November 29: Apples worth Rs 500 million have been exported from Mustang this…
November 29: Apples worth Rs 500 million have been exported from Mustang this…
November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the…
November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on…
November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a scrappy encounter at Lusail…
November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission…
November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable…
November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to…
November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner.…
November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters…
November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats.…
November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in…
November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral…
November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India…
November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open.…
November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently…
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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: Apples worth Rs 500 million have been exported from Mustang this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seventy percent of the apples produced in Mustang have been supplied outside the district, according to the district-based agriculture knowledge centre. The export amounted to 4,620 metric tons. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples produced in the district are sold at Rs 100 per kg in September and at Rs 120-130 per kg in November. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the farmers said the apples were sold at Rs 110 per kg in an average. Chief of the agriculture knowledge centre in Mustang, Prakash Bastakoti, informed that the production of apple increased by 18.56 percent this year. </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 production has increased due to favourable climate and new plants," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples were planted in 580 hectares of land in Mustang. The farming is done in all five local levels of Mustang. A recent survey had revealed that 11.37 metric tons of apples are produced in a hectare of land, Bastakoti added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agriculture officer for PM Agriculture Modernization Project, Netra Bhatta, said nearly 70 metric tons of apples are kept in six cold stores for off-season sale. In March-April, the apple will fetch better price. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Apples are produced in areas with an altitude of 2,500 meter above the sea level. The cold weather with snow adds quality and taste to the apple. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourists visiting Mustang buy apples as gift. There are also six liquor factories which produce liquor by processing apples. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16150', 'image' => '20221129115521_SushilbabuThakali_Mustang_RSS_10(2).jpg', 'article_date' => '2022-11-29 11:54:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16408', 'article_category_id' => '1', 'title' => 'NRB Quarterly Review of Monetary Policy Unlikely to Keep Fiscal Stability: NCC', 'sub_title' => '', 'summary' => 'November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has drawn a conclusion that the quarterly review along with the squeezed monetary policy could not address the problems faced by the financial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The chamber was hopeful that the quarterly review of the monetary policy could possibly address the domestic economic risks," reads a statement issued by the chamber. "Though the country witnessed some improvements in external sector there are risks in internal economic sector," the statement added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC claimed that the central bank's latest measure would not help boost the economic dynamics in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Though the spread rate reduction by 0.4 percent would limit rise in interest rate in coming days, it has nominal chance to slash the existing interest rates, the chamber further commented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has urged the central bank to keep premium on base rate maximum at two percent for the banks and financial institutions (BFIs) to release loans. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC also noted that the central bank’s review of the monetary policy would further negatively affect the industrial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chamber has cautioned the central bank with seven-point memorandum. It has also asked the central bank to reduce the existing 8.5 percent bank rate to five percent. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'NCC, NRB, central bank, monetary, policy, review, financial, crisis, Nepal, external, sector', 'description' => '', 'sortorder' => '16149', 'image' => '20221129111533_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-11-29 11:14:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16407', 'article_category_id' => '1', 'title' => 'Casemiro Magic Sends Brazil into Knockout Stage', 'sub_title' => '', 'summary' => 'November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Manchester United midfielder brought the match to life seven minutes from time in an otherwise drab encounter as he fired a first-time effort into the far corner, leaving Swiss goalkeeper Tann Sommer standing</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With this victory, Brazil leads the group with maximum points and will be guaranteed the top spot with just a draw against Cameroon in their final group-stage game.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, he was described before the match as Brazil's key "invisible man" but by full-time Casemiro was being lauded as the "best midfielder in the world".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Brazil's World Cup match against Switzerland looked to be heading for a dour, goalless draw but the Manchester United player had other ideas. With seven minutes remaining and some fans heading for the exits, Casemiro fired an unstoppable, angled drive into the far corner of the net to leave the remaining supporters roaring in delight and fire his side into the last 16 with a game to spare,” BBC reported.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16148', 'image' => '20221129104821_20221129_afp_brazilswiss.jpg', 'article_date' => '2022-11-29 10:47:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16406', 'article_category_id' => '1', 'title' => 'Fernandes Double Fires Portugal into World Cup Last 16', 'sub_title' => '', 'summary' => 'November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a scrappy encounter at Lusail Stadium.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a "scrappy encounter" at Lusail Stadium.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, Portugal reached the knockout stage to join France and Brazil with a match to spare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">For a Portugal whose World Cup narrative has so far been crafted by the controversy and brilliance of Cristiano Ronaldo, the night belonged to Fernandes, who shone throughout and always looked threatening, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">His first goal set the tone of how the match would play out, with a 55th minute cross intended for Ronaldo that sailed fortuitously into the net, before a perfectly executed spot kick in stoppage time that guaranteed his side's passage to the knockout stage, the news agency added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Ronaldo had celebrated the first goal ecstatically as his own and smiled awkwardly as it was announced as belonging to Fernandes, who twice came close to completing a hat-trick in the dying moments.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, it was the moment Cristiano Ronaldo thought he had joined Eusebio as Portugal's World Cup record goalscorer - well, for a couple of minutes anyway.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Portuguese forward's jubilant celebrations convinced everyone his head had got the last touch to Bruno Fernandes' cross for the crucial opener in his country's 2-0 win over Uruguay, added the BBC.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Not only was it a goal that sent Portugal on their way to qualification for the knockout stages with a game to spare, it was also going to be his ninth World Cup strike - bringing him level with the great Eusebio. But then came the uncertainty. While Ronaldo was clearly convinced it was his goal, the replays were not so conclusive.”</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'Portugal, Bruno, Fernandez, Ronaldo. Cristiano, Uruguay, World Cup, Brazil, France, knockout, stage, last-16', 'description' => '', 'sortorder' => '16147', 'image' => '20221129103254_skysports-portugal-uruguay_5980922.jpg', 'article_date' => '2022-11-29 10:31:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16405', 'article_category_id' => '1', 'title' => 'MCC Issues Public Notice for Construction of Transmission Lines ', 'sub_title' => '', 'summary' => 'November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has invited sealed bids from all interested and eligible bidders for design, supply, delivery, installation, testing and commissioning of the transmission lines. The project covers Lapsiphedi-Ratmate-New Hetauda 400kV D/C transmission line, Ratmate-New Damauli 400kV D/C transmission line, New Damauli-New Butwal 400kV D/C transmission line and New Butwal-Nepal/India Border 400kV D/C transmission line, according to the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated that bidding will be conducted through the Quality and Price Based Selection (QPBS) procedures as specified in the MCC Program Procurement Guidelines (PPG), and is open to all eligible bidders or consultants as defined in the PPG. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A complete set of bidding documents may be obtained by interested bidders upon the submission of a written application at the following email address MCANepalPA@dt-global.com with cc to MCANepalPA@mcanp.org. The deadline for submitting the sealed documents is March 27. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">All bids shall be accompanied by a bid security amount of US$ 700,000 for Lot 1, US$ 550,000 for Lot 2 and US$ 675,000 for Lot 3 and if issued by a bank located outside of Nepal, must be confirmed (counter bank guarantee to be issued) by a correspondent financial institution located in Nepal and shall be valid until December 20, 2023, reads the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that the Government of Nepal and the United States of America-based Millennium Challenge Corporation (MCC) entered into a Millennium Challenge Compact on September 14, 2017, under which the US government pledged to provide a grant of up to US$ 500 million to expedite the economic growth and reduce poverty in Nepal to which the Government of Nepal will contribute up to US$ 130 million. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16146', 'image' => '20221128062840_20220228112208_MCC.jpg', 'article_date' => '2022-11-28 18:28:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16404', 'article_category_id' => '1', 'title' => 'Banks Charging High Interest Citing Liquidity Crisis', 'sub_title' => '', 'summary' => 'November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds. Subodh Kumar Gupta, president of Birgunj Chamber of Commerce and Industry, said that although the base rate and premium rate applicable for the loan were specified when the loan agreement was signed between the bank and the borrower, the banks are now increasing those rates arbitrarily on the pretext of lack of liquidity.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs claim that the regulatory body, Nepal Rastra Bank, has become a mere spectator towards the malpractice of the banks. According to Anil Agarwal, senior vice president of the chamber, even though NRB has instructed the banks to refund the amount charged by the banks due to the increased premiums, most of the banks have not complied with the NRB instruction.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">He said that the NRB has not taken any effective action on such banks. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Agarwal stated, “The base rate of banks is reviewed every three months. The premium rate remains the same for the duration of the contract. Banks have increased the premium in an unfair manner.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Traders say that the ultimate burden of such move of the banks fall upon the consumers. Officials of NRB said that even with the borrowers’ consent, the premium cannot be increased throughout the contract period, but it has not been followed by the banks. NRB has instructed banks to return any additional sum acquired in such manner. The businessman says that NRB seems reluctant to take action against the banks for not following its instructions.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Madhav Rajpal, vice president of the association, the banks increased the premium rate by 3 to 4 percentage points by putting undue pressure on the borrowers. He informed that the base rate on the new loan has also been increased by the same amount.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The importers too complained that service charges, loan renewal charges as well as LC charges have been increased arbitrarily, holding lack of liquidity responsible.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Rajpal also informed that the chamber has written a letter to NRB about such malpractice of the banks. Businessmen say that the interest rate on loans taken in the past at 7/8 percent has now been increased to 16/17 percent. As a result, the competitiveness of business and production has decreased.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16145', 'image' => '20221128050135_20221116011323_Banks - Copy.jpg', 'article_date' => '2022-11-28 17:01:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16403', 'article_category_id' => '1', 'title' => 'Germany Keep World Cup Hopes Alive as Morocco Stun Belgium', 'sub_title' => '', 'summary' => 'November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Elsewhere, 2018 runners-up Croatia crushed Canada 4-1 to eliminate their opponents while Costa Rica claimed a shock win over Japan.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's 81st-minute goal for Costa Rica at Doha's Ahmad Bin Ali Stadium in Sunday's early game eased some of the pressure on the Germans as it prevented Japan from taking a giant stride towards the last 16.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Hansi Flick's German side nevertheless desperately needed something from their meeting with 2010 winners Spain at Al Bayt Stadium in Al Khor, north of Doha, after losing 2-1 to Japan in their Group E opener.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Yet they were in big trouble when substitute Alvaro Morata turned in Jordi Alba's cross to put Spain ahead just after the hour mark.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">However Germany, who had an Antonio Ruediger goal disallowed for offside in the first half, had a substitute of their own to thank as Werder Bremen striker Fuellkrug lashed in an 83rd-minute leveller on just his third international appearance. (AFP/RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16144', 'image' => '20221128043752_germany-spain-1024x569.jpg', 'article_date' => '2022-11-28 16:37:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16402', 'article_category_id' => '1', 'title' => 'Business Community Urges NRB to Review Working Capital Loan Guidelines', 'sub_title' => '', 'summary' => 'November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. The guidelines have already come into effect since the last two months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industries (FNCCI) submitted a written memo to Nepal Rastra Bank (NRB) requesting it to implement the guidelines in a phase-wise manner. The central bank officials had earlier said that they would review the guidelines after the November 20 elections to the House of Representatives and provincial assemblies.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The businessmen, however, have urged the central bank to provide 40 percent loan for a company with annual transaction of Rs 20 million and 50 percent loan for transaction above that threshold. Also, they have urged the NRB to avail term loans for up to 180 days instead of 90 days. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16143', 'image' => '20221128020539_Working-Capital-Loan.jpg', 'article_date' => '2022-11-28 14:05:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16401', 'article_category_id' => '1', 'title' => 'Gold Price Dips in Int’l Market as Dollar Gains on China COVID Risks', 'sub_title' => 'Gold Price Remains as High as Rs 97.500 Per 11 Grams in Nepal', 'summary' => 'November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, spot gold was down 0.4 percent at US$1,748.84 per ounce, as of 0555 GMT. US gold futures fell 0.3 percent to US$1,749.60.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The dollar index was up 0.4 percent, making the greenback-priced bullion more expensive for buyers holding other currencies, added Reuters.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Gold prices have been tracking the US dollar's moves closely, and increased uncertainty from the growing unrest in China seems to be underpinning the dollar this morning," Reuters quoted IG market strategist Yeap Jun Rong as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Reuters, hundreds of demonstrators and police clashed in Shanghai on Sunday night as protests over China's stringent COVID restrictions flared for a third day and spread to several cities in the wake of a deadly fire in the country's far west.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">People may be shifting to defensive assets considering the COVID situation in China, but the dollar's gains are currently overshadowing gold's safe-haven status, Yeap added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the price of gold remained as high as Rs 97,500 per tola (11.6 grams approx.) in Nepal, according to the latest update posted on the website of the Federation of Nepal Gold and Silver Dealers Association on Monday. </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16142', 'image' => '20221128012712_gold.jpg', 'article_date' => '2022-11-28 13:26:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16400', 'article_category_id' => '1', 'title' => 'Over 60 Former MPs defeated in Election ', 'sub_title' => '', 'summary' => 'November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. Those defeated also include party chair, vice-chair, general secretary, former chief minister of the province and other top leaders. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the election, former prime minister and senior leader of CPN (Unified Socialist) Jhala Nath Khanal, Chairman of Janata Samajwadi Party Nepal Upendra Yadav, senior leader of Loktantrik Samajwadi Party Rajendra Mahato, CPN (UML) senior-vice chairman Ishwar Pokharel, vice-chairman Surendra Pandey, general secretary Shanker Pokharel, assistant general secretary Pradip Kumar Gyawali were defeated. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, general secretary of CPN (Maoist Centre) Dev Prasad Gurung, assistant general secretary duo Giriraj Mani Pokharel and Pampha Bhusal also faced defeat while former chief minister of Province 1 and UML leader Sher Dhan Rai is also among the leaders staying out of the legislative body. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former speaker of the House of Representatives Onsari Gharti, former deputy speaker Pushpa Bhsual, vice-chairperson of Rastriya Janamorcha Durga Poudel, Home Minister Bal Krishna Khand, NC assistant general secretary Uma Kanta Chaudhary and other leaders also could not make it to the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The other former MPs who lost the election include Matrika Prasad Yadav, Mohammad Istiyak Rai, Yagya Raj Sunuwar, Rajendra Prasad Gautam, Rajendra Prasad Shrestha, Ram Kumari Jhankri, Hridayesh Tripathi and Rambir Manandhar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, this election remained a tough nut to crack for the politicians like Laxman Lal Karn, Lal Babu Pandit, Sujata Koirala, Lekhraj Bhatta, Bijaya Kumar Gachchhadar, Bina Magar, Birodh Khatiwada, Som Prasad Pandey, Sher Bahadur Tamang, Bijaya Subba, Bishal Bhattarai, Surya Prasad Pathak, Komal Oli, Kamal Thapa, Jeevan Ram Shrestha, Maheshwar Jung Gahatraj, Krishna Sitaula and Umesh Shrestha. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16141', 'image' => '20221128010311_JNK (Copy).jpg', 'article_date' => '2022-11-28 13:01:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16399', 'article_category_id' => '1', 'title' => 'Social Security to Cover Informal Sector, Nepali Migrant Workers Abroad ', 'sub_title' => '', 'summary' => 'November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Labour, Employment and Social Security Sher Bahadur Kunwar has pledged to bring those sector on board the social security criteria. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During an event organized on the occasion of the fifth Social Security Day on Sunday, Minister Kunwar said the social security scheme would be made conducive to the workers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hinting at amendments to the schemes unveiled under the Social Security Fund, Minister Kunwar argued that no one will be left behind since the criteria of the social security schemes has been extended. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the family members of the workers would be encouraged towards entrepreneurship development by extending the fund’s horizon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Also speaking at the event, SSF Chairman and Secretary at the Ministry, Ek Narayan Aryal, said the employees and employers should not hesitate to join the social security scheme since the SSF has been offering the contributors with attractive facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Executive Director of SSF Kapil Mani Gyawali said that the contributors’ spouse will get medical expenses and the contributors will also get medical expenses for chronic diseases. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the SSF announced the establishment of its offices in Butwal and Nepalgunj on Sunday. The SSF now has four offices including those in Biratnagar and Simara and another office will be established in Pokhara in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, 17,507 employers and 375,904 employees have been enlisted in the fund and a total of Rs 26 billion has been collected from them. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16140', 'image' => '20221128115926_agri maize.jpg', 'article_date' => '2022-11-28 11:58:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16398', 'article_category_id' => '1', 'title' => 'Election Commission Unveils Results of 157 Seats under FPTP', 'sub_title' => '', 'summary' => 'November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system. According to the latest update of the EC, the Nepali Congress (NC) continues to lead the election results. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission informed that the Nepali Congress has obtained 53 seats, followed by CPN (UML) with 42 seats, CPN (Maoist Centre) with 17 seats, CPN (Unified Socialist) with 10 seats while Rastriya Swatantra Party and Rastriya Prajatantra Party have each secured seven seats. Janata Samajwadi Party has won six seats in the lower house. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Lokatantrik Samajwadi Party has secured four seats, Nagarik Unmukti Party 3 while the Nepal Workers and Peasants Party, Rastriya Janamorcha and Janamat Party have won one seat each. Likewise, five independent candidates have been elected to the HoR under the FPTP, the Election Commissions said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting in Dolakha, Bajura and Syangja districts could not be held yet owing to disputes among the political parties' representatives and candidates contesting the parliamentary elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has decided to hold reelection in some polling centres within December 1 this year while reelection was held in Bajura on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Who won from which party? </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prime Minister and Nepali Congress President Sher Bahadur Deuba, leaders Yogesh Sherchan, Tek Bahadur Gurung, Prakashman Singh, Santosh Chalise, Gagan Kumar Thapa, Pradeep Poudel, Mohan Acharya, Udaya Shumsher JBR, Shankar Bhandari and Rajendra Kumar KC were elected to the HoR on behalf of the Nepali Congress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, other NC candidates emerging victorious include Ramesh Kumar Rijal, Hridaya Ram Thani, Ramhari Khatiwada, Bishwa Prakash Sharma, Ajay Kumar Chaurasiya, Rajendra Bajagain, Kham Bahadur Garbuja, Pushpa Bahadur Shah, Bir Bahadur Balayar, Dilendra Prasad Badu, Ramesh Lekhak, NP Saud, Dikpal Kumar Shahi, Durlabh Thapa, Shashank Koirala, Ramchandra Poudel, Kishore Singh Rathore, Dev Prakash Timalsina, Dinesh Kumar Yadav, Ramnath Adhikari and Purna Bahadur Khadka. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Election Commission, other candidates elected in the HoR from NC are Bishnu Kumar Karki, Shyam Kumar Ghimire, Deepak Giri, Sanjay Gautam, Binod Chaudhary, Ramkrishna Yadav, Mohan Bahadur Basnet, Shekhar Koirala, Dilliraj Panta, Chandrakanta Bhandari, Raju Thapa, Deepak Khadka, Surendra Raj Acharya, Sita Gurung, Sunil Kumar Sharma, Arjun Narsingh KC, Tejulal Chaudhary, Ain Bahadur Shahi, Mahendra Kumar Raya, Dig Bahadur Limbu and Purna Bahadur Tamang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates elected from CPN (UML) include Ambar Bahadur Rayamajhi, Krishna Gopal Shrestha, Prem Bahadur Maharjan, Gokarna Bista, Devraj Ghimire, KP Sharma Oli, Yogesh Bhattarai, Raj Kumar Gupta, Top Bahadur Rayamajhi, Surya Thapa, Prithivi Subba Gurung, Mahesh Bartaula, Manbir Rai, Padam Giri, Lal Prasad Sanwa Limbu, Basudev Ghimire, and Rajendra Kumar Rai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the Election Commission shared that (CPN) UML's Bidhya Bhattarai, Surya Prasad Dhakal, Ram Shankar Yadav, Damodar Bhandari, Tara Lama Tamang, Balaram Adhikari, Basanta Kumar Nemwang, Damodar Poudel, Hari Prasad Uprety, Jwala Kumari Shah, Achyut Prasad Mainali, Juli Mahato and Man Bahadur Gurung secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Leelanath Shrestha, Thakur Prasad Gaire, Rishikesh Pokharel, Mangal Prasad Gupta, Bishnu Poudel, Gokul Banskota, Narayan Prasad Acharya, Chabilal Bishwakarma, Bim Acharya, Subash Nemwang, Laxmi Mahato Koiri and Mahesh Basnet also emerged victorious on behalf of the CPN (UML). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From CPN (Maoist Centre), party's Chairperson Pushpa Kamal Dahal, its leaders Janardan Sharma, Barshaman Pun, Devendra Poudel, Shakti Bahadur Basnet, Sudan Kirati, Madhav Sapkota, Amanlal Modi, Hit Bahadur Tamang, Ram Kumar Rai, Lekhnath Dahal, Rekha Sharma, Purna Bahadur Gharti, Mahendra Ray Yadav, Surya Prasad Tamang (Dong), Tshiring Dambul Lama and Mahendra Bahadur Shahi were elected to the HoR, informed the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates wining from CPN (Unified Socialist) include party chairperson Madhav Kumar Nepal, leaders Rajendra Prasad Pandey, Dhan Bahadur Buda, Ambar Bahadur Thapa, Krishna Kumar Shrestha, Sher Bahadur Kunwar, Prakash Jwala, Met Mani Chaudhary, Prem Bahadur Ale and Bhanubhakta Joshi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates who secured seats in the HoR from Rastriya Swatantra Party are Ravi Lamichhane, Sobita Gautam, Ganesh Parajuli, Biraj Bhakta Shrestha, Hari Dhakal, Sishir Khanal and Toshima Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Janata Samajbadi Party's candidates Pradeep Yadav, Nawal Kishore Shah, Deepak Karki, Ram Sahayak Prasad Yadav, Raj Kishore Yadav and Birendra Prasad Mahato secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rastriya Prajatantra Party's candidates Rajendra Lingden, Bikram Pandey, Dhawal Shumsher Rana, Deepak Bahadur Singh, Dhruba Bahadur Pradhan, Deepak Bohora and Gyanendra Bahadur Shahi were elected HoR members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lokatantrik Samajwadi Party's Chairperson Mahantha Thakur, Sarbendranath Shukla, Sharat Singh Bhandari and Ram Prakash Chaudhary were also elected MPs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From Rastriya Janamorcha, Chitra Bahadur KC emerged victorious while Prem Suwal from Nepal Workers and Peasants Party's and Chandrakant Raut from Janamat Party secured a seat each in the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Independent candidates securing seat in HoR are Amresh Kumar Singh, Yogesh Mandal, Prabhu Shah, Kiran Kumar Shah and Lalbir Chaudhary, the Election Commission said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16139', 'image' => '20221128111324_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-28 11:12:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16397', 'article_category_id' => '1', 'title' => 'Cargo Train to Arrive at Biratnagar ICP within Three Weeks', 'sub_title' => '', 'summary' => 'November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border. Employees from Nepal and India were jostling to take photos. A passenger train with 25 coaches arrived at the ICP from Bathnaha, India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The train engine had arrived several times before for broad gauge testing, but it was the first time that the full train did had arrived here. Only cargo containers will come in this broad gauge. On Wednesday, Indian officials came for testing a passenger train.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Indian side has completed the entire railway work at the ICP which is seven and a half kilometers northeast of Bathnaha. They have also passed the test. As soon as the Indian authorities received the news from Nepal that they are ready for the agreement, India assured that they will hand over regular cargo trains from December 15 onwards. The Nepali side has also informed that the work has been completed, and preparations have been made accordingly.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Railways Department of India returned from an on-site inspection on Wednesday concluding that cargo trains can be brought up to ICP. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Roshan Kumar Dev, Site Engineer of Bathnaha-Katahari Railways under the Railways Department, said that the officials of the Indian Railways Department are making final preparations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Engineer Dev informed that they are in the process of operating a cargo train within the next one and a half months.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The work of preparing the necessary infrastructure to bring the cargo train to the Nepal Customs Yard of the ICP has also been started. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dev, the Indian government will hand over the railway to the Ministry of Physical Infrastructure of Nepal.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16138', 'image' => '20221127081123_1669501161.Clipboard16 (1).jpg', 'article_date' => '2022-11-27 20:10:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16396', 'article_category_id' => '1', 'title' => 'Costa Rica Stun Japan, Hand a Lifeline to Germany', 'sub_title' => '', 'summary' => 'November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. The win over Japan has given a potential lifeline to heavyweight Germany, who were beaten by the Samurai Blue 2-1 in their opening match.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to AFP, Japan could have taken a giant stride towards the last 16 with a win but they laboured for large parts of the match against a Costa Rica side who were hammered 7-0 by Spain.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's curling 81st-minute effort, Costa Rica's first shot on target in the entire tournament, rocked Japan and put their hopes of progression in peril, Reuters reported.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The result left Spain, Japan and Costa Rica all on three points. Spain face Germany later on Sunday in another crucial contest.</span></span></p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16137', 'image' => '20221127071334_Untitled.jpg', 'article_date' => '2022-11-27 19:13:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16395', 'article_category_id' => '1', 'title' => '80 Percent Vote Count under PR Completed ', 'sub_title' => '', 'summary' => 'November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 17.9 million registered voters, the voters' turnout was 61 percent, according to the EC. So far, approximately 80 percent of the votes cast during the November 20 election have been counted, said EC's Spokesperson Shaligram Sharma Paudel. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to him, approximately 2.4 million votes remain to be counted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The latest updates of the EC show that out of 8,774,661 votes counted so far, the CPN (UML) is leading with 2,413,222 votes followed by the Nepali Congress with 2,294,983 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the CPN (Maoist Center) has secured 1,005,679 votes, followed by the Rastriya Swatantra Party with 983,522 votes, the Rastriya Prajatantra Party with 513,911 votes, the Janata Samajwadi Party with 300,449 votes, and the CPN (Unified Socialist) with 235,375 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Janamat Party has obtained 234,127 votes, the Nagarik Unmukti Party 202,079 votes, the Loktantrik Samajwadi Party 122,557 votes, the Nepal Workers and Peasants Party 70,371 votes, the Hamro Nepal Party 49,627 votes, the Rastriya Janamorcha 43,926 votes and the Mongol National Organisation 44,208 votes. The Nationalist People’s Party has received the lowest 1,504 votes. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16136', 'image' => '20221127064936_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-27 18:49:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16409', 'article_category_id' => '1', 'title' => 'Mustang District Exports Apples worth Rs 500 Million ', 'sub_title' => '', 'summary' => 'November 29: Apples worth Rs 500 million have been exported from Mustang this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: Apples worth Rs 500 million have been exported from Mustang this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seventy percent of the apples produced in Mustang have been supplied outside the district, according to the district-based agriculture knowledge centre. The export amounted to 4,620 metric tons. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples produced in the district are sold at Rs 100 per kg in September and at Rs 120-130 per kg in November. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the farmers said the apples were sold at Rs 110 per kg in an average. Chief of the agriculture knowledge centre in Mustang, Prakash Bastakoti, informed that the production of apple increased by 18.56 percent this year. </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 production has increased due to favourable climate and new plants," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples were planted in 580 hectares of land in Mustang. The farming is done in all five local levels of Mustang. A recent survey had revealed that 11.37 metric tons of apples are produced in a hectare of land, Bastakoti added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agriculture officer for PM Agriculture Modernization Project, Netra Bhatta, said nearly 70 metric tons of apples are kept in six cold stores for off-season sale. In March-April, the apple will fetch better price. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Apples are produced in areas with an altitude of 2,500 meter above the sea level. The cold weather with snow adds quality and taste to the apple. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourists visiting Mustang buy apples as gift. There are also six liquor factories which produce liquor by processing apples. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16150', 'image' => '20221129115521_SushilbabuThakali_Mustang_RSS_10(2).jpg', 'article_date' => '2022-11-29 11:54:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16408', 'article_category_id' => '1', 'title' => 'NRB Quarterly Review of Monetary Policy Unlikely to Keep Fiscal Stability: NCC', 'sub_title' => '', 'summary' => 'November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has drawn a conclusion that the quarterly review along with the squeezed monetary policy could not address the problems faced by the financial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The chamber was hopeful that the quarterly review of the monetary policy could possibly address the domestic economic risks," reads a statement issued by the chamber. "Though the country witnessed some improvements in external sector there are risks in internal economic sector," the statement added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC claimed that the central bank's latest measure would not help boost the economic dynamics in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Though the spread rate reduction by 0.4 percent would limit rise in interest rate in coming days, it has nominal chance to slash the existing interest rates, the chamber further commented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has urged the central bank to keep premium on base rate maximum at two percent for the banks and financial institutions (BFIs) to release loans. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC also noted that the central bank’s review of the monetary policy would further negatively affect the industrial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chamber has cautioned the central bank with seven-point memorandum. It has also asked the central bank to reduce the existing 8.5 percent bank rate to five percent. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'NCC, NRB, central bank, monetary, policy, review, financial, crisis, Nepal, external, sector', 'description' => '', 'sortorder' => '16149', 'image' => '20221129111533_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-11-29 11:14:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16407', 'article_category_id' => '1', 'title' => 'Casemiro Magic Sends Brazil into Knockout Stage', 'sub_title' => '', 'summary' => 'November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Manchester United midfielder brought the match to life seven minutes from time in an otherwise drab encounter as he fired a first-time effort into the far corner, leaving Swiss goalkeeper Tann Sommer standing</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With this victory, Brazil leads the group with maximum points and will be guaranteed the top spot with just a draw against Cameroon in their final group-stage game.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, he was described before the match as Brazil's key "invisible man" but by full-time Casemiro was being lauded as the "best midfielder in the world".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Brazil's World Cup match against Switzerland looked to be heading for a dour, goalless draw but the Manchester United player had other ideas. With seven minutes remaining and some fans heading for the exits, Casemiro fired an unstoppable, angled drive into the far corner of the net to leave the remaining supporters roaring in delight and fire his side into the last 16 with a game to spare,” BBC reported.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16148', 'image' => '20221129104821_20221129_afp_brazilswiss.jpg', 'article_date' => '2022-11-29 10:47:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16406', 'article_category_id' => '1', 'title' => 'Fernandes Double Fires Portugal into World Cup Last 16', 'sub_title' => '', 'summary' => 'November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a scrappy encounter at Lusail Stadium.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a "scrappy encounter" at Lusail Stadium.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, Portugal reached the knockout stage to join France and Brazil with a match to spare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">For a Portugal whose World Cup narrative has so far been crafted by the controversy and brilliance of Cristiano Ronaldo, the night belonged to Fernandes, who shone throughout and always looked threatening, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">His first goal set the tone of how the match would play out, with a 55th minute cross intended for Ronaldo that sailed fortuitously into the net, before a perfectly executed spot kick in stoppage time that guaranteed his side's passage to the knockout stage, the news agency added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Ronaldo had celebrated the first goal ecstatically as his own and smiled awkwardly as it was announced as belonging to Fernandes, who twice came close to completing a hat-trick in the dying moments.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, it was the moment Cristiano Ronaldo thought he had joined Eusebio as Portugal's World Cup record goalscorer - well, for a couple of minutes anyway.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Portuguese forward's jubilant celebrations convinced everyone his head had got the last touch to Bruno Fernandes' cross for the crucial opener in his country's 2-0 win over Uruguay, added the BBC.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Not only was it a goal that sent Portugal on their way to qualification for the knockout stages with a game to spare, it was also going to be his ninth World Cup strike - bringing him level with the great Eusebio. But then came the uncertainty. While Ronaldo was clearly convinced it was his goal, the replays were not so conclusive.”</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'Portugal, Bruno, Fernandez, Ronaldo. Cristiano, Uruguay, World Cup, Brazil, France, knockout, stage, last-16', 'description' => '', 'sortorder' => '16147', 'image' => '20221129103254_skysports-portugal-uruguay_5980922.jpg', 'article_date' => '2022-11-29 10:31:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16405', 'article_category_id' => '1', 'title' => 'MCC Issues Public Notice for Construction of Transmission Lines ', 'sub_title' => '', 'summary' => 'November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has invited sealed bids from all interested and eligible bidders for design, supply, delivery, installation, testing and commissioning of the transmission lines. The project covers Lapsiphedi-Ratmate-New Hetauda 400kV D/C transmission line, Ratmate-New Damauli 400kV D/C transmission line, New Damauli-New Butwal 400kV D/C transmission line and New Butwal-Nepal/India Border 400kV D/C transmission line, according to the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated that bidding will be conducted through the Quality and Price Based Selection (QPBS) procedures as specified in the MCC Program Procurement Guidelines (PPG), and is open to all eligible bidders or consultants as defined in the PPG. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A complete set of bidding documents may be obtained by interested bidders upon the submission of a written application at the following email address MCANepalPA@dt-global.com with cc to MCANepalPA@mcanp.org. The deadline for submitting the sealed documents is March 27. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">All bids shall be accompanied by a bid security amount of US$ 700,000 for Lot 1, US$ 550,000 for Lot 2 and US$ 675,000 for Lot 3 and if issued by a bank located outside of Nepal, must be confirmed (counter bank guarantee to be issued) by a correspondent financial institution located in Nepal and shall be valid until December 20, 2023, reads the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that the Government of Nepal and the United States of America-based Millennium Challenge Corporation (MCC) entered into a Millennium Challenge Compact on September 14, 2017, under which the US government pledged to provide a grant of up to US$ 500 million to expedite the economic growth and reduce poverty in Nepal to which the Government of Nepal will contribute up to US$ 130 million. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16146', 'image' => '20221128062840_20220228112208_MCC.jpg', 'article_date' => '2022-11-28 18:28:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16404', 'article_category_id' => '1', 'title' => 'Banks Charging High Interest Citing Liquidity Crisis', 'sub_title' => '', 'summary' => 'November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds. Subodh Kumar Gupta, president of Birgunj Chamber of Commerce and Industry, said that although the base rate and premium rate applicable for the loan were specified when the loan agreement was signed between the bank and the borrower, the banks are now increasing those rates arbitrarily on the pretext of lack of liquidity.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs claim that the regulatory body, Nepal Rastra Bank, has become a mere spectator towards the malpractice of the banks. According to Anil Agarwal, senior vice president of the chamber, even though NRB has instructed the banks to refund the amount charged by the banks due to the increased premiums, most of the banks have not complied with the NRB instruction.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">He said that the NRB has not taken any effective action on such banks. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Agarwal stated, “The base rate of banks is reviewed every three months. The premium rate remains the same for the duration of the contract. Banks have increased the premium in an unfair manner.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Traders say that the ultimate burden of such move of the banks fall upon the consumers. Officials of NRB said that even with the borrowers’ consent, the premium cannot be increased throughout the contract period, but it has not been followed by the banks. NRB has instructed banks to return any additional sum acquired in such manner. The businessman says that NRB seems reluctant to take action against the banks for not following its instructions.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Madhav Rajpal, vice president of the association, the banks increased the premium rate by 3 to 4 percentage points by putting undue pressure on the borrowers. He informed that the base rate on the new loan has also been increased by the same amount.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The importers too complained that service charges, loan renewal charges as well as LC charges have been increased arbitrarily, holding lack of liquidity responsible.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Rajpal also informed that the chamber has written a letter to NRB about such malpractice of the banks. Businessmen say that the interest rate on loans taken in the past at 7/8 percent has now been increased to 16/17 percent. As a result, the competitiveness of business and production has decreased.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16145', 'image' => '20221128050135_20221116011323_Banks - Copy.jpg', 'article_date' => '2022-11-28 17:01:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16403', 'article_category_id' => '1', 'title' => 'Germany Keep World Cup Hopes Alive as Morocco Stun Belgium', 'sub_title' => '', 'summary' => 'November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Elsewhere, 2018 runners-up Croatia crushed Canada 4-1 to eliminate their opponents while Costa Rica claimed a shock win over Japan.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's 81st-minute goal for Costa Rica at Doha's Ahmad Bin Ali Stadium in Sunday's early game eased some of the pressure on the Germans as it prevented Japan from taking a giant stride towards the last 16.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Hansi Flick's German side nevertheless desperately needed something from their meeting with 2010 winners Spain at Al Bayt Stadium in Al Khor, north of Doha, after losing 2-1 to Japan in their Group E opener.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Yet they were in big trouble when substitute Alvaro Morata turned in Jordi Alba's cross to put Spain ahead just after the hour mark.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">However Germany, who had an Antonio Ruediger goal disallowed for offside in the first half, had a substitute of their own to thank as Werder Bremen striker Fuellkrug lashed in an 83rd-minute leveller on just his third international appearance. (AFP/RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16144', 'image' => '20221128043752_germany-spain-1024x569.jpg', 'article_date' => '2022-11-28 16:37:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16402', 'article_category_id' => '1', 'title' => 'Business Community Urges NRB to Review Working Capital Loan Guidelines', 'sub_title' => '', 'summary' => 'November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. The guidelines have already come into effect since the last two months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industries (FNCCI) submitted a written memo to Nepal Rastra Bank (NRB) requesting it to implement the guidelines in a phase-wise manner. The central bank officials had earlier said that they would review the guidelines after the November 20 elections to the House of Representatives and provincial assemblies.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The businessmen, however, have urged the central bank to provide 40 percent loan for a company with annual transaction of Rs 20 million and 50 percent loan for transaction above that threshold. Also, they have urged the NRB to avail term loans for up to 180 days instead of 90 days. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16143', 'image' => '20221128020539_Working-Capital-Loan.jpg', 'article_date' => '2022-11-28 14:05:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16401', 'article_category_id' => '1', 'title' => 'Gold Price Dips in Int’l Market as Dollar Gains on China COVID Risks', 'sub_title' => 'Gold Price Remains as High as Rs 97.500 Per 11 Grams in Nepal', 'summary' => 'November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, spot gold was down 0.4 percent at US$1,748.84 per ounce, as of 0555 GMT. US gold futures fell 0.3 percent to US$1,749.60.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The dollar index was up 0.4 percent, making the greenback-priced bullion more expensive for buyers holding other currencies, added Reuters.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Gold prices have been tracking the US dollar's moves closely, and increased uncertainty from the growing unrest in China seems to be underpinning the dollar this morning," Reuters quoted IG market strategist Yeap Jun Rong as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Reuters, hundreds of demonstrators and police clashed in Shanghai on Sunday night as protests over China's stringent COVID restrictions flared for a third day and spread to several cities in the wake of a deadly fire in the country's far west.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">People may be shifting to defensive assets considering the COVID situation in China, but the dollar's gains are currently overshadowing gold's safe-haven status, Yeap added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the price of gold remained as high as Rs 97,500 per tola (11.6 grams approx.) in Nepal, according to the latest update posted on the website of the Federation of Nepal Gold and Silver Dealers Association on Monday. </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16142', 'image' => '20221128012712_gold.jpg', 'article_date' => '2022-11-28 13:26:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16400', 'article_category_id' => '1', 'title' => 'Over 60 Former MPs defeated in Election ', 'sub_title' => '', 'summary' => 'November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. Those defeated also include party chair, vice-chair, general secretary, former chief minister of the province and other top leaders. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the election, former prime minister and senior leader of CPN (Unified Socialist) Jhala Nath Khanal, Chairman of Janata Samajwadi Party Nepal Upendra Yadav, senior leader of Loktantrik Samajwadi Party Rajendra Mahato, CPN (UML) senior-vice chairman Ishwar Pokharel, vice-chairman Surendra Pandey, general secretary Shanker Pokharel, assistant general secretary Pradip Kumar Gyawali were defeated. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, general secretary of CPN (Maoist Centre) Dev Prasad Gurung, assistant general secretary duo Giriraj Mani Pokharel and Pampha Bhusal also faced defeat while former chief minister of Province 1 and UML leader Sher Dhan Rai is also among the leaders staying out of the legislative body. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former speaker of the House of Representatives Onsari Gharti, former deputy speaker Pushpa Bhsual, vice-chairperson of Rastriya Janamorcha Durga Poudel, Home Minister Bal Krishna Khand, NC assistant general secretary Uma Kanta Chaudhary and other leaders also could not make it to the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The other former MPs who lost the election include Matrika Prasad Yadav, Mohammad Istiyak Rai, Yagya Raj Sunuwar, Rajendra Prasad Gautam, Rajendra Prasad Shrestha, Ram Kumari Jhankri, Hridayesh Tripathi and Rambir Manandhar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, this election remained a tough nut to crack for the politicians like Laxman Lal Karn, Lal Babu Pandit, Sujata Koirala, Lekhraj Bhatta, Bijaya Kumar Gachchhadar, Bina Magar, Birodh Khatiwada, Som Prasad Pandey, Sher Bahadur Tamang, Bijaya Subba, Bishal Bhattarai, Surya Prasad Pathak, Komal Oli, Kamal Thapa, Jeevan Ram Shrestha, Maheshwar Jung Gahatraj, Krishna Sitaula and Umesh Shrestha. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16141', 'image' => '20221128010311_JNK (Copy).jpg', 'article_date' => '2022-11-28 13:01:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16399', 'article_category_id' => '1', 'title' => 'Social Security to Cover Informal Sector, Nepali Migrant Workers Abroad ', 'sub_title' => '', 'summary' => 'November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Labour, Employment and Social Security Sher Bahadur Kunwar has pledged to bring those sector on board the social security criteria. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During an event organized on the occasion of the fifth Social Security Day on Sunday, Minister Kunwar said the social security scheme would be made conducive to the workers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hinting at amendments to the schemes unveiled under the Social Security Fund, Minister Kunwar argued that no one will be left behind since the criteria of the social security schemes has been extended. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the family members of the workers would be encouraged towards entrepreneurship development by extending the fund’s horizon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Also speaking at the event, SSF Chairman and Secretary at the Ministry, Ek Narayan Aryal, said the employees and employers should not hesitate to join the social security scheme since the SSF has been offering the contributors with attractive facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Executive Director of SSF Kapil Mani Gyawali said that the contributors’ spouse will get medical expenses and the contributors will also get medical expenses for chronic diseases. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the SSF announced the establishment of its offices in Butwal and Nepalgunj on Sunday. The SSF now has four offices including those in Biratnagar and Simara and another office will be established in Pokhara in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, 17,507 employers and 375,904 employees have been enlisted in the fund and a total of Rs 26 billion has been collected from them. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16140', 'image' => '20221128115926_agri maize.jpg', 'article_date' => '2022-11-28 11:58:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16398', 'article_category_id' => '1', 'title' => 'Election Commission Unveils Results of 157 Seats under FPTP', 'sub_title' => '', 'summary' => 'November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system. According to the latest update of the EC, the Nepali Congress (NC) continues to lead the election results. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission informed that the Nepali Congress has obtained 53 seats, followed by CPN (UML) with 42 seats, CPN (Maoist Centre) with 17 seats, CPN (Unified Socialist) with 10 seats while Rastriya Swatantra Party and Rastriya Prajatantra Party have each secured seven seats. Janata Samajwadi Party has won six seats in the lower house. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Lokatantrik Samajwadi Party has secured four seats, Nagarik Unmukti Party 3 while the Nepal Workers and Peasants Party, Rastriya Janamorcha and Janamat Party have won one seat each. Likewise, five independent candidates have been elected to the HoR under the FPTP, the Election Commissions said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting in Dolakha, Bajura and Syangja districts could not be held yet owing to disputes among the political parties' representatives and candidates contesting the parliamentary elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has decided to hold reelection in some polling centres within December 1 this year while reelection was held in Bajura on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Who won from which party? </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prime Minister and Nepali Congress President Sher Bahadur Deuba, leaders Yogesh Sherchan, Tek Bahadur Gurung, Prakashman Singh, Santosh Chalise, Gagan Kumar Thapa, Pradeep Poudel, Mohan Acharya, Udaya Shumsher JBR, Shankar Bhandari and Rajendra Kumar KC were elected to the HoR on behalf of the Nepali Congress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, other NC candidates emerging victorious include Ramesh Kumar Rijal, Hridaya Ram Thani, Ramhari Khatiwada, Bishwa Prakash Sharma, Ajay Kumar Chaurasiya, Rajendra Bajagain, Kham Bahadur Garbuja, Pushpa Bahadur Shah, Bir Bahadur Balayar, Dilendra Prasad Badu, Ramesh Lekhak, NP Saud, Dikpal Kumar Shahi, Durlabh Thapa, Shashank Koirala, Ramchandra Poudel, Kishore Singh Rathore, Dev Prakash Timalsina, Dinesh Kumar Yadav, Ramnath Adhikari and Purna Bahadur Khadka. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Election Commission, other candidates elected in the HoR from NC are Bishnu Kumar Karki, Shyam Kumar Ghimire, Deepak Giri, Sanjay Gautam, Binod Chaudhary, Ramkrishna Yadav, Mohan Bahadur Basnet, Shekhar Koirala, Dilliraj Panta, Chandrakanta Bhandari, Raju Thapa, Deepak Khadka, Surendra Raj Acharya, Sita Gurung, Sunil Kumar Sharma, Arjun Narsingh KC, Tejulal Chaudhary, Ain Bahadur Shahi, Mahendra Kumar Raya, Dig Bahadur Limbu and Purna Bahadur Tamang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates elected from CPN (UML) include Ambar Bahadur Rayamajhi, Krishna Gopal Shrestha, Prem Bahadur Maharjan, Gokarna Bista, Devraj Ghimire, KP Sharma Oli, Yogesh Bhattarai, Raj Kumar Gupta, Top Bahadur Rayamajhi, Surya Thapa, Prithivi Subba Gurung, Mahesh Bartaula, Manbir Rai, Padam Giri, Lal Prasad Sanwa Limbu, Basudev Ghimire, and Rajendra Kumar Rai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the Election Commission shared that (CPN) UML's Bidhya Bhattarai, Surya Prasad Dhakal, Ram Shankar Yadav, Damodar Bhandari, Tara Lama Tamang, Balaram Adhikari, Basanta Kumar Nemwang, Damodar Poudel, Hari Prasad Uprety, Jwala Kumari Shah, Achyut Prasad Mainali, Juli Mahato and Man Bahadur Gurung secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Leelanath Shrestha, Thakur Prasad Gaire, Rishikesh Pokharel, Mangal Prasad Gupta, Bishnu Poudel, Gokul Banskota, Narayan Prasad Acharya, Chabilal Bishwakarma, Bim Acharya, Subash Nemwang, Laxmi Mahato Koiri and Mahesh Basnet also emerged victorious on behalf of the CPN (UML). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From CPN (Maoist Centre), party's Chairperson Pushpa Kamal Dahal, its leaders Janardan Sharma, Barshaman Pun, Devendra Poudel, Shakti Bahadur Basnet, Sudan Kirati, Madhav Sapkota, Amanlal Modi, Hit Bahadur Tamang, Ram Kumar Rai, Lekhnath Dahal, Rekha Sharma, Purna Bahadur Gharti, Mahendra Ray Yadav, Surya Prasad Tamang (Dong), Tshiring Dambul Lama and Mahendra Bahadur Shahi were elected to the HoR, informed the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates wining from CPN (Unified Socialist) include party chairperson Madhav Kumar Nepal, leaders Rajendra Prasad Pandey, Dhan Bahadur Buda, Ambar Bahadur Thapa, Krishna Kumar Shrestha, Sher Bahadur Kunwar, Prakash Jwala, Met Mani Chaudhary, Prem Bahadur Ale and Bhanubhakta Joshi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates who secured seats in the HoR from Rastriya Swatantra Party are Ravi Lamichhane, Sobita Gautam, Ganesh Parajuli, Biraj Bhakta Shrestha, Hari Dhakal, Sishir Khanal and Toshima Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Janata Samajbadi Party's candidates Pradeep Yadav, Nawal Kishore Shah, Deepak Karki, Ram Sahayak Prasad Yadav, Raj Kishore Yadav and Birendra Prasad Mahato secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rastriya Prajatantra Party's candidates Rajendra Lingden, Bikram Pandey, Dhawal Shumsher Rana, Deepak Bahadur Singh, Dhruba Bahadur Pradhan, Deepak Bohora and Gyanendra Bahadur Shahi were elected HoR members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lokatantrik Samajwadi Party's Chairperson Mahantha Thakur, Sarbendranath Shukla, Sharat Singh Bhandari and Ram Prakash Chaudhary were also elected MPs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From Rastriya Janamorcha, Chitra Bahadur KC emerged victorious while Prem Suwal from Nepal Workers and Peasants Party's and Chandrakant Raut from Janamat Party secured a seat each in the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Independent candidates securing seat in HoR are Amresh Kumar Singh, Yogesh Mandal, Prabhu Shah, Kiran Kumar Shah and Lalbir Chaudhary, the Election Commission said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16139', 'image' => '20221128111324_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-28 11:12:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16397', 'article_category_id' => '1', 'title' => 'Cargo Train to Arrive at Biratnagar ICP within Three Weeks', 'sub_title' => '', 'summary' => 'November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border. Employees from Nepal and India were jostling to take photos. A passenger train with 25 coaches arrived at the ICP from Bathnaha, India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The train engine had arrived several times before for broad gauge testing, but it was the first time that the full train did had arrived here. Only cargo containers will come in this broad gauge. On Wednesday, Indian officials came for testing a passenger train.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Indian side has completed the entire railway work at the ICP which is seven and a half kilometers northeast of Bathnaha. They have also passed the test. As soon as the Indian authorities received the news from Nepal that they are ready for the agreement, India assured that they will hand over regular cargo trains from December 15 onwards. The Nepali side has also informed that the work has been completed, and preparations have been made accordingly.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Railways Department of India returned from an on-site inspection on Wednesday concluding that cargo trains can be brought up to ICP. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Roshan Kumar Dev, Site Engineer of Bathnaha-Katahari Railways under the Railways Department, said that the officials of the Indian Railways Department are making final preparations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Engineer Dev informed that they are in the process of operating a cargo train within the next one and a half months.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The work of preparing the necessary infrastructure to bring the cargo train to the Nepal Customs Yard of the ICP has also been started. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dev, the Indian government will hand over the railway to the Ministry of Physical Infrastructure of Nepal.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16138', 'image' => '20221127081123_1669501161.Clipboard16 (1).jpg', 'article_date' => '2022-11-27 20:10:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16396', 'article_category_id' => '1', 'title' => 'Costa Rica Stun Japan, Hand a Lifeline to Germany', 'sub_title' => '', 'summary' => 'November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. The win over Japan has given a potential lifeline to heavyweight Germany, who were beaten by the Samurai Blue 2-1 in their opening match.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to AFP, Japan could have taken a giant stride towards the last 16 with a win but they laboured for large parts of the match against a Costa Rica side who were hammered 7-0 by Spain.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's curling 81st-minute effort, Costa Rica's first shot on target in the entire tournament, rocked Japan and put their hopes of progression in peril, Reuters reported.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The result left Spain, Japan and Costa Rica all on three points. Spain face Germany later on Sunday in another crucial contest.</span></span></p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16137', 'image' => '20221127071334_Untitled.jpg', 'article_date' => '2022-11-27 19:13:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16395', 'article_category_id' => '1', 'title' => '80 Percent Vote Count under PR Completed ', 'sub_title' => '', 'summary' => 'November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 17.9 million registered voters, the voters' turnout was 61 percent, according to the EC. So far, approximately 80 percent of the votes cast during the November 20 election have been counted, said EC's Spokesperson Shaligram Sharma Paudel. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to him, approximately 2.4 million votes remain to be counted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The latest updates of the EC show that out of 8,774,661 votes counted so far, the CPN (UML) is leading with 2,413,222 votes followed by the Nepali Congress with 2,294,983 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the CPN (Maoist Center) has secured 1,005,679 votes, followed by the Rastriya Swatantra Party with 983,522 votes, the Rastriya Prajatantra Party with 513,911 votes, the Janata Samajwadi Party with 300,449 votes, and the CPN (Unified Socialist) with 235,375 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Janamat Party has obtained 234,127 votes, the Nagarik Unmukti Party 202,079 votes, the Loktantrik Samajwadi Party 122,557 votes, the Nepal Workers and Peasants Party 70,371 votes, the Hamro Nepal Party 49,627 votes, the Rastriya Janamorcha 43,926 votes and the Mongol National Organisation 44,208 votes. The Nationalist People’s Party has received the lowest 1,504 votes. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16136', 'image' => '20221127064936_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-27 18:49:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16409', 'article_category_id' => '1', 'title' => 'Mustang District Exports Apples worth Rs 500 Million ', 'sub_title' => '', 'summary' => 'November 29: Apples worth Rs 500 million have been exported from Mustang this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: Apples worth Rs 500 million have been exported from Mustang this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seventy percent of the apples produced in Mustang have been supplied outside the district, according to the district-based agriculture knowledge centre. The export amounted to 4,620 metric tons. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples produced in the district are sold at Rs 100 per kg in September and at Rs 120-130 per kg in November. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the farmers said the apples were sold at Rs 110 per kg in an average. Chief of the agriculture knowledge centre in Mustang, Prakash Bastakoti, informed that the production of apple increased by 18.56 percent this year. </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 production has increased due to favourable climate and new plants," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples were planted in 580 hectares of land in Mustang. The farming is done in all five local levels of Mustang. A recent survey had revealed that 11.37 metric tons of apples are produced in a hectare of land, Bastakoti added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agriculture officer for PM Agriculture Modernization Project, Netra Bhatta, said nearly 70 metric tons of apples are kept in six cold stores for off-season sale. In March-April, the apple will fetch better price. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Apples are produced in areas with an altitude of 2,500 meter above the sea level. The cold weather with snow adds quality and taste to the apple. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourists visiting Mustang buy apples as gift. There are also six liquor factories which produce liquor by processing apples. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16150', 'image' => '20221129115521_SushilbabuThakali_Mustang_RSS_10(2).jpg', 'article_date' => '2022-11-29 11:54:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16408', 'article_category_id' => '1', 'title' => 'NRB Quarterly Review of Monetary Policy Unlikely to Keep Fiscal Stability: NCC', 'sub_title' => '', 'summary' => 'November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has drawn a conclusion that the quarterly review along with the squeezed monetary policy could not address the problems faced by the financial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The chamber was hopeful that the quarterly review of the monetary policy could possibly address the domestic economic risks," reads a statement issued by the chamber. "Though the country witnessed some improvements in external sector there are risks in internal economic sector," the statement added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC claimed that the central bank's latest measure would not help boost the economic dynamics in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Though the spread rate reduction by 0.4 percent would limit rise in interest rate in coming days, it has nominal chance to slash the existing interest rates, the chamber further commented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has urged the central bank to keep premium on base rate maximum at two percent for the banks and financial institutions (BFIs) to release loans. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC also noted that the central bank’s review of the monetary policy would further negatively affect the industrial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chamber has cautioned the central bank with seven-point memorandum. It has also asked the central bank to reduce the existing 8.5 percent bank rate to five percent. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'NCC, NRB, central bank, monetary, policy, review, financial, crisis, Nepal, external, sector', 'description' => '', 'sortorder' => '16149', 'image' => '20221129111533_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-11-29 11:14:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16407', 'article_category_id' => '1', 'title' => 'Casemiro Magic Sends Brazil into Knockout Stage', 'sub_title' => '', 'summary' => 'November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Manchester United midfielder brought the match to life seven minutes from time in an otherwise drab encounter as he fired a first-time effort into the far corner, leaving Swiss goalkeeper Tann Sommer standing</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With this victory, Brazil leads the group with maximum points and will be guaranteed the top spot with just a draw against Cameroon in their final group-stage game.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, he was described before the match as Brazil's key "invisible man" but by full-time Casemiro was being lauded as the "best midfielder in the world".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Brazil's World Cup match against Switzerland looked to be heading for a dour, goalless draw but the Manchester United player had other ideas. With seven minutes remaining and some fans heading for the exits, Casemiro fired an unstoppable, angled drive into the far corner of the net to leave the remaining supporters roaring in delight and fire his side into the last 16 with a game to spare,” BBC reported.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16148', 'image' => '20221129104821_20221129_afp_brazilswiss.jpg', 'article_date' => '2022-11-29 10:47:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16406', 'article_category_id' => '1', 'title' => 'Fernandes Double Fires Portugal into World Cup Last 16', 'sub_title' => '', 'summary' => 'November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a scrappy encounter at Lusail Stadium.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a "scrappy encounter" at Lusail Stadium.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, Portugal reached the knockout stage to join France and Brazil with a match to spare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">For a Portugal whose World Cup narrative has so far been crafted by the controversy and brilliance of Cristiano Ronaldo, the night belonged to Fernandes, who shone throughout and always looked threatening, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">His first goal set the tone of how the match would play out, with a 55th minute cross intended for Ronaldo that sailed fortuitously into the net, before a perfectly executed spot kick in stoppage time that guaranteed his side's passage to the knockout stage, the news agency added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Ronaldo had celebrated the first goal ecstatically as his own and smiled awkwardly as it was announced as belonging to Fernandes, who twice came close to completing a hat-trick in the dying moments.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, it was the moment Cristiano Ronaldo thought he had joined Eusebio as Portugal's World Cup record goalscorer - well, for a couple of minutes anyway.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Portuguese forward's jubilant celebrations convinced everyone his head had got the last touch to Bruno Fernandes' cross for the crucial opener in his country's 2-0 win over Uruguay, added the BBC.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Not only was it a goal that sent Portugal on their way to qualification for the knockout stages with a game to spare, it was also going to be his ninth World Cup strike - bringing him level with the great Eusebio. But then came the uncertainty. While Ronaldo was clearly convinced it was his goal, the replays were not so conclusive.”</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'Portugal, Bruno, Fernandez, Ronaldo. Cristiano, Uruguay, World Cup, Brazil, France, knockout, stage, last-16', 'description' => '', 'sortorder' => '16147', 'image' => '20221129103254_skysports-portugal-uruguay_5980922.jpg', 'article_date' => '2022-11-29 10:31:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16405', 'article_category_id' => '1', 'title' => 'MCC Issues Public Notice for Construction of Transmission Lines ', 'sub_title' => '', 'summary' => 'November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has invited sealed bids from all interested and eligible bidders for design, supply, delivery, installation, testing and commissioning of the transmission lines. The project covers Lapsiphedi-Ratmate-New Hetauda 400kV D/C transmission line, Ratmate-New Damauli 400kV D/C transmission line, New Damauli-New Butwal 400kV D/C transmission line and New Butwal-Nepal/India Border 400kV D/C transmission line, according to the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated that bidding will be conducted through the Quality and Price Based Selection (QPBS) procedures as specified in the MCC Program Procurement Guidelines (PPG), and is open to all eligible bidders or consultants as defined in the PPG. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A complete set of bidding documents may be obtained by interested bidders upon the submission of a written application at the following email address MCANepalPA@dt-global.com with cc to MCANepalPA@mcanp.org. The deadline for submitting the sealed documents is March 27. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">All bids shall be accompanied by a bid security amount of US$ 700,000 for Lot 1, US$ 550,000 for Lot 2 and US$ 675,000 for Lot 3 and if issued by a bank located outside of Nepal, must be confirmed (counter bank guarantee to be issued) by a correspondent financial institution located in Nepal and shall be valid until December 20, 2023, reads the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that the Government of Nepal and the United States of America-based Millennium Challenge Corporation (MCC) entered into a Millennium Challenge Compact on September 14, 2017, under which the US government pledged to provide a grant of up to US$ 500 million to expedite the economic growth and reduce poverty in Nepal to which the Government of Nepal will contribute up to US$ 130 million. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16146', 'image' => '20221128062840_20220228112208_MCC.jpg', 'article_date' => '2022-11-28 18:28:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16404', 'article_category_id' => '1', 'title' => 'Banks Charging High Interest Citing Liquidity Crisis', 'sub_title' => '', 'summary' => 'November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds. Subodh Kumar Gupta, president of Birgunj Chamber of Commerce and Industry, said that although the base rate and premium rate applicable for the loan were specified when the loan agreement was signed between the bank and the borrower, the banks are now increasing those rates arbitrarily on the pretext of lack of liquidity.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs claim that the regulatory body, Nepal Rastra Bank, has become a mere spectator towards the malpractice of the banks. According to Anil Agarwal, senior vice president of the chamber, even though NRB has instructed the banks to refund the amount charged by the banks due to the increased premiums, most of the banks have not complied with the NRB instruction.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">He said that the NRB has not taken any effective action on such banks. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Agarwal stated, “The base rate of banks is reviewed every three months. The premium rate remains the same for the duration of the contract. Banks have increased the premium in an unfair manner.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Traders say that the ultimate burden of such move of the banks fall upon the consumers. Officials of NRB said that even with the borrowers’ consent, the premium cannot be increased throughout the contract period, but it has not been followed by the banks. NRB has instructed banks to return any additional sum acquired in such manner. The businessman says that NRB seems reluctant to take action against the banks for not following its instructions.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Madhav Rajpal, vice president of the association, the banks increased the premium rate by 3 to 4 percentage points by putting undue pressure on the borrowers. He informed that the base rate on the new loan has also been increased by the same amount.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The importers too complained that service charges, loan renewal charges as well as LC charges have been increased arbitrarily, holding lack of liquidity responsible.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Rajpal also informed that the chamber has written a letter to NRB about such malpractice of the banks. Businessmen say that the interest rate on loans taken in the past at 7/8 percent has now been increased to 16/17 percent. As a result, the competitiveness of business and production has decreased.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16145', 'image' => '20221128050135_20221116011323_Banks - Copy.jpg', 'article_date' => '2022-11-28 17:01:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16403', 'article_category_id' => '1', 'title' => 'Germany Keep World Cup Hopes Alive as Morocco Stun Belgium', 'sub_title' => '', 'summary' => 'November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Elsewhere, 2018 runners-up Croatia crushed Canada 4-1 to eliminate their opponents while Costa Rica claimed a shock win over Japan.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's 81st-minute goal for Costa Rica at Doha's Ahmad Bin Ali Stadium in Sunday's early game eased some of the pressure on the Germans as it prevented Japan from taking a giant stride towards the last 16.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Hansi Flick's German side nevertheless desperately needed something from their meeting with 2010 winners Spain at Al Bayt Stadium in Al Khor, north of Doha, after losing 2-1 to Japan in their Group E opener.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Yet they were in big trouble when substitute Alvaro Morata turned in Jordi Alba's cross to put Spain ahead just after the hour mark.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">However Germany, who had an Antonio Ruediger goal disallowed for offside in the first half, had a substitute of their own to thank as Werder Bremen striker Fuellkrug lashed in an 83rd-minute leveller on just his third international appearance. (AFP/RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16144', 'image' => '20221128043752_germany-spain-1024x569.jpg', 'article_date' => '2022-11-28 16:37:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16402', 'article_category_id' => '1', 'title' => 'Business Community Urges NRB to Review Working Capital Loan Guidelines', 'sub_title' => '', 'summary' => 'November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. The guidelines have already come into effect since the last two months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industries (FNCCI) submitted a written memo to Nepal Rastra Bank (NRB) requesting it to implement the guidelines in a phase-wise manner. The central bank officials had earlier said that they would review the guidelines after the November 20 elections to the House of Representatives and provincial assemblies.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The businessmen, however, have urged the central bank to provide 40 percent loan for a company with annual transaction of Rs 20 million and 50 percent loan for transaction above that threshold. Also, they have urged the NRB to avail term loans for up to 180 days instead of 90 days. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16143', 'image' => '20221128020539_Working-Capital-Loan.jpg', 'article_date' => '2022-11-28 14:05:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16401', 'article_category_id' => '1', 'title' => 'Gold Price Dips in Int’l Market as Dollar Gains on China COVID Risks', 'sub_title' => 'Gold Price Remains as High as Rs 97.500 Per 11 Grams in Nepal', 'summary' => 'November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, spot gold was down 0.4 percent at US$1,748.84 per ounce, as of 0555 GMT. US gold futures fell 0.3 percent to US$1,749.60.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The dollar index was up 0.4 percent, making the greenback-priced bullion more expensive for buyers holding other currencies, added Reuters.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Gold prices have been tracking the US dollar's moves closely, and increased uncertainty from the growing unrest in China seems to be underpinning the dollar this morning," Reuters quoted IG market strategist Yeap Jun Rong as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Reuters, hundreds of demonstrators and police clashed in Shanghai on Sunday night as protests over China's stringent COVID restrictions flared for a third day and spread to several cities in the wake of a deadly fire in the country's far west.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">People may be shifting to defensive assets considering the COVID situation in China, but the dollar's gains are currently overshadowing gold's safe-haven status, Yeap added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the price of gold remained as high as Rs 97,500 per tola (11.6 grams approx.) in Nepal, according to the latest update posted on the website of the Federation of Nepal Gold and Silver Dealers Association on Monday. </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16142', 'image' => '20221128012712_gold.jpg', 'article_date' => '2022-11-28 13:26:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16400', 'article_category_id' => '1', 'title' => 'Over 60 Former MPs defeated in Election ', 'sub_title' => '', 'summary' => 'November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. Those defeated also include party chair, vice-chair, general secretary, former chief minister of the province and other top leaders. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the election, former prime minister and senior leader of CPN (Unified Socialist) Jhala Nath Khanal, Chairman of Janata Samajwadi Party Nepal Upendra Yadav, senior leader of Loktantrik Samajwadi Party Rajendra Mahato, CPN (UML) senior-vice chairman Ishwar Pokharel, vice-chairman Surendra Pandey, general secretary Shanker Pokharel, assistant general secretary Pradip Kumar Gyawali were defeated. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, general secretary of CPN (Maoist Centre) Dev Prasad Gurung, assistant general secretary duo Giriraj Mani Pokharel and Pampha Bhusal also faced defeat while former chief minister of Province 1 and UML leader Sher Dhan Rai is also among the leaders staying out of the legislative body. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former speaker of the House of Representatives Onsari Gharti, former deputy speaker Pushpa Bhsual, vice-chairperson of Rastriya Janamorcha Durga Poudel, Home Minister Bal Krishna Khand, NC assistant general secretary Uma Kanta Chaudhary and other leaders also could not make it to the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The other former MPs who lost the election include Matrika Prasad Yadav, Mohammad Istiyak Rai, Yagya Raj Sunuwar, Rajendra Prasad Gautam, Rajendra Prasad Shrestha, Ram Kumari Jhankri, Hridayesh Tripathi and Rambir Manandhar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, this election remained a tough nut to crack for the politicians like Laxman Lal Karn, Lal Babu Pandit, Sujata Koirala, Lekhraj Bhatta, Bijaya Kumar Gachchhadar, Bina Magar, Birodh Khatiwada, Som Prasad Pandey, Sher Bahadur Tamang, Bijaya Subba, Bishal Bhattarai, Surya Prasad Pathak, Komal Oli, Kamal Thapa, Jeevan Ram Shrestha, Maheshwar Jung Gahatraj, Krishna Sitaula and Umesh Shrestha. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16141', 'image' => '20221128010311_JNK (Copy).jpg', 'article_date' => '2022-11-28 13:01:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16399', 'article_category_id' => '1', 'title' => 'Social Security to Cover Informal Sector, Nepali Migrant Workers Abroad ', 'sub_title' => '', 'summary' => 'November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Labour, Employment and Social Security Sher Bahadur Kunwar has pledged to bring those sector on board the social security criteria. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During an event organized on the occasion of the fifth Social Security Day on Sunday, Minister Kunwar said the social security scheme would be made conducive to the workers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hinting at amendments to the schemes unveiled under the Social Security Fund, Minister Kunwar argued that no one will be left behind since the criteria of the social security schemes has been extended. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the family members of the workers would be encouraged towards entrepreneurship development by extending the fund’s horizon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Also speaking at the event, SSF Chairman and Secretary at the Ministry, Ek Narayan Aryal, said the employees and employers should not hesitate to join the social security scheme since the SSF has been offering the contributors with attractive facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Executive Director of SSF Kapil Mani Gyawali said that the contributors’ spouse will get medical expenses and the contributors will also get medical expenses for chronic diseases. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the SSF announced the establishment of its offices in Butwal and Nepalgunj on Sunday. The SSF now has four offices including those in Biratnagar and Simara and another office will be established in Pokhara in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, 17,507 employers and 375,904 employees have been enlisted in the fund and a total of Rs 26 billion has been collected from them. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16140', 'image' => '20221128115926_agri maize.jpg', 'article_date' => '2022-11-28 11:58:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16398', 'article_category_id' => '1', 'title' => 'Election Commission Unveils Results of 157 Seats under FPTP', 'sub_title' => '', 'summary' => 'November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system. According to the latest update of the EC, the Nepali Congress (NC) continues to lead the election results. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission informed that the Nepali Congress has obtained 53 seats, followed by CPN (UML) with 42 seats, CPN (Maoist Centre) with 17 seats, CPN (Unified Socialist) with 10 seats while Rastriya Swatantra Party and Rastriya Prajatantra Party have each secured seven seats. Janata Samajwadi Party has won six seats in the lower house. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Lokatantrik Samajwadi Party has secured four seats, Nagarik Unmukti Party 3 while the Nepal Workers and Peasants Party, Rastriya Janamorcha and Janamat Party have won one seat each. Likewise, five independent candidates have been elected to the HoR under the FPTP, the Election Commissions said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting in Dolakha, Bajura and Syangja districts could not be held yet owing to disputes among the political parties' representatives and candidates contesting the parliamentary elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has decided to hold reelection in some polling centres within December 1 this year while reelection was held in Bajura on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Who won from which party? </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prime Minister and Nepali Congress President Sher Bahadur Deuba, leaders Yogesh Sherchan, Tek Bahadur Gurung, Prakashman Singh, Santosh Chalise, Gagan Kumar Thapa, Pradeep Poudel, Mohan Acharya, Udaya Shumsher JBR, Shankar Bhandari and Rajendra Kumar KC were elected to the HoR on behalf of the Nepali Congress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, other NC candidates emerging victorious include Ramesh Kumar Rijal, Hridaya Ram Thani, Ramhari Khatiwada, Bishwa Prakash Sharma, Ajay Kumar Chaurasiya, Rajendra Bajagain, Kham Bahadur Garbuja, Pushpa Bahadur Shah, Bir Bahadur Balayar, Dilendra Prasad Badu, Ramesh Lekhak, NP Saud, Dikpal Kumar Shahi, Durlabh Thapa, Shashank Koirala, Ramchandra Poudel, Kishore Singh Rathore, Dev Prakash Timalsina, Dinesh Kumar Yadav, Ramnath Adhikari and Purna Bahadur Khadka. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Election Commission, other candidates elected in the HoR from NC are Bishnu Kumar Karki, Shyam Kumar Ghimire, Deepak Giri, Sanjay Gautam, Binod Chaudhary, Ramkrishna Yadav, Mohan Bahadur Basnet, Shekhar Koirala, Dilliraj Panta, Chandrakanta Bhandari, Raju Thapa, Deepak Khadka, Surendra Raj Acharya, Sita Gurung, Sunil Kumar Sharma, Arjun Narsingh KC, Tejulal Chaudhary, Ain Bahadur Shahi, Mahendra Kumar Raya, Dig Bahadur Limbu and Purna Bahadur Tamang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates elected from CPN (UML) include Ambar Bahadur Rayamajhi, Krishna Gopal Shrestha, Prem Bahadur Maharjan, Gokarna Bista, Devraj Ghimire, KP Sharma Oli, Yogesh Bhattarai, Raj Kumar Gupta, Top Bahadur Rayamajhi, Surya Thapa, Prithivi Subba Gurung, Mahesh Bartaula, Manbir Rai, Padam Giri, Lal Prasad Sanwa Limbu, Basudev Ghimire, and Rajendra Kumar Rai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the Election Commission shared that (CPN) UML's Bidhya Bhattarai, Surya Prasad Dhakal, Ram Shankar Yadav, Damodar Bhandari, Tara Lama Tamang, Balaram Adhikari, Basanta Kumar Nemwang, Damodar Poudel, Hari Prasad Uprety, Jwala Kumari Shah, Achyut Prasad Mainali, Juli Mahato and Man Bahadur Gurung secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Leelanath Shrestha, Thakur Prasad Gaire, Rishikesh Pokharel, Mangal Prasad Gupta, Bishnu Poudel, Gokul Banskota, Narayan Prasad Acharya, Chabilal Bishwakarma, Bim Acharya, Subash Nemwang, Laxmi Mahato Koiri and Mahesh Basnet also emerged victorious on behalf of the CPN (UML). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From CPN (Maoist Centre), party's Chairperson Pushpa Kamal Dahal, its leaders Janardan Sharma, Barshaman Pun, Devendra Poudel, Shakti Bahadur Basnet, Sudan Kirati, Madhav Sapkota, Amanlal Modi, Hit Bahadur Tamang, Ram Kumar Rai, Lekhnath Dahal, Rekha Sharma, Purna Bahadur Gharti, Mahendra Ray Yadav, Surya Prasad Tamang (Dong), Tshiring Dambul Lama and Mahendra Bahadur Shahi were elected to the HoR, informed the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates wining from CPN (Unified Socialist) include party chairperson Madhav Kumar Nepal, leaders Rajendra Prasad Pandey, Dhan Bahadur Buda, Ambar Bahadur Thapa, Krishna Kumar Shrestha, Sher Bahadur Kunwar, Prakash Jwala, Met Mani Chaudhary, Prem Bahadur Ale and Bhanubhakta Joshi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates who secured seats in the HoR from Rastriya Swatantra Party are Ravi Lamichhane, Sobita Gautam, Ganesh Parajuli, Biraj Bhakta Shrestha, Hari Dhakal, Sishir Khanal and Toshima Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Janata Samajbadi Party's candidates Pradeep Yadav, Nawal Kishore Shah, Deepak Karki, Ram Sahayak Prasad Yadav, Raj Kishore Yadav and Birendra Prasad Mahato secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rastriya Prajatantra Party's candidates Rajendra Lingden, Bikram Pandey, Dhawal Shumsher Rana, Deepak Bahadur Singh, Dhruba Bahadur Pradhan, Deepak Bohora and Gyanendra Bahadur Shahi were elected HoR members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lokatantrik Samajwadi Party's Chairperson Mahantha Thakur, Sarbendranath Shukla, Sharat Singh Bhandari and Ram Prakash Chaudhary were also elected MPs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From Rastriya Janamorcha, Chitra Bahadur KC emerged victorious while Prem Suwal from Nepal Workers and Peasants Party's and Chandrakant Raut from Janamat Party secured a seat each in the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Independent candidates securing seat in HoR are Amresh Kumar Singh, Yogesh Mandal, Prabhu Shah, Kiran Kumar Shah and Lalbir Chaudhary, the Election Commission said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16139', 'image' => '20221128111324_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-28 11:12:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16397', 'article_category_id' => '1', 'title' => 'Cargo Train to Arrive at Biratnagar ICP within Three Weeks', 'sub_title' => '', 'summary' => 'November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border. Employees from Nepal and India were jostling to take photos. A passenger train with 25 coaches arrived at the ICP from Bathnaha, India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The train engine had arrived several times before for broad gauge testing, but it was the first time that the full train did had arrived here. Only cargo containers will come in this broad gauge. On Wednesday, Indian officials came for testing a passenger train.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Indian side has completed the entire railway work at the ICP which is seven and a half kilometers northeast of Bathnaha. They have also passed the test. As soon as the Indian authorities received the news from Nepal that they are ready for the agreement, India assured that they will hand over regular cargo trains from December 15 onwards. The Nepali side has also informed that the work has been completed, and preparations have been made accordingly.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Railways Department of India returned from an on-site inspection on Wednesday concluding that cargo trains can be brought up to ICP. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Roshan Kumar Dev, Site Engineer of Bathnaha-Katahari Railways under the Railways Department, said that the officials of the Indian Railways Department are making final preparations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Engineer Dev informed that they are in the process of operating a cargo train within the next one and a half months.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The work of preparing the necessary infrastructure to bring the cargo train to the Nepal Customs Yard of the ICP has also been started. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dev, the Indian government will hand over the railway to the Ministry of Physical Infrastructure of Nepal.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16138', 'image' => '20221127081123_1669501161.Clipboard16 (1).jpg', 'article_date' => '2022-11-27 20:10:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16396', 'article_category_id' => '1', 'title' => 'Costa Rica Stun Japan, Hand a Lifeline to Germany', 'sub_title' => '', 'summary' => 'November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. The win over Japan has given a potential lifeline to heavyweight Germany, who were beaten by the Samurai Blue 2-1 in their opening match.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to AFP, Japan could have taken a giant stride towards the last 16 with a win but they laboured for large parts of the match against a Costa Rica side who were hammered 7-0 by Spain.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's curling 81st-minute effort, Costa Rica's first shot on target in the entire tournament, rocked Japan and put their hopes of progression in peril, Reuters reported.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The result left Spain, Japan and Costa Rica all on three points. Spain face Germany later on Sunday in another crucial contest.</span></span></p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16137', 'image' => '20221127071334_Untitled.jpg', 'article_date' => '2022-11-27 19:13:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16395', 'article_category_id' => '1', 'title' => '80 Percent Vote Count under PR Completed ', 'sub_title' => '', 'summary' => 'November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 17.9 million registered voters, the voters' turnout was 61 percent, according to the EC. So far, approximately 80 percent of the votes cast during the November 20 election have been counted, said EC's Spokesperson Shaligram Sharma Paudel. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to him, approximately 2.4 million votes remain to be counted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The latest updates of the EC show that out of 8,774,661 votes counted so far, the CPN (UML) is leading with 2,413,222 votes followed by the Nepali Congress with 2,294,983 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the CPN (Maoist Center) has secured 1,005,679 votes, followed by the Rastriya Swatantra Party with 983,522 votes, the Rastriya Prajatantra Party with 513,911 votes, the Janata Samajwadi Party with 300,449 votes, and the CPN (Unified Socialist) with 235,375 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Janamat Party has obtained 234,127 votes, the Nagarik Unmukti Party 202,079 votes, the Loktantrik Samajwadi Party 122,557 votes, the Nepal Workers and Peasants Party 70,371 votes, the Hamro Nepal Party 49,627 votes, the Rastriya Janamorcha 43,926 votes and the Mongol National Organisation 44,208 votes. The Nationalist People’s Party has received the lowest 1,504 votes. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16136', 'image' => '20221127064936_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-27 18:49:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16409', 'article_category_id' => '1', 'title' => 'Mustang District Exports Apples worth Rs 500 Million ', 'sub_title' => '', 'summary' => 'November 29: Apples worth Rs 500 million have been exported from Mustang this year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: Apples worth Rs 500 million have been exported from Mustang this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seventy percent of the apples produced in Mustang have been supplied outside the district, according to the district-based agriculture knowledge centre. The export amounted to 4,620 metric tons. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples produced in the district are sold at Rs 100 per kg in September and at Rs 120-130 per kg in November. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, the farmers said the apples were sold at Rs 110 per kg in an average. Chief of the agriculture knowledge centre in Mustang, Prakash Bastakoti, informed that the production of apple increased by 18.56 percent this year. </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 production has increased due to favourable climate and new plants," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The apples were planted in 580 hectares of land in Mustang. The farming is done in all five local levels of Mustang. A recent survey had revealed that 11.37 metric tons of apples are produced in a hectare of land, Bastakoti added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agriculture officer for PM Agriculture Modernization Project, Netra Bhatta, said nearly 70 metric tons of apples are kept in six cold stores for off-season sale. In March-April, the apple will fetch better price. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Apples are produced in areas with an altitude of 2,500 meter above the sea level. The cold weather with snow adds quality and taste to the apple. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourists visiting Mustang buy apples as gift. There are also six liquor factories which produce liquor by processing apples. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16150', 'image' => '20221129115521_SushilbabuThakali_Mustang_RSS_10(2).jpg', 'article_date' => '2022-11-29 11:54:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16408', 'article_category_id' => '1', 'title' => 'NRB Quarterly Review of Monetary Policy Unlikely to Keep Fiscal Stability: NCC', 'sub_title' => '', 'summary' => 'November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 29: The Nepal Chamber of Commerce (NCC) has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has drawn a conclusion that the quarterly review along with the squeezed monetary policy could not address the problems faced by the financial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"The chamber was hopeful that the quarterly review of the monetary policy could possibly address the domestic economic risks," reads a statement issued by the chamber. "Though the country witnessed some improvements in external sector there are risks in internal economic sector," the statement added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC claimed that the central bank's latest measure would not help boost the economic dynamics in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Though the spread rate reduction by 0.4 percent would limit rise in interest rate in coming days, it has nominal chance to slash the existing interest rates, the chamber further commented. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC has urged the central bank to keep premium on base rate maximum at two percent for the banks and financial institutions (BFIs) to release loans. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NCC also noted that the central bank’s review of the monetary policy would further negatively affect the industrial sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chamber has cautioned the central bank with seven-point memorandum. It has also asked the central bank to reduce the existing 8.5 percent bank rate to five percent. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'NCC, NRB, central bank, monetary, policy, review, financial, crisis, Nepal, external, sector', 'description' => '', 'sortorder' => '16149', 'image' => '20221129111533_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2022-11-29 11:14:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16407', 'article_category_id' => '1', 'title' => 'Casemiro Magic Sends Brazil into Knockout Stage', 'sub_title' => '', 'summary' => 'November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: Brazil’s ‘invisible man’ Casemiro scored a stunning winner as the five-time champions edged past Switzerland to reach the World Cup knockout stage on Monday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Manchester United midfielder brought the match to life seven minutes from time in an otherwise drab encounter as he fired a first-time effort into the far corner, leaving Swiss goalkeeper Tann Sommer standing</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">With this victory, Brazil leads the group with maximum points and will be guaranteed the top spot with just a draw against Cameroon in their final group-stage game.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, he was described before the match as Brazil's key "invisible man" but by full-time Casemiro was being lauded as the "best midfielder in the world".</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Brazil's World Cup match against Switzerland looked to be heading for a dour, goalless draw but the Manchester United player had other ideas. With seven minutes remaining and some fans heading for the exits, Casemiro fired an unstoppable, angled drive into the far corner of the net to leave the remaining supporters roaring in delight and fire his side into the last 16 with a game to spare,” BBC reported.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '16148', 'image' => '20221129104821_20221129_afp_brazilswiss.jpg', 'article_date' => '2022-11-29 10:47:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16406', 'article_category_id' => '1', 'title' => 'Fernandes Double Fires Portugal into World Cup Last 16', 'sub_title' => '', 'summary' => 'November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a scrappy encounter at Lusail Stadium.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 29: A second-half brace from Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday as they outclassed Uruguay 2-0 in a "scrappy encounter" at Lusail Stadium.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, Portugal reached the knockout stage to join France and Brazil with a match to spare.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">For a Portugal whose World Cup narrative has so far been crafted by the controversy and brilliance of Cristiano Ronaldo, the night belonged to Fernandes, who shone throughout and always looked threatening, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">His first goal set the tone of how the match would play out, with a 55th minute cross intended for Ronaldo that sailed fortuitously into the net, before a perfectly executed spot kick in stoppage time that guaranteed his side's passage to the knockout stage, the news agency added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Ronaldo had celebrated the first goal ecstatically as his own and smiled awkwardly as it was announced as belonging to Fernandes, who twice came close to completing a hat-trick in the dying moments.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the BBC, it was the moment Cristiano Ronaldo thought he had joined Eusebio as Portugal's World Cup record goalscorer - well, for a couple of minutes anyway.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Portuguese forward's jubilant celebrations convinced everyone his head had got the last touch to Bruno Fernandes' cross for the crucial opener in his country's 2-0 win over Uruguay, added the BBC.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“Not only was it a goal that sent Portugal on their way to qualification for the knockout stages with a game to spare, it was also going to be his ninth World Cup strike - bringing him level with the great Eusebio. But then came the uncertainty. While Ronaldo was clearly convinced it was his goal, the replays were not so conclusive.”</span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-29', 'modified' => '2022-11-29', 'keywords' => 'Portugal, Bruno, Fernandez, Ronaldo. Cristiano, Uruguay, World Cup, Brazil, France, knockout, stage, last-16', 'description' => '', 'sortorder' => '16147', 'image' => '20221129103254_skysports-portugal-uruguay_5980922.jpg', 'article_date' => '2022-11-29 10:31:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16405', 'article_category_id' => '1', 'title' => 'MCC Issues Public Notice for Construction of Transmission Lines ', 'sub_title' => '', 'summary' => 'November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Millennium Challenge Account (MCA) Nepal has issued a specific procurement notice in regard with the construction of electricity transmission lines. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has invited sealed bids from all interested and eligible bidders for design, supply, delivery, installation, testing and commissioning of the transmission lines. The project covers Lapsiphedi-Ratmate-New Hetauda 400kV D/C transmission line, Ratmate-New Damauli 400kV D/C transmission line, New Damauli-New Butwal 400kV D/C transmission line and New Butwal-Nepal/India Border 400kV D/C transmission line, according to the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is stated that bidding will be conducted through the Quality and Price Based Selection (QPBS) procedures as specified in the MCC Program Procurement Guidelines (PPG), and is open to all eligible bidders or consultants as defined in the PPG. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A complete set of bidding documents may be obtained by interested bidders upon the submission of a written application at the following email address MCANepalPA@dt-global.com with cc to MCANepalPA@mcanp.org. The deadline for submitting the sealed documents is March 27. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">All bids shall be accompanied by a bid security amount of US$ 700,000 for Lot 1, US$ 550,000 for Lot 2 and US$ 675,000 for Lot 3 and if issued by a bank located outside of Nepal, must be confirmed (counter bank guarantee to be issued) by a correspondent financial institution located in Nepal and shall be valid until December 20, 2023, reads the notice. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that the Government of Nepal and the United States of America-based Millennium Challenge Corporation (MCC) entered into a Millennium Challenge Compact on September 14, 2017, under which the US government pledged to provide a grant of up to US$ 500 million to expedite the economic growth and reduce poverty in Nepal to which the Government of Nepal will contribute up to US$ 130 million. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16146', 'image' => '20221128062840_20220228112208_MCC.jpg', 'article_date' => '2022-11-28 18:28:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16404', 'article_category_id' => '1', 'title' => 'Banks Charging High Interest Citing Liquidity Crisis', 'sub_title' => '', 'summary' => 'November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">November 28: Businessmen have accused commercial banks of charging high interest rates under the pretext of lack of investable funds. Subodh Kumar Gupta, president of Birgunj Chamber of Commerce and Industry, said that although the base rate and premium rate applicable for the loan were specified when the loan agreement was signed between the bank and the borrower, the banks are now increasing those rates arbitrarily on the pretext of lack of liquidity.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Entrepreneurs claim that the regulatory body, Nepal Rastra Bank, has become a mere spectator towards the malpractice of the banks. According to Anil Agarwal, senior vice president of the chamber, even though NRB has instructed the banks to refund the amount charged by the banks due to the increased premiums, most of the banks have not complied with the NRB instruction.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">He said that the NRB has not taken any effective action on such banks. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Agarwal stated, “The base rate of banks is reviewed every three months. The premium rate remains the same for the duration of the contract. Banks have increased the premium in an unfair manner.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Traders say that the ultimate burden of such move of the banks fall upon the consumers. Officials of NRB said that even with the borrowers’ consent, the premium cannot be increased throughout the contract period, but it has not been followed by the banks. NRB has instructed banks to return any additional sum acquired in such manner. The businessman says that NRB seems reluctant to take action against the banks for not following its instructions.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to Madhav Rajpal, vice president of the association, the banks increased the premium rate by 3 to 4 percentage points by putting undue pressure on the borrowers. He informed that the base rate on the new loan has also been increased by the same amount.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The importers too complained that service charges, loan renewal charges as well as LC charges have been increased arbitrarily, holding lack of liquidity responsible.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Rajpal also informed that the chamber has written a letter to NRB about such malpractice of the banks. Businessmen say that the interest rate on loans taken in the past at 7/8 percent has now been increased to 16/17 percent. As a result, the competitiveness of business and production has decreased.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16145', 'image' => '20221128050135_20221116011323_Banks - Copy.jpg', 'article_date' => '2022-11-28 17:01:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16403', 'article_category_id' => '1', 'title' => 'Germany Keep World Cup Hopes Alive as Morocco Stun Belgium', 'sub_title' => '', 'summary' => 'November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 28: A late goal by substitute Niclas Fuellkrug allowed Germany to snatch a 1-1 draw with Spain on Sunday as the four-time winners kept their World Cup hopes alive, but Belgium are in danger of a group-stage exit after losing to Morocco.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Elsewhere, 2018 runners-up Croatia crushed Canada 4-1 to eliminate their opponents while Costa Rica claimed a shock win over Japan.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's 81st-minute goal for Costa Rica at Doha's Ahmad Bin Ali Stadium in Sunday's early game eased some of the pressure on the Germans as it prevented Japan from taking a giant stride towards the last 16.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Hansi Flick's German side nevertheless desperately needed something from their meeting with 2010 winners Spain at Al Bayt Stadium in Al Khor, north of Doha, after losing 2-1 to Japan in their Group E opener.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Yet they were in big trouble when substitute Alvaro Morata turned in Jordi Alba's cross to put Spain ahead just after the hour mark.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">However Germany, who had an Antonio Ruediger goal disallowed for offside in the first half, had a substitute of their own to thank as Werder Bremen striker Fuellkrug lashed in an 83rd-minute leveller on just his third international appearance. (AFP/RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16144', 'image' => '20221128043752_germany-spain-1024x569.jpg', 'article_date' => '2022-11-28 16:37:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16402', 'article_category_id' => '1', 'title' => 'Business Community Urges NRB to Review Working Capital Loan Guidelines', 'sub_title' => '', 'summary' => 'November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">November 28: Private sector stakeholders have urged the central bank not to implement the Working Capital Loan Guidelines 2079 at once but to implement it in a phase-wise manner. The guidelines have already come into effect since the last two months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industries (FNCCI) submitted a written memo to Nepal Rastra Bank (NRB) requesting it to implement the guidelines in a phase-wise manner. The central bank officials had earlier said that they would review the guidelines after the November 20 elections to the House of Representatives and provincial assemblies.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">As per the new guidelines, the central bank has capped the limit on working capital loan to 20 in case of a company whose annual transaction is less than Rs 20 million. However, they can avail up to 40 percent loan under special circumstances. In case of a company whose annual transaction is over Rs 20 million, they can avail 25 percent loan.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">The businessmen, however, have urged the central bank to provide 40 percent loan for a company with annual transaction of Rs 20 million and 50 percent loan for transaction above that threshold. Also, they have urged the NRB to avail term loans for up to 180 days instead of 90 days. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16143', 'image' => '20221128020539_Working-Capital-Loan.jpg', 'article_date' => '2022-11-28 14:05:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16401', 'article_category_id' => '1', 'title' => 'Gold Price Dips in Int’l Market as Dollar Gains on China COVID Risks', 'sub_title' => 'Gold Price Remains as High as Rs 97.500 Per 11 Grams in Nepal', 'summary' => 'November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 28: Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict COVID-19 restrictions, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, spot gold was down 0.4 percent at US$1,748.84 per ounce, as of 0555 GMT. US gold futures fell 0.3 percent to US$1,749.60.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The dollar index was up 0.4 percent, making the greenback-priced bullion more expensive for buyers holding other currencies, added Reuters.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"Gold prices have been tracking the US dollar's moves closely, and increased uncertainty from the growing unrest in China seems to be underpinning the dollar this morning," Reuters quoted IG market strategist Yeap Jun Rong as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to Reuters, hundreds of demonstrators and police clashed in Shanghai on Sunday night as protests over China's stringent COVID restrictions flared for a third day and spread to several cities in the wake of a deadly fire in the country's far west.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">People may be shifting to defensive assets considering the COVID situation in China, but the dollar's gains are currently overshadowing gold's safe-haven status, Yeap added.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the price of gold remained as high as Rs 97,500 per tola (11.6 grams approx.) in Nepal, according to the latest update posted on the website of the Federation of Nepal Gold and Silver Dealers Association on Monday. </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16142', 'image' => '20221128012712_gold.jpg', 'article_date' => '2022-11-28 13:26:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16400', 'article_category_id' => '1', 'title' => 'Over 60 Former MPs defeated in Election ', 'sub_title' => '', 'summary' => 'November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: More than 60 former members of parliament (MPs) who contested the November 20 election have faced defeats. Those defeated also include party chair, vice-chair, general secretary, former chief minister of the province and other top leaders. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the election, former prime minister and senior leader of CPN (Unified Socialist) Jhala Nath Khanal, Chairman of Janata Samajwadi Party Nepal Upendra Yadav, senior leader of Loktantrik Samajwadi Party Rajendra Mahato, CPN (UML) senior-vice chairman Ishwar Pokharel, vice-chairman Surendra Pandey, general secretary Shanker Pokharel, assistant general secretary Pradip Kumar Gyawali were defeated. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, general secretary of CPN (Maoist Centre) Dev Prasad Gurung, assistant general secretary duo Giriraj Mani Pokharel and Pampha Bhusal also faced defeat while former chief minister of Province 1 and UML leader Sher Dhan Rai is also among the leaders staying out of the legislative body. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former speaker of the House of Representatives Onsari Gharti, former deputy speaker Pushpa Bhsual, vice-chairperson of Rastriya Janamorcha Durga Poudel, Home Minister Bal Krishna Khand, NC assistant general secretary Uma Kanta Chaudhary and other leaders also could not make it to the HoR. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The other former MPs who lost the election include Matrika Prasad Yadav, Mohammad Istiyak Rai, Yagya Raj Sunuwar, Rajendra Prasad Gautam, Rajendra Prasad Shrestha, Ram Kumari Jhankri, Hridayesh Tripathi and Rambir Manandhar. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, this election remained a tough nut to crack for the politicians like Laxman Lal Karn, Lal Babu Pandit, Sujata Koirala, Lekhraj Bhatta, Bijaya Kumar Gachchhadar, Bina Magar, Birodh Khatiwada, Som Prasad Pandey, Sher Bahadur Tamang, Bijaya Subba, Bishal Bhattarai, Surya Prasad Pathak, Komal Oli, Kamal Thapa, Jeevan Ram Shrestha, Maheshwar Jung Gahatraj, Krishna Sitaula and Umesh Shrestha. </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16141', 'image' => '20221128010311_JNK (Copy).jpg', 'article_date' => '2022-11-28 13:01:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16399', 'article_category_id' => '1', 'title' => 'Social Security to Cover Informal Sector, Nepali Migrant Workers Abroad ', 'sub_title' => '', 'summary' => 'November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The government is preparing to cover social security for workers in the informal sector, Nepali migrant workers abroad and those engaged in self-employment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Labour, Employment and Social Security Sher Bahadur Kunwar has pledged to bring those sector on board the social security criteria. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">During an event organized on the occasion of the fifth Social Security Day on Sunday, Minister Kunwar said the social security scheme would be made conducive to the workers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Hinting at amendments to the schemes unveiled under the Social Security Fund, Minister Kunwar argued that no one will be left behind since the criteria of the social security schemes has been extended. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He further said that the family members of the workers would be encouraged towards entrepreneurship development by extending the fund’s horizon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Also speaking at the event, SSF Chairman and Secretary at the Ministry, Ek Narayan Aryal, said the employees and employers should not hesitate to join the social security scheme since the SSF has been offering the contributors with attractive facilities. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Executive Director of SSF Kapil Mani Gyawali said that the contributors’ spouse will get medical expenses and the contributors will also get medical expenses for chronic diseases. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the SSF announced the establishment of its offices in Butwal and Nepalgunj on Sunday. The SSF now has four offices including those in Biratnagar and Simara and another office will be established in Pokhara in the near future. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, 17,507 employers and 375,904 employees have been enlisted in the fund and a total of Rs 26 billion has been collected from them. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16140', 'image' => '20221128115926_agri maize.jpg', 'article_date' => '2022-11-28 11:58:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16398', 'article_category_id' => '1', 'title' => 'Election Commission Unveils Results of 157 Seats under FPTP', 'sub_title' => '', 'summary' => 'November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 28: The Election Commission has unveiled the election results of 157 seats out of 165 of the House of Representatives (HoR) under the First-Past-The-Post (FPTP) electoral system. According to the latest update of the EC, the Nepali Congress (NC) continues to lead the election results. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission informed that the Nepali Congress has obtained 53 seats, followed by CPN (UML) with 42 seats, CPN (Maoist Centre) with 17 seats, CPN (Unified Socialist) with 10 seats while Rastriya Swatantra Party and Rastriya Prajatantra Party have each secured seven seats. Janata Samajwadi Party has won six seats in the lower house. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Lokatantrik Samajwadi Party has secured four seats, Nagarik Unmukti Party 3 while the Nepal Workers and Peasants Party, Rastriya Janamorcha and Janamat Party have won one seat each. Likewise, five independent candidates have been elected to the HoR under the FPTP, the Election Commissions said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Vote counting in Dolakha, Bajura and Syangja districts could not be held yet owing to disputes among the political parties' representatives and candidates contesting the parliamentary elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has decided to hold reelection in some polling centres within December 1 this year while reelection was held in Bajura on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Who won from which party? </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prime Minister and Nepali Congress President Sher Bahadur Deuba, leaders Yogesh Sherchan, Tek Bahadur Gurung, Prakashman Singh, Santosh Chalise, Gagan Kumar Thapa, Pradeep Poudel, Mohan Acharya, Udaya Shumsher JBR, Shankar Bhandari and Rajendra Kumar KC were elected to the HoR on behalf of the Nepali Congress. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, other NC candidates emerging victorious include Ramesh Kumar Rijal, Hridaya Ram Thani, Ramhari Khatiwada, Bishwa Prakash Sharma, Ajay Kumar Chaurasiya, Rajendra Bajagain, Kham Bahadur Garbuja, Pushpa Bahadur Shah, Bir Bahadur Balayar, Dilendra Prasad Badu, Ramesh Lekhak, NP Saud, Dikpal Kumar Shahi, Durlabh Thapa, Shashank Koirala, Ramchandra Poudel, Kishore Singh Rathore, Dev Prakash Timalsina, Dinesh Kumar Yadav, Ramnath Adhikari and Purna Bahadur Khadka. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Election Commission, other candidates elected in the HoR from NC are Bishnu Kumar Karki, Shyam Kumar Ghimire, Deepak Giri, Sanjay Gautam, Binod Chaudhary, Ramkrishna Yadav, Mohan Bahadur Basnet, Shekhar Koirala, Dilliraj Panta, Chandrakanta Bhandari, Raju Thapa, Deepak Khadka, Surendra Raj Acharya, Sita Gurung, Sunil Kumar Sharma, Arjun Narsingh KC, Tejulal Chaudhary, Ain Bahadur Shahi, Mahendra Kumar Raya, Dig Bahadur Limbu and Purna Bahadur Tamang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates elected from CPN (UML) include Ambar Bahadur Rayamajhi, Krishna Gopal Shrestha, Prem Bahadur Maharjan, Gokarna Bista, Devraj Ghimire, KP Sharma Oli, Yogesh Bhattarai, Raj Kumar Gupta, Top Bahadur Rayamajhi, Surya Thapa, Prithivi Subba Gurung, Mahesh Bartaula, Manbir Rai, Padam Giri, Lal Prasad Sanwa Limbu, Basudev Ghimire, and Rajendra Kumar Rai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the Election Commission shared that (CPN) UML's Bidhya Bhattarai, Surya Prasad Dhakal, Ram Shankar Yadav, Damodar Bhandari, Tara Lama Tamang, Balaram Adhikari, Basanta Kumar Nemwang, Damodar Poudel, Hari Prasad Uprety, Jwala Kumari Shah, Achyut Prasad Mainali, Juli Mahato and Man Bahadur Gurung secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Leelanath Shrestha, Thakur Prasad Gaire, Rishikesh Pokharel, Mangal Prasad Gupta, Bishnu Poudel, Gokul Banskota, Narayan Prasad Acharya, Chabilal Bishwakarma, Bim Acharya, Subash Nemwang, Laxmi Mahato Koiri and Mahesh Basnet also emerged victorious on behalf of the CPN (UML). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From CPN (Maoist Centre), party's Chairperson Pushpa Kamal Dahal, its leaders Janardan Sharma, Barshaman Pun, Devendra Poudel, Shakti Bahadur Basnet, Sudan Kirati, Madhav Sapkota, Amanlal Modi, Hit Bahadur Tamang, Ram Kumar Rai, Lekhnath Dahal, Rekha Sharma, Purna Bahadur Gharti, Mahendra Ray Yadav, Surya Prasad Tamang (Dong), Tshiring Dambul Lama and Mahendra Bahadur Shahi were elected to the HoR, informed the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates wining from CPN (Unified Socialist) include party chairperson Madhav Kumar Nepal, leaders Rajendra Prasad Pandey, Dhan Bahadur Buda, Ambar Bahadur Thapa, Krishna Kumar Shrestha, Sher Bahadur Kunwar, Prakash Jwala, Met Mani Chaudhary, Prem Bahadur Ale and Bhanubhakta Joshi. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The candidates who secured seats in the HoR from Rastriya Swatantra Party are Ravi Lamichhane, Sobita Gautam, Ganesh Parajuli, Biraj Bhakta Shrestha, Hari Dhakal, Sishir Khanal and Toshima Karki. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Janata Samajbadi Party's candidates Pradeep Yadav, Nawal Kishore Shah, Deepak Karki, Ram Sahayak Prasad Yadav, Raj Kishore Yadav and Birendra Prasad Mahato secured victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Rastriya Prajatantra Party's candidates Rajendra Lingden, Bikram Pandey, Dhawal Shumsher Rana, Deepak Bahadur Singh, Dhruba Bahadur Pradhan, Deepak Bohora and Gyanendra Bahadur Shahi were elected HoR members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lokatantrik Samajwadi Party's Chairperson Mahantha Thakur, Sarbendranath Shukla, Sharat Singh Bhandari and Ram Prakash Chaudhary were also elected MPs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">From Rastriya Janamorcha, Chitra Bahadur KC emerged victorious while Prem Suwal from Nepal Workers and Peasants Party's and Chandrakant Raut from Janamat Party secured a seat each in the parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Independent candidates securing seat in HoR are Amresh Kumar Singh, Yogesh Mandal, Prabhu Shah, Kiran Kumar Shah and Lalbir Chaudhary, the Election Commission said. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-28', 'modified' => '2022-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '16139', 'image' => '20221128111324_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-28 11:12:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16397', 'article_category_id' => '1', 'title' => 'Cargo Train to Arrive at Biratnagar ICP within Three Weeks', 'sub_title' => '', 'summary' => 'November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 27: Last Wednesday, there were a lot of activities at the Biratnagar-based Integrated Check Post (ICP) area on the Nepal-India border. Employees from Nepal and India were jostling to take photos. A passenger train with 25 coaches arrived at the ICP from Bathnaha, India.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The train engine had arrived several times before for broad gauge testing, but it was the first time that the full train did had arrived here. Only cargo containers will come in this broad gauge. On Wednesday, Indian officials came for testing a passenger train.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Indian side has completed the entire railway work at the ICP which is seven and a half kilometers northeast of Bathnaha. They have also passed the test. As soon as the Indian authorities received the news from Nepal that they are ready for the agreement, India assured that they will hand over regular cargo trains from December 15 onwards. The Nepali side has also informed that the work has been completed, and preparations have been made accordingly.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The Railways Department of India returned from an on-site inspection on Wednesday concluding that cargo trains can be brought up to ICP. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Roshan Kumar Dev, Site Engineer of Bathnaha-Katahari Railways under the Railways Department, said that the officials of the Indian Railways Department are making final preparations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Engineer Dev informed that they are in the process of operating a cargo train within the next one and a half months.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The work of preparing the necessary infrastructure to bring the cargo train to the Nepal Customs Yard of the ICP has also been started. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dev, the Indian government will hand over the railway to the Ministry of Physical Infrastructure of Nepal.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16138', 'image' => '20221127081123_1669501161.Clipboard16 (1).jpg', 'article_date' => '2022-11-27 20:10:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16396', 'article_category_id' => '1', 'title' => 'Costa Rica Stun Japan, Hand a Lifeline to Germany', 'sub_title' => '', 'summary' => 'November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">AGENCIES</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 27: Costa Rica stunned Japan 1-0 thanks to a late goal at the World Cup on Sunday to blow Group E wide open. The win over Japan has given a potential lifeline to heavyweight Germany, who were beaten by the Samurai Blue 2-1 in their opening match.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to AFP, Japan could have taken a giant stride towards the last 16 with a win but they laboured for large parts of the match against a Costa Rica side who were hammered 7-0 by Spain.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Keysher Fuller's curling 81st-minute effort, Costa Rica's first shot on target in the entire tournament, rocked Japan and put their hopes of progression in peril, Reuters reported.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The result left Spain, Japan and Costa Rica all on three points. Spain face Germany later on Sunday in another crucial contest.</span></span></p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16137', 'image' => '20221127071334_Untitled.jpg', 'article_date' => '2022-11-27 19:13:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16395', 'article_category_id' => '1', 'title' => '80 Percent Vote Count under PR Completed ', 'sub_title' => '', 'summary' => 'November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 27: Vote count under the proportional representation category of the elections to the House of Representatives and the provincial assemblies is currently underway. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Out of over 17.9 million registered voters, the voters' turnout was 61 percent, according to the EC. So far, approximately 80 percent of the votes cast during the November 20 election have been counted, said EC's Spokesperson Shaligram Sharma Paudel. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to him, approximately 2.4 million votes remain to be counted. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The latest updates of the EC show that out of 8,774,661 votes counted so far, the CPN (UML) is leading with 2,413,222 votes followed by the Nepali Congress with 2,294,983 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the CPN (Maoist Center) has secured 1,005,679 votes, followed by the Rastriya Swatantra Party with 983,522 votes, the Rastriya Prajatantra Party with 513,911 votes, the Janata Samajwadi Party with 300,449 votes, and the CPN (Unified Socialist) with 235,375 votes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Janamat Party has obtained 234,127 votes, the Nagarik Unmukti Party 202,079 votes, the Loktantrik Samajwadi Party 122,557 votes, the Nepal Workers and Peasants Party 70,371 votes, the Hamro Nepal Party 49,627 votes, the Rastriya Janamorcha 43,926 votes and the Mongol National Organisation 44,208 votes. The Nationalist People’s Party has received the lowest 1,504 votes. -- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-11-27', 'modified' => '2022-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '16136', 'image' => '20221127064936_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-27 18:49:11', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
