KATHMANDU, June 10: The government has set per unit cost of all its spending for goods and services, from building a classroom of a public school to the price of a medicine provided to health posts to cure tapeworm.
ILAM, July 6: A few days before the second phase of local polls, Nepali Congress' (NC) Ilam district Secretary Khagendra Dewan claimed that his party would sweep all ten local units of the district. His prediction didn't materialize as the result was exactly the opposite of what they were expecting.
GENEVA, Jan 10: Smoking costs the global economy more than $1 trillion a year, and will kill one third more people by 2030 than it does now, according to a study by the World Health Organization and the U.S. National Cancer Institute published on Tuesday.
FRANKFURT, Germany, Nov 20: Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.
CHANDRA AYODHYAPUR, Siraha, Sept 16: Fulkumari Sadaya of Chandra Ayodhyapur-6 gave birth to a baby recently. Her family spent Rs 50,000 on the delivery, which they managed by taking loans. Even during the birth of an earlier child, the family had to borrow money to meet the cost of delivery.
The 2016 Summer Olympic Games have started in Rio de Janeiro’s Maracanã Stadium. The organizers have put a huge amount of work and invested an impressive amount of cash to get to this point. Hosting the Olympics is expensive with the people of Hamburg voting to withdraw their city’s bid for the 2024 games in late 2015, primarily on funding grounds.
Costs ran 51 percent over budget in Rio, ending up at $4.58 billion. Even though that may seem like a huge amount of money, it pales in comparison to the Winter Olympics in Sochi in 2014. Costs there quickly snowballed with many venues coming in catastophically over budget. The final bill for the games came to a whopping $21.89 billion. This chart shows the cost of hosting the Olympic Games since 1992.