FM hopes for Parliament nod to insurance bill by Dec

Tags: News
Finance minister Arun Jaitley expressed hope on Tuesday that parliament would give its approval to the amendments to the Insurance Act, permitting 49% foreign investment, by end December.

Prime minister Narendra Modi's plans to push through insurance reforms were blocked last month by the opposition in parliament and the government had to agree to send the bill for consideration by a parliamentary panel.

EDITORIAL OF THE DAY

  • Gauging by the enormity of the coal scam, the convictions of three civil servants are hopefully just the beginning

    Zero tolerance against corruption must be the message that goes down the line with the CBI special court sentencing three top civil servants to two ye

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