'Hike in FDI cap in insurance will help sector's growth'
The proposed hike in Foreign Direct Investment (FDI) cap from 26 percent to 49 percent in the insurance sector will lead to higher growth of the industry, a top official of United India Insurance company said on Wednesday.
Oct 08, 2014, 14:26 PM ISTIRDA to make suggestions on insurance bill
IRDA would make suggestions vis--vis the proposed insurance bill to cover different areas like health insurance and e-commerce.
Sep 26, 2014, 16:06 PM ISTLIC, other insurers made presentations before Par select panel
Moving expeditiously on the controversial Insurance Bill, Parliament select committee today heard views of LIC and other public sector insurers, and decided to meet every Friday to fastrack the scrutiny report.
Sep 12, 2014, 19:21 PM ISTFM hopeful of Parliament nod on Insurance Bill by year-end
Finance Minister Arun Jaitley on Tuesday expressed hope that long-pending Insurance Bill seeking to hike FDI cap to 49 percent will be passed by Parliament by the end of this year.
Aug 26, 2014, 15:41 PM ISTInsurance Bill sent to Select Committee of Rajya Sabha
Giving in to opposition pressure, the government on Thursday referred the controversial Insurance Bill to the Select Committee of Rajya Sabha.
Aug 14, 2014, 13:11 PM ISTInsurance Bill referred to Select Committee of Rajya Sabha
Bowing to opposition pressure, the government has referred the controversial Insurance Bill to a Select Committee of Rajya Sabha, which will have 15 members.
Aug 14, 2014, 12:37 PM ISTInsurance Bill: Govt bows to oppn demand for select panel
With a view to gaining support, the government has made it clear that it is amenable to amendments in the bill.
Aug 13, 2014, 23:20 PM ISTInsurance Bill likely to be soon referred to Select Committee
The bill, which proposes hike in FDI in insurance sector to 49 per cent, has been caught in a logjam with Congress-led Opposition insisting on referring it to a Select Committee.
Aug 13, 2014, 00:15 AM ISTInsurance Bill likely to be introduced in Parliament today
With the deadlock between government and opposition continuing, the controversial Insurance Bill is likely to be introduced in Parliament on Tuesday.
Aug 12, 2014, 10:29 AM ISTInsurance Bill unlikely to come in current session
Government sources said there was no forward movement on the Bill and one Minister remarked that there was "no assurance on insurance".
Aug 07, 2014, 21:02 PM ISTCongress stonewalling Insurance Bill to deny Modi credit: Govt
Rejecting the demand for referring Insurance Bill to a Select Committee, the government on Thursday said the Congress was 'stonewalling' the key reform measure to deny credit to Prime Minister Narendra Modi before he goes to the US.
Aug 07, 2014, 17:59 PM ISTKeenly watching developments over Insurance Bill: Metlife
The Insurance Amendment Bill is pending passage in Parliament as several opposition parties, including Congress, are opposing the Bill in its present form.
Aug 07, 2014, 16:48 PM ISTGovernment to take final call on Insurance Bill today?
The Insurance Laws Amendment Bill was introduced in the Rajya Sabha in 2008.
Aug 07, 2014, 09:21 AM ISTRSS-linked trade union opposes FDI in insurance, threatens stir
The government's headache over the controversial Insurance Bill grew Tuesday as RSS-linked Bharatiya Mazdoor Sangh threatened to go on a strike along with other trade unions opposing the legislation allowing 49 percent FDI in insurance sector.
Aug 06, 2014, 13:37 PM ISTNo all party meeting on Insurance Bill today
The government is waiting for Congress response which has been given two days to reply, as per sources.
Aug 06, 2014, 09:03 AM ISTInsurance Bill further delayed, informal talks on
As the Opposition stuck to its stand, government sought their cooperation for passage of the "most progressive reform" at a time when penetration of insurance was very low.
Aug 05, 2014, 21:01 PM ISTInsurance bill: No breakthrough in all-party meeting
Jaitley told the Congress and other parties that they should either cooperate in getting the Bill passed or reject it outright and not play politics on the issue of economic reforms.
Aug 04, 2014, 16:15 PM ISTAll-party meet on Insurance Bill fails to iron out differences
Leaders agreed to hold a fresh round of consultations in the next two days as the brief meeting in Parliament House remained inconclusive.
Aug 04, 2014, 11:06 AM ISTGovt initiates efforts for consensus on Insurance Bill
Finance Minister Arun Jaitley and Parliamentary Affairs Minister M Venkaiah Naidu are meeting the leaders in the wake of nine opposition parties giving a notice to Rajya Sabha Chairman Hamid Ansari for referring the bill to a Select Committee.
Aug 04, 2014, 10:33 AM ISTAll party meeting on Insurance Bill inconclusive; parties to meet again in next two days
NCP leader Praful Patel on Monday said that the all party meeting on Insurance Bill was inconclusive. Also, the parties will meet again in the next two days to discuss the possible formulation of the bill.
Aug 04, 2014, 09:59 AM IST