August 19, 2026, Wednesday
English

With the decrease in the price of petroleum products, the fare of interprovincial public transport decreased by two percent

Main News Image

Kathmandu. The Department of Transportation Management has reduced the fares of public and cargo vehicles running interprovincially by two percent due to the fall in the price of petroleum products.

After the Nepal Oil Corporation reduced the price of diesel and kerosene by Rs 42 per liter with effect from midnight on June 17, the department has established a new fare based on the automatic price system. In issuing a public notice on Thursday, the department has made it clear that this revised fare will be applicable to long-distance vehicles across the country from today's date.

The average market price of diesel was 235 rupees 83 paise per liter when the department adjusted the fare earlier. However, due to the recent fall in the price of crude oil in the international market and according to the new price list, the price of diesel in Nepal remained at 193 rupees 83 paise per liter.

mediabaaji add

Related News

Have you seen the IPO results of Salpa Bikas Bank?

Kathmandu. Salpa Development Bank Limited has distributed the IPO issued to the general public. The company had opened the IPO sale of a total of 14 lakh 39 thousand 179 shares to the general public.

The IPO was distributed through the Gola...

50 thousand shares of Nepal Life in the auction, everyone can buy

Kathmandu. Nepal Life Insurance Company Limited has auctioned 50,000 shares of the founder group. The company has put the shares in auction so that any interested and qualified person, company, organization can buy them.

The minimum price pe...

The price of gold increased, how much did it reach per tola?

Kathmandu. The price of gold increased on Sunday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has increased by Rs 2,300 per tola. 

Along with this, on Sunday, the price of Chhapawal gold has remain...

Solu Hydropower's IPO sale is open to the general public from today

Kathmandu. Solu Hydropower has opened the IPO sale for the general public from January 29th today. On October 24th, the company received permission from the Nepal Securities Board to issue 20 million ordinary shares worth Rs 2 billion at Rs 100 pe...

16 billion more spent on insurance agent commission, Nepal National Life in the lead, IME ahead in growth rate

Kathmandu. Life insurance companies have increased insurance agent commission expenses by 10 percent compared to the previous year. In the last financial year, life insurance companies have spent more than 16 billion on agent commission. According...

Prabhu Bank CEO and Two Senior Executives Arrested in Banking Fraud Probe

KATHMANDU — Nepal Police’s Central Investigation Bureau (CIB) on Sunday arrested Prabhu Bank Chief Executive Officer Ashok Sherchan, along with Deputy CEO Mani Ram Pokharel and Chief Credit Officer Rivas Sh...