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Leading trade bodies said small-budget weddings are being postponed as families are waiting for gold prices to cool off. This trend is more visible in South India, where gold is an integral part of the wedding.

The feature called UPI123Pay will offer payments through IVR Number, app functionality in feature phones, missed call-based transactions and sound-based payments. The Central bank also announced the rollout of a 24x7 helpline for digital payments called DigiSaathi.

The Arbitration Act has a cap of ₹30 lakh on arbitration fees to be charged in a single matter. Senior advocate Abhishek Manu Singhvi, representing engineering firm Afcons in a dispute with ONGC under arbitration, said this cap translated into a measly ₹30,000 as fees per sitting if 100 such sittings were required to resolve the issue.

The NSE recently invited applications for the post of MD and CEO. Limaye is eligible for another term of five years but regulations require incumbents to re-apply for the position.

Tatas have been in talks for some time with global investors, including some sovereign and pension money managers, to fund its digital foray.

The LME, which clears all trading of its metals contracts, said on Friday it was raising margin requirements for nickel contracts by 12.5% to $2,250 a tonne. The extra charge kicks in at close of business on Tuesday, March 8.

Prices for Brent crude are up more than 30% since the invasion began, while nickel prices doubled on Tuesday – a move that appeared to have been exacerbated by a Chinese firm covering bets against the metal and reducing its exposure to costly margin calls.

Gold prices fell on Wednesday, weighed down by a stronger dollar and U.S. Treasury yields, while palladium gained on supply worries as Western countries ramped up sanctions against Russia over its invasion of Ukraine.

The price of a barrel of crude, already on the march higher in January on supply worries and expectations of a strengthening global economic recovery, has rocketed upward since Russia launched its invasion of Ukraine on Feb. 24. Oil is now roughly double its early December low.

The Rs 18,000 crore share buyback of TCS will kick off today and the company will continued to accept shares till March 23. It plans to buy back 4 crore shares at Rs 4,500 per share.