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EVs boom fails to curb Nepal’s import of petrol and diesel

Nepal’s roads may be filling up with electric vehicles (EVs), but the country’s fuel consumption habits remain stubbornly old-school. Despite a surge in EV imports and government incentives to go electric, petroleum imports — including petrol, diesel, and cooking gas — are not slowing down.
Mar 22, 2025
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Laxmi Steel, Sarbottam Cement pay installments of outst...

Mar 21, 2025

Business owners to face penalties for writing own produ...

Mar 21, 2025

Nepal imports EVs worth Rs 16.65 billion

Mar 21, 2025

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ECONOMY, Republica Watch

EVs boom fails to curb Nepal’s import of petrol and diesel

Nepal’s roads may be filling up with electric vehicles (EVs), but the country’s fuel consumption habits remain stubbornly old-school. Despite a surge in EV imports and government incentives to go electric, petroleum imports — including petrol, diesel, and cooking gas — are no...
3 hours ago
ECONOMY

Pokhara's tourist capital dream: A year of talk, but no acti...

"We haven't been able to develop any product. We haven’t been able to beautify the existing ones either. We’ve worked for cheap popularity. By calling Pokhara the capital of every sector, we've weakened the dignity and importance of the capital. We've institutionally devalued it. When ev...
1 day ago
ECONOMY

Nepal imports smartphones worth Rs 22 billion in eight month...

According to the Department of Customs, a total of 1,407,078 smartphones worth Rs 21.91 billion were imported during this period. The government collected Rs 4.08 billion in revenue from these imports.
1 day ago
ECONOMY

Nepal asks India for 230 MW electricity to tackle power shor...

This request follows Energy Minister Deepak Khadka’s announcement on March 19 that Nepal would experience evening power cuts due to supply shortages. Addressing the National Assembly, Khadka admitted that the government could no longer prevent load shedding as domestic production and imports f...
1 day ago
ECONOMY

Gold and silver worth Rs 21.12 billion imported in eight mon...

Nepal has imported gold worth Rs 16.50 billion in the first eight months of the current fiscal year (FY) 2024/25.
1 day ago
ECONOMY

Nepal exports goods over Rs 150 billion in eight months of c...

According to the data released by the Department of Customs, Nepal has exported goods and services worth Rs 158.17 billion in the first eight months of the current fiscal year.
1 day ago
ECONOMY

Nepal's public debt increases by Rs 205 billion in last 8 mo...

As of mid-March in the current fiscal year 2024/25, the government's outstanding debt reached Rs 2.68 trillion. The Public Debt Management Office's report for the second quarter of this fiscal year reveals that the government added about Rs 205 billion to its debt this fiscal year alone.
2 days ago
ECONOMY

NEPSE revamps closing price as last 15-minute average rule f...

The Nepal Stock Exchange (NEPSE) is implementing a new rule of fixing the average pricing of shares for the purpose of opening price with the aim of preventing the possible manipulation in stock prices by big investors.
2 days ago
ECONOMY

Govt looks forward to expedite MCC projects on its own

The government has started the ground work to expedite projects under the Millennium Challenge Corporation (MCC) by allocating necessary funds in the annual budget for the next fiscal year.
2 days ago
ECONOMY

85 percent work completed on Beni-Jomsom-Korala section of K...

Over 85 percent of the work on the Beni-Jomsom-Korala section of the Kaligandaki Corridor has been completed so far under the North-South Trade Route Expansion Project (NSTREP).
2 days ago