News

Fuel shock: petrol up Rs 15, diesel and kerosene rise Rs 10

KATHMANDU: Nepal Oil Corporation has significantly increased the prices of petroleum products. The corporation stated that the price hike was necessary due to rising crude oil prices in the international market and the growing outstanding payments owed to the Indian…
News

NADA election cleared as Patan High Court dismisses legal challenge

KATHMANDU: The High Court Patan has dismissed a writ petition filed against the recently concluded election of the NADA Automobiles Association of Nepal, clearing the way for the swearing-in of the newly elected Executive Committee. NADA informed that the petition…
News

Iran war sends early shockwaves through global automotive industry

KATHMANDU: The ongoing conflict involving Iran is beginning to affect the global automotive industry, with rising oil prices, disrupted shipping routes, and production adjustments already being reported. Industry analysts say the situation is evolving from a geopolitical issue into a…