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BJP says FDI cap hike a panic reaction, links it to FM's US visit; India Inc welcomes move

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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

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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'

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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

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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

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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

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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

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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

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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

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.