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 in pension and raise the cap in insurance to 49 per cent on Thursday. Currently, no foreign investment is allowed...
01:59 PM, Oct 04, 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 the FDI cap in insurance. The party has no objections with the 26 per cent cap, but is against raising...
01:40 PM, Oct 04, 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 26 per cent FDI is allowed in insurance. The move on FDI in pension will need Parliamentary ratification as insurance...
08:20 AM, Oct 04, 2012
