New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday notified the government's decision to allow 100 per cent foreign direct investment (FDI) in insurance intermediaries. Intermediary services include insurance brokers, re-insurance brokers, insurance consultants, corporate agents, third party administrators, surveyors...
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Britain’s Financial Conduct Authority (FCA) has admitted an accidental leak of confidential information, including the names and some contact details of people who had made complaints against the watchdog in 2018 and 2019, on its website. The FCA said on Tuesday, the private data, which...
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- ``Industry should focus on product innovations, especially in the pension space''
- ``Raising FDI limit will provide opportunities to existing players as well as to new players''
- ``Opening up to 100% FDI may trigger a fresh wave of consolidation and change of shareholding''
- ``With increasing maturity, the FDI limits can be enhanced beyond 49%''
- ``The FAIR Nat CAT pool has gained the approval to operate in India’’
FRANKFURT: Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many...