Business Standard - June 20, 2022

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

Climbers set to celebrate 70 yrs of Everest summit

Melting glaciers and rising number of ascents and casualties cast a shadow

Airtel Lanka makes a leading call

The latest merger talks with the largest telecom service provider in the island nation can catapult it to the top spot

Expect 'normal' monsoon across India, but NW: IMD

Normal rainfall probability raised to 43% but June might disappoint

Fed 'pause' on rate hikes in doubt as inflation picks up

Consumption price index climbed 4.4% in April against 4.2% in March

PLI plans for basic chemicals in pharma

Chemicals and Fertilisers Minister Mandaviya on Friday asked pharma-medical devices industry to focus on manufacturing quality products at affordable rates to compete globally, and announced plans to bring Product Linked Incentive (PLI) scheme for basic chemicals.

Govt to earn record dividend of ₹13,800 crore from PSBs for FY23

12 PSBs paying equity dividend of ₹21,000 crore, up 53% from ₹13,710 crore for FY22