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Insurance companies with foreign investments must retain percentage of profit as general reserve: Nirmala Sitharman
Finance Minister Nirmala Sitharaman said while control will go to foreign companies, the majority of directors on the board and key management persons
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FDI worth Rs 26,000 cr received in insurance sector since further opening in 2015: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said insurance companies are facing liquidity pressure and that is why the government was proposing to increase th
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Cabinet approves Bill to set up Development Finance Institution
The government has proposed Rs 20,000 crore to capitalise the Development Finance Institution
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RBI strengthening institutional mechanism to prevent bank frauds: Nirmala Sitharaman
We have been engaging with the RBI to ensure that the regulatory functions and supervisory function of the RBI are strengthened, said Finance Minister
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No plans to introduce diaspora bonds: Nirmala Sitharaman
In a written reply to the Lok Sabha, Nirmala Sitharaman said the government has taken various steps to develop the bond market with a view to facilita
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Money9 Edit | Cryptocurrency muddle needs a larger consultation
Current uncertainty does not bode well for investors and with divergent views coming out in public, it is natural for them to get cold feet
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No plan to bring fuel under GST regime: Nirmala Sitharaman
The GST Council may consider the issue of inclusion of petroleum products at a time it considers appropriate keeping in view all the relevant factors,
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Insurance: Nirmala Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI
Currently, the permissible FDI limit in life and general insurance stands at 49% with ownership and management control with Indians
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Finance Minister Nirmala Sitharaman says not all windows shut for cryptocurrencies
“...while the RBI may take a call on official cryptocurrency but from our side, we are very clear that we are not shutting off all options,” the f
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Cabinet approves 74% FDI limit in insurance sector
The move will provide a push to the insurance industry to scale up digital and infrastructure capabilities
