January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up…
January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up…
January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media…
January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January…
Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of…
January 8: A technical team from France is arriving to sort out the storage issue seen for the past few days in the electric passport server system of…
Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the…
January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital…
January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian…
January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their…
January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the…
January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12.…
Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last…
January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January…
January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday…
January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY…
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Cold air is denser than warm air and cannot rise up easily.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily. Meanwhile, warm air lies above the cold air.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Layers of cold and warm air create a barrier causing pollution within the atmosphere, due to which pollution tends to be more prevalent in the winter season. Air pollution is caused due to smoke emitted from vehicles and industrial areas. It takes rain and strong winds to remove the pollution. However, the chances of rain is very low at the moment. Increasing pollution is having a negative impact on human health as well as plants and animals.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Experts say that in cold weather, the risk of lung cancer increases even among non-smokers. Due to pollution, people not only suffer from allergies, but also face problems such as heart attacks and uncontrolled diabetes. At this time, people should pay attention to the cleanliness of the environment. Generally, people do not care about it due to which air pollution is becoming a threat in various cities of the country including Kathmandu.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Air pollution in Kathmandu Valley has increased as the rivers, roads and streets have not been cleaned. Because of this, its direct impact is seen on the general public.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">As the amount of smoke and dust in the atmosphere is high, the sky itself is covered with fog. It is most likely that air pollution will cross the hazardous level.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pollution can be reduced to some extent only if the habit of throwing garbage in rivers, public lands and roads can be eliminated. It is also necessary to control the use of old vehicles to prevent air pollution.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16434', 'image' => '20230109104719_20210309011732_1615244101.Clipboard04.jpg', 'article_date' => '2023-01-09 10:43:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16692', 'article_category_id' => '1', 'title' => 'Economic Crisis Looms in Pakistan as Forex Reserves Hit Eight-Year Low', 'sub_title' => '', 'summary' => 'January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Pakistan finds itself strapped for cash as money expected to come in under an International Monetary Fund (IMF) programme has been delayed. Its foreign exchange reserves now barely cover a month of imports, most of which are for energy purchases, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The South Asian nation’s foreign currency exchange took a nosedive to $5.6 billion, posing a “serious challenge” for the country in financing imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Coupled with another $5.8 billion held by commercial banks, the nation has $11.4 billion in reserves -- enough to pay for just three weeks of imports, AFP reported citing traders and economists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, Pakistan's government has ordered shopping centres and markets to close early every day as the country faces an economic crisis.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Defence minister Khawaja Asif reportedly said that the measures will save the South Asian nation around 62 billion Pakistani rupees ($274.3 million).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of Pakistan’s electricity is produced using imported fossil fuels, including liquefied natural gas, prices of which have skyrocketed in recent months, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Global energy prices jumped last year, putting further pressure on the country's already dwindling finances. To pay for those energy imports the country needs foreign currency, especially US dollars,” the BBC added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the AFP, Pakistan's economy has crumbled alongside a simmering political crisis, with the rupee plummeting and inflation at decades-high levels, but devastating floods and a global energy crisis have piled on further pressure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The latest data from the central bank released overnight -- for the week ending December 30 -- show the country has half the foreign exchange reserves it held a year ago. Servicing foreign debt and paying for crucial commodities such as medicine, food and energy are among the chief concerns.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Thousands of shipping containers are held up at a Karachi port because banks have been unable to guarantee foreign exchange payments, the French news agency further reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Successive governments have failed to shore up multilateral or bilateral aid to meet foreign payments, although a $6 billion International Monetary Fund deal was restarted after Pakistan finally met conditions such as ending subsidies on fuel, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, the Pakistan government has tried to stabilise the economy by containing imports and decades-high inflation. A quickly depreciating currency has made imports more expensive while consumer prices have risen 25 percent year-on-year in the first half of the fiscal year (July 1 to December 31).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Pakistan is recovering from last year’s catastrophic floods, which submerged more than a third of the country and caused widespread devastation and major financial losses.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The country is the eighth most vulnerable country to extreme weather caused by climate change, according to the Global Climate Risk Index compiled by the environmental NGO Germanwatch.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another South Asian country Sri Lanka is reeling under its worst financial crisis which started in 2019, resulting in mass protests last April due to which the prime minister had to resign and the president had to flee from the palace in July. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Sri Lanka’s collapse should be a wake-up call to other countries, highlighting the perils of sovereign debt in an era of geopolitical competition,” writes Tamanna Salikuddin in an analysis published by USIP.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16433', 'image' => '20230109103333_maxresdefault.jpg', 'article_date' => '2023-01-09 10:32:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16691', 'article_category_id' => '1', 'title' => 'NOC Slashes Fuel Prices', 'sub_title' => '', 'summary' => 'January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The state-owned oil monopoly has slashed the prices of petrol, diesel and kerosene by Rs 3 per litre upon the instruction of newly-formed government led by Pushpa Kamal Dahal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC has also reduced the price of aviation turbine fuel (ATF). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Prime Minister Dahal had instructed the NOC board and the Ministry of Industry, Commerce and Supplies on Thursday to lower the prices of petroleum products. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC was adamant that it would not lower the prices of petroleum products arguing that its accumulated losses were in billions. However, it took a U-turn after the directive from the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After the reduction in fuel prices, the price of petrol now stands at Rs 175 per litre. Likewise, diesel and kerosene will now cost Rs 172 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the price of ATF for domestic flights has been reduced by Rs 20 per litre and is fixed at Rs 170 per litre. The NOC said that it has lowered the price of aviation fuel for international flights by Rs 30 per litre. According to the NOC, the price of ATF for international flights has been fixed at US$ 1.420 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The price of cooking gas (liquefied petroleum gas) remains unchanged. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Sunday, NOC said it owes a total of Rs 18 billion to the Indian Oil Corporation and the Government of Nepal. </span></span></p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16432', 'image' => '20230109093612_petroo - Copy.jpg', 'article_date' => '2023-01-09 09:35:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16690', 'article_category_id' => '231', 'title' => 'Sapkota Elected Chairperson of Stock Brokers’ Association of Nepal ', 'sub_title' => '', 'summary' => 'Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. ', 'content' => '<p> </p> <p><span style="font-size:18px">January 9: Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. </span></p> <p><span style="font-size:18px">In the election held on Saturday, Proprietor of Swarna Laxmi Securities, stock broker 37, Sapkota was elected as the chair of the association. </span></p> <p><span style="font-size:18px">Sapkota defeated his rival Guna Nidhi Bhusal, proprietor of Aryatara Investment and Securities, stock broker 57 with a margin of 12 votes. Sapkota garnered 28 votes while his rival Bhusal received 16 votes.</span></p> <p><span style="font-size:18px">Despite the fact that the poll was scheduled for Saturday, efforts were made to forge consensus throughout the day. After the consensus efforts failed, the election was held. </span></p> <p><span style="font-size:18px">Consensus was, however, forged for other positions except chairperson. <br /> Sarita Adhikari and Phadindra Bista were unanimously selected as Vice-chair and General Secretary of the association.</span></p> <p><span style="font-size:18px">Similarly, Suyog Adhikari and Madan Poudel have been selected as Secretary and Treasurer respectively. </span></p> <p><span style="font-size:18px">The new working committee’s members include Priyansu Agrawal, Mitralal Shresth and Prajjwal Upreti. <br /> Earlier, Santosh Mainali had led the Stock Brokers’ Association of Nepal.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16431', 'image' => '20230109060800_collage (25).jpg', 'article_date' => '2023-01-09 05:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16689', 'article_category_id' => '1', 'title' => 'Department of Passports Resumes Distribution of Passports', 'sub_title' => 'French Team Arriving to Troubleshoot Passport Server Issue ', 'summary' => 'January 8: A technical team from France is arriving to sort out the storage issue seen for the past few days in the electric passport server system of Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Department of Passports has started distribution of passports from Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a public notice on Sunday, the department’s Spokesperson Drupada Sapkota said that the service seekers can visit the department after receiving a text message that their passport is ready.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The department had put on hold the distribution of passports since January 1 citing a technical problem. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The announcement comes while a technical team from France is preparing to arrive in Nepal on Monday to sort out the storage issue seen for the past few days in the electric passport server system of the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal had launched the distribution of e-passport on December 1, 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The distribution of passports was halted after the passport server grappled with the storage issue and took more time to accept photos and finger prints of passport seekers. However, the department sorted out the problem before the arrival of experts from abroad.</span></span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16430', 'image' => '20230108074231_20230103063510_20220527120844_Consular-6_consular.jpeg', 'article_date' => '2023-01-08 19:41:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16688', 'article_category_id' => '1', 'title' => 'Fifteen Illegal Crusher Industries Closed Down in Kapilvastu ', 'sub_title' => '', 'summary' => 'Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.', 'content' => '<p><br /> January 8: Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.</p> <p>Ministry of Home Affairs had sent the circulars to all 77 DAOs to shut down the illegal crusher industries on January 4. <br /> Out of the total 33 crusher industries in the district, fifteen were closed down after the circular while remaining eighteen industries had not been operating for sometimes. </p> <p>Kapilvastu CDO Dharmendra Kumar Mishra said DAO had shut down fifteen illegally operating crusher industries on January 5. <br /> Some crusher industries are operating without renewing their permission. Police personnel will monitor and inspect such industries and close them down, according to CDO Mishra. </p> <p>Eleven crusher industries located in Shivraj Municipality, two at Bijaynagar Rural Municipality and one each at Budhhabhumi Municipality and Krishna Nagar Municipality have been closed down. <br /> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16429', 'image' => '20230108054922_collage (35).jpg', 'article_date' => '2023-01-08 17:45:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16686', 'article_category_id' => '1', 'title' => 'What Will be the Bonus Rate of Insurance Companies after Merger?', 'sub_title' => '', 'summary' => 'January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surya Life Insurance and Jyoti Life Insurance have started joint operations of their business for the first week of this month. Gurans Life Insurance, Prime Life Insurance and Union Life Insurance have also agreed to merge with each other. Sanima Life Insurance is merging with Reliance Life Insurance. Prabhu Life Insurance and Mahalaxmi Life Insurance have also agreed to merge with each other.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Insurance companies show their bonus rates to their customers (insured) when selling insurance policies. Insurers decide to purchase insurance policy of a company depending on the bonus rate, after weighing beneficial option.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">As the process of merger intensifies, insurance companies will now have to compete with each other on bonus rate. At present, the insured are eager to learn about the bonus rate when two or more companies get merged.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">To determine the bonus rate, an insurance company must first submit the valuation of its asset and liabilities of each fiscal year. However, this seems to be happening very slowly. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Nirmal Adhikari, information officer of Nepal Insurance Authority, said that the valuation process has been disrupted due to Covid-19. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“It got a little late when Covid got stuck the world for a year and a half. Slowly everything will become normal," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">After reviewing the details submitted by the insurance companies, the authority approves the bonus rate. According to the information officer of the authority, after the merger, they have to complete all the procedures as per the previous provisions and the bonus is determined in the same way.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">When insurance companies merge with each other, they maintain their swap ratio. According to Information Officer Adhikari, the bonus rate before the merger does not make sense for the new merged entity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that the combined bonus rate will be determined only in the next year after the merger.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-10', 'keywords' => '', 'description' => '', 'sortorder' => '16427', 'image' => '20230108024951_Insurance.jpg', 'article_date' => '2023-01-08 14:49:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16685', 'article_category_id' => '266', 'title' => 'Clive Christian Launches Limited Edition Perfumes', 'sub_title' => '', 'summary' => 'January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, the company said it has launched the Timeless and Contemporary editions of perfume with the finest ingredients. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Celebrating the hallmarks of both Clive Christian and The Crown Perfumery Company to create the finest perfumes in the world these new fragrances celebrate: creativity, craftsmanship, concentration, complexity and a dedication to using only the finest ingredients,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The statement added that the bottles are in the signature green of the Crown Perfumery Company with an ornate silver decoration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Every bottle of Clive Christian is topped with the crown of Queen Victoria, patron of the</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Crown Perfumery Company, added the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Timeless and Contemporary express not only the brand’s heritage but also celebrate its prestigious status as a leading perfume house, loved globally for creating the world’s finest perfumes, the company claimed</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Reminiscent of a prestigious perfume past spanning 150 years, the company claimed that these perfumes are an ode to the art of true perfumery: a strand of history from the past reaching into the future.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16426', 'image' => '20230108023524_clive.jpg', 'article_date' => '2023-01-08 14:34:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16684', 'article_category_id' => '1', 'title' => 'Street Vendors to Organize Mass Protest against KMC’s Highhandedness', 'sub_title' => '', 'summary' => 'January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Nepal Union of Street Traders (NEST) said they are against Mayor Balendra Shah’s move to remove the street vendors without making an alternative arrangements for them.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Saturday, the union said that the street vendors of Kathmandu will be organizing the mass protest on January 9 seeking access to public space and their right to work.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the statement, it will be mobilizing its members across Kathmandu for a mass protest to push back against the evictions and harassment affecting 34,000 street vendors in the city who have been suffering for months from a “clean-up” operation by Mayor Balendra Shah.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The global alliance of street vendors, StreetNet International, has also supported the move of NEST, urging workers’ organizations across the world to stand in solidarity with NEST and defend their right to work and their right to the city.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">StreetNet International in a statement said that the KMC has adopted discriminatory urban policies against the working poor.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> The international organization noted that street vendors in Kathmandu have been banned from their usual places of business and are unable to work for months. This has resulted in loss of incomes and livelihoods, StreetNet International said.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The statement further said that Human Rights Watch has documented the assault on the rights of the urban poor taking place in Kathmandu, which is threatening up to 34,000 vendors in the city, many of whom are women who have no other alternative source of income or employment.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The main objective of the protest is to demand the authorities to respect the right to work freely and to occupy public spaces as citizens.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16425', 'image' => '20230108115430_20151216012947_STRAWBERRY_DSC0544.jpg', 'article_date' => '2023-01-08 11:53:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16683', 'article_category_id' => '1', 'title' => 'Detail study of Kathmandu-Keung Railway Begins ', 'sub_title' => '', 'summary' => 'January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department or Railways of Nepal confirmed that the study kicked off after the arrival of the Chinese team.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study of the railway that connects Kathmandu with Tibetan Autonomous Region (TAR) of China was conducted in November 2018 and an agreement for carrying out the feasibility study was reached during the visit of Chinese President Xi Jinping to Nepal from October 12 to 13 in 2019. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the agreement reached in 2019, the Chinese team has arrived in Nepal to conduct the feasibility study, said Rohit Kumar Bisural, director general of the Department of Railways.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The study is being carried out with the support of the Chinese government as per the agreement reached between Nepal and China. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the DoR, it will take three and half years for the study of the Kathmandu-Kerung railway. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study report has incorporated geographical study from Kathmandu-Kerung via Trishuli, topographical features, among others. A detailed study is going to be held based on the preliminary study report. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The new detailed study will also finalize the issue of investment. As 98 percent of the railway will be based on tunnel system, it will be a uphill battle for Nepal to secure financial resources as the cost will be high for the underground infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, this study is being conducted with the grant assistance of the Chinese government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the pre-feasibility report, the cost of the project was estimated to be around Rs 257 billion. Based on the report, the Department of Railways has estimated that it will be able to complete the project in nine years if the government allocated an annual budget of Rs 28.55 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the preliminary study, the railway will be of 72.25 kilometers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The DoR stated that the railway line will originate from Kerung and connect Kathmandu via Rasuwagadhi. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The study of the railway will be carried out in such a way that the railway track will bifurcate towards Nepal from the railway track going towards Mansarovar of Tibet from a lake above Kerung," said Director General Bisural. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the railway will be built on high mountainous region, this project will be challenging but not impossible, states the preliminary report.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16424', 'image' => '20230108114328_20181211034350_ac1b5a6d8f54a5755cd2e902d0a3bab7.jpg', 'article_date' => '2023-01-08 11:42:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16682', 'article_category_id' => '1', 'title' => 'National Agriculture Census in Final Stage ', 'sub_title' => 'Central Bureau of Statistics Preparing to Publish the Results of the Census on February 12', 'summary' => 'January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. According to the bureau, the census held from April 19 to June 2 is currently in the final stage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Data processing and publication are almost over,” the CBS said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CBS had carried assessment of the situation of various crops produced in the country, irrigation, use of agricultural materials, collection of details on lands used for farming, and the number of livestock and fowls under the census which is held every ten years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The First National Agriculture Census was held in Nepal in 1961/62 AD.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The latest census covered areas of all 753 local units (rural municipalities and municipalities) of 77 districts. The enumerators deployed in the census visited 350,000 farmers in all 753 local units to collect the details of agricultural activities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CSB, the enumerators collected details of farmers, workers employed, lands used, irrigation facility, crops and fruits planted, the availability of seeds and fertilizers, the number of livestock, buildings and structures used, ponds used for fishery, apiary, silkworm farming, loans for farmers, insurance and subsidies, the impact on agriculture, natural disasters, the availability of food for farmers and other economic activities related to farmers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Data on subsistence, commercial and institutional farming was also collected.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CBS, a scientific method was employed to conduct the census. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Experts believe that this census will help carry out a study on the impact and contribution of agriculture to the national production. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This will also help formulate plans, monitor and evaluate agricultural produce at all three tiers of government, said sources.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16423', 'image' => '20230108105055_BhabinKarki_Kimathanka_RSS_26_____________(1).JPG', 'article_date' => '2023-01-08 10:49:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16681', 'article_category_id' => '268', 'title' => 'Potato Import Plummets by 30,400 Metric Tons ', 'sub_title' => '', 'summary' => 'Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.', 'content' => '<p><br /> <span style="font-size:16px">January 8: Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.</span></p> <p><span style="font-size:16px">According to the data at the Department of Customs, import of potatoes slumped in the first five months of the current fiscal year compared to the same period last year.</span></p> <p><span style="font-size:16px">In the last few years, domestic potato production has risen, causing the import to slump. <br /> According to the data at the department, Nepal had imported 218,305 metric tons of potatoes worth 5.52 billion rupees from different countries in the first five months of fiscal year 2078/2079. </span></p> <p><span style="font-size:16px">As many as 187,858 metric tons of potatoes worth Rs 4.80 billion were imported during the same period in the current fiscal year.Statistics at the department show that potato import has been falling continuously in the recent years in Nepal. </span></p> <p><span style="font-size:16px"> In the fiscal year 2076/77, 341,914 tons of potatoes worth Rs 8.77 billion were imported, while 339,622 tons of potato worth Rs 8.49 billion were imported in the fiscal year of 2077/78.</span></p> <p><span style="font-size:16px">Basudev Kafle, Head of National Center for Potato, Vegetable and Spice Crops Development attributed rise in the domestic potation production to the drop in the potato import. </span></p> <p><span style="font-size:16px">According to Kafle, 166 pocket areas have been established for potato farming and 200 farmers’ groups have been involved under the Prime Minister Agriculture Modernization Programme across the country.</span></p> <p><span style="font-size:16px">With involvement of farmers, food potato and seed potato promotion programmes have been implemented. <br /> As a result, farmers have received quality seed, contributing to the rise of potato production.</span></p> <p><span style="font-size:16px">In the current fiscal year, a budget of Rs 147.8 million has been allocated to 97 local levels for food potato promotion and Rs 33.34 million to 22 local levels for seed potato promotion program.</span></p> <p><span style="font-size:16px">Data at the center shows that the annual production of potatoes is increasing in recent years. <br /> In the fiscal year 2075/76, potato was cultivated in 193,200 hectares of land in Nepal. Country had produced 28,51,800 metric tons in the fiscal year. </span></p> <p><span style="font-size:16px">In the fiscal year 2076/77, potato was grown in 195,100 hectares of the land. The potato production increased to 31,12,900 metric tons of potatoes. Similarly, in the fiscal year 2077/78, as many as 3,325,000 metric tons of potatoes were produced in 198,000 hectares of land.</span></p> <p><span style="font-size:16px">Domestic potato production meets around 90 percent of total potato demand in the country. However, experts say that large quantities of potatoes are imported for industrial raw materials. </span></p> <p><span style="font-size:16px">National center for Potato, Vegetable and Spice Crop Development Nigale’s Head Bijaya Kumar Giri says that import of 10 percent potato is enough to meet demand for consumption. </span></p> <p><span style="font-size:16px">“Potatoes are being imported in large quantities for chips, French fries and other products,”, added Giri. <br /> Until a few years ago, low-yielding potato seeds, such as, Cardinal, Kufri Sinduri, Kufri Jyoti would be distributed to the farmers. </span></p> <p><span style="font-size:16px">However, varieties of high-yielding seeds, such as, Janakdev, Khumal Lakshmi, Khumal Vikas are provided to the farmers for potation cultivation these days, leading the potato production to rise. These seeds are less vulnerable to disease and pests, which also supports the growth of potato produce. </span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16422', 'image' => '20230108065429_collage (23).jpg', 'article_date' => '2023-01-08 06:47:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '16679', 'article_category_id' => '1', 'title' => 'Labour Permits to be Issued from All Seven Provinces from Jan 8', 'sub_title' => '', 'summary' => 'January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8). Prior to this, the ministry had been providing labour permits only from Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From now on, the labour permits would also be issued from the labour and employment offices at Biratnagar and Janakpur from coming Sunday, the ministry stated. The employment offices at Biratnagar and Janakpur had been only renewing the labour permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Secretary at the Ministry Ek Narayan Aryal confirmed that the employment offices at Janakpur and Biratnagar will also be issuing the institutional and individual labour permits from January 8. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the foreign employment offices at Pokhara and Butwal have been providing all three types of services, including issuing institutional and individual labour permits and their renewal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Renewal of labour permits and issuance of individual labour permits have been started from the labour and employment offices at Surkhet and Kailali as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With this, provision has been made for issuing all types of labour permit from the labour and employment offices in all seven provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry stated through a press release that arrangements have been made for accessing all types of labour permits online without the service-seekers having to be present in person at the labour office. The problem of having to face various hassles has been removed, added the statement. -- RSS </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16421', 'image' => '20230107123244_foreign emp.jpg', 'article_date' => '2023-01-07 12:31:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16680', 'article_category_id' => '1', 'title' => 'World Food Prices Hit Record High in 2022', 'sub_title' => '', 'summary' => 'January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Food and Agricultural Organisation (FAO) of the United Nations, food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and cooking oil to the world.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But prices have dropped since then, with more relief brought by a deal brokered by Turkey and the United Nations in July that lifted a Russian naval blockade on Ukrainian grain exports, the AFP reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The FAO said Friday its price index, which tracks the monthly change in international prices of a basket of food commodities, fell to 132.4 points in December, a 1.9 percent drop from November. It was also one percent lower than in December 2021. But the index was 14.3 percent higher overall in 2022 compared to the previous year as it reached an all-time high of 143.7 points, AFP added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Calmer food commodity prices are welcome after two very volatile years," AFP quoted FAO chief economist Maximo Torero as saying in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It is important to remain vigilant and keep a strong focus on mitigating global food insecurity given that world food prices remain at elevated levels," he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Torero said many staples are near record highs, with prices of rice rising and "still many risks associated with future supplies".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">World prices of maize were 24.8 percent higher on average in 2022 than in 2021, according to the FAO. Wheat was 15.6 percent more expensive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But maize prices fell in December, mostly due to "strong competition" from Brazil, the FAO statement added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Wheat was also down for the month "as ongoing harvests in the southern hemisphere boosted supplies and competition among exporters remained strong".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the FAO's vegetable oil price index reached a new record high in 2022 but fell 6.7 percent month-on-month in December to its lowest level since February 2021.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dairy and meat prices hit their highest levels since 1990, the agency said. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the context of Nepal, the year-on-year consumer price inflation increased to 8.08 percent in mid-November 2022 compared to 6.04 percent a year ago, according to the latest report of Nepal Rastra Bank.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the review period, food and beverage inflation in Nepal stood at 7.38 percent whereas non-food and service inflation rose to 8.63 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of restaurant and hotel sub-category increased 15.97 percent, tobacco products 11.81 percent, milk products and eggs 9.33 percent, cereal grains and their products 9.19 and alcoholic drinks 8.84 percent, states the Current Macroeconomic and Financial Situation Report of NRB.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16420', 'image' => '20230107124109_wheatttttt.jpg', 'article_date' => '2023-01-07 12:40:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16678', 'article_category_id' => '1', 'title' => 'BFIs Collect over Rs 530 Billion in Deposits in Six Months ', 'sub_title' => '', 'summary' => 'January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The figure was around Rs 520 billion until December 15. Of the deposits, commercial banks alone collected Rs 467.5 billion, according to the data published by the Nepal Rastra Bank (NRB). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As of January 4, BFIs have loaned out Rs 476.7 billion. During this period, BFIs' average CD Ratio remained at 86.56 percent, while inter-bank loan rate has decreased to 6.83 percent.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16419', 'image' => '20230107122715_Banks.jpg', 'article_date' => '2023-01-07 12:26:30', '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' => '16693', 'article_category_id' => '1', 'title' => 'Growing Air Pollution in Kathmandu Posing Serious Risk to the Valley Denizens', 'sub_title' => '', 'summary' => 'January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily. Meanwhile, warm air lies above the cold air.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Layers of cold and warm air create a barrier causing pollution within the atmosphere, due to which pollution tends to be more prevalent in the winter season. Air pollution is caused due to smoke emitted from vehicles and industrial areas. It takes rain and strong winds to remove the pollution. However, the chances of rain is very low at the moment. Increasing pollution is having a negative impact on human health as well as plants and animals.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Experts say that in cold weather, the risk of lung cancer increases even among non-smokers. Due to pollution, people not only suffer from allergies, but also face problems such as heart attacks and uncontrolled diabetes. At this time, people should pay attention to the cleanliness of the environment. Generally, people do not care about it due to which air pollution is becoming a threat in various cities of the country including Kathmandu.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Air pollution in Kathmandu Valley has increased as the rivers, roads and streets have not been cleaned. Because of this, its direct impact is seen on the general public.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">As the amount of smoke and dust in the atmosphere is high, the sky itself is covered with fog. It is most likely that air pollution will cross the hazardous level.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pollution can be reduced to some extent only if the habit of throwing garbage in rivers, public lands and roads can be eliminated. It is also necessary to control the use of old vehicles to prevent air pollution.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16434', 'image' => '20230109104719_20210309011732_1615244101.Clipboard04.jpg', 'article_date' => '2023-01-09 10:43:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16692', 'article_category_id' => '1', 'title' => 'Economic Crisis Looms in Pakistan as Forex Reserves Hit Eight-Year Low', 'sub_title' => '', 'summary' => 'January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Pakistan finds itself strapped for cash as money expected to come in under an International Monetary Fund (IMF) programme has been delayed. Its foreign exchange reserves now barely cover a month of imports, most of which are for energy purchases, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The South Asian nation’s foreign currency exchange took a nosedive to $5.6 billion, posing a “serious challenge” for the country in financing imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Coupled with another $5.8 billion held by commercial banks, the nation has $11.4 billion in reserves -- enough to pay for just three weeks of imports, AFP reported citing traders and economists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, Pakistan's government has ordered shopping centres and markets to close early every day as the country faces an economic crisis.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Defence minister Khawaja Asif reportedly said that the measures will save the South Asian nation around 62 billion Pakistani rupees ($274.3 million).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of Pakistan’s electricity is produced using imported fossil fuels, including liquefied natural gas, prices of which have skyrocketed in recent months, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Global energy prices jumped last year, putting further pressure on the country's already dwindling finances. To pay for those energy imports the country needs foreign currency, especially US dollars,” the BBC added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the AFP, Pakistan's economy has crumbled alongside a simmering political crisis, with the rupee plummeting and inflation at decades-high levels, but devastating floods and a global energy crisis have piled on further pressure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The latest data from the central bank released overnight -- for the week ending December 30 -- show the country has half the foreign exchange reserves it held a year ago. Servicing foreign debt and paying for crucial commodities such as medicine, food and energy are among the chief concerns.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Thousands of shipping containers are held up at a Karachi port because banks have been unable to guarantee foreign exchange payments, the French news agency further reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Successive governments have failed to shore up multilateral or bilateral aid to meet foreign payments, although a $6 billion International Monetary Fund deal was restarted after Pakistan finally met conditions such as ending subsidies on fuel, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, the Pakistan government has tried to stabilise the economy by containing imports and decades-high inflation. A quickly depreciating currency has made imports more expensive while consumer prices have risen 25 percent year-on-year in the first half of the fiscal year (July 1 to December 31).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Pakistan is recovering from last year’s catastrophic floods, which submerged more than a third of the country and caused widespread devastation and major financial losses.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The country is the eighth most vulnerable country to extreme weather caused by climate change, according to the Global Climate Risk Index compiled by the environmental NGO Germanwatch.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another South Asian country Sri Lanka is reeling under its worst financial crisis which started in 2019, resulting in mass protests last April due to which the prime minister had to resign and the president had to flee from the palace in July. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Sri Lanka’s collapse should be a wake-up call to other countries, highlighting the perils of sovereign debt in an era of geopolitical competition,” writes Tamanna Salikuddin in an analysis published by USIP.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16433', 'image' => '20230109103333_maxresdefault.jpg', 'article_date' => '2023-01-09 10:32:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16691', 'article_category_id' => '1', 'title' => 'NOC Slashes Fuel Prices', 'sub_title' => '', 'summary' => 'January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The state-owned oil monopoly has slashed the prices of petrol, diesel and kerosene by Rs 3 per litre upon the instruction of newly-formed government led by Pushpa Kamal Dahal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC has also reduced the price of aviation turbine fuel (ATF). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Prime Minister Dahal had instructed the NOC board and the Ministry of Industry, Commerce and Supplies on Thursday to lower the prices of petroleum products. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC was adamant that it would not lower the prices of petroleum products arguing that its accumulated losses were in billions. However, it took a U-turn after the directive from the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After the reduction in fuel prices, the price of petrol now stands at Rs 175 per litre. Likewise, diesel and kerosene will now cost Rs 172 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the price of ATF for domestic flights has been reduced by Rs 20 per litre and is fixed at Rs 170 per litre. The NOC said that it has lowered the price of aviation fuel for international flights by Rs 30 per litre. According to the NOC, the price of ATF for international flights has been fixed at US$ 1.420 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The price of cooking gas (liquefied petroleum gas) remains unchanged. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Sunday, NOC said it owes a total of Rs 18 billion to the Indian Oil Corporation and the Government of Nepal. </span></span></p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16432', 'image' => '20230109093612_petroo - Copy.jpg', 'article_date' => '2023-01-09 09:35:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16690', 'article_category_id' => '231', 'title' => 'Sapkota Elected Chairperson of Stock Brokers’ Association of Nepal ', 'sub_title' => '', 'summary' => 'Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. ', 'content' => '<p> </p> <p><span style="font-size:18px">January 9: Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. </span></p> <p><span style="font-size:18px">In the election held on Saturday, Proprietor of Swarna Laxmi Securities, stock broker 37, Sapkota was elected as the chair of the association. </span></p> <p><span style="font-size:18px">Sapkota defeated his rival Guna Nidhi Bhusal, proprietor of Aryatara Investment and Securities, stock broker 57 with a margin of 12 votes. Sapkota garnered 28 votes while his rival Bhusal received 16 votes.</span></p> <p><span style="font-size:18px">Despite the fact that the poll was scheduled for Saturday, efforts were made to forge consensus throughout the day. After the consensus efforts failed, the election was held. </span></p> <p><span style="font-size:18px">Consensus was, however, forged for other positions except chairperson. <br /> Sarita Adhikari and Phadindra Bista were unanimously selected as Vice-chair and General Secretary of the association.</span></p> <p><span style="font-size:18px">Similarly, Suyog Adhikari and Madan Poudel have been selected as Secretary and Treasurer respectively. </span></p> <p><span style="font-size:18px">The new working committee’s members include Priyansu Agrawal, Mitralal Shresth and Prajjwal Upreti. <br /> Earlier, Santosh Mainali had led the Stock Brokers’ Association of Nepal.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16431', 'image' => '20230109060800_collage (25).jpg', 'article_date' => '2023-01-09 05:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16689', 'article_category_id' => '1', 'title' => 'Department of Passports Resumes Distribution of Passports', 'sub_title' => 'French Team Arriving to Troubleshoot Passport Server Issue ', 'summary' => 'January 8: A technical team from France is arriving to sort out the storage issue seen for the past few days in the electric passport server system of Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Department of Passports has started distribution of passports from Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a public notice on Sunday, the department’s Spokesperson Drupada Sapkota said that the service seekers can visit the department after receiving a text message that their passport is ready.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The department had put on hold the distribution of passports since January 1 citing a technical problem. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The announcement comes while a technical team from France is preparing to arrive in Nepal on Monday to sort out the storage issue seen for the past few days in the electric passport server system of the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal had launched the distribution of e-passport on December 1, 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The distribution of passports was halted after the passport server grappled with the storage issue and took more time to accept photos and finger prints of passport seekers. However, the department sorted out the problem before the arrival of experts from abroad.</span></span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16430', 'image' => '20230108074231_20230103063510_20220527120844_Consular-6_consular.jpeg', 'article_date' => '2023-01-08 19:41:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16688', 'article_category_id' => '1', 'title' => 'Fifteen Illegal Crusher Industries Closed Down in Kapilvastu ', 'sub_title' => '', 'summary' => 'Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.', 'content' => '<p><br /> January 8: Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.</p> <p>Ministry of Home Affairs had sent the circulars to all 77 DAOs to shut down the illegal crusher industries on January 4. <br /> Out of the total 33 crusher industries in the district, fifteen were closed down after the circular while remaining eighteen industries had not been operating for sometimes. </p> <p>Kapilvastu CDO Dharmendra Kumar Mishra said DAO had shut down fifteen illegally operating crusher industries on January 5. <br /> Some crusher industries are operating without renewing their permission. Police personnel will monitor and inspect such industries and close them down, according to CDO Mishra. </p> <p>Eleven crusher industries located in Shivraj Municipality, two at Bijaynagar Rural Municipality and one each at Budhhabhumi Municipality and Krishna Nagar Municipality have been closed down. <br /> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16429', 'image' => '20230108054922_collage (35).jpg', 'article_date' => '2023-01-08 17:45:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16686', 'article_category_id' => '1', 'title' => 'What Will be the Bonus Rate of Insurance Companies after Merger?', 'sub_title' => '', 'summary' => 'January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surya Life Insurance and Jyoti Life Insurance have started joint operations of their business for the first week of this month. Gurans Life Insurance, Prime Life Insurance and Union Life Insurance have also agreed to merge with each other. Sanima Life Insurance is merging with Reliance Life Insurance. Prabhu Life Insurance and Mahalaxmi Life Insurance have also agreed to merge with each other.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Insurance companies show their bonus rates to their customers (insured) when selling insurance policies. Insurers decide to purchase insurance policy of a company depending on the bonus rate, after weighing beneficial option.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">As the process of merger intensifies, insurance companies will now have to compete with each other on bonus rate. At present, the insured are eager to learn about the bonus rate when two or more companies get merged.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">To determine the bonus rate, an insurance company must first submit the valuation of its asset and liabilities of each fiscal year. However, this seems to be happening very slowly. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Nirmal Adhikari, information officer of Nepal Insurance Authority, said that the valuation process has been disrupted due to Covid-19. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“It got a little late when Covid got stuck the world for a year and a half. Slowly everything will become normal," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">After reviewing the details submitted by the insurance companies, the authority approves the bonus rate. According to the information officer of the authority, after the merger, they have to complete all the procedures as per the previous provisions and the bonus is determined in the same way.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">When insurance companies merge with each other, they maintain their swap ratio. According to Information Officer Adhikari, the bonus rate before the merger does not make sense for the new merged entity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that the combined bonus rate will be determined only in the next year after the merger.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-10', 'keywords' => '', 'description' => '', 'sortorder' => '16427', 'image' => '20230108024951_Insurance.jpg', 'article_date' => '2023-01-08 14:49:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16685', 'article_category_id' => '266', 'title' => 'Clive Christian Launches Limited Edition Perfumes', 'sub_title' => '', 'summary' => 'January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, the company said it has launched the Timeless and Contemporary editions of perfume with the finest ingredients. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Celebrating the hallmarks of both Clive Christian and The Crown Perfumery Company to create the finest perfumes in the world these new fragrances celebrate: creativity, craftsmanship, concentration, complexity and a dedication to using only the finest ingredients,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The statement added that the bottles are in the signature green of the Crown Perfumery Company with an ornate silver decoration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Every bottle of Clive Christian is topped with the crown of Queen Victoria, patron of the</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Crown Perfumery Company, added the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Timeless and Contemporary express not only the brand’s heritage but also celebrate its prestigious status as a leading perfume house, loved globally for creating the world’s finest perfumes, the company claimed</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Reminiscent of a prestigious perfume past spanning 150 years, the company claimed that these perfumes are an ode to the art of true perfumery: a strand of history from the past reaching into the future.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16426', 'image' => '20230108023524_clive.jpg', 'article_date' => '2023-01-08 14:34:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16684', 'article_category_id' => '1', 'title' => 'Street Vendors to Organize Mass Protest against KMC’s Highhandedness', 'sub_title' => '', 'summary' => 'January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Nepal Union of Street Traders (NEST) said they are against Mayor Balendra Shah’s move to remove the street vendors without making an alternative arrangements for them.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Saturday, the union said that the street vendors of Kathmandu will be organizing the mass protest on January 9 seeking access to public space and their right to work.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the statement, it will be mobilizing its members across Kathmandu for a mass protest to push back against the evictions and harassment affecting 34,000 street vendors in the city who have been suffering for months from a “clean-up” operation by Mayor Balendra Shah.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The global alliance of street vendors, StreetNet International, has also supported the move of NEST, urging workers’ organizations across the world to stand in solidarity with NEST and defend their right to work and their right to the city.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">StreetNet International in a statement said that the KMC has adopted discriminatory urban policies against the working poor.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> The international organization noted that street vendors in Kathmandu have been banned from their usual places of business and are unable to work for months. This has resulted in loss of incomes and livelihoods, StreetNet International said.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The statement further said that Human Rights Watch has documented the assault on the rights of the urban poor taking place in Kathmandu, which is threatening up to 34,000 vendors in the city, many of whom are women who have no other alternative source of income or employment.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The main objective of the protest is to demand the authorities to respect the right to work freely and to occupy public spaces as citizens.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16425', 'image' => '20230108115430_20151216012947_STRAWBERRY_DSC0544.jpg', 'article_date' => '2023-01-08 11:53:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16683', 'article_category_id' => '1', 'title' => 'Detail study of Kathmandu-Keung Railway Begins ', 'sub_title' => '', 'summary' => 'January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department or Railways of Nepal confirmed that the study kicked off after the arrival of the Chinese team.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study of the railway that connects Kathmandu with Tibetan Autonomous Region (TAR) of China was conducted in November 2018 and an agreement for carrying out the feasibility study was reached during the visit of Chinese President Xi Jinping to Nepal from October 12 to 13 in 2019. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the agreement reached in 2019, the Chinese team has arrived in Nepal to conduct the feasibility study, said Rohit Kumar Bisural, director general of the Department of Railways.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The study is being carried out with the support of the Chinese government as per the agreement reached between Nepal and China. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the DoR, it will take three and half years for the study of the Kathmandu-Kerung railway. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study report has incorporated geographical study from Kathmandu-Kerung via Trishuli, topographical features, among others. A detailed study is going to be held based on the preliminary study report. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The new detailed study will also finalize the issue of investment. As 98 percent of the railway will be based on tunnel system, it will be a uphill battle for Nepal to secure financial resources as the cost will be high for the underground infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, this study is being conducted with the grant assistance of the Chinese government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the pre-feasibility report, the cost of the project was estimated to be around Rs 257 billion. Based on the report, the Department of Railways has estimated that it will be able to complete the project in nine years if the government allocated an annual budget of Rs 28.55 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the preliminary study, the railway will be of 72.25 kilometers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The DoR stated that the railway line will originate from Kerung and connect Kathmandu via Rasuwagadhi. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The study of the railway will be carried out in such a way that the railway track will bifurcate towards Nepal from the railway track going towards Mansarovar of Tibet from a lake above Kerung," said Director General Bisural. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the railway will be built on high mountainous region, this project will be challenging but not impossible, states the preliminary report.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16424', 'image' => '20230108114328_20181211034350_ac1b5a6d8f54a5755cd2e902d0a3bab7.jpg', 'article_date' => '2023-01-08 11:42:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16682', 'article_category_id' => '1', 'title' => 'National Agriculture Census in Final Stage ', 'sub_title' => 'Central Bureau of Statistics Preparing to Publish the Results of the Census on February 12', 'summary' => 'January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. According to the bureau, the census held from April 19 to June 2 is currently in the final stage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Data processing and publication are almost over,” the CBS said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CBS had carried assessment of the situation of various crops produced in the country, irrigation, use of agricultural materials, collection of details on lands used for farming, and the number of livestock and fowls under the census which is held every ten years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The First National Agriculture Census was held in Nepal in 1961/62 AD.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The latest census covered areas of all 753 local units (rural municipalities and municipalities) of 77 districts. The enumerators deployed in the census visited 350,000 farmers in all 753 local units to collect the details of agricultural activities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CSB, the enumerators collected details of farmers, workers employed, lands used, irrigation facility, crops and fruits planted, the availability of seeds and fertilizers, the number of livestock, buildings and structures used, ponds used for fishery, apiary, silkworm farming, loans for farmers, insurance and subsidies, the impact on agriculture, natural disasters, the availability of food for farmers and other economic activities related to farmers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Data on subsistence, commercial and institutional farming was also collected.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CBS, a scientific method was employed to conduct the census. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Experts believe that this census will help carry out a study on the impact and contribution of agriculture to the national production. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This will also help formulate plans, monitor and evaluate agricultural produce at all three tiers of government, said sources.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16423', 'image' => '20230108105055_BhabinKarki_Kimathanka_RSS_26_____________(1).JPG', 'article_date' => '2023-01-08 10:49:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16681', 'article_category_id' => '268', 'title' => 'Potato Import Plummets by 30,400 Metric Tons ', 'sub_title' => '', 'summary' => 'Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.', 'content' => '<p><br /> <span style="font-size:16px">January 8: Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.</span></p> <p><span style="font-size:16px">According to the data at the Department of Customs, import of potatoes slumped in the first five months of the current fiscal year compared to the same period last year.</span></p> <p><span style="font-size:16px">In the last few years, domestic potato production has risen, causing the import to slump. <br /> According to the data at the department, Nepal had imported 218,305 metric tons of potatoes worth 5.52 billion rupees from different countries in the first five months of fiscal year 2078/2079. </span></p> <p><span style="font-size:16px">As many as 187,858 metric tons of potatoes worth Rs 4.80 billion were imported during the same period in the current fiscal year.Statistics at the department show that potato import has been falling continuously in the recent years in Nepal. </span></p> <p><span style="font-size:16px"> In the fiscal year 2076/77, 341,914 tons of potatoes worth Rs 8.77 billion were imported, while 339,622 tons of potato worth Rs 8.49 billion were imported in the fiscal year of 2077/78.</span></p> <p><span style="font-size:16px">Basudev Kafle, Head of National Center for Potato, Vegetable and Spice Crops Development attributed rise in the domestic potation production to the drop in the potato import. </span></p> <p><span style="font-size:16px">According to Kafle, 166 pocket areas have been established for potato farming and 200 farmers’ groups have been involved under the Prime Minister Agriculture Modernization Programme across the country.</span></p> <p><span style="font-size:16px">With involvement of farmers, food potato and seed potato promotion programmes have been implemented. <br /> As a result, farmers have received quality seed, contributing to the rise of potato production.</span></p> <p><span style="font-size:16px">In the current fiscal year, a budget of Rs 147.8 million has been allocated to 97 local levels for food potato promotion and Rs 33.34 million to 22 local levels for seed potato promotion program.</span></p> <p><span style="font-size:16px">Data at the center shows that the annual production of potatoes is increasing in recent years. <br /> In the fiscal year 2075/76, potato was cultivated in 193,200 hectares of land in Nepal. Country had produced 28,51,800 metric tons in the fiscal year. </span></p> <p><span style="font-size:16px">In the fiscal year 2076/77, potato was grown in 195,100 hectares of the land. The potato production increased to 31,12,900 metric tons of potatoes. Similarly, in the fiscal year 2077/78, as many as 3,325,000 metric tons of potatoes were produced in 198,000 hectares of land.</span></p> <p><span style="font-size:16px">Domestic potato production meets around 90 percent of total potato demand in the country. However, experts say that large quantities of potatoes are imported for industrial raw materials. </span></p> <p><span style="font-size:16px">National center for Potato, Vegetable and Spice Crop Development Nigale’s Head Bijaya Kumar Giri says that import of 10 percent potato is enough to meet demand for consumption. </span></p> <p><span style="font-size:16px">“Potatoes are being imported in large quantities for chips, French fries and other products,”, added Giri. <br /> Until a few years ago, low-yielding potato seeds, such as, Cardinal, Kufri Sinduri, Kufri Jyoti would be distributed to the farmers. </span></p> <p><span style="font-size:16px">However, varieties of high-yielding seeds, such as, Janakdev, Khumal Lakshmi, Khumal Vikas are provided to the farmers for potation cultivation these days, leading the potato production to rise. These seeds are less vulnerable to disease and pests, which also supports the growth of potato produce. </span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16422', 'image' => '20230108065429_collage (23).jpg', 'article_date' => '2023-01-08 06:47:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '16679', 'article_category_id' => '1', 'title' => 'Labour Permits to be Issued from All Seven Provinces from Jan 8', 'sub_title' => '', 'summary' => 'January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8). Prior to this, the ministry had been providing labour permits only from Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From now on, the labour permits would also be issued from the labour and employment offices at Biratnagar and Janakpur from coming Sunday, the ministry stated. The employment offices at Biratnagar and Janakpur had been only renewing the labour permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Secretary at the Ministry Ek Narayan Aryal confirmed that the employment offices at Janakpur and Biratnagar will also be issuing the institutional and individual labour permits from January 8. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the foreign employment offices at Pokhara and Butwal have been providing all three types of services, including issuing institutional and individual labour permits and their renewal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Renewal of labour permits and issuance of individual labour permits have been started from the labour and employment offices at Surkhet and Kailali as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With this, provision has been made for issuing all types of labour permit from the labour and employment offices in all seven provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry stated through a press release that arrangements have been made for accessing all types of labour permits online without the service-seekers having to be present in person at the labour office. The problem of having to face various hassles has been removed, added the statement. -- RSS </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16421', 'image' => '20230107123244_foreign emp.jpg', 'article_date' => '2023-01-07 12:31:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16680', 'article_category_id' => '1', 'title' => 'World Food Prices Hit Record High in 2022', 'sub_title' => '', 'summary' => 'January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Food and Agricultural Organisation (FAO) of the United Nations, food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and cooking oil to the world.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But prices have dropped since then, with more relief brought by a deal brokered by Turkey and the United Nations in July that lifted a Russian naval blockade on Ukrainian grain exports, the AFP reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The FAO said Friday its price index, which tracks the monthly change in international prices of a basket of food commodities, fell to 132.4 points in December, a 1.9 percent drop from November. It was also one percent lower than in December 2021. But the index was 14.3 percent higher overall in 2022 compared to the previous year as it reached an all-time high of 143.7 points, AFP added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Calmer food commodity prices are welcome after two very volatile years," AFP quoted FAO chief economist Maximo Torero as saying in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It is important to remain vigilant and keep a strong focus on mitigating global food insecurity given that world food prices remain at elevated levels," he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Torero said many staples are near record highs, with prices of rice rising and "still many risks associated with future supplies".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">World prices of maize were 24.8 percent higher on average in 2022 than in 2021, according to the FAO. Wheat was 15.6 percent more expensive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But maize prices fell in December, mostly due to "strong competition" from Brazil, the FAO statement added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Wheat was also down for the month "as ongoing harvests in the southern hemisphere boosted supplies and competition among exporters remained strong".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the FAO's vegetable oil price index reached a new record high in 2022 but fell 6.7 percent month-on-month in December to its lowest level since February 2021.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dairy and meat prices hit their highest levels since 1990, the agency said. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the context of Nepal, the year-on-year consumer price inflation increased to 8.08 percent in mid-November 2022 compared to 6.04 percent a year ago, according to the latest report of Nepal Rastra Bank.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the review period, food and beverage inflation in Nepal stood at 7.38 percent whereas non-food and service inflation rose to 8.63 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of restaurant and hotel sub-category increased 15.97 percent, tobacco products 11.81 percent, milk products and eggs 9.33 percent, cereal grains and their products 9.19 and alcoholic drinks 8.84 percent, states the Current Macroeconomic and Financial Situation Report of NRB.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16420', 'image' => '20230107124109_wheatttttt.jpg', 'article_date' => '2023-01-07 12:40:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16678', 'article_category_id' => '1', 'title' => 'BFIs Collect over Rs 530 Billion in Deposits in Six Months ', 'sub_title' => '', 'summary' => 'January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The figure was around Rs 520 billion until December 15. Of the deposits, commercial banks alone collected Rs 467.5 billion, according to the data published by the Nepal Rastra Bank (NRB). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As of January 4, BFIs have loaned out Rs 476.7 billion. During this period, BFIs' average CD Ratio remained at 86.56 percent, while inter-bank loan rate has decreased to 6.83 percent.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16419', 'image' => '20230107122715_Banks.jpg', 'article_date' => '2023-01-07 12:26:30', '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' => '16693', 'article_category_id' => '1', 'title' => 'Growing Air Pollution in Kathmandu Posing Serious Risk to the Valley Denizens', 'sub_title' => '', 'summary' => 'January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily. Meanwhile, warm air lies above the cold air.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Layers of cold and warm air create a barrier causing pollution within the atmosphere, due to which pollution tends to be more prevalent in the winter season. Air pollution is caused due to smoke emitted from vehicles and industrial areas. It takes rain and strong winds to remove the pollution. However, the chances of rain is very low at the moment. Increasing pollution is having a negative impact on human health as well as plants and animals.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Experts say that in cold weather, the risk of lung cancer increases even among non-smokers. Due to pollution, people not only suffer from allergies, but also face problems such as heart attacks and uncontrolled diabetes. At this time, people should pay attention to the cleanliness of the environment. Generally, people do not care about it due to which air pollution is becoming a threat in various cities of the country including Kathmandu.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Air pollution in Kathmandu Valley has increased as the rivers, roads and streets have not been cleaned. Because of this, its direct impact is seen on the general public.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">As the amount of smoke and dust in the atmosphere is high, the sky itself is covered with fog. It is most likely that air pollution will cross the hazardous level.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pollution can be reduced to some extent only if the habit of throwing garbage in rivers, public lands and roads can be eliminated. It is also necessary to control the use of old vehicles to prevent air pollution.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16434', 'image' => '20230109104719_20210309011732_1615244101.Clipboard04.jpg', 'article_date' => '2023-01-09 10:43:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16692', 'article_category_id' => '1', 'title' => 'Economic Crisis Looms in Pakistan as Forex Reserves Hit Eight-Year Low', 'sub_title' => '', 'summary' => 'January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Pakistan finds itself strapped for cash as money expected to come in under an International Monetary Fund (IMF) programme has been delayed. Its foreign exchange reserves now barely cover a month of imports, most of which are for energy purchases, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The South Asian nation’s foreign currency exchange took a nosedive to $5.6 billion, posing a “serious challenge” for the country in financing imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Coupled with another $5.8 billion held by commercial banks, the nation has $11.4 billion in reserves -- enough to pay for just three weeks of imports, AFP reported citing traders and economists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, Pakistan's government has ordered shopping centres and markets to close early every day as the country faces an economic crisis.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Defence minister Khawaja Asif reportedly said that the measures will save the South Asian nation around 62 billion Pakistani rupees ($274.3 million).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of Pakistan’s electricity is produced using imported fossil fuels, including liquefied natural gas, prices of which have skyrocketed in recent months, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Global energy prices jumped last year, putting further pressure on the country's already dwindling finances. To pay for those energy imports the country needs foreign currency, especially US dollars,” the BBC added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the AFP, Pakistan's economy has crumbled alongside a simmering political crisis, with the rupee plummeting and inflation at decades-high levels, but devastating floods and a global energy crisis have piled on further pressure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The latest data from the central bank released overnight -- for the week ending December 30 -- show the country has half the foreign exchange reserves it held a year ago. Servicing foreign debt and paying for crucial commodities such as medicine, food and energy are among the chief concerns.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Thousands of shipping containers are held up at a Karachi port because banks have been unable to guarantee foreign exchange payments, the French news agency further reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Successive governments have failed to shore up multilateral or bilateral aid to meet foreign payments, although a $6 billion International Monetary Fund deal was restarted after Pakistan finally met conditions such as ending subsidies on fuel, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, the Pakistan government has tried to stabilise the economy by containing imports and decades-high inflation. A quickly depreciating currency has made imports more expensive while consumer prices have risen 25 percent year-on-year in the first half of the fiscal year (July 1 to December 31).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Pakistan is recovering from last year’s catastrophic floods, which submerged more than a third of the country and caused widespread devastation and major financial losses.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The country is the eighth most vulnerable country to extreme weather caused by climate change, according to the Global Climate Risk Index compiled by the environmental NGO Germanwatch.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another South Asian country Sri Lanka is reeling under its worst financial crisis which started in 2019, resulting in mass protests last April due to which the prime minister had to resign and the president had to flee from the palace in July. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Sri Lanka’s collapse should be a wake-up call to other countries, highlighting the perils of sovereign debt in an era of geopolitical competition,” writes Tamanna Salikuddin in an analysis published by USIP.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16433', 'image' => '20230109103333_maxresdefault.jpg', 'article_date' => '2023-01-09 10:32:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16691', 'article_category_id' => '1', 'title' => 'NOC Slashes Fuel Prices', 'sub_title' => '', 'summary' => 'January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The state-owned oil monopoly has slashed the prices of petrol, diesel and kerosene by Rs 3 per litre upon the instruction of newly-formed government led by Pushpa Kamal Dahal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC has also reduced the price of aviation turbine fuel (ATF). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Prime Minister Dahal had instructed the NOC board and the Ministry of Industry, Commerce and Supplies on Thursday to lower the prices of petroleum products. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC was adamant that it would not lower the prices of petroleum products arguing that its accumulated losses were in billions. However, it took a U-turn after the directive from the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After the reduction in fuel prices, the price of petrol now stands at Rs 175 per litre. Likewise, diesel and kerosene will now cost Rs 172 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the price of ATF for domestic flights has been reduced by Rs 20 per litre and is fixed at Rs 170 per litre. The NOC said that it has lowered the price of aviation fuel for international flights by Rs 30 per litre. According to the NOC, the price of ATF for international flights has been fixed at US$ 1.420 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The price of cooking gas (liquefied petroleum gas) remains unchanged. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Sunday, NOC said it owes a total of Rs 18 billion to the Indian Oil Corporation and the Government of Nepal. </span></span></p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16432', 'image' => '20230109093612_petroo - Copy.jpg', 'article_date' => '2023-01-09 09:35:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16690', 'article_category_id' => '231', 'title' => 'Sapkota Elected Chairperson of Stock Brokers’ Association of Nepal ', 'sub_title' => '', 'summary' => 'Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. ', 'content' => '<p> </p> <p><span style="font-size:18px">January 9: Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. </span></p> <p><span style="font-size:18px">In the election held on Saturday, Proprietor of Swarna Laxmi Securities, stock broker 37, Sapkota was elected as the chair of the association. </span></p> <p><span style="font-size:18px">Sapkota defeated his rival Guna Nidhi Bhusal, proprietor of Aryatara Investment and Securities, stock broker 57 with a margin of 12 votes. Sapkota garnered 28 votes while his rival Bhusal received 16 votes.</span></p> <p><span style="font-size:18px">Despite the fact that the poll was scheduled for Saturday, efforts were made to forge consensus throughout the day. After the consensus efforts failed, the election was held. </span></p> <p><span style="font-size:18px">Consensus was, however, forged for other positions except chairperson. <br /> Sarita Adhikari and Phadindra Bista were unanimously selected as Vice-chair and General Secretary of the association.</span></p> <p><span style="font-size:18px">Similarly, Suyog Adhikari and Madan Poudel have been selected as Secretary and Treasurer respectively. </span></p> <p><span style="font-size:18px">The new working committee’s members include Priyansu Agrawal, Mitralal Shresth and Prajjwal Upreti. <br /> Earlier, Santosh Mainali had led the Stock Brokers’ Association of Nepal.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16431', 'image' => '20230109060800_collage (25).jpg', 'article_date' => '2023-01-09 05:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16689', 'article_category_id' => '1', 'title' => 'Department of Passports Resumes Distribution of Passports', 'sub_title' => 'French Team Arriving to Troubleshoot Passport Server Issue ', 'summary' => 'January 8: A technical team from France is arriving to sort out the storage issue seen for the past few days in the electric passport server system of Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Department of Passports has started distribution of passports from Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a public notice on Sunday, the department’s Spokesperson Drupada Sapkota said that the service seekers can visit the department after receiving a text message that their passport is ready.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The department had put on hold the distribution of passports since January 1 citing a technical problem. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The announcement comes while a technical team from France is preparing to arrive in Nepal on Monday to sort out the storage issue seen for the past few days in the electric passport server system of the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal had launched the distribution of e-passport on December 1, 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The distribution of passports was halted after the passport server grappled with the storage issue and took more time to accept photos and finger prints of passport seekers. However, the department sorted out the problem before the arrival of experts from abroad.</span></span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16430', 'image' => '20230108074231_20230103063510_20220527120844_Consular-6_consular.jpeg', 'article_date' => '2023-01-08 19:41:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16688', 'article_category_id' => '1', 'title' => 'Fifteen Illegal Crusher Industries Closed Down in Kapilvastu ', 'sub_title' => '', 'summary' => 'Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.', 'content' => '<p><br /> January 8: Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.</p> <p>Ministry of Home Affairs had sent the circulars to all 77 DAOs to shut down the illegal crusher industries on January 4. <br /> Out of the total 33 crusher industries in the district, fifteen were closed down after the circular while remaining eighteen industries had not been operating for sometimes. </p> <p>Kapilvastu CDO Dharmendra Kumar Mishra said DAO had shut down fifteen illegally operating crusher industries on January 5. <br /> Some crusher industries are operating without renewing their permission. Police personnel will monitor and inspect such industries and close them down, according to CDO Mishra. </p> <p>Eleven crusher industries located in Shivraj Municipality, two at Bijaynagar Rural Municipality and one each at Budhhabhumi Municipality and Krishna Nagar Municipality have been closed down. <br /> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16429', 'image' => '20230108054922_collage (35).jpg', 'article_date' => '2023-01-08 17:45:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16686', 'article_category_id' => '1', 'title' => 'What Will be the Bonus Rate of Insurance Companies after Merger?', 'sub_title' => '', 'summary' => 'January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surya Life Insurance and Jyoti Life Insurance have started joint operations of their business for the first week of this month. Gurans Life Insurance, Prime Life Insurance and Union Life Insurance have also agreed to merge with each other. Sanima Life Insurance is merging with Reliance Life Insurance. Prabhu Life Insurance and Mahalaxmi Life Insurance have also agreed to merge with each other.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Insurance companies show their bonus rates to their customers (insured) when selling insurance policies. Insurers decide to purchase insurance policy of a company depending on the bonus rate, after weighing beneficial option.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">As the process of merger intensifies, insurance companies will now have to compete with each other on bonus rate. At present, the insured are eager to learn about the bonus rate when two or more companies get merged.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">To determine the bonus rate, an insurance company must first submit the valuation of its asset and liabilities of each fiscal year. However, this seems to be happening very slowly. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Nirmal Adhikari, information officer of Nepal Insurance Authority, said that the valuation process has been disrupted due to Covid-19. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“It got a little late when Covid got stuck the world for a year and a half. Slowly everything will become normal," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">After reviewing the details submitted by the insurance companies, the authority approves the bonus rate. According to the information officer of the authority, after the merger, they have to complete all the procedures as per the previous provisions and the bonus is determined in the same way.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">When insurance companies merge with each other, they maintain their swap ratio. According to Information Officer Adhikari, the bonus rate before the merger does not make sense for the new merged entity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that the combined bonus rate will be determined only in the next year after the merger.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-10', 'keywords' => '', 'description' => '', 'sortorder' => '16427', 'image' => '20230108024951_Insurance.jpg', 'article_date' => '2023-01-08 14:49:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16685', 'article_category_id' => '266', 'title' => 'Clive Christian Launches Limited Edition Perfumes', 'sub_title' => '', 'summary' => 'January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, the company said it has launched the Timeless and Contemporary editions of perfume with the finest ingredients. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Celebrating the hallmarks of both Clive Christian and The Crown Perfumery Company to create the finest perfumes in the world these new fragrances celebrate: creativity, craftsmanship, concentration, complexity and a dedication to using only the finest ingredients,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The statement added that the bottles are in the signature green of the Crown Perfumery Company with an ornate silver decoration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Every bottle of Clive Christian is topped with the crown of Queen Victoria, patron of the</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Crown Perfumery Company, added the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Timeless and Contemporary express not only the brand’s heritage but also celebrate its prestigious status as a leading perfume house, loved globally for creating the world’s finest perfumes, the company claimed</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Reminiscent of a prestigious perfume past spanning 150 years, the company claimed that these perfumes are an ode to the art of true perfumery: a strand of history from the past reaching into the future.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16426', 'image' => '20230108023524_clive.jpg', 'article_date' => '2023-01-08 14:34:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16684', 'article_category_id' => '1', 'title' => 'Street Vendors to Organize Mass Protest against KMC’s Highhandedness', 'sub_title' => '', 'summary' => 'January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Nepal Union of Street Traders (NEST) said they are against Mayor Balendra Shah’s move to remove the street vendors without making an alternative arrangements for them.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Saturday, the union said that the street vendors of Kathmandu will be organizing the mass protest on January 9 seeking access to public space and their right to work.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the statement, it will be mobilizing its members across Kathmandu for a mass protest to push back against the evictions and harassment affecting 34,000 street vendors in the city who have been suffering for months from a “clean-up” operation by Mayor Balendra Shah.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The global alliance of street vendors, StreetNet International, has also supported the move of NEST, urging workers’ organizations across the world to stand in solidarity with NEST and defend their right to work and their right to the city.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">StreetNet International in a statement said that the KMC has adopted discriminatory urban policies against the working poor.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> The international organization noted that street vendors in Kathmandu have been banned from their usual places of business and are unable to work for months. This has resulted in loss of incomes and livelihoods, StreetNet International said.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The statement further said that Human Rights Watch has documented the assault on the rights of the urban poor taking place in Kathmandu, which is threatening up to 34,000 vendors in the city, many of whom are women who have no other alternative source of income or employment.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The main objective of the protest is to demand the authorities to respect the right to work freely and to occupy public spaces as citizens.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16425', 'image' => '20230108115430_20151216012947_STRAWBERRY_DSC0544.jpg', 'article_date' => '2023-01-08 11:53:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16683', 'article_category_id' => '1', 'title' => 'Detail study of Kathmandu-Keung Railway Begins ', 'sub_title' => '', 'summary' => 'January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department or Railways of Nepal confirmed that the study kicked off after the arrival of the Chinese team.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study of the railway that connects Kathmandu with Tibetan Autonomous Region (TAR) of China was conducted in November 2018 and an agreement for carrying out the feasibility study was reached during the visit of Chinese President Xi Jinping to Nepal from October 12 to 13 in 2019. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the agreement reached in 2019, the Chinese team has arrived in Nepal to conduct the feasibility study, said Rohit Kumar Bisural, director general of the Department of Railways.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The study is being carried out with the support of the Chinese government as per the agreement reached between Nepal and China. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the DoR, it will take three and half years for the study of the Kathmandu-Kerung railway. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study report has incorporated geographical study from Kathmandu-Kerung via Trishuli, topographical features, among others. A detailed study is going to be held based on the preliminary study report. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The new detailed study will also finalize the issue of investment. As 98 percent of the railway will be based on tunnel system, it will be a uphill battle for Nepal to secure financial resources as the cost will be high for the underground infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, this study is being conducted with the grant assistance of the Chinese government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the pre-feasibility report, the cost of the project was estimated to be around Rs 257 billion. Based on the report, the Department of Railways has estimated that it will be able to complete the project in nine years if the government allocated an annual budget of Rs 28.55 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the preliminary study, the railway will be of 72.25 kilometers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The DoR stated that the railway line will originate from Kerung and connect Kathmandu via Rasuwagadhi. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The study of the railway will be carried out in such a way that the railway track will bifurcate towards Nepal from the railway track going towards Mansarovar of Tibet from a lake above Kerung," said Director General Bisural. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the railway will be built on high mountainous region, this project will be challenging but not impossible, states the preliminary report.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16424', 'image' => '20230108114328_20181211034350_ac1b5a6d8f54a5755cd2e902d0a3bab7.jpg', 'article_date' => '2023-01-08 11:42:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16682', 'article_category_id' => '1', 'title' => 'National Agriculture Census in Final Stage ', 'sub_title' => 'Central Bureau of Statistics Preparing to Publish the Results of the Census on February 12', 'summary' => 'January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. According to the bureau, the census held from April 19 to June 2 is currently in the final stage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Data processing and publication are almost over,” the CBS said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CBS had carried assessment of the situation of various crops produced in the country, irrigation, use of agricultural materials, collection of details on lands used for farming, and the number of livestock and fowls under the census which is held every ten years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The First National Agriculture Census was held in Nepal in 1961/62 AD.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The latest census covered areas of all 753 local units (rural municipalities and municipalities) of 77 districts. The enumerators deployed in the census visited 350,000 farmers in all 753 local units to collect the details of agricultural activities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CSB, the enumerators collected details of farmers, workers employed, lands used, irrigation facility, crops and fruits planted, the availability of seeds and fertilizers, the number of livestock, buildings and structures used, ponds used for fishery, apiary, silkworm farming, loans for farmers, insurance and subsidies, the impact on agriculture, natural disasters, the availability of food for farmers and other economic activities related to farmers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Data on subsistence, commercial and institutional farming was also collected.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CBS, a scientific method was employed to conduct the census. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Experts believe that this census will help carry out a study on the impact and contribution of agriculture to the national production. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This will also help formulate plans, monitor and evaluate agricultural produce at all three tiers of government, said sources.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16423', 'image' => '20230108105055_BhabinKarki_Kimathanka_RSS_26_____________(1).JPG', 'article_date' => '2023-01-08 10:49:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16681', 'article_category_id' => '268', 'title' => 'Potato Import Plummets by 30,400 Metric Tons ', 'sub_title' => '', 'summary' => 'Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.', 'content' => '<p><br /> <span style="font-size:16px">January 8: Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.</span></p> <p><span style="font-size:16px">According to the data at the Department of Customs, import of potatoes slumped in the first five months of the current fiscal year compared to the same period last year.</span></p> <p><span style="font-size:16px">In the last few years, domestic potato production has risen, causing the import to slump. <br /> According to the data at the department, Nepal had imported 218,305 metric tons of potatoes worth 5.52 billion rupees from different countries in the first five months of fiscal year 2078/2079. </span></p> <p><span style="font-size:16px">As many as 187,858 metric tons of potatoes worth Rs 4.80 billion were imported during the same period in the current fiscal year.Statistics at the department show that potato import has been falling continuously in the recent years in Nepal. </span></p> <p><span style="font-size:16px"> In the fiscal year 2076/77, 341,914 tons of potatoes worth Rs 8.77 billion were imported, while 339,622 tons of potato worth Rs 8.49 billion were imported in the fiscal year of 2077/78.</span></p> <p><span style="font-size:16px">Basudev Kafle, Head of National Center for Potato, Vegetable and Spice Crops Development attributed rise in the domestic potation production to the drop in the potato import. </span></p> <p><span style="font-size:16px">According to Kafle, 166 pocket areas have been established for potato farming and 200 farmers’ groups have been involved under the Prime Minister Agriculture Modernization Programme across the country.</span></p> <p><span style="font-size:16px">With involvement of farmers, food potato and seed potato promotion programmes have been implemented. <br /> As a result, farmers have received quality seed, contributing to the rise of potato production.</span></p> <p><span style="font-size:16px">In the current fiscal year, a budget of Rs 147.8 million has been allocated to 97 local levels for food potato promotion and Rs 33.34 million to 22 local levels for seed potato promotion program.</span></p> <p><span style="font-size:16px">Data at the center shows that the annual production of potatoes is increasing in recent years. <br /> In the fiscal year 2075/76, potato was cultivated in 193,200 hectares of land in Nepal. Country had produced 28,51,800 metric tons in the fiscal year. </span></p> <p><span style="font-size:16px">In the fiscal year 2076/77, potato was grown in 195,100 hectares of the land. The potato production increased to 31,12,900 metric tons of potatoes. Similarly, in the fiscal year 2077/78, as many as 3,325,000 metric tons of potatoes were produced in 198,000 hectares of land.</span></p> <p><span style="font-size:16px">Domestic potato production meets around 90 percent of total potato demand in the country. However, experts say that large quantities of potatoes are imported for industrial raw materials. </span></p> <p><span style="font-size:16px">National center for Potato, Vegetable and Spice Crop Development Nigale’s Head Bijaya Kumar Giri says that import of 10 percent potato is enough to meet demand for consumption. </span></p> <p><span style="font-size:16px">“Potatoes are being imported in large quantities for chips, French fries and other products,”, added Giri. <br /> Until a few years ago, low-yielding potato seeds, such as, Cardinal, Kufri Sinduri, Kufri Jyoti would be distributed to the farmers. </span></p> <p><span style="font-size:16px">However, varieties of high-yielding seeds, such as, Janakdev, Khumal Lakshmi, Khumal Vikas are provided to the farmers for potation cultivation these days, leading the potato production to rise. These seeds are less vulnerable to disease and pests, which also supports the growth of potato produce. </span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16422', 'image' => '20230108065429_collage (23).jpg', 'article_date' => '2023-01-08 06:47:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '16679', 'article_category_id' => '1', 'title' => 'Labour Permits to be Issued from All Seven Provinces from Jan 8', 'sub_title' => '', 'summary' => 'January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8). Prior to this, the ministry had been providing labour permits only from Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From now on, the labour permits would also be issued from the labour and employment offices at Biratnagar and Janakpur from coming Sunday, the ministry stated. The employment offices at Biratnagar and Janakpur had been only renewing the labour permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Secretary at the Ministry Ek Narayan Aryal confirmed that the employment offices at Janakpur and Biratnagar will also be issuing the institutional and individual labour permits from January 8. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the foreign employment offices at Pokhara and Butwal have been providing all three types of services, including issuing institutional and individual labour permits and their renewal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Renewal of labour permits and issuance of individual labour permits have been started from the labour and employment offices at Surkhet and Kailali as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With this, provision has been made for issuing all types of labour permit from the labour and employment offices in all seven provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry stated through a press release that arrangements have been made for accessing all types of labour permits online without the service-seekers having to be present in person at the labour office. The problem of having to face various hassles has been removed, added the statement. -- RSS </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16421', 'image' => '20230107123244_foreign emp.jpg', 'article_date' => '2023-01-07 12:31:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16680', 'article_category_id' => '1', 'title' => 'World Food Prices Hit Record High in 2022', 'sub_title' => '', 'summary' => 'January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Food and Agricultural Organisation (FAO) of the United Nations, food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and cooking oil to the world.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But prices have dropped since then, with more relief brought by a deal brokered by Turkey and the United Nations in July that lifted a Russian naval blockade on Ukrainian grain exports, the AFP reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The FAO said Friday its price index, which tracks the monthly change in international prices of a basket of food commodities, fell to 132.4 points in December, a 1.9 percent drop from November. It was also one percent lower than in December 2021. But the index was 14.3 percent higher overall in 2022 compared to the previous year as it reached an all-time high of 143.7 points, AFP added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Calmer food commodity prices are welcome after two very volatile years," AFP quoted FAO chief economist Maximo Torero as saying in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It is important to remain vigilant and keep a strong focus on mitigating global food insecurity given that world food prices remain at elevated levels," he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Torero said many staples are near record highs, with prices of rice rising and "still many risks associated with future supplies".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">World prices of maize were 24.8 percent higher on average in 2022 than in 2021, according to the FAO. Wheat was 15.6 percent more expensive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But maize prices fell in December, mostly due to "strong competition" from Brazil, the FAO statement added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Wheat was also down for the month "as ongoing harvests in the southern hemisphere boosted supplies and competition among exporters remained strong".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the FAO's vegetable oil price index reached a new record high in 2022 but fell 6.7 percent month-on-month in December to its lowest level since February 2021.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dairy and meat prices hit their highest levels since 1990, the agency said. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the context of Nepal, the year-on-year consumer price inflation increased to 8.08 percent in mid-November 2022 compared to 6.04 percent a year ago, according to the latest report of Nepal Rastra Bank.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the review period, food and beverage inflation in Nepal stood at 7.38 percent whereas non-food and service inflation rose to 8.63 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of restaurant and hotel sub-category increased 15.97 percent, tobacco products 11.81 percent, milk products and eggs 9.33 percent, cereal grains and their products 9.19 and alcoholic drinks 8.84 percent, states the Current Macroeconomic and Financial Situation Report of NRB.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16420', 'image' => '20230107124109_wheatttttt.jpg', 'article_date' => '2023-01-07 12:40:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16678', 'article_category_id' => '1', 'title' => 'BFIs Collect over Rs 530 Billion in Deposits in Six Months ', 'sub_title' => '', 'summary' => 'January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The figure was around Rs 520 billion until December 15. Of the deposits, commercial banks alone collected Rs 467.5 billion, according to the data published by the Nepal Rastra Bank (NRB). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As of January 4, BFIs have loaned out Rs 476.7 billion. During this period, BFIs' average CD Ratio remained at 86.56 percent, while inter-bank loan rate has decreased to 6.83 percent.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16419', 'image' => '20230107122715_Banks.jpg', 'article_date' => '2023-01-07 12:26:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16693', 'article_category_id' => '1', 'title' => 'Growing Air Pollution in Kathmandu Posing Serious Risk to the Valley Denizens', 'sub_title' => '', 'summary' => 'January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">January 9: Air pollution is increasing each day like it does every year with the onset of winter. Cold air is denser than warm air and cannot rise up easily. Meanwhile, warm air lies above the cold air.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Layers of cold and warm air create a barrier causing pollution within the atmosphere, due to which pollution tends to be more prevalent in the winter season. Air pollution is caused due to smoke emitted from vehicles and industrial areas. It takes rain and strong winds to remove the pollution. However, the chances of rain is very low at the moment. Increasing pollution is having a negative impact on human health as well as plants and animals.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Experts say that in cold weather, the risk of lung cancer increases even among non-smokers. Due to pollution, people not only suffer from allergies, but also face problems such as heart attacks and uncontrolled diabetes. At this time, people should pay attention to the cleanliness of the environment. Generally, people do not care about it due to which air pollution is becoming a threat in various cities of the country including Kathmandu.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Air pollution in Kathmandu Valley has increased as the rivers, roads and streets have not been cleaned. Because of this, its direct impact is seen on the general public.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">As the amount of smoke and dust in the atmosphere is high, the sky itself is covered with fog. It is most likely that air pollution will cross the hazardous level.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Pollution can be reduced to some extent only if the habit of throwing garbage in rivers, public lands and roads can be eliminated. It is also necessary to control the use of old vehicles to prevent air pollution.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16434', 'image' => '20230109104719_20210309011732_1615244101.Clipboard04.jpg', 'article_date' => '2023-01-09 10:43:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16692', 'article_category_id' => '1', 'title' => 'Economic Crisis Looms in Pakistan as Forex Reserves Hit Eight-Year Low', 'sub_title' => '', 'summary' => 'January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: The foreign exchange reserves of Pakistan's central bank have plunged to an eight-year low as the country grapples with economic crisis, according to media reports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Pakistan finds itself strapped for cash as money expected to come in under an International Monetary Fund (IMF) programme has been delayed. Its foreign exchange reserves now barely cover a month of imports, most of which are for energy purchases, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The South Asian nation’s foreign currency exchange took a nosedive to $5.6 billion, posing a “serious challenge” for the country in financing imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Coupled with another $5.8 billion held by commercial banks, the nation has $11.4 billion in reserves -- enough to pay for just three weeks of imports, AFP reported citing traders and economists.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, Pakistan's government has ordered shopping centres and markets to close early every day as the country faces an economic crisis.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Defence minister Khawaja Asif reportedly said that the measures will save the South Asian nation around 62 billion Pakistani rupees ($274.3 million).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Most of Pakistan’s electricity is produced using imported fossil fuels, including liquefied natural gas, prices of which have skyrocketed in recent months, Al Jazeera reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Global energy prices jumped last year, putting further pressure on the country's already dwindling finances. To pay for those energy imports the country needs foreign currency, especially US dollars,” the BBC added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the AFP, Pakistan's economy has crumbled alongside a simmering political crisis, with the rupee plummeting and inflation at decades-high levels, but devastating floods and a global energy crisis have piled on further pressure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The latest data from the central bank released overnight -- for the week ending December 30 -- show the country has half the foreign exchange reserves it held a year ago. Servicing foreign debt and paying for crucial commodities such as medicine, food and energy are among the chief concerns.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Thousands of shipping containers are held up at a Karachi port because banks have been unable to guarantee foreign exchange payments, the French news agency further reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Successive governments have failed to shore up multilateral or bilateral aid to meet foreign payments, although a $6 billion International Monetary Fund deal was restarted after Pakistan finally met conditions such as ending subsidies on fuel, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, the Pakistan government has tried to stabilise the economy by containing imports and decades-high inflation. A quickly depreciating currency has made imports more expensive while consumer prices have risen 25 percent year-on-year in the first half of the fiscal year (July 1 to December 31).</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Pakistan is recovering from last year’s catastrophic floods, which submerged more than a third of the country and caused widespread devastation and major financial losses.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The country is the eighth most vulnerable country to extreme weather caused by climate change, according to the Global Climate Risk Index compiled by the environmental NGO Germanwatch.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Another South Asian country Sri Lanka is reeling under its worst financial crisis which started in 2019, resulting in mass protests last April due to which the prime minister had to resign and the president had to flee from the palace in July. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Sri Lanka’s collapse should be a wake-up call to other countries, highlighting the perils of sovereign debt in an era of geopolitical competition,” writes Tamanna Salikuddin in an analysis published by USIP.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16433', 'image' => '20230109103333_maxresdefault.jpg', 'article_date' => '2023-01-09 10:32:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16691', 'article_category_id' => '1', 'title' => 'NOC Slashes Fuel Prices', 'sub_title' => '', 'summary' => 'January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 9: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from Monday (January 9). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The state-owned oil monopoly has slashed the prices of petrol, diesel and kerosene by Rs 3 per litre upon the instruction of newly-formed government led by Pushpa Kamal Dahal.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC has also reduced the price of aviation turbine fuel (ATF). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Prime Minister Dahal had instructed the NOC board and the Ministry of Industry, Commerce and Supplies on Thursday to lower the prices of petroleum products. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The NOC was adamant that it would not lower the prices of petroleum products arguing that its accumulated losses were in billions. However, it took a U-turn after the directive from the government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">After the reduction in fuel prices, the price of petrol now stands at Rs 175 per litre. Likewise, diesel and kerosene will now cost Rs 172 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the price of ATF for domestic flights has been reduced by Rs 20 per litre and is fixed at Rs 170 per litre. The NOC said that it has lowered the price of aviation fuel for international flights by Rs 30 per litre. According to the NOC, the price of ATF for international flights has been fixed at US$ 1.420 per litre. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The price of cooking gas (liquefied petroleum gas) remains unchanged. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Sunday, NOC said it owes a total of Rs 18 billion to the Indian Oil Corporation and the Government of Nepal. </span></span></p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16432', 'image' => '20230109093612_petroo - Copy.jpg', 'article_date' => '2023-01-09 09:35:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16690', 'article_category_id' => '231', 'title' => 'Sapkota Elected Chairperson of Stock Brokers’ Association of Nepal ', 'sub_title' => '', 'summary' => 'Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. ', 'content' => '<p> </p> <p><span style="font-size:18px">January 9: Dharmaraj Sapkota has been elected as chairperson of Stock Brokers’ Association of Nepal. </span></p> <p><span style="font-size:18px">In the election held on Saturday, Proprietor of Swarna Laxmi Securities, stock broker 37, Sapkota was elected as the chair of the association. </span></p> <p><span style="font-size:18px">Sapkota defeated his rival Guna Nidhi Bhusal, proprietor of Aryatara Investment and Securities, stock broker 57 with a margin of 12 votes. Sapkota garnered 28 votes while his rival Bhusal received 16 votes.</span></p> <p><span style="font-size:18px">Despite the fact that the poll was scheduled for Saturday, efforts were made to forge consensus throughout the day. After the consensus efforts failed, the election was held. </span></p> <p><span style="font-size:18px">Consensus was, however, forged for other positions except chairperson. <br /> Sarita Adhikari and Phadindra Bista were unanimously selected as Vice-chair and General Secretary of the association.</span></p> <p><span style="font-size:18px">Similarly, Suyog Adhikari and Madan Poudel have been selected as Secretary and Treasurer respectively. </span></p> <p><span style="font-size:18px">The new working committee’s members include Priyansu Agrawal, Mitralal Shresth and Prajjwal Upreti. <br /> Earlier, Santosh Mainali had led the Stock Brokers’ Association of Nepal.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-09', 'modified' => '2023-01-09', 'keywords' => '', 'description' => '', 'sortorder' => '16431', 'image' => '20230109060800_collage (25).jpg', 'article_date' => '2023-01-09 05:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16689', 'article_category_id' => '1', 'title' => 'Department of Passports Resumes Distribution of Passports', 'sub_title' => 'French Team Arriving to Troubleshoot Passport Server Issue ', 'summary' => 'January 8: A technical team from France is arriving to sort out the storage issue seen for the past few days in the electric passport server system of Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Department of Passports has started distribution of passports from Sunday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a public notice on Sunday, the department’s Spokesperson Drupada Sapkota said that the service seekers can visit the department after receiving a text message that their passport is ready.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The department had put on hold the distribution of passports since January 1 citing a technical problem. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The announcement comes while a technical team from France is preparing to arrive in Nepal on Monday to sort out the storage issue seen for the past few days in the electric passport server system of the country. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal had launched the distribution of e-passport on December 1, 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The distribution of passports was halted after the passport server grappled with the storage issue and took more time to accept photos and finger prints of passport seekers. However, the department sorted out the problem before the arrival of experts from abroad.</span></span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16430', 'image' => '20230108074231_20230103063510_20220527120844_Consular-6_consular.jpeg', 'article_date' => '2023-01-08 19:41:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16688', 'article_category_id' => '1', 'title' => 'Fifteen Illegal Crusher Industries Closed Down in Kapilvastu ', 'sub_title' => '', 'summary' => 'Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.', 'content' => '<p><br /> January 8: Following the directive of the Ministry of Home Affairs, District Administration Office (DAO) Kapilvastu has shut down as many as 15 illegally operating crusher industries in the district.</p> <p>Ministry of Home Affairs had sent the circulars to all 77 DAOs to shut down the illegal crusher industries on January 4. <br /> Out of the total 33 crusher industries in the district, fifteen were closed down after the circular while remaining eighteen industries had not been operating for sometimes. </p> <p>Kapilvastu CDO Dharmendra Kumar Mishra said DAO had shut down fifteen illegally operating crusher industries on January 5. <br /> Some crusher industries are operating without renewing their permission. Police personnel will monitor and inspect such industries and close them down, according to CDO Mishra. </p> <p>Eleven crusher industries located in Shivraj Municipality, two at Bijaynagar Rural Municipality and one each at Budhhabhumi Municipality and Krishna Nagar Municipality have been closed down. <br /> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16429', 'image' => '20230108054922_collage (35).jpg', 'article_date' => '2023-01-08 17:45:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16686', 'article_category_id' => '1', 'title' => 'What Will be the Bonus Rate of Insurance Companies after Merger?', 'sub_title' => '', 'summary' => 'January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">January 8: After the Nepal Insurance Authority (the then Insurance Board Nepal) instructed insurance companies to increase their paid-up capital, almost all the insurance companies opted for merger with each other to meet the paid-up capital requirement.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surya Life Insurance and Jyoti Life Insurance have started joint operations of their business for the first week of this month. Gurans Life Insurance, Prime Life Insurance and Union Life Insurance have also agreed to merge with each other. Sanima Life Insurance is merging with Reliance Life Insurance. Prabhu Life Insurance and Mahalaxmi Life Insurance have also agreed to merge with each other.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Insurance companies show their bonus rates to their customers (insured) when selling insurance policies. Insurers decide to purchase insurance policy of a company depending on the bonus rate, after weighing beneficial option.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">As the process of merger intensifies, insurance companies will now have to compete with each other on bonus rate. At present, the insured are eager to learn about the bonus rate when two or more companies get merged.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">To determine the bonus rate, an insurance company must first submit the valuation of its asset and liabilities of each fiscal year. However, this seems to be happening very slowly. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Nirmal Adhikari, information officer of Nepal Insurance Authority, said that the valuation process has been disrupted due to Covid-19. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“It got a little late when Covid got stuck the world for a year and a half. Slowly everything will become normal," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">After reviewing the details submitted by the insurance companies, the authority approves the bonus rate. According to the information officer of the authority, after the merger, they have to complete all the procedures as per the previous provisions and the bonus is determined in the same way.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">When insurance companies merge with each other, they maintain their swap ratio. According to Information Officer Adhikari, the bonus rate before the merger does not make sense for the new merged entity.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that the combined bonus rate will be determined only in the next year after the merger.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-10', 'keywords' => '', 'description' => '', 'sortorder' => '16427', 'image' => '20230108024951_Insurance.jpg', 'article_date' => '2023-01-08 14:49:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16685', 'article_category_id' => '266', 'title' => 'Clive Christian Launches Limited Edition Perfumes', 'sub_title' => '', 'summary' => 'January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: Clive Christian, a luxury British perfume house, has crafted a new limited edition perfumes to celebrate the company’s unique heritage in perfumery spanning through the decades into Victorian England.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, the company said it has launched the Timeless and Contemporary editions of perfume with the finest ingredients. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Celebrating the hallmarks of both Clive Christian and The Crown Perfumery Company to create the finest perfumes in the world these new fragrances celebrate: creativity, craftsmanship, concentration, complexity and a dedication to using only the finest ingredients,” reads the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The statement added that the bottles are in the signature green of the Crown Perfumery Company with an ornate silver decoration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Every bottle of Clive Christian is topped with the crown of Queen Victoria, patron of the</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Crown Perfumery Company, added the statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Timeless and Contemporary express not only the brand’s heritage but also celebrate its prestigious status as a leading perfume house, loved globally for creating the world’s finest perfumes, the company claimed</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Reminiscent of a prestigious perfume past spanning 150 years, the company claimed that these perfumes are an ode to the art of true perfumery: a strand of history from the past reaching into the future.</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16426', 'image' => '20230108023524_clive.jpg', 'article_date' => '2023-01-08 14:34:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16684', 'article_category_id' => '1', 'title' => 'Street Vendors to Organize Mass Protest against KMC’s Highhandedness', 'sub_title' => '', 'summary' => 'January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">January 8: The street vendors of Nepal are preparing to organize a mass protest across Kathmandu on Monday against the Kathmandu Metropolitan City (KMC)’s “clean-up” operation that has threatened their livelihood.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Nepal Union of Street Traders (NEST) said they are against Mayor Balendra Shah’s move to remove the street vendors without making an alternative arrangements for them.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement on Saturday, the union said that the street vendors of Kathmandu will be organizing the mass protest on January 9 seeking access to public space and their right to work.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the statement, it will be mobilizing its members across Kathmandu for a mass protest to push back against the evictions and harassment affecting 34,000 street vendors in the city who have been suffering for months from a “clean-up” operation by Mayor Balendra Shah.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The global alliance of street vendors, StreetNet International, has also supported the move of NEST, urging workers’ organizations across the world to stand in solidarity with NEST and defend their right to work and their right to the city.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">StreetNet International in a statement said that the KMC has adopted discriminatory urban policies against the working poor.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> The international organization noted that street vendors in Kathmandu have been banned from their usual places of business and are unable to work for months. This has resulted in loss of incomes and livelihoods, StreetNet International said.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The statement further said that Human Rights Watch has documented the assault on the rights of the urban poor taking place in Kathmandu, which is threatening up to 34,000 vendors in the city, many of whom are women who have no other alternative source of income or employment.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The main objective of the protest is to demand the authorities to respect the right to work freely and to occupy public spaces as citizens.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16425', 'image' => '20230108115430_20151216012947_STRAWBERRY_DSC0544.jpg', 'article_date' => '2023-01-08 11:53:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16683', 'article_category_id' => '1', 'title' => 'Detail study of Kathmandu-Keung Railway Begins ', 'sub_title' => '', 'summary' => 'January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The detailed feasibility study of the Kathmandu-Kerung Railway, which was stalled due to the Covid-19 pandemic, has resumed after a six-member team of experts arrived from China two weeks ago to conduct the study.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Department or Railways of Nepal confirmed that the study kicked off after the arrival of the Chinese team.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study of the railway that connects Kathmandu with Tibetan Autonomous Region (TAR) of China was conducted in November 2018 and an agreement for carrying out the feasibility study was reached during the visit of Chinese President Xi Jinping to Nepal from October 12 to 13 in 2019. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the agreement reached in 2019, the Chinese team has arrived in Nepal to conduct the feasibility study, said Rohit Kumar Bisural, director general of the Department of Railways.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The study is being carried out with the support of the Chinese government as per the agreement reached between Nepal and China. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the DoR, it will take three and half years for the study of the Kathmandu-Kerung railway. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The pre-feasibility study report has incorporated geographical study from Kathmandu-Kerung via Trishuli, topographical features, among others. A detailed study is going to be held based on the preliminary study report. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The new detailed study will also finalize the issue of investment. As 98 percent of the railway will be based on tunnel system, it will be a uphill battle for Nepal to secure financial resources as the cost will be high for the underground infrastructures.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">However, this study is being conducted with the grant assistance of the Chinese government.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the pre-feasibility report, the cost of the project was estimated to be around Rs 257 billion. Based on the report, the Department of Railways has estimated that it will be able to complete the project in nine years if the government allocated an annual budget of Rs 28.55 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As per the preliminary study, the railway will be of 72.25 kilometers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The DoR stated that the railway line will originate from Kerung and connect Kathmandu via Rasuwagadhi. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"The study of the railway will be carried out in such a way that the railway track will bifurcate towards Nepal from the railway track going towards Mansarovar of Tibet from a lake above Kerung," said Director General Bisural. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">As the railway will be built on high mountainous region, this project will be challenging but not impossible, states the preliminary report.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16424', 'image' => '20230108114328_20181211034350_ac1b5a6d8f54a5755cd2e902d0a3bab7.jpg', 'article_date' => '2023-01-08 11:42:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16682', 'article_category_id' => '1', 'title' => 'National Agriculture Census in Final Stage ', 'sub_title' => 'Central Bureau of Statistics Preparing to Publish the Results of the Census on February 12', 'summary' => 'January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 8: The Central Bureau of Statistics (CBS) is preparing to publish the results of 7th National Agriculture Census on February 12. According to the bureau, the census held from April 19 to June 2 is currently in the final stage.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Data processing and publication are almost over,” the CBS said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CBS had carried assessment of the situation of various crops produced in the country, irrigation, use of agricultural materials, collection of details on lands used for farming, and the number of livestock and fowls under the census which is held every ten years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The First National Agriculture Census was held in Nepal in 1961/62 AD.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The latest census covered areas of all 753 local units (rural municipalities and municipalities) of 77 districts. The enumerators deployed in the census visited 350,000 farmers in all 753 local units to collect the details of agricultural activities.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CSB, the enumerators collected details of farmers, workers employed, lands used, irrigation facility, crops and fruits planted, the availability of seeds and fertilizers, the number of livestock, buildings and structures used, ponds used for fishery, apiary, silkworm farming, loans for farmers, insurance and subsidies, the impact on agriculture, natural disasters, the availability of food for farmers and other economic activities related to farmers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Data on subsistence, commercial and institutional farming was also collected.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the CBS, a scientific method was employed to conduct the census. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Experts believe that this census will help carry out a study on the impact and contribution of agriculture to the national production. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This will also help formulate plans, monitor and evaluate agricultural produce at all three tiers of government, said sources.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16423', 'image' => '20230108105055_BhabinKarki_Kimathanka_RSS_26_____________(1).JPG', 'article_date' => '2023-01-08 10:49:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16681', 'article_category_id' => '268', 'title' => 'Potato Import Plummets by 30,400 Metric Tons ', 'sub_title' => '', 'summary' => 'Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.', 'content' => '<p><br /> <span style="font-size:16px">January 8: Import of potato, a staple vegetable in Nepali kitchen, has decreased by 30,400 metric tons. In the current fiscal year, the country imported potatoes worth Rs 723 million less than last year.</span></p> <p><span style="font-size:16px">According to the data at the Department of Customs, import of potatoes slumped in the first five months of the current fiscal year compared to the same period last year.</span></p> <p><span style="font-size:16px">In the last few years, domestic potato production has risen, causing the import to slump. <br /> According to the data at the department, Nepal had imported 218,305 metric tons of potatoes worth 5.52 billion rupees from different countries in the first five months of fiscal year 2078/2079. </span></p> <p><span style="font-size:16px">As many as 187,858 metric tons of potatoes worth Rs 4.80 billion were imported during the same period in the current fiscal year.Statistics at the department show that potato import has been falling continuously in the recent years in Nepal. </span></p> <p><span style="font-size:16px"> In the fiscal year 2076/77, 341,914 tons of potatoes worth Rs 8.77 billion were imported, while 339,622 tons of potato worth Rs 8.49 billion were imported in the fiscal year of 2077/78.</span></p> <p><span style="font-size:16px">Basudev Kafle, Head of National Center for Potato, Vegetable and Spice Crops Development attributed rise in the domestic potation production to the drop in the potato import. </span></p> <p><span style="font-size:16px">According to Kafle, 166 pocket areas have been established for potato farming and 200 farmers’ groups have been involved under the Prime Minister Agriculture Modernization Programme across the country.</span></p> <p><span style="font-size:16px">With involvement of farmers, food potato and seed potato promotion programmes have been implemented. <br /> As a result, farmers have received quality seed, contributing to the rise of potato production.</span></p> <p><span style="font-size:16px">In the current fiscal year, a budget of Rs 147.8 million has been allocated to 97 local levels for food potato promotion and Rs 33.34 million to 22 local levels for seed potato promotion program.</span></p> <p><span style="font-size:16px">Data at the center shows that the annual production of potatoes is increasing in recent years. <br /> In the fiscal year 2075/76, potato was cultivated in 193,200 hectares of land in Nepal. Country had produced 28,51,800 metric tons in the fiscal year. </span></p> <p><span style="font-size:16px">In the fiscal year 2076/77, potato was grown in 195,100 hectares of the land. The potato production increased to 31,12,900 metric tons of potatoes. Similarly, in the fiscal year 2077/78, as many as 3,325,000 metric tons of potatoes were produced in 198,000 hectares of land.</span></p> <p><span style="font-size:16px">Domestic potato production meets around 90 percent of total potato demand in the country. However, experts say that large quantities of potatoes are imported for industrial raw materials. </span></p> <p><span style="font-size:16px">National center for Potato, Vegetable and Spice Crop Development Nigale’s Head Bijaya Kumar Giri says that import of 10 percent potato is enough to meet demand for consumption. </span></p> <p><span style="font-size:16px">“Potatoes are being imported in large quantities for chips, French fries and other products,”, added Giri. <br /> Until a few years ago, low-yielding potato seeds, such as, Cardinal, Kufri Sinduri, Kufri Jyoti would be distributed to the farmers. </span></p> <p><span style="font-size:16px">However, varieties of high-yielding seeds, such as, Janakdev, Khumal Lakshmi, Khumal Vikas are provided to the farmers for potation cultivation these days, leading the potato production to rise. These seeds are less vulnerable to disease and pests, which also supports the growth of potato produce. </span></p> ', 'published' => true, 'created' => '2023-01-08', 'modified' => '2023-01-08', 'keywords' => '', 'description' => '', 'sortorder' => '16422', 'image' => '20230108065429_collage (23).jpg', 'article_date' => '2023-01-08 06:47:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '16679', 'article_category_id' => '1', 'title' => 'Labour Permits to be Issued from All Seven Provinces from Jan 8', 'sub_title' => '', 'summary' => 'January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: The Ministry of Labour, Employment and Social Security has decided to issue the institutional and individual labour permits from all seven provinces starting from this Sunday (January 8). Prior to this, the ministry had been providing labour permits only from Kathmandu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From now on, the labour permits would also be issued from the labour and employment offices at Biratnagar and Janakpur from coming Sunday, the ministry stated. The employment offices at Biratnagar and Janakpur had been only renewing the labour permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Secretary at the Ministry Ek Narayan Aryal confirmed that the employment offices at Janakpur and Biratnagar will also be issuing the institutional and individual labour permits from January 8. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the foreign employment offices at Pokhara and Butwal have been providing all three types of services, including issuing institutional and individual labour permits and their renewal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Renewal of labour permits and issuance of individual labour permits have been started from the labour and employment offices at Surkhet and Kailali as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With this, provision has been made for issuing all types of labour permit from the labour and employment offices in all seven provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The ministry stated through a press release that arrangements have been made for accessing all types of labour permits online without the service-seekers having to be present in person at the labour office. The problem of having to face various hassles has been removed, added the statement. -- RSS </span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16421', 'image' => '20230107123244_foreign emp.jpg', 'article_date' => '2023-01-07 12:31:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16680', 'article_category_id' => '1', 'title' => 'World Food Prices Hit Record High in 2022', 'sub_title' => '', 'summary' => 'January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 7: World food prices hit the highest level on record for the full year in 2022 although the prices fell for a ninth month in a row in December, UN data released on Friday showed.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Food and Agricultural Organisation (FAO) of the United Nations, food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and cooking oil to the world.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But prices have dropped since then, with more relief brought by a deal brokered by Turkey and the United Nations in July that lifted a Russian naval blockade on Ukrainian grain exports, the AFP reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The FAO said Friday its price index, which tracks the monthly change in international prices of a basket of food commodities, fell to 132.4 points in December, a 1.9 percent drop from November. It was also one percent lower than in December 2021. But the index was 14.3 percent higher overall in 2022 compared to the previous year as it reached an all-time high of 143.7 points, AFP added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Calmer food commodity prices are welcome after two very volatile years," AFP quoted FAO chief economist Maximo Torero as saying in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It is important to remain vigilant and keep a strong focus on mitigating global food insecurity given that world food prices remain at elevated levels," he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Torero said many staples are near record highs, with prices of rice rising and "still many risks associated with future supplies".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">World prices of maize were 24.8 percent higher on average in 2022 than in 2021, according to the FAO. Wheat was 15.6 percent more expensive.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">But maize prices fell in December, mostly due to "strong competition" from Brazil, the FAO statement added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Wheat was also down for the month "as ongoing harvests in the southern hemisphere boosted supplies and competition among exporters remained strong".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the FAO's vegetable oil price index reached a new record high in 2022 but fell 6.7 percent month-on-month in December to its lowest level since February 2021.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Dairy and meat prices hit their highest levels since 1990, the agency said. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In the context of Nepal, the year-on-year consumer price inflation increased to 8.08 percent in mid-November 2022 compared to 6.04 percent a year ago, according to the latest report of Nepal Rastra Bank.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the review period, food and beverage inflation in Nepal stood at 7.38 percent whereas non-food and service inflation rose to 8.63 percent.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Under the food and beverage category, y-o-y price index of restaurant and hotel sub-category increased 15.97 percent, tobacco products 11.81 percent, milk products and eggs 9.33 percent, cereal grains and their products 9.19 and alcoholic drinks 8.84 percent, states the Current Macroeconomic and Financial Situation Report of NRB.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16420', 'image' => '20230107124109_wheatttttt.jpg', 'article_date' => '2023-01-07 12:40:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16678', 'article_category_id' => '1', 'title' => 'BFIs Collect over Rs 530 Billion in Deposits in Six Months ', 'sub_title' => '', 'summary' => 'January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The figure was around Rs 520 billion until December 15. Of the deposits, commercial banks alone collected Rs 467.5 billion, according to the data published by the Nepal Rastra Bank (NRB). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As of January 4, BFIs have loaned out Rs 476.7 billion. During this period, BFIs' average CD Ratio remained at 86.56 percent, while inter-bank loan rate has decreased to 6.83 percent.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-01-07', 'modified' => '2023-01-07', 'keywords' => '', 'description' => '', 'sortorder' => '16419', 'image' => '20230107122715_Banks.jpg', 'article_date' => '2023-01-07 12:26:30', '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
