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Top Gainers and Losers on May 2, 2025: Adani Ports Jumps Over 4%, JSW Steel Tanks

Top Gainers and Losers on May 2, 2025: Adani Ports Jumps Over 4%, JSW Steel Tanks

2 May 2025

Indian benchmark indices ended on a positive note on Thursday, May 2, 2025, rebounding after a mixed session earlier in the week. After a marginal dip on April 30, market sentiment improved amid firm global cues and sustained buying interest across sectors. The BSE Sensex climbed 259.75 points (0.32%) to close at 80,501.99, while the …

S&P Lowers India’s FY26 GDP Growth Forecast to 6.3% Amid US Tariff Concerns

S&P Lowers India’s FY26 GDP Growth Forecast to 6.3% Amid US Tariff Concerns

2 May 2025

In its latest report titled “Global Macro Update: Seismic Shift In US Trade Policy Will Slow World Growth,” S&P Global Ratings has revised India’s GDP growth forecast for FY2025-26 from 6.5% to 6.3%. The downgrade of 20 basis points stems from escalating uncertainty over US tariff policies and the broader repercussions these may have on …

Gratuity Calculations for Government Employees: Estimating Payout for ₹75,000 Basic Pay and 25 Years of Service

Gratuity Calculations for Government Employees: Estimating Payout for ₹75,000 Basic Pay and 25 Years of Service

2 May 2025

Gratuity is a financial reward granted by the government to its employees as a token of appreciation for their long and dedicated service. It is payable upon retirement, resignation, or death, provided the individual has completed at least five years of continuous service. For government employees, this payment is not only a mark of recognition …

NSE Launches Nifty Waves Index to Track Media and Entertainment Sector

NSE Launches Nifty Waves Index to Track Media and Entertainment Sector

2 May 2025

The National Stock Exchange of India (NSE) has unveiled a new thematic index known as the Nifty Waves Index. This strategic move is designed to reflect the performance of 43 publicly listed entities operating within the country’s diverse and rapidly evolving media and entertainment industry. Composition Reflects Sectoral Diversity The Nifty Waves Index encompasses a …

OYO Ventures into F&B with In-House Kitchens and QSR Carts

OYO Ventures into F&B with In-House Kitchens and QSR Carts

2 May 2025

According to the news reports, OYO has unveiled its plans to venture into the food and beverage (F&B) space by introducing in-house kitchens and Quick Service Restaurant (QSR) carts or lobby stores at its company-serviced hotels. With a primary focus on the Townhouse by OYO branded properties, the company aims to elevate the in-hotel dining …

CCI Approves Jubilant Beverages’ 40% Stake Buy in HCCH

CCI Approves Jubilant Beverages’ 40% Stake Buy in HCCH

2 May 2025

The Competition Commission of India (CCI) has given its nod to a multi-layered transaction involving Jubilant Beverages Limited (JBL), Jubilant BevCo Limited (BevCo), and key investors backed by Goldman Sachs.   The proposed combination involves two key steps: acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd (HCCH) by JBL and the subscription …

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 …

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