May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest.…
May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest.…
May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70…
May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on…
May 7: The budget session of the Federal Parliament is beginning today (May…
Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from…
Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park. Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at…
Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the…
May 5: A helicopter belonging to Simrik Air has crashed in Sankhuwasabha district on Friday…
May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has…
May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on…
May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face…
May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for…
May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on…
May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other…
May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world…
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest. The climbers who are currently practicing for mountain climbing will leave the base camp for the summit of Mount Everest after one week.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the Department of Tourism, if the weather is not unfavorable, the climbers will start climbing after eight days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Yuvraj Khatiwada, director of the mountaineering branch of the department, said that the department has intensified the work of appointing liaison officers and facilitations for the climbers. According to him, the number of climbers who have reached the base camp of Everest currently is 466, Lhotse is 110 and Nuptse is 70.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that if the weather is favorable, the routes to the camps above the base camp will be fixed from Sunday and Monday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “The liaison officers are already at the base camp. This time, it will be more convenient as the liaison office of the monitoring committee is established at the base camp of Mount Everest,” said Khatiwada.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the government started issuing permits for this season, 1,079 people received permits to climb various mountains and peaks including Everest.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A certain time is fixed for climbing depending on the mountain and height. There is a provision that climbing Everest must be completed within 75 days after receiving the permit. The department so far has issued permits for climbing 24 mountains and peaks. The mountains and peaks for which permits are issued are above 6,000 meters. According to the department, after the Covid-19 pandemic, this is the maximum number of climbers obtaining climbing permits this season.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The department so far has collected a royalties worth Rs 739.7 million by issuing mountain climbing permits. Out of that, Everest alone has contributed Rs 655.5 million. After this, the mountain with the highest revenue is Lhotse for generating Rs 28.3 million by issuing permits to 126 climbers. Similarly, 58 people have taken permission to climb Makalu, generating a revenue of Rs 13.6 million.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the latest data of the department, mountaineers from 80 countries have taken permission to climb the mountains this season. Among the climbers, 252 are female. According to the department, most of the climbers are Americans. The department informed that the number of American climbers is 163, Chinese climbers is 113 and Indian climbers is 90.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17514', 'image' => '20230507123550_1683423759.abhiyan daily (2).jpg', 'article_date' => '2023-05-07 12:35:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17779', 'article_category_id' => '1', 'title' => 'Postal Highway Achieves 70 Percent Completion Target', 'sub_title' => '', 'summary' => 'May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent. Out of 1,857 km of the highway, blacktopping of 957 km has been completed so far.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to the Directorate of Postal Highway Project, they project is being delayed especially because the road falls in forest areas. Besides, the delay in construction of bridges is also hampering the project. Apart from some sections of the highway, the construction in other places has been completed or is in the process of construction.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Project chief Chuda Raj Dhakal says that 211 km of roads have yet to be contracted. They are also yet to sign a contract to build the Sattari Bridge. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The construction of roads in forest areas of Chitwan, Nawalpur, Kapilvastu, Banke and Dang districts is yet to proceed due to lack of approval for constructing a road in forest area.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that since the layout of the road is close to the east-west highway in some sections, a decision has yet to be made whether to connect the Postal Highway to it or build it according to the layout. He said, "It is yet to be decided whether to make the Postal Highway of two lanes or to construct it in the forest area in Dang, Kapilvastu, Banke."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The progress in this fiscal year is 60 percent, according to the Directorate of Postal Highway Project. The officials said that the previously allocated amount will not be enough. Dhakal said that an additional amount of Rs 2 billion has been requested this year. He said, "When that money is received and the work is resumed, 95 percent progress will be made this year."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">He said that a total of 250 km of road was planned to be blacktopped, but now 200 km is about to be black topped. Apart from black topping, this year there is more work on other structures, so a plan has been made to reduce black topping. Eight bridges have been completed this year and seven are nearing completion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that from Shivgadi temple in Dang to Kapilvastu, Dang and some areas of Banke, there are forest areas without settlements. From Lamhi to West Park, all areas are covered with forests. He said, “There is also a possibility that a three and a half km tunnel can be built in Chure.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The Postal Highway was earlier termed as the Postal Bridge project. In the agreement made in the year 2065/66 BS, it was planned that Indian technicians and construction professionals would come and build bridges there. Due to various reasons, the work could not be done in that form. After the Indian side left and returned in the year 2073/74 BS, the government started the rest of the construction by forming the Postal Highway Project Directorate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">As part of the plan, 881 km long feeder road is being constructed. There was an agreement that 245 km of this would be constructed by the Government of India and the rest by the Government of Nepal. The Government of India has completed the construction and handed it over and the rest is being constructed by the Government of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The National Planning Commission has set a target to complete the Postal Highway project by the year 2079/80 BS. The Ministry of Physical Infrastructure and Transport has said that the deadline of the national pride should be increased even though it could not be constructed due to Covid-19 in the past years.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Postal Highway was started with the goal of realizing a prosperous Terai-Madhes. It is also the route connecting East Terai to West Terai. As nearly half of the country's population resides in the Madhes region, it is expected that people will have more access to infrastructures after the completion of the project. The government expects that the highway will open up new possibilities in the areas of trade and agriculture in that area. -- RSS</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17513', 'image' => '20230507114501_20230113105546_postal highway facebook.jpg', 'article_date' => '2023-05-07 11:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17778', 'article_category_id' => '1', 'title' => 'Three People Dead in Mugu Avalanche ', 'sub_title' => '', 'summary' => 'May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vice-Chairperson of Patarasi Rural Municipality Jana Maya Rokaya said that Tara Singh Sarki, 40, Purna Sarki, 36, and Bir Bohara, 36, of Talfigaun of Patarasi-2 died in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fourteen persons from Patarasi had gone to Chyarkhu to collect Yarshagumba, a prized herb found in the Himalayas. Of them, three passed away and nine others sustained minor injuries in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A team of police personnel has moved to the affected site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rokaya shared that the District Administration Office, Province Government and Federal Government have been requested for rescue operations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hundreds of people have travelled to the highlands in Mugu district to collect Yarshagumba although the local authorities have not allowed people to collect the herb before May 18. It is said that the three persons who died in the avalanche had gone to the highlands (locally known as Patan) by using informal routes. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17512', 'image' => '20230507110423_h_02750854(2).jpg', 'article_date' => '2023-05-07 11:03:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17777', 'article_category_id' => '1', 'title' => 'Budget Session of Federal Parliament Begins Today ', 'sub_title' => '', 'summary' => 'May 7: The budget session of the Federal Parliament is beginning today (May 7). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: The budget session of the Federal Parliament is beginning today (May 7). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Ram Chandra Paudel has summoned the budget session of parliament for 4 pm this afternoon according to Article 93 (1) of the Constitution of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government's policy and programmes and annual budget for the upcoming fiscal year would be tabled in this session of the House of Representatives (HoR). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In today's HoR meeting, Finance Minister Dr Prakash Sharan Mahat is scheduled to table a proposal on Principle and Priorities of Appropriation Bill for discussions. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17511', 'image' => '20230507104431_Budget.jpg', 'article_date' => '2023-05-07 10:43:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17776', 'article_category_id' => '1', 'title' => 'Super Dordi 'Kha' Hydropower Project Begins Commercial Production', 'sub_title' => '', 'summary' => 'Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.', 'content' => '<p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">May 7: Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, which is promoted by People’s Hydropower Company, has an installed capacity of 54 megawatts and is the largest hydropower project built on Dordikhola, according to the project's director, Arjun Gautam.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt"> It is also the fourth biggest hydropower project constructed with the private sector's participation in Nepal after Upper Tamakoshi of 456 megawatts, Solu Dudhkoshi of 86 megawatts, and Khimti Hydropower of 60 megawatts.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project began commercial production after its test production and has now connected the electricity commercially to the national grid, Gautam stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">As a result, the Nepal Electricity Authority Load Transmission Center's Chief, Suresh Bhattarai, reported that the NEA's total power generation capacity has increased to 2700 megawatts following the connection of 54 megawatts of power to the national grid on Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project was started in 2074 BS and was supposed to be completed in 2078 BS. However, the construction of the hydropower project was delayed by COVID-19, blockades, and floods in Dordikhola.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, constructed at Dordi Rural Municipality, aims to generate 314.983 gigawatts of power annually, including 53.03 gigawatts in the winter season. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project has an underground electricity system and signed a Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA) in 2071 BS.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17510', 'image' => '20230507060743_collage (1).jpg', 'article_date' => '2023-05-07 06:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17775', 'article_category_id' => '1', 'title' => '30 Tigers Found Dead at Chitwan National Park in the Last Seven Years', 'sub_title' => '', 'summary' => 'Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park. Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">May 7: Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The reasons for the deaths of the tigers were varied, with eight dying due to old age, eight from in-fighting, five during treatment, one from illness, and three from poison in their food. The causes of death for the remaining five tigers are still unknown.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The number of tiger deaths has been on the rise since the fiscal year 2072/73 BS. One tiger was found dead in that year, while the number rose to four in the following fiscal year, and continued to increase, reaching a peak of eight in 2075/76. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Three tigers were found dead in 2076/77, two in 2077/78, and six in 2078/79. However, no tigers have been found dead in the current fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Although the tiger population has been increasing at Chitwan National Park, the rise in the number of tigers has also led to an increase in wildlife in-fighting as they compete for food. As a result, tiger deaths have also gone up.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">According to data from CNP, as of mid-April this year, 96 wild animals have been found dead, while 96 wild animals have been rescued. </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17509', 'image' => '20230507055928_collage (3).jpg', 'article_date' => '2023-05-07 05:55:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17774', 'article_category_id' => '1', 'title' => 'Government Committed to Resolving Entrepreneurs’ Problems, Says Minister Rijal', 'sub_title' => '', 'summary' => 'Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Talking to the journalists in Chitwan, the Minister Rijal shared that the government is working on a range of programmes aimed at addressing the problems faced by entrepreneurs, including salvaging sick enterprises and industries. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal assured entrepreneurs and business persons that the government is thoughtful about the industries that are on the brink of shutdown due to liquidity crunch and high interest rates on lending. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Minister stated that the current economic problems have been exacerbated by the liquidity crisis brought on by the COVID-19 pandemic and the Russia-Ukraine conflict.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">To tackle the liquidity crunch, the government is currently in discussions with the governor of the Nepal Rasta Bank and working towards reducing the interest rates of banks, said the Minister. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In addition, Rijal said that the government is also considering a programme to encourage entrepreneurs to set up industries and enterprises by providing them with land. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal emphasized that the government will deal with issues that require legal solutions accordingly and will work in the best interest of entrepreneurs and businesses.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17508', 'image' => '20230505043352_collage (9).jpg', 'article_date' => '2023-05-05 16:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17773', 'article_category_id' => '1', 'title' => 'Simrik Air Helicopter Crashes in Sankhuwasabha District', 'sub_title' => 'Rescue efforts underway, three severely injured ', 'summary' => 'May 5: A helicopter belonging to Simrik Air has crashed in Sankhuwasabha district on Friday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: A helicopter belonging to Simrik Air crashed in Sankhuwasabha district on Friday morning. Three people onboard helicopter are said to have sustained severe injuries, according to the District Administration Office, Sankhuwasabha. </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"">According to assistant chief district officer in Sankhuwasabha, Mohanmani Ghimire, the helicopter met with the accident while landing at Siprung of Bhotkhola rural municipality in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts are underway and a Nepalese Army helicopter has been flown to the incident site, said administrative officer, Bhogendra Shrestha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Eleven Army personnel have been deployed along with its helicopter for rescue efforts, said Brigadier General Krishna Prasad Bhandari, the NA spokesperson. </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"">Out of the total five people onboard the ill-fated helicopter, three are said to be in serious condition, and two in normal situation, he said. </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 accident took place at Hammaredanda of Bhotkhola Rural Municipality-4 while landing. The helicopter was carrying materials for the Upper Arun hydropower project. </span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17507', 'image' => '20230505032545_311013142_472514398245266_6571021843698625046_n.jpg', 'article_date' => '2023-05-05 15:24:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17772', 'article_category_id' => '1', 'title' => 'Over 9000 Hikers get TIMS Card Online', 'sub_title' => '', 'summary' => 'May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.', '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"">May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.</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 provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></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"">A total of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,320 hikers have taken the TIMS card since April </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, during this period, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> trekking companies have adopted the TIMS card.</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 government has been charging Rs 2000 per person for TIMS card.</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"">TAAN President Neelhari Bastola said that TIMS card has been distributed online for the convenience of the tourists. </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"">"To make the trek safe, reliable and orderly, the government has arranged mandatory guides and TIMS card," he said. </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"">TAAN President Bastola said that more than a dozen hikers have gone missing every year while going on a hike alone, and added that guides are mandatory for the safety of tourists.</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 Unicode MS","sans-serif""> "</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">When a tourist goes on a trek alone and gets lost, it gives a message that Nepal is not a safe destination for trekking. It is important to get rid of it," says President Bastola. </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 TAAN, by making TIMS card and guides mandatory, tourists will be safe and the Nepalese tourist guides will get jobs, while companies will pay revenue to the state which will benefit everyone. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17506', 'image' => '20230505031427_1683182194.tourist.jpeg', 'article_date' => '2023-05-05 15:13:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17770', 'article_category_id' => '1', 'title' => 'More People Selling than Buying Gold during the Wedding Season', 'sub_title' => '', 'summary' => 'May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.</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 the Federation of Nepal Gold and Silver Dealers Association, the price of gold rose by Rs 1,200 per tola to Rs 111,800 on Thursday. Prior to this, the price of gold had reached the maximum limit of Rs 111,000 per tola on April 5.</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"">Gold and silver traders said that with the increase in the price of gold in the market, there are more customers selling gold than buying. They said that despite the wedding season, more people are selling gold than buying it.</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"">Rajan Adhikari, who works at New Road-based Riddhisiddhi Jewellers, said that with the increase in the price of gold, more customers have come to sell their gold. He said that there is no rush of customers to buy gold as before due to the economic recession and the rising price of gold.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“Now people have come to a situation where they are more focused on consuming basic items than buying gold. On top of that, the price of gold is constantly increasing. Due to the increase in prices, customers are opting to sell gold rather than buying it,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, it was difficult to meet the market demand due to the quota system. He said that the traders who used to sell gold up to 50 to 60 tolas a day in Magh and Falgun are now barely able to sell 10 tolas.</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"">Manik Ratna Shakya, former president of the Federation of Nepal Gold and Silver Dealers Association, said that since the price of gold has increased in the international market, it has also affected the Nepalese market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“In my opinion, it is likely to increase further. Although it is the wedding season now, there is no rush in the market like in the past,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that there is a daily demand of 35 to 40 kg of gold during the season. He added that when the government imposed a daily quota of 10 kg on gold, it was difficult to meet the demand during the season. But now, it is not even possible to sell the gold that has been bought.</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"">How much did the price increase in a year?</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last year, the price of gold increased by Rs 14,600 per tola. According to the Federation, the price of gold on this day last year was Rs 97,200 per tola. Since then, the price of gold has fluctuated a lot.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The price of gold declined to it lowest at Rs 91,300 on June 18 last year. Similarly, the price of gold has been continuously traded at more than Rs 100,000 per tola since December 18 last year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the price of silver has also increased by Rs 155 per tola in one year. The price of silver, which was Rs 1,290 per tola on May 4 last year, has reached Rs 1,445 per tola on Thursday.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17504', 'image' => '20230505122404_gold newwww.jpg', 'article_date' => '2023-05-05 12:23:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17769', 'article_category_id' => '1', 'title' => 'Cooperatives Investing against Policies Landing in Trouble', 'sub_title' => '', 'summary' => 'May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis. Due to the Covid-19 pandemic, the Russia-Ukraine war, the government's crackdown on real estate sales, as well as the tight monetary policy, the cooperatives have started to face a crisis as they are unable to return the savings of customers.</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 Cooperative Act 2074 prohibits cooperatives from investing in real estate and private companies. However, due to lack of effective monitoring, the directors of cooperative have been found investing the deposits in those sectors, rendering them unable to return the savings.</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"">On Monday, Sumeru Savings and Loan Cooperative Society issued a statement saying that due to the economic recession and lack of liquidity, the loan and interest recovery of the institution is very low, the real estate business is low and the deposit collection is almost nil, so the institution could not return the depositors’ money and pay the interest as per the rules.</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 organization has appealed to the depositors and shareholders to be patient for the time being as they are in the process of collecting the loans, selling the shares and land of the companies within the Sumeru Group and selling the houses in the name of the company as soon as possible in order to return the money. The cooperative admitted that most of the money has been invested in Sumeru Hospital, Sumeru Mart, Sumeru Printing Press, Asian College among others under the Sumeru Group.</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"">Similarly, Shiva Shikhar Multi-Purpose Cooperative Society at Kaushaltar in Bhaktapur, which has not been able to return the money to the depositors, has also been found to have invested the savings collected from its members in areas prohibited by the law. It has been found that Shiva Shikhar collected savings of Rs 10.5 billion from members and invested only Rs 1.90 billion in loans to members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The Department of Cooperatives said that the remaining Rs 8.6 billion were invested for opening sister companies in the name of Shikhar Organization. The organization opened department stores in different places of the country under the name of Shikhar Mart and also invested in real estate business.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Cooperatives such as Lalitpur-based Deurali multi-purpose, Meenbhavan-based Kantipur Saving and Credit, Lalitpur's Pashupati multi-purpose, Kathmandu's Gautam Shri have also mobilized large savings into real estate. Oriental Cooperative, which the government declared problematic, also collapsed by investing in real estate. The Civil Cooperative, which is undergoing a similar crisis, was also in trouble due to the investment in real estate.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In Section 50 of the Cooperative Act 2074, it is mentioned that cooperatives should deal with savings and loans by focusing on members. In sub-section 1 of section 50, there is a provision that cooperatives can only accept the savings of their members and give loans only to the members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tolraj Upadhyay, the spokesperson for the Department of Cooperatives, which is responsible for the implementation of the Act, argues that the department does not have enough manpower to regularly monitor the cooperatives.</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"">Meanwhile, the government has given the authority for registration of cooperative to their regulation to the local level and state governments. Because the state and local levels are unable to regulate the cooperatives, it has become even more chaotic.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17503', 'image' => '20230505122300_Cooperative.jpg', 'article_date' => '2023-05-05 12:22:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17768', 'article_category_id' => '1', 'title' => 'Government should be Sensitive to Avoid Economic Crisis: FNCCI', 'sub_title' => '', 'summary' => 'May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession. </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"">Issuing a statement, the FNCCI urged the government and Nepal Rastra Bank (NRB) to prevent the economic situation from turning more complicated.</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 National Statistics Office predicted that Nepal's economic growth (in terms of consumer prices) will be 1.86 percent this year. Along with this, the data shows that the economy has been negative in the last three quarters.</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 statement issued by FNCCI stated, “The latest figures reflect the long-standing recession in the market. The negative growth rate of the manufacturing industry, construction and trade sectors is a sign that the private sector is shrinking. For a year, FNCCI has been drawing the attention of the stakeholders to the recession of the economy due to the increased prices in the international market and policy changes within the country. The FNCCI would like to draw serious attention to the fact that there is pressure on the economy due to lack of initiative from the relevant agencies.”</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 FNCCI has emphasized on the need to increase the demand in the market to bring the economy out of recession. The umbrella body of private sector suggested that the government should reduce unnecessary expenses and increase capital expenditure in order to increase the demand in the market. </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"">Similarly, the federation suggested that NRB should to take initiatives to reduce the interest rate, mainly by reducing the policy rate, bank rate, mandatory cash ratio, etc, by adopting necessary measures.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the same way, as the borrowers are unable to pay the principal and interest, the bad loans of the banks have reached 4 percent, and the federation has demanded to facilitate the restructuring and rescheduling of the loans.</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 federation said that the purchasing power of the common consumers is gradually decreasing as inflation has been more than 7 percent for the past nine months. As the private sector is not able to work uninterruptedly, the government and the common consumers are also being affected.</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"">Therefore, the federation has drawn the attention to the fact that without immediate reforms, the recession of the economy will be prolonged.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17502', 'image' => '20230505113142_economic crisis.jpg', 'article_date' => '2023-05-05 11:30:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17767', 'article_category_id' => '1', 'title' => 'Hundreds of Climbers Awaiting for Favourable Weather to Scale Mt Everest ', 'sub_title' => '', 'summary' => 'May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday. As a result, climbers of several expedition teams have not been able start their ascent of the world’s highest peak this season. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The weather in the Everest region has been unfavourable for almost a week now. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Sherpas skilled on rope fixing known as icefall doctors are having hard times to reach atop Mt Everest, according to Imagine Nepal Trek and Expedition Company which has been assigned the task to fix the ropes from Camp 2. The company said that the icefall doctors have fixed ropes only upto the South Col (Camp 4) of Mt Everest so far. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Expedition begins only after the icefall doctors fix the rope upto the peak. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Imagine Nepal's Executive Director Dawa Gyalgen Sherpa told the state-owned RSS that the rope-fixing job was cancelled on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">More than 400 climbers including Nepalis and foreigners are waiting for a clear weather to scale the world's highest mountain. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Department of Tourism, a total of 466 climbers from 43 groups have obtained permits to climb Everest. Among them 98 are female and remaining 368 are male, said the department. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to government officials, the permits issued this year is the highest in the last seven decades since humans first stepped on the peak of Everest on May 29, 1953. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department of Tourism has opened a liaison office to monitor and facilitate the Everst expedition. The liaison office under the convenership of Khimlal Gautam includes the officials from the Tourism Ministry, security personnel from the Nepalese Army, Nepal Police, Himalaya Rescue Association and local representatives. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17501', 'image' => '20230505101815_everesttttt.jpg', 'article_date' => '2023-05-05 10:17:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17766', 'article_category_id' => '1', 'title' => 'SC Orders to Test Level of Pesticides on Vegetables, Fruits at Customs Points ', 'sub_title' => '', 'summary' => 'May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A division bench of justices Shushmalata Mathema and Nahakul Subedi issued such an order along with a four-point directive on this issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the SC has directed concerned government bodies to test the level of pesticides on all imported vegetables and fruits at the customs points by establishing laboratories. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The SC has further ordered the government to equip such labs with international-level equipment and skilled human resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the SC has sought details of the government's preparations on effective implementation of national and international laws and standards in regard to regulate the usage of pesticides. The SC has asked the stakeholders to submit the details to the SC on implementation part of the plans and standards made in the past four years following the SC's order in July 2019. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17500', 'image' => '20230505094606_20230504105003_20220829014335_p02-120209-78.jpg', 'article_date' => '2023-05-05 09:45:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17765', 'article_category_id' => '1', 'title' => 'Buddha Jayanti being Observed Today ', 'sub_title' => '', 'summary' => 'May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, regarded as the ninth incarnation of Lord Bishnu, was born on the full moon day in the Nepali month of Baisakh as per the lunar calendar. Coincidentally, the day Buddha was born, attained wisdom and Mahaparinirvan (passing away) fall on the same day. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Buddhist communities in the world including Nepal observe this day with much reverence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The birth anniversary of Buddha, the apostle of non-violence and peace, is being observed with spiritual leaders and gurus at monasteries. The government has appealed to all people to observe the Buddha Jayanti with illumination at homes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Grand programmes are being held at Lumbini, Swayambhu, and Bauddha on Buddha Jayanti. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, who born in the royal family of King Suddhodhan and Queen Mayadevi, left his palace at the age of 29 for penance. He attained enlightenment at the age of 36 and went on teaching non-violence until he was 80. Buddha is also regarded as the 'Light of Asia'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddhist philosophy is taught in internationally-acclaimed universities like Oxford, Cambridge and Harvard. There are also MA level programmes on Buddhist philosophy at Tribhuvan University, Nepal Sanskrit University, Lumbini Bauddha University in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The teaching and sermons given by Lord Buddha during his lifetime of 80 years are documented in 'binaya', 'sutta', 'abhidhamma' and 'tripitak'. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17499', 'image' => '20230505102536_1683260858.jpg', 'article_date' => '2023-05-05 09:43:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '17780', 'article_category_id' => '1', 'title' => '466 at Everest Base Camp for Expedition', 'sub_title' => '', 'summary' => 'May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest. The climbers who are currently practicing for mountain climbing will leave the base camp for the summit of Mount Everest after one week.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the Department of Tourism, if the weather is not unfavorable, the climbers will start climbing after eight days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Yuvraj Khatiwada, director of the mountaineering branch of the department, said that the department has intensified the work of appointing liaison officers and facilitations for the climbers. According to him, the number of climbers who have reached the base camp of Everest currently is 466, Lhotse is 110 and Nuptse is 70.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that if the weather is favorable, the routes to the camps above the base camp will be fixed from Sunday and Monday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “The liaison officers are already at the base camp. This time, it will be more convenient as the liaison office of the monitoring committee is established at the base camp of Mount Everest,” said Khatiwada.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the government started issuing permits for this season, 1,079 people received permits to climb various mountains and peaks including Everest.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A certain time is fixed for climbing depending on the mountain and height. There is a provision that climbing Everest must be completed within 75 days after receiving the permit. The department so far has issued permits for climbing 24 mountains and peaks. The mountains and peaks for which permits are issued are above 6,000 meters. According to the department, after the Covid-19 pandemic, this is the maximum number of climbers obtaining climbing permits this season.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The department so far has collected a royalties worth Rs 739.7 million by issuing mountain climbing permits. Out of that, Everest alone has contributed Rs 655.5 million. After this, the mountain with the highest revenue is Lhotse for generating Rs 28.3 million by issuing permits to 126 climbers. Similarly, 58 people have taken permission to climb Makalu, generating a revenue of Rs 13.6 million.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the latest data of the department, mountaineers from 80 countries have taken permission to climb the mountains this season. Among the climbers, 252 are female. According to the department, most of the climbers are Americans. The department informed that the number of American climbers is 163, Chinese climbers is 113 and Indian climbers is 90.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17514', 'image' => '20230507123550_1683423759.abhiyan daily (2).jpg', 'article_date' => '2023-05-07 12:35:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17779', 'article_category_id' => '1', 'title' => 'Postal Highway Achieves 70 Percent Completion Target', 'sub_title' => '', 'summary' => 'May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent. Out of 1,857 km of the highway, blacktopping of 957 km has been completed so far.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to the Directorate of Postal Highway Project, they project is being delayed especially because the road falls in forest areas. Besides, the delay in construction of bridges is also hampering the project. Apart from some sections of the highway, the construction in other places has been completed or is in the process of construction.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Project chief Chuda Raj Dhakal says that 211 km of roads have yet to be contracted. They are also yet to sign a contract to build the Sattari Bridge. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The construction of roads in forest areas of Chitwan, Nawalpur, Kapilvastu, Banke and Dang districts is yet to proceed due to lack of approval for constructing a road in forest area.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that since the layout of the road is close to the east-west highway in some sections, a decision has yet to be made whether to connect the Postal Highway to it or build it according to the layout. He said, "It is yet to be decided whether to make the Postal Highway of two lanes or to construct it in the forest area in Dang, Kapilvastu, Banke."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The progress in this fiscal year is 60 percent, according to the Directorate of Postal Highway Project. The officials said that the previously allocated amount will not be enough. Dhakal said that an additional amount of Rs 2 billion has been requested this year. He said, "When that money is received and the work is resumed, 95 percent progress will be made this year."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">He said that a total of 250 km of road was planned to be blacktopped, but now 200 km is about to be black topped. Apart from black topping, this year there is more work on other structures, so a plan has been made to reduce black topping. Eight bridges have been completed this year and seven are nearing completion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that from Shivgadi temple in Dang to Kapilvastu, Dang and some areas of Banke, there are forest areas without settlements. From Lamhi to West Park, all areas are covered with forests. He said, “There is also a possibility that a three and a half km tunnel can be built in Chure.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The Postal Highway was earlier termed as the Postal Bridge project. In the agreement made in the year 2065/66 BS, it was planned that Indian technicians and construction professionals would come and build bridges there. Due to various reasons, the work could not be done in that form. After the Indian side left and returned in the year 2073/74 BS, the government started the rest of the construction by forming the Postal Highway Project Directorate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">As part of the plan, 881 km long feeder road is being constructed. There was an agreement that 245 km of this would be constructed by the Government of India and the rest by the Government of Nepal. The Government of India has completed the construction and handed it over and the rest is being constructed by the Government of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The National Planning Commission has set a target to complete the Postal Highway project by the year 2079/80 BS. The Ministry of Physical Infrastructure and Transport has said that the deadline of the national pride should be increased even though it could not be constructed due to Covid-19 in the past years.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Postal Highway was started with the goal of realizing a prosperous Terai-Madhes. It is also the route connecting East Terai to West Terai. As nearly half of the country's population resides in the Madhes region, it is expected that people will have more access to infrastructures after the completion of the project. The government expects that the highway will open up new possibilities in the areas of trade and agriculture in that area. -- RSS</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17513', 'image' => '20230507114501_20230113105546_postal highway facebook.jpg', 'article_date' => '2023-05-07 11:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17778', 'article_category_id' => '1', 'title' => 'Three People Dead in Mugu Avalanche ', 'sub_title' => '', 'summary' => 'May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vice-Chairperson of Patarasi Rural Municipality Jana Maya Rokaya said that Tara Singh Sarki, 40, Purna Sarki, 36, and Bir Bohara, 36, of Talfigaun of Patarasi-2 died in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fourteen persons from Patarasi had gone to Chyarkhu to collect Yarshagumba, a prized herb found in the Himalayas. Of them, three passed away and nine others sustained minor injuries in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A team of police personnel has moved to the affected site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rokaya shared that the District Administration Office, Province Government and Federal Government have been requested for rescue operations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hundreds of people have travelled to the highlands in Mugu district to collect Yarshagumba although the local authorities have not allowed people to collect the herb before May 18. It is said that the three persons who died in the avalanche had gone to the highlands (locally known as Patan) by using informal routes. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17512', 'image' => '20230507110423_h_02750854(2).jpg', 'article_date' => '2023-05-07 11:03:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17777', 'article_category_id' => '1', 'title' => 'Budget Session of Federal Parliament Begins Today ', 'sub_title' => '', 'summary' => 'May 7: The budget session of the Federal Parliament is beginning today (May 7). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: The budget session of the Federal Parliament is beginning today (May 7). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Ram Chandra Paudel has summoned the budget session of parliament for 4 pm this afternoon according to Article 93 (1) of the Constitution of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government's policy and programmes and annual budget for the upcoming fiscal year would be tabled in this session of the House of Representatives (HoR). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In today's HoR meeting, Finance Minister Dr Prakash Sharan Mahat is scheduled to table a proposal on Principle and Priorities of Appropriation Bill for discussions. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17511', 'image' => '20230507104431_Budget.jpg', 'article_date' => '2023-05-07 10:43:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17776', 'article_category_id' => '1', 'title' => 'Super Dordi 'Kha' Hydropower Project Begins Commercial Production', 'sub_title' => '', 'summary' => 'Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.', 'content' => '<p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">May 7: Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, which is promoted by People’s Hydropower Company, has an installed capacity of 54 megawatts and is the largest hydropower project built on Dordikhola, according to the project's director, Arjun Gautam.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt"> It is also the fourth biggest hydropower project constructed with the private sector's participation in Nepal after Upper Tamakoshi of 456 megawatts, Solu Dudhkoshi of 86 megawatts, and Khimti Hydropower of 60 megawatts.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project began commercial production after its test production and has now connected the electricity commercially to the national grid, Gautam stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">As a result, the Nepal Electricity Authority Load Transmission Center's Chief, Suresh Bhattarai, reported that the NEA's total power generation capacity has increased to 2700 megawatts following the connection of 54 megawatts of power to the national grid on Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project was started in 2074 BS and was supposed to be completed in 2078 BS. However, the construction of the hydropower project was delayed by COVID-19, blockades, and floods in Dordikhola.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, constructed at Dordi Rural Municipality, aims to generate 314.983 gigawatts of power annually, including 53.03 gigawatts in the winter season. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project has an underground electricity system and signed a Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA) in 2071 BS.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17510', 'image' => '20230507060743_collage (1).jpg', 'article_date' => '2023-05-07 06:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17775', 'article_category_id' => '1', 'title' => '30 Tigers Found Dead at Chitwan National Park in the Last Seven Years', 'sub_title' => '', 'summary' => 'Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park. Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">May 7: Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The reasons for the deaths of the tigers were varied, with eight dying due to old age, eight from in-fighting, five during treatment, one from illness, and three from poison in their food. The causes of death for the remaining five tigers are still unknown.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The number of tiger deaths has been on the rise since the fiscal year 2072/73 BS. One tiger was found dead in that year, while the number rose to four in the following fiscal year, and continued to increase, reaching a peak of eight in 2075/76. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Three tigers were found dead in 2076/77, two in 2077/78, and six in 2078/79. However, no tigers have been found dead in the current fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Although the tiger population has been increasing at Chitwan National Park, the rise in the number of tigers has also led to an increase in wildlife in-fighting as they compete for food. As a result, tiger deaths have also gone up.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">According to data from CNP, as of mid-April this year, 96 wild animals have been found dead, while 96 wild animals have been rescued. </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17509', 'image' => '20230507055928_collage (3).jpg', 'article_date' => '2023-05-07 05:55:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17774', 'article_category_id' => '1', 'title' => 'Government Committed to Resolving Entrepreneurs’ Problems, Says Minister Rijal', 'sub_title' => '', 'summary' => 'Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Talking to the journalists in Chitwan, the Minister Rijal shared that the government is working on a range of programmes aimed at addressing the problems faced by entrepreneurs, including salvaging sick enterprises and industries. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal assured entrepreneurs and business persons that the government is thoughtful about the industries that are on the brink of shutdown due to liquidity crunch and high interest rates on lending. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Minister stated that the current economic problems have been exacerbated by the liquidity crisis brought on by the COVID-19 pandemic and the Russia-Ukraine conflict.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">To tackle the liquidity crunch, the government is currently in discussions with the governor of the Nepal Rasta Bank and working towards reducing the interest rates of banks, said the Minister. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In addition, Rijal said that the government is also considering a programme to encourage entrepreneurs to set up industries and enterprises by providing them with land. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal emphasized that the government will deal with issues that require legal solutions accordingly and will work in the best interest of entrepreneurs and businesses.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17508', 'image' => '20230505043352_collage (9).jpg', 'article_date' => '2023-05-05 16:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17773', 'article_category_id' => '1', 'title' => 'Simrik Air Helicopter Crashes in Sankhuwasabha District', 'sub_title' => 'Rescue efforts underway, three severely injured ', 'summary' => 'May 5: A helicopter belonging to Simrik Air has crashed in Sankhuwasabha district on Friday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: A helicopter belonging to Simrik Air crashed in Sankhuwasabha district on Friday morning. Three people onboard helicopter are said to have sustained severe injuries, according to the District Administration Office, Sankhuwasabha. </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"">According to assistant chief district officer in Sankhuwasabha, Mohanmani Ghimire, the helicopter met with the accident while landing at Siprung of Bhotkhola rural municipality in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts are underway and a Nepalese Army helicopter has been flown to the incident site, said administrative officer, Bhogendra Shrestha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Eleven Army personnel have been deployed along with its helicopter for rescue efforts, said Brigadier General Krishna Prasad Bhandari, the NA spokesperson. </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"">Out of the total five people onboard the ill-fated helicopter, three are said to be in serious condition, and two in normal situation, he said. </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 accident took place at Hammaredanda of Bhotkhola Rural Municipality-4 while landing. The helicopter was carrying materials for the Upper Arun hydropower project. </span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17507', 'image' => '20230505032545_311013142_472514398245266_6571021843698625046_n.jpg', 'article_date' => '2023-05-05 15:24:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17772', 'article_category_id' => '1', 'title' => 'Over 9000 Hikers get TIMS Card Online', 'sub_title' => '', 'summary' => 'May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.', '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"">May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.</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 provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></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"">A total of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,320 hikers have taken the TIMS card since April </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, during this period, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> trekking companies have adopted the TIMS card.</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 government has been charging Rs 2000 per person for TIMS card.</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"">TAAN President Neelhari Bastola said that TIMS card has been distributed online for the convenience of the tourists. </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"">"To make the trek safe, reliable and orderly, the government has arranged mandatory guides and TIMS card," he said. </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"">TAAN President Bastola said that more than a dozen hikers have gone missing every year while going on a hike alone, and added that guides are mandatory for the safety of tourists.</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 Unicode MS","sans-serif""> "</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">When a tourist goes on a trek alone and gets lost, it gives a message that Nepal is not a safe destination for trekking. It is important to get rid of it," says President Bastola. </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 TAAN, by making TIMS card and guides mandatory, tourists will be safe and the Nepalese tourist guides will get jobs, while companies will pay revenue to the state which will benefit everyone. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17506', 'image' => '20230505031427_1683182194.tourist.jpeg', 'article_date' => '2023-05-05 15:13:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17770', 'article_category_id' => '1', 'title' => 'More People Selling than Buying Gold during the Wedding Season', 'sub_title' => '', 'summary' => 'May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.</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 the Federation of Nepal Gold and Silver Dealers Association, the price of gold rose by Rs 1,200 per tola to Rs 111,800 on Thursday. Prior to this, the price of gold had reached the maximum limit of Rs 111,000 per tola on April 5.</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"">Gold and silver traders said that with the increase in the price of gold in the market, there are more customers selling gold than buying. They said that despite the wedding season, more people are selling gold than buying it.</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"">Rajan Adhikari, who works at New Road-based Riddhisiddhi Jewellers, said that with the increase in the price of gold, more customers have come to sell their gold. He said that there is no rush of customers to buy gold as before due to the economic recession and the rising price of gold.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“Now people have come to a situation where they are more focused on consuming basic items than buying gold. On top of that, the price of gold is constantly increasing. Due to the increase in prices, customers are opting to sell gold rather than buying it,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, it was difficult to meet the market demand due to the quota system. He said that the traders who used to sell gold up to 50 to 60 tolas a day in Magh and Falgun are now barely able to sell 10 tolas.</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"">Manik Ratna Shakya, former president of the Federation of Nepal Gold and Silver Dealers Association, said that since the price of gold has increased in the international market, it has also affected the Nepalese market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“In my opinion, it is likely to increase further. Although it is the wedding season now, there is no rush in the market like in the past,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that there is a daily demand of 35 to 40 kg of gold during the season. He added that when the government imposed a daily quota of 10 kg on gold, it was difficult to meet the demand during the season. But now, it is not even possible to sell the gold that has been bought.</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"">How much did the price increase in a year?</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last year, the price of gold increased by Rs 14,600 per tola. According to the Federation, the price of gold on this day last year was Rs 97,200 per tola. Since then, the price of gold has fluctuated a lot.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The price of gold declined to it lowest at Rs 91,300 on June 18 last year. Similarly, the price of gold has been continuously traded at more than Rs 100,000 per tola since December 18 last year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the price of silver has also increased by Rs 155 per tola in one year. The price of silver, which was Rs 1,290 per tola on May 4 last year, has reached Rs 1,445 per tola on Thursday.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17504', 'image' => '20230505122404_gold newwww.jpg', 'article_date' => '2023-05-05 12:23:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17769', 'article_category_id' => '1', 'title' => 'Cooperatives Investing against Policies Landing in Trouble', 'sub_title' => '', 'summary' => 'May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis. Due to the Covid-19 pandemic, the Russia-Ukraine war, the government's crackdown on real estate sales, as well as the tight monetary policy, the cooperatives have started to face a crisis as they are unable to return the savings of customers.</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 Cooperative Act 2074 prohibits cooperatives from investing in real estate and private companies. However, due to lack of effective monitoring, the directors of cooperative have been found investing the deposits in those sectors, rendering them unable to return the savings.</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"">On Monday, Sumeru Savings and Loan Cooperative Society issued a statement saying that due to the economic recession and lack of liquidity, the loan and interest recovery of the institution is very low, the real estate business is low and the deposit collection is almost nil, so the institution could not return the depositors’ money and pay the interest as per the rules.</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 organization has appealed to the depositors and shareholders to be patient for the time being as they are in the process of collecting the loans, selling the shares and land of the companies within the Sumeru Group and selling the houses in the name of the company as soon as possible in order to return the money. The cooperative admitted that most of the money has been invested in Sumeru Hospital, Sumeru Mart, Sumeru Printing Press, Asian College among others under the Sumeru Group.</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"">Similarly, Shiva Shikhar Multi-Purpose Cooperative Society at Kaushaltar in Bhaktapur, which has not been able to return the money to the depositors, has also been found to have invested the savings collected from its members in areas prohibited by the law. It has been found that Shiva Shikhar collected savings of Rs 10.5 billion from members and invested only Rs 1.90 billion in loans to members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The Department of Cooperatives said that the remaining Rs 8.6 billion were invested for opening sister companies in the name of Shikhar Organization. The organization opened department stores in different places of the country under the name of Shikhar Mart and also invested in real estate business.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Cooperatives such as Lalitpur-based Deurali multi-purpose, Meenbhavan-based Kantipur Saving and Credit, Lalitpur's Pashupati multi-purpose, Kathmandu's Gautam Shri have also mobilized large savings into real estate. Oriental Cooperative, which the government declared problematic, also collapsed by investing in real estate. The Civil Cooperative, which is undergoing a similar crisis, was also in trouble due to the investment in real estate.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In Section 50 of the Cooperative Act 2074, it is mentioned that cooperatives should deal with savings and loans by focusing on members. In sub-section 1 of section 50, there is a provision that cooperatives can only accept the savings of their members and give loans only to the members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tolraj Upadhyay, the spokesperson for the Department of Cooperatives, which is responsible for the implementation of the Act, argues that the department does not have enough manpower to regularly monitor the cooperatives.</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"">Meanwhile, the government has given the authority for registration of cooperative to their regulation to the local level and state governments. Because the state and local levels are unable to regulate the cooperatives, it has become even more chaotic.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17503', 'image' => '20230505122300_Cooperative.jpg', 'article_date' => '2023-05-05 12:22:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17768', 'article_category_id' => '1', 'title' => 'Government should be Sensitive to Avoid Economic Crisis: FNCCI', 'sub_title' => '', 'summary' => 'May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession. </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"">Issuing a statement, the FNCCI urged the government and Nepal Rastra Bank (NRB) to prevent the economic situation from turning more complicated.</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 National Statistics Office predicted that Nepal's economic growth (in terms of consumer prices) will be 1.86 percent this year. Along with this, the data shows that the economy has been negative in the last three quarters.</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 statement issued by FNCCI stated, “The latest figures reflect the long-standing recession in the market. The negative growth rate of the manufacturing industry, construction and trade sectors is a sign that the private sector is shrinking. For a year, FNCCI has been drawing the attention of the stakeholders to the recession of the economy due to the increased prices in the international market and policy changes within the country. The FNCCI would like to draw serious attention to the fact that there is pressure on the economy due to lack of initiative from the relevant agencies.”</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 FNCCI has emphasized on the need to increase the demand in the market to bring the economy out of recession. The umbrella body of private sector suggested that the government should reduce unnecessary expenses and increase capital expenditure in order to increase the demand in the market. </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"">Similarly, the federation suggested that NRB should to take initiatives to reduce the interest rate, mainly by reducing the policy rate, bank rate, mandatory cash ratio, etc, by adopting necessary measures.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the same way, as the borrowers are unable to pay the principal and interest, the bad loans of the banks have reached 4 percent, and the federation has demanded to facilitate the restructuring and rescheduling of the loans.</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 federation said that the purchasing power of the common consumers is gradually decreasing as inflation has been more than 7 percent for the past nine months. As the private sector is not able to work uninterruptedly, the government and the common consumers are also being affected.</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"">Therefore, the federation has drawn the attention to the fact that without immediate reforms, the recession of the economy will be prolonged.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17502', 'image' => '20230505113142_economic crisis.jpg', 'article_date' => '2023-05-05 11:30:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17767', 'article_category_id' => '1', 'title' => 'Hundreds of Climbers Awaiting for Favourable Weather to Scale Mt Everest ', 'sub_title' => '', 'summary' => 'May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday. As a result, climbers of several expedition teams have not been able start their ascent of the world’s highest peak this season. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The weather in the Everest region has been unfavourable for almost a week now. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Sherpas skilled on rope fixing known as icefall doctors are having hard times to reach atop Mt Everest, according to Imagine Nepal Trek and Expedition Company which has been assigned the task to fix the ropes from Camp 2. The company said that the icefall doctors have fixed ropes only upto the South Col (Camp 4) of Mt Everest so far. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Expedition begins only after the icefall doctors fix the rope upto the peak. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Imagine Nepal's Executive Director Dawa Gyalgen Sherpa told the state-owned RSS that the rope-fixing job was cancelled on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">More than 400 climbers including Nepalis and foreigners are waiting for a clear weather to scale the world's highest mountain. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Department of Tourism, a total of 466 climbers from 43 groups have obtained permits to climb Everest. Among them 98 are female and remaining 368 are male, said the department. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to government officials, the permits issued this year is the highest in the last seven decades since humans first stepped on the peak of Everest on May 29, 1953. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department of Tourism has opened a liaison office to monitor and facilitate the Everst expedition. The liaison office under the convenership of Khimlal Gautam includes the officials from the Tourism Ministry, security personnel from the Nepalese Army, Nepal Police, Himalaya Rescue Association and local representatives. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17501', 'image' => '20230505101815_everesttttt.jpg', 'article_date' => '2023-05-05 10:17:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17766', 'article_category_id' => '1', 'title' => 'SC Orders to Test Level of Pesticides on Vegetables, Fruits at Customs Points ', 'sub_title' => '', 'summary' => 'May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A division bench of justices Shushmalata Mathema and Nahakul Subedi issued such an order along with a four-point directive on this issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the SC has directed concerned government bodies to test the level of pesticides on all imported vegetables and fruits at the customs points by establishing laboratories. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The SC has further ordered the government to equip such labs with international-level equipment and skilled human resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the SC has sought details of the government's preparations on effective implementation of national and international laws and standards in regard to regulate the usage of pesticides. The SC has asked the stakeholders to submit the details to the SC on implementation part of the plans and standards made in the past four years following the SC's order in July 2019. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17500', 'image' => '20230505094606_20230504105003_20220829014335_p02-120209-78.jpg', 'article_date' => '2023-05-05 09:45:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17765', 'article_category_id' => '1', 'title' => 'Buddha Jayanti being Observed Today ', 'sub_title' => '', 'summary' => 'May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, regarded as the ninth incarnation of Lord Bishnu, was born on the full moon day in the Nepali month of Baisakh as per the lunar calendar. Coincidentally, the day Buddha was born, attained wisdom and Mahaparinirvan (passing away) fall on the same day. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Buddhist communities in the world including Nepal observe this day with much reverence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The birth anniversary of Buddha, the apostle of non-violence and peace, is being observed with spiritual leaders and gurus at monasteries. The government has appealed to all people to observe the Buddha Jayanti with illumination at homes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Grand programmes are being held at Lumbini, Swayambhu, and Bauddha on Buddha Jayanti. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, who born in the royal family of King Suddhodhan and Queen Mayadevi, left his palace at the age of 29 for penance. He attained enlightenment at the age of 36 and went on teaching non-violence until he was 80. Buddha is also regarded as the 'Light of Asia'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddhist philosophy is taught in internationally-acclaimed universities like Oxford, Cambridge and Harvard. There are also MA level programmes on Buddhist philosophy at Tribhuvan University, Nepal Sanskrit University, Lumbini Bauddha University in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The teaching and sermons given by Lord Buddha during his lifetime of 80 years are documented in 'binaya', 'sutta', 'abhidhamma' and 'tripitak'. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17499', 'image' => '20230505102536_1683260858.jpg', 'article_date' => '2023-05-05 09:43:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, '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' => '17780', 'article_category_id' => '1', 'title' => '466 at Everest Base Camp for Expedition', 'sub_title' => '', 'summary' => 'May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest. The climbers who are currently practicing for mountain climbing will leave the base camp for the summit of Mount Everest after one week.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the Department of Tourism, if the weather is not unfavorable, the climbers will start climbing after eight days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Yuvraj Khatiwada, director of the mountaineering branch of the department, said that the department has intensified the work of appointing liaison officers and facilitations for the climbers. According to him, the number of climbers who have reached the base camp of Everest currently is 466, Lhotse is 110 and Nuptse is 70.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that if the weather is favorable, the routes to the camps above the base camp will be fixed from Sunday and Monday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “The liaison officers are already at the base camp. This time, it will be more convenient as the liaison office of the monitoring committee is established at the base camp of Mount Everest,” said Khatiwada.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the government started issuing permits for this season, 1,079 people received permits to climb various mountains and peaks including Everest.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A certain time is fixed for climbing depending on the mountain and height. There is a provision that climbing Everest must be completed within 75 days after receiving the permit. The department so far has issued permits for climbing 24 mountains and peaks. The mountains and peaks for which permits are issued are above 6,000 meters. According to the department, after the Covid-19 pandemic, this is the maximum number of climbers obtaining climbing permits this season.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The department so far has collected a royalties worth Rs 739.7 million by issuing mountain climbing permits. Out of that, Everest alone has contributed Rs 655.5 million. After this, the mountain with the highest revenue is Lhotse for generating Rs 28.3 million by issuing permits to 126 climbers. Similarly, 58 people have taken permission to climb Makalu, generating a revenue of Rs 13.6 million.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the latest data of the department, mountaineers from 80 countries have taken permission to climb the mountains this season. Among the climbers, 252 are female. According to the department, most of the climbers are Americans. The department informed that the number of American climbers is 163, Chinese climbers is 113 and Indian climbers is 90.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17514', 'image' => '20230507123550_1683423759.abhiyan daily (2).jpg', 'article_date' => '2023-05-07 12:35:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17779', 'article_category_id' => '1', 'title' => 'Postal Highway Achieves 70 Percent Completion Target', 'sub_title' => '', 'summary' => 'May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent. Out of 1,857 km of the highway, blacktopping of 957 km has been completed so far.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to the Directorate of Postal Highway Project, they project is being delayed especially because the road falls in forest areas. Besides, the delay in construction of bridges is also hampering the project. Apart from some sections of the highway, the construction in other places has been completed or is in the process of construction.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Project chief Chuda Raj Dhakal says that 211 km of roads have yet to be contracted. They are also yet to sign a contract to build the Sattari Bridge. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The construction of roads in forest areas of Chitwan, Nawalpur, Kapilvastu, Banke and Dang districts is yet to proceed due to lack of approval for constructing a road in forest area.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that since the layout of the road is close to the east-west highway in some sections, a decision has yet to be made whether to connect the Postal Highway to it or build it according to the layout. He said, "It is yet to be decided whether to make the Postal Highway of two lanes or to construct it in the forest area in Dang, Kapilvastu, Banke."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The progress in this fiscal year is 60 percent, according to the Directorate of Postal Highway Project. The officials said that the previously allocated amount will not be enough. Dhakal said that an additional amount of Rs 2 billion has been requested this year. He said, "When that money is received and the work is resumed, 95 percent progress will be made this year."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">He said that a total of 250 km of road was planned to be blacktopped, but now 200 km is about to be black topped. Apart from black topping, this year there is more work on other structures, so a plan has been made to reduce black topping. Eight bridges have been completed this year and seven are nearing completion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that from Shivgadi temple in Dang to Kapilvastu, Dang and some areas of Banke, there are forest areas without settlements. From Lamhi to West Park, all areas are covered with forests. He said, “There is also a possibility that a three and a half km tunnel can be built in Chure.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The Postal Highway was earlier termed as the Postal Bridge project. In the agreement made in the year 2065/66 BS, it was planned that Indian technicians and construction professionals would come and build bridges there. Due to various reasons, the work could not be done in that form. After the Indian side left and returned in the year 2073/74 BS, the government started the rest of the construction by forming the Postal Highway Project Directorate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">As part of the plan, 881 km long feeder road is being constructed. There was an agreement that 245 km of this would be constructed by the Government of India and the rest by the Government of Nepal. The Government of India has completed the construction and handed it over and the rest is being constructed by the Government of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The National Planning Commission has set a target to complete the Postal Highway project by the year 2079/80 BS. The Ministry of Physical Infrastructure and Transport has said that the deadline of the national pride should be increased even though it could not be constructed due to Covid-19 in the past years.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Postal Highway was started with the goal of realizing a prosperous Terai-Madhes. It is also the route connecting East Terai to West Terai. As nearly half of the country's population resides in the Madhes region, it is expected that people will have more access to infrastructures after the completion of the project. The government expects that the highway will open up new possibilities in the areas of trade and agriculture in that area. -- RSS</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17513', 'image' => '20230507114501_20230113105546_postal highway facebook.jpg', 'article_date' => '2023-05-07 11:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17778', 'article_category_id' => '1', 'title' => 'Three People Dead in Mugu Avalanche ', 'sub_title' => '', 'summary' => 'May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vice-Chairperson of Patarasi Rural Municipality Jana Maya Rokaya said that Tara Singh Sarki, 40, Purna Sarki, 36, and Bir Bohara, 36, of Talfigaun of Patarasi-2 died in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fourteen persons from Patarasi had gone to Chyarkhu to collect Yarshagumba, a prized herb found in the Himalayas. Of them, three passed away and nine others sustained minor injuries in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A team of police personnel has moved to the affected site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rokaya shared that the District Administration Office, Province Government and Federal Government have been requested for rescue operations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hundreds of people have travelled to the highlands in Mugu district to collect Yarshagumba although the local authorities have not allowed people to collect the herb before May 18. It is said that the three persons who died in the avalanche had gone to the highlands (locally known as Patan) by using informal routes. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17512', 'image' => '20230507110423_h_02750854(2).jpg', 'article_date' => '2023-05-07 11:03:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17777', 'article_category_id' => '1', 'title' => 'Budget Session of Federal Parliament Begins Today ', 'sub_title' => '', 'summary' => 'May 7: The budget session of the Federal Parliament is beginning today (May 7). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: The budget session of the Federal Parliament is beginning today (May 7). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Ram Chandra Paudel has summoned the budget session of parliament for 4 pm this afternoon according to Article 93 (1) of the Constitution of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government's policy and programmes and annual budget for the upcoming fiscal year would be tabled in this session of the House of Representatives (HoR). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In today's HoR meeting, Finance Minister Dr Prakash Sharan Mahat is scheduled to table a proposal on Principle and Priorities of Appropriation Bill for discussions. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17511', 'image' => '20230507104431_Budget.jpg', 'article_date' => '2023-05-07 10:43:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17776', 'article_category_id' => '1', 'title' => 'Super Dordi 'Kha' Hydropower Project Begins Commercial Production', 'sub_title' => '', 'summary' => 'Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.', 'content' => '<p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">May 7: Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, which is promoted by People’s Hydropower Company, has an installed capacity of 54 megawatts and is the largest hydropower project built on Dordikhola, according to the project's director, Arjun Gautam.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt"> It is also the fourth biggest hydropower project constructed with the private sector's participation in Nepal after Upper Tamakoshi of 456 megawatts, Solu Dudhkoshi of 86 megawatts, and Khimti Hydropower of 60 megawatts.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project began commercial production after its test production and has now connected the electricity commercially to the national grid, Gautam stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">As a result, the Nepal Electricity Authority Load Transmission Center's Chief, Suresh Bhattarai, reported that the NEA's total power generation capacity has increased to 2700 megawatts following the connection of 54 megawatts of power to the national grid on Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project was started in 2074 BS and was supposed to be completed in 2078 BS. However, the construction of the hydropower project was delayed by COVID-19, blockades, and floods in Dordikhola.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, constructed at Dordi Rural Municipality, aims to generate 314.983 gigawatts of power annually, including 53.03 gigawatts in the winter season. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project has an underground electricity system and signed a Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA) in 2071 BS.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17510', 'image' => '20230507060743_collage (1).jpg', 'article_date' => '2023-05-07 06:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17775', 'article_category_id' => '1', 'title' => '30 Tigers Found Dead at Chitwan National Park in the Last Seven Years', 'sub_title' => '', 'summary' => 'Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park. Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">May 7: Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The reasons for the deaths of the tigers were varied, with eight dying due to old age, eight from in-fighting, five during treatment, one from illness, and three from poison in their food. The causes of death for the remaining five tigers are still unknown.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The number of tiger deaths has been on the rise since the fiscal year 2072/73 BS. One tiger was found dead in that year, while the number rose to four in the following fiscal year, and continued to increase, reaching a peak of eight in 2075/76. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Three tigers were found dead in 2076/77, two in 2077/78, and six in 2078/79. However, no tigers have been found dead in the current fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Although the tiger population has been increasing at Chitwan National Park, the rise in the number of tigers has also led to an increase in wildlife in-fighting as they compete for food. As a result, tiger deaths have also gone up.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">According to data from CNP, as of mid-April this year, 96 wild animals have been found dead, while 96 wild animals have been rescued. </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17509', 'image' => '20230507055928_collage (3).jpg', 'article_date' => '2023-05-07 05:55:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17774', 'article_category_id' => '1', 'title' => 'Government Committed to Resolving Entrepreneurs’ Problems, Says Minister Rijal', 'sub_title' => '', 'summary' => 'Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Talking to the journalists in Chitwan, the Minister Rijal shared that the government is working on a range of programmes aimed at addressing the problems faced by entrepreneurs, including salvaging sick enterprises and industries. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal assured entrepreneurs and business persons that the government is thoughtful about the industries that are on the brink of shutdown due to liquidity crunch and high interest rates on lending. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Minister stated that the current economic problems have been exacerbated by the liquidity crisis brought on by the COVID-19 pandemic and the Russia-Ukraine conflict.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">To tackle the liquidity crunch, the government is currently in discussions with the governor of the Nepal Rasta Bank and working towards reducing the interest rates of banks, said the Minister. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In addition, Rijal said that the government is also considering a programme to encourage entrepreneurs to set up industries and enterprises by providing them with land. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal emphasized that the government will deal with issues that require legal solutions accordingly and will work in the best interest of entrepreneurs and businesses.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17508', 'image' => '20230505043352_collage (9).jpg', 'article_date' => '2023-05-05 16:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17773', 'article_category_id' => '1', 'title' => 'Simrik Air Helicopter Crashes in Sankhuwasabha District', 'sub_title' => 'Rescue efforts underway, three severely injured ', 'summary' => 'May 5: A helicopter belonging to Simrik Air has crashed in Sankhuwasabha district on Friday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: A helicopter belonging to Simrik Air crashed in Sankhuwasabha district on Friday morning. Three people onboard helicopter are said to have sustained severe injuries, according to the District Administration Office, Sankhuwasabha. </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"">According to assistant chief district officer in Sankhuwasabha, Mohanmani Ghimire, the helicopter met with the accident while landing at Siprung of Bhotkhola rural municipality in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts are underway and a Nepalese Army helicopter has been flown to the incident site, said administrative officer, Bhogendra Shrestha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Eleven Army personnel have been deployed along with its helicopter for rescue efforts, said Brigadier General Krishna Prasad Bhandari, the NA spokesperson. </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"">Out of the total five people onboard the ill-fated helicopter, three are said to be in serious condition, and two in normal situation, he said. </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 accident took place at Hammaredanda of Bhotkhola Rural Municipality-4 while landing. The helicopter was carrying materials for the Upper Arun hydropower project. </span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17507', 'image' => '20230505032545_311013142_472514398245266_6571021843698625046_n.jpg', 'article_date' => '2023-05-05 15:24:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17772', 'article_category_id' => '1', 'title' => 'Over 9000 Hikers get TIMS Card Online', 'sub_title' => '', 'summary' => 'May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.', '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"">May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.</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 provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></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"">A total of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,320 hikers have taken the TIMS card since April </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, during this period, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> trekking companies have adopted the TIMS card.</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 government has been charging Rs 2000 per person for TIMS card.</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"">TAAN President Neelhari Bastola said that TIMS card has been distributed online for the convenience of the tourists. </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"">"To make the trek safe, reliable and orderly, the government has arranged mandatory guides and TIMS card," he said. </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"">TAAN President Bastola said that more than a dozen hikers have gone missing every year while going on a hike alone, and added that guides are mandatory for the safety of tourists.</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 Unicode MS","sans-serif""> "</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">When a tourist goes on a trek alone and gets lost, it gives a message that Nepal is not a safe destination for trekking. It is important to get rid of it," says President Bastola. </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 TAAN, by making TIMS card and guides mandatory, tourists will be safe and the Nepalese tourist guides will get jobs, while companies will pay revenue to the state which will benefit everyone. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17506', 'image' => '20230505031427_1683182194.tourist.jpeg', 'article_date' => '2023-05-05 15:13:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17770', 'article_category_id' => '1', 'title' => 'More People Selling than Buying Gold during the Wedding Season', 'sub_title' => '', 'summary' => 'May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.</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 the Federation of Nepal Gold and Silver Dealers Association, the price of gold rose by Rs 1,200 per tola to Rs 111,800 on Thursday. Prior to this, the price of gold had reached the maximum limit of Rs 111,000 per tola on April 5.</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"">Gold and silver traders said that with the increase in the price of gold in the market, there are more customers selling gold than buying. They said that despite the wedding season, more people are selling gold than buying it.</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"">Rajan Adhikari, who works at New Road-based Riddhisiddhi Jewellers, said that with the increase in the price of gold, more customers have come to sell their gold. He said that there is no rush of customers to buy gold as before due to the economic recession and the rising price of gold.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“Now people have come to a situation where they are more focused on consuming basic items than buying gold. On top of that, the price of gold is constantly increasing. Due to the increase in prices, customers are opting to sell gold rather than buying it,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, it was difficult to meet the market demand due to the quota system. He said that the traders who used to sell gold up to 50 to 60 tolas a day in Magh and Falgun are now barely able to sell 10 tolas.</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"">Manik Ratna Shakya, former president of the Federation of Nepal Gold and Silver Dealers Association, said that since the price of gold has increased in the international market, it has also affected the Nepalese market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“In my opinion, it is likely to increase further. Although it is the wedding season now, there is no rush in the market like in the past,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that there is a daily demand of 35 to 40 kg of gold during the season. He added that when the government imposed a daily quota of 10 kg on gold, it was difficult to meet the demand during the season. But now, it is not even possible to sell the gold that has been bought.</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"">How much did the price increase in a year?</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last year, the price of gold increased by Rs 14,600 per tola. According to the Federation, the price of gold on this day last year was Rs 97,200 per tola. Since then, the price of gold has fluctuated a lot.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The price of gold declined to it lowest at Rs 91,300 on June 18 last year. Similarly, the price of gold has been continuously traded at more than Rs 100,000 per tola since December 18 last year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the price of silver has also increased by Rs 155 per tola in one year. The price of silver, which was Rs 1,290 per tola on May 4 last year, has reached Rs 1,445 per tola on Thursday.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17504', 'image' => '20230505122404_gold newwww.jpg', 'article_date' => '2023-05-05 12:23:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17769', 'article_category_id' => '1', 'title' => 'Cooperatives Investing against Policies Landing in Trouble', 'sub_title' => '', 'summary' => 'May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis. Due to the Covid-19 pandemic, the Russia-Ukraine war, the government's crackdown on real estate sales, as well as the tight monetary policy, the cooperatives have started to face a crisis as they are unable to return the savings of customers.</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 Cooperative Act 2074 prohibits cooperatives from investing in real estate and private companies. However, due to lack of effective monitoring, the directors of cooperative have been found investing the deposits in those sectors, rendering them unable to return the savings.</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"">On Monday, Sumeru Savings and Loan Cooperative Society issued a statement saying that due to the economic recession and lack of liquidity, the loan and interest recovery of the institution is very low, the real estate business is low and the deposit collection is almost nil, so the institution could not return the depositors’ money and pay the interest as per the rules.</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 organization has appealed to the depositors and shareholders to be patient for the time being as they are in the process of collecting the loans, selling the shares and land of the companies within the Sumeru Group and selling the houses in the name of the company as soon as possible in order to return the money. The cooperative admitted that most of the money has been invested in Sumeru Hospital, Sumeru Mart, Sumeru Printing Press, Asian College among others under the Sumeru Group.</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"">Similarly, Shiva Shikhar Multi-Purpose Cooperative Society at Kaushaltar in Bhaktapur, which has not been able to return the money to the depositors, has also been found to have invested the savings collected from its members in areas prohibited by the law. It has been found that Shiva Shikhar collected savings of Rs 10.5 billion from members and invested only Rs 1.90 billion in loans to members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The Department of Cooperatives said that the remaining Rs 8.6 billion were invested for opening sister companies in the name of Shikhar Organization. The organization opened department stores in different places of the country under the name of Shikhar Mart and also invested in real estate business.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Cooperatives such as Lalitpur-based Deurali multi-purpose, Meenbhavan-based Kantipur Saving and Credit, Lalitpur's Pashupati multi-purpose, Kathmandu's Gautam Shri have also mobilized large savings into real estate. Oriental Cooperative, which the government declared problematic, also collapsed by investing in real estate. The Civil Cooperative, which is undergoing a similar crisis, was also in trouble due to the investment in real estate.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In Section 50 of the Cooperative Act 2074, it is mentioned that cooperatives should deal with savings and loans by focusing on members. In sub-section 1 of section 50, there is a provision that cooperatives can only accept the savings of their members and give loans only to the members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tolraj Upadhyay, the spokesperson for the Department of Cooperatives, which is responsible for the implementation of the Act, argues that the department does not have enough manpower to regularly monitor the cooperatives.</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"">Meanwhile, the government has given the authority for registration of cooperative to their regulation to the local level and state governments. Because the state and local levels are unable to regulate the cooperatives, it has become even more chaotic.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17503', 'image' => '20230505122300_Cooperative.jpg', 'article_date' => '2023-05-05 12:22:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17768', 'article_category_id' => '1', 'title' => 'Government should be Sensitive to Avoid Economic Crisis: FNCCI', 'sub_title' => '', 'summary' => 'May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession. </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"">Issuing a statement, the FNCCI urged the government and Nepal Rastra Bank (NRB) to prevent the economic situation from turning more complicated.</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 National Statistics Office predicted that Nepal's economic growth (in terms of consumer prices) will be 1.86 percent this year. Along with this, the data shows that the economy has been negative in the last three quarters.</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 statement issued by FNCCI stated, “The latest figures reflect the long-standing recession in the market. The negative growth rate of the manufacturing industry, construction and trade sectors is a sign that the private sector is shrinking. For a year, FNCCI has been drawing the attention of the stakeholders to the recession of the economy due to the increased prices in the international market and policy changes within the country. The FNCCI would like to draw serious attention to the fact that there is pressure on the economy due to lack of initiative from the relevant agencies.”</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 FNCCI has emphasized on the need to increase the demand in the market to bring the economy out of recession. The umbrella body of private sector suggested that the government should reduce unnecessary expenses and increase capital expenditure in order to increase the demand in the market. </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"">Similarly, the federation suggested that NRB should to take initiatives to reduce the interest rate, mainly by reducing the policy rate, bank rate, mandatory cash ratio, etc, by adopting necessary measures.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the same way, as the borrowers are unable to pay the principal and interest, the bad loans of the banks have reached 4 percent, and the federation has demanded to facilitate the restructuring and rescheduling of the loans.</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 federation said that the purchasing power of the common consumers is gradually decreasing as inflation has been more than 7 percent for the past nine months. As the private sector is not able to work uninterruptedly, the government and the common consumers are also being affected.</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"">Therefore, the federation has drawn the attention to the fact that without immediate reforms, the recession of the economy will be prolonged.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17502', 'image' => '20230505113142_economic crisis.jpg', 'article_date' => '2023-05-05 11:30:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17767', 'article_category_id' => '1', 'title' => 'Hundreds of Climbers Awaiting for Favourable Weather to Scale Mt Everest ', 'sub_title' => '', 'summary' => 'May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday. As a result, climbers of several expedition teams have not been able start their ascent of the world’s highest peak this season. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The weather in the Everest region has been unfavourable for almost a week now. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Sherpas skilled on rope fixing known as icefall doctors are having hard times to reach atop Mt Everest, according to Imagine Nepal Trek and Expedition Company which has been assigned the task to fix the ropes from Camp 2. The company said that the icefall doctors have fixed ropes only upto the South Col (Camp 4) of Mt Everest so far. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Expedition begins only after the icefall doctors fix the rope upto the peak. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Imagine Nepal's Executive Director Dawa Gyalgen Sherpa told the state-owned RSS that the rope-fixing job was cancelled on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">More than 400 climbers including Nepalis and foreigners are waiting for a clear weather to scale the world's highest mountain. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Department of Tourism, a total of 466 climbers from 43 groups have obtained permits to climb Everest. Among them 98 are female and remaining 368 are male, said the department. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to government officials, the permits issued this year is the highest in the last seven decades since humans first stepped on the peak of Everest on May 29, 1953. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department of Tourism has opened a liaison office to monitor and facilitate the Everst expedition. The liaison office under the convenership of Khimlal Gautam includes the officials from the Tourism Ministry, security personnel from the Nepalese Army, Nepal Police, Himalaya Rescue Association and local representatives. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17501', 'image' => '20230505101815_everesttttt.jpg', 'article_date' => '2023-05-05 10:17:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17766', 'article_category_id' => '1', 'title' => 'SC Orders to Test Level of Pesticides on Vegetables, Fruits at Customs Points ', 'sub_title' => '', 'summary' => 'May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A division bench of justices Shushmalata Mathema and Nahakul Subedi issued such an order along with a four-point directive on this issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the SC has directed concerned government bodies to test the level of pesticides on all imported vegetables and fruits at the customs points by establishing laboratories. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The SC has further ordered the government to equip such labs with international-level equipment and skilled human resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the SC has sought details of the government's preparations on effective implementation of national and international laws and standards in regard to regulate the usage of pesticides. The SC has asked the stakeholders to submit the details to the SC on implementation part of the plans and standards made in the past four years following the SC's order in July 2019. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17500', 'image' => '20230505094606_20230504105003_20220829014335_p02-120209-78.jpg', 'article_date' => '2023-05-05 09:45:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17765', 'article_category_id' => '1', 'title' => 'Buddha Jayanti being Observed Today ', 'sub_title' => '', 'summary' => 'May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, regarded as the ninth incarnation of Lord Bishnu, was born on the full moon day in the Nepali month of Baisakh as per the lunar calendar. Coincidentally, the day Buddha was born, attained wisdom and Mahaparinirvan (passing away) fall on the same day. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Buddhist communities in the world including Nepal observe this day with much reverence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The birth anniversary of Buddha, the apostle of non-violence and peace, is being observed with spiritual leaders and gurus at monasteries. The government has appealed to all people to observe the Buddha Jayanti with illumination at homes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Grand programmes are being held at Lumbini, Swayambhu, and Bauddha on Buddha Jayanti. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, who born in the royal family of King Suddhodhan and Queen Mayadevi, left his palace at the age of 29 for penance. He attained enlightenment at the age of 36 and went on teaching non-violence until he was 80. Buddha is also regarded as the 'Light of Asia'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddhist philosophy is taught in internationally-acclaimed universities like Oxford, Cambridge and Harvard. There are also MA level programmes on Buddhist philosophy at Tribhuvan University, Nepal Sanskrit University, Lumbini Bauddha University in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The teaching and sermons given by Lord Buddha during his lifetime of 80 years are documented in 'binaya', 'sutta', 'abhidhamma' and 'tripitak'. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17499', 'image' => '20230505102536_1683260858.jpg', 'article_date' => '2023-05-05 09:43:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 7: With the opening of mountain climbing season for spring, 466 mountaineers have reached the base camp of Mount Everest. The climbers who are currently practicing for mountain climbing will leave the base camp for the summit of Mount Everest after one week.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the Department of Tourism, if the weather is not unfavorable, the climbers will start climbing after eight days. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Yuvraj Khatiwada, director of the mountaineering branch of the department, said that the department has intensified the work of appointing liaison officers and facilitations for the climbers. According to him, the number of climbers who have reached the base camp of Everest currently is 466, Lhotse is 110 and Nuptse is 70.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that if the weather is favorable, the routes to the camps above the base camp will be fixed from Sunday and Monday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> “The liaison officers are already at the base camp. This time, it will be more convenient as the liaison office of the monitoring committee is established at the base camp of Mount Everest,” said Khatiwada.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">After the government started issuing permits for this season, 1,079 people received permits to climb various mountains and peaks including Everest.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">A certain time is fixed for climbing depending on the mountain and height. There is a provision that climbing Everest must be completed within 75 days after receiving the permit. The department so far has issued permits for climbing 24 mountains and peaks. The mountains and peaks for which permits are issued are above 6,000 meters. According to the department, after the Covid-19 pandemic, this is the maximum number of climbers obtaining climbing permits this season.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The department so far has collected a royalties worth Rs 739.7 million by issuing mountain climbing permits. Out of that, Everest alone has contributed Rs 655.5 million. After this, the mountain with the highest revenue is Lhotse for generating Rs 28.3 million by issuing permits to 126 climbers. Similarly, 58 people have taken permission to climb Makalu, generating a revenue of Rs 13.6 million.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the latest data of the department, mountaineers from 80 countries have taken permission to climb the mountains this season. Among the climbers, 252 are female. According to the department, most of the climbers are Americans. The department informed that the number of American climbers is 163, Chinese climbers is 113 and Indian climbers is 90.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17514', 'image' => '20230507123550_1683423759.abhiyan daily (2).jpg', 'article_date' => '2023-05-07 12:35:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17779', 'article_category_id' => '1', 'title' => 'Postal Highway Achieves 70 Percent Completion Target', 'sub_title' => '', 'summary' => 'May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">May 7: The physical progress in the construction of the Postal Highway, one of the national pride projects, currently stands at 70 percent. Out of 1,857 km of the highway, blacktopping of 957 km has been completed so far.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">According to the Directorate of Postal Highway Project, they project is being delayed especially because the road falls in forest areas. Besides, the delay in construction of bridges is also hampering the project. Apart from some sections of the highway, the construction in other places has been completed or is in the process of construction.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Project chief Chuda Raj Dhakal says that 211 km of roads have yet to be contracted. They are also yet to sign a contract to build the Sattari Bridge. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The construction of roads in forest areas of Chitwan, Nawalpur, Kapilvastu, Banke and Dang districts is yet to proceed due to lack of approval for constructing a road in forest area.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that since the layout of the road is close to the east-west highway in some sections, a decision has yet to be made whether to connect the Postal Highway to it or build it according to the layout. He said, "It is yet to be decided whether to make the Postal Highway of two lanes or to construct it in the forest area in Dang, Kapilvastu, Banke."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The progress in this fiscal year is 60 percent, according to the Directorate of Postal Highway Project. The officials said that the previously allocated amount will not be enough. Dhakal said that an additional amount of Rs 2 billion has been requested this year. He said, "When that money is received and the work is resumed, 95 percent progress will be made this year."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">He said that a total of 250 km of road was planned to be blacktopped, but now 200 km is about to be black topped. Apart from black topping, this year there is more work on other structures, so a plan has been made to reduce black topping. Eight bridges have been completed this year and seven are nearing completion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Chief Dhakal said that from Shivgadi temple in Dang to Kapilvastu, Dang and some areas of Banke, there are forest areas without settlements. From Lamhi to West Park, all areas are covered with forests. He said, “There is also a possibility that a three and a half km tunnel can be built in Chure.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The Postal Highway was earlier termed as the Postal Bridge project. In the agreement made in the year 2065/66 BS, it was planned that Indian technicians and construction professionals would come and build bridges there. Due to various reasons, the work could not be done in that form. After the Indian side left and returned in the year 2073/74 BS, the government started the rest of the construction by forming the Postal Highway Project Directorate.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">As part of the plan, 881 km long feeder road is being constructed. There was an agreement that 245 km of this would be constructed by the Government of India and the rest by the Government of Nepal. The Government of India has completed the construction and handed it over and the rest is being constructed by the Government of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">The National Planning Commission has set a target to complete the Postal Highway project by the year 2079/80 BS. The Ministry of Physical Infrastructure and Transport has said that the deadline of the national pride should be increased even though it could not be constructed due to Covid-19 in the past years.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Postal Highway was started with the goal of realizing a prosperous Terai-Madhes. It is also the route connecting East Terai to West Terai. As nearly half of the country's population resides in the Madhes region, it is expected that people will have more access to infrastructures after the completion of the project. The government expects that the highway will open up new possibilities in the areas of trade and agriculture in that area. -- RSS</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17513', 'image' => '20230507114501_20230113105546_postal highway facebook.jpg', 'article_date' => '2023-05-07 11:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17778', 'article_category_id' => '1', 'title' => 'Three People Dead in Mugu Avalanche ', 'sub_title' => '', 'summary' => 'May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: Three people from Patarasi Rural Municipality in Jumla district died in an avalanche that occurred at Chyarkhu pass of Mugu district on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vice-Chairperson of Patarasi Rural Municipality Jana Maya Rokaya said that Tara Singh Sarki, 40, Purna Sarki, 36, and Bir Bohara, 36, of Talfigaun of Patarasi-2 died in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Fourteen persons from Patarasi had gone to Chyarkhu to collect Yarshagumba, a prized herb found in the Himalayas. Of them, three passed away and nine others sustained minor injuries in the avalanche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A team of police personnel has moved to the affected site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rokaya shared that the District Administration Office, Province Government and Federal Government have been requested for rescue operations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hundreds of people have travelled to the highlands in Mugu district to collect Yarshagumba although the local authorities have not allowed people to collect the herb before May 18. It is said that the three persons who died in the avalanche had gone to the highlands (locally known as Patan) by using informal routes. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17512', 'image' => '20230507110423_h_02750854(2).jpg', 'article_date' => '2023-05-07 11:03:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17777', 'article_category_id' => '1', 'title' => 'Budget Session of Federal Parliament Begins Today ', 'sub_title' => '', 'summary' => 'May 7: The budget session of the Federal Parliament is beginning today (May 7). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 7: The budget session of the Federal Parliament is beginning today (May 7). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President Ram Chandra Paudel has summoned the budget session of parliament for 4 pm this afternoon according to Article 93 (1) of the Constitution of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government's policy and programmes and annual budget for the upcoming fiscal year would be tabled in this session of the House of Representatives (HoR). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In today's HoR meeting, Finance Minister Dr Prakash Sharan Mahat is scheduled to table a proposal on Principle and Priorities of Appropriation Bill for discussions. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17511', 'image' => '20230507104431_Budget.jpg', 'article_date' => '2023-05-07 10:43:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17776', 'article_category_id' => '1', 'title' => 'Super Dordi 'Kha' Hydropower Project Begins Commercial Production', 'sub_title' => '', 'summary' => 'Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.', 'content' => '<p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">May 7: Super Dordi ‘Kha’ Hydropower Project, located at Dordikhola in Lamjung, has commenced commercial production of power after the completion of its construction from Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, which is promoted by People’s Hydropower Company, has an installed capacity of 54 megawatts and is the largest hydropower project built on Dordikhola, according to the project's director, Arjun Gautam.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt"> It is also the fourth biggest hydropower project constructed with the private sector's participation in Nepal after Upper Tamakoshi of 456 megawatts, Solu Dudhkoshi of 86 megawatts, and Khimti Hydropower of 60 megawatts.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project began commercial production after its test production and has now connected the electricity commercially to the national grid, Gautam stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">As a result, the Nepal Electricity Authority Load Transmission Center's Chief, Suresh Bhattarai, reported that the NEA's total power generation capacity has increased to 2700 megawatts following the connection of 54 megawatts of power to the national grid on Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project was started in 2074 BS and was supposed to be completed in 2078 BS. However, the construction of the hydropower project was delayed by COVID-19, blockades, and floods in Dordikhola.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project, constructed at Dordi Rural Municipality, aims to generate 314.983 gigawatts of power annually, including 53.03 gigawatts in the winter season. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:16.0pt">The hydropower project has an underground electricity system and signed a Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA) in 2071 BS.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17510', 'image' => '20230507060743_collage (1).jpg', 'article_date' => '2023-05-07 06:05:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '17775', 'article_category_id' => '1', 'title' => '30 Tigers Found Dead at Chitwan National Park in the Last Seven Years', 'sub_title' => '', 'summary' => 'Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park. Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">May 7: Over the past seven years, at least 30 tigers have been found dead in and around Nepal's Chitwan National Park.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Of the dead tigers, 14 were male and eight were female, while the identities of eight tigers have yet to be established, accoridng to Ganesh Prasad Tiwari, the Information Officer at CNP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The reasons for the deaths of the tigers were varied, with eight dying due to old age, eight from in-fighting, five during treatment, one from illness, and three from poison in their food. The causes of death for the remaining five tigers are still unknown.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">The number of tiger deaths has been on the rise since the fiscal year 2072/73 BS. One tiger was found dead in that year, while the number rose to four in the following fiscal year, and continued to increase, reaching a peak of eight in 2075/76. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Three tigers were found dead in 2076/77, two in 2077/78, and six in 2078/79. However, no tigers have been found dead in the current fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">Although the tiger population has been increasing at Chitwan National Park, the rise in the number of tigers has also led to an increase in wildlife in-fighting as they compete for food. As a result, tiger deaths have also gone up.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:15.0pt">According to data from CNP, as of mid-April this year, 96 wild animals have been found dead, while 96 wild animals have been rescued. </span></span></span></p> ', 'published' => true, 'created' => '2023-05-07', 'modified' => '2023-05-07', 'keywords' => '', 'description' => '', 'sortorder' => '17509', 'image' => '20230507055928_collage (3).jpg', 'article_date' => '2023-05-07 05:55:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17774', 'article_category_id' => '1', 'title' => 'Government Committed to Resolving Entrepreneurs’ Problems, Says Minister Rijal', 'sub_title' => '', 'summary' => 'Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Minister for Industry, Commerce and Supplies Ramesh Rijal has assured that the government is highly committed to resolving the issues faced by entrepreneurs and business persons in the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Talking to the journalists in Chitwan, the Minister Rijal shared that the government is working on a range of programmes aimed at addressing the problems faced by entrepreneurs, including salvaging sick enterprises and industries. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal assured entrepreneurs and business persons that the government is thoughtful about the industries that are on the brink of shutdown due to liquidity crunch and high interest rates on lending. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Minister stated that the current economic problems have been exacerbated by the liquidity crisis brought on by the COVID-19 pandemic and the Russia-Ukraine conflict.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">To tackle the liquidity crunch, the government is currently in discussions with the governor of the Nepal Rasta Bank and working towards reducing the interest rates of banks, said the Minister. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In addition, Rijal said that the government is also considering a programme to encourage entrepreneurs to set up industries and enterprises by providing them with land. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal emphasized that the government will deal with issues that require legal solutions accordingly and will work in the best interest of entrepreneurs and businesses.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17508', 'image' => '20230505043352_collage (9).jpg', 'article_date' => '2023-05-05 16:30:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17773', 'article_category_id' => '1', 'title' => 'Simrik Air Helicopter Crashes in Sankhuwasabha District', 'sub_title' => 'Rescue efforts underway, three severely injured ', 'summary' => 'May 5: A helicopter belonging to Simrik Air has crashed in Sankhuwasabha district on Friday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: A helicopter belonging to Simrik Air crashed in Sankhuwasabha district on Friday morning. Three people onboard helicopter are said to have sustained severe injuries, according to the District Administration Office, Sankhuwasabha. </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"">According to assistant chief district officer in Sankhuwasabha, Mohanmani Ghimire, the helicopter met with the accident while landing at Siprung of Bhotkhola rural municipality in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rescue efforts are underway and a Nepalese Army helicopter has been flown to the incident site, said administrative officer, Bhogendra Shrestha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Eleven Army personnel have been deployed along with its helicopter for rescue efforts, said Brigadier General Krishna Prasad Bhandari, the NA spokesperson. </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"">Out of the total five people onboard the ill-fated helicopter, three are said to be in serious condition, and two in normal situation, he said. </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 accident took place at Hammaredanda of Bhotkhola Rural Municipality-4 while landing. The helicopter was carrying materials for the Upper Arun hydropower project. </span></span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17507', 'image' => '20230505032545_311013142_472514398245266_6571021843698625046_n.jpg', 'article_date' => '2023-05-05 15:24:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17772', 'article_category_id' => '1', 'title' => 'Over 9000 Hikers get TIMS Card Online', 'sub_title' => '', 'summary' => 'May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.', '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"">May 5: With the government making the Trekkers Information Management System (TIMS) card and trekking guide mandatory for foreign tourists going for a trek, the number of trekkers acquiring the TIMS card online has increased.</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 provision for foreign tourists to mandatorily acquire TIMS card and a trekking guide to go for a trek was implemented on the joint initiative of Nepal Tourism Board, Trekking Agencies Association of Nepal (TAAN) and the workers’ organizations in the tourism sector.</span></span></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"">A total of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,320 hikers have taken the TIMS card since April </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1. </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, during this period, more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1,500</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> trekking companies have adopted the TIMS card.</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 government has been charging Rs 2000 per person for TIMS card.</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"">TAAN President Neelhari Bastola said that TIMS card has been distributed online for the convenience of the tourists. </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"">"To make the trek safe, reliable and orderly, the government has arranged mandatory guides and TIMS card," he said. </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"">TAAN President Bastola said that more than a dozen hikers have gone missing every year while going on a hike alone, and added that guides are mandatory for the safety of tourists.</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 Unicode MS","sans-serif""> "</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">When a tourist goes on a trek alone and gets lost, it gives a message that Nepal is not a safe destination for trekking. It is important to get rid of it," says President Bastola. </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 TAAN, by making TIMS card and guides mandatory, tourists will be safe and the Nepalese tourist guides will get jobs, while companies will pay revenue to the state which will benefit everyone. </span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17506', 'image' => '20230505031427_1683182194.tourist.jpeg', 'article_date' => '2023-05-05 15:13:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17770', 'article_category_id' => '1', 'title' => 'More People Selling than Buying Gold during the Wedding Season', 'sub_title' => '', 'summary' => 'May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The month of Baisakh (mid-April to mid-May) is the season of marriage. However, in this marriage season, the price of gold set a new record in the domestic market of Nepal on Thursday.</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 the Federation of Nepal Gold and Silver Dealers Association, the price of gold rose by Rs 1,200 per tola to Rs 111,800 on Thursday. Prior to this, the price of gold had reached the maximum limit of Rs 111,000 per tola on April 5.</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"">Gold and silver traders said that with the increase in the price of gold in the market, there are more customers selling gold than buying. They said that despite the wedding season, more people are selling gold than buying it.</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"">Rajan Adhikari, who works at New Road-based Riddhisiddhi Jewellers, said that with the increase in the price of gold, more customers have come to sell their gold. He said that there is no rush of customers to buy gold as before due to the economic recession and the rising price of gold.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“Now people have come to a situation where they are more focused on consuming basic items than buying gold. On top of that, the price of gold is constantly increasing. Due to the increase in prices, customers are opting to sell gold rather than buying it,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to him, it was difficult to meet the market demand due to the quota system. He said that the traders who used to sell gold up to 50 to 60 tolas a day in Magh and Falgun are now barely able to sell 10 tolas.</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"">Manik Ratna Shakya, former president of the Federation of Nepal Gold and Silver Dealers Association, said that since the price of gold has increased in the international market, it has also affected the Nepalese market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“In my opinion, it is likely to increase further. Although it is the wedding season now, there is no rush in the market like in the past,” he said.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that there is a daily demand of 35 to 40 kg of gold during the season. He added that when the government imposed a daily quota of 10 kg on gold, it was difficult to meet the demand during the season. But now, it is not even possible to sell the gold that has been bought.</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"">How much did the price increase in a year?</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last year, the price of gold increased by Rs 14,600 per tola. According to the Federation, the price of gold on this day last year was Rs 97,200 per tola. Since then, the price of gold has fluctuated a lot.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The price of gold declined to it lowest at Rs 91,300 on June 18 last year. Similarly, the price of gold has been continuously traded at more than Rs 100,000 per tola since December 18 last year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Similarly, the price of silver has also increased by Rs 155 per tola in one year. The price of silver, which was Rs 1,290 per tola on May 4 last year, has reached Rs 1,445 per tola on Thursday.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17504', 'image' => '20230505122404_gold newwww.jpg', 'article_date' => '2023-05-05 12:23:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17769', 'article_category_id' => '1', 'title' => 'Cooperatives Investing against Policies Landing in Trouble', 'sub_title' => '', 'summary' => 'May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: Cooperatives that have invested in real estate business, private companies and shares against the policies have started to face crisis. Due to the Covid-19 pandemic, the Russia-Ukraine war, the government's crackdown on real estate sales, as well as the tight monetary policy, the cooperatives have started to face a crisis as they are unable to return the savings of customers.</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 Cooperative Act 2074 prohibits cooperatives from investing in real estate and private companies. However, due to lack of effective monitoring, the directors of cooperative have been found investing the deposits in those sectors, rendering them unable to return the savings.</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"">On Monday, Sumeru Savings and Loan Cooperative Society issued a statement saying that due to the economic recession and lack of liquidity, the loan and interest recovery of the institution is very low, the real estate business is low and the deposit collection is almost nil, so the institution could not return the depositors’ money and pay the interest as per the rules.</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 organization has appealed to the depositors and shareholders to be patient for the time being as they are in the process of collecting the loans, selling the shares and land of the companies within the Sumeru Group and selling the houses in the name of the company as soon as possible in order to return the money. The cooperative admitted that most of the money has been invested in Sumeru Hospital, Sumeru Mart, Sumeru Printing Press, Asian College among others under the Sumeru Group.</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"">Similarly, Shiva Shikhar Multi-Purpose Cooperative Society at Kaushaltar in Bhaktapur, which has not been able to return the money to the depositors, has also been found to have invested the savings collected from its members in areas prohibited by the law. It has been found that Shiva Shikhar collected savings of Rs 10.5 billion from members and invested only Rs 1.90 billion in loans to members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The Department of Cooperatives said that the remaining Rs 8.6 billion were invested for opening sister companies in the name of Shikhar Organization. The organization opened department stores in different places of the country under the name of Shikhar Mart and also invested in real estate business.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Cooperatives such as Lalitpur-based Deurali multi-purpose, Meenbhavan-based Kantipur Saving and Credit, Lalitpur's Pashupati multi-purpose, Kathmandu's Gautam Shri have also mobilized large savings into real estate. Oriental Cooperative, which the government declared problematic, also collapsed by investing in real estate. The Civil Cooperative, which is undergoing a similar crisis, was also in trouble due to the investment in real estate.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In Section 50 of the Cooperative Act 2074, it is mentioned that cooperatives should deal with savings and loans by focusing on members. In sub-section 1 of section 50, there is a provision that cooperatives can only accept the savings of their members and give loans only to the members.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tolraj Upadhyay, the spokesperson for the Department of Cooperatives, which is responsible for the implementation of the Act, argues that the department does not have enough manpower to regularly monitor the cooperatives.</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"">Meanwhile, the government has given the authority for registration of cooperative to their regulation to the local level and state governments. Because the state and local levels are unable to regulate the cooperatives, it has become even more chaotic.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17503', 'image' => '20230505122300_Cooperative.jpg', 'article_date' => '2023-05-05 12:22:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17768', 'article_category_id' => '1', 'title' => 'Government should be Sensitive to Avoid Economic Crisis: FNCCI', 'sub_title' => '', 'summary' => 'May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">May 5: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has requested the government to initiate reform initiatives as soon as possible as the recent data released by the National Statistics Office indicated that the economy is headed for recession. </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"">Issuing a statement, the FNCCI urged the government and Nepal Rastra Bank (NRB) to prevent the economic situation from turning more complicated.</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 National Statistics Office predicted that Nepal's economic growth (in terms of consumer prices) will be 1.86 percent this year. Along with this, the data shows that the economy has been negative in the last three quarters.</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 statement issued by FNCCI stated, “The latest figures reflect the long-standing recession in the market. The negative growth rate of the manufacturing industry, construction and trade sectors is a sign that the private sector is shrinking. For a year, FNCCI has been drawing the attention of the stakeholders to the recession of the economy due to the increased prices in the international market and policy changes within the country. The FNCCI would like to draw serious attention to the fact that there is pressure on the economy due to lack of initiative from the relevant agencies.”</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 FNCCI has emphasized on the need to increase the demand in the market to bring the economy out of recession. The umbrella body of private sector suggested that the government should reduce unnecessary expenses and increase capital expenditure in order to increase the demand in the market. </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"">Similarly, the federation suggested that NRB should to take initiatives to reduce the interest rate, mainly by reducing the policy rate, bank rate, mandatory cash ratio, etc, by adopting necessary measures.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the same way, as the borrowers are unable to pay the principal and interest, the bad loans of the banks have reached 4 percent, and the federation has demanded to facilitate the restructuring and rescheduling of the loans.</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 federation said that the purchasing power of the common consumers is gradually decreasing as inflation has been more than 7 percent for the past nine months. As the private sector is not able to work uninterruptedly, the government and the common consumers are also being affected.</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"">Therefore, the federation has drawn the attention to the fact that without immediate reforms, the recession of the economy will be prolonged.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17502', 'image' => '20230505113142_economic crisis.jpg', 'article_date' => '2023-05-05 11:30:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17767', 'article_category_id' => '1', 'title' => 'Hundreds of Climbers Awaiting for Favourable Weather to Scale Mt Everest ', 'sub_title' => '', 'summary' => 'May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">May 5: Icefall doctors were unable to fix the ropes to the peak of Mt Everest due to unfavourable weather on Thursday. As a result, climbers of several expedition teams have not been able start their ascent of the world’s highest peak this season. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The weather in the Everest region has been unfavourable for almost a week now. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Sherpas skilled on rope fixing known as icefall doctors are having hard times to reach atop Mt Everest, according to Imagine Nepal Trek and Expedition Company which has been assigned the task to fix the ropes from Camp 2. The company said that the icefall doctors have fixed ropes only upto the South Col (Camp 4) of Mt Everest so far. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Expedition begins only after the icefall doctors fix the rope upto the peak. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Imagine Nepal's Executive Director Dawa Gyalgen Sherpa told the state-owned RSS that the rope-fixing job was cancelled on Thursday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">More than 400 climbers including Nepalis and foreigners are waiting for a clear weather to scale the world's highest mountain. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Department of Tourism, a total of 466 climbers from 43 groups have obtained permits to climb Everest. Among them 98 are female and remaining 368 are male, said the department. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to government officials, the permits issued this year is the highest in the last seven decades since humans first stepped on the peak of Everest on May 29, 1953. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department of Tourism has opened a liaison office to monitor and facilitate the Everst expedition. The liaison office under the convenership of Khimlal Gautam includes the officials from the Tourism Ministry, security personnel from the Nepalese Army, Nepal Police, Himalaya Rescue Association and local representatives. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17501', 'image' => '20230505101815_everesttttt.jpg', 'article_date' => '2023-05-05 10:17:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17766', 'article_category_id' => '1', 'title' => 'SC Orders to Test Level of Pesticides on Vegetables, Fruits at Customs Points ', 'sub_title' => '', 'summary' => 'May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: The Supreme Court (SC) on Thursday issued a mandamus order to the government to submit a report within two months at the SC after testing the level of pesticides in all vegetables and fruits imported from India and other countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A division bench of justices Shushmalata Mathema and Nahakul Subedi issued such an order along with a four-point directive on this issue. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the SC has directed concerned government bodies to test the level of pesticides on all imported vegetables and fruits at the customs points by establishing laboratories. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The SC has further ordered the government to equip such labs with international-level equipment and skilled human resources. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the SC has sought details of the government's preparations on effective implementation of national and international laws and standards in regard to regulate the usage of pesticides. The SC has asked the stakeholders to submit the details to the SC on implementation part of the plans and standards made in the past four years following the SC's order in July 2019. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17500', 'image' => '20230505094606_20230504105003_20220829014335_p02-120209-78.jpg', 'article_date' => '2023-05-05 09:45:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17765', 'article_category_id' => '1', 'title' => 'Buddha Jayanti being Observed Today ', 'sub_title' => '', 'summary' => 'May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 5: Buddha Jayanti, the 2567th birth anniversary of Gautam Buddha, is being observed across the country by commemorating Lord Buddha’s contributions to the establishment of world peace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, regarded as the ninth incarnation of Lord Bishnu, was born on the full moon day in the Nepali month of Baisakh as per the lunar calendar. Coincidentally, the day Buddha was born, attained wisdom and Mahaparinirvan (passing away) fall on the same day. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Buddhist communities in the world including Nepal observe this day with much reverence. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The birth anniversary of Buddha, the apostle of non-violence and peace, is being observed with spiritual leaders and gurus at monasteries. The government has appealed to all people to observe the Buddha Jayanti with illumination at homes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Grand programmes are being held at Lumbini, Swayambhu, and Bauddha on Buddha Jayanti. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddha, who born in the royal family of King Suddhodhan and Queen Mayadevi, left his palace at the age of 29 for penance. He attained enlightenment at the age of 36 and went on teaching non-violence until he was 80. Buddha is also regarded as the 'Light of Asia'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Buddhist philosophy is taught in internationally-acclaimed universities like Oxford, Cambridge and Harvard. There are also MA level programmes on Buddhist philosophy at Tribhuvan University, Nepal Sanskrit University, Lumbini Bauddha University in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The teaching and sermons given by Lord Buddha during his lifetime of 80 years are documented in 'binaya', 'sutta', 'abhidhamma' and 'tripitak'. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-05-05', 'modified' => '2023-05-05', 'keywords' => '', 'description' => '', 'sortorder' => '17499', 'image' => '20230505102536_1683260858.jpg', 'article_date' => '2023-05-05 09:43:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, '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
