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…

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…

KATHMANDU: The Gandaki Province Government has decided to suspend the implementation of the recently introduced Gandaki Province Ride Sharing (Regulation and Management) Regulations, 2025 for a month. The decision was made during a stakeholder meeting held at the Chief Minister’s…

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…

KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) has given a mixed reaction to the government’s budget for the fiscal year 2025/26. In a statement issued on Friday, NAIMA welcomed several positive measures but also highlighted missed opportunities for…