NICCI welcomes the start of “Bharat Gaurav Tourist Train”
Nepal-India Chamber of Commerce and Industry (NICCI) welcomed the start of “Bharat Gaurav Tourist Train” connecting Safdarjung, New Delhi along with other religious sites related to Ramayan circuit of India to Janakpur Dham, Nepal.
For the promotion of Nepal-India religious tourism with different religious pilgrimage circuits, NICCI had proposed the agenda for the development of religious circuits connecting both the countries during the Joint Working Group meeting for the promotion of Bilateral Tourism held in Kathmandu on 8th July 2018, read a statement issued by the Nepal-India Chamber of Commerce and Industry.
The agenda was endorsed by both the delegation of Nepal and India during the JWG meeting and now NICCI has been working on the final stage of development of Coffee Table Book and website including 5 Religious circuits namely; Shiva-shakti Circuit, Mahabharat Circuit, Ramayan Circuit, Buddhist Circuit and Sikh Circuit.
Flagged off on Tuesday, “Bharat Gaurav Tourist Train” initiation of Indian Railways and Indian Railway Catering and Tourism Corporation (IRCTA) has the capacity of 600 religious’/pilgrimage tourist to carry from Safdarjung, New Delhi along with different Ramayan circuit sites in India to Jahakpur Dham, Nepal.
It will help promote bilateral religious tourism as well as strengthen the sentiments of the people of both the countries.
Editorial: Rabi Lamichhane’s to-do
Ideology is to a political party what capital city is to a country: the center from which authority and structure emanate. Kathmandu no longer calls all the shots in the new federal setup. Yet if there were to be no common federal capital, the federal project would unravel amid chaos and anarchy. Kathmandu sets broad contours for the country’s governance, offering a framework within which individual provinces and local units operate. Likewise, a political party is established around a central ideology around which other party structures and personnel coalesce.
Business-minded Nepali Congress leaders often make a mockery of the party’s governing ideology of ‘democratic socialism’. Similarly, CPN-UML’s power-grabbing top-brass often give a lie to ‘people’s multiparty democracy’, the party’s unique brand of communism. Yet even when their leaders and cadres go astray, they can always rally around the unifying ideology. Such ideology gives political parties unity and coherence, the glue with which to bind the loose organization. In its absence, political parties can quickly lose direction and unravel, as we saw with Rabindra Mishra’s Sajha Party or other Nepali outfits that have been formed around themes like anti-corruption and good governance.
When the popular TV presenter Rabi Lamichhane announced his new Rastriya Swatantra Party on June 21, he too promised to root out corruption and give the country the kind of politics it needs. But he outlined no governing ideology for his party. Catchy slogans and personality cults might be able to amass votes in the short run but for the party’s sustainability it must have an underlying political ideology.
What do the new party’s adherents believe in, for instance, that those of Congress or UML don’t? In the party unveiling ceremony, Lamichhane only outlined its functioning and structure, promising to work out the nitty-gritty later. We earnestly hope that the party can in the near future also settle on its core ideology. The country desperately needs alternative political forces. It would be a tragedy if Lamichanne’s new outfit, unmoored by lack of political ideology, too veers fatally off-course.
Pakistan's Punjab province decides to impose 'emergency' due to rising rape cases
Authorities in Pakistan's Punjab province have decided to declare an "emergency" following a spike in cases of sexual abuse against women and children, the media reported on Monday, India Today reported.
Punjab Home Minister Atta Tarar on Sunday said the administration was forced to "declare an emergency to deal with rape cases".
The minister said the rapid increase in cases of sexual abuse against women and children in the province was a serious issue for the society and government officials.
"Four to five cases of rape are being reported daily in Punjab due to which the government is considering special measures to deal with cases of sexual harassment, abuse and coercion,” the Dawn newspaper quoted the provincial minister as saying in a press conference at the Pakistan Muslim League-Nawaz (PML-N) headquarters.
The minister, in the presence of Law Minister Malik Muhammad Ahmed Khan, stressed that all cases will be reviewed by the Cabinet Committee on Rape and Law and Order, and that civil society, women rights organisations, teachers, and attorneys will also be consulted to keep a check on such incidents.
Tarar also urged parents to teach their children about the importance of safety and that youngsters should not be left alone in their homes without supervision, according to India Today.
Tarar stated that the accused in a number of cases had been detained, the government had launched an anti-rape campaign, and that students would be sensatised about sexual harassment in schools.
The home minister also said the role of Punjab Forensic Science Agency would be improved for sampling of DNA on a fast track basis and a meeting with the lab authorities was scheduled for later Monday.
The minister in a response to a query also regretted that taking drugs had become a fashion in elite schools and colleges, which was contributing to the rise in the crime graph, India Today reported.
Afghan earthquake: At least 920 people killed and 600 wounded, officials say
A powerful earthquake has killed at least 920 people and left hundreds more injured in Afghanistan, Taliban officials say, BBC reported.
Pictures show landslides and ruined mud-built homes in eastern Paktika province, where rescuers are scrambling to treat the injured.
In remote areas, helicopters have been ferrying victims to hospitals.
Taliban leader Hibatullah Akhundzada said hundreds of houses were destroyed and the death toll was likely to rise.
His deputy minister for disaster management Sharafuddin Muslim told a news conference that at least 920 people had been killed and a further 600 injured.
The quake struck about 44km (27 miles) from the south-eastern city of Khost shortly after 01:30 local time (21:00 Tuesday GMT), when many people were at home, asleep in their beds.
Earthquakes tend to cause significant damage in Afghanistan, where there are many rural areas where dwellings are unstable or poorly built.
Taliban officials called for aid agencies to rush to the affected areas in the nation’s east.
Decades of conflict have made it difficult for the impoverished country to improve its protections against earthquakes and other natural disasters – despite efforts by aid agencies to reinforce some buildings over the years, according to BBC.
Even before the Taliban takeover, Afghanistan’s emergency services were stretched to deal with natural disasters – with few aircraft and helicopters available to rescuers.
Most of the casualties so far were in the Gayan and Barmal districts in Paktika, a local doctor told the BBC. Local media site Etilaat-e Roz reported a whole village in Gayan had been destroyed.
Tremors were felt across more than 500km of Afghanistan, Pakistan and India. Witnesses reported feeling the quake in Afghanistan’s capital, Kabul, as well as Pakistan’s capital, Islamabad.
However, there have been no immediate reports of casualties, and the earthquake caused little damage in Pakistan, according to BBC Urdu.
Afghanistan is prone to quakes, as it’s located in a tectonically active region, over a number of fault lines including the Chaman fault, the Hari Rud fault, the Central Badakhshan fault and the Darvaz fault.
The earthquake was magnitude 6.1 at a depth of some 51km, according to seismologists.
In the past 10 years, more than 7,000 people have been killed in earthquakes in the country, the UN’s Office for the Coordination of Humanitarian Affairs reports. There are an average of 560 deaths a year from earthquakes, BBC reported.
Nepse plunges by 31. 21 points on Wednesday
The Nepal Stock Exchange (NEPSE) index plunged by 31. 21 points to close at 1,893.53 points on Wednesday.
Similarly, the sensitive index fell 5. 94 points to reach 369. 15 points.
A total of 3,034,483 units of shares of 229 companies were traded for Rs 8. 43 billion.
Likewise, all sub-indices saw red in today’s market with Non Life Insurance on the top of the table.
Meanwhile, Global IME Samunnat Scheme was the top gainer today with its price surging by 10. 05 percent. Likewise, United IDI Mardi RB Hydropower Limited was the top loser with its price dropped by 6. 48 percent.
At the end of the day, total market civilization stands at Rs 2.69 trillion.
Rise in petroleum prices in international market behind price hike at home: Minister Badu
Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said the price of petroleum products in Nepal has to be increased due to its rising prices in the international market.
During a meeting of the National Assembly today, the Minister said an automated price system for petroleum products has been implemented in the country since 2071 BS and the rise and fall of petroleum prices is being determined accordingly.
He said, “Lately Nepal is getting the increased price list of petroleum products each time due to a special energy crisis following the ongoing Russia-Ukraine war. Instead of crude oil, the Nepal Oil Corporation (NOC) directly purchases refined oil from the international market.” He also took time to inform the House that NOC business was in loss at present due to skyrocketing prices of petroleum products in the international market.
The prices of petro products are gradually rising in the international market lately and till June 14 NOC losses was around Rs 50 billion and it's due to its exporter, Indian Oil Corporation, was Rs 22 billion, according to the Minister.
"I want to inform this session that the price of petroleum products had to be increased due to the compulsion to adjust the prices at a par with the cost price so that the dues to be paid to the Indian Oil Corporation for purchasing petroleum products does not add up and in order to making the supply system smooth," the Supplies Minister explained.
He also made it clear that the petroleum products were being sold and distributed as per the existing related laws and policies of Nepal Oil Corporation (NOC).
"The NOC's Thankot depot sold 750 thousand liters of petrol and 850 thousand liters of diesel on June 19 in the Kathmandu Valley where the largest volume of petroleum products is consumed throughout the country. Similarly, it sold 840 thousand liters of petrol and one million 40 thousand liters of diesel on June 20. The petroleum products have been sold by determining the price in consonance with the laws and policies and not with the intention of profiteering any entity or any person," the Minister said in response to the lawmakers' suspicion that the NOC had hoarded the petroleum products and hiked their prices.
He said it is not true that the price of petroleum products was hiked after NOC supplied the previous stock to the dealers.
Minister Badu informed that a high-level task force has been formed to study and present a report on the short and long term policy, legal and institutional reforms for making the supply system of petroleum products and LP gas smooth, systematic, transparent and effective in Nepal.
He also gave assurances that the market monitoring would be made further effective, systematic and vigorous.
Cholera outbreak feared in Kathmandu as two more cases reported on Tuesday
Experts have advised people to be cautious saying that there is a high risk of outbreak of infectious disease like Cholera in Kathmandu.
The Ministry of Health and Population confirmed cholera infection in four people in Kathmandu so far.
According to the District Health Office, Kathmandu, the infection of the disease has been confirmed in one person in Bhotebahal, one in Dillibazaar and two in Bagbazaar.
The Division of Epidemiology and Disease Control under the Department of Health Services said that the samples are being collected from the areas where the cholera has been detected.
The results have not come yet.
The patients of Bagbazaar have found drinking water of both the jar and the tap without boiling.
A team has been deputed to collect the samples of water in Bhotebahal and Dillibazaar.
Basanta Adhikari, Chief at the District Health Office, Kathmandu said that a team has been formed to investigate the highly contagious fatal disease.
UK inflation hits 9.1% as prices rise at fastest rate for 40 years
Prices are continuing to rise at their fastest rate for 40 years as food, energy and fuel costs climb, BBC reported.
UK inflation, the rate at which prices rise, edged up to 9.1% in the 12 months to May, from 9% in April, the Office for National Statistics (ONS) said.
Food price rises, particular for bread, cereal and meat, were a big factor in the latest rise, the ONS said.
Cost of living pressures have led to unions and workers calling for pay rises.
But the government has warned against employers handing out big increases in salaries over fears of a 1970s style "inflationary spiral", where prices continued to rise as wages went up.
Currently, inflation is at the highest level since March 1982, when it also stood at 9.1% and the Bank of England has warned it will reach 11% this year.
Inflation is the pace at which prices are rising. For example, if a bottle of milk costs £1 and that rises by 5p compared with a year earlier, then milk inflation is 5%, according to BBC.
In a BBC-commissioned survey of more than 4,000 people, 82% said they thought their wages should increase to match the rising price of goods and services.
Households were hit by an unprecedented £700-a-year increase in energy costs in April, and fuel price rises in June mean it costs more than £100 to fill an average family car with petrol.
The country's railways were severely disrupted on Tuesday as rail workers begun a series of strikes in a dispute over pay, jobs and conditions.
About 40,000 members of the Rail, Maritime and Transport (RMT) union working for Network Rail and 13 train operators walked out, with union bosses calling for a pay rise of 7%, while employers have offered a maximum of 3%.
Jon Richards, assistant general secretary Unison, accused ministers of "living on another planet" over "talks of public sector pay restraint".
"Under-pressure health, care, school and council services desperately need staff to be given a pay boost that matches runaway prices," he said, BBC reported.
But Dominic Raab told the BBC's Today programme: "We have got to stop making the problem worse by fuelling pay demands that will only see inflation stay higher for longer and that only hurts the poorest the worst."
The ONS said rising prices for food and non-alcoholic beverages helped fuel inflation in May.
Russia's war in Ukraine has severely restricted wheat and maize supplies, which are used to make bread and cereals, from two of the world's biggest exporters.
Ukraine is also a major producer of of sunflower oil, meaning to the costs of alternatives have also climbed.
Market reach firm Kantar has forecast that the average annual grocery bill in the UK is set to rise by £380 this year.
Supermarket Asda told the BBC some shoppers are setting £30 limits at checkouts and petrol pumps, with customers are putting less in their baskets and switching to budget ranges.
Grant Fitzner, chief economist at the ONS, said the prices of goods leaving factories rose at their fastest rate in 45 years in May, driven by "widespread food price rises".
Mr Fitzner added the cost of raw materials "leapt at their fastest rate on record".
But he said the steep rises in food and record high petrol prices in May had been stemmed by the price of clothes rising less than they did this time last year, along with a drop in computer game costs.
Responding to the latest inflation rate, Chancellor Rishi Sunak said the government was "using all the tools at our disposal to bring inflation down and combat rising prices".
"I know that people are worried about the rising cost of living, which is why we have taken targeted action to help families, getting £1,200 to the eight million most vulnerable households," he added, according to BBC.
But Rachel Reeves, Labour's shadow chancellor said the country needed "more than sticking plasters to get us back on course - we need a stronger, and more secure economy".
"Though rapid inflation is pushing family finances to the brink, the low wage spiral faced by many in Britain isn't new. Over the last decade, Tory mismanagement of our economy has meant living standards and real wages have failed to grow."
One way to try to control how fast prices are rising is to raise interest rates. This increases the cost of borrowing and encourages people to borrow and spend less, and save more.
In a bid to stem the pace of soaring prices, the Bank of England recently increased UK interest rates from 1% to 1.25%.
The move was the fifth consecutive rise, pushing rates to the highest level in 13 years. However, when inflation was last at 9.1% in March 1982, interest rates were 13%, Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown said, BBC reported.






