FDI In Pension

  • FDI introduction will crash pensioners' future: Mamata October 7, 2012

    Kolkata: Firing a fresh salvo at the Congressled UPA government over foreign direct investment (FDI) in pensions, West Bengal Chief Minister Mamata Banerjee on Sunday accused it of pushing the future of pensioners in India towards uncertainty. The Trinamool Congress supremo, who broke ties with the Congress party and the United...
  • UPA's most important member is CBI director: Gadkari October 7, 2012

    Bharatiya Janata Party (BJP) President Nitin Gadkari on Saturday took a dig at the United Progressive Alliance (UPA) government saying that the most important person in the ruling coalition was the director of the Central Bureau of Investigation (CBI). In an interview to IBN18 EditorinChief Rajdeep Sardesai, Gadkari said that the...
  • FM confident insurance, pension bills will be passed October 7, 2012

    Mumbai: Promising more reforms, Finance Minister P Chidambaram on Saturday expressed confidence that the bills on FDI in insurance and pension will be passed in Parliament for which he will soon open dialogue with the opposition parties including the BJP. "There is a difference of opinion (on the issue of...
  • Cong to garner support on reforms through dialogue October 5, 2012

    New Delhi: The Congress on Friday said it would make earnest efforts through dialogue to arrive at a consensus for smooth passage of the concerned bills in Parliament on major reforms including in insurance and pension sectors. "When there will be dialogue, a way will emerge," party general secretary Janardan Dwivedi...
  • UPA's reforms juggernaut: Highlights of FM's speech October 5, 2012

    Mumbai: With all 21 big ticket items getting cleared by the Cabinet on Thursday, the government has rolled out reforms juggernaut in style. Here is a snapshot of what finance minister P Chidambaram read out on super Thursday. * Cabinet approves insurance and PFRDA Bills, proposes foreign equity cap in both...
  • UPA goes ahead with reforms, clears 49 pc FDI in pension, insurance October 5, 2012

    The cabinet cleared the second edition of big bang reforms allowing 49 per cent FDI in the pension and insurance sector. India Inc has welcomed the move, but the opposition BJP, Left and former ally Trinamool Congress are upset. Insurance reform is widely seen as crucial because estimates say the sector...
  • Can UPA survive its own reforms push? October 4, 2012

    The Cabinet on Monday cleared introduction of FDI in pension and increase in cap in insurance. ...
  • News 360: UPA brings in second wave of reforms October 4, 2012

    The UPA government on Thursday cleared FDI in pension and hiked FDI in insurance to 49 per cent. ...
  • BJP undecided on FDI in insurance, pension October 4, 2012

    New Delhi: In the wake of reforms announced by the government in insurance and pension sectors, the Bharatiya Janata Party on Thursday said while it is not opposed to more foreign direct investment in these areas certain caveats and conditions should be met to "safeguard the interest of the people". However,...
  • India Inc lauds UPA govt for bringing reforms October 4, 2012

    Future Generali MD and CEO Deepak Sood welcomes the government's decision to introduce FDI in pension and increase cap in insurance and says it's a very positive step and something that the industry has been waiting for a very long time. ...
  • BJP, Left oppose UPA's second wave of reforms October 4, 2012

    Both the Left and the BJP have voiced their opposition against the Cabinet's decision to introduce foreign direct investment in pension and increase in the FDI cap in insurance. Addressing a press conference over the measures, Union Finance Minister P Chidambaram said that the cap on the FDI in pension...
  • FDI cap in pension linked to FDI cap in insurance, says Chidambaram October 5, 2012

    New Delhi: The UPA government on Thursday came up with its second wave of big bang reforms as the Cabinet cleared the introduction of foreign direct investment (FDI) in pension and increase in the FDI cap in insurance. Addressing a press conference over the measures, Union Finance Minister P Chidambaram said...
  • To save the country, UPA govt must be ousted: Mamata October 4, 2012

    New Delhi: Raising her pitch against the UPA Government, Trinamool Congress president and West Bengal Chief Minister Mamata Banerjee on Thursday said the government needs to be ousted. "Today, yet another set of antipeople decisions of the Central Government have crossed the Laxman Rekha. These important decisions, which have direct...
  • UPA Cabinet clears changes in Companies Bill October 4, 2012

    New Delhi: The longpending Companies Bill 2011 was finally cleared by the UPA Cabinet on Thursday. The changes in the Companies Bill aim at improving corporate governance, increasing transparency and making independent directors more accountable. Along with the Companies Bill, the Cabinet also cleared 26 per cent foreign direct investment in...
  • UPA moves ahead on reforms, FDI in pension, FDI hike in insurance cleared October 4, 2012

    New Delhi: The UPA appears to be unfazed by the opposition to its reforms measures, as the Union Cabinet, in yet another major step, has finally given a goahead to introducing foreign direct investment (FDI) in pension and hiking the cap in insurance. According to sources, the Cabinet cleared as much...
  • Rupee at a new high as govt pushes for more reforms October 4, 2012

    Mumbai: The rupee rose to a fiveandahalfmonth high on Thursday, as the government looked set to push forward with more fiscal and economic reforms, sparking a rally in stocks that is expected to attract more foreign investor inflows. The Cabinet was due to meet on Thursday to approve bills that would...
  • CPI will oppose reforms, says MP Gurudas Dasgupta October 4, 2012

    CPI MP Gurudas Dasgupta has said that his party will opppose FDI in pension and insurance in Parliament. He said the government is on a suicidal path and is working at the behest of domestic and foreign capitalists. ...
  • Important reforms on UPA govt's agenda October 4, 2012

    New Delhi: Keeping with its promise that "reforms are here to stay", the UPA government is planning to introduce more reforms in the country. The latest being the 26 per cent FDI in pension and 46 per cent in insurance, which the Cabinet is expected to clear on Thursday. But...
  • UPA will give pension money to foreigners: Mamata October 4, 2012

    Kolkata: The Trinamool Congress has attacked the government over introducing foreign direct investment (FDI) in pension and increasing the FDI cap in insurance. The party led by West Bengal Chief Minister Mamata Banerjee has reiterated that it will oppose the move by the government in Parliament. Speaking to mediapersons, Trinamool Congress...
  • Pension FDI, hiking cap in insurance: Stand of parties October 4, 2012

    New Delhi: Even as the share markets surge ahead of Congressled United Progressive Alliance (UPA) Government's second round of reforms, the Opposition is getting ready to stymie the move. The UPA Cabinet is expected to clear 26 per cent foreign direct investment (FDI) in pension and raise the cap in...
  • DMK ministers cite prior engagement, may skip Cabinet meet October 4, 2012

    New Delhi: Key UPA ally, the DMK is unlikely to attend the Cabinet meeting on Thursday as the party is not keen on hiking FDI in insurance sector. DMK leaders have cited prior programmes as reason to skip the meeting. The Cabinet is expected to clear 26 per cent FDI...
  • Oppn up in arms as UPA prepares for more reforms October 4, 2012

    New Delhi: The Opposition is already up in arms against more reforms by the UPA government as the Cabinet is expected to clear 26 per cent FDI in pension and raise the cap in insurance to 49 per cent on Thursday. The Bharatiya Janata Party (BJP) is opposed to raising...
  • Cabinet set to approve, increase FDI in pension, insurance October 4, 2012

    New Delhi: The UPA government is set for a second push for Prime Minister Manmohan Singh's reform measures. The Cabinet is expected to clear 26 per cent FDI in pensions and 46 per cent in insurance on Thursday. Currently, no foreign investment is allowed in the pension sector and only...