 "Cabinet approves 26% FDI in pension sector, say sources")
The cabinet has approved foreign direct investment of up to 26 percent in the pension sector, a government source told Reuters on Wednesday.
The limit will be part of the Pension Fund Regulatory and Development Authority bill that will be considered by parliament in the winter session which starts next week.
A parliament nod is needed to enact this into law.
Advertisement
Reuters
 "This Week in Explainers: Will recession in UK, Japan hit daily living?")
 "FirstUp: Nitish Kumar to seek trust vote, RLD to formally join NDA… The big stories today")
 "This Week in Explainers: What Uttarakhand’s Uniform Civil Code means for live-in couples")
 "India-EFTA close to finalise $100 bln trade agreement deal")
 "This Week in Explainers: Will recession in UK, Japan hit daily living?")
 "FirstUp: Nitish Kumar to seek trust vote, RLD to formally join NDA… The big stories today")
 "This Week in Explainers: What Uttarakhand’s Uniform Civil Code means for live-in couples")
 "India-EFTA close to finalise $100 bln trade agreement deal")