Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United…
Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United…
June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research…
Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by…
The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering…
June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the…
June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more…
June 19: The four-day National Coffee Conference and Exhibition 2080 is currently underway in…
June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per…
June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern…
The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from…
Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi…
he Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading…
June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to…
June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and…
June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in…
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Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.', 'content' => '<p><br /> June 19: Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.</p> <p> This programme has already uplifted the livelihoods of 45,000 Nepalis, marking a significant stride forward. Jointly operated by Hulas Steel Industry Limited and Hipco Superbuild, under the coordination of Divakar Golchha Corporation, this program receives essential support from the Confederation of Nepalese Industries (CNI) and the Make in Nepal (Swadeshi) Campaign.</p> <p>The collaborative programme will train to 1,348 individuals and connect them with employment opportunities that align with labor market demands, bridging the skill gap effectively. The comprehensive training program runs for seven days and takes place at the Hulas Superbuild Factory, situated in Belwa Parsauni, Ward No. 31 of Birgunj Metropolitan City.</p> <p> This program takes a targeted approach, focusing on steel and iron workers, women seeking empowerment, individuals with extremely low incomes, and marginalized groups. Those with Nepali citizenship, including those residing temporarily or permanently in Madhesh and Lumbini provinces are eligible to participate in the training. </p> <p>Commencing on June 16, 2023, the training program will run for an extensive five-month period. Interested individuals are called to submit their applications for the training. In addition to equipping individuals with vital skills, this program serves as a reliable talent pipeline for factories and industries engaged in construction and the production of construction materials. </p> <p>Hulas Steel works for the balanced development of natural resources, enhancing social welfare, and driving overall economic growth for the nation.</p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17947', 'image' => '20230619064605_collage (40).jpg', 'article_date' => '2023-06-19 18:08:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '18216', 'article_category_id' => '1', 'title' => 'Food Insecurity, Undernourishment Deepening in South Asia: Study', 'sub_title' => '', 'summary' => 'June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Home Minister of Nepal Narayan Kaji Shrestha unveiled the report amid a function on Monday.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, Afghanistan tops the list among South Asian countries where 30 percent people suffered from undernourishment between 2019 and 2021. Pakistan stood second with 17 percent undernourishment followed by India with 16 percent, Bangladesh 12 percent, Nepal six percent, and Sri Lanka four percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">During the same period, Afghanistan recorded around 23 percent of severe food insecurity which was the highest in South Asia. Similarly, Nepal reported around 13 percent food insecurity, followed by Bangladesh at approximately 11 percent, Pakistan at around eight percent and Sri Lanka at approximately two percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report states that Nepal witnessed slightly more than 10 percent of severe food insecurity from 2017 to 2019.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the deterioration in economic conditions that took place with the pandemic led to a substantial increase in poverty, with 48-59 million people estimated to have become poor in 2021, particularly in Afghanistan, Pakistan, and Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The COVID-19 pandemic, Russia-Ukraine war, various natural disasters, energy crisis, global rise in prices of food, petroleum products and fertilizer and political instability have been mentioned as contributors to increasing food insecurity in the entire South Asia.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">"The recovery and development of food systems in South Asia face multiple challenges. Although spillover effects from the Russia-Ukraine war have not been large, South Asia has been affected by the global rise in food, fuel, and fertilizer prices. Food prices have risen sharply, contributing to food insecurity. In September 2022, the year-on-year consumer inflation rate for food was 66 percent in Sri Lanka, 36 percent in Pakistan, and about 8 percent in India, Bangladesh, and Nepal," the report states.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In 2022, Afghanistan, Bangladesh, India and Pakistan had banned the exports of foodstuffs mainly rice, wheat and sugar due to high inflation and food shortage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, the inflation in Pakistan and Sri Lanka is attributed mainly to macroeconomic instability and mismanagement, especially the sharp devaluation of their currencies, and the fertilizer ban in Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report identifies climate change as one of the reasons behind falling agricultural production in many countries. "Threats from climate change loom especially large for many countries, especially those in Africa. Climate change is rapidly intensifying, increasing pressure on food systems, rural livelihoods, and ecosystems more broadly. While some places may benefit from a longer growing season amid rising temperatures, changing weather patterns and advancing desertification have reduced the average growth in agricultural productivity by as much as 21 percent since 1961."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Disruption in the food supply chain and unmanaged migrations are also noted as the reasons for increasing food insecurity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The document emphasizes better prediction, preparation, and resilience building to make future crises less devastating. </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">-- </span></span><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">RSS</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kathmandu University School of Management’s Annual Festival Begins</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the festival, tree plantation was carried out on the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the program, cleaning campaigns were organized at Damark Park on Tuesday. The event concluded with a walkathon from Maitighar to Basantapur on Saturday, under the theme "Clean Air: Our Shared Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist KP Khanal, poet Mohit Joshi, and flutist Sajag Shakya, among others.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On the occasion, artistes from the Silpi Theater performed a play related to environmental pollution at Basantapur.</span></span></p> <p> </p> <p> </p> <p> </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:"Calibri","sans-serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</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:"Calibri","sans-serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</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:"Calibri","sans-serif"">As part of the festival, tree plantation was carried out in the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, Dinesh KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</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:"Calibri","sans-serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </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:"Calibri","sans-serif"">As part of the program, cleaning campaigns were organized from Maitighar to Basantapur on Saturday. The storytelling session, under the theme "Clean Air and Share Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist Kepi Khadka, poet Mohit Joshi, and flutist Sajag Shakya, among others.</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:"Calibri","sans-serif"">On this occasion, artistes from the Silpi Theater performed a play related to environmental pollution in Basantapur.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17946', 'image' => '20230619054740_gfc.jpg', 'article_date' => '2023-06-19 17:46:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18215', 'article_category_id' => '1', 'title' => 'Rastriya Banijya Bank Decides to Give Discount on Interest', 'sub_title' => '', 'summary' => 'Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This interest discount applies to loans of various classifications, including secured, monitored, underperforming, doubtful, and bad loans. It also covers any, normal payments, penal payments, and even overdrafts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The discounted interest amount will be directly credited or deposited into the respective borrower's account. The bank strongly encourages all borrowers to take advantage of this opportunity.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Rastriya Banijya Bank currently operates through 272 branch offices, 54 extension counters, 269 ATMs, and 99 branchless banking service points, serving customers across all seven provinces and 77 districts.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17945', 'image' => '20230619045434_collage (38).jpg', 'article_date' => '2023-06-19 16:53:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18214', 'article_category_id' => '1', 'title' => 'SEBON Halts IPO Issuance Process of Ghorahi Cement Ltd', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO).', 'content' => '<p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This decision was made in response to the discovery of fraudulent applications, which had caused confusion among investors.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">SEBON took the decision to this effect on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Earlier, CDS and Clearing Limited had notified SEBON about the counterfeit applications for Ghorahi Cement Ltd's IPO.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17944', 'image' => '20230619045438_Sebon-update.jpg', 'article_date' => '2023-06-19 16:15:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18213', 'article_category_id' => '1', 'title' => 'Blacktopping of Jorpati-Sundarijal Road Begins after Onset of Monsoon', 'sub_title' => '', 'summary' => 'June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road.', '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:"Nirmala UI","sans-serif"">June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road. The locals are worried about the quality of the road because the blacktopping has been started during the rainy season. </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:"Nirmala UI","sans-serif"">The commuters have been facing problems since a long time because the blacktopping was not done even in eight years after signing the contract. The road is full of potholes and there is daily traffic congestion.</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:"Nirmala UI","sans-serif"">With the onset of monsoon, the contractor started blacktopping the road in Gokarneshwar Municipality-1 Nayapati bridge area. After the builders laid the blacktopping, heavy rainfall on Saturday evening washed away all of those blacktopping. There is still work to be done in many places on both sides of the road.</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:"Nirmala UI","sans-serif"">"During the rainy season, commuting on this road becomes difficult due to water logging in the potholes," said Narayan Bahadur Subedi, spokesperson for Gokarneshwar Municipality. He said that since the federal government had signed the contract for the project, the contractor was not accountable towards the local government. As a result, the road remained in a dilapidated state.</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:"Nirmala UI","sans-serif"">The seven kilometer road, which was contracted in 2072 with the target of completion within the fiscal year 075/76, has been stalled for eight years. Initially, the road expansion work was stopped after the locals who had houses on both the sides of the road protested that they would not allow the work to continue without compensation. The contract to build a 22-meter wide road from the central point was awarded to CM Construction by the Kathmandu Valley Road Extension Project.</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:"Nirmala UI","sans-serif"">About 900 house owners demanded compensation. Therefore, the road expansion could not take place on time.</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:"Nirmala UI","sans-serif"">Under the initiative of Gokarneshwar Municipality, it was later agreed to extend the road by 7 meters each on the right and left sides of the center in populated areas and 11 meters each in the places where there were public lands. Four years have passed since the agreement was reached. Passengers have been suffering for years as the road construction has been stalled for a long time.</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:"Nirmala UI","sans-serif"">Although the road expansion work has been completed in most of the places, the contractor is yet to finish the work in some sections and the locals are complaining that it is difficult to travel when it rains.</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:"Nirmala UI","sans-serif"">Samudra Shrestha, who runs a roadside grocery shop in Attarkhel, said that he started getting health problems due to the muddy road in rainy season and dusty condition in the dry season.</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:"Nirmala UI","sans-serif"">After the road upgrading work was not completed within the stipulated time, the deadline was extended till the fiscal year 076/77. However, the work has not been completed even after extending the deadline time and again.</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:"Nirmala UI","sans-serif"">According to Subedi, the spokesperson of the municipality, the road expansion work was started at a cost of Rs 580 million.</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:"Nirmala UI","sans-serif"">According to the construction company, the work has been delayed due to various technical problems. The contractor company says that the road expansion work has been affected due to the fact that electricity poles, wires and other structures have not been removed in some places, even though cutting trees on the road was done during the lockdown period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">Seema Tamang, a local, complained that she is worried that she will have to travel in mud during the rainy season this year as the road is not completed yet. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17943', 'image' => '20230619032149_1687161364.Road Pitch.jpg', 'article_date' => '2023-06-19 15:20:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18212', 'article_category_id' => '1', 'title' => 'Parliamentarians Call for Effective Early Preparedness for Disaster Risk Reduction ', 'sub_title' => '', 'summary' => 'June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that monsoon entered Nepal on June 14 this year and has spread to eastern and central parts of the country as of now. Monsoon-induced disasters are occurring in various areas in the eastern parts of the country, causing the losses of lives and property. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Airing their voices in the Zero Hour of the House of Representatives (HoR) meeting on Monday, the parliamentarians called for identifying vulnerable settlements and relocating the habitants to safer places before the disaster strikes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They urged the government to devise and execute effective action-plan for minimizing the damages from the disasters as well as to step up disaster operation such as search and rescue, relief distribution, resettlement and rehabilitation among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rajendra KC viewed that the government should roll out action-plan for search and rescue, relief distribution and reconstruction of the infrastructures damaged in the disasters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Bhanubhakta Joshi said that Bajhang district, a hill district in the Sudurpaschim Province, was prone to natural disasters and thus demanded relocation of locals residing in such zones. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Man Bahadur Gurung appealed to the government to routinely monitor the watershed area of Madi and Seti River in Kaski district as well as the glacier lake and make early warning system more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Monsoon has already started. Disasters happen unexpectedly. Major disasters took place in the eastern area including Taplejung and Sankhuwasabha last night. There are probability for such disaster to take place in the days to come. The government should pay its attention to it," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha stressed the need for relocating settlements vulnerable to disasters to safety stating that fear has taken over the people of the mountain districts. He also drew the attention of the government to make preparedness for disasters more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Manbir Rai demanded that the government inform the parliament about the disasters in the eastern districts. He also asked the government to provide reliefs to the affected people at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bimala Subedi drew the attention of the government to the residents of Bancharedanda facing various health problems due to the landfill site where waste is being duped in violation of set standards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Kumar Bartaula urged the government to provide equal access to health services for all people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Metmani Chaudhary demanded the government ensure a reliable market for farmers' produce and take initiations to address their pressing issues while Menaka Kumari Pokhrel and Sunita Baral expressed concern over the government decision to withdraw a case concerning the physical assault against TU teacher Prem Chalaune. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Maina Karki drew the government attention towards the prompt need of implementing measures to reduce road accidents while Mangal Prasad Gupta urged the government to promptly address issues of sugarcane farmers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Raghuji Pant demanded the government prevent possible physical assaults and abuses against University faculty members by students unions themselves. "Cases of physical assaults and abuses against University teachers and office-bearers are rising," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meena Tamang, Mukta Kumari Yadav, Manju Sharma Ansari, Ranedra Baraili, Ranju Kumari Jha, Ram Kumar Yadav, Rupa Shoshi Chaudhary, Roshan Karki, Rekha Yadav, Lal Prasad Sawa Limbu and Leelanath Shrestha were among those drawing the government's attention towards various contemporary issues in the House session. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17942', 'image' => '20230619045403_Parliament RSS 800.jpg', 'article_date' => '2023-06-19 14:03:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18211', 'article_category_id' => '1', 'title' => 'National Coffee Conference and Exhibition in Underway in Kathmandu', 'sub_title' => '', 'summary' => 'June 19: The four-day National Coffee Conference and Exhibition 2080 is currently underway in Kathmandu.', '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"">June 19: The four</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">day National Coffee Conference and Exhibition </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2080</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> is currently underway in Kathmandu. The conference, organized for the first time in Nepal, will discuss about investment in the coffee sector and the expansion of Nepali coffee.</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 conference is being organized in collaboration between the Ministry of Industry, Commerce and Supplies, the Ministry of Agriculture and Livestock Development, the National Tea and Coffee Development Board, the Nepal Tourism Board, the European Union Trade and Investment Project and International Trade Center.</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"">Omnath Adhikari, president of the Nepal Coffee Entrepreneurs Federation (NCEF), said that the coffee conference is being held for the first time in Nepal.</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 expects the conference to inspire youths to enter the field of coffee business and thereby promote the internal market. He said that emphasis on coffee production and solving the weaknesses in production will also be discussed during the conference.</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"">Coffee producers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts of the country are participating in the conference. Organizers said that they will organize competitions in various categories to promote coffee.</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"">Businessmen and coffee producers participating in the fair said that the fair has become an easy way to reach out to their potential customers. They believe that such conferences will help them connect with consumers and help in marketing.</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 conference, which started on Saturday at Sasa Banquet in Nayabazar, Kathmandu, will continue till June 20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17941', 'image' => '20230619110646_1687096149.Coffee 4.jpg', 'article_date' => '2023-06-19 11:05:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18210', 'article_category_id' => '1', 'title' => 'Farmers Struggle to get Rs 6 per kg for Tomatoes while Consumers are Paying as Much as Rs 40', 'sub_title' => '', 'summary' => 'June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.', '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"">June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In a symbolic protest against this unnatural situation, farmers threw thousands of kilograms of tomatoes on the streets of Kathmandu on Sunday to draw the attention of the concerned authorities.</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"">About 39,000 kgs of tomatoes were dumped on the road in front of the Kalimati Vegetable and Fruit Market on Sunday. Authorities had to use excavators to remove the tomatoes thrown on the street.</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 Kalimati Vegetable and Fruit Market Development Committee, the wholesale price of tomatoes was fixed at Rs 6 per kg on Sunday. However, the traders of Kalimati complained that tomatoes, that were sold at Rs 40 to Rs 50 per kg a month ago, was not sold even at Rs 6 per kg on Sunday.</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"">Stating that they did not get a fair price for the tomatoes, the traders og Kalimati called the farmers of Nagarjun, Kavre and Kathmandu Valley and threw the tomatoes on the road. </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 is not the first incident in which agricultural produce has been thrown on the street to express dissatisfaction for not getting a fair price. Binay Shrestha, the spokesperson for the Kalimati Vegetable and Fruit Market Development Committee, says that the price of tomatoes has decreased in the market with the increase in production of tomatoes. "Our consumption has not increased but our production has increased," he said, adding, "Whoever ate a kilogram yesterday still eats a kilogram today. But the supply situation has become stronger, and this situation has been created.”</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"">Shrestha says that the price of tomatoes has decreased rapidly since a week. </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 latest price is not even enough to meet the production cost of the farmers," he added. In the past, the production of tomatoes used to be low during the rainy season. But now, tomato production has increased due to tunnel farming in Nepal. Shrestha said that due to the increase in production, more tomatoes are entering the market than usual.</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 past, 60 to 70 tons of tomatoes used to be brought into Kalimati on a normal day. Now, with the increase in production due to tunnel farming, 90 to 95 tons of tomatoes are brought here on a daily basis. "Nowadays, tunnel cultivation is done not only in Kathmandu but also in the outer districts. In the past, the tomatoes produced in the tunnels of Kathmandu were also sold in the outer districts. Now the situation is different. Tomatoes are also being produced in the Terai. Although the production has increased, the consumption has not increased. It seems that the pain of the farmers not even getting the cost price is seen on the streets," said Shrestha.</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"">Imports have decreased due to the increase in production. According to the Department of Customs, 39.88 million kilograms of tomatoes worth Rs 550 million have been imported in the 10 months of the current fiscal year. During the same period of last year, 43.52 million kgs of tomatoes worth Rs 582.6 million were imported in the country.</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 National Potato, Vegetable and Spice Crop Development Center has confirmed that the production of tomatoes has increased. In the fiscal year 2073/74, tomatoes were produced in 21,562 hectares of land. A total of 401,577 metric tons of tomatoes were produced in that particular year. Tomato farming increased in FY 2078/79 and was done in 22,913 hectares of land. Production reached 435,584 metric tons.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17940', 'image' => '20230619105429_HB_KTM-20230618080503_IMG_8837(1).jpg', 'article_date' => '2023-06-19 10:53:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18209', 'article_category_id' => '1', 'title' => 'Floods and Landslides Damage Infrastructures worth Rs 500 Million', 'sub_title' => '', 'summary' => 'June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Physical Infrastructure and Transport Management Prakash Jwala revealed this data during a meeting of the House of Representatives on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Heavy floods and landslides due to incessant rainfall in districts including Taplejung, Tehrathum, Sankhuwasabha and Panchthar have caused huge losses. Some people have lost their lives while others have gone missing in the disaster. I personally and on behalf of the government want to offer condolences to the victims," said Minister Jwala. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts and relief distribution have been sped up, he said, adding that the Nepalese Army, Armed Police Force, Nepal Police and government employees have been deployed to the incident sites for rescue efforts and relief distribution. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Taplejung has been cut off from other districts after flooding swept away a bridge over the Huwa river. Electricity has been also discontinued. Five meters road along the Arun corridor has been damaged," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mid-Hill Highway has been damaged at some places, the minister added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17939', 'image' => '20230619102107_1687074394.Pahiro Road 1.jpg', 'article_date' => '2023-06-19 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18208', 'article_category_id' => '1', 'title' => 'Kathmandu Metropolitan City Bans Screening of Hindi Films, Including Adipurus', 'sub_title' => '', 'summary' => 'The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> KMC Mayor Balendra Shah has issued instructions to mobilize security personnel in order to enforce the ban on all present Hindi films being shown in the halls. The KMC comprises 32 wards, housing a total of 17 cinema halls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Shah expressed his disappointment on a social networking site, stating that three days ago, they had appealed to the relevant parties and authorities to remove a dialogue from the original version of the Hindi film Adipurush that carried an objectionable message, claiming that Janaki, the daughter of King Janak, is the daughter of India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor emphasized the paramount duty of the government, government agencies, non-governmental organizations, and Nepali citizens to preserve Nepal's independence, sovereignty, and dignity, thereby ensuring the welfare of the nation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Sah referred to Article 5 and Article 56, Clause (6), which clearly define the responsibilities of the federal, provincial, and local governments in protecting national interests.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Sah argued that if Adipurush continued to be shown, it would cause irreparable damage to Nepal's national identity, cultural unity, and would be an assault on the country's national figures.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> It should be noted that Sita, the daughter of King Janak, is recognized as one of Nepal's national figures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor highlighted the KMC's concern regarding the cultural invasion depicted in the film, emphasizing the potential risk of creating false perceptions about Princess Janaki's nationality among the people if the film was allowed to be screened without hindrance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response, the ban on "all" Hindi films within the KMC will be implemented starting tomorrow morning.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Following the mayor's instructions, metropolitan city police have been deployed to ensure the effective enforcement of the ban on Hindi films in KMC cinema halls.</span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17938', 'image' => '20230619055622_collage (30).jpg', 'article_date' => '2023-06-19 05:54:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18207', 'article_category_id' => '1', 'title' => 'Three Die, 29 Missing in Monsoon Disasters in Koshi Province', 'sub_title' => '', 'summary' => 'Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">One person each died in the monsoon-induced disasters in Panchthar, Sankhuwasabha, and Taplejung districts. Similarly, 29 individuals have gone missing in these areas, said Nepal Police's Spokesperson and Deputy Inspector General of Police (DIG), Kuber Kadayat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The authorities have initiated search and rescue operations to locate the missing individuals, and three people have already been rescued in Sankhuwasabha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The impact of the natural disasters has been severe in Panchthar district, resulting in one fatality and the disappearance of five others.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> The floods and landslides have damaged several bridges in the district, with some being completely swept away, while others have suffered partial destruction. Furthermore, six houses have been washed away, and a hydro power project has incurred partial damage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Similarly, in Sankhuwasabha district, one person has lost his life, and 21 individuals are currently out of contact. The Chief District Officer, Shiva Kumar Karki, has informed that among the missing individuals, 17 were employees of the Super Hewakhola Hydro Power Project, while the remaining four were local villagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In Taplejung, one person lost his life and three are reported to be missing. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The devastating impact of the natural disasters has also been felt in Ilam district, where landslides have significantly disrupted the lives of the people.</span></span></p> <p><span style="font-family:Calibri, sans-serif"><span style="font-size:18px">Likewise, landslides and floods have damaged several hydropower projects and some bridges in Sankhuwasabha and Panchthar districts. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response to calamity, search and rescue operations are actively underway to locate the missing individuals and provide aid to those affected by disasters, police said. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17937', 'image' => '20230619054048_collage (29).jpg', 'article_date' => '2023-06-19 05:36:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18206', 'article_category_id' => '1', 'title' => 'NEPSE Index Grows by 52.26 Points to Close at 2,094.33', 'sub_title' => '', 'summary' => 'he Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">June 18: The Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Sunday, the NEPSE index increased by 2.56 percent, or 52.26 points and closed at 2,094.33 points. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Along with the NEPSE index, the sensitive index also grew by 1.87 percent and settled at 390.56 points. On this day, 280 scrips traded hands via 70,647 transactions. A total of 1,2095,966 shares were traded, equivalent to Rs. 4,86,91,84,016.</span></span></span></p> <p><span style="font-size:18px"><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. 36.64 crores closing at a market price of Rs. 585 per share.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif">Seven scrips gained the highest 10% each and hit the positive circuit for today.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Conversely, Shuvam Power Limited (SPL) lost the highest 5.58% today.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only one sector closed in the red zone. "Life Insurance" gained the highest 6.38% while "Banking" lost 0.29% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17936', 'image' => '20230618043938_collage (33).jpg', 'article_date' => '2023-06-18 16:37:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18205', 'article_category_id' => '1', 'title' => 'Interbank interest Rate Fixed at 5 Percent', 'sub_title' => '', 'summary' => 'June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop. The interbank interest rate, which had remained stable at around 7 per cent for a long time, has gradually decreased from June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to Nepal Rastra Bank (NRB), the interbank interest rate dropped to 5.74 per cent on Wednesday. Prior to this, the interbank interest rate had dropped to as low as 4 per cent in mid-January to mid-February.</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"">Back then, the interbank interest rate had decreased after the NRB injected liquidity into the market through repo. After that, it increased again and reached 8 and a half per cent in mid-February to mid-March, but it decreased recently after the liquidity crisis eased.</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"">Although the deposits in the banks have been increasing recently, they have not been able to extend loans. Due to this, interbank transactions have decreased and interest rates are decreasing. As of Wednesday, the credit-deposit ratio (CD ratio) of banks stands at 84.19 percent which is well below the threshold of 90 percent fixed by the central bank.</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"">As banks can provide loans by maintaining a CD ratio of up to 90 per cent, they have the ability to provide additional loans of Rs 450 billion. However, there is no demand for credit as the interest rates on loans is high and there is a slump in economic activities.</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"">As liquidity has eased, the interest rate of the government's short-term bond -- Treasury Bills -- is gradually decreasing. On Monday, the interest rate of Treasury Bills fell to 7 per cent. After the situation eased, NRB changed the tight monetary policy and took a policy of reducing interest rates. Because of this, the base rate of banks which had reached a high point, as well as the interest rate on deposits and loans are gradually decreasing.</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"">Commercial banks had decided to reduce the premium by 1 percentage point from mid-March to a maximum of 5 per cent. Similarly, the Nepal Bankers Association has said that as per the instructions of the NRB, the banks have to reduce the spread rate from mid-June as well, so the loan interest rate is decreasing. However, the association decided not to reduce the interest on deposit in mid-June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The base rate of commercial banks, which reached 10.91 per cent in mid-December to mid-January, went down to 10.48 per cent in mid-April to mid-May and the interest rate on loans, which reached 13.03 per cent in mid-January to mid-February, also fell to 12.48 per cent in mid-April to mid-May.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17935', 'image' => '20230618032451_Banks - Copy.jpg', 'article_date' => '2023-06-18 15:22:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18203', 'article_category_id' => '1', 'title' => 'Rainfall Wreaks Havoc in Eastern Nepal', 'sub_title' => 'Two Workers Rescued, 15 Still Missing in Sankhuwasabha Flooding', 'summary' => 'June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.</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"">Two hydropower workers who were reported to have been swept away by the flooded Hewa River in Sankhuwasabha district have been rescued. The state-owned RSS reported that they were rescued in a severe condition. </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"">Tikaram Chaudhary, 24, and Deepak Raj Tharu of Bardiya Municipality-4 from Lumbini Province were among the 17 workers for the Super Hewakhola Hydropower Project who had gone missing in the flood on Saturday night, Deputy Superintendent of Police (DSP) and Chief of the District Police Office, Sankhuwasabha, Narendra Godar told RSS. </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 other 15 workers are still missing. </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 two have been receiving treatment at Chainpur Community Hospital after their rescue. </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 flood triggered by incessant rainfall swept away seven houses along the river bank. As per the police, the flood has largely damaged the Super Hewa Hydropower Project based in Chainpur-4. It caused significant damages to an under-construction motorable bridge connecting Panchkhapan and Chainpur. </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"">A joint security squad from the Area Police Office Chainpur and the Armed Police Force is searching for the missing people. </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"">District Police Office, Panchthar’s chief DSP Hari Khatiwada said that the swollen the river washed away four bridges: one along the Mechi Highway, one Bailey bridge along the Tamor corridor and two at Phalelung rural municipality. The flooded river also swept away an excavator belonging to the Tamor Hydropower Project from Phalelung.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17934', 'image' => '20230618024356_BK_Kimathanka-20230618121049_IMG_6477.jpg', 'article_date' => '2023-06-18 14:42:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18204', 'article_category_id' => '1', 'title' => 'British Council Opens Applications for IELTS Prize 2023 worth 5000 Pounds', 'sub_title' => '', 'summary' => 'June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the British Council, the annual competition supports IELTS test-takers with up to £5,000 towards university tuition fees in English-speaking universities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the British Council said that the IELTS Prize is open to test takers living in China, Japan, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Bangladesh, Pakistan, Nepal and Sri Lanka this year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It will be open to students who have applied for undergraduate or postgraduate studies locally or overseas through IELTS and will begin their course from January 2023 to March 2024,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the press statement, the deadline for submitting completed applications is September 15, 2023. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A total of three winners will be selected through a competitive application process in each country to receive the cash prize to support their studies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“IELTS Prize winners are those who are determined to take what they have learnt from their studies abroad and apply them to their home communities. We believe international study and collaboration is key to building a more peaceful and prosperous world for everyone, and we are proud to assist these ambitious and intelligent individuals achieve their goals,” the statement quoted British Council’s General Manager for Exams, Maxim Raimann, as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Applicants who wish to find out more information about the prize, the application process, and review frequently asked questions can visit British Council’s official website at www.britishcouncil.org.np. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17933', 'image' => '20230618030529_IELTS_Prize_Image.jpg', 'article_date' => '2023-06-18 15:04:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.', 'content' => '<p><br /> June 19: Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.</p> <p> This programme has already uplifted the livelihoods of 45,000 Nepalis, marking a significant stride forward. Jointly operated by Hulas Steel Industry Limited and Hipco Superbuild, under the coordination of Divakar Golchha Corporation, this program receives essential support from the Confederation of Nepalese Industries (CNI) and the Make in Nepal (Swadeshi) Campaign.</p> <p>The collaborative programme will train to 1,348 individuals and connect them with employment opportunities that align with labor market demands, bridging the skill gap effectively. The comprehensive training program runs for seven days and takes place at the Hulas Superbuild Factory, situated in Belwa Parsauni, Ward No. 31 of Birgunj Metropolitan City.</p> <p> This program takes a targeted approach, focusing on steel and iron workers, women seeking empowerment, individuals with extremely low incomes, and marginalized groups. Those with Nepali citizenship, including those residing temporarily or permanently in Madhesh and Lumbini provinces are eligible to participate in the training. </p> <p>Commencing on June 16, 2023, the training program will run for an extensive five-month period. Interested individuals are called to submit their applications for the training. In addition to equipping individuals with vital skills, this program serves as a reliable talent pipeline for factories and industries engaged in construction and the production of construction materials. </p> <p>Hulas Steel works for the balanced development of natural resources, enhancing social welfare, and driving overall economic growth for the nation.</p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17947', 'image' => '20230619064605_collage (40).jpg', 'article_date' => '2023-06-19 18:08:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '18216', 'article_category_id' => '1', 'title' => 'Food Insecurity, Undernourishment Deepening in South Asia: Study', 'sub_title' => '', 'summary' => 'June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Home Minister of Nepal Narayan Kaji Shrestha unveiled the report amid a function on Monday.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, Afghanistan tops the list among South Asian countries where 30 percent people suffered from undernourishment between 2019 and 2021. Pakistan stood second with 17 percent undernourishment followed by India with 16 percent, Bangladesh 12 percent, Nepal six percent, and Sri Lanka four percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">During the same period, Afghanistan recorded around 23 percent of severe food insecurity which was the highest in South Asia. Similarly, Nepal reported around 13 percent food insecurity, followed by Bangladesh at approximately 11 percent, Pakistan at around eight percent and Sri Lanka at approximately two percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report states that Nepal witnessed slightly more than 10 percent of severe food insecurity from 2017 to 2019.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the deterioration in economic conditions that took place with the pandemic led to a substantial increase in poverty, with 48-59 million people estimated to have become poor in 2021, particularly in Afghanistan, Pakistan, and Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The COVID-19 pandemic, Russia-Ukraine war, various natural disasters, energy crisis, global rise in prices of food, petroleum products and fertilizer and political instability have been mentioned as contributors to increasing food insecurity in the entire South Asia.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">"The recovery and development of food systems in South Asia face multiple challenges. Although spillover effects from the Russia-Ukraine war have not been large, South Asia has been affected by the global rise in food, fuel, and fertilizer prices. Food prices have risen sharply, contributing to food insecurity. In September 2022, the year-on-year consumer inflation rate for food was 66 percent in Sri Lanka, 36 percent in Pakistan, and about 8 percent in India, Bangladesh, and Nepal," the report states.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In 2022, Afghanistan, Bangladesh, India and Pakistan had banned the exports of foodstuffs mainly rice, wheat and sugar due to high inflation and food shortage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, the inflation in Pakistan and Sri Lanka is attributed mainly to macroeconomic instability and mismanagement, especially the sharp devaluation of their currencies, and the fertilizer ban in Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report identifies climate change as one of the reasons behind falling agricultural production in many countries. "Threats from climate change loom especially large for many countries, especially those in Africa. Climate change is rapidly intensifying, increasing pressure on food systems, rural livelihoods, and ecosystems more broadly. While some places may benefit from a longer growing season amid rising temperatures, changing weather patterns and advancing desertification have reduced the average growth in agricultural productivity by as much as 21 percent since 1961."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Disruption in the food supply chain and unmanaged migrations are also noted as the reasons for increasing food insecurity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The document emphasizes better prediction, preparation, and resilience building to make future crises less devastating. </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">-- </span></span><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">RSS</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kathmandu University School of Management’s Annual Festival Begins</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the festival, tree plantation was carried out on the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the program, cleaning campaigns were organized at Damark Park on Tuesday. The event concluded with a walkathon from Maitighar to Basantapur on Saturday, under the theme "Clean Air: Our Shared Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist KP Khanal, poet Mohit Joshi, and flutist Sajag Shakya, among others.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On the occasion, artistes from the Silpi Theater performed a play related to environmental pollution at Basantapur.</span></span></p> <p> </p> <p> </p> <p> </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:"Calibri","sans-serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</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:"Calibri","sans-serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</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:"Calibri","sans-serif"">As part of the festival, tree plantation was carried out in the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, Dinesh KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</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:"Calibri","sans-serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </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:"Calibri","sans-serif"">As part of the program, cleaning campaigns were organized from Maitighar to Basantapur on Saturday. The storytelling session, under the theme "Clean Air and Share Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist Kepi Khadka, poet Mohit Joshi, and flutist Sajag Shakya, among others.</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:"Calibri","sans-serif"">On this occasion, artistes from the Silpi Theater performed a play related to environmental pollution in Basantapur.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17946', 'image' => '20230619054740_gfc.jpg', 'article_date' => '2023-06-19 17:46:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18215', 'article_category_id' => '1', 'title' => 'Rastriya Banijya Bank Decides to Give Discount on Interest', 'sub_title' => '', 'summary' => 'Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This interest discount applies to loans of various classifications, including secured, monitored, underperforming, doubtful, and bad loans. It also covers any, normal payments, penal payments, and even overdrafts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The discounted interest amount will be directly credited or deposited into the respective borrower's account. The bank strongly encourages all borrowers to take advantage of this opportunity.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Rastriya Banijya Bank currently operates through 272 branch offices, 54 extension counters, 269 ATMs, and 99 branchless banking service points, serving customers across all seven provinces and 77 districts.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17945', 'image' => '20230619045434_collage (38).jpg', 'article_date' => '2023-06-19 16:53:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18214', 'article_category_id' => '1', 'title' => 'SEBON Halts IPO Issuance Process of Ghorahi Cement Ltd', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO).', 'content' => '<p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This decision was made in response to the discovery of fraudulent applications, which had caused confusion among investors.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">SEBON took the decision to this effect on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Earlier, CDS and Clearing Limited had notified SEBON about the counterfeit applications for Ghorahi Cement Ltd's IPO.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17944', 'image' => '20230619045438_Sebon-update.jpg', 'article_date' => '2023-06-19 16:15:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18213', 'article_category_id' => '1', 'title' => 'Blacktopping of Jorpati-Sundarijal Road Begins after Onset of Monsoon', 'sub_title' => '', 'summary' => 'June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road.', '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:"Nirmala UI","sans-serif"">June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road. The locals are worried about the quality of the road because the blacktopping has been started during the rainy season. </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:"Nirmala UI","sans-serif"">The commuters have been facing problems since a long time because the blacktopping was not done even in eight years after signing the contract. The road is full of potholes and there is daily traffic congestion.</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:"Nirmala UI","sans-serif"">With the onset of monsoon, the contractor started blacktopping the road in Gokarneshwar Municipality-1 Nayapati bridge area. After the builders laid the blacktopping, heavy rainfall on Saturday evening washed away all of those blacktopping. There is still work to be done in many places on both sides of the road.</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:"Nirmala UI","sans-serif"">"During the rainy season, commuting on this road becomes difficult due to water logging in the potholes," said Narayan Bahadur Subedi, spokesperson for Gokarneshwar Municipality. He said that since the federal government had signed the contract for the project, the contractor was not accountable towards the local government. As a result, the road remained in a dilapidated state.</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:"Nirmala UI","sans-serif"">The seven kilometer road, which was contracted in 2072 with the target of completion within the fiscal year 075/76, has been stalled for eight years. Initially, the road expansion work was stopped after the locals who had houses on both the sides of the road protested that they would not allow the work to continue without compensation. The contract to build a 22-meter wide road from the central point was awarded to CM Construction by the Kathmandu Valley Road Extension Project.</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:"Nirmala UI","sans-serif"">About 900 house owners demanded compensation. Therefore, the road expansion could not take place on time.</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:"Nirmala UI","sans-serif"">Under the initiative of Gokarneshwar Municipality, it was later agreed to extend the road by 7 meters each on the right and left sides of the center in populated areas and 11 meters each in the places where there were public lands. Four years have passed since the agreement was reached. Passengers have been suffering for years as the road construction has been stalled for a long time.</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:"Nirmala UI","sans-serif"">Although the road expansion work has been completed in most of the places, the contractor is yet to finish the work in some sections and the locals are complaining that it is difficult to travel when it rains.</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:"Nirmala UI","sans-serif"">Samudra Shrestha, who runs a roadside grocery shop in Attarkhel, said that he started getting health problems due to the muddy road in rainy season and dusty condition in the dry season.</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:"Nirmala UI","sans-serif"">After the road upgrading work was not completed within the stipulated time, the deadline was extended till the fiscal year 076/77. However, the work has not been completed even after extending the deadline time and again.</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:"Nirmala UI","sans-serif"">According to Subedi, the spokesperson of the municipality, the road expansion work was started at a cost of Rs 580 million.</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:"Nirmala UI","sans-serif"">According to the construction company, the work has been delayed due to various technical problems. The contractor company says that the road expansion work has been affected due to the fact that electricity poles, wires and other structures have not been removed in some places, even though cutting trees on the road was done during the lockdown period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">Seema Tamang, a local, complained that she is worried that she will have to travel in mud during the rainy season this year as the road is not completed yet. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17943', 'image' => '20230619032149_1687161364.Road Pitch.jpg', 'article_date' => '2023-06-19 15:20:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18212', 'article_category_id' => '1', 'title' => 'Parliamentarians Call for Effective Early Preparedness for Disaster Risk Reduction ', 'sub_title' => '', 'summary' => 'June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that monsoon entered Nepal on June 14 this year and has spread to eastern and central parts of the country as of now. Monsoon-induced disasters are occurring in various areas in the eastern parts of the country, causing the losses of lives and property. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Airing their voices in the Zero Hour of the House of Representatives (HoR) meeting on Monday, the parliamentarians called for identifying vulnerable settlements and relocating the habitants to safer places before the disaster strikes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They urged the government to devise and execute effective action-plan for minimizing the damages from the disasters as well as to step up disaster operation such as search and rescue, relief distribution, resettlement and rehabilitation among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rajendra KC viewed that the government should roll out action-plan for search and rescue, relief distribution and reconstruction of the infrastructures damaged in the disasters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Bhanubhakta Joshi said that Bajhang district, a hill district in the Sudurpaschim Province, was prone to natural disasters and thus demanded relocation of locals residing in such zones. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Man Bahadur Gurung appealed to the government to routinely monitor the watershed area of Madi and Seti River in Kaski district as well as the glacier lake and make early warning system more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Monsoon has already started. Disasters happen unexpectedly. Major disasters took place in the eastern area including Taplejung and Sankhuwasabha last night. There are probability for such disaster to take place in the days to come. The government should pay its attention to it," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha stressed the need for relocating settlements vulnerable to disasters to safety stating that fear has taken over the people of the mountain districts. He also drew the attention of the government to make preparedness for disasters more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Manbir Rai demanded that the government inform the parliament about the disasters in the eastern districts. He also asked the government to provide reliefs to the affected people at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bimala Subedi drew the attention of the government to the residents of Bancharedanda facing various health problems due to the landfill site where waste is being duped in violation of set standards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Kumar Bartaula urged the government to provide equal access to health services for all people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Metmani Chaudhary demanded the government ensure a reliable market for farmers' produce and take initiations to address their pressing issues while Menaka Kumari Pokhrel and Sunita Baral expressed concern over the government decision to withdraw a case concerning the physical assault against TU teacher Prem Chalaune. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Maina Karki drew the government attention towards the prompt need of implementing measures to reduce road accidents while Mangal Prasad Gupta urged the government to promptly address issues of sugarcane farmers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Raghuji Pant demanded the government prevent possible physical assaults and abuses against University faculty members by students unions themselves. "Cases of physical assaults and abuses against University teachers and office-bearers are rising," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meena Tamang, Mukta Kumari Yadav, Manju Sharma Ansari, Ranedra Baraili, Ranju Kumari Jha, Ram Kumar Yadav, Rupa Shoshi Chaudhary, Roshan Karki, Rekha Yadav, Lal Prasad Sawa Limbu and Leelanath Shrestha were among those drawing the government's attention towards various contemporary issues in the House session. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17942', 'image' => '20230619045403_Parliament RSS 800.jpg', 'article_date' => '2023-06-19 14:03:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18211', 'article_category_id' => '1', 'title' => 'National Coffee Conference and Exhibition in Underway in Kathmandu', 'sub_title' => '', 'summary' => 'June 19: The four-day National Coffee Conference and Exhibition 2080 is currently underway in Kathmandu.', '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"">June 19: The four</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">day National Coffee Conference and Exhibition </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2080</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> is currently underway in Kathmandu. The conference, organized for the first time in Nepal, will discuss about investment in the coffee sector and the expansion of Nepali coffee.</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 conference is being organized in collaboration between the Ministry of Industry, Commerce and Supplies, the Ministry of Agriculture and Livestock Development, the National Tea and Coffee Development Board, the Nepal Tourism Board, the European Union Trade and Investment Project and International Trade Center.</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"">Omnath Adhikari, president of the Nepal Coffee Entrepreneurs Federation (NCEF), said that the coffee conference is being held for the first time in Nepal.</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 expects the conference to inspire youths to enter the field of coffee business and thereby promote the internal market. He said that emphasis on coffee production and solving the weaknesses in production will also be discussed during the conference.</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"">Coffee producers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts of the country are participating in the conference. Organizers said that they will organize competitions in various categories to promote coffee.</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"">Businessmen and coffee producers participating in the fair said that the fair has become an easy way to reach out to their potential customers. They believe that such conferences will help them connect with consumers and help in marketing.</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 conference, which started on Saturday at Sasa Banquet in Nayabazar, Kathmandu, will continue till June 20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17941', 'image' => '20230619110646_1687096149.Coffee 4.jpg', 'article_date' => '2023-06-19 11:05:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18210', 'article_category_id' => '1', 'title' => 'Farmers Struggle to get Rs 6 per kg for Tomatoes while Consumers are Paying as Much as Rs 40', 'sub_title' => '', 'summary' => 'June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.', '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"">June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In a symbolic protest against this unnatural situation, farmers threw thousands of kilograms of tomatoes on the streets of Kathmandu on Sunday to draw the attention of the concerned authorities.</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"">About 39,000 kgs of tomatoes were dumped on the road in front of the Kalimati Vegetable and Fruit Market on Sunday. Authorities had to use excavators to remove the tomatoes thrown on the street.</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 Kalimati Vegetable and Fruit Market Development Committee, the wholesale price of tomatoes was fixed at Rs 6 per kg on Sunday. However, the traders of Kalimati complained that tomatoes, that were sold at Rs 40 to Rs 50 per kg a month ago, was not sold even at Rs 6 per kg on Sunday.</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"">Stating that they did not get a fair price for the tomatoes, the traders og Kalimati called the farmers of Nagarjun, Kavre and Kathmandu Valley and threw the tomatoes on the road. </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 is not the first incident in which agricultural produce has been thrown on the street to express dissatisfaction for not getting a fair price. Binay Shrestha, the spokesperson for the Kalimati Vegetable and Fruit Market Development Committee, says that the price of tomatoes has decreased in the market with the increase in production of tomatoes. "Our consumption has not increased but our production has increased," he said, adding, "Whoever ate a kilogram yesterday still eats a kilogram today. But the supply situation has become stronger, and this situation has been created.”</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"">Shrestha says that the price of tomatoes has decreased rapidly since a week. </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 latest price is not even enough to meet the production cost of the farmers," he added. In the past, the production of tomatoes used to be low during the rainy season. But now, tomato production has increased due to tunnel farming in Nepal. Shrestha said that due to the increase in production, more tomatoes are entering the market than usual.</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 past, 60 to 70 tons of tomatoes used to be brought into Kalimati on a normal day. Now, with the increase in production due to tunnel farming, 90 to 95 tons of tomatoes are brought here on a daily basis. "Nowadays, tunnel cultivation is done not only in Kathmandu but also in the outer districts. In the past, the tomatoes produced in the tunnels of Kathmandu were also sold in the outer districts. Now the situation is different. Tomatoes are also being produced in the Terai. Although the production has increased, the consumption has not increased. It seems that the pain of the farmers not even getting the cost price is seen on the streets," said Shrestha.</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"">Imports have decreased due to the increase in production. According to the Department of Customs, 39.88 million kilograms of tomatoes worth Rs 550 million have been imported in the 10 months of the current fiscal year. During the same period of last year, 43.52 million kgs of tomatoes worth Rs 582.6 million were imported in the country.</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 National Potato, Vegetable and Spice Crop Development Center has confirmed that the production of tomatoes has increased. In the fiscal year 2073/74, tomatoes were produced in 21,562 hectares of land. A total of 401,577 metric tons of tomatoes were produced in that particular year. Tomato farming increased in FY 2078/79 and was done in 22,913 hectares of land. Production reached 435,584 metric tons.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17940', 'image' => '20230619105429_HB_KTM-20230618080503_IMG_8837(1).jpg', 'article_date' => '2023-06-19 10:53:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18209', 'article_category_id' => '1', 'title' => 'Floods and Landslides Damage Infrastructures worth Rs 500 Million', 'sub_title' => '', 'summary' => 'June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Physical Infrastructure and Transport Management Prakash Jwala revealed this data during a meeting of the House of Representatives on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Heavy floods and landslides due to incessant rainfall in districts including Taplejung, Tehrathum, Sankhuwasabha and Panchthar have caused huge losses. Some people have lost their lives while others have gone missing in the disaster. I personally and on behalf of the government want to offer condolences to the victims," said Minister Jwala. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts and relief distribution have been sped up, he said, adding that the Nepalese Army, Armed Police Force, Nepal Police and government employees have been deployed to the incident sites for rescue efforts and relief distribution. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Taplejung has been cut off from other districts after flooding swept away a bridge over the Huwa river. Electricity has been also discontinued. Five meters road along the Arun corridor has been damaged," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mid-Hill Highway has been damaged at some places, the minister added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17939', 'image' => '20230619102107_1687074394.Pahiro Road 1.jpg', 'article_date' => '2023-06-19 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18208', 'article_category_id' => '1', 'title' => 'Kathmandu Metropolitan City Bans Screening of Hindi Films, Including Adipurus', 'sub_title' => '', 'summary' => 'The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> KMC Mayor Balendra Shah has issued instructions to mobilize security personnel in order to enforce the ban on all present Hindi films being shown in the halls. The KMC comprises 32 wards, housing a total of 17 cinema halls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Shah expressed his disappointment on a social networking site, stating that three days ago, they had appealed to the relevant parties and authorities to remove a dialogue from the original version of the Hindi film Adipurush that carried an objectionable message, claiming that Janaki, the daughter of King Janak, is the daughter of India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor emphasized the paramount duty of the government, government agencies, non-governmental organizations, and Nepali citizens to preserve Nepal's independence, sovereignty, and dignity, thereby ensuring the welfare of the nation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Sah referred to Article 5 and Article 56, Clause (6), which clearly define the responsibilities of the federal, provincial, and local governments in protecting national interests.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Sah argued that if Adipurush continued to be shown, it would cause irreparable damage to Nepal's national identity, cultural unity, and would be an assault on the country's national figures.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> It should be noted that Sita, the daughter of King Janak, is recognized as one of Nepal's national figures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor highlighted the KMC's concern regarding the cultural invasion depicted in the film, emphasizing the potential risk of creating false perceptions about Princess Janaki's nationality among the people if the film was allowed to be screened without hindrance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response, the ban on "all" Hindi films within the KMC will be implemented starting tomorrow morning.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Following the mayor's instructions, metropolitan city police have been deployed to ensure the effective enforcement of the ban on Hindi films in KMC cinema halls.</span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17938', 'image' => '20230619055622_collage (30).jpg', 'article_date' => '2023-06-19 05:54:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18207', 'article_category_id' => '1', 'title' => 'Three Die, 29 Missing in Monsoon Disasters in Koshi Province', 'sub_title' => '', 'summary' => 'Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">One person each died in the monsoon-induced disasters in Panchthar, Sankhuwasabha, and Taplejung districts. Similarly, 29 individuals have gone missing in these areas, said Nepal Police's Spokesperson and Deputy Inspector General of Police (DIG), Kuber Kadayat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The authorities have initiated search and rescue operations to locate the missing individuals, and three people have already been rescued in Sankhuwasabha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The impact of the natural disasters has been severe in Panchthar district, resulting in one fatality and the disappearance of five others.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> The floods and landslides have damaged several bridges in the district, with some being completely swept away, while others have suffered partial destruction. Furthermore, six houses have been washed away, and a hydro power project has incurred partial damage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Similarly, in Sankhuwasabha district, one person has lost his life, and 21 individuals are currently out of contact. The Chief District Officer, Shiva Kumar Karki, has informed that among the missing individuals, 17 were employees of the Super Hewakhola Hydro Power Project, while the remaining four were local villagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In Taplejung, one person lost his life and three are reported to be missing. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The devastating impact of the natural disasters has also been felt in Ilam district, where landslides have significantly disrupted the lives of the people.</span></span></p> <p><span style="font-family:Calibri, sans-serif"><span style="font-size:18px">Likewise, landslides and floods have damaged several hydropower projects and some bridges in Sankhuwasabha and Panchthar districts. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response to calamity, search and rescue operations are actively underway to locate the missing individuals and provide aid to those affected by disasters, police said. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17937', 'image' => '20230619054048_collage (29).jpg', 'article_date' => '2023-06-19 05:36:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18206', 'article_category_id' => '1', 'title' => 'NEPSE Index Grows by 52.26 Points to Close at 2,094.33', 'sub_title' => '', 'summary' => 'he Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">June 18: The Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Sunday, the NEPSE index increased by 2.56 percent, or 52.26 points and closed at 2,094.33 points. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Along with the NEPSE index, the sensitive index also grew by 1.87 percent and settled at 390.56 points. On this day, 280 scrips traded hands via 70,647 transactions. A total of 1,2095,966 shares were traded, equivalent to Rs. 4,86,91,84,016.</span></span></span></p> <p><span style="font-size:18px"><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. 36.64 crores closing at a market price of Rs. 585 per share.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif">Seven scrips gained the highest 10% each and hit the positive circuit for today.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Conversely, Shuvam Power Limited (SPL) lost the highest 5.58% today.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only one sector closed in the red zone. "Life Insurance" gained the highest 6.38% while "Banking" lost 0.29% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17936', 'image' => '20230618043938_collage (33).jpg', 'article_date' => '2023-06-18 16:37:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18205', 'article_category_id' => '1', 'title' => 'Interbank interest Rate Fixed at 5 Percent', 'sub_title' => '', 'summary' => 'June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop. The interbank interest rate, which had remained stable at around 7 per cent for a long time, has gradually decreased from June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to Nepal Rastra Bank (NRB), the interbank interest rate dropped to 5.74 per cent on Wednesday. Prior to this, the interbank interest rate had dropped to as low as 4 per cent in mid-January to mid-February.</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"">Back then, the interbank interest rate had decreased after the NRB injected liquidity into the market through repo. After that, it increased again and reached 8 and a half per cent in mid-February to mid-March, but it decreased recently after the liquidity crisis eased.</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"">Although the deposits in the banks have been increasing recently, they have not been able to extend loans. Due to this, interbank transactions have decreased and interest rates are decreasing. As of Wednesday, the credit-deposit ratio (CD ratio) of banks stands at 84.19 percent which is well below the threshold of 90 percent fixed by the central bank.</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"">As banks can provide loans by maintaining a CD ratio of up to 90 per cent, they have the ability to provide additional loans of Rs 450 billion. However, there is no demand for credit as the interest rates on loans is high and there is a slump in economic activities.</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"">As liquidity has eased, the interest rate of the government's short-term bond -- Treasury Bills -- is gradually decreasing. On Monday, the interest rate of Treasury Bills fell to 7 per cent. After the situation eased, NRB changed the tight monetary policy and took a policy of reducing interest rates. Because of this, the base rate of banks which had reached a high point, as well as the interest rate on deposits and loans are gradually decreasing.</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"">Commercial banks had decided to reduce the premium by 1 percentage point from mid-March to a maximum of 5 per cent. Similarly, the Nepal Bankers Association has said that as per the instructions of the NRB, the banks have to reduce the spread rate from mid-June as well, so the loan interest rate is decreasing. However, the association decided not to reduce the interest on deposit in mid-June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The base rate of commercial banks, which reached 10.91 per cent in mid-December to mid-January, went down to 10.48 per cent in mid-April to mid-May and the interest rate on loans, which reached 13.03 per cent in mid-January to mid-February, also fell to 12.48 per cent in mid-April to mid-May.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17935', 'image' => '20230618032451_Banks - Copy.jpg', 'article_date' => '2023-06-18 15:22:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18203', 'article_category_id' => '1', 'title' => 'Rainfall Wreaks Havoc in Eastern Nepal', 'sub_title' => 'Two Workers Rescued, 15 Still Missing in Sankhuwasabha Flooding', 'summary' => 'June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.</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"">Two hydropower workers who were reported to have been swept away by the flooded Hewa River in Sankhuwasabha district have been rescued. The state-owned RSS reported that they were rescued in a severe condition. </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"">Tikaram Chaudhary, 24, and Deepak Raj Tharu of Bardiya Municipality-4 from Lumbini Province were among the 17 workers for the Super Hewakhola Hydropower Project who had gone missing in the flood on Saturday night, Deputy Superintendent of Police (DSP) and Chief of the District Police Office, Sankhuwasabha, Narendra Godar told RSS. </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 other 15 workers are still missing. </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 two have been receiving treatment at Chainpur Community Hospital after their rescue. </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 flood triggered by incessant rainfall swept away seven houses along the river bank. As per the police, the flood has largely damaged the Super Hewa Hydropower Project based in Chainpur-4. It caused significant damages to an under-construction motorable bridge connecting Panchkhapan and Chainpur. </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"">A joint security squad from the Area Police Office Chainpur and the Armed Police Force is searching for the missing people. </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"">District Police Office, Panchthar’s chief DSP Hari Khatiwada said that the swollen the river washed away four bridges: one along the Mechi Highway, one Bailey bridge along the Tamor corridor and two at Phalelung rural municipality. The flooded river also swept away an excavator belonging to the Tamor Hydropower Project from Phalelung.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17934', 'image' => '20230618024356_BK_Kimathanka-20230618121049_IMG_6477.jpg', 'article_date' => '2023-06-18 14:42:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18204', 'article_category_id' => '1', 'title' => 'British Council Opens Applications for IELTS Prize 2023 worth 5000 Pounds', 'sub_title' => '', 'summary' => 'June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the British Council, the annual competition supports IELTS test-takers with up to £5,000 towards university tuition fees in English-speaking universities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the British Council said that the IELTS Prize is open to test takers living in China, Japan, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Bangladesh, Pakistan, Nepal and Sri Lanka this year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It will be open to students who have applied for undergraduate or postgraduate studies locally or overseas through IELTS and will begin their course from January 2023 to March 2024,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the press statement, the deadline for submitting completed applications is September 15, 2023. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A total of three winners will be selected through a competitive application process in each country to receive the cash prize to support their studies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“IELTS Prize winners are those who are determined to take what they have learnt from their studies abroad and apply them to their home communities. We believe international study and collaboration is key to building a more peaceful and prosperous world for everyone, and we are proud to assist these ambitious and intelligent individuals achieve their goals,” the statement quoted British Council’s General Manager for Exams, Maxim Raimann, as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Applicants who wish to find out more information about the prize, the application process, and review frequently asked questions can visit British Council’s official website at www.britishcouncil.org.np. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17933', 'image' => '20230618030529_IELTS_Prize_Image.jpg', 'article_date' => '2023-06-18 15:04:02', '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' => '18217', 'article_category_id' => '1', 'title' => 'Hulas Steel to Provide Training to 1348 Individuals ', 'sub_title' => '', 'summary' => ' Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.', 'content' => '<p><br /> June 19: Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.</p> <p> This programme has already uplifted the livelihoods of 45,000 Nepalis, marking a significant stride forward. Jointly operated by Hulas Steel Industry Limited and Hipco Superbuild, under the coordination of Divakar Golchha Corporation, this program receives essential support from the Confederation of Nepalese Industries (CNI) and the Make in Nepal (Swadeshi) Campaign.</p> <p>The collaborative programme will train to 1,348 individuals and connect them with employment opportunities that align with labor market demands, bridging the skill gap effectively. The comprehensive training program runs for seven days and takes place at the Hulas Superbuild Factory, situated in Belwa Parsauni, Ward No. 31 of Birgunj Metropolitan City.</p> <p> This program takes a targeted approach, focusing on steel and iron workers, women seeking empowerment, individuals with extremely low incomes, and marginalized groups. Those with Nepali citizenship, including those residing temporarily or permanently in Madhesh and Lumbini provinces are eligible to participate in the training. </p> <p>Commencing on June 16, 2023, the training program will run for an extensive five-month period. Interested individuals are called to submit their applications for the training. In addition to equipping individuals with vital skills, this program serves as a reliable talent pipeline for factories and industries engaged in construction and the production of construction materials. </p> <p>Hulas Steel works for the balanced development of natural resources, enhancing social welfare, and driving overall economic growth for the nation.</p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17947', 'image' => '20230619064605_collage (40).jpg', 'article_date' => '2023-06-19 18:08:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '18216', 'article_category_id' => '1', 'title' => 'Food Insecurity, Undernourishment Deepening in South Asia: Study', 'sub_title' => '', 'summary' => 'June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Home Minister of Nepal Narayan Kaji Shrestha unveiled the report amid a function on Monday.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, Afghanistan tops the list among South Asian countries where 30 percent people suffered from undernourishment between 2019 and 2021. Pakistan stood second with 17 percent undernourishment followed by India with 16 percent, Bangladesh 12 percent, Nepal six percent, and Sri Lanka four percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">During the same period, Afghanistan recorded around 23 percent of severe food insecurity which was the highest in South Asia. Similarly, Nepal reported around 13 percent food insecurity, followed by Bangladesh at approximately 11 percent, Pakistan at around eight percent and Sri Lanka at approximately two percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report states that Nepal witnessed slightly more than 10 percent of severe food insecurity from 2017 to 2019.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the deterioration in economic conditions that took place with the pandemic led to a substantial increase in poverty, with 48-59 million people estimated to have become poor in 2021, particularly in Afghanistan, Pakistan, and Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The COVID-19 pandemic, Russia-Ukraine war, various natural disasters, energy crisis, global rise in prices of food, petroleum products and fertilizer and political instability have been mentioned as contributors to increasing food insecurity in the entire South Asia.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">"The recovery and development of food systems in South Asia face multiple challenges. Although spillover effects from the Russia-Ukraine war have not been large, South Asia has been affected by the global rise in food, fuel, and fertilizer prices. Food prices have risen sharply, contributing to food insecurity. In September 2022, the year-on-year consumer inflation rate for food was 66 percent in Sri Lanka, 36 percent in Pakistan, and about 8 percent in India, Bangladesh, and Nepal," the report states.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In 2022, Afghanistan, Bangladesh, India and Pakistan had banned the exports of foodstuffs mainly rice, wheat and sugar due to high inflation and food shortage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, the inflation in Pakistan and Sri Lanka is attributed mainly to macroeconomic instability and mismanagement, especially the sharp devaluation of their currencies, and the fertilizer ban in Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report identifies climate change as one of the reasons behind falling agricultural production in many countries. "Threats from climate change loom especially large for many countries, especially those in Africa. Climate change is rapidly intensifying, increasing pressure on food systems, rural livelihoods, and ecosystems more broadly. While some places may benefit from a longer growing season amid rising temperatures, changing weather patterns and advancing desertification have reduced the average growth in agricultural productivity by as much as 21 percent since 1961."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Disruption in the food supply chain and unmanaged migrations are also noted as the reasons for increasing food insecurity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The document emphasizes better prediction, preparation, and resilience building to make future crises less devastating. </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">-- </span></span><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">RSS</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kathmandu University School of Management’s Annual Festival Begins</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the festival, tree plantation was carried out on the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the program, cleaning campaigns were organized at Damark Park on Tuesday. The event concluded with a walkathon from Maitighar to Basantapur on Saturday, under the theme "Clean Air: Our Shared Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist KP Khanal, poet Mohit Joshi, and flutist Sajag Shakya, among others.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On the occasion, artistes from the Silpi Theater performed a play related to environmental pollution at Basantapur.</span></span></p> <p> </p> <p> </p> <p> </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:"Calibri","sans-serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</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:"Calibri","sans-serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</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:"Calibri","sans-serif"">As part of the festival, tree plantation was carried out in the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, Dinesh KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</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:"Calibri","sans-serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </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:"Calibri","sans-serif"">As part of the program, cleaning campaigns were organized from Maitighar to Basantapur on Saturday. The storytelling session, under the theme "Clean Air and Share Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist Kepi Khadka, poet Mohit Joshi, and flutist Sajag Shakya, among others.</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:"Calibri","sans-serif"">On this occasion, artistes from the Silpi Theater performed a play related to environmental pollution in Basantapur.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17946', 'image' => '20230619054740_gfc.jpg', 'article_date' => '2023-06-19 17:46:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18215', 'article_category_id' => '1', 'title' => 'Rastriya Banijya Bank Decides to Give Discount on Interest', 'sub_title' => '', 'summary' => 'Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This interest discount applies to loans of various classifications, including secured, monitored, underperforming, doubtful, and bad loans. It also covers any, normal payments, penal payments, and even overdrafts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The discounted interest amount will be directly credited or deposited into the respective borrower's account. The bank strongly encourages all borrowers to take advantage of this opportunity.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Rastriya Banijya Bank currently operates through 272 branch offices, 54 extension counters, 269 ATMs, and 99 branchless banking service points, serving customers across all seven provinces and 77 districts.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17945', 'image' => '20230619045434_collage (38).jpg', 'article_date' => '2023-06-19 16:53:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18214', 'article_category_id' => '1', 'title' => 'SEBON Halts IPO Issuance Process of Ghorahi Cement Ltd', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO).', 'content' => '<p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This decision was made in response to the discovery of fraudulent applications, which had caused confusion among investors.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">SEBON took the decision to this effect on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Earlier, CDS and Clearing Limited had notified SEBON about the counterfeit applications for Ghorahi Cement Ltd's IPO.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17944', 'image' => '20230619045438_Sebon-update.jpg', 'article_date' => '2023-06-19 16:15:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18213', 'article_category_id' => '1', 'title' => 'Blacktopping of Jorpati-Sundarijal Road Begins after Onset of Monsoon', 'sub_title' => '', 'summary' => 'June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road.', '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:"Nirmala UI","sans-serif"">June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road. The locals are worried about the quality of the road because the blacktopping has been started during the rainy season. </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:"Nirmala UI","sans-serif"">The commuters have been facing problems since a long time because the blacktopping was not done even in eight years after signing the contract. The road is full of potholes and there is daily traffic congestion.</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:"Nirmala UI","sans-serif"">With the onset of monsoon, the contractor started blacktopping the road in Gokarneshwar Municipality-1 Nayapati bridge area. After the builders laid the blacktopping, heavy rainfall on Saturday evening washed away all of those blacktopping. There is still work to be done in many places on both sides of the road.</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:"Nirmala UI","sans-serif"">"During the rainy season, commuting on this road becomes difficult due to water logging in the potholes," said Narayan Bahadur Subedi, spokesperson for Gokarneshwar Municipality. He said that since the federal government had signed the contract for the project, the contractor was not accountable towards the local government. As a result, the road remained in a dilapidated state.</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:"Nirmala UI","sans-serif"">The seven kilometer road, which was contracted in 2072 with the target of completion within the fiscal year 075/76, has been stalled for eight years. Initially, the road expansion work was stopped after the locals who had houses on both the sides of the road protested that they would not allow the work to continue without compensation. The contract to build a 22-meter wide road from the central point was awarded to CM Construction by the Kathmandu Valley Road Extension Project.</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:"Nirmala UI","sans-serif"">About 900 house owners demanded compensation. Therefore, the road expansion could not take place on time.</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:"Nirmala UI","sans-serif"">Under the initiative of Gokarneshwar Municipality, it was later agreed to extend the road by 7 meters each on the right and left sides of the center in populated areas and 11 meters each in the places where there were public lands. Four years have passed since the agreement was reached. Passengers have been suffering for years as the road construction has been stalled for a long time.</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:"Nirmala UI","sans-serif"">Although the road expansion work has been completed in most of the places, the contractor is yet to finish the work in some sections and the locals are complaining that it is difficult to travel when it rains.</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:"Nirmala UI","sans-serif"">Samudra Shrestha, who runs a roadside grocery shop in Attarkhel, said that he started getting health problems due to the muddy road in rainy season and dusty condition in the dry season.</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:"Nirmala UI","sans-serif"">After the road upgrading work was not completed within the stipulated time, the deadline was extended till the fiscal year 076/77. However, the work has not been completed even after extending the deadline time and again.</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:"Nirmala UI","sans-serif"">According to Subedi, the spokesperson of the municipality, the road expansion work was started at a cost of Rs 580 million.</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:"Nirmala UI","sans-serif"">According to the construction company, the work has been delayed due to various technical problems. The contractor company says that the road expansion work has been affected due to the fact that electricity poles, wires and other structures have not been removed in some places, even though cutting trees on the road was done during the lockdown period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">Seema Tamang, a local, complained that she is worried that she will have to travel in mud during the rainy season this year as the road is not completed yet. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17943', 'image' => '20230619032149_1687161364.Road Pitch.jpg', 'article_date' => '2023-06-19 15:20:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18212', 'article_category_id' => '1', 'title' => 'Parliamentarians Call for Effective Early Preparedness for Disaster Risk Reduction ', 'sub_title' => '', 'summary' => 'June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that monsoon entered Nepal on June 14 this year and has spread to eastern and central parts of the country as of now. Monsoon-induced disasters are occurring in various areas in the eastern parts of the country, causing the losses of lives and property. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Airing their voices in the Zero Hour of the House of Representatives (HoR) meeting on Monday, the parliamentarians called for identifying vulnerable settlements and relocating the habitants to safer places before the disaster strikes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They urged the government to devise and execute effective action-plan for minimizing the damages from the disasters as well as to step up disaster operation such as search and rescue, relief distribution, resettlement and rehabilitation among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rajendra KC viewed that the government should roll out action-plan for search and rescue, relief distribution and reconstruction of the infrastructures damaged in the disasters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Bhanubhakta Joshi said that Bajhang district, a hill district in the Sudurpaschim Province, was prone to natural disasters and thus demanded relocation of locals residing in such zones. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Man Bahadur Gurung appealed to the government to routinely monitor the watershed area of Madi and Seti River in Kaski district as well as the glacier lake and make early warning system more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Monsoon has already started. Disasters happen unexpectedly. Major disasters took place in the eastern area including Taplejung and Sankhuwasabha last night. There are probability for such disaster to take place in the days to come. The government should pay its attention to it," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha stressed the need for relocating settlements vulnerable to disasters to safety stating that fear has taken over the people of the mountain districts. He also drew the attention of the government to make preparedness for disasters more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Manbir Rai demanded that the government inform the parliament about the disasters in the eastern districts. He also asked the government to provide reliefs to the affected people at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bimala Subedi drew the attention of the government to the residents of Bancharedanda facing various health problems due to the landfill site where waste is being duped in violation of set standards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Kumar Bartaula urged the government to provide equal access to health services for all people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Metmani Chaudhary demanded the government ensure a reliable market for farmers' produce and take initiations to address their pressing issues while Menaka Kumari Pokhrel and Sunita Baral expressed concern over the government decision to withdraw a case concerning the physical assault against TU teacher Prem Chalaune. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Maina Karki drew the government attention towards the prompt need of implementing measures to reduce road accidents while Mangal Prasad Gupta urged the government to promptly address issues of sugarcane farmers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Raghuji Pant demanded the government prevent possible physical assaults and abuses against University faculty members by students unions themselves. "Cases of physical assaults and abuses against University teachers and office-bearers are rising," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meena Tamang, Mukta Kumari Yadav, Manju Sharma Ansari, Ranedra Baraili, Ranju Kumari Jha, Ram Kumar Yadav, Rupa Shoshi Chaudhary, Roshan Karki, Rekha Yadav, Lal Prasad Sawa Limbu and Leelanath Shrestha were among those drawing the government's attention towards various contemporary issues in the House session. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17942', 'image' => '20230619045403_Parliament RSS 800.jpg', 'article_date' => '2023-06-19 14:03:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18211', 'article_category_id' => '1', 'title' => 'National Coffee Conference and Exhibition in Underway in Kathmandu', 'sub_title' => '', 'summary' => 'June 19: The four-day National Coffee Conference and Exhibition 2080 is currently underway in Kathmandu.', '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"">June 19: The four</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">day National Coffee Conference and Exhibition </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2080</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> is currently underway in Kathmandu. The conference, organized for the first time in Nepal, will discuss about investment in the coffee sector and the expansion of Nepali coffee.</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 conference is being organized in collaboration between the Ministry of Industry, Commerce and Supplies, the Ministry of Agriculture and Livestock Development, the National Tea and Coffee Development Board, the Nepal Tourism Board, the European Union Trade and Investment Project and International Trade Center.</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"">Omnath Adhikari, president of the Nepal Coffee Entrepreneurs Federation (NCEF), said that the coffee conference is being held for the first time in Nepal.</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 expects the conference to inspire youths to enter the field of coffee business and thereby promote the internal market. He said that emphasis on coffee production and solving the weaknesses in production will also be discussed during the conference.</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"">Coffee producers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts of the country are participating in the conference. Organizers said that they will organize competitions in various categories to promote coffee.</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"">Businessmen and coffee producers participating in the fair said that the fair has become an easy way to reach out to their potential customers. They believe that such conferences will help them connect with consumers and help in marketing.</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 conference, which started on Saturday at Sasa Banquet in Nayabazar, Kathmandu, will continue till June 20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17941', 'image' => '20230619110646_1687096149.Coffee 4.jpg', 'article_date' => '2023-06-19 11:05:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18210', 'article_category_id' => '1', 'title' => 'Farmers Struggle to get Rs 6 per kg for Tomatoes while Consumers are Paying as Much as Rs 40', 'sub_title' => '', 'summary' => 'June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.', '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"">June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In a symbolic protest against this unnatural situation, farmers threw thousands of kilograms of tomatoes on the streets of Kathmandu on Sunday to draw the attention of the concerned authorities.</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"">About 39,000 kgs of tomatoes were dumped on the road in front of the Kalimati Vegetable and Fruit Market on Sunday. Authorities had to use excavators to remove the tomatoes thrown on the street.</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 Kalimati Vegetable and Fruit Market Development Committee, the wholesale price of tomatoes was fixed at Rs 6 per kg on Sunday. However, the traders of Kalimati complained that tomatoes, that were sold at Rs 40 to Rs 50 per kg a month ago, was not sold even at Rs 6 per kg on Sunday.</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"">Stating that they did not get a fair price for the tomatoes, the traders og Kalimati called the farmers of Nagarjun, Kavre and Kathmandu Valley and threw the tomatoes on the road. </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 is not the first incident in which agricultural produce has been thrown on the street to express dissatisfaction for not getting a fair price. Binay Shrestha, the spokesperson for the Kalimati Vegetable and Fruit Market Development Committee, says that the price of tomatoes has decreased in the market with the increase in production of tomatoes. "Our consumption has not increased but our production has increased," he said, adding, "Whoever ate a kilogram yesterday still eats a kilogram today. But the supply situation has become stronger, and this situation has been created.”</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"">Shrestha says that the price of tomatoes has decreased rapidly since a week. </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 latest price is not even enough to meet the production cost of the farmers," he added. In the past, the production of tomatoes used to be low during the rainy season. But now, tomato production has increased due to tunnel farming in Nepal. Shrestha said that due to the increase in production, more tomatoes are entering the market than usual.</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 past, 60 to 70 tons of tomatoes used to be brought into Kalimati on a normal day. Now, with the increase in production due to tunnel farming, 90 to 95 tons of tomatoes are brought here on a daily basis. "Nowadays, tunnel cultivation is done not only in Kathmandu but also in the outer districts. In the past, the tomatoes produced in the tunnels of Kathmandu were also sold in the outer districts. Now the situation is different. Tomatoes are also being produced in the Terai. Although the production has increased, the consumption has not increased. It seems that the pain of the farmers not even getting the cost price is seen on the streets," said Shrestha.</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"">Imports have decreased due to the increase in production. According to the Department of Customs, 39.88 million kilograms of tomatoes worth Rs 550 million have been imported in the 10 months of the current fiscal year. During the same period of last year, 43.52 million kgs of tomatoes worth Rs 582.6 million were imported in the country.</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 National Potato, Vegetable and Spice Crop Development Center has confirmed that the production of tomatoes has increased. In the fiscal year 2073/74, tomatoes were produced in 21,562 hectares of land. A total of 401,577 metric tons of tomatoes were produced in that particular year. Tomato farming increased in FY 2078/79 and was done in 22,913 hectares of land. Production reached 435,584 metric tons.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17940', 'image' => '20230619105429_HB_KTM-20230618080503_IMG_8837(1).jpg', 'article_date' => '2023-06-19 10:53:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18209', 'article_category_id' => '1', 'title' => 'Floods and Landslides Damage Infrastructures worth Rs 500 Million', 'sub_title' => '', 'summary' => 'June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Physical Infrastructure and Transport Management Prakash Jwala revealed this data during a meeting of the House of Representatives on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Heavy floods and landslides due to incessant rainfall in districts including Taplejung, Tehrathum, Sankhuwasabha and Panchthar have caused huge losses. Some people have lost their lives while others have gone missing in the disaster. I personally and on behalf of the government want to offer condolences to the victims," said Minister Jwala. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts and relief distribution have been sped up, he said, adding that the Nepalese Army, Armed Police Force, Nepal Police and government employees have been deployed to the incident sites for rescue efforts and relief distribution. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Taplejung has been cut off from other districts after flooding swept away a bridge over the Huwa river. Electricity has been also discontinued. Five meters road along the Arun corridor has been damaged," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mid-Hill Highway has been damaged at some places, the minister added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17939', 'image' => '20230619102107_1687074394.Pahiro Road 1.jpg', 'article_date' => '2023-06-19 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18208', 'article_category_id' => '1', 'title' => 'Kathmandu Metropolitan City Bans Screening of Hindi Films, Including Adipurus', 'sub_title' => '', 'summary' => 'The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> KMC Mayor Balendra Shah has issued instructions to mobilize security personnel in order to enforce the ban on all present Hindi films being shown in the halls. The KMC comprises 32 wards, housing a total of 17 cinema halls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Shah expressed his disappointment on a social networking site, stating that three days ago, they had appealed to the relevant parties and authorities to remove a dialogue from the original version of the Hindi film Adipurush that carried an objectionable message, claiming that Janaki, the daughter of King Janak, is the daughter of India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor emphasized the paramount duty of the government, government agencies, non-governmental organizations, and Nepali citizens to preserve Nepal's independence, sovereignty, and dignity, thereby ensuring the welfare of the nation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Sah referred to Article 5 and Article 56, Clause (6), which clearly define the responsibilities of the federal, provincial, and local governments in protecting national interests.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Sah argued that if Adipurush continued to be shown, it would cause irreparable damage to Nepal's national identity, cultural unity, and would be an assault on the country's national figures.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> It should be noted that Sita, the daughter of King Janak, is recognized as one of Nepal's national figures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor highlighted the KMC's concern regarding the cultural invasion depicted in the film, emphasizing the potential risk of creating false perceptions about Princess Janaki's nationality among the people if the film was allowed to be screened without hindrance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response, the ban on "all" Hindi films within the KMC will be implemented starting tomorrow morning.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Following the mayor's instructions, metropolitan city police have been deployed to ensure the effective enforcement of the ban on Hindi films in KMC cinema halls.</span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17938', 'image' => '20230619055622_collage (30).jpg', 'article_date' => '2023-06-19 05:54:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18207', 'article_category_id' => '1', 'title' => 'Three Die, 29 Missing in Monsoon Disasters in Koshi Province', 'sub_title' => '', 'summary' => 'Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">One person each died in the monsoon-induced disasters in Panchthar, Sankhuwasabha, and Taplejung districts. Similarly, 29 individuals have gone missing in these areas, said Nepal Police's Spokesperson and Deputy Inspector General of Police (DIG), Kuber Kadayat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The authorities have initiated search and rescue operations to locate the missing individuals, and three people have already been rescued in Sankhuwasabha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The impact of the natural disasters has been severe in Panchthar district, resulting in one fatality and the disappearance of five others.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> The floods and landslides have damaged several bridges in the district, with some being completely swept away, while others have suffered partial destruction. Furthermore, six houses have been washed away, and a hydro power project has incurred partial damage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Similarly, in Sankhuwasabha district, one person has lost his life, and 21 individuals are currently out of contact. The Chief District Officer, Shiva Kumar Karki, has informed that among the missing individuals, 17 were employees of the Super Hewakhola Hydro Power Project, while the remaining four were local villagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In Taplejung, one person lost his life and three are reported to be missing. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The devastating impact of the natural disasters has also been felt in Ilam district, where landslides have significantly disrupted the lives of the people.</span></span></p> <p><span style="font-family:Calibri, sans-serif"><span style="font-size:18px">Likewise, landslides and floods have damaged several hydropower projects and some bridges in Sankhuwasabha and Panchthar districts. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response to calamity, search and rescue operations are actively underway to locate the missing individuals and provide aid to those affected by disasters, police said. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17937', 'image' => '20230619054048_collage (29).jpg', 'article_date' => '2023-06-19 05:36:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18206', 'article_category_id' => '1', 'title' => 'NEPSE Index Grows by 52.26 Points to Close at 2,094.33', 'sub_title' => '', 'summary' => 'he Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">June 18: The Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Sunday, the NEPSE index increased by 2.56 percent, or 52.26 points and closed at 2,094.33 points. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Along with the NEPSE index, the sensitive index also grew by 1.87 percent and settled at 390.56 points. On this day, 280 scrips traded hands via 70,647 transactions. A total of 1,2095,966 shares were traded, equivalent to Rs. 4,86,91,84,016.</span></span></span></p> <p><span style="font-size:18px"><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. 36.64 crores closing at a market price of Rs. 585 per share.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif">Seven scrips gained the highest 10% each and hit the positive circuit for today.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Conversely, Shuvam Power Limited (SPL) lost the highest 5.58% today.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only one sector closed in the red zone. "Life Insurance" gained the highest 6.38% while "Banking" lost 0.29% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17936', 'image' => '20230618043938_collage (33).jpg', 'article_date' => '2023-06-18 16:37:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18205', 'article_category_id' => '1', 'title' => 'Interbank interest Rate Fixed at 5 Percent', 'sub_title' => '', 'summary' => 'June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop. The interbank interest rate, which had remained stable at around 7 per cent for a long time, has gradually decreased from June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to Nepal Rastra Bank (NRB), the interbank interest rate dropped to 5.74 per cent on Wednesday. Prior to this, the interbank interest rate had dropped to as low as 4 per cent in mid-January to mid-February.</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"">Back then, the interbank interest rate had decreased after the NRB injected liquidity into the market through repo. After that, it increased again and reached 8 and a half per cent in mid-February to mid-March, but it decreased recently after the liquidity crisis eased.</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"">Although the deposits in the banks have been increasing recently, they have not been able to extend loans. Due to this, interbank transactions have decreased and interest rates are decreasing. As of Wednesday, the credit-deposit ratio (CD ratio) of banks stands at 84.19 percent which is well below the threshold of 90 percent fixed by the central bank.</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"">As banks can provide loans by maintaining a CD ratio of up to 90 per cent, they have the ability to provide additional loans of Rs 450 billion. However, there is no demand for credit as the interest rates on loans is high and there is a slump in economic activities.</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"">As liquidity has eased, the interest rate of the government's short-term bond -- Treasury Bills -- is gradually decreasing. On Monday, the interest rate of Treasury Bills fell to 7 per cent. After the situation eased, NRB changed the tight monetary policy and took a policy of reducing interest rates. Because of this, the base rate of banks which had reached a high point, as well as the interest rate on deposits and loans are gradually decreasing.</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"">Commercial banks had decided to reduce the premium by 1 percentage point from mid-March to a maximum of 5 per cent. Similarly, the Nepal Bankers Association has said that as per the instructions of the NRB, the banks have to reduce the spread rate from mid-June as well, so the loan interest rate is decreasing. However, the association decided not to reduce the interest on deposit in mid-June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The base rate of commercial banks, which reached 10.91 per cent in mid-December to mid-January, went down to 10.48 per cent in mid-April to mid-May and the interest rate on loans, which reached 13.03 per cent in mid-January to mid-February, also fell to 12.48 per cent in mid-April to mid-May.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17935', 'image' => '20230618032451_Banks - Copy.jpg', 'article_date' => '2023-06-18 15:22:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18203', 'article_category_id' => '1', 'title' => 'Rainfall Wreaks Havoc in Eastern Nepal', 'sub_title' => 'Two Workers Rescued, 15 Still Missing in Sankhuwasabha Flooding', 'summary' => 'June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.</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"">Two hydropower workers who were reported to have been swept away by the flooded Hewa River in Sankhuwasabha district have been rescued. The state-owned RSS reported that they were rescued in a severe condition. </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"">Tikaram Chaudhary, 24, and Deepak Raj Tharu of Bardiya Municipality-4 from Lumbini Province were among the 17 workers for the Super Hewakhola Hydropower Project who had gone missing in the flood on Saturday night, Deputy Superintendent of Police (DSP) and Chief of the District Police Office, Sankhuwasabha, Narendra Godar told RSS. </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 other 15 workers are still missing. </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 two have been receiving treatment at Chainpur Community Hospital after their rescue. </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 flood triggered by incessant rainfall swept away seven houses along the river bank. As per the police, the flood has largely damaged the Super Hewa Hydropower Project based in Chainpur-4. It caused significant damages to an under-construction motorable bridge connecting Panchkhapan and Chainpur. </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"">A joint security squad from the Area Police Office Chainpur and the Armed Police Force is searching for the missing people. </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"">District Police Office, Panchthar’s chief DSP Hari Khatiwada said that the swollen the river washed away four bridges: one along the Mechi Highway, one Bailey bridge along the Tamor corridor and two at Phalelung rural municipality. The flooded river also swept away an excavator belonging to the Tamor Hydropower Project from Phalelung.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17934', 'image' => '20230618024356_BK_Kimathanka-20230618121049_IMG_6477.jpg', 'article_date' => '2023-06-18 14:42:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18204', 'article_category_id' => '1', 'title' => 'British Council Opens Applications for IELTS Prize 2023 worth 5000 Pounds', 'sub_title' => '', 'summary' => 'June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the British Council, the annual competition supports IELTS test-takers with up to £5,000 towards university tuition fees in English-speaking universities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the British Council said that the IELTS Prize is open to test takers living in China, Japan, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Bangladesh, Pakistan, Nepal and Sri Lanka this year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It will be open to students who have applied for undergraduate or postgraduate studies locally or overseas through IELTS and will begin their course from January 2023 to March 2024,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the press statement, the deadline for submitting completed applications is September 15, 2023. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A total of three winners will be selected through a competitive application process in each country to receive the cash prize to support their studies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“IELTS Prize winners are those who are determined to take what they have learnt from their studies abroad and apply them to their home communities. We believe international study and collaboration is key to building a more peaceful and prosperous world for everyone, and we are proud to assist these ambitious and intelligent individuals achieve their goals,” the statement quoted British Council’s General Manager for Exams, Maxim Raimann, as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Applicants who wish to find out more information about the prize, the application process, and review frequently asked questions can visit British Council’s official website at www.britishcouncil.org.np. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17933', 'image' => '20230618030529_IELTS_Prize_Image.jpg', 'article_date' => '2023-06-18 15:04:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.', 'content' => '<p><br /> June 19: Hulas Steel will impart Hipco Superbuild Steel Fabrication Training to 1348 individuals. Hulas Steel- Hipco Superbuild Steel Fabrication Training and Employment Program, is a collaborative initiative between the Government of Nepal and the United Kingdom.</p> <p> This programme has already uplifted the livelihoods of 45,000 Nepalis, marking a significant stride forward. Jointly operated by Hulas Steel Industry Limited and Hipco Superbuild, under the coordination of Divakar Golchha Corporation, this program receives essential support from the Confederation of Nepalese Industries (CNI) and the Make in Nepal (Swadeshi) Campaign.</p> <p>The collaborative programme will train to 1,348 individuals and connect them with employment opportunities that align with labor market demands, bridging the skill gap effectively. The comprehensive training program runs for seven days and takes place at the Hulas Superbuild Factory, situated in Belwa Parsauni, Ward No. 31 of Birgunj Metropolitan City.</p> <p> This program takes a targeted approach, focusing on steel and iron workers, women seeking empowerment, individuals with extremely low incomes, and marginalized groups. Those with Nepali citizenship, including those residing temporarily or permanently in Madhesh and Lumbini provinces are eligible to participate in the training. </p> <p>Commencing on June 16, 2023, the training program will run for an extensive five-month period. Interested individuals are called to submit their applications for the training. In addition to equipping individuals with vital skills, this program serves as a reliable talent pipeline for factories and industries engaged in construction and the production of construction materials. </p> <p>Hulas Steel works for the balanced development of natural resources, enhancing social welfare, and driving overall economic growth for the nation.</p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17947', 'image' => '20230619064605_collage (40).jpg', 'article_date' => '2023-06-19 18:08:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '18216', 'article_category_id' => '1', 'title' => 'Food Insecurity, Undernourishment Deepening in South Asia: Study', 'sub_title' => '', 'summary' => 'June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">June 19: Food insecurity and undernourishment are deepening lately in South Asia including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Home Minister of Nepal Narayan Kaji Shrestha unveiled the report amid a function on Monday.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, Afghanistan tops the list among South Asian countries where 30 percent people suffered from undernourishment between 2019 and 2021. Pakistan stood second with 17 percent undernourishment followed by India with 16 percent, Bangladesh 12 percent, Nepal six percent, and Sri Lanka four percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">During the same period, Afghanistan recorded around 23 percent of severe food insecurity which was the highest in South Asia. Similarly, Nepal reported around 13 percent food insecurity, followed by Bangladesh at approximately 11 percent, Pakistan at around eight percent and Sri Lanka at approximately two percent.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report states that Nepal witnessed slightly more than 10 percent of severe food insecurity from 2017 to 2019.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the deterioration in economic conditions that took place with the pandemic led to a substantial increase in poverty, with 48-59 million people estimated to have become poor in 2021, particularly in Afghanistan, Pakistan, and Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The COVID-19 pandemic, Russia-Ukraine war, various natural disasters, energy crisis, global rise in prices of food, petroleum products and fertilizer and political instability have been mentioned as contributors to increasing food insecurity in the entire South Asia.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">"The recovery and development of food systems in South Asia face multiple challenges. Although spillover effects from the Russia-Ukraine war have not been large, South Asia has been affected by the global rise in food, fuel, and fertilizer prices. Food prices have risen sharply, contributing to food insecurity. In September 2022, the year-on-year consumer inflation rate for food was 66 percent in Sri Lanka, 36 percent in Pakistan, and about 8 percent in India, Bangladesh, and Nepal," the report states.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In 2022, Afghanistan, Bangladesh, India and Pakistan had banned the exports of foodstuffs mainly rice, wheat and sugar due to high inflation and food shortage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">According to the report, the inflation in Pakistan and Sri Lanka is attributed mainly to macroeconomic instability and mismanagement, especially the sharp devaluation of their currencies, and the fertilizer ban in Sri Lanka.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The report identifies climate change as one of the reasons behind falling agricultural production in many countries. "Threats from climate change loom especially large for many countries, especially those in Africa. Climate change is rapidly intensifying, increasing pressure on food systems, rural livelihoods, and ecosystems more broadly. While some places may benefit from a longer growing season amid rising temperatures, changing weather patterns and advancing desertification have reduced the average growth in agricultural productivity by as much as 21 percent since 1961."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Disruption in the food supply chain and unmanaged migrations are also noted as the reasons for increasing food insecurity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The document emphasizes better prediction, preparation, and resilience building to make future crises less devastating. </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">-- </span></span><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">RSS</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kathmandu University School of Management’s Annual Festival Begins</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the festival, tree plantation was carried out on the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">As part of the program, cleaning campaigns were organized at Damark Park on Tuesday. The event concluded with a walkathon from Maitighar to Basantapur on Saturday, under the theme "Clean Air: Our Shared Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist KP Khanal, poet Mohit Joshi, and flutist Sajag Shakya, among others.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">On the occasion, artistes from the Silpi Theater performed a play related to environmental pollution at Basantapur.</span></span></p> <p> </p> <p> </p> <p> </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:"Calibri","sans-serif"">June 3: The annual festival of Kathmandu University School Management (KUSOM) commenced at Balkumari, Lalitpur. Lalitpur Metropolitan City Mayor Chiri Babu Maharjan inaugurated the annual festival on Tuesday.</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:"Calibri","sans-serif"">The month-long festival, under the theme "We Care, We Collaborate, We Celebrate," will feature a total of 16 programs, according to KUSOM. Dr. Devi Bedari, Dean of the University, had delivered the inaugural speech. Various cultural programs were presented during the inauguration ceremony.</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:"Calibri","sans-serif"">As part of the festival, tree plantation was carried out in the premises of KUSOM. Mayor of Lalitpur Metropolitan City, ward chiefs, Dinesh KAF coordinator, among others, participated in the tree plantation. Following the tree plantation, a "Flash Mob" performance took place in the KUSOM grounds. Dr. Devi Bedari and KAF coordinator Ichchhuk Paudyal honored the distinguished guests with tokens of love and appreciation letters.</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:"Calibri","sans-serif"">Similarly, Mayor Maharjan presented letters of appreciation to the students who showcased their presentations during the program. Subsequently, KAF 2023 coordinator Paudyal delivered the closing remarks. </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:"Calibri","sans-serif"">As part of the program, cleaning campaigns were organized from Maitighar to Basantapur on Saturday. The storytelling session, under the theme "Clean Air and Share Responsibility," featured the participation of Miss Nepal 2023 Shreechha Pradhan, social activist Kepi Khadka, poet Mohit Joshi, and flutist Sajag Shakya, among others.</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:"Calibri","sans-serif"">On this occasion, artistes from the Silpi Theater performed a play related to environmental pollution in Basantapur.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17946', 'image' => '20230619054740_gfc.jpg', 'article_date' => '2023-06-19 17:46:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18215', 'article_category_id' => '1', 'title' => 'Rastriya Banijya Bank Decides to Give Discount on Interest', 'sub_title' => '', 'summary' => 'Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Rastriya Banijya Bank Limited has decided to grant discount on all kinds of interest payments. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Starting from June 16 until July 16, the bank will provide a 5% discount on all types of interest payments made by borrowers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This interest discount applies to loans of various classifications, including secured, monitored, underperforming, doubtful, and bad loans. It also covers any, normal payments, penal payments, and even overdrafts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The discounted interest amount will be directly credited or deposited into the respective borrower's account. The bank strongly encourages all borrowers to take advantage of this opportunity.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Rastriya Banijya Bank currently operates through 272 branch offices, 54 extension counters, 269 ATMs, and 99 branchless banking service points, serving customers across all seven provinces and 77 districts.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17945', 'image' => '20230619045434_collage (38).jpg', 'article_date' => '2023-06-19 16:53:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '18214', 'article_category_id' => '1', 'title' => 'SEBON Halts IPO Issuance Process of Ghorahi Cement Ltd', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO).', 'content' => '<p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Securities Board of Nepal (SEBON) has decided to suspend the issuance process of Ghorahi Cement Ltd's Initial Public Offering (IPO). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This decision was made in response to the discovery of fraudulent applications, which had caused confusion among investors.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">SEBON took the decision to this effect on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Earlier, CDS and Clearing Limited had notified SEBON about the counterfeit applications for Ghorahi Cement Ltd's IPO.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17944', 'image' => '20230619045438_Sebon-update.jpg', 'article_date' => '2023-06-19 16:15:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18213', 'article_category_id' => '1', 'title' => 'Blacktopping of Jorpati-Sundarijal Road Begins after Onset of Monsoon', 'sub_title' => '', 'summary' => 'June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road.', '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:"Nirmala UI","sans-serif"">June 19: Eight years after the expansion of the Jorpati-Gokarna-Sundrijal road, preparations have been started for blacktopping the road. The locals are worried about the quality of the road because the blacktopping has been started during the rainy season. </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:"Nirmala UI","sans-serif"">The commuters have been facing problems since a long time because the blacktopping was not done even in eight years after signing the contract. The road is full of potholes and there is daily traffic congestion.</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:"Nirmala UI","sans-serif"">With the onset of monsoon, the contractor started blacktopping the road in Gokarneshwar Municipality-1 Nayapati bridge area. After the builders laid the blacktopping, heavy rainfall on Saturday evening washed away all of those blacktopping. There is still work to be done in many places on both sides of the road.</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:"Nirmala UI","sans-serif"">"During the rainy season, commuting on this road becomes difficult due to water logging in the potholes," said Narayan Bahadur Subedi, spokesperson for Gokarneshwar Municipality. He said that since the federal government had signed the contract for the project, the contractor was not accountable towards the local government. As a result, the road remained in a dilapidated state.</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:"Nirmala UI","sans-serif"">The seven kilometer road, which was contracted in 2072 with the target of completion within the fiscal year 075/76, has been stalled for eight years. Initially, the road expansion work was stopped after the locals who had houses on both the sides of the road protested that they would not allow the work to continue without compensation. The contract to build a 22-meter wide road from the central point was awarded to CM Construction by the Kathmandu Valley Road Extension Project.</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:"Nirmala UI","sans-serif"">About 900 house owners demanded compensation. Therefore, the road expansion could not take place on time.</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:"Nirmala UI","sans-serif"">Under the initiative of Gokarneshwar Municipality, it was later agreed to extend the road by 7 meters each on the right and left sides of the center in populated areas and 11 meters each in the places where there were public lands. Four years have passed since the agreement was reached. Passengers have been suffering for years as the road construction has been stalled for a long time.</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:"Nirmala UI","sans-serif"">Although the road expansion work has been completed in most of the places, the contractor is yet to finish the work in some sections and the locals are complaining that it is difficult to travel when it rains.</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:"Nirmala UI","sans-serif"">Samudra Shrestha, who runs a roadside grocery shop in Attarkhel, said that he started getting health problems due to the muddy road in rainy season and dusty condition in the dry season.</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:"Nirmala UI","sans-serif"">After the road upgrading work was not completed within the stipulated time, the deadline was extended till the fiscal year 076/77. However, the work has not been completed even after extending the deadline time and again.</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:"Nirmala UI","sans-serif"">According to Subedi, the spokesperson of the municipality, the road expansion work was started at a cost of Rs 580 million.</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:"Nirmala UI","sans-serif"">According to the construction company, the work has been delayed due to various technical problems. The contractor company says that the road expansion work has been affected due to the fact that electricity poles, wires and other structures have not been removed in some places, even though cutting trees on the road was done during the lockdown period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">Seema Tamang, a local, complained that she is worried that she will have to travel in mud during the rainy season this year as the road is not completed yet. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17943', 'image' => '20230619032149_1687161364.Road Pitch.jpg', 'article_date' => '2023-06-19 15:20:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '18212', 'article_category_id' => '1', 'title' => 'Parliamentarians Call for Effective Early Preparedness for Disaster Risk Reduction ', 'sub_title' => '', 'summary' => 'June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Parliamentarians have drawn the attention of the government towards the urgency for making early preparedness regarding the Disaster Risk Reduction (DRR) more effective as monsoon has already started in the country and thus monsoon-induced disasters are more likely. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that monsoon entered Nepal on June 14 this year and has spread to eastern and central parts of the country as of now. Monsoon-induced disasters are occurring in various areas in the eastern parts of the country, causing the losses of lives and property. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Airing their voices in the Zero Hour of the House of Representatives (HoR) meeting on Monday, the parliamentarians called for identifying vulnerable settlements and relocating the habitants to safer places before the disaster strikes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They urged the government to devise and execute effective action-plan for minimizing the damages from the disasters as well as to step up disaster operation such as search and rescue, relief distribution, resettlement and rehabilitation among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rajendra KC viewed that the government should roll out action-plan for search and rescue, relief distribution and reconstruction of the infrastructures damaged in the disasters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Bhanubhakta Joshi said that Bajhang district, a hill district in the Sudurpaschim Province, was prone to natural disasters and thus demanded relocation of locals residing in such zones. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Man Bahadur Gurung appealed to the government to routinely monitor the watershed area of Madi and Seti River in Kaski district as well as the glacier lake and make early warning system more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Monsoon has already started. Disasters happen unexpectedly. Major disasters took place in the eastern area including Taplejung and Sankhuwasabha last night. There are probability for such disaster to take place in the days to come. The government should pay its attention to it," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha stressed the need for relocating settlements vulnerable to disasters to safety stating that fear has taken over the people of the mountain districts. He also drew the attention of the government to make preparedness for disasters more effective. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Manbir Rai demanded that the government inform the parliament about the disasters in the eastern districts. He also asked the government to provide reliefs to the affected people at the earliest. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bimala Subedi drew the attention of the government to the residents of Bancharedanda facing various health problems due to the landfill site where waste is being duped in violation of set standards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mahesh Kumar Bartaula urged the government to provide equal access to health services for all people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Metmani Chaudhary demanded the government ensure a reliable market for farmers' produce and take initiations to address their pressing issues while Menaka Kumari Pokhrel and Sunita Baral expressed concern over the government decision to withdraw a case concerning the physical assault against TU teacher Prem Chalaune. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Maina Karki drew the government attention towards the prompt need of implementing measures to reduce road accidents while Mangal Prasad Gupta urged the government to promptly address issues of sugarcane farmers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Raghuji Pant demanded the government prevent possible physical assaults and abuses against University faculty members by students unions themselves. "Cases of physical assaults and abuses against University teachers and office-bearers are rising," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meena Tamang, Mukta Kumari Yadav, Manju Sharma Ansari, Ranedra Baraili, Ranju Kumari Jha, Ram Kumar Yadav, Rupa Shoshi Chaudhary, Roshan Karki, Rekha Yadav, Lal Prasad Sawa Limbu and Leelanath Shrestha were among those drawing the government's attention towards various contemporary issues in the House session. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17942', 'image' => '20230619045403_Parliament RSS 800.jpg', 'article_date' => '2023-06-19 14:03:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18211', 'article_category_id' => '1', 'title' => 'National Coffee Conference and Exhibition in Underway in Kathmandu', 'sub_title' => '', 'summary' => 'June 19: The four-day National Coffee Conference and Exhibition 2080 is currently underway in Kathmandu.', '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"">June 19: The four</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">-</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">day National Coffee Conference and Exhibition </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2080</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> is currently underway in Kathmandu. The conference, organized for the first time in Nepal, will discuss about investment in the coffee sector and the expansion of Nepali coffee.</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 conference is being organized in collaboration between the Ministry of Industry, Commerce and Supplies, the Ministry of Agriculture and Livestock Development, the National Tea and Coffee Development Board, the Nepal Tourism Board, the European Union Trade and Investment Project and International Trade Center.</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"">Omnath Adhikari, president of the Nepal Coffee Entrepreneurs Federation (NCEF), said that the coffee conference is being held for the first time in Nepal.</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 expects the conference to inspire youths to enter the field of coffee business and thereby promote the internal market. He said that emphasis on coffee production and solving the weaknesses in production will also be discussed during the conference.</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"">Coffee producers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts of the country are participating in the conference. Organizers said that they will organize competitions in various categories to promote coffee.</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"">Businessmen and coffee producers participating in the fair said that the fair has become an easy way to reach out to their potential customers. They believe that such conferences will help them connect with consumers and help in marketing.</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 conference, which started on Saturday at Sasa Banquet in Nayabazar, Kathmandu, will continue till June 20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17941', 'image' => '20230619110646_1687096149.Coffee 4.jpg', 'article_date' => '2023-06-19 11:05:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '18210', 'article_category_id' => '1', 'title' => 'Farmers Struggle to get Rs 6 per kg for Tomatoes while Consumers are Paying as Much as Rs 40', 'sub_title' => '', 'summary' => 'June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.', '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"">June 19: Farmers are getting less than Rs 6 per kg for tomatoes, but consumers are buying them at an inflated price of Rs 40 per kg.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In a symbolic protest against this unnatural situation, farmers threw thousands of kilograms of tomatoes on the streets of Kathmandu on Sunday to draw the attention of the concerned authorities.</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"">About 39,000 kgs of tomatoes were dumped on the road in front of the Kalimati Vegetable and Fruit Market on Sunday. Authorities had to use excavators to remove the tomatoes thrown on the street.</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 Kalimati Vegetable and Fruit Market Development Committee, the wholesale price of tomatoes was fixed at Rs 6 per kg on Sunday. However, the traders of Kalimati complained that tomatoes, that were sold at Rs 40 to Rs 50 per kg a month ago, was not sold even at Rs 6 per kg on Sunday.</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"">Stating that they did not get a fair price for the tomatoes, the traders og Kalimati called the farmers of Nagarjun, Kavre and Kathmandu Valley and threw the tomatoes on the road. </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 is not the first incident in which agricultural produce has been thrown on the street to express dissatisfaction for not getting a fair price. Binay Shrestha, the spokesperson for the Kalimati Vegetable and Fruit Market Development Committee, says that the price of tomatoes has decreased in the market with the increase in production of tomatoes. "Our consumption has not increased but our production has increased," he said, adding, "Whoever ate a kilogram yesterday still eats a kilogram today. But the supply situation has become stronger, and this situation has been created.”</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"">Shrestha says that the price of tomatoes has decreased rapidly since a week. </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 latest price is not even enough to meet the production cost of the farmers," he added. In the past, the production of tomatoes used to be low during the rainy season. But now, tomato production has increased due to tunnel farming in Nepal. Shrestha said that due to the increase in production, more tomatoes are entering the market than usual.</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 past, 60 to 70 tons of tomatoes used to be brought into Kalimati on a normal day. Now, with the increase in production due to tunnel farming, 90 to 95 tons of tomatoes are brought here on a daily basis. "Nowadays, tunnel cultivation is done not only in Kathmandu but also in the outer districts. In the past, the tomatoes produced in the tunnels of Kathmandu were also sold in the outer districts. Now the situation is different. Tomatoes are also being produced in the Terai. Although the production has increased, the consumption has not increased. It seems that the pain of the farmers not even getting the cost price is seen on the streets," said Shrestha.</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"">Imports have decreased due to the increase in production. According to the Department of Customs, 39.88 million kilograms of tomatoes worth Rs 550 million have been imported in the 10 months of the current fiscal year. During the same period of last year, 43.52 million kgs of tomatoes worth Rs 582.6 million were imported in the country.</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 National Potato, Vegetable and Spice Crop Development Center has confirmed that the production of tomatoes has increased. In the fiscal year 2073/74, tomatoes were produced in 21,562 hectares of land. A total of 401,577 metric tons of tomatoes were produced in that particular year. Tomato farming increased in FY 2078/79 and was done in 22,913 hectares of land. Production reached 435,584 metric tons.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17940', 'image' => '20230619105429_HB_KTM-20230618080503_IMG_8837(1).jpg', 'article_date' => '2023-06-19 10:53:48', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18209', 'article_category_id' => '1', 'title' => 'Floods and Landslides Damage Infrastructures worth Rs 500 Million', 'sub_title' => '', 'summary' => 'June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: Landslides and floods since Saturday night have destroyed infrastructures worth Rs 500 million in the eastern Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Physical Infrastructure and Transport Management Prakash Jwala revealed this data during a meeting of the House of Representatives on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Heavy floods and landslides due to incessant rainfall in districts including Taplejung, Tehrathum, Sankhuwasabha and Panchthar have caused huge losses. Some people have lost their lives while others have gone missing in the disaster. I personally and on behalf of the government want to offer condolences to the victims," said Minister Jwala. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts and relief distribution have been sped up, he said, adding that the Nepalese Army, Armed Police Force, Nepal Police and government employees have been deployed to the incident sites for rescue efforts and relief distribution. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Taplejung has been cut off from other districts after flooding swept away a bridge over the Huwa river. Electricity has been also discontinued. Five meters road along the Arun corridor has been damaged," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mid-Hill Highway has been damaged at some places, the minister added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17939', 'image' => '20230619102107_1687074394.Pahiro Road 1.jpg', 'article_date' => '2023-06-19 10:20:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '18208', 'article_category_id' => '1', 'title' => 'Kathmandu Metropolitan City Bans Screening of Hindi Films, Including Adipurus', 'sub_title' => '', 'summary' => 'The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: The Kathmandu Metropolitan City (KMC) will prohibit the screening of Hindi films, including Adipurush, in cinema halls within its jurisdiction starting from Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> KMC Mayor Balendra Shah has issued instructions to mobilize security personnel in order to enforce the ban on all present Hindi films being shown in the halls. The KMC comprises 32 wards, housing a total of 17 cinema halls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Shah expressed his disappointment on a social networking site, stating that three days ago, they had appealed to the relevant parties and authorities to remove a dialogue from the original version of the Hindi film Adipurush that carried an objectionable message, claiming that Janaki, the daughter of King Janak, is the daughter of India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor emphasized the paramount duty of the government, government agencies, non-governmental organizations, and Nepali citizens to preserve Nepal's independence, sovereignty, and dignity, thereby ensuring the welfare of the nation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Sah referred to Article 5 and Article 56, Clause (6), which clearly define the responsibilities of the federal, provincial, and local governments in protecting national interests.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Mayor Sah argued that if Adipurush continued to be shown, it would cause irreparable damage to Nepal's national identity, cultural unity, and would be an assault on the country's national figures.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> It should be noted that Sita, the daughter of King Janak, is recognized as one of Nepal's national figures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The mayor highlighted the KMC's concern regarding the cultural invasion depicted in the film, emphasizing the potential risk of creating false perceptions about Princess Janaki's nationality among the people if the film was allowed to be screened without hindrance. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response, the ban on "all" Hindi films within the KMC will be implemented starting tomorrow morning.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Following the mayor's instructions, metropolitan city police have been deployed to ensure the effective enforcement of the ban on Hindi films in KMC cinema halls.</span></span></p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17938', 'image' => '20230619055622_collage (30).jpg', 'article_date' => '2023-06-19 05:54:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '18207', 'article_category_id' => '1', 'title' => 'Three Die, 29 Missing in Monsoon Disasters in Koshi Province', 'sub_title' => '', 'summary' => 'Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 19: Three people have lost their lives and 29 have gone missing in Sankhuwasabha, Panchthar and Taplejung districts in the floods and landslides triggered by the rains since the onset of this year’s monsoon in Koshi Province. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">One person each died in the monsoon-induced disasters in Panchthar, Sankhuwasabha, and Taplejung districts. Similarly, 29 individuals have gone missing in these areas, said Nepal Police's Spokesperson and Deputy Inspector General of Police (DIG), Kuber Kadayat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The authorities have initiated search and rescue operations to locate the missing individuals, and three people have already been rescued in Sankhuwasabha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The impact of the natural disasters has been severe in Panchthar district, resulting in one fatality and the disappearance of five others.</span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"> The floods and landslides have damaged several bridges in the district, with some being completely swept away, while others have suffered partial destruction. Furthermore, six houses have been washed away, and a hydro power project has incurred partial damage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Similarly, in Sankhuwasabha district, one person has lost his life, and 21 individuals are currently out of contact. The Chief District Officer, Shiva Kumar Karki, has informed that among the missing individuals, 17 were employees of the Super Hewakhola Hydro Power Project, while the remaining four were local villagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In Taplejung, one person lost his life and three are reported to be missing. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The devastating impact of the natural disasters has also been felt in Ilam district, where landslides have significantly disrupted the lives of the people.</span></span></p> <p><span style="font-family:Calibri, sans-serif"><span style="font-size:18px">Likewise, landslides and floods have damaged several hydropower projects and some bridges in Sankhuwasabha and Panchthar districts. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In response to calamity, search and rescue operations are actively underway to locate the missing individuals and provide aid to those affected by disasters, police said. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-19', 'modified' => '2023-06-19', 'keywords' => '', 'description' => '', 'sortorder' => '17937', 'image' => '20230619054048_collage (29).jpg', 'article_date' => '2023-06-19 05:36:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '18206', 'article_category_id' => '1', 'title' => 'NEPSE Index Grows by 52.26 Points to Close at 2,094.33', 'sub_title' => '', 'summary' => 'he Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">June 18: The Nepal Stock Exchange(NEPSE) also saw an increase on Sunday. The benchmark index has been consistently rising for the past nine trading days.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">On Sunday, the NEPSE index increased by 2.56 percent, or 52.26 points and closed at 2,094.33 points. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Open Sans",sans-serif">Along with the NEPSE index, the sensitive index also grew by 1.87 percent and settled at 390.56 points. On this day, 280 scrips traded hands via 70,647 transactions. A total of 1,2095,966 shares were traded, equivalent to Rs. 4,86,91,84,016.</span></span></span></p> <p><span style="font-size:18px"><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. 36.64 crores closing at a market price of Rs. 585 per share.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman",serif">Seven scrips gained the highest 10% each and hit the positive circuit for today.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Conversely, Shuvam Power Limited (SPL) lost the highest 5.58% today.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Open Sans",sans-serif">Only one sector closed in the red zone. "Life Insurance" gained the highest 6.38% while "Banking" lost 0.29% today.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17936', 'image' => '20230618043938_collage (33).jpg', 'article_date' => '2023-06-18 16:37:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '18205', 'article_category_id' => '1', 'title' => 'Interbank interest Rate Fixed at 5 Percent', 'sub_title' => '', 'summary' => 'June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">June 18: As the investable capital in the banking system has improved, the interbank interest rate has also started to drop. The interbank interest rate, which had remained stable at around 7 per cent for a long time, has gradually decreased from June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to Nepal Rastra Bank (NRB), the interbank interest rate dropped to 5.74 per cent on Wednesday. Prior to this, the interbank interest rate had dropped to as low as 4 per cent in mid-January to mid-February.</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"">Back then, the interbank interest rate had decreased after the NRB injected liquidity into the market through repo. After that, it increased again and reached 8 and a half per cent in mid-February to mid-March, but it decreased recently after the liquidity crisis eased.</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"">Although the deposits in the banks have been increasing recently, they have not been able to extend loans. Due to this, interbank transactions have decreased and interest rates are decreasing. As of Wednesday, the credit-deposit ratio (CD ratio) of banks stands at 84.19 percent which is well below the threshold of 90 percent fixed by the central bank.</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"">As banks can provide loans by maintaining a CD ratio of up to 90 per cent, they have the ability to provide additional loans of Rs 450 billion. However, there is no demand for credit as the interest rates on loans is high and there is a slump in economic activities.</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"">As liquidity has eased, the interest rate of the government's short-term bond -- Treasury Bills -- is gradually decreasing. On Monday, the interest rate of Treasury Bills fell to 7 per cent. After the situation eased, NRB changed the tight monetary policy and took a policy of reducing interest rates. Because of this, the base rate of banks which had reached a high point, as well as the interest rate on deposits and loans are gradually decreasing.</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"">Commercial banks had decided to reduce the premium by 1 percentage point from mid-March to a maximum of 5 per cent. Similarly, the Nepal Bankers Association has said that as per the instructions of the NRB, the banks have to reduce the spread rate from mid-June as well, so the loan interest rate is decreasing. However, the association decided not to reduce the interest on deposit in mid-June.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The base rate of commercial banks, which reached 10.91 per cent in mid-December to mid-January, went down to 10.48 per cent in mid-April to mid-May and the interest rate on loans, which reached 13.03 per cent in mid-January to mid-February, also fell to 12.48 per cent in mid-April to mid-May.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17935', 'image' => '20230618032451_Banks - Copy.jpg', 'article_date' => '2023-06-18 15:22:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18203', 'article_category_id' => '1', 'title' => 'Rainfall Wreaks Havoc in Eastern Nepal', 'sub_title' => 'Two Workers Rescued, 15 Still Missing in Sankhuwasabha Flooding', 'summary' => 'June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 18: With the onset of monsoon, landslides and floodings have wreaked havoc in this hills of eastern Nepal causing loss of lives and properties.</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"">Two hydropower workers who were reported to have been swept away by the flooded Hewa River in Sankhuwasabha district have been rescued. The state-owned RSS reported that they were rescued in a severe condition. </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"">Tikaram Chaudhary, 24, and Deepak Raj Tharu of Bardiya Municipality-4 from Lumbini Province were among the 17 workers for the Super Hewakhola Hydropower Project who had gone missing in the flood on Saturday night, Deputy Superintendent of Police (DSP) and Chief of the District Police Office, Sankhuwasabha, Narendra Godar told RSS. </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 other 15 workers are still missing. </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 two have been receiving treatment at Chainpur Community Hospital after their rescue. </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 flood triggered by incessant rainfall swept away seven houses along the river bank. As per the police, the flood has largely damaged the Super Hewa Hydropower Project based in Chainpur-4. It caused significant damages to an under-construction motorable bridge connecting Panchkhapan and Chainpur. </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"">A joint security squad from the Area Police Office Chainpur and the Armed Police Force is searching for the missing people. </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"">District Police Office, Panchthar’s chief DSP Hari Khatiwada said that the swollen the river washed away four bridges: one along the Mechi Highway, one Bailey bridge along the Tamor corridor and two at Phalelung rural municipality. The flooded river also swept away an excavator belonging to the Tamor Hydropower Project from Phalelung.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17934', 'image' => '20230618024356_BK_Kimathanka-20230618121049_IMG_6477.jpg', 'article_date' => '2023-06-18 14:42:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18204', 'article_category_id' => '1', 'title' => 'British Council Opens Applications for IELTS Prize 2023 worth 5000 Pounds', 'sub_title' => '', 'summary' => 'June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">June 18: The British Council has opened applications for the British Council IELTS Prize 2023 in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the British Council, the annual competition supports IELTS test-takers with up to £5,000 towards university tuition fees in English-speaking universities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the British Council said that the IELTS Prize is open to test takers living in China, Japan, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Bangladesh, Pakistan, Nepal and Sri Lanka this year. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“It will be open to students who have applied for undergraduate or postgraduate studies locally or overseas through IELTS and will begin their course from January 2023 to March 2024,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the press statement, the deadline for submitting completed applications is September 15, 2023. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A total of three winners will be selected through a competitive application process in each country to receive the cash prize to support their studies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“IELTS Prize winners are those who are determined to take what they have learnt from their studies abroad and apply them to their home communities. We believe international study and collaboration is key to building a more peaceful and prosperous world for everyone, and we are proud to assist these ambitious and intelligent individuals achieve their goals,” the statement quoted British Council’s General Manager for Exams, Maxim Raimann, as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Applicants who wish to find out more information about the prize, the application process, and review frequently asked questions can visit British Council’s official website at www.britishcouncil.org.np. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-06-18', 'modified' => '2023-06-18', 'keywords' => '', 'description' => '', 'sortorder' => '17933', 'image' => '20230618030529_IELTS_Prize_Image.jpg', 'article_date' => '2023-06-18 15:04:02', '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
