KATHMANDU: The government of Maharashtra, India has proposed new incentives to encourage vehicle owners to scrap older vehicles and replace them with new models. The proposal was announced in the state’s latest budget, according to TOI. Under the plan, owners…

KATHMANDU: The European Union is set to propose new “Made in EU” rules for electric vehicles, but the plan could trigger retaliation from key trading partners, according to Reuters. Under the draft Industrial Accelerator Act, EVs would need at least…

KATHMANDU: Rising geopolitical tensions in the Middle East involving Iran, the United States and Israel have once again highlighted Nepal’s vulnerability to global oil supply disruptions. With fears growing over possible restrictions in the Strait of Hormuz, international oil prices…

KATHMANDU: The Government of India has provided 30 1-ton capacity vehicles to Nepal to support preparations for the upcoming elections. The vehicles were officially handed over during a program held at the Indian Consulate General in Birgunj on Sunday. Indian…

KATHMANDU: Global shipping through the Strait of Hormuz has ground to a near standstill following escalating military conflict between the United States, Israel, and Iran, after strikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday and prompted a wave…