KATHMANDU: Nepal Oil Corporation has once again increased the prices of petroleum products. According to the corporation, petrol prices have gone up by Rs 17 per liter, while diesel/kerosene has increased by Rs 25 per liter. The price of cooking…

KATHMANDU: The government led by Balen Shah has accelerated reforms in the transport sector within two weeks of formation. The first Cabinet meeting on March 27 approved a 100-point governance reform plan, with transport given high priority. The government aims…

KATHMANDU: The government has increased public transport fares across Nepal. The decision was made by the Department of Transport Management after approval from the Ministry of Physical Infrastructure and Transport. The revision is based on rising fuel prices and analysis…

KATHMANDU: Global oil prices dropped sharply after U.S. President Donald Trump announced a conditional two-week ceasefire agreement with Iran. The deal includes the reopening of the strategically important Strait of Hormuz, easing fears of supply disruptions and calming energy markets…

KATHMANDU: The Government of Nepal has decided to reduce taxes on petroleum products. The Cabinet meeting held on Tuesday approved a 50% cut in customs duty and infrastructure tax on petrol, diesel, and kerosene. The decision will be implemented after…