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FDI IN PENSION
Remittances, services surplus lift India to $4.7 billion current account surplus in AprilIndia achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...
Centre seeks states' bids for 50 industrial parks in 4 months, eyes rollout in 3 years: Piyush GoyalIndia is launching the Bhavya scheme to establish 100 industrial parks nationwide. Applications for the first 50 parks will be invited from...
PM Modi’s 5-nation tour from May 15-21 to boost trade & investmentPrime Minister Narendra Modi will visit the UAE, Netherlands, Sweden, Norway, and Italy in May. He will meet with leaders to discuss bilate...
PM Modi to hold talks with UAE, Dutch, Swedish, Norwegian and Italian leadership in major tour from May 15–20As the clock strikes May 15, 2026, Prime Minister Narendra Modi sets forth on a pivotal journey through Europe and the Middle East. His iti...
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...
Govt may hike FDI limit in pension sector; Bill likely in Monsoon SessionThe government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A b...
Lower bureaucracy objects to FDI in Insurance, Railways, DefenceThe lower bureaucracy has vehemently objected to the government’s decision for 100% Foreign Direct Investment (FDI) in Railways and 49% FDI...
DIPP notifies 49 per cent FDI in pension sectorThe FDI cap in the sector has been hiked to 49 per cent and that includes foreign investment in the forms of FPI, FII, QFI, FVCI, NRI and D...
Pension Bill to attract FDI; better products coming: India IncParliament has passed the Pension Bill that aims to create a regulator for the sector and allows at least 26 per cent FDI.
FDI in insurance & pension: BJP’s mixed signals on reformsBJP has agreed to allow 26% FDI in the pension sector, a decision its leaders Sushma Swaraj, Arun Jaitley and Yashwant Sinha conveyed in a ...
- UPA should seek Parliament's approval for reforms: BJP
BJP today demanded that the UPA govt should seek approval of Parliament for reforms like allowing FDI in pension and insurance sectors.
- Future of pensioners will crash with FDI: Mamata Banerjee
Intensifying her tirade against the Centre for allowing FDI in pension funds, Mamata Banerjee today said the future of pensioners in the co...
BJP yet to commit to a formal position on insurance and pension reform billsThe BJP is caught between two conflicting views - go along with its liberal economic stand, backing reform or stay firmly with the anti-Con...
- Several amendments to Insurance Bill will benefit the sector: Rajesh Sud, Max Life Insurance
Some of us have reached a stage where we have been profitable over the last few years and therefore there is enough money that is supportin...
FDI in insurance will help strengthen the rupee: Keki Mistry, HDFCThe decisions will boost sentiment, we will get in a lot of money into India because there is a lot of interest from foreign insurance comp...
- Samajwadi Party to oppose FDI increase in insurance and pension sector
Samajwadi Party general secretary Ram Asrey Kushwaha has said that his party would oppose the central governments decision to allow FDI in ...
- FDI in pension sector will help meet infra targets: Assocham
The government should allow FDI in the pension sector as this will increase the volume of assets, an industry study has said.
- 'FDI in pension funds to source infra requirements'
Allowing FDI in the pension sector would enable the country to raise the share of fund assets to GDP from current level of 5 per cent to 17...
- Government approves 26% FDI in pension sector but no guarantee of assured returns
The Government said it will allow 26 per cent foreign investment in the pension sector but no sectoral caps will be mentioned in the legisl...
- Govt may allow 26 per cent foreign investment in pension sector
The government is considering allowing 26 per cent foreign direct investment (FDI) in pension sector as part of reforms in the area.