24 Jul 2014
New Delhi: The Cabinet on Thursday approved 49 percent foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters..
25 Jul 2014
New Delhi: The Communist Party of India-Marxist (CPI-M) attacked the National Democratic Alliance (NDA) government over the cabinet decision to raise FDI cap in insurance sector to 49 percent, saying that the ruling party was implementing what it had previously objected to as an opposition.
18 Jul 2014
New Delhi: The Foreign Direct Investment (FDI) flows into India more than doubled to USD 3.60 billion in May, the highest in the last eight months. In May 2013, the country had received FDI worth USD 1.63 billion.
19 Jul 2014
Kochi: It would also help insurance companies to improve their technology, he added. Post liberalisation, the insurance industry has witnessed impressive growth with life business growing at a rate of 18.42 percent in the last 14 years, he said, adding that non-life insurance sector has seen a growth of 16.62 percent.
19 Jul 2014
Chennai: The Central Government's proposal to approve Foreign Direct Investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator's wings and also a face saving measure by the BJP, say insurance officials.
20 Jul 2014
New Delhi: Realty firm Logix group plans to raise Rs 250 crore from foreign investors for the development of its ongoing mixed-use commercial project in Noida.
05 Jun 2014
New Delhi: The government should not allow FDI in e-commerce retail as it would grant back-door entry to foreign players in the multi-brand retail which the ruling BJP has been opposing, retailers body CAIT has said.
15 Jul 2014
New Delhi: Retail inflation fell to 30-month low of 7.31 percent in June, mainly on account of lower prices of food items, including vegetables, cereals and meat.
27 May 2014
New Delhi: Reaffirming the BJP's stand on FDI in multi-brand retail, Commerce and Industry Minister Nirmala Sitharaman on Tuesday indicated that foreign players will not be allowed to open mega stores in the country as it may adversely impact the small traders and farmers.
10 Jul 2014
New Delhi: Attacking the NDA government for raising the FDI limit to 49 percent in the defence sector, former Defence Minister AK Antony on Thursday said that previous governments had overcome the "pressure tactics" of "lobbies" working for 100 percent FDI in the key area.