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BusinessToday.In
March 29, 2021
The rupee is expected to average around 73.50-74 in FY22, as, despite a vaccine, the COVID-19 frenzy still persists and is likely to continue to grapple the foreign exchange market


PTI
March 27, 2021
\"As against about $313 billion of goods exports last year, we will end the year with almost 93 per cent of that, $290 billion. Now isn't that great,\" Goyal said while addressing the Times Network India Economic Conclave


PTI
March 25, 2021
The session started on January 29 and was originally slated to end on April 8 but several members had urged Speaker Om Birla to end it early so that they can focus on electioneering in four states and Puducherry


BusinessToday.In
March 22, 2021
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report 


BusinessToday.In
March 22, 2021
The report proposes to \"declare the act of giving a bribe as legitimate activity\", implying that \"the giver of a harassment bribe should have full immunity from any punitive action by the state\"


BusinessToday.In
New Delhi, March 22, 2021
Insurance sector requires a lot of capital as it is a capital intensive sector and so requires long term capital, said Finance Minister Nirmala Sitharaman as she tabled the Insurance Amendment Bill 2021 in the Lok Sabha today. Raising the FDI limit in the insurance sector to 74 per cent was necessary to help insurers deal with issues concerning financial stress. She said this while moving the Insurance (Amendment) Bill, 2021 for consideration and passage in the Lok Sabha. Watch the video for more.Also Read: Delhi reduces legal drinking age to 21 from 25


BusinessToday.In
March 22, 2021
FM Sitharaman, while moving the bill for consideration and passage, said that expanding the FDI limit in the insurance sector to 74% was necessary as it will help insurers deal with matters regarding financial stress


BusinessToday.In
March 19, 2021
Stock Market News Update Today: NTPC was top gainers in BSE Sensex pack, followed by HUL, Power Grid Corporation of India, ITC, Reliance, Nestle India, among others


BusinessToday.In
March 18, 2021
Finance Minister Nirmala Sitharaman asserted that higher foreign investment in insurance industry will supplement domestic long-term resources as well as facilitate insurance penetration in the country


BusinessToday.In
March 18, 2021
Currently, FDI limit in life and general insurers is capped at 49 per cent, with only Indians allowed to hold ownership and management controls. The bill, once approved, will pave the way for increasing this limit to 74 per cent


BusinessToday.In
March 17, 2021
Koo app was shortlisted as an awardee for AatmaNirbhar App Innovation Challenge under the social media category as it was an eligible participant to be classified as domestic company as per the extant FDI policy.


BusinessToday.In
March 16, 2021
The approval will benefit the government exchequer in reducing recurring expenditure on salary and wages of the sick CPSE which is not in operation and earning no income.


BusinessToday.In
New Delhi, March 16, 2021
Ratan Tata-funded Generic Aadhaar pharmacy chain launches app; to take on online pharmacies; Bill to hike FDI in insurance sector to 74% tabled in Rajya Sabha; Germany, Italy, France suspend AstraZeneca COVID-19 vaccine amid safety fears. Watch this and more news on News Blast.Also Read: Maharashtra in beginning of second wave of COVID-19, says Centre


Rashi Bisaria
New Delhi, March 16, 2021
US overtakes Saudi Arabia to become India's second biggest oil supplier The United States overtook Saudi Arabia as India's second biggest oil supplier last month, as refiners boosted cheaper US crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed. India's imports from the United States - the world's top producer - rose 48 per cent to a record 545,300 barrels per day (bpd) in February from the prior month, accounting for 14 per cent of India's overall ...


BusinessToday.In
March 15, 2021
The amendments to Insurance Act propose to appoint resident Indians on majority of directors on the board and key management positions, with at least 50 per cent of directors being independent directors


PTI
March 11, 2021
The Confederation of All India Traders (CAIT) said its 'purely Indian' Bharat e Market portal will comply with all the rules and regulations of the country


BusinessToday.In
March 11, 2021
Expansion of FDI limit in insurance sector will lead to better penetration, new sources of funding, access to external know-how that can support insurers' underwriting performance, and unlocking of new operating efficiencies


Niti Kiran
March 10, 2021
On Wednesday, the benchmark indices ended higher for the third consecutive session and the Nifty was up 76.40 points or 0.51 per cent at 15,174.8.  Among sectors, metals, IT, pharma and auto gained the most while PSU bank fell marginally


BusinessToday.In
March 10, 2021
Some Future Retail lease agreements that were scheduled to expire have reportedly been renewed in the name of Reliance Retail. Integration, including training of Future employees, has started between two companies


Joe C Mathew
March 8, 2021
The thrust on R&D services came after it became one of the fastest-growing segments among India's services exports


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