Fdi Limit In Insurance
- All
- News
- Videos
-
FDI Limit In Insurance Sector Under Automatic Route Increased To 75%
Department for Promotion of Industry and Internal Trade (DPIIT) notified the government's decision to increase the foreign direct investment limit in the insurance sector under the automatic route to 75 per cent from 49 per cent earlier.
-
Lok Sabha Passes Bill To Raise Foreign Investment In Insurance To 74%
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.
-
Bill To Increase Foreign Investment To 74% Moved In Lok Sabha
Finance Minister Nirmala Sitharaman said on Monday that raising the FDI limit in the insurance sector to 74 per cent was necessary to help insurers deal with issues concerning financial stress.
-
Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
-
Budget 2021 Highlights: Improved Healthcare, Better Infra, Bank Privatisation
Union Budget 2021: Finance minister Nirmala Sitharaman doubled healthcare spending to Rs 2,23,846 crore and set aside Rs 35,000 crore for developing two Covid vaccines
-
Budget 2021: FDI Limit In Insurance Hiked To 74%
Union Budget 2021: The Insurance Act 1938 will be amended to "increase the permissible FDI limit from 49 per cent to 74 per cent in insurance companies and allow foreign ownership and control with safeguards," the finance minister said
-
Rs 60,000 Crore Inflow Likely in 5 Years to Insurance Sector: SBI
"The FDI limit hike could result in inflows of Rs 40,000 crore to Rs 60,000 crore over five years and immediate inflows of around Rs 20,000 crore," the report stated.
-
FDI Insurance Rules Could Have Been Simpler: Industry
The government seems to have overstepped its boundary on extending foreign direct investment (FDI) limits for insurance intermediaries, industry experts say.
-
Insurance to Attract up to Rs 50,000 Crore Foreign Investments: Report
A proposed hike in foreign investment limit to 49 per cent in the insurance sector has potential to attract up to $7-8 billion (about Rs 50,000 crore) from overseas investors, giving a major boost to the segment.
-
How Higher Insurance FDI Limit Could Benefit You
The Cabinet has cleared the Insurance Laws (Amendment) Bill and it will be subsequently introduced in the current session of Parliament. The Bill aims to raise the foreign direct investment in insurance sector to 49 per cent, from the current level of 26 per cent.
-
Standard Chartered Sees FDI Proposals Strengthening Rupee
The first Budget of the Narendra Modi government hiked foreign direct investment limit in insurance and defence sectors to 49 per cent from 26 per cent.
-
Budget 2014: Government to Raise Foreign Investment Limit in Insurance
The government plans to nearly double the proportion of foreign investment allowed in the $60-billion (Rs 3.6 lakh crore at 1 dollar = 60 rupees) insurance business to 49 per cent, a potential lifeline for a sector starved of capital and squeezed by regulations.
-
Budget 2014: FDI Limit in Defence, Insurance Hiked to 49%
Foreign direct investment (FDI) in defence manufacturing has been hiked from 26 per cent to 49 per cent. The ownership of such joint ventures will stay with Indian companies, Mr Jaitley said.
-
Max India Jumps 13% on Insurance FDI Hike Buzz
Shares in insurance companies surged on hopes that the new government may raise foreign direct investment limit in the sector to 49 per cent from 26 per cent, multiple dealers said.
-
'Relaxing FDI norms show reforms underway to boost growth'
A high-level meeting, chaired by Prime Minister Manmohan Singh, today approved raising FDI limit in the telecom sector to 100 per cent. In insurance, it raised the sectoral FDI cap from 26 per cent to 49 per cent under the automatic route.
-
FDI Limit In Insurance Sector Under Automatic Route Increased To 75%
Department for Promotion of Industry and Internal Trade (DPIIT) notified the government's decision to increase the foreign direct investment limit in the insurance sector under the automatic route to 75 per cent from 49 per cent earlier.
-
Lok Sabha Passes Bill To Raise Foreign Investment In Insurance To 74%
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.
-
Bill To Increase Foreign Investment To 74% Moved In Lok Sabha
Finance Minister Nirmala Sitharaman said on Monday that raising the FDI limit in the insurance sector to 74 per cent was necessary to help insurers deal with issues concerning financial stress.
-
Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
-
Budget 2021 Highlights: Improved Healthcare, Better Infra, Bank Privatisation
Union Budget 2021: Finance minister Nirmala Sitharaman doubled healthcare spending to Rs 2,23,846 crore and set aside Rs 35,000 crore for developing two Covid vaccines
-
Budget 2021: FDI Limit In Insurance Hiked To 74%
Union Budget 2021: The Insurance Act 1938 will be amended to "increase the permissible FDI limit from 49 per cent to 74 per cent in insurance companies and allow foreign ownership and control with safeguards," the finance minister said
-
Rs 60,000 Crore Inflow Likely in 5 Years to Insurance Sector: SBI
"The FDI limit hike could result in inflows of Rs 40,000 crore to Rs 60,000 crore over five years and immediate inflows of around Rs 20,000 crore," the report stated.
-
FDI Insurance Rules Could Have Been Simpler: Industry
The government seems to have overstepped its boundary on extending foreign direct investment (FDI) limits for insurance intermediaries, industry experts say.
-
Insurance to Attract up to Rs 50,000 Crore Foreign Investments: Report
A proposed hike in foreign investment limit to 49 per cent in the insurance sector has potential to attract up to $7-8 billion (about Rs 50,000 crore) from overseas investors, giving a major boost to the segment.
-
How Higher Insurance FDI Limit Could Benefit You
The Cabinet has cleared the Insurance Laws (Amendment) Bill and it will be subsequently introduced in the current session of Parliament. The Bill aims to raise the foreign direct investment in insurance sector to 49 per cent, from the current level of 26 per cent.
-
Standard Chartered Sees FDI Proposals Strengthening Rupee
The first Budget of the Narendra Modi government hiked foreign direct investment limit in insurance and defence sectors to 49 per cent from 26 per cent.
-
Budget 2014: Government to Raise Foreign Investment Limit in Insurance
The government plans to nearly double the proportion of foreign investment allowed in the $60-billion (Rs 3.6 lakh crore at 1 dollar = 60 rupees) insurance business to 49 per cent, a potential lifeline for a sector starved of capital and squeezed by regulations.
-
Budget 2014: FDI Limit in Defence, Insurance Hiked to 49%
Foreign direct investment (FDI) in defence manufacturing has been hiked from 26 per cent to 49 per cent. The ownership of such joint ventures will stay with Indian companies, Mr Jaitley said.
-
Max India Jumps 13% on Insurance FDI Hike Buzz
Shares in insurance companies surged on hopes that the new government may raise foreign direct investment limit in the sector to 49 per cent from 26 per cent, multiple dealers said.
-
'Relaxing FDI norms show reforms underway to boost growth'
A high-level meeting, chaired by Prime Minister Manmohan Singh, today approved raising FDI limit in the telecom sector to 100 per cent. In insurance, it raised the sectoral FDI cap from 26 per cent to 49 per cent under the automatic route.
