As per the last reports, another bus that rolled down into the gorge was still not traceable and all out efforts were on to remove the debris to locate the buried passengers.
The toll may rise further as many have been trapped under the debris. "One of the buses is buried under almost 15 metres (50 feet) of mud".
The massive landslide, covering an area of more than 250 metres, may have swept away some other vehicles also and damaged some houses, an official said.
The injured were rushed to the Zonal Hospital Mandi from there three have been referred to IGMC Shimla while two others were discharged after the providing first aid.
Rescue operations were halted Sunday night with authorities anxious about more mudslides on the Mandi-Pathankot highway, where the tradegy occured on the intervening night between Saturday and Sunday.
Rescue teams reached the scene but struggled in the dark and steep terrain with the army later joining the search.
Mandi Deputy Commissioner Sandeep Kadam told ANI that 46 bodies had been recovered so far and that rescue operations were underway. Mr Singh also met the bereaved family members and expressed his condolences. In a series of tweets, PM Modi wrote that a team of National Disaster Response Force (NDRF) is going to Mandi to take part in rescue and relief operations and provide all possible assistance required. "My condolences with the families of the deceased".
Himachal Pradesh Chief Minister Virbhadra Singh visited the landslide spot and announced ex gratia of Rs 5 lakh each for next of kin of the deceased.
Summary: "I pray for the quick recovery of those injured in Mandi district, Himachal Pradesh", he added.