Insurance bill passed in Lok Sabha


Posted on 5th Mar 2015 11:29 am by mohit kumar

New Delhi, March 4 (IANS) The Lok Sabha on Wednesday passed the insurance sector amendment bill, which seeks to hike the foreign equity cap on domestic companies from 26 percent to 49 percent, despite opposition protests.

Formally called Insurance Laws (Amendment) Bill, it seeks to replace an ordinance that was promulgated earlier.

The bill now faces a crucial test in the Rajya Sabha, the upper house, where the ruling Bharatiya Janata Party (BJP) does not enjoy a majority.

0 Like 0 Dislike
Previous news Next news
Other news

Gurguram Vaccination - People Still in line for 12 hours still not vaccinated

The situation of Gurugram, which occupies the first position in the state by putting 19 lakh dose

Google Pixel 7 is expected to launch soon, Tensor 2 processor will be available, know features and price

Google Pixel 7 Coming Soon: Google may soon launch Pixel 6's successor Pixel 7. According to the

Diljit Dosanjh took a big step amidst the Punjab 95 controversy, fans will be shocked to know.

Punjabi singer and actor Diljit Dosanjh is in the limelight these days. In the last few months, t

LSG star Digvesh Rathi gets a big punishment for 'notebook' celebration, BCCI imposes a hefty fine

Lucknow Super Giants spinner Digvesh Singh Rathi had to pay heavily for doing a 'notebook' celebr

NEET-UG R-exam: 750 out of 1563 students did not appear for the re-examination, and only 52 percent of the children showed courage again

The re-examination of 1563 students who got grace marks due to a waste of time in the NEET UG exa

Mohammed Shami: Creating history in the World Cup, Shami again showed his strength, his personal life 'eclipsed' his career many times.

Indian team's fast bowler Mohammed Shami won the hearts of cricket lovers with his brilliant perf

Jonty Rhodes started touching Sachin's feet: The incident happened after MI's fifth consecutive defeat, Jonty was the first Mumbai fielding coach

After the match between Mumbai Indians and Punjab Kings on Wednesday in IPL 2022, there was a ver

The political uproar over the decision to ban 'Namaz break', Pralhad Joshi's retort to Tejashwi's statement

There is a political uproar over the decision to ban 'Namaz break' in Assam. While BJP leaders ar

Amazon Layoffs: Massive layoffs begin in Amazon, said this in a letter to the employees who lost their jobs

America's technology and e-commerce giant Amazon has started reducing its spending amid the growi

Reasi Terror Attack: Jammu Police released sketch of Reasi terrorist, announced a reward of Rs 20 lakh

Jammu and Kashmir Police have taken major action in the Reasi attack. The sketch of the terrorist

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash