KATHMANDU: Volvo Cars and Nvidia are expanding their partnership to develop safer self-driving technology for future Volvo vehicles. The technology aims to help cars handle different road conditions, from highways and busy city streets to parking areas. Announced on October…

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: Nepal will prioritize concrete roads over bitumen-based asphalt under a new government directive aimed at promoting domestic products and construction technologies. The Cabinet approved the Directive on the Promotion and Use of Domestic Products in Public Procurement, 2083 on…

KATHMANDU: The number of motor insurance policies issued in Nepal increased by 19.42% in the first two months of the current fiscal year, according to the Nepal Insurance Authority. Insurance companies issued 262,414 motor insurance policies by the end of…

KATHMANDU: The Department of Transport Management (DoTM) has approved 23 additional inter-provincial routes, increasing the total number of approved routes from 280 to 303. The decision was made at a department meeting on October 12. The department has instructed vehicle…