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India’s SC suggests ban on luxury cars to push EV transition, sparking policy debate

KATHMANDU: In a move that has ignited major political, industrial, and environmental discussions across India, the Supreme Court of India has suggested imposing a ban on luxury cars as part of a broader national strategy to strengthen the adoption of electric vehicles (EVs) and reduce fossil-fuel dependence. During a...

India’s SC suggests ban on luxury cars to push EV transition, sparking policy debate
Nepal’s economy shows mixed signals—Low inflation, record reserves but weak investment and sluggish credit raise concerns

Nepal’s economy shows mixed signals—Low inflation, record reserves but weak investment and sluggish credit raise concerns

Ncell brings attractive NPL Fan Packs, ensuring free resources

Ncell brings attractive NPL Fan Packs, ensuring free resources

Interest rates fall again—11 commercial banks slash fixed deposit rates for Mangsir as liquidity pressure eases

Interest rates fall again—11 commercial banks slash fixed deposit rates for Mangsir as liquidity pressure eases

Industries accuse NEA and energy ministry of defying PM Karki’s directive, Demand revival of administrative review committee

Industries accuse NEA and energy ministry of defying PM Karki’s directive, Demand revival of administrative review committee

Govt imposes strict controls: Transactions above Rs 1 mln in precious metals must go through banks

Govt imposes strict controls: Transactions above Rs 1 mln in precious metals must go through banks

CIBFIN calls for urgent review of credit policies and service charges amid rising economic strain

CIBFIN calls for urgent review of credit policies and service charges amid rising economic strain

NRB governor questions misuse of SME and agriculture loans as bad debts surge

NRB governor questions misuse of SME and agriculture loans as bad debts surge

Data center failure reoccurs: New license and e-DL services completely suspended

Data center failure reoccurs: New license and e-DL services completely suspended

Nepali citizens can transit Hong Kong without visa starting November 15

Nepali citizens can transit Hong Kong without visa starting November 15

Nepal Telecom modernization stalls: Political clouds cast shadow over NT’s critical billing upgrade

Nepal Telecom modernization stalls: Political clouds cast shadow over NT’s critical billing upgrade

PM Karki directs bureaucracy to accelerate development targets, Ensure governance reform

PM Karki directs bureaucracy to accelerate development targets, Ensure governance reform

Outgoing Nepal Police chief Khapung barred from leaving valley amid probe into suppressed GenZ protests

Outgoing Nepal Police chief Khapung barred from leaving valley amid probe into suppressed GenZ protests

Portugal halts working visas; Nepali embassy warns against rising fraud schemes

Portugal halts working visas; Nepali embassy warns against rising fraud schemes

World Bank projects Nepal’s growth to slow to 2.1% in FY26 amid political instability and public unrest

World Bank projects Nepal’s growth to slow to 2.1% in FY26 amid political instability and public unrest

Singapore tops global crypto comfort index as 25% of citizens own digital currencies

Singapore tops global crypto comfort index as 25% of citizens own digital currencies

Process to appoint NAC GM moves forward, Applications invited amid PM’s intervention

Process to appoint NAC GM moves forward, Applications invited amid PM’s intervention

Global IME Bank concludes 19th AGM, Approves 8% cash dividend for shareholders

Global IME Bank concludes 19th AGM, Approves 8% cash dividend for shareholders

Jagdamba Steel pays first installment of premium electricity dues; Restores power supply

Jagdamba Steel pays first installment of premium electricity dues; Restores power supply

Hyatt Regency Kathmandu lays off entire workforce after Gen-Z uprising devastation, citing massive financial loss

Hyatt Regency Kathmandu lays off entire workforce after Gen-Z uprising devastation, citing massive financial loss

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World Business

Microsoft to invest $17.5 billion in India to boost AI and cloud infrastructure

Microsoft to invest $17.5 billion in India to boost AI and cloud infrastructure

Trump administration orders sweeping immigration review following national guard shooting incident

Trump administration orders sweeping immigration review following national guard shooting incident

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

China moves to ban influencers without degrees from commenting on finance, health, law and education

China moves to ban influencers without degrees from commenting on finance, health, law and education

Trump-Xi summit in South Korea yields major breakthrough on tariffs and trade framework

Trump-Xi summit in South Korea yields major breakthrough on tariffs and trade framework

Nepal targets 15,000 MW renewable power export by 2035, Minister Ghising calls for South Asian regional energy integration

Nepal targets 15,000 MW renewable power export by 2035, Minister Ghising calls for South Asian regional energy integration

Fusemachines on Nasdaq, Marking a major leap in Global AI Innovation

Fusemachines on Nasdaq, Marking a major leap in Global AI Innovation

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