INSURANCE

  • Centre to take ordinance route to effect changes in Land Acquisition Act Yesterday

    New Delhi: After yet another winter session of Parliament was washed out, wherein the Narendra Modi government failed to pass crucial economic reforms, it is now planning the ordinance route to make changes to the Land Acquisition Act. The government plans to exclude 13 central laws to clear several infrastructure and...
  • Bullet News: Catch the day's top stories 4 days ago

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Karma Paljor 4 days ago

    Catch the day's top stories with Karma Paljor on India @ 9. ...
  • News 360: Bharat Ratna announced; Vajpayee, Malaviya honoured 4 days ago

    President Pranab Mukherjee on Wednesday approved the government's request to award Bharat Ratna to former prime minister Atal Bihari Vajpayee and educationist Pandit Madan Mohan Malaviya. The announcement was made just a day before Vajpayee's 90th birthday. ...
  • Cabinet approves ordinances for coal auction, insurance reforms 4 days ago

    New Delhi: After failing to pass the Insurance Bill as a result of repeated disruptions in the Winter session of Parliament, the government has cleared an ordinance to raise the cap of Foreign Direct Investment (FDI) in the Insurance sector. The Union Cabinet has also cleared the ordinance for implementation...
  • Political obstruction makes PM Modi's road to reform a rocky one 4 days ago

    New Delhi: Parliamentary obstruction scuppered Prime Minister Narendra Modi's economic agenda in a month-long session that ended on Tuesday, and the prospect of further deadlock means he will find it hard to deliver quickly on promises of reform. Lawmakers left without voting on a long-delayed Bill to raise the cap on...
  • Opposition parties harming people's interests by blocking Bills: Naidu 6 days ago

    New Delhi: Hitting out at opposition parties, Union Minister M Venkaiah Naidu on Monday said they were raising the conversion issue to derail the Narendra Modi government's agenda of development and good governance and accused them of "blocking" important Bills in Parliament. After the opposition parties stalled proceedings in Parliament, Naidu...
  • Tihar inmates to get life insurance cover under Jan Dhan Yojna 1 week ago

    New Delhi: Inmates of Delhi's high-security Tihar jail will soon get life and accidental insurance cover as the prison administration, in collaboration with Indian Bank, has decided to get their accounts opened under the Jan Dhan Yojna. As per the scheme, the inmates will come under accidental insurance cover of Rs...
  • Two days left in winter session, fate of Insurance, Coal Bills hang in balance December 20, 2014

    New Delhi: With only two working days left in the winter session of Parliament, the fate of the government's economic reform agenda, particularly the Insurance Bill and the Coal Bill, hangs in balance in view of strong opposition by some parties. The Insurance Bill, which provides for raising FDI cap from...
  • PM Modi may order insurance, coal reforms if vote delayed: officials December 20, 2014

    New Delhi: Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious Parliament fails to pass them soon, two government officials said. Bitter and sometimes sectarian disputes between ruling party and opposition lawmakers have held up a...
  • Will not allow political obstructionism to stop Insurance Bill: Arun Jaitley December 20, 2014

    New Delhi: A day after introducing the long-pending GST Bill in the Lok Sabha, Finance Minister Arun Jaitley on Saturday said the government is "extremely determined" to push insurance sector reforms and will not allow political obstructionism to stop it. "The government is extremely determined to go ahead with this (insurance...
  • Delhi HC orders free liver transplant for poverty-stricken 10-year-old boy December 20, 2014

    New Delhi: The Delhi High Court on Friday directed the Institute of Liver and Biliary Sciences (ILBS) to immediately commence free treatment of a 10-year-old patient who urgently needs a liver transplant. Justice Vibhu Bakhru also directed Employee's State Insurance Corporation (ESIC) to consider the case of the kid for grant...
  • Live: Lok Sabha passes Companies Amendment Bill December 17, 2014

    A crucial day for the Narendra Modi government in Parliament on Wednesday as Finance Minister Arun Jaitley will present Insurance Amendment Bill for consideration and passing in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. ...
  • Arun Jaitley to present Insurance Amendment Bill in Rajya Sabha today December 17, 2014

    New Delhi: A crucial day for the Narendra Modi government in Parliament on Wednesday as Finance Minister Arun Jaitley will present Insurance Amendment Bill for consideration and passing in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. The passing of...
  • Live: Rajya Sabha adjourned for the day over religious conversion issue December 16, 2014

    The opposition parties in Parliament take up the issue of alleged forced conversion and demand a statement by Prime Minister Narendra Modi. The NDA government will table the Insurance Amendment Bill in Rajya Sabha, the major reform by the Modi government. ...
  • Crucial day for Modi government in Parliament as it will table Insurance Amendment Bill today December 16, 2014

    New Delhi: A crucial day for the Narendra Modi government in Parliament on Tuesday as it will push for the big reform measure by tabling Insurance Amendment Bill in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. The passing of...
  • Cabinet approves Insurance Bill, Rajya Sabha may take up next week December 10, 2014

    New Delhi: The Cabinet on Wednesday night approved the insurance amendment bill with a composite foreign investment cap of 49 per cent for presenting it in Parliament, incorporating the changes suggested by a House panel. The Cabinet, headed by Prime Minister Narendra Modi, approved incorporation of amendments suggested by a Parliamentary...
  • Parliamentary committee recommends 49 per cent cap on foreign investment in insurance December 10, 2014

    New Delhi: A Parliamentary Committee has recommended a composite cap of 49 per cent on foreign investment in insurance in a report tabled in Rajya Sabha on Wednesday. The Select Committee report said that the cap on foreign investment in insurance include foreign direct investment and foreign portfolio investments. The Congress has...
  • Live: Uproar in Lok Sabha over objectionable remarks by TMC leader Kalyan Banerjee against PM Modi December 10, 2014

    After a delay of almost seven years, the legislative approval to hike foreign direct investment in insurance sector from 26 per cent to 49 per cent may finally come from Parliament. The Select Committee on the Insurance Bill will submit its report to the Rajya Sabha on Wednesday. ...
  • Backed by Congress, Select Committee to submit report on Insurance Bill in Rajya Sabha today December 10, 2014

    New Delhi: After a delay of almost seven years, the legislative approval to hike foreign direct investment in insurance sector from 26 per cent to 49 per cent may finally come from Parliament. The Select Committee on the Insurance Bill will submit its report to the Rajya Sabha on Wednesday. The...
  • The Insurance Bill is anti-people: TMC leader Derek O'Brien December 9, 2014

    In an interview with CNN-IBN, TMC leader Derek O'Brien said that the Insurance Bill was anti-people. "We will keep fighting against the Insurance Bill," he said. ...
  • Congress gives a go ahead to Insurance Bill in Select Committee: sources December 9, 2014

    New Delhi: In a boost to the Narendra Modi government's reform agenda, the Congress has given a go-ahead to the Insurance Bill in the Select Committee, said sources. The government has proposed to hike foreign direct investment from 26 per cent to 49 per cent in the insurance sector. The Left...
  • Select Committee adopts draft report on Insurance Bill, Congress in favour December 8, 2014

    New Delhi: The Select Committee looking into the Insurance Bill on Monday adopted a draft report with a majority of members giving a nod to it. According to sources, at least 11 out of the 15 members agreed to the report by the Chandan Mitra headed committee. The report is likely to...
  • Congress-BJP gap over Insurance Bill narrows down December 2, 2014

    New Delhi: The differences between Congress and Bharatiya Janata Party have narrowed over proposed amendments in Insurance bill and clause by clause discussion is taking place in the Select Committee, the sources said. According to the sources, a draft report of the Insurance laws amendment bill to be circulated on December...
  • BJP MP Chandan Mitra confident of passing bills listed for winter session November 25, 2014

    Despite the ruckus, BJP MP Chandan Mitra, who is the head of the Select Committee on insurance, said that he was confident of passing bills listed for the winter session. Mitra said, "I am confident of finishing the work by the stipulated time. The demands of TMC leaders of not...
  • Rajya Sabha extends deadline for Select Committee on Insurance Bill by December 12 November 25, 2014

    New Delhi: Rajya Sabha on Tuesday extended deadline for the Select Committee on the Insurance Amendment Bill and asked it to submit the report by December 12. According to the amendment, the foreign direct investment will be hiked from 26 per cent to 49 per cent. The Opposition parties raised questions...
  • Congress signals it could back Modi's insurance reform plan November 25, 2014

    New Delhi: The main opposition Congress party signalled on Monday it could support government legislation to liberalise the insurance industry, a long-delayed reform expected to help improve investor confidence. Prime Minister Narendra Modi proposed in August to lift the cap on foreign investment in insurance ventures from 26 per cent to...
  • Live: Congress running away from debate on black money, says Ravi Shankar Prasad November 25, 2014

    The winter session of Parliament will have its first working day on Tuesday as it was adjourned on Monday post obituary references. The Narendra Modi government which is aiming to introduce and take up 37 bills is all set to face opposition over the Insurance Bill. After Trinamool Congress, BJP's...
  • Winter session's 1st working day today, Centre to face opposition on Insurance Bill in Parliament November 25, 2014

    New Delhi: The winter session of Parliament will have its first working day on Tuesday as it was adjourned on Monday post obituary references. The Narendra Modi government which is aiming to introduce and take up 37 bills is all set to face opposition over the Insurance Bill. After Trinamool Congress,...
  • Shiv Sena puts forward conditions on support to FDI in Insurance Bill November 24, 2014

    New Delhi: After announcing its support to the BJP-led NDA government at the Centre, Shiv Sena has put forward conditions on its support for the passage of FDI in Insurance Bill. The party has said that it will oppose the Insurance Bill if amendments to help employees and farmers are not...