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India slashes cost of cancer drugs after court rules mark-ups are ‘extortion’
Case filed in 2022 by patient unable to afford medicine leads to cap on drug prices for millions who face ruin if diagnosed The Indian government has moved to reduce the price of cancer drugs after a retired bank clerk took her case to the supreme court. From next month, 137 cancer drugs in India will be cheaper as the government tries to tackle the tragedy of poorer patients either forgoing treatment, selling land or falling into debt to meet the high cost of some medicines, which are making large profits for hospitals and pharmacists. Continue reading...
5 min read · 23h ago
€BlackRock, GIC among investors chasing Indian telecom major Jio's IPO as anchor bids top $26 billion
India’s Finance Minister blames easy exits and excess liquidity for equity market's underperformance
India's rupee forecast to weaken toward 100-per-dollar level even as RBI pushes back
India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada's Fairfax
Meta- and Google-backed Jio Platforms to raise up to $3.2 billion in historic IPO in India
Inside India newsletter: Billionaire Ambani’s mega-IPO faces a valuation reality check amid Musk spat
South Korean carmaker Hyundai plans 'strategic' investment of $15.5 billion in India by 2032
India’s retail inflation jumps to 5.54% in September, above estimates
'Real boss of India?': Elon Musk takes aim at Indian billionaire Ambani as Starlink launch stalls
Elon Musk blames Indian 'oligarchs' for stalling Starlink launch
India’s central bank hikes rates for the first time since 2023 as inflation creeps up
India's Titan On What's Slowing Gold Demand
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