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Earlier this month, when the Gujarat high court and Punjab and Haryana high court barred judicial officers from using artificial intelligence (AI) for drafting judgements or doing legal research, they set out a clear framework for governing AI in high-stake settings. Judges and court staff are prohibited not only from using AI to decide cases, but also from drafting orders, evaluating evidence or assisting them in judicial reasoning.The Kerala high court took a similar stance in 2025. India’s Supreme Court has also kept AI away from the sphere of legal logic.

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Strait of Hormuz."The war will be over only when Israel wants it to be over and so it will continue in some form or shape and keep crude elevated," said the UAE-based ace investor Shankar Sharma. "The Indian market is going to be in a troublesome situation and returns at the portfolio level will remain muted as they have been for the past couple of years."Brent crude has risen 33% since the outbreak of the war on 28 February, reaching $96.62 a barrel on Thursday.

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₹174 million.He held no stake in the company earlier. While the exact reasons for the purchase are not publicly known, several developments could help explain the interest.Simplex Infrastructures has shown signs of operational improvement in recent quarters.For the December quarter (Q3 FY26), the company reported revenue of ₹2,477 million, up from ₹2,298 million a year earlier.

Mumbai: In an effort to improve policyholder experience and penetration of health insurance in the country, the Insurance Regulatory and Development Authority of India (Irdai) has constituted a sub-committee of the Insurance Advisory Committee. The insurance regulator notified the establishment of the committee and its members on 2 April, and then its role and scope, as well as the issues it will address.

Tata Consultancy Services (TCS) on Thursday reported a 1.6% net-profit fall in the January-March quarter from the preceding quarter to $1.5 billion on a revenue rise of 1.5% to $7.6 billion. India’s largest software services company also reported three large deal wins worth $12 billion in contract value.

Market trends have reset as the recent rally failed to find sustained momentum. Investors remain cautious, awaiting a clear direction from TCS's upcoming earnings while persistent geopolitical conflict continues to cloud the outlook.

construction to consumer durables, aluminium’s price movements have wide-ranging implications for industry.“Caustic soda prices are highly vulnerable to energy price fluctuations, and energy remains a key variable in the current conflict scenario. Any increase in raw material prices is bound to impact user industries,” said Nirmal K.

Write to Vicky Ge Huang at [email protected] and Benoit Faucon at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

The US-Iran ceasefire, framed as a two-week conditional truce, offers relief but is less of a resolution than a pause in a fast-escalating crisis. It follows nearly 40 days of sustained US-Israeli military pressure on Iran, itself an extension of the unresolved tensions that persisted after the 2025 Iran-Israel confrontation. In that sense, this ceasefire is simply a momentary recalibration in a longer strategic contest.At its core, the arrangement reflects a transactional bargain.

Throughout this decade, India’s household savings have steadily left the safety of bank deposits to chase returns in equities. This was supposed to provide a stable pool of risk capital to entrepreneurs and act as a shock absorber against fickle hot-money inflows from overseas. The Iran war punched holes in this cheery thesis that a ceasefire may not mend.For the first time since the pandemic, individual investors were net sellers in the secondary market in the first 11 months of 2025-26.

rental income.Phoenix’s multiple business lines often move in different directions, making consolidated Ebitda less useful as a yardstick, particularly because accounting for real estate construction differs from that for retail and hotels. Investors may instead want to focus on the segment that drives the bulk of the company’s sum-of-the-parts valuation: retail leasing.According to Motilal Oswal Financial Services estimates, the retail leasing segment could post an Ebitda of about ₹2,900 crore in FY26, compared with roughly ₹400 crore from the hotel business.

₹500/tonne and ₹450/tonne to ₹5,300 and ₹4,500, respectively, barely a month after increases ₹100 and ₹50 implemented on 6 March.Markets cheered the move, interpreting it as a signal that pricing power may be returning to the ferrous cycle amid strong domestic steel demand and firm global prices.Morgan Stanley also flagged restocking activity amid rising prices. Seaborne iron-ore prices have risen about 8% since the end of February, partly aided by the West Asia war.Interestingly, brokers are divided over how profitability turned out for NMDC during Q4FY26, with Nuvama Institutional Equities estimating a 5% reduction in Ebitda per tonne, while Kotak Institutional Equities expects an 11% year-on-year increase in the metric.Against this backdrop, the latest price hike is a welcome relief, sending shares soaring this week.

including the temporary ceasefire in West Asia, have once again shown how quickly sentiment can shift once the immediate risk of escalation eases.History shows that once the contours of a geopolitical crisis become clearer, markets often stabilize and recover.Whenever geopolitical tensions escalate, investors instinctively ask: what is the worst that could happen? Could the conflict spiral into something larger, like a global confrontation? Such fears are not irrational.History offers a useful perspective. Wars, crises and geopolitical rivalries have repeatedly unsettled markets, but they have rarely derailed long-term wealth creation.During the Gulf War in 1990, global equity markets fell sharply when Iraq invaded Kuwait, and oil prices surged.

Three words uttered from Mission Control to Reid Wiseman, commander of Artemis II, perfectly capture the groundswell of emotion many of us have experienced over the past week as a team of astronauts flew beyond the previous reaches of human space travel: “Amaze. Amaze. Amaze.”That line, borrowed from the hero of the science-fiction blockbuster Project Hail Mary, came as Wiseman took in, for the first time, the full majestic scale of the moon.

₹1,000-1,500 crore through an initial public offering (IPO), two people familiar with the matter said.The company has appointed Motilal Oswal Alternates Investment Advisors, Axis Capital and Nuvama Wealth Management as bankers for the process.If it goes as planned, the company will file its draft papers for a listing by the end of this financial year, the people cited above said on the condition of anonymity.Volatile equity markets and slowing capital flows due to the US-Iran war have forced several companies to defer or recalibrate their listing timelines this year.The companies did not respond to Mint’s requests for comments,sent on Wednesday, till the time of publishing.India’s home & furnishings market, valued at $34–36 billion in 2024, is witnessing a structural shift driven by rising disposable incomes, urbanization, and growing demand for branded, design-led offerings, according to a Redseer report. The market is expected to further grow at a CAGR of 11–13%, reaching $63 billion–$71 billion by 2030.As consumers move beyond functional needs toward aesthetics, comfort, and lifestyle expression, full-stack D2C players are well-positioned to lead this transition with end-to-end integration, multi-category expansion, and omnichannel reach becoming more prevalent, the report said.The report further highlighted that the market is gradually formalising, bringing greater standardisation, improved access to quality products, and a more curated experience for consumers across price tiers and city segments.In 2023, PAG-backed Nuvama bought a minority stake worth ₹250 crore in Ozone, helping the company expand its manufacturing capacity, reinforce brand presence, and explore potential synergistic acquisitions.