Finmin proposes to remove the condition from Indian residents who hold key positions in insurance companies for investments

Finance Minister Nirmala Sitharaman The Ministry of Finance has proposed to delete provisions with regard to the condition of Indian residents who have the majority of directors and important management positions in insurance companies with foreign investments. Design for changes in the rules of the Indian insurance companies (foreign investments), 2015, is considered a precursor […]

Government eyes smoother investment path; Large and growing market makes India an attractive gamble for BDI, says Industrie Secy – Times of India

New Delhi: from combing instructions in the center and in the states to make it easier for companies to invest, to classify and make investment pitches to global companies, GOVT wants to ensure that foreign direct investments (FDI) remain strong in the country.India saw the inflow of DBI increasing by 13.6% to $ 81 billion, […]