Search Results for: foreign investors

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Cabinet Clears 49% FDI in Insurance

The union cabinet on Thursday cleared FDI cap hike in insurance from 26 percent to 49 percent, to ease FDI limit in the domestic insurance sector. Jul 25, 2014
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India summons Pak Deputy HC over delay in 26/11 Mumbai attack trial

New Delhi, July 25 (ANI): India, on Friday, has summoned Pakistan Deputy High Commissioner over delay in trial of Mumbai 26/11 attacks. While the Pakistan deputy high commissioner was summoned to the ministry of external affairs in India, the Indian deputy high commissioner went to the Pakistan foreign office in Islamabad and lodged a similar protest. Congress leader Veerappa Moily appreciated the government's decision. Meanwhile, Defence Expert Uday Bhaskar said that Pakistan had been delaying the trial of the case since a long time. Jul 25, 2014
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Sensex, Nifty Fall on Profit Taking

Nifty fell on Friday after hitting a record high for a third straight day as investors took profits in blue-chips, such as ICICI bank, whereas IT stocks declined after Wipro's US Dollar revenue growth lagged rivals. Jul 25, 2014
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Sushma Swaraj hails return of workers, nurses from strife-torn Iraq

New Delhi, July 25 (ANI): India's Foreign Minister, Sushma Swaraj, on Friday hailed the return of workers and nurses who were abducted by suspected Islamist militants in Iraq. The 46 nurses, all from Kerala, had been stranded in a hospital in the militant-controlled city of Tikrit for weeks but were moved on July 03 against their will, India's foreign ministry had said. Recently, 17 more Indian nurses, who were stranded in Iraq, arrived in Kerala. Swaraj said around 4, 000 Indians have been brought back from Iraq. Meanwhile, Swaraj also lauded the government for making special arrangements to bring them back from strife-torn Iraq. Jul 25, 2014
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Congress hits out at Modi govt over secretary-level talks with Pakistan

New Delhi, July 25 (ANI): Congress slammed the ruling BJP government over foreign secretary-level talks between India and Pakistan scheduled for next month. The decision to re-start secretary-level talks was taken during Prime Minister Narendra Modi_s meeting with his Pakistani counterpart Nawaz Sharif when the latter attended Modi_s swearing-in ceremony in May. Foreign Ministry Spokesperson Syed Akbaruddin said the foreign secretaries will meet on August 25 in Islamabad. However, Congress leader Manish Tewari questioned U-turn of Modi government as it has always advocated for tough stance on Pakistan. Meanwhile, PDP leader Tariq Ahmad Karra, welcomed Indo-Pak dialogue. Jul 25, 2014
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India and Pak Foreign Secretaries to meet on August 25 to revive dialogue

Islamabad, July 25 (ANI): The foreign secretaries of India and Pakistan will meet on August 25 to re-launch the stalled dialogue process between the two countries. Addressing a media briefing in Islamabad, Pakistan Foreign Secretary Aizaz Ahmed Chaudhry, said that in keeping with the vision of the two prime ministers to improve and establish good neighbourly relations, both sides had agreed on the meeting date during a telephonic conversation between the foreign secretaries of the two countries. The development is being seen as a major breakthrough in the backdrop of hostilities that recently cropped up following skirmishes on the Line of Control. He said the mechanism of Director Generals Military Operations (DGMOs) talking to each other every Tuesday was working well and Pakistan was open to ideas and suggestions to strengthen this mechanism and to increase its effectiveness. Jul 25, 2014
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UK's Hammond: cycle of violence 'triggered by Hamas'

British Foreign Secretary Philip Hammond met Israel's Prime Minister Benjamin Netanyahu at the Knesset, Israel's parliament in Jerusalem, to discuss possibilities for a ceasefire and an end to the ongoing violent conflict in Gaza. Duration: 00:46 Jul 25, 2014
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Cabinet approves 49% FDI in insurance, Politicos react

New Delhi, July July 24 (ANI): The Union Cabinet on Thursday approved 49% foreign investment in insurance. The cabinet has taken the FIPB route ensuring management control in the hands of Indian promoters. While the CPI said that the left parties would oppose the bill, the Congress said that the BJP is doing what the Congress exactly used to do when it was in power. Jul 24, 2014
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