Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '10610',
			'article_category_id' => '266',
			'title' => 'Giri Appointed CEO of CBIL Capital',
			'sub_title' => '',
			'summary' => 'May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.',
			'content' => '<p>
	May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.</p>
<p>
	The board of directors (BOD) of CIBL Capital approved the decision to appoint Giri as the CEO on April 30.</p>
<p>
	According to the BOD decision, Giri will take on the responsibilities of the CEO of the merchant bank from May 3.</p>
<p>
	CIBL in a statement said that the position of CEO of the merchant bank remained vacant since the departure of its previous CEO Samir Prasad Dahal to Citizens Bank International.</p>
<p>
	&ldquo;The BOD decided to appoint Navaraj Giri as the new CEO to fill the vacant position,&rdquo; the statement added.</p>
<p>
	CIBL is a subsidiary of Citizens Bank International and has been performing various services related to share and capital market.</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10609',
			'article_category_id' => '1',
			'title' => 'Market Watch 3rd May(Friday) ',
			'sub_title' => '',
			'summary' => 'Today market has remained negative like yesterday. Likewise the other indexes are also negative.',
			'content' => '<p>
	<strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Article for 22<sup>nd</sup> Baisakh:</strong></p>
<p>
	<strong>Current Price (CMP): 1294.39</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Baisakh:</strong></p>
<p>
	<strong>O: 1298.60<br />
	H: 1300.43<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for 22<sup>nd</sup> Baisakh:</strong></p>
<table align="center" border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>1,267.27</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,275.11</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,284.75</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,292.59</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,302.23</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,310.07</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,319.71</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<strong>OHLC Update 3<sup>rd</sup> Week of Baisakh:</strong></p>
<p>
	<strong>O: 1292.12<br />
	H: 1322.95<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Baisakh: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;height:37px;">
				<p>
					<strong>1,237.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,260.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,277.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,300.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,317.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,340.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,357.24</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for this month: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>1077.31</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1104.17</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1144.09</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1170.95</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1210.87</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1237.73</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1277.65</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p>
	<strong>2<sup>nd</sup> week of Baisakh (8<sup>th</sup> &ndash; 12<sup>th</sup>): NRs. 494.44 Crores </strong></p>
<p>
	<strong>3<sup>rd</sup> week of Baisakh (15<sup>th</sup> &ndash; 19<sup>th</sup>): NRs. 439.77 Crores </strong></p>
<p>
	<strong>19<sup>th</sup> Baisakh: Nrs. 58 Crores</strong></p>
<p>
	<strong>Commentary:</strong></p>
<div>
	<strong>&bull;Today market has remained negative like yesterday. Likewise the other indexes are also negative.&nbsp;</strong></div>
<div>
	<strong>&bull;The volume today is smaller than that of yesterdays traded volume.&nbsp;</strong></div>
<div>
	<strong>&bull;All of 10 Sub-indices except Hotels, Non Life Insurance and Manu.&amp; Pro. are positive today.&nbsp;</strong></div>
<div>
	<strong>&bull;The noticeable changes on the Sub- Indices are of Non Life Insurance by 37.55 and Manu.&amp; Pro. By 38.08.&nbsp;</strong></div>
<div>
	<strong>&bull;The CMP of 19th Baisakh is above the pivot of 22nd Baisakh and the monthly pivot but below the weekly pivot.</strong></div>
<div>
	<strong>&bull;Today NEPSE Market lost 4.21 points and the turnover of 19th Baisakh is only 58 Crores .&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<p>
		<strong>Top 5 Scrips by turnovers:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0" width="602">
		<tbody>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>Turnover</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Closing Price</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 4.35 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>314</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NLIC</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.48 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>1,002</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.47 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>342</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.01 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>155</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. &nbsp;1.89 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>970</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP </strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change </strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>HDL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>1,479</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>74</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>344</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>16</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UPCL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>102</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>4</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>BNT</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>6,850</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>250</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>PRVUPO</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>165</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>6</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UMHL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>113</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NEF</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>8.46</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-0</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>EDBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>300</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-15</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SINDU</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>130</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>RRHP</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>93</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-4</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<p>
		<strong>Sector Wise Summary:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0">
		<tbody>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Sector</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover Values</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover volume</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Total Transaction</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:29px;">
					<p>
						<strong>Commercial Banks</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>NRs. 38.5 Crores</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>1,289,448</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>3,344</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Finance</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>NRs. 0.32 Crores</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>25,112</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>106</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Hotels</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.99 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>27,937</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>64</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Manufacturing And Processing</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.74 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>22,114</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>145</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:35px;">
					<p>
						<strong>Others</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>NRs. 0.83 Crores</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>27,667</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>143</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:36px;">
					<p>
						<strong>Hydro Power</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>NRs. 13.49 Crores</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>603,974</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>2,175</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Non Life Insurance</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 6.27 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>110,875</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>610</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Development Banks</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 3.19 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>152,750</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>508</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Mutual Fund</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.33 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>335,963</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>72</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Tradings </strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.01&nbsp; Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>70</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>5</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<div>
		<strong>Analysis:&nbsp;</strong></div>
	<div>
		<strong>1.The market found increasing number of sellers when the market resistant reached 1320 for booking profit.</strong></div>
	<div>
		<strong>2.Market can expect prominent buyers at 1260 to 1280 so this can lead to increase in transactions.</strong></div>
	<div>
		<strong>3.Breaking below 1240 will be a big event while breaking above 1330 can be silver shining for NEPSE.</strong></div>
	<div>
		<strong>4.The upcoming closing of Baisakh may weigh in the market and give us some idea about days ahead. Still, the Fourth closing of the fiscal year will be risk mitigating period for the corporate rather than going aggressive in the market</strong></div>
	<div>
		&nbsp;</div>
</div>
<p>
	&nbsp;</p>
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			'article_category_id' => '1',
			'title' => 'NOC Hikes Prices of Petroleum Products ',
			'sub_title' => '',
			'summary' => 'May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.',
			'content' => '<p>
	May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.</p>
<p>
	The state-owned petroleum monopoly, issuing a press statement, said that the price of petrol has been increased by Rs 1.50 per liter and diesel and kerosene by Re 1 per liter.</p>
<p>
	With the price adjustment, petrol now costs Rs 111.50 per liter, and diesel and kerosene Rs 98 per liter. The NOC, however, didn&rsquo;t make any adjustments to the price of Liquefied Petroleum Gas (LPG) and Air Turbine Fuel (ATF). Before the adjustment, the price of petrol was Rs 110 per liter, while the price of diesel and kerosene was Rs 98 per liter.</p>
<p>
	NOC said the price has been adjusted after Indian Oil Corporation increased the price of the products being supplied to Nepal.</p>
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: The government had set a target of taking internal loan of Rs 172 billion in the current fiscal year. However, with just two months remaining in FY 2018/19, the government is yet to take the loan. Concern officials have termed this as an achievement of the government,</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">A high-ranking official at the Ministry of Finance told New Business Age that the government was always careful about austerity measures since its formation. That is the reason why the government did not require to borrow internal loan although it had set a target to take such loan.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Although the government did not show much interest to acquire internal loan, it seems that the government is active in lobbying for foreign loan and assistance. As a result, the government has got assurance of Rs 112 billion foreign aid, which the government considers as another achievement.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">An official at the Ministry of Finance said that the government did not take internal loan as it would have caused liquidity crunch and the government would have to bear the burden of paying interest.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Normally, the government takes internal loan after failing to meet the expenses from revenue collection. The government can raise internal loan by issuing development bonds, foreign employment bonds, national saving bonds, citizens saving bond and treasury bill.</span></p>
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			'summary' => 'May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. ',
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. He made such remarks while addressing the 13<sup>th</sup> meeting of the finance ministers of SAARC region during the 52<sup>nd</sup> board of governors annual meeting of the Asian Development Bank in Fiji on Thursday, May 2. </span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Minister Khatiwada claimed that South Asia has a good reputation in the world economy but the region lags behind due to lack of inter-country road connectivity. He further said that the inter-country trade could have been increased up to three times had there been good network of roads to link the regional countries but due to lack of proper road connectivity, the trade between the countries is minimal.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He also informed the meeting that Nepal has achieved a historic feat by maintaining economic growth of more that 6 percent for three consecutive years.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He said that it was normal to bear trade deficit when the country has been achieving high economic growth rate.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Finance Minister Khatiwada held separate bilateral meetings with the representatives of ADB, European Investment Bank, OPEC and the Department of Treasury of the USA on Thursday.</span></p>
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		'Article' => array(
			'id' => '10605',
			'article_category_id' => '1',
			'title' => 'Nepal Rastra Bank Approves 8 Companies to Start Digital Wallet Service',
			'sub_title' => '',
			'summary' => 'May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.',
			'content' => '<p>
	May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.</p>
<p>
	Besides, the central bank has also approved the Letter of Intent of 35 other companies.</p>
<p>
	At present, electronic-payment companies in Nepal are witnessing tough competition for operating their digital wallet service.</p>
<p>
	The arrival of new companies in the service has raised the competition to a higher level for all the online payment gateways.</p>
<p>
	Twelve different companies are operating online payment service in Nepal out of which only eight have been approved for operation by Nepal Rastra Bank.</p>
<p>
	The Payment System Department of Nepal Rastra Bank said in a statement that it has approved letter of intent (LOI) of 35 different digital wallet companie<strong>s.</strong></p>
<p>
	According to the provision of Nepal Rastra Bank, the companies receiving LOI must receive the approval for operation certificate within six month for operating e-payment services.&nbsp;</p>
<p>
	Nepal Rastra Bank has given the license of &nbsp;Payment System Operator to Prabhu Technology, Nepal Clearing House Limited and Smart Choice Technology.</p>
<p>
	Likewise, IME Digital Solution Limited , e-Sewa Phone Pay Pvt Ltd, Salecom Pvt Ltd, CG Pay Nepal Pvt Ltd Khalti Digital Wallet have been approved as Payment Service Provider by the central bank of Nepal.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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		'Article' => array(
			'id' => '10604',
			'article_category_id' => '266',
			'title' => '15th REMA Course Concludes',
			'sub_title' => '',
			'summary' => 'May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. ',
			'content' => '<p>
	May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. The course provided the participants with training of real estate-related skills including research, purchase and sales, real estate marketing agent and investment. Those who aspire to build up their career in real estate marketing had participated in the programme, reads a statement issued by the company.</p>
<p>
	Brihat Property Solution is one of the six companies of Brihat Group that has been contributing to real estate sector of the country.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 7 => array(
		'Article' => array(
			'id' => '10603',
			'article_category_id' => '1',
			'title' => 'Construction of Cold Store in Final Stage  ',
			'sub_title' => '',
			'summary' => 'May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction.',
			'content' => '<p>
	May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction. The store is being built under Chitwan-Chanauli&nbsp;Cold Store Project.</p>
<p>
	The cold store is being built at an investment of Rs 150 million. According to Tirtha Ram Regmi, president of the cold store, it is being built with an aim of starting operation by January next year. The store will have a capacity to hold 2500 metric tons of degradable goods.</p>
<p>
	&ldquo;After the completion of the store, the farmers from the neighboring districts will also benefit. As a result, the production will not go wasted,&rdquo; Regmi added. Agricultural, dairy, and meat products will be stored in the cold store.</p>
<p>
	According to Surya Mani Poudel, executive director and secretary of the store, the cold store will be a five-storey modern building with elevators. &ldquo;The ground floor will store meat products, and other floor will also be managed accordingly. After the completion of the construction, there will be no milk holiday and chicken holiday,&rdquo; he adds.</p>
<p>
	The store is under construction since 2014, and is considered as a modern cold store of the whole central region. The products stored in the store will be sold in the off-season.</p>
<p>
	The store has been built by 50 percent share from the Cooperative Department of the Provincial government, and 50 percent share from the cooperatives and farmers associated with it. &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'article_category_id' => '1',
			'title' => 'Do not Distribute Bonus during Loss: Supreme Court',
			'sub_title' => '',
			'summary' => 'May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.',
			'content' => '<p>
	May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.</p>
<p>
	The apex court ruling comes in the wake of a writ petition filed at the SC against the interference of the Commission for the Investigation of Abuse of Authority, the Ministry of Finance and Nepal Rastra Bank against the distribution of bonus by Nepal Bank Limited.</p>
<p>
	In a response to the writ petition, a joint bench of justices of Ishwor Prasad Khatiwoda and Bam Kumar Shrestha issued the final verdict 10 months ago but the full text of the verdict was published only on Tuesday, March 2. &nbsp;</p>
<p>
	It is not appropriate to distribute bonus if the institution is in loss, reads the verdict.</p>
<p>
	Earlier, when the bank was about to distribute bonus of three years in 2012/13, a complaint had been filed at the CIAA to stop the process which the complainants said was illegal. After investigation, the CIAA has issued an order to the bank to stop distributing bonus. The CIAA had also sent a copy of the order to the finance ministry and the central bank. The central bank and the finance ministry had separately written to Nepal Bank not to distribute the bonus.</p>
<p>
	Bhuwaneshwor Ghimire, central committee chair of Nepal Bank chapter of Nepal National Employees Organisation moved the SC arguing that the letters of the CIAA and the finance ministry and NRB had violated their right to receive bonus.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10353',
			'image' => '20190502050731_20190426123209_20190423120539_supreme-court.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '10601',
			'article_category_id' => '218',
			'title' => 'Shrestha Reappointed Chairman of Century Commercial Bank',
			'sub_title' => '',
			'summary' => 'May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank’s chairman. ',
			'content' => '<p>
	May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank&rsquo;s chairman. Issuing a statement, the bank said that a meeting of the board of directors of the bank on April 26 unanimously appointed Shrestha as the chairman.</p>
<p>
	Shrestha has been the chairman of the bank since the last three years.</p>
<p>
	Meanwhile, the bank&rsquo;s general assembly has approved the distribution of 2 percent bonus share and 4.5 percent dividend to its shareholders.</p>
<p>
	The bank said its paid-up capital will reach Rs 8.41 billion after issuing the bonus share. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10352',
			'image' => '20190502034027_oath.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '10600',
			'article_category_id' => '218',
			'title' => 'NIC Asia Bank’s Cash-Back Offer',
			'sub_title' => '',
			'summary' => 'May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.',
			'content' => '<p>
	May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.</p>
<p>
	Under this offer, the bank&rsquo;s customers using debit/credit cards or mobile banking to make payment will get a refund of 10 percent or maximum Rs 1000.</p>
<p>
	According to the bank, this offer is valid for making payment with the card to Daraz online portal, Khalti digital wallet, any other e-payment as well as payment through QR code system.</p>
<p>
	The customers will also get cash-back for top-up on NTC and Ncell network through the bank&rsquo;s mobile banking app.</p>
<p>
	This offer is valid for one day only, the bank said in a statement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10351',
			'image' => '20190502023813_NIC.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
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	(int) 11 => array(
		'Article' => array(
			'id' => '10599',
			'article_category_id' => '266',
			'title' => 'Sipradi Trading Bags the Best ‘International Distributor Award 2018’',
			'sub_title' => '',
			'summary' => 'May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious 'Distributor of the Year' award for the year 2018 at the International Distributors’ Meet held recently in Dubai, the UAE.',
			'content' => '<p>
	May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious &#39;Distributor of the Year&#39; award for the year 2018 at the International Distributors&rsquo; Meet held recently in Dubai, the UAE.</p>
<p>
	According to the company, the annual meet of Tata Motors took place with the aim of acknowledging the performance of its distributors worldwide where various categories of awards were given for the exceptional performances of the distributors.</p>
<p>
	Sipradi Trading said in a statement that the award is a recognition of extraordinary performance shown by the company.&nbsp;&nbsp;</p>
<p>
	In addition to this, Sipradi Trading claimed that it bagged 10 other awards in different categories such as Distributor of the Year, New Product Introduction, Best Customer Care, Value Added Services, Best Spare Parts Retail, Network Development among others.</p>
<p>
	&ldquo;The company firmly believes that this success would not have been possible without the trust of all the customers, hard work of the employees as well as support from the media houses,&rdquo; the statement added.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10350',
			'image' => '20190502021121_Distributor of the year - 3.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '10598',
			'article_category_id' => '1',
			'title' => 'Beekeeping Generating Good Income in Sisne',
			'sub_title' => '',
			'summary' => 'May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn’t have to migrate to foreign countries in the search of employment opportunities.',
			'content' => '<p>
	May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn&rsquo;t have to migrate to foreign countries in the search of employment opportunities. Khadka has been earning Rs 950,000 every year by involving in beekeeping in his own village. Om Prakash has 111 beehives.</p>
<p>
	Khadka says he has earned up to Rs 550,000 in a season by selling 600 kilograms of honey. Honey is traded in Rukum at Rs 2,000 per 2.4 kilograms (dharnee).</p>
<p>
	Likewise, Kamlal Khadka, also a resident of Sisne Rural Municipality-3, Pokhara, has also been involved in beekeeping for 10 years now. He has been earning Rs 700,000 annually by selling honey in the market. Kamlal shares he has earned up to Rs 400,000 in a single season by selling 480 kilograms of honey. Kamlal has 80 beehives.</p>
<p>
	Similarly, Dil Bahadur Khadka is earning Rs 600,000 annually with his involvement in beekeeping business. Like Prakash, Kamlal and Dil, many people of the village are involved in the beekeeping business to make their living. More than 137 families of the rural municipality are involved in the beekeeping business.</p>
<p>
	According to Om Prakash, almost all the families of the village are involved in the beekeeping business and are making a good income from it.</p>
<p>
	&ldquo;In the recent times, the village is known for beekeeping,&rdquo; he added.</p>
<p>
	A farmer having just a single beehive can also sell five to eight&nbsp;<em>dharnee</em>&nbsp;of honey in a season.</p>
<p>
	The number of farmers involved in beekeeping is increasing every year. Om Prakash is the first farmer in the village to get involved in this business. Most of the farmers have kept Serena Bee. One hive of this type of bee can produce up to seven&nbsp;<em>dharnee&nbsp;</em>honey in a season.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10349',
			'image' => '20190502014701_aaa.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '10597',
			'article_category_id' => '1',
			'title' => 'Government Delays Payment of Rs 65 Billion to Construction Companies: FCAN',
			'sub_title' => '',
			'summary' => 'May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. ',
			'content' => '<p>
	May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. Construction entrepreneurs informed New Business Age that the government authorities have withheld their bills worth Rs 65 billion.</p>
<p>
	The entrepreneurs also expressed their fear that they might have to shut their businesses and get blacklist by the banks due to the delay in payment from the government authorities.</p>
<p>
	The Federation of Contractors Association of Nepal (FCAN) in a press meet on Tuesday informed that the government officials have been neglecting their request to pay the pending bills despite continues call for payment.&nbsp; &nbsp;</p>
<p>
	FCAN said that the government is showing double standard by not paying the contractors and by publicizing notice about their failure in meeting the development targets.</p>
<p>
	According to FCAN officials, construction done through consumer committees is causing institutional corruption at the lower level and has also affected the quality and standard of the construction works.&nbsp; &nbsp;</p>
<p>
	&ldquo;The government is defaming us by saying that we have failed to meet the deadline but the authorities themselves have created the hurdles by holding our payments,&rdquo; informed Ravi Singh, chairman of FCAN.</p>
<p>
	It is the delay in payment that has created problems for us to continue with our construction work, he added.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10348',
			'image' => '20190502013709_kaligandaki pic.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '10596',
			'article_category_id' => '1',
			'title' => 'Carpenter Generates Monthly Income of Rs 500,000 from Furniture Business',
			'sub_title' => '',
			'summary' => 'March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. ',
			'content' => '<p>
	March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. &nbsp;DC, who is also engaged in politics, is a skilled carpenter himself.</p>
<p>
	DC says it is better to generate income with hard labour in own country rather than migrating to foreign land for job opportunities. He had started the furniture business four years ago at Bagchaur.</p>
<p>
	According to DC, out of his total income he saves Rs 200,000 after paying all the expenses including for livelihood, school fees, labour charges etc. He said that 12 people working in his furniture workshop where four members are his own family members.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
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			'sortorder' => '10347',
			'image' => '20190502125912_Clipboard14.jpg',
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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

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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			'Article' => array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '10610',
			'article_category_id' => '266',
			'title' => 'Giri Appointed CEO of CBIL Capital',
			'sub_title' => '',
			'summary' => 'May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.',
			'content' => '<p>
	May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.</p>
<p>
	The board of directors (BOD) of CIBL Capital approved the decision to appoint Giri as the CEO on April 30.</p>
<p>
	According to the BOD decision, Giri will take on the responsibilities of the CEO of the merchant bank from May 3.</p>
<p>
	CIBL in a statement said that the position of CEO of the merchant bank remained vacant since the departure of its previous CEO Samir Prasad Dahal to Citizens Bank International.</p>
<p>
	&ldquo;The BOD decided to appoint Navaraj Giri as the new CEO to fill the vacant position,&rdquo; the statement added.</p>
<p>
	CIBL is a subsidiary of Citizens Bank International and has been performing various services related to share and capital market.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-03',
			'modified' => '2019-05-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10361',
			'image' => '20190503032046_Nava Raj Giri.jpg',
			'article_date' => '2019-05-03 00:00:00',
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	(int) 1 => array(
		'Article' => array(
			'id' => '10609',
			'article_category_id' => '1',
			'title' => 'Market Watch 3rd May(Friday) ',
			'sub_title' => '',
			'summary' => 'Today market has remained negative like yesterday. Likewise the other indexes are also negative.',
			'content' => '<p>
	<strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Article for 22<sup>nd</sup> Baisakh:</strong></p>
<p>
	<strong>Current Price (CMP): 1294.39</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Baisakh:</strong></p>
<p>
	<strong>O: 1298.60<br />
	H: 1300.43<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for 22<sup>nd</sup> Baisakh:</strong></p>
<table align="center" border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>1,267.27</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,275.11</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,284.75</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,292.59</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,302.23</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,310.07</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,319.71</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<strong>OHLC Update 3<sup>rd</sup> Week of Baisakh:</strong></p>
<p>
	<strong>O: 1292.12<br />
	H: 1322.95<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Baisakh: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;height:37px;">
				<p>
					<strong>1,237.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,260.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,277.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,300.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,317.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,340.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,357.24</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for this month: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>1077.31</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1104.17</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1144.09</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1170.95</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1210.87</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1237.73</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1277.65</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p>
	<strong>2<sup>nd</sup> week of Baisakh (8<sup>th</sup> &ndash; 12<sup>th</sup>): NRs. 494.44 Crores </strong></p>
<p>
	<strong>3<sup>rd</sup> week of Baisakh (15<sup>th</sup> &ndash; 19<sup>th</sup>): NRs. 439.77 Crores </strong></p>
<p>
	<strong>19<sup>th</sup> Baisakh: Nrs. 58 Crores</strong></p>
<p>
	<strong>Commentary:</strong></p>
<div>
	<strong>&bull;Today market has remained negative like yesterday. Likewise the other indexes are also negative.&nbsp;</strong></div>
<div>
	<strong>&bull;The volume today is smaller than that of yesterdays traded volume.&nbsp;</strong></div>
<div>
	<strong>&bull;All of 10 Sub-indices except Hotels, Non Life Insurance and Manu.&amp; Pro. are positive today.&nbsp;</strong></div>
<div>
	<strong>&bull;The noticeable changes on the Sub- Indices are of Non Life Insurance by 37.55 and Manu.&amp; Pro. By 38.08.&nbsp;</strong></div>
<div>
	<strong>&bull;The CMP of 19th Baisakh is above the pivot of 22nd Baisakh and the monthly pivot but below the weekly pivot.</strong></div>
<div>
	<strong>&bull;Today NEPSE Market lost 4.21 points and the turnover of 19th Baisakh is only 58 Crores .&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<p>
		<strong>Top 5 Scrips by turnovers:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0" width="602">
		<tbody>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>Turnover</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Closing Price</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 4.35 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>314</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NLIC</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.48 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>1,002</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.47 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>342</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.01 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>155</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. &nbsp;1.89 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>970</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP </strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change </strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>HDL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>1,479</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>74</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>344</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>16</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UPCL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>102</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>4</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>BNT</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>6,850</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>250</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>PRVUPO</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>165</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>6</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UMHL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>113</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NEF</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>8.46</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-0</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>EDBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>300</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-15</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SINDU</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>130</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>RRHP</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>93</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-4</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<p>
		<strong>Sector Wise Summary:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0">
		<tbody>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Sector</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover Values</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover volume</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Total Transaction</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:29px;">
					<p>
						<strong>Commercial Banks</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>NRs. 38.5 Crores</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>1,289,448</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>3,344</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Finance</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>NRs. 0.32 Crores</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>25,112</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>106</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Hotels</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.99 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>27,937</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>64</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Manufacturing And Processing</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.74 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>22,114</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>145</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:35px;">
					<p>
						<strong>Others</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>NRs. 0.83 Crores</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>27,667</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>143</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:36px;">
					<p>
						<strong>Hydro Power</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>NRs. 13.49 Crores</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>603,974</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>2,175</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Non Life Insurance</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 6.27 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>110,875</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>610</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Development Banks</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 3.19 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>152,750</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>508</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Mutual Fund</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.33 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>335,963</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>72</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Tradings </strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.01&nbsp; Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>70</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>5</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<div>
		<strong>Analysis:&nbsp;</strong></div>
	<div>
		<strong>1.The market found increasing number of sellers when the market resistant reached 1320 for booking profit.</strong></div>
	<div>
		<strong>2.Market can expect prominent buyers at 1260 to 1280 so this can lead to increase in transactions.</strong></div>
	<div>
		<strong>3.Breaking below 1240 will be a big event while breaking above 1330 can be silver shining for NEPSE.</strong></div>
	<div>
		<strong>4.The upcoming closing of Baisakh may weigh in the market and give us some idea about days ahead. Still, the Fourth closing of the fiscal year will be risk mitigating period for the corporate rather than going aggressive in the market</strong></div>
	<div>
		&nbsp;</div>
</div>
<p>
	&nbsp;</p>
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			'sub_title' => '',
			'summary' => 'May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.',
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	May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.</p>
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	The state-owned petroleum monopoly, issuing a press statement, said that the price of petrol has been increased by Rs 1.50 per liter and diesel and kerosene by Re 1 per liter.</p>
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<p>
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: The government had set a target of taking internal loan of Rs 172 billion in the current fiscal year. However, with just two months remaining in FY 2018/19, the government is yet to take the loan. Concern officials have termed this as an achievement of the government,</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">A high-ranking official at the Ministry of Finance told New Business Age that the government was always careful about austerity measures since its formation. That is the reason why the government did not require to borrow internal loan although it had set a target to take such loan.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Although the government did not show much interest to acquire internal loan, it seems that the government is active in lobbying for foreign loan and assistance. As a result, the government has got assurance of Rs 112 billion foreign aid, which the government considers as another achievement.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">An official at the Ministry of Finance said that the government did not take internal loan as it would have caused liquidity crunch and the government would have to bear the burden of paying interest.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Normally, the government takes internal loan after failing to meet the expenses from revenue collection. The government can raise internal loan by issuing development bonds, foreign employment bonds, national saving bonds, citizens saving bond and treasury bill.</span></p>
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			'summary' => 'May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. ',
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. He made such remarks while addressing the 13<sup>th</sup> meeting of the finance ministers of SAARC region during the 52<sup>nd</sup> board of governors annual meeting of the Asian Development Bank in Fiji on Thursday, May 2. </span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Minister Khatiwada claimed that South Asia has a good reputation in the world economy but the region lags behind due to lack of inter-country road connectivity. He further said that the inter-country trade could have been increased up to three times had there been good network of roads to link the regional countries but due to lack of proper road connectivity, the trade between the countries is minimal.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He also informed the meeting that Nepal has achieved a historic feat by maintaining economic growth of more that 6 percent for three consecutive years.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He said that it was normal to bear trade deficit when the country has been achieving high economic growth rate.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Finance Minister Khatiwada held separate bilateral meetings with the representatives of ADB, European Investment Bank, OPEC and the Department of Treasury of the USA on Thursday.</span></p>
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			'id' => '10605',
			'article_category_id' => '1',
			'title' => 'Nepal Rastra Bank Approves 8 Companies to Start Digital Wallet Service',
			'sub_title' => '',
			'summary' => 'May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.',
			'content' => '<p>
	May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.</p>
<p>
	Besides, the central bank has also approved the Letter of Intent of 35 other companies.</p>
<p>
	At present, electronic-payment companies in Nepal are witnessing tough competition for operating their digital wallet service.</p>
<p>
	The arrival of new companies in the service has raised the competition to a higher level for all the online payment gateways.</p>
<p>
	Twelve different companies are operating online payment service in Nepal out of which only eight have been approved for operation by Nepal Rastra Bank.</p>
<p>
	The Payment System Department of Nepal Rastra Bank said in a statement that it has approved letter of intent (LOI) of 35 different digital wallet companie<strong>s.</strong></p>
<p>
	According to the provision of Nepal Rastra Bank, the companies receiving LOI must receive the approval for operation certificate within six month for operating e-payment services.&nbsp;</p>
<p>
	Nepal Rastra Bank has given the license of &nbsp;Payment System Operator to Prabhu Technology, Nepal Clearing House Limited and Smart Choice Technology.</p>
<p>
	Likewise, IME Digital Solution Limited , e-Sewa Phone Pay Pvt Ltd, Salecom Pvt Ltd, CG Pay Nepal Pvt Ltd Khalti Digital Wallet have been approved as Payment Service Provider by the central bank of Nepal.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'id' => '10604',
			'article_category_id' => '266',
			'title' => '15th REMA Course Concludes',
			'sub_title' => '',
			'summary' => 'May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. ',
			'content' => '<p>
	May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. The course provided the participants with training of real estate-related skills including research, purchase and sales, real estate marketing agent and investment. Those who aspire to build up their career in real estate marketing had participated in the programme, reads a statement issued by the company.</p>
<p>
	Brihat Property Solution is one of the six companies of Brihat Group that has been contributing to real estate sector of the country.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10603',
			'article_category_id' => '1',
			'title' => 'Construction of Cold Store in Final Stage  ',
			'sub_title' => '',
			'summary' => 'May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction.',
			'content' => '<p>
	May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction. The store is being built under Chitwan-Chanauli&nbsp;Cold Store Project.</p>
<p>
	The cold store is being built at an investment of Rs 150 million. According to Tirtha Ram Regmi, president of the cold store, it is being built with an aim of starting operation by January next year. The store will have a capacity to hold 2500 metric tons of degradable goods.</p>
<p>
	&ldquo;After the completion of the store, the farmers from the neighboring districts will also benefit. As a result, the production will not go wasted,&rdquo; Regmi added. Agricultural, dairy, and meat products will be stored in the cold store.</p>
<p>
	According to Surya Mani Poudel, executive director and secretary of the store, the cold store will be a five-storey modern building with elevators. &ldquo;The ground floor will store meat products, and other floor will also be managed accordingly. After the completion of the construction, there will be no milk holiday and chicken holiday,&rdquo; he adds.</p>
<p>
	The store is under construction since 2014, and is considered as a modern cold store of the whole central region. The products stored in the store will be sold in the off-season.</p>
<p>
	The store has been built by 50 percent share from the Cooperative Department of the Provincial government, and 50 percent share from the cooperatives and farmers associated with it. &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10602',
			'article_category_id' => '1',
			'title' => 'Do not Distribute Bonus during Loss: Supreme Court',
			'sub_title' => '',
			'summary' => 'May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.',
			'content' => '<p>
	May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.</p>
<p>
	The apex court ruling comes in the wake of a writ petition filed at the SC against the interference of the Commission for the Investigation of Abuse of Authority, the Ministry of Finance and Nepal Rastra Bank against the distribution of bonus by Nepal Bank Limited.</p>
<p>
	In a response to the writ petition, a joint bench of justices of Ishwor Prasad Khatiwoda and Bam Kumar Shrestha issued the final verdict 10 months ago but the full text of the verdict was published only on Tuesday, March 2. &nbsp;</p>
<p>
	It is not appropriate to distribute bonus if the institution is in loss, reads the verdict.</p>
<p>
	Earlier, when the bank was about to distribute bonus of three years in 2012/13, a complaint had been filed at the CIAA to stop the process which the complainants said was illegal. After investigation, the CIAA has issued an order to the bank to stop distributing bonus. The CIAA had also sent a copy of the order to the finance ministry and the central bank. The central bank and the finance ministry had separately written to Nepal Bank not to distribute the bonus.</p>
<p>
	Bhuwaneshwor Ghimire, central committee chair of Nepal Bank chapter of Nepal National Employees Organisation moved the SC arguing that the letters of the CIAA and the finance ministry and NRB had violated their right to receive bonus.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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		'Article' => array(
			'id' => '10601',
			'article_category_id' => '218',
			'title' => 'Shrestha Reappointed Chairman of Century Commercial Bank',
			'sub_title' => '',
			'summary' => 'May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank’s chairman. ',
			'content' => '<p>
	May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank&rsquo;s chairman. Issuing a statement, the bank said that a meeting of the board of directors of the bank on April 26 unanimously appointed Shrestha as the chairman.</p>
<p>
	Shrestha has been the chairman of the bank since the last three years.</p>
<p>
	Meanwhile, the bank&rsquo;s general assembly has approved the distribution of 2 percent bonus share and 4.5 percent dividend to its shareholders.</p>
<p>
	The bank said its paid-up capital will reach Rs 8.41 billion after issuing the bonus share. &nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 10 => array(
		'Article' => array(
			'id' => '10600',
			'article_category_id' => '218',
			'title' => 'NIC Asia Bank’s Cash-Back Offer',
			'sub_title' => '',
			'summary' => 'May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.',
			'content' => '<p>
	May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.</p>
<p>
	Under this offer, the bank&rsquo;s customers using debit/credit cards or mobile banking to make payment will get a refund of 10 percent or maximum Rs 1000.</p>
<p>
	According to the bank, this offer is valid for making payment with the card to Daraz online portal, Khalti digital wallet, any other e-payment as well as payment through QR code system.</p>
<p>
	The customers will also get cash-back for top-up on NTC and Ncell network through the bank&rsquo;s mobile banking app.</p>
<p>
	This offer is valid for one day only, the bank said in a statement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'sortorder' => '10351',
			'image' => '20190502023813_NIC.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '10599',
			'article_category_id' => '266',
			'title' => 'Sipradi Trading Bags the Best ‘International Distributor Award 2018’',
			'sub_title' => '',
			'summary' => 'May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious 'Distributor of the Year' award for the year 2018 at the International Distributors’ Meet held recently in Dubai, the UAE.',
			'content' => '<p>
	May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious &#39;Distributor of the Year&#39; award for the year 2018 at the International Distributors&rsquo; Meet held recently in Dubai, the UAE.</p>
<p>
	According to the company, the annual meet of Tata Motors took place with the aim of acknowledging the performance of its distributors worldwide where various categories of awards were given for the exceptional performances of the distributors.</p>
<p>
	Sipradi Trading said in a statement that the award is a recognition of extraordinary performance shown by the company.&nbsp;&nbsp;</p>
<p>
	In addition to this, Sipradi Trading claimed that it bagged 10 other awards in different categories such as Distributor of the Year, New Product Introduction, Best Customer Care, Value Added Services, Best Spare Parts Retail, Network Development among others.</p>
<p>
	&ldquo;The company firmly believes that this success would not have been possible without the trust of all the customers, hard work of the employees as well as support from the media houses,&rdquo; the statement added.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'sortorder' => '10350',
			'image' => '20190502021121_Distributor of the year - 3.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '10598',
			'article_category_id' => '1',
			'title' => 'Beekeeping Generating Good Income in Sisne',
			'sub_title' => '',
			'summary' => 'May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn’t have to migrate to foreign countries in the search of employment opportunities.',
			'content' => '<p>
	May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn&rsquo;t have to migrate to foreign countries in the search of employment opportunities. Khadka has been earning Rs 950,000 every year by involving in beekeeping in his own village. Om Prakash has 111 beehives.</p>
<p>
	Khadka says he has earned up to Rs 550,000 in a season by selling 600 kilograms of honey. Honey is traded in Rukum at Rs 2,000 per 2.4 kilograms (dharnee).</p>
<p>
	Likewise, Kamlal Khadka, also a resident of Sisne Rural Municipality-3, Pokhara, has also been involved in beekeeping for 10 years now. He has been earning Rs 700,000 annually by selling honey in the market. Kamlal shares he has earned up to Rs 400,000 in a single season by selling 480 kilograms of honey. Kamlal has 80 beehives.</p>
<p>
	Similarly, Dil Bahadur Khadka is earning Rs 600,000 annually with his involvement in beekeeping business. Like Prakash, Kamlal and Dil, many people of the village are involved in the beekeeping business to make their living. More than 137 families of the rural municipality are involved in the beekeeping business.</p>
<p>
	According to Om Prakash, almost all the families of the village are involved in the beekeeping business and are making a good income from it.</p>
<p>
	&ldquo;In the recent times, the village is known for beekeeping,&rdquo; he added.</p>
<p>
	A farmer having just a single beehive can also sell five to eight&nbsp;<em>dharnee</em>&nbsp;of honey in a season.</p>
<p>
	The number of farmers involved in beekeeping is increasing every year. Om Prakash is the first farmer in the village to get involved in this business. Most of the farmers have kept Serena Bee. One hive of this type of bee can produce up to seven&nbsp;<em>dharnee&nbsp;</em>honey in a season.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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	(int) 13 => array(
		'Article' => array(
			'id' => '10597',
			'article_category_id' => '1',
			'title' => 'Government Delays Payment of Rs 65 Billion to Construction Companies: FCAN',
			'sub_title' => '',
			'summary' => 'May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. ',
			'content' => '<p>
	May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. Construction entrepreneurs informed New Business Age that the government authorities have withheld their bills worth Rs 65 billion.</p>
<p>
	The entrepreneurs also expressed their fear that they might have to shut their businesses and get blacklist by the banks due to the delay in payment from the government authorities.</p>
<p>
	The Federation of Contractors Association of Nepal (FCAN) in a press meet on Tuesday informed that the government officials have been neglecting their request to pay the pending bills despite continues call for payment.&nbsp; &nbsp;</p>
<p>
	FCAN said that the government is showing double standard by not paying the contractors and by publicizing notice about their failure in meeting the development targets.</p>
<p>
	According to FCAN officials, construction done through consumer committees is causing institutional corruption at the lower level and has also affected the quality and standard of the construction works.&nbsp; &nbsp;</p>
<p>
	&ldquo;The government is defaming us by saying that we have failed to meet the deadline but the authorities themselves have created the hurdles by holding our payments,&rdquo; informed Ravi Singh, chairman of FCAN.</p>
<p>
	It is the delay in payment that has created problems for us to continue with our construction work, he added.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'description' => '',
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			'article_category_id' => '1',
			'title' => 'Carpenter Generates Monthly Income of Rs 500,000 from Furniture Business',
			'sub_title' => '',
			'summary' => 'March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. ',
			'content' => '<p>
	March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. &nbsp;DC, who is also engaged in politics, is a skilled carpenter himself.</p>
<p>
	DC says it is better to generate income with hard labour in own country rather than migrating to foreign land for job opportunities. He had started the furniture business four years ago at Bagchaur.</p>
<p>
	According to DC, out of his total income he saves Rs 200,000 after paying all the expenses including for livelihood, school fees, labour charges etc. He said that 12 people working in his furniture workshop where four members are his own family members.</p>
<p>
	&nbsp;</p>
',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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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
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '10610',
			'article_category_id' => '266',
			'title' => 'Giri Appointed CEO of CBIL Capital',
			'sub_title' => '',
			'summary' => 'May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.',
			'content' => '<p>
	May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.</p>
<p>
	The board of directors (BOD) of CIBL Capital approved the decision to appoint Giri as the CEO on April 30.</p>
<p>
	According to the BOD decision, Giri will take on the responsibilities of the CEO of the merchant bank from May 3.</p>
<p>
	CIBL in a statement said that the position of CEO of the merchant bank remained vacant since the departure of its previous CEO Samir Prasad Dahal to Citizens Bank International.</p>
<p>
	&ldquo;The BOD decided to appoint Navaraj Giri as the new CEO to fill the vacant position,&rdquo; the statement added.</p>
<p>
	CIBL is a subsidiary of Citizens Bank International and has been performing various services related to share and capital market.</p>
<p>
	&nbsp;</p>
',
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	(int) 1 => array(
		'Article' => array(
			'id' => '10609',
			'article_category_id' => '1',
			'title' => 'Market Watch 3rd May(Friday) ',
			'sub_title' => '',
			'summary' => 'Today market has remained negative like yesterday. Likewise the other indexes are also negative.',
			'content' => '<p>
	<strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Article for 22<sup>nd</sup> Baisakh:</strong></p>
<p>
	<strong>Current Price (CMP): 1294.39</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Baisakh:</strong></p>
<p>
	<strong>O: 1298.60<br />
	H: 1300.43<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for 22<sup>nd</sup> Baisakh:</strong></p>
<table align="center" border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>1,267.27</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,275.11</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,284.75</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,292.59</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,302.23</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,310.07</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,319.71</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<strong>OHLC Update 3<sup>rd</sup> Week of Baisakh:</strong></p>
<p>
	<strong>O: 1292.12<br />
	H: 1322.95<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Baisakh: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;height:37px;">
				<p>
					<strong>1,237.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,260.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,277.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,300.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,317.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,340.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,357.24</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for this month: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>1077.31</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1104.17</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1144.09</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1170.95</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1210.87</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1237.73</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1277.65</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p>
	<strong>2<sup>nd</sup> week of Baisakh (8<sup>th</sup> &ndash; 12<sup>th</sup>): NRs. 494.44 Crores </strong></p>
<p>
	<strong>3<sup>rd</sup> week of Baisakh (15<sup>th</sup> &ndash; 19<sup>th</sup>): NRs. 439.77 Crores </strong></p>
<p>
	<strong>19<sup>th</sup> Baisakh: Nrs. 58 Crores</strong></p>
<p>
	<strong>Commentary:</strong></p>
<div>
	<strong>&bull;Today market has remained negative like yesterday. Likewise the other indexes are also negative.&nbsp;</strong></div>
<div>
	<strong>&bull;The volume today is smaller than that of yesterdays traded volume.&nbsp;</strong></div>
<div>
	<strong>&bull;All of 10 Sub-indices except Hotels, Non Life Insurance and Manu.&amp; Pro. are positive today.&nbsp;</strong></div>
<div>
	<strong>&bull;The noticeable changes on the Sub- Indices are of Non Life Insurance by 37.55 and Manu.&amp; Pro. By 38.08.&nbsp;</strong></div>
<div>
	<strong>&bull;The CMP of 19th Baisakh is above the pivot of 22nd Baisakh and the monthly pivot but below the weekly pivot.</strong></div>
<div>
	<strong>&bull;Today NEPSE Market lost 4.21 points and the turnover of 19th Baisakh is only 58 Crores .&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<p>
		<strong>Top 5 Scrips by turnovers:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0" width="602">
		<tbody>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>Turnover</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Closing Price</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 4.35 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>314</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NLIC</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.48 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>1,002</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.47 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>342</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.01 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>155</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. &nbsp;1.89 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>970</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP </strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change </strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>HDL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>1,479</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>74</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>344</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>16</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UPCL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>102</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>4</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>BNT</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>6,850</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>250</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>PRVUPO</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>165</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>6</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UMHL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>113</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NEF</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>8.46</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-0</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>EDBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>300</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-15</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SINDU</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>130</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>RRHP</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>93</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-4</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<p>
		<strong>Sector Wise Summary:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0">
		<tbody>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Sector</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover Values</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover volume</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Total Transaction</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:29px;">
					<p>
						<strong>Commercial Banks</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>NRs. 38.5 Crores</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>1,289,448</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>3,344</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Finance</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>NRs. 0.32 Crores</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>25,112</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>106</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Hotels</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.99 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>27,937</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>64</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Manufacturing And Processing</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.74 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>22,114</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>145</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:35px;">
					<p>
						<strong>Others</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>NRs. 0.83 Crores</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>27,667</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>143</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:36px;">
					<p>
						<strong>Hydro Power</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>NRs. 13.49 Crores</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>603,974</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>2,175</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Non Life Insurance</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 6.27 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>110,875</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>610</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Development Banks</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 3.19 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>152,750</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>508</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Mutual Fund</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.33 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>335,963</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>72</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Tradings </strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.01&nbsp; Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>70</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>5</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<div>
		<strong>Analysis:&nbsp;</strong></div>
	<div>
		<strong>1.The market found increasing number of sellers when the market resistant reached 1320 for booking profit.</strong></div>
	<div>
		<strong>2.Market can expect prominent buyers at 1260 to 1280 so this can lead to increase in transactions.</strong></div>
	<div>
		<strong>3.Breaking below 1240 will be a big event while breaking above 1330 can be silver shining for NEPSE.</strong></div>
	<div>
		<strong>4.The upcoming closing of Baisakh may weigh in the market and give us some idea about days ahead. Still, the Fourth closing of the fiscal year will be risk mitigating period for the corporate rather than going aggressive in the market</strong></div>
	<div>
		&nbsp;</div>
</div>
<p>
	&nbsp;</p>
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			'article_category_id' => '1',
			'title' => 'NOC Hikes Prices of Petroleum Products ',
			'sub_title' => '',
			'summary' => 'May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.',
			'content' => '<p>
	May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.</p>
<p>
	The state-owned petroleum monopoly, issuing a press statement, said that the price of petrol has been increased by Rs 1.50 per liter and diesel and kerosene by Re 1 per liter.</p>
<p>
	With the price adjustment, petrol now costs Rs 111.50 per liter, and diesel and kerosene Rs 98 per liter. The NOC, however, didn&rsquo;t make any adjustments to the price of Liquefied Petroleum Gas (LPG) and Air Turbine Fuel (ATF). Before the adjustment, the price of petrol was Rs 110 per liter, while the price of diesel and kerosene was Rs 98 per liter.</p>
<p>
	NOC said the price has been adjusted after Indian Oil Corporation increased the price of the products being supplied to Nepal.</p>
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			'summary' => 'May 3: The government had set a target of taking internal loan of Rs 172 billion in the current fiscal year.',
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: The government had set a target of taking internal loan of Rs 172 billion in the current fiscal year. However, with just two months remaining in FY 2018/19, the government is yet to take the loan. Concern officials have termed this as an achievement of the government,</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">A high-ranking official at the Ministry of Finance told New Business Age that the government was always careful about austerity measures since its formation. That is the reason why the government did not require to borrow internal loan although it had set a target to take such loan.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Although the government did not show much interest to acquire internal loan, it seems that the government is active in lobbying for foreign loan and assistance. As a result, the government has got assurance of Rs 112 billion foreign aid, which the government considers as another achievement.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">An official at the Ministry of Finance said that the government did not take internal loan as it would have caused liquidity crunch and the government would have to bear the burden of paying interest.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Normally, the government takes internal loan after failing to meet the expenses from revenue collection. The government can raise internal loan by issuing development bonds, foreign employment bonds, national saving bonds, citizens saving bond and treasury bill.</span></p>
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			'title' => 'Finance Minister Stresses on Economic Cooperation Among SAARC Countries',
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			'summary' => 'May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. ',
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. He made such remarks while addressing the 13<sup>th</sup> meeting of the finance ministers of SAARC region during the 52<sup>nd</sup> board of governors annual meeting of the Asian Development Bank in Fiji on Thursday, May 2. </span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Minister Khatiwada claimed that South Asia has a good reputation in the world economy but the region lags behind due to lack of inter-country road connectivity. He further said that the inter-country trade could have been increased up to three times had there been good network of roads to link the regional countries but due to lack of proper road connectivity, the trade between the countries is minimal.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He also informed the meeting that Nepal has achieved a historic feat by maintaining economic growth of more that 6 percent for three consecutive years.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He said that it was normal to bear trade deficit when the country has been achieving high economic growth rate.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Finance Minister Khatiwada held separate bilateral meetings with the representatives of ADB, European Investment Bank, OPEC and the Department of Treasury of the USA on Thursday.</span></p>
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		'Article' => array(
			'id' => '10605',
			'article_category_id' => '1',
			'title' => 'Nepal Rastra Bank Approves 8 Companies to Start Digital Wallet Service',
			'sub_title' => '',
			'summary' => 'May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.',
			'content' => '<p>
	May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.</p>
<p>
	Besides, the central bank has also approved the Letter of Intent of 35 other companies.</p>
<p>
	At present, electronic-payment companies in Nepal are witnessing tough competition for operating their digital wallet service.</p>
<p>
	The arrival of new companies in the service has raised the competition to a higher level for all the online payment gateways.</p>
<p>
	Twelve different companies are operating online payment service in Nepal out of which only eight have been approved for operation by Nepal Rastra Bank.</p>
<p>
	The Payment System Department of Nepal Rastra Bank said in a statement that it has approved letter of intent (LOI) of 35 different digital wallet companie<strong>s.</strong></p>
<p>
	According to the provision of Nepal Rastra Bank, the companies receiving LOI must receive the approval for operation certificate within six month for operating e-payment services.&nbsp;</p>
<p>
	Nepal Rastra Bank has given the license of &nbsp;Payment System Operator to Prabhu Technology, Nepal Clearing House Limited and Smart Choice Technology.</p>
<p>
	Likewise, IME Digital Solution Limited , e-Sewa Phone Pay Pvt Ltd, Salecom Pvt Ltd, CG Pay Nepal Pvt Ltd Khalti Digital Wallet have been approved as Payment Service Provider by the central bank of Nepal.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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		'Article' => array(
			'id' => '10604',
			'article_category_id' => '266',
			'title' => '15th REMA Course Concludes',
			'sub_title' => '',
			'summary' => 'May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. ',
			'content' => '<p>
	May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. The course provided the participants with training of real estate-related skills including research, purchase and sales, real estate marketing agent and investment. Those who aspire to build up their career in real estate marketing had participated in the programme, reads a statement issued by the company.</p>
<p>
	Brihat Property Solution is one of the six companies of Brihat Group that has been contributing to real estate sector of the country.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10355',
			'image' => '20190502052618_remaa.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
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	(int) 7 => array(
		'Article' => array(
			'id' => '10603',
			'article_category_id' => '1',
			'title' => 'Construction of Cold Store in Final Stage  ',
			'sub_title' => '',
			'summary' => 'May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction.',
			'content' => '<p>
	May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction. The store is being built under Chitwan-Chanauli&nbsp;Cold Store Project.</p>
<p>
	The cold store is being built at an investment of Rs 150 million. According to Tirtha Ram Regmi, president of the cold store, it is being built with an aim of starting operation by January next year. The store will have a capacity to hold 2500 metric tons of degradable goods.</p>
<p>
	&ldquo;After the completion of the store, the farmers from the neighboring districts will also benefit. As a result, the production will not go wasted,&rdquo; Regmi added. Agricultural, dairy, and meat products will be stored in the cold store.</p>
<p>
	According to Surya Mani Poudel, executive director and secretary of the store, the cold store will be a five-storey modern building with elevators. &ldquo;The ground floor will store meat products, and other floor will also be managed accordingly. After the completion of the construction, there will be no milk holiday and chicken holiday,&rdquo; he adds.</p>
<p>
	The store is under construction since 2014, and is considered as a modern cold store of the whole central region. The products stored in the store will be sold in the off-season.</p>
<p>
	The store has been built by 50 percent share from the Cooperative Department of the Provincial government, and 50 percent share from the cooperatives and farmers associated with it. &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10354',
			'image' => '20190502052053_sit bhandar2.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '10602',
			'article_category_id' => '1',
			'title' => 'Do not Distribute Bonus during Loss: Supreme Court',
			'sub_title' => '',
			'summary' => 'May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.',
			'content' => '<p>
	May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.</p>
<p>
	The apex court ruling comes in the wake of a writ petition filed at the SC against the interference of the Commission for the Investigation of Abuse of Authority, the Ministry of Finance and Nepal Rastra Bank against the distribution of bonus by Nepal Bank Limited.</p>
<p>
	In a response to the writ petition, a joint bench of justices of Ishwor Prasad Khatiwoda and Bam Kumar Shrestha issued the final verdict 10 months ago but the full text of the verdict was published only on Tuesday, March 2. &nbsp;</p>
<p>
	It is not appropriate to distribute bonus if the institution is in loss, reads the verdict.</p>
<p>
	Earlier, when the bank was about to distribute bonus of three years in 2012/13, a complaint had been filed at the CIAA to stop the process which the complainants said was illegal. After investigation, the CIAA has issued an order to the bank to stop distributing bonus. The CIAA had also sent a copy of the order to the finance ministry and the central bank. The central bank and the finance ministry had separately written to Nepal Bank not to distribute the bonus.</p>
<p>
	Bhuwaneshwor Ghimire, central committee chair of Nepal Bank chapter of Nepal National Employees Organisation moved the SC arguing that the letters of the CIAA and the finance ministry and NRB had violated their right to receive bonus.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10353',
			'image' => '20190502050731_20190426123209_20190423120539_supreme-court.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '10601',
			'article_category_id' => '218',
			'title' => 'Shrestha Reappointed Chairman of Century Commercial Bank',
			'sub_title' => '',
			'summary' => 'May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank’s chairman. ',
			'content' => '<p>
	May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank&rsquo;s chairman. Issuing a statement, the bank said that a meeting of the board of directors of the bank on April 26 unanimously appointed Shrestha as the chairman.</p>
<p>
	Shrestha has been the chairman of the bank since the last three years.</p>
<p>
	Meanwhile, the bank&rsquo;s general assembly has approved the distribution of 2 percent bonus share and 4.5 percent dividend to its shareholders.</p>
<p>
	The bank said its paid-up capital will reach Rs 8.41 billion after issuing the bonus share. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10352',
			'image' => '20190502034027_oath.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '10600',
			'article_category_id' => '218',
			'title' => 'NIC Asia Bank’s Cash-Back Offer',
			'sub_title' => '',
			'summary' => 'May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.',
			'content' => '<p>
	May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.</p>
<p>
	Under this offer, the bank&rsquo;s customers using debit/credit cards or mobile banking to make payment will get a refund of 10 percent or maximum Rs 1000.</p>
<p>
	According to the bank, this offer is valid for making payment with the card to Daraz online portal, Khalti digital wallet, any other e-payment as well as payment through QR code system.</p>
<p>
	The customers will also get cash-back for top-up on NTC and Ncell network through the bank&rsquo;s mobile banking app.</p>
<p>
	This offer is valid for one day only, the bank said in a statement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10351',
			'image' => '20190502023813_NIC.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
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	(int) 11 => array(
		'Article' => array(
			'id' => '10599',
			'article_category_id' => '266',
			'title' => 'Sipradi Trading Bags the Best ‘International Distributor Award 2018’',
			'sub_title' => '',
			'summary' => 'May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious 'Distributor of the Year' award for the year 2018 at the International Distributors’ Meet held recently in Dubai, the UAE.',
			'content' => '<p>
	May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious &#39;Distributor of the Year&#39; award for the year 2018 at the International Distributors&rsquo; Meet held recently in Dubai, the UAE.</p>
<p>
	According to the company, the annual meet of Tata Motors took place with the aim of acknowledging the performance of its distributors worldwide where various categories of awards were given for the exceptional performances of the distributors.</p>
<p>
	Sipradi Trading said in a statement that the award is a recognition of extraordinary performance shown by the company.&nbsp;&nbsp;</p>
<p>
	In addition to this, Sipradi Trading claimed that it bagged 10 other awards in different categories such as Distributor of the Year, New Product Introduction, Best Customer Care, Value Added Services, Best Spare Parts Retail, Network Development among others.</p>
<p>
	&ldquo;The company firmly believes that this success would not have been possible without the trust of all the customers, hard work of the employees as well as support from the media houses,&rdquo; the statement added.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10350',
			'image' => '20190502021121_Distributor of the year - 3.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '10598',
			'article_category_id' => '1',
			'title' => 'Beekeeping Generating Good Income in Sisne',
			'sub_title' => '',
			'summary' => 'May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn’t have to migrate to foreign countries in the search of employment opportunities.',
			'content' => '<p>
	May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn&rsquo;t have to migrate to foreign countries in the search of employment opportunities. Khadka has been earning Rs 950,000 every year by involving in beekeeping in his own village. Om Prakash has 111 beehives.</p>
<p>
	Khadka says he has earned up to Rs 550,000 in a season by selling 600 kilograms of honey. Honey is traded in Rukum at Rs 2,000 per 2.4 kilograms (dharnee).</p>
<p>
	Likewise, Kamlal Khadka, also a resident of Sisne Rural Municipality-3, Pokhara, has also been involved in beekeeping for 10 years now. He has been earning Rs 700,000 annually by selling honey in the market. Kamlal shares he has earned up to Rs 400,000 in a single season by selling 480 kilograms of honey. Kamlal has 80 beehives.</p>
<p>
	Similarly, Dil Bahadur Khadka is earning Rs 600,000 annually with his involvement in beekeeping business. Like Prakash, Kamlal and Dil, many people of the village are involved in the beekeeping business to make their living. More than 137 families of the rural municipality are involved in the beekeeping business.</p>
<p>
	According to Om Prakash, almost all the families of the village are involved in the beekeeping business and are making a good income from it.</p>
<p>
	&ldquo;In the recent times, the village is known for beekeeping,&rdquo; he added.</p>
<p>
	A farmer having just a single beehive can also sell five to eight&nbsp;<em>dharnee</em>&nbsp;of honey in a season.</p>
<p>
	The number of farmers involved in beekeeping is increasing every year. Om Prakash is the first farmer in the village to get involved in this business. Most of the farmers have kept Serena Bee. One hive of this type of bee can produce up to seven&nbsp;<em>dharnee&nbsp;</em>honey in a season.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10349',
			'image' => '20190502014701_aaa.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '10597',
			'article_category_id' => '1',
			'title' => 'Government Delays Payment of Rs 65 Billion to Construction Companies: FCAN',
			'sub_title' => '',
			'summary' => 'May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. ',
			'content' => '<p>
	May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. Construction entrepreneurs informed New Business Age that the government authorities have withheld their bills worth Rs 65 billion.</p>
<p>
	The entrepreneurs also expressed their fear that they might have to shut their businesses and get blacklist by the banks due to the delay in payment from the government authorities.</p>
<p>
	The Federation of Contractors Association of Nepal (FCAN) in a press meet on Tuesday informed that the government officials have been neglecting their request to pay the pending bills despite continues call for payment.&nbsp; &nbsp;</p>
<p>
	FCAN said that the government is showing double standard by not paying the contractors and by publicizing notice about their failure in meeting the development targets.</p>
<p>
	According to FCAN officials, construction done through consumer committees is causing institutional corruption at the lower level and has also affected the quality and standard of the construction works.&nbsp; &nbsp;</p>
<p>
	&ldquo;The government is defaming us by saying that we have failed to meet the deadline but the authorities themselves have created the hurdles by holding our payments,&rdquo; informed Ravi Singh, chairman of FCAN.</p>
<p>
	It is the delay in payment that has created problems for us to continue with our construction work, he added.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10348',
			'image' => '20190502013709_kaligandaki pic.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '10596',
			'article_category_id' => '1',
			'title' => 'Carpenter Generates Monthly Income of Rs 500,000 from Furniture Business',
			'sub_title' => '',
			'summary' => 'March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. ',
			'content' => '<p>
	March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. &nbsp;DC, who is also engaged in politics, is a skilled carpenter himself.</p>
<p>
	DC says it is better to generate income with hard labour in own country rather than migrating to foreign land for job opportunities. He had started the furniture business four years ago at Bagchaur.</p>
<p>
	According to DC, out of his total income he saves Rs 200,000 after paying all the expenses including for livelihood, school fees, labour charges etc. He said that 12 people working in his furniture workshop where four members are his own family members.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10347',
			'image' => '20190502125912_Clipboard14.jpg',
			'article_date' => '2019-05-02 00:00:00',
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			'breaking_news' => false,
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)
$current_user = null
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$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '10610',
			'article_category_id' => '266',
			'title' => 'Giri Appointed CEO of CBIL Capital',
			'sub_title' => '',
			'summary' => 'May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.',
			'content' => '<p>
	May 3: CBIL Capital has appointed Navaraj Giri as the chief executive officer of the merchant bank.</p>
<p>
	The board of directors (BOD) of CIBL Capital approved the decision to appoint Giri as the CEO on April 30.</p>
<p>
	According to the BOD decision, Giri will take on the responsibilities of the CEO of the merchant bank from May 3.</p>
<p>
	CIBL in a statement said that the position of CEO of the merchant bank remained vacant since the departure of its previous CEO Samir Prasad Dahal to Citizens Bank International.</p>
<p>
	&ldquo;The BOD decided to appoint Navaraj Giri as the new CEO to fill the vacant position,&rdquo; the statement added.</p>
<p>
	CIBL is a subsidiary of Citizens Bank International and has been performing various services related to share and capital market.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-03',
			'modified' => '2019-05-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10361',
			'image' => '20190503032046_Nava Raj Giri.jpg',
			'article_date' => '2019-05-03 00:00:00',
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	(int) 1 => array(
		'Article' => array(
			'id' => '10609',
			'article_category_id' => '1',
			'title' => 'Market Watch 3rd May(Friday) ',
			'sub_title' => '',
			'summary' => 'Today market has remained negative like yesterday. Likewise the other indexes are also negative.',
			'content' => '<p>
	<strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Pic. Showing NEPSE Candle Stick Chart</strong></p>
<p>
	<strong>Article for 22<sup>nd</sup> Baisakh:</strong></p>
<p>
	<strong>Current Price (CMP): 1294.39</strong></p>
<p>
	<strong>OHLC Update of 19<sup>th</sup> Baisakh:</strong></p>
<p>
	<strong>O: 1298.60<br />
	H: 1300.43<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for 22<sup>nd</sup> Baisakh:</strong></p>
<table align="center" border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>1,267.27</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,275.11</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,284.75</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,292.59</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,302.23</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,310.07</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1,319.71</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<div style="clear:both;">
	&nbsp;</div>
<p>
	<strong>OHLC Update 3<sup>rd</sup> Week of Baisakh:</strong></p>
<p>
	<strong>O: 1292.12<br />
	H: 1322.95<br />
	L:&nbsp; 1282.95<br />
	C:&nbsp; 1294.39</strong></p>
<p>
	<strong>Pivot for the 4<sup>th</sup> Week of Baisakh: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:78px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:78px;height:37px;">
				<p>
					<strong>1,237.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,260.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,277.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,300.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,317.24</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,340.1</strong></p>
			</td>
			<td style="width:91px;height:37px;">
				<p>
					<strong>1,357.24</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Pivot for this month: </strong></p>
<table border="1" cellpadding="0" cellspacing="0">
	<tbody>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>S3</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>S1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>Pivot</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R1</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R2</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>R3</strong></p>
			</td>
		</tr>
		<tr>
			<td style="width:79px;">
				<p>
					<strong>1077.31</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1104.17</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1144.09</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1170.95</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1210.87</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1237.73</strong></p>
			</td>
			<td style="width:91px;">
				<p>
					<strong>1277.65</strong></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	&nbsp;</p>
<p>
	<strong>Turnover Update:</strong></p>
<p>
	<strong>2<sup>nd</sup> week of Baisakh (8<sup>th</sup> &ndash; 12<sup>th</sup>): NRs. 494.44 Crores </strong></p>
<p>
	<strong>3<sup>rd</sup> week of Baisakh (15<sup>th</sup> &ndash; 19<sup>th</sup>): NRs. 439.77 Crores </strong></p>
<p>
	<strong>19<sup>th</sup> Baisakh: Nrs. 58 Crores</strong></p>
<p>
	<strong>Commentary:</strong></p>
<div>
	<strong>&bull;Today market has remained negative like yesterday. Likewise the other indexes are also negative.&nbsp;</strong></div>
<div>
	<strong>&bull;The volume today is smaller than that of yesterdays traded volume.&nbsp;</strong></div>
<div>
	<strong>&bull;All of 10 Sub-indices except Hotels, Non Life Insurance and Manu.&amp; Pro. are positive today.&nbsp;</strong></div>
<div>
	<strong>&bull;The noticeable changes on the Sub- Indices are of Non Life Insurance by 37.55 and Manu.&amp; Pro. By 38.08.&nbsp;</strong></div>
<div>
	<strong>&bull;The CMP of 19th Baisakh is above the pivot of 22nd Baisakh and the monthly pivot but below the weekly pivot.</strong></div>
<div>
	<strong>&bull;Today NEPSE Market lost 4.21 points and the turnover of 19th Baisakh is only 58 Crores .&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<p>
		<strong>Top 5 Scrips by turnovers:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0" width="602">
		<tbody>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>Turnover</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Closing Price</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 4.35 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>314</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NLIC</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.48 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>1,002</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.47 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>342</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. 2.01 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>155</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>CBBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>NRs. &nbsp;1.89 Crores</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>970</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP </strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change </strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>HDL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>1,479</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>74</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SHIVM</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>344</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>16</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UPCL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>102</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>4</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>BNT</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>6,850</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>250</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>PRVUPO</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>165</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>6</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:201px;">
					<p>
						<strong>Scrips</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>LTP</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>Point Change</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>UMHL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>113</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>NEF</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>8.46</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-0</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>EDBL</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>300</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-15</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>SINDU</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>130</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-6</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:201px;">
					<p>
						<strong>RRHP</strong></p>
				</td>
				<td style="width:202px;">
					<p>
						<strong>93</strong></p>
				</td>
				<td style="width:199px;">
					<p>
						<strong>-4</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<p>
		<strong>Sector Wise Summary:</strong></p>
	<table border="1" cellpadding="0" cellspacing="0">
		<tbody>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Sector</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover Values</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Turnover volume</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Total Transaction</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:29px;">
					<p>
						<strong>Commercial Banks</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>NRs. 38.5 Crores</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>1,289,448</strong></p>
				</td>
				<td style="width:160px;height:29px;">
					<p>
						<strong>3,344</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:34px;">
					<p>
						<strong>Finance</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>NRs. 0.32 Crores</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>25,112</strong></p>
				</td>
				<td style="width:160px;height:34px;">
					<p>
						<strong>106</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Hotels</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.99 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>27,937</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>64</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;">
					<p>
						<strong>Manufacturing And Processing</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>NRs. 0.74 Crores</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>22,114</strong></p>
				</td>
				<td style="width:160px;">
					<p>
						<strong>145</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:35px;">
					<p>
						<strong>Others</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>NRs. 0.83 Crores</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>27,667</strong></p>
				</td>
				<td style="width:160px;height:35px;">
					<p>
						<strong>143</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:36px;">
					<p>
						<strong>Hydro Power</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>NRs. 13.49 Crores</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>603,974</strong></p>
				</td>
				<td style="width:160px;height:36px;">
					<p>
						<strong>2,175</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Non Life Insurance</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 6.27 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>110,875</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>610</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Development Banks</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 3.19 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>152,750</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>508</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Mutual Fund</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.33 Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>335,963</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>72</strong></p>
				</td>
			</tr>
			<tr>
				<td style="width:160px;height:41px;">
					<p>
						<strong>Tradings </strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>NRs. 0.01&nbsp; Crores</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>70</strong></p>
				</td>
				<td style="width:160px;height:41px;">
					<p>
						<strong>5</strong></p>
				</td>
			</tr>
		</tbody>
	</table>
	<p>
		&nbsp;</p>
	<div>
		<strong>Analysis:&nbsp;</strong></div>
	<div>
		<strong>1.The market found increasing number of sellers when the market resistant reached 1320 for booking profit.</strong></div>
	<div>
		<strong>2.Market can expect prominent buyers at 1260 to 1280 so this can lead to increase in transactions.</strong></div>
	<div>
		<strong>3.Breaking below 1240 will be a big event while breaking above 1330 can be silver shining for NEPSE.</strong></div>
	<div>
		<strong>4.The upcoming closing of Baisakh may weigh in the market and give us some idea about days ahead. Still, the Fourth closing of the fiscal year will be risk mitigating period for the corporate rather than going aggressive in the market</strong></div>
	<div>
		&nbsp;</div>
</div>
<p>
	&nbsp;</p>
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		'Article' => array(
			'id' => '10608',
			'article_category_id' => '1',
			'title' => 'NOC Hikes Prices of Petroleum Products ',
			'sub_title' => '',
			'summary' => 'May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.',
			'content' => '<p>
	May 3: Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective from Thursday midnight.</p>
<p>
	The state-owned petroleum monopoly, issuing a press statement, said that the price of petrol has been increased by Rs 1.50 per liter and diesel and kerosene by Re 1 per liter.</p>
<p>
	With the price adjustment, petrol now costs Rs 111.50 per liter, and diesel and kerosene Rs 98 per liter. The NOC, however, didn&rsquo;t make any adjustments to the price of Liquefied Petroleum Gas (LPG) and Air Turbine Fuel (ATF). Before the adjustment, the price of petrol was Rs 110 per liter, while the price of diesel and kerosene was Rs 98 per liter.</p>
<p>
	NOC said the price has been adjusted after Indian Oil Corporation increased the price of the products being supplied to Nepal.</p>
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			'title' => 'Govt Avoids Taking Internal Loan',
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			'summary' => 'May 3: The government had set a target of taking internal loan of Rs 172 billion in the current fiscal year.',
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	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: The government had set a target of taking internal loan of Rs 172 billion in the current fiscal year. However, with just two months remaining in FY 2018/19, the government is yet to take the loan. Concern officials have termed this as an achievement of the government,</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">A high-ranking official at the Ministry of Finance told New Business Age that the government was always careful about austerity measures since its formation. That is the reason why the government did not require to borrow internal loan although it had set a target to take such loan.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Although the government did not show much interest to acquire internal loan, it seems that the government is active in lobbying for foreign loan and assistance. As a result, the government has got assurance of Rs 112 billion foreign aid, which the government considers as another achievement.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">An official at the Ministry of Finance said that the government did not take internal loan as it would have caused liquidity crunch and the government would have to bear the burden of paying interest.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Normally, the government takes internal loan after failing to meet the expenses from revenue collection. The government can raise internal loan by issuing development bonds, foreign employment bonds, national saving bonds, citizens saving bond and treasury bill.</span></p>
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			'title' => 'Finance Minister Stresses on Economic Cooperation Among SAARC Countries',
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			'summary' => 'May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. ',
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<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">May 3: Finance Minister Yuva Raj Khatiwada has underscored the need of economic cooperation and financial interdependence to boost the economy of South Asia for the welfare of people and prosperity of the region. He made such remarks while addressing the 13<sup>th</sup> meeting of the finance ministers of SAARC region during the 52<sup>nd</sup> board of governors annual meeting of the Asian Development Bank in Fiji on Thursday, May 2. </span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Minister Khatiwada claimed that South Asia has a good reputation in the world economy but the region lags behind due to lack of inter-country road connectivity. He further said that the inter-country trade could have been increased up to three times had there been good network of roads to link the regional countries but due to lack of proper road connectivity, the trade between the countries is minimal.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He also informed the meeting that Nepal has achieved a historic feat by maintaining economic growth of more that 6 percent for three consecutive years.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">He said that it was normal to bear trade deficit when the country has been achieving high economic growth rate.</span></p>
<p>
	<span style="font-family:&quot;Arial Unicode MS&quot;">Finance Minister Khatiwada held separate bilateral meetings with the representatives of ADB, European Investment Bank, OPEC and the Department of Treasury of the USA on Thursday.</span></p>
',
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			'id' => '10605',
			'article_category_id' => '1',
			'title' => 'Nepal Rastra Bank Approves 8 Companies to Start Digital Wallet Service',
			'sub_title' => '',
			'summary' => 'May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.',
			'content' => '<p>
	May 2: Nepal Rastra Bank has approved eight companies across the country to operate digital wallet service.</p>
<p>
	Besides, the central bank has also approved the Letter of Intent of 35 other companies.</p>
<p>
	At present, electronic-payment companies in Nepal are witnessing tough competition for operating their digital wallet service.</p>
<p>
	The arrival of new companies in the service has raised the competition to a higher level for all the online payment gateways.</p>
<p>
	Twelve different companies are operating online payment service in Nepal out of which only eight have been approved for operation by Nepal Rastra Bank.</p>
<p>
	The Payment System Department of Nepal Rastra Bank said in a statement that it has approved letter of intent (LOI) of 35 different digital wallet companie<strong>s.</strong></p>
<p>
	According to the provision of Nepal Rastra Bank, the companies receiving LOI must receive the approval for operation certificate within six month for operating e-payment services.&nbsp;</p>
<p>
	Nepal Rastra Bank has given the license of &nbsp;Payment System Operator to Prabhu Technology, Nepal Clearing House Limited and Smart Choice Technology.</p>
<p>
	Likewise, IME Digital Solution Limited , e-Sewa Phone Pay Pvt Ltd, Salecom Pvt Ltd, CG Pay Nepal Pvt Ltd Khalti Digital Wallet have been approved as Payment Service Provider by the central bank of Nepal.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-02',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '10356',
			'image' => '20190502053738_NRB Facebook.jpg',
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		'Article' => array(
			'id' => '10604',
			'article_category_id' => '266',
			'title' => '15th REMA Course Concludes',
			'sub_title' => '',
			'summary' => 'May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. ',
			'content' => '<p>
	May 2: Brihat Property Solution recently organised the 15th Real Estate Marketing (REMA) course. The course provided the participants with training of real estate-related skills including research, purchase and sales, real estate marketing agent and investment. Those who aspire to build up their career in real estate marketing had participated in the programme, reads a statement issued by the company.</p>
<p>
	Brihat Property Solution is one of the six companies of Brihat Group that has been contributing to real estate sector of the country.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10355',
			'image' => '20190502052618_remaa.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 7 => array(
		'Article' => array(
			'id' => '10603',
			'article_category_id' => '1',
			'title' => 'Construction of Cold Store in Final Stage  ',
			'sub_title' => '',
			'summary' => 'May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction.',
			'content' => '<p>
	May 2: A cold store being built at Chanauli of Chitwan in Public-Private Partnership (PPP) model is in the final stage of construction. The store is being built under Chitwan-Chanauli&nbsp;Cold Store Project.</p>
<p>
	The cold store is being built at an investment of Rs 150 million. According to Tirtha Ram Regmi, president of the cold store, it is being built with an aim of starting operation by January next year. The store will have a capacity to hold 2500 metric tons of degradable goods.</p>
<p>
	&ldquo;After the completion of the store, the farmers from the neighboring districts will also benefit. As a result, the production will not go wasted,&rdquo; Regmi added. Agricultural, dairy, and meat products will be stored in the cold store.</p>
<p>
	According to Surya Mani Poudel, executive director and secretary of the store, the cold store will be a five-storey modern building with elevators. &ldquo;The ground floor will store meat products, and other floor will also be managed accordingly. After the completion of the construction, there will be no milk holiday and chicken holiday,&rdquo; he adds.</p>
<p>
	The store is under construction since 2014, and is considered as a modern cold store of the whole central region. The products stored in the store will be sold in the off-season.</p>
<p>
	The store has been built by 50 percent share from the Cooperative Department of the Provincial government, and 50 percent share from the cooperatives and farmers associated with it. &nbsp;&nbsp;&nbsp;&nbsp;</p>
<p>
	&nbsp;&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10354',
			'image' => '20190502052053_sit bhandar2.jpg',
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	(int) 8 => array(
		'Article' => array(
			'id' => '10602',
			'article_category_id' => '1',
			'title' => 'Do not Distribute Bonus during Loss: Supreme Court',
			'sub_title' => '',
			'summary' => 'May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.',
			'content' => '<p>
	May 2: The Supreme Court has issued an order to the concerned authorities to examine whether a company is in loss or profit prior to distributing bonus.</p>
<p>
	The apex court ruling comes in the wake of a writ petition filed at the SC against the interference of the Commission for the Investigation of Abuse of Authority, the Ministry of Finance and Nepal Rastra Bank against the distribution of bonus by Nepal Bank Limited.</p>
<p>
	In a response to the writ petition, a joint bench of justices of Ishwor Prasad Khatiwoda and Bam Kumar Shrestha issued the final verdict 10 months ago but the full text of the verdict was published only on Tuesday, March 2. &nbsp;</p>
<p>
	It is not appropriate to distribute bonus if the institution is in loss, reads the verdict.</p>
<p>
	Earlier, when the bank was about to distribute bonus of three years in 2012/13, a complaint had been filed at the CIAA to stop the process which the complainants said was illegal. After investigation, the CIAA has issued an order to the bank to stop distributing bonus. The CIAA had also sent a copy of the order to the finance ministry and the central bank. The central bank and the finance ministry had separately written to Nepal Bank not to distribute the bonus.</p>
<p>
	Bhuwaneshwor Ghimire, central committee chair of Nepal Bank chapter of Nepal National Employees Organisation moved the SC arguing that the letters of the CIAA and the finance ministry and NRB had violated their right to receive bonus.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'image' => '20190502050731_20190426123209_20190423120539_supreme-court.jpg',
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		'Article' => array(
			'id' => '10601',
			'article_category_id' => '218',
			'title' => 'Shrestha Reappointed Chairman of Century Commercial Bank',
			'sub_title' => '',
			'summary' => 'May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank’s chairman. ',
			'content' => '<p>
	May 2: Century Commercial Bank has reappointed Rajesh Kumar Shrestha as the bank&rsquo;s chairman. Issuing a statement, the bank said that a meeting of the board of directors of the bank on April 26 unanimously appointed Shrestha as the chairman.</p>
<p>
	Shrestha has been the chairman of the bank since the last three years.</p>
<p>
	Meanwhile, the bank&rsquo;s general assembly has approved the distribution of 2 percent bonus share and 4.5 percent dividend to its shareholders.</p>
<p>
	The bank said its paid-up capital will reach Rs 8.41 billion after issuing the bonus share. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
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			'sortorder' => '10352',
			'image' => '20190502034027_oath.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 10 => array(
		'Article' => array(
			'id' => '10600',
			'article_category_id' => '218',
			'title' => 'NIC Asia Bank’s Cash-Back Offer',
			'sub_title' => '',
			'summary' => 'May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.',
			'content' => '<p>
	May 2: NIC Asia Bank has announced cash-back and discount offer on digital payment on the occasion of National Information and Communication Technology Day on Thursday, May 2.</p>
<p>
	Under this offer, the bank&rsquo;s customers using debit/credit cards or mobile banking to make payment will get a refund of 10 percent or maximum Rs 1000.</p>
<p>
	According to the bank, this offer is valid for making payment with the card to Daraz online portal, Khalti digital wallet, any other e-payment as well as payment through QR code system.</p>
<p>
	The customers will also get cash-back for top-up on NTC and Ncell network through the bank&rsquo;s mobile banking app.</p>
<p>
	This offer is valid for one day only, the bank said in a statement.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-02',
			'modified' => '2019-05-02',
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			'sortorder' => '10351',
			'image' => '20190502023813_NIC.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '10599',
			'article_category_id' => '266',
			'title' => 'Sipradi Trading Bags the Best ‘International Distributor Award 2018’',
			'sub_title' => '',
			'summary' => 'May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious 'Distributor of the Year' award for the year 2018 at the International Distributors’ Meet held recently in Dubai, the UAE.',
			'content' => '<p>
	May 2: Sipradi Trading Pvt Ltd, the sole distributor of Tata Motors in Nepal, has won the prestigious &#39;Distributor of the Year&#39; award for the year 2018 at the International Distributors&rsquo; Meet held recently in Dubai, the UAE.</p>
<p>
	According to the company, the annual meet of Tata Motors took place with the aim of acknowledging the performance of its distributors worldwide where various categories of awards were given for the exceptional performances of the distributors.</p>
<p>
	Sipradi Trading said in a statement that the award is a recognition of extraordinary performance shown by the company.&nbsp;&nbsp;</p>
<p>
	In addition to this, Sipradi Trading claimed that it bagged 10 other awards in different categories such as Distributor of the Year, New Product Introduction, Best Customer Care, Value Added Services, Best Spare Parts Retail, Network Development among others.</p>
<p>
	&ldquo;The company firmly believes that this success would not have been possible without the trust of all the customers, hard work of the employees as well as support from the media houses,&rdquo; the statement added.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10350',
			'image' => '20190502021121_Distributor of the year - 3.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '10598',
			'article_category_id' => '1',
			'title' => 'Beekeeping Generating Good Income in Sisne',
			'sub_title' => '',
			'summary' => 'May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn’t have to migrate to foreign countries in the search of employment opportunities.',
			'content' => '<p>
	May 2: Om Prakash Khadka, a resident of Sisne Rural Municipality-3, Pokhara, didn&rsquo;t have to migrate to foreign countries in the search of employment opportunities. Khadka has been earning Rs 950,000 every year by involving in beekeeping in his own village. Om Prakash has 111 beehives.</p>
<p>
	Khadka says he has earned up to Rs 550,000 in a season by selling 600 kilograms of honey. Honey is traded in Rukum at Rs 2,000 per 2.4 kilograms (dharnee).</p>
<p>
	Likewise, Kamlal Khadka, also a resident of Sisne Rural Municipality-3, Pokhara, has also been involved in beekeeping for 10 years now. He has been earning Rs 700,000 annually by selling honey in the market. Kamlal shares he has earned up to Rs 400,000 in a single season by selling 480 kilograms of honey. Kamlal has 80 beehives.</p>
<p>
	Similarly, Dil Bahadur Khadka is earning Rs 600,000 annually with his involvement in beekeeping business. Like Prakash, Kamlal and Dil, many people of the village are involved in the beekeeping business to make their living. More than 137 families of the rural municipality are involved in the beekeeping business.</p>
<p>
	According to Om Prakash, almost all the families of the village are involved in the beekeeping business and are making a good income from it.</p>
<p>
	&ldquo;In the recent times, the village is known for beekeeping,&rdquo; he added.</p>
<p>
	A farmer having just a single beehive can also sell five to eight&nbsp;<em>dharnee</em>&nbsp;of honey in a season.</p>
<p>
	The number of farmers involved in beekeeping is increasing every year. Om Prakash is the first farmer in the village to get involved in this business. Most of the farmers have kept Serena Bee. One hive of this type of bee can produce up to seven&nbsp;<em>dharnee&nbsp;</em>honey in a season.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-02',
			'modified' => '2019-05-02',
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			'description' => '',
			'sortorder' => '10349',
			'image' => '20190502014701_aaa.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '10597',
			'article_category_id' => '1',
			'title' => 'Government Delays Payment of Rs 65 Billion to Construction Companies: FCAN',
			'sub_title' => '',
			'summary' => 'May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. ',
			'content' => '<p>
	May 2: The government of Nepal has been delaying the payment of Rs 65 billion to construction companies across the country. Construction entrepreneurs informed New Business Age that the government authorities have withheld their bills worth Rs 65 billion.</p>
<p>
	The entrepreneurs also expressed their fear that they might have to shut their businesses and get blacklist by the banks due to the delay in payment from the government authorities.</p>
<p>
	The Federation of Contractors Association of Nepal (FCAN) in a press meet on Tuesday informed that the government officials have been neglecting their request to pay the pending bills despite continues call for payment.&nbsp; &nbsp;</p>
<p>
	FCAN said that the government is showing double standard by not paying the contractors and by publicizing notice about their failure in meeting the development targets.</p>
<p>
	According to FCAN officials, construction done through consumer committees is causing institutional corruption at the lower level and has also affected the quality and standard of the construction works.&nbsp; &nbsp;</p>
<p>
	&ldquo;The government is defaming us by saying that we have failed to meet the deadline but the authorities themselves have created the hurdles by holding our payments,&rdquo; informed Ravi Singh, chairman of FCAN.</p>
<p>
	It is the delay in payment that has created problems for us to continue with our construction work, he added.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10348',
			'image' => '20190502013709_kaligandaki pic.jpg',
			'article_date' => '2019-05-02 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '10596',
			'article_category_id' => '1',
			'title' => 'Carpenter Generates Monthly Income of Rs 500,000 from Furniture Business',
			'sub_title' => '',
			'summary' => 'March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. ',
			'content' => '<p>
	March 2: Harilal DC from Bagchaur, Salyan has been earning Rs 500,000 per month from his furniture business. &nbsp;DC, who is also engaged in politics, is a skilled carpenter himself.</p>
<p>
	DC says it is better to generate income with hard labour in own country rather than migrating to foreign land for job opportunities. He had started the furniture business four years ago at Bagchaur.</p>
<p>
	According to DC, out of his total income he saves Rs 200,000 after paying all the expenses including for livelihood, school fees, labour charges etc. He said that 12 people working in his furniture workshop where four members are his own family members.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-05-02',
			'modified' => '2019-05-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10347',
			'image' => '20190502125912_Clipboard14.jpg',
			'article_date' => '2019-05-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	)
)
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