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Nepal Rastra Bank holds firm on auto lending policy

KATHMANDU: Nepal Rastra Bank has continued to introduce flexible measures to support economic activity, but the central bank has kept its policy on the automobile sector largely unchanged over the past year. Since the last fiscal year, the central bank…
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MotoGP India set for comeback as UP Government signs MoU

KATHMANDU: The Government of Uttar Pradesh has signed a Memorandum of Understanding (MoU) with AVW Global to bring MotoGP back to India. The agreement aims to revive international motorcycle racing events in the country, according to Autocar India. AVW Global…
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Nepal prepares for 10% ethanol-blended petrol

KATHMANDU: Nepal is preparing to introduce a 10 percent ethanol blend in petrol after the Cabinet approved the ‘Ethanol Blending Order 2082’. The government is expected to publish the order in the Gazette soon and begin implementation. Industry, Commerce and…