BIZ BRIEFS

Scheme for couples

KATHMANDU: Jyoti Bikash Bank Limited recently launched its new project for married couples, “Jyoti Dampati Bachat Yojana”. According to a press release on Wednesday, the scheme has been launched to facilitate married couples by letting them open an account of minimum balance Rs 50,000 with annual interest of 6.5 per cent. Launched on August 31, the scheme also provides marriage anniversary cards, cakes, insurance of Rs 1 lakh, safe deposit locker, free Internet banking among other facilities. — HNS

KIST housing loan

KATHMANDU: On the occasion of Teej, KIST Merchant Banking and Finance Ltd introduced Home Loan Scheme exclusively for ladies — ‘KIST Chelibeti Awash Karza Yojana’. Under the scheme, the bank will provide 75 per cent loan on the total purchase price of the land or house. It will also provide 25 per cent discount on the interest rate and 50 per cent discount in service charge. A press release said the loan would be repayable in 15 years. — HNS

Smuggled urea seized

MAHOTTARI: The Border Security Force (BSF), Hariban, Sarlahi, seized 411 sacks of urea fertilizer from a truck on Tuesday night. A police team led by Armed Police Inspector Dwarika KC of the BSF at Karmaiya seized the fertilizer from a truck (Na 3 Kha 2100) coming from India. The truck and its driver have been handed over to the Malangawa customs, said Sita Sharan Kanth, DSP at the APF’s Chhinamasta Battalion, Bardibas. — RSS

Contraband haul

DAMAK: An Armed Police Force patrol on Monday seized goods worth Rs 2 million from a bus that were being smuggled through the Kakarvitta checkpoint. Items including clothes, foodstuff and liquor were confiscated along the Pathivara Battalion road section. The APF patrol seized the bus (Ko 1 Kha 1918) along with the goods and also arrested Rita Thapa and Bimala Adhikari, including three others. The seizure was made after a tip-off. The team handed over all confiscated goods to Mechi customs office in the presence of administration officials and media persons, said APF Pathibhara Battalion commander Bal Kumar Shrestha. — RSS

Herb farming

DHADING: Farmers of Ward No 8 of Kalleri VDC of Dhading, benefitting from farming herbs like asparagus, cardamom and other herbs in Gurasepakha Community Forest for the past few years, have planted 1000 saplings of lemon grass in the forest. They began growing herbs in the community forest as it fetched higher income despite low investment. Forest user Chuda Bahadur Adhikari said herb farming had benefitted the farmers very much. Forest users in Kalleri and Sunaula Bazaar VDC also are farming herbs in their respective community forests. — RSS

Budget frozen

KAPILVASTU: At least Rs 76 million meant for development work in Kapilvastu froze the last fiscal year after it was not utilized. The government had allocated Rs 1.22 billion under capital and current expenditure categories to 41 different offices in the district but the offices spent only Rs 1.15 billion. Last fiscal year, Rs 45.7 million had got frozen. It is said the money remained unspent as it could not be released by the offices concerned on time due to last year’s riots, strikes and chakka jams. — RSS

IME help for flood-hit

KATHMANDU: International Money Express (IME) Pvt Ltd chirman Chandra Prasad Dhakal on Tuesday gave Rs 5.60 lakh to Prime Minister Pushpa Kamal Dahal at the letter’s office in Singhadurbar for the flood-hit . — HNS

ACE’s shares listed

KATHMANDU: Ace Development Bank Ltd has listed its shares from serial number 32,00,001 to 41,60,000 for trading after fulfilling the rules and regulations mentioned in the Securities Board-2063 and the agreement for the listing. — HNS