News

Surge in import agency registration underscores automobile boom

KATHMANDU: The Nepali automobile market is experiencing a surge of new entrepreneurs attracted by quick profits and fewer complexities compared to other sectors. While industries such as manufacturing, tourism, agriculture, construction and hydropower require significant infrastructure and years to break…
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E-commerce firms accelerate EV adoption in South Asia

KATHMANDU: E-commerce firms are kicking off a quiet green revolution in South Asia with every electric ride. In India, e-commerce and food delivery leaders like Flipkart, Amazon, BigBasket, Swiggy and Eternal (previously Zomato) are gradually adopting electric two-wheelers and vehicles…
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Bagmati keeps annual vehicle tax rates unchanged [With List]

KATHMANDU: The Bagmati Province Government has decided to retain the existing annual vehicle tax rates for the fiscal year 2025/26, according to the Economic Bill, 2025, presented alongside the provincial budget. While the Bill proposes hikes in vehicle transfer consent…
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India may relax fuel efficiency norms for small cars

KATHMANDU: India is mulling over relaxing fuel efficiency standards for small cars weighing under 1,000 kg, as requested by Maruti Suzuki. The move comes as the country’s top automaker struggles with declining sales of small cars amid the growing popularity…