News

China’s rare earth restrictions threaten supply chain for Indian automakers

KATHMANDU: Indian automakers are facing growing challenges in securing rare earth magnets from China, with industry experts warning of potential production disruptions within weeks, according to Bloomberg. China, the world’s largest producer of rare earth minerals, has tightened export controls…
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Aprilia Storm 125 BS6 combines style with performance

KATHMANDU: Scooters in the 125cc segment have enjoyed massive success in Nepal, appealing to both male and female riders. Among the standout models in this segment is the Aprilia Storm 125 BS6, known for its sporty design, off-road capability and…
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Customs duty on helmets raised to 20%

KATHMANDU: The government has increased the customs duty on helmets used by motorcycle and scooter riders, as well as construction workers.  The Finance Bill, 2025, has raised the duty on such helmets from 15% to 20%. However, the bill includes…
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Four new vehicle assembly industries registered

KATHMANDU: Four new vehicle assembly industries have been registered in the current fiscal year so far. According to the Department of Industry (DoI), these new facilities are set to produce a range of electric vehicles (EVs), including two-wheelers, three-wheelers and…
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Yamaha offering riding jacket free with MT-15

KATHMANDU: Yamaha is offering a riding jacket free to all customers of the Yamaha MT-15. MAW Ride, the official distributor of Yamaha motorcycles in Nepal, launched the offer in collaboration with Kavach, a Nepali riding gear manufacturer. The offer is…