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The death toll in Baglung landslides has reached seven while four were rescued alive.

Two persons died when a landslide buried a house at Badigad Rural Municipality-9 this morning and the landslide at Badigad Rural Municipality-10 killed five persons, police said. 

The landslide at Badigad-10 buried the house of Joglal Budha of Aarupata.

According to Assistant Chief District Officer, Chitrangat Baral, four have been rescued alive from the landslide debris and two are said to be injured severely.

Bangladesh's parliament was dissolved on Tuesday, the president's office said in a statement, a day after Prime Minister Sheikh Hasina resigned and fled the country following violent protests demanding her ouster, Reuters reported.

The announcement came hours after protesting student leaders set a deadline to dissolve parliament and warned a "strict programme" would be launched if their deadline is not met.

The Nepal Stock Exchange (NEPSE) plunged by 145. 05 points to close at 2,651.32 points on Tuesday.

Similarly, the sensitive index dropped by 27. 22 points to close at 445. 56 points.

A total of 53,844,237-unit shares of 322 companies were traded for Rs 23. 71 billion.

Meanwhile, Three Star Hydropower Limited (TSHL) was the top gainer today with its price surging by 10. 00 percent. Likewise, Nepal Finance Ltd. (NFS), Gurkhas Finance Ltd. (GUFL), Central Finance Co. Ltd. (CFCL), Panchakanya Mai Hydropower Ltd (PMHPL) and NRN Infrastructure and Development Limited (NRN) were the top losers as their price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 20 trillion.

Commercial banks in the country earned a combined net profit of Rs 64.15bn in the fiscal year 2023/24. This represents a 13.4 percent increase from the net profit of Rs 56.57bn reported by 20 commercial banks in the fiscal year 2022/23.

A study of financial statements for fiscal year 2023/24 reported by the commercial banks show 10 commercial banks saw their net profits rise, while the remaining 10 reported a decline compared to 2022/23.

Nabil Bank Ltd recorded the highest net profit of Rs 7.06bn in 2023/24, which is 10.23 percent more than the previous year. Global IME Bank followed with a net profit of Rs 6.01bn, marking a 10.23 percent decrease from 2022/23. Nepal Investment Mega Bank Ltd came in third with a net profit of Rs 5.19bn, reflecting a 39 percent increase from the previous year.

Likewise, Prabhu Bank Ltd reported a 1,500 percent increase in its net profit. The Class ‘A’ bank made a net profit of Rs 4.48bn in 2023/24, up from Rs 280.21m in 2022/23.

Prime Commercial Bank Ltd earned a net profit of Rs 3.45bn in 2023/24, a 267 percent growth from Rs 1.02bn in 2022/23. Likewise, Kumari Bank saw a 346 percent increase in its net profit, reaching Rs 2.3bn, while the state-owned Agricultural Development Bank Ltd reported a net profit of Rs 3.65bn, up by 176 percent compared to 2022/23.

Laxmi Sunrise Bank’s net profit grew by 40 percent to Rs 3.03bn, while Himalayan Bank Ltd earned a net profit of Rs 2.83bn, an 81 percent increase compared to 2022/23. Everest Bank Ltd also saw its net profit go up by 10 percent to Rs 3.70bn in 2023/24. Nepal SBI Bank saw a 2.35 percent increase in its net profit, reaching Rs 2.01bn in 2023/24

However, Standard Chartered Bank Nepal reported a 4.51 percent decrease in its net profit to Rs 3.30bn. NIC Asia Bank followed suit, with a significant 68 percent drop to Rs 1.38bn in 2023/24.

Similarly, state-owned Nepal Bank Limited experienced a 52 percent decline in net profit to Rs 1.66bn. NMB Bank’s profit fell by 27.49 percent to Rs 2.33bn, while Citizens Bank International saw a 27.97 percent decrease to Rs 1.34bn.

Sanima Bank’s net profit also declined by 8.59 percent to Rs 2.38bn, while state-owned Rastriya Banijya Bank Ltd earned Rs 3.39bn, marking a 5.48 percent decrease compared to 2022/23.

Siddhartha Bank Ltd and Machhapuchhre Bank Ltd experienced declines of 4.51 percent and 23 percent, respectively, with net profits of Rs 3.01bn and Rs 1.25bn.

Four persons died and two others were injured after a landslide buried a house at Musikot Municipality-1 in Gulmi district on Tuesday.

The mudslide buried the house of Bishnu BK at Bisauna in the Municipality this morning.

The deceased have been identified as Gore BK (45), Hukum BK (67), Masuri BK (66) and Riyansi BK (2), said Madhav Kharel, a local journalist.

Two persons, who were injured in the incident, have been rescued unharmed. They were rescued with the help of Nepal Police and the locals; it has been learnt.

Incessant rainfall across the country from Monday night has affected flights. According to Tribhuvan International Airport Office, both flights—domestic and international from TIA have been disrupted due to poor visibility following incessant rainfall.

General Manager at TIA, Jagannath Niraula said a Turkish Airlines' plane was diverted to Lucknow of India and Air India's plane to Banaras this morning.

The regular domestic flights have been affected due to rain and the flights are delayed, according to the TIA. Niraula mentioned that with the improvement in visibility, flights are now in regular operation from TIA.

The Meteorological Forecasting Division has forecast heavy to extremely heavy rainfall today and tomorrow. Specially, there is a chance of heavy rainfall at one or two places in Koshi, Madhes, Bagmati, Gandaki and Sudurpaschim Provinces.

Vector-and water-borne disease infection is found increasing across the country.

One person has died due to dengue, the Epidemiology and Disease Control Division under the Department of Health Services stated today.

A total of 2, 365 people throughout the country have been infected with dengue since the last seven and half months.

Dengue has spread in 73 districts of the country. The number of infected persons is 537 in Koshi Province, 46 in Madhes Province, 747 in Bagmati Province, 508 in Gandaki Province, 247 in Lumbini Province, 38 in Karnali Province and 242 in Sudurpaschim Province, according to the Division.

Similarly, 287 cases of dengue have been recorded in Kathmandu Valley, 137 cases in Kaski, 133 cases in Jhapa, 116 cases in Chitwan and 110 cases in Tanahu.

Likewise, the number of cholera cases has been increasing.

The EDCD said that cholera has been confirmed in 30 people across the country. So far, there is no casualty from cholera.

The Kanti Highway has been disrupted in Lalitpur due to incessant rainfall since Monday night.

According to Chief of Bhattedanda Police Beat, Uddhav Mahat, landslides have blocked the highway at different locations in Lalitpur.

One motorcyclist was injured in a landslide at Takurche, which lies between Chhapeli and Karkibas of Bagamati Rural Municipality-3.