ECONOMY
Bullion, real estate, casinos also come under money laundering scrutiny
Bullion, real estate, casinos also come under money launderi...
KATHMANDU, Jan 5: The government has designated regulating agencies to prevent money laundering in gold, silver and expensive jewelry trading, real estate, casinos, companies, auditing firms, and retirement funds managed by private companies. These sectors are believed to be havens of massive money...
Jan 05, 2019
ECONOMY
NRB lays out scenario for sending BFIs into forceful merger
NRB lays out scenario for sending BFIs into forceful merger
KATHMANDU, Jan 5: Nepal Rastra Bank (NRB) has announced that it may send bank and financial institutions (BFIs) to forceful merger in certain conditions. Issuing a circular to BFIs on Thursday, the NRB said that it may instruct BFIs with poor financial health to go for merger and acquisition.
Jan 05, 2019
WORLD
U.S. says no timeline for Syria withdrawal as fighting continues
U.S. says no timeline for Syria withdrawal as fighting conti...
WASHINGTON, Jan 5 : The United States has no timeline to withdraw troops from Syria but does not plan to stay indefinitely, a senior State Department official said on Friday, a strong signal that forces could stay until the fight against Islamic State militants ends.
Jan 05, 2019
ECONOMY
Lawmakers divided over wide-body aircraft scam
Lawmakers divided over wide-body aircraft scam
KATHMANDU, Jan 5: Lawmakers were divided on Friday over a report prepared by the sub-committee formed by the Public Accounts Committee (PAC) for investigation of the controversial procurement of wide-body aircraft by Nepal Airlines Corporation.
Jan 05, 2019
WORLD
Mexican president owns no cars or real estate, but his wife does
Mexican president owns no cars or real estate, but his wife...
MEXICO CITY, Jan 5 : Mexican President Andres Manuel Lopez Obrador said on Friday he owns no real estate, vehicles or personal property, echoing what experts say is a pattern among the country’s politicians of shifting assets to relatives.
Jan 05, 2019
SOCIETY
Local reps reach out to people
Local reps reach out to people
TERHATHUM, Jan 5: The elected local representatives of Terhathum have expedited their visits to various wards and localities in order to brief the locals on the projects implemented in the last one and a half years and to take suggestions for the upcoming projects.
Jan 05, 2019
Interview
Province 2 ready to retaliate if federal govt obstructs exercising constitutional rights:...
Province 2 ready to retaliate if federal govt obstructs exer...
KATHMANDU, Jan 5: The federal and provincial governments are at loggerheads over some issues including the delay in arranging civil servants for the provincial governments and exercising constitutional rights since the country adopted the federal setup. Fresh disputes have emerged between the two go...
Jan 05, 2019
POLITICS
Lower house members for continuity of Administrative Court
Lower house members for continuity of Administrative Court
KATHMANDU, Jan 5: Two members of the House of Representatives (lower house) have sought the continuation of the specialized Administrative Court (AC), against the decision of the National Assembly (upper house) to dissolve the AC and create an administrative bench each at the seven high courts. Lowe...
Jan 05, 2019
ECONOMY
Interim order for RAHS not to implement the new service charge
Interim order for RAHS not to implement the new service char...
DANG, Jan 5: The High Court, Tulsipur, on Friday issued an interim order, asking the Dang-based Rapti Academy of Health Sciences (RAHS) not to increase its service charges.
Jan 05, 2019
SOCIETY
Unlike others, Mushahar children inherit debt
Unlike others, Mushahar children inherit debt
SAPTARI, Jan 5: They are Mushahars, one of the marginalized communities in Saptari and Siraha districts who live hand to mouth. Most of them are also called ‘haruwa’ or ‘charuwa’ and the tag itself defines the nature of their work and lifestyle.
Jan 05, 2019