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 …
Stock Market Updates - Angel One

India’s Restaurant Sector Can Generate 1.5 Crore Jobs by 2028 with Policy Reforms, Says NRAI VP
2 May 2025India’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
2 May 2025The 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
2 May 2025India’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
2 May 2025SEBI 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
2 May 2025According 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
2 May 2025Tesla 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
2 May 2025The 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 …

Stocks to Watch on May 2, 2025: Auto Stocks, Federal Bank, JSW Infra and More
2 May 2025Indian equities may open on a subdued note, following mixed global cues and the latest domestic data. As of 8:15 AM, GIFT Nifty suggested a neutral to mildly positive bias for the day. On April 30, the Nifty 50 ended marginally lower by 1.75 points (-0.01%) at 24,334.20, while the BSE Sensex dropped 46.14 points …

Are Banks and Stock Market (NSE and BSE) Open Today on May 1, 2025?
1 May 2025On May 1, 2025, Banks and India’s leading stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will be closed in observance of the Maharashtra Day, with all trading activities suspended for the day. Is the Stock Market Open Today? According to the official holiday calendar of the NSE and BSE, …
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