Press Esc to close
Monday 16 January 2017
News updated at 6:21 PM IST
Weather
Max: 27.6°C
Min : 15.5°C
In Bengaluru
Sunny day

Cabinet to approve pension, insurance bills: Minister

NEW DELHI , Oct 3, 2012, (Reuters) -
The cabinet will approve amended bills on Thursday that seek to permit 26 percent foreign direct investment (FDI) in the pension sector and 49 percent in the insurance sector, a minister told reporters on Wednesday.

The bills will need parliamentary approval before becoming law. Currently, India does not allow FDI in the pension sector, while foreign investment in insurance is capped at 26 percent.

 

Go to Top

Photo Gallery
Art lovers thronging Chitra Santhe organised by Karnataka Chitrakala Parishat on Kumara Krupa...

Art lovers thronging Chitra Santhe organised by Karnataka Chitrakala Parishat on Kumara Krupa...

Large number of art lovers visiting the 14th annual art fair 'Chitra Sante' organized...

Large number of art lovers visiting the 14th annual art fair 'Chitra Sante' organized...

A large number of tourists throng Mysuru Palace as weekend holidays and Mysuru Zoo remain closed...

A large number of tourists throng Mysuru Palace as weekend holidays and Mysuru Zoo remain closed...

People walk on a snow covered road following heavy snowfall at Kandi Area in Budhal, Rajouri...

People walk on a snow covered road following heavy snowfall at Kandi Area in Budhal, Rajouri...

Students make a rangoli to aware people on voting in Moradabad on Sunday...

Students make a rangoli to aware people on voting in Moradabad on Sunday...

ABVP activists run with the Tricolours at an event ahead of Republic Day on the outskirts ...

ABVP activists run with the Tricolours at an event ahead of Republic Day on the outskirts ...

Army Chief Gen Bipin Rawat inspecting the guard of honour during the Army Day parade in New Delhi...

Army Chief Gen Bipin Rawat inspecting the guard of honour during the Army Day parade in New Delhi...

People take part in marathon on the Bandra-Worli Sea Link, in Mumbai...

People take part in marathon on the Bandra-Worli Sea Link, in Mumbai...

People are participated in Kite Festival organised by Rotary Bangalore Lakeside at HSR Layout...

People are participated in Kite Festival organised by Rotary Bangalore Lakeside at HSR Layout...

A man with his decorated camel during the 24th International Camel Festival, in Bikaner...

A man with his decorated camel during the 24th International Camel Festival, in Bikaner...

Like us on Facebook

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523