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Supreme Court on Wednesday fixed April 16 for hearing a batch of pleas challenging the appointment of the chief election commissioner (CEC) and election commissioners (EC) under the 2023 law. A bench of Justices Surya Kant and N Kotiswar Singh fixed the date for hearing the pleas after advocate Prashant Bhushan said the matter is listed at number 38 and is not likely to reach for hearing during the course of the day. Bhushan requested an urgent hearing of the matter, saying it goes to the root of democracy and the issue is covered by the 2023 Constitution bench verdict. Justice Kant said the court understands all these arguments but a lot of urgent matters are listed every day. «We will fix it on April 16, so that the matter is finally heard,» the bench said. Bhushan, appearing for petitioner NGO Association for Democratic Reforms, said the matter involved a short legal question — whether the 2023 Constitution bench verdict should be followed for the appointment of the CEC and ECs through a panel involving the prime minister, Leader of Opposition and the Chief Justice of India or the 2023 law, which excludes the CJI from the panel.

InterGlobe Aviation surged 2.33% to an intraday high of Rs 4,920.45 on the BSE in today’s trading session after the airline outlined an ambitious growth roadmap for FY30. Investor sentiment turned bullish as the company revealed strong expansion plans, including passenger growth, fleet expansion, and new international routes. IndiGo expects to carry 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also plans to add 14 new destinations in FY26, further strengthening its domestic and international network.

Ed Yardeni of Yardeni Research, says the US stock market has weakened since the middle of February as the Magnificent Seven have declined by about 15% since the beginning of the year. But other stock markets have actually done well. Germany, China. India seems to be stabilising. Money already has been going global. It has left the United States and that may continue to be the case. It is as though the stock markets are saying that the tariff situation is going to be worse for the US than for the rest of the world. But the markets are also saying that the US has been expensive What is your expectation from the Fed this time, a status quo? Ed Yardeni: Status quo. Nothing different from everybody else. The Fed has communicated that they are in no hurry to ease. I view that as a fundamentally dovish stance because the alternative would have been to say there is no hurry to do anything. In which case, the message would be rates could be here for a long time, not going up, not going down. But they have been saying over and over again that they are in no hurry to ease, so they are clearly thinking about lowering interest rates and depending on how this tariff turmoil turns out there may be a weak enough economy out there that they will ease. The problem is they may also get some inflation out of tariffs. So, they could really be boxed in and really be in no hurry to do anything for a while.

Tata Steel climbed up to 3% to Rs 159.25 on the BSE on Wednesday, driven by a broader steel sector rally. Brokerage Emkay Global said the stock is at a “point of inflection,” citing improving prospects across multiple fronts. The brokerage highlighted volume growth, a potential turnaround in its European operations, and attractive valuations as key factors supporting its bullish view. Emkay retained a ‘Buy’ rating on the stock.

renewable energy (RE) sector may soon face regulatory pressures taking cues from Europe and China to combat emerging challenges such as grid disturbances, subsidy-driven incentives, and negative energy prices, according to a report by JM Financial. The report refers to the situations arising in Western countries, including China, which is a major player in international renewable energy. «As the share of RE in the supply mix in India increases, we expect domestic policies to be influenced by global experiences in the next 3-4 years,» the report added.

Hindu festival celebrated on Phalguna Krishna Paksha Panchami, the fifth day of the waning phase of the Hindu month of Phalguna. This day comes five days after Holi and is celebrated with joy and the tradition of smearing coloured powder, much like Holi. Rang Panchami is celebrated in Maharashtra, Madhya Pradesh, and some regions of North India.

JSW Steel and SAIL among others are likely to gain attention on Wednesday, March 19, after the Directorate General of Trade Remedies (DGTR) recommended a 12% safeguard duty on the import of certain steel products. Due to this update, the shares of other steel companies like Tata Steel, Jindal Steel and Power, NMDC Steel, and Jindal Stainless may also attract investor attention.

LIC shares will be in focus on Wednesday after the state-owned insurer confirmed it is in the final stages of acquiring a stake in a health insurance company, CEO Siddhartha Mohanty said on Tuesday. Without naming the target company, Mohanty stated that discussions are at an advanced stage, and a deal is expected to be announced before March 31. «It is a natural choice for LIC to enter health insurance. Discussions are in the final stage,» Mohanty told reporters on the sidelines of the GCA25 event.

Bharat Petroleum Corporation Ltd (BPCL) shares are set to gain investor attention on Wednesday after the company announced its partnership with BluJ Aerospace and KPIT Technologies for various projects. Additionally, BPCL also informed the launch of the 'Emerge' cohort under the BPCL Ankur Fund to support startups.

On Tuesday, Gold prices surged to an all-time high, breaking the key $3,000 level internationally, while reaching a new peak of Rs 88,513/10 g on MCX.

IndusInd Bank shares will be in focus on Wednesday after Ashok Hinduja, chairman of IndusInd International Holdings Ltd (IIHL), said that the bank has not sought fresh capital from its promoters, despite a hit to its net worth due to an accounting discrepancy. IIHL, the investment arm of the Hinduja Group, recently received the Reserve Bank of India's (RBI) in-principle approval to increase its stake in IndusInd Bank from 16% to 26%.

Adani Green Energy shares will be in focus on Wednesday after five fundamental rights petitions against its wind energy projects in northeastern Sri Lanka were withdrawn. The petitions were withdrawn after the Attorney General filed a motion following Adani Green Energy's decision to cancel its wind energy projects and notify the Board of Investment.

Deven Choksey, MD, DRChoksey FinServ, says whenever the market has made a panic bottom in the past, in the following 3 months to 9 months or 12 months, some of the stocks would give a very smart recovery as high as 70-80% and as low as 25% to 30% in most of the cases. Should that particular trade hold this time around, then from the 21,800, 21,900 kind of a level which Nifty saw a few days back, market should have a recovery back to 24,200, 24,800 kind of levels. Choksey says it is time to buy the value. Some of the NBFCs, HFCs, manufacturers supplying to renewable companies and power utilities or companies in engineering R&D, have some brilliant propositions in the corrective downside. We have had an over 1,000-point recovery on Sensex from the lows. How believable and sustainable is it looking to you? Deven Choksey: The question that should be asked is why should it sustain? The most important part, technically, the market has been in an oversold situation for a long period of time and that oversold situation was continuing largely because of the constant selling by the FPIs. Now, the selling of the FPI has muted, it has come down to a greater extent, largely also because of the fact that the currency is also not depreciating.

Lucknow Super Giants on April 6 at Eden Gardens is likely to be rescheduled as the local police have not given security clearance due to Ram Navami. West Bengal BJP leader Suvendu Adhikari announced over 20,000 processions across the state during the festival, calling for higher security measures statewide. Cricket Association of Bengal (CAB) president Snehasish Ganguly confirmed that the match would be rescheduled after two discussions with the police on Tuesday. He said that the authorities «have not given the go-ahead» for the match. The police has said that they would not be able to provide adequate security making it impractical to host a crowd of over 65,000 peaoplle. The BCCI has been infome

One of his major concerns was the education system. He claimed that most students enroll in private or low-ranking colleges that charge exorbitant tuition fees while offering little academic value. Professors, according to him, put minimal effort into teaching, and the outdated curriculum fails to prepare students for real-world jobs. Many graduates find their diplomas hold little weight in the job market, leaving them with no choice but to take up low-paying survival jobs like Uber driving, warehouse labor, or retail work. Sharing his own experience, he expressed frustration over what he called a failing education system that prioritizes profit over student success.

trade for investors while China is a tactical trade. However, to maintain this investor confidence and accelerate its economic trajectory, it may be argued that India needs to undertake key reforms rather than rely on external factors.

Subscribe to enjoy similar stories. Artha India Ventures, which has bet on a range of companies including OYO, and space startup Agnikul, has raised ₹330 crore for Artha Select Fund (ASF), a follow-on investment fund focused on backing winners in its existing portfolio, a person with direct knowledge of the matter told Mint. New limited partners, or investors, in this round include Ashok Bharadia, chairman and managing director of Wallfort Financial Services, Harshal Morde, director of sales and marketing of Morde Foods, Manish Chhabra, managing director and CEO of Hygienic Research Institute Private Ltd (HRIPL), David Wilson, general partner at venture capital firm TYR Ventures, and Hira Group Family Office, among others, the person cited earlier said on the condition of anonymity.

Subscribe to enjoy similar stories. New Delhi/Mumbai: E-commerce aggregator 10Club, operated by Boxseat Ventures Pvt Ltd, is close to shutting shop, less than four years after it drew attention by raising $40 million in early-stage money in the highest seed-funding round by an Indian startup.

Subscribe to enjoy similar stories. At every dinner party, Aaron ‘Ronnie’ Chatterji, OpenAI's first chief economist, faces a typical question: “Is AI going to affect my job? What’s it going to do to the economy?" He says it's hard to give a straight answer simply because of the widely varying predictions. “Some Nobel Prize-winning economists estimate AI’s impact on GDP in the low single digits, while others expect double-digit growth.

Subscribe to enjoy similar stories. Coffee Day Enterprises Ltd (CDEL) has negotiated a ₹205-crore settlement with Ares SSG Capital Management to be paid over three years , after the National Company Law Appellate Tribunal (NCLAT) set aside bankruptcy proceedings against the operator of coffee chain Cafe Coffee Day on 27 February. A part of this settlement hinges on the coffee chain achieving certain parameters linked to higher earnings before interest, taxes, depreciation and amortization (Ebitda) over the next three years, two people familiar with the development said.

Subscribe to enjoy similar stories. The "catfish effect", named after the practice of adding catfish to tanks of cod to keep them active during transportation, describes how a strong competitor can energize a stagnant market. Tesla’s entry into India could be just the jolt the country's electric vehicle (EV) industry needs.