SHANGHAI, Dec 23: China has punished 8,123 people for committing fiscal violations after an audit of how the government’s 2016 central budget was spent revealed multiple problems, the Xinhua state news agency reported.

KAVRE, Dec 29: Uma Parajuli of Baajpokhari - 3 had received Rs 50,000 as part of the first installment of the house grant provided by the state. Since her village is always in shortage of water, she had to transport water from a far away source for constructing the new house.

KATHMANDU, Oct 29: The Securities Board of Nepal (Sebon) has taken action against four merchant bankers and six brokerage firms for not submitting their annual financial reports of last fiscal year 2015/16.