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Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
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Government Eases Foreign Investment Norms in 15 Sectors Including Mining, Defence
Ahead of Prime Minister Narendra Modi's visit to the UK, the government has eased foreign direct investment norms in 15 major sectors in a bid to drum up investment and speed growth and also counter allegations that the PM's reforms drive is slowing.
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PM Modi's First Major Reform Gets Parliament Nod, Congress Helps Pass Insurance Bill
Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as Parliament voted late on Thursday to allow more foreign investment in the insurance sector.
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Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities
A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.
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Government's Bills Face Great Wall of Rajya Sabha
On Tuesday, when the Lok Sabha passed the controversial land bill, the Congress and some other opposition parties were not present in the House. They had walked out, signalling to the government that they are united in their resolve to not let its key reforms pass the Rajya Sabha test.
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Bringing Back Black Money Complex Issue: BJP President Amit Shah
Under attack on the black money issue, BJP President Amit Shah today said government has taken a number of steps and disclosed 700 names to the SIT even though it is a "complex" issue with international treaties coming in the way of acting against offenders.
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Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee
Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.
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Hamid Ansari calls rules committee meeting to break Rajya Sabha deadlock
Rajya Sabha Chairman Hamid Ansari has called for a meeting of the Rules Committee today to try and get the House to function again and conduct the Question Hour smoothly. After many days were lost to the deadlock over Foreign Direct Investment (FDI) in multi-brand retail till last week, parties are now disrupting proceedings over the Wal-Mart lobby...
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Promotion quota bill: what it is about
Finding itself in a "complex" situation, the Congress is doing a fine balancing act in trying to resolve the Rajya Sabha deadlock over the bill on reservations for the Scheduled Castes and the Scheduled Tribes (SC/ST) in job promotions and says it hopes for a positive result. The bill is possibly the next acid test for the government with the Samaj...
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Shouting MPs provoke strong reprimand from Rajya Sabha chairman Hamid Ansari
Rajya Sabha Chairman Hamid Ansari has called for a Rules Committee meeting on Wednesday to discuss repeated disruptions of House proceedings. This follows a fierce admonition from Mr Ansari today, provoked by the customary shouting and indiscipline that was witnessed inside the House. "A situation has arisen in which the Chair has to watch helpless...
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Lobbyists can't score with us because we don't speak English, says Mulayam's man
There was chaos in the Rajya Sabha today over the disclosure by retail giant Wal-mart that it spent crores in the US lobbying for entry into India.
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All-party meeting on promotion quota bill fails to break deadlock
An all-party meeting called by Rajya Sabha chairman Hamid Ansari today to resolve differences over the promotions quota bill ended without a solution. This comes following an uproar in Rajya Sabha over the contentious bill that ended in the House being adjourned for the day.
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TDP Rajya Sabha member quits after row over absence during vote on FDI
One of three Rajya Sabha members of the Telugu Desam Party (TDP), who were absent during the vote on the FDI Bill in the parliament, sent his resignation to party president N Chandrababu Naidu on Sunday.
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Rebel JD(U) MP who voted in favour of FDI in Rajya Sabha, quits party and post
Rebel Janta Dal (United) leader Upendra Kushwaha, who voted in favour of FDI in multi-brand retail against the party stand in Rajya Sabha, today announced that he would resign as Member of Parlieament and also from the party.
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Our notice for floor test on FDI exposed Mayawati, Mulayam Singh: BJP
After the Opposition lost the vote on FDI in multi-brand retail in both Houses of Parliament, the BJP today claimed it gave the notice for a debate and voting against the Centre's move to expose arch-rivals Samajwadi Party and Bahujan Samaj Party, which were against foreign investment in the retail sector.
-
Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
-
Government Eases Foreign Investment Norms in 15 Sectors Including Mining, Defence
Ahead of Prime Minister Narendra Modi's visit to the UK, the government has eased foreign direct investment norms in 15 major sectors in a bid to drum up investment and speed growth and also counter allegations that the PM's reforms drive is slowing.
-
PM Modi's First Major Reform Gets Parliament Nod, Congress Helps Pass Insurance Bill
Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as Parliament voted late on Thursday to allow more foreign investment in the insurance sector.
-
Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities
A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.
-
Government's Bills Face Great Wall of Rajya Sabha
On Tuesday, when the Lok Sabha passed the controversial land bill, the Congress and some other opposition parties were not present in the House. They had walked out, signalling to the government that they are united in their resolve to not let its key reforms pass the Rajya Sabha test.
-
Bringing Back Black Money Complex Issue: BJP President Amit Shah
Under attack on the black money issue, BJP President Amit Shah today said government has taken a number of steps and disclosed 700 names to the SIT even though it is a "complex" issue with international treaties coming in the way of acting against offenders.
-
Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee
Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.
-
Hamid Ansari calls rules committee meeting to break Rajya Sabha deadlock
Rajya Sabha Chairman Hamid Ansari has called for a meeting of the Rules Committee today to try and get the House to function again and conduct the Question Hour smoothly. After many days were lost to the deadlock over Foreign Direct Investment (FDI) in multi-brand retail till last week, parties are now disrupting proceedings over the Wal-Mart lobby...
-
Promotion quota bill: what it is about
Finding itself in a "complex" situation, the Congress is doing a fine balancing act in trying to resolve the Rajya Sabha deadlock over the bill on reservations for the Scheduled Castes and the Scheduled Tribes (SC/ST) in job promotions and says it hopes for a positive result. The bill is possibly the next acid test for the government with the Samaj...
-
Shouting MPs provoke strong reprimand from Rajya Sabha chairman Hamid Ansari
Rajya Sabha Chairman Hamid Ansari has called for a Rules Committee meeting on Wednesday to discuss repeated disruptions of House proceedings. This follows a fierce admonition from Mr Ansari today, provoked by the customary shouting and indiscipline that was witnessed inside the House. "A situation has arisen in which the Chair has to watch helpless...
-
Lobbyists can't score with us because we don't speak English, says Mulayam's man
There was chaos in the Rajya Sabha today over the disclosure by retail giant Wal-mart that it spent crores in the US lobbying for entry into India.
-
All-party meeting on promotion quota bill fails to break deadlock
An all-party meeting called by Rajya Sabha chairman Hamid Ansari today to resolve differences over the promotions quota bill ended without a solution. This comes following an uproar in Rajya Sabha over the contentious bill that ended in the House being adjourned for the day.
-
TDP Rajya Sabha member quits after row over absence during vote on FDI
One of three Rajya Sabha members of the Telugu Desam Party (TDP), who were absent during the vote on the FDI Bill in the parliament, sent his resignation to party president N Chandrababu Naidu on Sunday.
-
Rebel JD(U) MP who voted in favour of FDI in Rajya Sabha, quits party and post
Rebel Janta Dal (United) leader Upendra Kushwaha, who voted in favour of FDI in multi-brand retail against the party stand in Rajya Sabha, today announced that he would resign as Member of Parlieament and also from the party.
-
Our notice for floor test on FDI exposed Mayawati, Mulayam Singh: BJP
After the Opposition lost the vote on FDI in multi-brand retail in both Houses of Parliament, the BJP today claimed it gave the notice for a debate and voting against the Centre's move to expose arch-rivals Samajwadi Party and Bahujan Samaj Party, which were against foreign investment in the retail sector.
