Insurance sector eyes FDI worth billions in new year
Finance Minister Arun Jaitley has expressed hope that hiking of the foreign investment cap in the insurance sector to 49 percent, which has been pending since 2008, will result in capital inflow of USD 6-8 billion.
Dec 29, 2014, 12:11 PM IST
SpiceJet issue, safety downgrade marred civil aviation sector
SpiceJet's near-shutdown and the downgrade of India's safety ranking marred the civil aviation sector in 2014 which also saw a new airline taking to the sky and another one readying itself to do so early next year.
Dec 29, 2014, 10:25 AM IST
Losing Rupee remains a senior citizen in 2014
It started weak, recouped some lost ground towards the middle, but soon lost track and the losses turned steeper towards the end of 2014. In the end, rupee remained a 'senior citizen' or 60-plus versus the US dollar for most part of this year.
Dec 28, 2014, 12:37 PM IST
