Government Amends VAT Regulations

Jun 03, 2019 0 1 minutes 19 seconds to read

June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21st…

India Tops the List of FDI Commitment, Followed by China

Jun 03, 2019 0 1 minutes 24 seconds to read

June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to…

Subisu Offers New Price During Cricket World Cup

Jun 03, 2019 0 33 seconds to read

June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive…

Ncell 4G/LTE now Covers over 1,000 Locations Nationwide

Jun 03, 2019 0 2 minutes 12 seconds to read

June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its…

Laxmi Bank’s Cricket World Cup Offer

Jun 03, 2019 0 55 seconds to read

June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform “Ctrl O”.…

Commercial Banks Fail to Meet the Lending Criteria Set by Central Bank

Jun 03, 2019 0 1 minutes 7 seconds to read

June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra…

Market Watch of June 1 (Sunday)

Jun 02, 2019 0 13 minutes 23 seconds to read

market is not able to take neither bearish trend nor bullish trend.…

Students of Silver Mountain School of Hotel Management Unite against Pollution

Jun 02, 2019 0 1 minutes 7 seconds to read

June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June…

Nepali Importers Denied Cargo Tracking Service

Jun 02, 2019 0 1 minutes 35 seconds to read

June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through…

Government Offices in Chitwan not paying Electricity Bills

Jun 02, 2019 0 1 minutes 9 seconds to read

June 2: Several government offices in Chitwan district have failed to pay their electricity bills on…

The British College Organises Job Fair

Jun 02, 2019 0 1 minutes 16 seconds to read

June 2: The British College inaugurated a job fair on the college premises on Friday, May…

Karnali Province Struggling to Spend Development Budget

Jun 02, 2019 0 58 seconds to read

June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end.…

NIBL ties up with HAMS

Jun 02, 2019 0 44 seconds to read

June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their…

Bajaj’s new Showroom in Morang

Jun 02, 2019 0 52 seconds to read

June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of…

Bela Motors Assembling Electric Vehicles in Nepal

May 31, 2019 0 46 seconds to read

May 31: The government’s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the…

< previous668669670671672673674675676next >

No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

. . .
read more »

NEPSE

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		'Article' => array(
			'id' => '10822',
			'article_category_id' => '1',
			'title' => 'Government Amends VAT Regulations',
			'sub_title' => '',
			'summary' => 'June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21st time.',
			'content' => '<p>
	June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21<sup>st</sup>&nbsp;time.&nbsp;The government reportedly amended the regulations to enforce strict rules against import-based companies and contractors.</p>
<p>
	According to the new provision, both the buyer and the seller have to pay 50-50 percent of VAT to the government. So far, only the buyer had been paying VAT amount to the government. &nbsp;</p>
<p>
	According to the amended regulation, public offices as well as other institutions and individuals registered under VAT have to deposit 50 percent of the tax at the concerned government office themselves for any transaction relating to contract agreements or for rendering goods and services. &nbsp;</p>
<p>
	Likewise, the revised provision of VAT restricts the companies to receive full payment for rendering goods and services. The other half of the 50 percent tax which the party winning the contract (promisee) is eligible to pay to the government has to be paid by the party issuing the contract (promisor).</p>
<p>
	The officials at the Inland Revenue Department informed that the government imposed the new rules after finding that the contactors failed to pay the VAT amount even after completion of the projects.</p>
<p>
	One of the officials from the department informed New Business Age that the new provision of VAT is not for all taxpayers but only for goods and service providers.</p>
<p>
	He added that the department is issuing a public notice shortly to announce the new provision of VAT. &nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
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		'Article' => array(
			'id' => '10821',
			'article_category_id' => '1',
			'title' => 'India Tops the List of FDI Commitment, Followed by China',
			'sub_title' => '',
			'summary' => 'June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal.',
			'content' => '<p>
	June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal. India has committed a total of Rs 93.70 billion investment in Nepal since the 1990s till mid-May of the current fiscal year.</p>
<p>
	Similarly, another neighboring country, China is hot on the heels of India with commitment of Rs 83.67 FDI to Nepal.</p>
<p>
	According to a report prepared by Nepal Rastra Bank, the first official record of FDI flow to Nepal was in 1951/52 when the Nepal Commercial Corporation was set up as a joint venture with 67 percent equity participation from Indian investors. According to the central bank, there were few cases of foreign investment and technology transfer prior to 1980.</p>
<p>
	Likewise, Nepal started getting foreign investment from China only after 1990.</p>
<p>
	The government has categorized eight different sectors for foreign investment in the country. Among them, construction, production, energy and service sectors get more investment commitment from India. Similarly, China leads the list of countries committing investment in sectors like quarrying, tourism, information technology and agriculture and forestry.</p>
<p>
	Due to the keen interest in hydropower sector of the country by both India and China, it is hard to say which country will be the major investor in Nepal as a single project in this sector receives huge investment.</p>
<p>
	According to the Investment Board of Nepal, a single hydropower project with capacity more than 50 megawatts can fetch over Rs 10 billion investment. In the recent years, China seems keen on investment in hydropower projects in Nepal due to which the country overtake India in the list of chief investor.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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		'Article' => array(
			'id' => '10820',
			'article_category_id' => '266',
			'title' => 'Subisu Offers New Price During Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.',
			'content' => '<p>
	June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.</p>
<p>
	According to the company, its customers can watch 245 digital channels with 50 HD channels at just Rs 258. Furthermore, customers can enjoy 25 Mbps FTTH Internet and 245 digital channels including 50 HD channels at just Rs 1216.</p>
<p>
	To avail the service at above mentioned prices, customers have to pay an advance of one year. The prices mentioned do not include VAT.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'modified' => '2019-06-03',
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			'description' => '',
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		'Article' => array(
			'id' => '10819',
			'article_category_id' => '1',
			'title' => 'Ncell 4G/LTE now Covers over 1,000 Locations Nationwide',
			'sub_title' => '',
			'summary' => 'June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.',
			'content' => '<p>
	June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.</p>
<p>
	Ncell made the announcement on Sunday, June 2, stating that it has expanded the 4G network coverage, connecting all 7 Provinces and making the service available to people living in over 1,000 locations nationwide. Most of the cities and locations beyond the urban centres will also benefit from mobility access to modern high-speed connectivity now, the company said in a statement.</p>
<p>
	&ldquo;We are delighted to announce the successful and ongoing extension of our 4G connectivity across the nation to including areas beyond cities, ensuring access to modern mobile broadband connectivity to all our customers,&rdquo; said Andy Chong, acting CEO of Ncell. &ldquo;We are confident Ncell&rsquo;s 4G network will contribute towards the Government&rsquo;s Digital Nepal Framework as announced in the budget for the next fiscal year and is aligned with the National Broadband Policy which focuses on broadband infrastructure and increasing access to high-speed internet services.&rdquo;</p>
<p>
	All Ncell customers possessing 4G SIM (U-SIM) and using a 4G compatible handset can use the 4G service which offers better bandwidth and lower latency, enabling customers to use applications seamlessly on mobile devices, provide real-time sharing of large files and media streaming, including immediate delivery of time-sensitive data.</p>
<p>
	Ncell had launched 4G service two years ago on June 1, 2017, from the Kathmandu Valley covering areas nearby like Nagarkot, Banepa and Dhulikhel. The service coverage which was available in 21 cities since 2018 has now been made accessible in over 1,000 locations including Biratnagar, Itahari, Janakpur, Bharatpur, Bhairahawa, Butwal, Baglung, Nepalgunj, Tulsipur, Tamghas, Palpa, Krishnanagar, Bardibas, Rajbiraj, Malangwa, and Dhankuta, among others.</p>
<p>
	Ncell customers who have not upgraded their SIM to 4G SIM yet can easily acquire Ncell&rsquo;s 4G SIM with the same mobile number at just Rs 1 by visiting nearby Ncell Centre. With the SIM upgrade, which can be done simply by furnishing original document (citizenship certificate or driving license), the customers will also receive 1GB of 4G data with a validity of 7 days for free that can be used during the day (5 am to 5 pm).</p>
<p>
	According to Ncell, the 4G service has been expanded in 44 districts within two years of its launch, as part of the company&rsquo;s commitment to expand the 4G/LTE in different parts of the country. Apart from increasing access to 4G, Ncell plans to continue to bring more exciting offers to the customers.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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			'description' => '',
			'sortorder' => '10570',
			'image' => '20190603011702_anfr-antennes-4G-activees-orange.jpg',
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	(int) 4 => array(
		'Article' => array(
			'id' => '10818',
			'article_category_id' => '218',
			'title' => 'Laxmi Bank’s Cricket World Cup Offer',
			'sub_title' => '',
			'summary' => 'June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform “Ctrl O”. ',
			'content' => '<p>
	June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform &ldquo;Ctrl O&rdquo;. Customers opening savings accounts during the ongoing ICC Cricket World Cup 2019 through the digital platform will be eligible to earn Rs 500 mobile balance top up on first mobile money transaction along with free complete e-banking package, according to the bank. The bank said in a statement that the customers can access the digital application from the bank&rsquo;s website and will need to visit the branch only once to complete the process.</p>
<p>
	Laxmi Bank said it strongly encourages paperless account opening process supported by a wide range of digital transaction channels.</p>
<p>
	&ldquo;We expect the World Cup campaign based on Ctrl O digital account opening platform to make a small contribution to a cleaner, greener world,&rdquo; the statement said, adding that the bank continues to adopt technology, process, and products which result in substantial reduction of its carbon footprint to develop a responsible, sustainable business.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-03',
			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10569',
			'image' => '20190603010626_laxmi.jpg',
			'article_date' => '2019-06-03 00:00:00',
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		'Article' => array(
			'id' => '10817',
			'article_category_id' => '1',
			'title' => 'Commercial Banks Fail to Meet the Lending Criteria Set by Central Bank',
			'sub_title' => '',
			'summary' => 'June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank.',
			'content' => '<p>
	June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank. However, the commercial banks have provided loan to the deprived sector is more than the ceiling set by the central bank.</p>
<p>
	According to the criteria set by the central bank, out of the total loan issued by the commercial banks a minimum of 10 percent should be provided to the agriculture sector while the energy and tourism sectors should get 15 percent of the loan. Likewise, the central bank has set a ceiling of minimum 5 percent for the deprived sector lending.</p>
<p>
	However, the commercial banks have provided only 9 percent loan to the agriculture sector while the energy and tourism sectors have received 8.1 percent loan as of April 13, 2019. The loan provided to the deprived sector is 6 percent of the total loans of the commercial banks.</p>
<p>
	During the review period, commercial banks have provided a total of Rs 417.86 billion loan to the energy and tourism sectors.</p>
<p>
	The central bank has clearly stated that if any commercial bank cannot lend the amount to any sector as per the criteria set by it, then the banks should borrow from other banks and meet the requirement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-03',
			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10568',
			'image' => '20190603123528_NRB Facebook.jpg',
			'article_date' => '2019-06-03 00:00:00',
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '10816',
			'article_category_id' => '1',
			'title' => 'Market Watch of June 1 (Sunday) ',
			'sub_title' => '',
			'summary' => 'market is not able to take neither bearish trend nor bullish trend. ',
			'content' => '<p style="text-align: center;">
	<strong>Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Current Price (CMP): 1305.68</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Jestha:</strong></p>
<p style="margin-left: 40px;">
	O: 1319.47<br />
	H: 1319.96<br />
	L: 1304.53<br />
	C: 1305.68</p>
<p>
	<strong>Pivot for 20<sup>th</sup> Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632">
	<tbody>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>1284.72</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1294.63</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1300.15</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1310.06</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1315.58</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1325.49</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1331.01</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:84px;height:28px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:84px;height:37px;">
				<p style="text-align: center;">
					<strong>1,263.64</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,286.77</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,303.12</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,326.25</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,342.6</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,365.73</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,382.08</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for Month of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>1,082.82</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,132.34</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,223.9</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,273.42</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,364.98</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,414.5</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,506.06</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p style="margin-left: 40px;">
	On Month of Baisakh: 1,803.05 Crores<br />
	Volume of this week (29<sup>th</sup> Baisakh &ndash; 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br />
	Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br />
	Volume of 3<sup>rd</sup> Week of Jestha: NRs. 433.14 Crores<br />
	16<sup>th</sup> Jestha: Nrs. 152.81 Crores<br />
	19<sup>th</sup> Jestha: Nrs. 75.32 Crores</p>
<p>
	<strong>Commentary:</strong></p>
<p>
	1. Today market has remained negative throughout the day. Along with the market other sub indices are also negative. NEPSE Market has lost 1.05% likewise Sensitive also lost 1.08%.</p>
<p>
	2. Today high and open was on the same point for NEPSE Market.</p>
<p>
	3. The volume today has decreased in comparison to that of last traded volume.&nbsp;</p>
<p>
	4. Out of 11 Sub-indices only 2 of them are positive. Today at the noticeable changes are loss of Banking by 1.17%, Hydropower by 1.75% and Others by 1.63%.</p>
<p>
	5. The CMP of 19<sup>th</sup> Jestha is below the pivot of 20<sup>th</sup> Jestha and below the weekly pivot but above the monthly pivot.</p>
<p>
	6. Both of the Sensitive and NEPSE Market had dropped today with similar kind of fluctuations.</p>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Scrips by turnovers:</strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>Turnover</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Closing Price</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PIC</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 13.02 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>1,173</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SHIVM</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 9.37 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>671</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>NBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.44 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>335</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PRVU</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.25 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>277</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPPER</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 3.43 Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>286</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Gainers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>KNBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>178</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>TRH</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>280</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>25</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>MHNL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>110</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>6</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>100</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>5</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GFCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>129</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>4</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Losers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>147</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GRDBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>113</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-11</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SDESI</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>606</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-39</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>HURJA</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>152</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-8</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GMFIL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>126</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-6</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p style="text-align: center;">
	&nbsp;</p>
<p>
	<strong>Sector Wise Summary: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Sector</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover Values</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover volume</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Total Transaction</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>Commercial Banks</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>NRs. 24.87 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>820,756</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>2,636</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>Finance</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>NRs. 0.78 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>61,836</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>168</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Hotels</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 12.30 Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>65,359</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>154</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Manufacturing And Processing</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 9.47 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>140,812</strong></p>
				<p style="text-align: center;">
					&nbsp;</p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>810</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Others</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 2.16 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>41,975</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>206</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Hydro Power</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 7.28 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>338,860</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>2,171</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Non Life Insurance</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 15.98 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>158,093</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>1,591</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Development Banks</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 6.33 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>323,856</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>799</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Mutual Fund</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 0.03 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>38,354</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Promoter Share</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 1.68 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>26,431</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>61</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p style="text-align: center;">
	<img alt="" src="/app/webroot/userfiles/images/s%2810%29.JPG" style="width: 745px; height: 475px;" /></p>
<p style="text-align: center;">
	<strong>Pic. Showing Sensitive Candle Stick Chart</strong></p>
<p>
	<strong>Analysis: </strong></p>
<p>
	1. The CMP of 19<sup>th</sup> Jestha is below the Pivot of 20<sup>th</sup> Jestha and the volume is lower than that of the last traded volume. We can see the excess drop in volume and points of the Market which might be the result of the Budget Speech of this fiscal year.</p>
<p>
	2. Observing the candle stick patterns of today, it is &ldquo;Opening Black Marubozu&rdquo;.&nbsp; The shorter the shadow is, the more negative the candle&#39;s significance.</p>
<p>
	3. Market still now is in the Choppy trend ranging 1300 to 1320 in order to make new high market needs to cross 1320 or for new low it must go below 1320. It&rsquo;s been long time that the market is in choppy trend. When will the market break the trend?</p>
<p>
	4.This pattern formed today signifies that the sellers are in absolute control of the market. There is so much selling pressure in the stock (or instrument) that the market participants are willing to sell the stock at every price point during that session. Therefore the price of the stock closed near its low point for that session.</p>
<p>
	5. The real expectation is that with this sharp change in sentiment there will have a surge of bearishness and the bearishness will continue over the next few trading sessions. Hence a trader should look for selling opportunities after the occurrence.&nbsp;</p>
<p>
	&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '10815',
			'article_category_id' => '1',
			'title' => 'Students of Silver Mountain School of Hotel Management Unite against Pollution ',
			'sub_title' => '',
			'summary' => 'June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.',
			'content' => '<p>
	June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.</p>
<p>
	The 2016 batch students informed New Business Age that they are organizing the event with the slogan #BeatTheAirPollution to inspire little efforts to fight against the big problem of air pollution. &nbsp;&nbsp;</p>
<p>
	Sudhrishya Giri, coordinator of the event, informed NBA that current status of world environment is worrisome due to increasing pollution. Giri further said that that the increased green-house emission has caused global warming which is causing unprecedented damage to the planet causing extinction of endangered species.</p>
<p>
	&ldquo;We are organizing a special event to fight against pollution rather than just limiting it to slogans,&rdquo; added Giri. &nbsp;</p>
<p>
	The students are planning to bring entrepreneurs and stakeholders together to focus on environment-friendly practices.</p>
<p>
	The students said that representatives from Tyre Treasure, Doko Recyclers, Yeti Airlines, Vegan Dairy Nepal, SmartPaani and Leaf Plus among other companies will join the event to unite against pollution.</p>
<p>
	Additionally, the students will exhibit art and handicraft works created from waste materials such as plastic bottles and scraps along with research-driven presentations during the event.</p>
<p>
	&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '10814',
			'article_category_id' => '1',
			'title' => 'Nepali Importers Denied Cargo Tracking Service',
			'sub_title' => '',
			'summary' => 'June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.',
			'content' => '<p>
	June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.</p>
<p>
	The ECTS service provider says that the government agencies of Nepal and India as well as the importers can track their goods using the tracking system. However, the tracking service is not yet available for the Nepali importers even though it has already been over three months since the implementation of the tracking system, according to Ganesh Prasad Lath, a Nepali importer.</p>
<p>
	The system came into effect on February 15 for goods transported from Kolkata while it was in use for goods transported from Visakhapatnam since two years.</p>
<p>
	Lath, who is also a central committee member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the Nepali importers are not getting the tracking service from both the ports.</p>
<p>
	The unavailability of the tracking service has cast a doubt among the importers that the system might have been introduced just to charge extra amount from them. They have complained that the ECTS is adding financial burden without rendering the service.</p>
<p>
	Nava Raj Dhakal, joint secretary at the Ministry of Industry, Trade and Supply, said that the problems have emerged as the ECTS in in the testing phase.</p>
<p>
	&ldquo;Some technical glitches might have appeared as we are in the initial phase of implementing the tracking system. The problems will be resolved gradually,&rdquo; said Dhakal.</p>
<p>
	The ECTS was introduced to minimize the cost of trading by removing the documentation process in the ports. Ironically, the direct transshipment of goods using ECTS has become more costlier.</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10565',
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		'Article' => array(
			'id' => '10813',
			'article_category_id' => '1',
			'title' => 'Government Offices in Chitwan not paying Electricity Bills',
			'sub_title' => '',
			'summary' => 'June 2:  Several government offices in Chitwan district have failed to pay their electricity bills on time.',
			'content' => '<p>
	June 2: &nbsp;Several government offices in Chitwan district have failed to pay their electricity bills on time. The accrued amount is rising due to the negligence in clearing the dues.</p>
<p>
	Majority of the government offices have said that they have not been able to pay the electricity bills because of the allocation of very limited budget for running their offices.</p>
<p>
	Altogether 17 government offices of Chitwan including the District Administration Office, District Coordination Committee, Junior Police Officers Training School, &nbsp;Narayani Lift Khageri Irrigation Management Division have failed to clear their electricity dues.</p>
<p>
	The highest amount of dues is that of the street lights, which is internally managed after the concerned ministry releases the amount.</p>
<p>
	According to Nepal Electricity Authority (NEA), a total of Rs 306.7 million for the street lights is pending.</p>
<p>
	According to Suresh Mahato, chief of the district office of NEA, the government offices have ignored their repeated requests to clear the dues.</p>
<p>
	He said that the electricity office is unable to disconnect the lines of the government offices are they are located in sensitive areas.</p>
<p>
	&ldquo;We have written letters to all the government offices in this regard. If they fail to clear the dues within 15 days, we will take necessary action,&rdquo; said Mahato.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'modified' => '2019-06-02',
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			'description' => '',
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		'Article' => array(
			'id' => '10812',
			'article_category_id' => '266',
			'title' => 'The British College Organises Job Fair',
			'sub_title' => '',
			'summary' => 'June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.',
			'content' => '<div>
	June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.</div>
<div>
	&nbsp;</div>
<div>
	According to a statement issued by the college, this job fair provides an opportunity for industries to discover the talents of students who just graduated and are ready for the world of employment.</div>
<div>
	&nbsp;</div>
<div>
	According to the college, the HR professionals of 15 participating companies including Braindigit, Cloudfactory, Premier Insurance, Classic Tech, IMS Group, ITONICS Nepal, Sipradi Trading, Verisk Nepal, Pepsi, Chaudhary Group, Deba Jyoti Group, Spiralogics, Subisu Cable Net, UBA Solutions, and Myriad X interviewed the students to fill their vacancies for a number of different positions.</div>
<div>
	&nbsp;</div>
<div>
	During the job fair, the MD of Merojob shared, &ldquo;The six-day fair has been organised to establish a connection between employers and unemployed youths and to create job opportunities for youths. We are organising this fair to solve the problem of unemployment by bringing the youths searching for jobs, and companies looking for aspiring youths together.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The event coordinator of The British College shared that the job fair is being organised to bridge the gap between the students and industries.</div>
<div>
	&nbsp;</div>
<div>
	The British College thanked Merojob for its support in organising the job fair. The college also thanked the management team of all the participating organisations &ldquo;who gave time even during their busy schedules&rdquo;.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
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			'modified' => '2019-06-02',
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			'sortorder' => '10563',
			'image' => '20190602015527_job placement.jpg',
			'article_date' => '2019-06-02 00:00:00',
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		'Article' => array(
			'id' => '10811',
			'article_category_id' => '1',
			'title' => 'Karnali Province Struggling to Spend Development Budget',
			'sub_title' => 'Only 17 Percent Budget Spent on Development Works in 11 Months of Current FY',
			'summary' => 'June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. ',
			'content' => '<p>
	June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. Almost 11 months of the current fiscal year has elapsed but the provincial government has been able to spend only 17 percent of the budget allocated for development works.</p>
<p>
	The provincial government has blamed its inability to spend on lack of manpower and legal hurdles.</p>
<p>
	Karnali Province had announced a total budget of Rs 28.28 billion out of which Rs 21.24 billion was allocated for development purpose. The provincial ministers have blamed the federal government for the poor spending on development head.</p>
<p>
	Provincial Minister for Financial Affairs and Planning Krishna Jwala blamed the federal government for the lacklusture performance of the provincial government.</p>
<p>
	He said that the provincial government could not spend on development projects as the federal government deputed civil servants quite late.</p>
<p>
	According to Minister Jwala, more than 50 percent of government staffers are yet to join their office due to which the development works have been pushed back.</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
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			'description' => '',
			'sortorder' => '10562',
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		'Article' => array(
			'id' => '10810',
			'article_category_id' => '266',
			'title' => 'NIBL ties up with HAMS',
			'sub_title' => '',
			'summary' => 'June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.',
			'content' => '<p>
	June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.</p>
<p>
	According to the bank, its CEO Jyoti Prakash Pandey and the chairman of HAMS, Rajan Singh Bhandari, signed the agreement amid a recent function.</p>
<p>
	A statement issued by the bank of May 31 informs that all the employees of NIBL and VISA/Mastercard holders will get 10 percent discount at the hospital and 5 percent at HAMS pharmacy.</p>
<p>
	HAMS is a multi-disciplinary hospital situated in Dhumbarahi, Kathmandu which has been providing &ldquo;quality&rdquo; healthcare service for over 22 years.</p>
<p>
	NIBL has been providing banking service from 80 branches, 112 ATMs, 14 extension counters, 10 revenue collection counters and 51 branchless banking counters.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'id' => '10809',
			'article_category_id' => '236',
			'title' => 'Bajaj’s new Showroom in Morang',
			'sub_title' => '',
			'summary' => 'June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.',
			'content' => '<p>
	June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.</p>
<p>
	HH Bajaj said in a statement that the company expanded its network by adding the new showroom named &ldquo;Manakamana Automobiles&rdquo; in Biratchowk with an aim to provide high quality services to the customers of Morang.</p>
<p>
	HH Bajaj further said that the new showroom will make it easier for the customers to access bikes spare parts, sales, services and accessories.</p>
<p>
	&ldquo;This in turn helps HH Bajaj to strengthen its sales and serve the customers all across the country,&rdquo; the statement added.</p>
<p>
	During the inauguration ceremony, the company&rsquo;s General Manager Yogain Gurung, said, &ldquo;We are very pleased to launch the new showroom at Biratchowk, Morang. The growing demand of customers has motivated us to expand our reach over there. With this expansion, the customers of Morang will benefit in many ways.&rdquo; &nbsp;</p>
<p>
	&nbsp;</p>
',
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			'modified' => '2019-06-02',
			'keywords' => '',
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			'sortorder' => '10560',
			'image' => '20190602123221_bajaj.jpg',
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			'id' => '10807',
			'article_category_id' => '236',
			'title' => 'Bela Motors Assembling Electric Vehicles in Nepal',
			'sub_title' => '',
			'summary' => 'May 31: The government’s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.',
			'content' => '<p>
	May 31: The government&rsquo;s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.</p>
<p>
	Bela Motors has been assembling electric motorbikes and scooters in Nepal since the past eight months.</p>
<p>
	Rajesh Maharjan, marketing manager of Bela Motors, informed New Business Age that the company is currently assembling Dayuro, Extro, Gloria and Dolsi brands of electric scoters and T 5 and T 3 electric bikes at its garage situated in Baluwatar.</p>
<p>
	So far, the company has successfully assembled 40 electric bikes and 280 electric scoters.</p>
<p>
	Likewise, the company already has sold 256 electric vehicles it assembled in Nepal.</p>
<p>
	According to the company, the price of all four brands of electric scooters is Rs 130,000, while the price of T3 bike is Rs 160,000 and T 5 bike costs Rs 210,000.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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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
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		'Article' => array(
			'id' => '10822',
			'article_category_id' => '1',
			'title' => 'Government Amends VAT Regulations',
			'sub_title' => '',
			'summary' => 'June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21st time.',
			'content' => '<p>
	June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21<sup>st</sup>&nbsp;time.&nbsp;The government reportedly amended the regulations to enforce strict rules against import-based companies and contractors.</p>
<p>
	According to the new provision, both the buyer and the seller have to pay 50-50 percent of VAT to the government. So far, only the buyer had been paying VAT amount to the government. &nbsp;</p>
<p>
	According to the amended regulation, public offices as well as other institutions and individuals registered under VAT have to deposit 50 percent of the tax at the concerned government office themselves for any transaction relating to contract agreements or for rendering goods and services. &nbsp;</p>
<p>
	Likewise, the revised provision of VAT restricts the companies to receive full payment for rendering goods and services. The other half of the 50 percent tax which the party winning the contract (promisee) is eligible to pay to the government has to be paid by the party issuing the contract (promisor).</p>
<p>
	The officials at the Inland Revenue Department informed that the government imposed the new rules after finding that the contactors failed to pay the VAT amount even after completion of the projects.</p>
<p>
	One of the officials from the department informed New Business Age that the new provision of VAT is not for all taxpayers but only for goods and service providers.</p>
<p>
	He added that the department is issuing a public notice shortly to announce the new provision of VAT. &nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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			'id' => '10821',
			'article_category_id' => '1',
			'title' => 'India Tops the List of FDI Commitment, Followed by China',
			'sub_title' => '',
			'summary' => 'June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal.',
			'content' => '<p>
	June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal. India has committed a total of Rs 93.70 billion investment in Nepal since the 1990s till mid-May of the current fiscal year.</p>
<p>
	Similarly, another neighboring country, China is hot on the heels of India with commitment of Rs 83.67 FDI to Nepal.</p>
<p>
	According to a report prepared by Nepal Rastra Bank, the first official record of FDI flow to Nepal was in 1951/52 when the Nepal Commercial Corporation was set up as a joint venture with 67 percent equity participation from Indian investors. According to the central bank, there were few cases of foreign investment and technology transfer prior to 1980.</p>
<p>
	Likewise, Nepal started getting foreign investment from China only after 1990.</p>
<p>
	The government has categorized eight different sectors for foreign investment in the country. Among them, construction, production, energy and service sectors get more investment commitment from India. Similarly, China leads the list of countries committing investment in sectors like quarrying, tourism, information technology and agriculture and forestry.</p>
<p>
	Due to the keen interest in hydropower sector of the country by both India and China, it is hard to say which country will be the major investor in Nepal as a single project in this sector receives huge investment.</p>
<p>
	According to the Investment Board of Nepal, a single hydropower project with capacity more than 50 megawatts can fetch over Rs 10 billion investment. In the recent years, China seems keen on investment in hydropower projects in Nepal due to which the country overtake India in the list of chief investor.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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			'id' => '10820',
			'article_category_id' => '266',
			'title' => 'Subisu Offers New Price During Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.',
			'content' => '<p>
	June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.</p>
<p>
	According to the company, its customers can watch 245 digital channels with 50 HD channels at just Rs 258. Furthermore, customers can enjoy 25 Mbps FTTH Internet and 245 digital channels including 50 HD channels at just Rs 1216.</p>
<p>
	To avail the service at above mentioned prices, customers have to pay an advance of one year. The prices mentioned do not include VAT.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
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		'Article' => array(
			'id' => '10819',
			'article_category_id' => '1',
			'title' => 'Ncell 4G/LTE now Covers over 1,000 Locations Nationwide',
			'sub_title' => '',
			'summary' => 'June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.',
			'content' => '<p>
	June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.</p>
<p>
	Ncell made the announcement on Sunday, June 2, stating that it has expanded the 4G network coverage, connecting all 7 Provinces and making the service available to people living in over 1,000 locations nationwide. Most of the cities and locations beyond the urban centres will also benefit from mobility access to modern high-speed connectivity now, the company said in a statement.</p>
<p>
	&ldquo;We are delighted to announce the successful and ongoing extension of our 4G connectivity across the nation to including areas beyond cities, ensuring access to modern mobile broadband connectivity to all our customers,&rdquo; said Andy Chong, acting CEO of Ncell. &ldquo;We are confident Ncell&rsquo;s 4G network will contribute towards the Government&rsquo;s Digital Nepal Framework as announced in the budget for the next fiscal year and is aligned with the National Broadband Policy which focuses on broadband infrastructure and increasing access to high-speed internet services.&rdquo;</p>
<p>
	All Ncell customers possessing 4G SIM (U-SIM) and using a 4G compatible handset can use the 4G service which offers better bandwidth and lower latency, enabling customers to use applications seamlessly on mobile devices, provide real-time sharing of large files and media streaming, including immediate delivery of time-sensitive data.</p>
<p>
	Ncell had launched 4G service two years ago on June 1, 2017, from the Kathmandu Valley covering areas nearby like Nagarkot, Banepa and Dhulikhel. The service coverage which was available in 21 cities since 2018 has now been made accessible in over 1,000 locations including Biratnagar, Itahari, Janakpur, Bharatpur, Bhairahawa, Butwal, Baglung, Nepalgunj, Tulsipur, Tamghas, Palpa, Krishnanagar, Bardibas, Rajbiraj, Malangwa, and Dhankuta, among others.</p>
<p>
	Ncell customers who have not upgraded their SIM to 4G SIM yet can easily acquire Ncell&rsquo;s 4G SIM with the same mobile number at just Rs 1 by visiting nearby Ncell Centre. With the SIM upgrade, which can be done simply by furnishing original document (citizenship certificate or driving license), the customers will also receive 1GB of 4G data with a validity of 7 days for free that can be used during the day (5 am to 5 pm).</p>
<p>
	According to Ncell, the 4G service has been expanded in 44 districts within two years of its launch, as part of the company&rsquo;s commitment to expand the 4G/LTE in different parts of the country. Apart from increasing access to 4G, Ncell plans to continue to bring more exciting offers to the customers.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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	(int) 4 => array(
		'Article' => array(
			'id' => '10818',
			'article_category_id' => '218',
			'title' => 'Laxmi Bank’s Cricket World Cup Offer',
			'sub_title' => '',
			'summary' => 'June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform “Ctrl O”. ',
			'content' => '<p>
	June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform &ldquo;Ctrl O&rdquo;. Customers opening savings accounts during the ongoing ICC Cricket World Cup 2019 through the digital platform will be eligible to earn Rs 500 mobile balance top up on first mobile money transaction along with free complete e-banking package, according to the bank. The bank said in a statement that the customers can access the digital application from the bank&rsquo;s website and will need to visit the branch only once to complete the process.</p>
<p>
	Laxmi Bank said it strongly encourages paperless account opening process supported by a wide range of digital transaction channels.</p>
<p>
	&ldquo;We expect the World Cup campaign based on Ctrl O digital account opening platform to make a small contribution to a cleaner, greener world,&rdquo; the statement said, adding that the bank continues to adopt technology, process, and products which result in substantial reduction of its carbon footprint to develop a responsible, sustainable business.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'description' => '',
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	(int) 5 => array(
		'Article' => array(
			'id' => '10817',
			'article_category_id' => '1',
			'title' => 'Commercial Banks Fail to Meet the Lending Criteria Set by Central Bank',
			'sub_title' => '',
			'summary' => 'June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank.',
			'content' => '<p>
	June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank. However, the commercial banks have provided loan to the deprived sector is more than the ceiling set by the central bank.</p>
<p>
	According to the criteria set by the central bank, out of the total loan issued by the commercial banks a minimum of 10 percent should be provided to the agriculture sector while the energy and tourism sectors should get 15 percent of the loan. Likewise, the central bank has set a ceiling of minimum 5 percent for the deprived sector lending.</p>
<p>
	However, the commercial banks have provided only 9 percent loan to the agriculture sector while the energy and tourism sectors have received 8.1 percent loan as of April 13, 2019. The loan provided to the deprived sector is 6 percent of the total loans of the commercial banks.</p>
<p>
	During the review period, commercial banks have provided a total of Rs 417.86 billion loan to the energy and tourism sectors.</p>
<p>
	The central bank has clearly stated that if any commercial bank cannot lend the amount to any sector as per the criteria set by it, then the banks should borrow from other banks and meet the requirement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 6 => array(
		'Article' => array(
			'id' => '10816',
			'article_category_id' => '1',
			'title' => 'Market Watch of June 1 (Sunday) ',
			'sub_title' => '',
			'summary' => 'market is not able to take neither bearish trend nor bullish trend. ',
			'content' => '<p style="text-align: center;">
	<strong>Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Current Price (CMP): 1305.68</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Jestha:</strong></p>
<p style="margin-left: 40px;">
	O: 1319.47<br />
	H: 1319.96<br />
	L: 1304.53<br />
	C: 1305.68</p>
<p>
	<strong>Pivot for 20<sup>th</sup> Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632">
	<tbody>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>1284.72</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1294.63</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1300.15</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1310.06</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1315.58</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1325.49</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1331.01</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:84px;height:28px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:84px;height:37px;">
				<p style="text-align: center;">
					<strong>1,263.64</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,286.77</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,303.12</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,326.25</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,342.6</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,365.73</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,382.08</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for Month of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>1,082.82</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,132.34</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,223.9</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,273.42</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,364.98</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,414.5</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,506.06</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p style="margin-left: 40px;">
	On Month of Baisakh: 1,803.05 Crores<br />
	Volume of this week (29<sup>th</sup> Baisakh &ndash; 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br />
	Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br />
	Volume of 3<sup>rd</sup> Week of Jestha: NRs. 433.14 Crores<br />
	16<sup>th</sup> Jestha: Nrs. 152.81 Crores<br />
	19<sup>th</sup> Jestha: Nrs. 75.32 Crores</p>
<p>
	<strong>Commentary:</strong></p>
<p>
	1. Today market has remained negative throughout the day. Along with the market other sub indices are also negative. NEPSE Market has lost 1.05% likewise Sensitive also lost 1.08%.</p>
<p>
	2. Today high and open was on the same point for NEPSE Market.</p>
<p>
	3. The volume today has decreased in comparison to that of last traded volume.&nbsp;</p>
<p>
	4. Out of 11 Sub-indices only 2 of them are positive. Today at the noticeable changes are loss of Banking by 1.17%, Hydropower by 1.75% and Others by 1.63%.</p>
<p>
	5. The CMP of 19<sup>th</sup> Jestha is below the pivot of 20<sup>th</sup> Jestha and below the weekly pivot but above the monthly pivot.</p>
<p>
	6. Both of the Sensitive and NEPSE Market had dropped today with similar kind of fluctuations.</p>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Scrips by turnovers:</strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>Turnover</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Closing Price</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PIC</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 13.02 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>1,173</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SHIVM</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 9.37 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>671</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>NBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.44 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>335</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PRVU</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.25 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>277</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPPER</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 3.43 Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>286</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Gainers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>KNBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>178</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>TRH</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>280</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>25</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>MHNL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>110</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>6</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>100</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>5</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GFCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>129</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>4</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Losers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>147</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GRDBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>113</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-11</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SDESI</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>606</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-39</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>HURJA</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>152</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-8</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GMFIL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>126</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-6</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p style="text-align: center;">
	&nbsp;</p>
<p>
	<strong>Sector Wise Summary: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Sector</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover Values</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover volume</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Total Transaction</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>Commercial Banks</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>NRs. 24.87 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>820,756</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>2,636</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>Finance</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>NRs. 0.78 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>61,836</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>168</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Hotels</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 12.30 Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>65,359</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>154</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Manufacturing And Processing</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 9.47 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>140,812</strong></p>
				<p style="text-align: center;">
					&nbsp;</p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>810</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Others</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 2.16 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>41,975</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>206</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Hydro Power</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 7.28 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>338,860</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>2,171</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Non Life Insurance</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 15.98 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>158,093</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>1,591</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Development Banks</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 6.33 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>323,856</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>799</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Mutual Fund</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 0.03 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>38,354</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Promoter Share</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 1.68 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>26,431</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>61</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p style="text-align: center;">
	<img alt="" src="/app/webroot/userfiles/images/s%2810%29.JPG" style="width: 745px; height: 475px;" /></p>
<p style="text-align: center;">
	<strong>Pic. Showing Sensitive Candle Stick Chart</strong></p>
<p>
	<strong>Analysis: </strong></p>
<p>
	1. The CMP of 19<sup>th</sup> Jestha is below the Pivot of 20<sup>th</sup> Jestha and the volume is lower than that of the last traded volume. We can see the excess drop in volume and points of the Market which might be the result of the Budget Speech of this fiscal year.</p>
<p>
	2. Observing the candle stick patterns of today, it is &ldquo;Opening Black Marubozu&rdquo;.&nbsp; The shorter the shadow is, the more negative the candle&#39;s significance.</p>
<p>
	3. Market still now is in the Choppy trend ranging 1300 to 1320 in order to make new high market needs to cross 1320 or for new low it must go below 1320. It&rsquo;s been long time that the market is in choppy trend. When will the market break the trend?</p>
<p>
	4.This pattern formed today signifies that the sellers are in absolute control of the market. There is so much selling pressure in the stock (or instrument) that the market participants are willing to sell the stock at every price point during that session. Therefore the price of the stock closed near its low point for that session.</p>
<p>
	5. The real expectation is that with this sharp change in sentiment there will have a surge of bearishness and the bearishness will continue over the next few trading sessions. Hence a trader should look for selling opportunities after the occurrence.&nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 7 => array(
		'Article' => array(
			'id' => '10815',
			'article_category_id' => '1',
			'title' => 'Students of Silver Mountain School of Hotel Management Unite against Pollution ',
			'sub_title' => '',
			'summary' => 'June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.',
			'content' => '<p>
	June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.</p>
<p>
	The 2016 batch students informed New Business Age that they are organizing the event with the slogan #BeatTheAirPollution to inspire little efforts to fight against the big problem of air pollution. &nbsp;&nbsp;</p>
<p>
	Sudhrishya Giri, coordinator of the event, informed NBA that current status of world environment is worrisome due to increasing pollution. Giri further said that that the increased green-house emission has caused global warming which is causing unprecedented damage to the planet causing extinction of endangered species.</p>
<p>
	&ldquo;We are organizing a special event to fight against pollution rather than just limiting it to slogans,&rdquo; added Giri. &nbsp;</p>
<p>
	The students are planning to bring entrepreneurs and stakeholders together to focus on environment-friendly practices.</p>
<p>
	The students said that representatives from Tyre Treasure, Doko Recyclers, Yeti Airlines, Vegan Dairy Nepal, SmartPaani and Leaf Plus among other companies will join the event to unite against pollution.</p>
<p>
	Additionally, the students will exhibit art and handicraft works created from waste materials such as plastic bottles and scraps along with research-driven presentations during the event.</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10566',
			'image' => '20190602030107_pollution.jpg',
			'article_date' => '2019-06-02 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '10814',
			'article_category_id' => '1',
			'title' => 'Nepali Importers Denied Cargo Tracking Service',
			'sub_title' => '',
			'summary' => 'June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.',
			'content' => '<p>
	June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.</p>
<p>
	The ECTS service provider says that the government agencies of Nepal and India as well as the importers can track their goods using the tracking system. However, the tracking service is not yet available for the Nepali importers even though it has already been over three months since the implementation of the tracking system, according to Ganesh Prasad Lath, a Nepali importer.</p>
<p>
	The system came into effect on February 15 for goods transported from Kolkata while it was in use for goods transported from Visakhapatnam since two years.</p>
<p>
	Lath, who is also a central committee member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the Nepali importers are not getting the tracking service from both the ports.</p>
<p>
	The unavailability of the tracking service has cast a doubt among the importers that the system might have been introduced just to charge extra amount from them. They have complained that the ECTS is adding financial burden without rendering the service.</p>
<p>
	Nava Raj Dhakal, joint secretary at the Ministry of Industry, Trade and Supply, said that the problems have emerged as the ECTS in in the testing phase.</p>
<p>
	&ldquo;Some technical glitches might have appeared as we are in the initial phase of implementing the tracking system. The problems will be resolved gradually,&rdquo; said Dhakal.</p>
<p>
	The ECTS was introduced to minimize the cost of trading by removing the documentation process in the ports. Ironically, the direct transshipment of goods using ECTS has become more costlier.</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10565',
			'image' => '20190602024831_ECTS Device.jpg',
			'article_date' => '2019-06-02 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '10813',
			'article_category_id' => '1',
			'title' => 'Government Offices in Chitwan not paying Electricity Bills',
			'sub_title' => '',
			'summary' => 'June 2:  Several government offices in Chitwan district have failed to pay their electricity bills on time.',
			'content' => '<p>
	June 2: &nbsp;Several government offices in Chitwan district have failed to pay their electricity bills on time. The accrued amount is rising due to the negligence in clearing the dues.</p>
<p>
	Majority of the government offices have said that they have not been able to pay the electricity bills because of the allocation of very limited budget for running their offices.</p>
<p>
	Altogether 17 government offices of Chitwan including the District Administration Office, District Coordination Committee, Junior Police Officers Training School, &nbsp;Narayani Lift Khageri Irrigation Management Division have failed to clear their electricity dues.</p>
<p>
	The highest amount of dues is that of the street lights, which is internally managed after the concerned ministry releases the amount.</p>
<p>
	According to Nepal Electricity Authority (NEA), a total of Rs 306.7 million for the street lights is pending.</p>
<p>
	According to Suresh Mahato, chief of the district office of NEA, the government offices have ignored their repeated requests to clear the dues.</p>
<p>
	He said that the electricity office is unable to disconnect the lines of the government offices are they are located in sensitive areas.</p>
<p>
	&ldquo;We have written letters to all the government offices in this regard. If they fail to clear the dues within 15 days, we will take necessary action,&rdquo; said Mahato.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
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			'description' => '',
			'sortorder' => '10564',
			'image' => '20190602022145_nea.jpg',
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	(int) 10 => array(
		'Article' => array(
			'id' => '10812',
			'article_category_id' => '266',
			'title' => 'The British College Organises Job Fair',
			'sub_title' => '',
			'summary' => 'June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.',
			'content' => '<div>
	June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.</div>
<div>
	&nbsp;</div>
<div>
	According to a statement issued by the college, this job fair provides an opportunity for industries to discover the talents of students who just graduated and are ready for the world of employment.</div>
<div>
	&nbsp;</div>
<div>
	According to the college, the HR professionals of 15 participating companies including Braindigit, Cloudfactory, Premier Insurance, Classic Tech, IMS Group, ITONICS Nepal, Sipradi Trading, Verisk Nepal, Pepsi, Chaudhary Group, Deba Jyoti Group, Spiralogics, Subisu Cable Net, UBA Solutions, and Myriad X interviewed the students to fill their vacancies for a number of different positions.</div>
<div>
	&nbsp;</div>
<div>
	During the job fair, the MD of Merojob shared, &ldquo;The six-day fair has been organised to establish a connection between employers and unemployed youths and to create job opportunities for youths. We are organising this fair to solve the problem of unemployment by bringing the youths searching for jobs, and companies looking for aspiring youths together.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The event coordinator of The British College shared that the job fair is being organised to bridge the gap between the students and industries.</div>
<div>
	&nbsp;</div>
<div>
	The British College thanked Merojob for its support in organising the job fair. The college also thanked the management team of all the participating organisations &ldquo;who gave time even during their busy schedules&rdquo;.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
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			'modified' => '2019-06-02',
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			'image' => '20190602015527_job placement.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '10811',
			'article_category_id' => '1',
			'title' => 'Karnali Province Struggling to Spend Development Budget',
			'sub_title' => 'Only 17 Percent Budget Spent on Development Works in 11 Months of Current FY',
			'summary' => 'June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. ',
			'content' => '<p>
	June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. Almost 11 months of the current fiscal year has elapsed but the provincial government has been able to spend only 17 percent of the budget allocated for development works.</p>
<p>
	The provincial government has blamed its inability to spend on lack of manpower and legal hurdles.</p>
<p>
	Karnali Province had announced a total budget of Rs 28.28 billion out of which Rs 21.24 billion was allocated for development purpose. The provincial ministers have blamed the federal government for the poor spending on development head.</p>
<p>
	Provincial Minister for Financial Affairs and Planning Krishna Jwala blamed the federal government for the lacklusture performance of the provincial government.</p>
<p>
	He said that the provincial government could not spend on development projects as the federal government deputed civil servants quite late.</p>
<p>
	According to Minister Jwala, more than 50 percent of government staffers are yet to join their office due to which the development works have been pushed back.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10562',
			'image' => '20190602014149_44.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '10810',
			'article_category_id' => '266',
			'title' => 'NIBL ties up with HAMS',
			'sub_title' => '',
			'summary' => 'June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.',
			'content' => '<p>
	June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.</p>
<p>
	According to the bank, its CEO Jyoti Prakash Pandey and the chairman of HAMS, Rajan Singh Bhandari, signed the agreement amid a recent function.</p>
<p>
	A statement issued by the bank of May 31 informs that all the employees of NIBL and VISA/Mastercard holders will get 10 percent discount at the hospital and 5 percent at HAMS pharmacy.</p>
<p>
	HAMS is a multi-disciplinary hospital situated in Dhumbarahi, Kathmandu which has been providing &ldquo;quality&rdquo; healthcare service for over 22 years.</p>
<p>
	NIBL has been providing banking service from 80 branches, 112 ATMs, 14 extension counters, 10 revenue collection counters and 51 branchless banking counters.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10561',
			'image' => '20190602010547_Clipboard01.jpg',
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	(int) 13 => array(
		'Article' => array(
			'id' => '10809',
			'article_category_id' => '236',
			'title' => 'Bajaj’s new Showroom in Morang',
			'sub_title' => '',
			'summary' => 'June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.',
			'content' => '<p>
	June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.</p>
<p>
	HH Bajaj said in a statement that the company expanded its network by adding the new showroom named &ldquo;Manakamana Automobiles&rdquo; in Biratchowk with an aim to provide high quality services to the customers of Morang.</p>
<p>
	HH Bajaj further said that the new showroom will make it easier for the customers to access bikes spare parts, sales, services and accessories.</p>
<p>
	&ldquo;This in turn helps HH Bajaj to strengthen its sales and serve the customers all across the country,&rdquo; the statement added.</p>
<p>
	During the inauguration ceremony, the company&rsquo;s General Manager Yogain Gurung, said, &ldquo;We are very pleased to launch the new showroom at Biratchowk, Morang. The growing demand of customers has motivated us to expand our reach over there. With this expansion, the customers of Morang will benefit in many ways.&rdquo; &nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10560',
			'image' => '20190602123221_bajaj.jpg',
			'article_date' => '2019-06-02 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '10807',
			'article_category_id' => '236',
			'title' => 'Bela Motors Assembling Electric Vehicles in Nepal',
			'sub_title' => '',
			'summary' => 'May 31: The government’s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.',
			'content' => '<p>
	May 31: The government&rsquo;s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.</p>
<p>
	Bela Motors has been assembling electric motorbikes and scooters in Nepal since the past eight months.</p>
<p>
	Rajesh Maharjan, marketing manager of Bela Motors, informed New Business Age that the company is currently assembling Dayuro, Extro, Gloria and Dolsi brands of electric scoters and T 5 and T 3 electric bikes at its garage situated in Baluwatar.</p>
<p>
	So far, the company has successfully assembled 40 electric bikes and 280 electric scoters.</p>
<p>
	Likewise, the company already has sold 256 electric vehicles it assembled in Nepal.</p>
<p>
	According to the company, the price of all four brands of electric scooters is Rs 130,000, while the price of T3 bike is Rs 160,000 and T 5 bike costs Rs 210,000.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-31',
			'modified' => '2019-05-31',
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			'sortorder' => '10559',
			'image' => '20190531033543_latest_1.jpg',
			'article_date' => '2019-05-31 00:00:00',
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simplexml_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

file not found!

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		'Article' => array(
			'id' => '10822',
			'article_category_id' => '1',
			'title' => 'Government Amends VAT Regulations',
			'sub_title' => '',
			'summary' => 'June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21st time.',
			'content' => '<p>
	June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21<sup>st</sup>&nbsp;time.&nbsp;The government reportedly amended the regulations to enforce strict rules against import-based companies and contractors.</p>
<p>
	According to the new provision, both the buyer and the seller have to pay 50-50 percent of VAT to the government. So far, only the buyer had been paying VAT amount to the government. &nbsp;</p>
<p>
	According to the amended regulation, public offices as well as other institutions and individuals registered under VAT have to deposit 50 percent of the tax at the concerned government office themselves for any transaction relating to contract agreements or for rendering goods and services. &nbsp;</p>
<p>
	Likewise, the revised provision of VAT restricts the companies to receive full payment for rendering goods and services. The other half of the 50 percent tax which the party winning the contract (promisee) is eligible to pay to the government has to be paid by the party issuing the contract (promisor).</p>
<p>
	The officials at the Inland Revenue Department informed that the government imposed the new rules after finding that the contactors failed to pay the VAT amount even after completion of the projects.</p>
<p>
	One of the officials from the department informed New Business Age that the new provision of VAT is not for all taxpayers but only for goods and service providers.</p>
<p>
	He added that the department is issuing a public notice shortly to announce the new provision of VAT. &nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
			'modified' => '2019-06-03',
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			'description' => '',
			'sortorder' => '10573',
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		'Article' => array(
			'id' => '10821',
			'article_category_id' => '1',
			'title' => 'India Tops the List of FDI Commitment, Followed by China',
			'sub_title' => '',
			'summary' => 'June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal.',
			'content' => '<p>
	June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal. India has committed a total of Rs 93.70 billion investment in Nepal since the 1990s till mid-May of the current fiscal year.</p>
<p>
	Similarly, another neighboring country, China is hot on the heels of India with commitment of Rs 83.67 FDI to Nepal.</p>
<p>
	According to a report prepared by Nepal Rastra Bank, the first official record of FDI flow to Nepal was in 1951/52 when the Nepal Commercial Corporation was set up as a joint venture with 67 percent equity participation from Indian investors. According to the central bank, there were few cases of foreign investment and technology transfer prior to 1980.</p>
<p>
	Likewise, Nepal started getting foreign investment from China only after 1990.</p>
<p>
	The government has categorized eight different sectors for foreign investment in the country. Among them, construction, production, energy and service sectors get more investment commitment from India. Similarly, China leads the list of countries committing investment in sectors like quarrying, tourism, information technology and agriculture and forestry.</p>
<p>
	Due to the keen interest in hydropower sector of the country by both India and China, it is hard to say which country will be the major investor in Nepal as a single project in this sector receives huge investment.</p>
<p>
	According to the Investment Board of Nepal, a single hydropower project with capacity more than 50 megawatts can fetch over Rs 10 billion investment. In the recent years, China seems keen on investment in hydropower projects in Nepal due to which the country overtake India in the list of chief investor.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'modified' => '2019-06-03',
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			'description' => '',
			'sortorder' => '10572',
			'image' => '20190603020252_Clipboard01.jpg',
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		'Article' => array(
			'id' => '10820',
			'article_category_id' => '266',
			'title' => 'Subisu Offers New Price During Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.',
			'content' => '<p>
	June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.</p>
<p>
	According to the company, its customers can watch 245 digital channels with 50 HD channels at just Rs 258. Furthermore, customers can enjoy 25 Mbps FTTH Internet and 245 digital channels including 50 HD channels at just Rs 1216.</p>
<p>
	To avail the service at above mentioned prices, customers have to pay an advance of one year. The prices mentioned do not include VAT.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '10571',
			'image' => '20190603040141_aa.jpg',
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	(int) 3 => array(
		'Article' => array(
			'id' => '10819',
			'article_category_id' => '1',
			'title' => 'Ncell 4G/LTE now Covers over 1,000 Locations Nationwide',
			'sub_title' => '',
			'summary' => 'June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.',
			'content' => '<p>
	June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.</p>
<p>
	Ncell made the announcement on Sunday, June 2, stating that it has expanded the 4G network coverage, connecting all 7 Provinces and making the service available to people living in over 1,000 locations nationwide. Most of the cities and locations beyond the urban centres will also benefit from mobility access to modern high-speed connectivity now, the company said in a statement.</p>
<p>
	&ldquo;We are delighted to announce the successful and ongoing extension of our 4G connectivity across the nation to including areas beyond cities, ensuring access to modern mobile broadband connectivity to all our customers,&rdquo; said Andy Chong, acting CEO of Ncell. &ldquo;We are confident Ncell&rsquo;s 4G network will contribute towards the Government&rsquo;s Digital Nepal Framework as announced in the budget for the next fiscal year and is aligned with the National Broadband Policy which focuses on broadband infrastructure and increasing access to high-speed internet services.&rdquo;</p>
<p>
	All Ncell customers possessing 4G SIM (U-SIM) and using a 4G compatible handset can use the 4G service which offers better bandwidth and lower latency, enabling customers to use applications seamlessly on mobile devices, provide real-time sharing of large files and media streaming, including immediate delivery of time-sensitive data.</p>
<p>
	Ncell had launched 4G service two years ago on June 1, 2017, from the Kathmandu Valley covering areas nearby like Nagarkot, Banepa and Dhulikhel. The service coverage which was available in 21 cities since 2018 has now been made accessible in over 1,000 locations including Biratnagar, Itahari, Janakpur, Bharatpur, Bhairahawa, Butwal, Baglung, Nepalgunj, Tulsipur, Tamghas, Palpa, Krishnanagar, Bardibas, Rajbiraj, Malangwa, and Dhankuta, among others.</p>
<p>
	Ncell customers who have not upgraded their SIM to 4G SIM yet can easily acquire Ncell&rsquo;s 4G SIM with the same mobile number at just Rs 1 by visiting nearby Ncell Centre. With the SIM upgrade, which can be done simply by furnishing original document (citizenship certificate or driving license), the customers will also receive 1GB of 4G data with a validity of 7 days for free that can be used during the day (5 am to 5 pm).</p>
<p>
	According to Ncell, the 4G service has been expanded in 44 districts within two years of its launch, as part of the company&rsquo;s commitment to expand the 4G/LTE in different parts of the country. Apart from increasing access to 4G, Ncell plans to continue to bring more exciting offers to the customers.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10570',
			'image' => '20190603011702_anfr-antennes-4G-activees-orange.jpg',
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	(int) 4 => array(
		'Article' => array(
			'id' => '10818',
			'article_category_id' => '218',
			'title' => 'Laxmi Bank’s Cricket World Cup Offer',
			'sub_title' => '',
			'summary' => 'June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform “Ctrl O”. ',
			'content' => '<p>
	June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform &ldquo;Ctrl O&rdquo;. Customers opening savings accounts during the ongoing ICC Cricket World Cup 2019 through the digital platform will be eligible to earn Rs 500 mobile balance top up on first mobile money transaction along with free complete e-banking package, according to the bank. The bank said in a statement that the customers can access the digital application from the bank&rsquo;s website and will need to visit the branch only once to complete the process.</p>
<p>
	Laxmi Bank said it strongly encourages paperless account opening process supported by a wide range of digital transaction channels.</p>
<p>
	&ldquo;We expect the World Cup campaign based on Ctrl O digital account opening platform to make a small contribution to a cleaner, greener world,&rdquo; the statement said, adding that the bank continues to adopt technology, process, and products which result in substantial reduction of its carbon footprint to develop a responsible, sustainable business.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10569',
			'image' => '20190603010626_laxmi.jpg',
			'article_date' => '2019-06-03 00:00:00',
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	(int) 5 => array(
		'Article' => array(
			'id' => '10817',
			'article_category_id' => '1',
			'title' => 'Commercial Banks Fail to Meet the Lending Criteria Set by Central Bank',
			'sub_title' => '',
			'summary' => 'June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank.',
			'content' => '<p>
	June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank. However, the commercial banks have provided loan to the deprived sector is more than the ceiling set by the central bank.</p>
<p>
	According to the criteria set by the central bank, out of the total loan issued by the commercial banks a minimum of 10 percent should be provided to the agriculture sector while the energy and tourism sectors should get 15 percent of the loan. Likewise, the central bank has set a ceiling of minimum 5 percent for the deprived sector lending.</p>
<p>
	However, the commercial banks have provided only 9 percent loan to the agriculture sector while the energy and tourism sectors have received 8.1 percent loan as of April 13, 2019. The loan provided to the deprived sector is 6 percent of the total loans of the commercial banks.</p>
<p>
	During the review period, commercial banks have provided a total of Rs 417.86 billion loan to the energy and tourism sectors.</p>
<p>
	The central bank has clearly stated that if any commercial bank cannot lend the amount to any sector as per the criteria set by it, then the banks should borrow from other banks and meet the requirement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10568',
			'image' => '20190603123528_NRB Facebook.jpg',
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	(int) 6 => array(
		'Article' => array(
			'id' => '10816',
			'article_category_id' => '1',
			'title' => 'Market Watch of June 1 (Sunday) ',
			'sub_title' => '',
			'summary' => 'market is not able to take neither bearish trend nor bullish trend. ',
			'content' => '<p style="text-align: center;">
	<strong>Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Current Price (CMP): 1305.68</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Jestha:</strong></p>
<p style="margin-left: 40px;">
	O: 1319.47<br />
	H: 1319.96<br />
	L: 1304.53<br />
	C: 1305.68</p>
<p>
	<strong>Pivot for 20<sup>th</sup> Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632">
	<tbody>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>1284.72</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1294.63</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1300.15</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1310.06</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1315.58</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1325.49</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1331.01</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:84px;height:28px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:84px;height:37px;">
				<p style="text-align: center;">
					<strong>1,263.64</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,286.77</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,303.12</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,326.25</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,342.6</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,365.73</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,382.08</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for Month of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>1,082.82</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,132.34</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,223.9</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,273.42</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,364.98</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,414.5</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,506.06</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p style="margin-left: 40px;">
	On Month of Baisakh: 1,803.05 Crores<br />
	Volume of this week (29<sup>th</sup> Baisakh &ndash; 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br />
	Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br />
	Volume of 3<sup>rd</sup> Week of Jestha: NRs. 433.14 Crores<br />
	16<sup>th</sup> Jestha: Nrs. 152.81 Crores<br />
	19<sup>th</sup> Jestha: Nrs. 75.32 Crores</p>
<p>
	<strong>Commentary:</strong></p>
<p>
	1. Today market has remained negative throughout the day. Along with the market other sub indices are also negative. NEPSE Market has lost 1.05% likewise Sensitive also lost 1.08%.</p>
<p>
	2. Today high and open was on the same point for NEPSE Market.</p>
<p>
	3. The volume today has decreased in comparison to that of last traded volume.&nbsp;</p>
<p>
	4. Out of 11 Sub-indices only 2 of them are positive. Today at the noticeable changes are loss of Banking by 1.17%, Hydropower by 1.75% and Others by 1.63%.</p>
<p>
	5. The CMP of 19<sup>th</sup> Jestha is below the pivot of 20<sup>th</sup> Jestha and below the weekly pivot but above the monthly pivot.</p>
<p>
	6. Both of the Sensitive and NEPSE Market had dropped today with similar kind of fluctuations.</p>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Scrips by turnovers:</strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>Turnover</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Closing Price</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PIC</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 13.02 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>1,173</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SHIVM</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 9.37 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>671</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>NBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.44 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>335</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PRVU</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.25 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>277</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPPER</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 3.43 Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>286</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Gainers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>KNBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>178</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>TRH</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>280</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>25</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>MHNL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>110</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>6</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>100</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>5</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GFCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>129</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>4</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Losers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>147</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GRDBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>113</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-11</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SDESI</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>606</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-39</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>HURJA</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>152</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-8</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GMFIL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>126</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-6</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p style="text-align: center;">
	&nbsp;</p>
<p>
	<strong>Sector Wise Summary: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Sector</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover Values</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover volume</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Total Transaction</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>Commercial Banks</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>NRs. 24.87 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>820,756</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>2,636</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>Finance</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>NRs. 0.78 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>61,836</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>168</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Hotels</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 12.30 Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>65,359</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>154</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Manufacturing And Processing</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 9.47 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>140,812</strong></p>
				<p style="text-align: center;">
					&nbsp;</p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>810</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Others</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 2.16 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>41,975</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>206</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Hydro Power</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 7.28 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>338,860</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>2,171</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Non Life Insurance</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 15.98 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>158,093</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>1,591</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Development Banks</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 6.33 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>323,856</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>799</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Mutual Fund</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 0.03 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>38,354</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Promoter Share</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 1.68 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>26,431</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>61</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p style="text-align: center;">
	<img alt="" src="/app/webroot/userfiles/images/s%2810%29.JPG" style="width: 745px; height: 475px;" /></p>
<p style="text-align: center;">
	<strong>Pic. Showing Sensitive Candle Stick Chart</strong></p>
<p>
	<strong>Analysis: </strong></p>
<p>
	1. The CMP of 19<sup>th</sup> Jestha is below the Pivot of 20<sup>th</sup> Jestha and the volume is lower than that of the last traded volume. We can see the excess drop in volume and points of the Market which might be the result of the Budget Speech of this fiscal year.</p>
<p>
	2. Observing the candle stick patterns of today, it is &ldquo;Opening Black Marubozu&rdquo;.&nbsp; The shorter the shadow is, the more negative the candle&#39;s significance.</p>
<p>
	3. Market still now is in the Choppy trend ranging 1300 to 1320 in order to make new high market needs to cross 1320 or for new low it must go below 1320. It&rsquo;s been long time that the market is in choppy trend. When will the market break the trend?</p>
<p>
	4.This pattern formed today signifies that the sellers are in absolute control of the market. There is so much selling pressure in the stock (or instrument) that the market participants are willing to sell the stock at every price point during that session. Therefore the price of the stock closed near its low point for that session.</p>
<p>
	5. The real expectation is that with this sharp change in sentiment there will have a surge of bearishness and the bearishness will continue over the next few trading sessions. Hence a trader should look for selling opportunities after the occurrence.&nbsp;</p>
<p>
	&nbsp;</p>
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
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	(int) 7 => array(
		'Article' => array(
			'id' => '10815',
			'article_category_id' => '1',
			'title' => 'Students of Silver Mountain School of Hotel Management Unite against Pollution ',
			'sub_title' => '',
			'summary' => 'June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.',
			'content' => '<p>
	June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.</p>
<p>
	The 2016 batch students informed New Business Age that they are organizing the event with the slogan #BeatTheAirPollution to inspire little efforts to fight against the big problem of air pollution. &nbsp;&nbsp;</p>
<p>
	Sudhrishya Giri, coordinator of the event, informed NBA that current status of world environment is worrisome due to increasing pollution. Giri further said that that the increased green-house emission has caused global warming which is causing unprecedented damage to the planet causing extinction of endangered species.</p>
<p>
	&ldquo;We are organizing a special event to fight against pollution rather than just limiting it to slogans,&rdquo; added Giri. &nbsp;</p>
<p>
	The students are planning to bring entrepreneurs and stakeholders together to focus on environment-friendly practices.</p>
<p>
	The students said that representatives from Tyre Treasure, Doko Recyclers, Yeti Airlines, Vegan Dairy Nepal, SmartPaani and Leaf Plus among other companies will join the event to unite against pollution.</p>
<p>
	Additionally, the students will exhibit art and handicraft works created from waste materials such as plastic bottles and scraps along with research-driven presentations during the event.</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10814',
			'article_category_id' => '1',
			'title' => 'Nepali Importers Denied Cargo Tracking Service',
			'sub_title' => '',
			'summary' => 'June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.',
			'content' => '<p>
	June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.</p>
<p>
	The ECTS service provider says that the government agencies of Nepal and India as well as the importers can track their goods using the tracking system. However, the tracking service is not yet available for the Nepali importers even though it has already been over three months since the implementation of the tracking system, according to Ganesh Prasad Lath, a Nepali importer.</p>
<p>
	The system came into effect on February 15 for goods transported from Kolkata while it was in use for goods transported from Visakhapatnam since two years.</p>
<p>
	Lath, who is also a central committee member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the Nepali importers are not getting the tracking service from both the ports.</p>
<p>
	The unavailability of the tracking service has cast a doubt among the importers that the system might have been introduced just to charge extra amount from them. They have complained that the ECTS is adding financial burden without rendering the service.</p>
<p>
	Nava Raj Dhakal, joint secretary at the Ministry of Industry, Trade and Supply, said that the problems have emerged as the ECTS in in the testing phase.</p>
<p>
	&ldquo;Some technical glitches might have appeared as we are in the initial phase of implementing the tracking system. The problems will be resolved gradually,&rdquo; said Dhakal.</p>
<p>
	The ECTS was introduced to minimize the cost of trading by removing the documentation process in the ports. Ironically, the direct transshipment of goods using ECTS has become more costlier.</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10565',
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		'Article' => array(
			'id' => '10813',
			'article_category_id' => '1',
			'title' => 'Government Offices in Chitwan not paying Electricity Bills',
			'sub_title' => '',
			'summary' => 'June 2:  Several government offices in Chitwan district have failed to pay their electricity bills on time.',
			'content' => '<p>
	June 2: &nbsp;Several government offices in Chitwan district have failed to pay their electricity bills on time. The accrued amount is rising due to the negligence in clearing the dues.</p>
<p>
	Majority of the government offices have said that they have not been able to pay the electricity bills because of the allocation of very limited budget for running their offices.</p>
<p>
	Altogether 17 government offices of Chitwan including the District Administration Office, District Coordination Committee, Junior Police Officers Training School, &nbsp;Narayani Lift Khageri Irrigation Management Division have failed to clear their electricity dues.</p>
<p>
	The highest amount of dues is that of the street lights, which is internally managed after the concerned ministry releases the amount.</p>
<p>
	According to Nepal Electricity Authority (NEA), a total of Rs 306.7 million for the street lights is pending.</p>
<p>
	According to Suresh Mahato, chief of the district office of NEA, the government offices have ignored their repeated requests to clear the dues.</p>
<p>
	He said that the electricity office is unable to disconnect the lines of the government offices are they are located in sensitive areas.</p>
<p>
	&ldquo;We have written letters to all the government offices in this regard. If they fail to clear the dues within 15 days, we will take necessary action,&rdquo; said Mahato.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10812',
			'article_category_id' => '266',
			'title' => 'The British College Organises Job Fair',
			'sub_title' => '',
			'summary' => 'June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.',
			'content' => '<div>
	June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.</div>
<div>
	&nbsp;</div>
<div>
	According to a statement issued by the college, this job fair provides an opportunity for industries to discover the talents of students who just graduated and are ready for the world of employment.</div>
<div>
	&nbsp;</div>
<div>
	According to the college, the HR professionals of 15 participating companies including Braindigit, Cloudfactory, Premier Insurance, Classic Tech, IMS Group, ITONICS Nepal, Sipradi Trading, Verisk Nepal, Pepsi, Chaudhary Group, Deba Jyoti Group, Spiralogics, Subisu Cable Net, UBA Solutions, and Myriad X interviewed the students to fill their vacancies for a number of different positions.</div>
<div>
	&nbsp;</div>
<div>
	During the job fair, the MD of Merojob shared, &ldquo;The six-day fair has been organised to establish a connection between employers and unemployed youths and to create job opportunities for youths. We are organising this fair to solve the problem of unemployment by bringing the youths searching for jobs, and companies looking for aspiring youths together.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The event coordinator of The British College shared that the job fair is being organised to bridge the gap between the students and industries.</div>
<div>
	&nbsp;</div>
<div>
	The British College thanked Merojob for its support in organising the job fair. The college also thanked the management team of all the participating organisations &ldquo;who gave time even during their busy schedules&rdquo;.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
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		'Article' => array(
			'id' => '10811',
			'article_category_id' => '1',
			'title' => 'Karnali Province Struggling to Spend Development Budget',
			'sub_title' => 'Only 17 Percent Budget Spent on Development Works in 11 Months of Current FY',
			'summary' => 'June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. ',
			'content' => '<p>
	June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. Almost 11 months of the current fiscal year has elapsed but the provincial government has been able to spend only 17 percent of the budget allocated for development works.</p>
<p>
	The provincial government has blamed its inability to spend on lack of manpower and legal hurdles.</p>
<p>
	Karnali Province had announced a total budget of Rs 28.28 billion out of which Rs 21.24 billion was allocated for development purpose. The provincial ministers have blamed the federal government for the poor spending on development head.</p>
<p>
	Provincial Minister for Financial Affairs and Planning Krishna Jwala blamed the federal government for the lacklusture performance of the provincial government.</p>
<p>
	He said that the provincial government could not spend on development projects as the federal government deputed civil servants quite late.</p>
<p>
	According to Minister Jwala, more than 50 percent of government staffers are yet to join their office due to which the development works have been pushed back.</p>
<p>
	&nbsp;</p>
',
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			'sortorder' => '10562',
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		'Article' => array(
			'id' => '10810',
			'article_category_id' => '266',
			'title' => 'NIBL ties up with HAMS',
			'sub_title' => '',
			'summary' => 'June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.',
			'content' => '<p>
	June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.</p>
<p>
	According to the bank, its CEO Jyoti Prakash Pandey and the chairman of HAMS, Rajan Singh Bhandari, signed the agreement amid a recent function.</p>
<p>
	A statement issued by the bank of May 31 informs that all the employees of NIBL and VISA/Mastercard holders will get 10 percent discount at the hospital and 5 percent at HAMS pharmacy.</p>
<p>
	HAMS is a multi-disciplinary hospital situated in Dhumbarahi, Kathmandu which has been providing &ldquo;quality&rdquo; healthcare service for over 22 years.</p>
<p>
	NIBL has been providing banking service from 80 branches, 112 ATMs, 14 extension counters, 10 revenue collection counters and 51 branchless banking counters.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10809',
			'article_category_id' => '236',
			'title' => 'Bajaj’s new Showroom in Morang',
			'sub_title' => '',
			'summary' => 'June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.',
			'content' => '<p>
	June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.</p>
<p>
	HH Bajaj said in a statement that the company expanded its network by adding the new showroom named &ldquo;Manakamana Automobiles&rdquo; in Biratchowk with an aim to provide high quality services to the customers of Morang.</p>
<p>
	HH Bajaj further said that the new showroom will make it easier for the customers to access bikes spare parts, sales, services and accessories.</p>
<p>
	&ldquo;This in turn helps HH Bajaj to strengthen its sales and serve the customers all across the country,&rdquo; the statement added.</p>
<p>
	During the inauguration ceremony, the company&rsquo;s General Manager Yogain Gurung, said, &ldquo;We are very pleased to launch the new showroom at Biratchowk, Morang. The growing demand of customers has motivated us to expand our reach over there. With this expansion, the customers of Morang will benefit in many ways.&rdquo; &nbsp;</p>
<p>
	&nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '10560',
			'image' => '20190602123221_bajaj.jpg',
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			'id' => '10807',
			'article_category_id' => '236',
			'title' => 'Bela Motors Assembling Electric Vehicles in Nepal',
			'sub_title' => '',
			'summary' => 'May 31: The government’s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.',
			'content' => '<p>
	May 31: The government&rsquo;s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.</p>
<p>
	Bela Motors has been assembling electric motorbikes and scooters in Nepal since the past eight months.</p>
<p>
	Rajesh Maharjan, marketing manager of Bela Motors, informed New Business Age that the company is currently assembling Dayuro, Extro, Gloria and Dolsi brands of electric scoters and T 5 and T 3 electric bikes at its garage situated in Baluwatar.</p>
<p>
	So far, the company has successfully assembled 40 electric bikes and 280 electric scoters.</p>
<p>
	Likewise, the company already has sold 256 electric vehicles it assembled in Nepal.</p>
<p>
	According to the company, the price of all four brands of electric scooters is Rs 130,000, while the price of T3 bike is Rs 160,000 and T 5 bike costs Rs 210,000.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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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
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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		'Article' => array(
			'id' => '10822',
			'article_category_id' => '1',
			'title' => 'Government Amends VAT Regulations',
			'sub_title' => '',
			'summary' => 'June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21st time.',
			'content' => '<p>
	June 3: The government has amended the Value Added Tax (VAT) Regulations for the 21<sup>st</sup>&nbsp;time.&nbsp;The government reportedly amended the regulations to enforce strict rules against import-based companies and contractors.</p>
<p>
	According to the new provision, both the buyer and the seller have to pay 50-50 percent of VAT to the government. So far, only the buyer had been paying VAT amount to the government. &nbsp;</p>
<p>
	According to the amended regulation, public offices as well as other institutions and individuals registered under VAT have to deposit 50 percent of the tax at the concerned government office themselves for any transaction relating to contract agreements or for rendering goods and services. &nbsp;</p>
<p>
	Likewise, the revised provision of VAT restricts the companies to receive full payment for rendering goods and services. The other half of the 50 percent tax which the party winning the contract (promisee) is eligible to pay to the government has to be paid by the party issuing the contract (promisor).</p>
<p>
	The officials at the Inland Revenue Department informed that the government imposed the new rules after finding that the contactors failed to pay the VAT amount even after completion of the projects.</p>
<p>
	One of the officials from the department informed New Business Age that the new provision of VAT is not for all taxpayers but only for goods and service providers.</p>
<p>
	He added that the department is issuing a public notice shortly to announce the new provision of VAT. &nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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			'id' => '10821',
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			'title' => 'India Tops the List of FDI Commitment, Followed by China',
			'sub_title' => '',
			'summary' => 'June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal.',
			'content' => '<p>
	June 3: India tops the list of countries that have made commitment for foreign direct investment (FDI) to Nepal. India has committed a total of Rs 93.70 billion investment in Nepal since the 1990s till mid-May of the current fiscal year.</p>
<p>
	Similarly, another neighboring country, China is hot on the heels of India with commitment of Rs 83.67 FDI to Nepal.</p>
<p>
	According to a report prepared by Nepal Rastra Bank, the first official record of FDI flow to Nepal was in 1951/52 when the Nepal Commercial Corporation was set up as a joint venture with 67 percent equity participation from Indian investors. According to the central bank, there were few cases of foreign investment and technology transfer prior to 1980.</p>
<p>
	Likewise, Nepal started getting foreign investment from China only after 1990.</p>
<p>
	The government has categorized eight different sectors for foreign investment in the country. Among them, construction, production, energy and service sectors get more investment commitment from India. Similarly, China leads the list of countries committing investment in sectors like quarrying, tourism, information technology and agriculture and forestry.</p>
<p>
	Due to the keen interest in hydropower sector of the country by both India and China, it is hard to say which country will be the major investor in Nepal as a single project in this sector receives huge investment.</p>
<p>
	According to the Investment Board of Nepal, a single hydropower project with capacity more than 50 megawatts can fetch over Rs 10 billion investment. In the recent years, China seems keen on investment in hydropower projects in Nepal due to which the country overtake India in the list of chief investor.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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			'id' => '10820',
			'article_category_id' => '266',
			'title' => 'Subisu Offers New Price During Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.',
			'content' => '<p>
	June 3: Subisu Cable Net, a leading Internet, network and television service provider in Nepal, has introduced new price for its clear TV and Internet service so that the customers can enjoy the Cricket World Cup 2019 with good picture quality at attractive price.</p>
<p>
	According to the company, its customers can watch 245 digital channels with 50 HD channels at just Rs 258. Furthermore, customers can enjoy 25 Mbps FTTH Internet and 245 digital channels including 50 HD channels at just Rs 1216.</p>
<p>
	To avail the service at above mentioned prices, customers have to pay an advance of one year. The prices mentioned do not include VAT.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'id' => '10819',
			'article_category_id' => '1',
			'title' => 'Ncell 4G/LTE now Covers over 1,000 Locations Nationwide',
			'sub_title' => '',
			'summary' => 'June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.',
			'content' => '<p>
	June 3: Ncell has expanded its fourth generation (4G)/long term evolution (LTE) service in over 1,000 plus locations across the country, as per its commitment in bringing cutting-edge technologies to its customers.</p>
<p>
	Ncell made the announcement on Sunday, June 2, stating that it has expanded the 4G network coverage, connecting all 7 Provinces and making the service available to people living in over 1,000 locations nationwide. Most of the cities and locations beyond the urban centres will also benefit from mobility access to modern high-speed connectivity now, the company said in a statement.</p>
<p>
	&ldquo;We are delighted to announce the successful and ongoing extension of our 4G connectivity across the nation to including areas beyond cities, ensuring access to modern mobile broadband connectivity to all our customers,&rdquo; said Andy Chong, acting CEO of Ncell. &ldquo;We are confident Ncell&rsquo;s 4G network will contribute towards the Government&rsquo;s Digital Nepal Framework as announced in the budget for the next fiscal year and is aligned with the National Broadband Policy which focuses on broadband infrastructure and increasing access to high-speed internet services.&rdquo;</p>
<p>
	All Ncell customers possessing 4G SIM (U-SIM) and using a 4G compatible handset can use the 4G service which offers better bandwidth and lower latency, enabling customers to use applications seamlessly on mobile devices, provide real-time sharing of large files and media streaming, including immediate delivery of time-sensitive data.</p>
<p>
	Ncell had launched 4G service two years ago on June 1, 2017, from the Kathmandu Valley covering areas nearby like Nagarkot, Banepa and Dhulikhel. The service coverage which was available in 21 cities since 2018 has now been made accessible in over 1,000 locations including Biratnagar, Itahari, Janakpur, Bharatpur, Bhairahawa, Butwal, Baglung, Nepalgunj, Tulsipur, Tamghas, Palpa, Krishnanagar, Bardibas, Rajbiraj, Malangwa, and Dhankuta, among others.</p>
<p>
	Ncell customers who have not upgraded their SIM to 4G SIM yet can easily acquire Ncell&rsquo;s 4G SIM with the same mobile number at just Rs 1 by visiting nearby Ncell Centre. With the SIM upgrade, which can be done simply by furnishing original document (citizenship certificate or driving license), the customers will also receive 1GB of 4G data with a validity of 7 days for free that can be used during the day (5 am to 5 pm).</p>
<p>
	According to Ncell, the 4G service has been expanded in 44 districts within two years of its launch, as part of the company&rsquo;s commitment to expand the 4G/LTE in different parts of the country. Apart from increasing access to 4G, Ncell plans to continue to bring more exciting offers to the customers.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10570',
			'image' => '20190603011702_anfr-antennes-4G-activees-orange.jpg',
			'article_date' => '2019-06-03 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '10818',
			'article_category_id' => '218',
			'title' => 'Laxmi Bank’s Cricket World Cup Offer',
			'sub_title' => '',
			'summary' => 'June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform “Ctrl O”. ',
			'content' => '<p>
	June 3: Laxmi Bank in association with F1 Soft has launched a promotion campaign for its digital account opening platform &ldquo;Ctrl O&rdquo;. Customers opening savings accounts during the ongoing ICC Cricket World Cup 2019 through the digital platform will be eligible to earn Rs 500 mobile balance top up on first mobile money transaction along with free complete e-banking package, according to the bank. The bank said in a statement that the customers can access the digital application from the bank&rsquo;s website and will need to visit the branch only once to complete the process.</p>
<p>
	Laxmi Bank said it strongly encourages paperless account opening process supported by a wide range of digital transaction channels.</p>
<p>
	&ldquo;We expect the World Cup campaign based on Ctrl O digital account opening platform to make a small contribution to a cleaner, greener world,&rdquo; the statement said, adding that the bank continues to adopt technology, process, and products which result in substantial reduction of its carbon footprint to develop a responsible, sustainable business.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
			'modified' => '2019-06-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10569',
			'image' => '20190603010626_laxmi.jpg',
			'article_date' => '2019-06-03 00:00:00',
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	(int) 5 => array(
		'Article' => array(
			'id' => '10817',
			'article_category_id' => '1',
			'title' => 'Commercial Banks Fail to Meet the Lending Criteria Set by Central Bank',
			'sub_title' => '',
			'summary' => 'June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank.',
			'content' => '<p>
	June 3: Commercial banks have failed to issue loan to the agriculture, energy and tourism sectors according to the criteria set by Nepal Rastra Bank. However, the commercial banks have provided loan to the deprived sector is more than the ceiling set by the central bank.</p>
<p>
	According to the criteria set by the central bank, out of the total loan issued by the commercial banks a minimum of 10 percent should be provided to the agriculture sector while the energy and tourism sectors should get 15 percent of the loan. Likewise, the central bank has set a ceiling of minimum 5 percent for the deprived sector lending.</p>
<p>
	However, the commercial banks have provided only 9 percent loan to the agriculture sector while the energy and tourism sectors have received 8.1 percent loan as of April 13, 2019. The loan provided to the deprived sector is 6 percent of the total loans of the commercial banks.</p>
<p>
	During the review period, commercial banks have provided a total of Rs 417.86 billion loan to the energy and tourism sectors.</p>
<p>
	The central bank has clearly stated that if any commercial bank cannot lend the amount to any sector as per the criteria set by it, then the banks should borrow from other banks and meet the requirement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-03',
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			'sortorder' => '10568',
			'image' => '20190603123528_NRB Facebook.jpg',
			'article_date' => '2019-06-03 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '10816',
			'article_category_id' => '1',
			'title' => 'Market Watch of June 1 (Sunday) ',
			'sub_title' => '',
			'summary' => 'market is not able to take neither bearish trend nor bullish trend. ',
			'content' => '<p style="text-align: center;">
	<strong>Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Current Price (CMP): 1305.68</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Jestha:</strong></p>
<p style="margin-left: 40px;">
	O: 1319.47<br />
	H: 1319.96<br />
	L: 1304.53<br />
	C: 1305.68</p>
<p>
	<strong>Pivot for 20<sup>th</sup> Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632">
	<tbody>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;height:34px;">
				<p style="text-align: center;">
					<strong>1284.72</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1294.63</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1300.15</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1310.06</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1315.58</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1325.49</strong></p>
			</td>
			<td style="width:92px;height:34px;">
				<p style="text-align: center;">
					<strong>1331.01</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:84px;height:28px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;height:28px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:84px;height:37px;">
				<p style="text-align: center;">
					<strong>1,263.64</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,286.77</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,303.12</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,326.25</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,342.6</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,365.73</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p style="text-align: center;">
					<strong>1,382.08</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for Month of Jestha: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p style="text-align: center;">
					<strong>1,082.82</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,132.34</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,223.9</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,273.42</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,364.98</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,414.5</strong></p>
			</td>
			<td style="width:91px;">
				<p style="text-align: center;">
					<strong>1,506.06</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p style="margin-left: 40px;">
	On Month of Baisakh: 1,803.05 Crores<br />
	Volume of this week (29<sup>th</sup> Baisakh &ndash; 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br />
	Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br />
	Volume of 3<sup>rd</sup> Week of Jestha: NRs. 433.14 Crores<br />
	16<sup>th</sup> Jestha: Nrs. 152.81 Crores<br />
	19<sup>th</sup> Jestha: Nrs. 75.32 Crores</p>
<p>
	<strong>Commentary:</strong></p>
<p>
	1. Today market has remained negative throughout the day. Along with the market other sub indices are also negative. NEPSE Market has lost 1.05% likewise Sensitive also lost 1.08%.</p>
<p>
	2. Today high and open was on the same point for NEPSE Market.</p>
<p>
	3. The volume today has decreased in comparison to that of last traded volume.&nbsp;</p>
<p>
	4. Out of 11 Sub-indices only 2 of them are positive. Today at the noticeable changes are loss of Banking by 1.17%, Hydropower by 1.75% and Others by 1.63%.</p>
<p>
	5. The CMP of 19<sup>th</sup> Jestha is below the pivot of 20<sup>th</sup> Jestha and below the weekly pivot but above the monthly pivot.</p>
<p>
	6. Both of the Sensitive and NEPSE Market had dropped today with similar kind of fluctuations.</p>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Scrips by turnovers:</strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>Turnover</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Closing Price</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PIC</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 13.02 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>1,173</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SHIVM</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 9.37 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>671</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>NBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.44 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>335</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PRVU</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 4.25 &nbsp;Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>277</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPPER</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>NRs. 3.43 Crores</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>286</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Gainers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>KNBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>178</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>TRH</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>280</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>25</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>MHNL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>110</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>6</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>UPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>100</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>5</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GFCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>129</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>4</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Top 5 Losers: </strong></p>
<table border="1" cellpadding="0" cellspacing="0" width="602">
	<tbody>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>Scrips</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>LTP</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>Point Change</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>PPCL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>147</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GRDBL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>113</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-11</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>SDESI</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>606</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-39</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>HURJA</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>152</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-8</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:200px;">
				<p style="text-align: center;">
					<strong>GMFIL</strong></p>
			</td>
			<td style="width:202px;">
				<p style="text-align: center;">
					<strong>126</strong></p>
			</td>
			<td style="width:199px;">
				<p style="text-align: center;">
					<strong>-6</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p style="text-align: center;">
	&nbsp;</p>
<p>
	<strong>Sector Wise Summary: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Sector</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover Values</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Turnover volume</strong></p>
			</td>
			<td style="width:160px;height:33px;">
				<p style="text-align: center;">
					<strong>Total Transaction</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>Commercial Banks</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>NRs. 24.87 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>820,756</strong></p>
			</td>
			<td style="width:160px;height:29px;">
				<p style="text-align: center;">
					<strong>2,636</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>Finance</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>NRs. 0.78 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>61,836</strong></p>
			</td>
			<td style="width:160px;height:34px;">
				<p style="text-align: center;">
					<strong>168</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Hotels</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 12.30 Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>65,359</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>154</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>Manufacturing And Processing</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>NRs. 9.47 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>140,812</strong></p>
				<p style="text-align: center;">
					&nbsp;</p>
			</td>
			<td style="width:160px;">
				<p style="text-align: center;">
					<strong>810</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Others</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 2.16 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>41,975</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>206</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>Hydro Power</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>NRs. 7.28 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>338,860</strong></p>
			</td>
			<td style="width:160px;height:36px;">
				<p style="text-align: center;">
					<strong>2,171</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Non Life Insurance</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 15.98 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>158,093</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>1,591</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Development Banks</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 6.33 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>323,856</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>799</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Mutual Fund</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 0.03 Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>38,354</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>16</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>Promoter Share</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>NRs. 1.68 &nbsp;Crores</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>26,431</strong></p>
			</td>
			<td style="width:160px;height:41px;">
				<p style="text-align: center;">
					<strong>61</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p style="text-align: center;">
	<img alt="" src="/app/webroot/userfiles/images/s%2810%29.JPG" style="width: 745px; height: 475px;" /></p>
<p style="text-align: center;">
	<strong>Pic. Showing Sensitive Candle Stick Chart</strong></p>
<p>
	<strong>Analysis: </strong></p>
<p>
	1. The CMP of 19<sup>th</sup> Jestha is below the Pivot of 20<sup>th</sup> Jestha and the volume is lower than that of the last traded volume. We can see the excess drop in volume and points of the Market which might be the result of the Budget Speech of this fiscal year.</p>
<p>
	2. Observing the candle stick patterns of today, it is &ldquo;Opening Black Marubozu&rdquo;.&nbsp; The shorter the shadow is, the more negative the candle&#39;s significance.</p>
<p>
	3. Market still now is in the Choppy trend ranging 1300 to 1320 in order to make new high market needs to cross 1320 or for new low it must go below 1320. It&rsquo;s been long time that the market is in choppy trend. When will the market break the trend?</p>
<p>
	4.This pattern formed today signifies that the sellers are in absolute control of the market. There is so much selling pressure in the stock (or instrument) that the market participants are willing to sell the stock at every price point during that session. Therefore the price of the stock closed near its low point for that session.</p>
<p>
	5. The real expectation is that with this sharp change in sentiment there will have a surge of bearishness and the bearishness will continue over the next few trading sessions. Hence a trader should look for selling opportunities after the occurrence.&nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 7 => array(
		'Article' => array(
			'id' => '10815',
			'article_category_id' => '1',
			'title' => 'Students of Silver Mountain School of Hotel Management Unite against Pollution ',
			'sub_title' => '',
			'summary' => 'June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.',
			'content' => '<p>
	June 2: Group of students currently enrolled for the undergraduate course at Silver Mountain School of Hotel Management is organizing a special event to fight against pollution on the World Environment Day on June 5.</p>
<p>
	The 2016 batch students informed New Business Age that they are organizing the event with the slogan #BeatTheAirPollution to inspire little efforts to fight against the big problem of air pollution. &nbsp;&nbsp;</p>
<p>
	Sudhrishya Giri, coordinator of the event, informed NBA that current status of world environment is worrisome due to increasing pollution. Giri further said that that the increased green-house emission has caused global warming which is causing unprecedented damage to the planet causing extinction of endangered species.</p>
<p>
	&ldquo;We are organizing a special event to fight against pollution rather than just limiting it to slogans,&rdquo; added Giri. &nbsp;</p>
<p>
	The students are planning to bring entrepreneurs and stakeholders together to focus on environment-friendly practices.</p>
<p>
	The students said that representatives from Tyre Treasure, Doko Recyclers, Yeti Airlines, Vegan Dairy Nepal, SmartPaani and Leaf Plus among other companies will join the event to unite against pollution.</p>
<p>
	Additionally, the students will exhibit art and handicraft works created from waste materials such as plastic bottles and scraps along with research-driven presentations during the event.</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10566',
			'image' => '20190602030107_pollution.jpg',
			'article_date' => '2019-06-02 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '10814',
			'article_category_id' => '1',
			'title' => 'Nepali Importers Denied Cargo Tracking Service',
			'sub_title' => '',
			'summary' => 'June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.',
			'content' => '<p>
	June 2: The Electronic Cargo Tracking System (ECTS) is in place for goods transported to Birgunj and Bathnaha railway station near Biratnagar from Indian ports in Kolkata and Visakhapatnam, but the Nepali importers so far have not been able to track their containers transported through railway.</p>
<p>
	The ECTS service provider says that the government agencies of Nepal and India as well as the importers can track their goods using the tracking system. However, the tracking service is not yet available for the Nepali importers even though it has already been over three months since the implementation of the tracking system, according to Ganesh Prasad Lath, a Nepali importer.</p>
<p>
	The system came into effect on February 15 for goods transported from Kolkata while it was in use for goods transported from Visakhapatnam since two years.</p>
<p>
	Lath, who is also a central committee member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the Nepali importers are not getting the tracking service from both the ports.</p>
<p>
	The unavailability of the tracking service has cast a doubt among the importers that the system might have been introduced just to charge extra amount from them. They have complained that the ECTS is adding financial burden without rendering the service.</p>
<p>
	Nava Raj Dhakal, joint secretary at the Ministry of Industry, Trade and Supply, said that the problems have emerged as the ECTS in in the testing phase.</p>
<p>
	&ldquo;Some technical glitches might have appeared as we are in the initial phase of implementing the tracking system. The problems will be resolved gradually,&rdquo; said Dhakal.</p>
<p>
	The ECTS was introduced to minimize the cost of trading by removing the documentation process in the ports. Ironically, the direct transshipment of goods using ECTS has become more costlier.</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10565',
			'image' => '20190602024831_ECTS Device.jpg',
			'article_date' => '2019-06-02 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '10813',
			'article_category_id' => '1',
			'title' => 'Government Offices in Chitwan not paying Electricity Bills',
			'sub_title' => '',
			'summary' => 'June 2:  Several government offices in Chitwan district have failed to pay their electricity bills on time.',
			'content' => '<p>
	June 2: &nbsp;Several government offices in Chitwan district have failed to pay their electricity bills on time. The accrued amount is rising due to the negligence in clearing the dues.</p>
<p>
	Majority of the government offices have said that they have not been able to pay the electricity bills because of the allocation of very limited budget for running their offices.</p>
<p>
	Altogether 17 government offices of Chitwan including the District Administration Office, District Coordination Committee, Junior Police Officers Training School, &nbsp;Narayani Lift Khageri Irrigation Management Division have failed to clear their electricity dues.</p>
<p>
	The highest amount of dues is that of the street lights, which is internally managed after the concerned ministry releases the amount.</p>
<p>
	According to Nepal Electricity Authority (NEA), a total of Rs 306.7 million for the street lights is pending.</p>
<p>
	According to Suresh Mahato, chief of the district office of NEA, the government offices have ignored their repeated requests to clear the dues.</p>
<p>
	He said that the electricity office is unable to disconnect the lines of the government offices are they are located in sensitive areas.</p>
<p>
	&ldquo;We have written letters to all the government offices in this regard. If they fail to clear the dues within 15 days, we will take necessary action,&rdquo; said Mahato.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'modified' => '2019-06-02',
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			'image' => '20190602022145_nea.jpg',
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	(int) 10 => array(
		'Article' => array(
			'id' => '10812',
			'article_category_id' => '266',
			'title' => 'The British College Organises Job Fair',
			'sub_title' => '',
			'summary' => 'June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.',
			'content' => '<div>
	June 2: The British College inaugurated a job fair on the college premises on Friday, May 31.</div>
<div>
	&nbsp;</div>
<div>
	According to a statement issued by the college, this job fair provides an opportunity for industries to discover the talents of students who just graduated and are ready for the world of employment.</div>
<div>
	&nbsp;</div>
<div>
	According to the college, the HR professionals of 15 participating companies including Braindigit, Cloudfactory, Premier Insurance, Classic Tech, IMS Group, ITONICS Nepal, Sipradi Trading, Verisk Nepal, Pepsi, Chaudhary Group, Deba Jyoti Group, Spiralogics, Subisu Cable Net, UBA Solutions, and Myriad X interviewed the students to fill their vacancies for a number of different positions.</div>
<div>
	&nbsp;</div>
<div>
	During the job fair, the MD of Merojob shared, &ldquo;The six-day fair has been organised to establish a connection between employers and unemployed youths and to create job opportunities for youths. We are organising this fair to solve the problem of unemployment by bringing the youths searching for jobs, and companies looking for aspiring youths together.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The event coordinator of The British College shared that the job fair is being organised to bridge the gap between the students and industries.</div>
<div>
	&nbsp;</div>
<div>
	The British College thanked Merojob for its support in organising the job fair. The college also thanked the management team of all the participating organisations &ldquo;who gave time even during their busy schedules&rdquo;.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
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			'image' => '20190602015527_job placement.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '10811',
			'article_category_id' => '1',
			'title' => 'Karnali Province Struggling to Spend Development Budget',
			'sub_title' => 'Only 17 Percent Budget Spent on Development Works in 11 Months of Current FY',
			'summary' => 'June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. ',
			'content' => '<p>
	June 2: Karnali Province had announced an ambitious budget for the current fiscal year but is finding it a tough job to spend on the development works with the fiscal year about to end. Almost 11 months of the current fiscal year has elapsed but the provincial government has been able to spend only 17 percent of the budget allocated for development works.</p>
<p>
	The provincial government has blamed its inability to spend on lack of manpower and legal hurdles.</p>
<p>
	Karnali Province had announced a total budget of Rs 28.28 billion out of which Rs 21.24 billion was allocated for development purpose. The provincial ministers have blamed the federal government for the poor spending on development head.</p>
<p>
	Provincial Minister for Financial Affairs and Planning Krishna Jwala blamed the federal government for the lacklusture performance of the provincial government.</p>
<p>
	He said that the provincial government could not spend on development projects as the federal government deputed civil servants quite late.</p>
<p>
	According to Minister Jwala, more than 50 percent of government staffers are yet to join their office due to which the development works have been pushed back.</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10562',
			'image' => '20190602014149_44.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '10810',
			'article_category_id' => '266',
			'title' => 'NIBL ties up with HAMS',
			'sub_title' => '',
			'summary' => 'June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.',
			'content' => '<p>
	June 2: Nepal Investment Bank Limited (NIBL) has signed an agreement with Hospital for Advanced Medicine and Surgery (HAMS) to provide special discount to its Visa/Mastercard holders and staff along with their dependents.</p>
<p>
	According to the bank, its CEO Jyoti Prakash Pandey and the chairman of HAMS, Rajan Singh Bhandari, signed the agreement amid a recent function.</p>
<p>
	A statement issued by the bank of May 31 informs that all the employees of NIBL and VISA/Mastercard holders will get 10 percent discount at the hospital and 5 percent at HAMS pharmacy.</p>
<p>
	HAMS is a multi-disciplinary hospital situated in Dhumbarahi, Kathmandu which has been providing &ldquo;quality&rdquo; healthcare service for over 22 years.</p>
<p>
	NIBL has been providing banking service from 80 branches, 112 ATMs, 14 extension counters, 10 revenue collection counters and 51 branchless banking counters.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 13 => array(
		'Article' => array(
			'id' => '10809',
			'article_category_id' => '236',
			'title' => 'Bajaj’s new Showroom in Morang',
			'sub_title' => '',
			'summary' => 'June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.',
			'content' => '<p>
	June 2: Hansraj Hulaschand and Co, the sole authorized distributor of Bajaj motorcycles in Nepal, has launched a new showroom in Biratchowk of Morang.</p>
<p>
	HH Bajaj said in a statement that the company expanded its network by adding the new showroom named &ldquo;Manakamana Automobiles&rdquo; in Biratchowk with an aim to provide high quality services to the customers of Morang.</p>
<p>
	HH Bajaj further said that the new showroom will make it easier for the customers to access bikes spare parts, sales, services and accessories.</p>
<p>
	&ldquo;This in turn helps HH Bajaj to strengthen its sales and serve the customers all across the country,&rdquo; the statement added.</p>
<p>
	During the inauguration ceremony, the company&rsquo;s General Manager Yogain Gurung, said, &ldquo;We are very pleased to launch the new showroom at Biratchowk, Morang. The growing demand of customers has motivated us to expand our reach over there. With this expansion, the customers of Morang will benefit in many ways.&rdquo; &nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-06-02',
			'modified' => '2019-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10560',
			'image' => '20190602123221_bajaj.jpg',
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		'Article' => array(
			'id' => '10807',
			'article_category_id' => '236',
			'title' => 'Bela Motors Assembling Electric Vehicles in Nepal',
			'sub_title' => '',
			'summary' => 'May 31: The government’s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.',
			'content' => '<p>
	May 31: The government&rsquo;s decision to promote electric vehicles in Nepal has encouraged many investors including Bela Motors to invest in electric vehicle assembling projects within the country.</p>
<p>
	Bela Motors has been assembling electric motorbikes and scooters in Nepal since the past eight months.</p>
<p>
	Rajesh Maharjan, marketing manager of Bela Motors, informed New Business Age that the company is currently assembling Dayuro, Extro, Gloria and Dolsi brands of electric scoters and T 5 and T 3 electric bikes at its garage situated in Baluwatar.</p>
<p>
	So far, the company has successfully assembled 40 electric bikes and 280 electric scoters.</p>
<p>
	Likewise, the company already has sold 256 electric vehicles it assembled in Nepal.</p>
<p>
	According to the company, the price of all four brands of electric scooters is Rs 130,000, while the price of T3 bike is Rs 160,000 and T 5 bike costs Rs 210,000.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-31',
			'modified' => '2019-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10559',
			'image' => '20190531033543_latest_1.jpg',
			'article_date' => '2019-05-31 00:00:00',
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			'breaking_news' => false,
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FOREX

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)

Bullion

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

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00