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One cracked lens can now mean replacing a $1,430 headlight

KATHMANDU: A minor parking scrape that once required little more than paintwork can now lead to a costly repair bill. Modern vehicle headlights have become more advanced, but they have also become far more expensive to replace. German insurer Allianz…
News

Comprehensive insurance made mandatory for all government vehicles

KATHMANDU: Government vehicles will now be fully insured. A Cabinet meeting held on Monday decided to procure comprehensive insurance coverage for all official vehicles. The Ministry of Finance has issued a directive instructing all subordinate agencies to ensure comprehensive insurance…