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From Vodafone Idea's AGR moratorium and concerns over telecom duopoly to urban governance failures, global trade disruptions and India's openness to capital, here is today's opinion newsletter
Panel chaired by DFS Secretary M Nagaraju reviewed RBI proposals for foreign banks amid a gradual decline in foreign bank presence and India's push for calibrated financial liberalisation
India and New Zealand announced the conclusion of the free trade agreement (FTA) negotiations on 22 December, under which Wellington has committed $20 billion in FDI over the next 15 years
India's non-life insurance sector is set for faster growth as the Insurance Amendment Bill allows 100% FDI, boosts investor confidence and strengthens regulation, says Mathur, Universal Sompo CEO
Net FDI into India rose to $6.2 billion in April-October FY26 as repatriation fell to $31.65 billion, even as outward FDI increased to $20.5 billion, RBI data showed
Currently, 50 per cent of life insurance investment is allocated to government securities and the balance 50 per cent to other alternative investments
The proposed FDI move will not only be instrumental in attracting fresh capital from overseas insurers but also facilitate the entry of more players, thereby spurring healthy competition
The FDI limit in the insurance sector was raised from 49 per cent to 74 per cent in 2021
The source further said that this is likely to be tabled on Monday in the ongoing winter session of Parliament, which is slated to conclude on December 19
The US, Japan, Belgium, the United Kingdom, Poland, and Singapore are among the state's key global investment partners
AU Small Finance Bank in focus: The Finance Ministry has increased the foreign investment limit in the private-sector bank from 49 per cent to 74 per cent.
Memani said the government should fast-track disinvestment of public sector units and use this capital for some large transformational projects
Corporate earnings growth is estimated to be in high single digits for this fiscal and in mid-teens for the next two financial years
The FDI limit in PSBs and private sector banks is 20% and 74%, respectively
Finance Minister Nirmala Sitharaman in this year's Budget speech, proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector
To be sure, the concerns of small traders should not be dismissed. But protecting them need not mean stifling progress permanently
The proposal aims to boost India's exports without impacting the businesses of small retailers
State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.
Proposal allows External Commercial Borrowings for real-estate activities where FDI is permitted
The proposed investment will be made through a preferential issue and is subject to regulatory approvals and customary closing conditions