Submit your Article

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has stressed the need of mobilizing foreign aid and concessional loan on the basis of development needs.

At a program themed "Nepal's Graduation from Least Developed Country to Developed Country and Challenges in Budget Implementation" organized by Former Planners' Forum Nepal today, Finance Minister Paudel mentioned that it is not possible to move ahead being grant-oriented manner in the global context and circumstances, and it is necessary to mobilize concessional loan to be received for country's development in the right way.  

"We have not been able to carry out activities and manage resources as per the expectation even after five decades of moving ahead in a planned development. The main challenge is how to connect plans with needs," he opined. 

He shared that the government has been facing a big challenge to execute the policy of not implementing the projects less than Rs 30 million by the federal government. 

Stressing on the process of capacity building, increasing productivity and competitive development as per the Nepal Human Development Report, Vice-President of the Forum, Dr Posh Raj Pandey, pointed out the need of forwarding the journey of prosperity in a way that international community could respect and trust it. 

Similarly, Professor Dr Govinda Nepal made a presentation on the issue of budget implementation and added that arrears are increasing in lack of proper management of expenditure accounts. 

The transfer of funds in the last week of Ashad against the Policy of Economic Procedure and Fiscal Responsibility Procedure, 2077, was impractical in terms of expenditure.

Midfielder Joelinton will miss Brazil’s remaining World Cup qualifiers due to an injury sustained during Newcastle United’s 3-2 defeat to Liverpool in the Premier League, the Brazilian Football Confederation said on Wednesday, BBC reported.

The 29-year-old left the pitch visibly upset during the second half of Monday's game and manager Eddie Howe confirmed afterwards that the injury was serious, saying: "Joey, it doesn’t look great, to be honest."

Brazil coach Carlo Ancelotti called up Bahia’s Jean Lucas on Wednesday for the remaining qualifiers. Flamengo left-back Alex Sandro has also been withdrawn due to injury

Brazil face Chile at the Maracana stadium on September 4, before travelling to Bolivia for their final qualifier five days later. The team are third in the CONMEBOL qualifying standings with 25 points, according to BBC.

Harry Kane missed his first penalty for Bayern Munich in a competitive match but scored a stoppage-time winner as the Bavarians struggled to beat third-tier Wehen Wiesbaden 3-2 in the German Cup on Wednesday after squandering a two-goal lead, Reuters reported.

Kane, who had not missed any of his previous 31 penalties in competitive matches for clubs and country since the 2022 World Cup, had also never missed from the spot in 22 attempts since joining Bayern Munich two years ago.

But the England captain, who had scored a penalty in the 16th minute to put them in front, was at the far post deep in stoppage time to nod in for his sixth goal in three matches this season and send Bayern through.

Kane, the first player to be crowned top scorer in both his first two seasons in the Bundesliga, had demanded a penalty minutes earlier for a Wiesbaden hand ball but, without the use of VAR in the Cup competition, there was no review, according to Reuters.

League Cup holders Newcastle United will begin the defence of their title with a home tie against third-tier Bradford City while Liverpool, last season's runners-up, host Southampton, Reuters reported.

Newcastle, whose win over Liverpool ended a 70-year domestic trophy drought, were given a bye into the third round along with the other Premier League clubs involved in either the Champions League or Europa League.

Manchester City will travel to League One Huddersfield Town while Chelsea go to Lincoln City and Arsenal are at Port Vale, according to Reuters.

Ruben Amorim apologised to Manchester United supporters after his reign reached a new low with a humiliating elimination from the League Cup by fourth-tier Grimsby Town on Wednesday, Reuters reported.

United appeared to have got out of jail at Blundell Park when Harry Maguire's 89th-minute header made it 2-2 after they had trailed 2-0 with a woeful first-half display.

But a marathon penalty shootout ended 12-11 in Grimsby's favour after new signing Bryan Mbeumo, who had begun United's fightback, saw his spot kick bounce back off the crossbar, according to Reuters.

Former US Open champion Daniil Medvedev has been handed a substantial fine for his behaviour in a extraordinary first-round exit, BBC reported.

Medvedev, 29, was knocked out of the Grand Slam tournament after a meltdown sparked by a photographer walking on to the court during his defeat by France's Benjamin Bonzi.

The former world number one has been fined almost £31,500 ($42,500) by the United States Tennis Association.

He was docked $30,000 for unsportsmanlike behaviour and another $12,500 for obliterating a racket against a chair, according to BBC.

It means the Russian will have to forfeit about 40% of the first-round prize money he received.

One can now fly to Australia from Pokhara and from Australia to Pokhara.

This will be possible after Sichuan Airlines of China begins flights to Australia from Pokhara International Airport. 

The Airlines has sought permission from the regulatory body, Nepal Civil Aviation Authority of Nepal to operate flights to Australia via Chengdu starting from Pokhara. 

According to CAAN Information Officer Gyanendra Bhol, Sichuan Airlines has sought permission to fly to Australia via Chengdu and preparations are being made to grant the permission after completing the necessary procedures.

The company plans to operate flights from September. "Bilateral discussions are underway to formally finalize the process. The flight schedule is to be submitted by the concerned airlines soon," said information officer Bhol.

Earlier, Sichuan Airlines had operated chartered flights to Pokhara International Airport for some time. The company now wants to operate regular flights to Australia as a new destination. 

Sichuan Airlines is the largest airline in Western China, headquartered in Chengdu, Sichuan, China.

One of the biggest festivals of Sudurpaschim Province, Gaura, has begun today. 

On the first day of the festival, it is customary for women who fast today to start Gaura by soaking Biruda (five types of grains and legumes). Therefore, today is also known as Biruda Panchami. Biruda is considered as the prasad and used in the worship of Gaura Devi.

“One should follow a strict vegetarian diet and celibacy for a month to take part in this ritual,” said Khageshwari Saud, an expert on Gaura festival. After observing the fast the Gaura festival will begin formally. 

 “It is believed that by fasting and worshiping Gaura, the partner and family members will be healthy, live long, and be happy and prosperous,” Saud said.

From this day on, it is also customary to play the Deuda (dance) with men and women of all ages coming together in a circle. 

Since ancient times, it has been a tradition under this festival to worship Parvati, the spouse of Lord Shiva, as the Gaura Devi.