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In the world of business and technology, there are several significant announcements and changes that have caught the attention of investors and consumers alike.

In the markets, two state-owned insurance companies are expected to offer impressive dividends in the near future. One of the BSE 500 companies is planning an 800% dividend, with the record date set for next week, while another is expected to offer a 200% dividend, with the record date approaching soon. Additionally, a cigarette-making company is planning a 2:1 bonus issue, with the record date to be announced soon.

In the technology sector, Apple Inc. has made a splash in the Indian market by reducing the prices of its latest smartphones, the iPhone 16 Pro Max and iPhone 16 Pro. The price drop is substantial, and retailers are rushing to clear stock. The reduced prices for these devices are likely due to Apple's management coordinating with local market strategy teams. As a result, the iPhone 16 Pro Max and iPhone 16 Pro are now available at lower prices in India.

On the economic front, Prime Minister Narendra Modi is scheduled to meet Vladimir Putin after the SCO Summit in Tianjin. Meanwhile, in an effort to boost consumer spending ahead of Diwali, Chief Minister Rekha Gupta announced a Diwali gift for Delhi citizens: Rs 1,600 Cr GST refunds to be cleared.

In other news, the Reserve Bank of India Deputy Governor launched a walkathon to promote cybersecurity awareness. Investors looking to keep an eye on the markets should note that Reliance Industries, Adani Power, Torrent Power, BHEL, IOC, and other stocks are to be watched today on September 1.

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