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Sebon slaps record fine against two stock brokers
Published On: January 10, 2018 09:56 AM NPT By: Sagar Ghimire
KATHMANDU, Jan 10: The Securities Board of Nepal (Sebon) has slapped a record fine on two stock brokerage firms for their failure to maintain know-your-customer (KYC) compliance.
Flood, fire victims to get subsidized loans to rebuild houses, run business
Published On: January 10, 2018 09:50 AM NPT By: Republica
KATHMANDU, Jan 10: At a time when earthquake victims are struggling to get subsidized loans from bank and financial institutions (BFIs), the Nepal Rastra Bank (NRB) has introduced working procedure to provide similar concessional credit to the flood victims of Saptari and fire victims of Bhojpur and Terhathum for construction of house and run businesses.
TIA still to recover dues worth Rs 1.45 billion
Published On: January 10, 2018 09:11 AM NPT By: Republica
KATHMANDU, Jan 10: The country's only international airport, Tribhuvan International Airport (TIA), is still to recover Rs 1.45 billion from airline companies, government offices and other commercial organizations.
Lack of motorable bridge affects trade, tourism in Jhulaghat
Published On: January 10, 2018 01:27 AM NPT By: Bira Gadal
BAITADI, Jan 10: Business activities in the district like trade and tourism have suffered due to lack of a motorable bridge over the Mahakali River in Jhulaghat.
NRA allocates over a billion rupees for flood-affected families
Published On: January 10, 2018 01:20 AM NPT By: Republica
KATHMANDU, Jan 10: The National Reconstruction Authority (NRA) has allocated over a billion rupees to the Ministry of Home Affairs (MoHA) for the rehabilitation and relief of flood-affected households. The money will be spent to distribute warm clothes and rebuild houses of the people who were rendered homeless due to the devastating floods.
Disputes on land passed by the 'people's government' surface again
Published On: January 10, 2018 01:14 AM NPT By: Devendra Basnet & Ganesh BK
DANG/RUKUM, Jan 10: Eleven years ago, Mohan KC of Rukum, Banfikot purchased eight ropanis of land from another local Tirtharaj Sharma for Rs 80,000. As the land was passed by the then 'people's government' of Maoist rebels, KC had expected that he won't have to pay tax for the land. To his disappointment, he was handed over with a small chit of paper by one of the Maoist cadres asking him to pay Rs 5,000 for the registration of land.
Air Asia X defaults on its promise to pay its dues
Published On: January 9, 2018 08:17 AM NPT By: Susheel Bhattarai
KATHMANDU, Jan 9: Air Asia X, which had promised to pay Rs 100 million it owed to the Civil Aviation Authority of Nepal (CAAN), paid only Rs 13 million on Monday.
The feature phone is not dead
Published On: January 9, 2018 07:19 AM NPT By: Ayam Shrestha
KATHMANDU, Jan 9: Bar-shaped phones in which input was given through a physical keypad were popular among users even till late 2000s.
Farmers spill milk on road to protest against DDC
Published On: January 9, 2018 02:05 AM NPT By: Yogesh Rawal
TIKAPUR, Jan 9: Farmers of Lamki of Tikapur spilled milk on the street on Monday morning as part of their protest against Dairy Development Corporation (DDC). The farmers took to the street by spilling 50 liters of milk on the road after the DDC stopped buying milk from farmers.
NATTA holding election for new executive election on Friday
Published On: January 9, 2018 01:45 AM NPT By: Republica
KATHMANDU, Jan 9: Nepal Association of Tour and Travel Agents (NATTA) is holding its 51st Annual General Meeting (AGM) and election for a new executive committee on Friday. Two panels led by incumbent 1st vice president C N Pandey and 2nd vice president D K Sharma are contesting the election.
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