ECONOMY

$1-b NIIF private markets fund II set for first closing

NIIF is a sovereign-linked alternative asset manager anchored by the Government of India, catalysing global capital to invest in sectors and asset classes that drive India’s growth story

THE HINDU BUSINESS LINE
3 hours ago
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BUSINESS

Advent to invest $175 million in Felix Pharma to acquire minority stake

While Felix Pharmaceuticals achieved its first U.S. FDA approval in 2020, it has quickly scaled to a 14 commercialised product portfolio and has several others in advanced stages of pipeline.

THE HINDU
1 hour ago
BUSINESS

US-China trade deal talks: Top delegates meet in London; rare earth minerals, visa issues to be discussed

Top US and Chinese officials convened in London to de-escalate trade tensions that have destabilized global markets. Discussions, led by key figures like He Lifeng and Howard Lutnick, follow a temporary truce established in Geneva. Disa ...more

TIMES OF INDIA
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MARKET

SBI pays ₹8,076.84 crore dividend to Govt for FY25

During 2024-25, the bank earned a record net profit of ₹70,901 crore, as against ₹61,077 crore in the preceding year, registering a 16 increase

THE HINDU
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BUSINESS

BEML-DRDO pact: To develop key mobility systems for Army; boost to ‘Aatmanirbhar Bharat’ in defence sector

BEML Limited has partnered with DRDO's VRDE to indigenously manufacture critical support and mobility systems for the Indian Army's Armoured Corps. The agreement includes producing unit maintenance and repair vehicles for the MBT Arjun ...more

TIMES OF INDIA
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BUSINESS

‘Turnaround story next year’: Pakistan's debt increases to PRs 76,000 billion; its FM claims economy on path to recovery

Pakistan's debt has surged to PRs 76,000 billion in the first nine months of the fiscal year. Finance Minister Muhammad Aurangzeb highlights signs of economic recovery and stabilization.

TIMES OF INDIA
2 hours ago
BUSINESS

FY26 life insurance collection: Insurers clock nearly 11% growth in new business premiums in April-May; collections surpass Rs 52,000 crore

India's life insurance sector began fiscal year 2025-26 strongly, with new business premiums increasing by 10.8% during April-May, totaling Rs 52,427 crore. May alone saw a 12.6% surge, reaching ₹30,463 crore. Industry growth is attri ...more

TIMES OF INDIA
2 hours ago

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