Sharp Aquos takes lead TV market
The sixt round of election for PM also doubtful
FNCCI to formulate gold management guidelines
Midas CAN SofTech 2010 terminates
36,181 Nepali jobseekers have appeared in KNT
FNJ has formed four-member team to prove journalist attack on Dharan
GSMM meeting ended inconclusively
Police indifference hitches arrest of land crooks
Black box of the Agni Air still missing
MJF-N don’t stay neutral in sixth round of voting
Capital market continues to go downward
DOC has asked gas companies to furnish clarifications
NRB slashes commission to commercial banks
rajendra man shakya(CMB)
 
 
Rajendra Man Shakya, Chief Executive Officer of CMB Finance Limited, a versatile and reputed professional in the financial sector of Nepal, spoke to Nepal Business Times regarding the economic scenario, financial and banking sector of Nepal and the progress achieved by CMB over the years. Excerpts:
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Shekhar Raj Bastakoti
Nepal’s political development remained a matter of world appreciation after warring Maoists came to the table talk and accepted political main streaming. The leadership of Girija Prasad Koirala
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Archive of April 2010
Party stands behind prachanda once again
The UCPN-Maoist leadership has today made it clear that the national government will be headed by Prachanda alone. The statement came following a meeting of the party functionaries a short while ago.
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Janata Bank Nepal has started as 27th commercial bank in Nepal
Janata Bank Nepal Limited has embarked upon its operations in the capital on Wednesday as Nepal's 27th commercial bank.

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Citizen Investment Trust is first in average share price list
Between March 29 to April 29, Citizen Investment Trust (CIT) witnessed the highest average share price amongst the finance companies whose shares were traded during the period in Nepal Stock Exchange (NEPSE).
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UCPN (Maoist) to go ahead with its planned protests even if PM resigns
The main opposition Unified CPN (Maoist) will not call off its mass meeting to celebrate May Day on Saturday and other capital centric protest programmes even if Prime Minister Madhav Kumar Nepal steps down on Friday.
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CPN-UML asking PM to resign out of office Shortly
The CPN-UML leadership is trying to have Prime Minister Madhav Kumar Nepal resign out of office as part of compromise formula with the opposition UCPN-Maoist.

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PM NEPAL has arrived in Kathmandu
Prime Minister Madhav Kumar Nepal has arrived in Kathmandu after taking part in SAARC summit in Bhutan. Talking to the reporters he has said that the summit has been a success.
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PM gets a shot in the ARM, coming back as strong
Prime Minister Madhav Kumar Nepal who is facing toughest challenge back home is coming back from Bhutan with a shot in the army. This became possible at the end of a talk with Indian counterparty Manmohan Singh earlier today.

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UCPN (M) urges govt not to suppress their 'peaceful protests'
Unified CPN (Maoist) has assured that its nationwide protests starting from May 1 will be peaceful and asked the government not to intervene in it.
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Nepse Loses It's 7.87 Points
The Nepal Stock Exchange (NEPSE) index on Tuesday lost 7.87 points to rest at 407.6 points.
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Former Revenue Department Employee Jailed For Corruption
The Special Court has slapped a one-year jail-term and a fine of Rs 22.5 million on corruption charges to Umesh Kumar Regmi, a former employee of the Revenue Department
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Former Crown Prince Says Monarchy May Come Back
Former crown prince Paras Shah has claimed that the monarchy can make a comeback in the country if the people so desires.
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Financial Sector Priorized In Rural Areas
Dr. Yuvaraj Khatiwada, governor Nepal Rastra Bank (NRB), has on Tuesday said that top priority is being given to rural areas to improve financial activities.
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SAARC Summit Kicks Off In Thimpu
The Sixteenth Summit of the South Asian Association of Regional Cooperation (SAARC) has begun in the Bhutanese capital of Thimphu on Wednesday afternoon.
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Maoist Called For Solution Through Dialogue
Two ruling partners Nepali Congress and CPN (UML) have urged the agitating Unified CPN (Maoist) to seek solution of the current political impasse through dialogue.
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Maoist Platoon Commander Arrested With Explosives
A Maoist platoon commander has been arrested in Gondrang of Chitwan in possession of some explosives during a regular security check, Tuesday morning
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Food Security To Be Dealt With Urgency
The third South Asia Policy Forum has asked the SAARC leaders to urgently work towards ensuring food security as the region is reeling under reduced food availability coupled with worldwide rise in food prices.
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Private Schools Remained Closed 3rd Day Too
Over 8000 private schools across the country have remained closed for the third consecutive day Tuesday due to forced closure by the Unified CPN (Maoist) student wing All Nepal National Independent Students Union Revolutionary (ANNISU-R).
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Top UN Official Arriving Today
UN Assistant Secretary General Ajay Chhibber is arriving today in Nepal.
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Pm Off To Bhutan For SAARC Summit
Prime Minister Madhav Kumar Nepal has left for Thimpu, Bhutan to attend the 16th Summit of South Asian Association for Regional Cooperation (SAARC) slated for April 28 to 29 leading a Nepali delegation, Tuesday.
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Maoist Agitation Not To Be Violent Says Bhattarai
Unified CPN (Maoist) vice-chairman Dr Baburam Bhattarai has said the indefinite nationwide general strike the party has announced from May 2 will be "entirely peaceful", assuring that his party doesn't want to see the country reel under violence and mayhem again.
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UML Chair Calls For Strong Unity Within The Party
CPN (UML) chairman Jhala Nath Khanal on Monday reiterated his earlier call for unity within the party to forge a political consensus for ending the current political deadlock.
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Security Asked During Maoist Stir By Ten Leading Parties
Key leaders of ten ruling parties met at Prime Minister Madhav Kumar Nepal's Baluwatar residence Monday morning to discuss the current political scenario and their strategy to deal with the protest movement of the Unified CPN (Maoist) starting May 1.
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Pm Consulting Leaders Of The Ten Parties
Prime Minister Madhav Kumar Nepal is consulting leaders of ten political parties including Nepali Congress, UML, Madhesi Janadhikar Forum-Loktantrik and Terai Madhes Loktantrik Party at his residence in Baluwatar, Monday.
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On Court Against CC Nominations; Dahal
Unified CPN (Maoist) chairman Pushpa Kamal Dahal has filed a writ petition on Sunday at the Supreme Court (SC) against the nominations made by the Constitutional Council on Friday.
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Congress coming up with decision
The Congress is today coming up with a decision to have the term of the constituent assembly extended after May 28 following the meeting of the central committee.

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PM ready to quit if the political parties come up with good decision
Prime Minister Madhav Kumar Nepal has said, he is ready to quit if the political parties come up with a consensus candidate other than Unified CPN (Maoist) chairman Pushpa Kamal Dahal for the PM’s position, Sunday.

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NEPSE goes downward spiral of 19.48 points
Nepal Stock Exchange (NEPSE) index last week saw a downward spiral of 19.48 points to close at 426.57 points. The index had gained 5.50 points the previous week.

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Maoist student wing close the private school
Institutional schools across the country have remained closed Sunday at the call of Unified CPN (Maoist)’s student wing All Nepal National Independent Students Revolutionary (ANNISU-R).
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NOC treks prices of petro-products; transport fare also trekked
Nepal Oil Corporation (NOC) has increased the prices of petroleum products for the second time in less than one-and-half months citing increased cost price.

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PM Nepal confers with MDG regional director Minar Pimple
Prime Minister Madhav Kumar Nepal has met with deputy director of Millennium Development Goals (MDG)s in the Asia and the Pacific, Minar Pimple at his residence in Baluwatar, Friday.

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Bandh paralyses life in western districts
Normal life in the western regional headquarter Pokhara has been paralyzed Friday due to a bandh organized by All Nepal National Independent Students' Union Revolutionary, (ANNISU-R), the student wing of the Unified CPN (Maoist).
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CoM finalised a24-member Nepali delegation to attend 16th submmit of SAARC.
The Council of Ministers (CoM) has finalised a 24-member Nepali delegation to attend the 16th summit of South Asian Association for Regional Cooperation (SAARC) to be organised in Thimpu, Bhutan on April 28 and 29.
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SSB arrests three YCL.
Seema Surakshya Bal (SSB), a border security force of India, has detained three cadres of the Unified CPN (Maoist) youth wing Young Communist Cadres (YCL) from Mainathpur Duhabi of Dhanusha, Wednesday.

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Vice chairman of Unified CPN (Maoist) Narayan Kaji Shrestha dewelled six point agenda.
The much anticipated meeting of the High Level Political Mechanism (HLPM) on Wednesday failed to arrive at any decision to resolve the protracted political impasse, but leaders claimed they would reach a broad understanding at the next meeting of the mechanism slated for Saturday (April 24).
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UK to provide Rs 550m to support peace process in Nepal .
The UK Department for International Development (DFID) on Wednesday committed Rs 550 million (£5 million) in UKaid to be spent through the Nepal Peace Trust Fund (NPTF) in support of the peace process in Nepal."I am pleased to announce new support of £5 million of UKaid to the Nepali peace process through the Nepal Peace Trust Fund.
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Nepali workers seeking work abroad up by 63.29 percent in mid-April .
The number of Nepali workers leaving for foreign employment increased by 63.29 percent during the period of mid-March to mid-April compared to the same period last year.
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Citizen Bank donates Rs. 10m to Kidney Center .
Citizen Bank International (CBI) has provided a grant assistance of Rs 10 million to the Kidney Center for the treatment of the poor patients in the capital on Tuesday.
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Boston youths discusses Nepal’s socio-political affairs .
Nepalese youths in Boston, USA this week discussed the challenges and opportunities in the new constitution of Nepal, scheduled to be promulgated by May 28, in the initiation of Boston Nepali Youth Movement (BNYM).
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World Bank pledges Rs 9.17 billion for Nepal's health sector .
The World Bank has approved a US$ 129.2 million (approximately 9 billion and 163.02 million rupees) aid for providing access to poor Nepalis to essential heath services.


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Siddhartha Insurance launches new insurance policy
Siddhartha Insurance Limited has come up with new insurance policy 'Siddhartha Ghar Sansar'.
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Indian assistance of Rs 7.80 crores for schools in far-western districts .
India has extended an assistance of Rs. 7.80 crores to the local community of Kailali and Kanchanpur in Nepal's far western region.


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Two bank security guards found death
Two security guards working at the Ason branch of Prime Commercial Bank, in Kathmandu, have died under mysterious circumstances while on duty.
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Nepali Congress, CPN (UML) and Madhesi Janadhikar Forum (Loktantrik) (MJF-L) met over dinner .
Top leaders of ruling parties Nepali Congress, CPN (UML) and Madhesi Janadhikar Forum (Loktantrik) (MJF-L) met over dinner at UML leader KP Sharma Oli’s residence in Balkot, Bhaktapur, Tuesday evening reportedly to set agenda for the meeting of the High Level Political Mechanism (HLPM) slated for Wednesday.
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Bill for commission on disappearances tabled at legislative parliament.
The government has tabled Bill on Offences and Punishment of Disappearances 2066 at the legislative parliament, Tuesday. Peace minister Rakam Chemjong tabled the bill on behalf of the government at Tuesday's sitting of the House.
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FAR WESTERN REGION SHUT DOWN
The far western region has come to a girnding halt following the strike announced by former policemen and army personnel
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NEPAL AND KHANAL ADDRESSING PARTY LEGISTORS TODAY
Prime Miniter Madhav Kumar Nepal and CPN-UML President Jhaal Nath Khanal are scheduled to speak at the meeting of the PP later today
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Govt forms ministerial panel
The government has formed a five-member ministerial level committee to study and implement the report prepared by the investigation committee
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MoTCA to organize International Mountaineers' Meet
Ministry of Tourism and Civil Aviation (MoTCA) is going to organize International Mountaineers' Meet on May 29, 2010.

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NIBL introduces 'Saving Bonanza'
Nepal Investment Bank Limited (NIBL) has introduced a new product 'Saving Bonanza' which offers interest starting from 6.5
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NIBL introduces 'Saving Bonanza'
Nepal Investment Bank Limited (NIBL) has introduced a new product 'Saving Bonanza' which offers interest starting from 6.5
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Midas CAN SofTech 2010 terminates
Midas CAN SofTech 2010 terminated on Saturday, recording a turnout of 50,000 visitors in four days. The event, which was organized at DECC Hall at United World Trade Center, Tripureshwar, drew nearly 20,000 visitors on the last day.
Computer Association of Nepal (CAN) officials told that they were satisfied by the
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Capital market continues to go downward
Nepal Stock Exchange (Nepse) index lost 3.81 points to close at 432.74 points on Sunday-the opening day of weekly share transaction. Of the eight groups that participated in today's trading, the sub-indices of six groups except that of manufacturing and processing and hydropower groups moved in red zone.


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36,181 Nepali jobseekers have appeared in KNT
A total of 36,181 Nepali jobseekers have appeared in Korean Language Test (KLT) to qualify themselves for the jobs under
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Police indifference hitches arrest of land crooks
Police have acted slowly in nabbing notorious land dealers, who attempted to take control of 23 public and private housing
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