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Govt to further relax rules for FDI in insurance sector

Hindustan Times West UP

|

February 04, 2025

The government plans to further liberalize foreign investment rules for insurance companies by removing the condition that mandates the presence of Indian residents in the boards and top management of insurance entities, said top finance ministry officials.

- Subhash Narayan

NEW DELHI:

The insurance reforms bill will be introduced in the ongoing budget session of parliament, one of these officials said.

In her Budget speech on Saturday, finance minister Nirmala Sitharaman announced the government would allow foreign entities to fully own insurance companies in India by increasing the foreign direct investment (FDI) limit from 74% to 100%.

She added, "The current guardrails and conditionalities associated with foreign investment will be reviewed and simplified."

MEER VERHALEN VAN Hindustan Times West UP

Hindustan Times West UP

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Tight liquidity may spur RBI move

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Brook ton in vain as NZ beat England by 4 wickets

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Student handcuffed after AI mistakes bag of chips for gun

{ U.S. HIGH SCHOOL

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Street to see a tide of retail investors in next one year

India’s retail investment landscape may be on the cusp of change, with a surge of first-timers ready to enter the equity markets.

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Tales of transformation, pathway to Viksit Bharat

A revolution in agro-processing is turning farmers in the arid parts of Karnataka into entrepreneurs, converting blocks into manufacturing hubs. It holds lessons for other parts of India

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LENSKART TO LAUNCH IPO ON OCTOBER 31

Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise %2,150 crore through a fresh issue of shares.

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Waiting for Bihar’s moment in the sun

This column is on the Bihar assembly elections, but it is more of a collage of the massive changes taking place in the state and the painful impact of the upheaval.

time to read

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Ensure bus safety to avoid Kurnools

Ignored safety norms & lack of regulatory oversight combine to turn buses into moving death traps

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US hikes Canada tariffs by 10% over ‘fraud’ Reagan ad

US President Donald Trump said he was hiking tariffs on Canadian goods by an additional 10% in the latest fallout over a Canadian anti-tariff ad that featured late US leader Ronald Reagan.

time to read

1 min

October 27, 2025

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