100% FDI: Govt expects insurance industry to grow at 7.1% annually over next 5 years outpacing global and emerging market growth

100% FDI: Govt expects insurance industry to grow at 7.1% annually over next 5 years outpacing global and emerging market growth

This enhanced limit will be available to those companies which invest their entire premium in India, said Pankaj Chaudhary, minister of state, Ministry of Finance in the Lok Sabha. New Delhi: By raising foreign direct investment(FDI) in the Indian insurance sector...

Govt working on policy of ‘zero casualties’ during disasters: Union Minister Rai in Lok Sabha

“India faces a variety of disasters across seasons. The government is working on the policy of ‘zero casualties’ in line with Prime Minister Narendra Modi’s pledge of making India a developed country by 2047,” Union Minister Nityanand Rai said in the Lok Sabha on...