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Private markets are booming, attracting retail investors as companies stay private longer. Assets have tripled since 2013 and are projected to reach $62 trillion by 2034. Regulatory changes and new platforms are expanding access, with firms like Forge Global lowering investment minimums, while the White House considers allowing 401(k) investments in private equity.
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News and Media
Reliance Industries reported strong operating profit growth in the June quarter, driven by oil marketing, retail, and digital services. Excluding a one-time gain, operating profit and net profit grew by 15% and 25% respectively. The company saw growth in its O2C business, telecom subscriber base, and retail segment, with Motilal Oswal reiterating a "buy" rating on the stock.
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News and Media
Future pensioners are set to be worse off than today's with four-in-10 not saving enough for retirement, says the DWP.
Category:
News and Media
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