World

In addition to gains, investors earned 2.5% annual interest on their gold bond holdings. This interest was paid every six months directly to their bank accounts. Source

The overhaul aims to introduce a more dynamic, risk-based and confidence-scored system for Know Your Customer (KYC) compliance across financial institutions. Source

Insurance can reduce the stress of managing hepatitis, but only if you know the terms. On World Hepatitis Day, experts say prevention, early detection, and honest disclosure are key to staying protected — both medically and financially. Source

The scheme will be open for subscription from July 29 to August 12. Investors can start with a minimum investment of ₹5,000. Source

General Asim Munir’s tenure as Pakistan army chief contrasts with General Bajwa’s crisis management, risking diplomatic solutions and causing instability. Source

The fund combines four asset classes in one product. It invests in Large Cap Equity, Mid Cap Equity, Gold, and Government Securities (G-secs). The allocation is fixed. Source

President Donald Trump announced the US will end attacks on Yemen’s Houthis as the rebels agreed to stop harassing ships in the Red Sea. Source

Under the UPS, retired employees get a structured pension payout based on their years of service. Those who have served 25 years or more receive 50% of their last 12 months’ average basic salary as pension. Source

Banks in Maharashtra, Karnataka, Gujarat, Odisha, Telangana, Tamil Nadu, Goa, and Andhra Pradesh will remain closed on August 27 in observance of Ganesh Chaturthi/ Vinayaka Chaturthi/ Varasiddhi Vinayaka Vrata. Source

Last week, Bilawal warned of bloodshed over the issue of water after India announced a raft of punitive measures against Pakistan Source