Inside Story


Casino drama: Elaine Wynn ousted from board Saturday, April 25th, 2015

(CNN): Elaine Wynn played hard, but lost. She no longer has a seat on the board at the casino empire she co-founded. On Friday, the billionaire failed to convince enough shareholders to support her vocal campaign to be reelected as a director at Wynn Resorts (WYNN). It's a painful loss for..

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FBI lets suspects go to protect ‘Stingray’ secrets Thursday, March 19th, 2015

The FBI has a secret device to locate criminal suspects, but it would apparently rather let suspects go free than reveal in court any details of the high tech tracker. The device, called a "Stingray," tricks cell phones into revealing their locations. A judge's court order this week threatens to..

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Prabhu Bank, RBS join hands for ‘bancassurance’ Friday, February 6th, 2015

KATHMANDU : Prabhu Bank Ltd has signed an agreement with Rastriya Beema Sansthan (RBS) to offer ´bancassurance´ service to the bank´s clients. Prabhu Bank´s CEO Ashok Sherchan and RBS´ Chief Administrator Ashwini Kumar Thakur signed an agreement to this effect amid a function on Thursday...

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Why oil could rebound to $80. Yes, $80. Friday, January 9th, 2015

By Paul R. La Monica, NEW YORK (CNNMoney): Oil bulls are a lonely bunch these days. The price of crude tumbled below $50 a barrel earlier this week. And even though prices have started to stabilize a bit, many experts still don't think the sticky black stuff has bottomed just yet. But there's one..

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Uber’s global ambitions hit roadblocks Saturday, December 13th, 2014

NEW YORK (CNN): Uber is running into roadblocks on its path to global domination. The most recent came on Friday. After being sued by taxi companies in France, a court allowed Uber to operate, but rivals are saying the company's legal battles haven't ended. Earlier in the week, a Spanish judge..

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All Indian currency to be legal in Nepal, Bhutan soon Saturday, November 8th, 2014

Sanjib Kr Baruah and Gaurav Choudhury, New Delhi: Even as President Pranab Mukherjee is in Bhutan on an official visit, there are strong moves afoot in the Narendra Modi government to legalise all Indian currency notes in Bhutan and Nepal. While Indian currency upto Rs. 100 is already legal..

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Parliament passes finance bill with majority Wednesday, October 15th, 2014

KATHMANDU: A meeting of the Legislature-Parliament today passed the Finance Bill- 2071 BS with a majority. In the meeting, Finance Minister Dr Ram Sharan Mahat tabled the proposal seeking the house's approval to the Bill. Similarly, proposals tabled in the meeting seeking considerations on the..

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First meet slated for Sept 22-23 Tuesday, September 16th, 2014

KATHMANDU: The first meeting of the Pancheshwor Development Authority is scheduled to be held from September 22-23 in Kathmandu. Indian Prime Minister Narendra Modi, during his Nepal visit in the first week of August, had pledged to take ahead the project within a year. The Pancheswor..

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Sebon urges NRB for coordination Thursday, September 11th, 2014

KATHMANDU: The Securities Board of Nepal (Sebon) on Tuesday asked Nepal Rastra Bank (NRB) to coordinate with it before taking any decision affecting the share market after its cap on investments by banks put stocks in freefall. Sebon officials told a press meet held by the Nepal Stock Exchange..

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PTA likely to be signed by deadline, say officials

KATHMANDU: Officials at the Ministry of Energy are optimistic that the much talked about Power Trade Agreement (PTA) between Nepal and India will be signed within the 45-day deadline set during Indian Prime Minister Narendra Modi’s visit to Nepal in August. The two countries initialled the PTA..

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Death by Video: Morrison Combats Refugees By Film Tuesday, February 19th, 2019

Caught in the backwater of the world’s existence, Australia struggles for relevance in various ways. It might show itself a leader in creating a sovereign fund (too..