Wednesday, December 16, 2015

Kathmandu Metropolitan City celebrates 20th anniversary

Kathmandu Metropolitan City (KMC) entered 21 years of becoming the country's first metropolis on Tuesday. Kathmandu municipality was declared a metropolis on December 15, 1995.The anniversary event was followed by a blood donation programme.

Still the only metropolitan city in Nepal, KMC was founded  on December 17, 1919 as a road cleaning office to sweep the streets used by the royals. Later, the then Prime Minister Padma Shumsher officially declared Kathmandu as a municipality on February 13, 1947.

The first municipal election to choose an elected representative for Kathmandu was held on August 25, 2052, electing Janakman Shrestha as the first mayor. But due to political failures and inability to conduct local-level elections, only two mayors have completed a full term in office. Currently, KMC is being run by civil servants in lack of elected representatives.

On the anniversary programme organised at KMC's temporary office in Bhrikutimandap, state minister for local development Kunti Kumari Shahi said that it is up to government employees of KMC to provide quality service in lack of elected representatives.


Tuesday, December 15, 2015

German provides Rs 3 billion plus grant assistance

The  government of German has agreed to provide a total grant assistance of Rs 3.46 billion to the government of Nepal. It provided the assistance as a special commitment for Recovery Programme in the aftermath of devastating April 25 earthquake. Out of the grant assistance, of Rs 2.89 billion is financial assistance while Rs 579.3 million was the technical assistance, according to a press statement issued from the Ministry.

On the occasion, Finance Secretary Regmi expressed sincere appreciation to the government of Germany for the assistance and for its continued support tot eh socio-economic development of Nepal.  The grant assistance would be used for the implementation of various projects such as rehabilitation of some heritage sites including surrounding school buildings in Bhaktapur district, reconstruction of district hospitals in Gorkha, Rasuwa, Dolakha and Ramechhap districts and rehabilitation of rural electrification in Rasuwa district which were damaged by the earthquake. 

Similarly, Ambassador Meyer stressed the need of forming an authority soon to carry out the necessary reconstruction tasks in the aftermath of the deadly quake.




Monday, December 14, 2015

Nepali migrant worker dies in Saudi Arabia

A Nepali migrant worker from Ilam died of heart attack in Saudi Arabia on Saturday. The deceased was identified as Chitra Bahadur Magar, ahe of 27 of Jitpur-6 in Ilam.
Magar was working as a helper at Project System Group in Saudi Arabia. Magar's colleague, Mohan BSK said he was found dead on Saturday morning on his bed.
Magar was in Saudi for the past 31 months. His body has been kept at the Rabic-based Central Hospital.

Mohan said that he and other Nepalis have informed the Nepali Embassy in Riyadh about the death and have initiated procedure at the company where Magar worked to send his body home
More than 20 people from Nepal are dying in foreign country from different causes.

Thursday, December 10, 2015

We were not in Delhi to seek solution: Yadav

 Chairman of the Federal Socialist Party - Nepal, Upendra Yadav has said that Madhesi agitation will continue until demands of the Madhesi community are addressed.Yadav and chairman of Terai Madhesh Loktrantrik Party Mahanta Thakur returned from 4-day visit to the Indian capital on Wednesday night.

Speaking to reporters upon returning from New Delhi on Wednesday midnight, Yadav said the UDMF leaders had succeeded in erasing any misinformation and doubts about Madhesi agitation spread among the Indian establishment by the government and leaders of different parties.
Responding to a query on border blockade, Yadav said, "The purpose of our visit was not to seek solution to current problems. Solutions should be sought in Nepal. But agitation and blockade will continue until Madhesi demands are met."

Yadav restated that the constitution amendment proposal tabled at the legislature-parliament is against the spirit of the Madhesi's agitation. He also rejected the proposal by top three parties to resolve the dispute in state delineation through a political committee. "The amendment proposal is merely a ploy to dissolve the Madhesi agitation," he said, adding, "Our main demand is review of federal demarcation. The amendment proposal was forwarded to shift focus from this major demand. We won't accept this under any circumstances."

Tuesday, December 8, 2015

Nepal Government decided to build three new fuel storage facilities

The government has moved to build three new fuel storage facilities. each at Panchkhal in Kavrepalanchok, Betrawati in Nuwakot and Khairenitar in Tanahun—in a bid to maintain adequate reserves and prevent supply crises. Each storage facilities will be at Panchkhal in Kavrepalanchok, Betrawati in Nuwakot and Khairenitar in Tanahun. It will help to Prevent fuel shortage for 3 Month. According to the Ministry of Commerce and Supply Management (MoCS), each of the oil terminals will have a capacity to store 6,000 kilolitres of petrol and 1,000 kilolitres of diesel.

Nepal maintains oil storage tanks at 10 locations with a total capacity of 71,622 kilolitres of petrol, diesel, kerosene and aviation fuel, according to NOC.
The reserve is enough for just 20 days calculated on the basis of the sales trends of 2014. NOC said that it had been working to develop its storage capacity to be able to fulfil the country’s requirement for at least 30 days. According to the National News Agency, there is no provision for the storage of kerosene and liquefied petroleum gas (LPG) on a large scale. The present facilities can store enough petrol for a week, diesel for 15 days and aviation fuel for 10 days.

The Finance Ministry has agreed to arrange the necessary resources to increase the fuel storage capacity. Presently, NOC maintains fuel storage facilities at Thankot, Tribhuvan International Airport, Sinamangal, Bhairahawa, Pokhara, Nepalgunj, Biratnagar and other places.
Tripathi said a proposal had been presented to the government of China to increase Nepal’s fuel storage capacity.

Vice-President Pun attends 31st SAARC Charter Day

   Vice-President Nanda Bahadur Pun attended a special function organised here on Tuesday to mark the 31st year of adoption of South Asian Association for Regional Cooperation (SAARC) Charter and the establishment of SAARC.

Chief Justice Kalyan Shrestha and Speaker Onsari Gharti also marked their presence at the reception hosted by Arjun Bahadur Thapa, Secretary General of SAARC.
Also present at the programme were former Vice-Presidents, members Council of Ministers, former Prime Ministers, high-ranking leaders of major political parties, chief of constitutional bodies, dignitaries and representatives of the diplomatic missions in Kathmandu and high-placed government officials.Various people representing the civil society, business community and media also attended the event.

The SAARC came into being on December 8, 1985 with the adoption of its charter by the heads of state/ government of Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.

Monday, December 7, 2015

Thapa urges Swaraj to take initiatives to resolve bilateral issue


  External Affairs Minister Sushma Swaraj to take steps to resolve the bilateral issue in line with the spirit of recent discussion between two foreign ministers in New Delhi.Thapa also urged India not to link internal issue and bilateral economic issue, adding that the trade obstruction is against good-neighbourly principle. He also sought to highlight the humanitarian cost of the blockade.

Registering a statement at Legislature-Parliament on Monday, DPM Thapa said the differences with the agitating parties have narrowed down and that the government has been making continuing efforts to resolve other outstanding issues. He addressed to the Parliament about diplomatic efforts made by government regarding elimination of transit obstruction and trade embargo by India. He added that the government attention has been drawn by the statement given by India’s External Affairs Minister Sushma Swaraj at India’s Upper House (Rajya Sabha) on December 3 regarding Nepal-India relations and Nepal’s current situation. Without categorically refuting some aspects of Swaraj’s statement, Thapa sought to correct some of the perceived inaccuracies in the statement given by Swaraj.

He said that Prime Minister Narendra Modi’s suggestion on finding a maximum consensus on the constitution as a friendly advice while noting that constitution drafting was internal issue.
“I have been hopeful since my India visit from Nov 30 to Dec 2 where I met Indian Prime Minister, External Affairs Minister, and national security advisor, among other high-profile personnel. My India visits have been helpful on resolving souring misunderstanding between Nepal and India and I am hopeful that there will be early improvement to the current situation,” DPM Thapa said.

Hailing centuries-old Nepal-India ties, DPM Thapa also expressed gratitude towards India’s continuous assistance towards socio-economic development of Nepal. Recalling Indian PM Narendra Modi’s two time visit to Nepal last year and his address to Nepal’s Parliament, DPM Thapa mentioned India’s immediate assistance to Nepal during the earthquake triggered crisis in April was praiseworthy.

Thapa also said that the constitution was welcomed by friendly nations including China, Japan and UN Secretary General. And recently during the Universal Periodic Review session on Human Rights held in Geneva, a majority of 79 member-states who had taken part praised Nepal for the constitution.

Sunday, December 6, 2015

Today Metropolis introduces electronic building permit system

 People in Kathmandu can now apply for a building construction permit online, as city authority formally launched electronic building permit system on Sunday, Dec 15.The electronic building permit system or e-BPS is a web-based application which allows people to submit permit applications and required documents through municipality’s website, removing the hassles of lengthy paperwork, bureaucratic hurdles and regular visits to the municipality to track permit status. Alternately, the system also allows the municipality to check compliance of buildings with set standards and gather settlement data for planned urbanisation.

Deputy Prime Minister and Minister for Federal Affairs and Local Development Kamal Thapa inaugurated the new system, which is an e-governance initiative of Kathmandu Metropolitan City for effective implementation of National Building Code and urban settlement management. Earlier, it was being run as a pilot project in 14 wards of the metropolis.


Nepalis protest Indian blockade in San Francisco

Nepali community in the US city of San Francisco on Friday staged a demonstration against the Indian government's undeclared blockade on Nepal.
Many Nepalis took out a rally from Civic Centre UN Plaza and encircled the market area before returning to the starting point.
In the event, participant Mani Paneru read aloud a memorandum Nepali community is set to submit to the Indian Consulate office on Monday, said Non Resident Nepalese Association-America, California Chapter President Purna Baniya.
Before this Napalis community in the US had staged a demonstration against the Indian government's undeclared blockade on Nepal  near  White house on Nov 26.

Friday, November 13, 2015

Celebrating Bhaitika today

Last day and the most important day of Tihar, the festival of lights, is being marked today by offering Tika from sisters to their brothers. Sisters throughout the country offer 'Tika' to their brothers wishing them happiness, long life and prosperity on the occasion of Bhaitika.
 The auspicious hour today for offering the Tika began at 11:55 am and can be held until sunset today, according to Chairman of National Calendar Determination Committee Prof Dr Ramchandra Gautam.

On this day of the Tihar festival, brothers who have sisters are seated at a specially anointed place around which a trail of mustard oil is drawn. The sisters then offer the brothers Tika and garlands of 'Dubo' and 'Makhamali'.
 The occasion commemorates a legendary event in which a sister won a boon from "Yama", the deity of death that her brother would not die until the mustard oil dried up and the garland of 'Dubo' and 'Makhamali' faded.

After placing colourful Tika on the foreheads of their brothers, sisters offer them a treat consisting varieties of sweets, walnut, spices and 'Sel', a special kind of bread cooked in oil.
 Brothers also offer their sisters Tika in return, wish them happiness and good luck, and give them presents.

Thursday, October 1, 2015

Major parties to hold talks with Madhesi morcha

Meeting between the talks committee formed by the top three parties and chairman of the Terai Madhesh Loktantrik Party Mahanta Thakur ended on a positive note on Today. A meeting of the top leaders of the major three parties is underway at Prime Minister’s residence in Baluwatar.

Member of the talks committee and vice chairman of the UCPN (Maoist) Narayan Kaji Shrestha stated Makhamali  that the meeting concluded with a decision to meet again on Friday after the top three appeared positive on the demands of the agitating Madhesh-based parties. 'Members of the talks committee urged Thakur to end the form of agitation and create favorable condition to remove blockade at the border points', added shrestha.

A source at Baluwatar has informed that the major parties will hold meeting with Morcha representative and Tarai Madhes Loktanrik Party Chairman Mahanta Thakur after the meeting.


Major parties to hold talks with Madhesi morcha

Wednesday, September 30, 2015

Private vehicles not to get fuel from tomorrow

Que in Army Petrol pump Bhadrakali Kathmandu
 With fuel crisis deepening in the country, Nepal Oil Corporation is further cutting down the distribution of petroleum Products to private vehicles.

Only government office vehicles, public vehicles and vehicles carrying daily essentials will be liable to get fuel, said NOC spokesperson Laxmi Prasad Dhakal.

School buses also will not get petrol.
NOC was distributing petroleum products to private vehicles on the quota system before.

Tuesday, September 29, 2015

Fuel shortage hits hard Education Institute in Kathmandu Valley

The fuel shortage has badly affected schools/colleges in the Kathmandu Valley since the past few days. The attendance at schools has also declined as fewer vehicles are plying on the roads due to government's directive to operate vehicles on alternate days to lessen the impact of fuel crises.

The school buses have not been able to secure adequate petroleum products as promised, resulting in difficulty to transport students.According to Ramesh Silwal, Vice-Chairperson of the Higher Secondary School's Association- Nepal (HISSAN),  the government announced to provide 20 liters of petrol to each school vehicle, it is not clear where the fuel will be provided. they have requested the Ministry of Home Affairs to facilitate the refueling of the school,  he added.

 Recently, Nepal Oil Corporation (NOC) on Tuesday has sent a letter to the Indian Oil Corporation (IOC), country's sole petroleum products provider, demanding clarification for not refilling 151 oil tankers from four customs. If the problems not solved, situation comes to close schools and colleges in few days.

Monday, September 28, 2015

Nepal Oil Corporation distributing petroleum products from 11 different petrol pumps

  Nepal Oil Corporation (NOC) is distributing Fuels from 11 different petrol pumps in the Kathmandu Valley on Today. Owing to the blockade, the shortage of fuel and other essentials is gradually hitting the Kathmandu denizens and Nepalis across the country.

Spokesperson of NOC Deepak Baral said that the corporation is distributing 240,000 liters of diesel and 108,000 liters of petrol from 11 petrol pumps today. NOC is distributing petroleum products from following pumps.

  • Armed Police Force Headquarter, Halchowk
  • Sajha Petrol Pump, Swayambhu
  • National Trading, Teku
  • Army Camp, Bhadrakali
  • Police Headquarter, Naxal
  • Sajha Petrol Pump, Balkhu
  • Sajha Petrol Pump, Pulchowk
  • Indreni Petrol Pump, Sanepa
  • Army Pump, Lagankhel
  • Madhyapur Oil, Thimi
  • Guheshwori Fuel Center, Thimi
Distribution on Quota system
NOC implemented quota system on petrol products, coming into effect from today, four days after the unofficial blockade imposed by India on the major customs checkpoints at the Nepal-India border.
 According to the new plan, two-wheeler owners will get three liters. While a private four-wheeler will get 10 Litters per Week. Public vehicles can buy up to 30 litres every alternate day. "A taxi can purchase 10 liters, a bus 30 liters, and micro- and mini-buses 20 litres each." Buses belonging to schools or colleges can access 20 liters every alternate day.
Petrol stations have been instructed to keep records to avoid duplication. "Dealers will have to indicate the quantity of fuel on the vehicle registration book," Baral said.

Thursday, September 17, 2015

Indian Foreign Secretary S Jaishankar is coming tomorrow

Indian Foreign Secretary S Jaishankar is coming tomorrow Prime Minister Narendra Modi's Special Envoy. He will take stock of Nepal’s political environment and convey message on behalf of Modi.


President’s office sources said that Ambassador Rae had discussed Nepal’s latest political situation, preparation for promulgation of constitution and protest from Madhesi leaders during his meeting with President Yadav this morning.

Indian Ambassador to Nepal Ranjit Rae met President Ram Baran Yadav this morning before flying to Delhi. He met PM Modi and Jaishankar in Delhi later in the day. Indian External Affairs Minister Sushma Swaraj and National Security Advisor Ajit Doval were also present during the meeting.


Sunday, September 13, 2015

IPO of 4 Hydropower, 2 Dev Bank and 1 Microfinance are coming soon

4 Hydropower, 2 Dev Bank and 1 Microfinance have filed application at the Securities Board of Nepal (SEBON) seeking permission to issue their Initial Public Offering (IPO).

The Hydroelectricity Investment and Development Company Limited will be floating IPO worth Rs 2 arba. The issue manager for this issue will be Citizen Investment Trust. The company had applied for the IPO on Feb 05, 2015.

Similarly, Khanikhola Hydropower Company Limited is in the row to float the IPO worth Rs 4.65 crore to the local residents. Ngadi Groups Power limited and Synergy Power Development Limited , which will issue the IPO worth Rs 4.86 crore and Rs 7 crore respectively. Civil Capital Markets and NIBL Capital Markets are issue manager for the IPO respectively.

Likewise, Samabridhi Bikas Bank is in the process to float the IPO worth Rs 3 crore and Growmore Merchant Banker will be managing its IPO. Nepal Industrial Development Corporation will be issuing worth Rs 18.41 crore.
Another much-awaited IPO is that of Mero Microfinance Bittiya Sanstha Limited which is seeking to float the IPO worth Rs 6.12 crore. Global IME capital Limited will be managing its IPO


Saturday, September 12, 2015

Solar power station to illuminate Mustang

A handover ceremony of Solar Energy Power Station Project, built with the grant of the Government of Tibet Autonomous Region of China, took place at Lomanthang of Mustang district on sept 11.
The handover document was signed by Baldeb Joshi, the local development officer of Mustang, and Ma Qinsheng, deputy director general of Foreign and Overseas Chinese Affairs Office of Tibet Autonomous Region of China.

“This support has greatly helped in the livelihood as well as socio-economic development of the people in the districts. Such cooperation has substantially contributed to develop friendly relations between the peoples of the two countries,” said the statement issued by the Ministry of Foreign Affairs.
According to the statement, the total capacity of this power project is 70 kilowatts and provides power to 221 households of around 1,400 people in the area.

Friday, September 11, 2015

Bijaya Kumar Pandey to be awarded Madan Puraskar for 'Khushi'

Bijaya Kumar Pandey

Journalist Bijaya Kumar Pandey was announced as the winner of the highly esteemed Madan prize for the Nepali year 2071 on Friday, sept 11.

Khushi is a beautiful book based on the writer's memoirs, essays, and portraits. Vijaya host's the most watched talk show in Nepal, inks his own life in this memorable work. The writer has touched almost every issue of human life, starting from alcoholism to power, money, sex, and spirituality.

Anjur Baba Joshi
The Madan Puraskar Trust announced Pandey as the winner for the year for his memoir 'Khushi'.
They also announced that Angur baba Joshi a great Nepali lady won the year's Jagadamba Shree prize, which is awarded to a person for his / her lifetime achievements.

Thursday, September 10, 2015

Patient's relatives manhandle Patan hospital doctors


Patan hospital turned tense on Thursday, sept 10. According to the hospital administration, the dispute arose in connection to arranging an ambulance for a patient recently discharged from the hospital.

The hospital administration said that the  relatives, who were asked to look for the ambulance after their ward was discharged, entered an argument with the doctors stating that it was not their duty to arrange for the ambulance.

Wednesday, September 9, 2015

Woman died after failed to find a bunch of keys

A woman in Mahotarri came primary health center for treatment for snake bite died after the health center failed to find a bunch of keys of the room where anti-venom were stored. Pipriadevi Sahni age of 55 from Bharatpur-3. Sahani, passed away.

 Dr Ashok Kumar Yadav, in charge at the health post, admitted that Sahani died for lack of timely treatment due to the utter negligence of the center as they could not locate the keys of the health post on time.
Family members of Sahani have refused to receive the body of the deceased body until they were given compensation and action taken against the guilty.

Tuesday, September 8, 2015

Dr Harihar Dev Panta 'Father of microfinance of Nepal' passes away


Dr Harihar Dev Panta, who is known as the ‘father of microfinance in Nepal,’ passed away at his house in Anamnagar, Kathmandu on Monday evening. He was fighting lungs cancer since long time.
Dr. Harihar Dev Pant holds a PhD in Economics.

He has been a Micro finance Practitioner for the last 18 years. He is considered a pioneer of the microfinance sector in Nepal, having introduced the Grameen Bank Financial System in Nepal through Nirdhan and Grameen Bikas Banks. Presently he is the Chairman and Chief Exectuive Officer of Nirdhan Utthan Bank Ltd., the biggest microfinance bank in Nepal. He was the first Chairman of the first two Grameen Bikas Banks in Nepal, Purbanchal Grameen Bikas Bank and Sudur Paschimanchal Grameen Bikas Bank. Before entering into the micro finance arena, Dr. Pant worked for 26 years in the Research, Banking Regulation, and Supervision Departments of Nepal Rastra Bank, and resigned as Deputy Governor in 1995. He has also worked as a member of the Board of Directors of Nepal Bank Ltd., Rastriya Banijya Bank, Nabil Bank and Agriculture Development Bank. From 1991 to 1993

Mr. Panta also worked as a Research Advisor to the Central Bank of Gambia, in East Africa, under the International Monetary Fund technical assistance program.

Monday, September 7, 2015

Govt Asks Employees not to disrupt the Communal Identity

The Office of the Prime Minister has issued a statement asking the government employees to not post materials that are likely to disrupt comminual identity in social networking sites like Facebook and Twitter on Monday. The statement is signed by the Office's spokesperson and joint secretary Uttam Kumar Khatri. Various posts in social networking sites have contributed to creating communal discord and have influenced social security as well, the statement reads. It also requests the employees to refrain from sharing or liking such materials posted by others.

Sunday, September 6, 2015

RPP-N take out rally for Hindu state

The Rastriya Prajatantra Party-Nepal (RPP-N) has taken out a Rally leading by RPP-N chairman Kamal Thapa, demanding that the new constitution declare Nepal as a Hindu nation on Sunday. The Rally which started from Babarmahal has reached the New Baneshwor, where it has convened into a corner assembly. The top three parties on Saturday 5 sep night decided to give continuity to secularism in the new constitution. They also agreed to provide description of religions followed in Nepal in the new statute.

Saturday, September 5, 2015

Patrol Sortage in Kathmandu Only a Rumor

Nepal Oil Corporation (NOC) claimed that the shortage of petroleum products in Kathmandu was a rumor. According to source today said that the rumor spread after series of banda in the Kathmandu Valley hampered the supply of the petroleum products here. Nowadays no petrol written most of the petrol pump.

Friday, September 4, 2015

Families of policemen killed in Tikapur incident to get......

The Nepal Police has said Rs 1 million each as financial relief to the families of police personnel killed during clash with protesters in Tikapur of Kailali district.A press statement issued by the Nepal Police Headquarters on Thursday stated that the ‘Nepal Police Relief Fund’ would provide Rs 1 million each to the families of Senior Superintendent of Police Laxman Neupane, Police Inspectors Balram Bista and Keshav Bohara, Head Constables Shyam Bahadur Khadka and Janak Bahadur Negi and policeman Lokendra Bahadur Chand. They announced also that the children of the deceased police personnel would be given scholarships for their higher studies. Likewise, the Fund would bear treatment costs of the injured policemen and run income generating program run for them

Thursday, September 3, 2015

Nepal Credit & Commercial (NCC) Bank Limited is distributing 38% Bonus Share Certificate to its shareholders

Nepal Credit & Commercial (NCC) Bank Limited is distributing 38% Bonus Share Certificate to its shareholders from today (15th Bhadra, 2072). All its Shareholder can collect their certificate from NCM Merchant and Banking Limited, Kamalpokhari, Kathmandu.

China to cut 300,000 troops by 2017

China declared it will cut the number of its standing troops by 300,000 by the end of 2017 on Thursday, in its latest effort to build slimmer but stronger armed forces. Yang Yujun, spokesman of China's Defense Ministry, made the announcement at a press conference hours after President Xi Jinping, also chairman of the Central Military Commission, pledged the military cuts at a massive military parade commemorating the end of WWII. According to him, move will mainly target troops equipped with outdated armaments, administrative staff and non-combatant personnel, while optimizing the structure of Chinese forces. Even after the reduction, China's military will still be the world's largest, which meets China's practical needs, Yang said. Aside from safeguarding national unity and territorial integrity, China needs a military to undertake non-military tasks such as disaster relief, peacekeeping and international rescue, he said.Concerning China's defense budget, Yang said it will be kept on a proper level to meet various needs including expenditure on new armaments, information technology and soldiers' salaries. When debate about whether the money saved from downsizing will be used to develop other weapons, the spokesman reiterated China's defensive nuclear policy, saying it won't use nuclear weapons first and China advocates peaceful exploration of outerspace. China announced in March a 10.1-percent rise in national defense budget in 2015, the lowest growth in five years. Yang noted the military cut announcement will underline China's bonafide and wish to uphold peace, achieve common development and share prosperity with other nations. He also told the press conference that "more reform measures will be released.

Wednesday, September 2, 2015

Nabil Balanced Fund-1 Net Asset Value 18.26 per unit

Nabil Balanced Fund-1 share price stands Rs 18.26 per unit for Shrawan month, which is Rs 2.39 more than Ashar month.
The net profit is Rs 17 crore 90 lakh which is 283% more in comparison to Ashar month.During the same period the company’s received income is Rs 17 crore . 

Tharu lawmakers unite of NC press leadership

Resubmitting the demands to Prime Minister and party president, Sushil Koirala in the meeting of the party's parliamentary party today, a team of 58 lawmakers  warned that they would file amendment proposals on the Bill of the new constitution against party directives to do so if the leadership fails to address their demands.

Earlier, the CA members from Madhesh and Tharu communities had submitted 5-point memorandum including demands on state delineation, electoral constituency determination, ending inequality on citizenship provision and ensuring proportional representation in all sectors.
Arguing that the top parties cannot move ahead with the constitution drafting process by neglecting the demands of the Madhesi and Tharu communities, lawmakers including minister Bimalendra Nidhi warned that they would file individual amendment proposals on the Bill of the new constitution if the leadership fails to address their demands.
The lawmakers also expressed confidence that implementing the 5-point demands would address the dissatisfaction that have surfaced in the Terai-Madhesh currently.

Although the CA does not permit the parties to issue whips, NC had given directives to its lawmakers to not file amendment proposals on the Bill of the new constitution.
The 5-point demand include demarcating two provinces in Terai, determining electoral constituencies based on population, equal treatment to citizenship based on descent and naturalized citizenship, proportional representation in all state bodies and forming constitutional commissions to safeguard minority groups and communities.

Wednesday, July 29, 2015

Baidya meets Koirala


 CPN-Maoist Chairman Mohan Baidya on Wednesday shared his party’s dissent to the overall constitution drafting process and the first draft of the statute.
In a meeting with Prime Minister Sushil Koirala at latter’s official residence in Baluwatar. Baidya urged the government to respect the people’s aspirations in the new constitution.Baidya informed PM Koirala that his party is in favour of the Federal People’s Republic Constitution. Party Secretary Dev Gurung was also present in the meeting.

“Chairman Kiran (Baidya) expressed the party’s dissatisfaction to the draft that undermines the people’s aspirations expressed through people’s war, various people’s movement and Madhes uprising,” reads a statement issued by CPN-Maoist after the meeting Baidya also submitted two copies of the party’s 25-point concept document pertaining to “people’s constitution”. The document, which was also presented to the ruling parties in past talks, underlines the need to hold an all-party roundtable conference to settle the disputed issues of the constitution writing and formation of new government.

At least 15 people dead and more than 50 missing in Kaski lanslide

At least 15 people were dead and more than 50 are missing in Bhadaure  kaski landslide on Wednesday ( July 29) night.
Locals predict more than 50 people were buried by the landslide whose bodies are yet to be recovered. At least 30 houses in the village were buried in the landslide.
According to Kaski police, , some 25 injured people were rescued and rushed to the hospital for treatment.  Some 20 people have remained out of contact, said the police.    
Wednesday night heavy rainfall was going for 4 hours.

Match between Scotland VS Nepal delayed by rain

Rain  has affected the first match of the ICC World Cup Cricket League Championship between Scotland and Nepal scheduled to take place at the latter's in the  homeland in the Scotland .
ICC has further updated that the weather condition has improved and the Match is scheduled to kick of sometime. The match was initially scheduled  for 3: 30 pm. 

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' Madhes- based parties would boycott unless their demands were met.' Karna

Makhamali News - Chairman of sadbhawana party Laxman Lal Karna  said in the meeting of CA(Constituent Assembly) that four Madhes -based parties would boycott unless their demands were met on wednesday.
In the beginning of the meeting, he demanded that the 16- point pact reached between the top four parties be revoked since the supreme court had objected to the deal as the basis of drafting the constitution.
He complained that the draft of the new constitution  has failed to address the issues of the women, Madhesi people, and other Marginalized groups. The public feedback collection campaign was a wastage of two billion rupees, he added. 

Sadbhawana Party, The Tarai Madhes Democratic Party, Federal Socialist, Forum Nepal and The Tarai Madhes Sadbhawana Party walked out theCA hall as soon as Karna finished his address.

Shaha discharged from the hospital


Makhamali July 29-  Former crown prince Paras Shaha has discharged from Norvic International Hospital, kathmandu today.
He was admitted to the hospital due to sudden irregular heartbeats on July 26. Doctors implanted an ICD (Implantable Cardioverter Defibrillator) or self shocking machine in the heart of former Crown Prince Paras Shah on July 26  evening itself.all the parameters of ICD that was implanted on  itself were found to be in satisfactory and desirable range, the hospital said.

A team led by Dr Bharat Rawat and Dr Sujeev Raj Bhandari successfully placed the battery-powered device in Shah's chest. The small device helps to regulate the heartbeat.In February, 2013, he had suffered a major heart attack and was admitted at the Bangkok-based Samitivej Hospital.
The doctors attending on Shah will see him in follow-ups after two day.

Tuesday, July 28, 2015

15 injured in road accident

Fifteen people have injured when two passenger collided head on at Daunne, Dumkibus-5 of Nawalparasi district on Tuesday. Both drivers of Buses were left unharmed from the accident.

The bus Lu 1 kha 5900 heading to the east collided bus Lu 1 kha 8693 coming from the opposite side.
The injured were being treated at the local hospital. According to the police they have sustained minor injuries.

People felt 4.1 aftershock in today

National seismological center recorded a 4.1 magnitude tremor with epicenter in Batase, Sindhupalchok district.

A total of 362 aftershock of four scale and above have been recorded since the 7.8 scale of earthquake shook Nepal on April 25.

Saturday, July 25, 2015

New constitution by mid-August said Koirala

KATHMANDU, JUL 25 -
                                                                                       

Prime Minister Sushil koirala has said that the new  constitution would be promulgated with in coming mid August.

Accepting a memorandum submitted by Reporters’ Club Nepal along with a demand for full press freedom in the new constitution, at his official residence this morning, Prime Minister Koirala said the new constitution would reflect the aspirations of all sides, communities, ethnicity, languages and culture.
He also shared that efforts were being made to bring the Mohan Baidhya-led CPN-Maoist and the Madhes-centric parties on board in the constitution drafting process. Parties who have accepted democracy and fought elections cannot negate it.

4.3 magnitude aftershock recorded at 12:05 Am Saturday

Aftershocks  of 7.8 magnitude earthquake struck Nepal on April 25 have continued to occur, although their frequency has declined. National seismological center recorded a 4.3 magnitude at 12:05 morning  tremor with epicenter at   Mali-Dolakha district.
National seismological center stated that, Nation faced 356  earthquake magnitude of 4 or more than 4.

Government has permitted 'NA' to reopen north trade points

Nepal government has permitted the  Nepal Army(NA) to open two major trade route with China  In coordination with the Chinese paramilitary force.The Araniko and Syabrubensi-Rasuwagadhi highways were blocked due to the damage caused by the earthquake, hampering trade with China as the festive season nears.

A Cabinet meeting on Friday decided to give the Army  go-ahead for opening the highways in coordination with the Chinese team and other government security bodies to resume vehicular movement on Khandichaur-Tatopani and Syabrubensi-Rasuwagadhi, among other stretches.

According to the Minister for Information and Communications Minendra Rijal, the Cabinet decided to constitute a Coordination and Facilitation Committee with the foreign secretary as the coordinator.
During a press briefing On Tuesday, the visiting Chinese Deputy International Trade Representative and Assistant Minister for Commerce, Zhang Xiangchen said that  China will provide support for restoration and re-opening of Araniko and Syabrubesi-Rasuwagadi Highways  as priority projects.

Friday, July 24, 2015

D-MAT transtion compulsory for more 20 companies

CDS and clearings ltd forced  to more twenty companies  D-MAT Transition compulsory from Shrawn 30. According to CDS those Companies are as follow:

1) Nepal Investment Bank
2) Sanima Mai Hydropower
3) Nirdhan  Utthan Bank
4) Solti Hotel
5) NIDC Deveopment Bank Ltd
6) NLG Insurance Company Ltd
7) Sagarmatha Insurance Company Ltd
8) Janata bank Nepal Ltd
9) Siddartha Finance Ltd
10)  Kalika Microcredit
11) ICFC Finance
12) Prime Commercial Bank Ltd
13) Nepal Dursanchar Company Ltd
14) Prudential Insurance Company Ltd
15) Neco Insurance
16) Naya Nepal Laghubitta Bikas Bank Ltd
17) Lumbini Janaral Insurance Company Ltd
18) Jyoti Bikas Bank
19) Standard Chartered Bank
20) Siddartha Insurance Ltd


A child of ten years murdered in the name of sacrifice

A child of ten years  in Nawalparasi  was murdered in the name of making a sacrifice to a deity by a witch doctor practicing shamanism way of treatment on friday.

Police Inspector of Regional Police Office Belitar Jagat Bandhu Pokharel said that Jeevan Kohar, son of Shivamangal Kohar, was murdered by Chamar, who had been practicing shamanism way of treatment on his neighbor Sukai Chamar’s sick son.

Kohar’s family had reported the missing of ten-year-old at local police station after failing to find him following intensive search by family members, relatives and villagers.The police said that the dead body of the murdered boy was found at nearby shrub from Chamar’s house with his throat slit open.


Convicted Chamar said that Kohar was sacrificed (in his words) as his neighbor’s sick son had been mumbling about wanting to savor human meat since few days.Police have taken convicted Chamar and eight other into custody for further investigation into the case. 

Two Persons killed in road accident

Makhamali news July 24- Today two persons were killed in a road accident at Lamaha Bridge along the East - West highway. The accident claimed two persons,Som Majhi and Kul bahadur Majhi of Nijgadh 7 on the spot. They were travelling on the tractor, police conformed.
The accident took place when a night bus  (Na 4 Kha 629) heading to Janakpur from Kathmandu hit a tractor (Na 2 Ta 3056) heading to Chandrapur from Nijgadh at the place.
 Likewise,  the tractor driver Dhan Bahadur Majhi and another person on the same tractor Binesh Majhi who were injured in the accident are undergoing treatment at the Narayani Sub- regional Hospital, Birgunj. Two passengers of the bus are also injured.

Police arrested 75 strikers

 Makhamali july 24 - Police have arrested 75 strikers of the Netra bikram chand 'Biplav' - lead CPN maiost from kathmandu and Lalitpur district. Police arrested 74 strikers, when involving invandalizing public vehicles and enforcing shutdown from Kathmandu district and remaining from Lalitpur.
Security in Kathmandu valley has been tightened by mobilising a large number of security personnel at different places after cadres of the CPN (Maoist) started demonstrating from early morning.Spokesperson at Metropolitan Police Office, Senior Superintendent of Police Narayan Singh Khadka, told the National News Agency (RSS) that the strikers were found carrying petrol in bottles and jerry cans.

Thursday, July 23, 2015

Benefits of market segmentation

Marketing segmentation is the act of identifying and profiling distinct group of buyers who might prefer varying products and marketing mixes. It pushes the organization to achieve its marketing goal. Market segmentation offers the organization the following benefits:

a) Increase in market opportunities
Through segmentation an organization comes closer to a particular group of customers, hence it becomes more responsive to the changes in the market. It can develop new product according to market demand     very soon.

b) Understanding of the customers
A segmentation perspective leads to a more precise definition of the market in terms of consumer needs. Thus, it improves management understanding of the customer and more importantly, why he/she buys.

c) Market 0bjectives
It leads to a precise setting of market objectives. Targets are defined operationally, and performance can later be evaluated against these standards.

d) Sound marketing programme
On the basis of market segmentation an organization can prepare and fallow a sound marketing programme.

e) Strengthen management capabilities
A continuous programme of market segmentation strengthen, management capabilities in meeting changing market demands. Organization.

f) other benefit
IT provides various types of information which are useful in marketing research, product development, evaluation of marketing activities, facilities and distribution etc.

Four Requirements for market segmentation

Market segmentation is meaningful when the customer needs and characteristics are heterogeneous. The Four requirements for effective market segmentation are as follows:

1 (Measurable
Customer size, needs, purchasing power and their characteristic should be measurable for effective market segmentation otherwise segmentation   job is impossible.

2) Actionable
The firm should be able to formulate and implement marketing program to serve the segment.

3) Divisible
The segments are conceptually distinguishable and respond differently to different marketing mix elements and programs. In other words there must be some basic for dividing customer into meaningful homogeneous group.

4) Accessible
Segmentation no value if firm cannot find middleman to distribute the product and services in target market or particular segment. So we can say accessibility is the most requirements for effective market segmentation.


Monitory Policy 2072/73

Jul 24, 2015

 Monetary policy for the new fiscal year 2072/73 has been announced by Governor Dr. Chiranjibi Nepal of Nepal Rastra bank Yesterday.

As per   Monetary Policy 2072/73 , the commercial banks would have to increase their paid-up capital to Rs8 billion from existing Rs2 billion. Depending on their working areas, development banks will have to increase their capital to Rs500 million-Rs1.20 billion from Rs640 million. Likewise, the finance companies will have to raise their capital to Rs400 million-Rs800 million from existing Rs 200 million.
Monetary Policy has aimed Bank and Financial Institutions to bring an increment of 0.5 percent in the compulsory deprive sector lending. NRB had increased the level of compulsory deprived sector lending to 5 percent, 4.5 percent and 4 percent of total loan portfolio for commercial banks, development bank and finance companies, respectively.

Cash Reserve Ratio and The Statutory Liquidity Ratio remained unchanged.

41 Individuals arrested from Transport Management

Makhmalinews, July 23- Nepal police have arrested 41 individual during a raid conducted at  Transportation Management offices at Ekantakuna and Talchikhel in the Kathmandu district on Thursday.
 according to the police,they have been known to be the middlemen involve in the financial transaction between service seekers and government officers.  the police have also seized their documents.
Middlemen at  Transport Management office deal with service seekers and promise them success in written tests and trails.

Nepse jumps 40 points with new monetary policy

"Nepal should have directly elected executive head" said Bhattarai

UCPN (Maoist) Leader Baburam Bhattrai demanded constitutional provision for directly elected executive head on thursday, July 23.
He said majority of the citizens who provide their feedback on the draft constitution suggested to make provision for directed elected head of government when speaking to journalist at Biratnagar Airport today.The political parties most hold discussion in this light, he added.

Wednesday, July 22, 2015

Genetic studies link indigenous peoples in the Amazon and Australasia

American History 201

An indigenous Xavante midwife. Credit: AgĂȘncia Brasil


Native Americans living in the Amazon bear an unexpected genetic connection to indigenous people in Australasia,
suggesting a previously unknown wave of migration to the Americas thousands of years ago, a new study has found.
"It's incredibly surprising," said David Reich, Harvard Medical School professor of genetics and senior author of the study. "There's a strong working model in archaeology and genetics, of which I have been a proponent, that most Native Americans today extend from a single pulse of expansion south of the ice sheets—and that's wrong. We missed something very important in the original data."


Read more at: http://phys.org/news/2015-07-genetic-link-indigenous-peoples-amazon.html#jCp

4.6 magnitude aftershock recorded at 10:14 pm wednesday

Aftershocks  of 7.8 magnitude earthquake struck Nepal on April 25 have continued to occur, although their frequency has declined. National seismological center recorded a 4.6 magnitude tremor with epicenter in Kavreplanchowk district.

Lalit bahadur basnet appointed legal advisior to president

  1. Makhamali, july 22 - President Dr Ram Baran Yadav has appointed Lalit bahadur Basnet, a resident of Gulmi district as his legal advisor.