FDI in Insurance Raised to 100%
2 May 2026National
The Finance Ministry notified the FEMA (Non-debt Instruments) Second Amendment Rules, 2026, removing the 74% cap and allowing up to 100% foreign investment in insurance companies under the automatic route (LIC remains capped at 20%).
More Economy Current Affairs
RBI's October 2026 MPC Minutes Say Rate Cuts Are Off the Table After the Unanimous Hike to 5.50%
GK Byte
📅 22 Oct 2026EconomyRead complete →
Jio Platforms IPO, India's Largest Ever, Fully Subscribed Within Hours of Opening
GK Byte
📅 21 Oct 2026EconomyRead complete →
India's Eight Core Industries Grow 7.9% in September 2026 as Electricity, Coal and Refinery Output Rebound
GK Byte
📅 21 Oct 2026EconomyRead complete →
India-New Zealand Free Trade Agreement Enters into Force on 20 October 2026 with Zero-Duty Access for Indian Exports
GK Byte
📅 20 Oct 2026EconomyRead complete →