World

According to recent fund performance data (as of July 23), the Quant Small Cap Fund topped the list with an annualised 5-year return of 43.18% in its Direct Plan. Source

The decision comes after Maxwell’s lawyers filed a request last week urging the court to deny the US Department of Justice’s bid to release the transcripts Source

A high sum assured term plan is a pure life insurance policy that provides a large cover amount — often ₹1 crore or more — for a fixed premium. If the policyholder dies during the policy term, the nominee receives the full sum assured. Source

The fund uses an arbitrage strategy. It mainly invests in stocks and equity derivatives to capture price differences between cash and futures markets. The portfolio also has a debt portion for liquidity and income generation. Source

President Trump aims to reduce crime in Washington, DC by deploying federal law enforcement and considering a federal takeover, citing issues of crime and homelessness. Source

Families of the victims of the recent Air India crash are demanding the immediate release of the aircraft’s flight data and cockpit voice recorders to ensure transparency in the investigation. Frustrated by delays and lack of updates, they have hired a U.S.-based aviation lawyer to push for answers and accountability. The move comes amid growing…

Landmark judgment offers relief to taxpayers in legacy disputes, clarifies interpretation of Section 54 before amendment Source

Vance said the US was hoping to secure a “negotiated settlement that the Ukrainians and Russians can live with” Source

Scams rise during the ITR season when taxpayers expect refunds. Cybercriminals know people are anxious for updates and exploit this eagerness. A little caution can protect you from losing money or sensitive information.  Source

The feature can be enabled when buying a bond or later through an investor’s portfolio on Grip’s platform. The reinvested money can be withdrawn anytime or used to buy more bonds or SDIs on Grip Invest. Source