Category: Politics

Ten ways regulatory amendments will give push to insurance sector India’s insurance sector is set for a structural reset after the Insurance Laws (Amendment) Bill, 2025 was passed by the Rajya Sabha on December 17, paving the way for higher capital flows, stronger regulation and broader market participation. The amendments, aimed at supporting the goal of […]

New Delhi [India], December 21 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman, along with Union Minister of State for Corporate Affairs Harsh Malhotra, chaired the Chintan Shivir of the Ministry of Finance and the Ministry of Corporate Affairs, at Hampi in Vijayanagara district, Karnataka. On Saturday, all Secretaries of the Ministry of Finance […]

A parliamentary panel tasked with vetting the Securities Markets Code, 2025 Bill is likely to examine a raft of critical issues, including powers of the proposed ombudsman for redressing investor grievances and advance investigation notices, said people with knowledge of the matter. The bill proposes that the Securities and Exchange Board of India (Sebi) designate one […]

Budget 2026: As India prepares its economic roadmap for a challenging global trade environment, the Confederation of Indian Industry (CII) has submitted a wide-ranging set of proposals to Finance Minister Nirmala Sitharaman ahead of the Union Budget 2026. The industry body has called for lower tariffs, simpler customs rules and faster digital clearances to protect growth […]

The Bank of England (BoE) on Thursday cut its key interest rate by 25 bps to 3.75% on Thursday after UK inflation eased faster than expected and as the concerns over weakness in the economy remains a talking point. The quarter-point rate cut was in line with the expectation and followed a regular policy meeting ahead […]

Prime Minister Narendra Modi on Thursday said the Comprehensive Economic Partnership Agreement (CEPA) between India and Oman would shape bilateral ties for decades, calling it a “blueprint of our shared future”. Addressing the India-Oman Business Summit in Muscat, the PM hailed the relationship shared by the two nations and also invited startups to grow together by […]

Mumbai: Nearly a week after the Trump administration opened applications for its $1 million “Gold Card” visa, the programme appears to have attracted little interest. Immigration experts say the scheme has vague application guidelines, legal ambiguity and no clearly defined pathway to permanent residency or citizenship, making it unattractive even for rich Indians. They are advising […]

No currency has been hit harder by U.S. tariffs than India’s rupee – and there may yet be more downside as investors pull out of the country until they see a trade deal struck with Washington. The rupee is among the worst-performing currencies globally this year, sliding 6% against the dollar as a widening trade deficit, […]

Reserve Bank of India governor Sanjay Malhotra expects the country’s interest rates to remain low for a “long period”, he told the Financial Times in an interview published on Wednesday. RBI projections suggested rates “should remain low for a long period of time”, Malhotra told the newspaper. Malhotra said the RBI’s economic forecast had not taken […]

Union Finance Minister Nirmala Sitharaman on Tuesday introduced The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in Lok Sabha, proposing to raise FDI in the insurance sector to 100 per cent from existing 74 per cent, with a view to providing insurance to all by 2047. The bill proposes to amend the Insurance […]