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India Declared a ‘Creator Nation’ at WAVES Summit: YouTube CEO Highlights ₹21,000 Crore Payout and ₹850 Crore Investment

India Declared a ‘Creator Nation’ at WAVES Summit: YouTube CEO Highlights ₹21,000 Crore Payout and ₹850 Crore Investment

2 May 2025

At the prestigious World Audio Visual & Entertainment Summit (WAVES) held in Mumbai, YouTube CEO Neal Mohan made a powerful statement about India’s rising influence in the digital content landscape. Declaring India a “creator nation,” he acknowledged the country’s massive footprint in the global creator economy. With over 100 million Indian channels uploading content on …

SEBI Cautions Investors on Opinion Trading Platforms Operating Outside Legal Framework

SEBI Cautions Investors on Opinion Trading Platforms Operating Outside Legal Framework

2 May 2025

In a recent move to protect retail investors, the Securities and Exchange Board of India (SEBI) has cautioned the public against participating in so-called opinion trading platforms. According to SEBI’s official statement, these platforms fall outside the purview of regulated securities markets and do not offer any form of legal or investor protection. How Opinion …

India’s Luxury Retail Market Surges 90% in Q1 2025 as Global Brands Expand Presence

India’s Luxury Retail Market Surges 90% in Q1 2025 as Global Brands Expand Presence

2 May 2025

India’s luxury retail landscape is undergoing a remarkable transformation. In Q1 2025 alone, leasing activity in the luxury and bridge-to-luxury segment grew by a staggering 90% compared to the same period last year. Leasing by luxury brands touched 1,80,000 square feet, underlining a sharp rise in demand from global and domestic players alike, all eager …

India’s Restaurant Sector Can Generate 1.5 Crore Jobs by 2028 with Policy Reforms, Says NRAI VP

India’s Restaurant Sector Can Generate 1.5 Crore Jobs by 2028 with Policy Reforms, Says NRAI VP

2 May 2025

India’s restaurant sector, which currently employs approximately 85 lakh people, has the potential to generate employment for 1.5 crore individuals by 2028.  This optimistic projection comes from Mr Zorawar Kalra, Vice President of the National Restaurant Association of India (NRAI), who believes that the right policy support could unlock significant growth and employment opportunities for …

NPS Accounts to Be Closed If Indian Citizenship Is Given Up Without OCI Card

NPS Accounts to Be Closed If Indian Citizenship Is Given Up Without OCI Card

2 May 2025

The National Pension System (NPS), regulated by the Pension Fund Regulatory and Development Authority (PFRDA), is open to Indian citizens aged 18 to 70 years. This includes resident Indians, Non-Resident Indians (NRIs), and Overseas Citizen of India (OCI) cardholders under specific conditions. The scheme enables long-term retirement savings through systematic contributions and tax-efficient returns. New …

India’s Exports Reach Historic High of $825 Billion in FY2024-25

India’s Exports Reach Historic High of $825 Billion in FY2024-25

2 May 2025

India’s exports of goods and services reached an unprecedented $824.9 billion in the fiscal year 2024-25, according to data released by the Commerce Ministry.  This milestone was primarily driven by a significant rise in services exports, even as global trade faced challenges. The revised figures follow the Reserve Bank of India’s (RBI) release of the …

SEBI Chief Rejects F&O Aptitude Test for Retail Investors

SEBI Chief Rejects F&O Aptitude Test for Retail Investors

2 May 2025

SEBI Chairperson Tuhin Kanta Pandey has ruled out the introduction of any aptitude test for retail investors entering the Futures and Options (F&O) market, as per the news reports. He said such a requirement would be difficult to implement and could amount to regulatory overreach. Background: 90% of Retail F&O Traders Reported Losses In November …

India Imposes 20% Export Duty on Parboiled and Milled Rice to Ensure Food Safety

India Imposes 20% Export Duty on Parboiled and Milled Rice to Ensure Food Safety

2 May 2025

According to the Financial Express Report, the Ministry of Finance has imposed a 20% export duty on parboiled rice and certain milled rice varieties. The decision is applicable from May 1, 2025. According to the government circular, the duty applies to parboiled rice (including both GI-tagged and other types) and rice classified as “Other Rice” …

Tesla Rejects Report of Board Seeking Elon Musk Replacement

Tesla Rejects Report of Board Seeking Elon Musk Replacement

2 May 2025

Tesla has denied claims that its board is searching for a replacement for CEO Elon Musk. A report by The Wall Street Journal stated that board members had approached executive search firms in March to discuss potential successors.  In response, Tesla Chair Robyn Denholm released a statement on X, calling the report “absolutely false” and …

SEBI Proposes Mandatory Demat Holding for Certain Shareholders Before IPO Filing

SEBI Proposes Mandatory Demat Holding for Certain Shareholders Before IPO Filing

2 May 2025

The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing that select existing shareholders must hold shares in dematerialised form before a company files its draft offer document for an Initial Public Offering (IPO). This proposal is an expansion of the current regulatory requirements under SEBI’s Issue of Capital and Disclosure …

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