Nepse plunges by 21. 46 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 21. 46 points to close at 1,826.23 points on Sunday.
Similarly, the sensitive index dropped by 5. 36 points to close at 352. 39 points.
A total of 3,558,554-unit shares of 289 companies were traded for Rs 972 billion.
Meanwhile, NIC ASIA Laghubitta Bittiya Sanstha Limited was the top gainer today with its price surging by 6. 97 percent.
Likewise, Himalayan Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 10.00 percent.
At the end of the day, the total market capitalization stood at Rs 2. 81 trillion.
PM Dahal issues directives to make relief, rehabilitation effective
Prime Minister Pushpa Kamal Dahal has issued directives for making the relief and rehabilitation for the Jajarkot earthquake victims effective.
Addressing the meeting of the Disaster Risk Reduction and Management National Council held in Singha Durbar today, he instructed the bodies concerned to carry out the relief and rehabilitation operations with the necessary preparation and by taking the earthquake affected people into confidence.
PM Dahal expressed profound sorrow over the big loss of life and property caused by the earthquake and stressed on the need of utilizing the disaster as an important opportunity for reconstruction.
The 13th meeting of the Council was convened to discuss the damage caused by the devastating earthquake that hit Jajarkot and Rukum Paschim, and the steps the government needs to initiate in its aftermath.
On the occasion, the PM directed one and all to be serious on making the post-quake rescue, relief and reconstruction effective, describing the initiatives made by the three tiers of the government and other bodies immediately after the disaster as positive.
He stated that preparations have been made to carry out works in a prompt manner by restructuring the existing Acts, regulations and structures based on the good practices during the time of the 2015 Gorkha Earthquake.
"I thank all the parties, the federal government and various agencies, the provincial government and the local governments for their post-earthquake initiatives. We should have carried out work related to search, rescue and treatment yesterday, which we have basically completed. Now, we need to concentrate on relief and rehabilitation," the PM reiterated.
He directed for managing warm clothes to the earthquake victims and for making treatment for them effective. Reminding that Nepal is a country vulnerable to natural disaster, the PM acknowledged that the government's initiatives and raising people's awareness on this have not been adequate.
"For the next three days, let us make maximum efforts for relief. Rehabilitation has to be made effective and we need the required Act, work procedure and structure for the same. The reconstruction works are not seen to be effective with the existing Act, procedures and structure. We need to make a sound review of our past experiences as well," PM Dahal reiterated.
Stating that an effective work relating to the earthquake had not taken place following the 2015 earthquake, he stressed the need for a study on the geographical condition and risks. "We must think about carrying out a geographical study and establishing human settlements. We should work to keep all required materials during disasters. Now, we store such materials. We will adopt a one-door system to distribute relief materials. We will stop misuse of relief materials. We will create an environment that reliefs are distributed through the central, provincial and local governments."
In the meeting, participants including Deputy Prime Minister and Home Minister Narayan Kaji Shrestha, Finance Minister Dr Prakash Sharan Mahat, Minister for Energy, Water Resources and Irrigation Shakti Bahadur Basnet, Minister for Agriculture and Livestock Development Dr Beduram Bhusal, Minister for Education, Science and Technology Ashok Kumar Rai, Minister for Urban Development Sita Gurung, Minister for Physical Infrastructure and Transport Prakash Jwala and Chief of the Army Staff Prabhuram Sharma commended activeness and hard work shown by PM Dahal during the quake.
"The Prime Minister himself took initiatives in rescue efforts. Rescue efforts have almost been completed. Now, there are no reports of missing people. So, our focus should be on relief distribution," said DPM Shrestha.
The PM's activeness during the disaster showed the seriousness of the government, said former minister Gangadhar Tuladhar. Claiming that all state mechanisms had been effectively deployed since the PM himself took initiatives post-disaster, minister Basnet maintained that the government was successful in reaching out and assisting the quake victims.
PM himself taking a leadership role in the rescue, relief distribution and treatment of the quake victims has spread a positive message, said minister Jwala.
Praising PM Dahal for his activeness during the disaster, Minister for Health and Population Mohan Bahadur Basnet expressed his happiness for having a responsible and active PM.
The whole state mechanism was mobilized during the disaster, said the Army Chief Sharma.
Bodies of all Nepali students killed in Israel brought home
The bodies of all ten Nepali students killed in last month's attacks by Hamas militants in south Israel have been brought home.
According to Foreign Ministry's joint-secretary, Sharad Raj Aran, with the arrival of the body of Padam Thapa, of Lamikhal-8 in Doti via the Fly Dubai flight at 11:30 last night, Nepal receives the mortal remains of all those killed in the attack.
Similarly, rescue efforts are underway for Bipin Joshi of Bhimdutta-3, Kanchanpur, who has gone missing since the assault on October 20.
Prabesh Bhandari of Sarada-3, Salyan; Ganesh Kumar Nepali of Jayaprithvi-6, Bajhang, Lokendra Singh Dhami of Malikarjun-4, Darchula; Dipesh Raj Bista of Lekam-5, Darchula; Anand Shah of Sapahi-6, Dhanusha; Narayan Prasad Neupane of Ghodaghodi-4, Kailali; Rajesh Kumar Swarnakar of Madhuwan-1, Sunsari; Rajan Phulara of Pachnali-3, Doti; and Ashish Chaudhary of Bauniya-3 in Kailali were killed in the attack.
They had been in Israel under the 'Lean and Earn' programme offered by the Israel government for students under the Faculty of Agriculture in the Sudurpashim (Far-Western) University.
Following the attack, 254 Nepali were rescued and brought to Nepal by the government.
It is said that the Ministry has planned to transport the bodies of Padam, Rajan and Prabesh to their respective home districts by a Nepal Army helicopter this afternoon.
Chinese President Xi expresses grief over loss of life, property in Friday's quake
Chinese President Xi Jinping has expressed his grief over the loss of life in the earthquake that occurred on Friday night.
In his message of condolence to President Ram Chandra Paudel on November 4, Xi said he was shocked to learn of the strong earthquake in Nepal's Karnali Province, which caused heavy loss of life and property, according to the Chinese Embassy in Nepal.
On behalf of the Chinese government and people, Xi expressed deep condolences for the deceased, offered sincere sympathies to the bereaved families and the injured, and wished the injured a speedy recovery.
The Chinese President stressed that he believes that under the leadership of Paudel and the Nepali government, people in the earthquake-stricken areas will be able to overcome difficulties and rebuild their homes as soon as possible, adding that China is willing to provide necessary disaster assistance to Nepal.
On the same day, Chinese Premier Li Qiang also extended condolences to Nepali Prime Minister Pushpa Kamal Dahal over the Friday's quake.
Govt announces Rs 200, 000 in relief to families of those killed in earthquake
The government has announced to provide Rs 200, 000 in relief to each family of the people killed in the earthquake.
An emergency Cabinet meeting held on Sunday morning made the decision to this effect, government spokesperson and Minister for Communications and Information Technology Rekha Sharma said.
At least 157 lost their lives and around 200 people sustained injuries in the earthquake in Jajarkot and Rukum West.
The injured are being treated in various hospitals.
Meanwhile, the government has decided to provide free treatment to the people injured in the earthquake.
Gold being traded at Rs 115, 900 per tola
The gold is being traded at Rs 115, 900 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 115, 350 per tola.
Similarly, the silver is being traded at Rs 1,415 per tola today.
Government to provide free treatment to quake injured
The government has decided to provide free treatment to the people of Jajarkot and Rukum West who were injured in the earthquake that occurred on Friday.
An emergency Cabinet meeting held on Sunday morning made the decision to this effect.
Minister of Health and Population Mohan Bahadur Basnet said that the rescue of the quake survivors have almost been completed and all the hospitals in Kathmandu among others are ready to provide treatment to the needy.
The government will bear the cost of the treatment of the injured, he said.
An earthquake measuring 6.4 on the Richter scale was recorded at Ramidanda village in Barekot Rural Municipality of Jajarkot on Friday night.
At least 157 people lost their lives and 197 sustained injuries to the earthquake.
Two killed, one injured in Jumla auto accident
Two persons died on the spot and another was injured in an auto accident at Badki in Hima Rural Municipality-1 of Jumla on Sunday.
The deceased have been identified as 45-year-old auto deiver Padam Shahi and 42-year-old Bali Rokaya of Himal Rural Municipality-1, according to the Information Officer of District Police Office, Jumla, Umesh Chand.
The auto (Ve 1 Ha 3197) was en route to Dewargaon from Nagma when the tragedy occurred this morning,
Nanda Rokaya (41) of the same locality was injured in the incident and is undergoing treatment at Karnali Institute of Health Sciences, police said.