World

This is the 24th consecutive year that Kotak Life has declared a bonus on its participating products. Source

A loud explosion was heard in Pakistan’s Lahore on the morning of May 8, according to local broadcaster Geo TV and a Reuters witness. Multiple blasts were reported in the Gopal Nagar and Naseerabad areas, near Walton Airport, sending residents into a panic.Sirens were heard in the area shortly after the explosion and eyewitnesses described…

Indian drone entered the Pakistan airspace and reached upto Lahore as tensions between India and Pakistan continue to rise. Source

The Philippine Navy slams a Chinese warship for a “high-risk” manoeuvre near Scarborough Shoal, saying it came within 180 metres of a Filipino vessel. Manila calls the move “provocative,” while Beijing says it was warning and driving away the ship. China accuses the Philippines of misleading the public. n18oc_world n18oc_crux Source

The United States on Thursday directed all its consulate personnel and citizens in Pakistan’s Lahore to either evacuate safely or take shelter in secure locations. Source

President Donald Trump has indicated that the US will “blow up or just de-nuke” Iran’s nuclear centrifuges with or without a deal. Trump’s remarks on May 7 came in response to questions whether the US told Iran to choose either to turn over its centrifuges and uranium or to “get bombed.”“It’s that simple”, Trump replied…

The New Fund Offer (NFO) opened on May 15 and will close on May 26, 2025. Source

Tensions escalated in the South China Sea as the Philippines accused China of a “high-risk” naval maneuver near Scarborough Shoal, nearly causing a collision. Manila condemned the “provocative” actions, while Beijing claimed it lawfully repelled a Philippine intrusion. Meanwhile, Taiwan repelled a Chinese fishing vessel near Dongsha Islands using water cannons, amid heightened PLA military…

Foreign Secretary Vikram Misri stated he had no information regarding any contact between the two countries’ NSAs Source

The fund’s benchmark is the Nifty Services Sector Total Return Index (TRI). Source