Bill provides that no insurer shall invest policyholders' funds outside India, says government
Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards
Sitharaman said that fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi are "coming back to India" to face the law
Union Finance Minister Nirmala Sitharaman will move the Insurance (Amendment) Bill 2021 in Rajya Sabha for passing on Thursday
Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman
Govt will protect the interests of employees in plans to sell state-owned companies, says Finance Minister
Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights
US Treasury Secretary Janet Yellen has spoken to Finance Minister Nirmala Sitharaman for the first time
'TMC supremo has started reciting Sanskrit slokas to assert her Hindu identity, alleged the BJP President. Stay tuned for the Latest LIVE news
'Even for those banks which are likely to be privatised, the privatised institutions too will continue to function after privatisation, the interests of the staff will be protected,' said Sitharaman
The government has proposed Rs 20,000 crore to capitalise the institution.
Sitharaman on Tuesday informed Parliament that the Reserve Bank of India is taking measures to strengthen its regulatory and supervisory capacity
Sitharaman made the announcement in the Rajya Sabha
The opposition Congress on Tuesday demanded that the finance Minister make a statement to address concerns expressed by 13 lakh bank employees, who are on a two-day nationwide strike
Finance Minister Nirmala Sitharaman held a discussion on global economic outlook with US Secretary of Treasury Janet Yellen, wherein the latter appreciated India's contribution to the vaccine efforts
The government had earlier allowed 100 per cent foreign direct investment in insurance intermediaries
FM says GST Council will take it up after considering revenue impact
Finance Minister Nirmala Sitharaman on Monday said the government has no plans to introduce diaspora bonds
Sitharaman on Monday said efficient management and use of the latest technology by the private sector will help unlock the real value of CPSEs undergoing strategic sale
The announcement comes amid record-high fuel prices