FDI in insurance

Despite losses, insurance industry attracts investments: IRDA

The insurance watchdog said the FDI limit will be fixed by the government and the IRDA's job is to ensure that regulations are followed by the companies.

Sep 03, 2014, 16:21 PM IST

FM hopeful of Parliament nod on Insurance Bill by year-end

Finance Minister Arun Jaitley on Tuesday expressed hope that long-pending Insurance Bill seeking to hike FDI cap to 49 percent will be passed by Parliament by the end of this year.

Aug 26, 2014, 15:41 PM IST

Insurance Bill sent to Select Committee of Rajya Sabha

Giving in to opposition pressure, the government on Thursday referred the controversial Insurance Bill to the Select Committee of Rajya Sabha.

Aug 14, 2014, 13:11 PM IST

Insurance Bill referred to Select Committee of Rajya Sabha

Bowing to opposition pressure, the government has referred the controversial Insurance Bill to a Select Committee of Rajya Sabha, which will have 15 members.

Aug 14, 2014, 12:37 PM IST

Insurance Bill: Govt bows to oppn demand for select panel

With a view to gaining support, the government has made it clear that it is amenable to amendments in the bill.

Aug 13, 2014, 23:20 PM IST

Insurance Bill likely to be soon referred to Select Committee

The bill, which proposes hike in FDI in insurance sector to 49 per cent, has been caught in a logjam with Congress-led Opposition insisting on referring it to a Select Committee.

Aug 13, 2014, 00:15 AM IST

Insurance Bill unlikely to come in current session

Government sources said there was no forward movement on the Bill and one Minister remarked that there was "no assurance on insurance".

Aug 07, 2014, 21:02 PM IST

Congress stonewalling Insurance Bill to deny Modi credit: Govt

Rejecting the demand for referring Insurance Bill to a Select Committee, the government on Thursday said the Congress was 'stonewalling' the key reform measure to deny credit to Prime Minister Narendra Modi before he goes to the US.

Aug 07, 2014, 17:59 PM IST

Government to take final call on Insurance Bill today?

The Insurance Laws Amendment Bill was introduced in the Rajya Sabha in 2008.

Aug 07, 2014, 09:21 AM IST

RSS-linked trade union opposes FDI in insurance, threatens stir

The government's headache over the controversial Insurance Bill grew Tuesday as RSS-linked Bharatiya Mazdoor Sangh threatened to go on a strike along with other trade unions opposing the legislation allowing 49 percent FDI in insurance sector.

Aug 06, 2014, 13:37 PM IST

No all party meeting on Insurance Bill today

The government is waiting for Congress response which has been given two days to reply, as per sources.

Aug 06, 2014, 09:03 AM IST

Insurance Bill further delayed, informal talks on

As the Opposition stuck to its stand, government sought their cooperation for passage of the "most progressive reform" at a time when penetration of insurance was very low.

Aug 05, 2014, 21:01 PM IST

Govt ready for minor modifications in insurance Bill: Jaitley

Reaching out to Congress, Finance Minister Arun Jaitley on Monday said the government is open to minor modifications in insurance Bill for its passage in the current session of Parliament.

Aug 05, 2014, 00:32 AM IST

Insurance bill: No breakthrough in all-party meeting

Jaitley told the Congress and other parties that they should either cooperate in getting the Bill passed or reject it outright and not play politics on the issue of economic reforms.

Aug 04, 2014, 16:15 PM IST

All-party meet on Insurance Bill fails to iron out differences

Leaders agreed to hold a fresh round of consultations in the next two days as the brief meeting in Parliament House remained inconclusive.

Aug 04, 2014, 11:06 AM IST

Govt initiates efforts for consensus on Insurance Bill

Finance Minister Arun Jaitley and Parliamentary Affairs Minister M Venkaiah Naidu are meeting the leaders in the wake of nine opposition parties giving a notice to Rajya Sabha Chairman Hamid Ansari for referring the bill to a Select Committee.

Aug 04, 2014, 10:33 AM IST

All party meeting on Insurance Bill inconclusive; parties to meet again in next two days

NCP leader Praful Patel on Monday said that the all party meeting on Insurance Bill was inconclusive. Also, the parties will meet again in the next two days to discuss the possible formulation of the bill.

Aug 04, 2014, 09:59 AM IST

Govt defers plans to move Insurance Bill in RS today, tries backchannel talks

The Insurance Laws (Amendment) Bill, the NDA government's first major reform initiative, will not be taken up for discussion in the Rajya Sabha on Monday.

Aug 04, 2014, 06:14 AM IST

BJD to support Insurance Bill

In a boost to the government, Biju Janata Dal today said it will support the Insurance Bill which will be moved in the Rajya Sabha on Monday.

Aug 02, 2014, 21:06 PM IST

Insurance Bill: 9 parties want it to be sent to Select Committee

Uncertainty loomed over immediate passage of the Insurance Bill, Modi government's first major reform initiative to raise FDI cap in the sector to 49 percent, with nine parties including the Congress giving notice in Rajya Sabha for referring the bill to Select Committee.

Aug 01, 2014, 19:04 PM IST