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Rajasthan will undertake land reforms to improve its availability for green field manufacturing units, state Principal Secretary (Industries), Ajitabh Sharma told ET. Sharma said the state had received fresh proposals for renewable energy equipment and petrochemical manufacturing and investment commitments of over Rs 5.2 lakh crore ahead of the Rising Rajasthan Investment Summit. “We are coming out with policies for supporting the development of private industrial parks,” he said, adding that the state is now readying a Private Land Aggregation bill.

assembly elections in Jammu and Kashmir and Haryana. The elections in J&K will be held in three phases starting from September 20. In Haryana, the elections will be held on October 1. The results will be out on October 4 for J&K and Haryana. While many anticipated that Chief Election Commissioner Rajiv Kumar would announce the schedule for the Maharashtra elections as well, he explained why this wasn’t the case. He said, Maharashtra elections will be announced later due to security requirements for Jammu and Kashmir. «In the past, Maharashtra and Haryana Assembly elections were held together, and at that time, Jammu and Kashmir was not a factor. This year, however, we have four elections to manage initially—J&K, Haryana, Maharashtra, Jharkhand—and a fifth one shortly after in Delhi.»

With countless options available, selecting the right one can be daunting. To simplify your decision, we've curated a list of the 11 must-have wooden chopping boards that every kitchen should have. These boards offer not only exceptional performance but also add a touch of elegance to your kitchen countertop. From chopping vegetables to carving meats, these boards are designed to provide a reliable and stylish foundation for all your culinary creations.

Mutual funds were sitting with Rs 1.71 lakh crore cash allocation in July which was 4.89% of the total AUM. The net equity AUM was recorded at Rs 35 lakh crore as on July 2024. There were around 43 mutual funds in the market in the said period. Five mutual funds had more than Rs 1 lakh crore cash in their portfolio. ICICI Prudential Mutual Fund had the highest cash allocation of Rs 33,790 crore as on July 2024 which was 8.90% of the total AUM. The fund house had an equity AUM of Rs 3.45 lakh crore as on July 2024.

Reliance Industries among 3 other companies are expected to be in focus today as they have set August 19 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends.

FMCG) and consumption-related shares, with global macroeconomic volatility in the shape of weak US economic data, a declining Yen, and rising geopolitical tensions dulling the allure of growth and momentum stocks. However, money managers and analysts see limited short-term upside for FMCG stocks due to high valuations but recommend existing investors hold them for the long term. «The current outperformance of FMCG stocks can be attributed to the strengthening rural economy and investors gravitating towards defensive stocks amid global uncertainties and high valuations in many other sectors,» said George Thomas, equity fund manager at Quantum AMC.

“Allocate new money to a multi-asset allocation strategy or an equity savings fund with lower equity allocations,” says Sahil Kapoor, Head of Products & Market Strategist, DSP Mutual Fund. In an interview with ETMarkets, Kapoor said: “Retail investors should prioritize building a well-rounded portfolio that includes both equity and debt, aligning their investments with their financial goals rather than chasing short-term market trends” Edited excerpts: The market touched record highs post-budget, followed by a slight dip triggered by global cues. However, the Indian market managed to bounce back, which seems to be due to core economic strength. What are your views on this, especially considering the recent Hindenburg drama? Sahil Kapoor: Over the last two to three months, the rate of ascent in the market has been slowing down. The market is now spending more time reaching higher highs than it was earlier, indicating a shift in momentum towards consolidation.

Here's breaking down the pre-market actions:

Breakout stocks to buy or sell: Despite strong global market sentiments on the US Fed rate cut buzz, the Indian stock market remained flat on Wednesday. The Nifty 50 index finished marginally higher at 24,143, the BSE Sensex went up 149 points and closed at 79,105, whereas the Bank Nifty index went off 104 points and ended at 49,727. Cash market volumes on the NSE were 8.1 per cent lower than the previous session.

If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one

The share allotment of Saraswati Saree Depot IPO is likely to be finalised tomorrow. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.

Indian Independence Day: Since gaining independence, India has made remarkable strides in the establishment and development of educational institutions, laying the foundation for a strong and progressive nation. These institutions have not only contributed to the intellectual and cultural fabric of the country but have also positioned India as a global leader in various fields of education. Here’s a look at some of the monumental institutions that have shaped India’s educational landscape.

A federal agency says it has recommendations for improving the safety of commercial aviation including air tours and air ambulances

Investor Education and Protection Fund Authority (IEPFA) will hold outreach programmes in five key cities, introduce a new five-digit code for calls and tweak rules to expedite claim settlements, a senior official told ET. Other planned measures include a revamped interactive voice response system (IVRS) and a call centre. Securities, dividends and debentures that remain unclaimed for more than seven years are transferred by companies to the IEPFA under the corporate affairs ministry. The authority then oversees claim settlements, with the companies playing a key part in verification and other processes.

Technocraft Industries announced a Rs 130 crore share buyback at a price of Rs 4,500 on Tuesday. The record date for this buyback has been set for August 27. Following the announcement, the company’s shares surged by 10% to a day's high of Rs 3,616 on the BSE today. The buyback price represents a premium of nearly 38% over Tuesday’s closing price and will be conducted through a tender offer route.

union budget has widened the gap between PMS and MF in income tax terms, many suspect that HNI investors may be encouraged to tilt more towards mutual funds due to their tax-friendly nature. In the union budget announcement, there was an increase in capital gain tax. The short-term gains on specified financial assets was changed to 20% instead of the previous 15%. The long-term gains on all financial and non-financial assets was changed to 12.5% from 10% earlier. The difference in tax rate which earlier was 5% has been widened to 7.5% post budget announcement. “On taxes, PMS does poorly compared to MFs, which is a significant drawback. Unlike PMS, where taxes are applied even if investors do not liquidate but fund managers make changes to the portfolio, mutual funds only impose short-term or long-term capital gains on investors when they sell their units. With an average turnover ratio of 50% in PMS, there is an extra 1-2% tax obligation on total assets,” said Amar Ranu, Head-Investment Products & Insights, Anand Rathi Shares and Stock Brokers.

Siemens Ltd. rose 0.76 per cent to Rs 7021.0 in Wednesday's trade as of 01:04PM (IST) even as the benchmark Nifty ruled at 24176.85, up 37.85 points. The scrip had closed at Rs 6967.45 in the previous session. The stock quoted a 52-week low of Rs 3248.0 and a high of Rs 7974.25. The company quoted a market-cap of Rs 249996.42 crore on the BSE.

Congress on Wednesday reiterated its demand for a joint parliamentary committee into the Adani issue and alleged that the Gujarat government was helping Adani Ports to «secure a monopoly» on the state's port sector. Congress general secretary in-charge communications Jairam Ramesh said the Gujarat government grants private ports a 30-year concession period on a Build-Own-Operate-Transfer (BOOT) basis, after which ownership gets transferred to the government of Gujarat. On the basis of this model, Adani Ports currently has control over Mundra, Hazira, and Dahej ports, he said. Before the 2024 Lok Sabha Elections, Adani Ports requested the Gujarat Maritime Board (GMB) to extend this concession period by another 45 years to 75 years in total, Ramesh claimed.

salt and sugar brands, whether packaged or unpackaged, contain microplastics, according to a study published by Toxics Link, an environmental research organization. The study, titled "Microplastics in Salt and Sugar," examined 10 types of salt and five types of sugar sourced from online and local markets. The findings reveal a pervasive presence of microplastics across all samples tested, a PTI report stated.

It also formed a bearish candle on the daily chart with a long upper shadow, indicating that the sell-on-rise trend may continue.

Hindalco and Apollo Hospitals while Goldman Sachs has a sell rating on Hero Motocorp. Jefferies and Investec have a buy rating on Max Financial and Nykaa respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: