July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY…
July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY…
lon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to…
Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee…
July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal…
July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers.…
July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said…
July 13: The number of children who drop out of school for employment is high in Dadeldhura.…
July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of…
July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July…
The government has fixed the minimum support price for paddy for the fiscal year 2080-81. A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for…
Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar. The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’…
Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and…
The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the…
July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship…
July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year.…
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">A meeting of the National Assembly on Thursday passed the Appropriation Bill, 2080, received from the House of Representatives with a message with a majority.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">In the meeting, Finance Minister Dr Prakash Sharan Mahat presented a proposal for the passage of the Appropriation Bill, 2080. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">Before this, a proposal for cutting the expenses under different headings of the Appropriation Bill, 2080, was rejected by a majority of the members.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The respective ministers had responded to queries raised in the course of deliberation on different topics under the Appropriation Bill, 2080 in the meeting.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The House of Representatives had passed the budget for the upcoming fiscal year on June 28. The government had presented the budget for fiscal year 2023/24 in a joint sitting of both houses of the Federal Parliament on May 29. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The passage of the budget from both the houses of parliament has paved the way for the government to implement the budget from the next fiscal year starting from July 17. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18187', 'image' => '20230713052749_parliament building.jpg', 'article_date' => '2023-07-13 17:27:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18456', 'article_category_id' => '1', 'title' => 'Elon Musk Announces a New AI Company', 'sub_title' => '', 'summary' => 'lon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">July 13: Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">The company, called xAI, unveiled a website and a team of a dozen staffers.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif"> The new company will be led by Musk, according to the website, and “will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission.”</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">“The goal of xAI is to understand the true nature of the universe,” the website states, echoing language Musk has used before to describe his AI ambitions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">Musk was an early backer of ChatGPT-creator OpenAI, but later criticized the company for inputting safeguards that aim to prevent the viral chatbot from spewing biased or sexist responses.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Helvetica",sans-serif">Musk’s announcement of the new company comes months after he warned in an interview that he thinks AI could cause “civilization destruction” and joined other tech leaders in </span>calling for a pause in an “out of control” AI race. (Agency) </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18186', 'image' => '20230713052232_collage (77).jpg', 'article_date' => '2023-07-13 17:20:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 2 => array( 'Article' => array( 'id' => '18455', 'article_category_id' => '1', 'title' => 'One More Held in Connection with Fake Bhutanese Refugee Scam', 'sub_title' => '', 'summary' => 'Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Keshab Tuladhar from Asan in Kathmandu, had been on the run but was arrested in Sano Bharyang, Kathmandu, said Superintendent of Police Rabindra Regmi, who also serves as the spokesperson for the Kathmandu Valley Crime Investigation Office.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following his arrest, Tuladhar has been sent to the district police range in Teku, Kathmandu for further investigation.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tuladhar’s arrest brings the total number of individuals detained in connection with the scam to 19. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18185', 'image' => '20230713044916_collage (76).jpg', 'article_date' => '2023-07-13 16:47:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18453', 'article_category_id' => '1', 'title' => 'Clients Surrender Insurance Policies worth Rs 12 Billion in 11 Months of Current FY', 'sub_title' => '', 'summary' => 'July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year. According to the Nepal Insurance Authority, by the end of Jestha (mid-June) of the current FY, the insured have surrendered 92,381 insurance policies. According to the authority, in the current fiscal year, the highest number of insurance policies was surrendered in the month of Shrawan (mid-July to mid-August).</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"">In Shrawan, the insured surrendered 8,422 insurance policies worth Rs 1.51 billion. The least amount of insurance was surrendered in the month of Ashoj (mid-September to mid-October) when 6,063 insurance policies worth Rs 773.32 million were surrendered.</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"">Last month (Jestha ie mid-May to mid-June) alone, clients surrendered insurance policies worth Rs 1.3 billion. The insured have surrendered 9,733 insurance policies in the review month. </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"">Nepal Life Insurance Company Ltd topped the list of companies whose clients surrendered their insurance policies in Jestha. The insured surrendered a total of 2,858 insurance policies worth Rs 433.39 million of Nepal Life Insurance Company.</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"">Likewise, Life Insurance Corporation (Nepal) Limited witnessed surrender of 1,722 insurance policies worth Rs 138.8 million. Similarly, clients surrendered 1,711 insurance policies worth Rs 124.6 million of Rastriya Bima Sanstha had during last month.</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"">Experts in the insurance sector share that the surrender of insurance policies has increased due to the economic recession. Shivnath Pandey, Chief Executive Officer (CEO) of Sanima Reliance Life Insurance Company said that due to the recession in various sectors, most of the insured are surrendering their policies. </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"">"Now, even though there is liquidity in the bank, there is a situation where the borrowers are not getting loans. There is also recession in the real estate," he said, adding, "That's why the insured surrender the policy to meet their basic needs."</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"">He added that it is easy for the insured because they can easily surrender the policy by giving an application when money is needed.</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"">"Since the recession is going on not only in Nepal but also in the whole world, it is natural to surrender the policies when the income source as well as the purchasing power is reduced," he said.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18183', 'image' => '20230713031420_Insurance.jpg', 'article_date' => '2023-07-13 15:13:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '18452', 'article_category_id' => '1', 'title' => 'Himalaya Airlines Launches e-booking Facility ', 'sub_title' => '', 'summary' => 'July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. The online ticket booking facility can be accessed through the company's website at www.himalaya-airlines.com. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Customers now have the option to make payments using various methods such as e-Sewa, a digital wallet, MasterCard, and Visa card. Additionally, the company has plans to expand payment options to include UnionPay and connect IPS in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The newly launched e-booking service offers several features, including the ability to request refunds, select ticket prices, and manage bookings. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The company's Vice President, Bijay Shrestha said that 'quality service' is the top priority of the Himalaya Airlines and the new facility is meant for enhancing its services. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18182', 'image' => '20230713023125_20221103093603_20210709114537_20210120123339_g576szqpnac61.jpg', 'article_date' => '2023-07-13 14:30:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18451', 'article_category_id' => '1', 'title' => 'World Hunger Stops Rising but Remains Elevated: UN', 'sub_title' => '', 'summary' => 'July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Agencies</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to a report prepared by five UN agencies, between 691 million and 783 million people faced hunger last year, with a midrange of 735 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">A news report published by the AFP states that the proportion of people facing chronic hunger rose from 7.9 percent of the world population in 2019 -- before the pandemic -- to 9.2 percent in 2022. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The annual rise "has stalled", however, with the total falling by about 3.8 million people between 2021 and 2022, according to the State of Food Security and Nutrition in the World report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">"There is no room for complacency though, as hunger is still on the rise throughout Africa, Western Asia and the Caribbean," AFP quoted the report as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report is "a snapshot of the world still recovering from a global pandemic and now grappling with the consequences of the war in Ukraine, which has further rattled food and energy markets." </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Since 2019, those crises have plunged an additional 122 million people into hunger, according to the UN, with women and those living in rural areas hit particularly hard.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The post-pandemic economic recovery helped improve the situation, "but there is no doubt that the modest progress has been undermined by rising food and energy prices magnified by the war in Ukraine," said the report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The estimates indicate that hunger "is no longer on the rise at the global level" but it remains "far above pre-COVID-19 pandemic levels and far off track to achieve Sustainable Development Goal 2" of a world free of hunger, the report said. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report was prepared by the UN Food and Agricultural Organization, the International Fund for Agricultural Development, UNICEF, the World Food Programme and the World Health Organization.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18181', 'image' => '20230713015339_WFP logo.jpg', 'article_date' => '2023-07-13 13:53:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18450', 'article_category_id' => '1', 'title' => 'Children of Dadeldhura Drop Out of School for Employment', 'sub_title' => '', 'summary' => 'July 13: The number of children who drop out of school for employment is high in Dadeldhura. ', '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"">July 13: The number of children who drop out of school for employment is high in Dadeldhura. They are forced to look for employment instead of studying because of weak financial situation. Some children are forced to drop out of school because they get married off at a young age.</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"">It has been found that the number of dropouts in Bhageswar Rural Municipality is high. According to the rural municipality, the number of students dropping out in the middle of the academic session are forced to go for employment due to economic hardship and child marriage. It has been found that more female students drop out from schools because their families marry them at a young age.</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"">This problem is not only prevalent in Bhageshwar. According to the Education Development and Coordination Unit, it is also seen in other municipalities of the district. There are more children who drop out of school from grade 1 to 10.</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"">"Parents whose economic conditions are weak are not able to give their children higher education," said Datti Singh Bhandari, the ward chairman of Ajaymeru Rural Municipality-1.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that it is necessary to create an environment where children can get higher education at the local level. According to Khagendra Bharti, chief administrative officer of Bhageswar Rural Municipality, lots of children in Bhageswar have dropped out of school so far. There are 8 secondary and 24 basic schools in the village which has 32 schools in total.</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 current academic session, 3,551 children are enrolled in the school. About 5.5 percent of children are out of reach of schools. </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 number of people who drop out of school and go to India for employment is high because of the close proximity with India.</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"">Ramesh Luhar, a local, said that they cannot afford higher education due to poverty and their parents take them to India for employment.</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"">“It is difficult to find jobs. Therefore our parents tell us to quit education because it is better to find jobs early than to seek employment after acquiring education,” he said.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18180', 'image' => '20230713123112_child labour cnn.jpg', 'article_date' => '2023-07-13 12:28:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18449', 'article_category_id' => '1', 'title' => 'CIAA Files Graft Cases against 13 Individuals', 'sub_title' => '', 'summary' => 'July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA on Wednesday filed a graft case against Om Narayan Jha, senior branch officer of the Ministry of Land Management, Agriculture and Cooperatives of Madhesh Province, Janakpurdham.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to CIAA Deputy Spokesperson Devi Prasad Thapalia, a case has been filed against Jha in the Special Court on charges of corruption while conducting income-generating training related to cooperatives in all eight districts of the province. CIAA has urged the court to slap a fine of Rs 701,380 against Jha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Likewise, CIAA has also filed a case against Arhula Kumari, the proprietor of Naishi General Order Suppliers, who helped Jha in corruption. The anti-graft body has demanded a fine of Rs 367,880 against Kumari for preparing fake bills.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA also filed cases against 11 more people in the Special Court on the charge of corruption during the construction of seven kilometers of road from Hanuman Chowk to Simalbadi under the Laxmi Marga road section in the fiscal year 2074/75 BS.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">CIAA filed a case against the then chief administrative officer of the rural municipality, Chola Raj Dangal, engineer Abhishek Das and sub-engineer Bigyan Chamlagai, on the charge of overpayment of Rs 229,823.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18179', 'image' => '20230713115133_CIAAAA - Copy.jpg', 'article_date' => '2023-07-13 11:48:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18448', 'article_category_id' => '1', 'title' => 'Besisahar-Chame Road to Remain Closed for Two Days ', 'sub_title' => '', 'summary' => 'July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Besisahar-Chame road project office shared that the road will remain closed from 10.00 am this morning (Thursday) till 5.00 pm Friday for the construction of two wooden bridges over the Timang power house rivulet and Syarku rivulet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Engineer at the project office, Suman Adhikari said that two wooden bridges, one in Chame Rural Municipality-1 over the Timang power house rivulet and another in ward-2 over the Syarku rivulet, are being constructed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further shared that vehicular movement has been brought to a grinding halt along the road stretch for the purpose. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Wooden bridges were constructed in the areas two years ago. Now, the materials used in the bridges are deteriorating so there is a plan to replace the wrought out materials with new ones. It has become an urgent need to avoid any accidents on the bridge through which loaded vehicles also pass through," he further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The wooden bridge to be constructed over the Timang rivulet will be nine meters long and four-and-a-half meters wide. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another wooden bridge to be constructed over the Syarku rivulet will be seven meters in length and four meters in breadth. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18178', 'image' => '20230713110441_245024098_4360451774047135_1486956867771642174_n.jpg', 'article_date' => '2023-07-13 11:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18447', 'article_category_id' => '1', 'title' => 'Government Fixes Minimum Support Price of Paddy', 'sub_title' => '', 'summary' => 'The government has fixed the minimum support price for paddy for the fiscal year 2080-81. A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: The government has fixed the minimum support price for paddy for the fiscal year 2080-81. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the upcoming fiscal year, the minimum support price has been set at Rs. 3,198 per quintal for ‘mota dhan’ and Rs. 3,362 per quintal for ‘madhyam dhan’. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The minimum support price determined for the fiscal year 2080-2081 has increased by Rs. 231 compared to the current fiscal year. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the current fiscal year, the government has set the minimum support price at Rs. 2,967 per quintal for ‘mota dhan’ and Rs. 3,128 per quintal for ‘madhyam dhan’. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18177', 'image' => '20230713060934_collage (11).jpg', 'article_date' => '2023-07-13 06:08:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18446', 'article_category_id' => '1', 'title' => 'Citizens Bank International Installs Drinking Water Tap at Chitwan’s Sauraha Chowk', 'sub_title' => '', 'summary' => 'Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar. The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">July 13: Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar, Chitwan. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Madhu Khanal, the branch manager of the Ratnanagar branch, handed over the drinking water tap to Madhav Prasad Aryal, the chairman of Ratnanagar Drinking Water Consumers’ Association. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The branch manager Khanal stated that the bank has provided the filter and drinking water tap to ensure clean drinking water to the local community, citizens coming to the market for shopping, and travelers as part of bank’s corporate social responsibility.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Khanal also informed that the bank has arranged gifts for women who open new accounts every Monday during the month of Shrawan. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18176', 'image' => '20230713055242_collage (10).jpg', 'article_date' => '2023-07-13 05:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18445', 'article_category_id' => '1', 'title' => 'Bangladesh and India Commence Trade in Indian Rupee', 'sub_title' => '', 'summary' => 'Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">July 12: Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">For the first time, Bangladesh's bilateral trade with India was conducted in the Indian rupee in addition to the US dollar.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Initially, the trade will be transacted in rupee and then gradually in Bangladeshi currency Taka upon the trade gap between the two countries decreasing, according to the central bank of Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The decision of doing trade in local currency has been taken as both neighboring countries face a dollar crisis.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The local currency-based trade was inaugurated at an event held in the capital Dhaka jointly organized by Bangladesh Bank and the Indian High Commission in Dhaka.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Banks in Bangladesh and India have been given permission to open nostro accounts, an account in a bank of another country for the purpose of foreign currency transactions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Bangladesh Bank Governor Abdur Rouf Talukder and High Commissioner of India in Bangladesh Pranay Verma were present at the ceremony organized to launch the trade in India rupee. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The exchange rate will be determined in line with market demand and banks involved in the process, explained Amit Kumar, State Bank of India’s head of operation in Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">(Agencies)</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18175', 'image' => '20230712053715_collage (75).jpg', 'article_date' => '2023-07-12 17:34:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18444', 'article_category_id' => '1', 'title' => 'NEPSE INDEX Gains 1.22% and Closes at 2097.55 Points', 'sub_title' => '', 'summary' => 'The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">July 12: The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">The NEPSE index saw a rise of 1.22% or 25.31 points and closed at 2097.55 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">With the selling pressure of quarter end of the current fiscal year coming to a close, benchmark index has become positive. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Buyers have been more active in the market, leading to an increase in trading volume during today’s trading session. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Wednesday, the sensitive index increased by 0.84 points, the float index increased by 1.17%, and the sensitive float index increased by 0.76 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">A total of 289 scrips traded hands via 59,539 transactions. A total of As many as 8,504,378 shares exchanged hands amounting to Rs. 3.18 billion in turnover amount.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">This is higher than the last trading day's turnover of Rs. 2.85 billion. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 33.93 crores closing at a market price of Rs. 660 per share.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Five scrips hit the positive circuit for the day.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">On the contrary, Rawa Energy Development Limited (RAWA) lost all 10% today.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only two sector indices closed in the red zone.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">"Hydropower" gained the highest 4.41%, while "Finance" lost the highest 1.95% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18174', 'image' => '20230712045955_collage (74).jpg', 'article_date' => '2023-07-12 16:58:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '18443', 'article_category_id' => '1', 'title' => 'Japan to Provide Scholarships worth Rs 385 Million to Civil Servants of Nepal', 'sub_title' => '', 'summary' => 'July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).', '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"">July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).</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"">Finance Secretary Arjun Prasad Pokharel and Japanese Ambassador to Nepal Kikuta Yutaka signed the agreement amid a formal program held at the Ministry of Finance on Wednesday.</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 agreement, the Japanese government will provide a grant of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">385</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million (</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">424</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million Japanese yen) as scholarships for civil servants in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2024.</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"">This grant money will be used for postgraduate and PhD level scholarships for the civil servants. The Japanese government has been providing such assistance to Nepal since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2015.</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"">Under the JDS program, Japan has provided scholarships to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> civil servants in two phases from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2016</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2022. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Under the third phase of this scholarship program, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">civil servants will be able to study master's degree and two people will be able to study at the PhD level.</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"">Shree Krishna Nepal, head of the International Economic Coordination Division under the Ministry of Finance, and Lizuka Kenichiro, a senior representative of the Japan International Cooperation Agency (JICA), were present during the signing ceremony.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18173', 'image' => '20230712040621_1689146427.Schoolship 1.jpg', 'article_date' => '2023-07-12 16:05:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18441', 'article_category_id' => '1', 'title' => 'Traffic Police Took Action against 876,000 Vehicles in Katmandu Valley this Year', 'sub_title' => '', 'summary' => 'July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. ', '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"">July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. The teams deployed by the Kathmandu Valley Traffic Police Office took action against vehicles violating traffic rules in Kathmandu, Bhaktapur and Lalitpur in the current financial year (FY).</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"">Spokesperson for the traffic police office and Senior Superintendent of Police Rajendra Prasad Bhatt said 38,362 vehicles were fined for breaching lane discipline, 53,064 vehicles for driving under the influence of alcohol, 28,932 vehicles for driving while red lights were on.</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"">Similarly, action was taken against drivers of 56,524 vehicles for over-speeding, 136,039 vehicles for parking randomly, 736 for not using reservation seats, 14,447 blowing horns randomly, 148 people for driving vehicles under the influence of drugs and 16,485 people for overloading their vehicles. </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"">More than 1,800 traffic police were mobilized from the Valley Traffic Police Office under the leadership of the Deputy Inspector General of Police (DIG) for the management of vehicles in the Kathmandu Valley. Currently, there are more than 3 million vehicles in operation across the country. Among them, only 1.2 million to 1.5 million vehicles are operating in Kathmandu Valley.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18171', 'image' => '20230712025957_1689151258.jpg', 'article_date' => '2023-07-12 14:59:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '18457', 'article_category_id' => '1', 'title' => 'Both Houses of Parliament Pass Budget for Upcoming Fiscal Year', 'sub_title' => '', 'summary' => 'July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">A meeting of the National Assembly on Thursday passed the Appropriation Bill, 2080, received from the House of Representatives with a message with a majority.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">In the meeting, Finance Minister Dr Prakash Sharan Mahat presented a proposal for the passage of the Appropriation Bill, 2080. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">Before this, a proposal for cutting the expenses under different headings of the Appropriation Bill, 2080, was rejected by a majority of the members.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The respective ministers had responded to queries raised in the course of deliberation on different topics under the Appropriation Bill, 2080 in the meeting.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The House of Representatives had passed the budget for the upcoming fiscal year on June 28. The government had presented the budget for fiscal year 2023/24 in a joint sitting of both houses of the Federal Parliament on May 29. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The passage of the budget from both the houses of parliament has paved the way for the government to implement the budget from the next fiscal year starting from July 17. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18187', 'image' => '20230713052749_parliament building.jpg', 'article_date' => '2023-07-13 17:27:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18456', 'article_category_id' => '1', 'title' => 'Elon Musk Announces a New AI Company', 'sub_title' => '', 'summary' => 'lon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">July 13: Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">The company, called xAI, unveiled a website and a team of a dozen staffers.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif"> The new company will be led by Musk, according to the website, and “will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission.”</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">“The goal of xAI is to understand the true nature of the universe,” the website states, echoing language Musk has used before to describe his AI ambitions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">Musk was an early backer of ChatGPT-creator OpenAI, but later criticized the company for inputting safeguards that aim to prevent the viral chatbot from spewing biased or sexist responses.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Helvetica",sans-serif">Musk’s announcement of the new company comes months after he warned in an interview that he thinks AI could cause “civilization destruction” and joined other tech leaders in </span>calling for a pause in an “out of control” AI race. (Agency) </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18186', 'image' => '20230713052232_collage (77).jpg', 'article_date' => '2023-07-13 17:20:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 2 => array( 'Article' => array( 'id' => '18455', 'article_category_id' => '1', 'title' => 'One More Held in Connection with Fake Bhutanese Refugee Scam', 'sub_title' => '', 'summary' => 'Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Keshab Tuladhar from Asan in Kathmandu, had been on the run but was arrested in Sano Bharyang, Kathmandu, said Superintendent of Police Rabindra Regmi, who also serves as the spokesperson for the Kathmandu Valley Crime Investigation Office.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following his arrest, Tuladhar has been sent to the district police range in Teku, Kathmandu for further investigation.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tuladhar’s arrest brings the total number of individuals detained in connection with the scam to 19. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18185', 'image' => '20230713044916_collage (76).jpg', 'article_date' => '2023-07-13 16:47:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18453', 'article_category_id' => '1', 'title' => 'Clients Surrender Insurance Policies worth Rs 12 Billion in 11 Months of Current FY', 'sub_title' => '', 'summary' => 'July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year. According to the Nepal Insurance Authority, by the end of Jestha (mid-June) of the current FY, the insured have surrendered 92,381 insurance policies. According to the authority, in the current fiscal year, the highest number of insurance policies was surrendered in the month of Shrawan (mid-July to mid-August).</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"">In Shrawan, the insured surrendered 8,422 insurance policies worth Rs 1.51 billion. The least amount of insurance was surrendered in the month of Ashoj (mid-September to mid-October) when 6,063 insurance policies worth Rs 773.32 million were surrendered.</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"">Last month (Jestha ie mid-May to mid-June) alone, clients surrendered insurance policies worth Rs 1.3 billion. The insured have surrendered 9,733 insurance policies in the review month. </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"">Nepal Life Insurance Company Ltd topped the list of companies whose clients surrendered their insurance policies in Jestha. The insured surrendered a total of 2,858 insurance policies worth Rs 433.39 million of Nepal Life Insurance Company.</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"">Likewise, Life Insurance Corporation (Nepal) Limited witnessed surrender of 1,722 insurance policies worth Rs 138.8 million. Similarly, clients surrendered 1,711 insurance policies worth Rs 124.6 million of Rastriya Bima Sanstha had during last month.</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"">Experts in the insurance sector share that the surrender of insurance policies has increased due to the economic recession. Shivnath Pandey, Chief Executive Officer (CEO) of Sanima Reliance Life Insurance Company said that due to the recession in various sectors, most of the insured are surrendering their policies. </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"">"Now, even though there is liquidity in the bank, there is a situation where the borrowers are not getting loans. There is also recession in the real estate," he said, adding, "That's why the insured surrender the policy to meet their basic needs."</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"">He added that it is easy for the insured because they can easily surrender the policy by giving an application when money is needed.</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"">"Since the recession is going on not only in Nepal but also in the whole world, it is natural to surrender the policies when the income source as well as the purchasing power is reduced," he said.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18183', 'image' => '20230713031420_Insurance.jpg', 'article_date' => '2023-07-13 15:13:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '18452', 'article_category_id' => '1', 'title' => 'Himalaya Airlines Launches e-booking Facility ', 'sub_title' => '', 'summary' => 'July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. The online ticket booking facility can be accessed through the company's website at www.himalaya-airlines.com. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Customers now have the option to make payments using various methods such as e-Sewa, a digital wallet, MasterCard, and Visa card. Additionally, the company has plans to expand payment options to include UnionPay and connect IPS in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The newly launched e-booking service offers several features, including the ability to request refunds, select ticket prices, and manage bookings. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The company's Vice President, Bijay Shrestha said that 'quality service' is the top priority of the Himalaya Airlines and the new facility is meant for enhancing its services. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18182', 'image' => '20230713023125_20221103093603_20210709114537_20210120123339_g576szqpnac61.jpg', 'article_date' => '2023-07-13 14:30:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18451', 'article_category_id' => '1', 'title' => 'World Hunger Stops Rising but Remains Elevated: UN', 'sub_title' => '', 'summary' => 'July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Agencies</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to a report prepared by five UN agencies, between 691 million and 783 million people faced hunger last year, with a midrange of 735 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">A news report published by the AFP states that the proportion of people facing chronic hunger rose from 7.9 percent of the world population in 2019 -- before the pandemic -- to 9.2 percent in 2022. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The annual rise "has stalled", however, with the total falling by about 3.8 million people between 2021 and 2022, according to the State of Food Security and Nutrition in the World report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">"There is no room for complacency though, as hunger is still on the rise throughout Africa, Western Asia and the Caribbean," AFP quoted the report as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report is "a snapshot of the world still recovering from a global pandemic and now grappling with the consequences of the war in Ukraine, which has further rattled food and energy markets." </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Since 2019, those crises have plunged an additional 122 million people into hunger, according to the UN, with women and those living in rural areas hit particularly hard.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The post-pandemic economic recovery helped improve the situation, "but there is no doubt that the modest progress has been undermined by rising food and energy prices magnified by the war in Ukraine," said the report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The estimates indicate that hunger "is no longer on the rise at the global level" but it remains "far above pre-COVID-19 pandemic levels and far off track to achieve Sustainable Development Goal 2" of a world free of hunger, the report said. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report was prepared by the UN Food and Agricultural Organization, the International Fund for Agricultural Development, UNICEF, the World Food Programme and the World Health Organization.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18181', 'image' => '20230713015339_WFP logo.jpg', 'article_date' => '2023-07-13 13:53:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18450', 'article_category_id' => '1', 'title' => 'Children of Dadeldhura Drop Out of School for Employment', 'sub_title' => '', 'summary' => 'July 13: The number of children who drop out of school for employment is high in Dadeldhura. ', '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"">July 13: The number of children who drop out of school for employment is high in Dadeldhura. They are forced to look for employment instead of studying because of weak financial situation. Some children are forced to drop out of school because they get married off at a young age.</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"">It has been found that the number of dropouts in Bhageswar Rural Municipality is high. According to the rural municipality, the number of students dropping out in the middle of the academic session are forced to go for employment due to economic hardship and child marriage. It has been found that more female students drop out from schools because their families marry them at a young age.</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"">This problem is not only prevalent in Bhageshwar. According to the Education Development and Coordination Unit, it is also seen in other municipalities of the district. There are more children who drop out of school from grade 1 to 10.</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"">"Parents whose economic conditions are weak are not able to give their children higher education," said Datti Singh Bhandari, the ward chairman of Ajaymeru Rural Municipality-1.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that it is necessary to create an environment where children can get higher education at the local level. According to Khagendra Bharti, chief administrative officer of Bhageswar Rural Municipality, lots of children in Bhageswar have dropped out of school so far. There are 8 secondary and 24 basic schools in the village which has 32 schools in total.</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 current academic session, 3,551 children are enrolled in the school. About 5.5 percent of children are out of reach of schools. </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 number of people who drop out of school and go to India for employment is high because of the close proximity with India.</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"">Ramesh Luhar, a local, said that they cannot afford higher education due to poverty and their parents take them to India for employment.</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"">“It is difficult to find jobs. Therefore our parents tell us to quit education because it is better to find jobs early than to seek employment after acquiring education,” he said.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18180', 'image' => '20230713123112_child labour cnn.jpg', 'article_date' => '2023-07-13 12:28:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18449', 'article_category_id' => '1', 'title' => 'CIAA Files Graft Cases against 13 Individuals', 'sub_title' => '', 'summary' => 'July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA on Wednesday filed a graft case against Om Narayan Jha, senior branch officer of the Ministry of Land Management, Agriculture and Cooperatives of Madhesh Province, Janakpurdham.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to CIAA Deputy Spokesperson Devi Prasad Thapalia, a case has been filed against Jha in the Special Court on charges of corruption while conducting income-generating training related to cooperatives in all eight districts of the province. CIAA has urged the court to slap a fine of Rs 701,380 against Jha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Likewise, CIAA has also filed a case against Arhula Kumari, the proprietor of Naishi General Order Suppliers, who helped Jha in corruption. The anti-graft body has demanded a fine of Rs 367,880 against Kumari for preparing fake bills.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA also filed cases against 11 more people in the Special Court on the charge of corruption during the construction of seven kilometers of road from Hanuman Chowk to Simalbadi under the Laxmi Marga road section in the fiscal year 2074/75 BS.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">CIAA filed a case against the then chief administrative officer of the rural municipality, Chola Raj Dangal, engineer Abhishek Das and sub-engineer Bigyan Chamlagai, on the charge of overpayment of Rs 229,823.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18179', 'image' => '20230713115133_CIAAAA - Copy.jpg', 'article_date' => '2023-07-13 11:48:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18448', 'article_category_id' => '1', 'title' => 'Besisahar-Chame Road to Remain Closed for Two Days ', 'sub_title' => '', 'summary' => 'July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Besisahar-Chame road project office shared that the road will remain closed from 10.00 am this morning (Thursday) till 5.00 pm Friday for the construction of two wooden bridges over the Timang power house rivulet and Syarku rivulet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Engineer at the project office, Suman Adhikari said that two wooden bridges, one in Chame Rural Municipality-1 over the Timang power house rivulet and another in ward-2 over the Syarku rivulet, are being constructed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further shared that vehicular movement has been brought to a grinding halt along the road stretch for the purpose. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Wooden bridges were constructed in the areas two years ago. Now, the materials used in the bridges are deteriorating so there is a plan to replace the wrought out materials with new ones. It has become an urgent need to avoid any accidents on the bridge through which loaded vehicles also pass through," he further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The wooden bridge to be constructed over the Timang rivulet will be nine meters long and four-and-a-half meters wide. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another wooden bridge to be constructed over the Syarku rivulet will be seven meters in length and four meters in breadth. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18178', 'image' => '20230713110441_245024098_4360451774047135_1486956867771642174_n.jpg', 'article_date' => '2023-07-13 11:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18447', 'article_category_id' => '1', 'title' => 'Government Fixes Minimum Support Price of Paddy', 'sub_title' => '', 'summary' => 'The government has fixed the minimum support price for paddy for the fiscal year 2080-81. A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: The government has fixed the minimum support price for paddy for the fiscal year 2080-81. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the upcoming fiscal year, the minimum support price has been set at Rs. 3,198 per quintal for ‘mota dhan’ and Rs. 3,362 per quintal for ‘madhyam dhan’. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The minimum support price determined for the fiscal year 2080-2081 has increased by Rs. 231 compared to the current fiscal year. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the current fiscal year, the government has set the minimum support price at Rs. 2,967 per quintal for ‘mota dhan’ and Rs. 3,128 per quintal for ‘madhyam dhan’. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18177', 'image' => '20230713060934_collage (11).jpg', 'article_date' => '2023-07-13 06:08:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18446', 'article_category_id' => '1', 'title' => 'Citizens Bank International Installs Drinking Water Tap at Chitwan’s Sauraha Chowk', 'sub_title' => '', 'summary' => 'Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar. The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">July 13: Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar, Chitwan. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Madhu Khanal, the branch manager of the Ratnanagar branch, handed over the drinking water tap to Madhav Prasad Aryal, the chairman of Ratnanagar Drinking Water Consumers’ Association. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The branch manager Khanal stated that the bank has provided the filter and drinking water tap to ensure clean drinking water to the local community, citizens coming to the market for shopping, and travelers as part of bank’s corporate social responsibility.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Khanal also informed that the bank has arranged gifts for women who open new accounts every Monday during the month of Shrawan. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18176', 'image' => '20230713055242_collage (10).jpg', 'article_date' => '2023-07-13 05:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18445', 'article_category_id' => '1', 'title' => 'Bangladesh and India Commence Trade in Indian Rupee', 'sub_title' => '', 'summary' => 'Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">July 12: Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">For the first time, Bangladesh's bilateral trade with India was conducted in the Indian rupee in addition to the US dollar.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Initially, the trade will be transacted in rupee and then gradually in Bangladeshi currency Taka upon the trade gap between the two countries decreasing, according to the central bank of Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The decision of doing trade in local currency has been taken as both neighboring countries face a dollar crisis.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The local currency-based trade was inaugurated at an event held in the capital Dhaka jointly organized by Bangladesh Bank and the Indian High Commission in Dhaka.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Banks in Bangladesh and India have been given permission to open nostro accounts, an account in a bank of another country for the purpose of foreign currency transactions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Bangladesh Bank Governor Abdur Rouf Talukder and High Commissioner of India in Bangladesh Pranay Verma were present at the ceremony organized to launch the trade in India rupee. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The exchange rate will be determined in line with market demand and banks involved in the process, explained Amit Kumar, State Bank of India’s head of operation in Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">(Agencies)</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18175', 'image' => '20230712053715_collage (75).jpg', 'article_date' => '2023-07-12 17:34:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18444', 'article_category_id' => '1', 'title' => 'NEPSE INDEX Gains 1.22% and Closes at 2097.55 Points', 'sub_title' => '', 'summary' => 'The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">July 12: The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">The NEPSE index saw a rise of 1.22% or 25.31 points and closed at 2097.55 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">With the selling pressure of quarter end of the current fiscal year coming to a close, benchmark index has become positive. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Buyers have been more active in the market, leading to an increase in trading volume during today’s trading session. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Wednesday, the sensitive index increased by 0.84 points, the float index increased by 1.17%, and the sensitive float index increased by 0.76 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">A total of 289 scrips traded hands via 59,539 transactions. A total of As many as 8,504,378 shares exchanged hands amounting to Rs. 3.18 billion in turnover amount.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">This is higher than the last trading day's turnover of Rs. 2.85 billion. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 33.93 crores closing at a market price of Rs. 660 per share.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Five scrips hit the positive circuit for the day.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">On the contrary, Rawa Energy Development Limited (RAWA) lost all 10% today.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only two sector indices closed in the red zone.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">"Hydropower" gained the highest 4.41%, while "Finance" lost the highest 1.95% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18174', 'image' => '20230712045955_collage (74).jpg', 'article_date' => '2023-07-12 16:58:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '18443', 'article_category_id' => '1', 'title' => 'Japan to Provide Scholarships worth Rs 385 Million to Civil Servants of Nepal', 'sub_title' => '', 'summary' => 'July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).', '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"">July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).</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"">Finance Secretary Arjun Prasad Pokharel and Japanese Ambassador to Nepal Kikuta Yutaka signed the agreement amid a formal program held at the Ministry of Finance on Wednesday.</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 agreement, the Japanese government will provide a grant of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">385</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million (</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">424</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million Japanese yen) as scholarships for civil servants in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2024.</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"">This grant money will be used for postgraduate and PhD level scholarships for the civil servants. The Japanese government has been providing such assistance to Nepal since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2015.</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"">Under the JDS program, Japan has provided scholarships to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> civil servants in two phases from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2016</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2022. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Under the third phase of this scholarship program, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">civil servants will be able to study master's degree and two people will be able to study at the PhD level.</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"">Shree Krishna Nepal, head of the International Economic Coordination Division under the Ministry of Finance, and Lizuka Kenichiro, a senior representative of the Japan International Cooperation Agency (JICA), were present during the signing ceremony.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18173', 'image' => '20230712040621_1689146427.Schoolship 1.jpg', 'article_date' => '2023-07-12 16:05:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18441', 'article_category_id' => '1', 'title' => 'Traffic Police Took Action against 876,000 Vehicles in Katmandu Valley this Year', 'sub_title' => '', 'summary' => 'July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. ', '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"">July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. The teams deployed by the Kathmandu Valley Traffic Police Office took action against vehicles violating traffic rules in Kathmandu, Bhaktapur and Lalitpur in the current financial year (FY).</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"">Spokesperson for the traffic police office and Senior Superintendent of Police Rajendra Prasad Bhatt said 38,362 vehicles were fined for breaching lane discipline, 53,064 vehicles for driving under the influence of alcohol, 28,932 vehicles for driving while red lights were on.</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"">Similarly, action was taken against drivers of 56,524 vehicles for over-speeding, 136,039 vehicles for parking randomly, 736 for not using reservation seats, 14,447 blowing horns randomly, 148 people for driving vehicles under the influence of drugs and 16,485 people for overloading their vehicles. </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"">More than 1,800 traffic police were mobilized from the Valley Traffic Police Office under the leadership of the Deputy Inspector General of Police (DIG) for the management of vehicles in the Kathmandu Valley. Currently, there are more than 3 million vehicles in operation across the country. Among them, only 1.2 million to 1.5 million vehicles are operating in Kathmandu Valley.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18171', 'image' => '20230712025957_1689151258.jpg', 'article_date' => '2023-07-12 14:59:21', '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' => '18457', 'article_category_id' => '1', 'title' => 'Both Houses of Parliament Pass Budget for Upcoming Fiscal Year', 'sub_title' => '', 'summary' => 'July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">A meeting of the National Assembly on Thursday passed the Appropriation Bill, 2080, received from the House of Representatives with a message with a majority.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">In the meeting, Finance Minister Dr Prakash Sharan Mahat presented a proposal for the passage of the Appropriation Bill, 2080. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">Before this, a proposal for cutting the expenses under different headings of the Appropriation Bill, 2080, was rejected by a majority of the members.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The respective ministers had responded to queries raised in the course of deliberation on different topics under the Appropriation Bill, 2080 in the meeting.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The House of Representatives had passed the budget for the upcoming fiscal year on June 28. The government had presented the budget for fiscal year 2023/24 in a joint sitting of both houses of the Federal Parliament on May 29. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The passage of the budget from both the houses of parliament has paved the way for the government to implement the budget from the next fiscal year starting from July 17. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18187', 'image' => '20230713052749_parliament building.jpg', 'article_date' => '2023-07-13 17:27:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18456', 'article_category_id' => '1', 'title' => 'Elon Musk Announces a New AI Company', 'sub_title' => '', 'summary' => 'lon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">July 13: Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">The company, called xAI, unveiled a website and a team of a dozen staffers.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif"> The new company will be led by Musk, according to the website, and “will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission.”</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">“The goal of xAI is to understand the true nature of the universe,” the website states, echoing language Musk has used before to describe his AI ambitions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">Musk was an early backer of ChatGPT-creator OpenAI, but later criticized the company for inputting safeguards that aim to prevent the viral chatbot from spewing biased or sexist responses.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Helvetica",sans-serif">Musk’s announcement of the new company comes months after he warned in an interview that he thinks AI could cause “civilization destruction” and joined other tech leaders in </span>calling for a pause in an “out of control” AI race. (Agency) </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18186', 'image' => '20230713052232_collage (77).jpg', 'article_date' => '2023-07-13 17:20:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 2 => array( 'Article' => array( 'id' => '18455', 'article_category_id' => '1', 'title' => 'One More Held in Connection with Fake Bhutanese Refugee Scam', 'sub_title' => '', 'summary' => 'Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Keshab Tuladhar from Asan in Kathmandu, had been on the run but was arrested in Sano Bharyang, Kathmandu, said Superintendent of Police Rabindra Regmi, who also serves as the spokesperson for the Kathmandu Valley Crime Investigation Office.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following his arrest, Tuladhar has been sent to the district police range in Teku, Kathmandu for further investigation.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tuladhar’s arrest brings the total number of individuals detained in connection with the scam to 19. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18185', 'image' => '20230713044916_collage (76).jpg', 'article_date' => '2023-07-13 16:47:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18453', 'article_category_id' => '1', 'title' => 'Clients Surrender Insurance Policies worth Rs 12 Billion in 11 Months of Current FY', 'sub_title' => '', 'summary' => 'July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year. According to the Nepal Insurance Authority, by the end of Jestha (mid-June) of the current FY, the insured have surrendered 92,381 insurance policies. According to the authority, in the current fiscal year, the highest number of insurance policies was surrendered in the month of Shrawan (mid-July to mid-August).</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"">In Shrawan, the insured surrendered 8,422 insurance policies worth Rs 1.51 billion. The least amount of insurance was surrendered in the month of Ashoj (mid-September to mid-October) when 6,063 insurance policies worth Rs 773.32 million were surrendered.</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"">Last month (Jestha ie mid-May to mid-June) alone, clients surrendered insurance policies worth Rs 1.3 billion. The insured have surrendered 9,733 insurance policies in the review month. </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"">Nepal Life Insurance Company Ltd topped the list of companies whose clients surrendered their insurance policies in Jestha. The insured surrendered a total of 2,858 insurance policies worth Rs 433.39 million of Nepal Life Insurance Company.</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"">Likewise, Life Insurance Corporation (Nepal) Limited witnessed surrender of 1,722 insurance policies worth Rs 138.8 million. Similarly, clients surrendered 1,711 insurance policies worth Rs 124.6 million of Rastriya Bima Sanstha had during last month.</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"">Experts in the insurance sector share that the surrender of insurance policies has increased due to the economic recession. Shivnath Pandey, Chief Executive Officer (CEO) of Sanima Reliance Life Insurance Company said that due to the recession in various sectors, most of the insured are surrendering their policies. </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"">"Now, even though there is liquidity in the bank, there is a situation where the borrowers are not getting loans. There is also recession in the real estate," he said, adding, "That's why the insured surrender the policy to meet their basic needs."</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"">He added that it is easy for the insured because they can easily surrender the policy by giving an application when money is needed.</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"">"Since the recession is going on not only in Nepal but also in the whole world, it is natural to surrender the policies when the income source as well as the purchasing power is reduced," he said.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18183', 'image' => '20230713031420_Insurance.jpg', 'article_date' => '2023-07-13 15:13:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '18452', 'article_category_id' => '1', 'title' => 'Himalaya Airlines Launches e-booking Facility ', 'sub_title' => '', 'summary' => 'July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. The online ticket booking facility can be accessed through the company's website at www.himalaya-airlines.com. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Customers now have the option to make payments using various methods such as e-Sewa, a digital wallet, MasterCard, and Visa card. Additionally, the company has plans to expand payment options to include UnionPay and connect IPS in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The newly launched e-booking service offers several features, including the ability to request refunds, select ticket prices, and manage bookings. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The company's Vice President, Bijay Shrestha said that 'quality service' is the top priority of the Himalaya Airlines and the new facility is meant for enhancing its services. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18182', 'image' => '20230713023125_20221103093603_20210709114537_20210120123339_g576szqpnac61.jpg', 'article_date' => '2023-07-13 14:30:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18451', 'article_category_id' => '1', 'title' => 'World Hunger Stops Rising but Remains Elevated: UN', 'sub_title' => '', 'summary' => 'July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Agencies</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to a report prepared by five UN agencies, between 691 million and 783 million people faced hunger last year, with a midrange of 735 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">A news report published by the AFP states that the proportion of people facing chronic hunger rose from 7.9 percent of the world population in 2019 -- before the pandemic -- to 9.2 percent in 2022. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The annual rise "has stalled", however, with the total falling by about 3.8 million people between 2021 and 2022, according to the State of Food Security and Nutrition in the World report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">"There is no room for complacency though, as hunger is still on the rise throughout Africa, Western Asia and the Caribbean," AFP quoted the report as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report is "a snapshot of the world still recovering from a global pandemic and now grappling with the consequences of the war in Ukraine, which has further rattled food and energy markets." </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Since 2019, those crises have plunged an additional 122 million people into hunger, according to the UN, with women and those living in rural areas hit particularly hard.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The post-pandemic economic recovery helped improve the situation, "but there is no doubt that the modest progress has been undermined by rising food and energy prices magnified by the war in Ukraine," said the report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The estimates indicate that hunger "is no longer on the rise at the global level" but it remains "far above pre-COVID-19 pandemic levels and far off track to achieve Sustainable Development Goal 2" of a world free of hunger, the report said. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report was prepared by the UN Food and Agricultural Organization, the International Fund for Agricultural Development, UNICEF, the World Food Programme and the World Health Organization.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18181', 'image' => '20230713015339_WFP logo.jpg', 'article_date' => '2023-07-13 13:53:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18450', 'article_category_id' => '1', 'title' => 'Children of Dadeldhura Drop Out of School for Employment', 'sub_title' => '', 'summary' => 'July 13: The number of children who drop out of school for employment is high in Dadeldhura. ', '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"">July 13: The number of children who drop out of school for employment is high in Dadeldhura. They are forced to look for employment instead of studying because of weak financial situation. Some children are forced to drop out of school because they get married off at a young age.</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"">It has been found that the number of dropouts in Bhageswar Rural Municipality is high. According to the rural municipality, the number of students dropping out in the middle of the academic session are forced to go for employment due to economic hardship and child marriage. It has been found that more female students drop out from schools because their families marry them at a young age.</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"">This problem is not only prevalent in Bhageshwar. According to the Education Development and Coordination Unit, it is also seen in other municipalities of the district. There are more children who drop out of school from grade 1 to 10.</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"">"Parents whose economic conditions are weak are not able to give their children higher education," said Datti Singh Bhandari, the ward chairman of Ajaymeru Rural Municipality-1.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that it is necessary to create an environment where children can get higher education at the local level. According to Khagendra Bharti, chief administrative officer of Bhageswar Rural Municipality, lots of children in Bhageswar have dropped out of school so far. There are 8 secondary and 24 basic schools in the village which has 32 schools in total.</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 current academic session, 3,551 children are enrolled in the school. About 5.5 percent of children are out of reach of schools. </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 number of people who drop out of school and go to India for employment is high because of the close proximity with India.</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"">Ramesh Luhar, a local, said that they cannot afford higher education due to poverty and their parents take them to India for employment.</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"">“It is difficult to find jobs. Therefore our parents tell us to quit education because it is better to find jobs early than to seek employment after acquiring education,” he said.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18180', 'image' => '20230713123112_child labour cnn.jpg', 'article_date' => '2023-07-13 12:28:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18449', 'article_category_id' => '1', 'title' => 'CIAA Files Graft Cases against 13 Individuals', 'sub_title' => '', 'summary' => 'July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA on Wednesday filed a graft case against Om Narayan Jha, senior branch officer of the Ministry of Land Management, Agriculture and Cooperatives of Madhesh Province, Janakpurdham.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to CIAA Deputy Spokesperson Devi Prasad Thapalia, a case has been filed against Jha in the Special Court on charges of corruption while conducting income-generating training related to cooperatives in all eight districts of the province. CIAA has urged the court to slap a fine of Rs 701,380 against Jha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Likewise, CIAA has also filed a case against Arhula Kumari, the proprietor of Naishi General Order Suppliers, who helped Jha in corruption. The anti-graft body has demanded a fine of Rs 367,880 against Kumari for preparing fake bills.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA also filed cases against 11 more people in the Special Court on the charge of corruption during the construction of seven kilometers of road from Hanuman Chowk to Simalbadi under the Laxmi Marga road section in the fiscal year 2074/75 BS.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">CIAA filed a case against the then chief administrative officer of the rural municipality, Chola Raj Dangal, engineer Abhishek Das and sub-engineer Bigyan Chamlagai, on the charge of overpayment of Rs 229,823.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18179', 'image' => '20230713115133_CIAAAA - Copy.jpg', 'article_date' => '2023-07-13 11:48:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18448', 'article_category_id' => '1', 'title' => 'Besisahar-Chame Road to Remain Closed for Two Days ', 'sub_title' => '', 'summary' => 'July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Besisahar-Chame road project office shared that the road will remain closed from 10.00 am this morning (Thursday) till 5.00 pm Friday for the construction of two wooden bridges over the Timang power house rivulet and Syarku rivulet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Engineer at the project office, Suman Adhikari said that two wooden bridges, one in Chame Rural Municipality-1 over the Timang power house rivulet and another in ward-2 over the Syarku rivulet, are being constructed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further shared that vehicular movement has been brought to a grinding halt along the road stretch for the purpose. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Wooden bridges were constructed in the areas two years ago. Now, the materials used in the bridges are deteriorating so there is a plan to replace the wrought out materials with new ones. It has become an urgent need to avoid any accidents on the bridge through which loaded vehicles also pass through," he further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The wooden bridge to be constructed over the Timang rivulet will be nine meters long and four-and-a-half meters wide. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another wooden bridge to be constructed over the Syarku rivulet will be seven meters in length and four meters in breadth. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18178', 'image' => '20230713110441_245024098_4360451774047135_1486956867771642174_n.jpg', 'article_date' => '2023-07-13 11:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18447', 'article_category_id' => '1', 'title' => 'Government Fixes Minimum Support Price of Paddy', 'sub_title' => '', 'summary' => 'The government has fixed the minimum support price for paddy for the fiscal year 2080-81. A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: The government has fixed the minimum support price for paddy for the fiscal year 2080-81. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the upcoming fiscal year, the minimum support price has been set at Rs. 3,198 per quintal for ‘mota dhan’ and Rs. 3,362 per quintal for ‘madhyam dhan’. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The minimum support price determined for the fiscal year 2080-2081 has increased by Rs. 231 compared to the current fiscal year. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the current fiscal year, the government has set the minimum support price at Rs. 2,967 per quintal for ‘mota dhan’ and Rs. 3,128 per quintal for ‘madhyam dhan’. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18177', 'image' => '20230713060934_collage (11).jpg', 'article_date' => '2023-07-13 06:08:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18446', 'article_category_id' => '1', 'title' => 'Citizens Bank International Installs Drinking Water Tap at Chitwan’s Sauraha Chowk', 'sub_title' => '', 'summary' => 'Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar. The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">July 13: Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar, Chitwan. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Madhu Khanal, the branch manager of the Ratnanagar branch, handed over the drinking water tap to Madhav Prasad Aryal, the chairman of Ratnanagar Drinking Water Consumers’ Association. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The branch manager Khanal stated that the bank has provided the filter and drinking water tap to ensure clean drinking water to the local community, citizens coming to the market for shopping, and travelers as part of bank’s corporate social responsibility.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Khanal also informed that the bank has arranged gifts for women who open new accounts every Monday during the month of Shrawan. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18176', 'image' => '20230713055242_collage (10).jpg', 'article_date' => '2023-07-13 05:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18445', 'article_category_id' => '1', 'title' => 'Bangladesh and India Commence Trade in Indian Rupee', 'sub_title' => '', 'summary' => 'Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">July 12: Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">For the first time, Bangladesh's bilateral trade with India was conducted in the Indian rupee in addition to the US dollar.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Initially, the trade will be transacted in rupee and then gradually in Bangladeshi currency Taka upon the trade gap between the two countries decreasing, according to the central bank of Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The decision of doing trade in local currency has been taken as both neighboring countries face a dollar crisis.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The local currency-based trade was inaugurated at an event held in the capital Dhaka jointly organized by Bangladesh Bank and the Indian High Commission in Dhaka.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Banks in Bangladesh and India have been given permission to open nostro accounts, an account in a bank of another country for the purpose of foreign currency transactions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Bangladesh Bank Governor Abdur Rouf Talukder and High Commissioner of India in Bangladesh Pranay Verma were present at the ceremony organized to launch the trade in India rupee. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The exchange rate will be determined in line with market demand and banks involved in the process, explained Amit Kumar, State Bank of India’s head of operation in Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">(Agencies)</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18175', 'image' => '20230712053715_collage (75).jpg', 'article_date' => '2023-07-12 17:34:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18444', 'article_category_id' => '1', 'title' => 'NEPSE INDEX Gains 1.22% and Closes at 2097.55 Points', 'sub_title' => '', 'summary' => 'The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">July 12: The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">The NEPSE index saw a rise of 1.22% or 25.31 points and closed at 2097.55 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">With the selling pressure of quarter end of the current fiscal year coming to a close, benchmark index has become positive. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Buyers have been more active in the market, leading to an increase in trading volume during today’s trading session. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Wednesday, the sensitive index increased by 0.84 points, the float index increased by 1.17%, and the sensitive float index increased by 0.76 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">A total of 289 scrips traded hands via 59,539 transactions. A total of As many as 8,504,378 shares exchanged hands amounting to Rs. 3.18 billion in turnover amount.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">This is higher than the last trading day's turnover of Rs. 2.85 billion. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 33.93 crores closing at a market price of Rs. 660 per share.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Five scrips hit the positive circuit for the day.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">On the contrary, Rawa Energy Development Limited (RAWA) lost all 10% today.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only two sector indices closed in the red zone.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">"Hydropower" gained the highest 4.41%, while "Finance" lost the highest 1.95% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18174', 'image' => '20230712045955_collage (74).jpg', 'article_date' => '2023-07-12 16:58:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '18443', 'article_category_id' => '1', 'title' => 'Japan to Provide Scholarships worth Rs 385 Million to Civil Servants of Nepal', 'sub_title' => '', 'summary' => 'July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).', '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"">July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).</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"">Finance Secretary Arjun Prasad Pokharel and Japanese Ambassador to Nepal Kikuta Yutaka signed the agreement amid a formal program held at the Ministry of Finance on Wednesday.</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 agreement, the Japanese government will provide a grant of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">385</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million (</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">424</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million Japanese yen) as scholarships for civil servants in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2024.</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"">This grant money will be used for postgraduate and PhD level scholarships for the civil servants. The Japanese government has been providing such assistance to Nepal since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2015.</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"">Under the JDS program, Japan has provided scholarships to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> civil servants in two phases from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2016</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2022. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Under the third phase of this scholarship program, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">civil servants will be able to study master's degree and two people will be able to study at the PhD level.</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"">Shree Krishna Nepal, head of the International Economic Coordination Division under the Ministry of Finance, and Lizuka Kenichiro, a senior representative of the Japan International Cooperation Agency (JICA), were present during the signing ceremony.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18173', 'image' => '20230712040621_1689146427.Schoolship 1.jpg', 'article_date' => '2023-07-12 16:05:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18441', 'article_category_id' => '1', 'title' => 'Traffic Police Took Action against 876,000 Vehicles in Katmandu Valley this Year', 'sub_title' => '', 'summary' => 'July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. ', '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"">July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. The teams deployed by the Kathmandu Valley Traffic Police Office took action against vehicles violating traffic rules in Kathmandu, Bhaktapur and Lalitpur in the current financial year (FY).</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"">Spokesperson for the traffic police office and Senior Superintendent of Police Rajendra Prasad Bhatt said 38,362 vehicles were fined for breaching lane discipline, 53,064 vehicles for driving under the influence of alcohol, 28,932 vehicles for driving while red lights were on.</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"">Similarly, action was taken against drivers of 56,524 vehicles for over-speeding, 136,039 vehicles for parking randomly, 736 for not using reservation seats, 14,447 blowing horns randomly, 148 people for driving vehicles under the influence of drugs and 16,485 people for overloading their vehicles. </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"">More than 1,800 traffic police were mobilized from the Valley Traffic Police Office under the leadership of the Deputy Inspector General of Police (DIG) for the management of vehicles in the Kathmandu Valley. Currently, there are more than 3 million vehicles in operation across the country. Among them, only 1.2 million to 1.5 million vehicles are operating in Kathmandu Valley.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18171', 'image' => '20230712025957_1689151258.jpg', 'article_date' => '2023-07-12 14:59:21', '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
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!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' => '18457', 'article_category_id' => '1', 'title' => 'Both Houses of Parliament Pass Budget for Upcoming Fiscal Year', 'sub_title' => '', 'summary' => 'July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">July 13: Both the houses of the Federal Parliament have passed the budget presented by the government for the upcoming fiscal year (FY 2023-24). </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">A meeting of the National Assembly on Thursday passed the Appropriation Bill, 2080, received from the House of Representatives with a message with a majority.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">In the meeting, Finance Minister Dr Prakash Sharan Mahat presented a proposal for the passage of the Appropriation Bill, 2080. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">Before this, a proposal for cutting the expenses under different headings of the Appropriation Bill, 2080, was rejected by a majority of the members.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The respective ministers had responded to queries raised in the course of deliberation on different topics under the Appropriation Bill, 2080 in the meeting.</span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The House of Representatives had passed the budget for the upcoming fiscal year on June 28. The government had presented the budget for fiscal year 2023/24 in a joint sitting of both houses of the Federal Parliament on May 29. </span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt">The passage of the budget from both the houses of parliament has paved the way for the government to implement the budget from the next fiscal year starting from July 17. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18187', 'image' => '20230713052749_parliament building.jpg', 'article_date' => '2023-07-13 17:27:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18456', 'article_category_id' => '1', 'title' => 'Elon Musk Announces a New AI Company', 'sub_title' => '', 'summary' => 'lon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">July 13: Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">The company, called xAI, unveiled a website and a team of a dozen staffers.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif"> The new company will be led by Musk, according to the website, and “will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission.”</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">“The goal of xAI is to understand the true nature of the universe,” the website states, echoing language Musk has used before to describe his AI ambitions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Helvetica",sans-serif">Musk was an early backer of ChatGPT-creator OpenAI, but later criticized the company for inputting safeguards that aim to prevent the viral chatbot from spewing biased or sexist responses.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Helvetica",sans-serif">Musk’s announcement of the new company comes months after he warned in an interview that he thinks AI could cause “civilization destruction” and joined other tech leaders in </span>calling for a pause in an “out of control” AI race. (Agency) </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18186', 'image' => '20230713052232_collage (77).jpg', 'article_date' => '2023-07-13 17:20:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 2 => array( 'Article' => array( 'id' => '18455', 'article_category_id' => '1', 'title' => 'One More Held in Connection with Fake Bhutanese Refugee Scam', 'sub_title' => '', 'summary' => 'Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: Kathmandu police have apprehended another individual in connection with fake Bhutanese refugee scam.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Keshab Tuladhar from Asan in Kathmandu, had been on the run but was arrested in Sano Bharyang, Kathmandu, said Superintendent of Police Rabindra Regmi, who also serves as the spokesperson for the Kathmandu Valley Crime Investigation Office.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Following his arrest, Tuladhar has been sent to the district police range in Teku, Kathmandu for further investigation.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tuladhar’s arrest brings the total number of individuals detained in connection with the scam to 19. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18185', 'image' => '20230713044916_collage (76).jpg', 'article_date' => '2023-07-13 16:47:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18453', 'article_category_id' => '1', 'title' => 'Clients Surrender Insurance Policies worth Rs 12 Billion in 11 Months of Current FY', 'sub_title' => '', 'summary' => 'July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">July 13: Insurance policies worth Rs 12.38 billion have been surrendered in the first 11 months of the current fiscal year. According to the Nepal Insurance Authority, by the end of Jestha (mid-June) of the current FY, the insured have surrendered 92,381 insurance policies. According to the authority, in the current fiscal year, the highest number of insurance policies was surrendered in the month of Shrawan (mid-July to mid-August).</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"">In Shrawan, the insured surrendered 8,422 insurance policies worth Rs 1.51 billion. The least amount of insurance was surrendered in the month of Ashoj (mid-September to mid-October) when 6,063 insurance policies worth Rs 773.32 million were surrendered.</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"">Last month (Jestha ie mid-May to mid-June) alone, clients surrendered insurance policies worth Rs 1.3 billion. The insured have surrendered 9,733 insurance policies in the review month. </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"">Nepal Life Insurance Company Ltd topped the list of companies whose clients surrendered their insurance policies in Jestha. The insured surrendered a total of 2,858 insurance policies worth Rs 433.39 million of Nepal Life Insurance Company.</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"">Likewise, Life Insurance Corporation (Nepal) Limited witnessed surrender of 1,722 insurance policies worth Rs 138.8 million. Similarly, clients surrendered 1,711 insurance policies worth Rs 124.6 million of Rastriya Bima Sanstha had during last month.</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"">Experts in the insurance sector share that the surrender of insurance policies has increased due to the economic recession. Shivnath Pandey, Chief Executive Officer (CEO) of Sanima Reliance Life Insurance Company said that due to the recession in various sectors, most of the insured are surrendering their policies. </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"">"Now, even though there is liquidity in the bank, there is a situation where the borrowers are not getting loans. There is also recession in the real estate," he said, adding, "That's why the insured surrender the policy to meet their basic needs."</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"">He added that it is easy for the insured because they can easily surrender the policy by giving an application when money is needed.</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"">"Since the recession is going on not only in Nepal but also in the whole world, it is natural to surrender the policies when the income source as well as the purchasing power is reduced," he said.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18183', 'image' => '20230713031420_Insurance.jpg', 'article_date' => '2023-07-13 15:13:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '18452', 'article_category_id' => '1', 'title' => 'Himalaya Airlines Launches e-booking Facility ', 'sub_title' => '', 'summary' => 'July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: Himalaya Airlines, a private sector international air service provider, has recently introduced an e-ticket booking system for the convenience of passengers. The online ticket booking facility can be accessed through the company's website at www.himalaya-airlines.com. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Customers now have the option to make payments using various methods such as e-Sewa, a digital wallet, MasterCard, and Visa card. Additionally, the company has plans to expand payment options to include UnionPay and connect IPS in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The newly launched e-booking service offers several features, including the ability to request refunds, select ticket prices, and manage bookings. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The company's Vice President, Bijay Shrestha said that 'quality service' is the top priority of the Himalaya Airlines and the new facility is meant for enhancing its services. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18182', 'image' => '20230713023125_20221103093603_20210709114537_20210120123339_g576szqpnac61.jpg', 'article_date' => '2023-07-13 14:30:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18451', 'article_category_id' => '1', 'title' => 'World Hunger Stops Rising but Remains Elevated: UN', 'sub_title' => '', 'summary' => 'July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Agencies</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: World hunger stopped rising in 2022 after growing for seven years but remains above pre-pandemic levels and far off track to be eradicated by 2030, UN agencies said Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to a report prepared by five UN agencies, between 691 million and 783 million people faced hunger last year, with a midrange of 735 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">A news report published by the AFP states that the proportion of people facing chronic hunger rose from 7.9 percent of the world population in 2019 -- before the pandemic -- to 9.2 percent in 2022. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The annual rise "has stalled", however, with the total falling by about 3.8 million people between 2021 and 2022, according to the State of Food Security and Nutrition in the World report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">"There is no room for complacency though, as hunger is still on the rise throughout Africa, Western Asia and the Caribbean," AFP quoted the report as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report is "a snapshot of the world still recovering from a global pandemic and now grappling with the consequences of the war in Ukraine, which has further rattled food and energy markets." </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Since 2019, those crises have plunged an additional 122 million people into hunger, according to the UN, with women and those living in rural areas hit particularly hard.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The post-pandemic economic recovery helped improve the situation, "but there is no doubt that the modest progress has been undermined by rising food and energy prices magnified by the war in Ukraine," said the report. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The estimates indicate that hunger "is no longer on the rise at the global level" but it remains "far above pre-COVID-19 pandemic levels and far off track to achieve Sustainable Development Goal 2" of a world free of hunger, the report said. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The report was prepared by the UN Food and Agricultural Organization, the International Fund for Agricultural Development, UNICEF, the World Food Programme and the World Health Organization.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18181', 'image' => '20230713015339_WFP logo.jpg', 'article_date' => '2023-07-13 13:53:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18450', 'article_category_id' => '1', 'title' => 'Children of Dadeldhura Drop Out of School for Employment', 'sub_title' => '', 'summary' => 'July 13: The number of children who drop out of school for employment is high in Dadeldhura. ', '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"">July 13: The number of children who drop out of school for employment is high in Dadeldhura. They are forced to look for employment instead of studying because of weak financial situation. Some children are forced to drop out of school because they get married off at a young age.</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"">It has been found that the number of dropouts in Bhageswar Rural Municipality is high. According to the rural municipality, the number of students dropping out in the middle of the academic session are forced to go for employment due to economic hardship and child marriage. It has been found that more female students drop out from schools because their families marry them at a young age.</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"">This problem is not only prevalent in Bhageshwar. According to the Education Development and Coordination Unit, it is also seen in other municipalities of the district. There are more children who drop out of school from grade 1 to 10.</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"">"Parents whose economic conditions are weak are not able to give their children higher education," said Datti Singh Bhandari, the ward chairman of Ajaymeru Rural Municipality-1.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">He says that it is necessary to create an environment where children can get higher education at the local level. According to Khagendra Bharti, chief administrative officer of Bhageswar Rural Municipality, lots of children in Bhageswar have dropped out of school so far. There are 8 secondary and 24 basic schools in the village which has 32 schools in total.</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 current academic session, 3,551 children are enrolled in the school. About 5.5 percent of children are out of reach of schools. </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 number of people who drop out of school and go to India for employment is high because of the close proximity with India.</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"">Ramesh Luhar, a local, said that they cannot afford higher education due to poverty and their parents take them to India for employment.</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"">“It is difficult to find jobs. Therefore our parents tell us to quit education because it is better to find jobs early than to seek employment after acquiring education,” he said.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18180', 'image' => '20230713123112_child labour cnn.jpg', 'article_date' => '2023-07-13 12:28:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18449', 'article_category_id' => '1', 'title' => 'CIAA Files Graft Cases against 13 Individuals', 'sub_title' => '', 'summary' => 'July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">July 13: The Commission for the Investigation of Abuse of Authority (CIAA) has filed cases against thirteen individuals in the Special Court on charges of corruption.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA on Wednesday filed a graft case against Om Narayan Jha, senior branch officer of the Ministry of Land Management, Agriculture and Cooperatives of Madhesh Province, Janakpurdham.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to CIAA Deputy Spokesperson Devi Prasad Thapalia, a case has been filed against Jha in the Special Court on charges of corruption while conducting income-generating training related to cooperatives in all eight districts of the province. CIAA has urged the court to slap a fine of Rs 701,380 against Jha.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Likewise, CIAA has also filed a case against Arhula Kumari, the proprietor of Naishi General Order Suppliers, who helped Jha in corruption. The anti-graft body has demanded a fine of Rs 367,880 against Kumari for preparing fake bills.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The CIAA also filed cases against 11 more people in the Special Court on the charge of corruption during the construction of seven kilometers of road from Hanuman Chowk to Simalbadi under the Laxmi Marga road section in the fiscal year 2074/75 BS.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">CIAA filed a case against the then chief administrative officer of the rural municipality, Chola Raj Dangal, engineer Abhishek Das and sub-engineer Bigyan Chamlagai, on the charge of overpayment of Rs 229,823.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18179', 'image' => '20230713115133_CIAAAA - Copy.jpg', 'article_date' => '2023-07-13 11:48:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18448', 'article_category_id' => '1', 'title' => 'Besisahar-Chame Road to Remain Closed for Two Days ', 'sub_title' => '', 'summary' => 'July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 13: The Besisahar-Chame road – the only road linking the hill district of Lamjung and the mountainous district of Manang – is to remain closed for two days starting from today (July 13). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Besisahar-Chame road project office shared that the road will remain closed from 10.00 am this morning (Thursday) till 5.00 pm Friday for the construction of two wooden bridges over the Timang power house rivulet and Syarku rivulet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Engineer at the project office, Suman Adhikari said that two wooden bridges, one in Chame Rural Municipality-1 over the Timang power house rivulet and another in ward-2 over the Syarku rivulet, are being constructed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further shared that vehicular movement has been brought to a grinding halt along the road stretch for the purpose. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Wooden bridges were constructed in the areas two years ago. Now, the materials used in the bridges are deteriorating so there is a plan to replace the wrought out materials with new ones. It has become an urgent need to avoid any accidents on the bridge through which loaded vehicles also pass through," he further said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The wooden bridge to be constructed over the Timang rivulet will be nine meters long and four-and-a-half meters wide. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another wooden bridge to be constructed over the Syarku rivulet will be seven meters in length and four meters in breadth. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18178', 'image' => '20230713110441_245024098_4360451774047135_1486956867771642174_n.jpg', 'article_date' => '2023-07-13 11:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18447', 'article_category_id' => '1', 'title' => 'Government Fixes Minimum Support Price of Paddy', 'sub_title' => '', 'summary' => 'The government has fixed the minimum support price for paddy for the fiscal year 2080-81. A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 13: The government has fixed the minimum support price for paddy for the fiscal year 2080-81. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A meeting of the Council of Ministers held on Wednesday took the decision to determine the minimum support price for paddy.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the upcoming fiscal year, the minimum support price has been set at Rs. 3,198 per quintal for ‘mota dhan’ and Rs. 3,362 per quintal for ‘madhyam dhan’. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The minimum support price determined for the fiscal year 2080-2081 has increased by Rs. 231 compared to the current fiscal year. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">For the current fiscal year, the government has set the minimum support price at Rs. 2,967 per quintal for ‘mota dhan’ and Rs. 3,128 per quintal for ‘madhyam dhan’. </span></span></p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18177', 'image' => '20230713060934_collage (11).jpg', 'article_date' => '2023-07-13 06:08:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18446', 'article_category_id' => '1', 'title' => 'Citizens Bank International Installs Drinking Water Tap at Chitwan’s Sauraha Chowk', 'sub_title' => '', 'summary' => 'Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar. The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">July 13: Citizens Bank International Limited has installed a public tap for drinking water at Sauraha Chowk in Ratnanagar, Chitwan. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The bank has handed over drinking water tap along with a filter to Ratnanagar Drinking Water and Consumers’ Association.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Madhu Khanal, the branch manager of the Ratnanagar branch, handed over the drinking water tap to Madhav Prasad Aryal, the chairman of Ratnanagar Drinking Water Consumers’ Association. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The branch manager Khanal stated that the bank has provided the filter and drinking water tap to ensure clean drinking water to the local community, citizens coming to the market for shopping, and travelers as part of bank’s corporate social responsibility.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">Khanal also informed that the bank has arranged gifts for women who open new accounts every Monday during the month of Shrawan. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-13', 'modified' => '2023-07-13', 'keywords' => '', 'description' => '', 'sortorder' => '18176', 'image' => '20230713055242_collage (10).jpg', 'article_date' => '2023-07-13 05:50:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18445', 'article_category_id' => '1', 'title' => 'Bangladesh and India Commence Trade in Indian Rupee', 'sub_title' => '', 'summary' => 'Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">July 12: Bangladesh and India on Tuesday launched the trade transaction in Indian rupee in a bid to reduce their dependency on the US dollar and strengthen regional currency and trade.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">For the first time, Bangladesh's bilateral trade with India was conducted in the Indian rupee in addition to the US dollar.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Initially, the trade will be transacted in rupee and then gradually in Bangladeshi currency Taka upon the trade gap between the two countries decreasing, according to the central bank of Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The decision of doing trade in local currency has been taken as both neighboring countries face a dollar crisis.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The local currency-based trade was inaugurated at an event held in the capital Dhaka jointly organized by Bangladesh Bank and the Indian High Commission in Dhaka.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Banks in Bangladesh and India have been given permission to open nostro accounts, an account in a bank of another country for the purpose of foreign currency transactions.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">Bangladesh Bank Governor Abdur Rouf Talukder and High Commissioner of India in Bangladesh Pranay Verma were present at the ceremony organized to launch the trade in India rupee. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">The exchange rate will be determined in line with market demand and banks involved in the process, explained Amit Kumar, State Bank of India’s head of operation in Bangladesh.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"GothamNarrow-Book",serif">(Agencies)</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18175', 'image' => '20230712053715_collage (75).jpg', 'article_date' => '2023-07-12 17:34:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18444', 'article_category_id' => '1', 'title' => 'NEPSE INDEX Gains 1.22% and Closes at 2097.55 Points', 'sub_title' => '', 'summary' => 'The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">July 12: The Nepal Index witnessed an increase along with transaction amount on the fourth trading of the week-Wednesday. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">The NEPSE index saw a rise of 1.22% or 25.31 points and closed at 2097.55 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">With the selling pressure of quarter end of the current fiscal year coming to a close, benchmark index has become positive. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Buyers have been more active in the market, leading to an increase in trading volume during today’s trading session. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Wednesday, the sensitive index increased by 0.84 points, the float index increased by 1.17%, and the sensitive float index increased by 0.76 points. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">A total of 289 scrips traded hands via 59,539 transactions. A total of As many as 8,504,378 shares exchanged hands amounting to Rs. 3.18 billion in turnover amount.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">This is higher than the last trading day's turnover of Rs. 2.85 billion. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 33.93 crores closing at a market price of Rs. 660 per share.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Five scrips hit the positive circuit for the day.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">On the contrary, Rawa Energy Development Limited (RAWA) lost all 10% today.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only two sector indices closed in the red zone.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">"Hydropower" gained the highest 4.41%, while "Finance" lost the highest 1.95% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18174', 'image' => '20230712045955_collage (74).jpg', 'article_date' => '2023-07-12 16:58:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '18443', 'article_category_id' => '1', 'title' => 'Japan to Provide Scholarships worth Rs 385 Million to Civil Servants of Nepal', 'sub_title' => '', 'summary' => 'July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).', '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"">July 12: The Government of Nepal and the Government of Japan have signed a grant agreement for the implementation of the third phase of the Project for Human Resource Development Scholarship (JDS).</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"">Finance Secretary Arjun Prasad Pokharel and Japanese Ambassador to Nepal Kikuta Yutaka signed the agreement amid a formal program held at the Ministry of Finance on Wednesday.</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 agreement, the Japanese government will provide a grant of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">385</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million (</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">424</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million Japanese yen) as scholarships for civil servants in </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2024.</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"">This grant money will be used for postgraduate and PhD level scholarships for the civil servants. The Japanese government has been providing such assistance to Nepal since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2015.</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"">Under the JDS program, Japan has provided scholarships to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">100</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> civil servants in two phases from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2016</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2022. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Under the third phase of this scholarship program, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">civil servants will be able to study master's degree and two people will be able to study at the PhD level.</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"">Shree Krishna Nepal, head of the International Economic Coordination Division under the Ministry of Finance, and Lizuka Kenichiro, a senior representative of the Japan International Cooperation Agency (JICA), were present during the signing ceremony.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18173', 'image' => '20230712040621_1689146427.Schoolship 1.jpg', 'article_date' => '2023-07-12 16:05:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18441', 'article_category_id' => '1', 'title' => 'Traffic Police Took Action against 876,000 Vehicles in Katmandu Valley this Year', 'sub_title' => '', 'summary' => 'July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. ', '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"">July 12: The traffic police took action against 876,141 vehicles violating traffic rules in Kathmandu Valley in the current fiscal year. The teams deployed by the Kathmandu Valley Traffic Police Office took action against vehicles violating traffic rules in Kathmandu, Bhaktapur and Lalitpur in the current financial year (FY).</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"">Spokesperson for the traffic police office and Senior Superintendent of Police Rajendra Prasad Bhatt said 38,362 vehicles were fined for breaching lane discipline, 53,064 vehicles for driving under the influence of alcohol, 28,932 vehicles for driving while red lights were on.</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"">Similarly, action was taken against drivers of 56,524 vehicles for over-speeding, 136,039 vehicles for parking randomly, 736 for not using reservation seats, 14,447 blowing horns randomly, 148 people for driving vehicles under the influence of drugs and 16,485 people for overloading their vehicles. </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"">More than 1,800 traffic police were mobilized from the Valley Traffic Police Office under the leadership of the Deputy Inspector General of Police (DIG) for the management of vehicles in the Kathmandu Valley. Currently, there are more than 3 million vehicles in operation across the country. Among them, only 1.2 million to 1.5 million vehicles are operating in Kathmandu Valley.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-12', 'modified' => '2023-07-12', 'keywords' => '', 'description' => '', 'sortorder' => '18171', 'image' => '20230712025957_1689151258.jpg', 'article_date' => '2023-07-12 14:59:21', '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
