With the decrease in the price of petroleum products, the fare of interprovincial public transport decreased by two percent
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.
Express
Related News
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...
Richet Hydro to issue IPO to public, appoint RBB Merchant Banking as sales manager
Kathmandu. Upper Richet Hydropower Pvt Ltd has prepared to issue IPO for general public. The company has appointed RBB Merchant Banking Limited as the issue and sales manager. The agreement was signed by the executive chairman of the company, Anan...
The country's public debt exceeded 28 trillion, added 1 trillion 32 billion in 6 months
Kathmandu. Nepal's public debt has exceeded 28 trillion. At the beginning of the current fiscal year 2082,83, the total public debt was 26 trillion 74 billion 4 billion rupees, by the end of March, it increased by 1 trillion 32 billion 34 billion...
Despite the red market, the share prices of these 10 companies improved significantly
Kathmandu. The stock market has declined for the fourth consecutive day. The Nepal Stock Exchange (NEPSE) fell by 34.63 points to settle at 2,704.08 points. Trading volume has also been continuously declining. Today, 17.4524 million shares of 341...
6.5 billion trade loss in five months
Kathmandu. Till the end of December of the current fiscal year 2082-83, the country has incurred a loss of Rs. According to the five-month foreign trade status report published by the Customs Department, during this period, imports of Rs. Compared...
Increasing Nepalese access to financial services: significant improvement in the index
Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...



