Government to table Bill to hike FDI in insurance sector to 100% in Winter session of Parliament

Union Finance Minister Nirmala Sitaraman. File | Photo Credit: Jothi Ramalingam B. The government proposes to introduce a Bill to raise foreign direct investment (FDI) in the insurance sector to 100% in the upcoming Winter Session of Parliament. The Winter session of Parliament is slated to begin on December 1 and continue till December 19….

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U.S. sanctions firms, Indians involved in Iran’s oil trade

Image for representational purposes only. | Photo Credit: Reuters The Trump administration has sanctioned entities and individuals from India involved in sales of Iran’s petroleum and petroleum products, saying the funds from this trade support Tehran’s regional terrorist proxies and procure weapons systems that are “a direct threat” to the U.S. The Departments of State…

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Labour experts welcome labour codes, but urge Govt to address likely teething issues

While the Centre’s decision to put into effect the four Labour Codes has been welcomed across the board, industry bodies and labour experts have said the government must now turn its attention to the implementational challenges.  Such challenges include the burden these new laws will place on smaller enterprises and the services sector, the problems…

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