January 20: The Ministry of Industry, Commerce and Supplies has requested the Indian Embassy in Kathmandu to provide 30,489 metric tons of wheat to 24 flour mills operating in…
January 20: The Ministry of Industry, Commerce and Supplies has requested the Indian Embassy in Kathmandu to provide 30,489 metric tons of wheat to 24 flour mills operating in…
January 20: Humla district witnessed a snowfall from last night, the first during this…
January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year.…
Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to…
Changunarayan Municipality has imposed tax on the production and export of clay bricks. A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax…
CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives…
January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses.…
January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service…
January 19: The government has fixed the price of sugarcane at Rs 540 per…
January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure…
January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under…
January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on…
Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from…
January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this…
The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in…
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India has pledged to supply 50,000 metric tons of wheat to Nepal on needs basis. The ministry has allocated quotas for the 24 flour mills based on the recommendation of Nepal Flour Mills Association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After the Indian Embassy sends the letter to India’s Ministry of Commerce, Nepali flour mill operators will be able to buy wheat from the Indian traders of their contact.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Spokesman at the Ministry of Industry, Commerce and Supplies Dr Narayan Regmi informed that the quota for wheat imports which will be completed by March and the businessmen will be able to import the remaining quantity of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India banned wheat exports 10 months ago citing the Russia-Ukraine war and the decline in production. This had affected the Nepali industries that are chiefly dependent on India for wheat supplies. India is one of the largest wheat producers in the world. The price of fine flour in Nepal, which was Rs 50 per kg before India's export ban, has gone up to Rs 70. Similarly, the price of Rs 55 per kg of common flour has risen to Rs 76, and semolina which used to cost Rs 60 per kg now costs Rs 80 while the price of bran, which used to be sold at Rs 38 per kg has now increased to Rs 46. Industrialists say that the price of all products will be reduced by 15 percent if wheat supply from India resumes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Currently, the price of wheat in Nepal is Rs 52 per kg, and that of fine flour is Rs 70, common flour Rs 76, semolina Rs 80 and bran Rs 46. This price does not include VAT. The price of wheat in India is INR 28.50, fine flour INR 32, common flour INR 34, and bran INR 28 per kg.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businessmen say that Nepal's flour mills need 1 million metric tons of wheat annually. Kumud Dugad, president of the Nepal Flour Mills Association, said 40 percent of the demand is fulfilled by Nepal's domestic production, while the remaining 60 percent should be imported from India. He said that the production of more than two dozen industries has stopped due to the short-supply of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Secretary of the association, Bikash Begwani said that after the arrival of wheat from India, the price here will be cheaper by 15 percent and the price of flour will be cheaper by Rs 10 per kg. Begwani said that the government should request an additional 300,000 tons of wheat from India as the quota of wheat arriving in the first batch will last for just 2 weeks. He said that 300,000 tons of wheat will be sufficient till April when domestic wheat will be available in the market.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India gave permission for the export of 50,000 tons of wheat to Nepal following a request from the then Minister for Industry, Commerce and Supplies Dilendra Prasad Badu. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16538', 'image' => '20230120013206_wheatttttt.jpg', 'article_date' => '2023-01-20 13:31:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16796', 'article_category_id' => '1', 'title' => 'Snowfall in Humla ', 'sub_title' => '', 'summary' => 'January 20: Humla district witnessed a snowfall from last night, the first during this winter. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 20: Humla district witnessed a snowfall from last night, the first during this winter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the previous years, the district used to receive snowfall in December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The locals in the district headquarters Simkot have been enjoying the snowfall that occurred after a long gap. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the heavy snowfall has affected the normal life in the northern belt of the district. Local residents said that normal life has come to a standstill at Limi village in Namkha Rural Municipality-6 due to the heavy snowfall. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The villages including Limi, Muchu, Khagalgaun, Til and Jang have received heavy snowfall, affecting the normal life and locals’ mobility there. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the meantime, the farmers are hopeful of good production of millet, buckwheat and other winter crops. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16537', 'image' => '20230120114200_DB_Simkot-2.jpg', 'article_date' => '2023-01-20 11:41:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16795', 'article_category_id' => '1', 'title' => 'National Startup Enterprise Policy to be Unveiled within this Fiscal Year', 'sub_title' => '', 'summary' => 'January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. The policy has been under discussion for a long time. The ministry is currently discussing the draft of the policy with various stakeholders, including the Ministry of Finance, the National Planning Commission, the Federation of Nepalese Chamber of Commerce, Confederation of Nepalese Industries among others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Baburam Gautam, joint secretary of the Ministry of Industry, Commerce and Supplies, said that the 'National Startup Enterprise Policy 2079' is under internal discussion. Gautam said that the draft is currently being discussed at various stages in the ministry, and it is ready to be released in this fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As there is no other provision regarding the registration of startup enterprises and businesses, startups are placed under micro, domestic and small industries, according to the existing laws.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneur Ranjit Acharya, who is representing NYEF of the Federation of Nepalese Industries and Commerce, said he has been present at the ministry for the past 13 months and is working like an employee to draft the policy. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya said that since the startup policy is now also in the interest of the government, they are trying to implement this policy latest by a month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Before making the startup policy, we studied the policies of various countries, including India, China, and America. While making the policy, our main priority with the government is to encourage new entrepreneurs to create a startup-friendly environment, to include in the policy topics such as giving income tax exemptions and providing subsidized loans,'' he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya informed that a comprehensive discussion on startup policy will soon be held under the coordination of the Federation of Nepalese Chamber of Commerce and Industry. After the National Startup Enterprise Policy 2079 is approved by the Ministry of Law and implemented, the startups will operate according to the new policy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The current law of Nepal defines a startup as a venture under seven years of registration, operating professionally for skill development using innovative approach and creative thinking in order to develop, produce, and distribute goods and services. A startup should improve the existing production method through the use of modern systems and technology to remove the existing problems. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that this policy, which has been gathering dust on the table of government for a long time, will be implemented soon.</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The draft proses certain criteria for a new company to be considered as a startup venture. They include:</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">1. The number of full-time workers in the enterprise is not more than 10</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">2. The total profit of the enterprise from the annual income should not exceed Rs 5 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">3. Fixed capital (excluding the value of the real estate) should not exceed Rs 20 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">4. Paid-up capital should not exceed Rs 3 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">5. The enterprise must not be operating for more than seven years</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">6. The enterprise should have two or more founders</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">7. Must have innovative approach for solving problems</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">8. Use of information technology to produce and distribute goods or services in an efficient, accessible and reliable manner or to expand the existing work in a new way</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">9. At least 5 per cent of the company's annual expenses are spent on product development, market development, and research and development</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">10. A patent or design or software of the intellectual property of the enterprise is registered or the patent or design or software is eligible for registration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Enterprises that meets at least five conditions, including two from points 7 to 10, can start a business as a startup</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businesses not considered start-up ventures (proposed)</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Not registered in Nepal according to existing laws</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- The act of importing goods or services from abroad without using information technology and without using the latest technology and research</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Blacklisted by Credit Information Center or operated by such person</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- No permanent account number for tax purposes</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- As a holding company, an enterprise classified as a medium or large industry according to the Industrial Business Act, 2076</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Other matters prohibited by prevailing laws</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16536', 'image' => '20230120102625_startup.jpg', 'article_date' => '2023-01-20 10:25:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16794', 'article_category_id' => '1', 'title' => 'Finance Ministry brings out guidelines to Slash Current Government Expenditures ', 'sub_title' => '', 'summary' => 'Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. ', 'content' => '<p> </p> <p><span style="font-size:20px">January 20: Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. </span></p> <p><span style="font-size:20px">The government has collected a revenue of Rs 462 billion till January 18 despite its target of collecting 1403 billion revenue in the current fiscal year. </span></p> <p><span style="font-size:20px">The government has spent Rs 582 billion till January 18. Out of it, Rs 460 billion is administrative expenditure while Rs 54.42 billion is capital expenses. </span></p> <p><span style="font-size:20px">The data shows that revenue is hardly enough to sustain administrative expenses of the government. The government has started off initiative to end imbalance of income and expenditure.</span></p> <p><span style="font-size:20px">The first Cabinet meeting of the Pushpa Kamal Dahal led government had decided to cut the unnecessary expenses to balance the government’s income and expenditures.</span></p> <p><span style="font-size:20px">In line with same decision, Finance Ministry has issued Guidelines to Reduce current government expenditure-2079 at the initiative of Finance Minister Bishnu Prasad Poudel. </span></p> <p><span style="font-size:20px">As per the guidelines released by Deputy Prime Minister and Minister for Finance Bishnu Poudel, the administrative and current expenses in the government agencies would be cut by 15 per cent as stated in the national budget of the current fiscal year.</span></p> <p><span style="font-size:20px">With the new guidelines in place, non-essential national and foreign trips of government officials will be discouraged. Similarly, engine oil and lubricants would be used only if needed while servicing the two-wheelers and four-wheelers.</span></p> <p><span style="font-size:20px"> Likewise, unnecessary hoarding of goods would be discouraged and the ministry's publications would be uploaded in the websites, instead of printing them.</span></p> <p><span style="font-size:20px">Furthermore, non-essential seminars, training, symposium and such activities would be discouraged and even if they required to be held the government halls would be used instead of expensive hotels.</span></p> <p><span style="font-size:20px">Additional allowances for budget drafting would not be given and only 50 per cent, i. e Rs 300 would be provided in case if it is an obligation.</span></p> <p><span style="font-size:20px">Unnecessary use of AC, heater and fan would be discouraged along with bottled water. The toner and cartridge would be refilled as far as practicable.</span></p> <p><span style="font-size:20px">The ministry stated that no new workforce would be hired on a contract and daily wage basis, besides for the approved posts.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16535', 'image' => '20230120063953_collage (70).jpg', 'article_date' => '2023-01-20 06:34:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16793', 'article_category_id' => '1', 'title' => 'Changunarayan Municipality to Tax Manufacturing and Export of Clay Bricks ', 'sub_title' => '', 'summary' => 'Changunarayan Municipality has imposed tax on the production and export of clay bricks. A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. ', 'content' => '<p><span style="font-size:18px">January 19: Changunarayan Municipality has imposed tax on the production and export of clay bricks. <br /> A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. </span></p> <p><span style="font-size:18px">While brick kiln entrepreneurs pay a certain amount of annual tax, entrepreneurs involved in manufacturing, sale and export of clay bricks have been operating their businesses without paying tax for a long time. </span></p> <p><span style="font-size:18px">The municipal assembly took the decision to tax manufacturing and export of the clay bricks to bring clay brick entrepreneurs under the tax coverage, according to Mayor Jivan Khatri.</span></p> <p><span style="font-size:18px">Entrepreneurs have been manufacturing clay bricks in the rented land of the farmers and selling them to kilns. </span></p> <p><span style="font-size:18px">The municipality has decided to collect Rs 10,000 per site for operating clay brick business and Rs 500 per ropani of land for the manufacture of clay bricks.</span></p> <p><span style="font-size:18px">Citing brick industries as major causes of pollution in Changunarayan Municipality, voices are being raised to remove such industries from the municipality. </span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16534', 'image' => '20230119054046_collage (69).jpg', 'article_date' => '2023-01-19 17:36:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '16787', 'article_category_id' => '1', 'title' => 'UML’s Devraj Ghimire Elected Speaker of HoR ', 'sub_title' => '', 'summary' => 'CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). ', 'content' => '<p> </p> <p>January 19: CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). </p> <p>Ghimire, common candidate of the ruling coalition, was elected as the HoR Speaker on Thursday.<br /> Ghimire garnered 167 votes, while his rival Nepali Congress’ Ishwori Devi Neupane received 100 votes. </p> <p>Lawmakers of the CPN-UML, CPN-Maoist Center, Rastriya Swotantra Party, Rastriya Prajatantra Party, Janata Samajwadi Party, Janamat Party, Nagarik Unmukti Party, and independent lawmakers Amresh Kumar Singh, Prabhu Sah and Yogendra Mandal had cast votes for Ghimire. </p> <p>Lawmakers from Nepali Congress, CPN-Unified Socialist, Loktantrik Samajwadi and Rastriya Janamorcha had supported NC’s Neupane for the post of Speaker. </p> <p>Out of the total 275 lawmakers, as many as 268 had participated in the voting process. One lawmaker had stayed neutral in the voting. <br /> Ghimire is the fifth Speaker of the House of Representatives after the establishment of republicanism in the country. </p> <p>Ghimire was elected as a Member of the HoR from Jhapa Constituency-2 in the election held on November 20 last year.</p> <p>Ghimire had registered his candidacy for the Speaker on behalf of the ruling coalition on Wednesday afternoon.</p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16528', 'image' => '20230119042344_collage (67).jpg', 'article_date' => '2023-01-19 16:00:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16785', 'article_category_id' => '1', 'title' => 'Farmers yet to Receive Urea Stored in Government Warehouses', 'sub_title' => '', 'summary' => 'January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. ', 'content' => '<p><span style="font-size:18px">January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. It has been almost a week since three rakes of urea arrived at the warehouse of Agricultural Inputs Company Limited in Birgunj. More fertilizer is on the way. But the farmers are complaining that they have not received fertilizer even though the government has stock of it.</span></p> <p><span style="font-size:18px">Out of the 30,000 metric tons of urea supplied by India in the first lot through the G2G process, three rakes have arrived in Birgunj by Monday. Rajendra Bahadur Karki, managing director of Agricultural Inputs Company Limited, informed that the rest of the fertilizers have arrived in Jogbani. According to Karki, it is taking some time to distribute the recently arrived fertilizer as the management team is new to the company. He admitted that the farmers did not get it because of the delay in opening the market.</span></p> <p> </p> <p><span style="font-size:18px">Bhuvaneswar Yadav, a representative farmer of Saptari, complained that even though the government has fertilizer, the farmers have not been able to top dress the wheat crop.</span></p> <p><span style="font-size:18px">He said, “We have heard the news that the government is importing urea fertilizer, but none of the farmers in the village have been able to apply it to the wheat crop.” Farmers visit the cooperatives every day, but there is no fertilizer in the cooperatives either.</span></p> <p><span style="font-size:18px">Nepal had entered into an agreement with India last February during the tenure of the then Agriculture Minister Mahindra Raya Yadav to bring a total of 935,000 tons of chemical fertilizers in five years through G2G. The MoU was signed by Dr Govinda Prasad Sharma, secretary of the ministry on behalf of Nepal and Rajesh Kumar Chaturvedi, secretary of the Ministry of Chemicals and Fertilizers, Government of India on behalf of India.</span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16526', 'image' => '20230119033104_20230119031726_urea.jpg', 'article_date' => '2023-01-19 15:29:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16784', 'article_category_id' => '1', 'title' => 'Nepal Telecom to Resolve Service Interruption', 'sub_title' => '', 'summary' => 'January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption. The mobile and PSTN telephone service of the state-owned company suffered interruption since Tuesday noon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nepal Telecom issued a statement on Wednesday stating that the customers had to face difficulties in exchanging calls for some time due to network congestion. NT is committed to providing long-term solutions to prevent the recurrence of such problems in the future, the statement added.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The company is always committed to providing uninterrupted quality telecommunication services to the customers.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The company has also requested all customers to contact 1498 and 1988 for any problem related to interruption in mobile, telephone and other services of the company. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16525', 'image' => '20230119032937_Nepal-Telecom-(NTC-Building).jpg', 'article_date' => '2023-01-19 15:29:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16781', 'article_category_id' => '1', 'title' => 'Government Fixes Support Price of Sugarcane', 'sub_title' => '', 'summary' => 'January 19: The government has fixed the price of sugarcane at Rs 540 per quintal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 19: The government has fixed the price of sugarcane at Rs 540 per quintal. This price is Rs 20 more per quintal than last year. The cabinet meeting on Wednesday decided that the government will bear the transportation cost of Rs 70 per quintal while fixing the price of sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Ministry of Agriculture and Livestock Development had failed to set the support price for sugarcane even though the sugarcane crushing season had started. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Due to this, the farmers were forced to sell sugarcane on credit to sugar mills at low prices. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The farmers were forced to deliver sugarcane to the sugar mills without getting proper price, fearing that the sugarcane would dry up in the fields. After the farmers sold off most of their produce, the cabinet determined the price upon the proposal of the Ministry of Agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At the moment, the farmers in Terai are in a rush to sell sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Farmer Brijmohan Pandey says that the sugarcane after the second week of November becomes juicy and the weight increases. After November, the juice dries up and the weight decreases. He said that it has become easy to sell sugarcane after the government fixed the price. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Finance Minister Bishnu Poudel said that problems related to the crusher industry were discussed in the meeting and a suitable decision would be reached after further study. Poudel said that each ministry has been given five days’ time to make an action plan related to each ministry for the implementation of the minimum common program of the government. Similarly, the cabinet meeting decided to transfer the Secretary of the Ministry of Energy to the Ministry of Physical Infrastructure and the Secretary of Physical Infrastructure Ministry to the Ministry of Energy and to appoint Prof Dr Devraj Adhikari as the chairman of the University Grants Commission.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It has been decided to give the responsibility of government spokesperson to Communications Minister Rekha Sharma. Until now, Deputy Prime Minister and Finance Minister Bishnu Poudel was in charge of the official spokesperson. Similarly, the Council of Ministers also decided that the staff of the Ministry of Foreign Affairs must be present when ministers meet foreign diplomats. The government took such a decision after it was heavily criticized for letting ministers meet foreign dignitaries alone.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16522', 'image' => '20230119023446_HB-KTM-IMG_0180 (1).jpg', 'article_date' => '2023-01-19 14:33:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16780', 'article_category_id' => '1', 'title' => 'Light Rainfall and Snowfall to Take Place in Western Nepal Today ', 'sub_title' => '', 'summary' => 'January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The mountainous belt including that of Sudurpaschim and Karnali provinces would witness partial to general changes and the remaining areas would see partial changes and clear weather. Likewise, light rain is predicted in one or two places of Sudurpaschim and Karnali provinces, according to the Department of Hydrology and Meteorology. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, there is a chance of light snowfall in some places of high mountainous and hill areas of Sudurpaschim, Karnali and Gandaki provinces and one to two places of high mountainous and hill areas of the remaining provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, partial to general changes in weather would occur in mountainous areas of Sudurpaschim and Karnali provinces. Light rain is predicted to take place in a few places of Sudurpaschim and Karnali provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, the minimum temperature of the Kathmandu Valley is predicted to be around 4.2 degrees centigrade and maximum temperature at 15 degrees centigrade. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16521', 'image' => '20230119103350_DB-Simkot-AirUdanb (1).jpg', 'article_date' => '2023-01-19 10:33:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16779', 'article_category_id' => '1', 'title' => 'Finance Minister Paudel Admits Economic Crisis', 'sub_title' => '', 'summary' => 'January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.</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"">He said that the ministry is working to identify the problems faced by the national economy and will prepare concrete plan and programmes after identifying the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at an interaction on ‘Economy: The Way Forward’ organized by Nepal Chamber of Commerce on Wednesday, Minister Poudel said that we faced the challenge of Indian blockade and Covid-19 but now we are in trouble.</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"">“Nepal’s economy braved difficult situations line the mega earthquakes, border blockade and Covid-19. We did not face much trouble during the economic blockade or earthquake, but question arises how we reached this disappointing stage of economy now?” he questioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">DPM Poudel said that the country’s economy faced much more crisis after onset of Russia-Ukraine war. He further said that the government is studying the reasons behind the economic downfall.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The problems are therefore being analysed closely,” said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made it clear that the government can resolve the economic crisis only after proper identification of the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government is facing worrying state of capital expenditure and revenue mobilization. The government is making necessary plans to address these problems by widening the tax net and making the tax administration effective. The government is committed to maintaining fiscal discipline, he added. </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"">DPM Poudel said that increasing the capital expenditure is the current need and the government will encourage spending in productive sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, former finance minister Dr Yubraj Khatiwada said that the government needs to do a lot to prevent Nepal’s economy from crumbling.</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"">He suggested the government that it brought to track the economy along with balance in fiscal policy and monetary policy. “There is no point in rejoicing the increase of foreign currency reserve by reducing the goods that help create capital in the country. Initiatives are essential to scale up the domestic products,” Dr Khatiwada suggested. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The former finance minister also recommended that the government effectively implemented the hedging system to bring in foreign investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, former vice chairperson of the National Planning Commission, Dr Swarnim Wagle, expressed concerns that the country was heavily dependent on remittance.</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"">At the programme, Nepal Chamber of Commerce President Rajendra Malla demanded concrete actions from the government to resolve economic problems. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16520', 'image' => '20230119103309_economic crisis.jpg', 'article_date' => '2023-01-19 10:32:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16778', 'article_category_id' => '1', 'title' => 'French Team Begins Investigation into Yeti Airlines Plane Crash', 'sub_title' => '', 'summary' => 'January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The team reached the Seti River gorge where the plane with call sign 9N-ANC had fallen deep down and crashed claiming lives of all 72 onboard and inspected the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The nine-member investigating team is being facilitated by officials from the Civil Aviation Authority of Nepal (CAAN), security personnel as well as the locals. The team also reportedly flew a drone camera to screen the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane with 72 people onboard including 68 passengers and four crew members had flown to Pokhara from Kathmandu at 10:32 am and crashed in the gorge while making a final approach for landing. So far, the dead bodies of 71 victims have already been retrieved while search is underway for one missing person, said Superintendent of Police Ajay KC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane manufacturing company is keenly studying Nepal's first ATR plane crash. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer (CDO) of Kaski, Tek Bahadur KC, said that the security agencies are deployed for search and rescue and management of dead bodies post the disasters. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial Unicode MS","sans-serif"">“</span></strong><span style="font-family:"Arial Unicode MS","sans-serif"">The matter of investigation is not related to us," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has also formed an investigation committee coordinated by Joint-Secretary at the Ministry of Culture, Tourism and Civil Aviation Buddisagar Lamichhane, which is also looking into the case. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some members of the French team have returned to Kathmandu after the on-site study of the accident while some were still in Pokhara, according to Chief of Pokhara International Airport, Bikram Gautam. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier on Monday, the 'black box' of the crashed aircraft was found. The CAAN is hopeful that the 'black box' would help find out the cause behind the air crash. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16519', 'image' => '20230119095747_KD_KASKI_ACCIDENT.jpg', 'article_date' => '2023-01-19 09:57:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16777', 'article_category_id' => '1', 'title' => 'Sagarmatha Jalbidhyut Company Ltd Issues IPO to Locals and Migrant Workers ', 'sub_title' => '', 'summary' => 'Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. ', 'content' => '<p><br /> <span style="font-size:22px">January 19: Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. </span></p> <p><span style="font-size:22px">Out of the total issued capital of Rs 1,12,0000000, the hydropower is issuing 10 per cent of the share, i.e. 11,20,000 units of shares worth Rs 11,20,00000 to the project-affected locals of Ilam district at a face value of Rs 100 per unit.</span></p> <p><span style="font-size:22px">Ten per cent of the share, which is 4,36,800 units out of the total 43,68,000 kittas of shares allocated for the general public, is being issued to Nepali citizens working in foreign countries by taking labour permission from the Department of Labour. </span></p> <p><span style="font-size:22px">Locals of project-affected district and migrant workers can apply for a minimum of 10 units of shares. The maximum units of shares that locals can apply are 10,000, while migrant workers can apply up to 50,000 kittas. </span></p> <p><span style="font-size:22px">The sale of IPO will close on February 2. If the IPO issued for locals remains under-subscribed, the deadline will be extended until February 17. The closing date, however, will not be extended for the migrant workers.</span></p> <p><span style="font-size:22px">After allotment of the shares to locals and migrant workers, the hydropower company will float the shares to the general public in the second phase. </span><br /> </p> <p><span style="font-size:22px">Prabbhu Capital is the issue and sales manager of the hydropower company. Locals can visit project site, specified branch offices of Prabhu Bank, Century Commercial Bank and Prime Commercial Bank and banks approved by Securities Board of Nepal for CASBA services to apply for the IPO. Migrant workers can apply for the IPO through Mero Share. </span></p> <p><span style="font-size:22px">Sagarmatha Jalbidhyut Company Ltd has been producing electricity from Supermai A Hydropower Project(9.6 megawatt) for the last two and a half years. Per megawatt construction cost of the hydropower stands at Rs 19.84 crores.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16518', 'image' => '20230119061615_collage (64).jpg', 'article_date' => '2023-01-19 06:08:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '16776', 'article_category_id' => '1', 'title' => 'Farmers of Solu Worried due to Delay in Snowfall', 'sub_title' => '', 'summary' => 'January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year. The crops in the district have started drying up due to lack of rainfall even after mid-January. The district used to receive snowfall and rainfall by mid-December in previous years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, the fields and hills of Solukhumbu used to be covered with snow at around this time of year. But this year, due to the lack of snow, the hills and fields are dry, said Kamichhiri Sherpa of Likhupike Rural Municipality-5.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Khumbu, the upper part of the district, received snow before mid-December last year. Farmers say that since there is no snow even after mid-January this year, the crops like potato, wheat and buckwheat have started drying up in the fields. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Hastakala Rai of Dudhkoshi Rural Municipality-5 said that the fields are becoming dry due to lack of snow. As a result, the crops planted by the farmers are drying up. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Kamingmar Sherpa of Solududhkunda Municipality-3 said that since there is no snowfall and rain this year, it is not as cold as last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The local residents here are worried because there is no snow during the winter season and the temperature is also increasing. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Environmentalist Rajan Thapa said that such a change in the environment is the result of rapid deforestation and emission of various harmful gases.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16517', 'image' => '20230118065315_242407_218728161484248_2103211_o.jpg', 'article_date' => '2023-01-18 18:52:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16775', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Halt Cable Car Construction Project in Sikles', 'sub_title' => '', 'summary' => 'The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. ', 'content' => '<p><br /> <span style="font-size:18px">January 18: The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. </span></p> <p><span style="font-size:18px">A single bench of justice Til Prasad Shrestha issued the order to this effect, stating the matter required to be finalized only after discussing with both parties due to its gravity and sensitivity. </span></p> <p><span style="font-size:18px">In response to a writ petition filed by advocate Padam Bahadur Shrestha, the order was issued in accordance with the Supreme Court Regulations, 2074.</span></p> <p><span style="font-size:18px"> The writ petition has made the Office of the Prime Minister and Council of Ministers, and the Ministry of Forest and Environment the defendants.</span></p> <p><span style="font-size:18px">The writ petition is seeking the Apex Court to annul the government decision to endorse project’s environmental impact assessment report and other government decisions and documents in this regard through the issuance of mandamus. </span></p> <p><span style="font-size:18px">Sikles Annapurna Cable Car Pvt Ltd is planning to build a cable car system in Sikles of Madi Rural Municipality, Kaski. The Sikles Cable car project will cover a distance of 6.5 kilometers. The project is estimated to cost Rs 7 billion. </span><br /> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16516', 'image' => '20230118052755_collage (65).jpg', 'article_date' => '2023-01-18 17:24:47', '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' => '16797', 'article_category_id' => '1', 'title' => '24 Flour Mills to get 30,000 Metric Tons of Wheat from India', 'sub_title' => '', 'summary' => 'January 20: The Ministry of Industry, Commerce and Supplies has requested the Indian Embassy in Kathmandu to provide 30,489 metric tons of wheat to 24 flour mills operating in Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 20: The Ministry of Industry, Commerce and Supplies has requested the Indian Embassy in Kathmandu to provide 30,489 metric tons of wheat to 24 flour mills operating in Nepal. India has pledged to supply 50,000 metric tons of wheat to Nepal on needs basis. The ministry has allocated quotas for the 24 flour mills based on the recommendation of Nepal Flour Mills Association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After the Indian Embassy sends the letter to India’s Ministry of Commerce, Nepali flour mill operators will be able to buy wheat from the Indian traders of their contact.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Spokesman at the Ministry of Industry, Commerce and Supplies Dr Narayan Regmi informed that the quota for wheat imports which will be completed by March and the businessmen will be able to import the remaining quantity of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India banned wheat exports 10 months ago citing the Russia-Ukraine war and the decline in production. This had affected the Nepali industries that are chiefly dependent on India for wheat supplies. India is one of the largest wheat producers in the world. The price of fine flour in Nepal, which was Rs 50 per kg before India's export ban, has gone up to Rs 70. Similarly, the price of Rs 55 per kg of common flour has risen to Rs 76, and semolina which used to cost Rs 60 per kg now costs Rs 80 while the price of bran, which used to be sold at Rs 38 per kg has now increased to Rs 46. Industrialists say that the price of all products will be reduced by 15 percent if wheat supply from India resumes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Currently, the price of wheat in Nepal is Rs 52 per kg, and that of fine flour is Rs 70, common flour Rs 76, semolina Rs 80 and bran Rs 46. This price does not include VAT. The price of wheat in India is INR 28.50, fine flour INR 32, common flour INR 34, and bran INR 28 per kg.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businessmen say that Nepal's flour mills need 1 million metric tons of wheat annually. Kumud Dugad, president of the Nepal Flour Mills Association, said 40 percent of the demand is fulfilled by Nepal's domestic production, while the remaining 60 percent should be imported from India. He said that the production of more than two dozen industries has stopped due to the short-supply of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Secretary of the association, Bikash Begwani said that after the arrival of wheat from India, the price here will be cheaper by 15 percent and the price of flour will be cheaper by Rs 10 per kg. Begwani said that the government should request an additional 300,000 tons of wheat from India as the quota of wheat arriving in the first batch will last for just 2 weeks. He said that 300,000 tons of wheat will be sufficient till April when domestic wheat will be available in the market.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India gave permission for the export of 50,000 tons of wheat to Nepal following a request from the then Minister for Industry, Commerce and Supplies Dilendra Prasad Badu. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16538', 'image' => '20230120013206_wheatttttt.jpg', 'article_date' => '2023-01-20 13:31:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16796', 'article_category_id' => '1', 'title' => 'Snowfall in Humla ', 'sub_title' => '', 'summary' => 'January 20: Humla district witnessed a snowfall from last night, the first during this winter. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 20: Humla district witnessed a snowfall from last night, the first during this winter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the previous years, the district used to receive snowfall in December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The locals in the district headquarters Simkot have been enjoying the snowfall that occurred after a long gap. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the heavy snowfall has affected the normal life in the northern belt of the district. Local residents said that normal life has come to a standstill at Limi village in Namkha Rural Municipality-6 due to the heavy snowfall. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The villages including Limi, Muchu, Khagalgaun, Til and Jang have received heavy snowfall, affecting the normal life and locals’ mobility there. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the meantime, the farmers are hopeful of good production of millet, buckwheat and other winter crops. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16537', 'image' => '20230120114200_DB_Simkot-2.jpg', 'article_date' => '2023-01-20 11:41:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16795', 'article_category_id' => '1', 'title' => 'National Startup Enterprise Policy to be Unveiled within this Fiscal Year', 'sub_title' => '', 'summary' => 'January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. The policy has been under discussion for a long time. The ministry is currently discussing the draft of the policy with various stakeholders, including the Ministry of Finance, the National Planning Commission, the Federation of Nepalese Chamber of Commerce, Confederation of Nepalese Industries among others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Baburam Gautam, joint secretary of the Ministry of Industry, Commerce and Supplies, said that the 'National Startup Enterprise Policy 2079' is under internal discussion. Gautam said that the draft is currently being discussed at various stages in the ministry, and it is ready to be released in this fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As there is no other provision regarding the registration of startup enterprises and businesses, startups are placed under micro, domestic and small industries, according to the existing laws.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneur Ranjit Acharya, who is representing NYEF of the Federation of Nepalese Industries and Commerce, said he has been present at the ministry for the past 13 months and is working like an employee to draft the policy. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya said that since the startup policy is now also in the interest of the government, they are trying to implement this policy latest by a month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Before making the startup policy, we studied the policies of various countries, including India, China, and America. While making the policy, our main priority with the government is to encourage new entrepreneurs to create a startup-friendly environment, to include in the policy topics such as giving income tax exemptions and providing subsidized loans,'' he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya informed that a comprehensive discussion on startup policy will soon be held under the coordination of the Federation of Nepalese Chamber of Commerce and Industry. After the National Startup Enterprise Policy 2079 is approved by the Ministry of Law and implemented, the startups will operate according to the new policy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The current law of Nepal defines a startup as a venture under seven years of registration, operating professionally for skill development using innovative approach and creative thinking in order to develop, produce, and distribute goods and services. A startup should improve the existing production method through the use of modern systems and technology to remove the existing problems. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that this policy, which has been gathering dust on the table of government for a long time, will be implemented soon.</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The draft proses certain criteria for a new company to be considered as a startup venture. They include:</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">1. The number of full-time workers in the enterprise is not more than 10</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">2. The total profit of the enterprise from the annual income should not exceed Rs 5 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">3. Fixed capital (excluding the value of the real estate) should not exceed Rs 20 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">4. Paid-up capital should not exceed Rs 3 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">5. The enterprise must not be operating for more than seven years</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">6. The enterprise should have two or more founders</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">7. Must have innovative approach for solving problems</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">8. Use of information technology to produce and distribute goods or services in an efficient, accessible and reliable manner or to expand the existing work in a new way</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">9. At least 5 per cent of the company's annual expenses are spent on product development, market development, and research and development</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">10. A patent or design or software of the intellectual property of the enterprise is registered or the patent or design or software is eligible for registration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Enterprises that meets at least five conditions, including two from points 7 to 10, can start a business as a startup</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businesses not considered start-up ventures (proposed)</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Not registered in Nepal according to existing laws</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- The act of importing goods or services from abroad without using information technology and without using the latest technology and research</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Blacklisted by Credit Information Center or operated by such person</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- No permanent account number for tax purposes</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- As a holding company, an enterprise classified as a medium or large industry according to the Industrial Business Act, 2076</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Other matters prohibited by prevailing laws</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16536', 'image' => '20230120102625_startup.jpg', 'article_date' => '2023-01-20 10:25:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16794', 'article_category_id' => '1', 'title' => 'Finance Ministry brings out guidelines to Slash Current Government Expenditures ', 'sub_title' => '', 'summary' => 'Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. ', 'content' => '<p> </p> <p><span style="font-size:20px">January 20: Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. </span></p> <p><span style="font-size:20px">The government has collected a revenue of Rs 462 billion till January 18 despite its target of collecting 1403 billion revenue in the current fiscal year. </span></p> <p><span style="font-size:20px">The government has spent Rs 582 billion till January 18. Out of it, Rs 460 billion is administrative expenditure while Rs 54.42 billion is capital expenses. </span></p> <p><span style="font-size:20px">The data shows that revenue is hardly enough to sustain administrative expenses of the government. The government has started off initiative to end imbalance of income and expenditure.</span></p> <p><span style="font-size:20px">The first Cabinet meeting of the Pushpa Kamal Dahal led government had decided to cut the unnecessary expenses to balance the government’s income and expenditures.</span></p> <p><span style="font-size:20px">In line with same decision, Finance Ministry has issued Guidelines to Reduce current government expenditure-2079 at the initiative of Finance Minister Bishnu Prasad Poudel. </span></p> <p><span style="font-size:20px">As per the guidelines released by Deputy Prime Minister and Minister for Finance Bishnu Poudel, the administrative and current expenses in the government agencies would be cut by 15 per cent as stated in the national budget of the current fiscal year.</span></p> <p><span style="font-size:20px">With the new guidelines in place, non-essential national and foreign trips of government officials will be discouraged. Similarly, engine oil and lubricants would be used only if needed while servicing the two-wheelers and four-wheelers.</span></p> <p><span style="font-size:20px"> Likewise, unnecessary hoarding of goods would be discouraged and the ministry's publications would be uploaded in the websites, instead of printing them.</span></p> <p><span style="font-size:20px">Furthermore, non-essential seminars, training, symposium and such activities would be discouraged and even if they required to be held the government halls would be used instead of expensive hotels.</span></p> <p><span style="font-size:20px">Additional allowances for budget drafting would not be given and only 50 per cent, i. e Rs 300 would be provided in case if it is an obligation.</span></p> <p><span style="font-size:20px">Unnecessary use of AC, heater and fan would be discouraged along with bottled water. The toner and cartridge would be refilled as far as practicable.</span></p> <p><span style="font-size:20px">The ministry stated that no new workforce would be hired on a contract and daily wage basis, besides for the approved posts.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16535', 'image' => '20230120063953_collage (70).jpg', 'article_date' => '2023-01-20 06:34:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16793', 'article_category_id' => '1', 'title' => 'Changunarayan Municipality to Tax Manufacturing and Export of Clay Bricks ', 'sub_title' => '', 'summary' => 'Changunarayan Municipality has imposed tax on the production and export of clay bricks. A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. ', 'content' => '<p><span style="font-size:18px">January 19: Changunarayan Municipality has imposed tax on the production and export of clay bricks. <br /> A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. </span></p> <p><span style="font-size:18px">While brick kiln entrepreneurs pay a certain amount of annual tax, entrepreneurs involved in manufacturing, sale and export of clay bricks have been operating their businesses without paying tax for a long time. </span></p> <p><span style="font-size:18px">The municipal assembly took the decision to tax manufacturing and export of the clay bricks to bring clay brick entrepreneurs under the tax coverage, according to Mayor Jivan Khatri.</span></p> <p><span style="font-size:18px">Entrepreneurs have been manufacturing clay bricks in the rented land of the farmers and selling them to kilns. </span></p> <p><span style="font-size:18px">The municipality has decided to collect Rs 10,000 per site for operating clay brick business and Rs 500 per ropani of land for the manufacture of clay bricks.</span></p> <p><span style="font-size:18px">Citing brick industries as major causes of pollution in Changunarayan Municipality, voices are being raised to remove such industries from the municipality. </span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16534', 'image' => '20230119054046_collage (69).jpg', 'article_date' => '2023-01-19 17:36:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '16787', 'article_category_id' => '1', 'title' => 'UML’s Devraj Ghimire Elected Speaker of HoR ', 'sub_title' => '', 'summary' => 'CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). ', 'content' => '<p> </p> <p>January 19: CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). </p> <p>Ghimire, common candidate of the ruling coalition, was elected as the HoR Speaker on Thursday.<br /> Ghimire garnered 167 votes, while his rival Nepali Congress’ Ishwori Devi Neupane received 100 votes. </p> <p>Lawmakers of the CPN-UML, CPN-Maoist Center, Rastriya Swotantra Party, Rastriya Prajatantra Party, Janata Samajwadi Party, Janamat Party, Nagarik Unmukti Party, and independent lawmakers Amresh Kumar Singh, Prabhu Sah and Yogendra Mandal had cast votes for Ghimire. </p> <p>Lawmakers from Nepali Congress, CPN-Unified Socialist, Loktantrik Samajwadi and Rastriya Janamorcha had supported NC’s Neupane for the post of Speaker. </p> <p>Out of the total 275 lawmakers, as many as 268 had participated in the voting process. One lawmaker had stayed neutral in the voting. <br /> Ghimire is the fifth Speaker of the House of Representatives after the establishment of republicanism in the country. </p> <p>Ghimire was elected as a Member of the HoR from Jhapa Constituency-2 in the election held on November 20 last year.</p> <p>Ghimire had registered his candidacy for the Speaker on behalf of the ruling coalition on Wednesday afternoon.</p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16528', 'image' => '20230119042344_collage (67).jpg', 'article_date' => '2023-01-19 16:00:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16785', 'article_category_id' => '1', 'title' => 'Farmers yet to Receive Urea Stored in Government Warehouses', 'sub_title' => '', 'summary' => 'January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. ', 'content' => '<p><span style="font-size:18px">January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. It has been almost a week since three rakes of urea arrived at the warehouse of Agricultural Inputs Company Limited in Birgunj. More fertilizer is on the way. But the farmers are complaining that they have not received fertilizer even though the government has stock of it.</span></p> <p><span style="font-size:18px">Out of the 30,000 metric tons of urea supplied by India in the first lot through the G2G process, three rakes have arrived in Birgunj by Monday. Rajendra Bahadur Karki, managing director of Agricultural Inputs Company Limited, informed that the rest of the fertilizers have arrived in Jogbani. According to Karki, it is taking some time to distribute the recently arrived fertilizer as the management team is new to the company. He admitted that the farmers did not get it because of the delay in opening the market.</span></p> <p> </p> <p><span style="font-size:18px">Bhuvaneswar Yadav, a representative farmer of Saptari, complained that even though the government has fertilizer, the farmers have not been able to top dress the wheat crop.</span></p> <p><span style="font-size:18px">He said, “We have heard the news that the government is importing urea fertilizer, but none of the farmers in the village have been able to apply it to the wheat crop.” Farmers visit the cooperatives every day, but there is no fertilizer in the cooperatives either.</span></p> <p><span style="font-size:18px">Nepal had entered into an agreement with India last February during the tenure of the then Agriculture Minister Mahindra Raya Yadav to bring a total of 935,000 tons of chemical fertilizers in five years through G2G. The MoU was signed by Dr Govinda Prasad Sharma, secretary of the ministry on behalf of Nepal and Rajesh Kumar Chaturvedi, secretary of the Ministry of Chemicals and Fertilizers, Government of India on behalf of India.</span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16526', 'image' => '20230119033104_20230119031726_urea.jpg', 'article_date' => '2023-01-19 15:29:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16784', 'article_category_id' => '1', 'title' => 'Nepal Telecom to Resolve Service Interruption', 'sub_title' => '', 'summary' => 'January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption. The mobile and PSTN telephone service of the state-owned company suffered interruption since Tuesday noon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nepal Telecom issued a statement on Wednesday stating that the customers had to face difficulties in exchanging calls for some time due to network congestion. NT is committed to providing long-term solutions to prevent the recurrence of such problems in the future, the statement added.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The company is always committed to providing uninterrupted quality telecommunication services to the customers.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The company has also requested all customers to contact 1498 and 1988 for any problem related to interruption in mobile, telephone and other services of the company. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16525', 'image' => '20230119032937_Nepal-Telecom-(NTC-Building).jpg', 'article_date' => '2023-01-19 15:29:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16781', 'article_category_id' => '1', 'title' => 'Government Fixes Support Price of Sugarcane', 'sub_title' => '', 'summary' => 'January 19: The government has fixed the price of sugarcane at Rs 540 per quintal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 19: The government has fixed the price of sugarcane at Rs 540 per quintal. This price is Rs 20 more per quintal than last year. The cabinet meeting on Wednesday decided that the government will bear the transportation cost of Rs 70 per quintal while fixing the price of sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Ministry of Agriculture and Livestock Development had failed to set the support price for sugarcane even though the sugarcane crushing season had started. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Due to this, the farmers were forced to sell sugarcane on credit to sugar mills at low prices. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The farmers were forced to deliver sugarcane to the sugar mills without getting proper price, fearing that the sugarcane would dry up in the fields. After the farmers sold off most of their produce, the cabinet determined the price upon the proposal of the Ministry of Agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At the moment, the farmers in Terai are in a rush to sell sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Farmer Brijmohan Pandey says that the sugarcane after the second week of November becomes juicy and the weight increases. After November, the juice dries up and the weight decreases. He said that it has become easy to sell sugarcane after the government fixed the price. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Finance Minister Bishnu Poudel said that problems related to the crusher industry were discussed in the meeting and a suitable decision would be reached after further study. Poudel said that each ministry has been given five days’ time to make an action plan related to each ministry for the implementation of the minimum common program of the government. Similarly, the cabinet meeting decided to transfer the Secretary of the Ministry of Energy to the Ministry of Physical Infrastructure and the Secretary of Physical Infrastructure Ministry to the Ministry of Energy and to appoint Prof Dr Devraj Adhikari as the chairman of the University Grants Commission.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It has been decided to give the responsibility of government spokesperson to Communications Minister Rekha Sharma. Until now, Deputy Prime Minister and Finance Minister Bishnu Poudel was in charge of the official spokesperson. Similarly, the Council of Ministers also decided that the staff of the Ministry of Foreign Affairs must be present when ministers meet foreign diplomats. The government took such a decision after it was heavily criticized for letting ministers meet foreign dignitaries alone.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16522', 'image' => '20230119023446_HB-KTM-IMG_0180 (1).jpg', 'article_date' => '2023-01-19 14:33:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16780', 'article_category_id' => '1', 'title' => 'Light Rainfall and Snowfall to Take Place in Western Nepal Today ', 'sub_title' => '', 'summary' => 'January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The mountainous belt including that of Sudurpaschim and Karnali provinces would witness partial to general changes and the remaining areas would see partial changes and clear weather. Likewise, light rain is predicted in one or two places of Sudurpaschim and Karnali provinces, according to the Department of Hydrology and Meteorology. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, there is a chance of light snowfall in some places of high mountainous and hill areas of Sudurpaschim, Karnali and Gandaki provinces and one to two places of high mountainous and hill areas of the remaining provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, partial to general changes in weather would occur in mountainous areas of Sudurpaschim and Karnali provinces. Light rain is predicted to take place in a few places of Sudurpaschim and Karnali provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, the minimum temperature of the Kathmandu Valley is predicted to be around 4.2 degrees centigrade and maximum temperature at 15 degrees centigrade. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16521', 'image' => '20230119103350_DB-Simkot-AirUdanb (1).jpg', 'article_date' => '2023-01-19 10:33:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16779', 'article_category_id' => '1', 'title' => 'Finance Minister Paudel Admits Economic Crisis', 'sub_title' => '', 'summary' => 'January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.</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"">He said that the ministry is working to identify the problems faced by the national economy and will prepare concrete plan and programmes after identifying the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at an interaction on ‘Economy: The Way Forward’ organized by Nepal Chamber of Commerce on Wednesday, Minister Poudel said that we faced the challenge of Indian blockade and Covid-19 but now we are in trouble.</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"">“Nepal’s economy braved difficult situations line the mega earthquakes, border blockade and Covid-19. We did not face much trouble during the economic blockade or earthquake, but question arises how we reached this disappointing stage of economy now?” he questioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">DPM Poudel said that the country’s economy faced much more crisis after onset of Russia-Ukraine war. He further said that the government is studying the reasons behind the economic downfall.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The problems are therefore being analysed closely,” said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made it clear that the government can resolve the economic crisis only after proper identification of the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government is facing worrying state of capital expenditure and revenue mobilization. The government is making necessary plans to address these problems by widening the tax net and making the tax administration effective. The government is committed to maintaining fiscal discipline, he added. </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"">DPM Poudel said that increasing the capital expenditure is the current need and the government will encourage spending in productive sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, former finance minister Dr Yubraj Khatiwada said that the government needs to do a lot to prevent Nepal’s economy from crumbling.</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"">He suggested the government that it brought to track the economy along with balance in fiscal policy and monetary policy. “There is no point in rejoicing the increase of foreign currency reserve by reducing the goods that help create capital in the country. Initiatives are essential to scale up the domestic products,” Dr Khatiwada suggested. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The former finance minister also recommended that the government effectively implemented the hedging system to bring in foreign investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, former vice chairperson of the National Planning Commission, Dr Swarnim Wagle, expressed concerns that the country was heavily dependent on remittance.</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"">At the programme, Nepal Chamber of Commerce President Rajendra Malla demanded concrete actions from the government to resolve economic problems. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16520', 'image' => '20230119103309_economic crisis.jpg', 'article_date' => '2023-01-19 10:32:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16778', 'article_category_id' => '1', 'title' => 'French Team Begins Investigation into Yeti Airlines Plane Crash', 'sub_title' => '', 'summary' => 'January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The team reached the Seti River gorge where the plane with call sign 9N-ANC had fallen deep down and crashed claiming lives of all 72 onboard and inspected the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The nine-member investigating team is being facilitated by officials from the Civil Aviation Authority of Nepal (CAAN), security personnel as well as the locals. The team also reportedly flew a drone camera to screen the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane with 72 people onboard including 68 passengers and four crew members had flown to Pokhara from Kathmandu at 10:32 am and crashed in the gorge while making a final approach for landing. So far, the dead bodies of 71 victims have already been retrieved while search is underway for one missing person, said Superintendent of Police Ajay KC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane manufacturing company is keenly studying Nepal's first ATR plane crash. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer (CDO) of Kaski, Tek Bahadur KC, said that the security agencies are deployed for search and rescue and management of dead bodies post the disasters. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial Unicode MS","sans-serif"">“</span></strong><span style="font-family:"Arial Unicode MS","sans-serif"">The matter of investigation is not related to us," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has also formed an investigation committee coordinated by Joint-Secretary at the Ministry of Culture, Tourism and Civil Aviation Buddisagar Lamichhane, which is also looking into the case. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some members of the French team have returned to Kathmandu after the on-site study of the accident while some were still in Pokhara, according to Chief of Pokhara International Airport, Bikram Gautam. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier on Monday, the 'black box' of the crashed aircraft was found. The CAAN is hopeful that the 'black box' would help find out the cause behind the air crash. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16519', 'image' => '20230119095747_KD_KASKI_ACCIDENT.jpg', 'article_date' => '2023-01-19 09:57:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16777', 'article_category_id' => '1', 'title' => 'Sagarmatha Jalbidhyut Company Ltd Issues IPO to Locals and Migrant Workers ', 'sub_title' => '', 'summary' => 'Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. ', 'content' => '<p><br /> <span style="font-size:22px">January 19: Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. </span></p> <p><span style="font-size:22px">Out of the total issued capital of Rs 1,12,0000000, the hydropower is issuing 10 per cent of the share, i.e. 11,20,000 units of shares worth Rs 11,20,00000 to the project-affected locals of Ilam district at a face value of Rs 100 per unit.</span></p> <p><span style="font-size:22px">Ten per cent of the share, which is 4,36,800 units out of the total 43,68,000 kittas of shares allocated for the general public, is being issued to Nepali citizens working in foreign countries by taking labour permission from the Department of Labour. </span></p> <p><span style="font-size:22px">Locals of project-affected district and migrant workers can apply for a minimum of 10 units of shares. The maximum units of shares that locals can apply are 10,000, while migrant workers can apply up to 50,000 kittas. </span></p> <p><span style="font-size:22px">The sale of IPO will close on February 2. If the IPO issued for locals remains under-subscribed, the deadline will be extended until February 17. The closing date, however, will not be extended for the migrant workers.</span></p> <p><span style="font-size:22px">After allotment of the shares to locals and migrant workers, the hydropower company will float the shares to the general public in the second phase. </span><br /> </p> <p><span style="font-size:22px">Prabbhu Capital is the issue and sales manager of the hydropower company. Locals can visit project site, specified branch offices of Prabhu Bank, Century Commercial Bank and Prime Commercial Bank and banks approved by Securities Board of Nepal for CASBA services to apply for the IPO. Migrant workers can apply for the IPO through Mero Share. </span></p> <p><span style="font-size:22px">Sagarmatha Jalbidhyut Company Ltd has been producing electricity from Supermai A Hydropower Project(9.6 megawatt) for the last two and a half years. Per megawatt construction cost of the hydropower stands at Rs 19.84 crores.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16518', 'image' => '20230119061615_collage (64).jpg', 'article_date' => '2023-01-19 06:08:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '16776', 'article_category_id' => '1', 'title' => 'Farmers of Solu Worried due to Delay in Snowfall', 'sub_title' => '', 'summary' => 'January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year. The crops in the district have started drying up due to lack of rainfall even after mid-January. The district used to receive snowfall and rainfall by mid-December in previous years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, the fields and hills of Solukhumbu used to be covered with snow at around this time of year. But this year, due to the lack of snow, the hills and fields are dry, said Kamichhiri Sherpa of Likhupike Rural Municipality-5.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Khumbu, the upper part of the district, received snow before mid-December last year. Farmers say that since there is no snow even after mid-January this year, the crops like potato, wheat and buckwheat have started drying up in the fields. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Hastakala Rai of Dudhkoshi Rural Municipality-5 said that the fields are becoming dry due to lack of snow. As a result, the crops planted by the farmers are drying up. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Kamingmar Sherpa of Solududhkunda Municipality-3 said that since there is no snowfall and rain this year, it is not as cold as last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The local residents here are worried because there is no snow during the winter season and the temperature is also increasing. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Environmentalist Rajan Thapa said that such a change in the environment is the result of rapid deforestation and emission of various harmful gases.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16517', 'image' => '20230118065315_242407_218728161484248_2103211_o.jpg', 'article_date' => '2023-01-18 18:52:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16775', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Halt Cable Car Construction Project in Sikles', 'sub_title' => '', 'summary' => 'The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. ', 'content' => '<p><br /> <span style="font-size:18px">January 18: The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. </span></p> <p><span style="font-size:18px">A single bench of justice Til Prasad Shrestha issued the order to this effect, stating the matter required to be finalized only after discussing with both parties due to its gravity and sensitivity. </span></p> <p><span style="font-size:18px">In response to a writ petition filed by advocate Padam Bahadur Shrestha, the order was issued in accordance with the Supreme Court Regulations, 2074.</span></p> <p><span style="font-size:18px"> The writ petition has made the Office of the Prime Minister and Council of Ministers, and the Ministry of Forest and Environment the defendants.</span></p> <p><span style="font-size:18px">The writ petition is seeking the Apex Court to annul the government decision to endorse project’s environmental impact assessment report and other government decisions and documents in this regard through the issuance of mandamus. </span></p> <p><span style="font-size:18px">Sikles Annapurna Cable Car Pvt Ltd is planning to build a cable car system in Sikles of Madi Rural Municipality, Kaski. The Sikles Cable car project will cover a distance of 6.5 kilometers. The project is estimated to cost Rs 7 billion. </span><br /> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16516', 'image' => '20230118052755_collage (65).jpg', 'article_date' => '2023-01-18 17:24:47', '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' => '16797', 'article_category_id' => '1', 'title' => '24 Flour Mills to get 30,000 Metric Tons of Wheat from India', 'sub_title' => '', 'summary' => 'January 20: The Ministry of Industry, Commerce and Supplies has requested the Indian Embassy in Kathmandu to provide 30,489 metric tons of wheat to 24 flour mills operating in Nepal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 20: The Ministry of Industry, Commerce and Supplies has requested the Indian Embassy in Kathmandu to provide 30,489 metric tons of wheat to 24 flour mills operating in Nepal. India has pledged to supply 50,000 metric tons of wheat to Nepal on needs basis. The ministry has allocated quotas for the 24 flour mills based on the recommendation of Nepal Flour Mills Association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After the Indian Embassy sends the letter to India’s Ministry of Commerce, Nepali flour mill operators will be able to buy wheat from the Indian traders of their contact.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Spokesman at the Ministry of Industry, Commerce and Supplies Dr Narayan Regmi informed that the quota for wheat imports which will be completed by March and the businessmen will be able to import the remaining quantity of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India banned wheat exports 10 months ago citing the Russia-Ukraine war and the decline in production. This had affected the Nepali industries that are chiefly dependent on India for wheat supplies. India is one of the largest wheat producers in the world. The price of fine flour in Nepal, which was Rs 50 per kg before India's export ban, has gone up to Rs 70. Similarly, the price of Rs 55 per kg of common flour has risen to Rs 76, and semolina which used to cost Rs 60 per kg now costs Rs 80 while the price of bran, which used to be sold at Rs 38 per kg has now increased to Rs 46. Industrialists say that the price of all products will be reduced by 15 percent if wheat supply from India resumes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Currently, the price of wheat in Nepal is Rs 52 per kg, and that of fine flour is Rs 70, common flour Rs 76, semolina Rs 80 and bran Rs 46. This price does not include VAT. The price of wheat in India is INR 28.50, fine flour INR 32, common flour INR 34, and bran INR 28 per kg.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businessmen say that Nepal's flour mills need 1 million metric tons of wheat annually. Kumud Dugad, president of the Nepal Flour Mills Association, said 40 percent of the demand is fulfilled by Nepal's domestic production, while the remaining 60 percent should be imported from India. He said that the production of more than two dozen industries has stopped due to the short-supply of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Secretary of the association, Bikash Begwani said that after the arrival of wheat from India, the price here will be cheaper by 15 percent and the price of flour will be cheaper by Rs 10 per kg. Begwani said that the government should request an additional 300,000 tons of wheat from India as the quota of wheat arriving in the first batch will last for just 2 weeks. He said that 300,000 tons of wheat will be sufficient till April when domestic wheat will be available in the market.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India gave permission for the export of 50,000 tons of wheat to Nepal following a request from the then Minister for Industry, Commerce and Supplies Dilendra Prasad Badu. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16538', 'image' => '20230120013206_wheatttttt.jpg', 'article_date' => '2023-01-20 13:31:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16796', 'article_category_id' => '1', 'title' => 'Snowfall in Humla ', 'sub_title' => '', 'summary' => 'January 20: Humla district witnessed a snowfall from last night, the first during this winter. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 20: Humla district witnessed a snowfall from last night, the first during this winter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the previous years, the district used to receive snowfall in December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The locals in the district headquarters Simkot have been enjoying the snowfall that occurred after a long gap. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the heavy snowfall has affected the normal life in the northern belt of the district. Local residents said that normal life has come to a standstill at Limi village in Namkha Rural Municipality-6 due to the heavy snowfall. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The villages including Limi, Muchu, Khagalgaun, Til and Jang have received heavy snowfall, affecting the normal life and locals’ mobility there. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the meantime, the farmers are hopeful of good production of millet, buckwheat and other winter crops. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16537', 'image' => '20230120114200_DB_Simkot-2.jpg', 'article_date' => '2023-01-20 11:41:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16795', 'article_category_id' => '1', 'title' => 'National Startup Enterprise Policy to be Unveiled within this Fiscal Year', 'sub_title' => '', 'summary' => 'January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. The policy has been under discussion for a long time. The ministry is currently discussing the draft of the policy with various stakeholders, including the Ministry of Finance, the National Planning Commission, the Federation of Nepalese Chamber of Commerce, Confederation of Nepalese Industries among others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Baburam Gautam, joint secretary of the Ministry of Industry, Commerce and Supplies, said that the 'National Startup Enterprise Policy 2079' is under internal discussion. Gautam said that the draft is currently being discussed at various stages in the ministry, and it is ready to be released in this fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As there is no other provision regarding the registration of startup enterprises and businesses, startups are placed under micro, domestic and small industries, according to the existing laws.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneur Ranjit Acharya, who is representing NYEF of the Federation of Nepalese Industries and Commerce, said he has been present at the ministry for the past 13 months and is working like an employee to draft the policy. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya said that since the startup policy is now also in the interest of the government, they are trying to implement this policy latest by a month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Before making the startup policy, we studied the policies of various countries, including India, China, and America. While making the policy, our main priority with the government is to encourage new entrepreneurs to create a startup-friendly environment, to include in the policy topics such as giving income tax exemptions and providing subsidized loans,'' he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya informed that a comprehensive discussion on startup policy will soon be held under the coordination of the Federation of Nepalese Chamber of Commerce and Industry. After the National Startup Enterprise Policy 2079 is approved by the Ministry of Law and implemented, the startups will operate according to the new policy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The current law of Nepal defines a startup as a venture under seven years of registration, operating professionally for skill development using innovative approach and creative thinking in order to develop, produce, and distribute goods and services. A startup should improve the existing production method through the use of modern systems and technology to remove the existing problems. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that this policy, which has been gathering dust on the table of government for a long time, will be implemented soon.</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The draft proses certain criteria for a new company to be considered as a startup venture. They include:</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">1. The number of full-time workers in the enterprise is not more than 10</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">2. The total profit of the enterprise from the annual income should not exceed Rs 5 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">3. Fixed capital (excluding the value of the real estate) should not exceed Rs 20 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">4. Paid-up capital should not exceed Rs 3 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">5. The enterprise must not be operating for more than seven years</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">6. The enterprise should have two or more founders</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">7. Must have innovative approach for solving problems</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">8. Use of information technology to produce and distribute goods or services in an efficient, accessible and reliable manner or to expand the existing work in a new way</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">9. At least 5 per cent of the company's annual expenses are spent on product development, market development, and research and development</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">10. A patent or design or software of the intellectual property of the enterprise is registered or the patent or design or software is eligible for registration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Enterprises that meets at least five conditions, including two from points 7 to 10, can start a business as a startup</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businesses not considered start-up ventures (proposed)</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Not registered in Nepal according to existing laws</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- The act of importing goods or services from abroad without using information technology and without using the latest technology and research</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Blacklisted by Credit Information Center or operated by such person</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- No permanent account number for tax purposes</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- As a holding company, an enterprise classified as a medium or large industry according to the Industrial Business Act, 2076</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Other matters prohibited by prevailing laws</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16536', 'image' => '20230120102625_startup.jpg', 'article_date' => '2023-01-20 10:25:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16794', 'article_category_id' => '1', 'title' => 'Finance Ministry brings out guidelines to Slash Current Government Expenditures ', 'sub_title' => '', 'summary' => 'Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. ', 'content' => '<p> </p> <p><span style="font-size:20px">January 20: Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. </span></p> <p><span style="font-size:20px">The government has collected a revenue of Rs 462 billion till January 18 despite its target of collecting 1403 billion revenue in the current fiscal year. </span></p> <p><span style="font-size:20px">The government has spent Rs 582 billion till January 18. Out of it, Rs 460 billion is administrative expenditure while Rs 54.42 billion is capital expenses. </span></p> <p><span style="font-size:20px">The data shows that revenue is hardly enough to sustain administrative expenses of the government. The government has started off initiative to end imbalance of income and expenditure.</span></p> <p><span style="font-size:20px">The first Cabinet meeting of the Pushpa Kamal Dahal led government had decided to cut the unnecessary expenses to balance the government’s income and expenditures.</span></p> <p><span style="font-size:20px">In line with same decision, Finance Ministry has issued Guidelines to Reduce current government expenditure-2079 at the initiative of Finance Minister Bishnu Prasad Poudel. </span></p> <p><span style="font-size:20px">As per the guidelines released by Deputy Prime Minister and Minister for Finance Bishnu Poudel, the administrative and current expenses in the government agencies would be cut by 15 per cent as stated in the national budget of the current fiscal year.</span></p> <p><span style="font-size:20px">With the new guidelines in place, non-essential national and foreign trips of government officials will be discouraged. Similarly, engine oil and lubricants would be used only if needed while servicing the two-wheelers and four-wheelers.</span></p> <p><span style="font-size:20px"> Likewise, unnecessary hoarding of goods would be discouraged and the ministry's publications would be uploaded in the websites, instead of printing them.</span></p> <p><span style="font-size:20px">Furthermore, non-essential seminars, training, symposium and such activities would be discouraged and even if they required to be held the government halls would be used instead of expensive hotels.</span></p> <p><span style="font-size:20px">Additional allowances for budget drafting would not be given and only 50 per cent, i. e Rs 300 would be provided in case if it is an obligation.</span></p> <p><span style="font-size:20px">Unnecessary use of AC, heater and fan would be discouraged along with bottled water. The toner and cartridge would be refilled as far as practicable.</span></p> <p><span style="font-size:20px">The ministry stated that no new workforce would be hired on a contract and daily wage basis, besides for the approved posts.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16535', 'image' => '20230120063953_collage (70).jpg', 'article_date' => '2023-01-20 06:34:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16793', 'article_category_id' => '1', 'title' => 'Changunarayan Municipality to Tax Manufacturing and Export of Clay Bricks ', 'sub_title' => '', 'summary' => 'Changunarayan Municipality has imposed tax on the production and export of clay bricks. A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. ', 'content' => '<p><span style="font-size:18px">January 19: Changunarayan Municipality has imposed tax on the production and export of clay bricks. <br /> A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. </span></p> <p><span style="font-size:18px">While brick kiln entrepreneurs pay a certain amount of annual tax, entrepreneurs involved in manufacturing, sale and export of clay bricks have been operating their businesses without paying tax for a long time. </span></p> <p><span style="font-size:18px">The municipal assembly took the decision to tax manufacturing and export of the clay bricks to bring clay brick entrepreneurs under the tax coverage, according to Mayor Jivan Khatri.</span></p> <p><span style="font-size:18px">Entrepreneurs have been manufacturing clay bricks in the rented land of the farmers and selling them to kilns. </span></p> <p><span style="font-size:18px">The municipality has decided to collect Rs 10,000 per site for operating clay brick business and Rs 500 per ropani of land for the manufacture of clay bricks.</span></p> <p><span style="font-size:18px">Citing brick industries as major causes of pollution in Changunarayan Municipality, voices are being raised to remove such industries from the municipality. </span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16534', 'image' => '20230119054046_collage (69).jpg', 'article_date' => '2023-01-19 17:36:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '16787', 'article_category_id' => '1', 'title' => 'UML’s Devraj Ghimire Elected Speaker of HoR ', 'sub_title' => '', 'summary' => 'CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). ', 'content' => '<p> </p> <p>January 19: CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). </p> <p>Ghimire, common candidate of the ruling coalition, was elected as the HoR Speaker on Thursday.<br /> Ghimire garnered 167 votes, while his rival Nepali Congress’ Ishwori Devi Neupane received 100 votes. </p> <p>Lawmakers of the CPN-UML, CPN-Maoist Center, Rastriya Swotantra Party, Rastriya Prajatantra Party, Janata Samajwadi Party, Janamat Party, Nagarik Unmukti Party, and independent lawmakers Amresh Kumar Singh, Prabhu Sah and Yogendra Mandal had cast votes for Ghimire. </p> <p>Lawmakers from Nepali Congress, CPN-Unified Socialist, Loktantrik Samajwadi and Rastriya Janamorcha had supported NC’s Neupane for the post of Speaker. </p> <p>Out of the total 275 lawmakers, as many as 268 had participated in the voting process. One lawmaker had stayed neutral in the voting. <br /> Ghimire is the fifth Speaker of the House of Representatives after the establishment of republicanism in the country. </p> <p>Ghimire was elected as a Member of the HoR from Jhapa Constituency-2 in the election held on November 20 last year.</p> <p>Ghimire had registered his candidacy for the Speaker on behalf of the ruling coalition on Wednesday afternoon.</p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16528', 'image' => '20230119042344_collage (67).jpg', 'article_date' => '2023-01-19 16:00:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16785', 'article_category_id' => '1', 'title' => 'Farmers yet to Receive Urea Stored in Government Warehouses', 'sub_title' => '', 'summary' => 'January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. ', 'content' => '<p><span style="font-size:18px">January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. It has been almost a week since three rakes of urea arrived at the warehouse of Agricultural Inputs Company Limited in Birgunj. More fertilizer is on the way. But the farmers are complaining that they have not received fertilizer even though the government has stock of it.</span></p> <p><span style="font-size:18px">Out of the 30,000 metric tons of urea supplied by India in the first lot through the G2G process, three rakes have arrived in Birgunj by Monday. Rajendra Bahadur Karki, managing director of Agricultural Inputs Company Limited, informed that the rest of the fertilizers have arrived in Jogbani. According to Karki, it is taking some time to distribute the recently arrived fertilizer as the management team is new to the company. He admitted that the farmers did not get it because of the delay in opening the market.</span></p> <p> </p> <p><span style="font-size:18px">Bhuvaneswar Yadav, a representative farmer of Saptari, complained that even though the government has fertilizer, the farmers have not been able to top dress the wheat crop.</span></p> <p><span style="font-size:18px">He said, “We have heard the news that the government is importing urea fertilizer, but none of the farmers in the village have been able to apply it to the wheat crop.” Farmers visit the cooperatives every day, but there is no fertilizer in the cooperatives either.</span></p> <p><span style="font-size:18px">Nepal had entered into an agreement with India last February during the tenure of the then Agriculture Minister Mahindra Raya Yadav to bring a total of 935,000 tons of chemical fertilizers in five years through G2G. The MoU was signed by Dr Govinda Prasad Sharma, secretary of the ministry on behalf of Nepal and Rajesh Kumar Chaturvedi, secretary of the Ministry of Chemicals and Fertilizers, Government of India on behalf of India.</span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16526', 'image' => '20230119033104_20230119031726_urea.jpg', 'article_date' => '2023-01-19 15:29:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16784', 'article_category_id' => '1', 'title' => 'Nepal Telecom to Resolve Service Interruption', 'sub_title' => '', 'summary' => 'January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption. The mobile and PSTN telephone service of the state-owned company suffered interruption since Tuesday noon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nepal Telecom issued a statement on Wednesday stating that the customers had to face difficulties in exchanging calls for some time due to network congestion. NT is committed to providing long-term solutions to prevent the recurrence of such problems in the future, the statement added.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The company is always committed to providing uninterrupted quality telecommunication services to the customers.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The company has also requested all customers to contact 1498 and 1988 for any problem related to interruption in mobile, telephone and other services of the company. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16525', 'image' => '20230119032937_Nepal-Telecom-(NTC-Building).jpg', 'article_date' => '2023-01-19 15:29:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16781', 'article_category_id' => '1', 'title' => 'Government Fixes Support Price of Sugarcane', 'sub_title' => '', 'summary' => 'January 19: The government has fixed the price of sugarcane at Rs 540 per quintal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 19: The government has fixed the price of sugarcane at Rs 540 per quintal. This price is Rs 20 more per quintal than last year. The cabinet meeting on Wednesday decided that the government will bear the transportation cost of Rs 70 per quintal while fixing the price of sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Ministry of Agriculture and Livestock Development had failed to set the support price for sugarcane even though the sugarcane crushing season had started. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Due to this, the farmers were forced to sell sugarcane on credit to sugar mills at low prices. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The farmers were forced to deliver sugarcane to the sugar mills without getting proper price, fearing that the sugarcane would dry up in the fields. After the farmers sold off most of their produce, the cabinet determined the price upon the proposal of the Ministry of Agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At the moment, the farmers in Terai are in a rush to sell sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Farmer Brijmohan Pandey says that the sugarcane after the second week of November becomes juicy and the weight increases. After November, the juice dries up and the weight decreases. He said that it has become easy to sell sugarcane after the government fixed the price. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Finance Minister Bishnu Poudel said that problems related to the crusher industry were discussed in the meeting and a suitable decision would be reached after further study. Poudel said that each ministry has been given five days’ time to make an action plan related to each ministry for the implementation of the minimum common program of the government. Similarly, the cabinet meeting decided to transfer the Secretary of the Ministry of Energy to the Ministry of Physical Infrastructure and the Secretary of Physical Infrastructure Ministry to the Ministry of Energy and to appoint Prof Dr Devraj Adhikari as the chairman of the University Grants Commission.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It has been decided to give the responsibility of government spokesperson to Communications Minister Rekha Sharma. Until now, Deputy Prime Minister and Finance Minister Bishnu Poudel was in charge of the official spokesperson. Similarly, the Council of Ministers also decided that the staff of the Ministry of Foreign Affairs must be present when ministers meet foreign diplomats. The government took such a decision after it was heavily criticized for letting ministers meet foreign dignitaries alone.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16522', 'image' => '20230119023446_HB-KTM-IMG_0180 (1).jpg', 'article_date' => '2023-01-19 14:33:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16780', 'article_category_id' => '1', 'title' => 'Light Rainfall and Snowfall to Take Place in Western Nepal Today ', 'sub_title' => '', 'summary' => 'January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The mountainous belt including that of Sudurpaschim and Karnali provinces would witness partial to general changes and the remaining areas would see partial changes and clear weather. Likewise, light rain is predicted in one or two places of Sudurpaschim and Karnali provinces, according to the Department of Hydrology and Meteorology. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, there is a chance of light snowfall in some places of high mountainous and hill areas of Sudurpaschim, Karnali and Gandaki provinces and one to two places of high mountainous and hill areas of the remaining provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, partial to general changes in weather would occur in mountainous areas of Sudurpaschim and Karnali provinces. Light rain is predicted to take place in a few places of Sudurpaschim and Karnali provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, the minimum temperature of the Kathmandu Valley is predicted to be around 4.2 degrees centigrade and maximum temperature at 15 degrees centigrade. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16521', 'image' => '20230119103350_DB-Simkot-AirUdanb (1).jpg', 'article_date' => '2023-01-19 10:33:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16779', 'article_category_id' => '1', 'title' => 'Finance Minister Paudel Admits Economic Crisis', 'sub_title' => '', 'summary' => 'January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.</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"">He said that the ministry is working to identify the problems faced by the national economy and will prepare concrete plan and programmes after identifying the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at an interaction on ‘Economy: The Way Forward’ organized by Nepal Chamber of Commerce on Wednesday, Minister Poudel said that we faced the challenge of Indian blockade and Covid-19 but now we are in trouble.</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"">“Nepal’s economy braved difficult situations line the mega earthquakes, border blockade and Covid-19. We did not face much trouble during the economic blockade or earthquake, but question arises how we reached this disappointing stage of economy now?” he questioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">DPM Poudel said that the country’s economy faced much more crisis after onset of Russia-Ukraine war. He further said that the government is studying the reasons behind the economic downfall.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The problems are therefore being analysed closely,” said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made it clear that the government can resolve the economic crisis only after proper identification of the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government is facing worrying state of capital expenditure and revenue mobilization. The government is making necessary plans to address these problems by widening the tax net and making the tax administration effective. The government is committed to maintaining fiscal discipline, he added. </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"">DPM Poudel said that increasing the capital expenditure is the current need and the government will encourage spending in productive sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, former finance minister Dr Yubraj Khatiwada said that the government needs to do a lot to prevent Nepal’s economy from crumbling.</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"">He suggested the government that it brought to track the economy along with balance in fiscal policy and monetary policy. “There is no point in rejoicing the increase of foreign currency reserve by reducing the goods that help create capital in the country. Initiatives are essential to scale up the domestic products,” Dr Khatiwada suggested. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The former finance minister also recommended that the government effectively implemented the hedging system to bring in foreign investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, former vice chairperson of the National Planning Commission, Dr Swarnim Wagle, expressed concerns that the country was heavily dependent on remittance.</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"">At the programme, Nepal Chamber of Commerce President Rajendra Malla demanded concrete actions from the government to resolve economic problems. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16520', 'image' => '20230119103309_economic crisis.jpg', 'article_date' => '2023-01-19 10:32:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16778', 'article_category_id' => '1', 'title' => 'French Team Begins Investigation into Yeti Airlines Plane Crash', 'sub_title' => '', 'summary' => 'January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The team reached the Seti River gorge where the plane with call sign 9N-ANC had fallen deep down and crashed claiming lives of all 72 onboard and inspected the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The nine-member investigating team is being facilitated by officials from the Civil Aviation Authority of Nepal (CAAN), security personnel as well as the locals. The team also reportedly flew a drone camera to screen the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane with 72 people onboard including 68 passengers and four crew members had flown to Pokhara from Kathmandu at 10:32 am and crashed in the gorge while making a final approach for landing. So far, the dead bodies of 71 victims have already been retrieved while search is underway for one missing person, said Superintendent of Police Ajay KC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane manufacturing company is keenly studying Nepal's first ATR plane crash. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer (CDO) of Kaski, Tek Bahadur KC, said that the security agencies are deployed for search and rescue and management of dead bodies post the disasters. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial Unicode MS","sans-serif"">“</span></strong><span style="font-family:"Arial Unicode MS","sans-serif"">The matter of investigation is not related to us," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has also formed an investigation committee coordinated by Joint-Secretary at the Ministry of Culture, Tourism and Civil Aviation Buddisagar Lamichhane, which is also looking into the case. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some members of the French team have returned to Kathmandu after the on-site study of the accident while some were still in Pokhara, according to Chief of Pokhara International Airport, Bikram Gautam. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier on Monday, the 'black box' of the crashed aircraft was found. The CAAN is hopeful that the 'black box' would help find out the cause behind the air crash. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16519', 'image' => '20230119095747_KD_KASKI_ACCIDENT.jpg', 'article_date' => '2023-01-19 09:57:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16777', 'article_category_id' => '1', 'title' => 'Sagarmatha Jalbidhyut Company Ltd Issues IPO to Locals and Migrant Workers ', 'sub_title' => '', 'summary' => 'Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. ', 'content' => '<p><br /> <span style="font-size:22px">January 19: Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. </span></p> <p><span style="font-size:22px">Out of the total issued capital of Rs 1,12,0000000, the hydropower is issuing 10 per cent of the share, i.e. 11,20,000 units of shares worth Rs 11,20,00000 to the project-affected locals of Ilam district at a face value of Rs 100 per unit.</span></p> <p><span style="font-size:22px">Ten per cent of the share, which is 4,36,800 units out of the total 43,68,000 kittas of shares allocated for the general public, is being issued to Nepali citizens working in foreign countries by taking labour permission from the Department of Labour. </span></p> <p><span style="font-size:22px">Locals of project-affected district and migrant workers can apply for a minimum of 10 units of shares. The maximum units of shares that locals can apply are 10,000, while migrant workers can apply up to 50,000 kittas. </span></p> <p><span style="font-size:22px">The sale of IPO will close on February 2. If the IPO issued for locals remains under-subscribed, the deadline will be extended until February 17. The closing date, however, will not be extended for the migrant workers.</span></p> <p><span style="font-size:22px">After allotment of the shares to locals and migrant workers, the hydropower company will float the shares to the general public in the second phase. </span><br /> </p> <p><span style="font-size:22px">Prabbhu Capital is the issue and sales manager of the hydropower company. Locals can visit project site, specified branch offices of Prabhu Bank, Century Commercial Bank and Prime Commercial Bank and banks approved by Securities Board of Nepal for CASBA services to apply for the IPO. Migrant workers can apply for the IPO through Mero Share. </span></p> <p><span style="font-size:22px">Sagarmatha Jalbidhyut Company Ltd has been producing electricity from Supermai A Hydropower Project(9.6 megawatt) for the last two and a half years. Per megawatt construction cost of the hydropower stands at Rs 19.84 crores.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16518', 'image' => '20230119061615_collage (64).jpg', 'article_date' => '2023-01-19 06:08:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '16776', 'article_category_id' => '1', 'title' => 'Farmers of Solu Worried due to Delay in Snowfall', 'sub_title' => '', 'summary' => 'January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year. The crops in the district have started drying up due to lack of rainfall even after mid-January. The district used to receive snowfall and rainfall by mid-December in previous years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, the fields and hills of Solukhumbu used to be covered with snow at around this time of year. But this year, due to the lack of snow, the hills and fields are dry, said Kamichhiri Sherpa of Likhupike Rural Municipality-5.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Khumbu, the upper part of the district, received snow before mid-December last year. Farmers say that since there is no snow even after mid-January this year, the crops like potato, wheat and buckwheat have started drying up in the fields. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Hastakala Rai of Dudhkoshi Rural Municipality-5 said that the fields are becoming dry due to lack of snow. As a result, the crops planted by the farmers are drying up. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Kamingmar Sherpa of Solududhkunda Municipality-3 said that since there is no snowfall and rain this year, it is not as cold as last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The local residents here are worried because there is no snow during the winter season and the temperature is also increasing. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Environmentalist Rajan Thapa said that such a change in the environment is the result of rapid deforestation and emission of various harmful gases.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16517', 'image' => '20230118065315_242407_218728161484248_2103211_o.jpg', 'article_date' => '2023-01-18 18:52:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16775', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Halt Cable Car Construction Project in Sikles', 'sub_title' => '', 'summary' => 'The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. ', 'content' => '<p><br /> <span style="font-size:18px">January 18: The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. </span></p> <p><span style="font-size:18px">A single bench of justice Til Prasad Shrestha issued the order to this effect, stating the matter required to be finalized only after discussing with both parties due to its gravity and sensitivity. </span></p> <p><span style="font-size:18px">In response to a writ petition filed by advocate Padam Bahadur Shrestha, the order was issued in accordance with the Supreme Court Regulations, 2074.</span></p> <p><span style="font-size:18px"> The writ petition has made the Office of the Prime Minister and Council of Ministers, and the Ministry of Forest and Environment the defendants.</span></p> <p><span style="font-size:18px">The writ petition is seeking the Apex Court to annul the government decision to endorse project’s environmental impact assessment report and other government decisions and documents in this regard through the issuance of mandamus. </span></p> <p><span style="font-size:18px">Sikles Annapurna Cable Car Pvt Ltd is planning to build a cable car system in Sikles of Madi Rural Municipality, Kaski. The Sikles Cable car project will cover a distance of 6.5 kilometers. The project is estimated to cost Rs 7 billion. </span><br /> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16516', 'image' => '20230118052755_collage (65).jpg', 'article_date' => '2023-01-18 17:24:47', '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
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India has pledged to supply 50,000 metric tons of wheat to Nepal on needs basis. The ministry has allocated quotas for the 24 flour mills based on the recommendation of Nepal Flour Mills Association.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After the Indian Embassy sends the letter to India’s Ministry of Commerce, Nepali flour mill operators will be able to buy wheat from the Indian traders of their contact.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Spokesman at the Ministry of Industry, Commerce and Supplies Dr Narayan Regmi informed that the quota for wheat imports which will be completed by March and the businessmen will be able to import the remaining quantity of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India banned wheat exports 10 months ago citing the Russia-Ukraine war and the decline in production. This had affected the Nepali industries that are chiefly dependent on India for wheat supplies. India is one of the largest wheat producers in the world. The price of fine flour in Nepal, which was Rs 50 per kg before India's export ban, has gone up to Rs 70. Similarly, the price of Rs 55 per kg of common flour has risen to Rs 76, and semolina which used to cost Rs 60 per kg now costs Rs 80 while the price of bran, which used to be sold at Rs 38 per kg has now increased to Rs 46. Industrialists say that the price of all products will be reduced by 15 percent if wheat supply from India resumes.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Currently, the price of wheat in Nepal is Rs 52 per kg, and that of fine flour is Rs 70, common flour Rs 76, semolina Rs 80 and bran Rs 46. This price does not include VAT. The price of wheat in India is INR 28.50, fine flour INR 32, common flour INR 34, and bran INR 28 per kg.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businessmen say that Nepal's flour mills need 1 million metric tons of wheat annually. Kumud Dugad, president of the Nepal Flour Mills Association, said 40 percent of the demand is fulfilled by Nepal's domestic production, while the remaining 60 percent should be imported from India. He said that the production of more than two dozen industries has stopped due to the short-supply of wheat.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Secretary of the association, Bikash Begwani said that after the arrival of wheat from India, the price here will be cheaper by 15 percent and the price of flour will be cheaper by Rs 10 per kg. Begwani said that the government should request an additional 300,000 tons of wheat from India as the quota of wheat arriving in the first batch will last for just 2 weeks. He said that 300,000 tons of wheat will be sufficient till April when domestic wheat will be available in the market.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">India gave permission for the export of 50,000 tons of wheat to Nepal following a request from the then Minister for Industry, Commerce and Supplies Dilendra Prasad Badu. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16538', 'image' => '20230120013206_wheatttttt.jpg', 'article_date' => '2023-01-20 13:31:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16796', 'article_category_id' => '1', 'title' => 'Snowfall in Humla ', 'sub_title' => '', 'summary' => 'January 20: Humla district witnessed a snowfall from last night, the first during this winter. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 20: Humla district witnessed a snowfall from last night, the first during this winter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the previous years, the district used to receive snowfall in December. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The locals in the district headquarters Simkot have been enjoying the snowfall that occurred after a long gap. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the heavy snowfall has affected the normal life in the northern belt of the district. Local residents said that normal life has come to a standstill at Limi village in Namkha Rural Municipality-6 due to the heavy snowfall. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The villages including Limi, Muchu, Khagalgaun, Til and Jang have received heavy snowfall, affecting the normal life and locals’ mobility there. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the meantime, the farmers are hopeful of good production of millet, buckwheat and other winter crops. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16537', 'image' => '20230120114200_DB_Simkot-2.jpg', 'article_date' => '2023-01-20 11:41:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16795', 'article_category_id' => '1', 'title' => 'National Startup Enterprise Policy to be Unveiled within this Fiscal Year', 'sub_title' => '', 'summary' => 'January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 20: The Ministry of Industry, Commerce and Supplies is preparing to unveil the 'National Startup Enterprise Policy' within the current fiscacl year. The policy has been under discussion for a long time. The ministry is currently discussing the draft of the policy with various stakeholders, including the Ministry of Finance, the National Planning Commission, the Federation of Nepalese Chamber of Commerce, Confederation of Nepalese Industries among others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Baburam Gautam, joint secretary of the Ministry of Industry, Commerce and Supplies, said that the 'National Startup Enterprise Policy 2079' is under internal discussion. Gautam said that the draft is currently being discussed at various stages in the ministry, and it is ready to be released in this fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As there is no other provision regarding the registration of startup enterprises and businesses, startups are placed under micro, domestic and small industries, according to the existing laws.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneur Ranjit Acharya, who is representing NYEF of the Federation of Nepalese Industries and Commerce, said he has been present at the ministry for the past 13 months and is working like an employee to draft the policy. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya said that since the startup policy is now also in the interest of the government, they are trying to implement this policy latest by a month.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">“Before making the startup policy, we studied the policies of various countries, including India, China, and America. While making the policy, our main priority with the government is to encourage new entrepreneurs to create a startup-friendly environment, to include in the policy topics such as giving income tax exemptions and providing subsidized loans,'' he said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Acharya informed that a comprehensive discussion on startup policy will soon be held under the coordination of the Federation of Nepalese Chamber of Commerce and Industry. After the National Startup Enterprise Policy 2079 is approved by the Ministry of Law and implemented, the startups will operate according to the new policy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The current law of Nepal defines a startup as a venture under seven years of registration, operating professionally for skill development using innovative approach and creative thinking in order to develop, produce, and distribute goods and services. A startup should improve the existing production method through the use of modern systems and technology to remove the existing problems. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that this policy, which has been gathering dust on the table of government for a long time, will be implemented soon.</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The draft proses certain criteria for a new company to be considered as a startup venture. They include:</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">1. The number of full-time workers in the enterprise is not more than 10</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">2. The total profit of the enterprise from the annual income should not exceed Rs 5 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">3. Fixed capital (excluding the value of the real estate) should not exceed Rs 20 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">4. Paid-up capital should not exceed Rs 3 million</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">5. The enterprise must not be operating for more than seven years</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">6. The enterprise should have two or more founders</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">7. Must have innovative approach for solving problems</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">8. Use of information technology to produce and distribute goods or services in an efficient, accessible and reliable manner or to expand the existing work in a new way</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">9. At least 5 per cent of the company's annual expenses are spent on product development, market development, and research and development</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">10. A patent or design or software of the intellectual property of the enterprise is registered or the patent or design or software is eligible for registration.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Enterprises that meets at least five conditions, including two from points 7 to 10, can start a business as a startup</span></span></p> <p> </p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Businesses not considered start-up ventures (proposed)</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Not registered in Nepal according to existing laws</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- The act of importing goods or services from abroad without using information technology and without using the latest technology and research</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Blacklisted by Credit Information Center or operated by such person</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- No permanent account number for tax purposes</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- As a holding company, an enterprise classified as a medium or large industry according to the Industrial Business Act, 2076</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">- Other matters prohibited by prevailing laws</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16536', 'image' => '20230120102625_startup.jpg', 'article_date' => '2023-01-20 10:25:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16794', 'article_category_id' => '1', 'title' => 'Finance Ministry brings out guidelines to Slash Current Government Expenditures ', 'sub_title' => '', 'summary' => 'Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. ', 'content' => '<p> </p> <p><span style="font-size:20px">January 20: Government’s financial account is under pressure. Government expenditure exceeding the income has caused imbalance to persist. </span></p> <p><span style="font-size:20px">The government has collected a revenue of Rs 462 billion till January 18 despite its target of collecting 1403 billion revenue in the current fiscal year. </span></p> <p><span style="font-size:20px">The government has spent Rs 582 billion till January 18. Out of it, Rs 460 billion is administrative expenditure while Rs 54.42 billion is capital expenses. </span></p> <p><span style="font-size:20px">The data shows that revenue is hardly enough to sustain administrative expenses of the government. The government has started off initiative to end imbalance of income and expenditure.</span></p> <p><span style="font-size:20px">The first Cabinet meeting of the Pushpa Kamal Dahal led government had decided to cut the unnecessary expenses to balance the government’s income and expenditures.</span></p> <p><span style="font-size:20px">In line with same decision, Finance Ministry has issued Guidelines to Reduce current government expenditure-2079 at the initiative of Finance Minister Bishnu Prasad Poudel. </span></p> <p><span style="font-size:20px">As per the guidelines released by Deputy Prime Minister and Minister for Finance Bishnu Poudel, the administrative and current expenses in the government agencies would be cut by 15 per cent as stated in the national budget of the current fiscal year.</span></p> <p><span style="font-size:20px">With the new guidelines in place, non-essential national and foreign trips of government officials will be discouraged. Similarly, engine oil and lubricants would be used only if needed while servicing the two-wheelers and four-wheelers.</span></p> <p><span style="font-size:20px"> Likewise, unnecessary hoarding of goods would be discouraged and the ministry's publications would be uploaded in the websites, instead of printing them.</span></p> <p><span style="font-size:20px">Furthermore, non-essential seminars, training, symposium and such activities would be discouraged and even if they required to be held the government halls would be used instead of expensive hotels.</span></p> <p><span style="font-size:20px">Additional allowances for budget drafting would not be given and only 50 per cent, i. e Rs 300 would be provided in case if it is an obligation.</span></p> <p><span style="font-size:20px">Unnecessary use of AC, heater and fan would be discouraged along with bottled water. The toner and cartridge would be refilled as far as practicable.</span></p> <p><span style="font-size:20px">The ministry stated that no new workforce would be hired on a contract and daily wage basis, besides for the approved posts.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-20', 'modified' => '2023-01-20', 'keywords' => '', 'description' => '', 'sortorder' => '16535', 'image' => '20230120063953_collage (70).jpg', 'article_date' => '2023-01-20 06:34:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '16793', 'article_category_id' => '1', 'title' => 'Changunarayan Municipality to Tax Manufacturing and Export of Clay Bricks ', 'sub_title' => '', 'summary' => 'Changunarayan Municipality has imposed tax on the production and export of clay bricks. A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. ', 'content' => '<p><span style="font-size:18px">January 19: Changunarayan Municipality has imposed tax on the production and export of clay bricks. <br /> A 12th meeting of the Municipal Assembly took the decision to this effect as part of its strategy to expand tax coverage/base. </span></p> <p><span style="font-size:18px">While brick kiln entrepreneurs pay a certain amount of annual tax, entrepreneurs involved in manufacturing, sale and export of clay bricks have been operating their businesses without paying tax for a long time. </span></p> <p><span style="font-size:18px">The municipal assembly took the decision to tax manufacturing and export of the clay bricks to bring clay brick entrepreneurs under the tax coverage, according to Mayor Jivan Khatri.</span></p> <p><span style="font-size:18px">Entrepreneurs have been manufacturing clay bricks in the rented land of the farmers and selling them to kilns. </span></p> <p><span style="font-size:18px">The municipality has decided to collect Rs 10,000 per site for operating clay brick business and Rs 500 per ropani of land for the manufacture of clay bricks.</span></p> <p><span style="font-size:18px">Citing brick industries as major causes of pollution in Changunarayan Municipality, voices are being raised to remove such industries from the municipality. </span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16534', 'image' => '20230119054046_collage (69).jpg', 'article_date' => '2023-01-19 17:36:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '16787', 'article_category_id' => '1', 'title' => 'UML’s Devraj Ghimire Elected Speaker of HoR ', 'sub_title' => '', 'summary' => 'CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). ', 'content' => '<p> </p> <p>January 19: CPN-UML leader Devraj Ghimire has been elected as the Speaker of House of Representatives (HoR). </p> <p>Ghimire, common candidate of the ruling coalition, was elected as the HoR Speaker on Thursday.<br /> Ghimire garnered 167 votes, while his rival Nepali Congress’ Ishwori Devi Neupane received 100 votes. </p> <p>Lawmakers of the CPN-UML, CPN-Maoist Center, Rastriya Swotantra Party, Rastriya Prajatantra Party, Janata Samajwadi Party, Janamat Party, Nagarik Unmukti Party, and independent lawmakers Amresh Kumar Singh, Prabhu Sah and Yogendra Mandal had cast votes for Ghimire. </p> <p>Lawmakers from Nepali Congress, CPN-Unified Socialist, Loktantrik Samajwadi and Rastriya Janamorcha had supported NC’s Neupane for the post of Speaker. </p> <p>Out of the total 275 lawmakers, as many as 268 had participated in the voting process. One lawmaker had stayed neutral in the voting. <br /> Ghimire is the fifth Speaker of the House of Representatives after the establishment of republicanism in the country. </p> <p>Ghimire was elected as a Member of the HoR from Jhapa Constituency-2 in the election held on November 20 last year.</p> <p>Ghimire had registered his candidacy for the Speaker on behalf of the ruling coalition on Wednesday afternoon.</p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16528', 'image' => '20230119042344_collage (67).jpg', 'article_date' => '2023-01-19 16:00:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '16785', 'article_category_id' => '1', 'title' => 'Farmers yet to Receive Urea Stored in Government Warehouses', 'sub_title' => '', 'summary' => 'January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. ', 'content' => '<p><span style="font-size:18px">January 19: Farmers have not been able to do 'top dressing' on the wheat crop as the urea fertilizer bought by the government from India through the G2G process is stored in the government warehouses. It has been almost a week since three rakes of urea arrived at the warehouse of Agricultural Inputs Company Limited in Birgunj. More fertilizer is on the way. But the farmers are complaining that they have not received fertilizer even though the government has stock of it.</span></p> <p><span style="font-size:18px">Out of the 30,000 metric tons of urea supplied by India in the first lot through the G2G process, three rakes have arrived in Birgunj by Monday. Rajendra Bahadur Karki, managing director of Agricultural Inputs Company Limited, informed that the rest of the fertilizers have arrived in Jogbani. According to Karki, it is taking some time to distribute the recently arrived fertilizer as the management team is new to the company. He admitted that the farmers did not get it because of the delay in opening the market.</span></p> <p> </p> <p><span style="font-size:18px">Bhuvaneswar Yadav, a representative farmer of Saptari, complained that even though the government has fertilizer, the farmers have not been able to top dress the wheat crop.</span></p> <p><span style="font-size:18px">He said, “We have heard the news that the government is importing urea fertilizer, but none of the farmers in the village have been able to apply it to the wheat crop.” Farmers visit the cooperatives every day, but there is no fertilizer in the cooperatives either.</span></p> <p><span style="font-size:18px">Nepal had entered into an agreement with India last February during the tenure of the then Agriculture Minister Mahindra Raya Yadav to bring a total of 935,000 tons of chemical fertilizers in five years through G2G. The MoU was signed by Dr Govinda Prasad Sharma, secretary of the ministry on behalf of Nepal and Rajesh Kumar Chaturvedi, secretary of the Ministry of Chemicals and Fertilizers, Government of India on behalf of India.</span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16526', 'image' => '20230119033104_20230119031726_urea.jpg', 'article_date' => '2023-01-19 15:29:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16784', 'article_category_id' => '1', 'title' => 'Nepal Telecom to Resolve Service Interruption', 'sub_title' => '', 'summary' => 'January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: The Nepal Telecom is going to make systemic improvements to prevent the recurrence of mobile and PSTN telephone service interruption. The mobile and PSTN telephone service of the state-owned company suffered interruption since Tuesday noon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nepal Telecom issued a statement on Wednesday stating that the customers had to face difficulties in exchanging calls for some time due to network congestion. NT is committed to providing long-term solutions to prevent the recurrence of such problems in the future, the statement added.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The company is always committed to providing uninterrupted quality telecommunication services to the customers.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The company has also requested all customers to contact 1498 and 1988 for any problem related to interruption in mobile, telephone and other services of the company. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16525', 'image' => '20230119032937_Nepal-Telecom-(NTC-Building).jpg', 'article_date' => '2023-01-19 15:29:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16781', 'article_category_id' => '1', 'title' => 'Government Fixes Support Price of Sugarcane', 'sub_title' => '', 'summary' => 'January 19: The government has fixed the price of sugarcane at Rs 540 per quintal.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 19: The government has fixed the price of sugarcane at Rs 540 per quintal. This price is Rs 20 more per quintal than last year. The cabinet meeting on Wednesday decided that the government will bear the transportation cost of Rs 70 per quintal while fixing the price of sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The Ministry of Agriculture and Livestock Development had failed to set the support price for sugarcane even though the sugarcane crushing season had started. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Due to this, the farmers were forced to sell sugarcane on credit to sugar mills at low prices. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The farmers were forced to deliver sugarcane to the sugar mills without getting proper price, fearing that the sugarcane would dry up in the fields. After the farmers sold off most of their produce, the cabinet determined the price upon the proposal of the Ministry of Agriculture.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">At the moment, the farmers in Terai are in a rush to sell sugarcane.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Farmer Brijmohan Pandey says that the sugarcane after the second week of November becomes juicy and the weight increases. After November, the juice dries up and the weight decreases. He said that it has become easy to sell sugarcane after the government fixed the price. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deputy Prime Minister and Finance Minister Bishnu Poudel said that problems related to the crusher industry were discussed in the meeting and a suitable decision would be reached after further study. Poudel said that each ministry has been given five days’ time to make an action plan related to each ministry for the implementation of the minimum common program of the government. Similarly, the cabinet meeting decided to transfer the Secretary of the Ministry of Energy to the Ministry of Physical Infrastructure and the Secretary of Physical Infrastructure Ministry to the Ministry of Energy and to appoint Prof Dr Devraj Adhikari as the chairman of the University Grants Commission.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">It has been decided to give the responsibility of government spokesperson to Communications Minister Rekha Sharma. Until now, Deputy Prime Minister and Finance Minister Bishnu Poudel was in charge of the official spokesperson. Similarly, the Council of Ministers also decided that the staff of the Ministry of Foreign Affairs must be present when ministers meet foreign diplomats. The government took such a decision after it was heavily criticized for letting ministers meet foreign dignitaries alone.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16522', 'image' => '20230119023446_HB-KTM-IMG_0180 (1).jpg', 'article_date' => '2023-01-19 14:33:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16780', 'article_category_id' => '1', 'title' => 'Light Rainfall and Snowfall to Take Place in Western Nepal Today ', 'sub_title' => '', 'summary' => 'January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Light rainfall with partial to general changes in weather would occur across the country today (January 19) due to the influence of the westerly low pressure system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The mountainous belt including that of Sudurpaschim and Karnali provinces would witness partial to general changes and the remaining areas would see partial changes and clear weather. Likewise, light rain is predicted in one or two places of Sudurpaschim and Karnali provinces, according to the Department of Hydrology and Meteorology. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, there is a chance of light snowfall in some places of high mountainous and hill areas of Sudurpaschim, Karnali and Gandaki provinces and one to two places of high mountainous and hill areas of the remaining provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, partial to general changes in weather would occur in mountainous areas of Sudurpaschim and Karnali provinces. Light rain is predicted to take place in a few places of Sudurpaschim and Karnali provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Today, the minimum temperature of the Kathmandu Valley is predicted to be around 4.2 degrees centigrade and maximum temperature at 15 degrees centigrade. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16521', 'image' => '20230119103350_DB-Simkot-AirUdanb (1).jpg', 'article_date' => '2023-01-19 10:33:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16779', 'article_category_id' => '1', 'title' => 'Finance Minister Paudel Admits Economic Crisis', 'sub_title' => '', 'summary' => 'January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has admitted that the country’s economy is under crisis.</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"">He said that the ministry is working to identify the problems faced by the national economy and will prepare concrete plan and programmes after identifying the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Speaking at an interaction on ‘Economy: The Way Forward’ organized by Nepal Chamber of Commerce on Wednesday, Minister Poudel said that we faced the challenge of Indian blockade and Covid-19 but now we are in trouble.</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"">“Nepal’s economy braved difficult situations line the mega earthquakes, border blockade and Covid-19. We did not face much trouble during the economic blockade or earthquake, but question arises how we reached this disappointing stage of economy now?” he questioned. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">DPM Poudel said that the country’s economy faced much more crisis after onset of Russia-Ukraine war. He further said that the government is studying the reasons behind the economic downfall.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“The problems are therefore being analysed closely,” said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He made it clear that the government can resolve the economic crisis only after proper identification of the problems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, the government is facing worrying state of capital expenditure and revenue mobilization. The government is making necessary plans to address these problems by widening the tax net and making the tax administration effective. The government is committed to maintaining fiscal discipline, he added. </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"">DPM Poudel said that increasing the capital expenditure is the current need and the government will encourage spending in productive sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">On the occasion, former finance minister Dr Yubraj Khatiwada said that the government needs to do a lot to prevent Nepal’s economy from crumbling.</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"">He suggested the government that it brought to track the economy along with balance in fiscal policy and monetary policy. “There is no point in rejoicing the increase of foreign currency reserve by reducing the goods that help create capital in the country. Initiatives are essential to scale up the domestic products,” Dr Khatiwada suggested. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The former finance minister also recommended that the government effectively implemented the hedging system to bring in foreign investment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Moreover, former vice chairperson of the National Planning Commission, Dr Swarnim Wagle, expressed concerns that the country was heavily dependent on remittance.</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"">At the programme, Nepal Chamber of Commerce President Rajendra Malla demanded concrete actions from the government to resolve economic problems. </span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16520', 'image' => '20230119103309_economic crisis.jpg', 'article_date' => '2023-01-19 10:32:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16778', 'article_category_id' => '1', 'title' => 'French Team Begins Investigation into Yeti Airlines Plane Crash', 'sub_title' => '', 'summary' => 'January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: A team from French aeroplane manufacturing company ATR has started on-site investigation of the Yeti Airlines ATR-72 plane crash in Pokhara that took place on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The team reached the Seti River gorge where the plane with call sign 9N-ANC had fallen deep down and crashed claiming lives of all 72 onboard and inspected the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The nine-member investigating team is being facilitated by officials from the Civil Aviation Authority of Nepal (CAAN), security personnel as well as the locals. The team also reportedly flew a drone camera to screen the accident site. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane with 72 people onboard including 68 passengers and four crew members had flown to Pokhara from Kathmandu at 10:32 am and crashed in the gorge while making a final approach for landing. So far, the dead bodies of 71 victims have already been retrieved while search is underway for one missing person, said Superintendent of Police Ajay KC. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The plane manufacturing company is keenly studying Nepal's first ATR plane crash. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer (CDO) of Kaski, Tek Bahadur KC, said that the security agencies are deployed for search and rescue and management of dead bodies post the disasters. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial Unicode MS","sans-serif"">“</span></strong><span style="font-family:"Arial Unicode MS","sans-serif"">The matter of investigation is not related to us," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has also formed an investigation committee coordinated by Joint-Secretary at the Ministry of Culture, Tourism and Civil Aviation Buddisagar Lamichhane, which is also looking into the case. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some members of the French team have returned to Kathmandu after the on-site study of the accident while some were still in Pokhara, according to Chief of Pokhara International Airport, Bikram Gautam. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Earlier on Monday, the 'black box' of the crashed aircraft was found. The CAAN is hopeful that the 'black box' would help find out the cause behind the air crash. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16519', 'image' => '20230119095747_KD_KASKI_ACCIDENT.jpg', 'article_date' => '2023-01-19 09:57:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16777', 'article_category_id' => '1', 'title' => 'Sagarmatha Jalbidhyut Company Ltd Issues IPO to Locals and Migrant Workers ', 'sub_title' => '', 'summary' => 'Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. ', 'content' => '<p><br /> <span style="font-size:22px">January 19: Sagarmatha Jalbidhyut Company Ltd is issuing its Initial Public Offerings (IPO) to the locals of project-affected Ilam district and Nepali citizens working in foreign countries in the first phase from Wednesday. </span></p> <p><span style="font-size:22px">Out of the total issued capital of Rs 1,12,0000000, the hydropower is issuing 10 per cent of the share, i.e. 11,20,000 units of shares worth Rs 11,20,00000 to the project-affected locals of Ilam district at a face value of Rs 100 per unit.</span></p> <p><span style="font-size:22px">Ten per cent of the share, which is 4,36,800 units out of the total 43,68,000 kittas of shares allocated for the general public, is being issued to Nepali citizens working in foreign countries by taking labour permission from the Department of Labour. </span></p> <p><span style="font-size:22px">Locals of project-affected district and migrant workers can apply for a minimum of 10 units of shares. The maximum units of shares that locals can apply are 10,000, while migrant workers can apply up to 50,000 kittas. </span></p> <p><span style="font-size:22px">The sale of IPO will close on February 2. If the IPO issued for locals remains under-subscribed, the deadline will be extended until February 17. The closing date, however, will not be extended for the migrant workers.</span></p> <p><span style="font-size:22px">After allotment of the shares to locals and migrant workers, the hydropower company will float the shares to the general public in the second phase. </span><br /> </p> <p><span style="font-size:22px">Prabbhu Capital is the issue and sales manager of the hydropower company. Locals can visit project site, specified branch offices of Prabhu Bank, Century Commercial Bank and Prime Commercial Bank and banks approved by Securities Board of Nepal for CASBA services to apply for the IPO. Migrant workers can apply for the IPO through Mero Share. </span></p> <p><span style="font-size:22px">Sagarmatha Jalbidhyut Company Ltd has been producing electricity from Supermai A Hydropower Project(9.6 megawatt) for the last two and a half years. Per megawatt construction cost of the hydropower stands at Rs 19.84 crores.</span></p> <p><br /> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16518', 'image' => '20230119061615_collage (64).jpg', 'article_date' => '2023-01-19 06:08:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 13 => array( 'Article' => array( 'id' => '16776', 'article_category_id' => '1', 'title' => 'Farmers of Solu Worried due to Delay in Snowfall', 'sub_title' => '', 'summary' => 'January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">January 18: The farmers of Solukhumbu, a mountainous district in eastern Nepal, are worried because of the delay in snowfall and rain this year. The crops in the district have started drying up due to lack of rainfall even after mid-January. The district used to receive snowfall and rainfall by mid-December in previous years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">In the past, the fields and hills of Solukhumbu used to be covered with snow at around this time of year. But this year, due to the lack of snow, the hills and fields are dry, said Kamichhiri Sherpa of Likhupike Rural Municipality-5.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Khumbu, the upper part of the district, received snow before mid-December last year. Farmers say that since there is no snow even after mid-January this year, the crops like potato, wheat and buckwheat have started drying up in the fields. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Hastakala Rai of Dudhkoshi Rural Municipality-5 said that the fields are becoming dry due to lack of snow. As a result, the crops planted by the farmers are drying up. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Kamingmar Sherpa of Solududhkunda Municipality-3 said that since there is no snowfall and rain this year, it is not as cold as last year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The local residents here are worried because there is no snow during the winter season and the temperature is also increasing. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Environmentalist Rajan Thapa said that such a change in the environment is the result of rapid deforestation and emission of various harmful gases.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16517', 'image' => '20230118065315_242407_218728161484248_2103211_o.jpg', 'article_date' => '2023-01-18 18:52:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16775', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Halt Cable Car Construction Project in Sikles', 'sub_title' => '', 'summary' => 'The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. ', 'content' => '<p><br /> <span style="font-size:18px">January 18: The Supreme Court (SC) has issued an interim order not to undertake cable car construction project or any other physical construction projects along the Sikles Annapurna Conservation Area in Kaski. </span></p> <p><span style="font-size:18px">A single bench of justice Til Prasad Shrestha issued the order to this effect, stating the matter required to be finalized only after discussing with both parties due to its gravity and sensitivity. </span></p> <p><span style="font-size:18px">In response to a writ petition filed by advocate Padam Bahadur Shrestha, the order was issued in accordance with the Supreme Court Regulations, 2074.</span></p> <p><span style="font-size:18px"> The writ petition has made the Office of the Prime Minister and Council of Ministers, and the Ministry of Forest and Environment the defendants.</span></p> <p><span style="font-size:18px">The writ petition is seeking the Apex Court to annul the government decision to endorse project’s environmental impact assessment report and other government decisions and documents in this regard through the issuance of mandamus. </span></p> <p><span style="font-size:18px">Sikles Annapurna Cable Car Pvt Ltd is planning to build a cable car system in Sikles of Madi Rural Municipality, Kaski. The Sikles Cable car project will cover a distance of 6.5 kilometers. The project is estimated to cost Rs 7 billion. </span><br /> </p> ', 'published' => true, 'created' => '2023-01-18', 'modified' => '2023-01-18', 'keywords' => '', 'description' => '', 'sortorder' => '16516', 'image' => '20230118052755_collage (65).jpg', 'article_date' => '2023-01-18 17:24:47', '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
