KATHMANDU: Rising costs in the AI ​​and automotive sectors are driving electric vehicle prices higher worldwide. Automakers face dual pressures: surging demand for memory chips from the AI ​​industry and rising lithium prices causing battery supply shortages. Since mid-2025, prices…

KATHMANDU: The U.S. Treasury has issued a temporary 30-day sanctions waiver allowing Indian refiners to purchase Russian crude oil that was already loaded onto ships and stranded at sea as of March 5, 2026. The waiver, announced by Treasury Secretary…

KATHMANDU: France, Germany and the United Kingdom  released a joint statement condemning what they called indiscriminate and disproportionate missile and drone attacks by Iran against countries in the Middle East. They urged Iran to stop the attacks immediately and said…

KATHMANDU: The Nepal Tourism Board will operate free shuttle bus services for national and international air passengers on March 5, 2026, to facilitate travel during Election Day transport restrictions. The shuttle service will connect major hotels and tourist areas in…

KATHMANDU: The Government of India has provided 30 1-ton capacity vehicles to Nepal to support preparations for the upcoming elections. The vehicles were officially handed over during a program held at the Indian Consulate General in Birgunj on Sunday. Indian…