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Union Budget 2014: Raising of FDI cap in insurance may help pharma industry

Last Updated: Thursday, July 10, 2014, 17:59

Finance Minister Arun Jaitley on Thursday proposed raising the FDI cap from 26 percent to 49 percent.

Develop an ecosystem that protects IP: US industry to FM

Last Updated: Tuesday, October 15, 2013, 13:23

Seeking an ecosystem in India that rewards and protects intellectual property, the US industry has urged Finance Minister P Chidambaram to lift the FDI caps in important sectors like insurance and defence.

FICCI, CII welcome changes in FDI norms

Last Updated: Wednesday, July 17, 2013, 09:12

The government has cleared 100 percent FDI in telecom, raised FDI in insurance to 49 percent, in asset reconstruction from 74 percent to 100 percent and in credit information companies from 49 percent to 74 percent.

Antony prevails, FDI cap in defence remains 26%

Last Updated: Tuesday, July 16, 2013, 21:52

FDI cap in defence sector will remain at 26 percent and proposals beyond that will be considered by the Cabinet Committee on Security on case to case basis.

Traders to protest if govt raises FDI cap in retail: CAIT

Last Updated: Tuesday, July 16, 2013, 15:14

A government committee has recommended increasing FDI cap in multi-brand retail trading to 74 percent from 51 percent at present.

Decision on FDI cap in third week of July: Chidambaram

Last Updated: Tuesday, July 02, 2013, 12:41

The Department of Industrial Policy and Promotion (DIPP) is holding consultations with different ministries on the suggestion of the Finance Ministry which, has proposed sweeping changes in FDI regime in sectors like defence, telecom and multi-brand retail.

Insurance Bill likely in current session: Govt

Last Updated: Friday, November 23, 2012, 16:19

The government is likely to introduce amendments to the Insurance Bill in the current session for raising FDI cap in private sector insurance companies to 49 percent, Parliament was informed on Friday.

Broadcast sector reform: FDI upto 74% to be allowed

Last Updated: Friday, September 14, 2012, 18:44

Till now, 49 percent FDI was allowed in cable TV and DTH while it is 74 percent in HITS.

Cabinet may retain FDI cap in insurance sector at 26%

Last Updated: Wednesday, May 09, 2012, 21:40

The government may retain foreign direct investment in the insurance sector to existing 26 percent as recommended by Standing Committee on Finance.

Cabinet may retain FDI cap in insurance sector at 26%

Last Updated: Wednesday, May 09, 2012, 21:40

The government may retain foreign direct investment in the insurance sector to existing 26 percent as recommended by Standing Committee on Finance.

FDI cap in single brand retail may be raised

Last Updated: Monday, October 31, 2011, 15:38

India is "seriously considering" to raise 51 percent foreign direct investment (FDI) cap in single brand retail, Commerce and Industry Minister Anand Sharma today informed a business delegation from Italy.