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Parliament Passes Bill Allowing 100% FDI In Insurance Sector
Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring that opening up sector will attract new insurers, intermediaries and allied service providers.
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Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
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Budget 2025: FDI Limit For Insurance Sector Raised To 100%
Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, though with certain restrictions.
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Lok Sabha Passes Bill To Raise Foreign Investment In Insurance To 74%
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.
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Bill To Increase Foreign Investment To 74% Moved In Lok Sabha
Finance Minister Nirmala Sitharaman said on Monday that raising the FDI limit in the insurance sector to 74 per cent was necessary to help insurers deal with issues concerning financial stress.
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Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
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Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...
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Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities
A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.
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Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee
Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.
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FDI: Government relaxes rules for key sectors
The government today relaxed Foreign Direct Investment or FDI guidelines for a range of industries including telecom, single brand retail and oil and gas in a bid to lure capital inflows, prop up the sliding rupee and rev up growth.
-
FDI in insurance and pension: Future may well lie with BJP
Whether the new reforms in pension and insurance sectors approved by the government will translate into reality could depend on the stand of the BJP. The cabinet cleared 49 per cent Foreign Direct Investment or FDI for both key areas last evening, but the new policies have to be cleared in Parliament to become law.
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Cabinet allows FDI in insurance, pension sectors; will these big bang reforms pass the Parliament test?
Soon after the Union Cabinet approved opening up the insurance and pensions sectors to foreign investors last evening, Finance Minister P Chidambaram reached out to the Opposition saying he was optinistics that the opposition,"especially the principle opposition," or the BJP, would help pass the new Bills through discussion and negotiaton. The Manm...
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BJP not against FDI in pension, insurance, wants to see fine print
In the wake of reforms announced by the government in insurance and pension sectors, BJP on Thursday said while it is not opposed to more FDI in these areas, certain caveats and conditions should be met to "safeguard the interest of the people".
-
Big bang reforms again: Cabinet allows FDI in insurance, pension sectors
In a second round of bold reforms , the government today took big steps to open up the insurance and pensions sectors to foreign investors and prove it's determined to push the economy into turn-around mode. However, these proposals will have to be cleared by parliament. Opposition parties are against the reforms; so, supposedly, are some allies of...
-
Cabinet briefing on reforms in pension, insurance sectors: Highlights
After the Cabinet cleared a new installment of big-bang reforms including more Foreign Direct Investment or FDI in the insurance and pension sectors, Finance Minister briefed the media.
-
Parliament Passes Bill Allowing 100% FDI In Insurance Sector
Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring that opening up sector will attract new insurers, intermediaries and allied service providers.
-
Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
-
Budget 2025: FDI Limit For Insurance Sector Raised To 100%
Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, though with certain restrictions.
-
Lok Sabha Passes Bill To Raise Foreign Investment In Insurance To 74%
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.
-
Bill To Increase Foreign Investment To 74% Moved In Lok Sabha
Finance Minister Nirmala Sitharaman said on Monday that raising the FDI limit in the insurance sector to 74 per cent was necessary to help insurers deal with issues concerning financial stress.
-
Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
-
Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...
-
Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities
A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.
-
Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee
Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.
-
FDI: Government relaxes rules for key sectors
The government today relaxed Foreign Direct Investment or FDI guidelines for a range of industries including telecom, single brand retail and oil and gas in a bid to lure capital inflows, prop up the sliding rupee and rev up growth.
-
FDI in insurance and pension: Future may well lie with BJP
Whether the new reforms in pension and insurance sectors approved by the government will translate into reality could depend on the stand of the BJP. The cabinet cleared 49 per cent Foreign Direct Investment or FDI for both key areas last evening, but the new policies have to be cleared in Parliament to become law.
-
Cabinet allows FDI in insurance, pension sectors; will these big bang reforms pass the Parliament test?
Soon after the Union Cabinet approved opening up the insurance and pensions sectors to foreign investors last evening, Finance Minister P Chidambaram reached out to the Opposition saying he was optinistics that the opposition,"especially the principle opposition," or the BJP, would help pass the new Bills through discussion and negotiaton. The Manm...
-
BJP not against FDI in pension, insurance, wants to see fine print
In the wake of reforms announced by the government in insurance and pension sectors, BJP on Thursday said while it is not opposed to more FDI in these areas, certain caveats and conditions should be met to "safeguard the interest of the people".
-
Big bang reforms again: Cabinet allows FDI in insurance, pension sectors
In a second round of bold reforms , the government today took big steps to open up the insurance and pensions sectors to foreign investors and prove it's determined to push the economy into turn-around mode. However, these proposals will have to be cleared by parliament. Opposition parties are against the reforms; so, supposedly, are some allies of...
-
Cabinet briefing on reforms in pension, insurance sectors: Highlights
After the Cabinet cleared a new installment of big-bang reforms including more Foreign Direct Investment or FDI in the insurance and pension sectors, Finance Minister briefed the media.
