Fdi Vote

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  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.

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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.

• FDI in Insurance Likely to be Hiked to 49%: Report

  The Finance Ministry now proposes an amendment to the Bill, pending since 2008, by capping voting rights of the foreign partner to 26 per cent even as FDI is raised to 49 per cent, sources said.

• Government Looking at Raising FDI Cap in Insurance: Report

  Finance Ministry is contemplating raising foreign direct investment cap in insurance sector from 26 per cent to 49 per cent with some riders like restriction on voting right.

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  BJP manifesto says no to FDI in multi-brand retail: top 10 points

  The BJP today released its much-delayed manifesto on a day India began voting for a new government in the first of a nine-phase general election spread over 36 days. "Ek Bharat, Shreshtha Bharat" (One India, great India) and "Sabka Saath, Sabka Vikaas" are the main slogans of the 52-page manifesto.

• BJP will roll back FDI in retail if voted to power: Rajnath Singh

  The BJP national president Rajnath Singh today reiterated that the party would reverse the UPA government's decision to allow FDI in retail if voted to power in the general elections in 2014.

• Retired judge to head inquiry into Wal-Mart lobbying

  A retired judge will head an inquiry to determine whether government officials were bribed to help retail giant Wal-Mart gain access to Indian markets.

• Promotion quota bill: what it is about

  Finding itself in a "complex" situation, the Congress is doing a fine balancing act in trying to resolve the Rajya Sabha deadlock over the bill on reservations for the Scheduled Castes and the Scheduled Tribes (SC/ST) in job promotions and says it hopes for a positive result. The bill is possibly the next acid test for the government with the Samaj...

• After FDI, quota war now threatens to stall Parliament

  The portents of a Mayawati-Mulayam clash holding up Parliament proceedings over a "quota in promotions bill" were clear even as the two UP powerhouses played their parts in the retail FDI script to help the government win a crucial vote in both Houses last week.

• TDP Rajya Sabha member quits after row over absence during vote on FDI

  One of three Rajya Sabha members of the Telugu Desam Party (TDP), who were absent during the vote on the FDI Bill in the parliament, sent his resignation to party president N Chandrababu Naidu on Sunday.

• Rebel JD(U) MP who voted in favour of FDI in Rajya Sabha, quits party and post

  Rebel Janta Dal (United) leader Upendra Kushwaha, who voted in favour of FDI in multi-brand retail against the party stand in Rajya Sabha, today announced that he would resign as Member of Parlieament and also from the party.

• Our notice for floor test on FDI exposed Mayawati, Mulayam Singh: BJP

  After the Opposition lost the vote on FDI in multi-brand retail in both Houses of Parliament, the BJP today claimed it gave the notice for a debate and voting against the Centre's move to expose arch-rivals Samajwadi Party and Bahujan Samaj Party, which were against foreign investment in the retail sector.

• TDP shocked after MPs abstain from Rajya Sabha vote on FDI

  The Telugu Desam Party (TDP) is shocked after three of its MPs - T Devender Goud, Y Satyanarayana Choudary and Gundu Sudha Rani - abstained from voting on the AIADMK motion against foreign direct investment (FDI) in Rajya Sabha yesterday evening.

• FDI to bring new technology in agriculture, says Prime Minister

  A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers.

• More bills to be introduced in Parliament in coming session: Minister

  Buoyed by government winning the FDI vote in Parliament, more bills were likely to be introduced in the coming session covering Banking, Insurance and Pension sectors, Union Minister of state in Prime Ministers Office (PMO) V Narayanasamy said today.