The New Nation - Internet Edition

Reuters, Kathmandu

Hundreds of Nepali student activists, demanding a roll back of fuel prices and transport fares, stoned or set fire to several vehicles in the capital Kathmandu on Thursday, police said.

State-run Nepal Oil Corporation increased petrol and diesel prices by about 25 percent last week saying the move was needed to cut losses due to a global oil price rise and to meet a domestic fuel shortage.

Transport operators also raised fares between 25 and 35 percent for taxis and buses, sparking fresh protests. On Thursday, angry student protesters shouting "withdraw the fuel price hike" marched in the streets of the capital throwing stones on passing vehicles and disrupted rush hour traffic. Protesters threw rocks and destroyed window panes of the car of Nepal's Chief Justice Kedar Prasad Giri, a Reuters photographer on the scene said. Giri was unhurt and escaped with his security guard to a nearby house.