Top headlines: PM calls for dialogue on Ukraine, 800 drugs to get costlier

Fund manager Mark Mobius says he sees more downside in equity markets amid the invasion of Ukraine. More on that in our top headlines.

Leaders of the of the Quad security dialogue held discussions over Russia's invasion of Ukraine with Prime Minister Modi calling for a return to dialogue as the crisis in eastern Europe continues to escalate. Meanwhile, India's regulator for pricing for drugs is likely to allow the highest ever price hike amid a rise in inflation. Head further down for more on these stories and other top headlines in our morning newswrap. 

PM Modi calls for return to path of dialogue, diplomacy on Ukraine crisis

Prime Minister Narendra Modi on Thursday called for a return to the path of dialogue