A view of Sun Pokhari located in the Loden area of Mikwakhola Rural Municipality-5 in Taplejung, located at an altitude of 4,500 meters above sea level.
According to the Federation of Nepal Gold and Silver Dealers' Association, the price of hallmark gold has been determined at Rs 194,400 per tola today, which was traded at Rs 193,000 per tola on Tuesday.
Chief District Officer (CDO) of Chitwan Prakash Poudel said that more than 25,000 households in seven municipalities of the district are at risk of floods and landslides.
Prime Minister KP Sharma Oli is addressing the National Assembly on Wednesday on Nepal's graduation from the least developed country (LDC) to the status of a developing country.
Four drinking water processing industries have been taken action for their failure to meet standard. Such drinking water industries running at Lahan municipality were fined Rs 5,000 each.
Lama's chief personal secretary of the Chief Minister of the province, Bahadur Singh Lama, Chhatra Bahadur Lama, said that the Bagmati provincial government is preparing to appoint three lawmakers as ministers.
Flash floods have occurred in the Bhotekoshi and Trishuli rivers on the Nepal side since Tuesday night triggered by heavy rainfall in the Tibet region of China.
Lalitpur, July 30: The businesspersons representing various organizations have expressed mixed views on investment atmosphere and industrial development in the country.During a programme organized by the Department of Financial Institution Coordination of Nepali Congress at its office, Sanepa, on Tuesday, FNCCI President Chandra Prasad Dhakal argued negative narratives were being spread via social network sites, discouraging investors. We need to correct such wrong narrative, he said, adding that Nepal's laws, budget and monetary policy are in favour of private sector, which, he argued, would help bring further investment.Chairman of the Development Bankers' Association, Suyog Shrestha, complained that local government was not cooperating well for investment promotion. Creating favourable atmosphere is essential for it. Depending solely on remittance for national economy is wrong, Shrestha reminded.Similarly, Chairman of the Commercial Bank and Financial Institutions' Confederation Nepal, Upendra Paudel, said tourism sector was in need of adequate infrastructures. The banks and financial institutions were providing loan to those willing to launch entrepreneurship and industries after returning from foreign jobs. Time has come to build their capacity now.Former governor of Nepal Rastra Bank, Dr Chiranjivi Nepal, commented that government brought the budget, giving a positive message. It would give impetus to economic activities. The monetary policy was also not rigid, which helped reduce interest rate.Former Executive Officer of Security Board of Nepal, Niraj Giri, also argued that favourable atmosphere was created for capital market. The SEBON Act requires amendment, he suggested. Chartered accountant Anal Raj Bhattarai viewed electricity, transport and financial sectors were contributing hugely to national economy. (RSS)
Lalitpur, July 30: The businesspersons representing various organizations have expressed mixed views on investment atmosphere and industrial development in the country.During a programme organized by the Department of Financial Institution Coordination of Nepali Congress at its office, Sanepa, on Tuesday, FNCCI President Chandra Prasad Dhakal argued negative narratives were being spread via social network sites, discouraging investors. We need to correct such wrong narrative, he said, adding that Nepal's laws, budget and monetary policy are in favour of private sector, which, he argued, would help bring further investment.Chairman of the Development Bankers' Association, Suyog Shrestha, complained that local government was not cooperating well for investment promotion. Creating favourable atmosphere is essential for it. Depending solely on remittance for national economy is wrong, Shrestha reminded.Similarly, Chairman of the Commercial Bank and Financial Institutions' Confederation Nepal, Upendra Paudel, said tourism sector was in need of adequate infrastructures. The banks and financial institutions were providing loan to those willing to launch entrepreneurship and industries after returning from foreign jobs. Time has come to build their capacity now.Former governor of Nepal Rastra Bank, Dr Chiranjivi Nepal, commented that government brought the budget, giving a positive message. It would give impetus to economic activities. The monetary policy was also not rigid, which helped reduce interest rate.Former Executive Officer of Security Board of Nepal, Niraj Giri, also argued that favourable atmosphere was created for capital market. The SEBON Act requires amendment, he suggested. Chartered accountant Anal Raj Bhattarai viewed electricity, transport and financial sectors were contributing hugely to national economy. (RSS)
According to the District Police Office, Nawalpur, 15-year-old Kishor Adesh Shrestha, of Kusmughat, Gaindakot Municipality-5, and 59-year-old Mitha Giri, a permanent resident of Haldev Rural Municipality-1, Nuwakot district, went missing after jumping into the Narayani River.
A public building constructed with the investment of millions of rupees has been left unused while the government office is running from a rented house at Bishnupur rural municipality-1 in the district.
The Weather Forecasting Division has said there is a nationwide impact of monsoon wind at present. The low pressure belt of monsoon is around its normal range.
The Bhoteskoshi River has been flooded again since early this morning, spreading alarm in the downstream areas.
Ministry of Energy, Irrigation and Drinking Water in Madhes Province has made decision to provide relief to the vulnerable communities including those suffering from the drought.
Minister for Physical Infrastructure and Transport, Devendra Dahal, has informed that installation of a bailey bridge on the Lhende stream was begun in a bid to reopen the Rasuwagadhi border point.