Getty Images With higher FDI limits, foreign partners can inject more capital to expand their India operations. The insurance sector has been pushing for larger limits for foreign direct investment ...
The government in its Union Budget for 2025-26 proposed raising the foreign direct investment (FDI) limit for India’s insurance sector to 100% from 74%—meeting a long-awaited industry demand.
“With 100% FDI now allowed in insurance, India could be on the path to having 1,000 insurers within the next decade. A larger number of players will intensify competition, leading to enhanced ...
According to the IRDAI annual report, India currently has 26 life insurers, 25 general insurers, and 7 standalone health insurers, with Rs 35,000 crore paid-up capital in life insurance and Rs ...
The domestic stock market on Saturday saw significant fluctuations after Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26. Following an initial rise, both the BSE Sensex and NSE ...
"The FDI limit for the insurance sector will be raised from 74 to 100 per cent. This enhanced limit will be available for those companies which invest the entire premium in India. The current ...
She said that the enhanced limit will be available for those companies which invest the entire premium in India. “The FDI limit for the insurance sector will be raised from 74 to 100 per cent.
Life Insurance Corporation of India (LIC) and Niva Bupa Health Insurance Company have rallied by up to 7 per cent in intra-day trade. At 12:05 PM; these stocks are trading higher in the range of 1 per ...
New Delhi [India], February 1 (ANI): Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, ...
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This move is expected to open doors for global insurance giants, bring in significant foreign investments, and intensify competition within the Indian insurance market. The decision to allow 100% FDI ...