Sensex unlikely to shed more than 100 points
A 125-point surge in the Sensex preceded the announcement of the election schedule. In the backdrop of a 255-point surge in the Sensex over the last four days, the market sees the impact of politics on the Sensex limited to around 50 to 100 points.

RBI deputy governors Talwar, Capoor get 2-year extension
Reserve Bank of India deputy governors SP Talwar and Jagdish Capoor--who are scheduled to call it a day in June--have got two years extension. The finance ministry on Tuesday notified the extensions.

Oil majors equity swap to be in paperless mode
The share swap between the national oil companies, the Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC) and the Gas Authority of India Limited (Gail) will be through the dematerialised form.

CORPORATE
Hero Honda's net profit likely to increase by 65% to Rs 120 cr
ONGC pushes down crude output

ECONOMY
Centre seen paying extra $1-2 bn as oil rallies
BJP defends powers as caretaker government

EXPRESSIONS
Constitutional culture needs to be imparted
Russia is not the Titanic, it is the iceberg

MARKETS
Navi Mumbai spices market witnesses divergent trend
Foreign investors spread net to cyclical stocks

LEISURE
Sheetal unleashes brand-building blitz
SmithKline Beecham depression pill may help treatment of acutely shy