Insurance sector eyes FDI worth billions in new year
Finance Minister Arun Jaitley has expressed hope that hiking of the foreign investment cap in the insurance sector to 49 percent, which has been pending since 2008, will result in capital inflow of USD 6-8 billion.
Dec 29, 2014, 12:11 PM ISTPresident signs ordinances for coal auction, insurance reforms
President Pranab Mukherjee on Friday signed the ordinances moved by the government on raising FDI in insurance sector and facilitating e-auction of coal blocks.
Dec 26, 2014, 14:35 PM IST