Govt plans 100% FDI, eased rules for agents in insurance bill tweak
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Government is preparing to permit complete foreign ownership of insurance businesses, potentially attracting major international players. The proposed legislation also empowers individual insurance agents to offer policies from multiple companies, removing the current restriction of representing only one life and one general insurer.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was trading above 79,600, Nifty50 […]
Investors in India are moving away from stocks expected to benefit from Prime Minister Modi’s re-election, focusing instead on defensive sectors like consumer and software. […]
