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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Home » Hot News » Summons sleeved against removal of Khanal’s candidacy
Added Date 28 Jul, 2010 02:49:36 am
Summons sleeved against removal of Khanal’s candidacy
A writ has been filed at the Supreme Court (SC) against withdrawal of the motion to elect UML chairman Jhala Nath Khanal to the post of Prime Minister at the legislature parliament.

Advocates Kumar Acharya and Bhabishwar Gurung, who is also a member of UML legal department, filed a joint petition claiming the withdrawal of the motion is illegal as such provision is not mentioned anywhere in the parliamentary regulations.

“Firstly, incumbent Prime Minister cannot become a proposer for the post of PM,” mentions the writ. “Secondly, the proposal cannot be withdrawn once registered.”

The petitioners have accused caretaker PM Madhav Kumar Nepal, who is the proposer of the motion to elect Khanal as the PM, of withdrawing the proposal with an intention to prolong his duration in office.

They have demanded the previous two elections be cancelled and Khanal’s candidacy be retained at the elections slated for August 2.

Sources say, UML leader Bam Dev Gautam had lawyers close to him file the writ petition against the withdrawal of the motion.
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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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