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Economists still expect strong GDP growth for the year, supported by a robust jobs recovery, according to a survey of forecasters by the Philadelphia Federal Reserve. They also largely expect inflation to stabilize in the long term, the survey showed.

The global benchmark rose 1.3% this week, touching $95 a barrel Friday before paring gains. National Security Advisor Jake Sullivan said Friday that the U.S. believes Russia could take offensive military action or attempt to spark a conflict inside Ukraine as early as next week.

Bitcoin is on pace to post its third consecutive weekly increase, climbing almost 19% during the stretch, to trade around $43,500 as of 1:06 p.m. in New York. It dropped below $33,000 on Jan. 24, a decline of more than 50% from its all-time high of almost $69,000 reached in early November.

Sequentially, however, the company’s net profit declined 37.9 per cent from Rs 18,749.17 crore

One has to be cognizant of the fact that Indian market is not completely immune to the global market sentiment. Thus, given the global narrative, investors should be wise with their investment choices

The surge in US consumer prices in January fuelled speculation that the Fed may raise interest rates by 50 basis points in March, instead of earlier expectations of 25 basis points, reducing the appetite for riskier assets.

Air India and AirAsia have agreed to transfer passengers to each other in case of disrupted operations. Thus the travel plans of passengers flying Air India and AirAsia India would not be disrupted if an alternative flight of either airline is available.

The commodities rally rejuvenated Tata Steel while Tata Tele emerged as the surprise multibagger on the stock market.

“Given that the Tatas have a very long-term view and patient capital, most of the challenges can be overcome, but people-related and expected hyper-competitive environments remain the most critical challenges,” said Kapil Kaul, chief executive at consultancy firm Centre for Asia Pacific Aviation in India.

CPPIB, CDPQ, Ontario Teachers’, Templeton, Capital Investment, Schoders, GIC OMERS, and People’s Bank of China are among investors likely to invest.