World

A glacial lake outburst from the Shishper Glacier triggered flash floods in Pakistan-occupied Kashmir, with officials saying it was the most severe flooding since 2018. Source

Iran will hold consultations with Armenia and Azerbaijan over the Zangezur corridor in the wake of a US brokered peace deal between the two Caucasian neighbours. Iranian’s foreign ministry said that high-level talks with Armenia and Azerbaijan will be held on August 11 and 12. Tehran has long been in talks with Yerevan and had…

As per MCX futures, silver prices climbed from ₹87,578 per kg at the start of 2025 to about ₹1.05 lakh per kg by June-end — up 20.4%. Gold rose 24.95% in the same time, but silver’s sharp June rally stood out. Source

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