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Page last updated at 2014-07-25 22:24:29 RSS
  BUSINESS & ECONOMY
  Cooperatives Act Needs To Be Amended: Secy
       REPUBLICA  
 
    KATHMANDU, July 25 : Secretary at the Minister for Cooperatives and Poverty Alleviation Suresh Man Shrestha on Friday said problems seen in the cooperatives were due to the Cooperatives Act 1992.

“The problem is aggravating as the Act has not been amended as per the changed context," Shrestha said, speaking at an interaction jointly organized by Nepal Federation of Savings and Credit Cooperative Unions Ltd (NEFSCUN) and Cooperatives Journalists Society Nepal (CJSN).

 
  Police Seize Pesticide-laden Beans Amid Protest By Traders
       SUJAN DHUNGANA  
 
    - 3 quintals of long beans with 97% pesticide residue seized
- Situation in Kalimati market remained tense for two hours
- Traders say they won´t let RBPR lab to function
- Kathmandu CDO says they would strictly implement new rule

KATHMANDU, July, 25: Vegetables traders have stood against the government drive to discourage use of chemical fertilizers in fruits and vegetables.

On Friday, traders at the Kalimati vegetables market obstructed police from seizing vegetables which contained high pesticide residue.

 
  SAARC Commerce Ministers Agree To Trim Sensitive List
       PUSHPA RAJ ACHARYA  
 
    KATHMANDU, July 25: South Asian nations have agreed to slash the sensitive list under South Asian Free Trade Area (SAFTA) by 95 percent by 2020 to increase intra-regional trade.

The eighth meeting of the SAFTA Ministerial Council held in Thimpu of Bhutan on Thursday reached to an understanding to trim down the sensitive list, according to Jib Raj Koirala, joint secretary at the Ministry of Commerce and Supplies (MoCS).

 
  Shuklaphanta Jungle Cottage Starts Operation
       KRITI BHUJU  
 
    KATHMANDU, July 25: A new jungle resort has been opened in the vicinity of Shuklaphanta Wildlife Reserve to cater to people visiting the protected area famous for large herds of swamp deer.

Pramanand Bhandari and Hem Raj Joshi have invested Rs 10 million to open Shuklaphanta Jungle Cottage. The resort, which is sprawled over 3 bighas of land, started operation recently.

 
  Rupee Strengthens, Gold Loses Luster
       REPUBLICA  
 
    KATHMANDU, July 25: Nepali currency gained 26 paisa against US dollar this week as the Indian currency, with which rupee is pegged, gained value against the greenback. Gold price, on the other hand, came down by Rs 515 per 10 grams over the week.

CURRENCY

 
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