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Insurers welcome FDI hike; PwC sees inflow of Rs 1 lakh cr

Insurers welcome FDI hike; PwC sees inflow of Rs 1 lakh cr

Last Updated: Thursday, July 24, 2014, 22:18

Private sector insurers welcomed the government move to increase foreign holdings to 49 percent from the existing 26 percent saying the move will benefit companies and customers and would help bring in new technology and better services.

'Nod to 49% FDI in insurance to drive capital infusion'

'Nod to 49% FDI in insurance to drive capital infusion'

Last Updated: Thursday, July 24, 2014, 19:25

Welcoming the Cabinet approval to raise FDI ceiling in insurance, India Inc on Thursday said the move will drive capital infusion in the cash-starved sector by attracting investments from foreign players, enhance insurance cover and push firms to provide long-term savings vehicles.

Here`s how to walk on walls!

Last Updated: Saturday, July 19, 2014, 19:53

The trousers shown in the Wallace and Gromit film `The Wrong Trousers` that allowed for its wearer to walk on walls and ceilings could theoretically work for 20 minutes at a time using a rechargeable battery, according to a new research by students of University of Leicester.

EPFO asks field staff to gear up for implementing new wage cap

Last Updated: Tuesday, July 15, 2014, 20:31

Retirement fund body EPFO has asked its field offices to be prepared for implementation of the new government's decision to raise wage ceiling for social security schemes to Rs 15,000, which is expected to bring 50 lakh more workers under the coverage.

Govt lifts quantitative ceiling on organic sugar exports

Last Updated: Sunday, July 06, 2014, 01:47

In a move expected to help the cash-starved industry, the government has removed the quantitative ceiling on exports of organic sugar.

Woman on top

Last Updated: Tuesday, July 01, 2014, 01:15

From not getting an interview call to becoming the managing director of Alfa Laval-Tetra Pak India, Lila Poonawala has stepped up the corportate ladder. She talks to Prachi Rege about breaking the glass ceiling and the importance of hard work irrespective of gender

Sushmita Sen safe as her room's ceiling collapses

Last Updated: Thursday, June 05, 2014, 00:44

Bollywood diva Sushmita Sen recently managed to escape an accident. The house where she stays in Juhu had a ceiling roof fall off early morning on Tuesday.

Indians can invest up to $125,000 overseas annually

Last Updated: Tuesday, June 03, 2014, 14:27

Encouraged by an improvement in the forex market, the Reserve Bank on Tuesday raised the annual overseas investment ceiling for individuals to USD 125,000 from USD 75,000.

US House passes debt ceiling limit hike

Last Updated: Wednesday, February 12, 2014, 16:24

The US House of Representatives has narrowly approved a bill extending the federal borrowing limit without any string, which the White House described as a positive step in moving away from the political brinkmanship.

US debt ceiling looms, but battle may not be as bitter

Last Updated: Tuesday, January 28, 2014, 14:23

The world`s largest economy once more faces the threat of default unless the US Congress raises the debt ceiling, but feuding between Barack Obama and foes may not push the nation to the brink this time.

Worli Bandra Ceiling Project proves how worthless, corrupt Congress is: Gadkari

Last Updated: Sunday, December 22, 2013, 21:14

Senior Bharatiya Janata Party (BJP) leader Nitin Gadkari on Sunday said that the Worli Bandra Ceiling Project is the best example to prove how inefficient, corrupt and worthless the Congress is.

Obama says not to negotiate over debt ceiling

Last Updated: Saturday, December 21, 2013, 17:09

US President Barack Obama Friday said that he would not negotiate with his Republican rivals over raising the federal government's debt ceiling and the fiscal brinksmanship should not be repeated.