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ECONOMY

Contractor’s negligence puts bridge in limbo

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ILAM, Nov 17: Negligence of the contractor has put Dudhang bridge of Ilam-Soyang-Nayabazar road section in limbo. Although the deadline has been extended twice, the completion of the bridge is still uncertain.
Nov 17, 2018
ECONOMY

FinMin, senior World Bank official visit Majhi settlement

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RAMECHHAP, Nov 17: Finance Minister Yuba Raj Khatiwada and Chief Executive Officer of National Reconstruction Authority (NRA) Sushil Gyawali visited the Majhi settlement of Ramechhap along with external donors on Friday.
Nov 17, 2018
ECONOMY

Economists fear local units inheriting ‘fiscal anarchism’ fr...

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KATHMANDU, Nov 17: Economists and experts have warned that the growing ‘fiscal anarchism’ at the center if shifted to provincial and local levels, will be disastrous. They have also called for fiscal discipline at all levels of the government to achieve effective and productive public expenditure.
Nov 17, 2018
ECONOMY

Country now has stable macroeconomy: Finance Minister

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KATHMANDU, Nov 17: Calling upon investors to invest in Nepal, Finance Minister Yuba Raj Khatiwada has said that the country’s macroeconomic system is now stable and the tax system is credible.
Nov 17, 2018
SOCIETY

Road extension around Fewa Lake risks soil deposition

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POKHARA, Nov 17: ‘Haphazard’ road extension around Fewa Lake has put the lake under risk as the mud released during the construction get deposited in the lake. The ‘haphazardly’ widened road at Pancheswar area has badly affected the texture of the lake, experts noted.
Nov 17, 2018
POLITICS

By-polls uncertain due to govt delay in clearing legal hurdl...

By-polls uncertain due to govt delay in clearing legal hurdles
KATHMANDU, Nov 17: The fate of by-elections in various constituencies remain uncertain as the government has not been able to clear the legal hurdles and announce election dates.
Nov 17, 2018
ECONOMY, POLITICS

Mayor’s construction firm embezzles NEA’s Rs 1.4 million

Mayor’s construction firm embezzles NEA’s Rs 1.4 million
SURKHET, Nov 17: Even after taking Rs 1.4 million as an advance in a contract worth Rs 14.2 million, a construction company owned by a mayor in Surkhet district has failed to make any progress in an electricity transmission line project. The project’s completion deadline expired three years ago.
Nov 17, 2018
ECONOMY

Govt Rs 150b short for housing grants

Govt Rs 150b short for housing grants
MANTHALI, Nov 17: The government is going to face cash crunch to distribute grants to the earthquake survivors whose houses were destroyed in the 2015 earthquakes.
Nov 17, 2018
POLITICS

Govt progress on transitional justice likely in a month

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KATHMANDU, Nov 17: Top political leaders in Nepal have informed Deputy Secretary-General of the United Nations Amina J. Mohammed, who was on two-day visit here, that the government will make some progress on resolving decade-old transitional justice issues by next month.
Nov 17, 2018
SOCIETY

DNA of 4 more suspects fails to match

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KANCHANPUR, Nov 17: The DNA samples of four more suspects do not matched the sample taken from 13-year-old rape and murder victim Nirmala Pant.
Nov 17, 2018
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