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Airtel is the second telco after market leader, Reliance Jio, to receive funding from Google. The US search services leader needs more and more people on the internet, which India with 1.3 billion people offers, while telcos like Airtel and Jio need more customers to use smartphones to drive up data consumption and revenue, say analysts.

Among the benchmark indices, BSE Sensex wiped out close to 2,000 points or 3 per cent and settled merely above 55,850 mark. Its peers, Nifty50 lost over 600 points or 4 per cent during the weekend and settled just above 16,650. Among the broader markets, the midcap index registered a 3 per cent fall whereas the index for smallcap stocks tanked 5 per cent during the week

"IT will bounce back very well because now as you look forward another two, three weeks March 16th the Fed meeting is very critical for markets."

In the show cause notices issued to NIEFL and NIFL, it was alleged that the two entities suppressed the fact that they belong to same investor group and only after depository NSDL informed about the breach of the prescribed investment limit of 10 per cent of the paid up capital by them in respect of few scrips of companies, they requested to reclassify their investment from FPI to Foreign Direct Investment (FDI).

Firms already struggling to maintain margins in the face of surging costs saw everything from natural gas to food and aluminum soaring.

Meanwhile, the Ukrainian government is soliciting any leads on information related to the cryptocurrency wallets of Russian and Belorussian politicians as the country continues to rely on crowdfunding efforts for its defense against Russia and its allies.​​

​​Gold by itself is not a great asset class to own, however, it acts as a hedge against heightened volatility and can be considered as insurance in the portfolio. Fixed Income helps in steady income generation with low volatility.

The US Fed has an unenviable choice to make; take swift and steep tightening action while the concurrent growth is still strong, thereby tame inflation and improve future prospects or let stagflation turn into a recession. The situation has got confounded by the Russian incursion which can spike up crude prices beyond the $100 mark. Thus, equity markets are faced with the prospect of rising market risk premium and elevated volatility.

Bitcoin and other digital assets have sagged on open conflict between Russia and Ukraine. The latest downturn translates into the value of the cryptocurrency market dropping to $1.75 trillion. Many of the other crypto assets saw even more losses than Bitcoin, averaging around 18-20 per cent. Ethereum, the second most traded cryptocurrency, was down almost 11 per cent on Thursday morning, and many other large coins also dropped more than 10 per cent.

The Reserve Bank of India (RBI) has set the price at Rs 5,109 per gram of gold. The latest tranche of the SGB Scheme - Series X can be subscribed till March 4.