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India plans to raise foreign investment limits in insurance to 100%, boosting sector reforms.
The Indian Finance Ministry plans to introduce the Insurance Amendment Bill in the upcoming parliamentary session, aiming to raise foreign direct investment (FDI) limits in the insurance sector to 100% from 74%.
The bill also proposes allowing insurance agents to sell products from multiple insurers, increasing competition and efficiency.
These changes are part of broader reforms to enhance financial security for policyholders and stimulate economic growth.
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India planea elevar los límites de inversión extranjera en seguros al 100%, impulsando las reformas del sector.