Nepal Today

Wednesday, January 26, 2011

NO AGREEEMENT ON NATIONAL CONSENSUS GOVT. (DEVELOPING STORY)

Kathmandu, 26 Jan.: The Big Three Wednesday again agreed to continue discussions to forge a national consensus government even as they failed to assemble it by the second extended presidential deadline Wednesday.
Maoists, NC and UML agreed Wednesday to attempt again to form such a government before parliament meets Thursday.
The three parties held inconclusive discussions at Gokarna Resort to attempt a political breakthrough.
All three parties have claimed the leadership of a national government.
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GOVT. GRANT FOR NOC


Kathmandu, 26 Jan.: The cabinet Wednesday gave Nepal Oil Corporation (NOC) a Rs.1.3 billion to import POL products fro India which threatened to disrupt exports of pending dues weren’t settled.
The badly managed state monopoly accused is accused of rampant corruption.
The government dole is a bail out which won’t resolve the NOC’s
management problems.
A published report said recently ministers and officials are
fleecing the Corporation by taking free POL products.
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STOCK EXCHANGE EXPECTED TO RESUME BUSINESS THURSDAY

Kathmandu, 26 Jan.: The country’s only stock exchange is expected to resume business Thursday after a two-day closure.
An unwritten agreement as reached Wednesday between
management and workers of Nepse.
Finance ministry officials were witness to the agreement.
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MIN PACHAS ENDS

Kathmandu, 26 Jan. Min Pachas or 50 days of extreme winter ended Monday.
The popular belief is even fish feel the pinch of extreme cold
during the 50 days of Nepal’s peak winter season.
The minimum temperature in the capital is hovering around 2 to 3 degrees Celsius—toes and fingers are numb though.
The temperature hasn’t fallen below zero degrees Celsius so far.
Parts of the capital experienced light snowfall for the first time in
four years.
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