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English Release 28-July 2014
Date Month Year
  • President's Secretariat
  • President congratulates medal winners in Commonwealth Games
  • Vice President's Secretariat
  • Vice President Greets Citizens On Id-Ul-Fitr
  • Election Commission
  • Bye-elections to the State Legislative Council of Andhra Pradesh and Maharashtra by the Members of Legislative Assembly
  • Min of Defence
  • BEL-Bangalore Complex Certified for ISO 27001
  • Min of Environment and Forests
  • Advertising campaign to be launched to popularize Science Express- Biodiversity Special- Prakash Javadekar
  • Min of Health and Family Welfare
  • “Mass awareness required on simple steps to control diarrhoea”
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket increased marginally to US$ 106.01 per bbl on 25.07.2014
  • Min of Shipping
  • Kanika Sands Transshipment Zone
  • Min of Women and Child Development
  • The Number of Beneficiaries Covered under ICPS on the Rise
  • Total of 3924 Children placed in In-Country adoption during 2013-14
  • Min of Youth Affairs & Sports
  • India wins 5 Medals on Day 4 of the Commonwealth Games 2014

Previous Date

 
Ministry of Finance30-November, 2012 15:30 IST
Foreign Companies in Insurance Sector

The Insurance Regulatory and Development Authority (IRDA) has informed that no foreign company is presently functioning in India. However, foreign companies are allowed as joint venture partners in the Indian insurance industry with a Foreign Direct Investment (FDI) cap of 26 per cent and at present 38 private insurance companies are functioning in India along with their joint venture partners.

This was stated by the Minister of State for Finance, Shri Namo Narain Meena in a written reply to a question in the Lok Sabha today.

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