To give a push to reforms, the government may consider raising foreign direct investment limit in the insurance sector to 49 per cent from the existing 26 per cent.

The Cabinet will consider 49 per

Aditya Varma, a software engineer by profession, had begun married life a couple years ago and is blessed with a daughter. Joy has in no time been overtaken by the worries of securing his family finan

Lloyd's of London, Britain's 325-year-old insurance and reinsurance market, has unveiled a plan to substantially promote its business growth in emerging markets including India, China and Brazil.

The

The Reserve Bank has said there is a case for hiking FDI cap in insurance and some other sectors in view of India's growing integration with the global economy, if local economic and political scenari

Banking giant HSBC said on Wednesday it has agreed to sell its general-insurance businesses in Hong Kong, Singapore, Argentina and Mexico for around $914 million.

The move is part of the bank's strat

Indian insurance companies have borne a loss of over Rs 30,000 crore in 2011 due to different kinds of frauds, a study has claimed.

It cited collusion between the employees of insurers and private pe

The settling of LIC's claims through the National Electronic Funds Transfer (NEFT) system across four states in South India will take off in April, a senior official said.

The move is aimed at reduc

American International Group (AIG) has reported a net income of $19.8 billion in the fourth quarter of 2011, gaining about 77 per cent year-on-year thanks to a big tax benefit.

For the year 2011, the

Keeping in view the Assembly elections in the five states, including politically crucial Uttar Pradesh, the government is set to extend its olive branch to lakhs of rickshawpullers, taxi and auto driv

Marriages are made in heaven, but they can very well turn sour on this earth, by way of getting cancelled or not proving to be fruitful after being consummated.

Seeing a business opportunity here, th