company's Manthali branch, Nabaraj Khadka had given the presentations, highlighting importance of the non-life insurance.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Attendees at the program said that interest in insurance had increased in the local level, and such programs will contribute to the further expansion of insurance at the local level in the coming days.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19174', 'image' => '20231109054800_collage (5).jpg', 'article_date' => '2023-11-09 05:46:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19441', 'article_category_id' => '1', 'title' => 'Fund of Rs 500 Million set up to Support Women Entrepreneurship', 'sub_title' => '', 'summary' => 'November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. The fund was set up with the aim of increasing the businesses run by women entrepreneurs by providing access to financial services. The Global Equity Fund started this fund with the technical support of Trade and Competitiveness of USAID.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The programme has been initiated after signing a letter of intent with three companies on Tuesday. The fund claims that this is the first of its kind in Nepal with a focus on women entrepreneurs.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund Managing Director Dr Manish Thapa said that the fund will support women entrepreneurs with financial assistance of a minimum of Rs 50 million to a maximum of Rs 500 million . According to him, investments will be made in the enterprise according to the needs and demands of the business. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“We have started looking at companies of women entrepreneurs. In the first phase, we will invest in 10 to 15 micro, small and medium enterprises (MSMEs),” said Thapa. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund has set certain criteria for investing money. As per the criteria, the enterprise seeking financial assistance must have 51 percent ownership of women. Also, the enterprise should have 30 percent women in leadership roles and 30 percent as board members. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund informed that companies that meet these criteria are entitled to receive investment from the fund. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the programme, Deputy Chief of Mission of the American Embassy, Jason Mix said that it will help to solve the systemic problem of access to finance that women are facing in entrepreneurship.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, mobilization of this fund will promote entrepreneurship and economic growth in Nepal. He also mentioned that women entrepreneurs face a lot of problems in starting and operating a business. It is also mentioned that the fund will increase the access of women entrepreneurs to capital, build their capacity and promote the relationship with the domestic and global markets.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Siddhanta Raj Pandey, president of Nepal Private Equity Association, said that the cooperation between the two organizations is admirable. He says that such funds will greatly help enterprises led by women entrepreneurs. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-08', 'modified' => '2023-11-08', 'keywords' => '', 'description' => '', 'sortorder' => '19171', 'image' => '20231108035057_20220612023555_woman.jpg', 'article_date' => '2023-11-08 15:50:11', '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
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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two daughters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Their daughters- Upasana and Urja- died in the midnight quake of November 3. It has been almost a week since the tragic incident, but the Singh couple is yet still distraught with tears running down their cheeks continuously.</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"">Upasana was 21 years old and Urja 18 years old. They had been living in Nepalgunj, a city in the southern plain, in recent times, but were in the village for the festivals of Dashain and Tihar when the disaster struck. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the fateful night, both Upasana and Urja were staying at their aunt's (mother's sister) home. The 6.4 magnitude earthquake killed both of them along with their cousin sister (aunt's daughter), Merina RC, 25. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The eldest daughter Upasana was a fifth semester student at Everest Engineering College in Lalitpur. She had a dream of pursuing further education abroad and to return to Nepal to serve the Karnali hamlets, where people are deprived of access to information technology. Not only her dream got dashed, but herself crushed in the debris. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, younger daughter Urja had completed Grade 12 exams from the Saint Thomas English Secondary School, Nepalgunj. She was planning for medical education. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Urja was all set to fly to Australia in the last week of December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although she made through an entrance exam for higher study at a private medical college, she did not like to burden her parents for her medical studies. She had realized well that her parent could not afford huge amount required for her medical study, so she opted to go abroad. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nevertheless, the Singh couple was prepared to do anything for realizing the dreams of their daughters at any cost: One daughter an IT engineer and another a doctor. They were collecting money to manage their higher study. "Everything perished in the earthquake – including hope and dream, life and luck," Singh couple said univocally in despair. </span><br /> Gorakh says with a tearful eyes that their daughters calling him “Baba” still resonates in his ears.</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"">Similarly, his spouse Shova said, "Life has turned lifeless. I see my daughters standing before me as I wake up in the night, but I can't embrace them. Then, there is no option but to cry and mourn." She wished none faced such tragedy in life. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Singh couple also had the dream- daughters with higher education becoming able workforce for the country. But the dream turned into an ugly reality as the disaster brought the deaths, a callous moment to their lives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The departed ones were honest and had good understanding of their parent's problems, the couple recalls. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Merina was also a civil engineering graduate from College of Engineering and Management, Nepalgunj. She was awarded scholarship by Pokhara University. </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19188', 'image' => '20231110014142_HKC-Jajarkot-4.JPG', 'article_date' => '2023-11-10 13:41:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19459', 'article_category_id' => '1', 'title' => 'King Charles of UK Expresses Grief over Quake Devastation in Nepal ', 'sub_title' => '', 'summary' => 'November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. </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"">"My wife and I were deeply shocked and saddened to hear of the tragic loss of life, and the damage and devastation caused by the earthquake in western Nepal on November 3," the king said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The king further stated in the message, "Our thoughts and prayers are with you and the people of Nepal at this difficult time, and we wanted to extend deepest sympathy and condolences to all the bereaved families and affected communities." </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"">King Charles also assured British government's readiness to support and respond to Nepal's need at this difficult moment. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19187', 'image' => '20231110114915_HK-Jajarkot-IMG_9219 (1).jpg', 'article_date' => '2023-11-10 11:48:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19458', 'article_category_id' => '1', 'title' => 'French Trekker Dies in Langtang National Park', 'sub_title' => '', 'summary' => 'November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The deceased has been identified as 68-year-old French national Patrick Jean Marie Moul, according to Deputy Superintendent of Police Subash Budhathoki. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul was severely injured while trekking at Lumthang, en route to reach Kyangjen, Gosaikunda. He had embarked on trekking via Trinetra Trekking Agency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The foreign trekker was rescued by the security personnel mobilized at Langtang area. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul, who was rushed to Kathmandu for treatment via Fishtail helicopter, breathed his last in the flight, according to police. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The locals here have suggested the travel and trekking companies to provide guide to the senior trekkers and tourists for their safety. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has made it mandatory for tourists to acquire Trekkers Information Management System (TIMS) card for their safety.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, it seems that the system has not been implemented strictly. -- RSS</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19186', 'image' => '20231110105759_20220424110255_Tourist Arrival (1).jpeg', 'article_date' => '2023-11-10 10:57:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19457', 'article_category_id' => '1', 'title' => 'Pokhara Metropolis and USAID Sign Agreement for Tourism Development', 'sub_title' => '', 'summary' => 'Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 10: Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The accord, focusing on technical consultancy, spans a comprehensive approach to enhance tourism, agriculture, and information technology in Pokhara. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">USAID has committed to providing technical expertise over a two-year period, aiming to assist PMC in overcoming challenges faced by the tourism sector, particularly in the aftermath of the COVID-19 pandemic. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">PMC Mayor Dhanraj Acharya and Agnes Luz, the project chief at USAID, signed the agreement. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Under the agreement, a multifaceted strategy is envisioned, encompassing orientation programs, investment forums, as well as marketing and publicity initiatives. These collective efforts are expected to pave the way for the comprehensive development of tourism in Pokhara. (RSS) </span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19185', 'image' => '20231110103358_collage (6).jpg', 'article_date' => '2023-11-10 10:32:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19456', 'article_category_id' => '1', 'title' => 'Finance Minister Mahat Urges Asian Banks to Invest in Nepal', 'sub_title' => '', 'summary' => 'Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dr Mahat highlighted the significant investment opportunities in Nepal, particularly in the hydropower sector, following India's commitment to purchase 10,000 megawatts of power from Nepal in the next 10 years. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister Mahat assured that the government is committed to facilitating such investments and promoting green energy with the goal of achieving zero carbon emissions by 2045. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He also mentioned the support of the World Bank and the Asian Development Bank for mega hydropower projects in Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Rastra Bank Governor Maha Prasad Adhikari emphasized the need to make the country's economy more dynamic and secure sustainable economic growth.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Asian Bankers Association Chair Eugene S. Acevedo called for collaborative efforts to ensure the sustainability of Asian economies. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Representatives of more than 60 banks and financial sectors of 18 countries are attending the two-day conference jointly organized by Nepal Bankers' Association and the Asian Bankers Association.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19184', 'image' => '20231109052136_collage (46).jpg', 'article_date' => '2023-11-09 17:20:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19455', 'article_category_id' => '1', 'title' => 'NEPSE Posts Loss of 11.85 Points On the Last Trading Day before Tihar', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The stock market's decline today is widely attributed to the imminent arrival of the Tihar festival, according to stock market analysts and investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Many investors are currently holding back as they eagerly await the upcoming review of the monetary policy and potential interest rate reductions on loans, which could have a significant impact on their investment decisions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor succinctly said, "Investors are in a holding position, anticipating the results of the monetary policy review and hoping for favorable adjustments in interest rates for loans."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors say that market will reverse and catch the upward momentum only if the polices on stock market and margin lending are relaxed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading session, the stock market witnessed a total of 27,845 trades involving 282 different stocks. A total of 2,833,731 units of shares exchanged their hands, amounting to Rs. 83.60 crore.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sonapur Minerals And Oil Limited (SONA) had the highest turnover of Rs 7.70 crores, closing at a market price of Rs 259 per share. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Among the various stocks, Sayapatri Hydropower Limited (SPHL) witnessed the highest gain of 6.96%. Conversely, Mountain Energy Nepal Limited (MEN) experienced the day's highest loss of 6.58%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> All sector indexes closed in the red. The "Others Index" recorded the most substantial loss at 1.55%, while the "Trading Index" fared relatively better with the least loss of 0.14%.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19183', 'image' => '20231109043542_collage (45).jpg', 'article_date' => '2023-11-09 16:33:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19452', 'article_category_id' => '1', 'title' => 'CIB urges Depositors of Deurali Multipurpose Cooperative to Lodge Complaints ', 'sub_title' => '', 'summary' => 'November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The police have set the deadline for the victims to register their complaints by coming Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Informing that some victims have come up with complaints and their complaints have already been registered, CIB Spokesperson Superintendant of Police (SP) Nawaraj Adhikari urged depositors to lodge complaints if they did not receive back their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Complaints have been registered so far claiming compensation amounting around Rs 500 million from the cooperative for allegedly embezzling their deposits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that three persons have been arrested in connection with irregularities acting on the complaints, SP Adhikari further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The depositors registered their complaints noting they did not receive the principal and interests of their savings and fixed deposits from the cooperative. The depositors claimed that they deposited the savings and fixed amount at Bhaktapur and Kathmandu service centres of the cooperative as well, CIB said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the investigation is underway on the case of financial irregularities, the victims are requested to establish contact with the CIB and lodge complaints if any, SP Adhikari shared. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19181', 'image' => '20231109011356_Cooperative.jpg', 'article_date' => '2023-11-09 13:12:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19451', 'article_category_id' => '1', 'title' => 'Earthquake Survivors not Getting Tarpaulin even after Six Days of Disaster ', 'sub_title' => 'People Living in Rented Rooms Complain of Discrimination as only House Owners get Relief Materials ', 'summary' => 'November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3. In the course of rushing out, her leg was injured. She is now living under a tarpaulin tent on the side of the road at local Nayabasti in Khalanga, the district headquarters, after her house collapsed due to the quake. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thapa is so much traumatized that she is now troubled by hallucination as if her body and the ground is shaking all the time. She cannot venture to go beyond the open road. Her 14-year-old daughter is also traumatized after the earthquake. She cries 'Quake! Quake!' in her sleep. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Most of the dwellers of the district headquarters, who are in mental trauma, are homeless and spending the day and night under makeshift tents on the road side. The people from outside the district headquarters, who had been living in rented rooms, are also in problem after the houses they had been living in were destroyed in the disaster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The tarpaulin and other relief materials are distributed in the name of house owners while those living in rented houses are deprived of the relief materials," lamented Milan Chadara of Thaple, Bheri Municipality-3. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that when he went to the local ward office asking for a tarpaulin, he was turned away by the officials saying that tarpaulins are distributed only to the house owners. He said people like him with addresses outside the district headquarters are in problem as they did not get the tarpaulin and relief materials. Milan's family is living in the open ground. They are exasperated for not getting relief even though they have been begging for multiple times. They complain that each appeal is turned down. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh Thapa, another person from outside the district headquarters, who, like Milan, was living in rent with his family, echoed Milan. They are both sharing similar distress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh said that he at last got a tarpaulin after he approached Suresh Sunar, the Chief District Officer of Jajarkot, and related his agony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jhalak Malla of Thaple said that the names of people like him from outside the district headquarters and living in rented rooms were also collected as eligible persons for relief, but they were not handed the relief later on saying that their names are not included in the list of eligible persons. "This has really, really saddened us in this difficult time," he rued. His family has not been given tarpaulin till date. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Many earthquake survivors in Barekot are living in similar plight as they have not got the relief supplies. Prem Bohara of Barekot Rural Municipality-4 said that he no longer feels like going for work as the aftershocks have been rattling Jajarkot. According to him, mostly children and the elderly people are terrorized by the disaster. The children are mentally traumatized after their homes and schools were badly damaged. They are worried about their studies. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 6.4 magnitude earthquake has impeded Jajarkot's development when the district had gradually started catching the development path. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, in the neighbouring district of Rukum West too people have complained of not getting the relief materials. -- RSS </span></span></span></p> <p> </p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19180', 'image' => '20231109125702_1699428747.jpg', 'article_date' => '2023-11-09 12:56:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19453', 'article_category_id' => '1', 'title' => 'Stakeholders Draw Attention Towards Disease Outbreak, Psychological Trauma in Quake-Affected Areas', 'sub_title' => '', 'summary' => 'November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">CARE Nepal, a humanitarian aid organization fighting global poverty, said that all those involved in relief and rehabilitation works should focus on women and children as well as people with disabilities who are vulnerable in the post-earthquake scenario.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Mona Sherpa, country director of CARE Nepal, said that those involved in relief works also need to take into account the likelihood of gender-based violence (GBV) as well as an outbreak of communicable diseases, cold-related ailments, and waterborne diseases in the coming days due to the onset of winter and damaged infrastructures, including latrines, while designing long-term response efforts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“These challenges further highlight the importance of a rapid and effective response to meet the immediate and long-term needs of the affected communities,” Sherpa said in a statement issued by CARE Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization has also pledged to provide psychosocial counseling to the survivors through its expert partners to help them cope with the trauma caused by the disaster.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The statement further said that CARE Nepal distributed relief supplies such as ready-to-eat and ready-to-cook foods, and kitchen utensils inclusive shelter kits, winterization kits, hygiene kits, dignity kits along with health and nutritional provisions to the quake survivors in collaboration with its local partners and the local governments.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “CARE Nepal is committed to provide immediate relief and support to the communities affected by this disaster along with mid and long-term support in the rehabilitation of the affected communities. Our primary focus will be on the needs of women, girls, and individuals with disabilities,” added Sherpa.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization said it will also conduct Rapid Gender Analysis (RGA) for better and targeted response considering the specific needs of women and girls.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Other stakeholders have also recommended the government to pay attention to the potential psycho-social problems among the earthquake survivors in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">A psychiatric doctor has underlined the need of stepping up psycho-social counseling, especially to the women and children who are in the state of fear due to earthquake, reports the state-owned RSS news agency. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Citizens have been mentally and psychologically traumatized in earthquake-hit areas,” RSS quoted psychiatric doctor of Karnali Province Hospital Purna Rawal as saying requesting the government run complete package of psycho-social programme in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to RSS, the Karnali Province Government has deputed a team of psychosocial counselors to the field for counseling services. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19179', 'image' => '20231109013821_Tikaram Oli of Bheri Municipality 3, Jajarkot, Nepal inspects the remains his house destroyed. Photo Credit Navrarj Sharma CARE Nepal.jpg', 'article_date' => '2023-11-09 13:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19450', 'article_category_id' => '1', 'title' => 'SEBON Takes Action against 88 Listed Companies', 'sub_title' => '', 'summary' => 'November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. A meeting of the Board of Directors of SEBON held on Monday decided to impose cash fines on those companies.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Information officer of the board, Tej Prasad Devkota, said that SEBON has decided to seek for an explanation from 69 companies that submitted their financial statements late and imposed a fine of Rs 50,000 each while 19 companies that did not submit their financial statements have been fined Rs 100,000 each. Devkota said that the board has already sent letters to all those companies to submit a written explanation. According to Devkota, this is the first time that the board has initiated action against so many listed companies that did not submit the required details on time.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Devkota said that the board has taken action in accordance with Section 101 of the Securities Act, 2063. According to subsection 4 of Section 101 of the Securities Act, if any person knowingly or maliciously fails to submit the financial details, statements, reports, notices, information or any other documents required to be submitted in accordance with the Act or the rules or regulations made under the Act, the board may impose a fine of Rs 50,000 to Rs 200,000. The board had issued a warning to those companies in mid-July. It decided to take action against those companies that ignored the warning of the board.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Since the financial statements to be submitted by the listed companies are considered very important for the securities market, the board said that it has taken strict measures against the companies for their failure to submit such important documents on time. The board informed that the action was taken to maintain corporate good governance.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Organizations that have been registered with SEBON must submit their financial statements to the board within 30 days of the end of the quarterly period and publish such report in a national level daily newspaper as per Schedule 14 of the Securities Registration and Issuance Regulations, 2073. Such organizations have to submit the annual report according to Schedule 15 of the Securities Registration and Issuance Regulations, 2073 to the board within five months from the end of each fiscal year. In addition, the listed companies have to include the audited report’s summary with the main points of the compliance report in the annual report according to sub-section (4) of section 20 of the Institutional Governance Guidelines, 2074.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, if there is any event or transaction mentioned in Schedule 16 of the Securities Registration and Issuance Regulations, 2073 that may affect the market value of the listed securities, there is a provision that a notification of such matter must be immediately given to the securities market and submitted to the board within three days. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19178', 'image' => '20231109115736_Sebon-update.jpg', 'article_date' => '2023-11-09 11:56:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19449', 'article_category_id' => '1', 'title' => 'Premium Collection of Non-Life Insurance Companies Drop by 3.5 Percent', 'sub_title' => '', 'summary' => 'November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies. In the first quarter of the current fiscal year, the insurance premium collection of non-life insurance companies has decreased by more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.5 percent compared to the same period of the previous year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, in the first quarter of the current fiscal year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> non-life insurance companies and two micro non-life insurance companies have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees. In the first quarter of the last fiscal year, insurance companies collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.84</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The insurance fee for the first quarter of the current year is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3.57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent less compared to the corresponding period of the previous fiscal year</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Experts in this field say that insurance premiums have decreased due to the impact of economic recession on the insurance business. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, Sagarmatha Lumbini Insurance Company has collected the highest insurance fee in the first quarter of the current fiscal year. It has collected a total insurance fee of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">31</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">during the review period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Second is Siddhartha Premier Insurance Company. It has collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">06</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in insurance fee. Similarly, insurance fee collection of Shikhar Insurance, which is third in the list is, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1.04</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first quarter of the current fiscal year, the two micro non-life insurance companies in operation have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million in insurance fees. During this period, Nepal Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and Protective Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19177', 'image' => '20231109102049_1699493205.1696824685.1620254944.nlf.jpg', 'article_date' => '2023-11-09 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19448', 'article_category_id' => '1', 'title' => 'Court Order Allows 24-Hour Business at Lakeside Area of Pokhara ', 'sub_title' => '', 'summary' => 'November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A single bench of High Court Judge Rajan Prasad Bhattarai on Wednesday issued the order in the name of the District Administration Office Kaski to allow business operations in Lakeside to continue round-the-clock. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The order comes in response to a petition filed by Devi Kumari Baral seeking the court’s intervention against the decision of the local administration to stop business operations in the lake city beyond midnight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The court had also ordered the defendant to submit a written response within 15 days outlining the reasons and evidence for stopping business in the tourist hub beyond the regular operation hours. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19176', 'image' => '20231109095025_20220327062910_lakeside (1).jpg', 'article_date' => '2023-11-09 09:49:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19447', 'article_category_id' => '1', 'title' => 'Over 55% of Families in Bagmati Province cannot Sustain from Agri-Income for Whole Year ', 'sub_title' => '', 'summary' => 'November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office. </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"">Only 44.1 percent of the families could sustain throughout the year from their agricultural income, states the census report. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the report, the main income source of people in Bagmati Province is agriculture. Traditional agricultural technologies have been replaced by new ones. According to the NSO director Badri Kumar Karki, 14.8 percent farmers use iron plough to till the land, 30.8 percent use tractor and 16.7 percent use power-tiller. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 1.5 million families in the province, 668,177 are farmers, and 282,292 hectares of land have been used for agriculture purpose, he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the census, mango is cultivated in 532 hectares of land, banana in 1,120 hectares, orange in 688 hectares, lemon in 460 hectares and apple in 80 hectares. Compared to the previous census in 2068 BS, the number of farmers who have reared goats and pigs has increased than those who raised cows and buffaloes, said Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The province has 66.4 percent farmers who themselves use the products they grow, and 25 percent also sell their products. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19175', 'image' => '20231109094821_agri maize.jpg', 'article_date' => '2023-11-09 09:46:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19446', 'article_category_id' => '1', 'title' => 'Siddharth Premier Insurance Limited Conducts Insurance Awareness Programme', 'sub_title' => '', 'summary' => 'Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The program was organized to expand the reach of insurance at the local level, and it had notable participation from the local community and other stakeholders. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Santosh Pant, Prabin Khatiwada, and the Branch Manager of the company's Manthali branch, Nabaraj Khadka had given the presentations, highlighting importance of the non-life insurance.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Attendees at the program said that interest in insurance had increased in the local level, and such programs will contribute to the further expansion of insurance at the local level in the coming days.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19174', 'image' => '20231109054800_collage (5).jpg', 'article_date' => '2023-11-09 05:46:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19441', 'article_category_id' => '1', 'title' => 'Fund of Rs 500 Million set up to Support Women Entrepreneurship', 'sub_title' => '', 'summary' => 'November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. The fund was set up with the aim of increasing the businesses run by women entrepreneurs by providing access to financial services. The Global Equity Fund started this fund with the technical support of Trade and Competitiveness of USAID.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The programme has been initiated after signing a letter of intent with three companies on Tuesday. The fund claims that this is the first of its kind in Nepal with a focus on women entrepreneurs.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund Managing Director Dr Manish Thapa said that the fund will support women entrepreneurs with financial assistance of a minimum of Rs 50 million to a maximum of Rs 500 million . According to him, investments will be made in the enterprise according to the needs and demands of the business. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“We have started looking at companies of women entrepreneurs. In the first phase, we will invest in 10 to 15 micro, small and medium enterprises (MSMEs),” said Thapa. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund has set certain criteria for investing money. As per the criteria, the enterprise seeking financial assistance must have 51 percent ownership of women. Also, the enterprise should have 30 percent women in leadership roles and 30 percent as board members. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund informed that companies that meet these criteria are entitled to receive investment from the fund. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the programme, Deputy Chief of Mission of the American Embassy, Jason Mix said that it will help to solve the systemic problem of access to finance that women are facing in entrepreneurship.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, mobilization of this fund will promote entrepreneurship and economic growth in Nepal. He also mentioned that women entrepreneurs face a lot of problems in starting and operating a business. It is also mentioned that the fund will increase the access of women entrepreneurs to capital, build their capacity and promote the relationship with the domestic and global markets.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Siddhanta Raj Pandey, president of Nepal Private Equity Association, said that the cooperation between the two organizations is admirable. He says that such funds will greatly help enterprises led by women entrepreneurs. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-08', 'modified' => '2023-11-08', 'keywords' => '', 'description' => '', 'sortorder' => '19171', 'image' => '20231108035057_20220612023555_woman.jpg', 'article_date' => '2023-11-08 15:50:11', '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' => '19462', 'article_category_id' => '1', 'title' => 'Jajarkot Earthquake: Disaster Causes Daughters' Deaths, Dashes Family's Dream ', 'sub_title' => '', 'summary' => 'November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two daughters. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two daughters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Their daughters- Upasana and Urja- died in the midnight quake of November 3. It has been almost a week since the tragic incident, but the Singh couple is yet still distraught with tears running down their cheeks continuously.</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"">Upasana was 21 years old and Urja 18 years old. They had been living in Nepalgunj, a city in the southern plain, in recent times, but were in the village for the festivals of Dashain and Tihar when the disaster struck. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the fateful night, both Upasana and Urja were staying at their aunt's (mother's sister) home. The 6.4 magnitude earthquake killed both of them along with their cousin sister (aunt's daughter), Merina RC, 25. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The eldest daughter Upasana was a fifth semester student at Everest Engineering College in Lalitpur. She had a dream of pursuing further education abroad and to return to Nepal to serve the Karnali hamlets, where people are deprived of access to information technology. Not only her dream got dashed, but herself crushed in the debris. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, younger daughter Urja had completed Grade 12 exams from the Saint Thomas English Secondary School, Nepalgunj. She was planning for medical education. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Urja was all set to fly to Australia in the last week of December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although she made through an entrance exam for higher study at a private medical college, she did not like to burden her parents for her medical studies. She had realized well that her parent could not afford huge amount required for her medical study, so she opted to go abroad. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nevertheless, the Singh couple was prepared to do anything for realizing the dreams of their daughters at any cost: One daughter an IT engineer and another a doctor. They were collecting money to manage their higher study. "Everything perished in the earthquake – including hope and dream, life and luck," Singh couple said univocally in despair. </span><br /> Gorakh says with a tearful eyes that their daughters calling him “Baba” still resonates in his ears.</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"">Similarly, his spouse Shova said, "Life has turned lifeless. I see my daughters standing before me as I wake up in the night, but I can't embrace them. Then, there is no option but to cry and mourn." She wished none faced such tragedy in life. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Singh couple also had the dream- daughters with higher education becoming able workforce for the country. But the dream turned into an ugly reality as the disaster brought the deaths, a callous moment to their lives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The departed ones were honest and had good understanding of their parent's problems, the couple recalls. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Merina was also a civil engineering graduate from College of Engineering and Management, Nepalgunj. She was awarded scholarship by Pokhara University. </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19188', 'image' => '20231110014142_HKC-Jajarkot-4.JPG', 'article_date' => '2023-11-10 13:41:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19459', 'article_category_id' => '1', 'title' => 'King Charles of UK Expresses Grief over Quake Devastation in Nepal ', 'sub_title' => '', 'summary' => 'November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. </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"">"My wife and I were deeply shocked and saddened to hear of the tragic loss of life, and the damage and devastation caused by the earthquake in western Nepal on November 3," the king said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The king further stated in the message, "Our thoughts and prayers are with you and the people of Nepal at this difficult time, and we wanted to extend deepest sympathy and condolences to all the bereaved families and affected communities." </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"">King Charles also assured British government's readiness to support and respond to Nepal's need at this difficult moment. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19187', 'image' => '20231110114915_HK-Jajarkot-IMG_9219 (1).jpg', 'article_date' => '2023-11-10 11:48:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19458', 'article_category_id' => '1', 'title' => 'French Trekker Dies in Langtang National Park', 'sub_title' => '', 'summary' => 'November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The deceased has been identified as 68-year-old French national Patrick Jean Marie Moul, according to Deputy Superintendent of Police Subash Budhathoki. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul was severely injured while trekking at Lumthang, en route to reach Kyangjen, Gosaikunda. He had embarked on trekking via Trinetra Trekking Agency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The foreign trekker was rescued by the security personnel mobilized at Langtang area. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul, who was rushed to Kathmandu for treatment via Fishtail helicopter, breathed his last in the flight, according to police. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The locals here have suggested the travel and trekking companies to provide guide to the senior trekkers and tourists for their safety. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has made it mandatory for tourists to acquire Trekkers Information Management System (TIMS) card for their safety.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, it seems that the system has not been implemented strictly. -- RSS</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19186', 'image' => '20231110105759_20220424110255_Tourist Arrival (1).jpeg', 'article_date' => '2023-11-10 10:57:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19457', 'article_category_id' => '1', 'title' => 'Pokhara Metropolis and USAID Sign Agreement for Tourism Development', 'sub_title' => '', 'summary' => 'Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 10: Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The accord, focusing on technical consultancy, spans a comprehensive approach to enhance tourism, agriculture, and information technology in Pokhara. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">USAID has committed to providing technical expertise over a two-year period, aiming to assist PMC in overcoming challenges faced by the tourism sector, particularly in the aftermath of the COVID-19 pandemic. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">PMC Mayor Dhanraj Acharya and Agnes Luz, the project chief at USAID, signed the agreement. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Under the agreement, a multifaceted strategy is envisioned, encompassing orientation programs, investment forums, as well as marketing and publicity initiatives. These collective efforts are expected to pave the way for the comprehensive development of tourism in Pokhara. (RSS) </span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19185', 'image' => '20231110103358_collage (6).jpg', 'article_date' => '2023-11-10 10:32:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19456', 'article_category_id' => '1', 'title' => 'Finance Minister Mahat Urges Asian Banks to Invest in Nepal', 'sub_title' => '', 'summary' => 'Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dr Mahat highlighted the significant investment opportunities in Nepal, particularly in the hydropower sector, following India's commitment to purchase 10,000 megawatts of power from Nepal in the next 10 years. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister Mahat assured that the government is committed to facilitating such investments and promoting green energy with the goal of achieving zero carbon emissions by 2045. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He also mentioned the support of the World Bank and the Asian Development Bank for mega hydropower projects in Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Rastra Bank Governor Maha Prasad Adhikari emphasized the need to make the country's economy more dynamic and secure sustainable economic growth.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Asian Bankers Association Chair Eugene S. Acevedo called for collaborative efforts to ensure the sustainability of Asian economies. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Representatives of more than 60 banks and financial sectors of 18 countries are attending the two-day conference jointly organized by Nepal Bankers' Association and the Asian Bankers Association.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19184', 'image' => '20231109052136_collage (46).jpg', 'article_date' => '2023-11-09 17:20:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19455', 'article_category_id' => '1', 'title' => 'NEPSE Posts Loss of 11.85 Points On the Last Trading Day before Tihar', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The stock market's decline today is widely attributed to the imminent arrival of the Tihar festival, according to stock market analysts and investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Many investors are currently holding back as they eagerly await the upcoming review of the monetary policy and potential interest rate reductions on loans, which could have a significant impact on their investment decisions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor succinctly said, "Investors are in a holding position, anticipating the results of the monetary policy review and hoping for favorable adjustments in interest rates for loans."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors say that market will reverse and catch the upward momentum only if the polices on stock market and margin lending are relaxed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading session, the stock market witnessed a total of 27,845 trades involving 282 different stocks. A total of 2,833,731 units of shares exchanged their hands, amounting to Rs. 83.60 crore.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sonapur Minerals And Oil Limited (SONA) had the highest turnover of Rs 7.70 crores, closing at a market price of Rs 259 per share. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Among the various stocks, Sayapatri Hydropower Limited (SPHL) witnessed the highest gain of 6.96%. Conversely, Mountain Energy Nepal Limited (MEN) experienced the day's highest loss of 6.58%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> All sector indexes closed in the red. The "Others Index" recorded the most substantial loss at 1.55%, while the "Trading Index" fared relatively better with the least loss of 0.14%.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19183', 'image' => '20231109043542_collage (45).jpg', 'article_date' => '2023-11-09 16:33:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19452', 'article_category_id' => '1', 'title' => 'CIB urges Depositors of Deurali Multipurpose Cooperative to Lodge Complaints ', 'sub_title' => '', 'summary' => 'November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The police have set the deadline for the victims to register their complaints by coming Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Informing that some victims have come up with complaints and their complaints have already been registered, CIB Spokesperson Superintendant of Police (SP) Nawaraj Adhikari urged depositors to lodge complaints if they did not receive back their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Complaints have been registered so far claiming compensation amounting around Rs 500 million from the cooperative for allegedly embezzling their deposits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that three persons have been arrested in connection with irregularities acting on the complaints, SP Adhikari further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The depositors registered their complaints noting they did not receive the principal and interests of their savings and fixed deposits from the cooperative. The depositors claimed that they deposited the savings and fixed amount at Bhaktapur and Kathmandu service centres of the cooperative as well, CIB said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the investigation is underway on the case of financial irregularities, the victims are requested to establish contact with the CIB and lodge complaints if any, SP Adhikari shared. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19181', 'image' => '20231109011356_Cooperative.jpg', 'article_date' => '2023-11-09 13:12:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19451', 'article_category_id' => '1', 'title' => 'Earthquake Survivors not Getting Tarpaulin even after Six Days of Disaster ', 'sub_title' => 'People Living in Rented Rooms Complain of Discrimination as only House Owners get Relief Materials ', 'summary' => 'November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3. In the course of rushing out, her leg was injured. She is now living under a tarpaulin tent on the side of the road at local Nayabasti in Khalanga, the district headquarters, after her house collapsed due to the quake. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thapa is so much traumatized that she is now troubled by hallucination as if her body and the ground is shaking all the time. She cannot venture to go beyond the open road. Her 14-year-old daughter is also traumatized after the earthquake. She cries 'Quake! Quake!' in her sleep. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Most of the dwellers of the district headquarters, who are in mental trauma, are homeless and spending the day and night under makeshift tents on the road side. The people from outside the district headquarters, who had been living in rented rooms, are also in problem after the houses they had been living in were destroyed in the disaster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The tarpaulin and other relief materials are distributed in the name of house owners while those living in rented houses are deprived of the relief materials," lamented Milan Chadara of Thaple, Bheri Municipality-3. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that when he went to the local ward office asking for a tarpaulin, he was turned away by the officials saying that tarpaulins are distributed only to the house owners. He said people like him with addresses outside the district headquarters are in problem as they did not get the tarpaulin and relief materials. Milan's family is living in the open ground. They are exasperated for not getting relief even though they have been begging for multiple times. They complain that each appeal is turned down. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh Thapa, another person from outside the district headquarters, who, like Milan, was living in rent with his family, echoed Milan. They are both sharing similar distress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh said that he at last got a tarpaulin after he approached Suresh Sunar, the Chief District Officer of Jajarkot, and related his agony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jhalak Malla of Thaple said that the names of people like him from outside the district headquarters and living in rented rooms were also collected as eligible persons for relief, but they were not handed the relief later on saying that their names are not included in the list of eligible persons. "This has really, really saddened us in this difficult time," he rued. His family has not been given tarpaulin till date. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Many earthquake survivors in Barekot are living in similar plight as they have not got the relief supplies. Prem Bohara of Barekot Rural Municipality-4 said that he no longer feels like going for work as the aftershocks have been rattling Jajarkot. According to him, mostly children and the elderly people are terrorized by the disaster. The children are mentally traumatized after their homes and schools were badly damaged. They are worried about their studies. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 6.4 magnitude earthquake has impeded Jajarkot's development when the district had gradually started catching the development path. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, in the neighbouring district of Rukum West too people have complained of not getting the relief materials. -- RSS </span></span></span></p> <p> </p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19180', 'image' => '20231109125702_1699428747.jpg', 'article_date' => '2023-11-09 12:56:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19453', 'article_category_id' => '1', 'title' => 'Stakeholders Draw Attention Towards Disease Outbreak, Psychological Trauma in Quake-Affected Areas', 'sub_title' => '', 'summary' => 'November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">CARE Nepal, a humanitarian aid organization fighting global poverty, said that all those involved in relief and rehabilitation works should focus on women and children as well as people with disabilities who are vulnerable in the post-earthquake scenario.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Mona Sherpa, country director of CARE Nepal, said that those involved in relief works also need to take into account the likelihood of gender-based violence (GBV) as well as an outbreak of communicable diseases, cold-related ailments, and waterborne diseases in the coming days due to the onset of winter and damaged infrastructures, including latrines, while designing long-term response efforts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“These challenges further highlight the importance of a rapid and effective response to meet the immediate and long-term needs of the affected communities,” Sherpa said in a statement issued by CARE Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization has also pledged to provide psychosocial counseling to the survivors through its expert partners to help them cope with the trauma caused by the disaster.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The statement further said that CARE Nepal distributed relief supplies such as ready-to-eat and ready-to-cook foods, and kitchen utensils inclusive shelter kits, winterization kits, hygiene kits, dignity kits along with health and nutritional provisions to the quake survivors in collaboration with its local partners and the local governments.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “CARE Nepal is committed to provide immediate relief and support to the communities affected by this disaster along with mid and long-term support in the rehabilitation of the affected communities. Our primary focus will be on the needs of women, girls, and individuals with disabilities,” added Sherpa.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization said it will also conduct Rapid Gender Analysis (RGA) for better and targeted response considering the specific needs of women and girls.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Other stakeholders have also recommended the government to pay attention to the potential psycho-social problems among the earthquake survivors in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">A psychiatric doctor has underlined the need of stepping up psycho-social counseling, especially to the women and children who are in the state of fear due to earthquake, reports the state-owned RSS news agency. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Citizens have been mentally and psychologically traumatized in earthquake-hit areas,” RSS quoted psychiatric doctor of Karnali Province Hospital Purna Rawal as saying requesting the government run complete package of psycho-social programme in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to RSS, the Karnali Province Government has deputed a team of psychosocial counselors to the field for counseling services. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19179', 'image' => '20231109013821_Tikaram Oli of Bheri Municipality 3, Jajarkot, Nepal inspects the remains his house destroyed. Photo Credit Navrarj Sharma CARE Nepal.jpg', 'article_date' => '2023-11-09 13:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19450', 'article_category_id' => '1', 'title' => 'SEBON Takes Action against 88 Listed Companies', 'sub_title' => '', 'summary' => 'November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. A meeting of the Board of Directors of SEBON held on Monday decided to impose cash fines on those companies.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Information officer of the board, Tej Prasad Devkota, said that SEBON has decided to seek for an explanation from 69 companies that submitted their financial statements late and imposed a fine of Rs 50,000 each while 19 companies that did not submit their financial statements have been fined Rs 100,000 each. Devkota said that the board has already sent letters to all those companies to submit a written explanation. According to Devkota, this is the first time that the board has initiated action against so many listed companies that did not submit the required details on time.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Devkota said that the board has taken action in accordance with Section 101 of the Securities Act, 2063. According to subsection 4 of Section 101 of the Securities Act, if any person knowingly or maliciously fails to submit the financial details, statements, reports, notices, information or any other documents required to be submitted in accordance with the Act or the rules or regulations made under the Act, the board may impose a fine of Rs 50,000 to Rs 200,000. The board had issued a warning to those companies in mid-July. It decided to take action against those companies that ignored the warning of the board.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Since the financial statements to be submitted by the listed companies are considered very important for the securities market, the board said that it has taken strict measures against the companies for their failure to submit such important documents on time. The board informed that the action was taken to maintain corporate good governance.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Organizations that have been registered with SEBON must submit their financial statements to the board within 30 days of the end of the quarterly period and publish such report in a national level daily newspaper as per Schedule 14 of the Securities Registration and Issuance Regulations, 2073. Such organizations have to submit the annual report according to Schedule 15 of the Securities Registration and Issuance Regulations, 2073 to the board within five months from the end of each fiscal year. In addition, the listed companies have to include the audited report’s summary with the main points of the compliance report in the annual report according to sub-section (4) of section 20 of the Institutional Governance Guidelines, 2074.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, if there is any event or transaction mentioned in Schedule 16 of the Securities Registration and Issuance Regulations, 2073 that may affect the market value of the listed securities, there is a provision that a notification of such matter must be immediately given to the securities market and submitted to the board within three days. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19178', 'image' => '20231109115736_Sebon-update.jpg', 'article_date' => '2023-11-09 11:56:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19449', 'article_category_id' => '1', 'title' => 'Premium Collection of Non-Life Insurance Companies Drop by 3.5 Percent', 'sub_title' => '', 'summary' => 'November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies. In the first quarter of the current fiscal year, the insurance premium collection of non-life insurance companies has decreased by more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.5 percent compared to the same period of the previous year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, in the first quarter of the current fiscal year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> non-life insurance companies and two micro non-life insurance companies have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees. In the first quarter of the last fiscal year, insurance companies collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.84</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The insurance fee for the first quarter of the current year is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3.57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent less compared to the corresponding period of the previous fiscal year</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Experts in this field say that insurance premiums have decreased due to the impact of economic recession on the insurance business. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, Sagarmatha Lumbini Insurance Company has collected the highest insurance fee in the first quarter of the current fiscal year. It has collected a total insurance fee of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">31</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">during the review period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Second is Siddhartha Premier Insurance Company. It has collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">06</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in insurance fee. Similarly, insurance fee collection of Shikhar Insurance, which is third in the list is, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1.04</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first quarter of the current fiscal year, the two micro non-life insurance companies in operation have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million in insurance fees. During this period, Nepal Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and Protective Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19177', 'image' => '20231109102049_1699493205.1696824685.1620254944.nlf.jpg', 'article_date' => '2023-11-09 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19448', 'article_category_id' => '1', 'title' => 'Court Order Allows 24-Hour Business at Lakeside Area of Pokhara ', 'sub_title' => '', 'summary' => 'November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A single bench of High Court Judge Rajan Prasad Bhattarai on Wednesday issued the order in the name of the District Administration Office Kaski to allow business operations in Lakeside to continue round-the-clock. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The order comes in response to a petition filed by Devi Kumari Baral seeking the court’s intervention against the decision of the local administration to stop business operations in the lake city beyond midnight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The court had also ordered the defendant to submit a written response within 15 days outlining the reasons and evidence for stopping business in the tourist hub beyond the regular operation hours. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19176', 'image' => '20231109095025_20220327062910_lakeside (1).jpg', 'article_date' => '2023-11-09 09:49:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19447', 'article_category_id' => '1', 'title' => 'Over 55% of Families in Bagmati Province cannot Sustain from Agri-Income for Whole Year ', 'sub_title' => '', 'summary' => 'November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office. </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"">Only 44.1 percent of the families could sustain throughout the year from their agricultural income, states the census report. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the report, the main income source of people in Bagmati Province is agriculture. Traditional agricultural technologies have been replaced by new ones. According to the NSO director Badri Kumar Karki, 14.8 percent farmers use iron plough to till the land, 30.8 percent use tractor and 16.7 percent use power-tiller. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 1.5 million families in the province, 668,177 are farmers, and 282,292 hectares of land have been used for agriculture purpose, he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the census, mango is cultivated in 532 hectares of land, banana in 1,120 hectares, orange in 688 hectares, lemon in 460 hectares and apple in 80 hectares. Compared to the previous census in 2068 BS, the number of farmers who have reared goats and pigs has increased than those who raised cows and buffaloes, said Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The province has 66.4 percent farmers who themselves use the products they grow, and 25 percent also sell their products. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19175', 'image' => '20231109094821_agri maize.jpg', 'article_date' => '2023-11-09 09:46:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19446', 'article_category_id' => '1', 'title' => 'Siddharth Premier Insurance Limited Conducts Insurance Awareness Programme', 'sub_title' => '', 'summary' => 'Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The program was organized to expand the reach of insurance at the local level, and it had notable participation from the local community and other stakeholders. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Santosh Pant, Prabin Khatiwada, and the Branch Manager of the company's Manthali branch, Nabaraj Khadka had given the presentations, highlighting importance of the non-life insurance.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Attendees at the program said that interest in insurance had increased in the local level, and such programs will contribute to the further expansion of insurance at the local level in the coming days.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19174', 'image' => '20231109054800_collage (5).jpg', 'article_date' => '2023-11-09 05:46:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19441', 'article_category_id' => '1', 'title' => 'Fund of Rs 500 Million set up to Support Women Entrepreneurship', 'sub_title' => '', 'summary' => 'November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. The fund was set up with the aim of increasing the businesses run by women entrepreneurs by providing access to financial services. The Global Equity Fund started this fund with the technical support of Trade and Competitiveness of USAID.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The programme has been initiated after signing a letter of intent with three companies on Tuesday. The fund claims that this is the first of its kind in Nepal with a focus on women entrepreneurs.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund Managing Director Dr Manish Thapa said that the fund will support women entrepreneurs with financial assistance of a minimum of Rs 50 million to a maximum of Rs 500 million . According to him, investments will be made in the enterprise according to the needs and demands of the business. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“We have started looking at companies of women entrepreneurs. In the first phase, we will invest in 10 to 15 micro, small and medium enterprises (MSMEs),” said Thapa. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund has set certain criteria for investing money. As per the criteria, the enterprise seeking financial assistance must have 51 percent ownership of women. Also, the enterprise should have 30 percent women in leadership roles and 30 percent as board members. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund informed that companies that meet these criteria are entitled to receive investment from the fund. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the programme, Deputy Chief of Mission of the American Embassy, Jason Mix said that it will help to solve the systemic problem of access to finance that women are facing in entrepreneurship.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, mobilization of this fund will promote entrepreneurship and economic growth in Nepal. He also mentioned that women entrepreneurs face a lot of problems in starting and operating a business. It is also mentioned that the fund will increase the access of women entrepreneurs to capital, build their capacity and promote the relationship with the domestic and global markets.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Siddhanta Raj Pandey, president of Nepal Private Equity Association, said that the cooperation between the two organizations is admirable. He says that such funds will greatly help enterprises led by women entrepreneurs. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-08', 'modified' => '2023-11-08', 'keywords' => '', 'description' => '', 'sortorder' => '19171', 'image' => '20231108035057_20220612023555_woman.jpg', 'article_date' => '2023-11-08 15:50:11', '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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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: Gorakh Singh and Shova Singh from Jiri of Barekot Rural Municipality-4 in Jajarkot are inconsolable after the earthquake that claimed the lives of their two daughters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Their daughters- Upasana and Urja- died in the midnight quake of November 3. It has been almost a week since the tragic incident, but the Singh couple is yet still distraught with tears running down their cheeks continuously.</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"">Upasana was 21 years old and Urja 18 years old. They had been living in Nepalgunj, a city in the southern plain, in recent times, but were in the village for the festivals of Dashain and Tihar when the disaster struck. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the fateful night, both Upasana and Urja were staying at their aunt's (mother's sister) home. The 6.4 magnitude earthquake killed both of them along with their cousin sister (aunt's daughter), Merina RC, 25. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The eldest daughter Upasana was a fifth semester student at Everest Engineering College in Lalitpur. She had a dream of pursuing further education abroad and to return to Nepal to serve the Karnali hamlets, where people are deprived of access to information technology. Not only her dream got dashed, but herself crushed in the debris. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, younger daughter Urja had completed Grade 12 exams from the Saint Thomas English Secondary School, Nepalgunj. She was planning for medical education. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Urja was all set to fly to Australia in the last week of December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although she made through an entrance exam for higher study at a private medical college, she did not like to burden her parents for her medical studies. She had realized well that her parent could not afford huge amount required for her medical study, so she opted to go abroad. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nevertheless, the Singh couple was prepared to do anything for realizing the dreams of their daughters at any cost: One daughter an IT engineer and another a doctor. They were collecting money to manage their higher study. "Everything perished in the earthquake – including hope and dream, life and luck," Singh couple said univocally in despair. </span><br /> Gorakh says with a tearful eyes that their daughters calling him “Baba” still resonates in his ears.</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"">Similarly, his spouse Shova said, "Life has turned lifeless. I see my daughters standing before me as I wake up in the night, but I can't embrace them. Then, there is no option but to cry and mourn." She wished none faced such tragedy in life. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Singh couple also had the dream- daughters with higher education becoming able workforce for the country. But the dream turned into an ugly reality as the disaster brought the deaths, a callous moment to their lives. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The departed ones were honest and had good understanding of their parent's problems, the couple recalls. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Merina was also a civil engineering graduate from College of Engineering and Management, Nepalgunj. She was awarded scholarship by Pokhara University. </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19188', 'image' => '20231110014142_HKC-Jajarkot-4.JPG', 'article_date' => '2023-11-10 13:41:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19459', 'article_category_id' => '1', 'title' => 'King Charles of UK Expresses Grief over Quake Devastation in Nepal ', 'sub_title' => '', 'summary' => 'November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 10: King Chares of the UK has expressed sadness over the earthquake devastation in Nepal. The British Embassy in Nepal informed that King Charles sent a message to President Ram Chandra Paudel and expressed grief over the loss of lives and property in Jajarkot earthquake. </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"">"My wife and I were deeply shocked and saddened to hear of the tragic loss of life, and the damage and devastation caused by the earthquake in western Nepal on November 3," the king said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The king further stated in the message, "Our thoughts and prayers are with you and the people of Nepal at this difficult time, and we wanted to extend deepest sympathy and condolences to all the bereaved families and affected communities." </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"">King Charles also assured British government's readiness to support and respond to Nepal's need at this difficult moment. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19187', 'image' => '20231110114915_HK-Jajarkot-IMG_9219 (1).jpg', 'article_date' => '2023-11-10 11:48:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19458', 'article_category_id' => '1', 'title' => 'French Trekker Dies in Langtang National Park', 'sub_title' => '', 'summary' => 'November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 10: A foreign tourist died after falling off a cliff during trekking in the mountainous region of Rasuwa district on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The deceased has been identified as 68-year-old French national Patrick Jean Marie Moul, according to Deputy Superintendent of Police Subash Budhathoki. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul was severely injured while trekking at Lumthang, en route to reach Kyangjen, Gosaikunda. He had embarked on trekking via Trinetra Trekking Agency. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The foreign trekker was rescued by the security personnel mobilized at Langtang area. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Moul, who was rushed to Kathmandu for treatment via Fishtail helicopter, breathed his last in the flight, according to police. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The locals here have suggested the travel and trekking companies to provide guide to the senior trekkers and tourists for their safety. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The government has made it mandatory for tourists to acquire Trekkers Information Management System (TIMS) card for their safety.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, it seems that the system has not been implemented strictly. -- RSS</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19186', 'image' => '20231110105759_20220424110255_Tourist Arrival (1).jpeg', 'article_date' => '2023-11-10 10:57:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19457', 'article_category_id' => '1', 'title' => 'Pokhara Metropolis and USAID Sign Agreement for Tourism Development', 'sub_title' => '', 'summary' => 'Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 10: Pokhara Metropolitan City (PMC) has signed an agreement with the United States Agency for International Development (USAID) to bolster the development of tourism in the region.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The accord, focusing on technical consultancy, spans a comprehensive approach to enhance tourism, agriculture, and information technology in Pokhara. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">USAID has committed to providing technical expertise over a two-year period, aiming to assist PMC in overcoming challenges faced by the tourism sector, particularly in the aftermath of the COVID-19 pandemic. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">PMC Mayor Dhanraj Acharya and Agnes Luz, the project chief at USAID, signed the agreement. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Under the agreement, a multifaceted strategy is envisioned, encompassing orientation programs, investment forums, as well as marketing and publicity initiatives. These collective efforts are expected to pave the way for the comprehensive development of tourism in Pokhara. (RSS) </span></span></p> ', 'published' => true, 'created' => '2023-11-10', 'modified' => '2023-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '19185', 'image' => '20231110103358_collage (6).jpg', 'article_date' => '2023-11-10 10:32:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '19456', 'article_category_id' => '1', 'title' => 'Finance Minister Mahat Urges Asian Banks to Invest in Nepal', 'sub_title' => '', 'summary' => 'Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Finance Minister Dr. Prakash Sharan Mahat called on Asian banks to invest in Nepal during the Asian Bankers Association (ABA) 39th Conference in Kathmandu. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dr Mahat highlighted the significant investment opportunities in Nepal, particularly in the hydropower sector, following India's commitment to purchase 10,000 megawatts of power from Nepal in the next 10 years. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister Mahat assured that the government is committed to facilitating such investments and promoting green energy with the goal of achieving zero carbon emissions by 2045. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He also mentioned the support of the World Bank and the Asian Development Bank for mega hydropower projects in Nepal. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Rastra Bank Governor Maha Prasad Adhikari emphasized the need to make the country's economy more dynamic and secure sustainable economic growth.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Asian Bankers Association Chair Eugene S. Acevedo called for collaborative efforts to ensure the sustainability of Asian economies. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Representatives of more than 60 banks and financial sectors of 18 countries are attending the two-day conference jointly organized by Nepal Bankers' Association and the Asian Bankers Association.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19184', 'image' => '20231109052136_collage (46).jpg', 'article_date' => '2023-11-09 17:20:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '19455', 'article_category_id' => '1', 'title' => 'NEPSE Posts Loss of 11.85 Points On the Last Trading Day before Tihar', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: The Nepal Stock Exchange(NEPSE) Index lost 11.85 points or 0.63%, closing at 1852.08 points on the last trading day before the festival of Tihar on Thursday. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The stock market's decline today is widely attributed to the imminent arrival of the Tihar festival, according to stock market analysts and investors. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Many investors are currently holding back as they eagerly await the upcoming review of the monetary policy and potential interest rate reductions on loans, which could have a significant impact on their investment decisions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">One investor succinctly said, "Investors are in a holding position, anticipating the results of the monetary policy review and hoping for favorable adjustments in interest rates for loans."</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Investors say that market will reverse and catch the upward momentum only if the polices on stock market and margin lending are relaxed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today's trading session, the stock market witnessed a total of 27,845 trades involving 282 different stocks. A total of 2,833,731 units of shares exchanged their hands, amounting to Rs. 83.60 crore.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Sonapur Minerals And Oil Limited (SONA) had the highest turnover of Rs 7.70 crores, closing at a market price of Rs 259 per share. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Among the various stocks, Sayapatri Hydropower Limited (SPHL) witnessed the highest gain of 6.96%. Conversely, Mountain Energy Nepal Limited (MEN) experienced the day's highest loss of 6.58%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> All sector indexes closed in the red. The "Others Index" recorded the most substantial loss at 1.55%, while the "Trading Index" fared relatively better with the least loss of 0.14%.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19183', 'image' => '20231109043542_collage (45).jpg', 'article_date' => '2023-11-09 16:33:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '19452', 'article_category_id' => '1', 'title' => 'CIB urges Depositors of Deurali Multipurpose Cooperative to Lodge Complaints ', 'sub_title' => '', 'summary' => 'November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Central Investigation Bureau (CIB) of Nepal Police has urged the depositors of Lalitpur-based Deurali Multipurpose Cooperative to lodge complaints against the cooperative on the charge of embezzling their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The police have set the deadline for the victims to register their complaints by coming Friday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Informing that some victims have come up with complaints and their complaints have already been registered, CIB Spokesperson Superintendant of Police (SP) Nawaraj Adhikari urged depositors to lodge complaints if they did not receive back their money. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Complaints have been registered so far claiming compensation amounting around Rs 500 million from the cooperative for allegedly embezzling their deposits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that three persons have been arrested in connection with irregularities acting on the complaints, SP Adhikari further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The depositors registered their complaints noting they did not receive the principal and interests of their savings and fixed deposits from the cooperative. The depositors claimed that they deposited the savings and fixed amount at Bhaktapur and Kathmandu service centres of the cooperative as well, CIB said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As the investigation is underway on the case of financial irregularities, the victims are requested to establish contact with the CIB and lodge complaints if any, SP Adhikari shared. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19181', 'image' => '20231109011356_Cooperative.jpg', 'article_date' => '2023-11-09 13:12:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '19451', 'article_category_id' => '1', 'title' => 'Earthquake Survivors not Getting Tarpaulin even after Six Days of Disaster ', 'sub_title' => 'People Living in Rented Rooms Complain of Discrimination as only House Owners get Relief Materials ', 'summary' => 'November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Ramita Thapa of Nalgad Municipality-3 grabbed her two kids and ran out of the house when the earthquake struck in the night of November 3. In the course of rushing out, her leg was injured. She is now living under a tarpaulin tent on the side of the road at local Nayabasti in Khalanga, the district headquarters, after her house collapsed due to the quake. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thapa is so much traumatized that she is now troubled by hallucination as if her body and the ground is shaking all the time. She cannot venture to go beyond the open road. Her 14-year-old daughter is also traumatized after the earthquake. She cries 'Quake! Quake!' in her sleep. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Most of the dwellers of the district headquarters, who are in mental trauma, are homeless and spending the day and night under makeshift tents on the road side. The people from outside the district headquarters, who had been living in rented rooms, are also in problem after the houses they had been living in were destroyed in the disaster. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The tarpaulin and other relief materials are distributed in the name of house owners while those living in rented houses are deprived of the relief materials," lamented Milan Chadara of Thaple, Bheri Municipality-3. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that when he went to the local ward office asking for a tarpaulin, he was turned away by the officials saying that tarpaulins are distributed only to the house owners. He said people like him with addresses outside the district headquarters are in problem as they did not get the tarpaulin and relief materials. Milan's family is living in the open ground. They are exasperated for not getting relief even though they have been begging for multiple times. They complain that each appeal is turned down. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh Thapa, another person from outside the district headquarters, who, like Milan, was living in rent with his family, echoed Milan. They are both sharing similar distress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ganesh said that he at last got a tarpaulin after he approached Suresh Sunar, the Chief District Officer of Jajarkot, and related his agony. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jhalak Malla of Thaple said that the names of people like him from outside the district headquarters and living in rented rooms were also collected as eligible persons for relief, but they were not handed the relief later on saying that their names are not included in the list of eligible persons. "This has really, really saddened us in this difficult time," he rued. His family has not been given tarpaulin till date. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Many earthquake survivors in Barekot are living in similar plight as they have not got the relief supplies. Prem Bohara of Barekot Rural Municipality-4 said that he no longer feels like going for work as the aftershocks have been rattling Jajarkot. According to him, mostly children and the elderly people are terrorized by the disaster. The children are mentally traumatized after their homes and schools were badly damaged. They are worried about their studies. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The 6.4 magnitude earthquake has impeded Jajarkot's development when the district had gradually started catching the development path. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, in the neighbouring district of Rukum West too people have complained of not getting the relief materials. -- RSS </span></span></span></p> <p> </p> <p><br /> <br /> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19180', 'image' => '20231109125702_1699428747.jpg', 'article_date' => '2023-11-09 12:56:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '19453', 'article_category_id' => '1', 'title' => 'Stakeholders Draw Attention Towards Disease Outbreak, Psychological Trauma in Quake-Affected Areas', 'sub_title' => '', 'summary' => 'November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">November 9: Stakeholders have drawn the attention of concerned authorities towards the possible outbreak of disease and gender-based violence in post-earthquake situation in Jajarkot and Rukum West districts which suffered significant damages in terms of human lives and property loss following the November 3 earthquake of magnitude 6.4.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">CARE Nepal, a humanitarian aid organization fighting global poverty, said that all those involved in relief and rehabilitation works should focus on women and children as well as people with disabilities who are vulnerable in the post-earthquake scenario.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Mona Sherpa, country director of CARE Nepal, said that those involved in relief works also need to take into account the likelihood of gender-based violence (GBV) as well as an outbreak of communicable diseases, cold-related ailments, and waterborne diseases in the coming days due to the onset of winter and damaged infrastructures, including latrines, while designing long-term response efforts. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“These challenges further highlight the importance of a rapid and effective response to meet the immediate and long-term needs of the affected communities,” Sherpa said in a statement issued by CARE Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization has also pledged to provide psychosocial counseling to the survivors through its expert partners to help them cope with the trauma caused by the disaster.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The statement further said that CARE Nepal distributed relief supplies such as ready-to-eat and ready-to-cook foods, and kitchen utensils inclusive shelter kits, winterization kits, hygiene kits, dignity kits along with health and nutritional provisions to the quake survivors in collaboration with its local partners and the local governments.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “CARE Nepal is committed to provide immediate relief and support to the communities affected by this disaster along with mid and long-term support in the rehabilitation of the affected communities. Our primary focus will be on the needs of women, girls, and individuals with disabilities,” added Sherpa.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The organization said it will also conduct Rapid Gender Analysis (RGA) for better and targeted response considering the specific needs of women and girls.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Other stakeholders have also recommended the government to pay attention to the potential psycho-social problems among the earthquake survivors in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">A psychiatric doctor has underlined the need of stepping up psycho-social counseling, especially to the women and children who are in the state of fear due to earthquake, reports the state-owned RSS news agency. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Citizens have been mentally and psychologically traumatized in earthquake-hit areas,” RSS quoted psychiatric doctor of Karnali Province Hospital Purna Rawal as saying requesting the government run complete package of psycho-social programme in the quake-hit areas. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to RSS, the Karnali Province Government has deputed a team of psychosocial counselors to the field for counseling services. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19179', 'image' => '20231109013821_Tikaram Oli of Bheri Municipality 3, Jajarkot, Nepal inspects the remains his house destroyed. Photo Credit Navrarj Sharma CARE Nepal.jpg', 'article_date' => '2023-11-09 13:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19450', 'article_category_id' => '1', 'title' => 'SEBON Takes Action against 88 Listed Companies', 'sub_title' => '', 'summary' => 'November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 9: The Securities Board of Nepal (SEBON) has decided to take action against 88 listed companies for the failure to submit their financial statements on time. A meeting of the Board of Directors of SEBON held on Monday decided to impose cash fines on those companies.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Information officer of the board, Tej Prasad Devkota, said that SEBON has decided to seek for an explanation from 69 companies that submitted their financial statements late and imposed a fine of Rs 50,000 each while 19 companies that did not submit their financial statements have been fined Rs 100,000 each. Devkota said that the board has already sent letters to all those companies to submit a written explanation. According to Devkota, this is the first time that the board has initiated action against so many listed companies that did not submit the required details on time.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Devkota said that the board has taken action in accordance with Section 101 of the Securities Act, 2063. According to subsection 4 of Section 101 of the Securities Act, if any person knowingly or maliciously fails to submit the financial details, statements, reports, notices, information or any other documents required to be submitted in accordance with the Act or the rules or regulations made under the Act, the board may impose a fine of Rs 50,000 to Rs 200,000. The board had issued a warning to those companies in mid-July. It decided to take action against those companies that ignored the warning of the board.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Since the financial statements to be submitted by the listed companies are considered very important for the securities market, the board said that it has taken strict measures against the companies for their failure to submit such important documents on time. The board informed that the action was taken to maintain corporate good governance.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Organizations that have been registered with SEBON must submit their financial statements to the board within 30 days of the end of the quarterly period and publish such report in a national level daily newspaper as per Schedule 14 of the Securities Registration and Issuance Regulations, 2073. Such organizations have to submit the annual report according to Schedule 15 of the Securities Registration and Issuance Regulations, 2073 to the board within five months from the end of each fiscal year. In addition, the listed companies have to include the audited report’s summary with the main points of the compliance report in the annual report according to sub-section (4) of section 20 of the Institutional Governance Guidelines, 2074.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, if there is any event or transaction mentioned in Schedule 16 of the Securities Registration and Issuance Regulations, 2073 that may affect the market value of the listed securities, there is a provision that a notification of such matter must be immediately given to the securities market and submitted to the board within three days. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19178', 'image' => '20231109115736_Sebon-update.jpg', 'article_date' => '2023-11-09 11:56:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19449', 'article_category_id' => '1', 'title' => 'Premium Collection of Non-Life Insurance Companies Drop by 3.5 Percent', 'sub_title' => '', 'summary' => 'November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">November 9: The impact of the protracted recession in the economy has been seen in the business of non-life insurance companies. In the first quarter of the current fiscal year, the insurance premium collection of non-life insurance companies has decreased by more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.5 percent compared to the same period of the previous year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, in the first quarter of the current fiscal year, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> non-life insurance companies and two micro non-life insurance companies have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees. In the first quarter of the last fiscal year, insurance companies collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10.84</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion in insurance fees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The insurance fee for the first quarter of the current year is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3.57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent less compared to the corresponding period of the previous fiscal year</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Experts in this field say that insurance premiums have decreased due to the impact of economic recession on the insurance business. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the authority, Sagarmatha Lumbini Insurance Company has collected the highest insurance fee in the first quarter of the current fiscal year. It has collected a total insurance fee of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">31</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">during the review period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Second is Siddhartha Premier Insurance Company. It has collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">06</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in insurance fee. Similarly, insurance fee collection of Shikhar Insurance, which is third in the list is, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1.04</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the first quarter of the current fiscal year, the two micro non-life insurance companies in operation have collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million in insurance fees. During this period, Nepal Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and Protective Micro Insurance collected Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19177', 'image' => '20231109102049_1699493205.1696824685.1620254944.nlf.jpg', 'article_date' => '2023-11-09 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19448', 'article_category_id' => '1', 'title' => 'Court Order Allows 24-Hour Business at Lakeside Area of Pokhara ', 'sub_title' => '', 'summary' => 'November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: The Pokhara High Court has issued an interim order to allow Lakeside area in Pokara, a tourist hub of the country, to remain open for 24 hours a day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A single bench of High Court Judge Rajan Prasad Bhattarai on Wednesday issued the order in the name of the District Administration Office Kaski to allow business operations in Lakeside to continue round-the-clock. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The order comes in response to a petition filed by Devi Kumari Baral seeking the court’s intervention against the decision of the local administration to stop business operations in the lake city beyond midnight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The court had also ordered the defendant to submit a written response within 15 days outlining the reasons and evidence for stopping business in the tourist hub beyond the regular operation hours. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19176', 'image' => '20231109095025_20220327062910_lakeside (1).jpg', 'article_date' => '2023-11-09 09:49:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19447', 'article_category_id' => '1', 'title' => 'Over 55% of Families in Bagmati Province cannot Sustain from Agri-Income for Whole Year ', 'sub_title' => '', 'summary' => 'November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 9: Over 55.9 percent of the families in Bagmati Province generated income from agriculture which was not enough for them to sustain throughout the year, according to the agriculture census, 2078 conducted by the National Statistics Office. </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"">Only 44.1 percent of the families could sustain throughout the year from their agricultural income, states the census report. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the report, the main income source of people in Bagmati Province is agriculture. Traditional agricultural technologies have been replaced by new ones. According to the NSO director Badri Kumar Karki, 14.8 percent farmers use iron plough to till the land, 30.8 percent use tractor and 16.7 percent use power-tiller. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 1.5 million families in the province, 668,177 are farmers, and 282,292 hectares of land have been used for agriculture purpose, he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the census, mango is cultivated in 532 hectares of land, banana in 1,120 hectares, orange in 688 hectares, lemon in 460 hectares and apple in 80 hectares. Compared to the previous census in 2068 BS, the number of farmers who have reared goats and pigs has increased than those who raised cows and buffaloes, said Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The province has 66.4 percent farmers who themselves use the products they grow, and 25 percent also sell their products. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19175', 'image' => '20231109094821_agri maize.jpg', 'article_date' => '2023-11-09 09:46:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19446', 'article_category_id' => '1', 'title' => 'Siddharth Premier Insurance Limited Conducts Insurance Awareness Programme', 'sub_title' => '', 'summary' => 'Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">November 9: Siddharth Premier Insurance Limited has conducted an insurance awareness program in Tamakoshi Rural Municipality, Dolakha District. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The program was organized to expand the reach of insurance at the local level, and it had notable participation from the local community and other stakeholders. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Santosh Pant, Prabin Khatiwada, and the Branch Manager of the company's Manthali branch, Nabaraj Khadka had given the presentations, highlighting importance of the non-life insurance.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Attendees at the program said that interest in insurance had increased in the local level, and such programs will contribute to the further expansion of insurance at the local level in the coming days.</span></span></p> ', 'published' => true, 'created' => '2023-11-09', 'modified' => '2023-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '19174', 'image' => '20231109054800_collage (5).jpg', 'article_date' => '2023-11-09 05:46:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19441', 'article_category_id' => '1', 'title' => 'Fund of Rs 500 Million set up to Support Women Entrepreneurship', 'sub_title' => '', 'summary' => 'November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">November 8: Global Equity Fund has set up a fund of Rs 500 million to support enterprises run by women entrepreneurs. The fund was set up with the aim of increasing the businesses run by women entrepreneurs by providing access to financial services. The Global Equity Fund started this fund with the technical support of Trade and Competitiveness of USAID.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The programme has been initiated after signing a letter of intent with three companies on Tuesday. The fund claims that this is the first of its kind in Nepal with a focus on women entrepreneurs.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund Managing Director Dr Manish Thapa said that the fund will support women entrepreneurs with financial assistance of a minimum of Rs 50 million to a maximum of Rs 500 million . According to him, investments will be made in the enterprise according to the needs and demands of the business. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“We have started looking at companies of women entrepreneurs. In the first phase, we will invest in 10 to 15 micro, small and medium enterprises (MSMEs),” said Thapa. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund has set certain criteria for investing money. As per the criteria, the enterprise seeking financial assistance must have 51 percent ownership of women. Also, the enterprise should have 30 percent women in leadership roles and 30 percent as board members. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The fund informed that companies that meet these criteria are entitled to receive investment from the fund. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the programme, Deputy Chief of Mission of the American Embassy, Jason Mix said that it will help to solve the systemic problem of access to finance that women are facing in entrepreneurship.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, mobilization of this fund will promote entrepreneurship and economic growth in Nepal. He also mentioned that women entrepreneurs face a lot of problems in starting and operating a business. It is also mentioned that the fund will increase the access of women entrepreneurs to capital, build their capacity and promote the relationship with the domestic and global markets.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Siddhanta Raj Pandey, president of Nepal Private Equity Association, said that the cooperation between the two organizations is admirable. He says that such funds will greatly help enterprises led by women entrepreneurs. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-11-08', 'modified' => '2023-11-08', 'keywords' => '', 'description' => '', 'sortorder' => '19171', 'image' => '20231108035057_20220612023555_woman.jpg', 'article_date' => '2023-11-08 15:50:11', '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
