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INDIA INSURANCE LIBERALISATION
MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay MalhotraIndia's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. D...- 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...
- US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
- Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
- India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
- Liberalisation, ease of doing biz make insurance sector attractive for investment: N S KannanPresenting India's case in terms of ease of doing business, he said post liberalisation, foreign direct investment in the insurance sector ...
- Reinsurance liberalisation in India will take time: John Nelson, Lloyd's"We have been making the case for full liberalisation. We will continue to make it and we think the government is on a path to do it."
- India is seeing high growth and high rate of urbanisation: John NelsonIn an interview to ET, John Nelson says Lloyd’s will not intervene to lower prices but privatisation of large insurance companies will help...
- India to gain from liberalisation in insurance: John Nelson, Lloyd"I think at the moment what we are seeing is that the US is looking strong — relatively stable. There is good consumer confidence even."
- Opto Circuits shares surge nearly 16 per centShares of Opto Circuits (India) soared nearly 16 per cent today after the Cabinet liberalised foreign investment policy in the medical devi...
- Liberalise FDI policy in financial services sector: USUS said further opening some areas can add about 1.5 per cent to the country's economic growth.
- India should liberalise FDI regime for insurance, retail: USFernandez said, "India could be a wonderful place for the US to partner in developing clean technology, solar energy space and wind energy."
- France wants easier retail, insurance entryFrench minister of economy and finance Christine Lagarde has asked India to liberalise its retail and insurance sector further.
- No rushing with FDI reforms: Anand SharmaIndia has said it favours calibrated liberalisation of foreign investment norms in sensitive sectors like retail, defence, banking and insu...
- Middle-class takes the wind out of property insuranceIntense competition and an increased preference for health covers by a growing middle-class have taken the wind out of property insurance i...
- Tax sops proposed for long-term insuranceA recent Planning Commission report which iterated the need for relaxing the capital regulations for insurance players and de-tariffing of ...
- Insurance MNCs queue up to cash in on local demandMultinationals have entered into pacts even though there is no sign that foreign investment limits will be relaxed soon
- Govt may cut reinsurance cap to 10%After getting freedom in pricing, non-life insurers are set to experience freedom in reinsurance.
- India will push through financial sector reforms: PMHe said the country had already removed most barriers to Foreign Direct Investment in the manufacturing sector, but would like to see highe...
- Insurance quotient: big gains for IndiaThe country’s share of the world’s life insurance business has doubled in the five years since liberalisation - and most of the new premium...
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