The BC Sakhi Yojana, launched by the Government of Uttar Pradesh in May 2020, is a groundbreaking initiative aimed at transforming the financial landscape of rural India. By training women as banking correspondents, the scheme bridges the gap between remote communities and formal banking services. Beyond financial inclusion, it is driving social change by empowering …
Stock Market Updates - Angel One

New CCI Rules Target E-Commerce, Q-Commerce: Flipkart, Blinkit for Predatory Pricing
8 May 2025In response to increasing concerns over predatory pricing strategies in India’s fast-growing digital retail space, the Competition Commission of India (CCI) has introduced a revised set of regulations. Effective from 7 May, the changes aim to address anti-competitive pricing tactics, especially in the e-commerce and quick commerce sectors, through an overhaul of existing cost norms …

Flipkart VP Ashish Vijayvergiya to Launch New Venture Within Company
8 May 2025Flipkart is nurturing another internal startup, this time led by Vice President and Chief of Staff Ashish Vijayvergiya, as per news reports. He is preparing to launch a new business within the Walmart-owned group, following the in-house entrepreneurship model that birthed successful ventures like PhonePe and super.money. Ashish Vijayvergiya’s Startup Plans Inside Flipkart Ashish Vijayvergiya …

Government Directs Telcos on Disaster Preparedness, Network Security, and Border Infra
8 May 2025The Department of Telecommunications (DoT) has asked all telecom operators to ensure their networks are prepared to function during disaster-level situations. This includes maintaining uninterrupted services and coordination among operators to avoid outages during emergencies. Border Infrastructure to be Prioritised Operators have been told to update their lists of critical telecom sites, especially in districts …

Amid Tariff Pause India’s Exports to the US Hit All-Time High in March 2025
8 May 2025According to the data from the United States Census Bureau, India’s goods exports to the United States reached a record $11.2 billion in March 2025, the highest monthly figure recorded between the two countries. This is a significant increase from the usual monthly average of $7.5 billion, and the first time the $10 billion mark …

SEBI to Review and Finalise Regulatory Framework for F&O on May 7
8 May 2025The capital market regulator, the Securities and Exchange Board of India’s (SEBI) Secondary Market Advisory Committee, will meet today on May 7, to finalise the next phase of reforms in the equity derivatives (Futures & Options or F&O) market. The said meeting will address key proposals aimed at enhancing risk monitoring and improving trading convenience …

Nifty Weekly Expiry Today: Manappuram Finance, RBL Bank, CDSL under F&O Ban on May 8
8 May 2025The Nifty 50 index witnessed a recovery from its intra-day low on Wednesday, May 7, 2025, ahead of its weekly expiry. The benchmark index fluctuated between 24,220.00 and 24,449.60 levels during the session. At the close, Nifty 50 saw a rise of 34.80 points closing at 24,414.40. Stocks Under F&O Ban on Nifty’s Weekly Expiry Day Ahead of the Nifty weekly …

Top Gainers and Losers on May 7, 2025: Tata Motors Gains, Asian Paints Drops
7 May 2025On May 7, 2025, Indian benchmark indices ended with slight gains amid market volatility due to recent geopolitical developments. The BSE Sensex closed at 80,746.78, up by 105.71 points (+0.13%), while the NSE Nifty 50 ended at 24,414.40, gaining 34.80 points (+0.14%). The heightened volatility came after missile strikes by the Indian armed forces on …

Campa Cola Fizz Returns: Reliance Stirs the Soda Market!
7 May 2025Asia’s richest man, Mukesh Ambani, is stirring up the Indian soft drink market, challenging the long-standing duopoly of Coca-Cola Co. and PepsiCo Inc. through a familiar strategy, price disruption. Reliance Industries Ltd, under his leadership, has brought Campa Cola back to life, a nostalgic Indian brand that once ruled the cola scene in the …

Supreme Court Discloses Assets of 21 Judges: A Step Towards Judicial Transparency
7 May 2025In a significant development for the Indian judiciary, the Supreme Court of India has made public the financial disclosures of 21 of its 33 sitting judges, including Chief Justice of India (CJI) Sanjiv Khanna. This move marks a visible shift towards transparency amid growing public demand for accountability from the nation’s top legal authorities. Timing …
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