Nepal Today

Tuesday, February 26, 2013

NEPSE GAINS Kathmandu, 26 Feb. Nepse rose to 546.57 points after gaining 2.33 points Tuesday minutes before closing. Altogether 83,695 shares were traded for Rs.. 30.586 million in 299 transactions amid indication an election government under Chief Justice Khil Raj Regmi could be formed. nnnn : TASK FORCE MEET TO ADDRESS REGMI CONCERNS Kathmandu, 26 Feb.: A 8-member task force with representatives of four major political forces is meeting Tuesday to address address concerns of Chief Justice Khil Raj Regmi who has been asked to lead an election government. The meeting will address constitutional and legal issues raised by the chief justice for approval of the four forces meeting either Tuesday or Wednesday. The constitution has to be amended to meet the concerns without parliament. Nnnn REVENUE COLLECTION UP Kathmandu, 26 Feb.:: The government collected Rs 154.59 billion in revenue during the first seven months of the current fiscal year 2012/13, the finance ministry said. The revenue collection target was met, the ministry added. Government collected Rs 31.67 billion in customs duty  a rise of 38.87 percent compared to figures of same  period in the previous year.   VAT and excise duty collection increased 18.06  percent and 19.65 percent, respectively to  Rs 47.08 billion and Rs 20.16 billion.  Government collected Rs 20.02 in revenue,  including non-tax revenue of Rs 2.16 billion.  by mid-February.   Nnnn M NEPAL HOSTING AFC CHALLENGE CUP Kathmandu, 26 Feb.: Nepal is hosting the Group D AFC Challenge Cup from Saturday. Teams from Bangladesh and Mariana Island have arrived and Palestine players are arriving Thursday. Nepal is also in the Group. Matches will be played 2,4, 6 March. Winner from five groups will qualify for the final round in Maldives next year. Hosts and two best runner-ups will join the final round.. Nnnn 19 TOURISTS KILLED IN EGYPT HOT AIR BALLOON CRASH Kathmandu, 26 Feb.: A hot air balloon crashed near the Egyptian town of Luxor on Tuesday, killing 19 tourists who were aboard, a spokesman for companies that operate balloon flights in the area told Reuters in Cairo. Spokesman Ahmed Aboud added that one tourist and the balloon pilot had survived the crash, which happened after a gas explosion at 1,000 feet. He said the tourists were from a variety of countries but did not immediately have information on their nationalities. "There were 20 passengers aboard. An explosion happened and 19 passengers died. One tourist and the pilot survived," he said by telephone. Aboud is the representative of eight companies that operate balloons in Luxor. The accident happened over the west bank of the Nile river. Hot air ballooning at dawn is popular with tourists who go to Luxor to visit its pharaonic temples and the tombs of the Valley of the Kings, including in Tutankhamen's. Egypt's tourism industry has suffered a sharp downturn in visitor numbers since the 2011 uprising that toppled President Hosni Mubarak, with two years of political instability scaring off foreign tourists. nnnn.


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