Business & Markets: India — Today

₹19,000 crore ($2 billion) — The first close for NIIF Infrastructure Fund II, crossing 60% of its ₹30,000 crore target and signaling deep institutional confidence in India's long-term infrastructure build-out.

Money Moves

• NIIF's sovereign-anchored mega-raise — Backed by the Government of India, Temasek, CPP Investments, ADIA, and Indian lenders ICICI, HDFC, and Axis Bank, the fund will deploy across energy, transport, digital infrastructure, and electric...