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India’s Rs 42 lakh crore PMS industry at defining inflection point: SEBI

India’s Rs 42 lakh crore PMS industry at defining inflection point: SEBI

by AIP Online Bureau | Jun 11, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Wealth Management/ Philanthropy

APMI Chairman Biharilal Deora said the PMS industry has emerged as an important component of India’s wealth management landscape, driven by increasing investor awareness, rising demand for customised investment solutions and a supportive regulatory framework....
Indian cancer patients battle shortage of key drugs as platinum costs surge

Indian cancer patients battle shortage of key drugs as platinum costs surge

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Health, Indian News

Doctors and drug distributors said supplies of drugs such as cisplatin and carboplatin, used to treat cancers of the lung, ovaries and gall bladder, have been tight in recent weeks. Kumar Ajit spent more than a week calling dozens of pharmacies in India before he...
India’s ship certifier takes tougher stance on sanctioned tankers

India’s ship certifier takes tougher stance on sanctioned tankers

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil ​tankers and also a few gas carriers, the non-profit organisation’s Executive Chairman Arun Sharma said. LONDON:India’s ship safety certifier is taking a tougher stance...
India set to become the world’s 3rd largest economy by 2031: S&P

India set to become the world’s 3rd largest economy by 2031: S&P

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Indian News, Policy

While robust corporate and banking sectors provide a vital cushion against immediate shocks, maintaining India’s upward trajectory will require deft management of energy security, fiscal resilience, regulatory interventions and trade diversification, suggested...
India’s GDP expands 7.8% in Q4, full year growth hits 7.7%

India’s GDP expands 7.8% in Q4, full year growth hits 7.7%

by AIP Online Bureau | Jun 5, 2026 | Data, Eco/Invest/Demography, Non-Life, Policy

Prime Minister Narendra Modi said the 7.7 per cent GDP growth for fiscal 2025-26 shows the foundation of India’s economy was strong, and the country can manage itself amidst the ongoing global turmoil with the collective effort of its 140 crore citizens. He maintained...
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