Fdi Rajya Sabha

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  $13 Billion Foreign Fund Inflows In Alternative Energy Sector

  FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha

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  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.

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  Government Eases Foreign Investment Norms in 15 Sectors Including Mining, Defence

  Ahead of Prime Minister Narendra Modi's visit to the UK, the government has eased foreign direct investment norms in 15 major sectors in a bid to drum up investment and speed growth and also counter allegations that the PM's reforms drive is slowing.

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  Why Insurance FDI Hike is a Big Win for PM Modi

  The passage of the insurance bill in Rajya Sabha is being hailed as a major win for the nine-month old Narendra Modi government. Foreign companies will now be able to buy up to 49 per cent stake in domestic insurance companies.

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  PM Modi's First Major Reform Gets Parliament Nod, Congress Helps Pass Insurance Bill

  Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as Parliament voted late on Thursday to allow more foreign investment in the insurance sector.

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  Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities

  A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.

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  Government's Bills Face Great Wall of Rajya Sabha

  On Tuesday, when the Lok Sabha passed the controversial land bill, the Congress and some other opposition parties were not present in the House. They had walked out, signalling to the government that they are united in their resolve to not let its key reforms pass the Rajya Sabha test.

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  Bringing Back Black Money Complex Issue: BJP President Amit Shah

  Under attack on the black money issue, BJP President Amit Shah today said government has taken a number of steps and disclosed 700 names to the SIT even though it is a "complex" issue with international treaties coming in the way of acting against offenders.

• Won't Let Political Obstructionism Stop Insurance Reform: Arun Jaitley

  The minister regretted that although the Insurance Bill, which seeks to raise FDI cap from 26 per cent to 49 per cent, was approved by standing committee of Parliament and Select Committee of Rajya Sabha, "political obstructionism is being used to ensure it does not come on the agenda of Parliament."

• Cabinet Approves Insurance Bill, Rajya Sabha May Take Up Next Week

  The Cabinet approved late on Wednesday 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.

• Parliamentary Panel Gives Recommendations on Insurance Bill

  Paving the way for the long pending Insurance Bill to be placed in the Rajya Sabha, the Parliamentary Select Committee has given its recommendations on amendments to the Insurance Act that seek to raise foreign direct investment or FDI cap to 49 per cent.

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  Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee

  Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.

• Insurance Bill Likely to be Discussed in Rajya Sabha on Monday

  The Narendra Modi government's first big reform - the Insurance Amendment Bill - is now expected to come up in the Rajya Sabha on Monday. The government is trying to talk opposition parties into supporting it.

• Finance Minister expresses disappointment over non-passage of key economic bills

  The Insurance Bill that seeks to raise FDI in insurance sector to 49 per cent has been pending in Rajya Sabha since 2008. The Standing Committee, to which it was referred earlier, has already given its report to the Parliament.

• Hamid Ansari calls rules committee meeting to break Rajya Sabha deadlock

  Rajya Sabha Chairman Hamid Ansari has called for a meeting of the Rules Committee today to try and get the House to function again and conduct the Question Hour smoothly. After many days were lost to the deadlock over Foreign Direct Investment (FDI) in multi-brand retail till last week, parties are now disrupting proceedings over the Wal-Mart lobby...