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NRB tightens vehicle loans with continuous income ratio monitoring

KATHMANDU: Nepal Rastra Bank (NRB) has tightened rules on vehicle and other retail loans, requiring banks and financial institutions to continuously monitor borrowers’ debt-to-income (DTI) ratios throughout the loan period. In a circular issued on Monday, the central bank directed…
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Golchha Group awarded Pulsar N160 motorcycles to leading NPL players

KATHMANDU: Golchha Group has honored three top performers from the second season of the Nepal Premier League (NPL) with Pulsar N160 motorcycles. Hansraj Hulaschand & Company, operating under Golchha Group as the league’s Two Wheeler Partner, handed over the motorcycles…
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China grants first L3 self-driving permits

KATHMANDU: China has issued its first conditional Level 3 (L3) autonomous driving permits. The Ministry of Industry and Information Technology announced the approval on December 15. This marks a key step from testing to early commercial use of L3 self-driving…
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Yamaha files YZF-R2 trademark in India, RC200 rival on cards

KATHMANDU: Yamaha could be preparing to enter the 200cc super sport segment with a new model tentatively called the YZF-R2, after filing a trademark for the name in India. At present, Yamaha does not offer a direct rival to the…
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Daunne concrete road works gain pace

KATHMANDU: Concrete paving in the Daunne section of the Narayanghat–Butwal Road has gained momentum. Construction teams are working late into the night to complete the remaining works. The Narayanghat–Butwal Road Project aims to complete major sections, including Daunne, by mid-April…