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India sees 7 pc drop in gold demand in Apr-Jun qtr due to record high prices: WGC

by AIP Online Bureau | Aug 1, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“We remain cautious about gold demand as it faces uncertainties due to elevated local prices and slowdown in discretionary spending,” said Somasundaram PR, regional chief executive officer of WGC’s Indian operations Gold demand in 2023 could fall 10%...
India orders drugmaker linked to Cameroon cough syrup deaths to stop manufacturing

India orders drugmaker linked to Cameroon cough syrup deaths to stop manufacturing

by AIP Online Bureau | Aug 1, 2023 | Breaking News!, Health, Regulation

The move comes as Indian regulators step up inspections at drugmakers after cough syrups made in the country were linked to the deaths of dozens of children overseas, denting India’s image as the “pharmacy of the world” New Delhi: The Indian...

Foreign portfolio investments fell sharply to (-) Rs 40,936 cr in 2022-23 from Rs 2,67,100 cr in 2020-21

by AIP Online Bureau | Jul 31, 2023 | Data, Eco/Invest/Demography

There have been positive signs though in the first quarter of the current fiscal (2023-24), as FPI inflows stood in positive zone at Rs 1,18,133 crore during April-June period of the current fiscal The sustained investment by FPIs is a reflection of their increasing...
India has adequate and sufficient insurance coverage for nuclear incidents

India has adequate and sufficient insurance coverage for nuclear incidents

by AIP Online Bureau | Jul 28, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Jitendra Singh,Union Minister of State (Independent Charge) Science & Technology The minister informed that without any insurance or financial securities, the nuclear operator cannot operate the nuclear facilities, and the operator is also mandated to renew the...

Growth slowdown concentrated in advanced economies: IMF

by AIP Online Bureau | Jul 26, 2023 | Eco/Invest/Demography, International News

India is estimated to account for one-sixth of global growth this year. “India is a country with growth — very strong and continuing to be strong. It’s about — one sixth of total global growth is accounted for by India right this year, and...
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