Hearing on habeas corpus petition of Sharma to continue on Tuesday
Hearing on the habeas corpus petition filed by spouse of the arrested Director General of the Inland Revenue Department Chuda Mani Sharma will continue on Tuesday.
Government advocates including Attorney General Raman Shrestha and two other government advocates, and Dron Raj Regmi pleaded on behalf of the Commission for the Investigation of Abuse of Authority (CIAA) on Monday in the hearing conducted by the joint bench of Cholendra Shumsher and Prakash Man Singh Raut. Advocates will continue to plead on behalf of the government on Tuesday.
The joint bench on Friday had decided to continue the hearing on Monday after pleading by advocates on behalf of the petitioner as pleading by government advocates would have taken time.
The Supreme Court (SC) on Wednesday had ordered CIAA to produce Sharma to the court by 10:30 Friday morning. The bench of Justice Purushottam Bhandari, hearing on the habeas corpus petition filed on Tuesday, had also directed the apex court to submit the reasons for Sharma's arrest in writing.
Sharma was arrested on June 2 on charge of amassing disproportionate assets. CIAA arrested Sharma to investigate controversial issues like tax waiver of Rs 20 billion through the Tax Settlement Commission and lobbying for waiver of capital gain tax in sale of Ncell among others.
Sharma has been claiming that he worked remaining within the provisions of prevailing acts and laws. He has called the charges against him an insult of the parliament that formulated procedures for the commission and the government.
The CIAA had later asked Sharma to furnish guarantee of Rs 3.02 billion.
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The Doklam dilemma
Being a buffer state between the two giant neighbors, Nepal should conduct its foreign policy vis-à-vis China and India in a very sensitive manner. Nepal has always maintained that it would not allow its soil to be used against any neighbor. At the same time, Nepal should make sure that its own national interests are never compromised.
Gaurab Shumsher Thapa
Effect of monetary policy on risk, stability and financial crises
The crisis of 2008–09 has reignited a new interest in understanding money and credit fluctuations in the macro economy, and the crucial roles they could play in the amplification, propagation, and generation of shocks both in normal times and, even more so, in times of financial distress. This may reopen a number of fundamental fault lines in modern macroeconomic thinking between theories that treat the financial system as irrelevant, or, at least, not central to the understanding of economic outcomes, and those that reserve a central role for financial intermediation.
The return trip
It took us over five hours, drenched in rain, walking through treacherous ratomato sluggishly. It should not have taken more than two hours in a normal day. It was the cruellest irony that no sooner did we reach Panchkhal and sat at the Pipal Chautari to rest, than the bus we had left behind, arrived with people in the bus bursting with laughter on seeing us.
Prospects for Nepali talents in the Diaspora
When Indu, a Nepali American teen studying in Virginia, asked Panta whether she could inspire Nepali youngsters into music industry and convince their parents to consider Nepali music as a path to professionalism, the female heartthrob of Nepali music could not fully convince her.
Traffic Police in Kathmandu
As busy and hassling as the traffic system in Kathmandu is, the Traffic Police here have to handle an equally strenuous job. Over 1,400 traffic officers in and around the Kathmandu Valley battle against the pestering traffic and air pollution each day.
Menstrual taboo outdated
I have seen my sisters and friends isolated and treated in discriminatory manner during their first menstruation cycle. They were not allowed to look at the sun, to touch water source, flower, fruits, any male family member, nor even hear their voice. The activist may claim the situation has changed and I do agree but still during every month my loved ones turns into untouchables beings.