Business | Sapna Das | Thursday May 10, 2012
India's Union Cabinet on Friday deferred a key insurance Bill. "The consideration of the Insurance Bill has been postponed," Finance Minister Pranab Mukherjee said after the Cabinet meeting. "A 26 per cent FDI (foreign direct investment) cap already exists, made no sense going ahead with the same cap," he said. However, the Cabinet cleared the Mic...
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