Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started the joint operation from February…
Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started the joint operation from February…
February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine.…
February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance…
February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko…
February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays.…
February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day.…
February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply.…
Lalbandi agriculture wholesale bazaar management committee has exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year,…
Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on…
Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4,…
Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from…
February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district.…
February 23: This year, there has been a decline in paddy production in Dhanusha district.…
February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group.…
February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of…
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After the acquisition, the two entities have started the joint operation from February 24,2023(Friday).', 'content' => '<p> </p> <p><span style="font-size:18px">February 24: Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started joint operation from February 24,2023(Friday).</span></p> <p><span style="font-size:18px">Following the acquisition, the transaction will be carried out under “Himalayan Bank Limited”. Ashok Shumsher Rana is the Chief Executive Officer(CEO) of the bank.</span></p> <p><span style="font-size:18px">Earlier, both the banks had reached a preliminary agreement to for acquisition on Ashad 29, 2079 BS. <br /> After the acquisition, the Himalayan Bank ‘s total paid-up capital has reached Rs 34 billion. Likewise, total deposits have reached Rs 274 billion and total loans Rs 250 billion. The total branch network of the bank has reached 189.</span></p> <p><span style="font-size:18px">Speaking at the inaugural ceremony of the joint transaction of the Himalayan and Civil Bank, CEO Ashok Shumsher Rana said that bank ranked in the seventh and sixth positions in terms of deposits and lending respectively. </span><br /> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16853', 'image' => '20230224045641_collage - 2023-02-24T165844.126.jpg', 'article_date' => '2023-02-24 16:51:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17114', 'article_category_id' => '1', 'title' => 'Nepal backs UN Resolution against Russia's Hostilities in Ukraine ', 'sub_title' => '', 'summary' => 'February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. The resolution calls for Russia to end its hostilities in its neighbour and withdraw its forces from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal taking part in an emergency Special General Assembly held in the UN Headquarters in New York on Thursday voted in favour of the resolution that calls for restoration of peace in Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 141 nations, out of 193 UN member countries, backed the resolution approved by the UN General Assembly on the eve of the first anniversary of the invasion. Through the resolution, the UN has urged Russia to withdraw its troops from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Permanent Representative to the United Nations, Amrit Rai said Nepal's backing the UN resolution to end hostilities in Ukraine sends a strong message that is in favour of Ukraine’s sovereignty and independence. “Through the voting, we urged for finding ways for restoring peace in Ukraine.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The UN has expressed its concerns over increasing food insecurity, inflation and poverty due to disruptions in the global supplies chain owing to Russia’s hostilities in Ukraine since a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Russia launched its attacks on Ukraine on February 24, 2022. Though a large number of people are believed to have been the victims of the conflict, official data in this regard is not available. When 141 nations including Nepal supported the resolution, 32 abstained and seven: Belarus, North Korea, Eritrea, Mali, Nicaragua, Syria and Russia voted against it. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16852', 'image' => '20230224044120_Rai_WTniRMr.width-800.jpg', 'article_date' => '2023-02-24 16:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17113', 'article_category_id' => '1', 'title' => 'NRB Tightens the Screws on Microfinance Companies', 'sub_title' => '', 'summary' => 'February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the new provision, microfinance companies must keep 100 percent cash reserve if they propose issuing 15 percent dividend.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the revised directives of NRB, if such companies want to issue more than 15 percent dividend (cash or shares), they must deposit 50 percent of the dividend exceeding 15 percent in the general reserve fund, 35 percent in the customer protection fund and 10 percent in the corporate social responsibility fund. According to this arrangement, when a microfinance company gives more than 15 percent dividend, it has to keep Rs 95 in various reserve funds while issuing dividend of Rs 100.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, microfinance companies were required to keep 50 percent of the amount w in the general reserve fund and 25 percent in the customer protection fund only in case of issuing more than 20 percent dividend. No matter how much dividend was distributed, not more than 1 percent of net profit was required to be spent on corporate social responsibility.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, in the past, the limit of micro enterprise loan which was Rs 1,500,000 with mortgage has now been lowered to Rs 700,000, while borrowers who take loans from commercial banks, development banks and finance companies not allowed to take loans from micro finance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that orientation of directors should be done within Nepal. Since the location was not mentioned earlier, the directors used to go abroad for orientation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Employees working in microfinance companies should be given training related to microfinance transactions at least once every 2 years. The details of the training provided by the organization should be published on the website every 6 months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that the interest rate of deposits and loans should differ by only 50 percent from now on. Earlier, there was no provision regarding the minimum interest rate on savings.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16851', 'image' => '20230224024652_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-02-24 14:46:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17112', 'article_category_id' => '1', 'title' => 'CBFIN discusses Nepal’s Economic Situation with IMF', 'sub_title' => '', 'summary' => 'February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The two sides discussed about the current economic situation of Nepal in the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Turunen, the head of the mission team of the IMF, said that he came to Nepal to review the current state of Nepal's economy and to consult with the stakeholders regarding the post-Covid-19 scenario. During the discussion, the representative of CBFIN informed the visiting delegates about various topics including import, liquidity problem and its impact, shrinking of profits of banks and financial institutions, decline in the capital market, the implementation status of a provision of Banking and Financial Institutions Act (BAFIA) which can convert promoter shares into ordinary shares, increase in non-performing loans, rising interest rates, lack of loanable capital, etc.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The representatives of the team from the IMF said that they will study the current economic problems of Nepal and prepare a report. Saying that the meeting and discussion were meaningful, the representative of the IMF relayed the message that they will continue the discussion and cooperation with CBFIN on various issues in the financial and banking sector in the future as well.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The discussion was attended by Teresa Daban Sanchez, the resident representative of IMF Nepal, Russell Green, senior economist of IMF, and CBFIN Vice President Rajesh Upadhyay, Secretary General Rajan Singh Bhandari, Executive Member Radhesh Panta and Director General Dr. Gopal Prasad Tiwari.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16850', 'image' => '20230224020043_1677194233.Clipboard05.jpg', 'article_date' => '2023-02-24 14:00:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17111', 'article_category_id' => '1', 'title' => 'Preparations Underway to Open Essential Government Offices on Public Holidays', 'sub_title' => '', 'summary' => 'February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. Following widespread complaints that there were too many public holidays, the cabinet meeting held on Thursday discussed about opening essential offices on public holidays as well.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the information shared by a cabinet minister, the government is planning to give additional facilities or some other arrangements to the government employees who work on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government is preparing to open the Department of Passport, Department of Foreign Employment, district administration offices under the Ministry of Home Affairs, hospitals, banks, police stations, etc open on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Prime Minister Pushpa Kamal Dahal was criticized after declaring public holidays on February 13 on the occasion of People’s War Day. The government announced holiday on February 13 within a few days after PM Dahal publicly said there were too many public holidays. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Dahal-led government has already given three days of additional public holidays within two months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government announced a public holiday to mourn the day after the plane crash of Yeti Airlines in Pokhara on January 15. Before that, to please the ruling partner Rastriya Prajatantra Party, the government announced a holiday saying that Prithvi Jayanti would be celebrated on January 11 as the National Unity Day.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, instead of reducing public holidays, the government is preparing to open some offices on holidays. Some have understood this as a diplomatic move by Dahal to avoid criticism.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16849', 'image' => '20230224010200_1677194359.Clipboard07.jpg', 'article_date' => '2023-02-24 13:01:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17110', 'article_category_id' => '1', 'title' => 'Foreign Exchange Rate of US Dollar Declines: NRB', 'sub_title' => '', 'summary' => 'February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. ', '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"">February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. The latest list of foreign currency exchange rates published by Nepal Rastra Bank on Friday shows that the US dollar has depreciated.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the rate published by NRB for Friday, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">08</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">68</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. Until a day ago, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> paisa and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">87</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The price of euro has also decreased on Friday. The buying rate per euro is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of euro was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the pound sterling has also decreased on Friday. The buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">158</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"">98 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling was fixed at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">85 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">160</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"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16848', 'image' => '20230224121050_1677216922.1665294814.jpg', 'article_date' => '2023-02-24 12:09:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17109', 'article_category_id' => '1', 'title' => 'Hetauda Cement Industry Resumes Operation ', 'sub_title' => '', 'summary' => 'February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. The industry was forced to close temporarily due to the unavailability of coal, said the industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the company had called for bids to supply of 8,000 metric tonnes of coal, it has only received 1,600 metric tons, said Deputy General Manager of the industry Nabin Kumar Karna. He added that the amount supplied would last only for 15 days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coal is being supplied from India, Bhutan, Indonesia and Pakistan, he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16847', 'image' => '20230224111424_cementtttt.jpg', 'article_date' => '2023-02-24 11:13:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17108', 'article_category_id' => '277', 'title' => 'Lalbandi Exports Agricultural Produce Worth Over Rs 1 Billion in Seven Months', 'sub_title' => '', 'summary' => 'Lalbandi agriculture wholesale bazaar management committee has exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23.', 'content' => '<h4> </h4> <div> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">February 24: Lalbandi agriculture wholesale bazaar management committee exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The committee at Lalbandi Municipality-7 exported agricultural produces worth Rs 1.06 billion between 17 July, 2022 and 12 February, 2023, committee manager Shambhu Ghimire said. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The exported agricultural products include tomato, eggplant, black-eyed bean, bottle gourd, bitter gourd, cucumber, cauliflower, cabbage, sponge gourd, green bean, lady finger, radish, green chili, carrot, lamb's quarter, pointed gourd, jackfruit, pumpkin, coriander, lemon, ginger, pea, onion and capsicum, among others. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The agricultural products produced mostly in Lalbandi, Hariwan, Haripur and Ishworpur in Sarlahi district were exported to the places outside the district including Sindhuli, Ramechhap, Kathmandu, Pokhara, Butwal, Bhairahawa, Narayangadh, Nepalgunj, Hetauda, Birgunj, Gaur, Janakpur, Siraha, Biratnagar and Ithari among others, said the committee chair Toran Bahadur Magar. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif""> The foundation stone has been laid for a six-room building of the committee, which is under the purview of the federal government. The over Rs 5 million project will be completed within the current fiscal year, said Magar. </span></span></span></span></p> </div> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16846', 'image' => '20230224054451_collage - 2023-02-23T180159.019.jpg', 'article_date' => '2023-02-24 05:37:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17107', 'article_category_id' => '1', 'title' => 'Finance Minister Poudel Leaves for India to Attend G20 Finance Ministers’ Meeting', 'sub_title' => '', 'summary' => ' Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. </span></p> <p><span style="font-size:18px">Finance Poudel is accompanied by Shree Krishna Nepal, chief of International Economic Cooperation Coordination Division, Ministry of Finance. The meeting will be held on February 24 and 25 in Bangalore officially known as Bengaluru, Karnataka. </span></p> <p><span style="font-size:18px">Though Nepal is not the G-20 member, Poudel is attending the meeting as an invitee when India is taking its presidency. The Deputy Prime Minister and Finance Minister is scheduled to hold meetings with his counterparts from various nations including India on the sidelines of the gathering. </span></p> <p><span style="font-size:18px">Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the USA are the members in the Group of Twenty (G20). The Minister is scheduled to return home on February 25, according to the Ministry.</span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16845', 'image' => '20230223055414_collage - 2023-02-23T175407.639.jpg', 'article_date' => '2023-02-23 17:52:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17106', 'article_category_id' => '1', 'title' => 'Round Table Nepal to Organize Fun Run on World Obesity Day ', 'sub_title' => '', 'summary' => 'Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023. </span></p> <p><span style="font-size:18px">The Fun Run managed by N.R.S. Sports Foundation will have Plumber Pipes as the title sponsor and King Koil Mattress as the gold sponsor. </span></p> <p><span style="font-size:18px">With the slogan "Run For Obesity", the Fun Run is expected to attract 1000 participants and will start at 7:30 am. Participants have to pay Rs 200 registration fee, which includes a commemorative T-shirt and a certificate for every participant. </span></p> <p><span style="font-size:18px">The organizers have arranged a warm-up Zumba session to get participants pumped and energized for the run.</span></p> <p><span style="font-size:18px">A non-political and non-sectarian organization, Round Table consists of youths from 18 to 40 years. The mission of Round Table Nepal is to work to provide quality education and health care services for the underprivileged communities.</span></p> <p><span style="font-size:18px">Interested individuals can register for the event through Khalti App or by visiting website of N. R.S. Foundation. </span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16844', 'image' => '20230223050656_collage - 2023-02-23T170517.830.jpg', 'article_date' => '2023-02-23 17:03:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17105', 'article_category_id' => '1', 'title' => 'Pokhara Regional International Airport Launching Night Flight From Thursday ', 'sub_title' => '', 'summary' => 'Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. </span></p> <p><span style="font-size:18px">According to Spokesperson Jagannath Niraula of the Civil Aviation Authority of Nepal (CAAN) to date, flights to and from the Pokhara airport are available from 6:00 am to 4:00 pm and the night flight will be commencing from Thursday night. </span></p> <p><span style="font-size:18px">With the implementation of the Instrument Flight Rules system by the airport, it is able to operate night flights. Niraula said the airport will operate 18 hours in a day: from 6:00 am till midnight.</span></p> <p><span style="font-size:18px">The regional international airport has been in operation since January 1, 2023. Earlier, the flight operation system was assisted by the Visual Flight Rules system.</span></p> <p><span style="font-size:18px">But the airport has switched to an IFR system under which an aircraft is operated under instrument meteorological conditions (IMC), making night flights possible. </span></p> <p><span style="font-size:18px">Private airlines service provider Buddha Air is preparing to launch the night flight at the airport. Buddha Air Spokesperson Dipendra Karna said they are preparing for operating Pokhara-Kathmandu and Kathmandu-Pokhara night flight from Thursday. ---RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16843', 'image' => '20230223034849_collage - 2023-02-23T153817.721.jpg', 'article_date' => '2023-02-23 15:46:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17104', 'article_category_id' => '1', 'title' => 'Myagdi Farmers Find their Calling in Potato Farming ', 'sub_title' => '', 'summary' => 'February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. A group of farmers associated with the Lagansheel Multipurpose Farmers' Group has cultivated potatoes in 44 ropanis of land by removing shrubs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 18 farmers associated with the group have commercially engaged in the farming, said the group's chairperson Gausara BK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The group is at work to expand the cultivation to 100 ropanis of land at Mareni, Paireni and Lamsung this year, said BK, adding that the farmers have planted seed potato by taking 44 ropanis of land on lease at Mareni. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Potato farming is done in the pocket area for potato programme launched by the rural municipality, said Amrit Thapa, technical assistant at the agriculture section of the rural municipality. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"The land that remained barren for long has been properly utilized with the cultivating of potato. Local farmers have been encouraged to continue farming. It will help generate income for them," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The rural municipality has allocated Rs 1.2 million under the programme in the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government will provide Rs 600,000 each to the selected applicants under the programme, said the agriculture section. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16842', 'image' => '20230223110227_potato-farming.jpg', 'article_date' => '2023-02-23 11:01:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17103', 'article_category_id' => '1', 'title' => 'Paddy Production Declines', 'sub_title' => '', 'summary' => 'February 23: This year, there has been a decline in paddy production in Dhanusha district. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: This year, there has been a decline in paddy production in Dhanusha district. The Agricultural Knowledge Center Dhanusha informed New Business Age that paddy production decreased by more than 32,000 metric tons this year compared to the last year. Dhanusha district produces paddy the most in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the center, this year's production declined by 32,760 metric tons compared to last year. The farmers produced 146,280 metric tons of paddy in an area of 48,760 hectares this year. Last year, they produced 179,000 thousand tons of paddy in 55.806 hectares of land </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Horticulture Development Officer Pradeep Kumar Yadav said that farmers reduced the area of paddy cultivation this year and started fishery. A total of 700,000 farmers of the district are engazed in paddy cultivation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Out of the 18 municipalities of the district, 14 local level farmers cultivate paddy commercially except Ganeshman Charnath Municipality, Mithila Municipality, Bateshwarnath Municipality and Kshireshwarnath Municipality.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16841', 'image' => '20230223105955_paddyyyyy.jpg', 'article_date' => '2023-02-23 10:59:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17102', 'article_category_id' => '1', 'title' => '‘Banks cannot Write Off Loan due to Personal Request’', 'sub_title' => '', 'summary' => 'February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. He made such a comment at the financial literacy program organized by the Nepal Microfinance Bankers Association at the district headquarters of Gorkha on Tuesday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Governor Kshetry praised the microfinance companies for providing services without increasing interest rate amid liquidity crisis in the banking system.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that if the debtor invest the loan according to the purpose for which the loan was taken, there will be no problem in paying the interest. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“There won’t be much problems if the loan is properly utilized. Both the loan investment institution and the debtor should be aware of proper utilization of the loan,” he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He requested the microfinance clients to utilize the loan properly and said that if the loan is misused, the investment will go down the drain. He emphasized that the members should be aware of the legal issues they will have to face.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nabina Dhakal, deputy director of NRB's Gandaki provincial office, said that microfinance plays an important role in boosting the rural economy. Chief District Officer of Gorkha District, Dinesh Sagar Bhusal said that they customers of microfinance should establish themselves as disciplined members without spoiling the business. He said that they should seek legal remedies if microfinance acted against the policy.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16840', 'image' => '20230223105840_Banks - Copy.jpg', 'article_date' => '2023-02-23 10:57:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17101', 'article_category_id' => '1', 'title' => 'Poultry Industry worth Rs 160 Billion at Risk of Collapse', 'sub_title' => '', 'summary' => 'February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing. Poultry farmers have said that the business, which has an investment of Rs 160 billion, is in danger of collapsing due to the loss during the Covid-19 pandemic and the slowdown in the world economy. The government declared the poultry industry to be self-sufficient two years ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Due to the ups and downs in the world economy, the prices of raw materials and medicines for the production of chicken feeds have increased, and the danger of farmers not even getting the cost price has increased. According to the president of the Nepal Hatchery Industry Association, Rishi Ram Paudel, hatchery businessmen have started shutting down the industry because they are not getting the price of chicks according to the production cost. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 368 industries, 150 have been closed. The industries that are operating are also running at 60 per cent capacity. Similarly, businessmen claim that 50 per cent of the 114 seed industries are shut.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under normal conditions, the hatchery industry in Nepal used to produce 4.5 million chicks per week. Now the production capacity has been reduced by 2 million to 2.5 million. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"After the prices of raw materials such as feed and medicines skyrocketed, the farmers stopped asking for chicks," said Chairman Paudel, "We are forced to sell chicks that cost Rs 55 for Rs 40.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">There was also a situation where hundreds of thousands of chickens had to be destroyed because they were not sold. Even in such a situation, the middleman imported ready-made meat from India a month ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Two years ago, the price of corn used for feed was Rs 20 per kg. Now it has reached Rs 42. Meanwhile, the price of soybean has increased from Rs 75 per kg to Rs 125. The price of medicines has also gone up, due to which poultry farmers have also started to shift to other profession, said Dineshraj Mishra, general secretary of the Poultry Traders Federation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that he is unable to pay the interest and instalments of the bank.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The ups and downs in the poultry business have affected the consumers. Due to the high price of raw materials, the price of broiler chicken meat, which was Rs 330 a kg until a month ago, has increased to Rs 360, according to Meat Traders Association.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nepal Egg Producers Association increased the price of eggs from Wednesday on the initiative of egg producers who were not getting the price according to their cost due to the dominance of middlemen in the market. According to the increased price, farmers will get Rs 10.16 paise per egg. Earlier, the per-piece price received by the farmers was Rs 8.25.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16839', 'image' => '20230223105726_1677021732.Clipboard07.jpg', 'article_date' => '2023-02-23 10:56:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '17115', 'article_category_id' => '218', 'title' => 'Himalayan and Civil Bank Limited Commence Joint Operation From Friday ', 'sub_title' => '', 'summary' => 'Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started the joint operation from February 24,2023(Friday).', 'content' => '<p> </p> <p><span style="font-size:18px">February 24: Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started joint operation from February 24,2023(Friday).</span></p> <p><span style="font-size:18px">Following the acquisition, the transaction will be carried out under “Himalayan Bank Limited”. Ashok Shumsher Rana is the Chief Executive Officer(CEO) of the bank.</span></p> <p><span style="font-size:18px">Earlier, both the banks had reached a preliminary agreement to for acquisition on Ashad 29, 2079 BS. <br /> After the acquisition, the Himalayan Bank ‘s total paid-up capital has reached Rs 34 billion. Likewise, total deposits have reached Rs 274 billion and total loans Rs 250 billion. The total branch network of the bank has reached 189.</span></p> <p><span style="font-size:18px">Speaking at the inaugural ceremony of the joint transaction of the Himalayan and Civil Bank, CEO Ashok Shumsher Rana said that bank ranked in the seventh and sixth positions in terms of deposits and lending respectively. </span><br /> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16853', 'image' => '20230224045641_collage - 2023-02-24T165844.126.jpg', 'article_date' => '2023-02-24 16:51:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17114', 'article_category_id' => '1', 'title' => 'Nepal backs UN Resolution against Russia's Hostilities in Ukraine ', 'sub_title' => '', 'summary' => 'February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. The resolution calls for Russia to end its hostilities in its neighbour and withdraw its forces from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal taking part in an emergency Special General Assembly held in the UN Headquarters in New York on Thursday voted in favour of the resolution that calls for restoration of peace in Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 141 nations, out of 193 UN member countries, backed the resolution approved by the UN General Assembly on the eve of the first anniversary of the invasion. Through the resolution, the UN has urged Russia to withdraw its troops from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Permanent Representative to the United Nations, Amrit Rai said Nepal's backing the UN resolution to end hostilities in Ukraine sends a strong message that is in favour of Ukraine’s sovereignty and independence. “Through the voting, we urged for finding ways for restoring peace in Ukraine.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The UN has expressed its concerns over increasing food insecurity, inflation and poverty due to disruptions in the global supplies chain owing to Russia’s hostilities in Ukraine since a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Russia launched its attacks on Ukraine on February 24, 2022. Though a large number of people are believed to have been the victims of the conflict, official data in this regard is not available. When 141 nations including Nepal supported the resolution, 32 abstained and seven: Belarus, North Korea, Eritrea, Mali, Nicaragua, Syria and Russia voted against it. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16852', 'image' => '20230224044120_Rai_WTniRMr.width-800.jpg', 'article_date' => '2023-02-24 16:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17113', 'article_category_id' => '1', 'title' => 'NRB Tightens the Screws on Microfinance Companies', 'sub_title' => '', 'summary' => 'February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the new provision, microfinance companies must keep 100 percent cash reserve if they propose issuing 15 percent dividend.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the revised directives of NRB, if such companies want to issue more than 15 percent dividend (cash or shares), they must deposit 50 percent of the dividend exceeding 15 percent in the general reserve fund, 35 percent in the customer protection fund and 10 percent in the corporate social responsibility fund. According to this arrangement, when a microfinance company gives more than 15 percent dividend, it has to keep Rs 95 in various reserve funds while issuing dividend of Rs 100.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, microfinance companies were required to keep 50 percent of the amount w in the general reserve fund and 25 percent in the customer protection fund only in case of issuing more than 20 percent dividend. No matter how much dividend was distributed, not more than 1 percent of net profit was required to be spent on corporate social responsibility.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, in the past, the limit of micro enterprise loan which was Rs 1,500,000 with mortgage has now been lowered to Rs 700,000, while borrowers who take loans from commercial banks, development banks and finance companies not allowed to take loans from micro finance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that orientation of directors should be done within Nepal. Since the location was not mentioned earlier, the directors used to go abroad for orientation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Employees working in microfinance companies should be given training related to microfinance transactions at least once every 2 years. The details of the training provided by the organization should be published on the website every 6 months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that the interest rate of deposits and loans should differ by only 50 percent from now on. Earlier, there was no provision regarding the minimum interest rate on savings.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16851', 'image' => '20230224024652_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-02-24 14:46:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17112', 'article_category_id' => '1', 'title' => 'CBFIN discusses Nepal’s Economic Situation with IMF', 'sub_title' => '', 'summary' => 'February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The two sides discussed about the current economic situation of Nepal in the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Turunen, the head of the mission team of the IMF, said that he came to Nepal to review the current state of Nepal's economy and to consult with the stakeholders regarding the post-Covid-19 scenario. During the discussion, the representative of CBFIN informed the visiting delegates about various topics including import, liquidity problem and its impact, shrinking of profits of banks and financial institutions, decline in the capital market, the implementation status of a provision of Banking and Financial Institutions Act (BAFIA) which can convert promoter shares into ordinary shares, increase in non-performing loans, rising interest rates, lack of loanable capital, etc.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The representatives of the team from the IMF said that they will study the current economic problems of Nepal and prepare a report. Saying that the meeting and discussion were meaningful, the representative of the IMF relayed the message that they will continue the discussion and cooperation with CBFIN on various issues in the financial and banking sector in the future as well.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The discussion was attended by Teresa Daban Sanchez, the resident representative of IMF Nepal, Russell Green, senior economist of IMF, and CBFIN Vice President Rajesh Upadhyay, Secretary General Rajan Singh Bhandari, Executive Member Radhesh Panta and Director General Dr. Gopal Prasad Tiwari.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16850', 'image' => '20230224020043_1677194233.Clipboard05.jpg', 'article_date' => '2023-02-24 14:00:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17111', 'article_category_id' => '1', 'title' => 'Preparations Underway to Open Essential Government Offices on Public Holidays', 'sub_title' => '', 'summary' => 'February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. Following widespread complaints that there were too many public holidays, the cabinet meeting held on Thursday discussed about opening essential offices on public holidays as well.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the information shared by a cabinet minister, the government is planning to give additional facilities or some other arrangements to the government employees who work on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government is preparing to open the Department of Passport, Department of Foreign Employment, district administration offices under the Ministry of Home Affairs, hospitals, banks, police stations, etc open on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Prime Minister Pushpa Kamal Dahal was criticized after declaring public holidays on February 13 on the occasion of People’s War Day. The government announced holiday on February 13 within a few days after PM Dahal publicly said there were too many public holidays. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Dahal-led government has already given three days of additional public holidays within two months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government announced a public holiday to mourn the day after the plane crash of Yeti Airlines in Pokhara on January 15. Before that, to please the ruling partner Rastriya Prajatantra Party, the government announced a holiday saying that Prithvi Jayanti would be celebrated on January 11 as the National Unity Day.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, instead of reducing public holidays, the government is preparing to open some offices on holidays. Some have understood this as a diplomatic move by Dahal to avoid criticism.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16849', 'image' => '20230224010200_1677194359.Clipboard07.jpg', 'article_date' => '2023-02-24 13:01:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17110', 'article_category_id' => '1', 'title' => 'Foreign Exchange Rate of US Dollar Declines: NRB', 'sub_title' => '', 'summary' => 'February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. ', '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"">February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. The latest list of foreign currency exchange rates published by Nepal Rastra Bank on Friday shows that the US dollar has depreciated.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the rate published by NRB for Friday, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">08</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">68</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. Until a day ago, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> paisa and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">87</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The price of euro has also decreased on Friday. The buying rate per euro is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of euro was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the pound sterling has also decreased on Friday. The buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">158</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"">98 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling was fixed at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">85 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">160</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"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16848', 'image' => '20230224121050_1677216922.1665294814.jpg', 'article_date' => '2023-02-24 12:09:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17109', 'article_category_id' => '1', 'title' => 'Hetauda Cement Industry Resumes Operation ', 'sub_title' => '', 'summary' => 'February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. The industry was forced to close temporarily due to the unavailability of coal, said the industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the company had called for bids to supply of 8,000 metric tonnes of coal, it has only received 1,600 metric tons, said Deputy General Manager of the industry Nabin Kumar Karna. He added that the amount supplied would last only for 15 days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coal is being supplied from India, Bhutan, Indonesia and Pakistan, he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16847', 'image' => '20230224111424_cementtttt.jpg', 'article_date' => '2023-02-24 11:13:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17108', 'article_category_id' => '277', 'title' => 'Lalbandi Exports Agricultural Produce Worth Over Rs 1 Billion in Seven Months', 'sub_title' => '', 'summary' => 'Lalbandi agriculture wholesale bazaar management committee has exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23.', 'content' => '<h4> </h4> <div> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">February 24: Lalbandi agriculture wholesale bazaar management committee exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The committee at Lalbandi Municipality-7 exported agricultural produces worth Rs 1.06 billion between 17 July, 2022 and 12 February, 2023, committee manager Shambhu Ghimire said. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The exported agricultural products include tomato, eggplant, black-eyed bean, bottle gourd, bitter gourd, cucumber, cauliflower, cabbage, sponge gourd, green bean, lady finger, radish, green chili, carrot, lamb's quarter, pointed gourd, jackfruit, pumpkin, coriander, lemon, ginger, pea, onion and capsicum, among others. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The agricultural products produced mostly in Lalbandi, Hariwan, Haripur and Ishworpur in Sarlahi district were exported to the places outside the district including Sindhuli, Ramechhap, Kathmandu, Pokhara, Butwal, Bhairahawa, Narayangadh, Nepalgunj, Hetauda, Birgunj, Gaur, Janakpur, Siraha, Biratnagar and Ithari among others, said the committee chair Toran Bahadur Magar. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif""> The foundation stone has been laid for a six-room building of the committee, which is under the purview of the federal government. The over Rs 5 million project will be completed within the current fiscal year, said Magar. </span></span></span></span></p> </div> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16846', 'image' => '20230224054451_collage - 2023-02-23T180159.019.jpg', 'article_date' => '2023-02-24 05:37:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17107', 'article_category_id' => '1', 'title' => 'Finance Minister Poudel Leaves for India to Attend G20 Finance Ministers’ Meeting', 'sub_title' => '', 'summary' => ' Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. </span></p> <p><span style="font-size:18px">Finance Poudel is accompanied by Shree Krishna Nepal, chief of International Economic Cooperation Coordination Division, Ministry of Finance. The meeting will be held on February 24 and 25 in Bangalore officially known as Bengaluru, Karnataka. </span></p> <p><span style="font-size:18px">Though Nepal is not the G-20 member, Poudel is attending the meeting as an invitee when India is taking its presidency. The Deputy Prime Minister and Finance Minister is scheduled to hold meetings with his counterparts from various nations including India on the sidelines of the gathering. </span></p> <p><span style="font-size:18px">Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the USA are the members in the Group of Twenty (G20). The Minister is scheduled to return home on February 25, according to the Ministry.</span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16845', 'image' => '20230223055414_collage - 2023-02-23T175407.639.jpg', 'article_date' => '2023-02-23 17:52:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17106', 'article_category_id' => '1', 'title' => 'Round Table Nepal to Organize Fun Run on World Obesity Day ', 'sub_title' => '', 'summary' => 'Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023. </span></p> <p><span style="font-size:18px">The Fun Run managed by N.R.S. Sports Foundation will have Plumber Pipes as the title sponsor and King Koil Mattress as the gold sponsor. </span></p> <p><span style="font-size:18px">With the slogan "Run For Obesity", the Fun Run is expected to attract 1000 participants and will start at 7:30 am. Participants have to pay Rs 200 registration fee, which includes a commemorative T-shirt and a certificate for every participant. </span></p> <p><span style="font-size:18px">The organizers have arranged a warm-up Zumba session to get participants pumped and energized for the run.</span></p> <p><span style="font-size:18px">A non-political and non-sectarian organization, Round Table consists of youths from 18 to 40 years. The mission of Round Table Nepal is to work to provide quality education and health care services for the underprivileged communities.</span></p> <p><span style="font-size:18px">Interested individuals can register for the event through Khalti App or by visiting website of N. R.S. Foundation. </span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16844', 'image' => '20230223050656_collage - 2023-02-23T170517.830.jpg', 'article_date' => '2023-02-23 17:03:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17105', 'article_category_id' => '1', 'title' => 'Pokhara Regional International Airport Launching Night Flight From Thursday ', 'sub_title' => '', 'summary' => 'Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. </span></p> <p><span style="font-size:18px">According to Spokesperson Jagannath Niraula of the Civil Aviation Authority of Nepal (CAAN) to date, flights to and from the Pokhara airport are available from 6:00 am to 4:00 pm and the night flight will be commencing from Thursday night. </span></p> <p><span style="font-size:18px">With the implementation of the Instrument Flight Rules system by the airport, it is able to operate night flights. Niraula said the airport will operate 18 hours in a day: from 6:00 am till midnight.</span></p> <p><span style="font-size:18px">The regional international airport has been in operation since January 1, 2023. Earlier, the flight operation system was assisted by the Visual Flight Rules system.</span></p> <p><span style="font-size:18px">But the airport has switched to an IFR system under which an aircraft is operated under instrument meteorological conditions (IMC), making night flights possible. </span></p> <p><span style="font-size:18px">Private airlines service provider Buddha Air is preparing to launch the night flight at the airport. Buddha Air Spokesperson Dipendra Karna said they are preparing for operating Pokhara-Kathmandu and Kathmandu-Pokhara night flight from Thursday. ---RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16843', 'image' => '20230223034849_collage - 2023-02-23T153817.721.jpg', 'article_date' => '2023-02-23 15:46:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17104', 'article_category_id' => '1', 'title' => 'Myagdi Farmers Find their Calling in Potato Farming ', 'sub_title' => '', 'summary' => 'February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. A group of farmers associated with the Lagansheel Multipurpose Farmers' Group has cultivated potatoes in 44 ropanis of land by removing shrubs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 18 farmers associated with the group have commercially engaged in the farming, said the group's chairperson Gausara BK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The group is at work to expand the cultivation to 100 ropanis of land at Mareni, Paireni and Lamsung this year, said BK, adding that the farmers have planted seed potato by taking 44 ropanis of land on lease at Mareni. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Potato farming is done in the pocket area for potato programme launched by the rural municipality, said Amrit Thapa, technical assistant at the agriculture section of the rural municipality. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"The land that remained barren for long has been properly utilized with the cultivating of potato. Local farmers have been encouraged to continue farming. It will help generate income for them," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The rural municipality has allocated Rs 1.2 million under the programme in the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government will provide Rs 600,000 each to the selected applicants under the programme, said the agriculture section. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16842', 'image' => '20230223110227_potato-farming.jpg', 'article_date' => '2023-02-23 11:01:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17103', 'article_category_id' => '1', 'title' => 'Paddy Production Declines', 'sub_title' => '', 'summary' => 'February 23: This year, there has been a decline in paddy production in Dhanusha district. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: This year, there has been a decline in paddy production in Dhanusha district. The Agricultural Knowledge Center Dhanusha informed New Business Age that paddy production decreased by more than 32,000 metric tons this year compared to the last year. Dhanusha district produces paddy the most in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the center, this year's production declined by 32,760 metric tons compared to last year. The farmers produced 146,280 metric tons of paddy in an area of 48,760 hectares this year. Last year, they produced 179,000 thousand tons of paddy in 55.806 hectares of land </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Horticulture Development Officer Pradeep Kumar Yadav said that farmers reduced the area of paddy cultivation this year and started fishery. A total of 700,000 farmers of the district are engazed in paddy cultivation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Out of the 18 municipalities of the district, 14 local level farmers cultivate paddy commercially except Ganeshman Charnath Municipality, Mithila Municipality, Bateshwarnath Municipality and Kshireshwarnath Municipality.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16841', 'image' => '20230223105955_paddyyyyy.jpg', 'article_date' => '2023-02-23 10:59:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17102', 'article_category_id' => '1', 'title' => '‘Banks cannot Write Off Loan due to Personal Request’', 'sub_title' => '', 'summary' => 'February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. He made such a comment at the financial literacy program organized by the Nepal Microfinance Bankers Association at the district headquarters of Gorkha on Tuesday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Governor Kshetry praised the microfinance companies for providing services without increasing interest rate amid liquidity crisis in the banking system.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that if the debtor invest the loan according to the purpose for which the loan was taken, there will be no problem in paying the interest. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“There won’t be much problems if the loan is properly utilized. Both the loan investment institution and the debtor should be aware of proper utilization of the loan,” he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He requested the microfinance clients to utilize the loan properly and said that if the loan is misused, the investment will go down the drain. He emphasized that the members should be aware of the legal issues they will have to face.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nabina Dhakal, deputy director of NRB's Gandaki provincial office, said that microfinance plays an important role in boosting the rural economy. Chief District Officer of Gorkha District, Dinesh Sagar Bhusal said that they customers of microfinance should establish themselves as disciplined members without spoiling the business. He said that they should seek legal remedies if microfinance acted against the policy.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16840', 'image' => '20230223105840_Banks - Copy.jpg', 'article_date' => '2023-02-23 10:57:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17101', 'article_category_id' => '1', 'title' => 'Poultry Industry worth Rs 160 Billion at Risk of Collapse', 'sub_title' => '', 'summary' => 'February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing. Poultry farmers have said that the business, which has an investment of Rs 160 billion, is in danger of collapsing due to the loss during the Covid-19 pandemic and the slowdown in the world economy. The government declared the poultry industry to be self-sufficient two years ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Due to the ups and downs in the world economy, the prices of raw materials and medicines for the production of chicken feeds have increased, and the danger of farmers not even getting the cost price has increased. According to the president of the Nepal Hatchery Industry Association, Rishi Ram Paudel, hatchery businessmen have started shutting down the industry because they are not getting the price of chicks according to the production cost. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 368 industries, 150 have been closed. The industries that are operating are also running at 60 per cent capacity. Similarly, businessmen claim that 50 per cent of the 114 seed industries are shut.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under normal conditions, the hatchery industry in Nepal used to produce 4.5 million chicks per week. Now the production capacity has been reduced by 2 million to 2.5 million. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"After the prices of raw materials such as feed and medicines skyrocketed, the farmers stopped asking for chicks," said Chairman Paudel, "We are forced to sell chicks that cost Rs 55 for Rs 40.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">There was also a situation where hundreds of thousands of chickens had to be destroyed because they were not sold. Even in such a situation, the middleman imported ready-made meat from India a month ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Two years ago, the price of corn used for feed was Rs 20 per kg. Now it has reached Rs 42. Meanwhile, the price of soybean has increased from Rs 75 per kg to Rs 125. The price of medicines has also gone up, due to which poultry farmers have also started to shift to other profession, said Dineshraj Mishra, general secretary of the Poultry Traders Federation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that he is unable to pay the interest and instalments of the bank.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The ups and downs in the poultry business have affected the consumers. Due to the high price of raw materials, the price of broiler chicken meat, which was Rs 330 a kg until a month ago, has increased to Rs 360, according to Meat Traders Association.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nepal Egg Producers Association increased the price of eggs from Wednesday on the initiative of egg producers who were not getting the price according to their cost due to the dominance of middlemen in the market. According to the increased price, farmers will get Rs 10.16 paise per egg. Earlier, the per-piece price received by the farmers was Rs 8.25.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16839', 'image' => '20230223105726_1677021732.Clipboard07.jpg', 'article_date' => '2023-02-23 10:56:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '17115', 'article_category_id' => '218', 'title' => 'Himalayan and Civil Bank Limited Commence Joint Operation From Friday ', 'sub_title' => '', 'summary' => 'Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started the joint operation from February 24,2023(Friday).', 'content' => '<p> </p> <p><span style="font-size:18px">February 24: Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started joint operation from February 24,2023(Friday).</span></p> <p><span style="font-size:18px">Following the acquisition, the transaction will be carried out under “Himalayan Bank Limited”. Ashok Shumsher Rana is the Chief Executive Officer(CEO) of the bank.</span></p> <p><span style="font-size:18px">Earlier, both the banks had reached a preliminary agreement to for acquisition on Ashad 29, 2079 BS. <br /> After the acquisition, the Himalayan Bank ‘s total paid-up capital has reached Rs 34 billion. Likewise, total deposits have reached Rs 274 billion and total loans Rs 250 billion. The total branch network of the bank has reached 189.</span></p> <p><span style="font-size:18px">Speaking at the inaugural ceremony of the joint transaction of the Himalayan and Civil Bank, CEO Ashok Shumsher Rana said that bank ranked in the seventh and sixth positions in terms of deposits and lending respectively. </span><br /> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16853', 'image' => '20230224045641_collage - 2023-02-24T165844.126.jpg', 'article_date' => '2023-02-24 16:51:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17114', 'article_category_id' => '1', 'title' => 'Nepal backs UN Resolution against Russia's Hostilities in Ukraine ', 'sub_title' => '', 'summary' => 'February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. The resolution calls for Russia to end its hostilities in its neighbour and withdraw its forces from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal taking part in an emergency Special General Assembly held in the UN Headquarters in New York on Thursday voted in favour of the resolution that calls for restoration of peace in Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 141 nations, out of 193 UN member countries, backed the resolution approved by the UN General Assembly on the eve of the first anniversary of the invasion. Through the resolution, the UN has urged Russia to withdraw its troops from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Permanent Representative to the United Nations, Amrit Rai said Nepal's backing the UN resolution to end hostilities in Ukraine sends a strong message that is in favour of Ukraine’s sovereignty and independence. “Through the voting, we urged for finding ways for restoring peace in Ukraine.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The UN has expressed its concerns over increasing food insecurity, inflation and poverty due to disruptions in the global supplies chain owing to Russia’s hostilities in Ukraine since a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Russia launched its attacks on Ukraine on February 24, 2022. Though a large number of people are believed to have been the victims of the conflict, official data in this regard is not available. When 141 nations including Nepal supported the resolution, 32 abstained and seven: Belarus, North Korea, Eritrea, Mali, Nicaragua, Syria and Russia voted against it. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16852', 'image' => '20230224044120_Rai_WTniRMr.width-800.jpg', 'article_date' => '2023-02-24 16:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17113', 'article_category_id' => '1', 'title' => 'NRB Tightens the Screws on Microfinance Companies', 'sub_title' => '', 'summary' => 'February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the new provision, microfinance companies must keep 100 percent cash reserve if they propose issuing 15 percent dividend.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the revised directives of NRB, if such companies want to issue more than 15 percent dividend (cash or shares), they must deposit 50 percent of the dividend exceeding 15 percent in the general reserve fund, 35 percent in the customer protection fund and 10 percent in the corporate social responsibility fund. According to this arrangement, when a microfinance company gives more than 15 percent dividend, it has to keep Rs 95 in various reserve funds while issuing dividend of Rs 100.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, microfinance companies were required to keep 50 percent of the amount w in the general reserve fund and 25 percent in the customer protection fund only in case of issuing more than 20 percent dividend. No matter how much dividend was distributed, not more than 1 percent of net profit was required to be spent on corporate social responsibility.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, in the past, the limit of micro enterprise loan which was Rs 1,500,000 with mortgage has now been lowered to Rs 700,000, while borrowers who take loans from commercial banks, development banks and finance companies not allowed to take loans from micro finance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that orientation of directors should be done within Nepal. Since the location was not mentioned earlier, the directors used to go abroad for orientation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Employees working in microfinance companies should be given training related to microfinance transactions at least once every 2 years. The details of the training provided by the organization should be published on the website every 6 months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that the interest rate of deposits and loans should differ by only 50 percent from now on. Earlier, there was no provision regarding the minimum interest rate on savings.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16851', 'image' => '20230224024652_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-02-24 14:46:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17112', 'article_category_id' => '1', 'title' => 'CBFIN discusses Nepal’s Economic Situation with IMF', 'sub_title' => '', 'summary' => 'February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The two sides discussed about the current economic situation of Nepal in the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Turunen, the head of the mission team of the IMF, said that he came to Nepal to review the current state of Nepal's economy and to consult with the stakeholders regarding the post-Covid-19 scenario. During the discussion, the representative of CBFIN informed the visiting delegates about various topics including import, liquidity problem and its impact, shrinking of profits of banks and financial institutions, decline in the capital market, the implementation status of a provision of Banking and Financial Institutions Act (BAFIA) which can convert promoter shares into ordinary shares, increase in non-performing loans, rising interest rates, lack of loanable capital, etc.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The representatives of the team from the IMF said that they will study the current economic problems of Nepal and prepare a report. Saying that the meeting and discussion were meaningful, the representative of the IMF relayed the message that they will continue the discussion and cooperation with CBFIN on various issues in the financial and banking sector in the future as well.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The discussion was attended by Teresa Daban Sanchez, the resident representative of IMF Nepal, Russell Green, senior economist of IMF, and CBFIN Vice President Rajesh Upadhyay, Secretary General Rajan Singh Bhandari, Executive Member Radhesh Panta and Director General Dr. Gopal Prasad Tiwari.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16850', 'image' => '20230224020043_1677194233.Clipboard05.jpg', 'article_date' => '2023-02-24 14:00:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17111', 'article_category_id' => '1', 'title' => 'Preparations Underway to Open Essential Government Offices on Public Holidays', 'sub_title' => '', 'summary' => 'February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. Following widespread complaints that there were too many public holidays, the cabinet meeting held on Thursday discussed about opening essential offices on public holidays as well.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the information shared by a cabinet minister, the government is planning to give additional facilities or some other arrangements to the government employees who work on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government is preparing to open the Department of Passport, Department of Foreign Employment, district administration offices under the Ministry of Home Affairs, hospitals, banks, police stations, etc open on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Prime Minister Pushpa Kamal Dahal was criticized after declaring public holidays on February 13 on the occasion of People’s War Day. The government announced holiday on February 13 within a few days after PM Dahal publicly said there were too many public holidays. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Dahal-led government has already given three days of additional public holidays within two months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government announced a public holiday to mourn the day after the plane crash of Yeti Airlines in Pokhara on January 15. Before that, to please the ruling partner Rastriya Prajatantra Party, the government announced a holiday saying that Prithvi Jayanti would be celebrated on January 11 as the National Unity Day.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, instead of reducing public holidays, the government is preparing to open some offices on holidays. Some have understood this as a diplomatic move by Dahal to avoid criticism.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16849', 'image' => '20230224010200_1677194359.Clipboard07.jpg', 'article_date' => '2023-02-24 13:01:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17110', 'article_category_id' => '1', 'title' => 'Foreign Exchange Rate of US Dollar Declines: NRB', 'sub_title' => '', 'summary' => 'February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. ', '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"">February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. The latest list of foreign currency exchange rates published by Nepal Rastra Bank on Friday shows that the US dollar has depreciated.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the rate published by NRB for Friday, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">08</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">68</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. Until a day ago, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> paisa and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">87</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The price of euro has also decreased on Friday. The buying rate per euro is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of euro was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the pound sterling has also decreased on Friday. The buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">158</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"">98 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling was fixed at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">85 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">160</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"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16848', 'image' => '20230224121050_1677216922.1665294814.jpg', 'article_date' => '2023-02-24 12:09:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17109', 'article_category_id' => '1', 'title' => 'Hetauda Cement Industry Resumes Operation ', 'sub_title' => '', 'summary' => 'February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. The industry was forced to close temporarily due to the unavailability of coal, said the industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the company had called for bids to supply of 8,000 metric tonnes of coal, it has only received 1,600 metric tons, said Deputy General Manager of the industry Nabin Kumar Karna. He added that the amount supplied would last only for 15 days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coal is being supplied from India, Bhutan, Indonesia and Pakistan, he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16847', 'image' => '20230224111424_cementtttt.jpg', 'article_date' => '2023-02-24 11:13:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17108', 'article_category_id' => '277', 'title' => 'Lalbandi Exports Agricultural Produce Worth Over Rs 1 Billion in Seven Months', 'sub_title' => '', 'summary' => 'Lalbandi agriculture wholesale bazaar management committee has exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23.', 'content' => '<h4> </h4> <div> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">February 24: Lalbandi agriculture wholesale bazaar management committee exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The committee at Lalbandi Municipality-7 exported agricultural produces worth Rs 1.06 billion between 17 July, 2022 and 12 February, 2023, committee manager Shambhu Ghimire said. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The exported agricultural products include tomato, eggplant, black-eyed bean, bottle gourd, bitter gourd, cucumber, cauliflower, cabbage, sponge gourd, green bean, lady finger, radish, green chili, carrot, lamb's quarter, pointed gourd, jackfruit, pumpkin, coriander, lemon, ginger, pea, onion and capsicum, among others. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The agricultural products produced mostly in Lalbandi, Hariwan, Haripur and Ishworpur in Sarlahi district were exported to the places outside the district including Sindhuli, Ramechhap, Kathmandu, Pokhara, Butwal, Bhairahawa, Narayangadh, Nepalgunj, Hetauda, Birgunj, Gaur, Janakpur, Siraha, Biratnagar and Ithari among others, said the committee chair Toran Bahadur Magar. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif""> The foundation stone has been laid for a six-room building of the committee, which is under the purview of the federal government. The over Rs 5 million project will be completed within the current fiscal year, said Magar. </span></span></span></span></p> </div> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16846', 'image' => '20230224054451_collage - 2023-02-23T180159.019.jpg', 'article_date' => '2023-02-24 05:37:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17107', 'article_category_id' => '1', 'title' => 'Finance Minister Poudel Leaves for India to Attend G20 Finance Ministers’ Meeting', 'sub_title' => '', 'summary' => ' Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. </span></p> <p><span style="font-size:18px">Finance Poudel is accompanied by Shree Krishna Nepal, chief of International Economic Cooperation Coordination Division, Ministry of Finance. The meeting will be held on February 24 and 25 in Bangalore officially known as Bengaluru, Karnataka. </span></p> <p><span style="font-size:18px">Though Nepal is not the G-20 member, Poudel is attending the meeting as an invitee when India is taking its presidency. The Deputy Prime Minister and Finance Minister is scheduled to hold meetings with his counterparts from various nations including India on the sidelines of the gathering. </span></p> <p><span style="font-size:18px">Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the USA are the members in the Group of Twenty (G20). The Minister is scheduled to return home on February 25, according to the Ministry.</span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16845', 'image' => '20230223055414_collage - 2023-02-23T175407.639.jpg', 'article_date' => '2023-02-23 17:52:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17106', 'article_category_id' => '1', 'title' => 'Round Table Nepal to Organize Fun Run on World Obesity Day ', 'sub_title' => '', 'summary' => 'Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023. </span></p> <p><span style="font-size:18px">The Fun Run managed by N.R.S. Sports Foundation will have Plumber Pipes as the title sponsor and King Koil Mattress as the gold sponsor. </span></p> <p><span style="font-size:18px">With the slogan "Run For Obesity", the Fun Run is expected to attract 1000 participants and will start at 7:30 am. Participants have to pay Rs 200 registration fee, which includes a commemorative T-shirt and a certificate for every participant. </span></p> <p><span style="font-size:18px">The organizers have arranged a warm-up Zumba session to get participants pumped and energized for the run.</span></p> <p><span style="font-size:18px">A non-political and non-sectarian organization, Round Table consists of youths from 18 to 40 years. The mission of Round Table Nepal is to work to provide quality education and health care services for the underprivileged communities.</span></p> <p><span style="font-size:18px">Interested individuals can register for the event through Khalti App or by visiting website of N. R.S. Foundation. </span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16844', 'image' => '20230223050656_collage - 2023-02-23T170517.830.jpg', 'article_date' => '2023-02-23 17:03:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17105', 'article_category_id' => '1', 'title' => 'Pokhara Regional International Airport Launching Night Flight From Thursday ', 'sub_title' => '', 'summary' => 'Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. </span></p> <p><span style="font-size:18px">According to Spokesperson Jagannath Niraula of the Civil Aviation Authority of Nepal (CAAN) to date, flights to and from the Pokhara airport are available from 6:00 am to 4:00 pm and the night flight will be commencing from Thursday night. </span></p> <p><span style="font-size:18px">With the implementation of the Instrument Flight Rules system by the airport, it is able to operate night flights. Niraula said the airport will operate 18 hours in a day: from 6:00 am till midnight.</span></p> <p><span style="font-size:18px">The regional international airport has been in operation since January 1, 2023. Earlier, the flight operation system was assisted by the Visual Flight Rules system.</span></p> <p><span style="font-size:18px">But the airport has switched to an IFR system under which an aircraft is operated under instrument meteorological conditions (IMC), making night flights possible. </span></p> <p><span style="font-size:18px">Private airlines service provider Buddha Air is preparing to launch the night flight at the airport. Buddha Air Spokesperson Dipendra Karna said they are preparing for operating Pokhara-Kathmandu and Kathmandu-Pokhara night flight from Thursday. ---RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16843', 'image' => '20230223034849_collage - 2023-02-23T153817.721.jpg', 'article_date' => '2023-02-23 15:46:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17104', 'article_category_id' => '1', 'title' => 'Myagdi Farmers Find their Calling in Potato Farming ', 'sub_title' => '', 'summary' => 'February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. A group of farmers associated with the Lagansheel Multipurpose Farmers' Group has cultivated potatoes in 44 ropanis of land by removing shrubs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 18 farmers associated with the group have commercially engaged in the farming, said the group's chairperson Gausara BK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The group is at work to expand the cultivation to 100 ropanis of land at Mareni, Paireni and Lamsung this year, said BK, adding that the farmers have planted seed potato by taking 44 ropanis of land on lease at Mareni. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Potato farming is done in the pocket area for potato programme launched by the rural municipality, said Amrit Thapa, technical assistant at the agriculture section of the rural municipality. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"The land that remained barren for long has been properly utilized with the cultivating of potato. Local farmers have been encouraged to continue farming. It will help generate income for them," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The rural municipality has allocated Rs 1.2 million under the programme in the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government will provide Rs 600,000 each to the selected applicants under the programme, said the agriculture section. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16842', 'image' => '20230223110227_potato-farming.jpg', 'article_date' => '2023-02-23 11:01:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17103', 'article_category_id' => '1', 'title' => 'Paddy Production Declines', 'sub_title' => '', 'summary' => 'February 23: This year, there has been a decline in paddy production in Dhanusha district. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: This year, there has been a decline in paddy production in Dhanusha district. The Agricultural Knowledge Center Dhanusha informed New Business Age that paddy production decreased by more than 32,000 metric tons this year compared to the last year. Dhanusha district produces paddy the most in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the center, this year's production declined by 32,760 metric tons compared to last year. The farmers produced 146,280 metric tons of paddy in an area of 48,760 hectares this year. Last year, they produced 179,000 thousand tons of paddy in 55.806 hectares of land </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Horticulture Development Officer Pradeep Kumar Yadav said that farmers reduced the area of paddy cultivation this year and started fishery. A total of 700,000 farmers of the district are engazed in paddy cultivation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Out of the 18 municipalities of the district, 14 local level farmers cultivate paddy commercially except Ganeshman Charnath Municipality, Mithila Municipality, Bateshwarnath Municipality and Kshireshwarnath Municipality.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16841', 'image' => '20230223105955_paddyyyyy.jpg', 'article_date' => '2023-02-23 10:59:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17102', 'article_category_id' => '1', 'title' => '‘Banks cannot Write Off Loan due to Personal Request’', 'sub_title' => '', 'summary' => 'February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. He made such a comment at the financial literacy program organized by the Nepal Microfinance Bankers Association at the district headquarters of Gorkha on Tuesday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Governor Kshetry praised the microfinance companies for providing services without increasing interest rate amid liquidity crisis in the banking system.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that if the debtor invest the loan according to the purpose for which the loan was taken, there will be no problem in paying the interest. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“There won’t be much problems if the loan is properly utilized. Both the loan investment institution and the debtor should be aware of proper utilization of the loan,” he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He requested the microfinance clients to utilize the loan properly and said that if the loan is misused, the investment will go down the drain. He emphasized that the members should be aware of the legal issues they will have to face.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nabina Dhakal, deputy director of NRB's Gandaki provincial office, said that microfinance plays an important role in boosting the rural economy. Chief District Officer of Gorkha District, Dinesh Sagar Bhusal said that they customers of microfinance should establish themselves as disciplined members without spoiling the business. He said that they should seek legal remedies if microfinance acted against the policy.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16840', 'image' => '20230223105840_Banks - Copy.jpg', 'article_date' => '2023-02-23 10:57:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17101', 'article_category_id' => '1', 'title' => 'Poultry Industry worth Rs 160 Billion at Risk of Collapse', 'sub_title' => '', 'summary' => 'February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing. Poultry farmers have said that the business, which has an investment of Rs 160 billion, is in danger of collapsing due to the loss during the Covid-19 pandemic and the slowdown in the world economy. The government declared the poultry industry to be self-sufficient two years ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Due to the ups and downs in the world economy, the prices of raw materials and medicines for the production of chicken feeds have increased, and the danger of farmers not even getting the cost price has increased. According to the president of the Nepal Hatchery Industry Association, Rishi Ram Paudel, hatchery businessmen have started shutting down the industry because they are not getting the price of chicks according to the production cost. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 368 industries, 150 have been closed. The industries that are operating are also running at 60 per cent capacity. Similarly, businessmen claim that 50 per cent of the 114 seed industries are shut.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under normal conditions, the hatchery industry in Nepal used to produce 4.5 million chicks per week. Now the production capacity has been reduced by 2 million to 2.5 million. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"After the prices of raw materials such as feed and medicines skyrocketed, the farmers stopped asking for chicks," said Chairman Paudel, "We are forced to sell chicks that cost Rs 55 for Rs 40.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">There was also a situation where hundreds of thousands of chickens had to be destroyed because they were not sold. Even in such a situation, the middleman imported ready-made meat from India a month ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Two years ago, the price of corn used for feed was Rs 20 per kg. Now it has reached Rs 42. Meanwhile, the price of soybean has increased from Rs 75 per kg to Rs 125. The price of medicines has also gone up, due to which poultry farmers have also started to shift to other profession, said Dineshraj Mishra, general secretary of the Poultry Traders Federation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that he is unable to pay the interest and instalments of the bank.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The ups and downs in the poultry business have affected the consumers. Due to the high price of raw materials, the price of broiler chicken meat, which was Rs 330 a kg until a month ago, has increased to Rs 360, according to Meat Traders Association.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nepal Egg Producers Association increased the price of eggs from Wednesday on the initiative of egg producers who were not getting the price according to their cost due to the dominance of middlemen in the market. According to the increased price, farmers will get Rs 10.16 paise per egg. Earlier, the per-piece price received by the farmers was Rs 8.25.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16839', 'image' => '20230223105726_1677021732.Clipboard07.jpg', 'article_date' => '2023-02-23 10:56:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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After the acquisition, the two entities have started the joint operation from February 24,2023(Friday).', 'content' => '<p> </p> <p><span style="font-size:18px">February 24: Himalayan Bank Limited has successfully acquired Civil Bank Limited. After the acquisition, the two entities have started joint operation from February 24,2023(Friday).</span></p> <p><span style="font-size:18px">Following the acquisition, the transaction will be carried out under “Himalayan Bank Limited”. Ashok Shumsher Rana is the Chief Executive Officer(CEO) of the bank.</span></p> <p><span style="font-size:18px">Earlier, both the banks had reached a preliminary agreement to for acquisition on Ashad 29, 2079 BS. <br /> After the acquisition, the Himalayan Bank ‘s total paid-up capital has reached Rs 34 billion. Likewise, total deposits have reached Rs 274 billion and total loans Rs 250 billion. The total branch network of the bank has reached 189.</span></p> <p><span style="font-size:18px">Speaking at the inaugural ceremony of the joint transaction of the Himalayan and Civil Bank, CEO Ashok Shumsher Rana said that bank ranked in the seventh and sixth positions in terms of deposits and lending respectively. </span><br /> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16853', 'image' => '20230224045641_collage - 2023-02-24T165844.126.jpg', 'article_date' => '2023-02-24 16:51:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '17114', 'article_category_id' => '1', 'title' => 'Nepal backs UN Resolution against Russia's Hostilities in Ukraine ', 'sub_title' => '', 'summary' => 'February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Nepal has voted in favour of the United Nations (UN) non-binding resolution that condemns Russia’s invasion of Ukraine. The resolution calls for Russia to end its hostilities in its neighbour and withdraw its forces from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal taking part in an emergency Special General Assembly held in the UN Headquarters in New York on Thursday voted in favour of the resolution that calls for restoration of peace in Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 141 nations, out of 193 UN member countries, backed the resolution approved by the UN General Assembly on the eve of the first anniversary of the invasion. Through the resolution, the UN has urged Russia to withdraw its troops from Ukraine. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s Permanent Representative to the United Nations, Amrit Rai said Nepal's backing the UN resolution to end hostilities in Ukraine sends a strong message that is in favour of Ukraine’s sovereignty and independence. “Through the voting, we urged for finding ways for restoring peace in Ukraine.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The UN has expressed its concerns over increasing food insecurity, inflation and poverty due to disruptions in the global supplies chain owing to Russia’s hostilities in Ukraine since a year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Russia launched its attacks on Ukraine on February 24, 2022. Though a large number of people are believed to have been the victims of the conflict, official data in this regard is not available. When 141 nations including Nepal supported the resolution, 32 abstained and seven: Belarus, North Korea, Eritrea, Mali, Nicaragua, Syria and Russia voted against it. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16852', 'image' => '20230224044120_Rai_WTniRMr.width-800.jpg', 'article_date' => '2023-02-24 16:40:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17113', 'article_category_id' => '1', 'title' => 'NRB Tightens the Screws on Microfinance Companies', 'sub_title' => '', 'summary' => 'February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: Nepal Rastra Bank (NRB) has amended the Unified Directives 2078 to tighten the screws on microfinance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the new provision, microfinance companies must keep 100 percent cash reserve if they propose issuing 15 percent dividend.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the revised directives of NRB, if such companies want to issue more than 15 percent dividend (cash or shares), they must deposit 50 percent of the dividend exceeding 15 percent in the general reserve fund, 35 percent in the customer protection fund and 10 percent in the corporate social responsibility fund. According to this arrangement, when a microfinance company gives more than 15 percent dividend, it has to keep Rs 95 in various reserve funds while issuing dividend of Rs 100.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Earlier, microfinance companies were required to keep 50 percent of the amount w in the general reserve fund and 25 percent in the customer protection fund only in case of issuing more than 20 percent dividend. No matter how much dividend was distributed, not more than 1 percent of net profit was required to be spent on corporate social responsibility.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, in the past, the limit of micro enterprise loan which was Rs 1,500,000 with mortgage has now been lowered to Rs 700,000, while borrowers who take loans from commercial banks, development banks and finance companies not allowed to take loans from micro finance companies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that orientation of directors should be done within Nepal. Since the location was not mentioned earlier, the directors used to go abroad for orientation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Employees working in microfinance companies should be given training related to microfinance transactions at least once every 2 years. The details of the training provided by the organization should be published on the website every 6 months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Similarly, NRB also added a provision that the interest rate of deposits and loans should differ by only 50 percent from now on. Earlier, there was no provision regarding the minimum interest rate on savings.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16851', 'image' => '20230224024652_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-02-24 14:46:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17112', 'article_category_id' => '1', 'title' => 'CBFIN discusses Nepal’s Economic Situation with IMF', 'sub_title' => '', 'summary' => 'February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 24: Office bearers of the Confederation of Banks and Financial Institutions Nepal (CBFIN) on Wednesday held a meeting with an International Monetary Fund (IMF) led by Jarkko Turunen.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The two sides discussed about the current economic situation of Nepal in the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Turunen, the head of the mission team of the IMF, said that he came to Nepal to review the current state of Nepal's economy and to consult with the stakeholders regarding the post-Covid-19 scenario. During the discussion, the representative of CBFIN informed the visiting delegates about various topics including import, liquidity problem and its impact, shrinking of profits of banks and financial institutions, decline in the capital market, the implementation status of a provision of Banking and Financial Institutions Act (BAFIA) which can convert promoter shares into ordinary shares, increase in non-performing loans, rising interest rates, lack of loanable capital, etc.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The representatives of the team from the IMF said that they will study the current economic problems of Nepal and prepare a report. Saying that the meeting and discussion were meaningful, the representative of the IMF relayed the message that they will continue the discussion and cooperation with CBFIN on various issues in the financial and banking sector in the future as well.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The discussion was attended by Teresa Daban Sanchez, the resident representative of IMF Nepal, Russell Green, senior economist of IMF, and CBFIN Vice President Rajesh Upadhyay, Secretary General Rajan Singh Bhandari, Executive Member Radhesh Panta and Director General Dr. Gopal Prasad Tiwari.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16850', 'image' => '20230224020043_1677194233.Clipboard05.jpg', 'article_date' => '2023-02-24 14:00:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17111', 'article_category_id' => '1', 'title' => 'Preparations Underway to Open Essential Government Offices on Public Holidays', 'sub_title' => '', 'summary' => 'February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 24: The government is making preparations to open essential government offices on public holidays other than Saturdays. Following widespread complaints that there were too many public holidays, the cabinet meeting held on Thursday discussed about opening essential offices on public holidays as well.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the information shared by a cabinet minister, the government is planning to give additional facilities or some other arrangements to the government employees who work on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government is preparing to open the Department of Passport, Department of Foreign Employment, district administration offices under the Ministry of Home Affairs, hospitals, banks, police stations, etc open on public holidays.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Prime Minister Pushpa Kamal Dahal was criticized after declaring public holidays on February 13 on the occasion of People’s War Day. The government announced holiday on February 13 within a few days after PM Dahal publicly said there were too many public holidays. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Dahal-led government has already given three days of additional public holidays within two months.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The government announced a public holiday to mourn the day after the plane crash of Yeti Airlines in Pokhara on January 15. Before that, to please the ruling partner Rastriya Prajatantra Party, the government announced a holiday saying that Prithvi Jayanti would be celebrated on January 11 as the National Unity Day.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Now, instead of reducing public holidays, the government is preparing to open some offices on holidays. Some have understood this as a diplomatic move by Dahal to avoid criticism.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16849', 'image' => '20230224010200_1677194359.Clipboard07.jpg', 'article_date' => '2023-02-24 13:01:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17110', 'article_category_id' => '1', 'title' => 'Foreign Exchange Rate of US Dollar Declines: NRB', 'sub_title' => '', 'summary' => 'February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. ', '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"">February 24: The value of the dollar has decreased today (Friday) against the Nepali currency as compared to the previous trading day. The latest list of foreign currency exchange rates published by Nepal Rastra Bank on Friday shows that the US dollar has depreciated.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the rate published by NRB for Friday, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">08</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">68</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. Until a day ago, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> US dollar was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> paisa and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">132</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"">87</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The price of euro has also decreased on Friday. The buying rate per euro is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of euro was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">140</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"">63</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</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"">27</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, the pound sterling has also decreased on Friday. The buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">158</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"">98 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate is Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">70</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">. On the previous day, the buying rate of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">pound sterling was fixed at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">159</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"">85 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">and the selling rate was Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">160</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"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16848', 'image' => '20230224121050_1677216922.1665294814.jpg', 'article_date' => '2023-02-24 12:09:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '17109', 'article_category_id' => '1', 'title' => 'Hetauda Cement Industry Resumes Operation ', 'sub_title' => '', 'summary' => 'February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 24: Hetauda Cement Industry, which was closed for the last two weeks, has started operation from today (February 24) after resumption of coal supply. The industry was forced to close temporarily due to the unavailability of coal, said the industry. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the company had called for bids to supply of 8,000 metric tonnes of coal, it has only received 1,600 metric tons, said Deputy General Manager of the industry Nabin Kumar Karna. He added that the amount supplied would last only for 15 days. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coal is being supplied from India, Bhutan, Indonesia and Pakistan, he said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16847', 'image' => '20230224111424_cementtttt.jpg', 'article_date' => '2023-02-24 11:13:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '17108', 'article_category_id' => '277', 'title' => 'Lalbandi Exports Agricultural Produce Worth Over Rs 1 Billion in Seven Months', 'sub_title' => '', 'summary' => 'Lalbandi agriculture wholesale bazaar management committee has exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23.', 'content' => '<h4> </h4> <div> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">February 24: Lalbandi agriculture wholesale bazaar management committee exported agricultural products worth over Rs 1 billion in seven months of the current fiscal year, 2022/23. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The committee at Lalbandi Municipality-7 exported agricultural produces worth Rs 1.06 billion between 17 July, 2022 and 12 February, 2023, committee manager Shambhu Ghimire said. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The exported agricultural products include tomato, eggplant, black-eyed bean, bottle gourd, bitter gourd, cucumber, cauliflower, cabbage, sponge gourd, green bean, lady finger, radish, green chili, carrot, lamb's quarter, pointed gourd, jackfruit, pumpkin, coriander, lemon, ginger, pea, onion and capsicum, among others. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif"">The agricultural products produced mostly in Lalbandi, Hariwan, Haripur and Ishworpur in Sarlahi district were exported to the places outside the district including Sindhuli, Ramechhap, Kathmandu, Pokhara, Butwal, Bhairahawa, Narayangadh, Nepalgunj, Hetauda, Birgunj, Gaur, Janakpur, Siraha, Biratnagar and Ithari among others, said the committee chair Toran Bahadur Magar. </span></span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-family:Calibri,"sans-serif""><span style="font-family:Arial,"sans-serif""> The foundation stone has been laid for a six-room building of the committee, which is under the purview of the federal government. The over Rs 5 million project will be completed within the current fiscal year, said Magar. </span></span></span></span></p> </div> ', 'published' => true, 'created' => '2023-02-24', 'modified' => '2023-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '16846', 'image' => '20230224054451_collage - 2023-02-23T180159.019.jpg', 'article_date' => '2023-02-24 05:37:16', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '17107', 'article_category_id' => '1', 'title' => 'Finance Minister Poudel Leaves for India to Attend G20 Finance Ministers’ Meeting', 'sub_title' => '', 'summary' => ' Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel left for India to take part in the First G-20 meeting of Finance Ministers and Central Bank Governors on Thursday. </span></p> <p><span style="font-size:18px">Finance Poudel is accompanied by Shree Krishna Nepal, chief of International Economic Cooperation Coordination Division, Ministry of Finance. The meeting will be held on February 24 and 25 in Bangalore officially known as Bengaluru, Karnataka. </span></p> <p><span style="font-size:18px">Though Nepal is not the G-20 member, Poudel is attending the meeting as an invitee when India is taking its presidency. The Deputy Prime Minister and Finance Minister is scheduled to hold meetings with his counterparts from various nations including India on the sidelines of the gathering. </span></p> <p><span style="font-size:18px">Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the USA are the members in the Group of Twenty (G20). The Minister is scheduled to return home on February 25, according to the Ministry.</span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16845', 'image' => '20230223055414_collage - 2023-02-23T175407.639.jpg', 'article_date' => '2023-02-23 17:52:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '17106', 'article_category_id' => '1', 'title' => 'Round Table Nepal to Organize Fun Run on World Obesity Day ', 'sub_title' => '', 'summary' => 'Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Round Table Nepal is organizing a 5k Fun Run on World Obesity Day in Kathmandu on March 4, 2023. </span></p> <p><span style="font-size:18px">The Fun Run managed by N.R.S. Sports Foundation will have Plumber Pipes as the title sponsor and King Koil Mattress as the gold sponsor. </span></p> <p><span style="font-size:18px">With the slogan "Run For Obesity", the Fun Run is expected to attract 1000 participants and will start at 7:30 am. Participants have to pay Rs 200 registration fee, which includes a commemorative T-shirt and a certificate for every participant. </span></p> <p><span style="font-size:18px">The organizers have arranged a warm-up Zumba session to get participants pumped and energized for the run.</span></p> <p><span style="font-size:18px">A non-political and non-sectarian organization, Round Table consists of youths from 18 to 40 years. The mission of Round Table Nepal is to work to provide quality education and health care services for the underprivileged communities.</span></p> <p><span style="font-size:18px">Interested individuals can register for the event through Khalti App or by visiting website of N. R.S. Foundation. </span></p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16844', 'image' => '20230223050656_collage - 2023-02-23T170517.830.jpg', 'article_date' => '2023-02-23 17:03:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 10 => array( 'Article' => array( 'id' => '17105', 'article_category_id' => '1', 'title' => 'Pokhara Regional International Airport Launching Night Flight From Thursday ', 'sub_title' => '', 'summary' => 'Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. ', 'content' => '<p> </p> <p><span style="font-size:18px">February 23: Pokhara Regional International Airport, the third largest international airport in the country, will be launching night flights from Thursday. </span></p> <p><span style="font-size:18px">According to Spokesperson Jagannath Niraula of the Civil Aviation Authority of Nepal (CAAN) to date, flights to and from the Pokhara airport are available from 6:00 am to 4:00 pm and the night flight will be commencing from Thursday night. </span></p> <p><span style="font-size:18px">With the implementation of the Instrument Flight Rules system by the airport, it is able to operate night flights. Niraula said the airport will operate 18 hours in a day: from 6:00 am till midnight.</span></p> <p><span style="font-size:18px">The regional international airport has been in operation since January 1, 2023. Earlier, the flight operation system was assisted by the Visual Flight Rules system.</span></p> <p><span style="font-size:18px">But the airport has switched to an IFR system under which an aircraft is operated under instrument meteorological conditions (IMC), making night flights possible. </span></p> <p><span style="font-size:18px">Private airlines service provider Buddha Air is preparing to launch the night flight at the airport. Buddha Air Spokesperson Dipendra Karna said they are preparing for operating Pokhara-Kathmandu and Kathmandu-Pokhara night flight from Thursday. ---RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16843', 'image' => '20230223034849_collage - 2023-02-23T153817.721.jpg', 'article_date' => '2023-02-23 15:46:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 11 => array( 'Article' => array( 'id' => '17104', 'article_category_id' => '1', 'title' => 'Myagdi Farmers Find their Calling in Potato Farming ', 'sub_title' => '', 'summary' => 'February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 23: Local farmers of Beni have started potato farming in the land that had remained barren for the past 20 years at Mareni of Dhaulagiri Rural Municipality-2 in Myagdi district. A group of farmers associated with the Lagansheel Multipurpose Farmers' Group has cultivated potatoes in 44 ropanis of land by removing shrubs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 18 farmers associated with the group have commercially engaged in the farming, said the group's chairperson Gausara BK. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The group is at work to expand the cultivation to 100 ropanis of land at Mareni, Paireni and Lamsung this year, said BK, adding that the farmers have planted seed potato by taking 44 ropanis of land on lease at Mareni. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Potato farming is done in the pocket area for potato programme launched by the rural municipality, said Amrit Thapa, technical assistant at the agriculture section of the rural municipality. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"The land that remained barren for long has been properly utilized with the cultivating of potato. Local farmers have been encouraged to continue farming. It will help generate income for them," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The rural municipality has allocated Rs 1.2 million under the programme in the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government will provide Rs 600,000 each to the selected applicants under the programme, said the agriculture section. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16842', 'image' => '20230223110227_potato-farming.jpg', 'article_date' => '2023-02-23 11:01:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17103', 'article_category_id' => '1', 'title' => 'Paddy Production Declines', 'sub_title' => '', 'summary' => 'February 23: This year, there has been a decline in paddy production in Dhanusha district. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: This year, there has been a decline in paddy production in Dhanusha district. The Agricultural Knowledge Center Dhanusha informed New Business Age that paddy production decreased by more than 32,000 metric tons this year compared to the last year. Dhanusha district produces paddy the most in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the center, this year's production declined by 32,760 metric tons compared to last year. The farmers produced 146,280 metric tons of paddy in an area of 48,760 hectares this year. Last year, they produced 179,000 thousand tons of paddy in 55.806 hectares of land </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Horticulture Development Officer Pradeep Kumar Yadav said that farmers reduced the area of paddy cultivation this year and started fishery. A total of 700,000 farmers of the district are engazed in paddy cultivation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Out of the 18 municipalities of the district, 14 local level farmers cultivate paddy commercially except Ganeshman Charnath Municipality, Mithila Municipality, Bateshwarnath Municipality and Kshireshwarnath Municipality.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16841', 'image' => '20230223105955_paddyyyyy.jpg', 'article_date' => '2023-02-23 10:59:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17102', 'article_category_id' => '1', 'title' => '‘Banks cannot Write Off Loan due to Personal Request’', 'sub_title' => '', 'summary' => 'February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 23: Former Governor of Nepal Rastra Bank Deependra Bahadur Kshetry has said that loans should not be waived upon the request of any individual or group. He made such a comment at the financial literacy program organized by the Nepal Microfinance Bankers Association at the district headquarters of Gorkha on Tuesday. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Former Governor Kshetry praised the microfinance companies for providing services without increasing interest rate amid liquidity crisis in the banking system.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that if the debtor invest the loan according to the purpose for which the loan was taken, there will be no problem in paying the interest. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“There won’t be much problems if the loan is properly utilized. Both the loan investment institution and the debtor should be aware of proper utilization of the loan,” he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He requested the microfinance clients to utilize the loan properly and said that if the loan is misused, the investment will go down the drain. He emphasized that the members should be aware of the legal issues they will have to face.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Nabina Dhakal, deputy director of NRB's Gandaki provincial office, said that microfinance plays an important role in boosting the rural economy. Chief District Officer of Gorkha District, Dinesh Sagar Bhusal said that they customers of microfinance should establish themselves as disciplined members without spoiling the business. He said that they should seek legal remedies if microfinance acted against the policy.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16840', 'image' => '20230223105840_Banks - Copy.jpg', 'article_date' => '2023-02-23 10:57:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '17101', 'article_category_id' => '1', 'title' => 'Poultry Industry worth Rs 160 Billion at Risk of Collapse', 'sub_title' => '', 'summary' => 'February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 23: The poultry industry, which the government has declared to be self-sufficient, is at risk of collapsing. Poultry farmers have said that the business, which has an investment of Rs 160 billion, is in danger of collapsing due to the loss during the Covid-19 pandemic and the slowdown in the world economy. The government declared the poultry industry to be self-sufficient two years ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Due to the ups and downs in the world economy, the prices of raw materials and medicines for the production of chicken feeds have increased, and the danger of farmers not even getting the cost price has increased. According to the president of the Nepal Hatchery Industry Association, Rishi Ram Paudel, hatchery businessmen have started shutting down the industry because they are not getting the price of chicks according to the production cost. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Out of 368 industries, 150 have been closed. The industries that are operating are also running at 60 per cent capacity. Similarly, businessmen claim that 50 per cent of the 114 seed industries are shut.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under normal conditions, the hatchery industry in Nepal used to produce 4.5 million chicks per week. Now the production capacity has been reduced by 2 million to 2.5 million. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"After the prices of raw materials such as feed and medicines skyrocketed, the farmers stopped asking for chicks," said Chairman Paudel, "We are forced to sell chicks that cost Rs 55 for Rs 40.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">There was also a situation where hundreds of thousands of chickens had to be destroyed because they were not sold. Even in such a situation, the middleman imported ready-made meat from India a month ago.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Two years ago, the price of corn used for feed was Rs 20 per kg. Now it has reached Rs 42. Meanwhile, the price of soybean has increased from Rs 75 per kg to Rs 125. The price of medicines has also gone up, due to which poultry farmers have also started to shift to other profession, said Dineshraj Mishra, general secretary of the Poultry Traders Federation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said that he is unable to pay the interest and instalments of the bank.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The ups and downs in the poultry business have affected the consumers. Due to the high price of raw materials, the price of broiler chicken meat, which was Rs 330 a kg until a month ago, has increased to Rs 360, according to Meat Traders Association.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Nepal Egg Producers Association increased the price of eggs from Wednesday on the initiative of egg producers who were not getting the price according to their cost due to the dominance of middlemen in the market. According to the increased price, farmers will get Rs 10.16 paise per egg. Earlier, the per-piece price received by the farmers was Rs 8.25.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-02-23', 'modified' => '2023-02-23', 'keywords' => '', 'description' => '', 'sortorder' => '16839', 'image' => '20230223105726_1677021732.Clipboard07.jpg', 'article_date' => '2023-02-23 10:56:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
