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Union Budget 2021 | FDI limit in insurance hiked to 74% Updated: Updated: February 01, 2021 16:59 IST ‘This is bound to attract enhanced flow of capital to the sector, benefiting the economy,’ says the Confederation of Indian Industry Share Article AAA ‘This is bound to attract enhanced flow of capital to the sector, benefiting the economy,’ says the Confederation of Indian Industry Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in insurance from 49% to 74%. Tabling the Union Budget for 2020-21, she said, “We prop...

Story Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281 Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index BusinessToday.In | February 1, 2021 | Updated 16:10 IST India Stock Market News Highlights Today on union Budget 2021: IndusInd Bank, ICICI Bank, SBI, HDFC Bank were among the top gainers today while HCL Tech, Dr Reddy, Tech Mahindra were among top losers Sensex, Nifty Highlights on Union Budget 2021:In a historical mov...

The onus to regulate the proposed exchange for spot gold has fallen on the Securities and Exchange Board of India. The statutory body currently regulates the equities market along with commodity futures market. “In the budget of 2018-19, government had announced its intent to establish a system of regulated gold exchanges in the country. For the purpose, Sebi will be notified as the regulator and the Warehousing Development and Regulatory Authority (WDRA) will be strengthened to set up a commodity market eco system arrangement including vaulting, assaying, logistics etc in addition to war...

Budget stresses on six pillars of Indian economy ​ By IANS | Published on ​ Mon, Feb 1 2021 18:21 IST | ​ 0 Views   Post Covid: FY22 Budget to give ample opportunity for economic reset, growth. Image Source: IANS News New Delhi, Feb 1 : After a Covid hit year, six pillars of health, physical and financial capital and infrastructure, inclusive development, human capital, innovation and minimum government and maximum governance have been identified as the cornerstones to build a new economy in a New India. Presenting the Union Budget 2021-22 on Monday, Finance Minister Nirmala Sitha...

URL copied Budget 2021: Who got what India's ambitious Budget 2021 had something for everyone. But, infrastructure and healthcare turned out to be the biggest winners. The allocation for the defence sector too wasn't any lesser. In a host of announcements, Union Finance Minister Nirmala Sitharaman sought to pull out the country's economy from a creaking financial system, generate more employment opportunities, and ramp up healthcare by prioritizing vaccination for all. There were quite a few firsts during the presentation of the 2021-22 Union Budget in the Lok Sabha. For the first t...