Bird flu hits 162 poultry farms; Rs507 million paid in compensation
The government has compensated 104 affected farmers after culling more than 835,000 birds, while officials say fresh claims could require another Rs100 million.
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The government has compensated 104 affected farmers after culling more than 835,000 birds, while officials say fresh claims could require another Rs100 million.
The Cabinet on Wednesday scrapped the 3 percent equity levy passed in the fiscal budget.
Proposed amendments to the Integrated Tourism Bill have drawn sharp criticism from hoteliers, who say room rates should be determined by demand and supply. Proposals also seek to tighten rules on star ratings and promote green and heritage tourism.
9.5% NCC Debenture 2086 fell 7.16 percent while the index closed at 2,712.54 points.
Proposals include mandatory prior ascents of 7,000- and 8,000-metre peaks, auctioning Everest permits, stricter insurance, zero-waste rules, and tighter regulation of foreign operators and digital tourism platforms.
Prime minister says the proposed three percent levy will not be enforced, but legal questions remain as taxes approved by Parliament require formal Cabinet and legislative procedures to be amended.
Consumers making purchases worth more than Rs100 can enter the scheme, with one daily winner taking home Rs133,034 and two monthly winners receiving Rs1 million each.
Industrial Zone Management Ltd has restored utilities to most defaulters after recovering Rs467 million, but 20 factories remain disconnected across the country’s industrial estates.
Exports cross Rs211 million as homegrown brands reach markets from Italy to Australia, while entrepreneurs transform traditional recipes into commercial ventures.
IMF officials discuss the gains from the Extended Credit Facility, the risks posed by the Middle East conflict, banking sector reforms, the FATF grey list and the Fund’s future engagement with Nepal.