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New Delhi [India], December 18 (ANI): Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring members that opening up the sector will attract new insurers, intermediaries and allied service providers, expanding the overall insurance ecosystem and creating net employment. The Rajya Sabha passed the bill after a reply from the Finance Minister. The Lok Sabha passed it on Tuesday. In her reply, Sithar ...Read More >
Srinagar, Dec 17: Chief Minister Omar Abdullah on Wednesday drew parallels between Bihar Chief Minister Nitish Kumar's recent act of touching a Muslim woman's hijab and a past election-related controversy in Jammu and Kashmir involving Peoples Democratic Party (PDP) president Mehbooba Mufti, terming both incidents a manifestation of a "regressive mindset". Speaking to reporters in Srinagar, Omar said such episodes were not isolated and recalled an incident from an earlier election when, he alle ...Read More >
NEW DELHI: Parliament on Wednesday passed a Bill to raise foreign direct investment (FDI) in the insurance sector to 100 per cent from the existing 74 per cent, a move the government said would help increase insurance penetration, lower premiums and generate employment. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha through a voice vote, a day after it was passed by the Lok Sabha. The Upper House rejected amendments moved by the Opposition, ...Read More >
Union Finance Minister Nirmala Sitharaman introduced the Sabka Bima Sabki Raksha Bill, 2025, proposing to raise FDI in the insurance sector to 100%. The bill aims to provide insurance to all by 2047, amending key insurance laws and establishing a policyholder protection fund. This move seeks to accelerate sector growth and enhance policyholder security. Union Finance Minister Nirmala Sitharaman on Tuesday introduced The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in Lok Sab ...Read More >
New Delhi: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one to send the ...Read More >
New Delhi: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one to send the l ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) The Rajya Sabha on Wednesday witnessed intense debate on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which proposes raising foreign direct investment (FDI) in the insurance sector to 100 pe cent from 74 per cent, among other reforms to modernise the industry and achieve 'Insurance for All by 2047'. The Bill, passed by the Lok Sabha on December 16, amends the Insurance Act, 1938; Life Insurance Corporation Act, 1956; and Insurance Regu ...Read More >
Finance Minister Nirmala Sitharaman on Wednesday (December 17, 2025) said global trade is increasingly "getting weaponised" through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage. Tariff strike and souring ties "Trade is getting weaponised through tariff, through many other measures and India will have to negotiate its way carefully in this, and not just take care of tari ...Read More >
New Delhi, Dec 17 (PTI) Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one ...Read More >
Delhi/Hyderabad, Dec 17 (Maxim News): Global trade is increasingly getting weaponised through tariffs and other measures, Finance Minister Nirmala Sitharaman said on Wednesday. She warned that India must negotiate carefully in the changing global trade environment. She also stressed that the strength of India's economy will provide the country with an added advantage in dealing with such challenges. Here To Join Us On WhatsApp Speaking at the Times Network's India Economic Conclave 2025, Sitha ...Read More >
New Delhi, Dec 17 (PTI) Several non-ruling members in the Rajya Sabha on Wednesday opposed the bill to raise FDI in the insurance sector to 100 per cent and demanded that the proposed legislation be sent to a Parliamentary panel for further scrutiny. Participating in the debate on The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, moved for consideration and passage by Finance Minister Nirmala Sitharaman in the Upper House, members also objected to the title of the Bill, whic ...Read More >
Finance Minister Nirmala Sitharaman said on Wednesday that India is working towards securing 25 per cent of global trade in the coming years. India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. Advertisement ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday said that reducing the country's debt-to-GDP ratio will be the "core focus" for the government in the next financial year (2026-27). Speaking at a media event here, Sitharaman stressed that it is crucial to bring down the debt-to-GDP ratio, which crossed 60 per cent during the Covid period. "It is already coming down, but we need to reduce it further, and this will be a core focus in the next financial year," t ...Read More >
New Delhi, Dec 17 ( UNI) India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. She said the global economic landscape is undergoing a major shift, with trade increasingly getting weaponised through tariff restri ...Read More >
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the insurance reforms brought in through a bill in Parliament will grant greater access to insurance for the people, have better regulatory oversight and ensure ease of compliance. Moving the 'The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for consideration of the Lok Sabha, Sitharaman said the draft legislation was aimed at bringing transparency, ease of compliance mandates and increasing foreign direct invest ...Read More >
Guwahati, Dec 17: With an eye firmly on the 2026 Assam Assembly elections, the ruling BJP is set to intensify its political and development outreach in the state as Prime Minister Narendra Modi and Union Home Minister Amit Shah are scheduled for a series of high-profile visits to Assam later this month. Announcing the itinerary, Assam Chief Minister Himanta Biswa Sarma on a live feed, said the visits will showcase transformative infrastructure projects, and boost economic confidence. The Prime ...Read More >
New Delhi: Congress leader Sonia Gandhi flagged the challenges faced by ASHA and Anganwadi workers in the Rajya Sabha, demanding that they be given their remuneration on time, the amount given be doubled and the pending vacancies of nearly three lakh in ICDS be filled. Raising the issue during Zero Hour, Gandhi said, "I rise to draw the urgent attention of this House to the continued distress of women workers implementing critical government programmes -- ASHA workers, Anganwadi workers and hel ...Read More >
New Delhi: Enhancing foreign direct investment limit to 100% will enable global insurance companies to inject substantial capital directly without waiting for domestic partners, Union finance minister Nirmala Sitharaman told the Lok Sabha on Tuesday as the House passed the insurance bill seeking to remove FDI cap along with over a dozen key sectoral reforms. "If there's a need for growing protection through insurance in this country, we need to have insurance more accessible," she said while re ...Read More >
Chief Minister A. Revanth Reddy met Union Finance Minister Nirmala Sitharaman and Union Education Minister Dharmendra Pradhan in New Delhi on Tuesday (December 16, 2025) and sought their cooperation for establishment of Indian Institute of Management (IIM) and Young India Integrated Residential Schools (YIIRS). During his meeting with Ms Nirmalaraman, he sought the Centre's cooperation for the establishment of Young India Integrated Residential Schools (YIIRS) in Telangana. He informed her that ...Read More >
New Delhi [India], December 17 (ANI): Telangana Chief Minister Revanth Reddy appealed to Union Finance Minister Nirmala Sitharaman to exempt education-related borrowings from the Fiscal Responsibility and Budget Management (FRBM) limits, as the state rolls out an ambitious ₹30,000-crore plan to strengthen the education sector during his meeting in New Delhi on Tuesday. During a meeting at the Finance Minister's chamber in Parliament, Reddy sought the Centre's support for large-scale investments ...Read More >
Hyderabad/ New Delhi, Dec 16 (UNI) Telangana Chief Minister A. Revanth Reddy on Tuesday appealed to union Finance Minister Nirmala Sitharaman to exempt borrowings for development of the education sector, from the limits prescribed under the Fiscal Responsibility and Budget Management (FRBM). He sought the exemption on the ground that the expenditure should be treated as an investment in human resource development. Revanth Reddy, who met the Finance Minister at her chamber in Parliament, briefe ...Read More >
New Delhi, Dec 16 (PTI) The Lok Sabha on Tuesday passed a bill to raise FDI in the insurance sector to 100 per cent, with a view to providing insurance to all by 2047. Replying to a debate on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, in the Lower House, Finance Minister Nirmala Sitharaman said higher FDI will attract more players in the industry and make insurance policies more affordable. "Monopoly doesn't give us that advantage, and therefore, the more the competi ...Read More >
New Delhi [India], December 16 (ANI): Telangana Chief Minister Revanth Reddy met Union Education Minister Dharmendra Pradhan and Finance Minister Nirmala Sitharaman in Delhi on Tuesday. CM Reddy urged the Union Education Minister to sanction an Indian Institute of Management (IIM) in Hyderabad and to set up Kendriya Vidyalayas and Navodaya schools in identified areas of Telangana. Also Read | Did 163 Indian Air Force Pilots Resign After the India-Pakistan Conflict of May 2025? Viral Document I ...Read More >
New Delhi [India], December 16 (ANI): Telangana Chief Minister Revanth Reddy met Union Education Minister Dharmendra Pradhan and Finance Minister Nirmala Sitharaman in Delhi on Tuesday. CM Reddy urged the Union Education Minister to sanction an Indian Institute of Management (IIM) in Hyderabad and to set up Kendriya Vidyalayas and Navodaya schools in identified areas of Telangana. The Chief Minister met with Minister Pradhan at the Union Minister's chambers in the Parliament. During the meetin ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. Also Read | MI Team ...Read More >
New Delhi: Telangana Chief Minister A Revanth Reddy on Tuesday met Union ministers Nirmala Sitharaman and Dharmendra Pradhan in Delhi, seeking central support for education initiatives, including the establishment of an Indian Institute of Management in Hyderabad. He also met Congress leader Sonia Gandhi and briefed her on the two-day Telangana Rising Global Summit-2025 held on December 8-9 at Future City. He also presented a copy of the "Telangana Rising 2047 Vision Document", according to a s ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. "We want the regula ...Read More >
New Delhi, Dec 16 (PTI) Telangana Chief Minister A Revanth Reddy on Tuesday met Union ministers Nirmala Sitharaman and Dharmendra Pradhan in Delhi, seeking central support for education initiatives, including the establishment of an Indian Institute of Management in Hyderabad. He also met Congress leader Sonia Gandhi and briefed her on the two-day Telangana Rising Global Summit-2025 held on December 8-9 at Future City. He also presented a copy of the "Telangana Rising 2047 Vision Document", acc ...Read More >
Hyderabad, Dec 16 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Tuesday met Union Finance and Corporate Affairs Minister Nirmala Sitharaman in New Delhi and urged her to extend support for the establishment of Young India Integrated Residential Schools (YIIRS). The Chief Minister informed the Union Minister that the State government plans to set up 105 YIIRS across Telangana. According to the Chief Minister's Office (CMO), he highlighted that through the YIIRS, quality educatio ...Read More >
New Delhi: A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced in the Lok Sabha amid strong protest from the Opposition. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, seeks to amend Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999, as per the bill circulated to members of Parliament. Introducing the bill, Union Finance Minister Nirmala Sitharaman said the commo ...Read More >
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