Assembly Elections 2026 Live: Kerala’s voter surge hits 40%, Assam, Puducherry march ahead

Assembly Elections 2026 Live: Kerala’s voter surge hits 40%, Assam, Puducherry march ahead


Women Lead the Way: People waiting to cast their votes at Immaculate Heart of Mary Girls Higher Secondary School in Puducherry on Thursday
| Photo Credit:
RAGU R

ssembly Elections Voting LIVE Updates: Kerala, Assam, and Pondicherry went to the polls on Thursday, April 9, 2026, in a single-phase assembly election. Voting began at 7 am and will continue until 5 pm., with results scheduled for May 4.

In Assam, 126 seats are up for grabs as the BJP seeks a third consecutive term. Kerala’s 140 constituencies see a three-way contest among the CPI(M)-led LDF, Congress-led UDF, and BJP-led NDA. Puducherry is voting for 30 seats, where the AINRC-led coalition with Chief Minister N. Rangasamy, backed by the BJP, currently governs.

Also Read: Tempers flare, stakes soar as Assam, Kerala, Puducherry head to polls

Prime Minister Narendra Modi on Thursday appealed to the people of Assam, Kerala and Puducherry to exercise their franchise in large numbers in the assembly elections in the two states and the Union Territory.

In separate messages in English, besides Assamese, Malayalam and Tamil — the regional languages of Assam, Kerala and Puducherry respectively — PM Modi particularly requested the youth and the women to step forward and vote in large numbers.

Elections 2026: Voter turnout at 11 am

General Election

  • Assam – 38.88%
  • Keralam – 33.28%
  • Puducherry – 37.06%

By-election

  • Bagalkot – 27.83%
  • Davanagere South – 22.01%
  • Koridang – 41.06%
  • Dharmanagar – 33.51%

(Source: ECI)

  • April 9, 2026 12:55

    Kerala Elections 2026: Prominent leaders, candidates arrive early at polling booths across Kerala

  • April 9, 2026 12:54

    Assam Elections 2026: People voting in Assam to save democracy from fascist govt, claims Akhil Gogoi

    Raijor Dal president Akhil Gogoi on Thursday claimed that the people of Assam were voting to save democracy from the “fascist BJP government”.

    Gogoi, who is seeking re-election from the Sibsagar seat, claimed people of the state were turning up at polling booths in large numbers to change the government.

    “We are facing an undemocratic government. It is a fascist government. The CM is a fascist,” he alleged, speaking to reporters after casting his vote.

    “The BJP has done a lot of notorious things during its tenure. This time, the opposition will win comfortably and form the government,” he claimed.

    The Raijor Dal chief asserted that he would win the Sibsagar seat by over 50,000 votes. (PTI)

  • April 9, 2026 12:48

    Kerala Elections 2026: Congress MP Shashi Tharoor votes in Thiruvananthapuram

    High voter turnout recorded thus far shows the people of Kerala want change, says Congress MP Shashi Tharoor after voting in Thiruvananthapuram.

    businessline on Instagram: “Kerala polls: High voter turnout recorded thus far shows the people of Kerala want change, says Congress MP Shashi Tharoor after voting in Thiruvananthapuram.

    Video: PTI”

    2 likes, 0 comments – hindu_businessline on April 8, 2026: “Kerala polls: High voter turnout recorded thus far shows the people of Kerala want change, says Congress MP Shashi Tharoor after voting in Thiruvananthapuram.

    Video: PTI”.

  • April 9, 2026 12:47

    Kerala Elections 2026: High turnout in Kannur where CPI(M) faces internal dissidence

    Voters turn in their droves in constituencies in Kannur district, a CPI(M) bastion in Kerala, where the party is facing serious dissidence at the highest levels.

  • April 9, 2026 12:44

    Kerala Polls 2026: BJP workers protest alleged duplicate voting in Wadakkanchery

    In Wadakkanchery consistuency in Thrissur, BJP workers protest after a returning officer says the vote of a cadre has been registered already.

    The constituency had witnessed a controversy after provision kits were allegedly supplied to potential voters a day ago to curry their favour.

  • April 9, 2026 12:42

    Kerala Election 2026: CM Pinarayi Vijayan casts vote, confident of bigger LDF win

    Kerala Chief Minister Pinarayi Vijayan expressed confidence that the ruling Left Democratic Front (LDF) would secure a bigger victory in the Assembly elections after casting his vote at a polling booth in Pinarayi, Kannur. He described the elections as crucial for the State’s future.

    Vijayan said Kerala is on a strong trajectory toward becoming a developed State, highlighting achievements across sectors that, according to him, must continue without interruption. He asserted that even those opposed to the National Democratic Alliance (NDA) favour development and believe the LDF is best positioned to carry the State forward with committed and efficient governance.

    He also claimed that Kerala remains the “least corrupt” State in the country, attributing this to the political culture upheld by the LDF.

  • April 9, 2026 12:38

    Kerala Elections 2026: Long queues continue as Kerala polls cross 41% at noon

    Largely peaceful voting with long queues sustains even after the peak window of 9 am to 11 am in many parts of Kerala.

    Polling at 41.1 percentage in Kerala at 12 am, and rising.

  • April 9, 2026 12:35

    Assam records 38.9% voter turnout so far; Keralam at 33.2%, Puducherry at 37%

    Assam records 38.9% voter turnout so far; Keralam at 33.2%, Puducherry at 37%

    Assam leads voter turnout at 38.9%, followed by Puducherry at 37% and Keralam at 33.2% in ongoing elections.

  • April 9, 2026 12:10

    Kerala Opposition Leader VD Satheesan confident of UDF return with 100+ seats

    V. D. Satheesan, Leader of the Opposition in Kerala, has expressed strong confidence that the Congress-led UDF will return to power with over 100 seats in the Assembly elections, citing encouraging polling trends across the state.

    He pointed to national survey findings and his extensive visits to constituencies in recent months as indicators of growing public support for the UDF. According to him, the prevailing public sentiment is clearly in favour of a change in government.

    Satheesan also noted that the long queues witnessed at polling booths reflect a positive democratic trend, highlighting the political awareness among voters. He said people are carefully evaluating the performance of both the ruling government and the opposition, and are casting their votes based on informed judgment.

  • April 9, 2026 12:08

    Kerala nears 40% turnout in five hours, eyes beating 2021 record

    Kerala braces to cross 40 per cent in five hours. Parties expect at this rate it could go likely beyond the 75.75 per cent overall in 2021 polls.

  • April 9, 2026 12:06

    Free Uber ride helps first-time voters cast ballots in Kerala

    Free Uber ride helps first-time voters cast ballots in Kerala

    Uber offers free rides for first-time voters in Kerala to encourage participation in the Assembly elections.

  • April 9, 2026 12:05

    Puducherry Elections 2026: Turnout crosses 37% by 11 am

    Voting began on a strong note in the Union Territory of Puducherry, with voter turnout reaching 17.43 per cent by 9 am and rising sharply to 37.05 per cent by 11 am, according to the Election Commission of India.

    Read the full story here

  • April 9, 2026 12:03

    Kerala Assembly Election 2026: Suresh Gopi votes!

    Union Minister Suresh Gopi after casting his vote in Kerala’s Guruvayur assembly.Watch here

  • April 9, 2026 12:02

    Union Minister Sarbananda Sonowal, said, “People are happily participating in this election”.

  • April 9, 2026 12:00

    Kerala Elections 2026: Ink issues and premature voting allegations surface

    Kerala is reporting instances in which the indelible ink has not been applied or has dried up soon after voting. These have been complained against, and officials are looking into it. 

    At least one aged voter complained to officials that his vote had been polled in advance. This happened in Malampuzha constituency in Palakkad district.

  • April 9, 2026 11:55

    Free Uber ride helps first-time voters cast ballots in Kerala

    For twin sisters Anagha Menon and Anuja Menon in Kochi, this Assembly election came with an unexpected perk — a free Uber ride to their polling station.

    The 22-year-old first-time voters in Assembly polls made the most of the opportunity, booking an Uber Auto from their residence to cast their vote at the polling booth set up at SRV LP School. Calling the initiative attractive, they expressed hope that similar facilities would be extended in future elections as well.

    The rides are free for up to 2 km from the pickup point. For distances beyond that, voters are required to pay the standard fare for the additional distance.

  • April 9, 2026 11:49

    Kerala Assembly Elections 2026: Traditionally laid-back urban Kerala sees surge in early voting

    More than half of voters polled in 2021 have exercised their franchise by 11 am in the traditionally laid back urban pockets in Thiruvananthapuram. This is seen as a big change, though fueled mainly by distilled voter lists post-SIR.

  • April 9, 2026 11:45

    Senior Congress leader AK Antony says, It is more than a UDF wave; it is anti-Pinarayi wave, anti-LDF wave

  • April 9, 2026 11:40

    Polling brisk in Puducherry as turnout crosses 37% by 11 am

    Voting began on a strong note in the Union Territory of Puducherry, with voter turnout reaching 17.43 per cent by 9 am and rising sharply to 37.05 per cent by 11 am, according to the Election Commission of India.

    Polling is underway for all 30 Assembly seats in the Union Territory, currently governed by a coalition led by the All India N. R. Congress under Chief Minister N. Rangasamy, with support from the Bharatiya Janata Party.

  • April 9, 2026 11:22

    Kerala Assembly Elections in Pictures

    KOCHI;Kerala;09/04/2026: Queue of voters waiting to cast their ballots at Little Flower UP School, Kaloor North, on Thursday.| Photo Credit: R.K.Nithin

    KOCHI;Kerala;09/04/2026: Long queue of voters waiting to cast their ballots at the polling booth set up at Kongorpilly Government Higher Secondary School,kalamassery on Thursday.| Photo Credit: R.K.Nithin

  • April 9, 2026 11:19

    Kerala crosses the 30 per cent threshold, and is now clocking 32.78 per cent polling.

  • April 9, 2026 11:19

    Kerala polls 2026: Frenzy morning turnout in Kerala gets a lift from Uber

    Many takers in Thiruvananthapuram for Uber ride. Akhil Kunjumon, a Uber autorickshaw driver says he hosted at least four guests so far, including a senior woman voter and three youngsters across three main seats in the city. 

    He says the offer is 50 per cent of fare to the customer, with the driver getting 10 per cent. But none of them was offered ‘halwa’ as far as he can attest.

  • April 9, 2026 11:15

    Long queues reflect ‘desire for change’, says K Muraleedharan

  • April 9, 2026 11:13

    Kerala Poll Update: Voter turnout hits 29.9%, brisk polling continues

    Kerala files away to 29.9 per cent polling, about to breach 30 per cent at the end of four hours since 7 am.

  • April 9, 2026 11:10

    Assam Elections 2026: CM Himanta Biswa Sarma seeks Maa Kamakhya’s darshan ahead of voting

    CM Himanta Biswa Sarma offers prayers at Maa Kamakhya Temple, says, “There is election in Assam today. I was fortunate to get Maa Kamakhya’s darshan today. I prayed for welfare of people of Assam.”Watch his post-prayer press meet here.

  • April 9, 2026 11:05

    Kerala Elections 2026: Voter flies in from US to “save citizenship” by voting

    There appears to have been cases where voters have rushed in from abroad to exercise franchise to ‘save their citizenship.’ 

    In Thiruvananthapuram, Jessy, a single parent with a son and daughter settled in the US, flew in to do just that. Asked to explain, she said she was influenced by social media campaigns to the effect that her citizenship could get annulled post-SIR, if she did not come here this time and vote.

  • April 9, 2026 11:02

    BJP’s Anil Antony cast his vote in Thiruvananthapuram, calls Keralam polls ‘decisive’

    Bharatiya Janata Party (BJP) leader Anil K Antony on Thursday cast his vote in Thiruvananthapuram as voting is underway in the state for the assembly election.

    He said, “This election is going to be one of those decisive elections in Keralam’s history…After this election, you will see BJP emerge as a prominent pole in Keralam.” (ANI)

  • April 9, 2026 11:01

    Puducherry Elections 2026: CM Rangaswamy arrives in style

    Puducherry CM Rangaswamy’s two‑wheeler entry steals the show at polling booth, becomes a viral moment.Watch his entry here

  • April 9, 2026 10:55

    Kerala Poll Watch: Will morning momentum sustain beyond 11 am?

    It remains to be seen whether the brisk polling can sustain after the usually peak morning window of 9 am to 11 am. Cloudy conditions may allow it to some extent in Thiruvananthapuram and Ernakulam, though it remains sultry and humid in the two cities.

  • April 9, 2026 10:46

    Nitish Kumar to quit as Bihar CM, say sources

    Meanwhile in Bihar, reports coming in that Nitish Kumar to quit as Bihar CM on April 14. And new CM to be sworn in on April 15th or 16th. Nitish to fly to Delhi this afternoon. He is expected to take Rajya Sabha oath on April 10th.

  • April 9, 2026 10:43

    Kerala Assembly Elections: Ernakulam leads with 21% voting, three hours in

    Ernakulam district the first in Kerala to cross 21 per cent of polling at the end of three and hours since the exercise began at 7 am.

  • April 9, 2026 10:41

    Assam Elections 2026: Congress chief Gaurav Gogoi votes in Jorhat

    Assam Congress President Gaurav Gogoi, contesting for the Jorhat Assembly seat, casts his vote amidst tight security .

  • April 9, 2026 10:38

    Assam Polls: Himanta Biswa Sarma, chief minister of Assam, along with his wife and family visited Kamakhya temple to seek blessings.

    After praying at Kamakhya Temple, Himanta Biswas says it was important to seek blessings on the election day. He is contesting from Jalukbari constituency and after Kamakhya visit, he is reportedly proceeding to Maa Manasa temple before casting his vote.

  • April 9, 2026 10:37

    Kerala Assembly Elections 2026: Thrissur polling gets boost from student ‘special police officers’

    Thrissur is generally known for orderly polling. However, in a polling booth in the city, ‘special police officers’ were on duty lending a hand to the election officials, assisting the elderly and clarifying voter queries. An election official said “deployment of these student officers is a first across constituencies”. As a key security measure, special CCTV webcasting devices have also been installed.

    WhatsApp Image 2026-04-09 at 10.31.05 AM.jpeg

  • April 9, 2026 10:36

    Actor Mammootty arrives at polling booth to cast his vote

  • April 9, 2026 10:33

    Assam Polls 2026: Senior citizens turn out early in Assam polls to vote

    Women and senior citizens were early to turn up.

    WhatsApp Image 2026-04-09 at 10.25.34 AM.jpeg

    Pic Credit: Ritu Raj Konwar

  • April 9, 2026 10:31

    Kerala Assembly Polls: Absolute votes take center stage in post-SIR poll analysis

    Post-SIR, rather than polling percentage, it will be the absolute number of votes that would decide the ultimate trend of voting, according to observers.

  • April 9, 2026 10:30

    BJP’s star candidates: R Sreelekha and Rajeev Chandrasekhar in Focus

    WhatsApp Image 2026-04-09 at 10.23.18 AM.jpeg

  • April 9, 2026 10:26

    Kerala CM ‘anti-people’, says KC Venugopal

  • April 9, 2026 10:24

    Keralam Assembly elections: Over 16% voter turnout recorded till 9 am

    Keralam Assembly elections: Over 16% voter turnout recorded till 9 am

    Keralam Assembly elections report over 16% voter turnout by 9 am, with Thripunithura leading at 20.59%.

  • April 9, 2026 10:23

    Kerala Assembly Elections 2026: Ramesh Chennithala spots UDF wave, bids ‘goodbye’ to Pinarayi-led LDF

    Senior Congress leader Ramesh Chennithala finds a ‘wave’ favoring Congress-led UDF in polling so far in Kerala, and proceeds to ‘bid goodbye’ to Chief Minister Pinarayi Vijayan and ruling LDF.

    Kochi Kerala 23/03/2026. Congress leader Ramesh Chennithala Press conference at Ernakulam District Congress Committee office in Kochi.
    Photo By H Vibhu.

  • April 9, 2026 10:19

    Kerala Assembly Elections 2026: Brisk morning polls push Kerala turnout to 20.2%

    Kerala as a whole records 20.2 per cent after three hours of polling in what observers says is brisk polling.

  • April 9, 2026 10:18

    Assam Assembly Election 2026: Assam sees strong voter turnout in key districts

    businessline on Instagram: “In the high-stakes election, the ruling BJP is aiming for a third consecutive term in office, while the Congress seeks to wrest power after being ousted in 2016.

    Polling, being held in a single phase, began at 7 am and will conclude at 5 pm. Long queues of voters were seen outside polling stations from early morning.

    An electorate of 2.50 crore, including 1.25 crore women and 318 from the third gender, can exercise their franchise in 31,490 polling stations across the state.

    Video: Special arrangement

    [Voting, Assam Assembly polls, India, Election Commission]”

    7 likes, 0 comments – hindu_businessline on April 8, 2026: “In the high-stakes election, the ruling BJP is aiming for a third consecutive term in office, while the Congress seeks to wrest power after being ousted in 2016.

    Polling, being held in a single phase, began at 7 am and will conclude at 5 pm. Long queues of voters were seen outside polling stations from early morning.

    An electorate of 2.50 crore, including 1.25 crore women and 318 from the third gender, can exercise their franchise in 31,490 polling stations across the state.

    Video: Special arrangement

    [Voting, Assam Assembly polls, India, Election Commission]”.

  • April 9, 2026 10:13

    Kerala polls 2026: Early birds make their mark in Ernakulam recording 20% polling at 10 am

    A number of seats in Ernakulam district record 20 per cent polling and above at 10 am. Many seats where the BJP hopes to make a mark also register brisk polling, especially in Thiruvananthapuram district.

  • April 9, 2026 10:06

    Keralam Elections: “This election will decide the future of the state; everyone, including our rivals, Kerala must prosper at the same pace”, says Pinarayi Vijayan

  • April 9, 2026 10:01

    Assam Elections: AGP MP Phani Bhusan Choudhury says, “The election process is going on. There may be minor issues, which are common in elections, but overall, voting is taking place peacefully.”

  • April 9, 2026 09:57

    Keralam’s Leader of Opposition VD Satheesan casts his vote

  • April 9, 2026 09:56

    Assam polls: Voting underway in Guwahati

    People show their voting cards as they wait in a queue to cast their votes during the Assam Assembly elections, at a polling station, in Guwahati.

    Guwahati: People show their voting cards as they wait in a queue to cast their votes during the Assam Assembly elections, at a polling station, in Guwahati, Thursday, April 9, 2026. (PTI Photo) (PTI04_09_2026_000023A)

  • April 9, 2026 09:55

    Keralam Assembly elections LIVE | CPM General Secretary MA Baby casts his vote in Thiruvananthapuram

  • April 9, 2026 09:53

    Is SIR an incentive to vote this time? Yes, according to some voters in Thiruvananthapuram

    What the SIR has come up with are only’real’ voters ‘with a face.’ Coupled with the prospect of strong multi-cornered contests, many of them have been only eager to come out and exercise their franchise. 

    This explains the spirit with which urban voters are coming out to vote in traditional laggard seats in Thiruvananthapuram, they add.

  • April 9, 2026 09:52

    Assam Assembly Elections: Rain or shine, voters queued up to exercise their franchise in Assam polls

    businessline on Instagram: “Raining heavily in Hojai, Assam and yet rain has not dampened the spirit of voters who have turned out in big numbers early morning with umbrellas . Shiladitya Dev of BJP pitted against Jhili Chowdhury of INC in the constituency.

    It’s begun to rain in Guwahati as well. Will rain dampen spirit or will voters brave the elements in the city is the question?

    Video: @riturajkonwar_thehindu”

    14 likes, 0 comments – hindu_businessline on April 8, 2026: “Raining heavily in Hojai, Assam and yet rain has not dampened the spirit of voters who have turned out in big numbers early morning with umbrellas . Shiladitya Dev of BJP pitted against Jhili Chowdhury of INC in the constituency.

    It’s begun to rain in Guwahati as well. Will rain dampen spirit or will voters brave the elements in the city is the question?

    Video: @riturajkonwar_thehindu”.

  • April 9, 2026 09:44

    The change is palpable in Assam in this 2026 Assembly election, says Congress President Mallikarjun Kharge

  • April 9, 2026 09:42

    Keralam Assembly Elections: False and communal propaganda can’t defeat LDF, says Pinarayi Vijayan

    Keralam Chief Minister Pinarayi Vijayan on Thursday expressed confidence in the Left Democratic Front (LDF)’s victory in the 2026 Assembly elections, saying that the public trusts the ruling alliance.Speaking to reporters after casting his vote in Kannur, Vijayan said that “false and communal propaganda” cannot defeat the LDF.(ANI)

  • April 9, 2026 09:41

    ‘Day to determine your rights’: Jharkhand CM appeals to people of Assam to vote

    Appealing to the people of Assam to cast their votes, Jharkhand CM Hemant Soren on Thursday said it was a day to determine their rights, their dignity, and their future.

    Soren’s Jharkhand Mukti Morcha is contesting on 16 seats in Assam’s 126-member assembly.

    “The struggle will succeed… Today, the sacred festival of democracy is being celebrated in Assam. This is not just voting, but a day to determine your rights, your dignity, and your future,” Soren said in a social media post.

    “I appeal to all voters, including the exploited and deprived sections of society from Assam’s revolutionary land, to actively exercise your franchise,” he said.(PTI)

  • April 9, 2026 09:39

    Kerala Assembly Polls: Free Uber, sweet halwa… but where’s Gen Z at the polls?

    Not many Gen Z voters appear to come out and partake of the Election Commission’s offer of ‘halwa’ or a free Uber ride to polling stations.

  • April 9, 2026 09:33

    Keralam Assembly Elections 2026: Congress MP predicts 100-seat UDF win in Kerala

  • April 9, 2026 09:30

    Puducherry Assembly Polls: Meet Nila, the saree-clad humanoid welcoming voters in Puducherry

    A humanoid robot named “Nila”, dressed in a saree, greeted voters arriving at the VOC Government School polling station in PuducherryWatch here:

  • April 9, 2026 09:28

    Prominent leaders, candidates arrive early at polling booths in Kerala

    Prominent personalities and candidates reached polling booths even before the voting process commenced across Kerala on Thursday morning.

    Over 2.71 crore voters are set to exercise their franchise to elect a new government in the state.

    Chief Minister Pinarayi Vijayan, along with his wife, daughter and son, walked to the polling booth at RC Amala Basic UP School in Pinarayi in Kannur district at around 8 am on Thursday.

    He was accompanied by party leaders.

    Describing the election as decisive, Vijayan said it would determine the future of Kerala as the state is moving towards becoming a developed state.

    “We have been able to achieve development and it should continue. It should not be disrupted and people desire its continuation,” he told reporters.

    He said people across the state, including those opposing the LDF, are interested in Kerala’s development and believe that only the Left front can take the state forward in a dedicated manner.

    “We have low corruption, and people know that no other front can achieve this. The last 10 years have witnessed wide-ranging development, and the LDF was behind it. People strongly believe that for this development to continue, the LDF should remain in power,” he said.

    He said attempts to spread fake narratives would not yield results.

    “We trust the people, and they trust us. We have travelled with the people in the last 10 years, and that journey continues,” he added.

    Referring to past elections, Vijayan said the mandate in 2019, which gave the LDF more seats than in 2016, was a recognition of its work. (PTI)

  • April 9, 2026 09:27

    CM Pinarayi Vijayan interacts with the media after casting his vote at Dharmadom, Kannur.

  • April 9, 2026 09:27

    Kerala Assembly Elections 2026: Polling Update

    17.23% polling in Nemom where Rajeev Chandrasekhar of NDA is standing from. He is the state president of the BJP.

  • April 9, 2026 09:26

    Kerala Assembly Elections: Polling Update

    Polling crosses 16% in Kerala as pace picks up remarkably in the last 30 minutes or so

  • April 9, 2026 09:24

    Actor and Palakkad UDF candidate Ramesh Pisharody casts his vote in Kochi.

  • April 9, 2026 09:24

    Kerala Assembly Polls 2026: Congress MP KC Venugopal casts his vote at Higher Secondary School, Thiruvampady

  • April 9, 2026 09:23

    Kerala Assembly Elections: Urban Thiruvananthapuram wakes up

    Urban voters in Thiruvananthapuram appear to shed their traditional complacency and come out in large numbers after two hours of polling. This is indicative of strong multi-cornered contests in the district with NDA upping the ante, observers say.

  • April 9, 2026 09:22

    Assembly polls: Voting begins in Puducherry amid tight security

    Voting for the Assembly election commenced amid tight security across the union territory of Puducherry on Thursday with 9.50 lakh voters set to decide the electoral fortunes of the ruling NDA, determined to retain power and the opposition INDIA bloc, which is steadfast in its aim to win polls and assume power.

    Voters lined up enthusiastically before the polling stations in Puducherry, and in its enclaves of Karaikal, Mahe and Yanam to exercise their franchise. Polling began at 7 am and it is set to go on till 6 pm.

    Read more here

  • April 9, 2026 09:22

    Puducherry Elections 2026: Former CM V Narayanasamy casts vote, says INDIA alliance set to form govt

    Congress leader and former Puducherry CM V Narayanasamy casts his vote at a polling booth in Mission Street. He says, “The poll poll started now. We’ll be knowing the trend only after 1 am. But the I contacted various constituencies, our candidates, our our workers, the situation is very good. The INDIA alliance will form the government in Puducherry. I request the people of Puducherry, come and vote and vote for vote in the election. They should exercise their democratic right and 100 per cent voting should be ensured by the people of Puducherry.”

  • April 9, 2026 09:16

    Polling so far ‘moderate’ in Kerala

  • April 9, 2026 09:15

    Next two hours crucial—wave or stalemate in Kerala?

    Next two hours will decide if there is a ‘wave’ in Kerala to support Opposition UDF’s claims of a landslide win, and ruling LDF’s expectations of return for a third term.

  • April 9, 2026 09:14

    Assam Assembly Elections 2026

    Age no Barrier!

    Guwahati: An elderly woman shows her ink-marked finger after casting vote during the Assam Assembly elections, at a polling station, in Guwahati, Thursday, April 9, 2026. (PTI Photo) (PTI04_09_2026_000019A)

  • April 9, 2026 09:10

    Kerala Assembly Elections: Thiruvananthapuram and Thrissur districts record highest polling at 10.8 per cent in largely peaceful polling in Kerala during first two hours.

  • April 9, 2026 09:09

    Keralam Assembly elections 2026: Union Minister Suresh Gopi casts vote in Guruvayur, urges voters to decide “diligently and intelligently”

  • April 9, 2026 09:08

    Assam Election 2026: “Be the change” — Kunki Chowdhury urges youth after casting her vote

    AJP candidate from Guwhati Central seat Kunki Chowdhury after casting her vote, says, “It is amazing that I have got this opportunity to contest elections from a very prestigious constituency and I am awaiting people to come out and vote. It feels good that young candidates have come out to change the system and we have to become a part of the system if we want to bring a real change.”

  • April 9, 2026 09:07

    Union Minister George Kurian casts vote in Kottayam, says “NDA expecting great mandate”

    Union Minister and National Democratic Alliance’s Kanjirapally candidate George Kurian on Thursday expressed confidence in achieving a “great mandate” in the Keralam assembly polls.

    Kurian, who cast his vote at a polling station in Kottayam Kanakkary Government Higher Secondary School, stated that the NDA leaders have requested the people to vote in favour of the alliance.(ANI)

  • April 9, 2026 09:07

    Kerala Elections 2026: Actor and Palakkad UDF candidate Ramesh Pisharody casts his vote in Kochi

  • April 9, 2026 09:06

    Kerala Elections 2026: Hibi Eden votes in Ernakulam, urges youth turnout

    Kerala Elections 2026: Congress MP Hibi Eden casts his vote in Ernakulam, urging youngsters to cast their vote, he says, “the politically aware people of Kerala will vote for the UDF, there is anti-incumbency against the LDF.”

  • April 9, 2026 09:05

    Kerala Elections 2026: BJP state president and Nemom assembly candidate Rajeev Chandrasekhar votes

    BJP state president and Nemom assembly candidate, Rajeev Chandrasekhar shows the voter mark after casting his vote for the Kerala State assembly elections at Jawahar Nagar LP School, in Thiruvananthapuram on Thursday.

    THIRUVANANTHAPURAM, KERALA, 9th April, 2026. BJP state president and Nemom assembly candidate, Rajeev Chandrasekhar shows the voter mark after casting his vote for the Kerala State assembly elections at Jawahar Nagar LP School, in Thiruvananthapuram on Thursday. PHOTO: NIRMAL HARINDRAN / THE HINDU

    PHOTO: NIRMAL HARINDRAN / THE HINDU

  • April 9, 2026 09:04

    Keralam CM Pinarayi Vijayan casts vote for Assembly polls in Kannur

    Keralam CM Pinarayi Vijayan casts vote for Assembly polls in Kannur

    Keralam CM Pinarayi Vijayan votes in Kannur, aiming for a historic third term amid a competitive Assembly election.

  • April 9, 2026 09:02

    Keralam Elections: Mohanlal arrives at a polling station in Mudavanmugal, Thiruvananthapuram to cast his vote

  • April 9, 2026 09:01

    Kerala Assembly elections: Polling crosses 10% mark in many seats in Kerala after two hours.

    Voting reached 10.6% after two hours in Kerala as long queues form at many places.

  • April 9, 2026 09:00

    ‘Vote for change’: Keralam BJP chief Rajeev Chandrasekhar casts his vote in Thiruvananthapuram

    Keralam BJP president Rajeev Chandrasekhar on Thursday cast his vote in the Assembly elections being held today and described the contest as important while urging voters to “make their vote about change”.(ANI)

  • April 9, 2026 08:56

    Kerala Assembly polls: Brisk start in BJP’s target turf as Nemom and Kazhakkottam vote early

    Nemom and Kazhakkottam seats in Thiruvananthapuram, where BJP says it will make major inroads, witness brisk polling in the first hour.

  • April 9, 2026 08:54

    Kerala Assembly elections: Early hours see elderly and women voters lead the turnout in Kerala, beating the heat

    Mostly aged and women voters exercise their franchise in the first one hour or so of polling in Kerala, mindful of the inhospitable weather towards noon from rising heat and humidity. Gen Z voters yet to make their presence felt in the state.

  • April 9, 2026 08:51

    PM Modi appeals to people of Assam, Kerala, Puducherry to vote in large numbers

    Prime Minister Narendra Modi on Thursday appealed to the people of Assam, Kerala and Puducherry to exercise their franchise in large numbers in the assembly elections in the two states and the Union Territory.

    In separate messages in English, besides Assamese, Malayalam and Tamil — the regional languages of Assam, Kerala and Puducherry respectively — PM Modi particularly requested the youth and the women to step forward and vote in large numbers.

    “As polling begins for the Assam Assembly elections 2026, I appeal to the people of Assam to exercise their franchise in large numbers. I hope that the state’s youth and women voters participate enthusiastically and make this election a celebration of democracy and public duty,” he said in a post on X. (PTI)

  • April 9, 2026 08:49

    Puducherry Assembly elections: It’s NDA vs INDIA Bloc vs TVK in Puducherry: A rare triangular battle unfolds in the UT

    After a long time Puducherry witnessing a three cornered fight with the NDA (comprising AINRC, BJP, AIADMK, and LJK) and India Bloc (Congress, DMK and VCK ) facing a third force in TVK.

  • April 9, 2026 08:42

    Puducherry Assembly elections: Vijay’s TVK debuts in Pondy polls

    TVK – Tamilagai Vettri Kazhagam – party of Actor Vijay makes its debut in Puducherry politics. Will this party be a kingmaker?

  • April 9, 2026 08:41

    Puducherry Assembly elections: Ballots open, hopes high as the beach city sees frenzy voting from dawn

    294 candidates in fray in Puducherry with 9.5 lakh voters deciding their fate. 

    Voting began amid tight security at 7 am with long queues seen .

  • April 9, 2026 08:37

    Assam Polls: Voting continues unfazed amidst heavy rains

    WhatsApp Image 2026-04-09 at 8.27.48 AM.jpeg

    Pic credit: Ritu Raj Konwar

  • April 9, 2026 08:31

    Assam sees heavy rain, but voter spirit hasn’t been dampened

    Raining heavily in Hojai, Assam and yet rain has not dampened the spirit of voters who have turned out in big numbers early morning with umbrellas . Shiladitya Dev of BJP pitted against Jhili Chowdhury of INC in the constituency.

  • April 9, 2026 08:29

    Kerala Assembly elections: Polling percentage rises to 5.6 per cent in Kerala after one-and-hours.

  • April 9, 2026 08:29

    Voter turnout impressive: LDF convenor TP Ramakrishnan

    LDF convenor TP Ramakrishnan, who is locked in a close fight in fortress Perambra, says he is impressed with the turnout so far in Kerala, with women voters outnumbering their male counterparts.

  • April 9, 2026 08:22

    Election Commission declares paid holiday on polling days for upcoming elections

    Election Commission declares paid holiday on polling days for upcoming elections

    Election Commission announces paid holiday for all employees on polling days to ensure voter participation in upcoming elections.

  • April 9, 2026 08:20

    Pinarayi Vijayan says LDF confident of surpassing 2021 win, cites decade of development

    CM Pinarayi Vijayan speaking to reporters in Dharmadam after casting his vote said that people realise that LDF has achieved what no other party has in terms of development, taking various projects to their conclusion. He says people have experienced the change in 10 years and LDF has been travelling with people of the land. “In 2021 we received more than we got in 2016 and we are confident that this time we will get more than we got in 2021,” he said. A developed Keralam is our dream and we are confident people will be with us, he said .

  • April 9, 2026 08:19

    In the first hour of voting, an average 3-3.5 per cent of voters cast their ballots in Kerala.

  • April 9, 2026 08:19

    Assam polls: Police knock, passport claims and sharp barbs mark final days before Assam vote

    Police knock, passport claims and sharp barbs mark final days before Assam vote

    Tensions rise in Assam’s election campaign as police action and personal attacks dominate the final days before voting.

  • April 9, 2026 08:11

    Top leaders cast their votes across Keralam as high turnout seen in many constituencies

    Several top leaders have cast their vote across Keralam . Suresh Gopi in Thrissur, V Satheeshan in North Paravur. Huge turnout witnessed in many constituencies.

  • April 9, 2026 08:09

    Meet CM Rangasamy, NDA’s calm and unflappable leader in Puducherry

    Meet CM Rangasamy, NDA’s unflappable face in Puducherry

    Puducherry CM N Rangasamy campaigns with a calm, grassroots approach as Assembly polls near, banking on strong public connect and experience.

  • April 9, 2026 08:09

    Kerala CM Pinarayi Vijayan casts vote in Dharmadam, eyes third straight term

    In Kannur, Keralam chief minister Pinarayi Vijayan just cast his vote from Dharmadam constituency fighting for a record third time in power

  • April 9, 2026 08:09

    BJP’s Rajeev Chandrasekharan predicts no clear mandate for UDF or LDF as BJP gains ground

    Kerala BJP chief Rajeev Chandrasekharan standing to cast his vote in his constituency told reporters that in his view neither UDF nore LDF would get a clear mandate as BJP will have an impact.

  • April 9, 2026 08:03

    Assam’s financial and social scorecard 

    Assam’s financial and social scorecard 

    Explore Assam’s economic and social indicators under the NDA government as they approach the re-election campaign.

  • April 9, 2026 08:03

    Bots in the poll battlefield – from sentiment tracking to targeted messaging

    Bots in the poll battlefield – from sentiment tracking to targeted messaging

    Explore how AI is transforming political campaigns through sentiment analysis, targeted messaging, and rapid content creation in Tamil Nadu.

  • April 9, 2026 08:01

    Kerala sets 85% polling target, aiming to match record turnout last seen in 1960

    State Election Commission has put a target of 85 per cent of polling in Kerala, a threshold breached only once in the state’s history way back in 1960. 

    That year, the state witnessed 85.72 per cent of polling in elections held after the EMS Namboodiripad government had to bow out of power. 

    The lowest polling percentage of 71.16 per cent was recorded in 1996, while the last Assembly polls held in 2021 returned 75.75 per cent.

  • April 9, 2026 07:58

    Assam polls: In pictures

    WhatsApp Image 2026-04-09 at 07.50.06.jpeg

    WhatsApp Image 2026-04-09 at 07.52.45.jpeg

  • April 9, 2026 07:57

    CCTV surveillance and strict policing witnessed in polling booths in Assam

  • April 9, 2026 07:49

    Polling underway in Assam

    Photo: Ritu Raj Konwar

  • April 9, 2026 07:47

    In Puducherry, model polling booth with flowers, seating, token system, and robot welcomes early voters

    In Puducherry at a model polling booth bedecked with flowers , people were seen seated since 6.30 am. Seating arrangements had been made. A token system was arranged . Also a robot greeted voters.

  • April 9, 2026 07:45

    Kerala polls: Mohan Lal casts vote in Nemom after standing in queue for half an hour amid tough triangular contest

    Mohan Lal cast his vote from Poojappura in Nemom . A huge number of women voters have queued up to cast their votes.

  • April 9, 2026 07:29

    No exit polls from 7 am of April 9 till 6.30 pm of April 29: EC

    Exit polls can neither be held nor disseminated from 7 am of April 9 till 6.30 pm of April 29 for the five assembly elections taking place this month, the Election Commission has said.

    It has also cautioned that conducting or broadcasting exit polls in the period is violative of section 126A of the Representation of the People Act, 1951 and is “punishable with imprisonment up to a period of two years, or with fine or both”.

    While Kerala, Assam and Puducherry going for assembly polls on April 9, the electoral exercise will be held in Tamil Nadu on April 23.

    In West Bengal, state polls will be held on April 23 and 29.

    While the 48 hour ‘silence period’ in Kerala and Puducherry will commence at 6 pm on Tuesday, it will kick in at 5 pm in Assam. ​

    No exit polls from 7 am of April 9 till 6.30 pm of April 29: EC

    Exit polls can neither be held nor disseminated from 7 am of April 9 till 6.30 pm of April 29 for the five assembly elections taking place this month, the Election Commission has said.

  • April 9, 2026 07:28

    People standing in long lines to cast their votes in Guwahati on 9th April 2026.

    WhatsApp Image 2026-04-09 at 07.24.18.jpeg

    Photo: Ritu Raj Konwar / The Hindu

  • April 9, 2026 07:14

    2.71 crore voters head for booths in Kerala

    An estimated 2.71 crore voters in Kerala will fan out into the more than 34,000 booths in the state today to exercise their franchise in elections to the State Assembly. 

    The last couple of days leading up to the poll were eventful with ‘vote for cash’ and ‘vote for (provision) kits’ breaking out in Thrissur district. 

    A third one was an alleged phone conversation between a minister and sitting MLA of the ruling Left Democratic Front (LDF) fixing blame on each other for the ‘man-made’ failures that allegedly set off the historic 2018 floods. 

    Separately, Kerala Chief Minister Pinarayi Vijayan took on his Telangana counterpart Revanth Reddy in a one-to-one spat deviating from campaign rhetoric. – Our Bureau

  • April 9, 2026 07:03

    Assam polls: Assam electorate stands at 2.5 crore, with nearly equal male and female voters and 318 in transgender category

    Of 2,50,54,463 electors in Assam, 1,25,31,552 are male voters and 1,25,22,593 females. There are 318 voters in the Transgender category and 63,423 service voters.Among the electorate, 6,42,314 voters are in the age group of 18-19 years, 2,50,006 are above 80 years of age, and 2,05,085 are persons with disabilities. – ANI

  • April 9, 2026 07:01

    Assam heads to polls today as Congress looks to reclaim the state

    Polling for the 126 seats in Assam will be held today. Votes will be counted on May 4. The polling will begin at 7 am. The BJP-led NDA is seeking a third consecutive term. The Congress-led alliance includes Raijor Dal and CPI(M).

    In Assam, more than 2.5 crore electors are eligible to exercise their franchise for the 126-member legislative assembly. There are 722 candidates in the fray. – ANI

  • April 9, 2026 07:00

    Keralam sets up over 30,000 polling stations, deploys 1.46 lakh trained staff for voting

    For a smooth voting process, 30,471 polling stations have been set up in Keralam, out of which 119 are logistic and voter machine distribution centres and 41 are vote counting centres.Keralam Chief Electoral Officer Rathan U Kelkar said that 1.46 lakh trained polling personnel will be dispatched to all the polling stations.

  • April 9, 2026 06:58

    Keralam electorate has 2.7 crore voters, including over 4.2 lakh first-time voters and 2 lakh seniors aged 85+

    The Keralam electorate comprises 2,69,53,644 registered voters, in which the total number of female voters is 1,38,27,319, the number of male voters is 1,31,26,048, and the number of Third gender category voters is 277.

    Among them, around 4,24,518 voters are in the 18-19 age group, and 2,04,608 voters are in the senior citizen category, aged 85 years and above. – ANI

  • April 9, 2026 06:56

    Keralam to vote today: Over 2.6 cr voters to decide fate of 883 candidates

    Over 2,6 crore electors will rush to poll stations on Thursday to decide the fate of 883 candidates across 140 assembly constituencies in Kerala and elect its 140-member Legislative Assembly in a high-stakes battle between the ruling Left Democratic Front (LDF), Congress-led United Democratic Front (UDF) and BJP-led National Democratic Alliance (NDA).

    The voting in Keralam is being held in a single phase and will begin at 7 AM. The current Assembly’s tenure ends on May 23.

    In the south-Indian state, over 2,6 crore electors will decide the fate of 883 candidates across 140 constituencies.

  • April 9, 2026 06:37

    Puducherry to vote today for 30 seats to elect new assembly

    Puducherry is set to vote today at 7 am for a total of 30 seats. A total of 10,14,070 electors are eligible to exercise their franchise to elect the 30-member Legislative Assembly.

    The electorate comprises 5,39,125 female voters, 4,74,788 male voters, and 157 voters belonging to the Third gender category. Out of this, 24,156 voters belong to the age group of 18-19 years, while 6,034 voters belong to the senior citizen category (aged 85 and above). – ANI

Published on April 9, 2026

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Election officials are on their way to polling stations after collecting polling materials in Meenchanda, Kozhikode, on Wednesday





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NCLAT upholds NCLT order on distribution of funds from a resolution plan

NCLAT upholds NCLT order on distribution of funds from a resolution plan


The National Company Law Appellate Tribunal has rejected a joint petition filed by five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank and Union Bank of India – challenging the distribution of funds to the dissenting financial creditors SBI and Punjab National Bank.

A two-member National Company Law Appellate Tribunal (NCLAT) bench said the distribution mechanism for funds received from the resolution plan approved by the lenders’ body CoC in its commercial wisdom, and subsequently, the NCLT order is valid, lawful and binding.

The bench said that the ‘Monitoring Committee’ formed after the bidding process was over and “could not have altered the same.”

“We are of the view that the payment directed to Respondent No 1 (SBI) is strictly in accordance with Section 30(2)(b), read with Section 53(1) of the Code which the CoC has duly approved and thereafter, by the AA, under Section 30(4), does not suffer from any inequity or illegality,” said the NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member (Technical) Indevar Pandey.

The matter related to the insolvency proceedings of OCL Iron and Steel, for which the Cuttack Bench of the National Company Law Tribunal (NCLT) has approved the bids filed by Indrani Patnaik.

The Corporate Insolvency Resolution Process against OCL Iron and Steel was initiated in September 2021.

Upon collation of claims, a Committee of Creditors was constituted comprising of nine financial creditors with voting shares – Asia Opportunities (III) Mauritius Limited (36.22 per cent), ICICI Bank (12.68 per cent), State Bank of India (10.39 per cent), Indian Bank (10.32 per cent), UCO Bank (9.82 per cent), Bank of Baroda (7.87 per cent), Union Bank of India (7.11 per cent), Punjab National Bank (0.63 per cent) and Ganesh Ores (4.98 per cent).

The Resolution Plan submitted by Indrani Patnaik was approved by the CoC through an 88.98 per cent majority vote, and the NCLT approved it on March 20, 2023, following which a Monitoring Committee was constituted to oversee the implementation of the resolution plan.

However, in the third and fourth meetings of the Monitoring Committee, there was a lack of consensus regarding distribution to dissenting financial creditors. Calculations regarding the distribution of Resolution Plan proceeds were placed before the members.

Meanwhile, Indrani Patnaik, being the Successful Resolution bidder, transferred an amount of ₹35.20 crore on May 15, 2023, to State Bank of India as a dissenting financial creditor.

Aggrieved by the same State Bank of India filed an application before the NCLT, seeking to set aside the distribution decided in the fourth Monitoring Committee meeting.

Passing an order on February 5, 2024, the NCLT directed that distribution to State Bank of India, being the dissenting financial creditor, be made in accordance with Section 30(2)(b) of the Code as computed by the Evaluation Advisor, and further directed that the computation of liquidation value be re-checked and payment be made accordingly.

Aggrieved by this NCLT order mandating distribution to the dissenting secured financial creditor out of the upfront payment, the five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank and Union Bank of India – filed an appeal before the NCLAT.

However, the NCLAT said the NCLT order “does not confer any undue or additional benefit upon Respondent No. 1 (SBI), but merely enforces the liquidation value already determined and approved.”

Published on April 9, 2026



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Russia offers sanctioned LNG to energy-hungry Asia at a discount

Russia offers sanctioned LNG to energy-hungry Asia at a discount


Liquefied Natural Gas (LNG) tanker vessel
| Photo Credit:
iStockphoto

Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to people familiar with the matter.

The shipments were being offered at a 40% discount to spot prices last week via little-known intermediary companies based in China and Russia, said the people, who asked not to be named as they aren’t authorized to speak with the media. The sellers said that they could provide paperwork to make it appear that the shipments originated from non-Russian sources, like Oman or Nigeria, the people said.

Bloomberg News wasn’t able to confirm whether any of the shipments were purchased.

The effective closure of the Strait of Hormuz — and attacks on the world’s largest LNG export plant in Qatar — has throttled about a fifth of global supply, upending the gas market and lifting prices. Shipments from Qatar have come to a standstill, forcing customers in Bangladesh and India to look for more expensive alternatives.

Bangladesh, which received 60% of its LNG from Qatar last year, has resorted to buying shipments from the spot market, at times spending roughly double what it would have under its long-term contracts with the Middle Eastern nation. Bangladesh and India have also been forced to curb gas supply to the fertilizer sector due to the reduction in LNG deliveries.

India typically takes a conservative approach to importing sanctioned oil and gas, and its government has previously said that it won’t take Russian LNG from blacklisted projects. India bought its first Iran oil shipment since 2019 following a US Treasury general license issued last month that waived restrictions.

While Russia has been steadily expanding exports from its US-sanctioned export plants — Arctic LNG 2 and Portovaya — most buyers remain wary of taking restricted shipments out of fear of retaliation from Washington. China has so far been the only country to import the sanctioned Russian LNG via a network of shadow fleet vessels.

Expanding deliveries to countries outside of China would help Russia diversify its customer base and expand exports from its blacklisted facilities. Arctic LNG 2 — which was designed to be the largest Russian LNG plant — began exports in 2024, but its full capacity has been throttled by a lack of shipping capacity and willing buyers.

More stories like this are available on bloomberg.com

Published on April 9, 2026



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India’s securitisation market hits record ₹2.55 lakh crore in FY26 on NBFC boost

India’s securitisation market hits record ₹2.55 lakh crore in FY26 on NBFC boost


NBFCs stepped up their activity to fill the gap left by banks, whose share of total originations plummeted to just 3% in fiscal 2026, down from 26% in the preceding year.

The Indian securitisation market reached a historic milestone as transaction values climbed to an all-time high of ₹2.55 lakh crore in fiscal 2026. This record-breaking performance was largely propelled by a 30 per cent year-on-year surge in originations by non-banking financial companies (NBFCs), which effectively countered a sharp decline in activity from the banking sector.

According to Crisil Ratings, the market saw more than ₹65,000 crore in transactions during the January-March quarter alone, representing a 20 per cent growth compared to the same period in the previous year.

NBFCs step in

While the overall annual growth rate stood at 9 per cent, the internal dynamics of the market shifted significantly over the past twelve months. NBFCs stepped up their activity to fill the gap left by banks, whose share of total originations plummeted to just 3 per cent in fiscal 2026, down from 26 per cent in the preceding year.

Despite this shift, the market remains concentrated among top players, though the total number of originators expanded to over 190. The share of the top 20 originators decreased to 65 per cent from 71 per cent, suggesting a gradual broadening of market participation.

“Increased NBFC activity reinforces the attractiveness of securitisation as a strong alternative fund-raising tool, especially for mid-sized players. Robust performance of cherry-picked pools and structural credit enhancements in pass-through certificates (PTCs) continues to support investor confidence in this market. Among NBFCs, while originations by vehicle financiers remained strong, goldloan-backed securitisation emerged as the second-largest asset class, surpassing mortgages, last fiscal,” said Aparna Kirubakaran, Director, Crisil Ratings.

Asset preferences change

Asset class preferences saw a notable realignment during the fiscal year. Vehicle loans maintained the largest market share at 40 per cent, even as their dominance slipped from 47 per cent in fiscal 2025. Gold loan-backed securitisation witnessed a robust surge, accounting for 15 per cent of total transactions and overtaking mortgages, which fell to a 14 per cent share.

This decline in mortgages was primarily attributed to subdued participation by a major private bank. Meanwhile, business and personal loans collectively accounted for 17 per cent of the market, while microfinance originations saw a slight increase to 12 per cent.

The method of transaction also shifted, with Pass-Through Certificates (PTCs) gaining significant ground over Direct Assignments (DAs). PTCs now represent approximately 60 per cent of the total market volume as investors increasingly prefer the structural protections they offer, particularly in unsecured lending segments like microfinance.

“PTC originations have achieved an all-time high volume, accounting for ~60 per cent of the total market. PTCs are clearly gaining favour across asset classes, especially in the unsecured space. Investors in unsecured loan transactions, like microfinance, are preferring the PTC route, due to the support provided by external enhancement, following the asset quality challenges that emerged in the previous fiscal. PTCs accounted for 69 per cent of microfinance securitisation transactions last fiscal, compared with 30 per cent in fiscal 2025. DAs, on the other hand, continue to be the preferred route for mortgages and gold loans,” stated Payal Anand, Associate Director, Crisil Ratings.

On the investor front, while public and private sector banks remain the primary backers of these deals, there is growing interest from mutual funds and foreign banks. Insurance companies and pension funds have also begun investing in select transactions.

This diversified investor base is expected to support continued momentum into fiscal 2027, with NBFCs likely remaining the primary drivers of issuance as they utilise securitisation to manage resources and diversify their funding channels.

Published on April 9, 2026



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Markets open lower as profit-booking offsets ceasefire rally; Bajaj Auto, NTPC top gainers

Markets open lower as profit-booking offsets ceasefire rally; Bajaj Auto, NTPC top gainers


Equity benchmarks opened in the red on Thursday, retreating from the previous session’s sharp gains, as investors booked profits amid lingering doubts over the durability of the US-Iran ceasefire and a rebound in crude oil prices.

The BSE Sensex, which closed at ₹77,562.90 on Wednesday, opened at ₹77,319.33 and was trading at ₹77,312.50, down ₹250.40 or 0.32 per cent, as of 9.21 am. The NSE Nifty 50, which ended the previous session at ₹23,997.35, opened at ₹23,909.05 and was trading at ₹23,943.75, down ₹53.60 or 0.22 per cent.

Wednesday’s session had seen the Nifty post its biggest single-day surge since May, gaining 3.8 per cent to close just below the 24,000 mark, following the announcement of a two-week ceasefire between the US and Iran. “The 2-week ceasefire between US and Iran and the consequent sharp decline in crude prices provided the trigger for a sharp 873-point rally in Nifty yesterday,” said Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited. “Fairly valued stocks depressed by FPI selling and shorting will bounce back at any time. Patience is the key.”

On Thursday morning, however, Brent crude had rebounded nearly 3 per cent to just under $98 a barrel, reviving inflation concerns and prompting early selling. Gift Nifty was pointing to a gap-down open, trading around 190 points lower before markets opened. “Indian equity markets are expected to open on a weak to gap-down note on Thursday, tracking negative signals from GIFT Nifty,” said Aakash Shah, Technical Research Analyst at Choice Equity Broking. “Profit booking after the sharp rally in the previous session may weigh on sentiment.”

Among Nifty 50 stocks, Bajaj Auto led gainers, rising 2.07 per cent to ₹9,560 from a previous close of ₹9,366. NTPC gained 1.47 per cent to ₹379.65 against a previous close of ₹374.15, while Tata Steel rose 1.38 per cent to ₹207 from ₹204.18. Hindalco added 1.32 per cent to ₹964.40 and Max Healthcare climbed 1.10 per cent to ₹951.50. The gains in metals and energy reflected continued optimism over easing crude-linked input costs.

On the losing side, Shriram Finance fell 1.79 per cent to ₹1,004.90 from ₹1,023.20, while Adani Ports dropped 1.78 per cent to ₹1,427.40 from ₹1,453.30. Infosys slipped 1.78 per cent to ₹1,322.20 against a previous close of ₹1,346.20, with the IT sector under focus ahead of TCS’s Q4 results later in the day. UltraTech Cement shed 1.09 per cent to ₹11,476 from ₹11,603, and Bajaj Finance fell 1.04 per cent to ₹905.50 from ₹915.05.

Institutional flows remained divergent. Foreign institutional investors sold shares worth approximately ₹2,812 crore on Wednesday — marking the 26th consecutive session of net selling — while domestic institutional investors bought ₹4,168 crore, providing a cushion. “FIIs remained net sellers while DIIs are actively absorbing the supply, providing stability,” noted Akshay Chinchalkar, Managing Partner and Head of Markets Strategy at the Wealth Company.

India VIX cooled sharply to around 19.69, from over 24 earlier in the week, indicating reduced but not eliminated volatility. “While panic has eased, uncertainty persists, and option premiums remain elevated,” Chinchalkar added. The RBI’s decision to hold the repo rate at 5.25 per cent with a neutral stance continued to underpin broader market stability.

Globally, European equities posted their biggest rally in a year on Wednesday. Asian markets were mixed on Thursday morning, with South Korean equities under pressure. “Asian stocks were seeing a bit of red, led by Korea,” Chinchalkar noted.

Nifty 50’s key resistance remains at the 24,300–24,400 zone, with support around 23,700–23,800.

Published on April 9, 2026



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Crude oil futures rise after Israeli attacks on Lebanon

Crude oil futures rise after Israeli attacks on Lebanon


Crude oil futures traded higher on Thursday morning following doubts over the durability of the US-Iran ceasefire. This follows Israeli attacks on Lebanon on Wednesday.

At 9.21 am on Thursday, June Brent oil futures were at $96.66, up by 2.02 per cent, and May crude oil futures on WTI (West Texas Intermediate) were at $97.06, up by 2.91 per cent. April crude oil futures were trading at ₹9,059 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of ₹8,861, up by 2.23 per cent, and May futures were trading at ₹8,430 against the previous close of ₹8,250, up by 2.18 per cent.

In a post on X, Seyed Abbas Araghchi, Foreign Minister of Iran, said: “The Iran-US Ceasefire terms are clear and explicit: the US must choose—ceasefire or continued war via Israel. It cannot have both. The world sees the massacres in Lebanon. The ball is in the US court, and the world is watching whether it will act on its commitments.”

Meanwhile, reports said that the movement of oil tankers through the Strait of Hormuz had been suspended following the Israeli attacks on Lebanon.

Petroleum status data, which was released by the US EIA (Energy Information Administration) for the week ending April 3, showed an increase in crude oil inventories in the US.

According to EIA, US commercial crude oil inventories increased by 3.1 million barrels for the week ending April 3. At 464.7 million barrels, US crude oil inventories were about 2 per cent above the five-year average for this time of year.

Total motor gasoline inventories decreased by 1.6 million barrels from last week, and distillate fuel inventories decreased by 3.1 million barrels last week.

Total products supplied in the US over the last four-week period averaged 20.8 million barrels per day. Over the past four weeks, motor gasoline product supplied averaged 8.7 million barrels per day, up by 1.5 per cent from the same period last year.

Distillate fuel product supplied averaged 4 million barrels per day over the past four weeks, up by 4.8 per cent from the same period last year. Jet fuel product supplied was down 6.4 per cent compared with the same four-week period last year.

Published on April 9, 2026



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