The Bharatiya Janata Party recently refused to play straight on allowing 49 per cent  foreign direct investment (FDI) in insurance and pension, while questioning the  “legal and political intentions†of…
JD-U today targeted Prime Minister Manmohan Singh over the latest decision to allow 49 Â per cent FDI in insurance sector but remained evasive on whether ally BJP will back its…
Consumers can look forward to a series of changes and not just the advent of new companies and insurance options if the reforms package approved by the Cabinet recently gets…
Insurance employees staged a demonstration in front of the LIC divisional  office here on Friday to protest against the decision of the Union cabinet  to approve Insurance Laws' Amendment Bill…
The increase in FDI limit in the insurance sector may attract Rs 30,000 crore that  the industry requires over the next five years, Insurance Regulatory and  Development Authority (IRDA) has…
Some major highlights of the Insurance Amendment Bill are as below:- 1. FDI has been hiked to 49% which will allow foreign companies to increase their stake in Indian joint…
Finance minister P Chidambaram has cleared a proposal to raise foreign direct investment limit in insurance and pension sectors to 49%. The insurance amendment bill was pending since long and…
After allowing FDI in multi-brand retail, the government today approved a hike in foreign investment cap in insurance sector to 49 per cent, meeting a long standing demand of the…
Supreme financial regulators like- Insurance Regulatory and Development Authority (IRDA), Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC) should…
Aiming to encourage people to buy insurance policies, union finance minister Mr. P Chidambaram recently, announced that the government is considering removing service tax on first year insurance premium payments.…