April 24: The country is currently witnessing the influence of Westerly winds and the local…
April 24: The country is currently witnessing the influence of Westerly winds and the local…
April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2…
Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of…
The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange…
April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday.…
April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday…
April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year.…
April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078).…
April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13.…
April 23: Nepal exported 464,331 tons of cement and clinker in the first nine months of the current fiscal…
April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service…
April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of…
April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry…
April 23: With the onset of the spring season of 2023, the number of climbers seeking permission to climb Mount Everest has…
As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00…
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The country is currently witnessing the influence of Westerly winds and the local wind. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has caused rainfall in some parts of Sudurapschim Province, Karnali Province, Gandaki Province and Bagmati Province with partial to general changes in weather across the country, according to the Weather Forecasting Division. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light and brief rainfall with thunders and lightning in some areas this afternoon with partial to general changes across the country. It is predicted that some parts of Terai would see strong wind today. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the night time also, there is a chance of light and brief rain with thunders and lightning in some parts of mountainous belt with weather changes in Lumbini, Gandaki, Karnali and Sudurpaschim provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, Kathmandu will see minimum temperature of 13 degrees Celcius and maximum of 28 degrees Celsius. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17386', 'image' => '20230424110954_rainfallll.jpg', 'article_date' => '2023-04-24 11:09:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17651', 'article_category_id' => '1', 'title' => 'Nepal's Urban Population Reaches 66.2 Percent ', 'sub_title' => '', 'summary' => 'April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Releasing the municipality and rural municipality-level data, the Central Statistics Office (CSO) on Sunday stated that the urban population in Nepal is slightly more than 19.29 million while the rural population is over 9.86 million. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Census 2011, the urban population in the country was just 17.1 percent ten years ago. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the geographical belt, the urban population in the mountainous region is 35.6 per cent while the rural population is 64.4 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, 63.3 per cent people in the hill region reside in municipalities while 36.7 per cent people live in the rural municipality in the hills. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are 71.8 per cent people as city dwellers in the Tarai region while 28.2 per cent people are the dwellers of the rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The average population growth rate during the census period is 0.92 perent per year against 1.35 per cent in the previous census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While the average annual population growth in municipality is 1.36 percent, the average annual population growth in rural municipality is 0.11 percent per year this census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The density of population as per the 2021 census is 198 per square kilometer which was 180 per square kilometer in 2011. The density of population in municipality is 373 per square kilometer while it is 105 per square kilometer in rural municipality in 2021. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 households residing in Nepal, 4,479,662 families live in municipalities while remaining others live in rural municipalities, the 2021 census shows. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In Nepal, the average member number per family is 4.37 in total. In terms of municipality, average family member number is 4.31 per family and 4.51 per family in rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Geographically, the average family member number per family in mountainous municipality is 4.23, 3.90 in hill municipalities and 4.63 in Terai municipalities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the average family member per family in rural municipalities in mountainous region is 4.38, 4.14 in the hill region and 4.99 in Tarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 families recorded during the 2021 census, the head of the family was male in 68.5 per cent of families while 31.5 per cent were female as the head. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Municipality-wise, males were the head of the family in 67.2 per cent families in municipalities while females were the head in 32.8 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, males were the head of the family in 71.1 per cent families in rural municipalities while 28.9 per cent families had females as their head. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17385', 'image' => '20230424072846_Kathmandu Valley.jpg', 'article_date' => '2023-04-24 07:28:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17650', 'article_category_id' => '1', 'title' => 'Neco Insurance Makes a Payment of 70% of Claims in Nine Months ', 'sub_title' => '', 'summary' => 'Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. ', 'content' => '<p><span style="font-size:18px">April 24: Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. </span></p> <p><span style="font-size:18px">In the current fiscal year 2022/23, the company had 3973 claims to pay and has made payment for 70% of all claims, including new ones, within the first nine months. This demonstrates the company's commitment to making the payment process fast and easy for its customers.</span></p> <p><span style="font-size:18px">The company has paid out Rs 100 million to claims related to agriculture alone. Additionally, the company has made a payment of Rs 1.27 billion to 8,959 claims within the first nine months of the current fiscal year.</span></p> <p><span style="font-size:18px">The company has reminded claimants to furnish necessary documents to expedite the payment process. <br /> Neco Insurance Limited remains dedicated to providing quality insurance service and simplifying the payment process for its valued customers.</span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17384', 'image' => '20230424070748_collage (93).jpg', 'article_date' => '2023-04-24 07:05:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17649', 'article_category_id' => '1', 'title' => 'SEBON Receives Multiple Applications for New Stock Exchange and Commodity Exchange Market Licenses', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">April 24: The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Three private companies, the Himalayan Stock Exchange, National Stock Exchange of Nepal, and Annapurna Stock Exchange Limited, have applied for the license to operate the new stock exchange. </span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only one of the companies will be granted a license to operate the new stock exchange.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Likewise, four private companies, Himalayan Commodities and Derivatives Exchange Limited, Multi Derivatives Exchange Limited, Multi Assets and Derivatives Exchange Limited, and Nepal Multi Commodity Exchange Limited, have applied for licenses to operate the commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only two of these companies will be granted licenses to operate the commodity exchange market.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON had called for applications for one new stock exchange company and two commodity exchanges on April 13, with the deadline for applications on April 23.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON has started the new license distribution process that was postponed since November 1, 2022.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform, with 70% of the ownership of the new stock exchange facility to be held by the founders and 30% by the general public. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Additionally, NEPSE has set a paid-up capital requirement of not less than Rs 500 million for the new commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Former presidents of the Federation of Nepalese Chambers of Commerce & Industry (FNCCI), Pashupati Murarka, Bhawani Rana, Shekhar Golchha, and the directors of the Himalayan Reinsurance Company are among the major investors in the Himalayan Stock Exchange. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">In the same manner, Siddharth Group and Agni Group, which include past Non-Resident Nepali Association presidents Upendra Mahato, Jiba Lamichhane, current president Dr. Badri KC, and Kul Acharya, are the largest investors on the National Stock Exchange.</span> </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Annapurna Media House’s Proprietor Captain Rameswor Thapa has a major stake in Annapurna Stock Exchange. Surendraraj Wagle, Anil Sapkota, Prakash Kumar Shrestha, Ganesh Kumar Shrestha, and Sekhar Subedi are other major investors in the company. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The applications for the licenses of stock exchange and commodity market suggest that big corporate houses are vying for the license in a tough manner.</span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif"> The Board has sole discretion to accept or reject any and all applications received in accordance with the notice. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">With receipt of applications, the SEBON will evaluate them and grant a license to operate a stock exchange and two licenses to run commodity exchange markets.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17383', 'image' => '20230424060920_collage (92).jpg', 'article_date' => '2023-04-24 06:03:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '17647', 'article_category_id' => '1', 'title' => 'Voter Turnout for By-Election 60 Percent: EC ', 'sub_title' => '', 'summary' => 'April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. According to the Election Commission, the voter turnout was around 60 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to preliminary details, the voter turnout stands at 60 per cent on average in all three constituencies- Bara-2, Chitwan-2 and Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In constituency 2 of Bara, voter turnout remained at 64 per cent, in Chitwan-2 it was 63 per cent and in Tanahu-1, it was 53 per cent, the commission said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There were altogether 353,247 eligible voters in the three constituencies, according to the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the parliamentary election on November 20 last year, 63.56 per cent votes were cast in Bara-2, 67.63 per cent in Chitwan-2 and 54.03 per cent in Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ballot papers will be transported from the constituencies to the office of the Chief Returning Officer from the evening till 11:00 pm. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting will begin as per the directive of the commission and in consensus with the political parties and candidates contesting the by-election and the results announced by April 25, informed Kamal Gyawali, under-secretary at the commission. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17382', 'image' => '20230423095241_BKM_Parsa-2.jpg', 'article_date' => '2023-04-23 21:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17648', 'article_category_id' => '1', 'title' => 'Cheetah Spreading Terror in and around TU Area Caught ', 'sub_title' => '', 'summary' => 'April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning. It is said that people travelling in vehicles in the morning and evening on the road passing through the TU campus used to encounter the cheetah. The wild cat had also attacked some pedestrians. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The cheetah was caught in a trap on Sunday morning near the TU Service Commission office. Deputy Superintendent of the Metropolitan Police Circle, Kritipur, Raju Lama said the cheetah had attacked an Assistant Sub-Inspector at the Circle on April 8. It had bumped with a motorcycle going towards Kirtipur via the TU Road around a month back. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to TU Central Campus Principal Gyanendra Rai, the locals and TU employees had been under the risk posed by the cheetah since about a year ago. Bodies related to wildlife had placed a trap following complaints. However, the cheetah escaped getting trapped and the trap was shifted to another place after some time. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rai said the trap was placed at the present location sometimes back. In his view, the reasons for the cheetah frequenting TU area is because there is forest nearby and the presence of thickets at various places in the TU compound. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Cheetah frequents the TU area to kill the stray cattle and their calves, and dogs which are found roaming the TU precincts. This has increased the chances of human-wildlife conflict," he said. He added that the agency looking after wildlife has been informed of the trapped cheetah and it would be handed over to the body concerned in the witness of Naresh Maharjan, the chair of Kirtipur Municipality, Ward No 10. </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"">Rai, the TU Central Campus principal, said they are clearing the bushes on the TU premises and installing lights at all places where there is movement of people to prevent cheetah's movement inside the university compound. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17381', 'image' => '20230423095345_chitwaphasepasoma.jpg', 'article_date' => '2023-04-23 21:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17646', 'article_category_id' => '1', 'title' => ' Lumbini Prepares for Buddha Jayanti Celebrations ', 'sub_title' => '', 'summary' => 'April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. The day also coincides with the Lumbini Day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Lumbini Development Trust (LDT) has already formed the Buddha Jayanti main management committee and other various sub-committees to observe the day in a grand manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The main celebration committee is coordinated by LDT vice chair Vikkhu Awadesh Kumar Tripathi and the sub-committees are the Security and Volunteer Sub-committee coordinated by LDT member secretary Sanu Raja Shakya, the Dissemination Sub-committee coordinated by LDT treasurer Siddhicharan Bhattarai and the Hall, Sanitation and Tree Transplantation Sub-committee coordinated by LDT planning chief Saroj Bhattarai. Besides these, other various sub-committees have been also formed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According LDT member secretary Shakya, Prime Minister Pushpa Kamal Dahal will be addressing a formal session of the Buddha Jayanti celebrations and the preparations are going on accordingly. Ambassadors of various nations to Nepal have been invited to the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">LDT treasurer Siddhi Charan Bhattarai said that Rs 10 million has been earmarked for the programme to be organized on the occasion of Buddha Jayanti. The Buddha Jayanti is also celebrated as the day when the Buddha was born, got enlightenment and attained salvation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Siddhartha Gautam who is known as Gautam Buddha after his enlightenment was born on the full moon day in the month of Baishak in 623 BC. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17380', 'image' => '20230423063402_LumbiniRSS.jpg', 'article_date' => '2023-04-23 18:33:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17645', 'article_category_id' => '1', 'title' => 'Deadline of Fast Track Extended by more than Two Years', 'sub_title' => '', 'summary' => 'April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). However, even half of the work has not been completed after six years of the handover. On top of it, the government has extended the deadline till Chaitra 2083 even as the deadline for the project is about to expire.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It may be noted that the Nepalese Army had held a press conference on Bhadra 12, 2076 and announced that the expressway would be ready in three and a half years' time. However, the project is nowhere near completion and the contract has been extended again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Since the project was handed over to the army, only 22 and a half per cent of physical progress has been made. The army has said that it is managing the project with the financial progress of 23.5 per cent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Secretary Tulsi Prasad Sitaula argues that it is not appropriate to extend the deadline several times, when not even two-thirds of the work is completed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Nepalese Army only has the experience of opening tracks and blasting mountains," said Sitaula. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now it is necessary to review the project, he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Prasad Bhandari, the spokesperson of the Nepalese Army, said that since the deadline of the project is yet to expire, the army will work according to the goal of completing it as soon as possible. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"When the work was interrupted due to Covid-19, the government extended the deadline for other projects, but did not extend the contract of the expressway," he said, "At that time, there was no work, the land dispute of Khokna remained the same, and the deadline was extended because a detailed project report (DPR) and environmental impact assessment were required.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The army is working on this project by dividing it into 11 packages. Out of that, only seven packages have been managed. The land dispute of Khokna, the starting point of the expressway, has not been resolved yet. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government has not done an environmental impact assessment yet in some regions. The big and game-changer projects started in the country are still being delayed and the cost is increasing.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite the limited resources for infrastructure development, most of the projects initiated by the government are not completed on time, and there are instances where the cost has doubled.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The deadline for the expressway was extended for the first time after it took time to prepare and approve the DPR of this four-lane 72.5 km expressway. Since then, this sequence of contract extensions has been repeating. Contracts have already been awarded for the three tunnels, special-type bridges, etc., considered the complexity in the project. Two Chinese companies have already started work on the tunnel and the bridge. The project is estimated to cost Rs 175 billion, while not even Rs 40 billion have been spent.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17379', 'image' => '20230423033434_fast track.jpg', 'article_date' => '2023-04-23 15:33:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17644', 'article_category_id' => '1', 'title' => 'Himalayan Stock Exchange Files Application for License of New Stock Exchange Company', 'sub_title' => '', 'summary' => 'April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. The Himalayan Stock Exchange Company has applied for the license of the new stock exchange on April 21 within ten days after the regulatory body called for applications. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Tej Prasad Devkota, information officer of the board, informed New Business Age that only one application for stock exchange has been received as of Friday. According to him, no application has been received for commodity exchange by April 21.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the notice issued by the board for applying for the license of a new stock exchange company and commodity exchange, April 23 is the last day for submission. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform. Likewise, the board has also directed that 70 per cent of the ownership of the new stock exchange facility will be of the founders, and 30 per cent by the general public. The investors of Himalayan Reinsurance Company have invested in the Himalayan Stock Exchange.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The company is a joint venture of the Shankar Group, Deepak Bhatt Group, and former presidents of the Federation of Nepalese Chamber of Commerce and Industry Bhawani Rana, Shekhar Golchha, Pashupati Murarka.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, Shatish Moore, former president of the Confederation of Nepalese Industry and head of Lucky Group, Saurabh Jyoti of Jyoti Group and Ashish Shrestha, the official distributor of Mitsubishi vehicles in Nepal, Rohit Gupta, the owner of Shivam Cement and the official distributor of Xiomi Mobile for Nepal, Shashikant Agarwal, the owner of Marriott Hotel, etc. have invested in the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has started the new license distribution process that was postponed since November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">For the new broker license, the board has received 46 applications. The board has received the applications of 46 companies, including 45 new companies and one old company for the broker license. According to the board, the applications received for the broker's license have been reviewed. After completing all the procedures, the board will make preparation to grant broker licenses to all the companies.Based on the capital structure, the board will distribute the broker licenses under three different categories. A minimum of Rs 200 million to a maximum of Rs 1.5 billion million has been set for the new license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The capital structure prescribed by the board for the first-level broker is Rs 200 million with limited scope for buying and selling shares, working as a DP, providing investment consulting services and managing investments. The paid-up capital of the second-tier broker with the full range of margin trading services is Rs 600 million, and Rs 1.5 billion for third-tier stock dealers.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17378', 'image' => '20230423031227_Sebonnn.jpg', 'article_date' => '2023-04-23 15:11:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17643', 'article_category_id' => '1', 'title' => 'Nepal Exports 460K Tons of Cement and Clinker in Nine Months', 'sub_title' => '', 'summary' => 'April 23: Nepal exported 464,331 tons of cement and clinker in the first nine months of the current fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 23: Nepal exported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">464</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">331</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of cement and clinker in the first nine months of the current fiscal year. According to the statistics of the Department of Customs, cement produced in Nepal worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million was exported during this period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data released by the department as of mid-March of the current year, Nepal exported cement and clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">89</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 during this period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the review period, clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">237</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and cement worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">5.9 million were exported from Nepal. During this period, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">272</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">328</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of clinker and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">192</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 tons of cement have been exported from the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two cement industries have been exporting cement to India since the government announced a discount on exports in the current fiscal year's budget. The export of Palpa Cement’s Tansen brand and Arghakhanchi Cement have been exporting their products to India since July 9.</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""> Regular exports</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"">Palpa Cement and Arghakhanchi Cement have said that Nepali cement is being exported to various cities in India. Rajesh Agarwal, the owner of Arghakhanchi Cement Industry, said that although there was some slowdown in exports during the big festivals, they are currently exporting cement on a regular basis.</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"">Argakhanchi brand cement is also being exported to cities in Uttar Pradesh state of India. Palpa Cement started exporting Nepali products to India on July 9 and Argakhanchi Cement started exporting Nepali products to India from October 17.</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 had announced an </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent subsidy on the export of cement, steel and other goods and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent discount on electricity tariff discount for industries that consume electricity more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million annually. This provision was arranged through the budget of the current fiscal year. Procedures have been made for this accordingly.</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"">After the government announced a discount on cement exports, the producers have started export to different cities in India. According to the Cement Manufacturers Association, many cement industries are waiting for the quality certificate for cement export from the Indian government. Nepali cement industry will have to get a quality certificate from the Indian government for exporting cement to India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Cement Manufacturers Association, there are more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cement industries operating in Nepal. About </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> of them have been producing both cement and clinker. It is estimated that the annual production capacity of the cement industry is about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million tons.</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"">Industrialists are excited after getting exemptions in export and electricity tariffs. Besides Palpa and Arghakhanchi cement industries, others including Jagdamba, Best and Solar cement industries are also preparing for export after the government announced the concession.</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 recent survey conducted by the CNI showed that despite the increase in cement exports in the Indian market, most of the industries have reduced their production by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent due to lack of demand in the domestic market.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17377', 'image' => '20230423021343_1682233951.1601854368.Clipboard13.jpg', 'article_date' => '2023-04-23 14:13:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17641', 'article_category_id' => '1', 'title' => 'Google Registered with Nepal’s Tax Office', 'sub_title' => '', 'summary' => 'April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax.', 'content' => '<h2><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"">April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax. Google has been registered in Nepal under the name of its regional office in Singapore.</span></span></span></span></h2> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Internal Revenue Department, EBSCO Inc has also been registered along with Google. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the director general of the department, Dirgharaj Mainali, other companies are also showing interest for registration. Mainali informed New Business Age that they are going to bring other such international companies under the ambit of tax by making the payment system systematic.</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 Ministry of Finance has adopted a policy of collecting digital service tax on the transaction related to electronic services provided by non-resident (foreign) companies or individuals to consumers in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">To implement this policy, a procedure related to Digital Services Tax was introduced in July 2022. Director General Mainali says that with the implementation of the procedure, two international organizations have been registered in Nepal and this has opened the way for other service providers to come under the scope of taxation.</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"">Google and EBSCO Inc will have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total amount earned by providing services to Nepali consumers in Nepal. The government does not have official data about how much annual income Google earns from Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Facebook, Twitter, TikTok, Instagram and other social networks are yet to come under the scope of tax. Not only that, advertisements, movies, television, music, over the top cloud service, gaming, mobile app, online market, software are also being brought under the scope of tax under the Digital Service Tax.</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"">There is a provision in the procedure that those who provide such services should come under the scope of electronic tax and that such taxes should be collected from them.</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"">Electronic service fee will not be charged to those who provide such services and whose business is up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million per year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In recent years, the government has been under pressure to regulate social networks, from the parliamentary committees, Revenue Advisory Committee, and even the auditor general's report.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In its 'Revenue Policy and Tax Reforms Report </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2079/80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">', the Revenue Advisory Committee suggested to the government to bring companies including social networking sites that provide digital services to Nepalis under the ambit of taxation and to implement a system of doing business only by deducting tax in advance.</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 report of the Auditor General's Office also asked the government to strictly regulate social media and bring it under the scope of revenue.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17376', 'image' => '20230423125347_1682231084.social-media-crime-punishment-techpana.jpg', 'article_date' => '2023-04-23 12:53:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17642', 'article_category_id' => '1', 'title' => 'EC Seeks Clarification from Madhesh CM Yadav', 'sub_title' => '', 'summary' => 'April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC said that the Chief Minister's visit to the Pacharauta Municipality was against the election code of conduct when the House of Representatives (HoR) by-election was underway in the Bara electoral constituency-2. </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 EC said that the chief minister's visit was not permitted and it is capable of adversely affecting the impartiality of the election </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the 24-hour clarification, the chief minister was asked to clarify whether the vehicle he used during the visit had a white number plate and security arrangements for the visit were managed by the government level, whether his move was proper to his post and violated the election code of conduct and whether he deserved the action in accordance with the Election Commission Act, 2079 BS for the violation of Code of Conduct, according to EC under-secretary Kamal Gyawali. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17375', 'image' => '20230423015650_1682229450.Election 4.jpg', 'article_date' => '2023-04-23 13:56:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17640', 'article_category_id' => '1', 'title' => 'Transport Entrepreneurs Halt Cargo Service along Araniko Highway ', 'sub_title' => '', 'summary' => 'April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last Tuesday, the District Administration Office, Kavre had directed transport entrepreneurs and stakeholders to weigh the cargo following a circular from the Ministry of Home Affairs to operate load weighing centres in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Load weighing centres have been established at Keraghari in Panchkhal Municipality, Naikintar in Panauti and Bhakunde in Namobuddha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the guidelines, more than six wheeled-cargo vehicles must mandatorily carry a recommended capacity of load. </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 government has fixed the charge of Rs 150 per vehicle for weighing load at the load weighing centres. Freight service has come to a halt for the past two days following the protest of the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the protest, police personnel in a large group have been deployed at all load weighing centres, said Superintendent of Police Bhagya Purush Dhakal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17374', 'image' => '20230423120554_20230219013913_20220831041752_dhulikhel.jpg', 'article_date' => '2023-04-23 12:05:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17639', 'article_category_id' => '1', 'title' => '903 Climbers Granted Permits to Climb Mountains this Season', 'sub_title' => '', 'summary' => 'April 23: With the onset of the spring season of 2023, the number of climbers seeking permission to climb Mount Everest 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"">April 23: With the onset of the spring season of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the number of climbers seeking permission to climb Mount Everest 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"">According to the Department of Tourism, mountaineers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> countries, including Nepal, have taken permission to climb Mount Everest so far this season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The department has granted permission to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">396</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people, including </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> women, to climb Mount Everest this season. The mountaineers must climb Mount Everest within </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">75</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> days of obtaining the permit. Climbers especially prefer to climb Mt Everest in spring, when the weather is favourable. </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 department has also issued permits for climbing other mountains and snow peaks above </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> meters.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This season, the department has collected royalties of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">553</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million by issuing climbing permits for Everest. The department has collected a total of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">644.48</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million revenue by issuing permits to climb </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> mountains and peaks including Everest. As climbers have to pay more revenue for climbing Everest compared to other mountain peaks, the income from Everest is higher.</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"">903</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have received permits for climbing from the department this season. Lhotse is the most popular mountain after Everest. According to the department, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have taken permission to climb Lhotse.</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 department has given permission to climb Annapurna, Surmasarovar, Pangri Goldumba, Manaslu, Thorong Peak, Barun Tse, Nuptse, Himalung Himal, Dhaulagiri, Thapa Peak, Amadablam, Makalu, Arniko Chuli, Pumori among others.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17373', 'image' => '20230423111605_1682214759.mount everest.jpg', 'article_date' => '2023-04-23 11:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17638', 'article_category_id' => '1', 'title' => 'Tanahun DAO Closes Prithivi Highway for by-election at Tanahun Constituency-1 ', 'sub_title' => '', 'summary' => 'As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.', 'content' => '<p><span style="font-size:20px"> April 23: As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.</span></p> <p><span style="font-size:20px">Local roads from Muglin bridge to Chapaghat of Byash Municipality, Dumre Besishar road section, Aanbukhaireni Gorkha road section, Damauli Duipiple road, among others, will also be closed during this time. </span></p> <p><span style="font-size:20px">Only vehicles carrying essential services such as firefighters, water tankers, waste disposal vehicles, hospital staff, and journalists with a press pass will be permitted.</span></p> <p><span style="font-size:20px">Additionally, night buses that pass through Tanahun are advised to cross Tanahun before 4:00 am on Sunday. This measure is aimed at ensuring a smooth and secure by-election process in Tanahun constituency-1.</span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17372', 'image' => '20230423063043_collage (91).jpg', 'article_date' => '2023-04-23 06:28:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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' => '17652', 'article_category_id' => '1', 'title' => 'Impact of Westerly and Local Winds bring Rainfall Today', 'sub_title' => '', 'summary' => 'April 24: The country is currently witnessing the influence of Westerly winds and the local wind. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The country is currently witnessing the influence of Westerly winds and the local wind. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has caused rainfall in some parts of Sudurapschim Province, Karnali Province, Gandaki Province and Bagmati Province with partial to general changes in weather across the country, according to the Weather Forecasting Division. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light and brief rainfall with thunders and lightning in some areas this afternoon with partial to general changes across the country. It is predicted that some parts of Terai would see strong wind today. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the night time also, there is a chance of light and brief rain with thunders and lightning in some parts of mountainous belt with weather changes in Lumbini, Gandaki, Karnali and Sudurpaschim provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, Kathmandu will see minimum temperature of 13 degrees Celcius and maximum of 28 degrees Celsius. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17386', 'image' => '20230424110954_rainfallll.jpg', 'article_date' => '2023-04-24 11:09:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17651', 'article_category_id' => '1', 'title' => 'Nepal's Urban Population Reaches 66.2 Percent ', 'sub_title' => '', 'summary' => 'April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Releasing the municipality and rural municipality-level data, the Central Statistics Office (CSO) on Sunday stated that the urban population in Nepal is slightly more than 19.29 million while the rural population is over 9.86 million. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Census 2011, the urban population in the country was just 17.1 percent ten years ago. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the geographical belt, the urban population in the mountainous region is 35.6 per cent while the rural population is 64.4 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, 63.3 per cent people in the hill region reside in municipalities while 36.7 per cent people live in the rural municipality in the hills. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are 71.8 per cent people as city dwellers in the Tarai region while 28.2 per cent people are the dwellers of the rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The average population growth rate during the census period is 0.92 perent per year against 1.35 per cent in the previous census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While the average annual population growth in municipality is 1.36 percent, the average annual population growth in rural municipality is 0.11 percent per year this census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The density of population as per the 2021 census is 198 per square kilometer which was 180 per square kilometer in 2011. The density of population in municipality is 373 per square kilometer while it is 105 per square kilometer in rural municipality in 2021. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 households residing in Nepal, 4,479,662 families live in municipalities while remaining others live in rural municipalities, the 2021 census shows. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In Nepal, the average member number per family is 4.37 in total. In terms of municipality, average family member number is 4.31 per family and 4.51 per family in rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Geographically, the average family member number per family in mountainous municipality is 4.23, 3.90 in hill municipalities and 4.63 in Terai municipalities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the average family member per family in rural municipalities in mountainous region is 4.38, 4.14 in the hill region and 4.99 in Tarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 families recorded during the 2021 census, the head of the family was male in 68.5 per cent of families while 31.5 per cent were female as the head. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Municipality-wise, males were the head of the family in 67.2 per cent families in municipalities while females were the head in 32.8 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, males were the head of the family in 71.1 per cent families in rural municipalities while 28.9 per cent families had females as their head. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17385', 'image' => '20230424072846_Kathmandu Valley.jpg', 'article_date' => '2023-04-24 07:28:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17650', 'article_category_id' => '1', 'title' => 'Neco Insurance Makes a Payment of 70% of Claims in Nine Months ', 'sub_title' => '', 'summary' => 'Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. ', 'content' => '<p><span style="font-size:18px">April 24: Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. </span></p> <p><span style="font-size:18px">In the current fiscal year 2022/23, the company had 3973 claims to pay and has made payment for 70% of all claims, including new ones, within the first nine months. This demonstrates the company's commitment to making the payment process fast and easy for its customers.</span></p> <p><span style="font-size:18px">The company has paid out Rs 100 million to claims related to agriculture alone. Additionally, the company has made a payment of Rs 1.27 billion to 8,959 claims within the first nine months of the current fiscal year.</span></p> <p><span style="font-size:18px">The company has reminded claimants to furnish necessary documents to expedite the payment process. <br /> Neco Insurance Limited remains dedicated to providing quality insurance service and simplifying the payment process for its valued customers.</span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17384', 'image' => '20230424070748_collage (93).jpg', 'article_date' => '2023-04-24 07:05:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17649', 'article_category_id' => '1', 'title' => 'SEBON Receives Multiple Applications for New Stock Exchange and Commodity Exchange Market Licenses', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">April 24: The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Three private companies, the Himalayan Stock Exchange, National Stock Exchange of Nepal, and Annapurna Stock Exchange Limited, have applied for the license to operate the new stock exchange. </span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only one of the companies will be granted a license to operate the new stock exchange.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Likewise, four private companies, Himalayan Commodities and Derivatives Exchange Limited, Multi Derivatives Exchange Limited, Multi Assets and Derivatives Exchange Limited, and Nepal Multi Commodity Exchange Limited, have applied for licenses to operate the commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only two of these companies will be granted licenses to operate the commodity exchange market.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON had called for applications for one new stock exchange company and two commodity exchanges on April 13, with the deadline for applications on April 23.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON has started the new license distribution process that was postponed since November 1, 2022.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform, with 70% of the ownership of the new stock exchange facility to be held by the founders and 30% by the general public. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Additionally, NEPSE has set a paid-up capital requirement of not less than Rs 500 million for the new commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Former presidents of the Federation of Nepalese Chambers of Commerce & Industry (FNCCI), Pashupati Murarka, Bhawani Rana, Shekhar Golchha, and the directors of the Himalayan Reinsurance Company are among the major investors in the Himalayan Stock Exchange. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">In the same manner, Siddharth Group and Agni Group, which include past Non-Resident Nepali Association presidents Upendra Mahato, Jiba Lamichhane, current president Dr. Badri KC, and Kul Acharya, are the largest investors on the National Stock Exchange.</span> </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Annapurna Media House’s Proprietor Captain Rameswor Thapa has a major stake in Annapurna Stock Exchange. Surendraraj Wagle, Anil Sapkota, Prakash Kumar Shrestha, Ganesh Kumar Shrestha, and Sekhar Subedi are other major investors in the company. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The applications for the licenses of stock exchange and commodity market suggest that big corporate houses are vying for the license in a tough manner.</span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif"> The Board has sole discretion to accept or reject any and all applications received in accordance with the notice. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">With receipt of applications, the SEBON will evaluate them and grant a license to operate a stock exchange and two licenses to run commodity exchange markets.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17383', 'image' => '20230424060920_collage (92).jpg', 'article_date' => '2023-04-24 06:03:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '17647', 'article_category_id' => '1', 'title' => 'Voter Turnout for By-Election 60 Percent: EC ', 'sub_title' => '', 'summary' => 'April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. According to the Election Commission, the voter turnout was around 60 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to preliminary details, the voter turnout stands at 60 per cent on average in all three constituencies- Bara-2, Chitwan-2 and Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In constituency 2 of Bara, voter turnout remained at 64 per cent, in Chitwan-2 it was 63 per cent and in Tanahu-1, it was 53 per cent, the commission said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There were altogether 353,247 eligible voters in the three constituencies, according to the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the parliamentary election on November 20 last year, 63.56 per cent votes were cast in Bara-2, 67.63 per cent in Chitwan-2 and 54.03 per cent in Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ballot papers will be transported from the constituencies to the office of the Chief Returning Officer from the evening till 11:00 pm. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting will begin as per the directive of the commission and in consensus with the political parties and candidates contesting the by-election and the results announced by April 25, informed Kamal Gyawali, under-secretary at the commission. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17382', 'image' => '20230423095241_BKM_Parsa-2.jpg', 'article_date' => '2023-04-23 21:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17648', 'article_category_id' => '1', 'title' => 'Cheetah Spreading Terror in and around TU Area Caught ', 'sub_title' => '', 'summary' => 'April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning. It is said that people travelling in vehicles in the morning and evening on the road passing through the TU campus used to encounter the cheetah. The wild cat had also attacked some pedestrians. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The cheetah was caught in a trap on Sunday morning near the TU Service Commission office. Deputy Superintendent of the Metropolitan Police Circle, Kritipur, Raju Lama said the cheetah had attacked an Assistant Sub-Inspector at the Circle on April 8. It had bumped with a motorcycle going towards Kirtipur via the TU Road around a month back. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to TU Central Campus Principal Gyanendra Rai, the locals and TU employees had been under the risk posed by the cheetah since about a year ago. Bodies related to wildlife had placed a trap following complaints. However, the cheetah escaped getting trapped and the trap was shifted to another place after some time. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rai said the trap was placed at the present location sometimes back. In his view, the reasons for the cheetah frequenting TU area is because there is forest nearby and the presence of thickets at various places in the TU compound. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Cheetah frequents the TU area to kill the stray cattle and their calves, and dogs which are found roaming the TU precincts. This has increased the chances of human-wildlife conflict," he said. He added that the agency looking after wildlife has been informed of the trapped cheetah and it would be handed over to the body concerned in the witness of Naresh Maharjan, the chair of Kirtipur Municipality, Ward No 10. </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"">Rai, the TU Central Campus principal, said they are clearing the bushes on the TU premises and installing lights at all places where there is movement of people to prevent cheetah's movement inside the university compound. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17381', 'image' => '20230423095345_chitwaphasepasoma.jpg', 'article_date' => '2023-04-23 21:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17646', 'article_category_id' => '1', 'title' => ' Lumbini Prepares for Buddha Jayanti Celebrations ', 'sub_title' => '', 'summary' => 'April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. The day also coincides with the Lumbini Day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Lumbini Development Trust (LDT) has already formed the Buddha Jayanti main management committee and other various sub-committees to observe the day in a grand manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The main celebration committee is coordinated by LDT vice chair Vikkhu Awadesh Kumar Tripathi and the sub-committees are the Security and Volunteer Sub-committee coordinated by LDT member secretary Sanu Raja Shakya, the Dissemination Sub-committee coordinated by LDT treasurer Siddhicharan Bhattarai and the Hall, Sanitation and Tree Transplantation Sub-committee coordinated by LDT planning chief Saroj Bhattarai. Besides these, other various sub-committees have been also formed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According LDT member secretary Shakya, Prime Minister Pushpa Kamal Dahal will be addressing a formal session of the Buddha Jayanti celebrations and the preparations are going on accordingly. Ambassadors of various nations to Nepal have been invited to the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">LDT treasurer Siddhi Charan Bhattarai said that Rs 10 million has been earmarked for the programme to be organized on the occasion of Buddha Jayanti. The Buddha Jayanti is also celebrated as the day when the Buddha was born, got enlightenment and attained salvation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Siddhartha Gautam who is known as Gautam Buddha after his enlightenment was born on the full moon day in the month of Baishak in 623 BC. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17380', 'image' => '20230423063402_LumbiniRSS.jpg', 'article_date' => '2023-04-23 18:33:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17645', 'article_category_id' => '1', 'title' => 'Deadline of Fast Track Extended by more than Two Years', 'sub_title' => '', 'summary' => 'April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). However, even half of the work has not been completed after six years of the handover. On top of it, the government has extended the deadline till Chaitra 2083 even as the deadline for the project is about to expire.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It may be noted that the Nepalese Army had held a press conference on Bhadra 12, 2076 and announced that the expressway would be ready in three and a half years' time. However, the project is nowhere near completion and the contract has been extended again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Since the project was handed over to the army, only 22 and a half per cent of physical progress has been made. The army has said that it is managing the project with the financial progress of 23.5 per cent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Secretary Tulsi Prasad Sitaula argues that it is not appropriate to extend the deadline several times, when not even two-thirds of the work is completed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Nepalese Army only has the experience of opening tracks and blasting mountains," said Sitaula. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now it is necessary to review the project, he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Prasad Bhandari, the spokesperson of the Nepalese Army, said that since the deadline of the project is yet to expire, the army will work according to the goal of completing it as soon as possible. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"When the work was interrupted due to Covid-19, the government extended the deadline for other projects, but did not extend the contract of the expressway," he said, "At that time, there was no work, the land dispute of Khokna remained the same, and the deadline was extended because a detailed project report (DPR) and environmental impact assessment were required.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The army is working on this project by dividing it into 11 packages. Out of that, only seven packages have been managed. The land dispute of Khokna, the starting point of the expressway, has not been resolved yet. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government has not done an environmental impact assessment yet in some regions. The big and game-changer projects started in the country are still being delayed and the cost is increasing.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite the limited resources for infrastructure development, most of the projects initiated by the government are not completed on time, and there are instances where the cost has doubled.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The deadline for the expressway was extended for the first time after it took time to prepare and approve the DPR of this four-lane 72.5 km expressway. Since then, this sequence of contract extensions has been repeating. Contracts have already been awarded for the three tunnels, special-type bridges, etc., considered the complexity in the project. Two Chinese companies have already started work on the tunnel and the bridge. The project is estimated to cost Rs 175 billion, while not even Rs 40 billion have been spent.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17379', 'image' => '20230423033434_fast track.jpg', 'article_date' => '2023-04-23 15:33:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17644', 'article_category_id' => '1', 'title' => 'Himalayan Stock Exchange Files Application for License of New Stock Exchange Company', 'sub_title' => '', 'summary' => 'April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. The Himalayan Stock Exchange Company has applied for the license of the new stock exchange on April 21 within ten days after the regulatory body called for applications. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Tej Prasad Devkota, information officer of the board, informed New Business Age that only one application for stock exchange has been received as of Friday. According to him, no application has been received for commodity exchange by April 21.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the notice issued by the board for applying for the license of a new stock exchange company and commodity exchange, April 23 is the last day for submission. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform. Likewise, the board has also directed that 70 per cent of the ownership of the new stock exchange facility will be of the founders, and 30 per cent by the general public. The investors of Himalayan Reinsurance Company have invested in the Himalayan Stock Exchange.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The company is a joint venture of the Shankar Group, Deepak Bhatt Group, and former presidents of the Federation of Nepalese Chamber of Commerce and Industry Bhawani Rana, Shekhar Golchha, Pashupati Murarka.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, Shatish Moore, former president of the Confederation of Nepalese Industry and head of Lucky Group, Saurabh Jyoti of Jyoti Group and Ashish Shrestha, the official distributor of Mitsubishi vehicles in Nepal, Rohit Gupta, the owner of Shivam Cement and the official distributor of Xiomi Mobile for Nepal, Shashikant Agarwal, the owner of Marriott Hotel, etc. have invested in the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has started the new license distribution process that was postponed since November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">For the new broker license, the board has received 46 applications. The board has received the applications of 46 companies, including 45 new companies and one old company for the broker license. According to the board, the applications received for the broker's license have been reviewed. After completing all the procedures, the board will make preparation to grant broker licenses to all the companies.Based on the capital structure, the board will distribute the broker licenses under three different categories. A minimum of Rs 200 million to a maximum of Rs 1.5 billion million has been set for the new license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The capital structure prescribed by the board for the first-level broker is Rs 200 million with limited scope for buying and selling shares, working as a DP, providing investment consulting services and managing investments. The paid-up capital of the second-tier broker with the full range of margin trading services is Rs 600 million, and Rs 1.5 billion for third-tier stock dealers.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17378', 'image' => '20230423031227_Sebonnn.jpg', 'article_date' => '2023-04-23 15:11:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17643', 'article_category_id' => '1', 'title' => 'Nepal Exports 460K Tons of Cement and Clinker in Nine Months', 'sub_title' => '', 'summary' => 'April 23: Nepal exported 464,331 tons of cement and clinker in the first nine months of the current fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 23: Nepal exported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">464</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">331</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of cement and clinker in the first nine months of the current fiscal year. According to the statistics of the Department of Customs, cement produced in Nepal worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million was exported during this period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data released by the department as of mid-March of the current year, Nepal exported cement and clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">89</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 during this period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the review period, clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">237</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and cement worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">5.9 million were exported from Nepal. During this period, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">272</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">328</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of clinker and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">192</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 tons of cement have been exported from the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two cement industries have been exporting cement to India since the government announced a discount on exports in the current fiscal year's budget. The export of Palpa Cement’s Tansen brand and Arghakhanchi Cement have been exporting their products to India since July 9.</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""> Regular exports</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"">Palpa Cement and Arghakhanchi Cement have said that Nepali cement is being exported to various cities in India. Rajesh Agarwal, the owner of Arghakhanchi Cement Industry, said that although there was some slowdown in exports during the big festivals, they are currently exporting cement on a regular basis.</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"">Argakhanchi brand cement is also being exported to cities in Uttar Pradesh state of India. Palpa Cement started exporting Nepali products to India on July 9 and Argakhanchi Cement started exporting Nepali products to India from October 17.</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 had announced an </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent subsidy on the export of cement, steel and other goods and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent discount on electricity tariff discount for industries that consume electricity more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million annually. This provision was arranged through the budget of the current fiscal year. Procedures have been made for this accordingly.</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"">After the government announced a discount on cement exports, the producers have started export to different cities in India. According to the Cement Manufacturers Association, many cement industries are waiting for the quality certificate for cement export from the Indian government. Nepali cement industry will have to get a quality certificate from the Indian government for exporting cement to India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Cement Manufacturers Association, there are more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cement industries operating in Nepal. About </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> of them have been producing both cement and clinker. It is estimated that the annual production capacity of the cement industry is about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million tons.</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"">Industrialists are excited after getting exemptions in export and electricity tariffs. Besides Palpa and Arghakhanchi cement industries, others including Jagdamba, Best and Solar cement industries are also preparing for export after the government announced the concession.</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 recent survey conducted by the CNI showed that despite the increase in cement exports in the Indian market, most of the industries have reduced their production by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent due to lack of demand in the domestic market.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17377', 'image' => '20230423021343_1682233951.1601854368.Clipboard13.jpg', 'article_date' => '2023-04-23 14:13:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17641', 'article_category_id' => '1', 'title' => 'Google Registered with Nepal’s Tax Office', 'sub_title' => '', 'summary' => 'April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax.', 'content' => '<h2><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"">April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax. Google has been registered in Nepal under the name of its regional office in Singapore.</span></span></span></span></h2> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Internal Revenue Department, EBSCO Inc has also been registered along with Google. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the director general of the department, Dirgharaj Mainali, other companies are also showing interest for registration. Mainali informed New Business Age that they are going to bring other such international companies under the ambit of tax by making the payment system systematic.</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 Ministry of Finance has adopted a policy of collecting digital service tax on the transaction related to electronic services provided by non-resident (foreign) companies or individuals to consumers in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">To implement this policy, a procedure related to Digital Services Tax was introduced in July 2022. Director General Mainali says that with the implementation of the procedure, two international organizations have been registered in Nepal and this has opened the way for other service providers to come under the scope of taxation.</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"">Google and EBSCO Inc will have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total amount earned by providing services to Nepali consumers in Nepal. The government does not have official data about how much annual income Google earns from Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Facebook, Twitter, TikTok, Instagram and other social networks are yet to come under the scope of tax. Not only that, advertisements, movies, television, music, over the top cloud service, gaming, mobile app, online market, software are also being brought under the scope of tax under the Digital Service Tax.</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"">There is a provision in the procedure that those who provide such services should come under the scope of electronic tax and that such taxes should be collected from them.</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"">Electronic service fee will not be charged to those who provide such services and whose business is up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million per year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In recent years, the government has been under pressure to regulate social networks, from the parliamentary committees, Revenue Advisory Committee, and even the auditor general's report.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In its 'Revenue Policy and Tax Reforms Report </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2079/80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">', the Revenue Advisory Committee suggested to the government to bring companies including social networking sites that provide digital services to Nepalis under the ambit of taxation and to implement a system of doing business only by deducting tax in advance.</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 report of the Auditor General's Office also asked the government to strictly regulate social media and bring it under the scope of revenue.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17376', 'image' => '20230423125347_1682231084.social-media-crime-punishment-techpana.jpg', 'article_date' => '2023-04-23 12:53:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17642', 'article_category_id' => '1', 'title' => 'EC Seeks Clarification from Madhesh CM Yadav', 'sub_title' => '', 'summary' => 'April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC said that the Chief Minister's visit to the Pacharauta Municipality was against the election code of conduct when the House of Representatives (HoR) by-election was underway in the Bara electoral constituency-2. </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 EC said that the chief minister's visit was not permitted and it is capable of adversely affecting the impartiality of the election </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the 24-hour clarification, the chief minister was asked to clarify whether the vehicle he used during the visit had a white number plate and security arrangements for the visit were managed by the government level, whether his move was proper to his post and violated the election code of conduct and whether he deserved the action in accordance with the Election Commission Act, 2079 BS for the violation of Code of Conduct, according to EC under-secretary Kamal Gyawali. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17375', 'image' => '20230423015650_1682229450.Election 4.jpg', 'article_date' => '2023-04-23 13:56:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17640', 'article_category_id' => '1', 'title' => 'Transport Entrepreneurs Halt Cargo Service along Araniko Highway ', 'sub_title' => '', 'summary' => 'April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last Tuesday, the District Administration Office, Kavre had directed transport entrepreneurs and stakeholders to weigh the cargo following a circular from the Ministry of Home Affairs to operate load weighing centres in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Load weighing centres have been established at Keraghari in Panchkhal Municipality, Naikintar in Panauti and Bhakunde in Namobuddha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the guidelines, more than six wheeled-cargo vehicles must mandatorily carry a recommended capacity of load. </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 government has fixed the charge of Rs 150 per vehicle for weighing load at the load weighing centres. Freight service has come to a halt for the past two days following the protest of the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the protest, police personnel in a large group have been deployed at all load weighing centres, said Superintendent of Police Bhagya Purush Dhakal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17374', 'image' => '20230423120554_20230219013913_20220831041752_dhulikhel.jpg', 'article_date' => '2023-04-23 12:05:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17639', 'article_category_id' => '1', 'title' => '903 Climbers Granted Permits to Climb Mountains this Season', 'sub_title' => '', 'summary' => 'April 23: With the onset of the spring season of 2023, the number of climbers seeking permission to climb Mount Everest 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"">April 23: With the onset of the spring season of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the number of climbers seeking permission to climb Mount Everest 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"">According to the Department of Tourism, mountaineers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> countries, including Nepal, have taken permission to climb Mount Everest so far this season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The department has granted permission to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">396</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people, including </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> women, to climb Mount Everest this season. The mountaineers must climb Mount Everest within </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">75</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> days of obtaining the permit. Climbers especially prefer to climb Mt Everest in spring, when the weather is favourable. </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 department has also issued permits for climbing other mountains and snow peaks above </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> meters.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This season, the department has collected royalties of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">553</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million by issuing climbing permits for Everest. The department has collected a total of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">644.48</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million revenue by issuing permits to climb </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> mountains and peaks including Everest. As climbers have to pay more revenue for climbing Everest compared to other mountain peaks, the income from Everest is higher.</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"">903</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have received permits for climbing from the department this season. Lhotse is the most popular mountain after Everest. According to the department, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have taken permission to climb Lhotse.</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 department has given permission to climb Annapurna, Surmasarovar, Pangri Goldumba, Manaslu, Thorong Peak, Barun Tse, Nuptse, Himalung Himal, Dhaulagiri, Thapa Peak, Amadablam, Makalu, Arniko Chuli, Pumori among others.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17373', 'image' => '20230423111605_1682214759.mount everest.jpg', 'article_date' => '2023-04-23 11:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17638', 'article_category_id' => '1', 'title' => 'Tanahun DAO Closes Prithivi Highway for by-election at Tanahun Constituency-1 ', 'sub_title' => '', 'summary' => 'As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.', 'content' => '<p><span style="font-size:20px"> April 23: As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.</span></p> <p><span style="font-size:20px">Local roads from Muglin bridge to Chapaghat of Byash Municipality, Dumre Besishar road section, Aanbukhaireni Gorkha road section, Damauli Duipiple road, among others, will also be closed during this time. </span></p> <p><span style="font-size:20px">Only vehicles carrying essential services such as firefighters, water tankers, waste disposal vehicles, hospital staff, and journalists with a press pass will be permitted.</span></p> <p><span style="font-size:20px">Additionally, night buses that pass through Tanahun are advised to cross Tanahun before 4:00 am on Sunday. This measure is aimed at ensuring a smooth and secure by-election process in Tanahun constituency-1.</span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17372', 'image' => '20230423063043_collage (91).jpg', 'article_date' => '2023-04-23 06:28:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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' => '17652', 'article_category_id' => '1', 'title' => 'Impact of Westerly and Local Winds bring Rainfall Today', 'sub_title' => '', 'summary' => 'April 24: The country is currently witnessing the influence of Westerly winds and the local wind. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The country is currently witnessing the influence of Westerly winds and the local wind. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has caused rainfall in some parts of Sudurapschim Province, Karnali Province, Gandaki Province and Bagmati Province with partial to general changes in weather across the country, according to the Weather Forecasting Division. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light and brief rainfall with thunders and lightning in some areas this afternoon with partial to general changes across the country. It is predicted that some parts of Terai would see strong wind today. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the night time also, there is a chance of light and brief rain with thunders and lightning in some parts of mountainous belt with weather changes in Lumbini, Gandaki, Karnali and Sudurpaschim provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, Kathmandu will see minimum temperature of 13 degrees Celcius and maximum of 28 degrees Celsius. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17386', 'image' => '20230424110954_rainfallll.jpg', 'article_date' => '2023-04-24 11:09:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17651', 'article_category_id' => '1', 'title' => 'Nepal's Urban Population Reaches 66.2 Percent ', 'sub_title' => '', 'summary' => 'April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Releasing the municipality and rural municipality-level data, the Central Statistics Office (CSO) on Sunday stated that the urban population in Nepal is slightly more than 19.29 million while the rural population is over 9.86 million. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Census 2011, the urban population in the country was just 17.1 percent ten years ago. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the geographical belt, the urban population in the mountainous region is 35.6 per cent while the rural population is 64.4 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, 63.3 per cent people in the hill region reside in municipalities while 36.7 per cent people live in the rural municipality in the hills. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are 71.8 per cent people as city dwellers in the Tarai region while 28.2 per cent people are the dwellers of the rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The average population growth rate during the census period is 0.92 perent per year against 1.35 per cent in the previous census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While the average annual population growth in municipality is 1.36 percent, the average annual population growth in rural municipality is 0.11 percent per year this census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The density of population as per the 2021 census is 198 per square kilometer which was 180 per square kilometer in 2011. The density of population in municipality is 373 per square kilometer while it is 105 per square kilometer in rural municipality in 2021. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 households residing in Nepal, 4,479,662 families live in municipalities while remaining others live in rural municipalities, the 2021 census shows. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In Nepal, the average member number per family is 4.37 in total. In terms of municipality, average family member number is 4.31 per family and 4.51 per family in rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Geographically, the average family member number per family in mountainous municipality is 4.23, 3.90 in hill municipalities and 4.63 in Terai municipalities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the average family member per family in rural municipalities in mountainous region is 4.38, 4.14 in the hill region and 4.99 in Tarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 families recorded during the 2021 census, the head of the family was male in 68.5 per cent of families while 31.5 per cent were female as the head. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Municipality-wise, males were the head of the family in 67.2 per cent families in municipalities while females were the head in 32.8 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, males were the head of the family in 71.1 per cent families in rural municipalities while 28.9 per cent families had females as their head. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17385', 'image' => '20230424072846_Kathmandu Valley.jpg', 'article_date' => '2023-04-24 07:28:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17650', 'article_category_id' => '1', 'title' => 'Neco Insurance Makes a Payment of 70% of Claims in Nine Months ', 'sub_title' => '', 'summary' => 'Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. ', 'content' => '<p><span style="font-size:18px">April 24: Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. </span></p> <p><span style="font-size:18px">In the current fiscal year 2022/23, the company had 3973 claims to pay and has made payment for 70% of all claims, including new ones, within the first nine months. This demonstrates the company's commitment to making the payment process fast and easy for its customers.</span></p> <p><span style="font-size:18px">The company has paid out Rs 100 million to claims related to agriculture alone. Additionally, the company has made a payment of Rs 1.27 billion to 8,959 claims within the first nine months of the current fiscal year.</span></p> <p><span style="font-size:18px">The company has reminded claimants to furnish necessary documents to expedite the payment process. <br /> Neco Insurance Limited remains dedicated to providing quality insurance service and simplifying the payment process for its valued customers.</span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17384', 'image' => '20230424070748_collage (93).jpg', 'article_date' => '2023-04-24 07:05:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17649', 'article_category_id' => '1', 'title' => 'SEBON Receives Multiple Applications for New Stock Exchange and Commodity Exchange Market Licenses', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">April 24: The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Three private companies, the Himalayan Stock Exchange, National Stock Exchange of Nepal, and Annapurna Stock Exchange Limited, have applied for the license to operate the new stock exchange. </span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only one of the companies will be granted a license to operate the new stock exchange.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Likewise, four private companies, Himalayan Commodities and Derivatives Exchange Limited, Multi Derivatives Exchange Limited, Multi Assets and Derivatives Exchange Limited, and Nepal Multi Commodity Exchange Limited, have applied for licenses to operate the commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only two of these companies will be granted licenses to operate the commodity exchange market.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON had called for applications for one new stock exchange company and two commodity exchanges on April 13, with the deadline for applications on April 23.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON has started the new license distribution process that was postponed since November 1, 2022.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform, with 70% of the ownership of the new stock exchange facility to be held by the founders and 30% by the general public. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Additionally, NEPSE has set a paid-up capital requirement of not less than Rs 500 million for the new commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Former presidents of the Federation of Nepalese Chambers of Commerce & Industry (FNCCI), Pashupati Murarka, Bhawani Rana, Shekhar Golchha, and the directors of the Himalayan Reinsurance Company are among the major investors in the Himalayan Stock Exchange. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">In the same manner, Siddharth Group and Agni Group, which include past Non-Resident Nepali Association presidents Upendra Mahato, Jiba Lamichhane, current president Dr. Badri KC, and Kul Acharya, are the largest investors on the National Stock Exchange.</span> </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Annapurna Media House’s Proprietor Captain Rameswor Thapa has a major stake in Annapurna Stock Exchange. Surendraraj Wagle, Anil Sapkota, Prakash Kumar Shrestha, Ganesh Kumar Shrestha, and Sekhar Subedi are other major investors in the company. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The applications for the licenses of stock exchange and commodity market suggest that big corporate houses are vying for the license in a tough manner.</span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif"> The Board has sole discretion to accept or reject any and all applications received in accordance with the notice. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">With receipt of applications, the SEBON will evaluate them and grant a license to operate a stock exchange and two licenses to run commodity exchange markets.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17383', 'image' => '20230424060920_collage (92).jpg', 'article_date' => '2023-04-24 06:03:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '17647', 'article_category_id' => '1', 'title' => 'Voter Turnout for By-Election 60 Percent: EC ', 'sub_title' => '', 'summary' => 'April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. According to the Election Commission, the voter turnout was around 60 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to preliminary details, the voter turnout stands at 60 per cent on average in all three constituencies- Bara-2, Chitwan-2 and Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In constituency 2 of Bara, voter turnout remained at 64 per cent, in Chitwan-2 it was 63 per cent and in Tanahu-1, it was 53 per cent, the commission said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There were altogether 353,247 eligible voters in the three constituencies, according to the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the parliamentary election on November 20 last year, 63.56 per cent votes were cast in Bara-2, 67.63 per cent in Chitwan-2 and 54.03 per cent in Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ballot papers will be transported from the constituencies to the office of the Chief Returning Officer from the evening till 11:00 pm. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting will begin as per the directive of the commission and in consensus with the political parties and candidates contesting the by-election and the results announced by April 25, informed Kamal Gyawali, under-secretary at the commission. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17382', 'image' => '20230423095241_BKM_Parsa-2.jpg', 'article_date' => '2023-04-23 21:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17648', 'article_category_id' => '1', 'title' => 'Cheetah Spreading Terror in and around TU Area Caught ', 'sub_title' => '', 'summary' => 'April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning. It is said that people travelling in vehicles in the morning and evening on the road passing through the TU campus used to encounter the cheetah. The wild cat had also attacked some pedestrians. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The cheetah was caught in a trap on Sunday morning near the TU Service Commission office. Deputy Superintendent of the Metropolitan Police Circle, Kritipur, Raju Lama said the cheetah had attacked an Assistant Sub-Inspector at the Circle on April 8. It had bumped with a motorcycle going towards Kirtipur via the TU Road around a month back. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to TU Central Campus Principal Gyanendra Rai, the locals and TU employees had been under the risk posed by the cheetah since about a year ago. Bodies related to wildlife had placed a trap following complaints. However, the cheetah escaped getting trapped and the trap was shifted to another place after some time. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rai said the trap was placed at the present location sometimes back. In his view, the reasons for the cheetah frequenting TU area is because there is forest nearby and the presence of thickets at various places in the TU compound. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Cheetah frequents the TU area to kill the stray cattle and their calves, and dogs which are found roaming the TU precincts. This has increased the chances of human-wildlife conflict," he said. He added that the agency looking after wildlife has been informed of the trapped cheetah and it would be handed over to the body concerned in the witness of Naresh Maharjan, the chair of Kirtipur Municipality, Ward No 10. </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"">Rai, the TU Central Campus principal, said they are clearing the bushes on the TU premises and installing lights at all places where there is movement of people to prevent cheetah's movement inside the university compound. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17381', 'image' => '20230423095345_chitwaphasepasoma.jpg', 'article_date' => '2023-04-23 21:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17646', 'article_category_id' => '1', 'title' => ' Lumbini Prepares for Buddha Jayanti Celebrations ', 'sub_title' => '', 'summary' => 'April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. The day also coincides with the Lumbini Day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Lumbini Development Trust (LDT) has already formed the Buddha Jayanti main management committee and other various sub-committees to observe the day in a grand manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The main celebration committee is coordinated by LDT vice chair Vikkhu Awadesh Kumar Tripathi and the sub-committees are the Security and Volunteer Sub-committee coordinated by LDT member secretary Sanu Raja Shakya, the Dissemination Sub-committee coordinated by LDT treasurer Siddhicharan Bhattarai and the Hall, Sanitation and Tree Transplantation Sub-committee coordinated by LDT planning chief Saroj Bhattarai. Besides these, other various sub-committees have been also formed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According LDT member secretary Shakya, Prime Minister Pushpa Kamal Dahal will be addressing a formal session of the Buddha Jayanti celebrations and the preparations are going on accordingly. Ambassadors of various nations to Nepal have been invited to the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">LDT treasurer Siddhi Charan Bhattarai said that Rs 10 million has been earmarked for the programme to be organized on the occasion of Buddha Jayanti. The Buddha Jayanti is also celebrated as the day when the Buddha was born, got enlightenment and attained salvation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Siddhartha Gautam who is known as Gautam Buddha after his enlightenment was born on the full moon day in the month of Baishak in 623 BC. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17380', 'image' => '20230423063402_LumbiniRSS.jpg', 'article_date' => '2023-04-23 18:33:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17645', 'article_category_id' => '1', 'title' => 'Deadline of Fast Track Extended by more than Two Years', 'sub_title' => '', 'summary' => 'April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). However, even half of the work has not been completed after six years of the handover. On top of it, the government has extended the deadline till Chaitra 2083 even as the deadline for the project is about to expire.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It may be noted that the Nepalese Army had held a press conference on Bhadra 12, 2076 and announced that the expressway would be ready in three and a half years' time. However, the project is nowhere near completion and the contract has been extended again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Since the project was handed over to the army, only 22 and a half per cent of physical progress has been made. The army has said that it is managing the project with the financial progress of 23.5 per cent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Secretary Tulsi Prasad Sitaula argues that it is not appropriate to extend the deadline several times, when not even two-thirds of the work is completed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Nepalese Army only has the experience of opening tracks and blasting mountains," said Sitaula. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now it is necessary to review the project, he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Prasad Bhandari, the spokesperson of the Nepalese Army, said that since the deadline of the project is yet to expire, the army will work according to the goal of completing it as soon as possible. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"When the work was interrupted due to Covid-19, the government extended the deadline for other projects, but did not extend the contract of the expressway," he said, "At that time, there was no work, the land dispute of Khokna remained the same, and the deadline was extended because a detailed project report (DPR) and environmental impact assessment were required.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The army is working on this project by dividing it into 11 packages. Out of that, only seven packages have been managed. The land dispute of Khokna, the starting point of the expressway, has not been resolved yet. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government has not done an environmental impact assessment yet in some regions. The big and game-changer projects started in the country are still being delayed and the cost is increasing.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite the limited resources for infrastructure development, most of the projects initiated by the government are not completed on time, and there are instances where the cost has doubled.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The deadline for the expressway was extended for the first time after it took time to prepare and approve the DPR of this four-lane 72.5 km expressway. Since then, this sequence of contract extensions has been repeating. Contracts have already been awarded for the three tunnels, special-type bridges, etc., considered the complexity in the project. Two Chinese companies have already started work on the tunnel and the bridge. The project is estimated to cost Rs 175 billion, while not even Rs 40 billion have been spent.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17379', 'image' => '20230423033434_fast track.jpg', 'article_date' => '2023-04-23 15:33:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17644', 'article_category_id' => '1', 'title' => 'Himalayan Stock Exchange Files Application for License of New Stock Exchange Company', 'sub_title' => '', 'summary' => 'April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. The Himalayan Stock Exchange Company has applied for the license of the new stock exchange on April 21 within ten days after the regulatory body called for applications. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Tej Prasad Devkota, information officer of the board, informed New Business Age that only one application for stock exchange has been received as of Friday. According to him, no application has been received for commodity exchange by April 21.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the notice issued by the board for applying for the license of a new stock exchange company and commodity exchange, April 23 is the last day for submission. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform. Likewise, the board has also directed that 70 per cent of the ownership of the new stock exchange facility will be of the founders, and 30 per cent by the general public. The investors of Himalayan Reinsurance Company have invested in the Himalayan Stock Exchange.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The company is a joint venture of the Shankar Group, Deepak Bhatt Group, and former presidents of the Federation of Nepalese Chamber of Commerce and Industry Bhawani Rana, Shekhar Golchha, Pashupati Murarka.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, Shatish Moore, former president of the Confederation of Nepalese Industry and head of Lucky Group, Saurabh Jyoti of Jyoti Group and Ashish Shrestha, the official distributor of Mitsubishi vehicles in Nepal, Rohit Gupta, the owner of Shivam Cement and the official distributor of Xiomi Mobile for Nepal, Shashikant Agarwal, the owner of Marriott Hotel, etc. have invested in the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has started the new license distribution process that was postponed since November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">For the new broker license, the board has received 46 applications. The board has received the applications of 46 companies, including 45 new companies and one old company for the broker license. According to the board, the applications received for the broker's license have been reviewed. After completing all the procedures, the board will make preparation to grant broker licenses to all the companies.Based on the capital structure, the board will distribute the broker licenses under three different categories. A minimum of Rs 200 million to a maximum of Rs 1.5 billion million has been set for the new license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The capital structure prescribed by the board for the first-level broker is Rs 200 million with limited scope for buying and selling shares, working as a DP, providing investment consulting services and managing investments. The paid-up capital of the second-tier broker with the full range of margin trading services is Rs 600 million, and Rs 1.5 billion for third-tier stock dealers.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17378', 'image' => '20230423031227_Sebonnn.jpg', 'article_date' => '2023-04-23 15:11:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17643', 'article_category_id' => '1', 'title' => 'Nepal Exports 460K Tons of Cement and Clinker in Nine Months', 'sub_title' => '', 'summary' => 'April 23: Nepal exported 464,331 tons of cement and clinker in the first nine months of the current fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 23: Nepal exported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">464</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">331</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of cement and clinker in the first nine months of the current fiscal year. According to the statistics of the Department of Customs, cement produced in Nepal worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million was exported during this period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data released by the department as of mid-March of the current year, Nepal exported cement and clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">89</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 during this period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the review period, clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">237</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and cement worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">5.9 million were exported from Nepal. During this period, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">272</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">328</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of clinker and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">192</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 tons of cement have been exported from the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two cement industries have been exporting cement to India since the government announced a discount on exports in the current fiscal year's budget. The export of Palpa Cement’s Tansen brand and Arghakhanchi Cement have been exporting their products to India since July 9.</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""> Regular exports</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"">Palpa Cement and Arghakhanchi Cement have said that Nepali cement is being exported to various cities in India. Rajesh Agarwal, the owner of Arghakhanchi Cement Industry, said that although there was some slowdown in exports during the big festivals, they are currently exporting cement on a regular basis.</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"">Argakhanchi brand cement is also being exported to cities in Uttar Pradesh state of India. Palpa Cement started exporting Nepali products to India on July 9 and Argakhanchi Cement started exporting Nepali products to India from October 17.</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 had announced an </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent subsidy on the export of cement, steel and other goods and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent discount on electricity tariff discount for industries that consume electricity more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million annually. This provision was arranged through the budget of the current fiscal year. Procedures have been made for this accordingly.</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"">After the government announced a discount on cement exports, the producers have started export to different cities in India. According to the Cement Manufacturers Association, many cement industries are waiting for the quality certificate for cement export from the Indian government. Nepali cement industry will have to get a quality certificate from the Indian government for exporting cement to India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Cement Manufacturers Association, there are more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cement industries operating in Nepal. About </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> of them have been producing both cement and clinker. It is estimated that the annual production capacity of the cement industry is about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million tons.</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"">Industrialists are excited after getting exemptions in export and electricity tariffs. Besides Palpa and Arghakhanchi cement industries, others including Jagdamba, Best and Solar cement industries are also preparing for export after the government announced the concession.</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 recent survey conducted by the CNI showed that despite the increase in cement exports in the Indian market, most of the industries have reduced their production by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent due to lack of demand in the domestic market.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17377', 'image' => '20230423021343_1682233951.1601854368.Clipboard13.jpg', 'article_date' => '2023-04-23 14:13:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17641', 'article_category_id' => '1', 'title' => 'Google Registered with Nepal’s Tax Office', 'sub_title' => '', 'summary' => 'April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax.', 'content' => '<h2><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"">April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax. Google has been registered in Nepal under the name of its regional office in Singapore.</span></span></span></span></h2> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Internal Revenue Department, EBSCO Inc has also been registered along with Google. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the director general of the department, Dirgharaj Mainali, other companies are also showing interest for registration. Mainali informed New Business Age that they are going to bring other such international companies under the ambit of tax by making the payment system systematic.</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 Ministry of Finance has adopted a policy of collecting digital service tax on the transaction related to electronic services provided by non-resident (foreign) companies or individuals to consumers in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">To implement this policy, a procedure related to Digital Services Tax was introduced in July 2022. Director General Mainali says that with the implementation of the procedure, two international organizations have been registered in Nepal and this has opened the way for other service providers to come under the scope of taxation.</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"">Google and EBSCO Inc will have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total amount earned by providing services to Nepali consumers in Nepal. The government does not have official data about how much annual income Google earns from Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Facebook, Twitter, TikTok, Instagram and other social networks are yet to come under the scope of tax. Not only that, advertisements, movies, television, music, over the top cloud service, gaming, mobile app, online market, software are also being brought under the scope of tax under the Digital Service Tax.</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"">There is a provision in the procedure that those who provide such services should come under the scope of electronic tax and that such taxes should be collected from them.</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"">Electronic service fee will not be charged to those who provide such services and whose business is up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million per year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In recent years, the government has been under pressure to regulate social networks, from the parliamentary committees, Revenue Advisory Committee, and even the auditor general's report.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In its 'Revenue Policy and Tax Reforms Report </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2079/80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">', the Revenue Advisory Committee suggested to the government to bring companies including social networking sites that provide digital services to Nepalis under the ambit of taxation and to implement a system of doing business only by deducting tax in advance.</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 report of the Auditor General's Office also asked the government to strictly regulate social media and bring it under the scope of revenue.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17376', 'image' => '20230423125347_1682231084.social-media-crime-punishment-techpana.jpg', 'article_date' => '2023-04-23 12:53:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17642', 'article_category_id' => '1', 'title' => 'EC Seeks Clarification from Madhesh CM Yadav', 'sub_title' => '', 'summary' => 'April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC said that the Chief Minister's visit to the Pacharauta Municipality was against the election code of conduct when the House of Representatives (HoR) by-election was underway in the Bara electoral constituency-2. </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 EC said that the chief minister's visit was not permitted and it is capable of adversely affecting the impartiality of the election </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the 24-hour clarification, the chief minister was asked to clarify whether the vehicle he used during the visit had a white number plate and security arrangements for the visit were managed by the government level, whether his move was proper to his post and violated the election code of conduct and whether he deserved the action in accordance with the Election Commission Act, 2079 BS for the violation of Code of Conduct, according to EC under-secretary Kamal Gyawali. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17375', 'image' => '20230423015650_1682229450.Election 4.jpg', 'article_date' => '2023-04-23 13:56:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17640', 'article_category_id' => '1', 'title' => 'Transport Entrepreneurs Halt Cargo Service along Araniko Highway ', 'sub_title' => '', 'summary' => 'April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last Tuesday, the District Administration Office, Kavre had directed transport entrepreneurs and stakeholders to weigh the cargo following a circular from the Ministry of Home Affairs to operate load weighing centres in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Load weighing centres have been established at Keraghari in Panchkhal Municipality, Naikintar in Panauti and Bhakunde in Namobuddha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the guidelines, more than six wheeled-cargo vehicles must mandatorily carry a recommended capacity of load. </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 government has fixed the charge of Rs 150 per vehicle for weighing load at the load weighing centres. Freight service has come to a halt for the past two days following the protest of the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the protest, police personnel in a large group have been deployed at all load weighing centres, said Superintendent of Police Bhagya Purush Dhakal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17374', 'image' => '20230423120554_20230219013913_20220831041752_dhulikhel.jpg', 'article_date' => '2023-04-23 12:05:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17639', 'article_category_id' => '1', 'title' => '903 Climbers Granted Permits to Climb Mountains this Season', 'sub_title' => '', 'summary' => 'April 23: With the onset of the spring season of 2023, the number of climbers seeking permission to climb Mount Everest 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"">April 23: With the onset of the spring season of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the number of climbers seeking permission to climb Mount Everest 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"">According to the Department of Tourism, mountaineers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> countries, including Nepal, have taken permission to climb Mount Everest so far this season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The department has granted permission to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">396</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people, including </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> women, to climb Mount Everest this season. The mountaineers must climb Mount Everest within </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">75</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> days of obtaining the permit. Climbers especially prefer to climb Mt Everest in spring, when the weather is favourable. </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 department has also issued permits for climbing other mountains and snow peaks above </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> meters.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This season, the department has collected royalties of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">553</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million by issuing climbing permits for Everest. The department has collected a total of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">644.48</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million revenue by issuing permits to climb </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> mountains and peaks including Everest. As climbers have to pay more revenue for climbing Everest compared to other mountain peaks, the income from Everest is higher.</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"">903</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have received permits for climbing from the department this season. Lhotse is the most popular mountain after Everest. According to the department, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have taken permission to climb Lhotse.</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 department has given permission to climb Annapurna, Surmasarovar, Pangri Goldumba, Manaslu, Thorong Peak, Barun Tse, Nuptse, Himalung Himal, Dhaulagiri, Thapa Peak, Amadablam, Makalu, Arniko Chuli, Pumori among others.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17373', 'image' => '20230423111605_1682214759.mount everest.jpg', 'article_date' => '2023-04-23 11:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17638', 'article_category_id' => '1', 'title' => 'Tanahun DAO Closes Prithivi Highway for by-election at Tanahun Constituency-1 ', 'sub_title' => '', 'summary' => 'As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.', 'content' => '<p><span style="font-size:20px"> April 23: As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.</span></p> <p><span style="font-size:20px">Local roads from Muglin bridge to Chapaghat of Byash Municipality, Dumre Besishar road section, Aanbukhaireni Gorkha road section, Damauli Duipiple road, among others, will also be closed during this time. </span></p> <p><span style="font-size:20px">Only vehicles carrying essential services such as firefighters, water tankers, waste disposal vehicles, hospital staff, and journalists with a press pass will be permitted.</span></p> <p><span style="font-size:20px">Additionally, night buses that pass through Tanahun are advised to cross Tanahun before 4:00 am on Sunday. This measure is aimed at ensuring a smooth and secure by-election process in Tanahun constituency-1.</span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17372', 'image' => '20230423063043_collage (91).jpg', 'article_date' => '2023-04-23 06:28:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The country is currently witnessing the influence of Westerly winds and the local wind. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has caused rainfall in some parts of Sudurapschim Province, Karnali Province, Gandaki Province and Bagmati Province with partial to general changes in weather across the country, according to the Weather Forecasting Division. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light and brief rainfall with thunders and lightning in some areas this afternoon with partial to general changes across the country. It is predicted that some parts of Terai would see strong wind today. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the night time also, there is a chance of light and brief rain with thunders and lightning in some parts of mountainous belt with weather changes in Lumbini, Gandaki, Karnali and Sudurpaschim provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, Kathmandu will see minimum temperature of 13 degrees Celcius and maximum of 28 degrees Celsius. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17386', 'image' => '20230424110954_rainfallll.jpg', 'article_date' => '2023-04-24 11:09:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17651', 'article_category_id' => '1', 'title' => 'Nepal's Urban Population Reaches 66.2 Percent ', 'sub_title' => '', 'summary' => 'April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 24: The data of the National Census 2021 shows that the urban population of Nepal has reached 66.2 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Releasing the municipality and rural municipality-level data, the Central Statistics Office (CSO) on Sunday stated that the urban population in Nepal is slightly more than 19.29 million while the rural population is over 9.86 million. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Census 2011, the urban population in the country was just 17.1 percent ten years ago. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the geographical belt, the urban population in the mountainous region is 35.6 per cent while the rural population is 64.4 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, 63.3 per cent people in the hill region reside in municipalities while 36.7 per cent people live in the rural municipality in the hills. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are 71.8 per cent people as city dwellers in the Tarai region while 28.2 per cent people are the dwellers of the rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The average population growth rate during the census period is 0.92 perent per year against 1.35 per cent in the previous census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While the average annual population growth in municipality is 1.36 percent, the average annual population growth in rural municipality is 0.11 percent per year this census. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The density of population as per the 2021 census is 198 per square kilometer which was 180 per square kilometer in 2011. The density of population in municipality is 373 per square kilometer while it is 105 per square kilometer in rural municipality in 2021. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 households residing in Nepal, 4,479,662 families live in municipalities while remaining others live in rural municipalities, the 2021 census shows. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In Nepal, the average member number per family is 4.37 in total. In terms of municipality, average family member number is 4.31 per family and 4.51 per family in rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Geographically, the average family member number per family in mountainous municipality is 4.23, 3.90 in hill municipalities and 4.63 in Terai municipalities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the average family member per family in rural municipalities in mountainous region is 4.38, 4.14 in the hill region and 4.99 in Tarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Among the 6,666,937 families recorded during the 2021 census, the head of the family was male in 68.5 per cent of families while 31.5 per cent were female as the head. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Municipality-wise, males were the head of the family in 67.2 per cent families in municipalities while females were the head in 32.8 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, males were the head of the family in 71.1 per cent families in rural municipalities while 28.9 per cent families had females as their head. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17385', 'image' => '20230424072846_Kathmandu Valley.jpg', 'article_date' => '2023-04-24 07:28:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17650', 'article_category_id' => '1', 'title' => 'Neco Insurance Makes a Payment of 70% of Claims in Nine Months ', 'sub_title' => '', 'summary' => 'Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. ', 'content' => '<p><span style="font-size:18px">April 24: Neco Insurance Limited, a leading general insurance company with 27 years of experience, has won the hearts of its customers by offering hassle-free and prompt payment of claims. </span></p> <p><span style="font-size:18px">In the current fiscal year 2022/23, the company had 3973 claims to pay and has made payment for 70% of all claims, including new ones, within the first nine months. This demonstrates the company's commitment to making the payment process fast and easy for its customers.</span></p> <p><span style="font-size:18px">The company has paid out Rs 100 million to claims related to agriculture alone. Additionally, the company has made a payment of Rs 1.27 billion to 8,959 claims within the first nine months of the current fiscal year.</span></p> <p><span style="font-size:18px">The company has reminded claimants to furnish necessary documents to expedite the payment process. <br /> Neco Insurance Limited remains dedicated to providing quality insurance service and simplifying the payment process for its valued customers.</span></p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17384', 'image' => '20230424070748_collage (93).jpg', 'article_date' => '2023-04-24 07:05:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '17649', 'article_category_id' => '1', 'title' => 'SEBON Receives Multiple Applications for New Stock Exchange and Commodity Exchange Market Licenses', 'sub_title' => '', 'summary' => 'The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">April 24: The Securities Board of Nepal (SEBON) has received seven applications for licenses to operate a new stock exchange and two commodity exchange markets. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Three private companies, the Himalayan Stock Exchange, National Stock Exchange of Nepal, and Annapurna Stock Exchange Limited, have applied for the license to operate the new stock exchange. </span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only one of the companies will be granted a license to operate the new stock exchange.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Likewise, four private companies, Himalayan Commodities and Derivatives Exchange Limited, Multi Derivatives Exchange Limited, Multi Assets and Derivatives Exchange Limited, and Nepal Multi Commodity Exchange Limited, have applied for licenses to operate the commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">However, only two of these companies will be granted licenses to operate the commodity exchange market.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON had called for applications for one new stock exchange company and two commodity exchanges on April 13, with the deadline for applications on April 23.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">SEBON has started the new license distribution process that was postponed since November 1, 2022.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform, with 70% of the ownership of the new stock exchange facility to be held by the founders and 30% by the general public. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Additionally, NEPSE has set a paid-up capital requirement of not less than Rs 500 million for the new commodity exchange market. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Former presidents of the Federation of Nepalese Chambers of Commerce & Industry (FNCCI), Pashupati Murarka, Bhawani Rana, Shekhar Golchha, and the directors of the Himalayan Reinsurance Company are among the major investors in the Himalayan Stock Exchange. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">In the same manner, Siddharth Group and Agni Group, which include past Non-Resident Nepali Association presidents Upendra Mahato, Jiba Lamichhane, current president Dr. Badri KC, and Kul Acharya, are the largest investors on the National Stock Exchange.</span> </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">Annapurna Media House’s Proprietor Captain Rameswor Thapa has a major stake in Annapurna Stock Exchange. Surendraraj Wagle, Anil Sapkota, Prakash Kumar Shrestha, Ganesh Kumar Shrestha, and Sekhar Subedi are other major investors in the company. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">The applications for the licenses of stock exchange and commodity market suggest that big corporate houses are vying for the license in a tough manner.</span></span></span><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif"> The Board has sole discretion to accept or reject any and all applications received in accordance with the notice. </span></span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"><span style="font-family:"Arial",sans-serif">With receipt of applications, the SEBON will evaluate them and grant a license to operate a stock exchange and two licenses to run commodity exchange markets.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-24', 'modified' => '2023-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '17383', 'image' => '20230424060920_collage (92).jpg', 'article_date' => '2023-04-24 06:03:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '17647', 'article_category_id' => '1', 'title' => 'Voter Turnout for By-Election 60 Percent: EC ', 'sub_title' => '', 'summary' => 'April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: The by-election for the members of the House of Representatives (HoR) in three constituencies concluded in a peaceful and enthusiastic atmosphere on Sunday. According to the Election Commission, the voter turnout was around 60 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to preliminary details, the voter turnout stands at 60 per cent on average in all three constituencies- Bara-2, Chitwan-2 and Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In constituency 2 of Bara, voter turnout remained at 64 per cent, in Chitwan-2 it was 63 per cent and in Tanahu-1, it was 53 per cent, the commission said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There were altogether 353,247 eligible voters in the three constituencies, according to the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the parliamentary election on November 20 last year, 63.56 per cent votes were cast in Bara-2, 67.63 per cent in Chitwan-2 and 54.03 per cent in Tanahu-1. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ballot papers will be transported from the constituencies to the office of the Chief Returning Officer from the evening till 11:00 pm. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting will begin as per the directive of the commission and in consensus with the political parties and candidates contesting the by-election and the results announced by April 25, informed Kamal Gyawali, under-secretary at the commission. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17382', 'image' => '20230423095241_BKM_Parsa-2.jpg', 'article_date' => '2023-04-23 21:51:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17648', 'article_category_id' => '1', 'title' => 'Cheetah Spreading Terror in and around TU Area Caught ', 'sub_title' => '', 'summary' => 'April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: A cheetah which had been spreading terror in and around the Tribhuvan University area since a month was trapped on Sunday morning. It is said that people travelling in vehicles in the morning and evening on the road passing through the TU campus used to encounter the cheetah. The wild cat had also attacked some pedestrians. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The cheetah was caught in a trap on Sunday morning near the TU Service Commission office. Deputy Superintendent of the Metropolitan Police Circle, Kritipur, Raju Lama said the cheetah had attacked an Assistant Sub-Inspector at the Circle on April 8. It had bumped with a motorcycle going towards Kirtipur via the TU Road around a month back. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to TU Central Campus Principal Gyanendra Rai, the locals and TU employees had been under the risk posed by the cheetah since about a year ago. Bodies related to wildlife had placed a trap following complaints. However, the cheetah escaped getting trapped and the trap was shifted to another place after some time. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rai said the trap was placed at the present location sometimes back. In his view, the reasons for the cheetah frequenting TU area is because there is forest nearby and the presence of thickets at various places in the TU compound. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Cheetah frequents the TU area to kill the stray cattle and their calves, and dogs which are found roaming the TU precincts. This has increased the chances of human-wildlife conflict," he said. He added that the agency looking after wildlife has been informed of the trapped cheetah and it would be handed over to the body concerned in the witness of Naresh Maharjan, the chair of Kirtipur Municipality, Ward No 10. </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"">Rai, the TU Central Campus principal, said they are clearing the bushes on the TU premises and installing lights at all places where there is movement of people to prevent cheetah's movement inside the university compound. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17381', 'image' => '20230423095345_chitwaphasepasoma.jpg', 'article_date' => '2023-04-23 21:53:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17646', 'article_category_id' => '1', 'title' => ' Lumbini Prepares for Buddha Jayanti Celebrations ', 'sub_title' => '', 'summary' => 'April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Lumbini, the birthplace of Gautam Buddha, is preparing for the celebrations of the 2567th Buddha Jayanti that falls on May 5 this year. The day also coincides with the Lumbini Day. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Lumbini Development Trust (LDT) has already formed the Buddha Jayanti main management committee and other various sub-committees to observe the day in a grand manner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The main celebration committee is coordinated by LDT vice chair Vikkhu Awadesh Kumar Tripathi and the sub-committees are the Security and Volunteer Sub-committee coordinated by LDT member secretary Sanu Raja Shakya, the Dissemination Sub-committee coordinated by LDT treasurer Siddhicharan Bhattarai and the Hall, Sanitation and Tree Transplantation Sub-committee coordinated by LDT planning chief Saroj Bhattarai. Besides these, other various sub-committees have been also formed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According LDT member secretary Shakya, Prime Minister Pushpa Kamal Dahal will be addressing a formal session of the Buddha Jayanti celebrations and the preparations are going on accordingly. Ambassadors of various nations to Nepal have been invited to the event. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">LDT treasurer Siddhi Charan Bhattarai said that Rs 10 million has been earmarked for the programme to be organized on the occasion of Buddha Jayanti. The Buddha Jayanti is also celebrated as the day when the Buddha was born, got enlightenment and attained salvation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Siddhartha Gautam who is known as Gautam Buddha after his enlightenment was born on the full moon day in the month of Baishak in 623 BC. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17380', 'image' => '20230423063402_LumbiniRSS.jpg', 'article_date' => '2023-04-23 18:33:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17645', 'article_category_id' => '1', 'title' => 'Deadline of Fast Track Extended by more than Two Years', 'sub_title' => '', 'summary' => 'April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: The government had handed over the contract of the Kathmandu-Terai Fast Track project to the Nepalese Army in Shrawan 2074 with a mandate to complete it in four years (Shrawan 2078). However, even half of the work has not been completed after six years of the handover. On top of it, the government has extended the deadline till Chaitra 2083 even as the deadline for the project is about to expire.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It may be noted that the Nepalese Army had held a press conference on Bhadra 12, 2076 and announced that the expressway would be ready in three and a half years' time. However, the project is nowhere near completion and the contract has been extended again.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Since the project was handed over to the army, only 22 and a half per cent of physical progress has been made. The army has said that it is managing the project with the financial progress of 23.5 per cent. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Secretary Tulsi Prasad Sitaula argues that it is not appropriate to extend the deadline several times, when not even two-thirds of the work is completed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Nepalese Army only has the experience of opening tracks and blasting mountains," said Sitaula. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now it is necessary to review the project, he added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Prasad Bhandari, the spokesperson of the Nepalese Army, said that since the deadline of the project is yet to expire, the army will work according to the goal of completing it as soon as possible. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"When the work was interrupted due to Covid-19, the government extended the deadline for other projects, but did not extend the contract of the expressway," he said, "At that time, there was no work, the land dispute of Khokna remained the same, and the deadline was extended because a detailed project report (DPR) and environmental impact assessment were required.” </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The army is working on this project by dividing it into 11 packages. Out of that, only seven packages have been managed. The land dispute of Khokna, the starting point of the expressway, has not been resolved yet. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government has not done an environmental impact assessment yet in some regions. The big and game-changer projects started in the country are still being delayed and the cost is increasing.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite the limited resources for infrastructure development, most of the projects initiated by the government are not completed on time, and there are instances where the cost has doubled.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The deadline for the expressway was extended for the first time after it took time to prepare and approve the DPR of this four-lane 72.5 km expressway. Since then, this sequence of contract extensions has been repeating. Contracts have already been awarded for the three tunnels, special-type bridges, etc., considered the complexity in the project. Two Chinese companies have already started work on the tunnel and the bridge. The project is estimated to cost Rs 175 billion, while not even Rs 40 billion have been spent.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17379', 'image' => '20230423033434_fast track.jpg', 'article_date' => '2023-04-23 15:33:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17644', 'article_category_id' => '1', 'title' => 'Himalayan Stock Exchange Files Application for License of New Stock Exchange Company', 'sub_title' => '', 'summary' => 'April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 23: A private company has applied for the license of a new stock exchange platform. The Securities Board of Nepal (SEBON) had called for applications for one new stock exchange company and two commodity exchanges on April 13. The Himalayan Stock Exchange Company has applied for the license of the new stock exchange on April 21 within ten days after the regulatory body called for applications. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Tej Prasad Devkota, information officer of the board, informed New Business Age that only one application for stock exchange has been received as of Friday. According to him, no application has been received for commodity exchange by April 21.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the notice issued by the board for applying for the license of a new stock exchange company and commodity exchange, April 23 is the last day for submission. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has set a paid-up capital requirement of Rs 3 billion for the new stock exchange platform. Likewise, the board has also directed that 70 per cent of the ownership of the new stock exchange facility will be of the founders, and 30 per cent by the general public. The investors of Himalayan Reinsurance Company have invested in the Himalayan Stock Exchange.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The company is a joint venture of the Shankar Group, Deepak Bhatt Group, and former presidents of the Federation of Nepalese Chamber of Commerce and Industry Bhawani Rana, Shekhar Golchha, Pashupati Murarka.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, Shatish Moore, former president of the Confederation of Nepalese Industry and head of Lucky Group, Saurabh Jyoti of Jyoti Group and Ashish Shrestha, the official distributor of Mitsubishi vehicles in Nepal, Rohit Gupta, the owner of Shivam Cement and the official distributor of Xiomi Mobile for Nepal, Shashikant Agarwal, the owner of Marriott Hotel, etc. have invested in the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">SEBON has started the new license distribution process that was postponed since November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, SEBON had requested applications for a new stock exchange, commodity exchange and broker license on September 16. But two petitions were filed in the Supreme Court against the new license distribution process and the board suspended the new license distribution process on November 1.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Supreme Court scrapped both the writ petitions, one on December 28 and the other on April 9, paving the way for the board to resume the license distribution process.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">For the new broker license, the board has received 46 applications. The board has received the applications of 46 companies, including 45 new companies and one old company for the broker license. According to the board, the applications received for the broker's license have been reviewed. After completing all the procedures, the board will make preparation to grant broker licenses to all the companies.Based on the capital structure, the board will distribute the broker licenses under three different categories. A minimum of Rs 200 million to a maximum of Rs 1.5 billion million has been set for the new license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The capital structure prescribed by the board for the first-level broker is Rs 200 million with limited scope for buying and selling shares, working as a DP, providing investment consulting services and managing investments. The paid-up capital of the second-tier broker with the full range of margin trading services is Rs 600 million, and Rs 1.5 billion for third-tier stock dealers.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17378', 'image' => '20230423031227_Sebonnn.jpg', 'article_date' => '2023-04-23 15:11:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17643', 'article_category_id' => '1', 'title' => 'Nepal Exports 460K Tons of Cement and Clinker in Nine Months', 'sub_title' => '', 'summary' => 'April 23: Nepal exported 464,331 tons of cement and clinker in the first nine months of the current fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">April 23: Nepal exported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">464</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">331</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of cement and clinker in the first nine months of the current fiscal year. According to the statistics of the Department of Customs, cement produced in Nepal worth more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million was exported during this period. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data released by the department as of mid-March of the current year, Nepal exported cement and clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">42</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">89</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 during this period.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the review period, clinker worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">237</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">million and cement worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">5.9 million were exported from Nepal. During this period, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">272</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">328</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> tons of clinker and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">192</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,000 tons of cement have been exported from the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two cement industries have been exporting cement to India since the government announced a discount on exports in the current fiscal year's budget. The export of Palpa Cement’s Tansen brand and Arghakhanchi Cement have been exporting their products to India since July 9.</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""> Regular exports</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"">Palpa Cement and Arghakhanchi Cement have said that Nepali cement is being exported to various cities in India. Rajesh Agarwal, the owner of Arghakhanchi Cement Industry, said that although there was some slowdown in exports during the big festivals, they are currently exporting cement on a regular basis.</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"">Argakhanchi brand cement is also being exported to cities in Uttar Pradesh state of India. Palpa Cement started exporting Nepali products to India on July 9 and Argakhanchi Cement started exporting Nepali products to India from October 17.</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 had announced an </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent subsidy on the export of cement, steel and other goods and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent discount on electricity tariff discount for industries that consume electricity more than Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">10</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0 million annually. This provision was arranged through the budget of the current fiscal year. Procedures have been made for this accordingly.</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"">After the government announced a discount on cement exports, the producers have started export to different cities in India. According to the Cement Manufacturers Association, many cement industries are waiting for the quality certificate for cement export from the Indian government. Nepali cement industry will have to get a quality certificate from the Indian government for exporting cement to India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Cement Manufacturers Association, there are more than </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">60</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> cement industries operating in Nepal. About </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">15</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> of them have been producing both cement and clinker. It is estimated that the annual production capacity of the cement industry is about </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">22</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million tons.</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"">Industrialists are excited after getting exemptions in export and electricity tariffs. Besides Palpa and Arghakhanchi cement industries, others including Jagdamba, Best and Solar cement industries are also preparing for export after the government announced the concession.</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 recent survey conducted by the CNI showed that despite the increase in cement exports in the Indian market, most of the industries have reduced their production by </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent due to lack of demand in the domestic market.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17377', 'image' => '20230423021343_1682233951.1601854368.Clipboard13.jpg', 'article_date' => '2023-04-23 14:13:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17641', 'article_category_id' => '1', 'title' => 'Google Registered with Nepal’s Tax Office', 'sub_title' => '', 'summary' => 'April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax.', 'content' => '<h2><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"">April 23: Tech giant Google has been registered with the tax office of Nepal after the implementation of the procedure related to Digital Service Tax. Google has been registered in Nepal under the name of its regional office in Singapore.</span></span></span></span></h2> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Internal Revenue Department, EBSCO Inc has also been registered along with Google. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the director general of the department, Dirgharaj Mainali, other companies are also showing interest for registration. Mainali informed New Business Age that they are going to bring other such international companies under the ambit of tax by making the payment system systematic.</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 Ministry of Finance has adopted a policy of collecting digital service tax on the transaction related to electronic services provided by non-resident (foreign) companies or individuals to consumers in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">To implement this policy, a procedure related to Digital Services Tax was introduced in July 2022. Director General Mainali says that with the implementation of the procedure, two international organizations have been registered in Nepal and this has opened the way for other service providers to come under the scope of taxation.</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"">Google and EBSCO Inc will have to pay </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total amount earned by providing services to Nepali consumers in Nepal. The government does not have official data about how much annual income Google earns from Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Facebook, Twitter, TikTok, Instagram and other social networks are yet to come under the scope of tax. Not only that, advertisements, movies, television, music, over the top cloud service, gaming, mobile app, online market, software are also being brought under the scope of tax under the Digital Service Tax.</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"">There is a provision in the procedure that those who provide such services should come under the scope of electronic tax and that such taxes should be collected from them.</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"">Electronic service fee will not be charged to those who provide such services and whose business is up to Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million per year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In recent years, the government has been under pressure to regulate social networks, from the parliamentary committees, Revenue Advisory Committee, and even the auditor general's report.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In its 'Revenue Policy and Tax Reforms Report </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2079/80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">', the Revenue Advisory Committee suggested to the government to bring companies including social networking sites that provide digital services to Nepalis under the ambit of taxation and to implement a system of doing business only by deducting tax in advance.</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 report of the Auditor General's Office also asked the government to strictly regulate social media and bring it under the scope of revenue.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17376', 'image' => '20230423125347_1682231084.social-media-crime-punishment-techpana.jpg', 'article_date' => '2023-04-23 12:53:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17642', 'article_category_id' => '1', 'title' => 'EC Seeks Clarification from Madhesh CM Yadav', 'sub_title' => '', 'summary' => 'April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: In view of the ongoing by-election of the House of Representatives (HoR), the Election Commission (EC) has sought clarification from Madhesh Province Chief Minister, Saroj Kumar Yadav, for violation of the election code of conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC said that the Chief Minister's visit to the Pacharauta Municipality was against the election code of conduct when the House of Representatives (HoR) by-election was underway in the Bara electoral constituency-2. </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 EC said that the chief minister's visit was not permitted and it is capable of adversely affecting the impartiality of the election </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the 24-hour clarification, the chief minister was asked to clarify whether the vehicle he used during the visit had a white number plate and security arrangements for the visit were managed by the government level, whether his move was proper to his post and violated the election code of conduct and whether he deserved the action in accordance with the Election Commission Act, 2079 BS for the violation of Code of Conduct, according to EC under-secretary Kamal Gyawali. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17375', 'image' => '20230423015650_1682229450.Election 4.jpg', 'article_date' => '2023-04-23 13:56:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17640', 'article_category_id' => '1', 'title' => 'Transport Entrepreneurs Halt Cargo Service along Araniko Highway ', 'sub_title' => '', 'summary' => 'April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">April 23: Transport entrepreneurs have halted freight service along the Araniko, BP and Helambu Highways to protest against the directive issued by the district administration office to mandatorily get the loads they carry weighed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last Tuesday, the District Administration Office, Kavre had directed transport entrepreneurs and stakeholders to weigh the cargo following a circular from the Ministry of Home Affairs to operate load weighing centres in the district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Load weighing centres have been established at Keraghari in Panchkhal Municipality, Naikintar in Panauti and Bhakunde in Namobuddha. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the guidelines, more than six wheeled-cargo vehicles must mandatorily carry a recommended capacity of load. </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 government has fixed the charge of Rs 150 per vehicle for weighing load at the load weighing centres. Freight service has come to a halt for the past two days following the protest of the transport entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the protest, police personnel in a large group have been deployed at all load weighing centres, said Superintendent of Police Bhagya Purush Dhakal. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17374', 'image' => '20230423120554_20230219013913_20220831041752_dhulikhel.jpg', 'article_date' => '2023-04-23 12:05:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17639', 'article_category_id' => '1', 'title' => '903 Climbers Granted Permits to Climb Mountains this Season', 'sub_title' => '', 'summary' => 'April 23: With the onset of the spring season of 2023, the number of climbers seeking permission to climb Mount Everest 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"">April 23: With the onset of the spring season of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2023</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the number of climbers seeking permission to climb Mount Everest 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"">According to the Department of Tourism, mountaineers from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> countries, including Nepal, have taken permission to climb Mount Everest so far this season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The department has granted permission to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">396</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> people, including </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> women, to climb Mount Everest this season. The mountaineers must climb Mount Everest within </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">75</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> days of obtaining the permit. Climbers especially prefer to climb Mt Everest in spring, when the weather is favourable. </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 department has also issued permits for climbing other mountains and snow peaks above </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">6,000</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> meters.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This season, the department has collected royalties of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">553</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million by issuing climbing permits for Everest. The department has collected a total of Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">644.48</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million revenue by issuing permits to climb </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> mountains and peaks including Everest. As climbers have to pay more revenue for climbing Everest compared to other mountain peaks, the income from Everest is higher.</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"">903</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have received permits for climbing from the department this season. Lhotse is the most popular mountain after Everest. According to the department, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">80</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> climbers have taken permission to climb Lhotse.</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 department has given permission to climb Annapurna, Surmasarovar, Pangri Goldumba, Manaslu, Thorong Peak, Barun Tse, Nuptse, Himalung Himal, Dhaulagiri, Thapa Peak, Amadablam, Makalu, Arniko Chuli, Pumori among others.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17373', 'image' => '20230423111605_1682214759.mount everest.jpg', 'article_date' => '2023-04-23 11:15:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17638', 'article_category_id' => '1', 'title' => 'Tanahun DAO Closes Prithivi Highway for by-election at Tanahun Constituency-1 ', 'sub_title' => '', 'summary' => 'As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.', 'content' => '<p><span style="font-size:20px"> April 23: As part of preparation for the by-election at Tanahun constituency-1 on Sunday, the Tanahun District Administration office has announced the closure of Prithivi highway section and inner roads in the constituency. The closure will be in effect from 5:00 am to 6:00 pm.</span></p> <p><span style="font-size:20px">Local roads from Muglin bridge to Chapaghat of Byash Municipality, Dumre Besishar road section, Aanbukhaireni Gorkha road section, Damauli Duipiple road, among others, will also be closed during this time. </span></p> <p><span style="font-size:20px">Only vehicles carrying essential services such as firefighters, water tankers, waste disposal vehicles, hospital staff, and journalists with a press pass will be permitted.</span></p> <p><span style="font-size:20px">Additionally, night buses that pass through Tanahun are advised to cross Tanahun before 4:00 am on Sunday. This measure is aimed at ensuring a smooth and secure by-election process in Tanahun constituency-1.</span></p> <p> </p> ', 'published' => true, 'created' => '2023-04-23', 'modified' => '2023-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '17372', 'image' => '20230423063043_collage (91).jpg', 'article_date' => '2023-04-23 06:28:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ) ) $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
