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The sixt round of election for PM also doubtful
The sixth round of election for the post of Prime Minister slated for today is also doubtful to elect a PM as there has no change in the political equation since the last election on August 23. All political parties have remained firm on their stances and there has not been any progress in the talks among the parties after that. CPN (UML) and the Madhesi parties, which are critical for deciding a coalition, have made their decisions. UML has decided to remain neutral in the elections, while the Madhesi front is undecided on whether to vote or remain neutral.
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FNJ has formed four-member team to prove journalist attack on Dharan
The Federation of Nepali journalists (FNJ) has formed a four-member team to probe into the attack on Dharan-based journalist Lilanath Ghimire and unearth the circumbstances surrounding the incident, the FNJ said in a statement on Sunday.
The team is headed by Govinda Acharya, vice president, FNJ, with Kishor Kumar Karki, central member and Purvanchal coordinator, FNJ; Shivahari Bhattarai, former vice president, FNJ; and Mohan Bhandari, former president, Dharan Chapter of FNJ.
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MJF-N don’t stay neutral in sixth round of voting
Chairman of the Madhesi Janaadhikar Forum-Nepal (MJF-N) Upendra Yadav on Sunday said that the block of four Madhes-based parties—United Madhesi Democratic Front (UMDF)—will not stay neutral in the sixth round of voting in the prime ministerial election slated for September 5. The block commands 81 votes in the 599-member Constituent Assembly. Speaking at a programme organised by the Rastra Samrakshan Saptahik to mark its 2nd anniversary in the capital, Yadav urged the major three parties—UCPN-Maoist, Nepali Congress and CPN-UML—to address the Madhes-related issues raised by the UMDF.
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“NC accept Maoist leadership if they fulfill their promises “
Acting president of the Nepali Congress Sushil Koirala has said his party will not accept the Maoists in the leadership of the government until they fulfill their past commitment which mainly concerns the peace process.
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‘Internal dispute take place in our party’- Dr. Bhattarai
Maoist vice chairman Dr Baburam Bhattarai has described the internal dispute in his party, which has grown after his one-to-one meeting with Indian emissary Shayam Saran recently, as a common phenomenon.
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‘Donors' strict situations are hampering development projects’ Finance Minister
Finance Minister Surendra Pandey on Monday lamented that the prime obstacle in spending foreign aid in development projects is stringent conditions imposed by donors.
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Main three parties efforts for their own leadership
On the last day of the time frame underlined by President for the formation of the national unity government, the three lead parties Nepali Congress, CPN (UML) and Unified CPN Maoist have come together for discussing the formation of the national unity government at the Parliament Secretariat at Singhadurbar.
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President Yadab's time frame for the national unity government will end today
Sujan Dhungana
The time frame assigned by President Rambaran Yadav for forming a national unity government will end today. After Prime Minister Madav Kumar Nepal' resignation on June 30, the President called on the political parties for forming a national unity government by using the subclause 9 of the clause 38 of the interim constitution of 2006.
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NTIS 2010 accords priority to exports
Nepal Trade Integration Strategy (NTIS) 2010, launched by the government on Thursday, has identified 19 products and services having maximum export potentials as an attempt to reenergize the country's ailing exports.
The strategy-identified potential commodities include agro-food items like large cardamom, ginger, honey, lentils, tea, instant noodles and medicinal herbs or essential oils.
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Nemwang confers with top leaders
Constituent Assembly chairman Subas Nemwang held discussion with top leaders of the big three parties - UCPN (Maoist), Nepali Congress and CPN (UML) - on constitution-drafting and the existing political deadlock, on Wednesday.
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CA strategies to complete constitution writing by February
The Constituent Assembly (CA) secretariat has prepared a revised calendar of events for writing the constitution with a plan to promulgate new constitution on February 26, 2011, three months before the CA term expires, Rajdhani daily reported.
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UCPN(Maoist) meeting resuming today too
The UCPN-Maoist leadership, which has been meeting since the last three days, is resuming its central committee meeting today also. The party is divided over future course of action given the divergent views coming from sections of the party.
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CA chairman asks parties to build agreement by Monday
Constituent Assembly (CA) chairman Subash Chandra Nemwang has urged the political parties to forge a consensus by Monday to enable the CA to proceed and complete the process for Constituent Amendment before May 28.
The CA chairman said, the process of constitution amendment cannot be completed before May 28, if the process does not start on Monday.
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Maoist leaders refused to support for CA without assurance of PM’s resignation
Unified CPN (Maoist) has rejected CPN (UML)'s latest call for support for the extension of Constituent Assembly's term, Sunday.
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Dahal clarified party's plan to declare 'constitution' from streets
Maoist chairman Pushpa Kamal Dahal Thursday clarified that his party is not going to declare what it calls the people's constitution from the streets on May 29 if the Constituent Assembly gets dissolved.
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Congress leaders meet Prachanda
Meanwhile, Nepali Congress (NC) leaders including Krishna Sitaula, Narahari Acharya and Chakra Prasad Bastola also met Maoist chairman Pushpa Kamal Dahal at his residence in Nayabazaar, Wednesday morning.
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CA chairman Nemwang confers with Prachanda on current political impasse
Constituent Assembly chairman Subash Chandra Nemwang has conferred with opposition leader Unified CPN (Maoist) chairman Pushpa Kamal Dahal on issues related to current political deadlock at the latter's residence in Nayabazaar, Kathmandu, Wednesday morning.
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PM Welcomed the decision of the Maoist leadership
Prime Minister Madhav Kumar Nepal has welcomed the decision of the Maoist leadership to withdraw the nationwide general strike they had called for last six days.
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NC,UML welcomed Maoist decision
Nepali Congress (NC) and CPN (UML) leaders have welcomed the Unified CPN (Maoist) decision to call off its general strike.
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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 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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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 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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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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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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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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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: 
Shekhar Raj Bastakoti
