KATHMANDU: The Asian Development Bank (ADB) has expressed its commitment to supporting the development of Nepal’s tourism road infrastructure. The commitment came during a courtesy meeting between Prime Minister Balendra (Balen) Shah and ADB President Masato Kanda on Tuesday. The…

KATHMANDU: Nepal Rastra Bank (NRB) has announced a policy to make financing easier for large electric vehicles used as public transport. Governor Dr. Bishwo Nath Poudel made the announcement while unveiling the Monetary Policy for FY 2026/27 on Tuesday. Under…

KATHMANDU: Nepal Rastra Bank (NRB) has continued its flexible monetary policy for the fiscal year 2026/27, aiming to support economic growth and improve financial stability. Governor Bishwo Nath Poudel announced the new monetary policy on Tuesday. He said the central…

KATHMANDU: The Indian government is planning to introduce stricter rules for driving license renewals. Drivers with a history of repeated traffic violations may soon have to pass a driving test before renewing their licenses. According to a report by The…

KATHMANDU: Nepal’s automobile industry has reached a new stage. Until a few years ago, the market was completely dependent on imported vehicles. Today, assembly plants for motorcycles and four-wheelers are operating in the country. This is an encouraging beginning for…