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The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country's insurance industry, a move that could attract inflows from U.S. and European insurers. Finance Minister Nirmala Sitharaman in her budget speech for 2021-22 said the government would allow foreign direct investment of up to 74% in insurance entities, up from 49% currently, clearing the way for "foreign ownership and control with safeguards". The change could attract investments from international insurance companies, industry sources said, many of which have existing joint...

3 Min Read NEW DELHI, Feb 1 (Reuters) - The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country’s insurance industry, a move that could attract inflows from U.S. and European insurers. Finance Minister Nirmala Sitharaman in her budget speech for 2021-22 said the government would allow foreign direct investment of up to 74% in insurance entities, up from 49% currently, clearing the way for “foreign ownership and control with safeguards”. The change could attract investments from international insurance companies, industry sour...

Representative image VARANASI: Three men were arrested on Monday in Azamgarh, UP, for allegedly trying to convert a family to Christianity. Villagers caught the trio when they were trying to flee and handed them over to police. Azamgarh SP Sudhir Kumar Singh told TOI on Tuesday, “Didarganj police arrested three men, namely Balchand Jaiswar of Jaunpur, Gopal Prajapati of Varanasi and Niraj Kumar of Azamgarh, after they had a brawl with the complainant Ashok Kumar Yadav who refused their offer to embrace Christianity.” In his complaint, Ashok Kumar Yadav of Kaitholi village under Didargan...

Representative image VARANASI: Three men were arrested on Monday in Azamgarh, UP, for allegedly trying to convert a family to Christianity. Villagers caught the trio when they were trying to flee and handed them over to police. Azamgarh SP Sudhir Kumar Singh told TOI on Tuesday, “Didarganj police arrested three men, namely Balchand Jaiswar of Jaunpur, Gopal Prajapati of Varanasi and Niraj Kumar of Azamgarh, after they had a brawl with the complainant Ashok Kumar Yadav who refused their offer to embrace Christianity.” In his complaint, Ashok Kumar Yadav of Kaitholi village under Didargan...

Representative image VARANASI: Three men were arrested in Azamgarh on Monday allegedly for trying to convert a family to Christianity after a neighbour of this family refused their similar offer and raised objection. Villagers caught the trio when they were trying to flee and police were called. Azamgarh SP Sudhir Kumar Singh told TOI on Tuesday, “Didarganj police arrested three men, namely Balchand Jaiswar of Jaunpur, Gopal Prajapati of Varanasi and Niraj Kumar of Azamgarh, after they had a brawl with the complainant Ashok Kumar Yadav who refused their offer to embrace Christianity." In ...