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Registered auditors, CAs clash

KATHMANDU, July 2

Representatives of the Auditors Association of Nepal (AUDAN) and the Institute of Chartered Accountants of Nepal (ICAN) clashed on Tuesday leaving AUDAN President Mohan Rej Regmi injured.

The registered auditors, who were staging a sit-in in front of the ICAN Office in Babarmahal demanding that the policy of ”one person one profession” not be implemented, and the chartered accountants (CA) who are supporting the policy clashed. ICAN was also helped by the Nepal Chartered Accountant Students Association in the clash.

AUDAN has been staging a phase-wise protest from June 26 putting forth a 22-point demand. Vice President of AUDAN and coordinator of the protest programs Krishna Poudel said the auditors had to resort to staging a sit-in as repeated dialogue with ICAN did not make any breakthrough. “The students studying chartered accountancy attacked our president even as we were protesting peacefully. We will resort to more stringent protest programs from tomorrow if our demands are not met,” he added.       

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Market’s Data

Index Current Points Change % of +-
NEPSE 94136 4.6 0.005%
Sensitive 20042 1.08 0.005%
Float 6687 0.36 0.005%
Sen. Float 5585 0.31 0.006%
Banking 81937 4.21 0.005%
Hotels 184736 12.77 0.007%
Development Bank 77073 4.2 0.005%
HydroPower 209183 7.32 0.003%
Finance 51718 -0.52 -0.001%
Insurance 413000 6.2 0.002%
Manu & Pro 158336 14.53 0.009%
Others 73662 7.05 0.01%
Total Traded Amount Rs: 268905019
Total Traded Shares: 765449
Total Transactions: 1629
Currency Unit Purchase Sale
Indian Rupee
100
160
160.15
US Dollar
1
101.26
101.86
EURO
1
111.92
112.58
Pound Sterling
1
157.51
158.44
AUS Dollar
1
75.89
76.34
Singapore Dollar
1
75.05
75.49
Japani Yen
10
8.25
8.30
Chinese Yuyan
1
16.31
16.40
Hongkong Dollar 1 13.06 -
HALLMARK GOLD 50800/per tola
TEJABI GOLD 50550/per tola
SILVER 685/per tola
Petrol(MS)
NRs 109.00/L
Diesel(HSD)
NRs 86.50/L
Kerosene(SKO)
NRs 86.50/L
Aviation Turbine Fuel
NRs 133.00/L(Duty Paid)
Aviation Turbine Fuel(Jet A-1)
USD 1400.00/KL(Bonded)
LP Gas NRs 1470.00/cyl

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Nepal is gradually corroding in political, economic, social sectors. Every year comes with new energy and vigor but ends with disappointing and failure.

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