Insurance Bill

Govt invokes Sachin, Kohli to bat for Insurance bill in Rajya Sabha

The government on Thursday invoked names of cricket legend Sachin Tendulkar and Virat Kohli to bat in Rajya Sabha for Insurance Bill, which provides for raising the foreign investment cap to 49 percent from 26 percent.

R-Cap to begin talks with foreign partners for insurance biz

Expecting the passage of Insurance Bill to bring in $8-10 billion of foreign capital into the industry, Reliance Capital on Thursday said it would soon begin talks with foreign partners for its insurance ventures.

Rajya Sabha to vote on Modi's insurance bill

Prime Minister Narendra Modi faced a final vote on plans to open up the insurance sector to foreign companies, amid indications that parliament would pass what would be his first major economic reform.

BJP sweats over fate of ordinances in RS: Will PM Modi pay for insulting opposition?

The ruling BJP benches are toiling hard to find suitable ways to deal with the turbulence that might erupt on Monday.

Govt introduces Insurance Bill in Lok Sabha despite Left, TMC uniting to oppose it

The bill seeks to amend the Insurance Act, 1938 and the General Insurance Business (Nationalisation) Act 1972 and the Insurance Regulatory and Development Authority Act, 1999.

Budget session: Coal bill may pass, but land bill may be beaten out of shape

Despite strenuous efforts by the Modi government to keep lines of communication open to the opposition and help it passing crucial reform bills, the chances are the land acquisition law will be mangled out of shape before being passed.

PM Modi faces torrid Budget Session, he needs backup plans to get laws through

With the opposition spoiling for a fight, the Modi government has a tough fight on its hands to get its various ordinances through. To negotiate this opposition, it will need to be both smart and flexible. It needs a Plan B and a Plan C.

May opt for Joint Parliament session if insurance reforms delayed, says Jaitley

Regarding the ordinance that hikes the FDI cap from 26 percent to 49 percent in the insurance sector, Jaitley said it was done to "drive home a point that decisions cannot be held on account of disruptions in Parliament".

After President Mukherjee's objection, ministers meet to brainstorm on Ordinance route

The government has issued at least eight Ordinances including one on raising the FDI limit in the insurance sector from 26 percent to 49 percent and e-auctioning of coal mines.

More investments, low oil prices could lift India's FY16 GDP growth: HSBC

India's GDP growth momentum remains weak as stalled investments have kept resources locked up but it is likely to pick up from the next fiscal, said an HSBC report.