FDI LIMIT

  • Insurance Bill likely to be taken up for discussion in Rajya Sabha on Monday July 31, 2014

    New Delhi: The Rajya Sabha is likely to take up for discussion on Monday the Insurance Bill which seeks to hike foreign investment cap in the sector to 49 per cent with a rider that management control remains with Indian promoters. "Insurance Bill is likely to be taken up for discussion...
  • Parliamentary panel recommends enhancing FDI limit April 30, 2013

    New Delhi: Rejecting the Defence Ministry's view on foreign direct investment, a Parliamentary committee has recommended enhancement in FDI limit to attract foreign companies as it would benefit the Indian defence sector in the long run and save precious foreign exchange. The Standing Committee on Defence took note of the...
  • India, UK 'insure' ties | Left out January 19, 2007

    New Delhi: The UPA government plans to open up the insurance sector by increasing the foreign direct investment levels from 26 per cent to 49 per cent. The British Chancellor of the Exchequer, Gordon Brown said that Finance Minister P Chidambaram has given him this assurance. ''Mr Chidambaram indicated to me...