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FDI IN THE INSURANCE SECTOR
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
India's forex reserves remain adequate, trade pacts, policy reforms to strengthen external sector, says RBI GovernorWith foreign exchange reserves reaching an impressive $682.3 billion, India stands on solid economic ground. RBI Governor Sanjay Malhotra h...
Singapore, US, UK lead in foreign cos entering IndiaForeign companies are increasingly setting up shop in India. Singapore, the US, the UK, South Korea, and Germany are leading this trend. Re...
Macro worries cloud markets, but domestic fundamentals offer cushion: Sandip SabharwalMarket expert Sandip Sabharwal highlights that despite global headwinds like rising crude oil and currency weakness, Indian corporate funda...
PM Modi meets King Willem-Alexander and Queen Maxima in NertherlandsThe Prime Minister, who is in the Netherlands in the second leg of his five-nation visit, will hold bilateral meeting with his counterpart ...
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
Centre allows 100% FDI in insurance via auto route"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
BFSI sector looks attractive across the board, says DSP Mutual Fund's Preethi RSDSP Mutual fund manager Preethi RS sees a compelling entry point in the BFSI sector, citing healthy credit growth and recovering capital ma...
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...
Parliament Winter Session: Govt tables bill to hike FDI in insurance sector to 100% in Lok SabhaUnion Finance Minister Nirmala Sitharaman introduced the Sabka Bima Sabki Raksha Bill, 2025, proposing to raise FDI in the insurance sector...
Govt set to introduce Bill to hike FDI in insurance sector to 100% in ParliamentThe Indian government is set to introduce a bill to raise FDI in the insurance sector to 100%, aiming for universal insurance by 2047. The ...
Insurance Amendment Bill likely to be introduced in Winter session: FM SitharamanFinance Minister Nirmala Sitharaman indicates the Insurance Amendment Bill may come to Parliament soon. The bill proposes 100 percent FDI i...
Budget 2025: FM announces 100% FDI in the insurance sector. All you need to knowThe 2025 budget proposes to raise the FDI limit in the insurance sector from 74% to 100%, provided premiums are invested in India. This mov...
RBI notifies hike in FDI cap in insurance sector to 49%The Reserve Bank today notified government's decision to raise foreign direct investment limit in the insurance sector to 49 per cent.
Insurance sector needs $5-6 billion in immediate future: P ChidambaramMaking a strong case for raising FDI cap in insurance sector, Finance Minister P Chidambaram today said the industry requires USD 5-6 billi...
Irda favours hike in FDI ceiling for insurance sector to 49%Insurance regulator Irda today favoured increase in foreign direct investment in the sector to 49 per cent, saying it requires big investme...