World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Federal Reserve's policy tightening and Russia's war in Ukraine.

Technology shares in Hong Kong led losers and weighed on the broader market after U.S. regulators said recent media speculation about an imminent deal that would stop hundreds of Chinese companies from being kicked off American stock exchanges was "premature".

As many as 577 Indian fishermen are in the custody of Pakistan and India has been consistently raising the incidents of their detention and the capture of fishing boats by the neighbouring country, the Lok Sabha was informed on Friday.

Union Minister of State for External Affairs V Muraleedharan said according to the India-Pakistan "Agreement on Consular Access" signed on May 21, 2008, lists of civilian prisoners and fishermen of each country, lodged in the jails of the other, are exchanged on January 1 and July 1 every year.

The price of 10 gram of 24-carat gold on Friday went up by Rs 640 to Rs 52,310, while the price of 1 kg of silver increased by Rs 900 to Rs 68,500.

Ten gram of 22-carat gold is trading at Rs 47,950 after an increase of Rs 600.

The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 52,310 while the 10 gram of 22-carat gold in Mumbai and Delhi is trading at Rs 47,950.

The price of petrol and diesel in Delhi increased by 80 paise a litre each on Friday. Petrol is selling at Rs 97.81 per litre in the national capital while diesel is trading at Rs 89.07 per litre. This is the third increase in four days with total hike now is Rs 2.4/litre.

In Mumbai, the rate of petrol increased by 84 paise, selling at Rs 112.51 per litre. The price of diesel increased by 85 paise to Rs 96.70 per litre.

Shares of Indus Tower slipped 8 per cent to Rs 196.55 on the BSE in Friday’s intra-day trade amid heavy volume. The stock of telecom infrastructure provider traded close to its 52-week low of Rs 194.25 touched on August 5, 2021. The stock had hit a 52-week high of Rs 332.60 on September 28, 2021.

At 02:11 pm; Indus Tower traded 6 per cent lower at Rs 200, as compared to a 0.8 per cent decline on the S&P BSE Sensex. The trading volume at the counter more-than-doubled with a combined 5.4 million equity shares changing hands on the NSE and BSE.

Shares of Tata Elxsi moved higher by 5 per cent to a record high level of Rs 7,971.90 on the BSE in Friday’s intra-day trade in an otherwise weak market. The stock of Tata Group Company surpassed its previous high of Rs 7,949 touched on February 1, 2022.

Tata Elxsi is amongst the world’s leading providers of design and technology services across industries, including automotive, media, communications, healthcare, and transportation.

Shares of Indian Hotels Company were up 3.3 per cent to Rs 226.45 on the BSE in Friday's intra-day trade. The surge comes ahead of the company's board meeting to decide issue price of qualified institutional placement (QIP), scheduled later today. The stock traded close to its record high level of Rs 230.14 touched on October 14, 2021.

The stock of the Tata Group company traded higher for fourth day in a row. Earlier, the stock had rallied 10 per cent after its QIP committee approved the issue on March 22, 2022 and proposed to mobilize around Rs 2,000 crore through QIP and has fixed floor price at Rs 203.48 per share.

IBM India announced a collaboration with the Nagaland School Education department to introduce digital powered training in more than 250 secondary and higher secondary schools across 15 districts in the northeastern state.

The programme IBM Stem (Science, Technology, Engineering and Math) for Girls programme aims to provide 21st-century skills to more than 12,000 girls, a statement said on Thursday.

Vadodara based drug maker Alembic Pharmaceuticals is now running exhibit batches at its Karkhadi facility (F3) to keep the plant alive and humming, while it awaits a final go-ahead from the US drug regulator.

“This way, once the plant is cleared by the US Food and Drug Administration (USFDA) we will be able to file applications for double the number of products than we would have usually.

Bharti Airtel has prepaid Rs 8,815 crore of spectrum dues to cut down on interest expenses.

The dues pertained to spectrum acquired in 2015 and payments for same were due in FY2027 and FY2028, the telecom company announced on Friday.

This is the second such prepayment by the company in the last three months and comes on the back of strong cash flow generation, equity infusion and borrowing at significantly lower interest rates.

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