FDI In Insurance

  • Proposal to hike FDI cap in insurance rejected 13-12-2011 05:56 PM

    New Delhi: In an another instance which may stall reforms, a Parliament panel has rejected the government proposal to hike the FDI cap in the insurance sector to 49 per cent, saying this may not have the desired effect and could expose the economy to global vulnerability. The Standing Committee...
  • Par panel rejects proposal to hike insurance FDI 09-12-2011 06:55 AM

    New Delhi: After the fiasco on retail FDI, the UPA government is facing failure in another key reform it has long contemplated - hiking FDI cap in insurance from 26 per cent now to 49 per cent to give Indian insurance firms an avenue to raise much-needed growth capital. The...