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Bagmati to digitize transportation services, regulate ride-sharing

KATHMANDU: The Bagmati Province government has unveiled plans to digitize transportation services and regulate ride-sharing platforms. Presenting policy and program of the province government for the fiscal year 2025/26, Province Chief Deepak Prasad Devkota announced that all transport-related services will…
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China’s rare earth restrictions threaten supply chain for Indian automakers

KATHMANDU: Indian automakers are facing growing challenges in securing rare earth magnets from China, with industry experts warning of potential production disruptions within weeks, according to Bloomberg. China, the world’s largest producer of rare earth minerals, has tightened export controls…
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Customs duty on helmets raised to 20%

KATHMANDU: The government has increased the customs duty on helmets used by motorcycle and scooter riders, as well as construction workers.  The Finance Bill, 2025, has raised the duty on such helmets from 15% to 20%. However, the bill includes…
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Nationwide public transport halt causes disruption across Nepal

KATHMANDU: A nationwide strike by transport entrepreneurs has brought public transport services to a standstill across Nepal, causing significant disruption to daily life. The protest, led by the National Federation of Nepal Transport Entrepreneurs, comes in response to the Gandaki…