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December 11, 2014 7:53 AM

Cabinet clears bill to increase 49% FDI in insurance sector

The Cabinet has approved official Amendments to the Insurance Laws (Amendment) Bill, 2008 and its introduction in the Rajya Sabha. The decision was taken at a Cabinet meeting chaired by the Prime Minister Narendra Modi in New Delhi yesterday. The Bill is aimed at removing archaic and redundant provi...

December 11, 2014 7:39 AM

Vladimir Putin in New Delhi to attend 15th India-Russia annual summit

Russian President Vladimir Putin arrived in New Delhi last night on a two-day visit to India to attend the 15th India-Russia annual summit. President Putin will hold detailed talks with Prime Minister Narendra Modi, both in the restricted and delegation format, today. The summit is a significant mil...

December 11, 2014 7:38 AM

Cabinet clears bill to increase 49% FDI in insurance sector

The Cabinet has approved official Amendments to the Insurance Laws (Amendment) Bill, 2008 and its introduction in the Rajya Sabha. The decision was taken at a Cabinet meeting chaired by the Prime Minister Narendra Modi in New Delhi yesterday. The Bill is aimed at removing archaic and redundant provi...

December 10, 2014 9:31 PM

Select panel on Insurance bill suggests 49% cap on foreign investment

The Select Committee on the Insurance Laws (Amendment) Bill, 2008 has recommended a composite cap of 49 per cent on foreign investment in insurance. This will include all forms of FDI and foreign portfolio investments. At present the Foreign Direct Investment limit in the sector is 26 per cent. The ...

December 10, 2014 8:59 PM

Select panel on Insurance bill suggests 49% cap on foreign investment

The Select Committee on the Insurance Laws (Amendment) Bill, 2008 has recommended a cap of 49 per cent on foreign investment in insurance. This will include all forms of FDI and foreign portfolio investments. At present the Foreign Direct Investment limit in the sector is 26 per cent. The report tab...

December 10, 2014 8:58 PM

UP: FIR registered in religious conversion incident in Agra

In Uttar Pradesh, the police has registered an FIR at Agra against one Nand Kishor of Dharm Jagran Manch, for allegedly converting around 2?50 Muslims belonging to sixty families to Hindu religion. ?The police sources said the FIR has been lodged for fraudulently inducing people to change their fait...

December 10, 2014 7:40 PM

Kailash Satyarthi, Malala receive Nobel Peace Prize at Oslo

Nobel Peace Prize has formally been conferred upon India's Kailash Satyarthi and Pakistan's Malala Yousafzai for their works in the field of child rights and children education at a ceremony in Oslo, Norway.Earlier, speaking at a joint press conference with Malala on the eve of the award c...

December 10, 2014 6:37 PM

Kailash Satyarthi, Malala receive Nobel Peace Prize at Oslo

Nobel Peace Prize has formally been conferred upon India's Kailash Satyarthi and Pakistan's Malala Yousafzai for their works in the field of child rights and children education at a ceremony in Oslo, Norway. Earlier, speaking at a joint press conference with Malala on the eve of the award ...

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