KATHMANDU: The government is preparing to open currently unused airports for recreational use and aviation training purposes under its new aviation policy framework. The Ministry of Culture, Tourism and Civil Aviation has introduced a proposal in the draft of the…

KATHMANDU: Bank and financial institutions disbursed Rs 6.84 billion in hire purchase loans to finance motor vehicle purchases in the first 11 months of the current fiscal year 2024/25, a 5.51% growth compared to the same period of the previous…

KATHMANDU: The traffic police have intensified actions against vehicles violating traffic rules. The crackdown comes amid a surge in road accidents caused by reckless driving. According to Nepal Police, over 111,000 vehicles faced traffic penalties in the month of Jestha…

KATHMANDU: Leading German automakers Volkswagen, BMW and Mercedes-Benz, along with major suppliers such as Bosch, Continental, Porsche and ZF, have come together to form a European software alliance. According to the German Association of the Automotive Industry (VDA), the partnership…

KATHMANDU: The government is set to overhaul its public road safety and infrastructure policies by introducing a new Public Road Safety and Transport Act. The Ministry of Physical Infrastructure and Transport has finalized the draft of the new legislation, which…