Last month, Parliament approved a Bill to increase FDI limit in the insurance sector from 49 per cent to 74 per cent. The Insurance Act, 1938 was last amended in 2015 which raised FDI limit to 49 per cent, resulting in foreign capital inflow of Rs 26,000 crore in the last 5 years.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3sdcCVr
