November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It…
November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming…
November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers.…
November 29: The 14th Handicraft Trade Fair and 12th Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has…
November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The…
November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN).…
November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business…
November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a…
November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend…
November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review…
November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance…
November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the…
November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social…
November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index…
November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000.…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]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' => '4834', 'article_category_id' => '1', 'title' => 'Construction of Selang Khola Hydropower Commences', 'sub_title' => '', 'summary' => 'November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It i', 'content' => '<p style="text-align:justify">November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It is estimated to cost Rs 190.5 million in which the company will be investing Rs 63 million and remaining amount of Rs 127.5 million will be financed by Sanima Bank," said Mithun Poudel, Managing Director of the company.</p> <p style="text-align:justify">According to the company, the water of Selang river will be sent to the power station through constructing 12 meter long dam, 300 meter long tunnel and 1250 meters long penstock pipe. The company plans to generate 990KW electricity by pouring 440 litres of water from 270 meters of height. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4664', 'image' => '20161129015027_selang.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4833', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Issue 10:4 Right Shares', 'sub_title' => '', 'summary' => 'November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 1', 'content' => '<p style="text-align: justify;">November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 15th AGM which is going to be held on December 23.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4663', 'image' => '20161129011620_prabhu bank.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4832', 'article_category_id' => '1', 'title' => 'Shivam Cement Starts Van Services', 'sub_title' => '', 'summary' => 'November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. ', 'content' => '<p style="text-align: justify;">November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. </p> <p style="text-align: justify;">The company informed that the van services has been started in a bid to provide technical knowledge about quality and use of construction materials including cement and help the customers on construction work. The technical team will consist of engineers from Nepal and India. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4662', 'image' => '20161129122644_shivam.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4831', 'article_category_id' => '1', 'title' => 'Handicraft Festival Yields Rs 10 million on 4th day', 'sub_title' => '', 'summary' => 'November 29: The 14th Handicraft Trade Fair and 12th Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has ', 'content' => '<p style="text-align: justify;">November 29: The 14<sup>th</sup> Handicraft Trade Fair and 12<sup>th</sup> Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has been visited by nearly 28,000 visitors on its fourth day. According to the organiser, the trade fair has fetched more than Rs 14.5 million worth of financial transactions directly or indirectly on the fourth day.</p> <p style="text-align: justify;">Along with it, the trade fair is visited by nearly 120,000 visitors while transactions worth Rs 80 million have been conducted till date. The fair which is being organised with an objective of promoting handicraft items have 176 stalls with 7 pavilions. The fair is being participated by exhibitors of Bangladesh, Pakistan, Tibet and Bhutan.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4661', 'image' => '20161129121419_handicraft.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4830', 'article_category_id' => '1', 'title' => 'Shalimar Unveils Three New Products', 'sub_title' => '', 'summary' => 'November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The compan', 'content' => '<p style="text-align: justify;">November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The company claims that the unveiled paints are glass free, dirt-dust resistance, durable and have less volatile organic compound. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4660', 'image' => '20161129115732_shalimar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4829', 'article_category_id' => '1', 'title' => 'Anchor Electricals in Domestic Market', 'sub_title' => '', 'summary' => 'November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). ', 'content' => '<p style="text-align: justify;">November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). </p> <p style="text-align: justify;"><br /> Issuing a press statement, the company informed of producing more than 3000 products including switches and accessories, switchgear, wires-cables and insulation tapes, indoor air quality products and fans and lighting products including Panasonic LED. According to the statement, the company has introduced some of the most advanced technologies of the world in the switchgear, LED lighting and indoor-air quality segment.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4659', 'image' => '20161129112900_anchor.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4828', 'article_category_id' => '1', 'title' => 'QATAR AIRWAYS Launches 'Travel Together, Save Together'', 'sub_title' => '', 'summary' => 'November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.', 'content' => '<p style="text-align: justify;">November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.</p> <p style="text-align: justify;">Issuing a press statement, the airways informed that travellers flying in groups of three to nine can take advantage of a number of amazing deals, to some of the world’s most popular travel destinations, when booking between 28 November and 5 December 2016 for travel until 15 June 2017.</p> <p style="text-align: justify;">According to the statement, travellers can enjoy double Qmiles on flight purchases. Moreover, travellers booking online will also receive Qatar Duty Free shopping vouchers offering up to 25 per cent off purchases made at Qatar Duty Free retail outlets at Hamad International Airport. However, the airlines clarified that certain terms and conditions will be applied in the schemes for which customers would have to visit qatarairways.com/travel together at the time of booking for more information.</p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4658', 'image' => '20161129111349_qatar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4827', 'article_category_id' => '1', 'title' => 'NEPSE Rebounds on Ease Margin Trading Rumour', 'sub_title' => '', 'summary' => 'November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a ', 'content' => '<p style="text-align:justify">November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a downfall since last three weeks is showing a negative trend due to the lower confidence among the investors. However, the rumour of extending the limit of margin lending to 70 per cent raises the market after interval. According to a broker, investors wait for positive news in such bearish market. Thus the statement published by NEPSE on previous day and the rumour of margin lending did boost the investors' confidence, he said. </p> <p style="text-align:justify"><br /> The market which was down falling since some time showed a correction on the day. The investors got some confidence on the assurance given by related authorities on the stability of the market, said a share broker. The market was on selling pressure due to the anxious investors. However, as per the share broker, share purchasing pressure is also gradually increasing in the secondary market. On Monday, NEPSE index climbs 2.77 per cent or 40.68 points to close at 1,510.16 points. </p> <p style="text-align:justify"><br /> On Monday, all sub-indices apart from Manufacturing and processing bounced back. The overall NEPSE index rose with the backing of increased banking and hotel sub-indices. The market witnessed 6,677 transactions of 1.38 million shares worth of Rs 1.09 billion. Similarly, the total market capitalisation reached Rs 1680 billion on Monday. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4657', 'image' => '20161129104242_nepse.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4826', 'article_category_id' => '1', 'title' => 'Investment in Productive Industries Declining', 'sub_title' => '', 'summary' => 'November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend ', 'content' => '<p style="text-align:justify">November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend in the number and investment in the industrial sector. According to the department, a total of Rs 5.17 billion investment were approved on 49 industries including 11 large, medium 17 and 21 small productive industries during the first quarter of the last FY. However, a total of Rs 4.77 billion investment has been approved on 44 industries including 15 large, 14 medium and 15 small industries in the same period of the current FY.</p> <p style="text-align:justify">Earlier, the government, in its 14<sup>th</sup> Periodic Plan, announced to increase the overall industrial sector by 10.6 per cent while of the productive industries by 6.1 per cent within the next three years. Yet, the government's failure in providing special priority to the sector challenges the investment target.</p> <p style="text-align:justify">"Industrial sector has not been able to attract the investment due to the lack of fundamental groundwork required for the operation of productive industries," said Hari Bhakta Sharma, President of Confederation of Nepalese Industries (CNI). "Industries cannot run without feasible policies, power management and construction of infrastructure. Business environment should be made favourable in order to attract investment so that to generate employments and balance the trade of the nation. For that, not only private sector but political parties, government and local people need to contribute equally," he added.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4656', 'image' => '20161128040721_ministry of industries.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4825', 'article_category_id' => '1', 'title' => 'Revenue Collection Increases 67 %', 'sub_title' => '', 'summary' => 'November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.', 'content' => '<p style="text-align: justify;">November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.</p> <p style="text-align: justify;">According to the NRB statistics, the VAT collection which sunk by 16.4 per cent during the first quarter of the last FY has increased by 60.1 per cent in the first three months of the current FY. In the first quarter of the current FY, a total of Rs 37.74 billion VAT was collected which is 29.7 per cent of the total revenue. As per the details, a total of Rs 27.56 billion custom charge was collected. Similarly, the vehicle tax that decreased by 37.9 per cent during the last FY increased by 66.5 per cent during this current FY.</p> <p style="text-align: justify;">Meanwhile, the government expenses increased by 92.7 per cent to Rs 95.16 billion in the first quarter of the current FY. The expenses had decreased by 10.6 per cent during the first quarter of the last FY. In the review period, the current expenses of the government reached Rs 86.79 billion from Rs 41.7 billion of the last FY. The government expenditure increased due to the raise made in employees' salary and social security allowances by the government through the budget speech.</p> <p style="text-align: justify;">Similarly, capital expenditure of the government has amounted to Rs 7.21 billion in the review period. During the last FY, such expenditure was Rs 2.87 billion. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4655', 'image' => '20161128023201_revenu.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4824', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOOM and BOKL', 'sub_title' => '', 'summary' => 'November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance an', 'content' => '<p style="text-align: justify;">November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Ritesh Lamichhane, Chief of Research, Product Development and Marketing Department of BOKL signed the agreement on behalf of their respective organisations on November 27.</p> <p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of BOKL. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4654', 'image' => '20161128120837_boom and bokl.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '4834', 'article_category_id' => '1', 'title' => 'Construction of Selang Khola Hydropower Commences', 'sub_title' => '', 'summary' => 'November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It i', 'content' => '<p style="text-align:justify">November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It is estimated to cost Rs 190.5 million in which the company will be investing Rs 63 million and remaining amount of Rs 127.5 million will be financed by Sanima Bank," said Mithun Poudel, Managing Director of the company.</p> <p style="text-align:justify">According to the company, the water of Selang river will be sent to the power station through constructing 12 meter long dam, 300 meter long tunnel and 1250 meters long penstock pipe. The company plans to generate 990KW electricity by pouring 440 litres of water from 270 meters of height. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4664', 'image' => '20161129015027_selang.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4833', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Issue 10:4 Right Shares', 'sub_title' => '', 'summary' => 'November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 1', 'content' => '<p style="text-align: justify;">November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 15th AGM which is going to be held on December 23.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4663', 'image' => '20161129011620_prabhu bank.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4832', 'article_category_id' => '1', 'title' => 'Shivam Cement Starts Van Services', 'sub_title' => '', 'summary' => 'November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. ', 'content' => '<p style="text-align: justify;">November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. </p> <p style="text-align: justify;">The company informed that the van services has been started in a bid to provide technical knowledge about quality and use of construction materials including cement and help the customers on construction work. The technical team will consist of engineers from Nepal and India. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4662', 'image' => '20161129122644_shivam.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4831', 'article_category_id' => '1', 'title' => 'Handicraft Festival Yields Rs 10 million on 4th day', 'sub_title' => '', 'summary' => 'November 29: The 14th Handicraft Trade Fair and 12th Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has ', 'content' => '<p style="text-align: justify;">November 29: The 14<sup>th</sup> Handicraft Trade Fair and 12<sup>th</sup> Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has been visited by nearly 28,000 visitors on its fourth day. According to the organiser, the trade fair has fetched more than Rs 14.5 million worth of financial transactions directly or indirectly on the fourth day.</p> <p style="text-align: justify;">Along with it, the trade fair is visited by nearly 120,000 visitors while transactions worth Rs 80 million have been conducted till date. The fair which is being organised with an objective of promoting handicraft items have 176 stalls with 7 pavilions. The fair is being participated by exhibitors of Bangladesh, Pakistan, Tibet and Bhutan.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4661', 'image' => '20161129121419_handicraft.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4830', 'article_category_id' => '1', 'title' => 'Shalimar Unveils Three New Products', 'sub_title' => '', 'summary' => 'November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The compan', 'content' => '<p style="text-align: justify;">November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The company claims that the unveiled paints are glass free, dirt-dust resistance, durable and have less volatile organic compound. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4660', 'image' => '20161129115732_shalimar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4829', 'article_category_id' => '1', 'title' => 'Anchor Electricals in Domestic Market', 'sub_title' => '', 'summary' => 'November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). ', 'content' => '<p style="text-align: justify;">November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). </p> <p style="text-align: justify;"><br /> Issuing a press statement, the company informed of producing more than 3000 products including switches and accessories, switchgear, wires-cables and insulation tapes, indoor air quality products and fans and lighting products including Panasonic LED. According to the statement, the company has introduced some of the most advanced technologies of the world in the switchgear, LED lighting and indoor-air quality segment.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4659', 'image' => '20161129112900_anchor.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4828', 'article_category_id' => '1', 'title' => 'QATAR AIRWAYS Launches 'Travel Together, Save Together'', 'sub_title' => '', 'summary' => 'November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.', 'content' => '<p style="text-align: justify;">November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.</p> <p style="text-align: justify;">Issuing a press statement, the airways informed that travellers flying in groups of three to nine can take advantage of a number of amazing deals, to some of the world’s most popular travel destinations, when booking between 28 November and 5 December 2016 for travel until 15 June 2017.</p> <p style="text-align: justify;">According to the statement, travellers can enjoy double Qmiles on flight purchases. Moreover, travellers booking online will also receive Qatar Duty Free shopping vouchers offering up to 25 per cent off purchases made at Qatar Duty Free retail outlets at Hamad International Airport. However, the airlines clarified that certain terms and conditions will be applied in the schemes for which customers would have to visit qatarairways.com/travel together at the time of booking for more information.</p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4658', 'image' => '20161129111349_qatar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4827', 'article_category_id' => '1', 'title' => 'NEPSE Rebounds on Ease Margin Trading Rumour', 'sub_title' => '', 'summary' => 'November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a ', 'content' => '<p style="text-align:justify">November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a downfall since last three weeks is showing a negative trend due to the lower confidence among the investors. However, the rumour of extending the limit of margin lending to 70 per cent raises the market after interval. According to a broker, investors wait for positive news in such bearish market. Thus the statement published by NEPSE on previous day and the rumour of margin lending did boost the investors' confidence, he said. </p> <p style="text-align:justify"><br /> The market which was down falling since some time showed a correction on the day. The investors got some confidence on the assurance given by related authorities on the stability of the market, said a share broker. The market was on selling pressure due to the anxious investors. However, as per the share broker, share purchasing pressure is also gradually increasing in the secondary market. On Monday, NEPSE index climbs 2.77 per cent or 40.68 points to close at 1,510.16 points. </p> <p style="text-align:justify"><br /> On Monday, all sub-indices apart from Manufacturing and processing bounced back. The overall NEPSE index rose with the backing of increased banking and hotel sub-indices. The market witnessed 6,677 transactions of 1.38 million shares worth of Rs 1.09 billion. Similarly, the total market capitalisation reached Rs 1680 billion on Monday. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4657', 'image' => '20161129104242_nepse.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4826', 'article_category_id' => '1', 'title' => 'Investment in Productive Industries Declining', 'sub_title' => '', 'summary' => 'November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend ', 'content' => '<p style="text-align:justify">November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend in the number and investment in the industrial sector. According to the department, a total of Rs 5.17 billion investment were approved on 49 industries including 11 large, medium 17 and 21 small productive industries during the first quarter of the last FY. However, a total of Rs 4.77 billion investment has been approved on 44 industries including 15 large, 14 medium and 15 small industries in the same period of the current FY.</p> <p style="text-align:justify">Earlier, the government, in its 14<sup>th</sup> Periodic Plan, announced to increase the overall industrial sector by 10.6 per cent while of the productive industries by 6.1 per cent within the next three years. Yet, the government's failure in providing special priority to the sector challenges the investment target.</p> <p style="text-align:justify">"Industrial sector has not been able to attract the investment due to the lack of fundamental groundwork required for the operation of productive industries," said Hari Bhakta Sharma, President of Confederation of Nepalese Industries (CNI). "Industries cannot run without feasible policies, power management and construction of infrastructure. Business environment should be made favourable in order to attract investment so that to generate employments and balance the trade of the nation. For that, not only private sector but political parties, government and local people need to contribute equally," he added.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4656', 'image' => '20161128040721_ministry of industries.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4825', 'article_category_id' => '1', 'title' => 'Revenue Collection Increases 67 %', 'sub_title' => '', 'summary' => 'November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.', 'content' => '<p style="text-align: justify;">November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.</p> <p style="text-align: justify;">According to the NRB statistics, the VAT collection which sunk by 16.4 per cent during the first quarter of the last FY has increased by 60.1 per cent in the first three months of the current FY. In the first quarter of the current FY, a total of Rs 37.74 billion VAT was collected which is 29.7 per cent of the total revenue. As per the details, a total of Rs 27.56 billion custom charge was collected. Similarly, the vehicle tax that decreased by 37.9 per cent during the last FY increased by 66.5 per cent during this current FY.</p> <p style="text-align: justify;">Meanwhile, the government expenses increased by 92.7 per cent to Rs 95.16 billion in the first quarter of the current FY. The expenses had decreased by 10.6 per cent during the first quarter of the last FY. In the review period, the current expenses of the government reached Rs 86.79 billion from Rs 41.7 billion of the last FY. The government expenditure increased due to the raise made in employees' salary and social security allowances by the government through the budget speech.</p> <p style="text-align: justify;">Similarly, capital expenditure of the government has amounted to Rs 7.21 billion in the review period. During the last FY, such expenditure was Rs 2.87 billion. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4655', 'image' => '20161128023201_revenu.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4824', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOOM and BOKL', 'sub_title' => '', 'summary' => 'November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance an', 'content' => '<p style="text-align: justify;">November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Ritesh Lamichhane, Chief of Research, Product Development and Marketing Department of BOKL signed the agreement on behalf of their respective organisations on November 27.</p> <p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of BOKL. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4654', 'image' => '20161128120837_boom and bokl.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '4834', 'article_category_id' => '1', 'title' => 'Construction of Selang Khola Hydropower Commences', 'sub_title' => '', 'summary' => 'November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It i', 'content' => '<p style="text-align:justify">November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It is estimated to cost Rs 190.5 million in which the company will be investing Rs 63 million and remaining amount of Rs 127.5 million will be financed by Sanima Bank," said Mithun Poudel, Managing Director of the company.</p> <p style="text-align:justify">According to the company, the water of Selang river will be sent to the power station through constructing 12 meter long dam, 300 meter long tunnel and 1250 meters long penstock pipe. The company plans to generate 990KW electricity by pouring 440 litres of water from 270 meters of height. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4664', 'image' => '20161129015027_selang.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4833', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Issue 10:4 Right Shares', 'sub_title' => '', 'summary' => 'November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 1', 'content' => '<p style="text-align: justify;">November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 15th AGM which is going to be held on December 23.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4663', 'image' => '20161129011620_prabhu bank.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4832', 'article_category_id' => '1', 'title' => 'Shivam Cement Starts Van Services', 'sub_title' => '', 'summary' => 'November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. ', 'content' => '<p style="text-align: justify;">November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. </p> <p style="text-align: justify;">The company informed that the van services has been started in a bid to provide technical knowledge about quality and use of construction materials including cement and help the customers on construction work. The technical team will consist of engineers from Nepal and India. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4662', 'image' => '20161129122644_shivam.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4831', 'article_category_id' => '1', 'title' => 'Handicraft Festival Yields Rs 10 million on 4th day', 'sub_title' => '', 'summary' => 'November 29: The 14th Handicraft Trade Fair and 12th Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has ', 'content' => '<p style="text-align: justify;">November 29: The 14<sup>th</sup> Handicraft Trade Fair and 12<sup>th</sup> Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has been visited by nearly 28,000 visitors on its fourth day. According to the organiser, the trade fair has fetched more than Rs 14.5 million worth of financial transactions directly or indirectly on the fourth day.</p> <p style="text-align: justify;">Along with it, the trade fair is visited by nearly 120,000 visitors while transactions worth Rs 80 million have been conducted till date. The fair which is being organised with an objective of promoting handicraft items have 176 stalls with 7 pavilions. The fair is being participated by exhibitors of Bangladesh, Pakistan, Tibet and Bhutan.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4661', 'image' => '20161129121419_handicraft.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4830', 'article_category_id' => '1', 'title' => 'Shalimar Unveils Three New Products', 'sub_title' => '', 'summary' => 'November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The compan', 'content' => '<p style="text-align: justify;">November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The company claims that the unveiled paints are glass free, dirt-dust resistance, durable and have less volatile organic compound. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4660', 'image' => '20161129115732_shalimar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4829', 'article_category_id' => '1', 'title' => 'Anchor Electricals in Domestic Market', 'sub_title' => '', 'summary' => 'November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). ', 'content' => '<p style="text-align: justify;">November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). </p> <p style="text-align: justify;"><br /> Issuing a press statement, the company informed of producing more than 3000 products including switches and accessories, switchgear, wires-cables and insulation tapes, indoor air quality products and fans and lighting products including Panasonic LED. According to the statement, the company has introduced some of the most advanced technologies of the world in the switchgear, LED lighting and indoor-air quality segment.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4659', 'image' => '20161129112900_anchor.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4828', 'article_category_id' => '1', 'title' => 'QATAR AIRWAYS Launches 'Travel Together, Save Together'', 'sub_title' => '', 'summary' => 'November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.', 'content' => '<p style="text-align: justify;">November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.</p> <p style="text-align: justify;">Issuing a press statement, the airways informed that travellers flying in groups of three to nine can take advantage of a number of amazing deals, to some of the world’s most popular travel destinations, when booking between 28 November and 5 December 2016 for travel until 15 June 2017.</p> <p style="text-align: justify;">According to the statement, travellers can enjoy double Qmiles on flight purchases. Moreover, travellers booking online will also receive Qatar Duty Free shopping vouchers offering up to 25 per cent off purchases made at Qatar Duty Free retail outlets at Hamad International Airport. However, the airlines clarified that certain terms and conditions will be applied in the schemes for which customers would have to visit qatarairways.com/travel together at the time of booking for more information.</p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4658', 'image' => '20161129111349_qatar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4827', 'article_category_id' => '1', 'title' => 'NEPSE Rebounds on Ease Margin Trading Rumour', 'sub_title' => '', 'summary' => 'November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a ', 'content' => '<p style="text-align:justify">November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a downfall since last three weeks is showing a negative trend due to the lower confidence among the investors. However, the rumour of extending the limit of margin lending to 70 per cent raises the market after interval. According to a broker, investors wait for positive news in such bearish market. Thus the statement published by NEPSE on previous day and the rumour of margin lending did boost the investors' confidence, he said. </p> <p style="text-align:justify"><br /> The market which was down falling since some time showed a correction on the day. The investors got some confidence on the assurance given by related authorities on the stability of the market, said a share broker. The market was on selling pressure due to the anxious investors. However, as per the share broker, share purchasing pressure is also gradually increasing in the secondary market. On Monday, NEPSE index climbs 2.77 per cent or 40.68 points to close at 1,510.16 points. </p> <p style="text-align:justify"><br /> On Monday, all sub-indices apart from Manufacturing and processing bounced back. The overall NEPSE index rose with the backing of increased banking and hotel sub-indices. The market witnessed 6,677 transactions of 1.38 million shares worth of Rs 1.09 billion. Similarly, the total market capitalisation reached Rs 1680 billion on Monday. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4657', 'image' => '20161129104242_nepse.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4826', 'article_category_id' => '1', 'title' => 'Investment in Productive Industries Declining', 'sub_title' => '', 'summary' => 'November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend ', 'content' => '<p style="text-align:justify">November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend in the number and investment in the industrial sector. According to the department, a total of Rs 5.17 billion investment were approved on 49 industries including 11 large, medium 17 and 21 small productive industries during the first quarter of the last FY. However, a total of Rs 4.77 billion investment has been approved on 44 industries including 15 large, 14 medium and 15 small industries in the same period of the current FY.</p> <p style="text-align:justify">Earlier, the government, in its 14<sup>th</sup> Periodic Plan, announced to increase the overall industrial sector by 10.6 per cent while of the productive industries by 6.1 per cent within the next three years. Yet, the government's failure in providing special priority to the sector challenges the investment target.</p> <p style="text-align:justify">"Industrial sector has not been able to attract the investment due to the lack of fundamental groundwork required for the operation of productive industries," said Hari Bhakta Sharma, President of Confederation of Nepalese Industries (CNI). "Industries cannot run without feasible policies, power management and construction of infrastructure. Business environment should be made favourable in order to attract investment so that to generate employments and balance the trade of the nation. For that, not only private sector but political parties, government and local people need to contribute equally," he added.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4656', 'image' => '20161128040721_ministry of industries.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4825', 'article_category_id' => '1', 'title' => 'Revenue Collection Increases 67 %', 'sub_title' => '', 'summary' => 'November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.', 'content' => '<p style="text-align: justify;">November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.</p> <p style="text-align: justify;">According to the NRB statistics, the VAT collection which sunk by 16.4 per cent during the first quarter of the last FY has increased by 60.1 per cent in the first three months of the current FY. In the first quarter of the current FY, a total of Rs 37.74 billion VAT was collected which is 29.7 per cent of the total revenue. As per the details, a total of Rs 27.56 billion custom charge was collected. Similarly, the vehicle tax that decreased by 37.9 per cent during the last FY increased by 66.5 per cent during this current FY.</p> <p style="text-align: justify;">Meanwhile, the government expenses increased by 92.7 per cent to Rs 95.16 billion in the first quarter of the current FY. The expenses had decreased by 10.6 per cent during the first quarter of the last FY. In the review period, the current expenses of the government reached Rs 86.79 billion from Rs 41.7 billion of the last FY. The government expenditure increased due to the raise made in employees' salary and social security allowances by the government through the budget speech.</p> <p style="text-align: justify;">Similarly, capital expenditure of the government has amounted to Rs 7.21 billion in the review period. During the last FY, such expenditure was Rs 2.87 billion. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4655', 'image' => '20161128023201_revenu.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4824', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOOM and BOKL', 'sub_title' => '', 'summary' => 'November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance an', 'content' => '<p style="text-align: justify;">November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Ritesh Lamichhane, Chief of Research, Product Development and Marketing Department of BOKL signed the agreement on behalf of their respective organisations on November 27.</p> <p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of BOKL. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4654', 'image' => '20161128120837_boom and bokl.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4834', 'article_category_id' => '1', 'title' => 'Construction of Selang Khola Hydropower Commences', 'sub_title' => '', 'summary' => 'November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It i', 'content' => '<p style="text-align:justify">November 29: The construction of Selang Hydropower project located at Selang river on Sindhupalchowk has commenced with a target to conclude the project by January 2018. After the conclusion of the project, it will be generating 990MW electricity. The project is being developed by Rising Hydropower Company. "It is estimated to cost Rs 190.5 million in which the company will be investing Rs 63 million and remaining amount of Rs 127.5 million will be financed by Sanima Bank," said Mithun Poudel, Managing Director of the company.</p> <p style="text-align:justify">According to the company, the water of Selang river will be sent to the power station through constructing 12 meter long dam, 300 meter long tunnel and 1250 meters long penstock pipe. The company plans to generate 990KW electricity by pouring 440 litres of water from 270 meters of height. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4664', 'image' => '20161129015027_selang.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4833', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Issue 10:4 Right Shares', 'sub_title' => '', 'summary' => 'November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 1', 'content' => '<p style="text-align: justify;">November 29: Prabhu Bank is issuing 10:4 right shares to its existing shareholders. The 75th board of directors (BOD) meeting of the bank held on November 24 has decided to issue rights shares in the proportion of 10:4 to their shareholders. According to the bank, the proposal is subjected to the approval from its upcoming 15th AGM which is going to be held on December 23.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4663', 'image' => '20161129011620_prabhu bank.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4832', 'article_category_id' => '1', 'title' => 'Shivam Cement Starts Van Services', 'sub_title' => '', 'summary' => 'November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. ', 'content' => '<p style="text-align: justify;">November 29: Shivam Cement has started van services along with technicians in order to provide free consultation and awareness to the customers. </p> <p style="text-align: justify;">The company informed that the van services has been started in a bid to provide technical knowledge about quality and use of construction materials including cement and help the customers on construction work. The technical team will consist of engineers from Nepal and India. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4662', 'image' => '20161129122644_shivam.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4831', 'article_category_id' => '1', 'title' => 'Handicraft Festival Yields Rs 10 million on 4th day', 'sub_title' => '', 'summary' => 'November 29: The 14th Handicraft Trade Fair and 12th Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has ', 'content' => '<p style="text-align: justify;">November 29: The 14<sup>th</sup> Handicraft Trade Fair and 12<sup>th</sup> Craft Competition organised by Federation of Handicraft Associations of Nepal (FHAN) at Bhrikutimandap, Kathmandu has been visited by nearly 28,000 visitors on its fourth day. According to the organiser, the trade fair has fetched more than Rs 14.5 million worth of financial transactions directly or indirectly on the fourth day.</p> <p style="text-align: justify;">Along with it, the trade fair is visited by nearly 120,000 visitors while transactions worth Rs 80 million have been conducted till date. The fair which is being organised with an objective of promoting handicraft items have 176 stalls with 7 pavilions. The fair is being participated by exhibitors of Bangladesh, Pakistan, Tibet and Bhutan.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4661', 'image' => '20161129121419_handicraft.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4830', 'article_category_id' => '1', 'title' => 'Shalimar Unveils Three New Products', 'sub_title' => '', 'summary' => 'November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The compan', 'content' => '<p style="text-align: justify;">November 29: Colour Collection and Creation International, the authorised distributor of Shalimar Paints for Nepal has unveiled three new paints in the Nepali market. The company, organising a program at Sauraha of Chitwan, unveiled three types of interior emulsion and exterior emulsion paints. The company claims that the unveiled paints are glass free, dirt-dust resistance, durable and have less volatile organic compound. </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4660', 'image' => '20161129115732_shalimar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4829', 'article_category_id' => '1', 'title' => 'Anchor Electricals in Domestic Market', 'sub_title' => '', 'summary' => 'November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). ', 'content' => '<p style="text-align: justify;">November 29: Anchor Electricals, a Panasonic group company has started catering its products in the Nepali Market. The company also participated in the 'Electro-Tech 2016' held at the Bhrikuti Mandap Exhibition Hall organized by Federation of Electrical Entrepreneurs of Nepal (FEEN). </p> <p style="text-align: justify;"><br /> Issuing a press statement, the company informed of producing more than 3000 products including switches and accessories, switchgear, wires-cables and insulation tapes, indoor air quality products and fans and lighting products including Panasonic LED. According to the statement, the company has introduced some of the most advanced technologies of the world in the switchgear, LED lighting and indoor-air quality segment.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4659', 'image' => '20161129112900_anchor.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4828', 'article_category_id' => '1', 'title' => 'QATAR AIRWAYS Launches 'Travel Together, Save Together'', 'sub_title' => '', 'summary' => 'November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.', 'content' => '<p style="text-align: justify;">November 29: QATAR AIRWAYS has launched 'Travel Together, Save Together' campaign under which the airlines will be providing 30% per cent discount on the first class and business cabins.</p> <p style="text-align: justify;">Issuing a press statement, the airways informed that travellers flying in groups of three to nine can take advantage of a number of amazing deals, to some of the world’s most popular travel destinations, when booking between 28 November and 5 December 2016 for travel until 15 June 2017.</p> <p style="text-align: justify;">According to the statement, travellers can enjoy double Qmiles on flight purchases. Moreover, travellers booking online will also receive Qatar Duty Free shopping vouchers offering up to 25 per cent off purchases made at Qatar Duty Free retail outlets at Hamad International Airport. However, the airlines clarified that certain terms and conditions will be applied in the schemes for which customers would have to visit qatarairways.com/travel together at the time of booking for more information.</p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4658', 'image' => '20161129111349_qatar.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4827', 'article_category_id' => '1', 'title' => 'NEPSE Rebounds on Ease Margin Trading Rumour', 'sub_title' => '', 'summary' => 'November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a ', 'content' => '<p style="text-align:justify">November 29: On the second trading day of the week, NEPSE index has shown some correction. The country's sole secondary market which was on bearish trend for first two hours of trading later took a pace after getting support on 1,404 points. On Monday, during the first 35 minutes of trading, the market declined by 3 per cent resulting a circuit break. The day also saw its second circuit break immediately after one hour. The market which was on a downfall since last three weeks is showing a negative trend due to the lower confidence among the investors. However, the rumour of extending the limit of margin lending to 70 per cent raises the market after interval. According to a broker, investors wait for positive news in such bearish market. Thus the statement published by NEPSE on previous day and the rumour of margin lending did boost the investors' confidence, he said. </p> <p style="text-align:justify"><br /> The market which was down falling since some time showed a correction on the day. The investors got some confidence on the assurance given by related authorities on the stability of the market, said a share broker. The market was on selling pressure due to the anxious investors. However, as per the share broker, share purchasing pressure is also gradually increasing in the secondary market. On Monday, NEPSE index climbs 2.77 per cent or 40.68 points to close at 1,510.16 points. </p> <p style="text-align:justify"><br /> On Monday, all sub-indices apart from Manufacturing and processing bounced back. The overall NEPSE index rose with the backing of increased banking and hotel sub-indices. The market witnessed 6,677 transactions of 1.38 million shares worth of Rs 1.09 billion. Similarly, the total market capitalisation reached Rs 1680 billion on Monday. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-29', 'modified' => '2016-11-29', 'keywords' => '', 'description' => '', 'sortorder' => '4657', 'image' => '20161129104242_nepse.jpg', 'article_date' => '2016-11-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4826', 'article_category_id' => '1', 'title' => 'Investment in Productive Industries Declining', 'sub_title' => '', 'summary' => 'November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend ', 'content' => '<p style="text-align:justify">November 28: The government has announced of increasing productivity of industrial sector, however, investment in the sector is in decreasing trend. The number of productive industries registered in the Industrial Department during the current FY compare to the last FY shows the decreasing trend in the number and investment in the industrial sector. According to the department, a total of Rs 5.17 billion investment were approved on 49 industries including 11 large, medium 17 and 21 small productive industries during the first quarter of the last FY. However, a total of Rs 4.77 billion investment has been approved on 44 industries including 15 large, 14 medium and 15 small industries in the same period of the current FY.</p> <p style="text-align:justify">Earlier, the government, in its 14<sup>th</sup> Periodic Plan, announced to increase the overall industrial sector by 10.6 per cent while of the productive industries by 6.1 per cent within the next three years. Yet, the government's failure in providing special priority to the sector challenges the investment target.</p> <p style="text-align:justify">"Industrial sector has not been able to attract the investment due to the lack of fundamental groundwork required for the operation of productive industries," said Hari Bhakta Sharma, President of Confederation of Nepalese Industries (CNI). "Industries cannot run without feasible policies, power management and construction of infrastructure. Business environment should be made favourable in order to attract investment so that to generate employments and balance the trade of the nation. For that, not only private sector but political parties, government and local people need to contribute equally," he added.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4656', 'image' => '20161128040721_ministry of industries.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4825', 'article_category_id' => '1', 'title' => 'Revenue Collection Increases 67 %', 'sub_title' => '', 'summary' => 'November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.', 'content' => '<p style="text-align: justify;">November 28: The total revenue collection has increased by 66.7 per cent to Rs 126 billion in the first quarter of the current FY. The total revenue had decreased by 10.2 per cent during the first quarter of the last FY. A significant growth in value added tax, custom and excise duty led the revenue collection to the new height during the review period.</p> <p style="text-align: justify;">According to the NRB statistics, the VAT collection which sunk by 16.4 per cent during the first quarter of the last FY has increased by 60.1 per cent in the first three months of the current FY. In the first quarter of the current FY, a total of Rs 37.74 billion VAT was collected which is 29.7 per cent of the total revenue. As per the details, a total of Rs 27.56 billion custom charge was collected. Similarly, the vehicle tax that decreased by 37.9 per cent during the last FY increased by 66.5 per cent during this current FY.</p> <p style="text-align: justify;">Meanwhile, the government expenses increased by 92.7 per cent to Rs 95.16 billion in the first quarter of the current FY. The expenses had decreased by 10.6 per cent during the first quarter of the last FY. In the review period, the current expenses of the government reached Rs 86.79 billion from Rs 41.7 billion of the last FY. The government expenditure increased due to the raise made in employees' salary and social security allowances by the government through the budget speech.</p> <p style="text-align: justify;">Similarly, capital expenditure of the government has amounted to Rs 7.21 billion in the review period. During the last FY, such expenditure was Rs 2.87 billion. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4655', 'image' => '20161128023201_revenu.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4824', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOOM and BOKL', 'sub_title' => '', 'summary' => 'November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance an', 'content' => '<p style="text-align: justify;">November 28: Boom Remittance and Bank of Kathmandu Lumbini has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Ritesh Lamichhane, Chief of Research, Product Development and Marketing Department of BOKL signed the agreement on behalf of their respective organisations on November 27.</p> <p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of BOKL. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4654', 'image' => '20161128120837_boom and bokl.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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
