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FOREIGN INVESTMENT IN INDIA INSURANCE
NSE IPO: Sebi approval likely soon, says chairman Tuhin Kanta PandeyNSE’s much-awaited IPO could be nearing launch as Sebi chairman Tuhin Kanta Pandey says approval of its DRHP is close. The entirely offer-f...
Piyush Goyal says India open to expanding scope of Japan trade agreementIndia is open to expanding its economic partnership agreement with Japan. The nation seeks to make the existing pact more contemporary and ...
FM Sitharaman cites financial sector boom to woo Canadian investorsIndia's Finance Minister Nirmala Sitharaman sees collaboration opportunities with Canadian banks and fintech firms. She noted India's robus...
Sun Life bets of India’s alternative investments like Private credit, infrastructure, Raising stake in India’s insurance business not a priority: Kevin StrainSun Life sees significant growth potential in India's insurance and wealth management sectors. The company is exploring new investment oppo...
These 8 banking stocks have an upside potential of up to 22% in 1 year, according to analystsWhen it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thin...
Gross FDI climbs as net inflows turn positiveGross foreign direct investment into India saw a significant rise in June. Net FDI also increased substantially, recovering from a previous...
India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is doneIndian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing ...
India-UAE growth corridor: $25 billion in 10 yrs, room for more investmentsThe India-UAE growth corridor presents substantial trade and investment opportunities for both nations. UAE executives highlighted India's ...
India raises $73 bn in forex inflows at record paceIndia has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) ...
Sitharaman to visit Canada, US from Aug 25 to woo investorsFinance minister Nirmala Sitharaman will visit Canada and the United States soon. She will meet global investors and corporate executives t...
SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 croreSoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu D...
NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...
- Govt working on amendments to Actuary Act, 2006: DFS official
The Department of Financial Services is working with the Institute of Actuaries of India to amend the Actuary Act, 2006, a senior Finance M...
India gets nearly Rs 5,000 crore FDI after easing rules for Chinese-linked firmsNew foreign investment rules are yielding positive results for India's economy. Twenty-nine investment proposals totaling over Rs 4,895 cro...
India to give Canada's Fairfax two years to consolidate holdings for IDBI Bank deal: SourcesFairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a m...
India weighs facilitating European, UK investments via green channelIndia is creating a dedicated channel to ease European and British company investments. This mechanism will offer dedicated support and hel...
NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...