Author: Admin

Xabi Alonso signs two-year contract extension with Real Madrid

Real Madrid midfielder Xabi Alonso has signed a two-year contract extension that will keep him at the Spanish club until 2016. The Spain international had delayed re-signing with Madrid with his contract up in June and reported interest from English club Chelsea and Juventus in Italy. Alonso won one Spanish league title with Madrid, which did not release the financial terms of the new contract. The 32-year-old Alonso has been a key figure in Madrid’s squad with 204 appearances since his 2009/10 arrival from Liverpool, where he won the Champions League in...

Read More

Thomas Hitzlsperger: Former Aston Villa player reveals he is gay

The 31-year-old, who won 52 caps for Germany and also played for West Ham and Everton, made the announcement in newspaper Die Zeit. He is the most prominent footballer to publicly reveal his homosexuality and said it was “a good time” to do so. “I’m coming out about my homosexuality because I want to move the discussion about homosexuality among professional sportspeople forwards,” he added. The midfielder, who retired from the sport in September after a series of injury problems, said he has only realised “in the past few years” that he would “prefer to live together with another...

Read More

NRB issues reverse repo of Rs. 19.50 million

NRB Spokesperson Bhaskar Mani Gyawali said the NRB has issued the seven day Treasury bill to collect the reserve in the commercial bank and financial institutes after the liquidity grew highly in these banks and institutes. He made it clear that the Treasury bill was issued to maintain balance between the demand of capital and its supply in the market as per the monetary policy. After the balance, the capital would be returned to the concerned banks and institutes. In the current fiscal year, NRB has issued the reverse repo for the eighth time. Once the banks and financial institutes have maximum liquidity, the interest rate would decrease leading to the capital flight. It also increases prices of goods, affects the profits of the banks and cause negative impact on revenue, according to economic experts. As the formation of a stable government after the CA election is much delayed, the floating of loan and investment of capital is very low; liquidity has increased in the commercial banks and financial institutes. Reverse repo rate is the rate at which the central bank of a country (Nepal Rastra Bank in case of Nepal) borrows money from commercial banks within the country. It is a monetary policy instrument which can be used to control the money supply in the...

Read More

President and top leaders, officials at the tea party

After a thick consultations to manage the first meeting of the Constituent Assembly, President Ram Baran Yadav organised a tea party at Shital Niwas, Kathmandu, on Tuesday. The Office of the President said that the tea party had been organised to mark the successful conclusion of the CA election and to welcome the new elected members. “We are gathered here as the process for the CA to convene comes close to completion,” said President Ram Baran Yadav as he addressed the gathering. “I thank the Chairman of the government and the council of ministers for conducting the election successfully and keeping it free and fair.” The president also thanked the Election Commission, security officials, the international community and media for their roles in the CA election. Referring to the first CA, the president said that the last CA had not been in vain and that it has been able to conclude the peace process. “The political parties now have the responsibility of taking things forward from this point, incorporating the positive achievements of the last CA,” President Yadav added. “I hope that this CA will be successful in meeting its objective.” Senior leaders of the political parties, officials of the Election Commission,  heads of diplomatic missions and other distinguished guest were present at the...

Read More

Paul Walker’s character will not be dissappeared in Fast & Furious 7

“Fast & Furious 7” Paul Walker died in November with filming only half-finished, although given the age we live in fans had already seen Walker on set and in character. Cutting Walker out of the film entirely would have been a costly very expensive.  Less cynically, people could argue that keeping Walker in the film was the right move. It would provide closure. And after all, the “Fast” franchise was something like Walker’s life’s work. But that opened up all kinds of creative problems for the Fast filmmakers — particularly since everyone attached to the film been proclaiming that “Fast 7” is an attempt at world-building towards a new trilogy. (Translation: They probably already had half-sketched plans for Brian O’Conner in Fast 10.) According to the Hollywood Reporter, the crew behind “Fast 7” has opted to “retire” Brian O’Conner. He will specifically not be killed off, according to the Reporter’s sources. Universal had no comment on the report, but the rumor smells true. Given the high-speed nature of Paul Walker’s death, it probably felt like bad taste to kill a character played by Walker in a movie about cars driving very fast. Still, it’s difficult to imagine how O’Conner will leave the series. The franchise has a well-stated commitment to Family, and “Furious 6” reaffirmed the central tenet — sentimental, but full-hearted — that the characters will die for...

Read More
hotel deals in kathmandu

Kathmandu Directory

Kathmandu Real Estate

Kathmandu Jobs

Instagram #kathmandu

Flickr #kathmandu