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Low interest rates push Nepal’s vehicle financing to eight-year high

KATHMANDU: Nepal’s vehicle financing market has recorded its strongest growth in eight years as lower interest rates encourage more consumers and businesses to purchase vehicles through bank loans. According to the latest data from Nepal Rastra Bank (NRB), banks and…
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Gandaki greenlights ride-sharing registration, sets 300-car cap per firm

KATHMANDU: Gandaki Province has officially opened registration for ride-sharing services, becoming the first province in Nepal to formally regulate the sector. The Ministry of Physical Infrastructure Development and Transport Management has asked all ride-sharing operators in the province to complete…
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Police nab 60 for harassing passengers in Kathmandu

KATHMANDU: Nepal Police has intensified its crackdown against individuals accused of harassing passengers in different parts of the Kathmandu Valley. On Thursday, a team from the Kathmandu Valley Crime Investigation Office, Teku, detained 60 people from the Kalanki and New…