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Foreign insurers may now tap Indian mkt without alliances
December 13, 2025
|Financial Express Kolkata
OPEN ACCESS
THE UNION CABINET on Friday approved a Bill to raise the FDI limit in the insurance sector from 74% to 100% to unlock the sector's full potential by attracting more stable foreign capital and technology, eliminating the need for mandatory Indian joint venture partners and ultimately boosting national insurance penetration.
The Insurance Laws (Amendment) Bill, 2025, will likely be introduced in Parliament on Monday for approval.
The Bill will also relax the current guardrails and conditionalities on the repatriation of dividends and key management personnel for foreign-owned insurance firms to further ease the doing business.
هذه القصة من طبعة December 13, 2025 من Financial Express Kolkata.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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Financial Express Kolkata
Trade deal stalled as Modi didn’t call Trump: US Commerce Secy
ATRADE PACT between India and the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, US Commerce Secretary Howard Lutnick said on Friday.
1 min
January 10, 2026
Financial Express Kolkata
Major reforms expected in customs procedures
AS FINANCE MINISTER Nirmala Sitharaman is set to present the Union Budget for FY27 in Parliament on February 1, industry stakeholders and tax experts are expecting significant reforms in the customs procedures, particularly the simplification of the special valuation branch (SVB) process.
1 mins
January 10, 2026
Financial Express Kolkata
Fx reserves drop $9.8 bn, biggest dip in 14 months
FOREIGN EXCHANGE RESERVES recorded their biggest weekly drop in 14 months as the Reserve Bank of India (RBI) sold dollars to support a weakening rupee, analysts said.
1 min
January 10, 2026
Financial Express Kolkata
RBI guv: Regulators and regulated are in the same team
RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.
1 min
January 10, 2026
Financial Express Kolkata
Govt's AGR lifeline to lift Vi's funding prospects
Telco gets 10-yr moratorium
1 min
January 10, 2026
Financial Express Kolkata
Pension funds may directly invest in infra
ASSETS UNDER MANAGEMENT under NPS for the government sector and the nongovernment sector stood at around ₹16 lakh crore as on November 30, 2025.
1 mins
January 10, 2026
Financial Express Kolkata
Bain’s Manappuram deal faces delay as RBI objects
SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS
1 min
January 10, 2026
Financial Express Kolkata
Trump cancels 2nd wave of attacks on Venezuela
US PRESIDENT DONALD Trump said he had canceled a second wave of attacks on Venezuela following cooperation from the South American nation.
1 min
January 10, 2026
Financial Express Kolkata
EV sales momentum to slow down in 2026
CHINA'S RETAIL SALES of newenergy vehicles (NEVs) are set to expand at a slower pace this year as government-backed trade-in subsidies are gradually phased out, removing a key pillar of support for the world's biggest auto market.
1 min
January 10, 2026
Financial Express Kolkata
Gifting of MF units to minors will not lower tax liability
YOUR QUERIES: INCOME TAX
2 mins
January 10, 2026
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