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Saturday WEATHER
KATHMANDU
Thunderstorms
Low 19oC
High 28oC
Sunrise 5:10 am
Sunset 6:49 pm
 
 
 
 
Insurance Board chief faces fraud charge

RUPAK D SHARMA
KATHMANDU, May 25: Binod Aryal, the executive director of the Insurance Board, who took the lead in cleansing the virtually unruly insurance sector, appears to have landed in soup over insurance policy corruption and fraud.

The management head of the insurance sector regulator has been charged of wielding influence to issue a directive for personal gains and demanding compensation for loss of jet ski by purchasing insurance policy after occurrence of the accident. These allegations were confirmed by multiple sources. [More]

  Records galore on Everest  
  BY THE WEEK BUREAU  
 
A few weeks into the climbing season at Everest this year, several records have already been set. From the oldest man to set foot on the highest mountain to the first double amputee to reach atop Everest, and first Saudi Arabian woman to four brothers of the single family to reach atop, the tussle to set records on Everest has become the rule of the game. Almost 40 records have been set since Tenzing Norgay Sherpa and Edmund Hillary reached atop the 8,848 meter high mountain 60 years ago. Here’s setting the record straight this season:

 
No headway in minimum pay hike talks
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