November 14: The price of gold has dropped by Rs 100 per tola (11. 66 grams approx) on Monday as compared to the previous trading…
November 14: The price of gold has dropped by Rs 100 per tola (11. 66 grams approx) on Monday as compared to the previous trading…
November 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November…
November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology…
November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast…
November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction…
November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the…
November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting…
November 13: An earthquake measuring 5.4 in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12)…
November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport.…
November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the…
November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial…
November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on…
November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector.…
November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an…
November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming…
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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 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Section 13 of the Election Code of Conduct has determined November 3 to 17 as the dates for running the election campaign, rallies, mass assembly, corner assembly, meeting, gathering by political parties, candidates, the parties' sister organisations and related people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The so-called election silence period starts from November 17 midnight and election campaigning is barred thereafter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has stated that action will be taken against the candidates who violate the Election Code of Conduct. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-14', 'modified' => '2022-11-14', 'keywords' => '', 'description' => '', 'sortorder' => '16042', 'image' => '20221114111657_EC.jpg', 'article_date' => '2022-11-14 11:16:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16300', 'article_category_id' => '1', 'title' => 'Possibility of Light Rain and Snowfall ', 'sub_title' => '', 'summary' => 'November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meteorologist at the division, Heera Bhattarai, said that light rain and snowfall is likely to occur today (Sunday), Monday and Tuesday due to the impact of the Westerly wind. </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"">"Cold will increase as mercury will dip due to snowfall and this might have general impact on life," said Bhattarai, adding that the weather will be affected somewhat from this evening and more impact would be felt in the western parts of the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The likelihood of rain and snowfall is more in Sudurpaschim and Karnali provinces, according to the division. Similarly, light rain will take place in Province 1, Gandaki Province, Sudurpaschim Province and Karnali Province with chances of light snowfall in the high mountain region of these provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The weather bulletin published by the division states that there is possibility of light rain at one or two places of the hill region of Province 1 today. Light snowfall is likely in some places of the mountainous region of Province 1 and Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, there is possibility of light snowfall at one or two places of the mountainous region of Gandaki Province, Karnali Province and Sudurpascbhhim Province tonight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light rainfall at one or two places of the hill areas of Province 1, Gandaki Province, Karnali Province and Sudurpaschim Province on Monday. Light snowfall is predicted in a few places of the mountainous region of Sudurpaschim Province and Karnali Province on Monday, the division added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16041', 'image' => '20221113054332_weatherrrr.jpg', 'article_date' => '2022-11-13 17:42:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16299', 'article_category_id' => '1', 'title' => 'Election Activities up as November 20 Voting Just Around the Corner', 'sub_title' => '', 'summary' => 'November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching. Election-related activities and campaigns have shot up, and candidates are reaching out to voters with their respective party's election manifesto. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Election campaigns have been done in a thrifty and careful way, claimed Shaligram Sharma, spokesperson for the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the election code of conduct has been strictly implemented as compared to the past elections, he maintained. </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 code of conduct has a provision that bars extravagant election expenditure. As a result of the strict implementation of the election code of conduct, the distribution of election-related pamphlets and banners, election rallies and assemblies have significantly gone down. But, election has remained in the heart and mind of voters, and election ambiance has not gone down," said Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lately, elections are becoming decent with the political parties, candidates, voters and democracy growing matured, said CPN (UML) leader Subas Nembang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There has been drastic changes in elections campaigns in a bid to make them economical with consultations between political parties and the EC," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The elections are being held for a total 275 HoR members, and 550 Provincial Assembly members. There are a total of 17,988, 570 eligible voters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Scenes in the previous elections used to be different. In the past, there used to be massive display of banners and pasting of pamphlets in market areas and urban settlement. Supporters of political parties and candidates used to be seen wearing clothes printed with election symbols of political parties and election candidates. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the EC could ensure a significant change in the publicity campaign. Just 15 days were officially given for the election mass meetings and the door-to-door visit programmes. Election publicity programmes were not extravagant this time as compared to the past. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Speaker Subash Nembang said people/voters are questioning the candidates reaching out to them whether they could deliver development projects such as roads and drinking water facility for them. The voters still are still seeking commitments from the potential legislators. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepali Congress leader Pushpa Bhusal said the given time for election publicity was too little this time as per the geography of electoral constituencies. According to her, the parties focused on home visit programmes instead of mass gatherings. “This time election glitz was not at the sight, but people are enthusiastic for the voting.” </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The model of election publicity has been changed this time with the belief that election costs should be within the limit to promote fair politics. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16040', 'image' => '20221113050601_KN-Damauli-image_6487327.jpg', 'article_date' => '2022-11-13 17:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16298', 'article_category_id' => '1', 'title' => '‘Don't Allow Big Projects to Import Construction Materials that are Produced within Nepal’', 'sub_title' => '', 'summary' => 'November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The industrialists have urged the government to bar big projects from importing construction materials that can be produced within the country. This move, according to the industrialists, will help sustain the domestic industries that produce rods, cement, pipes, and zinc sheets, at a time when they are reeling under crisis due to the impact of Covid-19 pandemic and the current economic crisis.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government allows the import of building materials with customs exemption for development and construction projects. The industrialists complained that this has affected the domestic producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">They said that materials such as cement, rods, pipes and galvanized sheet are used extensively for projects related to hydropower, bridges, roads, and canals, but most of such construction materials are imported from outside. This is a big setback for the domestic market of Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders argue that there is no need to bring such materials from outside when the domestic industry has become self-sufficient in rods and cement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“The products of the domestic industries should be used in big projects," insists Rajesh Kyal, owner of Narayani Ispat. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kyal claimed that this measure might provide some relief to the market, which has been affected by the uncomfortable situation after the pandemic. The government allows such projects to import materials with exemption on customs duty and value-added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dhan Bahadur Baruwal, Chief Customs Officer of Birgunj Customs, the customs exemption is given upon the recommendation of the Ministry of Finance.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Normally, up to 40 per cent customs duty is fixed for the import of such materials, but the big projects pay customs duty of 1 to 2 per at subsidized rate. Such imports do not need value added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Santosh Kumar Neupane, Information Officer of Birgunj Dry Port Customs, informed that 4 to 5 containers of such goods are imported through customs every month. The Ministry of Finance has been giving concessions on the import of construction materials according to the nature of the project.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Businessmen say that domestic industries have been affected as the big projects are allowed to import products such as zinc and galvanized sheet, etc., which are produced in abundance in the country. The industrialists argue that such projects should be supplied with construction materials from the domestic industries.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16039', 'image' => '20221113035229_cement rod.jpg', 'article_date' => '2022-11-13 15:51:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16297', 'article_category_id' => '1', 'title' => 'Banks Start Returning the Money Charged to Customers Illegally', 'sub_title' => '', 'summary' => 'November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">After the central bank instructed BFIs not to collect any amount against the directive on interest rates, BFIs have reportedly started returning the money to the customers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks and financial institutions cannot later change the premium rate mentioned while signing the offer letter,” said Dr Gunakar Bhatta, spokesperson of NRB, adding, “We have found that banks have collected additional interest rate by increasing the premium rate and have therefore instructed them to return such amount.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, he did not have the exact figure of the amount returned by BFIs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive on Loan Management issued by NRB has a provision under which banks can fix the base rate by adding 0.75 percent profit on their cost incurred and then add a certain percentage of premium rate to determine the interest rate. Although the interest rates of banks increase or decrease automatically when the base rate fluctuates every quarter, the premium rate remains constant.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the directive, banks must clearly mention the premium rate in the offer letter to its customers. The premium rate cannot be increased later. Banks are required to publish the interest rate on deposits as well as the premium rate of loans one day before the start of every new month.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, banks have increased the interest on loan to the new borrowers citing liquidity crunch. In doing so, they also increased the premium rates of old borrowers in order to increase the interest rate. The central bank started looking into the matter after the industrialists as well as general public started protesting against such move of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) had met the Governor of Nepal Rastra Bank Maha Prasad Adhikari and submitted a memo stating that banks have been collecting interest rates at their whims. They had complained that the banks had increased the interest rate on old loans without informing the borrowers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive has provision for the banks to inform the customers about any change in interest rate immediately through SMS/email. The borrowers have complained that the banks did not comply with this provision. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Banks have also been found charging renewal fee once a year on term loans. Bhatta said that the central bank has asked for data from banks after receiving complain in this regard and have instructed the banks to return the money if collected against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Although the industrialists had started nation-wide protest against the hike in interest rate, the protest has been deferred until the election upon the request of FNCCI.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16038', 'image' => '20221113014200_1668290580.Clipboard03.jpg', 'article_date' => '2022-11-13 13:41:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16296', 'article_category_id' => '1', 'title' => 'No Permits Required for Essential Service Vehicles on Voting Day ', 'sub_title' => '', 'summary' => 'November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day. The EC has made this arrangement for the convenience of the vehicles used for essential services on the voting day on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC stated that vehicle passes would not be required for ambulances, hearse, fire trucks, water supply tanker, vehicles transporting garbage, milk vans, vehicles used for telecom and cable services and the vehicles carrying doctors, health service workers and employees holding hospital identity cards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, permits would not be required for vehicles used by media persons bearing the press pass issued by the Department of Information and Broadcasting or the Province Media Registrar's Office or the Communications Authority under the Province Government or any other regulatory body of similar nature or those media persons bearing identity cards issued by the media houses registered and operating as per the existing laws and listed in the Press Council Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicles, used by election observers and monitors bearing the identity card issued by the EC, the vehicles used for carrying vegetables, fruits and those used for electricity service, vehicles with blue number plate used by diplomatic missions, UN agencies and the officials working in bilateral and multilateral development partner organisations and the vehicles with green number plate used only for carrying foreign tourists, will not require passes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, passes would not be required for vehicles of security bodies used by the security personnel and the vehicles used by the employees and volunteers deputed for election duty. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has however warned that vehicles used for essential services would not be allowed to carry the voters. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16037', 'image' => '20221113010203_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-13 13:01:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16295', 'article_category_id' => '1', 'title' => 'Fresh Quake Rattles Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'November 13: An earthquake measuring 5.4 in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: An earthquake measuring 5.4 magnitude in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Seismological Monitoring and Research Centre, Surkhet, the epicentre of the quake was located at Patadewal of Bajhang district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in several districts including Baitadi, Darchula, Dadeldhura, Achham, Kanchanpur, and Kailali. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Police said no loss has been reported so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last week, the Sudurpaschim Province recorded major earthquakes that rattled the entire region on November 9 and 10. The second earthquake of 6.6 in the Richter scale that occurred on November 10 had claimed six lives. The quake was felt as far as New Delhi in India.</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 region has witnessed more than 200 aftershocks.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Police has been using loud speakers urging local residents of Patadewal to stay outside their houses after the latest earthquake.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, last week’s tremors had weakened the houses of the locals and hence they were asked to stay outdoors as aftershocks continue to take place.</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"">Sub Inspector Ram Bahadur Bam of Patadewal Police Station said,</span>“<span style="font-family:"Arial Unicode MS","sans-serif"">It is risky to stay inside the same houses after the earthquake on Saturday.</span>” -- RSS</span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16036', 'image' => '20221113120329_GM_Doti-1.jpg', 'article_date' => '2022-11-13 12:02:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16294', 'article_category_id' => '1', 'title' => 'NAC to Operate Int'l Flights from Gautam Buddha Int'l Airport ', 'sub_title' => '', 'summary' => 'November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. NAC Spokesperson Archana Khadka told the state-owned national news agency RSS that preparations are underway to operate international flights from Gautam Buddha Airport by the end of December. <br /> The national flag carrier of Nepal has formed committee under the coordination of Commerce Director of NAC, Janakraj Kalakheti, to conduct a study in this regard, RSS reported. <br /> "Preparations are underway to operate international flights by the end of this December. The NAC board will finalize the destinations after the study committee submits its report," RSS quoted Khadka as saying. <br /> Jazeera Airlines is the first airlines to operate flights from GBIA since the airport officially came into operation on May </span><span style="font-family:"Arial Unicode MS","sans-serif"">16 this year. The airline company been operating three flights a week between Kuwait and Gautam Buddha International Airport. </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"">Similarly, Himalaya Airlines has been operating regular chartered flights to Kuala Lumpur of Malaysia from Gautam Buddha International Airport since November 3. </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 Civil Aviation Authority of Nepal has urged in written to five international airliners as well as Nepal Airlines and Himalaya Airlines to operate flights from the newly launched airport. </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"">Currently, NAC has been conducting flights to 10 destinations of eight countries across the world. It has two wide-body and two narrow-body aircraft for international flights. </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16035', 'image' => '20221113111754_NAC.jpg', 'article_date' => '2022-11-13 11:17:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16293', 'article_category_id' => '1', 'title' => 'At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX', 'sub_title' => '', 'summary' => 'November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, the exchange's founder Sam Bankman-Fried secretly transferred US$10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A large portion of that total has since disappeared, Reuters said referring to information provided by two people familiar with the matter. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time, Reuters said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. Reuters reported that both sources held senior FTX positions until this week and said they were briefed on the company's finances by top staff.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At the heart of FTX's problems were losses at Alameda that most FTX executives did not know about, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX's digital token, worth at least $580 million, "due to recent revelations." Four days before, news outlet CoinDesk reported that much of Alameda's $14.6 billion in assets were held in the token.</span></span></p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16034', 'image' => '20221112100220_Cryptoshutterstock_1434643079.jpg', 'article_date' => '2022-11-12 10:01:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16292', 'article_category_id' => '1', 'title' => 'Parties Coming Up with Stale Agendas for Fresh Elections ', 'sub_title' => '', 'summary' => 'November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They are primarily raising issues related to political stability, good governance, prosperity and law and order in course of their election campaigns. However, these issues figured in the election agenda of the parties in the last elections as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties have also included in their election manifestos topics like protection of nationalism, national sovereignty, building a self-reliant economy, increasing employment, infrastructure development, citizenship and issues related to religion and culture. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Nepalka Lagi Nepali (Nepalis for Nepal) Party has vociferously raised the issues of curbing corruption and promotion of the 'Prithvipath' and 'Nepalwad'. According to this party, Prithvipath is the principles propounded by King Prithvi Narayan Shah, the unifier of modern Nepal, and Nepalwad is the policy of Nepal first, said the party president Bal Krishna Neupane. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepalka Lagi Nepali Party's election symbol is the 'conch'. The party has fielded 110 candidates under the first-past-the-post (FPTP) and the proportional electoral system. Moreover, the party has prioritized issues like investigating the assets of persons holding high public posts from the time of Panchayat system till present, adoption of a directly-elected prime minister, restoration of monarchical system and barring the legislators from becoming ministers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some of the political parties have highlighted issues such as deteriorating economy, external interference in national affairs, establishing social justice and self-reliance, addressing the problems of women, children and senior citizens, and that of education, health and social security, in their election manifestos. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nagarik Unmukti Party (Citizen Liberation Party) led by Ranjita Shrestha has primarily highlighted topics like the nation's development, identity, good governance, prosperity and inclusive identity in its manifesto. This party has fielded 85 candidacies for the House of Representatives and 137 candidacies for the Provincial Assembly member election. It has been advocating for a directly-elected president or prime minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Kirant Khumbuwan Sajha Party has fielded only one candidate for the House of Representatives and 15 candidates for Provincial Assembly in the FPTP system and 15 for the proportional representation seats. The party with the election symbol of 'Dhaka cap’ has voiced for naming Province 1 as the Kirant Province, smooth supply of drinking water in Dharan, corruption control and addressing the burning problems in the education and health sectors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The party has also advocated for adopting a directly-elected prime minister and fully-proportional election system for institutionalizing political stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Tamang Shaling Loktantrik Party with the 'Vajra' as its election symbol has fielded one candidate for the House of Representatives election and 20 candidates for the Provincial Assembly, said party chairperson Simang Tamang. The party has been demanding reforms in the election system to make it less costly and adoption of a fully-proportional election system where the candidates are selected based on the population of the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Miteri Party Nepal with election symbol ‘Horse' has called for redrawing the new administrative map of the country into five development regions and restoration of constitutional monarchy, said the party president Ghanendra Basnet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Bibeksheel Party has fielded only two candidacies for House of Representatives. The party with election symbol the 'Dog Face' has advocated for extensive reforms in the present form of governance and election system, according to party president Karma Lama. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mangol National Organisation with its election symbol ‘rooster' is contesting the election to 238 seats for House of Representatives and Province Assembly from 50 districts, shared the party president Buddha Lal Meche. This party's main election agenda are democracy, secularism, federalism and the protection of rights and existence of the indigenous people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Sanghiya Lokatantrik Rastriya Manch (Federal Democratic National Forum)'s chairperson Kumar Lingden said his party has fielded candidacies in 86 electoral constituencies in six provinces in this election. Federalism with identity, removal of the present minimum vote threshold for parties and empowerment of the provinces are the key issues the party has been advocating for. Its election symbol is 'Khukuri with the Sheath'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bahujan Ekata Party Nepal has kept equality, independence, self-respect and prosperity as its top priorities. The party's election symbol is the 'Seven-step Stairs'. It has fielded 34 candidates towards the FPTP and 49 candidates towards the proportional representation system of election. The party is for adopting a governance system where either the president or the prime minister is directly elected by the people. It has also been advocating for adopting a fully proportional election system along with reservation quotas for the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is found that the election candidates are also putting forth the same old ideas like maintaining law and order, good governance, easing the supply of fertiliser, providing irrigation and expanding road networks, among other promises. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16033', 'image' => '20221112095016_NA_Chitwan-IMG_2752.jpg', 'article_date' => '2022-11-12 09:49:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16291', 'article_category_id' => '1', 'title' => 'Nurses in UK to go on Strike for First Time in History', 'sub_title' => '', 'summary' => 'November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the Gulf news portal said citing the Royal College of Nursing (RCN) that nurses at most of the state-run National Health Service (NHS) across the country have voted for the action.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The RCN, which has more than 300,000 members, said industrial action would begin before the end of the year, after the first vote on strike action in its 106-year-old history, Al Jazeera further reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“Anger has become action – our members are saying enough is enough,” Al Jazeera quoted RCN General Secretary Pat Cullen as saying. “This action will be as much for patients as it is for nurses. Standards are falling too low.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, NHS nurses have seen their salaries drop by up to 20 percent in real terms over the last 10 years, leaving members struggling to feed their families and pay their bills, the RCN has said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">NHS reportedly said in September nurses were skipping meals to feed and clothe their children and were struggling to afford rising transport costs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">It may be noted that the Government of Nepal had signed a bilateral agreement with the UK in August with the aim of securing highly-paid jobs for Nepali youths in the UK, especially in the healthcare sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The MoU has pledged that the Nepali healthcare professional will receive equal rights, privileges, protections and dignity as health professionals from the UK, the state-owned national news agency of Nepal RSS reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the RSS, Nepali citizens aged between 20 and 45 years holding a valid Nepali passport can file application. The applicant should have an active professional license from the Nepal Nursing Council and at least two years of experience in a registered hospital in Nepal. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Al Jazeera reported that the UK has seen a wave of industrial unrest this year across industries from railways to the law as pay fails to keep up with inflation, running at 10 percent, and surging energy costs.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16032', 'image' => '20221111050902_0_A-nurse-holds-a-placard-demanding-fair-pay-rise-from-the.jpg', 'article_date' => '2022-11-11 17:08:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16290', 'article_category_id' => '1', 'title' => 'World Travel Market in UK will Help Revitalize Nepal's Tourism: NTB', 'sub_title' => '', 'summary' => 'November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. The board said that the event, considered to be the world's largest tourism fair, will help the private sector in renewing old business contacts and expanding new contacts in tourism.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhananjay Regmi, chief executive officer of the Nepal Tourism Board, said that Nepal's participation in the fair organized after the Covid-19 pandemic is beneficial for the tourism sector. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"Nepal has been participating in various tourism promotion programmes organized at the international level after the Covid-19," said Regmi, adding that this will help in promoting tourism in post-Covid Nepal in many ways.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">WTM was attended by all types of international tourism organizations, ministries of tourism, travel agents, tour operators, hoteliers, travel tech companies, airliners, adventure sports companies, etc. Also, bloggers, tourism market consultants and tourism experts exhibited their products at the WTM.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, Nepal’s stall at the WTM was visited by tourism professionals, marketing consultants, media, tour operators and others from different countries, including the UK. British mountaineers and adventurers Sir Chris Bonington and Alan Hicks recalled their climbing experience in Nepal and urged all the British people to visit Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">More than 100 British travel and tour operators and British climbers participated in the event. A total of 24 travel and tourism-related companies from Nepal participated at the WTM under the leadership of the Nepal Tourism Board. Nepal’s stall at the WTM was inaugurated on Monday by the Nepalese ambassador to the UK, Gyan Chandra Acharya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16031', 'image' => '20221111043446_tournba.jpg', 'article_date' => '2022-11-11 16:34:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16289', 'article_category_id' => '1', 'title' => 'Suspension of Share Transaction of Merging Companies to Remain in Force for 15 Days', 'sub_title' => '', 'summary' => 'November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end. The months-long suspension of share transactions of companies opting for merger or acquisition has come to an end after the Securities Board of Nepal started implementing the Guidelines for Merger/Acquisition of Organised Institutions 2079 effective from November 10. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the share transactions of 34 companies have been suspended because they are in the process of merger or acquisition.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Since the implementation of the new guidelines, the transactions of shares other than preference share will be allowed in case if a company decides for merger.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new guidelines, such companies need to submit applications to the Nepal Stock Exchange (NEPSE) and Central Depository and Settlement Corporation Limited (CDSC) seeking approval for transaction of shares other than preference shares. Based on the application, NEPSE and CDSC can make arrangements to immediately lift the suspension on share transactions other than preference shares. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Chairman of the Securities Board of Nepal Ramesh Kumar Hamal said that they succeeded in implementing the new guidelines after relentless efforts. According to Hamal, the new guidelines issued so that the shares of the companies would not have to be suspended for a long time.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new provision, the share transaction of the companies will be suspended for a maximum of 15 after they start integrated transaction following the completion of all the necessary processes of merger or acquisition. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Hamal further said that the companies opting for merger or acquisition have to complete the process within six months of signing the agreement. If they fail to complete the merger process, the board members will be held accountable. However, Hamal clarified that the six month deadline will not be applicable for the companies that were in the merger process before the guidelines were implemented.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the maximum number of companies that have initiated the process of merger or acquisition are insurance companies. A total of 16 insurance companies, 8 commercial banks and 10 microfinance companies have initiated the process of merger or acquisition.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16030', 'image' => '20221111042115_20220622042335_share.jpg', 'article_date' => '2022-11-11 16:20:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16288', 'article_category_id' => '1', 'title' => 'EC Issues Directives Regarding Online Dissemination of Election Publicity Materials ', 'sub_title' => '', 'summary' => 'November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election to the member of House of Representatives and Province Assembly is being held on November 20 in a single phase throughout the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">EC spokesperson Shaligram Sharma Poudel said that political parties and the candidates can carry out election canvassing on online media registered with the Department of Information and Broadcasting and enlisted with the Press Council Nepal as per the Election Code of Conduct, 2022. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision, political parties and candidates will be allowed to disseminate visual materials related to their election campaigning through online media for a maximum of one minute. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the political parties can also disseminate election publicity materials on online media of private sector as banner, detailed page banner, box advertisement, roadblock, content block as well as the homepage. However, it should be indicated on the election publicity material that it is paid advertisement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election publicity material disseminated in this way should not include in it any content that is defamatory to anyone, fake information, misinformation and hate speech. If this type of content is found in the election publicity material, it would be considered a violation of the Election Code of Conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The code of conduct also bars the dissemination of their election publicity materials by parties and candidates on foreign online media. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties and candidates are required to submit to the EC the details of the expenditure while disseminating the election publicity materials through online media and include it in their election expenses details. </span><br /> <strong><span style="font-family:"Arial Unicode MS","sans-serif"">Directive to make polling stations inclusive and disabled-friendly</span></strong> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the EC has issued directives for making the polling stations inclusive and disabled-friendly. It has directed the Chief Election Officer, the Election Officer, Polling Officer and all employees deputed to conduct the election in this regard. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has emphasized on the strict adherence to the 'Gender and Inclusion Policy in Election Management, 2077 BS' and the 'House of Representatives and Province Assembly Member Election (Voting) Guidelines, 2079 BS'. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16029', 'image' => '20221111024238_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-11 14:42:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16302', 'article_category_id' => '1', 'title' => 'Price of Gold Drops Slightly', 'sub_title' => 'The Precious Yellow Metal Being Traded at Rs 97,200 per Tola Today', 'summary' => 'November 14: The price of gold has dropped by Rs 100 per tola (11. 66 grams approx) on Monday as compared to the previous trading day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 14: The price of gold has dropped by Rs 100 per tola (11. 66 grams approx) on Monday as compared to the previous trading day. </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 the Federation of Nepal Gold and Silver Dealers Association, fine gold is being traded at Rs 97,200 per tola today (November 14). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the price of worked gold has also decreased by Rs 100 per tola to Rs 96,700 from Rs 96,800 per tola the previous trading day.</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"">Likewise, the price of silver has been fixed at Rs 1,295 per tola, a decrease of Rs 5 per tola compared to the previous trading day. </span></span></span></p> <p><br /> <span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-11-14', 'modified' => '2022-11-14', 'keywords' => '', 'description' => '', 'sortorder' => '16043', 'image' => '20221114121204_gold.jpg', 'article_date' => '2022-11-14 12:11:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16301', 'article_category_id' => '1', 'title' => 'Four Days Left for Election Campaigning ', 'sub_title' => '', 'summary' => 'November 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November 20. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Section 13 of the Election Code of Conduct has determined November 3 to 17 as the dates for running the election campaign, rallies, mass assembly, corner assembly, meeting, gathering by political parties, candidates, the parties' sister organisations and related people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The so-called election silence period starts from November 17 midnight and election campaigning is barred thereafter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has stated that action will be taken against the candidates who violate the Election Code of Conduct. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-14', 'modified' => '2022-11-14', 'keywords' => '', 'description' => '', 'sortorder' => '16042', 'image' => '20221114111657_EC.jpg', 'article_date' => '2022-11-14 11:16:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16300', 'article_category_id' => '1', 'title' => 'Possibility of Light Rain and Snowfall ', 'sub_title' => '', 'summary' => 'November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meteorologist at the division, Heera Bhattarai, said that light rain and snowfall is likely to occur today (Sunday), Monday and Tuesday due to the impact of the Westerly wind. </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"">"Cold will increase as mercury will dip due to snowfall and this might have general impact on life," said Bhattarai, adding that the weather will be affected somewhat from this evening and more impact would be felt in the western parts of the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The likelihood of rain and snowfall is more in Sudurpaschim and Karnali provinces, according to the division. Similarly, light rain will take place in Province 1, Gandaki Province, Sudurpaschim Province and Karnali Province with chances of light snowfall in the high mountain region of these provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The weather bulletin published by the division states that there is possibility of light rain at one or two places of the hill region of Province 1 today. Light snowfall is likely in some places of the mountainous region of Province 1 and Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, there is possibility of light snowfall at one or two places of the mountainous region of Gandaki Province, Karnali Province and Sudurpascbhhim Province tonight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light rainfall at one or two places of the hill areas of Province 1, Gandaki Province, Karnali Province and Sudurpaschim Province on Monday. Light snowfall is predicted in a few places of the mountainous region of Sudurpaschim Province and Karnali Province on Monday, the division added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16041', 'image' => '20221113054332_weatherrrr.jpg', 'article_date' => '2022-11-13 17:42:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16299', 'article_category_id' => '1', 'title' => 'Election Activities up as November 20 Voting Just Around the Corner', 'sub_title' => '', 'summary' => 'November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching. Election-related activities and campaigns have shot up, and candidates are reaching out to voters with their respective party's election manifesto. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Election campaigns have been done in a thrifty and careful way, claimed Shaligram Sharma, spokesperson for the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the election code of conduct has been strictly implemented as compared to the past elections, he maintained. </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 code of conduct has a provision that bars extravagant election expenditure. As a result of the strict implementation of the election code of conduct, the distribution of election-related pamphlets and banners, election rallies and assemblies have significantly gone down. But, election has remained in the heart and mind of voters, and election ambiance has not gone down," said Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lately, elections are becoming decent with the political parties, candidates, voters and democracy growing matured, said CPN (UML) leader Subas Nembang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There has been drastic changes in elections campaigns in a bid to make them economical with consultations between political parties and the EC," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The elections are being held for a total 275 HoR members, and 550 Provincial Assembly members. There are a total of 17,988, 570 eligible voters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Scenes in the previous elections used to be different. In the past, there used to be massive display of banners and pasting of pamphlets in market areas and urban settlement. Supporters of political parties and candidates used to be seen wearing clothes printed with election symbols of political parties and election candidates. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the EC could ensure a significant change in the publicity campaign. Just 15 days were officially given for the election mass meetings and the door-to-door visit programmes. Election publicity programmes were not extravagant this time as compared to the past. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Speaker Subash Nembang said people/voters are questioning the candidates reaching out to them whether they could deliver development projects such as roads and drinking water facility for them. The voters still are still seeking commitments from the potential legislators. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepali Congress leader Pushpa Bhusal said the given time for election publicity was too little this time as per the geography of electoral constituencies. According to her, the parties focused on home visit programmes instead of mass gatherings. “This time election glitz was not at the sight, but people are enthusiastic for the voting.” </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The model of election publicity has been changed this time with the belief that election costs should be within the limit to promote fair politics. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16040', 'image' => '20221113050601_KN-Damauli-image_6487327.jpg', 'article_date' => '2022-11-13 17:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16298', 'article_category_id' => '1', 'title' => '‘Don't Allow Big Projects to Import Construction Materials that are Produced within Nepal’', 'sub_title' => '', 'summary' => 'November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The industrialists have urged the government to bar big projects from importing construction materials that can be produced within the country. This move, according to the industrialists, will help sustain the domestic industries that produce rods, cement, pipes, and zinc sheets, at a time when they are reeling under crisis due to the impact of Covid-19 pandemic and the current economic crisis.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government allows the import of building materials with customs exemption for development and construction projects. The industrialists complained that this has affected the domestic producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">They said that materials such as cement, rods, pipes and galvanized sheet are used extensively for projects related to hydropower, bridges, roads, and canals, but most of such construction materials are imported from outside. This is a big setback for the domestic market of Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders argue that there is no need to bring such materials from outside when the domestic industry has become self-sufficient in rods and cement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“The products of the domestic industries should be used in big projects," insists Rajesh Kyal, owner of Narayani Ispat. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kyal claimed that this measure might provide some relief to the market, which has been affected by the uncomfortable situation after the pandemic. The government allows such projects to import materials with exemption on customs duty and value-added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dhan Bahadur Baruwal, Chief Customs Officer of Birgunj Customs, the customs exemption is given upon the recommendation of the Ministry of Finance.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Normally, up to 40 per cent customs duty is fixed for the import of such materials, but the big projects pay customs duty of 1 to 2 per at subsidized rate. Such imports do not need value added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Santosh Kumar Neupane, Information Officer of Birgunj Dry Port Customs, informed that 4 to 5 containers of such goods are imported through customs every month. The Ministry of Finance has been giving concessions on the import of construction materials according to the nature of the project.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Businessmen say that domestic industries have been affected as the big projects are allowed to import products such as zinc and galvanized sheet, etc., which are produced in abundance in the country. The industrialists argue that such projects should be supplied with construction materials from the domestic industries.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16039', 'image' => '20221113035229_cement rod.jpg', 'article_date' => '2022-11-13 15:51:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16297', 'article_category_id' => '1', 'title' => 'Banks Start Returning the Money Charged to Customers Illegally', 'sub_title' => '', 'summary' => 'November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">After the central bank instructed BFIs not to collect any amount against the directive on interest rates, BFIs have reportedly started returning the money to the customers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks and financial institutions cannot later change the premium rate mentioned while signing the offer letter,” said Dr Gunakar Bhatta, spokesperson of NRB, adding, “We have found that banks have collected additional interest rate by increasing the premium rate and have therefore instructed them to return such amount.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, he did not have the exact figure of the amount returned by BFIs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive on Loan Management issued by NRB has a provision under which banks can fix the base rate by adding 0.75 percent profit on their cost incurred and then add a certain percentage of premium rate to determine the interest rate. Although the interest rates of banks increase or decrease automatically when the base rate fluctuates every quarter, the premium rate remains constant.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the directive, banks must clearly mention the premium rate in the offer letter to its customers. The premium rate cannot be increased later. Banks are required to publish the interest rate on deposits as well as the premium rate of loans one day before the start of every new month.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, banks have increased the interest on loan to the new borrowers citing liquidity crunch. In doing so, they also increased the premium rates of old borrowers in order to increase the interest rate. The central bank started looking into the matter after the industrialists as well as general public started protesting against such move of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) had met the Governor of Nepal Rastra Bank Maha Prasad Adhikari and submitted a memo stating that banks have been collecting interest rates at their whims. They had complained that the banks had increased the interest rate on old loans without informing the borrowers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive has provision for the banks to inform the customers about any change in interest rate immediately through SMS/email. The borrowers have complained that the banks did not comply with this provision. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Banks have also been found charging renewal fee once a year on term loans. Bhatta said that the central bank has asked for data from banks after receiving complain in this regard and have instructed the banks to return the money if collected against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Although the industrialists had started nation-wide protest against the hike in interest rate, the protest has been deferred until the election upon the request of FNCCI.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16038', 'image' => '20221113014200_1668290580.Clipboard03.jpg', 'article_date' => '2022-11-13 13:41:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16296', 'article_category_id' => '1', 'title' => 'No Permits Required for Essential Service Vehicles on Voting Day ', 'sub_title' => '', 'summary' => 'November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day. The EC has made this arrangement for the convenience of the vehicles used for essential services on the voting day on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC stated that vehicle passes would not be required for ambulances, hearse, fire trucks, water supply tanker, vehicles transporting garbage, milk vans, vehicles used for telecom and cable services and the vehicles carrying doctors, health service workers and employees holding hospital identity cards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, permits would not be required for vehicles used by media persons bearing the press pass issued by the Department of Information and Broadcasting or the Province Media Registrar's Office or the Communications Authority under the Province Government or any other regulatory body of similar nature or those media persons bearing identity cards issued by the media houses registered and operating as per the existing laws and listed in the Press Council Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicles, used by election observers and monitors bearing the identity card issued by the EC, the vehicles used for carrying vegetables, fruits and those used for electricity service, vehicles with blue number plate used by diplomatic missions, UN agencies and the officials working in bilateral and multilateral development partner organisations and the vehicles with green number plate used only for carrying foreign tourists, will not require passes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, passes would not be required for vehicles of security bodies used by the security personnel and the vehicles used by the employees and volunteers deputed for election duty. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has however warned that vehicles used for essential services would not be allowed to carry the voters. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16037', 'image' => '20221113010203_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-13 13:01:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16295', 'article_category_id' => '1', 'title' => 'Fresh Quake Rattles Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'November 13: An earthquake measuring 5.4 in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: An earthquake measuring 5.4 magnitude in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Seismological Monitoring and Research Centre, Surkhet, the epicentre of the quake was located at Patadewal of Bajhang district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in several districts including Baitadi, Darchula, Dadeldhura, Achham, Kanchanpur, and Kailali. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Police said no loss has been reported so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last week, the Sudurpaschim Province recorded major earthquakes that rattled the entire region on November 9 and 10. The second earthquake of 6.6 in the Richter scale that occurred on November 10 had claimed six lives. The quake was felt as far as New Delhi in India.</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 region has witnessed more than 200 aftershocks.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Police has been using loud speakers urging local residents of Patadewal to stay outside their houses after the latest earthquake.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, last week’s tremors had weakened the houses of the locals and hence they were asked to stay outdoors as aftershocks continue to take place.</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"">Sub Inspector Ram Bahadur Bam of Patadewal Police Station said,</span>“<span style="font-family:"Arial Unicode MS","sans-serif"">It is risky to stay inside the same houses after the earthquake on Saturday.</span>” -- RSS</span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16036', 'image' => '20221113120329_GM_Doti-1.jpg', 'article_date' => '2022-11-13 12:02:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16294', 'article_category_id' => '1', 'title' => 'NAC to Operate Int'l Flights from Gautam Buddha Int'l Airport ', 'sub_title' => '', 'summary' => 'November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. NAC Spokesperson Archana Khadka told the state-owned national news agency RSS that preparations are underway to operate international flights from Gautam Buddha Airport by the end of December. <br /> The national flag carrier of Nepal has formed committee under the coordination of Commerce Director of NAC, Janakraj Kalakheti, to conduct a study in this regard, RSS reported. <br /> "Preparations are underway to operate international flights by the end of this December. The NAC board will finalize the destinations after the study committee submits its report," RSS quoted Khadka as saying. <br /> Jazeera Airlines is the first airlines to operate flights from GBIA since the airport officially came into operation on May </span><span style="font-family:"Arial Unicode MS","sans-serif"">16 this year. The airline company been operating three flights a week between Kuwait and Gautam Buddha International Airport. </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"">Similarly, Himalaya Airlines has been operating regular chartered flights to Kuala Lumpur of Malaysia from Gautam Buddha International Airport since November 3. </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 Civil Aviation Authority of Nepal has urged in written to five international airliners as well as Nepal Airlines and Himalaya Airlines to operate flights from the newly launched airport. </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"">Currently, NAC has been conducting flights to 10 destinations of eight countries across the world. It has two wide-body and two narrow-body aircraft for international flights. </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16035', 'image' => '20221113111754_NAC.jpg', 'article_date' => '2022-11-13 11:17:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16293', 'article_category_id' => '1', 'title' => 'At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX', 'sub_title' => '', 'summary' => 'November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, the exchange's founder Sam Bankman-Fried secretly transferred US$10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A large portion of that total has since disappeared, Reuters said referring to information provided by two people familiar with the matter. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time, Reuters said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. Reuters reported that both sources held senior FTX positions until this week and said they were briefed on the company's finances by top staff.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At the heart of FTX's problems were losses at Alameda that most FTX executives did not know about, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX's digital token, worth at least $580 million, "due to recent revelations." Four days before, news outlet CoinDesk reported that much of Alameda's $14.6 billion in assets were held in the token.</span></span></p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16034', 'image' => '20221112100220_Cryptoshutterstock_1434643079.jpg', 'article_date' => '2022-11-12 10:01:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16292', 'article_category_id' => '1', 'title' => 'Parties Coming Up with Stale Agendas for Fresh Elections ', 'sub_title' => '', 'summary' => 'November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They are primarily raising issues related to political stability, good governance, prosperity and law and order in course of their election campaigns. However, these issues figured in the election agenda of the parties in the last elections as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties have also included in their election manifestos topics like protection of nationalism, national sovereignty, building a self-reliant economy, increasing employment, infrastructure development, citizenship and issues related to religion and culture. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Nepalka Lagi Nepali (Nepalis for Nepal) Party has vociferously raised the issues of curbing corruption and promotion of the 'Prithvipath' and 'Nepalwad'. According to this party, Prithvipath is the principles propounded by King Prithvi Narayan Shah, the unifier of modern Nepal, and Nepalwad is the policy of Nepal first, said the party president Bal Krishna Neupane. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepalka Lagi Nepali Party's election symbol is the 'conch'. The party has fielded 110 candidates under the first-past-the-post (FPTP) and the proportional electoral system. Moreover, the party has prioritized issues like investigating the assets of persons holding high public posts from the time of Panchayat system till present, adoption of a directly-elected prime minister, restoration of monarchical system and barring the legislators from becoming ministers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some of the political parties have highlighted issues such as deteriorating economy, external interference in national affairs, establishing social justice and self-reliance, addressing the problems of women, children and senior citizens, and that of education, health and social security, in their election manifestos. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nagarik Unmukti Party (Citizen Liberation Party) led by Ranjita Shrestha has primarily highlighted topics like the nation's development, identity, good governance, prosperity and inclusive identity in its manifesto. This party has fielded 85 candidacies for the House of Representatives and 137 candidacies for the Provincial Assembly member election. It has been advocating for a directly-elected president or prime minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Kirant Khumbuwan Sajha Party has fielded only one candidate for the House of Representatives and 15 candidates for Provincial Assembly in the FPTP system and 15 for the proportional representation seats. The party with the election symbol of 'Dhaka cap’ has voiced for naming Province 1 as the Kirant Province, smooth supply of drinking water in Dharan, corruption control and addressing the burning problems in the education and health sectors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The party has also advocated for adopting a directly-elected prime minister and fully-proportional election system for institutionalizing political stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Tamang Shaling Loktantrik Party with the 'Vajra' as its election symbol has fielded one candidate for the House of Representatives election and 20 candidates for the Provincial Assembly, said party chairperson Simang Tamang. The party has been demanding reforms in the election system to make it less costly and adoption of a fully-proportional election system where the candidates are selected based on the population of the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Miteri Party Nepal with election symbol ‘Horse' has called for redrawing the new administrative map of the country into five development regions and restoration of constitutional monarchy, said the party president Ghanendra Basnet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Bibeksheel Party has fielded only two candidacies for House of Representatives. The party with election symbol the 'Dog Face' has advocated for extensive reforms in the present form of governance and election system, according to party president Karma Lama. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mangol National Organisation with its election symbol ‘rooster' is contesting the election to 238 seats for House of Representatives and Province Assembly from 50 districts, shared the party president Buddha Lal Meche. This party's main election agenda are democracy, secularism, federalism and the protection of rights and existence of the indigenous people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Sanghiya Lokatantrik Rastriya Manch (Federal Democratic National Forum)'s chairperson Kumar Lingden said his party has fielded candidacies in 86 electoral constituencies in six provinces in this election. Federalism with identity, removal of the present minimum vote threshold for parties and empowerment of the provinces are the key issues the party has been advocating for. Its election symbol is 'Khukuri with the Sheath'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bahujan Ekata Party Nepal has kept equality, independence, self-respect and prosperity as its top priorities. The party's election symbol is the 'Seven-step Stairs'. It has fielded 34 candidates towards the FPTP and 49 candidates towards the proportional representation system of election. The party is for adopting a governance system where either the president or the prime minister is directly elected by the people. It has also been advocating for adopting a fully proportional election system along with reservation quotas for the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is found that the election candidates are also putting forth the same old ideas like maintaining law and order, good governance, easing the supply of fertiliser, providing irrigation and expanding road networks, among other promises. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16033', 'image' => '20221112095016_NA_Chitwan-IMG_2752.jpg', 'article_date' => '2022-11-12 09:49:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16291', 'article_category_id' => '1', 'title' => 'Nurses in UK to go on Strike for First Time in History', 'sub_title' => '', 'summary' => 'November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the Gulf news portal said citing the Royal College of Nursing (RCN) that nurses at most of the state-run National Health Service (NHS) across the country have voted for the action.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The RCN, which has more than 300,000 members, said industrial action would begin before the end of the year, after the first vote on strike action in its 106-year-old history, Al Jazeera further reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“Anger has become action – our members are saying enough is enough,” Al Jazeera quoted RCN General Secretary Pat Cullen as saying. “This action will be as much for patients as it is for nurses. Standards are falling too low.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, NHS nurses have seen their salaries drop by up to 20 percent in real terms over the last 10 years, leaving members struggling to feed their families and pay their bills, the RCN has said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">NHS reportedly said in September nurses were skipping meals to feed and clothe their children and were struggling to afford rising transport costs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">It may be noted that the Government of Nepal had signed a bilateral agreement with the UK in August with the aim of securing highly-paid jobs for Nepali youths in the UK, especially in the healthcare sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The MoU has pledged that the Nepali healthcare professional will receive equal rights, privileges, protections and dignity as health professionals from the UK, the state-owned national news agency of Nepal RSS reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the RSS, Nepali citizens aged between 20 and 45 years holding a valid Nepali passport can file application. The applicant should have an active professional license from the Nepal Nursing Council and at least two years of experience in a registered hospital in Nepal. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Al Jazeera reported that the UK has seen a wave of industrial unrest this year across industries from railways to the law as pay fails to keep up with inflation, running at 10 percent, and surging energy costs.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16032', 'image' => '20221111050902_0_A-nurse-holds-a-placard-demanding-fair-pay-rise-from-the.jpg', 'article_date' => '2022-11-11 17:08:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16290', 'article_category_id' => '1', 'title' => 'World Travel Market in UK will Help Revitalize Nepal's Tourism: NTB', 'sub_title' => '', 'summary' => 'November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. The board said that the event, considered to be the world's largest tourism fair, will help the private sector in renewing old business contacts and expanding new contacts in tourism.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhananjay Regmi, chief executive officer of the Nepal Tourism Board, said that Nepal's participation in the fair organized after the Covid-19 pandemic is beneficial for the tourism sector. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"Nepal has been participating in various tourism promotion programmes organized at the international level after the Covid-19," said Regmi, adding that this will help in promoting tourism in post-Covid Nepal in many ways.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">WTM was attended by all types of international tourism organizations, ministries of tourism, travel agents, tour operators, hoteliers, travel tech companies, airliners, adventure sports companies, etc. Also, bloggers, tourism market consultants and tourism experts exhibited their products at the WTM.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, Nepal’s stall at the WTM was visited by tourism professionals, marketing consultants, media, tour operators and others from different countries, including the UK. British mountaineers and adventurers Sir Chris Bonington and Alan Hicks recalled their climbing experience in Nepal and urged all the British people to visit Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">More than 100 British travel and tour operators and British climbers participated in the event. A total of 24 travel and tourism-related companies from Nepal participated at the WTM under the leadership of the Nepal Tourism Board. Nepal’s stall at the WTM was inaugurated on Monday by the Nepalese ambassador to the UK, Gyan Chandra Acharya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16031', 'image' => '20221111043446_tournba.jpg', 'article_date' => '2022-11-11 16:34:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16289', 'article_category_id' => '1', 'title' => 'Suspension of Share Transaction of Merging Companies to Remain in Force for 15 Days', 'sub_title' => '', 'summary' => 'November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end. The months-long suspension of share transactions of companies opting for merger or acquisition has come to an end after the Securities Board of Nepal started implementing the Guidelines for Merger/Acquisition of Organised Institutions 2079 effective from November 10. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the share transactions of 34 companies have been suspended because they are in the process of merger or acquisition.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Since the implementation of the new guidelines, the transactions of shares other than preference share will be allowed in case if a company decides for merger.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new guidelines, such companies need to submit applications to the Nepal Stock Exchange (NEPSE) and Central Depository and Settlement Corporation Limited (CDSC) seeking approval for transaction of shares other than preference shares. Based on the application, NEPSE and CDSC can make arrangements to immediately lift the suspension on share transactions other than preference shares. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Chairman of the Securities Board of Nepal Ramesh Kumar Hamal said that they succeeded in implementing the new guidelines after relentless efforts. According to Hamal, the new guidelines issued so that the shares of the companies would not have to be suspended for a long time.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new provision, the share transaction of the companies will be suspended for a maximum of 15 after they start integrated transaction following the completion of all the necessary processes of merger or acquisition. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Hamal further said that the companies opting for merger or acquisition have to complete the process within six months of signing the agreement. If they fail to complete the merger process, the board members will be held accountable. However, Hamal clarified that the six month deadline will not be applicable for the companies that were in the merger process before the guidelines were implemented.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the maximum number of companies that have initiated the process of merger or acquisition are insurance companies. A total of 16 insurance companies, 8 commercial banks and 10 microfinance companies have initiated the process of merger or acquisition.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16030', 'image' => '20221111042115_20220622042335_share.jpg', 'article_date' => '2022-11-11 16:20:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16288', 'article_category_id' => '1', 'title' => 'EC Issues Directives Regarding Online Dissemination of Election Publicity Materials ', 'sub_title' => '', 'summary' => 'November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election to the member of House of Representatives and Province Assembly is being held on November 20 in a single phase throughout the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">EC spokesperson Shaligram Sharma Poudel said that political parties and the candidates can carry out election canvassing on online media registered with the Department of Information and Broadcasting and enlisted with the Press Council Nepal as per the Election Code of Conduct, 2022. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision, political parties and candidates will be allowed to disseminate visual materials related to their election campaigning through online media for a maximum of one minute. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the political parties can also disseminate election publicity materials on online media of private sector as banner, detailed page banner, box advertisement, roadblock, content block as well as the homepage. However, it should be indicated on the election publicity material that it is paid advertisement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election publicity material disseminated in this way should not include in it any content that is defamatory to anyone, fake information, misinformation and hate speech. If this type of content is found in the election publicity material, it would be considered a violation of the Election Code of Conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The code of conduct also bars the dissemination of their election publicity materials by parties and candidates on foreign online media. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties and candidates are required to submit to the EC the details of the expenditure while disseminating the election publicity materials through online media and include it in their election expenses details. </span><br /> <strong><span style="font-family:"Arial Unicode MS","sans-serif"">Directive to make polling stations inclusive and disabled-friendly</span></strong> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the EC has issued directives for making the polling stations inclusive and disabled-friendly. It has directed the Chief Election Officer, the Election Officer, Polling Officer and all employees deputed to conduct the election in this regard. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has emphasized on the strict adherence to the 'Gender and Inclusion Policy in Election Management, 2077 BS' and the 'House of Representatives and Province Assembly Member Election (Voting) Guidelines, 2079 BS'. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16029', 'image' => '20221111024238_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-11 14:42:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16302', 'article_category_id' => '1', 'title' => 'Price of Gold Drops Slightly', 'sub_title' => 'The Precious Yellow Metal Being Traded at Rs 97,200 per Tola Today', 'summary' => 'November 14: The price of gold has dropped by Rs 100 per tola (11. 66 grams approx) on Monday as compared to the previous trading day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 14: The price of gold has dropped by Rs 100 per tola (11. 66 grams approx) on Monday as compared to the previous trading day. </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 the Federation of Nepal Gold and Silver Dealers Association, fine gold is being traded at Rs 97,200 per tola today (November 14). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the price of worked gold has also decreased by Rs 100 per tola to Rs 96,700 from Rs 96,800 per tola the previous trading day.</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"">Likewise, the price of silver has been fixed at Rs 1,295 per tola, a decrease of Rs 5 per tola compared to the previous trading day. </span></span></span></p> <p><br /> <span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2022-11-14', 'modified' => '2022-11-14', 'keywords' => '', 'description' => '', 'sortorder' => '16043', 'image' => '20221114121204_gold.jpg', 'article_date' => '2022-11-14 12:11:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16301', 'article_category_id' => '1', 'title' => 'Four Days Left for Election Campaigning ', 'sub_title' => '', 'summary' => 'November 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November 20. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Section 13 of the Election Code of Conduct has determined November 3 to 17 as the dates for running the election campaign, rallies, mass assembly, corner assembly, meeting, gathering by political parties, candidates, the parties' sister organisations and related people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The so-called election silence period starts from November 17 midnight and election campaigning is barred thereafter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has stated that action will be taken against the candidates who violate the Election Code of Conduct. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-14', 'modified' => '2022-11-14', 'keywords' => '', 'description' => '', 'sortorder' => '16042', 'image' => '20221114111657_EC.jpg', 'article_date' => '2022-11-14 11:16:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16300', 'article_category_id' => '1', 'title' => 'Possibility of Light Rain and Snowfall ', 'sub_title' => '', 'summary' => 'November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meteorologist at the division, Heera Bhattarai, said that light rain and snowfall is likely to occur today (Sunday), Monday and Tuesday due to the impact of the Westerly wind. </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"">"Cold will increase as mercury will dip due to snowfall and this might have general impact on life," said Bhattarai, adding that the weather will be affected somewhat from this evening and more impact would be felt in the western parts of the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The likelihood of rain and snowfall is more in Sudurpaschim and Karnali provinces, according to the division. Similarly, light rain will take place in Province 1, Gandaki Province, Sudurpaschim Province and Karnali Province with chances of light snowfall in the high mountain region of these provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The weather bulletin published by the division states that there is possibility of light rain at one or two places of the hill region of Province 1 today. Light snowfall is likely in some places of the mountainous region of Province 1 and Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, there is possibility of light snowfall at one or two places of the mountainous region of Gandaki Province, Karnali Province and Sudurpascbhhim Province tonight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light rainfall at one or two places of the hill areas of Province 1, Gandaki Province, Karnali Province and Sudurpaschim Province on Monday. Light snowfall is predicted in a few places of the mountainous region of Sudurpaschim Province and Karnali Province on Monday, the division added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16041', 'image' => '20221113054332_weatherrrr.jpg', 'article_date' => '2022-11-13 17:42:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16299', 'article_category_id' => '1', 'title' => 'Election Activities up as November 20 Voting Just Around the Corner', 'sub_title' => '', 'summary' => 'November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching. Election-related activities and campaigns have shot up, and candidates are reaching out to voters with their respective party's election manifesto. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Election campaigns have been done in a thrifty and careful way, claimed Shaligram Sharma, spokesperson for the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the election code of conduct has been strictly implemented as compared to the past elections, he maintained. </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 code of conduct has a provision that bars extravagant election expenditure. As a result of the strict implementation of the election code of conduct, the distribution of election-related pamphlets and banners, election rallies and assemblies have significantly gone down. But, election has remained in the heart and mind of voters, and election ambiance has not gone down," said Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lately, elections are becoming decent with the political parties, candidates, voters and democracy growing matured, said CPN (UML) leader Subas Nembang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There has been drastic changes in elections campaigns in a bid to make them economical with consultations between political parties and the EC," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The elections are being held for a total 275 HoR members, and 550 Provincial Assembly members. There are a total of 17,988, 570 eligible voters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Scenes in the previous elections used to be different. In the past, there used to be massive display of banners and pasting of pamphlets in market areas and urban settlement. Supporters of political parties and candidates used to be seen wearing clothes printed with election symbols of political parties and election candidates. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the EC could ensure a significant change in the publicity campaign. Just 15 days were officially given for the election mass meetings and the door-to-door visit programmes. Election publicity programmes were not extravagant this time as compared to the past. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Speaker Subash Nembang said people/voters are questioning the candidates reaching out to them whether they could deliver development projects such as roads and drinking water facility for them. The voters still are still seeking commitments from the potential legislators. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepali Congress leader Pushpa Bhusal said the given time for election publicity was too little this time as per the geography of electoral constituencies. According to her, the parties focused on home visit programmes instead of mass gatherings. “This time election glitz was not at the sight, but people are enthusiastic for the voting.” </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The model of election publicity has been changed this time with the belief that election costs should be within the limit to promote fair politics. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16040', 'image' => '20221113050601_KN-Damauli-image_6487327.jpg', 'article_date' => '2022-11-13 17:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16298', 'article_category_id' => '1', 'title' => '‘Don't Allow Big Projects to Import Construction Materials that are Produced within Nepal’', 'sub_title' => '', 'summary' => 'November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The industrialists have urged the government to bar big projects from importing construction materials that can be produced within the country. This move, according to the industrialists, will help sustain the domestic industries that produce rods, cement, pipes, and zinc sheets, at a time when they are reeling under crisis due to the impact of Covid-19 pandemic and the current economic crisis.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government allows the import of building materials with customs exemption for development and construction projects. The industrialists complained that this has affected the domestic producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">They said that materials such as cement, rods, pipes and galvanized sheet are used extensively for projects related to hydropower, bridges, roads, and canals, but most of such construction materials are imported from outside. This is a big setback for the domestic market of Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders argue that there is no need to bring such materials from outside when the domestic industry has become self-sufficient in rods and cement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“The products of the domestic industries should be used in big projects," insists Rajesh Kyal, owner of Narayani Ispat. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kyal claimed that this measure might provide some relief to the market, which has been affected by the uncomfortable situation after the pandemic. The government allows such projects to import materials with exemption on customs duty and value-added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dhan Bahadur Baruwal, Chief Customs Officer of Birgunj Customs, the customs exemption is given upon the recommendation of the Ministry of Finance.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Normally, up to 40 per cent customs duty is fixed for the import of such materials, but the big projects pay customs duty of 1 to 2 per at subsidized rate. Such imports do not need value added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Santosh Kumar Neupane, Information Officer of Birgunj Dry Port Customs, informed that 4 to 5 containers of such goods are imported through customs every month. The Ministry of Finance has been giving concessions on the import of construction materials according to the nature of the project.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Businessmen say that domestic industries have been affected as the big projects are allowed to import products such as zinc and galvanized sheet, etc., which are produced in abundance in the country. The industrialists argue that such projects should be supplied with construction materials from the domestic industries.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16039', 'image' => '20221113035229_cement rod.jpg', 'article_date' => '2022-11-13 15:51:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16297', 'article_category_id' => '1', 'title' => 'Banks Start Returning the Money Charged to Customers Illegally', 'sub_title' => '', 'summary' => 'November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">After the central bank instructed BFIs not to collect any amount against the directive on interest rates, BFIs have reportedly started returning the money to the customers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks and financial institutions cannot later change the premium rate mentioned while signing the offer letter,” said Dr Gunakar Bhatta, spokesperson of NRB, adding, “We have found that banks have collected additional interest rate by increasing the premium rate and have therefore instructed them to return such amount.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, he did not have the exact figure of the amount returned by BFIs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive on Loan Management issued by NRB has a provision under which banks can fix the base rate by adding 0.75 percent profit on their cost incurred and then add a certain percentage of premium rate to determine the interest rate. Although the interest rates of banks increase or decrease automatically when the base rate fluctuates every quarter, the premium rate remains constant.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the directive, banks must clearly mention the premium rate in the offer letter to its customers. The premium rate cannot be increased later. Banks are required to publish the interest rate on deposits as well as the premium rate of loans one day before the start of every new month.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, banks have increased the interest on loan to the new borrowers citing liquidity crunch. In doing so, they also increased the premium rates of old borrowers in order to increase the interest rate. The central bank started looking into the matter after the industrialists as well as general public started protesting against such move of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) had met the Governor of Nepal Rastra Bank Maha Prasad Adhikari and submitted a memo stating that banks have been collecting interest rates at their whims. They had complained that the banks had increased the interest rate on old loans without informing the borrowers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive has provision for the banks to inform the customers about any change in interest rate immediately through SMS/email. The borrowers have complained that the banks did not comply with this provision. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Banks have also been found charging renewal fee once a year on term loans. Bhatta said that the central bank has asked for data from banks after receiving complain in this regard and have instructed the banks to return the money if collected against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Although the industrialists had started nation-wide protest against the hike in interest rate, the protest has been deferred until the election upon the request of FNCCI.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16038', 'image' => '20221113014200_1668290580.Clipboard03.jpg', 'article_date' => '2022-11-13 13:41:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16296', 'article_category_id' => '1', 'title' => 'No Permits Required for Essential Service Vehicles on Voting Day ', 'sub_title' => '', 'summary' => 'November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day. The EC has made this arrangement for the convenience of the vehicles used for essential services on the voting day on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC stated that vehicle passes would not be required for ambulances, hearse, fire trucks, water supply tanker, vehicles transporting garbage, milk vans, vehicles used for telecom and cable services and the vehicles carrying doctors, health service workers and employees holding hospital identity cards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, permits would not be required for vehicles used by media persons bearing the press pass issued by the Department of Information and Broadcasting or the Province Media Registrar's Office or the Communications Authority under the Province Government or any other regulatory body of similar nature or those media persons bearing identity cards issued by the media houses registered and operating as per the existing laws and listed in the Press Council Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicles, used by election observers and monitors bearing the identity card issued by the EC, the vehicles used for carrying vegetables, fruits and those used for electricity service, vehicles with blue number plate used by diplomatic missions, UN agencies and the officials working in bilateral and multilateral development partner organisations and the vehicles with green number plate used only for carrying foreign tourists, will not require passes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, passes would not be required for vehicles of security bodies used by the security personnel and the vehicles used by the employees and volunteers deputed for election duty. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has however warned that vehicles used for essential services would not be allowed to carry the voters. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16037', 'image' => '20221113010203_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-13 13:01:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16295', 'article_category_id' => '1', 'title' => 'Fresh Quake Rattles Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'November 13: An earthquake measuring 5.4 in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: An earthquake measuring 5.4 magnitude in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Seismological Monitoring and Research Centre, Surkhet, the epicentre of the quake was located at Patadewal of Bajhang district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in several districts including Baitadi, Darchula, Dadeldhura, Achham, Kanchanpur, and Kailali. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Police said no loss has been reported so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last week, the Sudurpaschim Province recorded major earthquakes that rattled the entire region on November 9 and 10. The second earthquake of 6.6 in the Richter scale that occurred on November 10 had claimed six lives. The quake was felt as far as New Delhi in India.</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 region has witnessed more than 200 aftershocks.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Police has been using loud speakers urging local residents of Patadewal to stay outside their houses after the latest earthquake.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, last week’s tremors had weakened the houses of the locals and hence they were asked to stay outdoors as aftershocks continue to take place.</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"">Sub Inspector Ram Bahadur Bam of Patadewal Police Station said,</span>“<span style="font-family:"Arial Unicode MS","sans-serif"">It is risky to stay inside the same houses after the earthquake on Saturday.</span>” -- RSS</span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16036', 'image' => '20221113120329_GM_Doti-1.jpg', 'article_date' => '2022-11-13 12:02:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16294', 'article_category_id' => '1', 'title' => 'NAC to Operate Int'l Flights from Gautam Buddha Int'l Airport ', 'sub_title' => '', 'summary' => 'November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. NAC Spokesperson Archana Khadka told the state-owned national news agency RSS that preparations are underway to operate international flights from Gautam Buddha Airport by the end of December. <br /> The national flag carrier of Nepal has formed committee under the coordination of Commerce Director of NAC, Janakraj Kalakheti, to conduct a study in this regard, RSS reported. <br /> "Preparations are underway to operate international flights by the end of this December. The NAC board will finalize the destinations after the study committee submits its report," RSS quoted Khadka as saying. <br /> Jazeera Airlines is the first airlines to operate flights from GBIA since the airport officially came into operation on May </span><span style="font-family:"Arial Unicode MS","sans-serif"">16 this year. The airline company been operating three flights a week between Kuwait and Gautam Buddha International Airport. </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"">Similarly, Himalaya Airlines has been operating regular chartered flights to Kuala Lumpur of Malaysia from Gautam Buddha International Airport since November 3. </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 Civil Aviation Authority of Nepal has urged in written to five international airliners as well as Nepal Airlines and Himalaya Airlines to operate flights from the newly launched airport. </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"">Currently, NAC has been conducting flights to 10 destinations of eight countries across the world. It has two wide-body and two narrow-body aircraft for international flights. </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16035', 'image' => '20221113111754_NAC.jpg', 'article_date' => '2022-11-13 11:17:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16293', 'article_category_id' => '1', 'title' => 'At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX', 'sub_title' => '', 'summary' => 'November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, the exchange's founder Sam Bankman-Fried secretly transferred US$10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A large portion of that total has since disappeared, Reuters said referring to information provided by two people familiar with the matter. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time, Reuters said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. Reuters reported that both sources held senior FTX positions until this week and said they were briefed on the company's finances by top staff.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At the heart of FTX's problems were losses at Alameda that most FTX executives did not know about, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX's digital token, worth at least $580 million, "due to recent revelations." Four days before, news outlet CoinDesk reported that much of Alameda's $14.6 billion in assets were held in the token.</span></span></p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16034', 'image' => '20221112100220_Cryptoshutterstock_1434643079.jpg', 'article_date' => '2022-11-12 10:01:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16292', 'article_category_id' => '1', 'title' => 'Parties Coming Up with Stale Agendas for Fresh Elections ', 'sub_title' => '', 'summary' => 'November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They are primarily raising issues related to political stability, good governance, prosperity and law and order in course of their election campaigns. However, these issues figured in the election agenda of the parties in the last elections as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties have also included in their election manifestos topics like protection of nationalism, national sovereignty, building a self-reliant economy, increasing employment, infrastructure development, citizenship and issues related to religion and culture. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Nepalka Lagi Nepali (Nepalis for Nepal) Party has vociferously raised the issues of curbing corruption and promotion of the 'Prithvipath' and 'Nepalwad'. According to this party, Prithvipath is the principles propounded by King Prithvi Narayan Shah, the unifier of modern Nepal, and Nepalwad is the policy of Nepal first, said the party president Bal Krishna Neupane. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepalka Lagi Nepali Party's election symbol is the 'conch'. The party has fielded 110 candidates under the first-past-the-post (FPTP) and the proportional electoral system. Moreover, the party has prioritized issues like investigating the assets of persons holding high public posts from the time of Panchayat system till present, adoption of a directly-elected prime minister, restoration of monarchical system and barring the legislators from becoming ministers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some of the political parties have highlighted issues such as deteriorating economy, external interference in national affairs, establishing social justice and self-reliance, addressing the problems of women, children and senior citizens, and that of education, health and social security, in their election manifestos. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nagarik Unmukti Party (Citizen Liberation Party) led by Ranjita Shrestha has primarily highlighted topics like the nation's development, identity, good governance, prosperity and inclusive identity in its manifesto. This party has fielded 85 candidacies for the House of Representatives and 137 candidacies for the Provincial Assembly member election. It has been advocating for a directly-elected president or prime minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Kirant Khumbuwan Sajha Party has fielded only one candidate for the House of Representatives and 15 candidates for Provincial Assembly in the FPTP system and 15 for the proportional representation seats. The party with the election symbol of 'Dhaka cap’ has voiced for naming Province 1 as the Kirant Province, smooth supply of drinking water in Dharan, corruption control and addressing the burning problems in the education and health sectors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The party has also advocated for adopting a directly-elected prime minister and fully-proportional election system for institutionalizing political stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Tamang Shaling Loktantrik Party with the 'Vajra' as its election symbol has fielded one candidate for the House of Representatives election and 20 candidates for the Provincial Assembly, said party chairperson Simang Tamang. The party has been demanding reforms in the election system to make it less costly and adoption of a fully-proportional election system where the candidates are selected based on the population of the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Miteri Party Nepal with election symbol ‘Horse' has called for redrawing the new administrative map of the country into five development regions and restoration of constitutional monarchy, said the party president Ghanendra Basnet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Bibeksheel Party has fielded only two candidacies for House of Representatives. The party with election symbol the 'Dog Face' has advocated for extensive reforms in the present form of governance and election system, according to party president Karma Lama. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mangol National Organisation with its election symbol ‘rooster' is contesting the election to 238 seats for House of Representatives and Province Assembly from 50 districts, shared the party president Buddha Lal Meche. This party's main election agenda are democracy, secularism, federalism and the protection of rights and existence of the indigenous people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Sanghiya Lokatantrik Rastriya Manch (Federal Democratic National Forum)'s chairperson Kumar Lingden said his party has fielded candidacies in 86 electoral constituencies in six provinces in this election. Federalism with identity, removal of the present minimum vote threshold for parties and empowerment of the provinces are the key issues the party has been advocating for. Its election symbol is 'Khukuri with the Sheath'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bahujan Ekata Party Nepal has kept equality, independence, self-respect and prosperity as its top priorities. The party's election symbol is the 'Seven-step Stairs'. It has fielded 34 candidates towards the FPTP and 49 candidates towards the proportional representation system of election. The party is for adopting a governance system where either the president or the prime minister is directly elected by the people. It has also been advocating for adopting a fully proportional election system along with reservation quotas for the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is found that the election candidates are also putting forth the same old ideas like maintaining law and order, good governance, easing the supply of fertiliser, providing irrigation and expanding road networks, among other promises. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16033', 'image' => '20221112095016_NA_Chitwan-IMG_2752.jpg', 'article_date' => '2022-11-12 09:49:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16291', 'article_category_id' => '1', 'title' => 'Nurses in UK to go on Strike for First Time in History', 'sub_title' => '', 'summary' => 'November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the Gulf news portal said citing the Royal College of Nursing (RCN) that nurses at most of the state-run National Health Service (NHS) across the country have voted for the action.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The RCN, which has more than 300,000 members, said industrial action would begin before the end of the year, after the first vote on strike action in its 106-year-old history, Al Jazeera further reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“Anger has become action – our members are saying enough is enough,” Al Jazeera quoted RCN General Secretary Pat Cullen as saying. “This action will be as much for patients as it is for nurses. Standards are falling too low.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, NHS nurses have seen their salaries drop by up to 20 percent in real terms over the last 10 years, leaving members struggling to feed their families and pay their bills, the RCN has said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">NHS reportedly said in September nurses were skipping meals to feed and clothe their children and were struggling to afford rising transport costs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">It may be noted that the Government of Nepal had signed a bilateral agreement with the UK in August with the aim of securing highly-paid jobs for Nepali youths in the UK, especially in the healthcare sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The MoU has pledged that the Nepali healthcare professional will receive equal rights, privileges, protections and dignity as health professionals from the UK, the state-owned national news agency of Nepal RSS reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the RSS, Nepali citizens aged between 20 and 45 years holding a valid Nepali passport can file application. The applicant should have an active professional license from the Nepal Nursing Council and at least two years of experience in a registered hospital in Nepal. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Al Jazeera reported that the UK has seen a wave of industrial unrest this year across industries from railways to the law as pay fails to keep up with inflation, running at 10 percent, and surging energy costs.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16032', 'image' => '20221111050902_0_A-nurse-holds-a-placard-demanding-fair-pay-rise-from-the.jpg', 'article_date' => '2022-11-11 17:08:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16290', 'article_category_id' => '1', 'title' => 'World Travel Market in UK will Help Revitalize Nepal's Tourism: NTB', 'sub_title' => '', 'summary' => 'November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. The board said that the event, considered to be the world's largest tourism fair, will help the private sector in renewing old business contacts and expanding new contacts in tourism.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhananjay Regmi, chief executive officer of the Nepal Tourism Board, said that Nepal's participation in the fair organized after the Covid-19 pandemic is beneficial for the tourism sector. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"Nepal has been participating in various tourism promotion programmes organized at the international level after the Covid-19," said Regmi, adding that this will help in promoting tourism in post-Covid Nepal in many ways.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">WTM was attended by all types of international tourism organizations, ministries of tourism, travel agents, tour operators, hoteliers, travel tech companies, airliners, adventure sports companies, etc. Also, bloggers, tourism market consultants and tourism experts exhibited their products at the WTM.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, Nepal’s stall at the WTM was visited by tourism professionals, marketing consultants, media, tour operators and others from different countries, including the UK. British mountaineers and adventurers Sir Chris Bonington and Alan Hicks recalled their climbing experience in Nepal and urged all the British people to visit Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">More than 100 British travel and tour operators and British climbers participated in the event. A total of 24 travel and tourism-related companies from Nepal participated at the WTM under the leadership of the Nepal Tourism Board. Nepal’s stall at the WTM was inaugurated on Monday by the Nepalese ambassador to the UK, Gyan Chandra Acharya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16031', 'image' => '20221111043446_tournba.jpg', 'article_date' => '2022-11-11 16:34:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16289', 'article_category_id' => '1', 'title' => 'Suspension of Share Transaction of Merging Companies to Remain in Force for 15 Days', 'sub_title' => '', 'summary' => 'November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end. The months-long suspension of share transactions of companies opting for merger or acquisition has come to an end after the Securities Board of Nepal started implementing the Guidelines for Merger/Acquisition of Organised Institutions 2079 effective from November 10. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the share transactions of 34 companies have been suspended because they are in the process of merger or acquisition.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Since the implementation of the new guidelines, the transactions of shares other than preference share will be allowed in case if a company decides for merger.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new guidelines, such companies need to submit applications to the Nepal Stock Exchange (NEPSE) and Central Depository and Settlement Corporation Limited (CDSC) seeking approval for transaction of shares other than preference shares. Based on the application, NEPSE and CDSC can make arrangements to immediately lift the suspension on share transactions other than preference shares. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Chairman of the Securities Board of Nepal Ramesh Kumar Hamal said that they succeeded in implementing the new guidelines after relentless efforts. According to Hamal, the new guidelines issued so that the shares of the companies would not have to be suspended for a long time.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new provision, the share transaction of the companies will be suspended for a maximum of 15 after they start integrated transaction following the completion of all the necessary processes of merger or acquisition. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Hamal further said that the companies opting for merger or acquisition have to complete the process within six months of signing the agreement. If they fail to complete the merger process, the board members will be held accountable. However, Hamal clarified that the six month deadline will not be applicable for the companies that were in the merger process before the guidelines were implemented.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the maximum number of companies that have initiated the process of merger or acquisition are insurance companies. A total of 16 insurance companies, 8 commercial banks and 10 microfinance companies have initiated the process of merger or acquisition.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16030', 'image' => '20221111042115_20220622042335_share.jpg', 'article_date' => '2022-11-11 16:20:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16288', 'article_category_id' => '1', 'title' => 'EC Issues Directives Regarding Online Dissemination of Election Publicity Materials ', 'sub_title' => '', 'summary' => 'November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election to the member of House of Representatives and Province Assembly is being held on November 20 in a single phase throughout the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">EC spokesperson Shaligram Sharma Poudel said that political parties and the candidates can carry out election canvassing on online media registered with the Department of Information and Broadcasting and enlisted with the Press Council Nepal as per the Election Code of Conduct, 2022. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision, political parties and candidates will be allowed to disseminate visual materials related to their election campaigning through online media for a maximum of one minute. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the political parties can also disseminate election publicity materials on online media of private sector as banner, detailed page banner, box advertisement, roadblock, content block as well as the homepage. However, it should be indicated on the election publicity material that it is paid advertisement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election publicity material disseminated in this way should not include in it any content that is defamatory to anyone, fake information, misinformation and hate speech. If this type of content is found in the election publicity material, it would be considered a violation of the Election Code of Conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The code of conduct also bars the dissemination of their election publicity materials by parties and candidates on foreign online media. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties and candidates are required to submit to the EC the details of the expenditure while disseminating the election publicity materials through online media and include it in their election expenses details. </span><br /> <strong><span style="font-family:"Arial Unicode MS","sans-serif"">Directive to make polling stations inclusive and disabled-friendly</span></strong> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the EC has issued directives for making the polling stations inclusive and disabled-friendly. It has directed the Chief Election Officer, the Election Officer, Polling Officer and all employees deputed to conduct the election in this regard. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has emphasized on the strict adherence to the 'Gender and Inclusion Policy in Election Management, 2077 BS' and the 'House of Representatives and Province Assembly Member Election (Voting) Guidelines, 2079 BS'. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16029', 'image' => '20221111024238_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-11 14:42:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 14: Only four days remain for the political parties and candidates to carry out election campaigns for the upcoming polls to the House of Representatives and Provincial Assembly taking place on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Section 13 of the Election Code of Conduct has determined November 3 to 17 as the dates for running the election campaign, rallies, mass assembly, corner assembly, meeting, gathering by political parties, candidates, the parties' sister organisations and related people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The so-called election silence period starts from November 17 midnight and election campaigning is barred thereafter. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Election Commission has stated that action will be taken against the candidates who violate the Election Code of Conduct. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-14', 'modified' => '2022-11-14', 'keywords' => '', 'description' => '', 'sortorder' => '16042', 'image' => '20221114111657_EC.jpg', 'article_date' => '2022-11-14 11:16:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16300', 'article_category_id' => '1', 'title' => 'Possibility of Light Rain and Snowfall ', 'sub_title' => '', 'summary' => 'November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: There is likelihood of light rain and snowfall in the next two to three days due to the influence of the Westerly wind, the Meteorological Forecasting Division under the Department of Hydrology and Meteorology said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meteorologist at the division, Heera Bhattarai, said that light rain and snowfall is likely to occur today (Sunday), Monday and Tuesday due to the impact of the Westerly wind. </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"">"Cold will increase as mercury will dip due to snowfall and this might have general impact on life," said Bhattarai, adding that the weather will be affected somewhat from this evening and more impact would be felt in the western parts of the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The likelihood of rain and snowfall is more in Sudurpaschim and Karnali provinces, according to the division. Similarly, light rain will take place in Province 1, Gandaki Province, Sudurpaschim Province and Karnali Province with chances of light snowfall in the high mountain region of these provinces. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The weather bulletin published by the division states that there is possibility of light rain at one or two places of the hill region of Province 1 today. Light snowfall is likely in some places of the mountainous region of Province 1 and Gandaki Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, there is possibility of light snowfall at one or two places of the mountainous region of Gandaki Province, Karnali Province and Sudurpascbhhim Province tonight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There are chances of light rainfall at one or two places of the hill areas of Province 1, Gandaki Province, Karnali Province and Sudurpaschim Province on Monday. Light snowfall is predicted in a few places of the mountainous region of Sudurpaschim Province and Karnali Province on Monday, the division added. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16041', 'image' => '20221113054332_weatherrrr.jpg', 'article_date' => '2022-11-13 17:42:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16299', 'article_category_id' => '1', 'title' => 'Election Activities up as November 20 Voting Just Around the Corner', 'sub_title' => '', 'summary' => 'November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Election activities have intensified across the country as the November 20 voting to the House of Representatives and the Province Assembly is fast approaching. Election-related activities and campaigns have shot up, and candidates are reaching out to voters with their respective party's election manifesto. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Election campaigns have been done in a thrifty and careful way, claimed Shaligram Sharma, spokesperson for the Election Commission. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the election code of conduct has been strictly implemented as compared to the past elections, he maintained. </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 code of conduct has a provision that bars extravagant election expenditure. As a result of the strict implementation of the election code of conduct, the distribution of election-related pamphlets and banners, election rallies and assemblies have significantly gone down. But, election has remained in the heart and mind of voters, and election ambiance has not gone down," said Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lately, elections are becoming decent with the political parties, candidates, voters and democracy growing matured, said CPN (UML) leader Subas Nembang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"There has been drastic changes in elections campaigns in a bid to make them economical with consultations between political parties and the EC," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The elections are being held for a total 275 HoR members, and 550 Provincial Assembly members. There are a total of 17,988, 570 eligible voters. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Scenes in the previous elections used to be different. In the past, there used to be massive display of banners and pasting of pamphlets in market areas and urban settlement. Supporters of political parties and candidates used to be seen wearing clothes printed with election symbols of political parties and election candidates. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">This time, the EC could ensure a significant change in the publicity campaign. Just 15 days were officially given for the election mass meetings and the door-to-door visit programmes. Election publicity programmes were not extravagant this time as compared to the past. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Former Speaker Subash Nembang said people/voters are questioning the candidates reaching out to them whether they could deliver development projects such as roads and drinking water facility for them. The voters still are still seeking commitments from the potential legislators. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepali Congress leader Pushpa Bhusal said the given time for election publicity was too little this time as per the geography of electoral constituencies. According to her, the parties focused on home visit programmes instead of mass gatherings. “This time election glitz was not at the sight, but people are enthusiastic for the voting.” </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The model of election publicity has been changed this time with the belief that election costs should be within the limit to promote fair politics. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16040', 'image' => '20221113050601_KN-Damauli-image_6487327.jpg', 'article_date' => '2022-11-13 17:05:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16298', 'article_category_id' => '1', 'title' => '‘Don't Allow Big Projects to Import Construction Materials that are Produced within Nepal’', 'sub_title' => '', 'summary' => 'November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 13: Stakeholders have complained that the domestic industries of Nepal have been affected due to the customs exemption given to big projects with foreign investment for the import of construction materials. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The industrialists have urged the government to bar big projects from importing construction materials that can be produced within the country. This move, according to the industrialists, will help sustain the domestic industries that produce rods, cement, pipes, and zinc sheets, at a time when they are reeling under crisis due to the impact of Covid-19 pandemic and the current economic crisis.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government allows the import of building materials with customs exemption for development and construction projects. The industrialists complained that this has affected the domestic producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">They said that materials such as cement, rods, pipes and galvanized sheet are used extensively for projects related to hydropower, bridges, roads, and canals, but most of such construction materials are imported from outside. This is a big setback for the domestic market of Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders argue that there is no need to bring such materials from outside when the domestic industry has become self-sufficient in rods and cement. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“The products of the domestic industries should be used in big projects," insists Rajesh Kyal, owner of Narayani Ispat. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Kyal claimed that this measure might provide some relief to the market, which has been affected by the uncomfortable situation after the pandemic. The government allows such projects to import materials with exemption on customs duty and value-added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to Dhan Bahadur Baruwal, Chief Customs Officer of Birgunj Customs, the customs exemption is given upon the recommendation of the Ministry of Finance.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Normally, up to 40 per cent customs duty is fixed for the import of such materials, but the big projects pay customs duty of 1 to 2 per at subsidized rate. Such imports do not need value added tax.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Santosh Kumar Neupane, Information Officer of Birgunj Dry Port Customs, informed that 4 to 5 containers of such goods are imported through customs every month. The Ministry of Finance has been giving concessions on the import of construction materials according to the nature of the project.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Businessmen say that domestic industries have been affected as the big projects are allowed to import products such as zinc and galvanized sheet, etc., which are produced in abundance in the country. The industrialists argue that such projects should be supplied with construction materials from the domestic industries.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16039', 'image' => '20221113035229_cement rod.jpg', 'article_date' => '2022-11-13 15:51:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16297', 'article_category_id' => '1', 'title' => 'Banks Start Returning the Money Charged to Customers Illegally', 'sub_title' => '', 'summary' => 'November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI","sans-serif"">November 13: Amid pressure from industrialists against the excessive hike in interest rates and service charges by banks and financial institutions, Nepal Rastra Bank has instructed the BFIs to return the renewal fee and premium collected from the debtors against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">After the central bank instructed BFIs not to collect any amount against the directive on interest rates, BFIs have reportedly started returning the money to the customers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Banks and financial institutions cannot later change the premium rate mentioned while signing the offer letter,” said Dr Gunakar Bhatta, spokesperson of NRB, adding, “We have found that banks have collected additional interest rate by increasing the premium rate and have therefore instructed them to return such amount.” </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, he did not have the exact figure of the amount returned by BFIs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive on Loan Management issued by NRB has a provision under which banks can fix the base rate by adding 0.75 percent profit on their cost incurred and then add a certain percentage of premium rate to determine the interest rate. Although the interest rates of banks increase or decrease automatically when the base rate fluctuates every quarter, the premium rate remains constant.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As per the directive, banks must clearly mention the premium rate in the offer letter to its customers. The premium rate cannot be increased later. Banks are required to publish the interest rate on deposits as well as the premium rate of loans one day before the start of every new month.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Lately, banks have increased the interest on loan to the new borrowers citing liquidity crunch. In doing so, they also increased the premium rates of old borrowers in order to increase the interest rate. The central bank started looking into the matter after the industrialists as well as general public started protesting against such move of the banks.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) had met the Governor of Nepal Rastra Bank Maha Prasad Adhikari and submitted a memo stating that banks have been collecting interest rates at their whims. They had complained that the banks had increased the interest rate on old loans without informing the borrowers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Unified Directive has provision for the banks to inform the customers about any change in interest rate immediately through SMS/email. The borrowers have complained that the banks did not comply with this provision. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Banks have also been found charging renewal fee once a year on term loans. Bhatta said that the central bank has asked for data from banks after receiving complain in this regard and have instructed the banks to return the money if collected against the law.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Although the industrialists had started nation-wide protest against the hike in interest rate, the protest has been deferred until the election upon the request of FNCCI.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16038', 'image' => '20221113014200_1668290580.Clipboard03.jpg', 'article_date' => '2022-11-13 13:41:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16296', 'article_category_id' => '1', 'title' => 'No Permits Required for Essential Service Vehicles on Voting Day ', 'sub_title' => '', 'summary' => 'November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: The Election Commission (EC) has said that vehicle passes would not be required for the vehicles used for essential services on the voting day. The EC has made this arrangement for the convenience of the vehicles used for essential services on the voting day on November 20. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC stated that vehicle passes would not be required for ambulances, hearse, fire trucks, water supply tanker, vehicles transporting garbage, milk vans, vehicles used for telecom and cable services and the vehicles carrying doctors, health service workers and employees holding hospital identity cards. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, permits would not be required for vehicles used by media persons bearing the press pass issued by the Department of Information and Broadcasting or the Province Media Registrar's Office or the Communications Authority under the Province Government or any other regulatory body of similar nature or those media persons bearing identity cards issued by the media houses registered and operating as per the existing laws and listed in the Press Council Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicles, used by election observers and monitors bearing the identity card issued by the EC, the vehicles used for carrying vegetables, fruits and those used for electricity service, vehicles with blue number plate used by diplomatic missions, UN agencies and the officials working in bilateral and multilateral development partner organisations and the vehicles with green number plate used only for carrying foreign tourists, will not require passes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, passes would not be required for vehicles of security bodies used by the security personnel and the vehicles used by the employees and volunteers deputed for election duty. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has however warned that vehicles used for essential services would not be allowed to carry the voters. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16037', 'image' => '20221113010203_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-13 13:01:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16295', 'article_category_id' => '1', 'title' => 'Fresh Quake Rattles Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'November 13: An earthquake measuring 5.4 in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: An earthquake measuring 5.4 magnitude in the Richter scale rocked Sudurpaschim Province at 8:12 last evening (November 12) .</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the National Seismological Monitoring and Research Centre, Surkhet, the epicentre of the quake was located at Patadewal of Bajhang district. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in several districts including Baitadi, Darchula, Dadeldhura, Achham, Kanchanpur, and Kailali. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Police said no loss has been reported so far. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Last week, the Sudurpaschim Province recorded major earthquakes that rattled the entire region on November 9 and 10. The second earthquake of 6.6 in the Richter scale that occurred on November 10 had claimed six lives. The quake was felt as far as New Delhi in India.</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 region has witnessed more than 200 aftershocks.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Police has been using loud speakers urging local residents of Patadewal to stay outside their houses after the latest earthquake.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, last week’s tremors had weakened the houses of the locals and hence they were asked to stay outdoors as aftershocks continue to take place.</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"">Sub Inspector Ram Bahadur Bam of Patadewal Police Station said,</span>“<span style="font-family:"Arial Unicode MS","sans-serif"">It is risky to stay inside the same houses after the earthquake on Saturday.</span>” -- RSS</span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16036', 'image' => '20221113120329_GM_Doti-1.jpg', 'article_date' => '2022-11-13 12:02:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16294', 'article_category_id' => '1', 'title' => 'NAC to Operate Int'l Flights from Gautam Buddha Int'l Airport ', 'sub_title' => '', 'summary' => 'November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 13: Nepal Airlines Corporation (NAC) is preparing to operate international flights from Bhairahawa-based Gautam Buddha International Airport. NAC Spokesperson Archana Khadka told the state-owned national news agency RSS that preparations are underway to operate international flights from Gautam Buddha Airport by the end of December. <br /> The national flag carrier of Nepal has formed committee under the coordination of Commerce Director of NAC, Janakraj Kalakheti, to conduct a study in this regard, RSS reported. <br /> "Preparations are underway to operate international flights by the end of this December. The NAC board will finalize the destinations after the study committee submits its report," RSS quoted Khadka as saying. <br /> Jazeera Airlines is the first airlines to operate flights from GBIA since the airport officially came into operation on May </span><span style="font-family:"Arial Unicode MS","sans-serif"">16 this year. The airline company been operating three flights a week between Kuwait and Gautam Buddha International Airport. </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"">Similarly, Himalaya Airlines has been operating regular chartered flights to Kuala Lumpur of Malaysia from Gautam Buddha International Airport since November 3. </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 Civil Aviation Authority of Nepal has urged in written to five international airliners as well as Nepal Airlines and Himalaya Airlines to operate flights from the newly launched airport. </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"">Currently, NAC has been conducting flights to 10 destinations of eight countries across the world. It has two wide-body and two narrow-body aircraft for international flights. </span></span></span><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-11-13', 'modified' => '2022-11-13', 'keywords' => '', 'description' => '', 'sortorder' => '16035', 'image' => '20221113111754_NAC.jpg', 'article_date' => '2022-11-13 11:17:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16293', 'article_category_id' => '1', 'title' => 'At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX', 'sub_title' => '', 'summary' => 'November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">November 12: At least one billion dollars of customer funds have vanished from collapsed crypto exchange FTX, Reuters reported citing people familiar with the matter.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, the exchange's founder Sam Bankman-Fried secretly transferred US$10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A large portion of that total has since disappeared, Reuters said referring to information provided by two people familiar with the matter. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time, Reuters said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. Reuters reported that both sources held senior FTX positions until this week and said they were briefed on the company's finances by top staff.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">At the heart of FTX's problems were losses at Alameda that most FTX executives did not know about, Reuters reported.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the news agency, customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX's digital token, worth at least $580 million, "due to recent revelations." Four days before, news outlet CoinDesk reported that much of Alameda's $14.6 billion in assets were held in the token.</span></span></p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16034', 'image' => '20221112100220_Cryptoshutterstock_1434643079.jpg', 'article_date' => '2022-11-12 10:01:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16292', 'article_category_id' => '1', 'title' => 'Parties Coming Up with Stale Agendas for Fresh Elections ', 'sub_title' => '', 'summary' => 'November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 12: Almost all the political parties are scrambling to woo the voters ahead of the November 20 election to the House of Representatives and Provincial Assembly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">They are primarily raising issues related to political stability, good governance, prosperity and law and order in course of their election campaigns. However, these issues figured in the election agenda of the parties in the last elections as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties have also included in their election manifestos topics like protection of nationalism, national sovereignty, building a self-reliant economy, increasing employment, infrastructure development, citizenship and issues related to religion and culture. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In this connection, the Nepalka Lagi Nepali (Nepalis for Nepal) Party has vociferously raised the issues of curbing corruption and promotion of the 'Prithvipath' and 'Nepalwad'. According to this party, Prithvipath is the principles propounded by King Prithvi Narayan Shah, the unifier of modern Nepal, and Nepalwad is the policy of Nepal first, said the party president Bal Krishna Neupane. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepalka Lagi Nepali Party's election symbol is the 'conch'. The party has fielded 110 candidates under the first-past-the-post (FPTP) and the proportional electoral system. Moreover, the party has prioritized issues like investigating the assets of persons holding high public posts from the time of Panchayat system till present, adoption of a directly-elected prime minister, restoration of monarchical system and barring the legislators from becoming ministers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Some of the political parties have highlighted issues such as deteriorating economy, external interference in national affairs, establishing social justice and self-reliance, addressing the problems of women, children and senior citizens, and that of education, health and social security, in their election manifestos. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Nagarik Unmukti Party (Citizen Liberation Party) led by Ranjita Shrestha has primarily highlighted topics like the nation's development, identity, good governance, prosperity and inclusive identity in its manifesto. This party has fielded 85 candidacies for the House of Representatives and 137 candidacies for the Provincial Assembly member election. It has been advocating for a directly-elected president or prime minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Kirant Khumbuwan Sajha Party has fielded only one candidate for the House of Representatives and 15 candidates for Provincial Assembly in the FPTP system and 15 for the proportional representation seats. The party with the election symbol of 'Dhaka cap’ has voiced for naming Province 1 as the Kirant Province, smooth supply of drinking water in Dharan, corruption control and addressing the burning problems in the education and health sectors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The party has also advocated for adopting a directly-elected prime minister and fully-proportional election system for institutionalizing political stability in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Tamang Shaling Loktantrik Party with the 'Vajra' as its election symbol has fielded one candidate for the House of Representatives election and 20 candidates for the Provincial Assembly, said party chairperson Simang Tamang. The party has been demanding reforms in the election system to make it less costly and adoption of a fully-proportional election system where the candidates are selected based on the population of the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Miteri Party Nepal with election symbol ‘Horse' has called for redrawing the new administrative map of the country into five development regions and restoration of constitutional monarchy, said the party president Ghanendra Basnet. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Bibeksheel Party has fielded only two candidacies for House of Representatives. The party with election symbol the 'Dog Face' has advocated for extensive reforms in the present form of governance and election system, according to party president Karma Lama. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Mangol National Organisation with its election symbol ‘rooster' is contesting the election to 238 seats for House of Representatives and Province Assembly from 50 districts, shared the party president Buddha Lal Meche. This party's main election agenda are democracy, secularism, federalism and the protection of rights and existence of the indigenous people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Sanghiya Lokatantrik Rastriya Manch (Federal Democratic National Forum)'s chairperson Kumar Lingden said his party has fielded candidacies in 86 electoral constituencies in six provinces in this election. Federalism with identity, removal of the present minimum vote threshold for parties and empowerment of the provinces are the key issues the party has been advocating for. Its election symbol is 'Khukuri with the Sheath'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bahujan Ekata Party Nepal has kept equality, independence, self-respect and prosperity as its top priorities. The party's election symbol is the 'Seven-step Stairs'. It has fielded 34 candidates towards the FPTP and 49 candidates towards the proportional representation system of election. The party is for adopting a governance system where either the president or the prime minister is directly elected by the people. It has also been advocating for adopting a fully proportional election system along with reservation quotas for the ethnic groups. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It is found that the election candidates are also putting forth the same old ideas like maintaining law and order, good governance, easing the supply of fertiliser, providing irrigation and expanding road networks, among other promises. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-12', 'modified' => '2022-11-12', 'keywords' => '', 'description' => '', 'sortorder' => '16033', 'image' => '20221112095016_NA_Chitwan-IMG_2752.jpg', 'article_date' => '2022-11-12 09:49:40', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16291', 'article_category_id' => '1', 'title' => 'Nurses in UK to go on Strike for First Time in History', 'sub_title' => '', 'summary' => 'November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 11: Tens of thousands of nurses in the United Kingdom will go on strike for the first time demanding better pay as the cost of living soars, Al Jazeera reported on Thursday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the Gulf news portal said citing the Royal College of Nursing (RCN) that nurses at most of the state-run National Health Service (NHS) across the country have voted for the action.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The RCN, which has more than 300,000 members, said industrial action would begin before the end of the year, after the first vote on strike action in its 106-year-old history, Al Jazeera further reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“Anger has become action – our members are saying enough is enough,” Al Jazeera quoted RCN General Secretary Pat Cullen as saying. “This action will be as much for patients as it is for nurses. Standards are falling too low.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to Al Jazeera, NHS nurses have seen their salaries drop by up to 20 percent in real terms over the last 10 years, leaving members struggling to feed their families and pay their bills, the RCN has said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">NHS reportedly said in September nurses were skipping meals to feed and clothe their children and were struggling to afford rising transport costs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">It may be noted that the Government of Nepal had signed a bilateral agreement with the UK in August with the aim of securing highly-paid jobs for Nepali youths in the UK, especially in the healthcare sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The MoU has pledged that the Nepali healthcare professional will receive equal rights, privileges, protections and dignity as health professionals from the UK, the state-owned national news agency of Nepal RSS reported.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">According to the RSS, Nepali citizens aged between 20 and 45 years holding a valid Nepali passport can file application. The applicant should have an active professional license from the Nepal Nursing Council and at least two years of experience in a registered hospital in Nepal. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Meanwhile, Al Jazeera reported that the UK has seen a wave of industrial unrest this year across industries from railways to the law as pay fails to keep up with inflation, running at 10 percent, and surging energy costs.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16032', 'image' => '20221111050902_0_A-nurse-holds-a-placard-demanding-fair-pay-rise-from-the.jpg', 'article_date' => '2022-11-11 17:08:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16290', 'article_category_id' => '1', 'title' => 'World Travel Market in UK will Help Revitalize Nepal's Tourism: NTB', 'sub_title' => '', 'summary' => 'November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">November 11: The Nepal Tourism Board insists that the World Travel Market (WTM) programme held in London will be helpful in the revival of Nepal’s tourism sector. The board said that the event, considered to be the world's largest tourism fair, will help the private sector in renewing old business contacts and expanding new contacts in tourism.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhananjay Regmi, chief executive officer of the Nepal Tourism Board, said that Nepal's participation in the fair organized after the Covid-19 pandemic is beneficial for the tourism sector. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">"Nepal has been participating in various tourism promotion programmes organized at the international level after the Covid-19," said Regmi, adding that this will help in promoting tourism in post-Covid Nepal in many ways.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">WTM was attended by all types of international tourism organizations, ministries of tourism, travel agents, tour operators, hoteliers, travel tech companies, airliners, adventure sports companies, etc. Also, bloggers, tourism market consultants and tourism experts exhibited their products at the WTM.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Likewise, Nepal’s stall at the WTM was visited by tourism professionals, marketing consultants, media, tour operators and others from different countries, including the UK. British mountaineers and adventurers Sir Chris Bonington and Alan Hicks recalled their climbing experience in Nepal and urged all the British people to visit Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">More than 100 British travel and tour operators and British climbers participated in the event. A total of 24 travel and tourism-related companies from Nepal participated at the WTM under the leadership of the Nepal Tourism Board. Nepal’s stall at the WTM was inaugurated on Monday by the Nepalese ambassador to the UK, Gyan Chandra Acharya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16031', 'image' => '20221111043446_tournba.jpg', 'article_date' => '2022-11-11 16:34:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16289', 'article_category_id' => '1', 'title' => 'Suspension of Share Transaction of Merging Companies to Remain in Force for 15 Days', 'sub_title' => '', 'summary' => 'November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">November 11: The problems in the secondary market related to share transactions of companies opting for merger or acquisition has come finally to an end. The months-long suspension of share transactions of companies opting for merger or acquisition has come to an end after the Securities Board of Nepal started implementing the Guidelines for Merger/Acquisition of Organised Institutions 2079 effective from November 10. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the share transactions of 34 companies have been suspended because they are in the process of merger or acquisition.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Since the implementation of the new guidelines, the transactions of shares other than preference share will be allowed in case if a company decides for merger.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new guidelines, such companies need to submit applications to the Nepal Stock Exchange (NEPSE) and Central Depository and Settlement Corporation Limited (CDSC) seeking approval for transaction of shares other than preference shares. Based on the application, NEPSE and CDSC can make arrangements to immediately lift the suspension on share transactions other than preference shares. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Chairman of the Securities Board of Nepal Ramesh Kumar Hamal said that they succeeded in implementing the new guidelines after relentless efforts. According to Hamal, the new guidelines issued so that the shares of the companies would not have to be suspended for a long time.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">As per the new provision, the share transaction of the companies will be suspended for a maximum of 15 after they start integrated transaction following the completion of all the necessary processes of merger or acquisition. </span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Hamal further said that the companies opting for merger or acquisition have to complete the process within six months of signing the agreement. If they fail to complete the merger process, the board members will be held accountable. However, Hamal clarified that the six month deadline will not be applicable for the companies that were in the merger process before the guidelines were implemented.</span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">At present, the maximum number of companies that have initiated the process of merger or acquisition are insurance companies. A total of 16 insurance companies, 8 commercial banks and 10 microfinance companies have initiated the process of merger or acquisition.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16030', 'image' => '20221111042115_20220622042335_share.jpg', 'article_date' => '2022-11-11 16:20:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16288', 'article_category_id' => '1', 'title' => 'EC Issues Directives Regarding Online Dissemination of Election Publicity Materials ', 'sub_title' => '', 'summary' => 'November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 11: The Election Commission (EC) has issued a six-point directive for political parties to publish and disseminate their election publicity materials for the upcoming elections. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election to the member of House of Representatives and Province Assembly is being held on November 20 in a single phase throughout the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">EC spokesperson Shaligram Sharma Poudel said that political parties and the candidates can carry out election canvassing on online media registered with the Department of Information and Broadcasting and enlisted with the Press Council Nepal as per the Election Code of Conduct, 2022. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision, political parties and candidates will be allowed to disseminate visual materials related to their election campaigning through online media for a maximum of one minute. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the political parties can also disseminate election publicity materials on online media of private sector as banner, detailed page banner, box advertisement, roadblock, content block as well as the homepage. However, it should be indicated on the election publicity material that it is paid advertisement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The election publicity material disseminated in this way should not include in it any content that is defamatory to anyone, fake information, misinformation and hate speech. If this type of content is found in the election publicity material, it would be considered a violation of the Election Code of Conduct. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The code of conduct also bars the dissemination of their election publicity materials by parties and candidates on foreign online media. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The political parties and candidates are required to submit to the EC the details of the expenditure while disseminating the election publicity materials through online media and include it in their election expenses details. </span><br /> <strong><span style="font-family:"Arial Unicode MS","sans-serif"">Directive to make polling stations inclusive and disabled-friendly</span></strong> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the EC has issued directives for making the polling stations inclusive and disabled-friendly. It has directed the Chief Election Officer, the Election Officer, Polling Officer and all employees deputed to conduct the election in this regard. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The EC has emphasized on the strict adherence to the 'Gender and Inclusion Policy in Election Management, 2077 BS' and the 'House of Representatives and Province Assembly Member Election (Voting) Guidelines, 2079 BS'. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-11-11', 'modified' => '2022-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '16029', 'image' => '20221111024238_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-11-11 14:42:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
