Jammu and Kashmir's Chief Electoral Officer confirmed that the Ministry of Home Affairs has arranged security for the upcoming assembly elections due to existing security concerns. The elections will be conducted in three phases beginning September 18, with results declared on October 4. Extensive security measures are in place to ensure a peaceful process.
Taxi operators at Manohar International Airport in Goa are continuing their strike, demanding an end to alleged irregularities in the transport sector, removal of the Goa Miles counter, and a reduction in parking fees. The protest started on Thursday, and they await a high-level meeting promised by Chief Minister Pramod Sawant on Monday.
In Nepal, a bus accident resulted in the deaths of 27 Indian pilgrims from Maharashtra and injured 16 others. The vehicle veered off the highway and plunged into a river in central Nepal. Post-mortems are being conducted at Bharatpur Hospital, Chitwan. The bodies will be flown back to India. The cause of the crash is still under investigation. Injured occupants were airlifted to Tribhuvan University Teaching Hospital in Kathmandu.
Congress had on August 22, led by Rai staged a protest outside Raj Bhawan in Lucknow for a Joint Parliamentary Committee probe into the Hindenburg Report on Adgroup and Madhabi Puri Buch.
Workplace counselling has emerged as a critical component of employee support systems, providing a safe space for employees to discuss their concerns, seek guidance etc.
While it is always better to do it, there are some phases when it is important to de-link with what is happening to nifty and stocks in your portfolio. The reason, if one looks at the composition of the Nifty and Sensex, they can be impacted by movement in one or two sectors. At this point in time, while the overall market trend is bullish, the market is moving more into stock-specific mode, a sort of profit booking and that is why divergence between the value of the portfolio and what is happening to nifty might become a common thing. Читать дальше...
The Kerala High Court has scrutinized the state's response to the tragic Wayanad landslides, which took over 200 lives. The court highlighted the necessity for a re-evaluation of sustainable development policies, urging immediate remedial actions. A PIL was launched to collect pertinent data and public input for policy reformulation, focusing on disaster management and ecological preservation.
Defence Minister Rajnath Singh held strategic discussions with US National Security Advisor Jake Sullivan and met with US defence companies to bolster the Make in India initiative. Singh and US Defence Secretary Lloyd Austin reviewed and aimed to strengthen defence cooperation between the two countries, focusing on deeper engagements in critical and emerging technologies.
ETMarkets analysis reveals six stocks within the Nifty 500 index that have demonstrated a steady upward trend in their prices during this period.
This was supposed to be the year of the AI election. Fueled by a proliferation of AI tools such as chatbots and image generators, more than 30 tech companies have offered AI products to national, state and local U.S. political campaigns in recent months. The companies mostly smaller firms such as BHuman, VoterVoice and Poll the People make products that reorganize voter rolls and campaign emails, expand robocalls and create AI-generated likenesses of candidates that can meet and greet constituents virtually.
While the alignment of major central banks, including the Fed, on interest rate cuts has eased some investor concerns, significant uncertainties persist. The lack of clarity on the pace of future rate reductions, coupled with emerging concerns about weakening labor markets and economic growth, are contributing to this uncertainty. The focus of policymakers is shifting from combating inflation towards addressing these new economic challenges.
Maharashtra Bandh: The MVA, consisting of the Congress, Shiv Sena (UBT), and NCP, canceled their call for a bandh on August 24 in Maharashtra after the Bombay High Court's intervention. The court stated that bandhs are unconstitutional and would disrupt normal life. The MVA plans peaceful demonstrations instead, expressing disagreement with the court's decision.
An initial investment of Rs 10,000 in a specific stock four years ago would have yielded a remarkable return of Rs 1 lakh today, according to an ET Markets analysis. However, recent performance has been less stellar, with a modest 5% increase in the last six months and a 4% year-to-date decline. Despite this slowdown, analysts remain optimistic, predicting a rebound for the stock in the medium term.
Ahead of the November elections, Vice President Kamala Harris, now the Democratic nominee, has redefined the stakes, stressing personal freedoms and key issues like gun violence and reproductive rights. This shift was showcased at the Democratic National Convention in Chicago, marking a departure from President Joe Biden’s earlier emphasis on threats to democracy.
The dollar weakened as sterling hit a two-year high following Federal Reserve Chair Jerome Powell's indication of a likely U.S. interest rate cut. Powell's remarks pointed to a decreased risk of inflation and heightened concerns about employment. This expectation boosted the euro and yen, contributing to a 0.81% drop in the dollar index.
Gold prices climbed by more than 1% after Federal Reserve Chair Jerome Powell hinted at an interest rate cut in September. The rising gold prices were bolstered by a fall in the dollar and Treasury yields. Spot gold was up to $2,512.63 per ounce, and U.S. gold futures stood at $2,546.30.
Nvidia's upcoming earnings report could impact U.S. stock markets, which have recovered from recent losses. The company's stock has surged 150% this year, heavily influencing the S&P 500's performance. Investors await guidance on future AI investments to gauge market direction during a historically volatile period in September.
Following Jerome Powell's dovish comments at the Jackson Hole Symposium, U.S. stocks rallied in anticipation of a rate cut by the Federal Reserve in September. All major indexes rose, driven by gains in megacap stocks and regional banks. Powell's remarks indicated a shift towards multiple rate cuts, boosting investor sentiment.
Safaricom, which the Kenyan government owns, Britain's Vodafone and South Africa's Vodacom wrote to the Communications Authority of Kenya's director-general last month to express concerns about the granting of independent licenses to satellite internet providers.
India has launched its first reusable hybrid rocket, RHUMI-1, developed by Tamil Nadu-based start-up Space Zone India in collaboration with Martin Group. The launch took place in Thiruvidandhai, Chennai, on Saturday. The rocket, which carried three Cube Satellites and 50 PICO Satellites, was sent into a suborbital trajectory using a mobile launcher. These satellites will collect data for research on global warming and climate change.
Heavy rainfall has been predicted by the India Meteorological Department for Mumbai, Thane, Palghar, and surrounding areas in Maharashtra for the next few days. An orange alert has been issued for these regions. Citizens were advised to take precautions as the rainfall could lead to flooding in low-lying areas.
Mohit Burman, majority owner of Punjab Kings, discussed a dispute with co-owner Preity Zinta over selling part of his stake. Burman committed to legal compliance but stated no immediate selling plans. Zinta contested the sale in court, claiming a first-right-of-refusal clause, which Burman refuted.