NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini…
NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini…
February 10: The Tamang community is celebrating Sonam Lhosar or the New Year by organizing various programs today, February…
February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on…
February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating…
February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and…
Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based Auto cataract surgical…
February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on…
February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the…
February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to…
February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line.…
February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre…
The government has abolished the Central Philatelic and Postal Stamps Management…
February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on…
February 8: Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily…
The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week,…
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', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 10: The Tamang community celebrated Sonam Lhosar or the New Year by organizing various programs on Saturday, February 10. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Manjushree calendar, the 2860th year starts from February 10 this year . From that day begins the year of the tiger after completion of the year of the cow. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is celebrated every year on first day of the bright half of the moon in the Nepali month of Magh with various programs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is divided into 12 categories: rat, cow, tiger, rabbit, dragon (cloud), snake, horse, sheep, monkey, bird, dog and pig. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The festival is specially celebrated in different districts of Bagmati Province where Tamang community is predominant. The government has announced a public holiday across the country on the occasion of the festival. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-10', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19945', 'image' => '20240210010650_20230122125214_sonam.jpg', 'article_date' => '2024-02-10 13:06:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '20217', 'article_category_id' => '1', 'title' => '32 Percent of Businesses Operate without Registration in Nepal: Survey', 'sub_title' => '', 'summary' => 'February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey states that 68 percent of the wholesale and retail business establishments are registered with government agencies. However, about 32 percent of establishments are found to be operating without registration.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows 1.130 million people are involved in wholesale and retail trade sector. Of them, 36 percent (403,964) are women and 64 percent (726,681) are men. The first distributive trade survey was conducted in 2008. This is the second survey after 14 years gap, according to the NSO.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows Madhesh Province has the largest number of businesses in operation that are not registered with any government agencies while Bagmati Province has the largest number of businesses registered with government agencies.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Retail trade boasts the highest level of female engagement compared to wholesale trade and motor trade and repair. According to the survey, 38.40 percent of individuals involved in retail trade are women. Conversely, women's participation in wholesale trade and motor trade and repair stands at only 19.06 percent and 10.94 percent, respectively.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The highest percentage of women engaged in distributive trade was in Karnali followed by Gandaki and Koshi provinces and lowest in Madhesh.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Only 26 percent of the trade establishment are owned by women</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The Nepal Distributive Trade Survey shows only 26 percent of the trade establishment are owned by women. The retail trade is where the women ownership is higher than other two trade establishments. Women own 27 percent of the retail trade establishments, according to the survey.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Among the provinces, Gandaki Province has the highest number of women-owned trade establishments. The survey shows 35.1 percent of trade establishments in the province are owned by women.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19944', 'image' => '20240209100809_20230602015920_Handicraf.jpg', 'article_date' => '2024-02-09 22:07:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '20216', 'article_category_id' => '1', 'title' => 'Upcoming Budget will Focus on Increasing Production and Creating Jobs: PM Dahal ', 'sub_title' => '', 'summary' => 'February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the 8th Nuwakot Festival on Friday, PM Dahal clarified that the government will prepare the budget taking into consideration the prospects of increasing agricultural production. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the process to bring about 'significant' changes in the national budget system had been initiated, PM Dahal assured that the traditional budget system would be overhauled. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government at present was soliciting suggestions from all sectors on the government's policies, programmes and budget. He assured that the upcoming budget would transform the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The PM vowed government's support in the development of arts and culture, religious and historical places, agricultural and tourism sectors. He pledged to pay attention to reconstruction of the quake-damaged Nuwakot Palace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On a different note, the head of the government said, "The country's economy is slowly picking up rhythm. Economic indicators are also positive. The foreign currency reserves and arrival of tourists have increased. These factors have helped bring the national economy back on track. The revenue collection has also surged lately." -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19943', 'image' => '20240209073213_20230714023452_1683767264.jpg', 'article_date' => '2024-02-09 19:31:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '20215', 'article_category_id' => '1', 'title' => '105 Projects Recommended for Investment Summit', 'sub_title' => '', 'summary' => 'February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29. The government has prepared a list of different projects to present them in the upcoming summit. Some of them are new projects whole some projects can be initiated immediately.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, the much-hyped Nijgad International Airport is not included in the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has started preparation for the investment summit at the time when it reaffirmed its stance to construct the Nijgad International Airport. However, this airport is not in the list of the government for the upcoming summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">There are currently three international airports in Nepal. Apart from Tribhuvan International Airport, there are no international flights taking place from Bhairahawa-based Gautam Buddha International Airport and Pokhara Regional International Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has announced that the operation of these airports and the construction of Nijgarh Airport will be done on a Public-Private Partnership (PPP) model. Businessmen from neighboring countries have shown intererst in the construction and operation of the new airport. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Although the Nijgad International Airport was expected to be among the projects to be showcased during the Third Investment Summit, it did not fall among the 105 projects in government’s list.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has formed a technical committee to select the projects to be presented at the investment summit. Officials of the Investment Board are hopeful that Nijgad International Airport may be shortlisted for the upcoming summit as government is yet to finalize the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary and Spokesperson of Investment Board Nepal, Pradyumna Prasad Upadhyay, said that the selected projects are not final and Nijgad Airport may also be added in the future. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> Mukunda Prasad Niraula, Secretary of the Ministry of Industry, Commerce and Supply, who is also the coordinator of the technical committee for the selection of the projects to be presented at the conference, informed that the list of 105 projects has been received so far for the investment summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to him, the list includes some projects whose detailed project reports (DPR) have been prepared while there are also projects without DPR and some whose environmental impact assessments have already been done. Some projects in the list are currently under construction. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">A meeting of the Third Investment Summit Implementation Committee held on Thursday pledged to amend a number of laws related to facilitating investment in the country. A task force formed to amend the laws has recommended amending about a dozen laws to bring legal and policy reforms to attract investment.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19942', 'image' => '20240209033516_20240130024837_investment.jpg', 'article_date' => '2024-02-09 15:33:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '20214', 'article_category_id' => '1', 'title' => 'Lumbini Bikas Bank Provides Financial Aid to Lumbini Eye Hospital', 'sub_title' => '', 'summary' => 'Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based Auto cataract surgical equipment'.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 9: Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based auto cataract surgical equipment'. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The bank has supported with a sum of Rs 1,736,000 for the purchase of the said equipment. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">In the bank’s chairman Chintamani Bhattarai handed over the bank check to Sagar Pratap Rana, the chairman of the hospital management committee.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Chairman Bhattarai stated that it was a matter of pride for the bank to support the hospital in purchasing the surgical equipment, as it would directly assist the patients receiving treatment at the hospital.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Expressing gratitude for the support provided by the bank, Chairman Rana anticipated the cooperation in the future as well. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19941', 'image' => '20240209033314_collage (29).jpg', 'article_date' => '2024-02-09 15:31:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '20213', 'article_category_id' => '1', 'title' => 'World Sees First 12 Months Above 1.5 C Warming Level', 'sub_title' => '', 'summary' => 'February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record, Europe's climate monitor said Thursday, in what scientists called a "warning to humanity". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Storms, drought and fire have lashed the planet as climate change, supercharged by the naturally-occurring El Nino phenomenon, stoked record warming in 2023, making it likely the hottest in 100,000 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The extremes have continued into 2024, Copernicus Climate Change Service (C3S) service said, confirming that February 2023 to January 2024 saw warming of 1.52 degrees Celsius above the 19th century benchmark. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">That is a grave foretaste of the Paris climate deal's crucial 1.5C warming threshold, but it does not signal a permanent breach of the limit, which is measured over decades, scientists said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"We are touching 1.5C and we see the cost, the social costs and economic costs," said Johan Rockstrom, of the Potsdam Institute for Climate Impact Research. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"1.5 is a very big number and it hurts us really badly in terms of heat waves, droughts, floods, reinforced storms, water scarcity across the entire world. That is what 2023 has taught us." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Recent months have seen an onslaught of extremes across the planet, including devastating drought gripping the Amazon basin, sweltering winter temperatures in parts of southern Europe, deadly wildfires in South America and record rainfall in California. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"It is clearly a warning to humanity that we are moving faster than expected towards the agreed upon 1.5C limit that we signed," Rockstrom told AFP, adding that temperatures will likely fall back somewhat after the El Nino comes to an end. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said last month was the hottest January on record -- the eighth month in a row of historic high monthly temperatures -- with temperatures 1.66C warmer overall than an estimate of the January average for 1850-1900, the pre-industrial reference period. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"2024 starts with another record-breaking month -- not only is it the warmest January on record but we have also just experienced a 12-month period of more than 1.5C above the pre-industrial reference period," said Samantha Burgess, C3S Deputy Director. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Planet-heating emissions, mainly from the burning of fossil fuels, have continued to rise in recent years, when scientists say they need to fall by almost half this decade and the UN's IPCC climate panel has warned that the world will likely crash through 1.5C in the early 2030s. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"The succession of very hot years is bad news for both nature and people who are feeling the impacts of these extreme years," Joeri Rogelj, professor of climate science and policy at Imperial College London, told AFP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"Unless global emissions are urgently brought down to zero, the world will soon fly past the safety limits set out in the Paris climate agreement." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">- 'Off the charts' - </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said January temperatures were well above average in north-western Africa, the Middle East and central Asia, as well as eastern Canada and southern Europe. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">But they were below average in parts of northern Europe, western Canada and the central region of the United States. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">And while parts of the world experienced an unusually wet January, swathes of North America, the Horn of Africa and the Arabian Peninsula saw drier conditions. In Chile, which has struggled with a brutal summer heatwave and drought, the dry conditions have helped stoke wildfires, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Those conditions have continued into February, with fires that started on Friday whipping into a deadly inferno that tore through neighbourhoods in the coastal Valparaiso region over the weekend leaving more than 130 people dead. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The El Nino, which warms the sea surface in the southern Pacific leading to hotter weather globally, has begun to weaken in the equatorial Pacific, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Meanwhile, sea surface temperatures have continued to smash records.Rockstrom said 2023 "is a year where ocean dynamics have simply gone berserk, it's off the charts". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Oceans cover 70 percent of the planet and have kept the Earth's surface liveable by absorbing 90 percent of the excess heat produced by the carbon pollution from human activity since the dawn of the industrial age. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Hotter oceans mean more moisture in the atmosphere, leading to increasingly erratic weather, like fierce winds and powerful rain. – AFP/RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19940', 'image' => '20240209025206_global-warming.jpg', 'article_date' => '2024-02-09 14:50:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '20212', 'article_category_id' => '1', 'title' => 'Government in Favour of Branding Domestic Alcohol, Promoting its Sale', 'sub_title' => '', 'summary' => 'February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Speaking at a discussion on the promotion of domestic liquor held at the Ministry of Industry on Thursday, Minister Rijal said that the government will ‘brand’ domestic liquor. Minister Rijal said that arrangements will be made to promote the sale of domestic alcohol under the small and domestic industries. He also said that the government will determine production standard and quality of domestic alcohol and make arrangements for sales promotion.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal said that the ministry is doing necessary homework to promote the sale of domestic liquor at the national and international level. The ministry has adopted a policy of 'branding' domestic liquor by preparing quality standards. Accordingly, the ministry also presented the guidelines for the sale and promotion of domestic liquor during the discussion program.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Finance Minister Dr Prakash Sharan Mahat and Law Minister Dhanraj Gurung were also present during the discussion. Finance Minister Dr Mahat said that special attention should be paid to the quality and standards of domestic alcohol.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Law Minister Gurung said that there should be laws to clearly define the production and sale of domestic liquor. Chief Minister of Koshi Province Kedar Karki, Chief Minister of Bagmati Province Shalikram Jamkattel, Chief Minister of Gandaki Province Surendraraj Pandey, Chief Minister of Lumbini Province Dilli Bahadur Chaudhary were also present during the discussion. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19939', 'image' => '20240209021216_Untitled.jpg', 'article_date' => '2024-02-09 14:11:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '20211', 'article_category_id' => '1', 'title' => 'Nepal, Australia Sign Trade and Investment Framework Agreement ', 'sub_title' => '', 'summary' => 'February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Foreign Affairs, Nepal's ambassador to Australia Kailash Raj Pokharel and Australia's Assistant Minister for Foreign Affairs Tim Watts signed the Nepal-Australia Trade and Investment Framework (TIFA) on behalf of their respective governments in the presence of Minister Saud and his Australian counterpart Penny Wong. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the signing-in ceremony, both ministers said the moment is significant in terms of taking the friendly relations between the two nations to a new height. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Australia and Nepal are close friends and our relationship is underpinned by deep people to people links- Nepali Australians are our fastest growing migrant community," Watts tweeted after the signing of the agreement. He mentioned that the signing of the TIFA is just another demonstration of strong ties between the two countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, he reminisced his last year's visit to Nepal, adding that he had held talks with the representatives of the Government of Nepal and leaderships from various sectors about opportunities and measures to further deepen mutual relations between Nepal and Australia. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19938', 'image' => '20240209123734_Flag-Pins-Nepal-Australia.jpg', 'article_date' => '2024-02-09 12:36:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '20210', 'article_category_id' => '1', 'title' => 'Test Run of Nilgirikhola-2 Transmission Line Held Successfully ', 'sub_title' => '', 'summary' => 'February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. The project is based at Narchyang, Annapurna Rural Municipality-4 in Myagdi district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The project, developed by Nilgirikhola Hydropower Limited, had carried out the test run of the transmission line from Dobhilna, Annapurna Rural Municipality-4 to Dana, Annapurna Rural Municipality-3 since January 29. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Upendra Gautam, the official representative of Nilgirikhola Hydropower Limited, conformed that the test transmission of the 220 kV transmission line from Dobhilna to Dana was held successfully. The test transmission was carried out with the participation of a technical team from Nepal Electricity Authority (NEA). The electricity produced from this project is fed to the national grid via the Dana sub-station. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the powerhouse of the 42-megawatt-capacity Nilgirikhola First Hydropower project located at Chhotepa has seen around 80 percent work progress. The switch yard has been constructed at the powerhouse premises of both the projects. The estimated cost of the two run-of-the-river type projects is Rs 13 billion. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19937', 'image' => '20240209121332_nilgirii.jpg', 'article_date' => '2024-02-09 12:12:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '20209', 'article_category_id' => '1', 'title' => 'Orange Production Up in Solukhumbu, but Farmers Face Problems in Accessing the Market', 'sub_title' => '', 'summary' => 'February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The district produced 469 metric tonnes more oranges in the current fiscal year 2023-24 compared to the previous fiscal year, 2022-23. Information Officer at the Centre, Kul Bahadur Rai, said orange production in the district last fiscal year was 1,690 metric tonnes, which reached 2,159 metric tonnes in the current fiscal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Orange is grown in 295 hectares land in the district, but this year production could be reaped only from 257 hectares. Rai, the centre's information officer, said the production increased this year with the increase in the number of high-yielding orange trees. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Oranges can be grown in seven out of eight local levels in the district. Cultivation is not possible in Khumbu Pasang Lhamu Rural Municipality because of extreme cold, said Durga Bahadur Tiruwa, chief of the centre. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thulung Dudhkoshi Rural Municipality alone contributes sixty percent of orange production in the district. The Deusa area of this rural municipality is the pocket area for orange farming in the entire district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the orange production has been increasing in the district over the years, farmers complain that they face problems in transporting them to the market.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sangam Rai, a farmer from Deusa who has been involved in commercial farming of oranges, said that a sizable portion of the oranges produced in Deusa go to waste due to lack of market access and transportation facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The market for the oranges produced in the district is confined within the district itself. This means that the orange farmers have only a limited market for their produce.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Ambar Rai, another farmer of Deusa, rued that oranges taken to Salleri, the district headquarters, for sale, does not even sells at Rs 50 per kilogram. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the orange producers have not been able to make profit due to the lack of market and they do not have the facility to take their produce to bigger markets in other districts. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19936', 'image' => '20240209105543_20230129104602_YB_BHOJPUR_SUNTALA.jpg', 'article_date' => '2024-02-09 10:55:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '20208', 'article_category_id' => '1', 'title' => '1,636 Posts of Postal Office Scrapped', 'sub_title' => '', 'summary' => 'The government has abolished the Central Philatelic and Postal Stamps Management Office.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 8: The government has abolished the Central Philatelic and Postal Stamps Management Office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">According to Minister for Communications and Information Technology Rekha Sharma, the meeting of the Council of Ministers decided to establish 'One Municipality, One Post Office', change the organization structure of the post office and abolish 1,636 posts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The meeting also gave in-principle approval to formulate a bill to provide for digital governance commission and approved the Poor Family Identification and Identity Card Distribution (First Amendment) Guidelines, 2080 BS.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif""> The meeting also decided to appoint Dr Parshuram Mishra, a resident of Mahottari, as the chairperson of Ramraja Prasad Singh Academy of Health Sciences Infrastructure Development Committee 2080 BS, said minister Sharma, who is also the spokesperson of the government. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19935', 'image' => '20240209061658_collage (28).jpg', 'article_date' => '2024-02-09 06:15:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '20207', 'article_category_id' => '1', 'title' => 'Nepal Defeats Canada by Seven Runs in First Match of ODI Series ', 'sub_title' => '', 'summary' => 'February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Invited to bat first after losing the toss, Nepal gave a moderate target of 225 runs to Canada, which the visitors fell short to achieve by just seven runs as they were restricted to 217 runs. Canada managed 217 runs losing all wickets in 47.5 overs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nicolas Kirtan scored 68 runs for Canada while Pragat Singh and Harsha Thakar contributed 50 runs and 32 runs, respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">For Nepal's victory, captain Paudel alone took four wickets of Canada while Lalit Rajbanshi took two wickets. With the win, Nepal leads the the One Day International (ODI) Cricket Series against Canada 1-0.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier, Nepal's Kushal Bhurtel contributed the highest 62 runs with nine fours and one six. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is playing a three-match ODI series against Canada ahead of the upcoming ICC Cricket League-2 to be played between Namibia and the Netherlands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The second match between Nepal and Canada is scheduled for February 10. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19934', 'image' => '20240208103802_maxresdefault.jpg', 'article_date' => '2024-02-08 22:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '20206', 'article_category_id' => '1', 'title' => 'Number of Promoter Shares Put Up for Sale Increasing', 'sub_title' => '', 'summary' => 'February 8: Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Times New Roman","serif"">February 8: </span></strong><span style="font-family:"Times New Roman","serif"">Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As per the notices, promoters have announced sale of millions of units of promoter shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the rules of Nepal Rastra Bank, the promoters must first offer shares to other existing promoters. Then the companies issue a 35-day notice. If the promoters are not interested to purchase the promoter shares, then such shares are opened for the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">After the banks and financial institutions started issuing notices of the sale of promoter shares, the general investors have started questioning on social media about the reason behind the dramatic rise in the number of promoters who are willing to sell their shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">A broker said that some people have been selling promoter shares to due to financial crisis. Experts say that investors may have had to sell their promoter shares due to the downturn in the economy, high interest rates, etc.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Compared to the previous year, the return on investment of listed companies is decreasing. The experts also noted that the promoters might have withdrawn their money back due to this reason.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Securities expert advocate Jyoti Dahal said that the promoters may have sold their shares due to the decline in returns. Dahal speculates that some may have sold the shares because they needed money and also to invest elsewhere.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Dahal said that the 35-day notice has been issued because the first priority should be given to other promoters.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Another investor Dambaru Ballabh Ghimire believes that the economic recession is the main reason for the announcement of the sale of the promoter shares. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">"They may have taken loans from many places, or they may need money for household needs," he said. Also, some promoters may have to pay interest and loans. He speculates that the shares may have been sold because of these reasons. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Lately, the non-performing loans of banks are increasing. "Due to this reason, the promoters may have sold their shares, assuming that the return will be low," said Ghimire.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last one week, five listed companies issued a notice of sale of 1.69 million units of promoter shares. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19933', 'image' => '20240208035926_Sale-of-the-Shares-by-Promoters.jpg', 'article_date' => '2024-02-08 15:58:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '20205', 'article_category_id' => '1', 'title' => 'NEPSE Rises by 5.74 Points, Closing at 2096.38', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 8: The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today’s trading session, a total of 317 scrips were traded on the NEPSE through 67,273 transactions. As many as 9,171,710 shares changed hands, resulting in a total turnover amount of Rs 3.21 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Himalayan Reinsurance Limited (HRL) led the turnover amount with transactions of Rs 18 crores, closing at a market price of 689 per share.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Samaj Laghubitta Bittiya Sanstha (SAMAJ) gained 10% and hit the positive circuit for the day. Conversely, Siddhartha Growth Scheme 3 (SIGS3) lost the highest percentage, 9.97%, closing at a market price of Rs 8.49.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, nine sectors closed in the green territory, while the remaining landed in the red zone.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> The Hydropower Index saw the highest gain at 1.44%, while the Investment Index gained the least at 0.09%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the contrary, the Mutual Fund Index lost the highest percentage, 1%, while the Banking Index witnessed the lowest loss of 0.04%.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19932', 'image' => '20240208034831_collage (6).jpg', 'article_date' => '2024-02-08 15:44:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '20219', 'article_category_id' => '1', 'title' => 'NIC Asia Laghubitta Conducts Financial Literacy Programme', 'sub_title' => '', 'summary' => 'NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini Province.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 11: NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini Province. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">NIC Asia Laghubitta conducted financial literacy programs through its branches in Bethari, Padsari, Sisahaniya, Okharkot, Thakurdwara, Bansgadhi, and Sulichaur.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">At the literacy programme, analysis of daily income and expenses, knowledge related to financial services, the necessity of savings for the future, ways to save, proper utilization of loans, and business management were discussed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Participants were provided with specialized knowledge on how to utilize loans properly, what kind of business to start with the loan, how to increase income, increase savings, and reduce expenses. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">More than 350 people participated in the programme.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-11', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19946', 'image' => '20240211065506_collage (30).jpg', 'article_date' => '2024-02-11 06:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '20218', 'article_category_id' => '1', 'title' => 'Sonam Lhosar Observed ', 'sub_title' => '', 'summary' => 'February 10: The Tamang community is celebrating Sonam Lhosar or the New Year by organizing various programs today, February 10. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 10: The Tamang community celebrated Sonam Lhosar or the New Year by organizing various programs on Saturday, February 10. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Manjushree calendar, the 2860th year starts from February 10 this year . From that day begins the year of the tiger after completion of the year of the cow. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is celebrated every year on first day of the bright half of the moon in the Nepali month of Magh with various programs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is divided into 12 categories: rat, cow, tiger, rabbit, dragon (cloud), snake, horse, sheep, monkey, bird, dog and pig. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The festival is specially celebrated in different districts of Bagmati Province where Tamang community is predominant. The government has announced a public holiday across the country on the occasion of the festival. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-10', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19945', 'image' => '20240210010650_20230122125214_sonam.jpg', 'article_date' => '2024-02-10 13:06:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '20217', 'article_category_id' => '1', 'title' => '32 Percent of Businesses Operate without Registration in Nepal: Survey', 'sub_title' => '', 'summary' => 'February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey states that 68 percent of the wholesale and retail business establishments are registered with government agencies. However, about 32 percent of establishments are found to be operating without registration.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows 1.130 million people are involved in wholesale and retail trade sector. Of them, 36 percent (403,964) are women and 64 percent (726,681) are men. The first distributive trade survey was conducted in 2008. This is the second survey after 14 years gap, according to the NSO.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows Madhesh Province has the largest number of businesses in operation that are not registered with any government agencies while Bagmati Province has the largest number of businesses registered with government agencies.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Retail trade boasts the highest level of female engagement compared to wholesale trade and motor trade and repair. According to the survey, 38.40 percent of individuals involved in retail trade are women. Conversely, women's participation in wholesale trade and motor trade and repair stands at only 19.06 percent and 10.94 percent, respectively.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The highest percentage of women engaged in distributive trade was in Karnali followed by Gandaki and Koshi provinces and lowest in Madhesh.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Only 26 percent of the trade establishment are owned by women</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The Nepal Distributive Trade Survey shows only 26 percent of the trade establishment are owned by women. The retail trade is where the women ownership is higher than other two trade establishments. Women own 27 percent of the retail trade establishments, according to the survey.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Among the provinces, Gandaki Province has the highest number of women-owned trade establishments. The survey shows 35.1 percent of trade establishments in the province are owned by women.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19944', 'image' => '20240209100809_20230602015920_Handicraf.jpg', 'article_date' => '2024-02-09 22:07:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '20216', 'article_category_id' => '1', 'title' => 'Upcoming Budget will Focus on Increasing Production and Creating Jobs: PM Dahal ', 'sub_title' => '', 'summary' => 'February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the 8th Nuwakot Festival on Friday, PM Dahal clarified that the government will prepare the budget taking into consideration the prospects of increasing agricultural production. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the process to bring about 'significant' changes in the national budget system had been initiated, PM Dahal assured that the traditional budget system would be overhauled. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government at present was soliciting suggestions from all sectors on the government's policies, programmes and budget. He assured that the upcoming budget would transform the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The PM vowed government's support in the development of arts and culture, religious and historical places, agricultural and tourism sectors. He pledged to pay attention to reconstruction of the quake-damaged Nuwakot Palace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On a different note, the head of the government said, "The country's economy is slowly picking up rhythm. Economic indicators are also positive. The foreign currency reserves and arrival of tourists have increased. These factors have helped bring the national economy back on track. The revenue collection has also surged lately." -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19943', 'image' => '20240209073213_20230714023452_1683767264.jpg', 'article_date' => '2024-02-09 19:31:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '20215', 'article_category_id' => '1', 'title' => '105 Projects Recommended for Investment Summit', 'sub_title' => '', 'summary' => 'February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29. The government has prepared a list of different projects to present them in the upcoming summit. Some of them are new projects whole some projects can be initiated immediately.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, the much-hyped Nijgad International Airport is not included in the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has started preparation for the investment summit at the time when it reaffirmed its stance to construct the Nijgad International Airport. However, this airport is not in the list of the government for the upcoming summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">There are currently three international airports in Nepal. Apart from Tribhuvan International Airport, there are no international flights taking place from Bhairahawa-based Gautam Buddha International Airport and Pokhara Regional International Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has announced that the operation of these airports and the construction of Nijgarh Airport will be done on a Public-Private Partnership (PPP) model. Businessmen from neighboring countries have shown intererst in the construction and operation of the new airport. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Although the Nijgad International Airport was expected to be among the projects to be showcased during the Third Investment Summit, it did not fall among the 105 projects in government’s list.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has formed a technical committee to select the projects to be presented at the investment summit. Officials of the Investment Board are hopeful that Nijgad International Airport may be shortlisted for the upcoming summit as government is yet to finalize the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary and Spokesperson of Investment Board Nepal, Pradyumna Prasad Upadhyay, said that the selected projects are not final and Nijgad Airport may also be added in the future. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> Mukunda Prasad Niraula, Secretary of the Ministry of Industry, Commerce and Supply, who is also the coordinator of the technical committee for the selection of the projects to be presented at the conference, informed that the list of 105 projects has been received so far for the investment summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to him, the list includes some projects whose detailed project reports (DPR) have been prepared while there are also projects without DPR and some whose environmental impact assessments have already been done. Some projects in the list are currently under construction. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">A meeting of the Third Investment Summit Implementation Committee held on Thursday pledged to amend a number of laws related to facilitating investment in the country. A task force formed to amend the laws has recommended amending about a dozen laws to bring legal and policy reforms to attract investment.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19942', 'image' => '20240209033516_20240130024837_investment.jpg', 'article_date' => '2024-02-09 15:33:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '20214', 'article_category_id' => '1', 'title' => 'Lumbini Bikas Bank Provides Financial Aid to Lumbini Eye Hospital', 'sub_title' => '', 'summary' => 'Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based Auto cataract surgical equipment'.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 9: Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based auto cataract surgical equipment'. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The bank has supported with a sum of Rs 1,736,000 for the purchase of the said equipment. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">In the bank’s chairman Chintamani Bhattarai handed over the bank check to Sagar Pratap Rana, the chairman of the hospital management committee.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Chairman Bhattarai stated that it was a matter of pride for the bank to support the hospital in purchasing the surgical equipment, as it would directly assist the patients receiving treatment at the hospital.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Expressing gratitude for the support provided by the bank, Chairman Rana anticipated the cooperation in the future as well. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19941', 'image' => '20240209033314_collage (29).jpg', 'article_date' => '2024-02-09 15:31:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '20213', 'article_category_id' => '1', 'title' => 'World Sees First 12 Months Above 1.5 C Warming Level', 'sub_title' => '', 'summary' => 'February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record, Europe's climate monitor said Thursday, in what scientists called a "warning to humanity". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Storms, drought and fire have lashed the planet as climate change, supercharged by the naturally-occurring El Nino phenomenon, stoked record warming in 2023, making it likely the hottest in 100,000 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The extremes have continued into 2024, Copernicus Climate Change Service (C3S) service said, confirming that February 2023 to January 2024 saw warming of 1.52 degrees Celsius above the 19th century benchmark. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">That is a grave foretaste of the Paris climate deal's crucial 1.5C warming threshold, but it does not signal a permanent breach of the limit, which is measured over decades, scientists said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"We are touching 1.5C and we see the cost, the social costs and economic costs," said Johan Rockstrom, of the Potsdam Institute for Climate Impact Research. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"1.5 is a very big number and it hurts us really badly in terms of heat waves, droughts, floods, reinforced storms, water scarcity across the entire world. That is what 2023 has taught us." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Recent months have seen an onslaught of extremes across the planet, including devastating drought gripping the Amazon basin, sweltering winter temperatures in parts of southern Europe, deadly wildfires in South America and record rainfall in California. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"It is clearly a warning to humanity that we are moving faster than expected towards the agreed upon 1.5C limit that we signed," Rockstrom told AFP, adding that temperatures will likely fall back somewhat after the El Nino comes to an end. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said last month was the hottest January on record -- the eighth month in a row of historic high monthly temperatures -- with temperatures 1.66C warmer overall than an estimate of the January average for 1850-1900, the pre-industrial reference period. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"2024 starts with another record-breaking month -- not only is it the warmest January on record but we have also just experienced a 12-month period of more than 1.5C above the pre-industrial reference period," said Samantha Burgess, C3S Deputy Director. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Planet-heating emissions, mainly from the burning of fossil fuels, have continued to rise in recent years, when scientists say they need to fall by almost half this decade and the UN's IPCC climate panel has warned that the world will likely crash through 1.5C in the early 2030s. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"The succession of very hot years is bad news for both nature and people who are feeling the impacts of these extreme years," Joeri Rogelj, professor of climate science and policy at Imperial College London, told AFP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"Unless global emissions are urgently brought down to zero, the world will soon fly past the safety limits set out in the Paris climate agreement." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">- 'Off the charts' - </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said January temperatures were well above average in north-western Africa, the Middle East and central Asia, as well as eastern Canada and southern Europe. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">But they were below average in parts of northern Europe, western Canada and the central region of the United States. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">And while parts of the world experienced an unusually wet January, swathes of North America, the Horn of Africa and the Arabian Peninsula saw drier conditions. In Chile, which has struggled with a brutal summer heatwave and drought, the dry conditions have helped stoke wildfires, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Those conditions have continued into February, with fires that started on Friday whipping into a deadly inferno that tore through neighbourhoods in the coastal Valparaiso region over the weekend leaving more than 130 people dead. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The El Nino, which warms the sea surface in the southern Pacific leading to hotter weather globally, has begun to weaken in the equatorial Pacific, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Meanwhile, sea surface temperatures have continued to smash records.Rockstrom said 2023 "is a year where ocean dynamics have simply gone berserk, it's off the charts". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Oceans cover 70 percent of the planet and have kept the Earth's surface liveable by absorbing 90 percent of the excess heat produced by the carbon pollution from human activity since the dawn of the industrial age. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Hotter oceans mean more moisture in the atmosphere, leading to increasingly erratic weather, like fierce winds and powerful rain. – AFP/RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19940', 'image' => '20240209025206_global-warming.jpg', 'article_date' => '2024-02-09 14:50:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '20212', 'article_category_id' => '1', 'title' => 'Government in Favour of Branding Domestic Alcohol, Promoting its Sale', 'sub_title' => '', 'summary' => 'February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Speaking at a discussion on the promotion of domestic liquor held at the Ministry of Industry on Thursday, Minister Rijal said that the government will ‘brand’ domestic liquor. Minister Rijal said that arrangements will be made to promote the sale of domestic alcohol under the small and domestic industries. He also said that the government will determine production standard and quality of domestic alcohol and make arrangements for sales promotion.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal said that the ministry is doing necessary homework to promote the sale of domestic liquor at the national and international level. The ministry has adopted a policy of 'branding' domestic liquor by preparing quality standards. Accordingly, the ministry also presented the guidelines for the sale and promotion of domestic liquor during the discussion program.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Finance Minister Dr Prakash Sharan Mahat and Law Minister Dhanraj Gurung were also present during the discussion. Finance Minister Dr Mahat said that special attention should be paid to the quality and standards of domestic alcohol.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Law Minister Gurung said that there should be laws to clearly define the production and sale of domestic liquor. Chief Minister of Koshi Province Kedar Karki, Chief Minister of Bagmati Province Shalikram Jamkattel, Chief Minister of Gandaki Province Surendraraj Pandey, Chief Minister of Lumbini Province Dilli Bahadur Chaudhary were also present during the discussion. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19939', 'image' => '20240209021216_Untitled.jpg', 'article_date' => '2024-02-09 14:11:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '20211', 'article_category_id' => '1', 'title' => 'Nepal, Australia Sign Trade and Investment Framework Agreement ', 'sub_title' => '', 'summary' => 'February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Foreign Affairs, Nepal's ambassador to Australia Kailash Raj Pokharel and Australia's Assistant Minister for Foreign Affairs Tim Watts signed the Nepal-Australia Trade and Investment Framework (TIFA) on behalf of their respective governments in the presence of Minister Saud and his Australian counterpart Penny Wong. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the signing-in ceremony, both ministers said the moment is significant in terms of taking the friendly relations between the two nations to a new height. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Australia and Nepal are close friends and our relationship is underpinned by deep people to people links- Nepali Australians are our fastest growing migrant community," Watts tweeted after the signing of the agreement. He mentioned that the signing of the TIFA is just another demonstration of strong ties between the two countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, he reminisced his last year's visit to Nepal, adding that he had held talks with the representatives of the Government of Nepal and leaderships from various sectors about opportunities and measures to further deepen mutual relations between Nepal and Australia. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19938', 'image' => '20240209123734_Flag-Pins-Nepal-Australia.jpg', 'article_date' => '2024-02-09 12:36:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '20210', 'article_category_id' => '1', 'title' => 'Test Run of Nilgirikhola-2 Transmission Line Held Successfully ', 'sub_title' => '', 'summary' => 'February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. The project is based at Narchyang, Annapurna Rural Municipality-4 in Myagdi district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The project, developed by Nilgirikhola Hydropower Limited, had carried out the test run of the transmission line from Dobhilna, Annapurna Rural Municipality-4 to Dana, Annapurna Rural Municipality-3 since January 29. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Upendra Gautam, the official representative of Nilgirikhola Hydropower Limited, conformed that the test transmission of the 220 kV transmission line from Dobhilna to Dana was held successfully. The test transmission was carried out with the participation of a technical team from Nepal Electricity Authority (NEA). The electricity produced from this project is fed to the national grid via the Dana sub-station. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the powerhouse of the 42-megawatt-capacity Nilgirikhola First Hydropower project located at Chhotepa has seen around 80 percent work progress. The switch yard has been constructed at the powerhouse premises of both the projects. The estimated cost of the two run-of-the-river type projects is Rs 13 billion. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19937', 'image' => '20240209121332_nilgirii.jpg', 'article_date' => '2024-02-09 12:12:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '20209', 'article_category_id' => '1', 'title' => 'Orange Production Up in Solukhumbu, but Farmers Face Problems in Accessing the Market', 'sub_title' => '', 'summary' => 'February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The district produced 469 metric tonnes more oranges in the current fiscal year 2023-24 compared to the previous fiscal year, 2022-23. Information Officer at the Centre, Kul Bahadur Rai, said orange production in the district last fiscal year was 1,690 metric tonnes, which reached 2,159 metric tonnes in the current fiscal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Orange is grown in 295 hectares land in the district, but this year production could be reaped only from 257 hectares. Rai, the centre's information officer, said the production increased this year with the increase in the number of high-yielding orange trees. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Oranges can be grown in seven out of eight local levels in the district. Cultivation is not possible in Khumbu Pasang Lhamu Rural Municipality because of extreme cold, said Durga Bahadur Tiruwa, chief of the centre. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thulung Dudhkoshi Rural Municipality alone contributes sixty percent of orange production in the district. The Deusa area of this rural municipality is the pocket area for orange farming in the entire district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the orange production has been increasing in the district over the years, farmers complain that they face problems in transporting them to the market.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sangam Rai, a farmer from Deusa who has been involved in commercial farming of oranges, said that a sizable portion of the oranges produced in Deusa go to waste due to lack of market access and transportation facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The market for the oranges produced in the district is confined within the district itself. This means that the orange farmers have only a limited market for their produce.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Ambar Rai, another farmer of Deusa, rued that oranges taken to Salleri, the district headquarters, for sale, does not even sells at Rs 50 per kilogram. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the orange producers have not been able to make profit due to the lack of market and they do not have the facility to take their produce to bigger markets in other districts. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19936', 'image' => '20240209105543_20230129104602_YB_BHOJPUR_SUNTALA.jpg', 'article_date' => '2024-02-09 10:55:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '20208', 'article_category_id' => '1', 'title' => '1,636 Posts of Postal Office Scrapped', 'sub_title' => '', 'summary' => 'The government has abolished the Central Philatelic and Postal Stamps Management Office.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 8: The government has abolished the Central Philatelic and Postal Stamps Management Office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">According to Minister for Communications and Information Technology Rekha Sharma, the meeting of the Council of Ministers decided to establish 'One Municipality, One Post Office', change the organization structure of the post office and abolish 1,636 posts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The meeting also gave in-principle approval to formulate a bill to provide for digital governance commission and approved the Poor Family Identification and Identity Card Distribution (First Amendment) Guidelines, 2080 BS.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif""> The meeting also decided to appoint Dr Parshuram Mishra, a resident of Mahottari, as the chairperson of Ramraja Prasad Singh Academy of Health Sciences Infrastructure Development Committee 2080 BS, said minister Sharma, who is also the spokesperson of the government. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19935', 'image' => '20240209061658_collage (28).jpg', 'article_date' => '2024-02-09 06:15:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '20207', 'article_category_id' => '1', 'title' => 'Nepal Defeats Canada by Seven Runs in First Match of ODI Series ', 'sub_title' => '', 'summary' => 'February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Invited to bat first after losing the toss, Nepal gave a moderate target of 225 runs to Canada, which the visitors fell short to achieve by just seven runs as they were restricted to 217 runs. Canada managed 217 runs losing all wickets in 47.5 overs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nicolas Kirtan scored 68 runs for Canada while Pragat Singh and Harsha Thakar contributed 50 runs and 32 runs, respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">For Nepal's victory, captain Paudel alone took four wickets of Canada while Lalit Rajbanshi took two wickets. With the win, Nepal leads the the One Day International (ODI) Cricket Series against Canada 1-0.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier, Nepal's Kushal Bhurtel contributed the highest 62 runs with nine fours and one six. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is playing a three-match ODI series against Canada ahead of the upcoming ICC Cricket League-2 to be played between Namibia and the Netherlands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The second match between Nepal and Canada is scheduled for February 10. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19934', 'image' => '20240208103802_maxresdefault.jpg', 'article_date' => '2024-02-08 22:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '20206', 'article_category_id' => '1', 'title' => 'Number of Promoter Shares Put Up for Sale Increasing', 'sub_title' => '', 'summary' => 'February 8: Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Times New Roman","serif"">February 8: </span></strong><span style="font-family:"Times New Roman","serif"">Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As per the notices, promoters have announced sale of millions of units of promoter shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the rules of Nepal Rastra Bank, the promoters must first offer shares to other existing promoters. Then the companies issue a 35-day notice. If the promoters are not interested to purchase the promoter shares, then such shares are opened for the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">After the banks and financial institutions started issuing notices of the sale of promoter shares, the general investors have started questioning on social media about the reason behind the dramatic rise in the number of promoters who are willing to sell their shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">A broker said that some people have been selling promoter shares to due to financial crisis. Experts say that investors may have had to sell their promoter shares due to the downturn in the economy, high interest rates, etc.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Compared to the previous year, the return on investment of listed companies is decreasing. The experts also noted that the promoters might have withdrawn their money back due to this reason.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Securities expert advocate Jyoti Dahal said that the promoters may have sold their shares due to the decline in returns. Dahal speculates that some may have sold the shares because they needed money and also to invest elsewhere.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Dahal said that the 35-day notice has been issued because the first priority should be given to other promoters.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Another investor Dambaru Ballabh Ghimire believes that the economic recession is the main reason for the announcement of the sale of the promoter shares. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">"They may have taken loans from many places, or they may need money for household needs," he said. Also, some promoters may have to pay interest and loans. He speculates that the shares may have been sold because of these reasons. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Lately, the non-performing loans of banks are increasing. "Due to this reason, the promoters may have sold their shares, assuming that the return will be low," said Ghimire.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last one week, five listed companies issued a notice of sale of 1.69 million units of promoter shares. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19933', 'image' => '20240208035926_Sale-of-the-Shares-by-Promoters.jpg', 'article_date' => '2024-02-08 15:58:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '20205', 'article_category_id' => '1', 'title' => 'NEPSE Rises by 5.74 Points, Closing at 2096.38', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 8: The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today’s trading session, a total of 317 scrips were traded on the NEPSE through 67,273 transactions. As many as 9,171,710 shares changed hands, resulting in a total turnover amount of Rs 3.21 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Himalayan Reinsurance Limited (HRL) led the turnover amount with transactions of Rs 18 crores, closing at a market price of 689 per share.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Samaj Laghubitta Bittiya Sanstha (SAMAJ) gained 10% and hit the positive circuit for the day. Conversely, Siddhartha Growth Scheme 3 (SIGS3) lost the highest percentage, 9.97%, closing at a market price of Rs 8.49.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, nine sectors closed in the green territory, while the remaining landed in the red zone.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> The Hydropower Index saw the highest gain at 1.44%, while the Investment Index gained the least at 0.09%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the contrary, the Mutual Fund Index lost the highest percentage, 1%, while the Banking Index witnessed the lowest loss of 0.04%.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19932', 'image' => '20240208034831_collage (6).jpg', 'article_date' => '2024-02-08 15:44:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '20219', 'article_category_id' => '1', 'title' => 'NIC Asia Laghubitta Conducts Financial Literacy Programme', 'sub_title' => '', 'summary' => 'NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini Province.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 11: NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini Province. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">NIC Asia Laghubitta conducted financial literacy programs through its branches in Bethari, Padsari, Sisahaniya, Okharkot, Thakurdwara, Bansgadhi, and Sulichaur.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">At the literacy programme, analysis of daily income and expenses, knowledge related to financial services, the necessity of savings for the future, ways to save, proper utilization of loans, and business management were discussed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Participants were provided with specialized knowledge on how to utilize loans properly, what kind of business to start with the loan, how to increase income, increase savings, and reduce expenses. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">More than 350 people participated in the programme.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-11', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19946', 'image' => '20240211065506_collage (30).jpg', 'article_date' => '2024-02-11 06:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '20218', 'article_category_id' => '1', 'title' => 'Sonam Lhosar Observed ', 'sub_title' => '', 'summary' => 'February 10: The Tamang community is celebrating Sonam Lhosar or the New Year by organizing various programs today, February 10. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 10: The Tamang community celebrated Sonam Lhosar or the New Year by organizing various programs on Saturday, February 10. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Manjushree calendar, the 2860th year starts from February 10 this year . From that day begins the year of the tiger after completion of the year of the cow. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is celebrated every year on first day of the bright half of the moon in the Nepali month of Magh with various programs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is divided into 12 categories: rat, cow, tiger, rabbit, dragon (cloud), snake, horse, sheep, monkey, bird, dog and pig. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The festival is specially celebrated in different districts of Bagmati Province where Tamang community is predominant. The government has announced a public holiday across the country on the occasion of the festival. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-10', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19945', 'image' => '20240210010650_20230122125214_sonam.jpg', 'article_date' => '2024-02-10 13:06:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '20217', 'article_category_id' => '1', 'title' => '32 Percent of Businesses Operate without Registration in Nepal: Survey', 'sub_title' => '', 'summary' => 'February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey states that 68 percent of the wholesale and retail business establishments are registered with government agencies. However, about 32 percent of establishments are found to be operating without registration.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows 1.130 million people are involved in wholesale and retail trade sector. Of them, 36 percent (403,964) are women and 64 percent (726,681) are men. The first distributive trade survey was conducted in 2008. This is the second survey after 14 years gap, according to the NSO.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows Madhesh Province has the largest number of businesses in operation that are not registered with any government agencies while Bagmati Province has the largest number of businesses registered with government agencies.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Retail trade boasts the highest level of female engagement compared to wholesale trade and motor trade and repair. According to the survey, 38.40 percent of individuals involved in retail trade are women. Conversely, women's participation in wholesale trade and motor trade and repair stands at only 19.06 percent and 10.94 percent, respectively.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The highest percentage of women engaged in distributive trade was in Karnali followed by Gandaki and Koshi provinces and lowest in Madhesh.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Only 26 percent of the trade establishment are owned by women</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The Nepal Distributive Trade Survey shows only 26 percent of the trade establishment are owned by women. The retail trade is where the women ownership is higher than other two trade establishments. Women own 27 percent of the retail trade establishments, according to the survey.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Among the provinces, Gandaki Province has the highest number of women-owned trade establishments. The survey shows 35.1 percent of trade establishments in the province are owned by women.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19944', 'image' => '20240209100809_20230602015920_Handicraf.jpg', 'article_date' => '2024-02-09 22:07:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '20216', 'article_category_id' => '1', 'title' => 'Upcoming Budget will Focus on Increasing Production and Creating Jobs: PM Dahal ', 'sub_title' => '', 'summary' => 'February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the 8th Nuwakot Festival on Friday, PM Dahal clarified that the government will prepare the budget taking into consideration the prospects of increasing agricultural production. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the process to bring about 'significant' changes in the national budget system had been initiated, PM Dahal assured that the traditional budget system would be overhauled. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government at present was soliciting suggestions from all sectors on the government's policies, programmes and budget. He assured that the upcoming budget would transform the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The PM vowed government's support in the development of arts and culture, religious and historical places, agricultural and tourism sectors. He pledged to pay attention to reconstruction of the quake-damaged Nuwakot Palace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On a different note, the head of the government said, "The country's economy is slowly picking up rhythm. Economic indicators are also positive. The foreign currency reserves and arrival of tourists have increased. These factors have helped bring the national economy back on track. The revenue collection has also surged lately." -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19943', 'image' => '20240209073213_20230714023452_1683767264.jpg', 'article_date' => '2024-02-09 19:31:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '20215', 'article_category_id' => '1', 'title' => '105 Projects Recommended for Investment Summit', 'sub_title' => '', 'summary' => 'February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29. The government has prepared a list of different projects to present them in the upcoming summit. Some of them are new projects whole some projects can be initiated immediately.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, the much-hyped Nijgad International Airport is not included in the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has started preparation for the investment summit at the time when it reaffirmed its stance to construct the Nijgad International Airport. However, this airport is not in the list of the government for the upcoming summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">There are currently three international airports in Nepal. Apart from Tribhuvan International Airport, there are no international flights taking place from Bhairahawa-based Gautam Buddha International Airport and Pokhara Regional International Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has announced that the operation of these airports and the construction of Nijgarh Airport will be done on a Public-Private Partnership (PPP) model. Businessmen from neighboring countries have shown intererst in the construction and operation of the new airport. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Although the Nijgad International Airport was expected to be among the projects to be showcased during the Third Investment Summit, it did not fall among the 105 projects in government’s list.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has formed a technical committee to select the projects to be presented at the investment summit. Officials of the Investment Board are hopeful that Nijgad International Airport may be shortlisted for the upcoming summit as government is yet to finalize the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary and Spokesperson of Investment Board Nepal, Pradyumna Prasad Upadhyay, said that the selected projects are not final and Nijgad Airport may also be added in the future. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> Mukunda Prasad Niraula, Secretary of the Ministry of Industry, Commerce and Supply, who is also the coordinator of the technical committee for the selection of the projects to be presented at the conference, informed that the list of 105 projects has been received so far for the investment summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to him, the list includes some projects whose detailed project reports (DPR) have been prepared while there are also projects without DPR and some whose environmental impact assessments have already been done. Some projects in the list are currently under construction. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">A meeting of the Third Investment Summit Implementation Committee held on Thursday pledged to amend a number of laws related to facilitating investment in the country. A task force formed to amend the laws has recommended amending about a dozen laws to bring legal and policy reforms to attract investment.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19942', 'image' => '20240209033516_20240130024837_investment.jpg', 'article_date' => '2024-02-09 15:33:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '20214', 'article_category_id' => '1', 'title' => 'Lumbini Bikas Bank Provides Financial Aid to Lumbini Eye Hospital', 'sub_title' => '', 'summary' => 'Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based Auto cataract surgical equipment'.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 9: Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based auto cataract surgical equipment'. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The bank has supported with a sum of Rs 1,736,000 for the purchase of the said equipment. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">In the bank’s chairman Chintamani Bhattarai handed over the bank check to Sagar Pratap Rana, the chairman of the hospital management committee.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Chairman Bhattarai stated that it was a matter of pride for the bank to support the hospital in purchasing the surgical equipment, as it would directly assist the patients receiving treatment at the hospital.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Expressing gratitude for the support provided by the bank, Chairman Rana anticipated the cooperation in the future as well. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19941', 'image' => '20240209033314_collage (29).jpg', 'article_date' => '2024-02-09 15:31:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '20213', 'article_category_id' => '1', 'title' => 'World Sees First 12 Months Above 1.5 C Warming Level', 'sub_title' => '', 'summary' => 'February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record, Europe's climate monitor said Thursday, in what scientists called a "warning to humanity". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Storms, drought and fire have lashed the planet as climate change, supercharged by the naturally-occurring El Nino phenomenon, stoked record warming in 2023, making it likely the hottest in 100,000 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The extremes have continued into 2024, Copernicus Climate Change Service (C3S) service said, confirming that February 2023 to January 2024 saw warming of 1.52 degrees Celsius above the 19th century benchmark. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">That is a grave foretaste of the Paris climate deal's crucial 1.5C warming threshold, but it does not signal a permanent breach of the limit, which is measured over decades, scientists said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"We are touching 1.5C and we see the cost, the social costs and economic costs," said Johan Rockstrom, of the Potsdam Institute for Climate Impact Research. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"1.5 is a very big number and it hurts us really badly in terms of heat waves, droughts, floods, reinforced storms, water scarcity across the entire world. That is what 2023 has taught us." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Recent months have seen an onslaught of extremes across the planet, including devastating drought gripping the Amazon basin, sweltering winter temperatures in parts of southern Europe, deadly wildfires in South America and record rainfall in California. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"It is clearly a warning to humanity that we are moving faster than expected towards the agreed upon 1.5C limit that we signed," Rockstrom told AFP, adding that temperatures will likely fall back somewhat after the El Nino comes to an end. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said last month was the hottest January on record -- the eighth month in a row of historic high monthly temperatures -- with temperatures 1.66C warmer overall than an estimate of the January average for 1850-1900, the pre-industrial reference period. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"2024 starts with another record-breaking month -- not only is it the warmest January on record but we have also just experienced a 12-month period of more than 1.5C above the pre-industrial reference period," said Samantha Burgess, C3S Deputy Director. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Planet-heating emissions, mainly from the burning of fossil fuels, have continued to rise in recent years, when scientists say they need to fall by almost half this decade and the UN's IPCC climate panel has warned that the world will likely crash through 1.5C in the early 2030s. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"The succession of very hot years is bad news for both nature and people who are feeling the impacts of these extreme years," Joeri Rogelj, professor of climate science and policy at Imperial College London, told AFP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"Unless global emissions are urgently brought down to zero, the world will soon fly past the safety limits set out in the Paris climate agreement." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">- 'Off the charts' - </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said January temperatures were well above average in north-western Africa, the Middle East and central Asia, as well as eastern Canada and southern Europe. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">But they were below average in parts of northern Europe, western Canada and the central region of the United States. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">And while parts of the world experienced an unusually wet January, swathes of North America, the Horn of Africa and the Arabian Peninsula saw drier conditions. In Chile, which has struggled with a brutal summer heatwave and drought, the dry conditions have helped stoke wildfires, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Those conditions have continued into February, with fires that started on Friday whipping into a deadly inferno that tore through neighbourhoods in the coastal Valparaiso region over the weekend leaving more than 130 people dead. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The El Nino, which warms the sea surface in the southern Pacific leading to hotter weather globally, has begun to weaken in the equatorial Pacific, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Meanwhile, sea surface temperatures have continued to smash records.Rockstrom said 2023 "is a year where ocean dynamics have simply gone berserk, it's off the charts". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Oceans cover 70 percent of the planet and have kept the Earth's surface liveable by absorbing 90 percent of the excess heat produced by the carbon pollution from human activity since the dawn of the industrial age. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Hotter oceans mean more moisture in the atmosphere, leading to increasingly erratic weather, like fierce winds and powerful rain. – AFP/RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19940', 'image' => '20240209025206_global-warming.jpg', 'article_date' => '2024-02-09 14:50:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '20212', 'article_category_id' => '1', 'title' => 'Government in Favour of Branding Domestic Alcohol, Promoting its Sale', 'sub_title' => '', 'summary' => 'February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Speaking at a discussion on the promotion of domestic liquor held at the Ministry of Industry on Thursday, Minister Rijal said that the government will ‘brand’ domestic liquor. Minister Rijal said that arrangements will be made to promote the sale of domestic alcohol under the small and domestic industries. He also said that the government will determine production standard and quality of domestic alcohol and make arrangements for sales promotion.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal said that the ministry is doing necessary homework to promote the sale of domestic liquor at the national and international level. The ministry has adopted a policy of 'branding' domestic liquor by preparing quality standards. Accordingly, the ministry also presented the guidelines for the sale and promotion of domestic liquor during the discussion program.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Finance Minister Dr Prakash Sharan Mahat and Law Minister Dhanraj Gurung were also present during the discussion. Finance Minister Dr Mahat said that special attention should be paid to the quality and standards of domestic alcohol.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Law Minister Gurung said that there should be laws to clearly define the production and sale of domestic liquor. Chief Minister of Koshi Province Kedar Karki, Chief Minister of Bagmati Province Shalikram Jamkattel, Chief Minister of Gandaki Province Surendraraj Pandey, Chief Minister of Lumbini Province Dilli Bahadur Chaudhary were also present during the discussion. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19939', 'image' => '20240209021216_Untitled.jpg', 'article_date' => '2024-02-09 14:11:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '20211', 'article_category_id' => '1', 'title' => 'Nepal, Australia Sign Trade and Investment Framework Agreement ', 'sub_title' => '', 'summary' => 'February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Foreign Affairs, Nepal's ambassador to Australia Kailash Raj Pokharel and Australia's Assistant Minister for Foreign Affairs Tim Watts signed the Nepal-Australia Trade and Investment Framework (TIFA) on behalf of their respective governments in the presence of Minister Saud and his Australian counterpart Penny Wong. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the signing-in ceremony, both ministers said the moment is significant in terms of taking the friendly relations between the two nations to a new height. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Australia and Nepal are close friends and our relationship is underpinned by deep people to people links- Nepali Australians are our fastest growing migrant community," Watts tweeted after the signing of the agreement. He mentioned that the signing of the TIFA is just another demonstration of strong ties between the two countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, he reminisced his last year's visit to Nepal, adding that he had held talks with the representatives of the Government of Nepal and leaderships from various sectors about opportunities and measures to further deepen mutual relations between Nepal and Australia. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19938', 'image' => '20240209123734_Flag-Pins-Nepal-Australia.jpg', 'article_date' => '2024-02-09 12:36:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '20210', 'article_category_id' => '1', 'title' => 'Test Run of Nilgirikhola-2 Transmission Line Held Successfully ', 'sub_title' => '', 'summary' => 'February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. The project is based at Narchyang, Annapurna Rural Municipality-4 in Myagdi district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The project, developed by Nilgirikhola Hydropower Limited, had carried out the test run of the transmission line from Dobhilna, Annapurna Rural Municipality-4 to Dana, Annapurna Rural Municipality-3 since January 29. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Upendra Gautam, the official representative of Nilgirikhola Hydropower Limited, conformed that the test transmission of the 220 kV transmission line from Dobhilna to Dana was held successfully. The test transmission was carried out with the participation of a technical team from Nepal Electricity Authority (NEA). The electricity produced from this project is fed to the national grid via the Dana sub-station. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the powerhouse of the 42-megawatt-capacity Nilgirikhola First Hydropower project located at Chhotepa has seen around 80 percent work progress. The switch yard has been constructed at the powerhouse premises of both the projects. The estimated cost of the two run-of-the-river type projects is Rs 13 billion. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19937', 'image' => '20240209121332_nilgirii.jpg', 'article_date' => '2024-02-09 12:12:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '20209', 'article_category_id' => '1', 'title' => 'Orange Production Up in Solukhumbu, but Farmers Face Problems in Accessing the Market', 'sub_title' => '', 'summary' => 'February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The district produced 469 metric tonnes more oranges in the current fiscal year 2023-24 compared to the previous fiscal year, 2022-23. Information Officer at the Centre, Kul Bahadur Rai, said orange production in the district last fiscal year was 1,690 metric tonnes, which reached 2,159 metric tonnes in the current fiscal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Orange is grown in 295 hectares land in the district, but this year production could be reaped only from 257 hectares. Rai, the centre's information officer, said the production increased this year with the increase in the number of high-yielding orange trees. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Oranges can be grown in seven out of eight local levels in the district. Cultivation is not possible in Khumbu Pasang Lhamu Rural Municipality because of extreme cold, said Durga Bahadur Tiruwa, chief of the centre. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thulung Dudhkoshi Rural Municipality alone contributes sixty percent of orange production in the district. The Deusa area of this rural municipality is the pocket area for orange farming in the entire district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the orange production has been increasing in the district over the years, farmers complain that they face problems in transporting them to the market.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sangam Rai, a farmer from Deusa who has been involved in commercial farming of oranges, said that a sizable portion of the oranges produced in Deusa go to waste due to lack of market access and transportation facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The market for the oranges produced in the district is confined within the district itself. This means that the orange farmers have only a limited market for their produce.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Ambar Rai, another farmer of Deusa, rued that oranges taken to Salleri, the district headquarters, for sale, does not even sells at Rs 50 per kilogram. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the orange producers have not been able to make profit due to the lack of market and they do not have the facility to take their produce to bigger markets in other districts. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19936', 'image' => '20240209105543_20230129104602_YB_BHOJPUR_SUNTALA.jpg', 'article_date' => '2024-02-09 10:55:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '20208', 'article_category_id' => '1', 'title' => '1,636 Posts of Postal Office Scrapped', 'sub_title' => '', 'summary' => 'The government has abolished the Central Philatelic and Postal Stamps Management Office.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 8: The government has abolished the Central Philatelic and Postal Stamps Management Office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">According to Minister for Communications and Information Technology Rekha Sharma, the meeting of the Council of Ministers decided to establish 'One Municipality, One Post Office', change the organization structure of the post office and abolish 1,636 posts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The meeting also gave in-principle approval to formulate a bill to provide for digital governance commission and approved the Poor Family Identification and Identity Card Distribution (First Amendment) Guidelines, 2080 BS.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif""> The meeting also decided to appoint Dr Parshuram Mishra, a resident of Mahottari, as the chairperson of Ramraja Prasad Singh Academy of Health Sciences Infrastructure Development Committee 2080 BS, said minister Sharma, who is also the spokesperson of the government. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19935', 'image' => '20240209061658_collage (28).jpg', 'article_date' => '2024-02-09 06:15:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '20207', 'article_category_id' => '1', 'title' => 'Nepal Defeats Canada by Seven Runs in First Match of ODI Series ', 'sub_title' => '', 'summary' => 'February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Invited to bat first after losing the toss, Nepal gave a moderate target of 225 runs to Canada, which the visitors fell short to achieve by just seven runs as they were restricted to 217 runs. Canada managed 217 runs losing all wickets in 47.5 overs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nicolas Kirtan scored 68 runs for Canada while Pragat Singh and Harsha Thakar contributed 50 runs and 32 runs, respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">For Nepal's victory, captain Paudel alone took four wickets of Canada while Lalit Rajbanshi took two wickets. With the win, Nepal leads the the One Day International (ODI) Cricket Series against Canada 1-0.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier, Nepal's Kushal Bhurtel contributed the highest 62 runs with nine fours and one six. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is playing a three-match ODI series against Canada ahead of the upcoming ICC Cricket League-2 to be played between Namibia and the Netherlands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The second match between Nepal and Canada is scheduled for February 10. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19934', 'image' => '20240208103802_maxresdefault.jpg', 'article_date' => '2024-02-08 22:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '20206', 'article_category_id' => '1', 'title' => 'Number of Promoter Shares Put Up for Sale Increasing', 'sub_title' => '', 'summary' => 'February 8: Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Times New Roman","serif"">February 8: </span></strong><span style="font-family:"Times New Roman","serif"">Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As per the notices, promoters have announced sale of millions of units of promoter shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the rules of Nepal Rastra Bank, the promoters must first offer shares to other existing promoters. Then the companies issue a 35-day notice. If the promoters are not interested to purchase the promoter shares, then such shares are opened for the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">After the banks and financial institutions started issuing notices of the sale of promoter shares, the general investors have started questioning on social media about the reason behind the dramatic rise in the number of promoters who are willing to sell their shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">A broker said that some people have been selling promoter shares to due to financial crisis. Experts say that investors may have had to sell their promoter shares due to the downturn in the economy, high interest rates, etc.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Compared to the previous year, the return on investment of listed companies is decreasing. The experts also noted that the promoters might have withdrawn their money back due to this reason.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Securities expert advocate Jyoti Dahal said that the promoters may have sold their shares due to the decline in returns. Dahal speculates that some may have sold the shares because they needed money and also to invest elsewhere.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Dahal said that the 35-day notice has been issued because the first priority should be given to other promoters.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Another investor Dambaru Ballabh Ghimire believes that the economic recession is the main reason for the announcement of the sale of the promoter shares. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">"They may have taken loans from many places, or they may need money for household needs," he said. Also, some promoters may have to pay interest and loans. He speculates that the shares may have been sold because of these reasons. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Lately, the non-performing loans of banks are increasing. "Due to this reason, the promoters may have sold their shares, assuming that the return will be low," said Ghimire.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last one week, five listed companies issued a notice of sale of 1.69 million units of promoter shares. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19933', 'image' => '20240208035926_Sale-of-the-Shares-by-Promoters.jpg', 'article_date' => '2024-02-08 15:58:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '20205', 'article_category_id' => '1', 'title' => 'NEPSE Rises by 5.74 Points, Closing at 2096.38', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 8: The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today’s trading session, a total of 317 scrips were traded on the NEPSE through 67,273 transactions. As many as 9,171,710 shares changed hands, resulting in a total turnover amount of Rs 3.21 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Himalayan Reinsurance Limited (HRL) led the turnover amount with transactions of Rs 18 crores, closing at a market price of 689 per share.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Samaj Laghubitta Bittiya Sanstha (SAMAJ) gained 10% and hit the positive circuit for the day. Conversely, Siddhartha Growth Scheme 3 (SIGS3) lost the highest percentage, 9.97%, closing at a market price of Rs 8.49.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, nine sectors closed in the green territory, while the remaining landed in the red zone.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> The Hydropower Index saw the highest gain at 1.44%, while the Investment Index gained the least at 0.09%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the contrary, the Mutual Fund Index lost the highest percentage, 1%, while the Banking Index witnessed the lowest loss of 0.04%.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19932', 'image' => '20240208034831_collage (6).jpg', 'article_date' => '2024-02-08 15:44:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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' => '20219', 'article_category_id' => '1', 'title' => 'NIC Asia Laghubitta Conducts Financial Literacy Programme', 'sub_title' => '', 'summary' => 'NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini Province.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 11: NIC Asia Laghubitta Bittiya Sanstha Limited has successfully completed financial literacy program in various districts of Lumbini Province. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">NIC Asia Laghubitta conducted financial literacy programs through its branches in Bethari, Padsari, Sisahaniya, Okharkot, Thakurdwara, Bansgadhi, and Sulichaur.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">At the literacy programme, analysis of daily income and expenses, knowledge related to financial services, the necessity of savings for the future, ways to save, proper utilization of loans, and business management were discussed. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Participants were provided with specialized knowledge on how to utilize loans properly, what kind of business to start with the loan, how to increase income, increase savings, and reduce expenses. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">More than 350 people participated in the programme.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-11', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19946', 'image' => '20240211065506_collage (30).jpg', 'article_date' => '2024-02-11 06:53:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 1 => array( 'Article' => array( 'id' => '20218', 'article_category_id' => '1', 'title' => 'Sonam Lhosar Observed ', 'sub_title' => '', 'summary' => 'February 10: The Tamang community is celebrating Sonam Lhosar or the New Year by organizing various programs today, February 10. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 10: The Tamang community celebrated Sonam Lhosar or the New Year by organizing various programs on Saturday, February 10. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Manjushree calendar, the 2860th year starts from February 10 this year . From that day begins the year of the tiger after completion of the year of the cow. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is celebrated every year on first day of the bright half of the moon in the Nepali month of Magh with various programs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sonam Lhosar is divided into 12 categories: rat, cow, tiger, rabbit, dragon (cloud), snake, horse, sheep, monkey, bird, dog and pig. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The festival is specially celebrated in different districts of Bagmati Province where Tamang community is predominant. The government has announced a public holiday across the country on the occasion of the festival. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-10', 'modified' => '2024-02-11', 'keywords' => '', 'description' => '', 'sortorder' => '19945', 'image' => '20240210010650_20230122125214_sonam.jpg', 'article_date' => '2024-02-10 13:06:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '20217', 'article_category_id' => '1', 'title' => '32 Percent of Businesses Operate without Registration in Nepal: Survey', 'sub_title' => '', 'summary' => 'February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Around 32 percent of business establishments involved in wholesale and retail trade are operating without registration across Nepal, according to the findings of the Nepal Distributive Trade Survey, 2022 unveiled by the National Statistics Office (NSO) on Friday.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey states that 68 percent of the wholesale and retail business establishments are registered with government agencies. However, about 32 percent of establishments are found to be operating without registration.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows 1.130 million people are involved in wholesale and retail trade sector. Of them, 36 percent (403,964) are women and 64 percent (726,681) are men. The first distributive trade survey was conducted in 2008. This is the second survey after 14 years gap, according to the NSO.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The survey shows Madhesh Province has the largest number of businesses in operation that are not registered with any government agencies while Bagmati Province has the largest number of businesses registered with government agencies.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Retail trade boasts the highest level of female engagement compared to wholesale trade and motor trade and repair. According to the survey, 38.40 percent of individuals involved in retail trade are women. Conversely, women's participation in wholesale trade and motor trade and repair stands at only 19.06 percent and 10.94 percent, respectively.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The highest percentage of women engaged in distributive trade was in Karnali followed by Gandaki and Koshi provinces and lowest in Madhesh.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Only 26 percent of the trade establishment are owned by women</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The Nepal Distributive Trade Survey shows only 26 percent of the trade establishment are owned by women. The retail trade is where the women ownership is higher than other two trade establishments. Women own 27 percent of the retail trade establishments, according to the survey.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Among the provinces, Gandaki Province has the highest number of women-owned trade establishments. The survey shows 35.1 percent of trade establishments in the province are owned by women.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19944', 'image' => '20240209100809_20230602015920_Handicraf.jpg', 'article_date' => '2024-02-09 22:07:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '20216', 'article_category_id' => '1', 'title' => 'Upcoming Budget will Focus on Increasing Production and Creating Jobs: PM Dahal ', 'sub_title' => '', 'summary' => 'February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Prime Minister Pushpa Kamal Dahal has asserted that the budget for the fiscal year 2024/25 would be focused on increasing production and creating jobs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Addressing the 8th Nuwakot Festival on Friday, PM Dahal clarified that the government will prepare the budget taking into consideration the prospects of increasing agricultural production. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the process to bring about 'significant' changes in the national budget system had been initiated, PM Dahal assured that the traditional budget system would be overhauled. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government at present was soliciting suggestions from all sectors on the government's policies, programmes and budget. He assured that the upcoming budget would transform the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The PM vowed government's support in the development of arts and culture, religious and historical places, agricultural and tourism sectors. He pledged to pay attention to reconstruction of the quake-damaged Nuwakot Palace. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On a different note, the head of the government said, "The country's economy is slowly picking up rhythm. Economic indicators are also positive. The foreign currency reserves and arrival of tourists have increased. These factors have helped bring the national economy back on track. The revenue collection has also surged lately." -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19943', 'image' => '20240209073213_20230714023452_1683767264.jpg', 'article_date' => '2024-02-09 19:31:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '20215', 'article_category_id' => '1', 'title' => '105 Projects Recommended for Investment Summit', 'sub_title' => '', 'summary' => 'February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: The government has started the work of identification of projects for the Third Investment Summit to be held on April 28 and 29. The government has prepared a list of different projects to present them in the upcoming summit. Some of them are new projects whole some projects can be initiated immediately.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">However, the much-hyped Nijgad International Airport is not included in the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has started preparation for the investment summit at the time when it reaffirmed its stance to construct the Nijgad International Airport. However, this airport is not in the list of the government for the upcoming summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">There are currently three international airports in Nepal. Apart from Tribhuvan International Airport, there are no international flights taking place from Bhairahawa-based Gautam Buddha International Airport and Pokhara Regional International Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has announced that the operation of these airports and the construction of Nijgarh Airport will be done on a Public-Private Partnership (PPP) model. Businessmen from neighboring countries have shown intererst in the construction and operation of the new airport. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Although the Nijgad International Airport was expected to be among the projects to be showcased during the Third Investment Summit, it did not fall among the 105 projects in government’s list.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The government has formed a technical committee to select the projects to be presented at the investment summit. Officials of the Investment Board are hopeful that Nijgad International Airport may be shortlisted for the upcoming summit as government is yet to finalize the list of projects to be presented in the summit.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Joint Secretary and Spokesperson of Investment Board Nepal, Pradyumna Prasad Upadhyay, said that the selected projects are not final and Nijgad Airport may also be added in the future. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> Mukunda Prasad Niraula, Secretary of the Ministry of Industry, Commerce and Supply, who is also the coordinator of the technical committee for the selection of the projects to be presented at the conference, informed that the list of 105 projects has been received so far for the investment summit. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to him, the list includes some projects whose detailed project reports (DPR) have been prepared while there are also projects without DPR and some whose environmental impact assessments have already been done. Some projects in the list are currently under construction. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">A meeting of the Third Investment Summit Implementation Committee held on Thursday pledged to amend a number of laws related to facilitating investment in the country. A task force formed to amend the laws has recommended amending about a dozen laws to bring legal and policy reforms to attract investment.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19942', 'image' => '20240209033516_20240130024837_investment.jpg', 'article_date' => '2024-02-09 15:33:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '20214', 'article_category_id' => '1', 'title' => 'Lumbini Bikas Bank Provides Financial Aid to Lumbini Eye Hospital', 'sub_title' => '', 'summary' => 'Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based Auto cataract surgical equipment'.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 9: Lumbini Bikas Bank Limited has provided financial support to Lumbini Eye Hospital located in Butwal, Rupandehi, for the purchase of 'microcontroller-based auto cataract surgical equipment'. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The bank has supported with a sum of Rs 1,736,000 for the purchase of the said equipment. </span></span><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">In the bank’s chairman Chintamani Bhattarai handed over the bank check to Sagar Pratap Rana, the chairman of the hospital management committee.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Chairman Bhattarai stated that it was a matter of pride for the bank to support the hospital in purchasing the surgical equipment, as it would directly assist the patients receiving treatment at the hospital.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">Expressing gratitude for the support provided by the bank, Chairman Rana anticipated the cooperation in the future as well. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19941', 'image' => '20240209033314_collage (29).jpg', 'article_date' => '2024-02-09 15:31:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '20213', 'article_category_id' => '1', 'title' => 'World Sees First 12 Months Above 1.5 C Warming Level', 'sub_title' => '', 'summary' => 'February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">February 9: Earth has endured 12 months of temperatures 1.5C hotter than the pre-industrial era for the first time on record, Europe's climate monitor said Thursday, in what scientists called a "warning to humanity". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Storms, drought and fire have lashed the planet as climate change, supercharged by the naturally-occurring El Nino phenomenon, stoked record warming in 2023, making it likely the hottest in 100,000 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The extremes have continued into 2024, Copernicus Climate Change Service (C3S) service said, confirming that February 2023 to January 2024 saw warming of 1.52 degrees Celsius above the 19th century benchmark. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">That is a grave foretaste of the Paris climate deal's crucial 1.5C warming threshold, but it does not signal a permanent breach of the limit, which is measured over decades, scientists said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"We are touching 1.5C and we see the cost, the social costs and economic costs," said Johan Rockstrom, of the Potsdam Institute for Climate Impact Research. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"1.5 is a very big number and it hurts us really badly in terms of heat waves, droughts, floods, reinforced storms, water scarcity across the entire world. That is what 2023 has taught us." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Recent months have seen an onslaught of extremes across the planet, including devastating drought gripping the Amazon basin, sweltering winter temperatures in parts of southern Europe, deadly wildfires in South America and record rainfall in California. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"It is clearly a warning to humanity that we are moving faster than expected towards the agreed upon 1.5C limit that we signed," Rockstrom told AFP, adding that temperatures will likely fall back somewhat after the El Nino comes to an end. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said last month was the hottest January on record -- the eighth month in a row of historic high monthly temperatures -- with temperatures 1.66C warmer overall than an estimate of the January average for 1850-1900, the pre-industrial reference period. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"2024 starts with another record-breaking month -- not only is it the warmest January on record but we have also just experienced a 12-month period of more than 1.5C above the pre-industrial reference period," said Samantha Burgess, C3S Deputy Director. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Planet-heating emissions, mainly from the burning of fossil fuels, have continued to rise in recent years, when scientists say they need to fall by almost half this decade and the UN's IPCC climate panel has warned that the world will likely crash through 1.5C in the early 2030s. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"The succession of very hot years is bad news for both nature and people who are feeling the impacts of these extreme years," Joeri Rogelj, professor of climate science and policy at Imperial College London, told AFP. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">"Unless global emissions are urgently brought down to zero, the world will soon fly past the safety limits set out in the Paris climate agreement." </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">- 'Off the charts' - </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Copernicus said January temperatures were well above average in north-western Africa, the Middle East and central Asia, as well as eastern Canada and southern Europe. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">But they were below average in parts of northern Europe, western Canada and the central region of the United States. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">And while parts of the world experienced an unusually wet January, swathes of North America, the Horn of Africa and the Arabian Peninsula saw drier conditions. In Chile, which has struggled with a brutal summer heatwave and drought, the dry conditions have helped stoke wildfires, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Those conditions have continued into February, with fires that started on Friday whipping into a deadly inferno that tore through neighbourhoods in the coastal Valparaiso region over the weekend leaving more than 130 people dead. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The El Nino, which warms the sea surface in the southern Pacific leading to hotter weather globally, has begun to weaken in the equatorial Pacific, Copernicus said. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Meanwhile, sea surface temperatures have continued to smash records.Rockstrom said 2023 "is a year where ocean dynamics have simply gone berserk, it's off the charts". </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Oceans cover 70 percent of the planet and have kept the Earth's surface liveable by absorbing 90 percent of the excess heat produced by the carbon pollution from human activity since the dawn of the industrial age. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Hotter oceans mean more moisture in the atmosphere, leading to increasingly erratic weather, like fierce winds and powerful rain. – AFP/RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19940', 'image' => '20240209025206_global-warming.jpg', 'article_date' => '2024-02-09 14:50:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '20212', 'article_category_id' => '1', 'title' => 'Government in Favour of Branding Domestic Alcohol, Promoting its Sale', 'sub_title' => '', 'summary' => 'February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">February 9: Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the government is planning to promote the sale of domestic liquor by 'branding' the product.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Speaking at a discussion on the promotion of domestic liquor held at the Ministry of Industry on Thursday, Minister Rijal said that the government will ‘brand’ domestic liquor. Minister Rijal said that arrangements will be made to promote the sale of domestic alcohol under the small and domestic industries. He also said that the government will determine production standard and quality of domestic alcohol and make arrangements for sales promotion.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Minister Rijal said that the ministry is doing necessary homework to promote the sale of domestic liquor at the national and international level. The ministry has adopted a policy of 'branding' domestic liquor by preparing quality standards. Accordingly, the ministry also presented the guidelines for the sale and promotion of domestic liquor during the discussion program.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Finance Minister Dr Prakash Sharan Mahat and Law Minister Dhanraj Gurung were also present during the discussion. Finance Minister Dr Mahat said that special attention should be paid to the quality and standards of domestic alcohol.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Law Minister Gurung said that there should be laws to clearly define the production and sale of domestic liquor. Chief Minister of Koshi Province Kedar Karki, Chief Minister of Bagmati Province Shalikram Jamkattel, Chief Minister of Gandaki Province Surendraraj Pandey, Chief Minister of Lumbini Province Dilli Bahadur Chaudhary were also present during the discussion. </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19939', 'image' => '20240209021216_Untitled.jpg', 'article_date' => '2024-02-09 14:11:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '20211', 'article_category_id' => '1', 'title' => 'Nepal, Australia Sign Trade and Investment Framework Agreement ', 'sub_title' => '', 'summary' => 'February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Nepal and Australia have signed an agreement on trade and investment during Foreign Minister NP Saud's ongoing visit to Australia. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Foreign Affairs, Nepal's ambassador to Australia Kailash Raj Pokharel and Australia's Assistant Minister for Foreign Affairs Tim Watts signed the Nepal-Australia Trade and Investment Framework (TIFA) on behalf of their respective governments in the presence of Minister Saud and his Australian counterpart Penny Wong. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Following the signing-in ceremony, both ministers said the moment is significant in terms of taking the friendly relations between the two nations to a new height. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Australia and Nepal are close friends and our relationship is underpinned by deep people to people links- Nepali Australians are our fastest growing migrant community," Watts tweeted after the signing of the agreement. He mentioned that the signing of the TIFA is just another demonstration of strong ties between the two countries. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, he reminisced his last year's visit to Nepal, adding that he had held talks with the representatives of the Government of Nepal and leaderships from various sectors about opportunities and measures to further deepen mutual relations between Nepal and Australia. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19938', 'image' => '20240209123734_Flag-Pins-Nepal-Australia.jpg', 'article_date' => '2024-02-09 12:36:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '20210', 'article_category_id' => '1', 'title' => 'Test Run of Nilgirikhola-2 Transmission Line Held Successfully ', 'sub_title' => '', 'summary' => 'February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: The 71-megawatt capacity Nilgirikhola-2 Hydropower Project has successfully conducted the test run of its transmission line. The project is based at Narchyang, Annapurna Rural Municipality-4 in Myagdi district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The project, developed by Nilgirikhola Hydropower Limited, had carried out the test run of the transmission line from Dobhilna, Annapurna Rural Municipality-4 to Dana, Annapurna Rural Municipality-3 since January 29. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Upendra Gautam, the official representative of Nilgirikhola Hydropower Limited, conformed that the test transmission of the 220 kV transmission line from Dobhilna to Dana was held successfully. The test transmission was carried out with the participation of a technical team from Nepal Electricity Authority (NEA). The electricity produced from this project is fed to the national grid via the Dana sub-station. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the powerhouse of the 42-megawatt-capacity Nilgirikhola First Hydropower project located at Chhotepa has seen around 80 percent work progress. The switch yard has been constructed at the powerhouse premises of both the projects. The estimated cost of the two run-of-the-river type projects is Rs 13 billion. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19937', 'image' => '20240209121332_nilgirii.jpg', 'article_date' => '2024-02-09 12:12:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '20209', 'article_category_id' => '1', 'title' => 'Orange Production Up in Solukhumbu, but Farmers Face Problems in Accessing the Market', 'sub_title' => '', 'summary' => 'February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 9: Orange production has increased by more than 400 metric tonnes in Solukhumbu, a mountainous district in Koshi Province, this season, according to the Agriculture Knowledge Centre Solukhumbu. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The district produced 469 metric tonnes more oranges in the current fiscal year 2023-24 compared to the previous fiscal year, 2022-23. Information Officer at the Centre, Kul Bahadur Rai, said orange production in the district last fiscal year was 1,690 metric tonnes, which reached 2,159 metric tonnes in the current fiscal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Orange is grown in 295 hectares land in the district, but this year production could be reaped only from 257 hectares. Rai, the centre's information officer, said the production increased this year with the increase in the number of high-yielding orange trees. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Oranges can be grown in seven out of eight local levels in the district. Cultivation is not possible in Khumbu Pasang Lhamu Rural Municipality because of extreme cold, said Durga Bahadur Tiruwa, chief of the centre. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Thulung Dudhkoshi Rural Municipality alone contributes sixty percent of orange production in the district. The Deusa area of this rural municipality is the pocket area for orange farming in the entire district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the orange production has been increasing in the district over the years, farmers complain that they face problems in transporting them to the market.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Sangam Rai, a farmer from Deusa who has been involved in commercial farming of oranges, said that a sizable portion of the oranges produced in Deusa go to waste due to lack of market access and transportation facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The market for the oranges produced in the district is confined within the district itself. This means that the orange farmers have only a limited market for their produce.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Ambar Rai, another farmer of Deusa, rued that oranges taken to Salleri, the district headquarters, for sale, does not even sells at Rs 50 per kilogram. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the orange producers have not been able to make profit due to the lack of market and they do not have the facility to take their produce to bigger markets in other districts. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19936', 'image' => '20240209105543_20230129104602_YB_BHOJPUR_SUNTALA.jpg', 'article_date' => '2024-02-09 10:55:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '20208', 'article_category_id' => '1', 'title' => '1,636 Posts of Postal Office Scrapped', 'sub_title' => '', 'summary' => 'The government has abolished the Central Philatelic and Postal Stamps Management Office.', 'content' => '<p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">February 8: The government has abolished the Central Philatelic and Postal Stamps Management Office. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">According to Minister for Communications and Information Technology Rekha Sharma, the meeting of the Council of Ministers decided to establish 'One Municipality, One Post Office', change the organization structure of the post office and abolish 1,636 posts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif"">The meeting also gave in-principle approval to formulate a bill to provide for digital governance commission and approved the Poor Family Identification and Identity Card Distribution (First Amendment) Guidelines, 2080 BS.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,"sans-serif""> The meeting also decided to appoint Dr Parshuram Mishra, a resident of Mahottari, as the chairperson of Ramraja Prasad Singh Academy of Health Sciences Infrastructure Development Committee 2080 BS, said minister Sharma, who is also the spokesperson of the government. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-09', 'modified' => '2024-02-09', 'keywords' => '', 'description' => '', 'sortorder' => '19935', 'image' => '20240209061658_collage (28).jpg', 'article_date' => '2024-02-09 06:15:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 12 => array( 'Article' => array( 'id' => '20207', 'article_category_id' => '1', 'title' => 'Nepal Defeats Canada by Seven Runs in First Match of ODI Series ', 'sub_title' => '', 'summary' => 'February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">February 8: A four-wicket haul by Captain Rohit Kumar Poudel helped the national cricket team of Nepal defeat Canada by seven runs in the first ODI match between the two countries held at the Tribhuvan University (TU) Cricket Ground on Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Invited to bat first after losing the toss, Nepal gave a moderate target of 225 runs to Canada, which the visitors fell short to achieve by just seven runs as they were restricted to 217 runs. Canada managed 217 runs losing all wickets in 47.5 overs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nicolas Kirtan scored 68 runs for Canada while Pragat Singh and Harsha Thakar contributed 50 runs and 32 runs, respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">For Nepal's victory, captain Paudel alone took four wickets of Canada while Lalit Rajbanshi took two wickets. With the win, Nepal leads the the One Day International (ODI) Cricket Series against Canada 1-0.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier, Nepal's Kushal Bhurtel contributed the highest 62 runs with nine fours and one six. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is playing a three-match ODI series against Canada ahead of the upcoming ICC Cricket League-2 to be played between Namibia and the Netherlands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The second match between Nepal and Canada is scheduled for February 10. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19934', 'image' => '20240208103802_maxresdefault.jpg', 'article_date' => '2024-02-08 22:37:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '20206', 'article_category_id' => '1', 'title' => 'Number of Promoter Shares Put Up for Sale Increasing', 'sub_title' => '', 'summary' => 'February 8: Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Times New Roman","serif"">February 8: </span></strong><span style="font-family:"Times New Roman","serif"">Of late, banks and financial institutions have been issuing notices related to the sale of promoter shares almost on a daily basis. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As per the notices, promoters have announced sale of millions of units of promoter shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the rules of Nepal Rastra Bank, the promoters must first offer shares to other existing promoters. Then the companies issue a 35-day notice. If the promoters are not interested to purchase the promoter shares, then such shares are opened for the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">After the banks and financial institutions started issuing notices of the sale of promoter shares, the general investors have started questioning on social media about the reason behind the dramatic rise in the number of promoters who are willing to sell their shares.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">A broker said that some people have been selling promoter shares to due to financial crisis. Experts say that investors may have had to sell their promoter shares due to the downturn in the economy, high interest rates, etc.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Compared to the previous year, the return on investment of listed companies is decreasing. The experts also noted that the promoters might have withdrawn their money back due to this reason.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Securities expert advocate Jyoti Dahal said that the promoters may have sold their shares due to the decline in returns. Dahal speculates that some may have sold the shares because they needed money and also to invest elsewhere.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Dahal said that the 35-day notice has been issued because the first priority should be given to other promoters.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Another investor Dambaru Ballabh Ghimire believes that the economic recession is the main reason for the announcement of the sale of the promoter shares. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">"They may have taken loans from many places, or they may need money for household needs," he said. Also, some promoters may have to pay interest and loans. He speculates that the shares may have been sold because of these reasons. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Lately, the non-performing loans of banks are increasing. "Due to this reason, the promoters may have sold their shares, assuming that the return will be low," said Ghimire.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">In the last one week, five listed companies issued a notice of sale of 1.69 million units of promoter shares. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19933', 'image' => '20240208035926_Sale-of-the-Shares-by-Promoters.jpg', 'article_date' => '2024-02-08 15:58:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '20205', 'article_category_id' => '1', 'title' => 'NEPSE Rises by 5.74 Points, Closing at 2096.38', 'sub_title' => '', 'summary' => 'The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 8: The Nepal Stock Exchange (NEPSE) Index witnessed a minimal increase of 5.74 points or 0.27%, closing at 2096.38 on the last trading day of the week, Thursday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">During today’s trading session, a total of 317 scrips were traded on the NEPSE through 67,273 transactions. As many as 9,171,710 shares changed hands, resulting in a total turnover amount of Rs 3.21 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Himalayan Reinsurance Limited (HRL) led the turnover amount with transactions of Rs 18 crores, closing at a market price of 689 per share.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Samaj Laghubitta Bittiya Sanstha (SAMAJ) gained 10% and hit the positive circuit for the day. Conversely, Siddhartha Growth Scheme 3 (SIGS3) lost the highest percentage, 9.97%, closing at a market price of Rs 8.49.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In terms of sector indices, nine sectors closed in the green territory, while the remaining landed in the red zone.</span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> The Hydropower Index saw the highest gain at 1.44%, while the Investment Index gained the least at 0.09%.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">On the contrary, the Mutual Fund Index lost the highest percentage, 1%, while the Banking Index witnessed the lowest loss of 0.04%.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-02-08', 'modified' => '2024-02-08', 'keywords' => '', 'description' => '', 'sortorder' => '19932', 'image' => '20240208034831_collage (6).jpg', 'article_date' => '2024-02-08 15:44:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
