Insurance Ordinance to help firms raise funds: Fin Min

Last Updated: Saturday, December 27, 2014, 21:19

The Finance Ministry on Saturday said the Ordinance for insurance sector reform will help companies raise capital through new and innovative instruments, besides promoting economic growth and job creation.

Insurance reforms to bring in foreign investment: Industry

Last Updated: Wednesday, December 24, 2014, 20:29

The government's approval to key insurance and coal sector reforms will help attract much-needed investments, boost domestic manufacturing and usher in transparency and fair play, industry said on Wednesday.

Govt fastracks reforms in insurance, coal and pharma sectors

Last Updated: Wednesday, December 24, 2014, 16:35

Moving at rapid pace, the Union Cabinet on Wednesday approved key insurance and coal sector reforms which were stuck in Parliament logjam.

Country can't wait if one House of Parliament does not work: Jaitley

Last Updated: Wednesday, December 24, 2014, 16:26

With the government pushing key reform measures like insurance and coal block allocation, Finance Minister Arun Jaitley on Wednesday said the country cannot wait even if one of the Houses of Parliament "waits indefinitely".

Govt approves Ordinance to hike FDI in insurance to 49%

Last Updated: Wednesday, December 24, 2014, 13:43

Government on Wednesday approved promulgation of an Ordinance to hike Foreign Direct Investment (FDI) cap in the insurance sector to 49 percent from 26 percent, as the legislation could not be passed in the Parliament session that ended yesterday.

Insurance, coal ordinances show government's determination: Jaitley

Last Updated: Wednesday, December 24, 2014, 13:31

Addressing a press conference in the national capital, the Finance Minister said that insurance ordinance is in line with select committee recommendation.

Cabinet approves ordinance on coal, insurance reforms

Last Updated: Wednesday, December 24, 2014, 11:40

The Insurance Bill seeks to increase the composite foreign investment limit in insurance companies to 49 percent from current level of 26 percent.

Govt may opt for ordinance to push coal, insurance reforms

Last Updated: Tuesday, December 23, 2014, 15:10

Government may adopt the ordinance route to push reforms in insurance and coal sectors as relevant bills could not be taken up in the Rajya Sabha, whose functioning was paralysed in the just-concluded winter session.

ICICI Lombard to be restrictive towards weather insurance

Last Updated: Thursday, December 18, 2014, 10:32

In a bid to maintain its bottomline, India's largest private sector non-life insurer ICICI Lombard has decided to cut down its exposures in certain segments, including weather insurance.