News

New rule proposes compensation for indirect road accidents

KATHMANDU: Vehicle owners may soon be liable to pay for damages, even if their vehicle is not directly involved in a crash. The Ministry of Physical Infrastructure and Transport has proposed a new road safety law that broadens the definition…
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Govt brings new standards for taxi operation

KATHMANDU: The Ministry of Physical Infrastructure and Transport has introduced a new standard for taxi services in Nepal. The “Standards for Vehicles Used as Taxis, 2025,” which was unveiled recently, classifies taxis into General, Deluxe, and Luxury categories based on…
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NIA preparing separate insurance policy for EVs

KATHMANDU: As the number of electric vehicles (EVs) continues to rise, the Nepal Insurance Authority (NIA) is developing a separate insurance policy tailored for electric vehicles (EVs). The new policy will consider factors such as the cost of spare parts,…