Page last updated at 2014-11-21 22:01:31 RSS
  BUSINESS & ECONOMY
Singha Durbar Eateries Flouting Food Quality Standards
SUJAN DHUNGANA
KATHMANDU, Nov 22: Market monitoring team has found that most of the eateries operating inside Singha Durbar -- the administrative headquarters of the country -- are flouting food quality standards.

The monitoring team deployed by the Department of Commerce and Supply Management (DoCSM), on Thursday, found that canteens in Singh Durbar premises were not registered with any government bodies. They were not maintaining hygiene and using expired products. Most of them even did not have menus.
Cross-border Transmission Line Master Plan Within Six Months
RUDRA PANGENI
KATHMANDU, Nov 22 : Nepal and India have agreed to prepare a master plan for development of cross-border transmission line within six months.

The meeting of Joint Steering Committee (JSC) between the two countries held in New Delhi on Friday formed a six-member Joint Technical Team (JTT), which includes three members each from both the countries, to prepare the master plan.
Govt Shuts Down Casino Royale
KRITI BHUJU
KATHMANDU, Nov 22: Casino Royale, which resumed operation two months ago, was forcefully shut on Friday afternoon on the orders of the Ministry of Home Affairs (MoHA).

Policemen closed the casino located in Hotel Yak & Yeti premises at around 1:30 pm. MoHA instructed Nepal Police to shut the casino after the Ministry of Culture, Tourism and Civil Aviation (MoCTCA) wrote to it, claiming that the casino was being operated illegally.
Nepse Sheds 3.66 Points
REPUBLICA
KATHMANDU, Nov 22: Nepal Stock Exchange (Nepse) index shed 3.66 points this week to close at 862.5 points on Thursday -- the last trading day of the week.

Though the benchmark index was on a freefall over the first three trading days of the week, the market recovered in the remaining trading days. Stock brokers say political bickering in the Constituent Assembly (CA) has hindered Nepse´s recovery.
Rupee Weakens, Gold Glitters
REPUBLICA
WEEKLY MARKET COMMENTARY (Nov 16-21)

KATHMANDU, Nov 22: Nepali rupee lost 35 paisa against US dollar this week as the Indian currency, with which the local currency is pegged, lost its value against the greenback. Gold price, on the other hand, went up by Rs 85 per 10 grams this week.

CURRENCY
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