Arrests 82 office bearers of public transport associations, begins scrapping route permits of defiant public vehicles; route permits of 26 micro buses scrapped in Kathmandu Hoarding boards of transport associations not registered under the Companies Act removed from New Bus Park, Gongabu.

KATHMANDU, April 5: Eleven transport committees forming a cartel on the Arniko Highway halted their services on Wednesday, demanding that the government revoke the route permit awarded to Mayur Yatayat, a newly introduced bus service that poses a challenge to the cartel.

KATHMANDU, April 4: Despite obstructions from transport cartel, Mayur Yatayat, a newly introduced bus service along the Arniko Highway, has gained widespread admiration from service seekers for its lower fare, good facilities and reliable service.

KATHMANDU, Feb 19: The National Human Rights Commission (NHRC) has instructed the government to intervene in the drugs market to ensure people's right to buy medicines easily and at affordable rates.

KATHMANDU, Dec 15: Laxman Parajuli, a vegetable farmer of Mandan-Deupur Municipality of Kavre sends his produce, mostly tomatoes, to Kalimati market every alternate day. But he does not how much his produce fetches as traders themselves fix the price. When Parajuli called the trader over the phone the next day, he found out his tomatoes will fetch him Rs 1,400 to Rs 1,500 per crate (25 kg).

KATHMANDU, Sept 5: Small contractors - of class 'C' and 'D' categories - have alleged office-bearers of Federation of Contractors Association of Nepal (FCAN) of being self-centered and forming a cartel to win contracts.

Cartel it is

January 28, 2017 00:35 am

The decision of the commercial banks on Thursday to cap the deposit rate (the rate they offer depositors) at 12 percent is a clear case of cartelling.

KATHMANDU, Jan 27: In what seems to be an interest rate cartel, bankers have agreed to cap deposit rates at 12 percent.

BANEPA, Oct 6: The monopoly of Arniko Transport Service Committee (ATSC) in Kavre district has finally been broken by another committee of transport operators from Tuesday.

Reacting to the government's decision last week to suspend PDO for Himalayan Petrochemical Pvt Ltd (which supplies HP Gas), Nepal LP Gas Industry Association on Monday directed all bottlers to not collect PDO from NOC for an indefinite period.This is against the Essential Services Operation Act, 2014.