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SBI Pension Funds Pvt., which manages $50 billion in assets, is considering investing in corporate and state debt due to the narrowing spreads on longer-maturity Indian government bonds. The fund's chief investment officer, Sandeep Pandey, expressed concern that the lack of term premium for longer-dated securities could impact returns for subscribers. Demand for longer-tenor papers has increased, leading to a compression in the spread between 10-year and 30-year bonds. The fund currently holds a portfolio of about one trillion rupees in corporate paper and 2.5 trillion rupees in sovereign and state debt. [Extracted from the article]

QWOLOJDWX2PS (Bloomberg) -- For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. Keywords: 18308Z; ZOMATO@IN; ASIA; BUSINESS; CONS; CONSD; CONSS; COS; GEN; GLOBALMACR; INDIA; INDUSTRIES; INTERNET; LIFESTYLE; MARKETS; NORTHAM; STK; TEC; TMT; US; WORLD EN 18308Z ZOMATO@IN ASIA BUSINESS CONS CONSD CONSS COS GEN GLOBALMACR INDIA INDUSTRIES INTERNET LIFESTYLE MARKETS NORTHAM STK TEC TMT US WORLD For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. [Extracted from the article]

QWOJT1DWRGG0 (Bloomberg) -- For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. Keywords: 18308Z; ZOMATO@IN; ASIA; BUSINESS; CONS; CONSD; CONSS; COS; GEN; GLOBALMACR; INDIA; INDUSTRIES; INTERNET; MARKETS; NORTHAM; STK; TEC; TMT; US; WORLD EN 18308Z ZOMATO@IN ASIA BUSINESS CONS CONSD CONSS COS GEN GLOBALMACR INDIA INDUSTRIES INTERNET MARKETS NORTHAM STK TEC TMT US WORLD For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. [Extracted from the article]

QWOJO5DWX2PS (Bloomberg) -- For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. Zomato, the first of a generation of internet unicorns to tap India's capital markets, has generated a seldom-seen frenzy among the local investment community. Keywords: 18308Z; ZOMATO@IN; ASIA; BUSINESS; CONS; CONSD; COS; GLOBALMACR; INDIA; INDUSTRIES; INTERNET; MARKETS; NORTHAM; STK; TEC; TMT; US; WORLD EN 18308Z ZOMATO@IN ASIA BUSINESS CONS CONSD COS GLOBALMACR INDIA INDUSTRIES INTERNET MARKETS NORTHAM STK TEC TMT US WORLD For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. [Extracted from the article]

Keywords: 18308Z; ZOMATO@IN; ALLTOP; ASIA; ASIATOP; BUSINESS; CONS; CONSD; COS; GLOBALMACR; INDIA; INDUSTRIES; INTERNET; MARKETS; NORTHAM; STK; TEC; TECHTOP; TECSVC; TMT; TOP; US; WORLD; WWTOP; WWTOPAS EN 18308Z ZOMATO@IN ALLTOP ASIA ASIATOP BUSINESS CONS CONSD COS GLOBALMACR INDIA INDUSTRIES INTERNET MARKETS NORTHAM STK TEC TECHTOP TECSVC TMT TOP US WORLD WWTOP WWTOPAS For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. Zomato, the first of a generation of internet unicorns to tap India's capital markets, has generated a seldom-seen frenzy among the local investment community. QWN4KUDWLU6P (Bloomberg) -- For over a decade, Deepinder Goyal's Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. [Extracted from the article]

Yet the ICMR has become the more public face of India's response to Covid-19, a development some scientists questioned. Keywords: 0751538DSW; 7535940ZIN; GILD; ASIA; BRAZIL; BUSINESS; COS; DRG; GEN; GOV; HEA; INDIA; INDUSTRIES; LATAM; LAW; POL; SCIENCE; WORLD EN 0751538DSW 7535940ZIN GILD ASIA BRAZIL BUSINESS COS DRG GEN GOV HEA INDIA INDUSTRIES LATAM LAW POL SCIENCE WORLD For a century, the Indian Council of Medical Research was a little known government body quietly studying illnesses in New Delhi. [Extracted from the article]

Yet the ICMR has become the more public face of India's response to Covid-19, a development some scientists questioned. Keywords: 0751538DSW; 7535940ZIN; GILD; ALLTOP; ASIA; ASIATOP; BRAZIL; BUSINESS; COS; DRG; GEN; GENTOP; GOV; HEA; INDIA; INDUSTRIES; LATAM; LAW; POL; SCIENCE; WORLD; WWTOP; WWTOPAS EN 0751538DSW 7535940ZIN GILD ALLTOP ASIA ASIATOP BRAZIL BUSINESS COS DRG GEN GENTOP GOV HEA INDIA INDUSTRIES LATAM LAW POL SCIENCE WORLD WWTOP WWTOPAS For a century, the Indian Council of Medical Research was a little known government body quietly studying illnesses in New Delhi. [Extracted from the article]

Keywords: 003490@KS; 0247409Z; 0751538DSW; 1009154ZIN; AZN@LN; BNTX; DIS; SVA; ALLTOP; ASIA; BUSINESS; COS; DRG; GOV; HEA; INDIA; INDUSTRIES; LIFESTYLE; NORTHAM; US; WORLD; WWTOP EN 003490@KS 0247409Z 0751538DSW 1009154ZIN AZN@LN BNTX DIS SVA ALLTOP ASIA BUSINESS COS DRG GOV HEA INDIA INDUSTRIES LIFESTYLE NORTHAM US WORLD WWTOP QSF6DUT0G1L0 (Bloomberg) - The number of daily coronavirus cases in India crossed the 400,000 mark for the first time as the nation struggles to contain its latest outbreak. Philippines Receive First Sputnik Vaccine Batch (4:27 p.m. HK) The Philippines received its first batch of Sputnik V coronavirus vaccines from Russia on Saturday, local media reported. [Extracted from the article]

President Joe Biden banned most travel to the U.S. from India beginning Tuesday as the country struggles to combat the worst surge of coronavirus cases in the world. Keywords: 003490@KS; 0247409Z; 0751538DSW; 1009154ZIN; AZN@LN; BNTX; DIS; SVA; ALLTOP; ASIA; BUSINESS; COS; DRG; GOV; HEA; INDIA; INDUSTRIES; LIFESTYLE; NORTHAM; US; WORLD; WWTOP EN 003490@KS 0247409Z 0751538DSW 1009154ZIN AZN@LN BNTX DIS SVA ALLTOP ASIA BUSINESS COS DRG GOV HEA INDIA INDUSTRIES LIFESTYLE NORTHAM US WORLD WWTOP QSEX6NDWLU6G (Bloomberg) -- The number of daily coronavirus cases in India crossed the 400,000 mark for the first time as the nation struggles to contain its latest outbreak. [Extracted from the article]

This section offers news briefs related to business as of July 7, 1956. The Commerce Department gets a boost in overseas trade reporting as more foreign service officers will be assigned as attaches while the Department will have a bigger role in maintaining standards of overseas economic reporting. The Ford Foundation has allocated 30,000 U.S. dollars to help set up the Council of Economic & Industrial Research in India. The Argentine economic mission to Washington has arrived in the U.S. to see how much investment capital it can raise.

The article presents updates on business outside the U.S. as of October 10, 1959. The Indian government has approved a 30-million synthetic rubber project involving Firestone and Kilachand Devchand & Co. of Bombay. A merchant fleet is being developed by Soviet-bloc countries to replace ships chartered in the West. A 15-million U.S. dollar subsidy plan was announced by West Germany's Economics Ministry for the development of two medium-range jets.