Business Standard - December 21, 2021

Biden, McCarthy strike debt-ceiling deal

$31.4-TRN DEBT LIMIT SUSPENDED TILL JAN 2025. BUT, CONGRESS MUST PASS PLAN BEFORE JUNE 5

Video calls will soon be 3D meetings

What was once the most normal activity is now a special effort. Meeting people in person was considered important and necessary until video calls began.

Tesla's U-turn on India

With plans to import and sell cars off the table, Elon Musk's flagship is exploring the challenging prospect of an assembly plant for a cheaper electric vehicle

Runoff over, Erdogan takes early lead in Turkish polls

Turkey's Recep Tayyip Erdogan was leading his presidential challenger Kemal Kilicdaroglu with 56.4 per cent support in the election runoff on Sunday, based to initial results with 35.8 per cent of the ballot boxes opened, according to broadcaster NTV.

40 rebels killed so far in Manipur by forces: Biren

Singh said there are cases of armed militants firing at civilians with AK-47s, M-16 and sniper rifles, and these were targeted by security forces in counter-attacks

'Amazon of South Korea' Coupang looks to add India to cart

South Korean e-commerce giant, Coupang, is planning to enter the Indian market.

Going local, strong orders to help defence stocks fire

Analysts see 12-15% upside in sector shares over the next 12-18 months

Indices rise nearly 1% to a 5-month high

A combination of gains in Reliance Industries, IT heavyweights and positive global cues helped the Indian indices end the week at their highest levels in five months.

Only a matter of time before Sensex touches 100,000-mark: Chris Wood

The S&P BSE Sensex can climb the 'wall of worry' and hit the 100,000 mark soon, believes Christopher Wood, global head of equity strategy at Jefferies. This implies an upside of nearly 62 per cent from the current levels the index closed at 62,502 points on Friday.

Sebi forms advisory panel on market intermediaries

S Ravindran-led transparency, committee to advise on legal framework, and market safety-related matters