Severe flooding in Pakistan's Punjab province, exacerbated by global warming, has impacted two million people, marking the region's biggest flood in history. Heavy monsoon rains have caused three rivers to reach unprecedented water levels, leading to widespread evacuations and significant damage.
Related news
In Etawah, police arrested a pet owner after an 11-year-old boy died from severe dog bite injuries. A post-mortem confirmed the boy's death was due to the dog attack, which included multiple neck wounds. Locals reported the same dog had injured two laborers previously, prompting residents to drive the dog away for safety.
The Delhi Development Authority (DDA) has launched its Premium Housing Scheme 2025, featuring an online e-auction from August 26 to September 24. This scheme offers diverse housing options, including LIG flats starting at Rs 38 lakh and HIG apartments exceeding Rs 2 crore in prime locations like Vasant Kunj and Dwarka.
The Yamuna River in Delhi has breached the danger mark due to continuous heavy rainfall, leading to waterlogging and flooding in areas like Mayur Vihar. Authorities have closed the Old Iron Bridge and are conducting rescue operations in Burari, evacuating stranded farmers. Shopkeepers in Civil Lines are taking precautions due to rising water levels.
IAEA inspectors have resumed limited operations in Iran, visiting the Bushehr nuclear facility for the first time since cooperation was suspended in June following US strikes. While this marks a partial resumption, full access to all sites, including those targeted in the attacks, remains uncertain. Discussions continue amid warnings that further actions, like snapback sanctions, could halt IAEA engagement entirely.
Indian refiners are increasing their purchases of US crude oil in August due to competitive pricing, potentially reducing the trade imbalance with the US amidst diplomatic tensions. Despite US tariffs, India remains committed to its strategic autonomy in procuring Russian crude, with plans to further increase Russian oil imports in September.
Peter Navarro has accused India of funding Russia's war in Ukraine by purchasing discounted Russian crude oil, leading to increased tariffs on Indian imports by the US. Navarro claims India's refining of Russian oil benefits Moscow and undermines its partnership with the US.
Google alerted 2.5 billion Gmail users to a critical security threat following breaches that compromised user accounts. Phishing scams tricked users into revealing login information and 2FA codes. Google recommends strong passwords, enabling 2FA, scrutinizing emails, and regularly reviewing account activity to mitigate hacking risks. A separate breach involving Google's Salesforce database was linked to ShinyHunters.
In Gorakhpur, Vishwakarma Chauhan fatally shot his wife, Mamta, in a public market on Jail Road. The incident occurred after an argument outside a photo studio where Mamta had gone.
A judge in Madhya Pradesh's Rewa district received a threatening letter demanding Rs 500 crore. The sender, claiming to be associated with a dacoit gang, threatened to kill Judicial Magistrate Mohini Bhadauria if the ransom wasn't paid by September 1.
Kotak maintains an add rating on Reliance, anticipating significant EBITDA growth and retail expansion. Nomura reaffirms its buy rating for Ather Energy, highlighting its innovative electric scooter platform. InCred, however, re-initiates coverage on Delhivery with a reduced rating, citing potential headwinds. Morgan Stanley is overweight on Torrent Power, projecting strong returns from a new thermal power plant.