BJP says FDI cap hike a panic reaction, links it to FM's US visit; India Inc welcomes move
New Delhi: BJP on Wednesday decried the government decision to increase FDI cap in telecom and insurance sectors, dubbing it as 'panic reaction' at a time when the economy is going downhill and sough
Economic growth declines to 5.3 per cent in July-Sept quarter
The Indian economy grew by 5.3 per cent in the July-September period of the current financial year (2012-13), pulled down by poor performance of manufacturing and agriculture sectors, showing persiste
Jaya slams UPA second wave of reforms; terms it 'diversionary'
Tearing into the Centre's big ticket reforms, Tamil Nadu Chief Minister Jayalalithaa on Saturday described it as 'diversionary' to 'anaesthetise the mammoth corruption charges' against the UPA gover
Hike in insurance FDI limit may attract Rs 30k cr: IRDA
The increase in FDI limit in the insurance sector may attract Rs 30,000 crore that the industry requires over the next five years, Insurance Regulatory and Development Authority has said.
A day afte
Cabinet clears pension, insurance reform for parliament
The cabinet approved bills for foreign investment in insurance and pensions on Thursday in the latest move by Prime Minister Manmohan Singh to restore confidence in the flagging economy, but the refor
BJP wants conditions for FDI in insurance, pension
In the wake of reforms announced by the government in insurance and pension sectors, BJP on Thursday said while it is not opposed to more FDI in these areas certain caveats and conditions should be
Re rebounds to 51-mark after 5-1/2 months; ends 42 paise up at 51.74
The rupee on Thursday bounced back to 51-level after five-and-a-half months by gaining 42 paise to close at 51.74 against the US dollar stocks amid hopes that the Cabinet will clear the next wave of
Cabinet set to approve pension, insurance bills
Unfazed by the uproar over decision on FDI in retail, the government is determined to give a push to reforms, with the Union Cabinet set to consider on Thursday big-ticket measures like opening pensio
Better regulation for health care industry needed: IRDA chief
Insurance Regulatory Development Authority (IRDA) chairman J. Harinarayan on Saturday pitched for an effective system of regulation and management of the medical care industry.
"The other area which
Reliance Life eyes Rs 6,100 crore premium, 10% growth in fiscal 2013
Leading private sector insurer Reliance Life is targeting a total premium income of Rs 6,100 crore and over 10 per cent growth in the current financial year, a top company official said.
Reliance Li