Social Security Fund collects Rs 95.44 billion from contributors
Six years since its establishment, the Social Security Fund has collected a total of Rs 95.44 billion from its contributors.
According to the Fund, the amount was collected from its 2.64 million plus contributors of 22,309 listed enterprises.
Likewise, the Fund has settled the claims of Rs 17.64 billion so far.
As shared by the Fund, Rs 2.51 billion was paid for medical expenses, Rs 228.6 million for accidents and disabilities, and Rs 290.7 million from the dependent family security scheme.
It shared that more than Rs 14.6 billion was paid for the retirement claim scheme.
Effectiveness of the Fund has improved as the foreign migrant workers should mandatorily participate in the contribution-based social security system.
Physical Infrastructure Reconstruction Fund receives Rs 93 million
The Physical Infrastructure Reconstruction Fund received Rs 10.1 million from Life Insurance Corporation Nepal on Sunday.
Chief Executive Officer of LIC Nepal Pranaya Kumar handed over a cheque of the amount to Finance Minister Rameshwor Prasad Khanal.
The Fund is established by the government for the reconstruction of physical structures damaged from arson and vandalism during the Gen-Z protests that happened on September 8 and 9.
Likewise, the employees of F1 Soft International, E-Sewa and Fonepay Payment Service Limited contributed Rs 7.5 million to the Fund.
Chairman of F1Soft Group Siddhantha Thakuri handed over the bank cheque to Minister Khanal on November 19.
The Fund has received Rs 93 million as of Sunday, Spokesperson of Finance Ministry Tanka Prasad Pandey said.
A bank account, 1960100102070004, has been opened at Rastriya Banijya Bank, Singha Durbar branch for the reconstruction fund.
The government has established the Physical Infrastructure Reconstruction Fund for the reconstruction of destroyed infrastructure, economic recovery, and relief operations.
The government has also appealed to the provincial and local governments, the private sector, Nepali and foreign citizens, the non-resident Nepali community, friendly nations, development partners, and international organizations to extend their support in this campaign for reconstruction.
Israel kills top Hezbollah official in first attack on Beirut in months
Israel's military has killed a senior member of the militant group Hezbollah in an air strike on the southern suburbs of the Lebanese capital, Beirut, despite a ceasefire, BBC reported.
It described Haitham Ali al-Tabtabai, Hezbollah's chief of staff, as a veteran of the group who had held a series of senior positions.
Lebanon's health ministry said at least five people were killed and 28 others wounded in the strike, which hit an apartment building in the densely populated Dahieh district, according to BBC.
Rubio hails 'tremendous progress' at Ukraine peace talks
A "tremendous amount of progress" has been achieved in talks to finalise a US-proposed peace plan to end the Russia-Ukraine war, Secretary of State Marco Rubio has said, BBC reported.
But "there's still some work to be done", Rubio said after meeting Ukrainian and European negotiators in Geneva, Switzerland.
Ukrainian President Volodymyr Zelensky said there were "signals that President [Donald] Trump's team is hearing us".
US to launch new phase of Venezuela operations: sources
The United States is poised to launch a new phase of Venezuela-related operations in the coming days, four US officials told Reuters, as the Trump administration escalates pressure on President Nicolas Maduro's government, Reuters reported.
Reuters was not able to establish the exact timing or scope of the new operations, nor whether US President Donald Trump had made a final decision to act. Reports of looming action have proliferated in recent weeks as the US military has deployed forces to the Caribbean amid worsening relations with Venezuela.
Two of the US officials said covert operations would likely be the first part of the new action against Maduro. All four officials quoted in this article spoke on the condition of anonymity because of the sensitivity of impending action by the United States, according to Reuters.
China says Japan sent ‘shocking’ wrong signal on Taiwan
China’s Foreign Minister Wang Yi said it was “shocking” for Japan’s leader to openly send a wrong signal concerning Taiwan, according to an official statement on Sunday, the latest remarks in a row that has shaken relations for more than two weeks, AFP reported.
Wang, the most senior Chinese official to have commented publicly on the issue, said Japan was crossing a red line that must not be touched, according to the statement posted on the Chinese Ministry of Foreign Affairs’ website.
He accused Japanese Prime Minister Sanae Takaichi of attempting to intervene militarily over Taiwan. Wang was referring to comments on November 7 in which she told a questioner in parliament that a hypothetical Chinese attack on democratically governed Taiwan could trigger a military response from Tokyo, according to AFP.
Pragatisheel Loktantrik Party announced, election symbol eye
The Pragatisheel Loktantrik Party was announced on Sunday.
The party was announced with the unification of Baburam Bhattarai-led Nepal Samajwadi Party (Naya Shakti), Janardan Sharma’s Pragatisheel Rastriya Abhiyan, and Santosh Pariyar, who recently left the Rastriya Swatantra Party, at a program organized in Kathmandu this afternoon.
The leaders have stated that progressive socialism is the party’s guiding principle and its election symbol is an eye.
It has been said that the party will have 151 central members.
Nepse surges by 39. 92 points on Sunday
The Nepal Stock Exchange (NEPSE) gained 39. 92 points to close at 2, 600. 22 points on Sunday.
Similarly, the sensitive index surged by 7. 63 points to close at 448. 29 points.
A total of 13,381,926-unit shares of 334 companies were traded for Rs 6. 28 billion.
Meanwhile, Sagar Distillery Limited (SAGAR)
was the top gainer today, with its price surging by 10. 00 percent.
Likewise, Peoples Hydropower Company Limited (PHCL) was the top loser as its price fell by 7. 65 percent.
At the end of the day, total market capitalization stood at Rs 1. 47 trillion.






