$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
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
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
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
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
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/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$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/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1426',
'article_category_id' => '109',
'title' => 'Trade Deficit Above Rs 400 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<strong>By TC Correspondent</strong><br />
<br />
The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year. The high dependency on India for petroleum products is cited as the cause for the heavy increase in trade deficit with India. However, Trade and Export Promotion Centre (TEPC) brought about a slightly different report on the same day with trade deficit figure of Rs 4.8 billion.<br />
<br />
According to NRB, the workers’ remittances rose by only 21.3 percent to Rs. 388.46 billion compared to an increase of 39.6 percent in the same period of the previous year. In USD terms, remittance inflow increased by 11.8 percent to USD 4.45 billion during the review period compared to an increase of 25.2 percent in same period of the previous year. As per NRB, due to high growth of imports compared to exports, the ratio of export to import declined to 13.7 percent in the review period from 16.0 percent a year ago.<br />
<br />
The gross foreign exchange reserves in USD terms increased by 11.3 percent to USD 5.52 billion in mid-June 2013. Such reserves had increased by 25.6 percent in the same period of the previous year. Likewise, during eleven months of 2012/13, the inconvertible foreign exchange reserves increased by 17.6 percent to Indian Rupees 71.0 billion. Such reserves had increased by 89.7 percent during the same period of the previous year. On the basis of trend of import during the eleven months of the current fiscal year, the current level of reserves is sufficient for financing merchandise imports of 11.3 months and merchandise and service imports of 9.7 months, says NRB.<br />
<br />
</p>',
'published' => true,
'created' => '2013-07-15',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The trade deficit of Nepal during the first eleven months of 2012/13 surged by 24.5 percent (to Rs. 438.67 billion) compared to the same period of the previous year according to data released by Nepal Rastra Bank (NRB) last week. Trade deficit with India increased by 27.4 percent during the review period compared to a growth of 13.0 percent in the same period of the previous year.',
'sortorder' => '1288',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1426',
'hit' => '446'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
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
