KATHMANDU: Government vehicles will now be fully insured. A Cabinet meeting held on Monday decided to procure comprehensive insurance coverage for all official vehicles. The Ministry of Finance has issued a directive instructing all subordinate agencies to ensure comprehensive insurance…

KATHMANDU: In a bid to restore consumer confidence shaken by the recent Gen Z protests, the government is preparing to ease auto loan provisions by reducing the mandatory down payment to 20% of a vehicle’s price. The Nepal Rastra Bank…

KATHMANDU: Minister for Physical Infrastructure and Transport Kulman Ghising has announced new measures to manage transport and road safety during the upcoming Dashain festival. In a meeting with stakeholders on Saturday, the minister instructed concerned authorities to provide passengers with…

KATHMANDU: Hyundai Motor Company has announced its bold 2030 vision at the CEO Investor Day held in New York, the first of its kind outside Korea. The company shared its long-term strategy focusing on electrification, manufacturing expansion and advanced technologies.…

KATHMANDU: Newly appointed Minister for Physical Infrastructure and Transport, Kul Man Ghising, has announced his commitment to steering Nepal into the era of electric vehicles (EVs). Assuming office at the ministry after his swearing in on Monday, Ghising formed a…