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Centre cuts prices of 35 essential medicines

by AIP Online Bureau | Aug 3, 2025 | Eco/Invest/Demography, Health, Indian News

The formulations, which will now cost less, span a wide range of medicines including anti-inflammatory, cardiovascular, antibiotic, anti-diabetic and psychiatric medicines New Delhi: In a move to make medicines more affordable for patients, the National Pharmaceutical...
India hasn’t directed oil refiners to stop buying Russian oil

India hasn’t directed oil refiners to stop buying Russian oil

by AIP Online Bureau | Aug 3, 2025 | Indian News, Non-Life, Policy, Reinsurance

India’s refiners have been singled out by the European Union and the US for supporting Moscow during its war in Ukraine with the oil purchases. It has become the world’s biggest buyer of Russian seaborne exports of crude, soaking up discounted barrels and ramping up...
IFSCA panel pitches for Cat Bonds and ILS in India

IFSCA panel pitches for Cat Bonds and ILS in India

by AIP Online Bureau | Aug 3, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management, Technology

IFSCA can set up guidelines for the insurance-linked securities (ILS) and support initial issuance by way of cost subsidy/ grant on the lines of Singapore and Hong Kong. These incentives are important for creating a conducive ecosystem for ILS in the initial years, G...

Goa Institute of Management develops algorithm to tackle bias, collusion in e-commerce

by AIP Online Bureau | Aug 3, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

“The developed algorithm ensures fairness by filtering based on credible review thresholds and competitive pricing. Aligning with the emerging antitrust regulations globally, the algorithm has demonstrated collusion-resistance and transparency via simulation and...

FPIs pullout Rs 17741 cr from Indian equities in July

by AIP Online Bureau | Aug 3, 2025 | Data

The recent selling pressure is largely due to the fresh reciprocal tariffs imposed by the United States, which has impacted India among several other countries. New Delhi: Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, with...
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