FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

New Delhi: A major decision was announced in the Union budget, strengthening the insurance sector. The Foreign Direct Investment (FDI) limit for the insurance sector increased from 49% to 74%. Since the last few years, demand was being made that the FDI limit in the insurance sector should be raised. The decision is welcomed by […]

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ASSOCHAM Chief confident that Indian economy is poised to take a leap

ASSOCHAM Chief confident that Indian economy is poised to take a leap

New Delhi: The Associated Chamber of Commerce and Industry of India (ASSOCHAM) expressed confidence that the economy of India, recovering from the Coronavirus pandemic, is poised to take a significant leap. Deepak Sood, the General Secretary of ASSOCHAM, referred to the substantial increase in the GST collection in the month of December while expressing the […]

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Union Finance Minister announces Atmanirbhar package of Rs 2.65 trillion 

Union Finance Minister announces Atmanirbhar package of Rs 2.65 trillion 

New Delhi: Union Finance Minister Nirmala Sitharaman announced the Atmanirbhar Bharat 3.0 package with a provision of Rs 2.65 trillion. Under this, the Finance Minister has announced 12 schemes, and there are reliefs for the construction industry and infrastructure projects. A decision to announce a subsidy of Rs 65 billion on fertilisers for the farmers was also […]

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Additional funding to be provided for the border road projects given India-China tensions

Additional funding to be provided for the border road projects given India-China tensions

New Delhi: Following the Galwan Valley conflict, special attention is being paid to the infrastructure, to ensure that the military on the border is equipped with the latest defence equipment, on a timely basis. The union government has increased the provisions for the roads in the border areas. Disregarding the Chinese opposition, strong moves are […]

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India’s first-ever ‘Kisan Train’ flagged off from Deolali in Maharashtra

India’s first-ever ‘Kisan Train’ flagged off from Deolali in Maharashtra

Nashik: The first-ever ‘Kisan Train’ service, for transporting vegetables, fruits and other perishables, was started in the country on Friday. Union Minister for Agriculture Narendra Singh Tomar and Railway Minister Piyush Goyal green signalled the train, via videoconferencing. Currently, the train will run, once a week, between Deolali, near Nashik and Danapur Station in Bihar. […]

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Six bridges of military importance get inaugurated in Jammu-Kashmir

Six bridges of military importance get inaugurated in Jammu-Kashmir

New Delhi: – Defence Minister Raj Nath Singh inaugurated six strategically important bridges through videoconferencing. Amid tension on both the Pakistan and China borders, the Border Road Organisation (BRO) has completed the work on these six bridges, in record time. The Defence Minister praised the soldiers from the BRO, for the achievement. BRO has been […]

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