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Cabinet approves raising of FDI in insurance to 49 pct with Indian control

The Cabinet approved 49 per cent foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters.

“The Cabinet Committee on Economic Affairs has approved raising of FDI cap in insurance sector to 49 per cent from 26 per cent,” sources said after a meeting of the CCEA, headed by Prime Minister Narendra Modi. 23 more words

Finance

Irrevocable Life Insurance Trust

The following are the steps that should be followed to set up an irrevocable life insurance trust and to remove all incidents of ownership from an insured. 751 more words

What is life insurance?

What type of life insurance is right for you?

To get your life insurance right, you need to work out how much cover you need to protect your loved ones, and also make sure you can afford to keep paying the premiums. 480 more words

Finance

Good Riddance (Time of Your Life)

Dubai Land Department reported that H1 real estate transactions totalled US$ 30.8 billion, of which US$ 14.2 billion occurred in Q2 indicating a slowdown compared to the previous quarter. 1,225 more words

Finance

Digital CC says its digital currency mining of bitcoin strengthening - Herald Sun

Digital CC says its digital currency mining of bitcoin strengthening
Herald Sun
Digital CC, which trades as digitalBTC, was the first bitcoin-focused company to trade on the Australian Securities Exchange, in June 2014. 36 more words

Bitcoin