Indian

Budget 2019-20 allows 100 % FDI in insurance broking

Jul 5, 2019

“The FDI limit from 40 per cent to 100 per cent is has been done to encourage higher overseas investment into the country,’’ said Sitharaman while presenting Budget 2019-20 in the Lok Sabha ,

Push for traditional medicine:AYUSH ministry gets Rs 1,939.76 crore

Jul 5, 2019

Autonomous bodies — Central Council for Research in Ayurvedic Sciences, Central Council for Research in Homeopathy and Central Council for Research in Unani Medicine — were allocated Rs 292.31 crore, Rs 118.53 crore and 152.65 crore, respectively.

India needs to grow at 8% per annum to become a $5 trillion economy by FY25

Jul 4, 2019

India on Thursday forecast its annual economic growth could accelerate to 7 per cent in the 2019/20 fiscal year from an estimated 6.8 per cent in the previous year, two government sources said, that could help it regain the status of world’s fastest-growing major economy by overtaking China.

Retirement age set to rise due to higher life expectancy: Eco Survey

Jul 4, 2019

“Since an increase in the retirement age is perhaps inevitable, it may be worthwhile signalling this change well in advance perhaps a decade before the anticipated shift so that the workforce can be prepared for it,” the Economic Survey for 2018-19, tabled in Parliament by Finance Minister Nirmala Sitharaman Thursday, said.

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