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Kathmandu. Portugal's young forward Gonzalo Ramos has become the first player to score a hat-trick in the ongoing FIFA World Cup in Qatar.In the last 16 match against Switzerland, Ramos completed the hat trick by scoring 3 goals. He played as the first choice in place of regular captain Cristiano Ronaldo and completed the hat trick by scoring goals in the 17th, 51st and 67th minutes.
After about 8 and a half months, the government has decided not to continue the ban on the import of luxury goods. The cabinet meeting held on Tuesday decided not to continue the import ban on expensive vehicles, mobile phones, alcohol and motorcycles after the end of November.Considering the fact that the demand in the market has decreased and the economy is heading towards recession and it is becoming difficult for the government to meet the revenue targets, the government has removed the restrictions imposed on the import of various goods.
Kathmandu. The entrepreneur-businessman had a meeting with Prime Minister Sher Bahadur Deuba. In their meeting with Prime Minister Deuba, they discussed the problems seen in the economy.
In the meeting, Prime Minister Deuba assured to take necessary steps to solve the problems seen in the economy, according to Federation of Nepalese Industry and Commerce. In a meeting with the delegation including the officials of the Federation in Baluwatar on Tuesday, Prime Minister Deuba promised to find a solution after discussing with the Ministry of Finance and the National Bank.
In the meeting with the delegation of the federation led by the president Shekhar Golchha on behalf of the federation which is in the campaign to save the economy, Prime Minister Deuba promised to take the lead in solving the problem by inviting everyone including the private sector.
Earlier on Sunday, the Federation delegation team had met CPN - UML Chairman KP Sharma Oli and CPN Maoist Center Chairman Pushpa Kamal Dahal separately and asked them to protect the country's economy as it is risk-oriented.
In the meeting, Oli and Prachanda promised to take initiatives to solve the problems seen in the economy, the federation said.
The Federation delegation, which met Finance Minister Janardhan Sharma on Friday, met Industry, Commerce and Supply Minister Dilendra Prasad Badu on Monday afternoon.
In the meeting with the top leaders including Prime Minister Deuba, the delegation has expressed concern that the economy has been affected in multiple ways and even the first quarter review of the current year's monetary policy has failed to address the existing problems and has asked for cooperation and coordination in solving the problem.
The suggestion given by the federation in the meeting is as follows:
According to the banks, about 60 billion rupees of refinancing will be returned from the financial institutions by the end of December. This will not only cause problems for entrepreneurs, it will further deepen the lack of liquidity in the market. Therefore, at least one year loan renewal facility should be given.
The mandatory cash ratio should be reduced by one percentage point. The policy rate should be reduced.
Liquidity management measures should be adopted by transferring the money in the government treasury.
It should be arranged that the amount going to the local level should be calculated at 100% for a certain period.
Lack of capital expenditure is an old problem of the country and lack of liquidity in the market requires special initiatives to increase expenditure. It is necessary to immediately implement the plan to increase the expenditure in the context that the Ministry of Finance has identified the reason for the lack of capital expenditure.
In order to attract foreign investment, the automatic process mentioned in the budget will have to be implemented. In this regard, an immediate procedure should be made to increase foreign investment.
Country Rating, which has been included in the government's policies and programs, should be done immediately. Bonds and other instruments can be used to bring in international funds. Policy reforms are needed to bring in funds from other investment sources.
The private sector and banks should be facilitated and encouraged to take loans from abroad.
The provision of providing loans to manufacturing industries at a lower interest rate than other businesses mentioned in the government's budget statement should be made a procedure and implemented immediately.
A group vandalized Radio Banglachuli in Banglachuli Rural Municipality of Dang. Bhupendra Prakash Wali, program coordinator of the radio, said that at 1:30 pm on Monday, some persons entered the radio station and vandalized it as well as assaulted the staff. He said that the radio was vandalized, internal documents of the office were torn, journalists were assaulted.
The fact that a young man married twin sisters in Solapur, Maharashtra, India has become a topic of discussion. But the legal implications of this marriage are also being debated.
Maharashtra State Commission for Women Chairperson Rupali Chakankar has directed to proceed with the legal process on this issue.
Rupali Chakankar tweeted, "A young man in Solapur has married twin sisters from Mumbai. This is an offense under section 494 of the Indian Penal Code. The matter needs to be investigated by the Solapur police and immediate legal action should be taken. Also report to the Maharashtra State Commission for Women." Act 1993 is required to be submitted immediately as per Sec.
In Akluj area of Solapur, a man married his twin sisters in a mandap.
Kathmandu. A meeting was held between CPN Maoist Center Chairman Pushpa Kamal Dahal Prachanda and CPN UML Secretary Raghuveer Mahaseth.
Mahaseth Prachanda reached Khumaltar residence for the meeting.
Kathmandu. There is a double digit decline in the stock market. On Monday, the second trading day of the week, the market index NEPSE fell by 24.46 points (1.25 percent) and closed at 1938.76 points.
Along with NEPSE, all the sub-indices have declined. While the banking sub-index leading the market fell by 0.71 percent, the financial companies and manufacturing sub-index fell by more than 2 percent.
Kathmandu. Bhuvan KC will be allowed to work as the Chairman of the Film Development Board.
On July 30, while hearing a writ petition questioning his qualifications, the Supreme Court issued a short-term interim order barring him from working as the Chairman of the Development Board.
