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Thursday, October 11, 2012


BASHUDEV DHUNGANA DEAD Kathmandu, 12 Oct. Bashudev Dhungana died Friday. He was admitted to hospital nd was suffering asthma. Dhungana was a law minister in the panchayat regime and former Nepal Bar Association chairman. He left behind a wife, two sons and two daughters, Nnnn PRESIDENT CONSULTING ECONOMISTS Kathmandu, 12 Oct. President Dr Ram Baran Yadav is holding consultations with economists Friday amid a looming financial crisis Government will run out of funds to rule without an agreement with opposition as only a partial budget when the fiscal year began mid-July. Government has to negotiate a complete budget with opposition as relations have soured between ruling and opposition partiees. Nnnn FIVE RURAL BANKS TO MERGE Kathmandu, 12 Oct. Five rural banks signed a formal agreement Thursday to merge within six months. Rural banks of the far-West, mid-West,western, central and eastern regions will unite in a deal prompted by government and Nepal Rashtra Bank. The merged banks will e named Grameen Bikash Bank Nepal. nnnn

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