Nepal Today

Thursday, April 26, 2012


SHARE PRICES RALLY ON LAST DAY OF WEEKLY FIVE-DAY TRADING Kathmandu, 26 April: Nepse gained 16.15 points when five-day weekly trading ended Thursday as stock prices continued to rally. The market closed at 425 plus points Thursday with prices fetching record prices in 14 months. Shares worth Rs271.2 million were traded. nnnn . PRESIDENT SHOULD BE UNDER PARLIAMENT CONTROL SAYS CP GAJUREL Kathmandu, 26 April: UCPN (Maoist) Secretary CP Gajurel on Thursday denied the idea of constitutional provision for directly elected president and stressed that president should be well under the control of parliament, Greatwayonline reports. Gajurel, during an interaction programme held in Reporter’s Club Nepal in the capital, said, “There is a risk of dictatorship, if the head of the nation is kept above parliament”. “Some people relate presidential rule with communism, which is a wrong notion. The United States has the executive president who is above the Senate. Does this mean that there is communist rule in there?” Gajurel argued. “Executive presidents have always abused powers,” he asserted, giving references of the US invasion of Vietnam and Afghanistan when the presidents then did not consult with the Senate. Likewise, Gajurel accused political parties of trying to create constitutional provisions for president as if the post is being ´booked´ for a particular person. He further said they have made a blunder on their part by not addressing concerns of the majority Bahun and Chhetri community in the interim constitution. “We need to immediately rectify this mistake,” he added. nnnn

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