KATHMANDU: Nepal Rastra Bank (NRB) has extended the deadline for loan repayments by borrowers and businesses affected by floods in the Bhotekoshi and Budhi Gandaki river areas. The central bank has directed banks and financial institutions to allow eligible borrowers…

KATHMANDU: BYD has launched its Racco electric kei car in Sri Lanka, marking the model’s first entry into a market outside Japan. The compact electric vehicle is priced at USD 34,615 under an introductory offer. The Racco made its debut…

KATHMANDU: The Tatopani border point between Nepal and China will reopen for three days starting today, October 18, after remaining closed for around one and a half months. The Ministry of Industry, Commerce and Supplies issued a press note announcing…

KATHMANDU: Nepal Oil Corporation (NOC) will keep 13 of its offices and fuel depots open during the Dashain holiday to ensure a regular supply of petroleum products. Vehicle movement usually increases during Dashain, raising fuel demand across the country. NOC…

KATHMANDU: Stellantis plans to invest US$468 million in India over the next three years as part of its FaSTLane 2030 growth strategy. The company aims to launch 12 new products under its Jeep and Citroen brands by 2030, according to…