ECONOMY
Stocks continue to falter
Stocks continue to falter
KATHMANDU, AUg 22: Stocks fell for consecutive days on Tuesday as the benchmark Nepal Stock Exchange (Nepse) index ended the day 4.18 percent lower to 1,183.9 points. The market remained under pressure since the beginning of Tuesday's session, losing more than 5 points by midday.
Aug 22, 2018
SPORTS
Italian police identify Lazio ultras who want women banned from stadium
Italian police identify Lazio ultras who want women banned f...
ROME, Aug 22: Italian police along with the country’s Football Association (FA) have identified the SS Lazio ultras who recently called to ban women from a “sacred” section of Rome’s Stadio Olimpico.
Aug 22, 2018
ECONOMY
Inflation falls to 14-year low of 4.2%
Inflation falls to 14-year low of 4.2%
KATHMANDU, Aug 22: The annual average inflation dropped to a 14-year low of 4.2 percent in the last fiscal year.
Aug 22, 2018
WORLD
Powerful quake hits Venezuela coast, damage limited
Powerful quake hits Venezuela coast, damage limited
VENEZUELA, Aug 22: A major earthquake of magnitude 7.3 struck Venezuela’s eastern coast, home to largely poor fishing communities, on Tuesday afternoon, shaking buildings as far away as Colombian capital Bogota and knocking power out in parts of Trinidad.
Aug 22, 2018
ECONOMY, SOCIETY
Experts stress cooperation for inclusive development
Experts stress cooperation for inclusive development
KATHMANDU, Aug 22: Experts have said that South Asian countries including Nepal should move forward deepening economic cooperation within the region and also with other Asian countries for inclusive and balanced economic development of the south Asian region.
Aug 22, 2018
POLITICS
CC begins process to give full shape to statutory bodies
CC begins process to give full shape to statutory bodies
KATHMANDU, Aug 22: The Constitutional Council (CC) headed by Prime Minister KP Oli has started the process to give full shape to eight different statutory commissions as provisioned in the constitution promulgated in September 2015.
Aug 22, 2018
OPINION, Interview
'Local taxes are not the consequence of federalism'
'Local taxes are not the consequence of federalism'
Former finance secretary and economist Rameshore Khanal argues that federalism is not the cause of current anomalies in local taxation and that federalism has not raised government expenditure.
Aug 22, 2018
SOCIETY
Powerhouse and dam construction still in limbo
Powerhouse and dam construction still in limbo
SURKHET, Aug 22: The much talked-about Bheri Babai Multipurpose Project looks quite in a sorry state. Project officials themselves express doubt over the timely completion of the project as the construction of the dam and powerhouse has not kicked off till date. The only component of the project tha...
Aug 22, 2018
SOCIETY
Drivers, commuters, police delighted by the opening of underpass at Kalanki
Drivers, commuters, police delighted by the opening of under...
KATHMANDU, Aug 22: When Kamal Thapa, 36, started driving a public bus in the ring road route seven months ago, the most frustrating thing he encountered was the three hours long traffic jam in Kalanki. Construction works for road widening was ongoing then and the vehicles had to be run in a narrow s...
Aug 22, 2018
SOCIETY
Police ‘frame’ mentally ill person in rape, murder case
Police ‘frame’ mentally ill person in rape, murder case
KANCHANPUR, Aug 22: Police on Monday arrested Dilip Bista of Bhimdatta Municipality-19 on the charge of raping and murdering 13-year-old Nirmala Panta of Bhimdatta Municipality-18 a few weeks ago. However, locals and the family members have accused the police and the local authorities of framing an...
Aug 22, 2018